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HomeMy WebLinkAbout0918-~ - 0. R.' e;K ~~ ~a~F~~2 t.t~:~:v r:o. Srl'~2734 FLORIE?A 1l~ORTG~-~~ w THIS INDENTURE, made this ~jtil c?a~ of DiOVelliber , A. A. 19b2 , h; and between 'i'trILLIA"~ V. Pr'AU and ri~:STR Yr`AU, 'rlis wife of the County of 5 t. ZIJ.C1 @ in the State of Florida 111srtgagor, v~d hereinafter sr~ designated and McCAUGHAN hfORTCAGE COb{PANT', INC., a corporation of the 5rxte of Florida. having its principal office in the City of C.eral Gables, State of :~lorida, Itiortgagec, and hereinafter so designated: st. ~1'11ERF..AS the said lliortgagor is justly indtbted to the said 1`fortgagee in the principal sum of ~'lV~: T~iOUSA:D and 00/100-- - - - -- - - - - - - - nona~t. as e~•idenced by a certain promiuory note of even date herewith, the final payment of which is due on December 1, 19 7 (. executed by the Afortgagor and delivered to the Mortgagee, copy of which it attachrd-here:~ and made a pan hereof. Ax~o ~o~rnnY rAY~rr ~~ ~~~,000.00 .- _.~._-~4~'~ P~.~,~~Florida, _ liov~mber 5 , 19_.2_ For value received, the undersigned jointly and severally,,,,pp~~mix to pay to the order of IKtC UGHAN MnRTDGoA~ CA PANY I~;, a Florida corporation, the principal sutra of 11.1f~_~"h4~.~-$] ~~,~• ~. t~7 ), with interest thereon from date, payable monthly at the rats of _.. per cent. per annum; the interest and principal of chit note payable in instalments u follows: Beginning on the d~ day cf -~sstri ~~ I9~_ the sum of _ Dol~laRrs, a`nd the same amount on the same dap of each month thereafter until the _l.><.~i-- day of _-..~s3.f~b~--~ 19-F-i-~ when the balance of the principal is due and payable. - The aforesaid monthly payments are to be applied fins to interest at the rate aforesaid slut tnoathly upon th-_ principal sutra or so much thereof as shall from ume to time remain unpaid, and the balance of each monthly a~mta~!h~1! be ~pp~unt of principal. }~: ~ ~ 4 s 0~ 1 ~A s. s morass of t to tan rincipa~payablro~t~*~Yn in a City of Co=a1 Gables, >Florida, er at such other place u the holder hertof may designate in writing, in lawful money of the United States of Amtrica. If any of said instalments of interest and principal shall not be paid when due thin the entire ptincipal sum and accrued interest stall become due and payable at once, at the option of the legal holder of this note. Each maker and endorur waives the right o[ exemption under the Constitution and laws of Florida, and each maker and endorur waives demand, protest and notice of maturity, nonpayment or protest and all requiremrnts neceswry to hold each of them liable as maken and endorsers. - It is further agreed that each maker and endorser, joirtly and severally, shall pay all costa of collection, including a rcason- able attorney's fee, on failure to pzy the principal of this note or any interest thereon at maturity. This note and all sums due thereunder shall bear interest at the rate~of ten (10) per cent. per annum from due date until paid. It is further agreed that each maker and endorur jointly and severally hereby conseat to any extensions or renewab or rwdihcations of this note or any pan thereof without notice. and each maker and endorur agrees that he trill remain liable as such during any extension or renewal or modification hereof until the debt represented hereby is fully paid. This note is secured by mortgage upon real property in a't~ ~G.~.L--~AkL~l~~ ,Florida, and this note is to )p rcnstrucd according to the laws of Florida. tj - -- 1~~I~~aan ~ aa~ ~SEAL~ ~SEAL~ r er a~ NOW THIS INDENTURE WI?'IVESSETH, that thr said A;nrtgagor, ;Fq ,~xtttrr acute the paytnestt of {he prin+Gips+l ~~t set out in said prom~.ssory note, and interest thereon, and in consideration thetFaf, .stn{) !o~ ,other ~~tAbly s~i-ti¢tts~~i~ap>s, ~+ _ granted, bargained and sold and. by these .presents dus grant, bargain and sgll to said,~QQt;t6agee and t4Q;{q #ucc~pFs a{~rti4lt~s forever, a!I that certain .parcel or piece ,txf .land lying and being its .the .CrppntY ~ +~ "~ • Itud- 6 :{~!~ Sttsl~~ o~ Florida, more partia~larly described as: Lest 1~., Flock 57 ,of RIVE PARK ~U}3DIVISIOx~y • Unit 6, accordiri~ to %he Plat t:lvr@of,sas • reccrde~.~ in ~Zat Book 12, at Pale 20 oy tie Bublie ~?er~:~xda of St.'_Lucie Coar.•ty,~~rida~ • -- - ~ - ° - - Rt~etvlldr1 '`.~ n p~yf~ent of ~~xN ~~ _ -~ +Of1 r( ,lJ~'fiZ`s,~,t~~l fC~';0!13I f fCt('rnr - UfE4it',t `~ ,- - ~ Ofs $~. ~.1;r-iE ~ O~r , State docu>;lent~txy stamps af'.~i~cibd to -the. ~riJ:illal nfate and cance E . - ~ _ a