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Home My WebLink About2581 ~ ~ECEIYED i-~~.Z~ IM M1AIOIT Of TAXl3 c~ ~ ~ BUE ON CIASS'C' INTAtiG16l.E IERS011A1 PROPERIY~ ~ ~tIRS1iA!(~ TO C1IAITER 71•ISI. 11CTS Of 1971. jN ST-17 , 3~2 A06Elt /~WTM~ CMrk Circ~t OoY~ St LLCN Ca fia ~ ~ I.OAN ti0. ~ ~rr^+v~70o FLORIDA MORTGAGE TtIIS INDE.'vTURE, made this 21St. day o[ MdrC!1 , A. D. 19 72 by aod bctwcen AN~FtICAN HOPIES AND MORn'~AGE, INC. o( the County of Stt. Lt1Cl@ , in tht State of Fiorida \lortgagor, and hereinafter so dcsignatnl and ~icCAUCIi:~\ :1tORTGAGE C011iPAhY, INC., a corporation o( the State ot Fiorida, having its princip~l oftice in the City o( Goral Gables, - State of Florida, Mortgagee, and hereina[ter so daignatcd: ~\HEREAS thr said \iortgagor is justly indebtcd to the s~id 4tortgagee in the principal sum o( TY~*PY TiIWSAND ZS~10 HUNDRm AND NO/100----------------------------------------- Dollan, as evidenced by a certain pwmissory note o( c~'en date herewith, th~ (inal payment of which is duc on April I 19 9?, executed by the Mortgagor and deli~•cred to the Mortaagee, copy of which is attached hereto and made a part hercof. ~ FIXED MONTHLY PAYMENT NOTE ~ ~ r` Florida, ~ ~ , 19_~ For value received, the undenigaed joiatly and sevenUp promise to pay to the ordcr of McCAUGHAN MORTGAGE COMPANY. INC., a Florida corporatioa, the principal sum of ~s (j with interat thercon from dace, payable montWy at the nte ot per cmt. per annum; the interest and principal of this note payable in instalmenu as toUows: Beginning on the day oE , 19-~L the sum of Dollus, and the same amount on the same day o( each month thereafter until the dar of ~t , 19~-. whea the balance ot the principal 'u due and payable. The aforesaid monthly payments are to be applied 6rst to interat at the rate aforesaid due monthly upon the principal sum ` or so much thereot as shall from time to time remain unpaid, and the balance of each monthly paymeat shaU be applied en account ~ of principal. i All imwlmenu ot interest a~d principal are payable at the of6ce af the payee in the City of Coral Gables, Florida, or ~ at such other place as the holder hereof may daignate in writing, in lawful money o[ the United Swta of America. If aay ~ of said inswlmenu o[ interat and principa! aha11 not be paid when due then the entire ptincipal sum aud utrued interat ~all become due and payable at oace, at the option of the legal holder o( this note. ! Each mal~er and rndoner waiva the rig6t of exemption uader the Constitution and laws of Fbrida, and each maker and ~ endoner waiva demand. protest and ewtice of maturity, oon-payment or protest and aU requirements necewry to bold eacb of them liable as maken and endorsen. ~ It is further agreed tl~at each auter and endonu, jointly and sevenllr, ~all pa~ all oosb of collcetion, iaduding a rea~on- able attorney's (ee. on failure to pay the principal of tLis note or anp interat thereon at maturity. Thi~ note and all sums due thereundv ahall bear interat at t6e nte of tea (10) per ceat per annum from due date until paid. It is (urther agreed that each maka and endorser jointl~ and severally hercby oonsent to mr exte~ions or nnewals or ~ modifications of thii note or anr part thercof without noticq and euh mal~er and endorar agrees that he vrill remain liable as ~ ~ch during any eztension or renewal or mod~cation hereof until the debt represented 6ereby is fuUy paid. Privilege is given to prepay in full after one year from the date o( the mortgage upon payment of a sum equa) tv 3°1o during ~ the 2nd year; 2%:°lo during the 3rd year; 2~Ic during the 4th year; 1%i% during the Sth year; lr/o during 6th year to maturity. All ~ are based on the original amount ot the mortgage. " This note is secared by mortgage upon rcal propeitp in Flo_,_ rida_and te is to ~ be consuued ucording to the laws of fbrida. ~ a~ ~ ~ (SanL) ~ ~r ~~s~.) ~ (Sa~.) ~ ~ ~ ~ ~ ~ \OW THIS INDENtURE WITNESSETH, that the said Mortgagor, to better sccurc the parment of the prinupal sum ~ set out in said promissory note, and interest thereon, and in consideration thereof, and for other valuabk considerations, hu granted, bargainrd and sold and by thae praenu does grant, bargain and sell to said Mortgagee and to its successors and assigns _ fore~•er, all that certain parcel or piece oE land lying and being in the County of St. LuCl@ and State of - Florida, more particularly described as: _ Lot 15, IIlock 21, IAt~rWOOD PARK, UNIT No. 3, according to the plat thereof ~ recorded in Plat Book 10, page 64 of the Public Records of St. Lucie County, Florida. - State Documentary Stamps aifixed to the original note and cancelled. ~ s ff ~ ~ _ ~ _i ~ 'id 1 . y 3 . . . _ _ _ . . . . . . . _ ~ . . . - _ l _ . . . _ _ . . ' . _