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HomeMy WebLinkAbout0915 ~~o ~ 7 -S/L ouE o~r c~ MrMa~t oyf~ ~U.~ort~.! ~ ~ ~ ~~~„"v~Llf!? ~ .,~`i 1 -1.7 i ~ ~U ; ~ a~ ~ 23~385 ~•cx~,a~ ~ ~ ~ FLORIDA MO~tTGAGE TEIIS I\DE~iTURE, made ehis 12th~ day of ~ne . A. D. 19 72 by and bctween AT•~.TtICA.N F:Qt~S AND 2•.O~GAGE, IIdC. of the County o[ J~cj~e , in the State o[ Florida \tortgagor, and hereinaftcr so designatrcl and \icCAt.'GH.I\ JtORTGACE CO\LP~\'t', I'.\G., a rorporation of thc State o[ Florida, ha~•ing its principai office in the City oi Coral Gablcs, Ststc of Florida, bfortgagee, and hereinafter so designated: 1!'HEREAS thr said I?fortgagor is justly indebted to the said I?lortgagee in the principal sum ot EIGFiTr~.N TiiOUSA~~1D 5~.."d I~lJI7DRF•D A:3D NO/I00-------------------------------------- Dollan. as e~•idrnced by a cenain promissory note o[ ~cen dat~ h~rewith, thc fin~i pzyment o! which is due on JuTiG 1 19 97, cxecuted by the Aiortgagor and ddivered to thr :~io~gee, cop~• of which i~ attached hercto and made a put hrreof. FIX~ MONTHLY PAYNIBVT NOTE _ ~ ~ Florida, ~ ~ 19_~ For value received, t6e underaigned joindy a.nd sevenlty promise to pap to the ordet oE McGAUCHAN MORTGAGE COMPANY, INC., a Florida corpontion, tbe principal sum of r~~+ with intereat thereon trom date, payable monthly at the nte ot ~ per crnt. pe~ annum; the interat and priacipal of this note payable in irutalments as (olbws: Beginning on the day of ~ „ 19~ the sum of ~ Dopan, and the same amount on the same day of ~ach month thereafter until the ~ day of ~ , 19~_. when the balance of the principal is due and payabte. 'ILe aforeuid monthly payments are to be applied fint to interat ac the rate aforesaid due monthly upon the principal sum or so mucf~ thereof as shall trom Ume to time remain unpaid, and the balance of each monthly paymeat shall be applied oa atcount of principal. ~ All instalmrnts oE interat and principal an payable at the of~ce of the payee in thc City of Coral Gabia, Flosida, or at such other place as the holder hereof may daignate ia writing, in lawful money of the United Stata ot America. If any of said instalments ot interat and principal aha11 not be paid when due thea t6e ~ntire principal sum and ucrued interat shall become due and payable at once, at the option of the kgal 6otdu of this nota Each maker and endorser wa;ves the right of exemption under the Constitution and laws of Fbrida, and each maker and mdorser waives demand, protest and notice of maturitr, non-paymwt or protat and all requiremenb aecesiacy to hold each of them liable as maken and endorsen_ It is furt2.er agreed that eac6 maker and endorser, jointly and ~verally, shall par all coau oE coll«eion, including a nason- able attorney'~ fee, on failure to pay We principal of tAis note or any interat thereon at matuzity. This aote and all sums due thereundv ~6a11 beu interat at the nte of ten (10) per cwt. per annum from due date until paid. It is further agreed that eac6 maker and endoner jointlp and severally herebp consent to any entensions or reaewab or modifications of thi: ~ote or anp part thereot without notice, and each maEer and endorser agrea that he will remain liable as •uch durins any utension or renewal or madification hereo[ until t6e debt rcpraented hereby is fully paid. Privitege is given to prepay in full aEter one year from the date of the mortgage upon payment o( a sum equal tv 3r/o during th~ 2nd year; 2%:`'lc during the 3rd year; 2~/e during the 4th year; 1%zr/o during the Sth year; 1`lo during 6th year to maturity. AU are baud on the original amount of the mortgage. ?tus note is secuted by mortgage upoa ral p~opertp in , F3orida, and tLis note ii to be corutrued acoordina to the laws of Fbrida. ( Sa.ni. ) ~ ~ ~ ~ ~~a~i.) ) N-~2~ i 10W THIS INDE~1TlIRE WITNESSETH, that the said Mortqagor, to bctter ucurr the pa~•ment of the principal sum srt out in said promissorn not~, and inter~st thereon, and in consid~ration ihercof, and for other ~~aluable considuations, has grantcd. bar¢ained and wld and by these presents does grant, bargain and setl to s.tid 1ltortgagee and to its succrsson and assigns fure~~er, all that certain parce) or piece of land lying and being in the Count~• of St. Lt1Cle and State of florida, more particul~rly describecl as: Z~~ 1, 31oct: 160, LA:~i+JOOU PARi;, i,;;I~' :10. ~2, acco_ding to ti~e Plat thereaf ~s recorded zn Plat 300~: 11, ~~age~ 2"vti and 263 0~ t'r.e Pu?~lic Records of St. i,tzc_c Cottniy, r^lo~-:~:.~a ~ ~ ~ - , ~ ~ _ ~ r ~ r _ _ _ - ~ ° : ~