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Home My WebLink About2629 234'709 Y ~j t~~ ~ `N QpuT14:1t p~pfJ~ . ~ . t~At G\4LE ~4 ~F sT-is,s``° 234'709 S ~PN P~'pC1S 1911• aE~F'~~~SS ,P~ER ~~'~3~~ ~ LOAN I~O. QuR ~j ~tlP~v~~Eu~~~~S~V~1E , ~ - ~~1:K C1R~U~t ~J ~ u~, J-L FLORIDA MORTGAGE TNIS I\DE;\'TURE, made this 3!d day of ~1$Llat . A• ~9 72 by and between ~I(;~~ ~ ~ri. of the Counry o[ $C. Lucie , in the State o[ Florida \iortgagor, and hereinafter so designated and AtcCAUGH:\\ I~fOR"I'GACE C0111PANY, II~TC., a corporation ot the State of Florida, having iu principal o((ice in the City of Coral Gables, State of Florida, Mortgagee, and hereinafter so daignated: WHEREAS the said Mortgagor is justly indebted to the said rtortgagee in the principal sum of '~1~ '1'~$~ND ~ ~~1~ Dollars. as evidenced by a certain promissory note of ea•~n date herewith, the final payment of which is due on S11~ldt 1 19 97 , executed by the Mortgagor and delivered to the Mort¢aQee. couv of which is attached hereto and made a uut hueof. RXED MQNTHLY PAYMENT NOTE ~ ~l.M~.M M~t ~i~ ~,~;a~, ! , ~9-~L For value received, the undenigned jointly and severallp pmmise to pay to the order of McCAUGHAN MORTGAGE COMPANY, INC., a Florida corpontion, the pflAClwl sum of 1~11us ~~.r with interat thereon fmm datq payable montbty at the nte of ~ per cent. per annum; the interat and principal of this note payable in uutalments as tolbwa: Beginning on the ~ day of ~ , 19~ the sum of Dollan, and the same amount on the same day of each month thercafter until the ~ day of ~ , 19~ whm the balance of the principal 'u due and payable. The aforesaid monthir paymenb ue to be applied fint to internt at the rate aforuaid due mont6ly upon the principal sum or so much thereof as shall from time to time reauin unpaid, md the balance of eac6 montWy payment shall be applied on acrnunt of principaL - All insWlmenu of interat and principal are payable at the office of the paqee in the Citr of Coral Gables. Florida, or at suc6 other place as the holder hereof may daignate in writing, in lawful aaoney of the United States of America. If any of said instalments of interat and principal shall not be paid when due thm the entire prindpal sum and accrued iaterat shaU , become due and payable at once, at the option of the legal holder o( this note. Each mal~er and endorser waives the right of exemption under the Constitution and lavrs of Florida, and each maker and 4 eadoner waiva demand, pmtat and notice of maturity, non-payment or protat and all iequirements necessary to hoW each of them liable as mal~en and endorsers. i It is furthv agreed that wch maker aad endoner, jointl~ aad severally. shaU pa~ all ooats of rnllection, iacluding a reason- ~ able attorney's fee, on tailure to pay the principal of this note or anp interest thereon at maturit~. This note and aU sums due ~ thereunder shall bcar interest at the nte of t~n (10) per cent per annum from due date until paid. ~ It is further agreed that each maker and endoner jointlr and severally herebp consent to aay extensions or reuewals or mod~catiom of this note or anr part thereof without notice, and each maker and endorser agrea that he will nmain liable as such during any extension or renewal or modification hereof until t6e debt represented 6aeby is (ully paid. Privilege u given to prepay in (ull after one year from the date of the mortgage upon payment of a sum equal ta 3% d~uing the 2nd year; 2'/:`!o during the Srd year; 2~/c during the 4th year; 1%z~?'o during the 5th year; lrlo during 6th year to maturity_ All are based on the original amouat of the mortgage. This note is secured b~ mortgaae upon real propertr in , Florida, and this aote is to be oonstrued ucording to the lavr~ of Fbnda. (Ss~.) ) (s~) /~l ~I~IM~ ~1a~i~a t~N. M~r ~i w-~z3 e ~iOW THIS INDENTURE WITNESSETH, that the said Mortgagor, to better secure the payment of the principal sum ~ set out in said promissory note, and interest thereon, and in consideration thereof, and for other ~•aluable considerations, has ~ granted, bargained and sold and by these presents does grant, bargain and sell to said Mortgagee and to its successors and assigns ~ (orever, all that certain parcd or piece of land lying and being in the Gounty oE $t •~.11CiE and State of Florida, more particularly dacribed as: ~ ~ Lot 17, Block 20, Lake~rood Perk, Unit No. 3, according to the Plat recorded thereof ia Plat Book 10, page 63 aad 64 of the Public B~ec~ords of St. Lucie County, Florida. ~ State Docvmentary Stm¦ps affi~ced to the original note aad cancelled. ~ ~ ~ ~ ~ aoo~ 204 2628 F~ M-99 _ _ . . . . - . . _ 3,~ . . : _ ~