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HomeMy WebLinkAbout0010 23~9'75 ~ OtIE OM ~N MYNpR pf ~ ./Z Z-/L t' c c-~ ~ ..ril-17 i:~~tU ,o. ~t aa a~ x~; c;, a~ - 231385 FLORIDA MORTGAGE . TIi1S I\DE\TURF., made this 12t:h, day of 3une D. 19 72 l~y and betwecn Ai•~~ICA:1 I i0~ ~S A:dD I:OR'Z'GAG:?., Ii;C . uf the County of ~C1e , in the State of }lorida ~tortqagor, ~nd hcrein:?ftcr so designatccl and \1cC:1L'Cft:1\ 1fORTG:ICE CO~iFA\1', I1G., a corporation o[ the State of Florida. ha~~ing its principal otfice in thc City o[ Coral CaW~•s, St:ue of Florida, ~tortgagce, and hereinafter so designated_ ~YHEREAS thr said rlortgagor is justly indebtcd to thc said '.1lortKagec in thc principal sum of . .°.~.I:;:i='~:i3 '"i'i?OU`' :JD Sc.'V`a::1 IIU::~R`t:D A:;D 2~0/100------------------------------------.. Dollaa. as e~•idencccl by a cc~taen promissoty note of c~•rn datc lierewith, thc final payinrnt of which is duc on Jtltle 19 J7, cxecuted by the Mortgagor and deli~~ered to the rtortgagee, copy of which is attached hereto and made a part hereof. AXED MONTHLV PAYM~IT NOTE j ~ ~ Florida, ~ ~ - , 19_~ For value received, t6e undenigned joindy and sevenlly promise to par to the order of McCAUGHAN MORTGAGE COMPANY, INC.. a Florida corporation, the principal sum of r~• with interest thereon from date, payable monthly at the rate o[ per cent. per annum; the interest and prinupal of this note payable in inswlmenu as follows: • Beginning on the day of ~ „ 19~ the sum of DoIIan, and the same amount on the same day of each month thereafta until the ~ day oE ~ , 19~_, whe~ the batance oE the principal is due and payable. The aforesaid monthly payments are to be applied fint to interest at the rate aforesaid due monthly upon the principal ~um or so much thereot as shall [rom time to time remain unpaid, and the balance of eac6 monthly payment shatt be applied on account of principal. All instalments of interest and principal are payable at the of~ce of the payee in the City of Coral Gabla, Florida, or at ~ach other place as the holder hereo( may daignate in writing, in lawful maney of the United States of Amorica. I[ any of said instalments of interest and principal shall not be paid when due then the entire principa! sum and acczued interat shall become due and payable at once, at the option of the legal holder of this note. Each makcr and endorxr waives the right of exemption under the Constitution and laws of Florida, and each mater and mdorser waiva demand, protat and notice of matwity, non-payment or protest and all requirements necessary to hold each of them liable as maken and endonen. It is further agreed that each maker and endorser, jointty aad uvenlly, shall pay all eosq of copection, including a reason- able at:orney's fee, on failure to pay the principal of thv note or any interest th~reon at maturity. This note and aU sums due thereunder ahall bea~ interest at the rate of ten (10) per cent_ per annum (rom due date until paid. It u fUrther agreed that each maker and endoner joindy and severaUy herehr conxnt to any extensions or renewals or modi~cations of this note or any part thereof withoat notice, and each makrr and endorser agrees that he wiU remain liable as such during any extension or renewal or modification hereof un61 the debt represented 6ereby iu fuUy paid. Pri~-iiege u given to prepay in full after one year from the date ot the mortgage upon pa~ment of a sum equal ta 3rle during the 2nd year; 2%s~le during the 3rd year; 2~/ during the 4th year; 1%s`,'~c during the 5th year, 1~"o during 6th year to maturity. All are based on the original amount of the mortgage. This note u secured by mortgage upon real pmperty in s~ , Fbrida, and this note is to be construed according to the laws of Florida. (s~-) ~i~i~ i" irMl~' ~~~+L) (Sant.) ) r-~za e ~ , ~.,4 10N THIS I\DE\TURE WIT:VESSETH, that the said Riortgagor. to better secure the payment of the principal sur~itJ ' ,~et out in szid promissory note, and interest thereon, and in tonsideratian thereof, and for other ~-aluable consider:~tions, has 5r.~nte~~. 63rKained and sold and by these presents does grant, b:?rgain and sell to said ~iortgagee and to its successurs and auiQns fure•~;rr, all that tert~in parcel or piece of land lying and bcing in thc County of ,~i„ L•uCiC and Statc of Florida, more particularly dcscribcd as: Is~;: l, ~Zxl: iGO, LA:~~~OQr: P~.~i;, L.;IT ::0, 12, «cco_:ling ~o ~he Plat t;~ered~ ~ecorded rla;: 300:: 11, nuc,e~ 2'v~, ~_nci ~G~ o` t:e Pu:~lic Rcco~-ds JT ~t. ~?c-e Count:,~, r lo~_ ~_:c_ ~ ~2a3 ~ e44K~05 r~cE . ~0 . '.1-39 ~Q - ~~.P ~ 2~Y ! ~ t,. k _ ~ - - - .1 y a . ~ ~ .