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HomeMy WebLinkAbout3782 v- ST-17,982 1.0:1N i\O. 24413'7 FLORIDA MORTGAGE ~ THIS I\DE~ITURE, mad~ this 19th. day o[ D6C~Y ,:1. D. 19 72 by and brtwccn 21HF.RIGN I~K)l~1F5 ~NO l+pRT('a~1GE ~ INC. a[ the Gounty o( St. Lucie , ert thc State of Florid~ ~fo~tgagor, and hcrei~after so designatccl and AtcC.~L'Gli:\\ ~10RTGAGE COriPANY, 1;\C., a corporation of tht State oi Florida, 1?a.~.~g its princip~! of(ice in the Ciry of C:oral Cables, State of Flurida, riottgagee, and hereinafter so daignated: ~Y~iEREAS thr said 1ltortgagor is justly indebtcd to the s:?id \tortqagee in thc pri~cipal sum o( '1WEt~R NII18 '1~IOU5~ND '1W0 HpNDRF~ AND NO/100----~--~••----~--~..-~~..~~~~~~~.... Dollars. , as e~•idrnced by a certain promiuory note of e~•zn date herewith, the final payment of which is due on Mgy j 19 gg , exeeuted by th~ 1~lortgagor and deli~•ered to the Mortgagee, copy of which is attached Aereto and ~nade a part hereof. i FIX~D MONTHLY PAYME~fT NOTE ~ ( ; S 29, 200.00 Fc+rt Pierce Fiorida, December 19 , ig 72 t For ~•alue received. the undersignecl joindr and severslly pmmix to pay to tne order of ~icC:1UGHAY ~fORTG4GE CO~iP:\\Y, I\C., a Fiorida torporation, the principal sum oE ~~N~ ~~E Z~iOUSAND Z~~10 HIIND~9 & OOpollan ~S 29~ 200.00 with interest thereon Erom date, payable month[y at the rate of E1.9ht ~r cent. per annum; the interest and principal of thu eote payable in instalmenu as follows: $eginning on the ~St• day oE `T~e 19 73 the sum oE +5225•'~2 DoUan, and the same amount on the same day of each mont~ thereatter until the l~t• day of May ~ 19 98 # whan th- balance ot the principal is due and payable. - 3 The a[orrsaid monthly paymenu are to be applied first to interat at the rate afor~said due R:unthl~ uport the principal sum or so rr.uch thereof as shall from time to time remain unpaid, and the balance of each ?nonthly payn~ent shall be a~plied ~n account of principat. ;111 ins!a!ments of interest artd principai are payable at the office of the payee in the Ciq of Coral Gables, Flor.da, or at such other place as the holden c~reof mzy designate in ~vriting, in lawful money of the L~nited States oE :lmerica_ If any of sa:d instalmenis of interest and principa! shall not be paid when due thcn the entire principal ~um and accrued intecest shall - brcome due and ~ayable at once, at the option of the legal holder of this notn ' E1~n r.~aker and eredorser w~ivn thC right of e~emption under the Constitution and lawe of Florida, and each r:~aker and endorser ~,~i~•es demand, protest and notice of maturity, non-payme~t or protat and ali requiremenu necruary to hoid each of them liable as makers and endoners. Tt is further agreed that each ma~er and endorser, joiatl,v and severrlly, shaU pay ail costs of coltection, including a reason- able attorn°y's fre, on [ailure to pay the pzincipal of this note or any interest thereo~ at maturity_ Tt~it note and all su:ns due thereunder shall bear internt at the rate of ten (10) pzr cent per annum from due date untit paid. It is further agteed that each~ malcer and e~doner jointl~ and severaUy hereb~ consent to any ~t:easions or renrwals or modifications uf this note o.- any part thereof without notice, and each maker and endorse~ a¢rces that he wili zemain liable as such during any extension or rcne.val or modification hereof until the debt reoresen~ed hereby is fully paid. '1 T l~L•~I~M{~aY s7Y~{/~~j.~4/~~y~V~11~11i~1(Yf\Si~A~,~Y~?[Vl~ffltlVl7~~fC~.yW~Y/~~1y6~fIFf1~~l~yW~M`l~h~~l~lAY1'!1M'1IWyY1~R.lY i~'A~~y~y~ UQ~Y/1~ o+~s1~?fYANVL1~M9fAf~~YfYAlLAH/~'~11112ti~KMw6~ ~ 1~Alf/f!~!l~Y1YfAiY ~ Tiiis note is sccuted by ~ortgage upon real properq in St. LilCie Florida, and this note is to be con~tn.z•d according ta the lavv~ of FIorida. A,~¢,`R~(~V HOMES ~.~ID MO:tTC~GE ~ I~IC. . ~S~'I"~ i iam . ers~n, Presi eht~~ ~ SEAL ~ ~ SEAL _ _ =~Borro:~er May prepay the uwrtgage in whsle or in erna ezson, ec y& easiireZ part'iit''~.he folloWinq manner and under the following canditions: 2$ lst. 4 year, thereafter. ~il are based on the original atc~unt of the u~ortgage. \O~~' THIS I\DE\TURE ~tiIT\ESSETH, that the said ~iortgaqor, to better secure thc pa}•ment of the prirtcipal s~cm set out in said promissory r,ote, and interest therton, and in consideration thereof, and lor other ~•aluable considerations, has 5 ~ranted, bargained and sold and by these presents does grant, bargain and srll to said ~fortgagce and to its successors and auiGns forecer, all that certain parcel or piece of land l~ing and bc•ing in the Gounty o[ St. Lt1C1@ and State of Florida, more particularly described as: ~ ~e West 5 feet of Lt 17 and a1Z •f Iwt 18, BUck 20, Li~K,EFtOpp Y PARK, UNIT NO. 3, acv~r~ing t~ the plat reoorded thereof in Plat BMk 10, pages 63 and 64 of the Public Rec~rds •f St. Lucie t~ aunty, Fl~rida. 8' ~ 1N PI?~ME~ ~ ~ • RECEIYED S ~ N11L PROQERIY~ ~ pltE ON ClASS IN~ANGIBLE P A S~~911 ~ T 10 C?~1ER 71-134. ! 4 PURSUJ~~ - ROGER PU ~ERK CIRCU~j ~URT, Si 111C1E 00, fU. ~ ; > ~ ~ aooK 209 ~A~E 77? ~ : ~ - = a~ ~ ~ ~ - _ ~ r~~:=~- _ _ ~ ,