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Home My WebLink About1594 - 1~ l.p:~;~; ~;n. ~~~tn' ST-22,401 , 4p~, ~ ~ ~ ~~,1„ ~9~~. _ `5 ~ ~ ~t,~~ ~~.~~~u' R G~'`~~~' ~~~~~o.~~~~s~~ FLORIDA MORTGAGE ~~~o~~ . C~E TtilS I\DE.VTURE, madc this 25th. day of JanuaY'y ,:1. D. 19 73 t.t u..v: K~.R Ynv~~~ Y Mf~Y~~f~lAV ~11C V1fP_ Uy :111U Ul'~W~~ii ~yKl•11.J ii• i'.y.i'.ialaa~,f a~.a aa..a~i.w..s s j 7 of the County of St. I,l1C1E` , in the State o( Florida \fortgagor, and hercin~ftcr so designated and 11tcC .liCIi.1\ ~10RTGACE C0:~1P~\Y, 1NC., a corporation of the State of Florida, having its principal o[fice in the City of Coral Cablcs, State ot Florida, Mortgagee, and hcreinatt~r so dcsiqnated: ~YHEREAS thr said I~fortgagor is justly indebted to the said Atortgagee i~ the principal sum of '17~IIRTY 'Rn1~0 THOUSAND FIVE HZJNDRED AND NO/100----------------------------------- Dotlars. as e~•idenced by a certai~ prornissory note of e~~en date herewith, the final payment o( whirh is due on February 1 19 98, executed by the 1liortgsgor and deli~•e~ed to the rlortgagee, copy of which is attached hereto and made a part hereof. FIXEO MONTHLY PAYMENT NOTE s 32,SOJ.00 Fbrt Pierce Florida, January 25 ~ Zg 73 For value received, the undenigned jointly and severally pcomiu to pay to the order of McGAUGHAN MORTGAGE CO~iP.aA~'Y, INC., a Florida corporation, the principal sum of '~I~y ~'p `~OUSAND FIVE HUNDRED 32 ~ 500 . 00 ~ , payable monthly at the rate of per cent. (s ) with interest thereon from date eiqht per annum; the interest and principal of thu note payable in instalments as follows: Beginning on the lst • day of Mareh 19 73 the sum of 5250. 85 Dollan, and the same amount on the same day oE each month thereatter until the ls~ • day of - ~~~a~ 19 98 whea the balance o[ the principat is due and payable. 'Tht aforesaid monthly paymtnts are to be appli~d first to interat at ti?e rate aforesaid due monthly upon the principal sum or so much thereof as shall Erom tune to time remain unpaid. and the balance of each monthly payment shall be applied on account of principal. A!! ~r.s~~l••±..+~. .+f interest and orincioal are payable at the ofGce of the payee in the City of Coral Gables, Florida, or at such other place as the 6older 6ereof may duignau in writing, in lawtui money ot the iiniced ~tates of i~merica. ii anr of said inslalments ot interest and principat shall not be paid when due then the entire principal sum and accru~d interat ihall become due and payable at oace. at the option of the legal 6olde~ o[ this nota Each mak~r and endorser waices the right of exemptioa under the Coeutitution and laws of Florida, and each maicer and endoner waiva demaad, protest and notice of maturity, aon-payment or protat and aU requirementt necaury to hold each o( them liable as makers and endoneo_ It is further agreed that each mater and endorser, jointly and severaUy. shall pay all eosts of collection, including a nason- able attorney's Eee. on failure to pay the principal of this note or any interat thereon at matvrity. This aote and all suma due thereunder shall bear interat at the rate of t~a (10) per cent per annum !mm due date until paid. It is further agrecd that each maker and endorser joindy an3 sevenlly hereby consent to aay extmsions or renewals or modificaeions of this note or anr part thereof without aoticq and each maker and endorser agrees that he will remain liable as such during any exteasion or rener'vai or modificatiaa hereof until the d~bt repraentcd hereby is tully paid. t* XXXXX~[X~iiDC~C~~itX~iX~i~{~X~'cXr~}~X3~ ~~Dic~L3@~~{3@FiiQ}~(ab}~i~b}~}L~Ufaf$X~Cai}f}b}~ ~ . ~~X~t~~~S~$Ck~l~ltx~k3P~5~~kXR~~}~~9kR"~4~'kf~C~X 'This nou is secured by mongage npon real propertp in St. LuCie QoucltY Florida. and this aote is to be construed according to the laws of Flonda. ~SEAL~ /s/ James v~. Mcxinney ~5~~ ¢ ames tr , c nney i ; (S~L) /s/ Marion K. McKinney ~S~~ ' **Borrower may preaay t`:e mortgage in whole Marion K. McICinney • N-~:~aor in part in the following manner and under the following conditions: 2$ first ; 4 years and 1$ thereafter. All are based on the principal amount~of mortgage. \Ot1' 'THIS IiDE~T[iRE WIT\ESSETH, that the said Jiortgagor, to better secure the payment of the principal sum sct out in said promissory note, and inter~st ther~on, and in considcration thcrcof, and !or other valuable considerations, has gr.+nted, b,~rgained and sold and by thcse presents does grant, bargain and sell to said Mortgagee and to its successon and assigns furecer, all that certain pa~cel or piece of tand tying and being in the County of St. I.LICl@ and State of Ftorida, rnarc particularly drstribed as: IAt 21, Block 5, IAKEwOOD PARK, UNIT NO. 1, according to the plat recorded thereof in Plat Book 10, page 51 of the Public Records of - St. Lucie Oounty, Florida STATE DOCUMENTARY STAMPS AFFIXED Z~O THE ORI~ZNAL NOTE AND CANCELLED ~ ~ TFi18 INSTRUMENT pREPARED sv: Walter E. DdV1S' A85TRACT & TIT~E CORP. OF ~LA 203 5. 2ND ST. FORT FrERCE. FLORlDA „ ,3 t~iU~~~L! ~a~:~1~~ _ - - - - - ~ ~ ; - - ~a.~ S S- x ~'~5n #-~~v~~'~'{ . ~ . ` ~ `PY""°r~ ~~,y~`°_°'4~~~ _ _ ' ~V -