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Tf[ts I~DE`TURE, made chis 23rd. ~ay of January p_ ~g 73
by and between pp~,~S p~MN~pNS arld ANN H. AMt+lONS~ his wife
uf the County of St. Li1C1E , in the State oi Florida \tortgagor, and hereinafter so dcsiqnatal a~d ~irC:\L'C}{,~~
\fORTCACE CO~iPA\ti', I\C., a corporatiun of the State of Ftorida, ha~•ing its princip~t o[fice in the Cit}• of Cor.+l Gablcs,
St:?te of Florida, 111o~tgagee, and hereinafter so deseg~atcd:
WfIEREAS thr said Mortgagor is justly irtdebtecl to the s:ud ~furtqagee in thc principal swn of
'1WEI~?!'Y 1l~REE THOUSAND ZWO HUNDRED AND NO/100---------------------------------- Doll.~rs. '
as evidenced by a cenain promissory note o! e~•en date herewith, the fin:il payment of which is due on February 1 ~9 98,
ececuted by the Mortgagor
and deli~•~red to the ;~lortgagce, copy of which is attached hereto ,,nd macir a part l~rrcof.
F1XED MONTHLY PAYMENT NOTE
~ 23,200.00 Fbrt Pierce
Florida, Janua 23 19 73
For value received, t6e undenigned jointly and sevenlly p~omise to pay to the order of McCAUGHAN MORTCAGE
C0111Pr4'1TY, INC., a Florida corpontion, tbe prindpal sum of~~TY `~R~ THOUSAND T~dp gUNpI2ED ~
(s 23.200.00 ~tere:t therean fmm date, payable monthly at the rate of _ eiq~
pec annum; the interest and principal of thu note payable in insulments as followa: per cent
lst. ~
Beginning on tbe day of March 19 73 ~e sum of `~178.07
and the same amount on the same day of each month thereafter uAtil t6e 1St. day of -_~bruary 91g ~ ~
when the batance of the principa! is due and payabla , 19______,
The aforesaid monthly payments are to be app~ied ~rst to interest at the rate aforesaid due monthly upon the principal sum
or so much thereof as s6all from time to time remain unpaid, a~d t6e balance of each monthly payment shatl be applied on account
of principal.
All instalments o[ interest and principal are payable at the office oE the payee in the City of Coral Gabla, Florida, or
at such other ptace as the holder hereol may daignate in writing, ;n lawful money of the United States of Ametica. I[ any
of said instalments of interat and principal shall not be paid w6en due then the entise principal sum and accrued interest shaU
become due and payable at once, at thc option of thc legal holder of this note.
Each maker and endorser waives the right of eacemption under the Constitution and Iaws of Florida, a~d each maker and
endorser waiva demand. protat and notice of maturiry, non•paymeat or protest and aU requiremrnts neceuary to hold each of
them Gable as makrn aad endorsen_
It is further agreed that each maker and endorxr, joindy and severally~ shall par all costs of collection, including a reaaon- ~i
abte attorney's Eee, on failure to pay the prinsipal oE this note or aay interat thereon at maturity. This note and all sums due
thereunder shall bear intuat at the pte of ten (10) per cent per annum (rom due date eatil paid.
It is further a3Reed that each• mnker and endorser joindr and sevenllr hereby consent to any extensian~ or renewais or
modi~cations of this note ar anr part thereof without notice, and each maker and endoner agrtes that he will remain liable as ~
such during any eacteasioa or rmewat or modification 6ereof unti! the debt represented henby is [ully paid, i
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This note is secured bp mortSaB~ uPpn real propertr in _.St_ T~~rio Qo mt- ~
be construed urnrding to tbe laws of Fbrida, 3'----, Florida, and this note u to
~S~) ~ u~ slas nmmons (S~.) _
9 .
~5~~ /s/ Ann H. An~ns ~ ;
**Borrowers may ~repay the mortgage in whole ar ~'?n H- A~nons ~5~,'I'~ ;
M-~=~e in part in the follo:~ing manner and under the following conditions: 28 first 4 ~ ~
years and 1$ thereafter. All are based on the principal amount of mortgage
\O~~' TIIIS I~DE`TGRE ~VIT\ESSF.TH, thzt the ssid ~tortcaqor. to better secure the p~y-ment of the principal swn
sct out in saici promiswry ~~oir, anu ii~fc.-~si .::r:~a.^., eor:<,.1,.~,r;.,n [F~rrr`~f, ;in~i for ~thcr ~•sluablc eonsidcrations, has
~r.intcd, b.~rKa:ncd and sold and by thcse presents does grznt. b_irgain ~nd sell to said ~Tortg~gce and to its successors and assi~ns
f~rc~~cr, atl th.u ccrt~in psrcel or piccc of land lping and bcing in thc County- of St, L11C1@ and Statc of "
Flurida, rnwc particularl~ dcscribcd as:
Lot 20, Block 74, IAIC~~niC10D PARK, UNIT NO. 7, according to the plat recorded
thereof in Plat Book 11, page 13 of the Public Reoords of St. Lucie County, -
Florida .
STATE DOCUMENTARY STAMPS AFFIXED TO ~iE ORIGINAL ~tOTE AND CANCELLED
THIe IN3TRUMENT PREPA~iED BY: ~a1 tf-'r E~ i1~V1S
ABSTRACT & TIT~E CORP. OF FLA.
205 S. 2ND 5T. FORT F~•ERCE. FLORIDA
g~R' 210 N~,~, 2324
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