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HomeMy WebLinkAbout1391 ST-22.885 :t~ElVED ~ 1N lAY~IEht Of TIU(ES N[ ON Cil1SS'C INTAh81111E PE~OUAL PROVERIY. i.0A1 :~0. PURStiANT TO GIAP~R~7PWtWliCTS OF 19)1.~, ~ 248~,s2 CtEJS( CtwGtlT OOURT, ST. tl~IICIE 0p` il/~ ' . ~ FLORIDA MORTGI~GE ~ z THIS I\DE\"fURF, made this 21St. daY ~j February 19 73 ~ . by and betwcen AMERICAN HOM~S AND I~RTC,AGE~ INC. of the County of St. Iucie , in the Stato o! Florida 1ltortgagor, and her~i~after so designatccl ~nd 41rCAUCH:~\ ; \tORTGAC£ COAtPA\Y, INC., a corporation of the State of Florida, hsvi~g +u principal o(fice in the Gity o[ Coral Cables, + State o( Fbrida, I~tor:gagec. and hereinafter so daignatecl: ~ ~1}~ERF.AS the said ~lortgagor is justly indebtcd tu the s:iid 11io:tgagee in the principal sum of j~R'1'Y ONE 'j'HO(ISAND ~ FOUR HUNDRED AND Iv'O/100----------------------~------------------------------- ' - DoUars, as evidenced by a certaee pmmissory note oE e~•en date her~with, the tinal payment of which is due or~ AUgl1St 1 ?t4 20p2 eccti:uted by the 1liongagor . and deli~•ered to the Moregagee, copy of which is attached herrto and ~nade a~vrt hereof. FIXED MQNTHLY PAYMENT NOTE ~ 41,400.00 Fbrt Pierce Florida. Februarv 21 ~g 73 . For value received, the undecsigned joindr and srnraUy pmmise to par ta the order of bfcCAUGHAl~i MORTCAGE COMPAIVY, lI~C., a Florida oorporadon, the principal sum of Oh'E THOUSAPID FUUR HUND4ED----- ~u~ 41.400.00 ~terest thereon from date, payable monthiy at the rate of eight per annum; the interat and priacipal oE this note payable in insulmenu u Eollows: Beginning on the lst. daY ~ September lg ,73 s~ ~ $306.34 and the samc amount on the same day of each monch thereaEter until the ~-St- day of Auqust ,}g'c 2002 , whea the balaace of the principal is due and pa~able. - The aforeaaid monthly payments are t~ be applied first to inte~est at the rate aforesaid due monthty upon the principal siua or so much thereof as shall fmrn time to time remain unpaid, and the bal3nce of each monthly pa~nnent shall be applied on account of priacipal. All instalmcnu o[ interat and principal ue payable at the otfice of the paYee in the Cit~ of Coral Gabla, Florida, or at such othec place as the holder hereot may daignate in ~vriting. in lawful money of the United Stata oE America. If any of said instalments of interat and principal shsl! not be paid when due then the entire priacipai sum and acuued interest shaU bccome duc and payable at o~ce~ at the option oE the legal holder of this nota Each ma~er and endorser waives the right of ezemption under the Cotutitution and laws of Florida, aad each maker and , endorser waiva demand, protat and notice of auturiqr, non-payinent or protat aad all requinments necessary to hold exh ot ; them liable as maken and ondorsers: ~ 'I It is further agreed that each mater and endorser. joiatlr and severally. shall pay aU costs of collection, including a reason- ~ able attomey s fee. on Eailure w pay the principal of this note or any intuat thereoa at maturity. Thu note and :ll sums due ! thereundec shall bear interat at the ~ate of ten (10) per cen~ per annum from due date until paid. ` It u further agreed that each~ maker and endorser jointly and sevenUr hereby consent to any excuuions or renewals or moditicatians of this note or any pact thereof without notice, and each maker a~ endorser ag~ea that he wiU remain liable u such during any extension or rene~bal or modifiution hereof until the debt r=presmted hereby is full~ paid. < ~ r~. . . S~ . 'I'his note is secured by mortgage upon real pmpertp in St. LuCie _ _ Florida, and this note is to be oonstrued according to the laws oE Fbzida. AMERICAN HOMES AND t~IORTGAG~, Ii~. ' ~g~,~ /s/ William A Anderson (SEwt.) ` William A. Anderson ! ~ ~s~~ /s/ Verna L. Anderson ~5~~ n erson ~ **Borro~.~er may prepay the mortgage in whole or in part in~the following a~anner and ~ ~tYr18~r the following c:onditions; 2$ first 4 years; 1$ thereafter. All are based on ; the original amount of the mortgage. ~ i - ~ XO«' TNIS I~DE\'TURE WITtiESSETH, that the said Aiortgagor, to better securc the Ra~ment of the principal ~um ~ ~ set out ~n said promissory• note, and intercst thereon, and in consideration the~~of, and for uther ~•aluabk considerations, has i granted, bargained ar:d sold and b? these presents dots grant, bazgain and sell to said Mortgagee and to its s~ccessors and auigns { ; fure~-er, all that certain parcel or piece of land iying and being in the County ot St. .*w1C1@ and State o( ~ ~ Florida, more particularlp dexribed as= ~ A i a f ? Lot 4, Block 40, I~?KEWOOD PARK, UNIT NO. 5, accord:ng to the plat recaorded $ thereof in Plat Book 11, page 5 of the Public Records of St. Lucie O~unty, ' ~ ~ Florida, f ~ ~ ~ STATE DOCL~IENTP?RY STAMPS AFFIXED Zn T41E ORIGINAL NOTE AND CANCELLED ~ ~ ~ ~ TMia lNSTRUMENT PREPAttED ev_ G+lalter E. Davis ~ ABSTRACT & TITLE COR?. OF FLA. 20d S. 2ND ST. FORT PIERCE. FLORIDA ~ R 211 CE1391 ~ 80GK PA - ~ ~ -i 9 - _ _ . . - - : y - x ,r._,H` . . z'.^, : _ ~ j~ - _ "