HomeMy WebLinkAbout1407 5'
ST-22,884 `
l.O:lti \O. R~YIVED ~--=~~~F~ IN MYMENT OF UX6S.
itlE ON CIASS 'C INTAN6161E rEN i.i.aAL Pf~OPE4lY. p~
PURSU~IiT i0 CIIAP'F~t 11•134. AC1S OF I~IZ. 5~
A06ER f011RAS ~!t
CtEI~( Clliplli OOIM~. ST. WCiE OQ. tU~ i
~LORIDA MORTGAGE `
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T1itS I\DE\1T(,TRE, made this 21St. day of Ffbrildly , A. D. 19 73 #
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by and bctween ~ERICAN HpNJES phD A'DIrI~GAGE ~ INC. ~
ot thc County of St. LZl"1@ , i~ the State o[ Fbrida \tortgagor, and hereinafter so dcsignateJ and AtcCAUGH:~\
\iORTC~GE C0111PA\Y, 1\C., a corporation of the 5tate of Florida, h~ving its principal office in the City o( Gorsl Cables, ~
Statc of Plorida, Mortgagee. and hereinafter so daignated:
\VHERE.4S thr said riottgagor is ja~tly indebted to the said !~tortgagee iu the princi{~1 sum of ~~'Y'Y ZliREE
THOiJ.SAND '!WO Ht1NDRID AND NQ/100--------------•------------ Dollars,
as evidenced br a certain promissory note o[ even date herewith, the (inal paymer?t of which is due on ~11cli1St 1 ~ 2pA2
executcd by the Mortgagor
and delivered to the I?iortgagee. copy of which is attachcd hcreto and made a-part hereoF.
FIXED NIONTHLY PAYINENT NOTE
; 23,200.00 r^brt Pierce Florida. ~bruary 21 t9 73
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For value received. the undersigned jointly and severally ptoanise to pay to the arder oE :~icCAUCH.4N MORTGAGE
COl?(PA~7C, II~C., a Florida corporat:on, the principal sum of ~l~"~ ~~E THOUSAND 'L:•T'O HLNDRED ~~(an
23,200.00 with inttrest thereon (wm date, payable monthly at the ratt oE eiqht per cent.
psr annum; tf~e intcruc and principal of this note payablt in instalmenu as follows: ; w
B~ginning on the lst. a3~" of S~$~'emb~r , 19 73 the sum oE ~271~67 Doi~1n. I
and the same amount on the same day o[ cach month thercafter until the lst. daY Auqust 2002 ,
whea the balance of the principsl is due and pa~able.
The afozcsaid monthly payments are to be applied Gnt to interest at tLe rate aforesaid due monthly upon the principa? sum
or so much thereof as shall from time to tim~ remaea uapaid, and the balance o[ each monthly pa~ment shall be applied en account
of p:incipal.
~ll _ instalments o[ interest and pzir.cinal are payable at the offce o[ the payee in the City oE Coral Gables. Florida, or
at such o!her place as the holder herr~: r.i~y designate in writing, in lawtul money of tl:e United States of America. If any ~
o[ s3id instalments of interest aad printipal shall not bt paid when due then the entire principal sum and acc~ued interest shall ~
become due and papable at oace. at ehe opiion of the legal holdu of this nota _ i
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Each ma!cer and endorszr wai~es thr right of exemption under the Constitution and la~vs of Florida, and each maker and ~
eadorser wai.•es ~~mand. protat and notice of maturity, non-papment or protat and aU requirements necess3ry to hold each of
them liable as tnakecs and endorsecs_ ~
It u iurther agreed that each mater and endonet. joindy and secerally. shall pay all eosts of collection, induding a reason- ~
~ able attorn-y's fee, on [ailure to pay the printipal of this note or any iaterest the~eon at maturity. This note and all sums due 4
( thereunder shal! LYar internt at the ~ate of ten (1~) per cent per annum from due date until paid. i
It is further agreed that each mal~er and endorser joindy and severallr herebp tonsent to any extensiotes cr renewals or
modifications of thu note or any part the~co[ v?-ithout notice, aad each maker and endorser ag:ees that he will remzin liable as ~
such during any e~ctension or renevral or modifiution hereoE until the dcbt represeated hueby is fully paid.
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~ This note is secured br mortgaSe upon real propetty in S~. Lt1Cle oDIIrity ~ Florida. and this note is to
be eonstrued acrnrd'eng to the lavn_ oE Florida. At~ERICI~IN IiO,~+IES AND MOI2ZC'~AGE, INC.
~5~~ /s/ william A. Anderson ~gE„r,~
:li? liam A. I~nderson
a
(Srr+L) /s~ Verna L. Anderson ~S~?L~ '
Verna L. Anderson E
**aor~ror:er :~ay nrepay the rortgago in whole or in part in tne following manner and ;
M- l3
un~er tre ioZloaing conditions; 2~ tirst 4 years; 1$ thereaiter. Al1 are based on
the original araount of the raortgage.
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\Ol1' TNIS ItiDE\TURE WIT~iESSETH, that the said ~tortgaqor, to bett~r srcure the payment ot the pnr.c~pa~ sum a
set out in said pcomissory not~, and interest thereon, and in consideration ttereof, and for other ~•aluable considerations, has
g granted, bargained and sold and by these presenu does gtant, bargain and scll to said Aiortgagee and to its wccusors and auigns
~ fore~•er. a11 that certain ~.arcel or piece oE land lying and being in the C:ounty of St . LUCle and State of
~ Florida, morc particularly described as:
Lot 3, Block 82, IAK~ntOOD PARK, N0. 7, acoording to the plat recorded thereof ~
K in Plat Sook 11, Fage 13 of th~ Public Records of St. Lucie O~urity, Florida. - r
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~ STATE DOCt1I~lEPFPARY STAMPS AFFI}CII) TO 24iE ORIGINAL NOTE AND CANCELLED -
~ ~
Walter E. Davis
TH18 INBTRUM~tlT PREPARE~ BY=
ABSTRACT & TITLE CORP. OF FLA.
~ 205 5. 2N0 6'T. FORT PIEFiGE. FLORIDA _
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