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OIR OM ClAS3'C' IIIT11NG18LE tEkW'~JLL ?itOrER11,
1URSl~NT TO CF1Apjcn )1•13~. ll~'1S ~ 19/L JX~ .
LOAN NO. ~R r01111M ~ 2546b2
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FLORIDA MORTGAGE
THIS INDENTURS, raade ehis 14th. day of MAy , A. D. 19 73
by and between ~j~?p Hp~~.Q 11ND 1~RTGM'aS ~ INC.
ot the Countp of St. IA1C~@ , ia the State o[ Fbrida Mortgagor, and hereinatte~ w designated and McCAUGHAI~
MORTGAGE COMPANY. INC., a rnrpontion of the Swte of Florida. havina its principal o(fice in the City of Coral Gables.
State o( FMrida. Mongagee. and heninafter :o daignated: .
WHEREAS the uid Mortgagor is jwtty indebted to the said Mortgagee in the principal aum o[
'1WBi~1TY BIGHT '1'~~OUS~ZID NINS HUNDR'SD ]1ND NO/100---------------------------------Dollaa,
as evidenced by a certain promissory note o[ even date herewith, the final payment oi which is due on pCtOber 1 ~9C 2002
executed by tht Mortgagor
and delivered to the Mortgaaee, copy of which is attached hereto and made a part hereof. _
FIXfD MONTHLY PAYMENT NOTE
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s 28,900.00 P+ort Pierce Florida, May 14 19 73 '
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For value received, the undenisncd jointl~ and severally pmmix to pa~ to the order of McCAUGHA.*I biORTGAGE
i . R4~~iTY EIGAT Tfi0US1ND NINE HtJNDRF.D
CO~IPA.~JY, INC., a Florida corpondon, the principal sum of Dollan
28,900.00 ~,,nth interest thereon from date, payable monthly at the nte of eight
per annum; the interat and principal of this note payable ia instalmenu aa tollow~:
Beginning on the lst. day of NovembeY 19 73 the sum of $213.86
and the same amount on the same day of each month thereafter until the 1St. day of ~t°ber ~X 2002
whea the balsnce of the priacipal is due and payabla
The aforaaid monthlr payments are to be applied first to interat at the rate aforeaaid due monthly upon the priocipal ~um
or so much thereof at shall from time to time remain unpaid~ and the balance of each monthly payment shall be applied on account
of priacipaL
All instalments of interdt and principal are payable at the of~ce of tht payee in the City of Coral Cabla, Florida, or
at such other place as the holder hereof may designate in writing, in lawful moner of the United State~ of America. If any
of said instalments of interat and principal shall not be paid when due then the eatire principal sum and ucrued interest shall
become due and payable at once, at the optioa of the legal holder of thia nota
Each ma{cer and endorser waives the right of exemption under the Comtitution and lawa of Florida, and each maker and
mdorser waiva demand, pmtat aad notice of auturitr~ non-payment or protat and aU requ'uemrnq necessary to hold each oE
them liabie as maken and endorsen. _
It is further agreed that each ma]~er and mdorxr. jointly and severallr, aliaU par all cwq oE collecdon, including a rwaoa-
able attorney's fee, on failure to pay the priau of t~w note or anp intereat thereon at maturity. Thi+ note and all sum~ due
thereundv shall bear interrst at the rate oE tea ~10) per cmt per anaum from due date until paid.
It is further agteed that each• mal~er and endotxr jointly and ~everslly hereb~ coment to any e:tension~ or renewals o~
modifications of tha note or anr put thereof without nodce. and eacl~ mal~er and endorxr agrep that he will nmain liable as
**ruch duriag. anr extensioa or reneviral or modifiution hereof until the debt repraeated herebp is fully paid.
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'This note i~ secured b~ mort~ase upon ral propert~ ia St. Lucie aDtlttty Fbrida, and t6is note ia to
be construed ucording to the laws of Ftorida. AMBRICAN H~O~S AND MOR'1C'~AGE, LTC.
.
~ ~ ~5~~ /s/ Wflliam 7~. Anderson ~S~~
i iara .
~g~,~ /s/ Verna L. Anderson
Verna L. erson ~ ~
*~H~erxawer may prepay the mortgage in whole or in part in the followinq tnanner and ~
under the following oonditions; 2$ first 4 years ; 1$ thereafter. AlI are based on
the original am~unt of the mortgage.
NOW THIS INDENTURE WITNESSETH, that the said Mortgagor, to betta secure t6e payment of t!?e principal sum
set out in said promissory note, and interut thereon, and in consideration thereof, and for other valuable coasideratiom, has
granted, bargained and wld and by thae presenfs doa grant, bargain and sell to said Mortgagee and w its successon and assigns
forever, all that certain parcd or piece oE land lying and being in the Councy of St. I~teie and State of
~ Florida, more particulazly dacribed as: .
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IAt 18, Block 17, I~I~i00D PARIC, tJNIT N0. 3, acaording to the plat reoorded
thereof in Plat Book 10, page 63 of the Public Reoords of St. Iucie O~unty,
Florida.
ST~TB DOCZA~~IZg1RY STAMPS AF'FIX~ T~ T[~ ORIGINAL NO'18 At~ID CANCSW.~
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