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OUE Olt CIAtS 'C INTAl18 ~ ENT OF T11~t
NAl P?.OPEitI~ S'1~23,952
PURSUANT TO CFIAPTER 11•1 ~"A"CTS OF lyN. ~r~
LOAN NO. q~~ CIRqJ R06ER IOf1p~ • . .
~ R u~c~ ao~ w~, 254665
FLORIDA MORTGAGE
THIS INDSNTURB, made this 15th. day ot MAy . A• ~9 73
by and between ~IC~ ~ ~R~~~
o[ the Countr oE St. LLtCf@ , in the State o[ Fbrida l~tortaagor. and hereinafter so designated and McCAUGHAN
MORTGAGE COMPANY, INC.. a corpontion of the State oE Florida, having its principal ofGce in the City o[ Coral Gabla,
State ot Fbrida. Mortgagee. aad hereinaiter ~o daigaated:
WHEREAS the uid Mortgagor is justlp iadebted to the said Mortgagee in the principal :um of
'l~tTY SIGHT THOUSAAID NINS HqAIDR~ l1I~ID NO/100--------------- Dollazs,
as evidenced br a certaia prounissoq aote of even date herewit6, the tinal payment o! which is due on p~pber 1 ~ ZQ02
executed by the Mortgagor .
and delivered to the Mortgagee. copy of which ia attached hereto and made a part hereof.
" F1XED MONTHLY PAYMENT N07E ~
~ 23,900.OQ Fbrt Pierce Florid Mag 15 ~ lg 73
, S
For value received, the undersigned jointlr and severally poumise to pay to the oTder of MtCAUGHAN I?iORTGAGE
COMPAh'Y, Il~'C., a Florida corpontion, the principal sum of `~~T~ ~GHT TF:OUSAI`II? NINE H[JNT~RE'D DoUan
~S 28,900.Q0 ;nterest the~eoa fmm date, payable awnthly at the rate of eight pu
per annum; the interest and principai of this note payable ia instalmenb as follow~:
Begianing on the 1St. day o! i`ovember 19 73 the sum of 5213.86 Dollart.
and the same amount on the same day of each month thereaEter uatil the lst. day of October ~ 2002
when the bzlance of the principal is due and payable.
The aforesaid monthly payments are to be applied Grst to interat at the rate aforaaid due tuonthly upon the principal ~um
or so much thereoE as shal! from time to time remain unpaid, and the balance oE each moathly psyment shaU be applied oa account
of princigal. ,
Atl instalments of interat and principal are payable at the office of the payee in the Citp of Corsl Gabin. Florida, or .
at such other place as the holder hereoE may designate in writing, ia law[ul monep of the United Stata of America. IE any
of said inscalmenu oE interat and principal shall not be paid when due then the eatire principal sum and acuued interest shaU
become due and payable at once, at the option of the legal holdet of this aota
Eacfi :nakcr and endorser waiva the right of exemption under the Cotutitatioa and laws oE Florida, and each mak~s and
endorser ~r•ai~-es demand, protest and notice of maturity, non-paymeat or protnt and all requiremenn necesury fo hold eactt oE
them liable as makvs and endorsen.
It ia further agreed that each maker and endorser, joindy and teverally. ~haU pny all eost~ of colleetion, Including a rea~on-
! able atterney's fce, on failure to pay the principal of tbis note or anr interat thereon At maturity. Thia aote and all suca.~ due
~ thereunder snall bear iaterat at the t~u of ten (10) pec eept per annwa from due date tultil paid.
~ It is fenner a3rerd that each- maker and endocser joindy and sevemUy henb~ eonseat to any eacten~ion~ or reaewalz or
' modificacions of chis note or anr part the~rof withouc notice. and each maku and endoraee agree~ tkat h~ wiU remaia linble as
sach during any ~titensiun or renerval or modification hereof unW the debt repraented heteb~+ i~ IuUy paid.
. ~
• r~~Y "
i
; This note is secured by mortgase upon real properep in ct~r,,..;o rv,,,.,~, , Fiodda. aad t!w note t~ to
i be comtrued acrnrding to the law~ of Florida. Af9ERIC1'1N HCk~lES AND !~RZ~C~1iGE~ INC.
f •
~
~ ~5~~ /s/ .Flilliam Anderson
i Wi zam . Anderson
,
~gp,~y~ /s/ Verna L. Anderson (S~,)
Verna L. erson -
M~? 93orro~~r~~ r?ay prepay the ::!ortgage in whole or in nart in the following manner and
under t'~e =o? ? ~~+i;~g conditions : 2$ first 4 years, 1$ thereafter. All are based on the
original ar.~-:::i oE the mortgag~.
~ NOW TNIS INDENTURE WIT'NESSETH, that the said Mongagor, to better secun tne paymen~ oc cne pnnci~ sw.~
~ set out in said promissory note, and interat thermn, and it~ consideration thereof, and for other valuable considerations, has
granted, bargained and sold and by thae praents does grant, bargain and sell to said Mongagee and W its successon and assigns
~ forrver, all that certain parcel or piece of land lying wd being in the County ot St. LL~Cl@ and State of
~ Florida, mon particularly dacribed as:
~
; IAt 28, Block 48, IAREWOpp pAItIC, UNIT N0. 5, according to the Plat thereof
~ as reo~rded in Plat Book 11, page 5 of the Public Reoords of St. Lucie Dounty,
a Florida.
~
~ STATE S~MPS AF'FIXID Z~O Tf~ ORIGINAL NO'18 AND C'?~t~TCffi,I~.
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