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Home My WebLink About1708 . . ~i RECENED = 3 S = SZ~24.299 IN PAYMENT OF TA~(Fg ~ ~ C1ASS'C' INTANGIBIE PEP.Sp?iA~ p~ppERry~ Puas~urr To cw~rT~? ~i-~~. ~Crs OF 19~I. 25s364 LOAN NO. ~ER p~T~ rn CiRCUIT OOURT. ST. LUCIE 00, ~ FLORIDA MORTGAGE THIS INDENTURE, madc this 14th. day of MSy , A. D. 19 73 by and between J~ s~ ~W~S and ~„u„A I~?wiffiS, his wife of the County of St. Iueie ,~A the State o[ Fbrida Mortgagor, and hereinafter so designated and McCAUCHAN MORTGAGE COl?iPANY, INC.. a corpo~ation o[ the State of Ftorida, having its principal alfice in the Citr of Coral Gablcs, State of Fbrida, Moctgagee~ and heeeinafter w daignated: WHEREAS We uid Mortgagor iu jusdy iadebted to the said Mortgagee in the principal sum o( SSVBN'1'BSN TE~I)US11ND FIVB HUNDR~ 1?ND NO/I40----------------------------------- Dollan, as evidenced b~ a certaia pmmissory note of even date herewith, the final payment o[ which is due on May 1 X19c 2Q02 executed by the Mortgagor and delivcred to the Mortgagee~ copy of which is attached hereto and made a part heroof. FJXED MONTHLY PAYMENT NOTE ~ , S 17, 500.00 Fbrt Pierce Florida, tiay 14 ~ 19 73 ~ For value received, the undersigord joindp and sevenlly pcomise to pay to the order of McC~UGHAA' MORTGAGE COi1P~VY, INC., a Florida oorporation, thc priacipal sum of _ SE~1:-'.~~11'F•EN TE'.OU~*ID FIVE Pi*.INIDF2ED Dollan 17, 507.00 with inte~est thereon foom date, payable monthly at the rate of $ per cmG per aanum; the interest and principal of this note payable iu instalmenu as follows: Beginning on the lst. day of June 19 73 the sum of $129•5~ Dollars. and the same amount on the same day of each month thereafter until the lst. day oE r'aV ~gC 2Q02 w~en the balance oE the principal 'u due and payable. The atoresaid monthly payments are to be applied iirst to interest at the rate afomaid duc monthly upon the principal sum or so much chereof as shail trom time to time remain unpaid, and the balance of each monthly payment sball be applied on account of principsl. :~ll instalments of intemt and principal are payable at the o[~ce of the-payee in the City of Coral Gablu, Florida, or xt such othor place as the holder hereof may deiignate in writing, in tawful money of the United States of America. If anr oE said instnlrreents of intvest and principal shall not be paid when due then the entire principal sum and accrued inteiat shall b~come due and payable at once, at the option of the legal holder ot thu nota ~ Each maker and endorser waiva the right of exemption under the Constitution and laws of Florida, and each maker and endorser ~vaivea demand, protat and notice oi maturity, non-payment or protat and all requiroments necasary to hoid each of ther~ leable as malers and endorsen. It is funher agreed that each maker and endorser, joindy and severally~ shall pay all eosts of collectio~~ includin a reason- able attorney s:cc, on [ailure to pay the priacipal of thu note or anr interat thereon at maturity. T6u note and all sums due thereunder s6a12 bear intuat at the ~aite of ttn (10) per cent per annum jmm doe date uatil paid. It is further agreed that each- raa7~er and eadontr joindy and sevenlly herebr consent to any extensions or rwewals or mod~cations of ~kis note or anr part thereof without notice, and each maker and endorser agrea that he will remain liable as such during a:.r extcnsion or renewal or modification hereof until the debt repraented hereby is ~uUy paid. :cxx~~ ~ . , This r.~_- i~ :ecwed bp mortgz¢- c~r.t real propertr in St. L1Cl.e C7tlri~j , Flerida. and this note u to be construed a~co:~ing to the tawa ot Florida. ~ j ~g~y~ Js/ James S. Lawless (S~L1 a:~es , w ess (S~wi.) s/ ~ama E. Lawless (S~) II:~a . ,faw ess **~y~+owez -~a~r prepav ~:o ~ortgage in whole or in part in the fol~o~ing r~anner and under H.~2~ 8 th~ fc?1Zo:,•~^g ro:~~itio-:s: 2~ first 4 year and 1$ thereafter. AZ1 are based on principal amount of : xartgage. . NOW THIS INDENTURE WITNESSETH, t6at the said Mortgagor, to better ucure the payment of the principal sum set out in said promissory note, and interut thereon, and in consideration thereof, and for other valuable considerations, has granted, bargained and sold and by t6ese presents does grant, bargain and seU to said Mortgagee and to its succeuora and astigns forever, atl that certain parcel or piece of land lyiag and being in the County of St. LilC1E and SWte of Florida, more particulariy described as: Ttie East 80 feet of Lot 16, Block 20, IA1~ppD PARK, UNIT NO. 3, according to the plat as reoorded thereof in Plat Hook 10, page 63 of the public Reoords of St: Lucie dount~•, Florida ~ STATE DOC~RY ST~IMPS APEtZ]CED TO Tf~ ORIGINAL NO't'E AND CANCELL6D Bo~~234 ~~~E1707 ~ 99 . t I ::`J . _ _ ~ . . _ Y.. , _ 4 _ - Ge-: _ ~ a ~ w.e,.~ :.r,.~