HomeMy WebLinkAbout0053 Rla1VlD ~.-,iL-°
= _ IM PA~HENT OF TAI~q ST-24, 516
DUE ON CU1SS 'C INTANGIBIE ?E •'l Vt!0?ERIY~
Pl1RSlWIT TO CFIM:f" 71•131. ACiS Of ly/l.~r~
LOAN NO. RpGfJt p~TpAS ~
CIFRK Cl~6UIT 00lMCi, ST. LUCIE 00~ ftl~ ~S~j ~
FLORIDA M~RTGAGE
THIS INDENTURE, made thu 5~. day of Jtine p, p. ~g 73
by and between JOHN J. BUFIS and Bi~?RBARR P. 8UFI5, his wife ,
of the County of St. I~ucie , in t6e State ot Fbrida Mortgagor, and heni~after so daig~?ated and McCAUGHAN
MORTGAGE COMPANY. INC., a corporation o[ the State of Florida, having en principal of(ice in the City of Coral Gabla,
State ot Florida, Mortgagee, and heninaEtes so daignated:
WNEREAS the said Mortsagor is jusdy indebted to the said Mortgagee in the principal sum of
1'HII:'1'Y SIX Tf~O~'sAPID AND NO/100------------------------------------------------ Doltars,
as evidenced by a cenain promissory note of even date herewit6, the tinal payment of which is due on ~ung j ~ 20G2
eaecuted by the Mortgagor ~
and delivered to the Mottgagee, copy oE which u attached hereto and mnde a part hereot.
FIXED MONTHLY PAYMENT NOTE
~ 36,Oq0.00 Fbrt Pierce F~ortda, r Ju:~e 5 ~ ig 73
For value received, t6e undenigaed joindr and sevenllY pcomi~e to pay to the order of Mc~~UGH.4N biORTCAGE
i C0111PAIYY, Il\'C., a Florida wrporation, the principal sum oE T~I~ SIY. TFiOUS~ID A23D Iv0!100-------~~
36,OOQ.OQ ti„i~ interest thereon Ecom date, payable monthty at t6e r~te of e~'g'1t per cent
psr annusn; the interest and prinupal of thu note payable ia irutalments as foilows: '
Besinning on the ~ day oE July , 19 73 the sum of S~~S-4d Dollan.
and thc same amount on the same day of each month thercafter untit the lst. day of June ~~~-On?_
when the balance oE the principal u due and payable. ,
The aforesaid monthly paymenu are to be applied ~nt to intere:t at the rate aforaaid due monthly upon the principal sum
or so much thermf as shall from time to time remain unpaid, and the balance of wch monthly pay~ncnt shall be appli~d on accouet
of principal.
all instalr.ients of interat and printipal are payable at the office of the payee in the City of Cora! Gabltt, Florida, or
at such other place as the holder heceo( may daignate in writing, in lawful money ot the United Statn of America. IE any
oE saed instalmcnts of interest and pcincipal shall not be Raid whea due then the entire prinupal sum and acerued interat shaU
become due and payable at oace, at the option of the Icgal holdu of this nota '
Each m~ker and cndorter waiva the right of exempcion under tbe CoTUtituti'on and laws of Florida, and wch maker and
eadorser waives demand, protnt and notice of macurity, non•payment oc protat and all requiremenu neceuary to hold each o[
them liable as maken and endonen.
It is further asreed that each maker and endorser, jointl~ and severailp. shall par al! oosb of collection~ including a reason-
able atto`rne,v s fee, on tailure to pay the principal of this rtote or an~ interat thveon at maturit~. This note and aU suau due
theteunder sha!! bear interat at the Gite oE ten (10) pe~ cmt per anoum from due date until paid.
It is furch-r agrced th~t each• maker and endorser jointly and aevenlly hereb~r consent to any extensions or renewals or
modifications oi t~:s note or anr part thereof without notice. and eac6 malcu and endoner agrea that he wiA remain liable as
such during a.zy extension or renerintl or modifiutioa hereof until the dtbt represented hereby ia fully paid.
~ Pri~•ilege :s gi~-en to prcpay in fuli after one year from t6e date of the mortqage upon paymenc of a sum equal ta 3 io during
; the 2nd year; 2%:~'o during the 3~d.ytar; 2~io during the 4th pear; 1%% during the 5th year; 1;~o during 6ch year to maturity. All
, aze baud on the or:ginal amouot of the mortgage.
Thu no~e u secwed by mort~age upon ~eal pmpertp in St . L'IC1e _ Florida, and this note is to
~be construed ~.:~:ding to the laws of Fbrida ~
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' ~S~~ /s/ John J. Bufis ~S~y~ ~
; o n . u ~.s
4 S~~ /s/ Barbara P. Bufis ~5~~
i ~ ~ Barbara P. Bufis
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w-~z3 e
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NOW THIS INDEIV°I'URE WITNESSETH, that the said Mortgagor, to better secure the papment of the principal sum
set out in said promissory note, and interest thereon, and in consideration thereof, and foe othcr valuable considerations, has
granted, bargained and sold and by thae presents does grant, bargain and sell to said Mortgagee and to its succcsson and assigns
(orcwcr, all that certain parcel or piece of land ~lying and being in the County oi St . Ll1C].P and State ot
Florida, more panicululy dacribed as:
.
Z4ie west 5 feet of Lot 17 and all of IAt 18, Block 20, LAIQ~JOOD PARK,
UAIIT .70. 3, acoording to the plat ther~of recorded in Plat Book 10
paqes 63 an~ 64 of the Ps~blic Record, of St. Lucie Ccvnty, Florida
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STATE ~OCTJt~.":T41RX STA.*:FS AF'F'TJ~ ZC T?iE ORIGI*~AL `IOTE A"7D r'.A^.'('~.r.~
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T}IIS INSTR~~MENT PREPARED Av~ Walter E. ~r3V1S
ABSTRACT Fi T1TLE C'~RP. OF FLA. a(!4~(215 PACE V~
. 20b S. 2ND ST. FORT P+ERGE. FLORtDA
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