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HomeMy WebLinkAbout2002 ~ S~-24,Rt5 tIS~ ~ \N ~ paOPERi`I. 3 LOAN NO. RECE~~c~~8 ~PE~s ~ 1g11~ _ ~ ~ ~ t ~o ~,Fa ~ ~ 25~49$ ~ ~~~q~uat. st. uuc,+~ °o" . cu~ FLORIDA MORTGAGE . , THIS INDEIVTURE. made this 22nc~ . day of ~~2ne , A. D. 19 73 by and between gpRgRT A~ J~INII~'GS and 3AR.9A.4A A. JL~:`I:IIICCS, his ~•i~~e of the Couaty of St • LU^ie , in the SWte o[ Florida Mortgagor~ and hereinafter so designated and McCAUCHAN MORTGACE COMPANY, INC.. a corporation oE the State of Florida, having ib principal otGce in the City of Coral Gabla. State of Fbrida, Mortgagee, and hereinatter w daianated: WHEREAS the iaid Mortaagor is justly indebted to t6e said Mortgagee in the principal sum o[ T+i't.,^~`TY FIVS THOUSAIVD $IX NWi DRI31 ALdD NO/100-----------------------------------Dolla~s, u evidenced by a certaia promi~wry noce of even date herewith, the [inal payment of which is due on J~l~y 1 t~C 2Q02 cxecuted bp the Mortgagor and deGvered to the Mortgagee. copy of which u atWched hereto and made a pan hereof. FIXED MONTHIY PAYMENT NOTE s ~~6~•~ Florida, ~ 19 ~ For value received, the undenigned joindy and severaUp ptomise to to the order of McCAUGHAN MORTGAGE COMPANY, INC., a Florida corpoation, the princSpal sum of ~ Dollars ~~6~•~ with interut thereon tmm date, payable monthl at the nte df ~ 7 Au ca?t. per annum; the interat aad principal of this note payable in instalments as folbws: ? Beginning on the day of ~ L9 » the sum of •3~~u Dollan, 1/!. and the same amount on the same day of cach month thereafter uaW the day of when the balaace of the principal is due and payabk. T6e aforesaid monthly paymenu are to be applied first to interest at the rate aforaaid due monthly upon the p~incipal sum or so much thereof as shall Irom Ume to time remain unpaid, and the balance of each awathty payment sha11 be appGed an aceount of principal. All instatmenb of interat and principa! are payable at the ofrce of t!?e payee in the Ciqr of Coral Gables, Florida, or at such other place as the holder hereof may daignate in writing, in lawful money of the United Stata of America. If any of said instalments of interat and principal shall not be paid when due then t6e ent'ue principa) sum and accrued interat il?all become due and payable at once, at the opdoa of the kgal holder oi this nota Each maker and endorstr waivd the right of exemption under the Constitution and lavv~ of Florida, and each maker and endoner waiva demand, protat and aotice oE maturity, mn-paymeat or protat and all requiremenb necessary to hotd euh of tLem liable as maken and . endonen. It is further agreed that wch maker and endorser, jointlr and sevenlly, shall pa7r all cosu of collection, including a reason- aWt attorney's fee, on [ailure to par the principal ot this note or any interat thereon at matwiq. This note and all sums due thereunder shaU bear intemt at t6e rate of ten (10) per cenL per annum [rom due date until paid. It is (urther agrted that ~h maker and endorxr joindr and severaily hereb~ consent w any extensions or renewah or modifications of this note or a: - irt thereQf without notice, and each maker and endoner agrees that he will remain liable as suc6 during any extension or nncwal or modifiutioa 6ereof until the debt represeated 6ereby is fully paid. Privilege is gi~en to prepay in full after one year from the date oE the mortgage upon payment o( a sum equal ta 3rye during the 2nd year; 2%z7c during the 3Ld year; 2~/o during the 4t6 year; 1%=9'o during the 5th year; lrln during 6th year to maturiry. Alt are baud on the originat amount ot the mortgage_ ~ Thi.+ note is secured ~ ~ by mortgage upon real property in Fbrida, and this note is to be conswed acoording to t6e laws of Florida. (S~) /r? ~t A. ~i111111~11~ - (Sr.wt.) ~11~Z0/~ (S~wt.) M-~23 B ' a +F 1~OW THIS IIV'DE:\'Tl,'RE WITNESSETH, that the said Mortgagor, to bettu secure the payment of the principal sum t set out in said promissory note, and interat thereoa, and in consideration thercof, and for other valuable comiderations, has granted, bargained and sold and by thae praents doa grant, bargain and ull to said Mortgagee and to its succ~ssors and assigns forever, all that certain parcel or piece of land lying and being in the (:ounty oE St. L`1^iA and State of Fbrida, more particularfy described u: ~ Zr~t 1 S, 32o^!c ].4, P.IVER PA.~It, U:IIT Tr~'O, ar~rc'fn~ t^ *!~P ~.la* ~ re^oz~~a ti•p?•n~~ in Ptat ncok 10, page 72 0~ the P~h:ic Reccrd~ ~ St. Lucie Cour.t~~, Flcric'a `>~1^.Z JCC;[P.•~:'ITA.°.'~ $~.~PS RFF~Y.E~ Ta Tf-~ ~I2TCI*d~1Z, ~'.C'IE At~ CA`_~^FT.T.irs] r e _ ~ 7~}!18 lNSTP.UMEMT v~-•~r,s?FD UYc ~ a ter g ABSTRACT E, TI:LE CORP. OF FLA ~ p ~ 3t08 8. 2ND ST, FORT PIERCE, FLORIDq pGC'Eiv~~ IAC[~VCJ(d ! 99 . . t _ . - - . ~ ~ . 7r _._~u- ~ . . '~`4... -;i-sr.~~