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RECEIyEp i T- 4, 7 3 A ~
IN PAI~Ml11~ pF 1~
DUE OM CIASS'C' IIITMIg~~ ~FRtONAL p~ppEp~~
P1IRSIAANT TO f~i11ITfR 71•13t. AClS OF 19)l.
~.o~~. ho. r~os~ rorrrut 25835c
~ERU CIRCUIT OpUpT. Sf. IUCIE 00., Ft/l V
FLORIDA MORTGAGE
TFIIS IirDEiVTURE, made this 14th. day of Jtl'le • A• D~ 19 73
by and becween JOSEgH E. '~+lIISO'V and DQROTF!Y A. WILSON, ''.is wife
of the County of St. LuCiP , in the State o[ Florida Mortgagor, and hercinafter so designatnf and I~icCAUC1~:11
AtORTGACE CO~iPANY, li~1C., a corporation of the Statc oE Florida, having iu principal otfice in the City of Coral Cables,
State of Florida, 1liortgagee, and herrinafter so designated:
WHEREAS thr said riortgagor is justly indebted to the said riortgagee in the principal sum o[
`I~'I~TTY FIVE THOU.SAND FIVE 2?iJNDRF~ AND \'O,/100----------------------------------DoUan,
as evidenced by a certain promissory note of cern date herewith, the final payment o( which is due on Jvne 1 ~~at 2~Q2
~xecuted 5y the Mortgagor
FIXED MONTHLY PAYMENT NOTE
~ 4~'_r~., ll.J ~~t ~~~rC~ Florids, 3,~~~ ~1 ~ ~9 /Z
For value received, the undersigned jointly and sevenlly pcomise to pay to the orde~ of McCAUGHAN k10RTGAGE
CO~fPA~Y, I\C., a Florida corporation, the principai sum of Z'~~ FI~'l~ Tf'OQS''1L:D ~I~r`T' HiJ!`'~~'~ Dollars
2~ •~~7 • with int~rest thereon from date, payable monthly at the rate of `=~`-~j't per cent.
per annum; the intezest and principal of thu note payable in instalmenu as follows: s
Beginning on the lst. day of J~'-~v 19 73 the sum of $~~g•7n Dollan, !
artd the same amount on the same day of each month therea[ter until the lst, day of ~~t-"'-" ~9 ~~~2 ~
when tF.e balance of the principal is due and payable. '
The aforesaid monthly payments are to be app!ied fint to interat at the rate aforesaid due monthly upon the principal sum
or so much th~rcof as shalt irom time to time rrmain unpaid, and the batance of each monthly pa~ment shall be applied on account
of principal.
All instalments of interat and principal are payable at the of~ce of the payee in the City of Coral Gables, Florida, or
at such other place as the holder hereof may designate in writing, in lawful rnoney of the United States of America. If any
of sai.i instalments ui interest and principat shall not be paid when due then the entire principal sum and accrucd iaterest shall
becomt due and payable at once, at the option of the legal holder oE this note.
Each maker and endorser waiva the right of exemption under the Constitution and la~vs of Florida, and each maker and
endorser waives demand, protest and aotice of maturity, non-payment or protest and ali requiremtnts necessary to hold each of
them liable as makers and endorsers.
E It is turther agreed that each maker and endorser, joindy and severally, shall pay all tosts of collection, including a nason-
f able attoraey's fee, on failure to pay the principal of this note or any interat thereon at maturity. 'Thu nole and all sums due
thereunder shalt bear interat at the ~te of ten (10) per cent per annum from due date until paid.
~ It is further agreed that each- maker and endorser jointly and severaUy hereby consent to any extensions or renewals or
modifications of this note or any part thereof without notice, and each maker and endorser agrees that he wiU remain liable as
~ such during any extension or reaewal or modification hueof undl the debt represented hereby is fuUy paid_ ,
~ ~f}:S.{'_~v'r~'r'v.'~<fi3{
'~'ir.en~Z+d •t~¢!~)C ROd}{3~C =
~ Yt?r?r.d~.yr.,~r2-Y~~~~ia. : „ .X.~?'1'du'-`.:`~~.~`~'~.~lk~` E?`~`~~{ ;
~ tiic'~ L'~c~ a~~i~33: #
~ St . Lacie Cour?tv
i Z'iiu note iz secured by mortgage upon real pmpett~ in Florida, and this note is to #
` ~ be construed accordidg to the laws of Flonda. `
~ ~ ' T....F,..~_ r.~. ,
~ (SEU.) (SE~?r..) ~ ~
~ Joae~. . t•IZ son ~
~
.
~SEAL~ ^,.~,f'_" l.. ~SEAL~ > ~
Dorothy A . t~Ti.ls~n -
•`M~)23'~ ~o'-"=o.~"r nay prepav the r.~rtgage in whole or in ~part ?n the foZlow.ng ~anaer
p and i2r.der th~ fo12o~-~ing conditions: 2~ first 4~•ears and 1~ thereaFter. 111I are ~
~ ba_sed on t~:P original ano+~:~t o` t~e mrtgage.
~ NOW THIS I~iDE~iTliRE ~YI'TNESSETH, that the said Mortgagor, to better s~c-u~e the pa}ment oi the principal sum
set out in said promissory note, and interest thereon, and in consideration thereof, and for other valuable considerat~ons, has ;
granted, bargained and sold and by thae presents does grant, bargain and sell to said I1lortgagee and to its succeuon and assigns +
forever, all that certain parcel or piece of land lying and bei~g in the County of St. Li7C2P and State of
- Florida, more particularly described as:
Lot BL^^v 1~C~, IAKP:~JOOD PARK, tJ*'IT '_d0. accord~nn to tr~
nLat recor~eci t':ereof in Plat Book 11, ~ag~s 2FA and 25P of the
- F~~Z~ c Recor~'s of St. I,ucie Crn~nt_~. ?loriCa.
~
= STATE DCY'L^TM'~TARY STF~~!PS ~'~'I7~J 'PO 'I'TIE CRIGI';AL *'OTE A*'.D r'-ANCE'.I,ED
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