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Home My WebLink About2745 ~ 260040 .~z~ -~~a~ LOAN NO. 2591~r~ FLORIDA MORTGAGE . TNIS INDBIVTURE, made thia 17~ day of July , A. D. 19 73~ by and betwern ~ggIC~ ~S AND l401YTGAGE~ INC. of the Countp of St. Lucie ~~n ~he State of Fb~da I1~ortaaaor, and hereina(tet so designated and McCAUCHAN MORTGAGB COMPAIYY, INC., a corporation ot the State o( Florida, baving its principal o(tice in the City of Coral Gabla. State of Florids. Mortgagee, aod he~einafter w desigaated: WHEREAS the said Mortaaaor is jmtty indebecd to ehe said Mortgagee in the principal ~um of ~~py pI~ THOUSAND TWO HUNDRED AND NO/100-------------------------------------------------Dollars, as evidenced by a certain promi~sory aote o[ even date henwith, the fina! pannent of which is due on J~~~ 1 ~ 2003 executed by the Mortgagor and deGvered to ehe Mort~agee, copy of wliic6 is attached hereto and made a part hereof. FIXED MONTHLY PAYMENT NOTE ~ ~t Florida, i7 ~ 19 ~ I For value received, the undersigncd jointly and severaUy promise to pay ta the order of McCAUGHAN MORTCAGE COMPANY, INC., a-Ftorida corporation, the principal sum of ~Y with interat thereoa from date, payable monthly at the rate ot ptr cent. - per annum; t e iaterat and priacipal of this nate payable in instalments as follows: Beginning on the x*~! day of ~ Ylwf~lr~~„ 19~._ the sum of _~i~~ Dollan, and the same amount on the same day of each month ther~after until t6e ~t day of #9~,~ when tht balance of the principal is due and payable. The aforesaid monthlr pa~menu are to be applied Crst to interest at the rate a(oresaid due monthly upon the principal sum or so much thereof as shall from time to time remain unpaid, and the balance of each monthly payment shaU be applied on account of principaL All instalmenu of interat and principal art payable at the ofGce oi the payee in the Citp of Coral Gablea, Florida, or at such other place as the holder hereof may designate in writing, in lawfu! money of the United $tates of America. If any of said instalmenu of interest and principal shall not be paid when due then the entire principal sum and accrued interest shall become due and payable at once, at the option of ehe Icgal 6older of this note. Each maker and endorse~ waives the right of exemption under the Constitution and laws o[ Fiorida, and each maker and endorser wai~•a demand, protest and notice of maturity, non-paymeot or protat and all requirements necusary to hold each o( them liable as maters and endoners. It u funher agreed that each maker and endorser, joindy and severally, shall paq all cosu of collecteon, including a reason- able attorncy's fee, on [ailure to pay the principal of this aote or any interat thcreon at maturity. This note and all sums due thereunder shall bear interat at the rate of ten (10) per cent. per annum from due date until paid. Tt is further agreed that eac6 maker and endorser joindy and severaUy herebq consent to any extensions or nnewals or modifications of this note or any part thereof without notice, and each maker and endorser agrees that he wiII remain liable as such during any extension or renewa! or modi~cation hereot untii the dobt rcpresented hereby is fully paid. Pri~•itege is gi~•en to prepag in [uU alter one yea~ lrom the date of the mortgage upon payment of a sum equal tv 3~~''o during ' the 2nd year, 2%s7c during the 3rd year, 2~/c during the 4th year; 1'/:7o during the Sth year, 1ib during 6th year to maturity_ All 4 E are basec! on the original amount of the mortgage. ~ This note is secured bp mortga e u ~ be rnnsuued ucording w the 1aws of Flor da. ~ P~P~~' Flon~ this~not; ia to ~ E (SBwL) ~ (SPwt.) ~S~~ 11~ L~ ~M~ON (SFwt.) ~ M-~23 B ~ P t :~'OW THIS INDENTURE WITNESSETH, that the ~id Mortgagor, to better secure the payment of t6e principat :um ¢ ut out in said promissory note, and interat thereon, aad in consideration thereo(, and tor other valaabk comiderations, has s granted, bargainod and ~old and by t6ae praents doa gru?t, bugain and sell w said Mortgagee and to its mccessots and assignt ~ forever, all that certain parcd or piece of land lying aad being in the County of St. Lucie 3nd State of g Fbrida, morc particularly dacribed u: ~ ~ ~ Lot 17, Block 17, Lakewood Park, Unit No. Three, according ~ to the Plat thereof, as recorded in Plat Book 10, Pages ~ 63 and 64, Public Records of St. Lucie County, Fiorida. s x ~ ~ ~ ~ Re-recorded to include note ~ TMiS INdTRUMENT PRLPARCD BY:' ~?lter E.~~V~S ABSTRACT & TITLE CORP. OF FLA, ~~v~ 2~S A~,~ ~.451 sOO f. 1ND iL FOKL r1tllGi /LAItIQJ? ~ r • i 99 ~ R ~L ~~~.i ~ ~ L~. ~LZ /Ll-~AyO~--- ~ ~ - - _ ~ ~ , - ~ ~ ~ ~ ~ f ~ ~ ~ _,^A s . ~m r~~~ `~.t~~<., r ~ < . _ - .5~ ~ s ~ ~