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IN PArIMENT pF T11XEi 260456 ~
l.OAN NO. CIASS lNTAM6lBlE PERSONAI pqppERn~
111RS1lAMi TO CHAPTER 71•131, M7S Of 1lll.
tiOGER lOITRAS
at111I fINGlIT 001lMT,~~~~-
FLORiDA MORTGAGE
T'HIS INDBIVT'URE. made thu 2lld day of ~Ilg't18t , A. D. 19 73
by and 6etween gRyC$ J~ Bi~IN aiid. p~JI~ S. Bi~iN~ his wi~e
ot the County of S~• IAlCfA , in the State of Florida Mo~tgagor, and hereinafter to daignated and McCAUGHAN
MORTCAGE COMPANY. INC., a corporation af the State of Ftorida, having iq principa) ofCce in the City of Coral Gabla,
Statc oi Fbrida. Moctgagee, and hereiaaiter w designated: '
WHER$AS tha said Mortaagor u justly indebted to t6e said Mortgagee in the principal ~um of '1W@1'l~Y '1~B
~ u~ r~onoo-------------------------- nouu,,
as evidenced b~r a cenain promissory note o[ even date herewitb, the fina! payment ot which is due on ~t,~ii8t 1 7f! 20flZ
executed br 4ht Mongagor
and delivered to the Mortgagee. copy o[ whic6 is attached hereto and made a part hereof.
. FIXED MONTHLY PAYMENT NOTE
_ ~.~d0.0~ ~Oi~ ~~"'s~ Florida, a~.....~~ ~ , 19~_
For value received, the undenigned jointly and xverally promise to paq to the order of McCAUGHAN MORTGAGE
COMPANY, INC., a Florida corporation, the principal sum of '~1'!Y_'1'HBSZ~4~11ID ~1iD l1Al1~-~-~~Ilars
Zst~.QQ~~ with interest thereon from date, payable monthly at the rate of ~ per cent.
per annum; the interest and principal of thu note payable in instalments as (oilows:
Beginning on the ~~s~ day of $,~~1I~~= , t9.~_ the sum_ of Z~.~ Dollan,
and the same amount on the same day of each month thereafter uetil the p~~t day of ~t „~1QQj
when the batance of the principal is due and payable.
1'he a(or~said monthly payments art to be applied fint to interest at the rate atoresaid due monthly upon the principal sum
or w much thereof az shall Erom time to time remain unpaid, and the balance ot eac6 monthly payment shall be applied on accou~t
of principal.
All instalments of inte~est and principal are payable at the of(ice oE the payee in the City of Coral Gables, Florida, or
at such other place as the holder hereof may design~te in writing, in lawful money of the United States of America. If anp
of said instalmenu of interest and principal shall not be paid when due then the entire principal sum and accrued interest ahap
become due and payable at once, at the option of the Iegal holder of this note.
Each maker and endorser waivcs the right of exemption under the Constitution and laws of Florida, and each mater and
eadosser waiva demand, protat and notice of maturity. non-payment or protat and all requirements necessary to hold each of
them liable as maken and endorun.
It is further agreed that each maker and endorser, jointly and severally, sha11 pay aH costs o! copection, including a reason-
able attorney's fee, on failure to pay the principal oi this note or any interat thereon at maturity. This note and all sums due
thereunder shall bear interest at the rate of tcan (10) per cent. per annum [rom due date until paid.
It u further agreed that each mater and endorser jointly and severaUy hereby consent to any extensions or renewals or
modifications of this note or any part thereof without notect, and tach maker and endorser agrea that he will rcmain liable as
such during any extension or renewal or modification hereol uatil the debt represented beteby is fuUy paid. -
Pri~•ilege ii gi~•en to prepay in full after onc year from the datc of the mortgage upon payment o[ a sum equal tv 37c during
the 2nd year: 2%`,'c during the 3rd ~ear, 25'c during the 4th year; 1%27c during the Sth year, l~~e during 6th pear to maturity. All
are based on the original amount of the mortgage.
This note is secured by mortgage upon real pmpetty in St. L11Ct~~ , Florida, and this note u to
be conatrued according to the laws of Florida.
~SEAL~ B C:S ~T• ~SEAL~
(S~L.) ~ /s/ Paula S _ Brown - (g~,j
P11ttL~? S. B1i0I~Tl1
M-~23 B
~
NOW THIS INDENTURE WITNESSBTH, t6at the said Mortgagor, to better secure the payment of the principal sum
set out in said promi:sory note, and interat therrnn, and in consideratioo thereof, and for other valuable considerations, has
grantcd, bargaincd and sold and by thne praenb doa grant, bargain and sell to said Mortgagee and to its succusors and assigns
forever, all that certain p.ucel or piect of land lying and being in the County of St. Iueie and State of
Florida, more panicululy described as: ~ \
~ -
LDt -10, BLock 105, IAI~IOOD P]1ttiC, UAiIT NO. NINB
acoordfnq to the plat thereof, as reoordecl in
Plat Book 11, Paqes 27A thru 27D,~Public Reo~rds
of St. Lucie daunty, Florida .
• . Lquipa~ent specifically included
1.. Central air and heat.
2. Range anc~ hood
3. iiater aell and pump
4. Retaininq tank
J-./aL1c'/' ! 1~l~r'f
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A~sTRACT Et TITI_E CORP. OF FLA• BvuK
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