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IAAN NO. I~ 261i1/~ ~
~61/G?~7lV ~j'3
FLORiDA MORTGAGE
THIS INDENTURE. raade this 7t}1 day of 11t1yList ~ p. D, ~g 73
bY and betweea ~,IGI~I HO~S AIdD ?OR'1~Gi1~G8~ INC.
of the Countp ot St. I~1C1~ ~ in the SWte of Fbrida Mortgagor, and hettinafter so designatcd and McCAUGHAN
MORTGAGE COMPANY, INC., a corpontion of the State of Florida, having ib principal otCce in the City of Coral Gabla,
State of Fbrida, Mongagee. and hereina(ter w daignated:
WHEREAS ehe said Mortgagor is justly indtbted to the said Mortgagee in the principal sum o( 'jW$~[ g=~/g
7.'Ep~AZID Z~p NtTNOIt~ 1lI~ID N~/100-------------- Dollars,
as erideaced br a certain promissory note of ~ven date herewitL, the tinal payment of which is due on F~brildl[y 1 ~ 20Q3
ezecuced by the Mortgagor .
and delivered to the Mortgagee~ copy of which is attacha! Aereto and made a part hereof.
FIXED MONTHLY PAYMENT NOTE
i
~ =~s~~.~Q ~ t~~a Florida. ~t T , 19
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For value received, the undersigned joindy and severaqy promiu to pay to the order o[ McCAUGHAN MORTGAGE
COMPANY, INC., a Florida corporation, the principal sum of ~t71 ~10ti¦~ ~110 ~Uan
25,~00.00
with interest thereon [rom date, payabie monthly at the rate of ~ ptr cent.
per anaum; the interut and principal of this note payabte in ir~stalments as follows:
Beginning on the ~t day of ~r~ , 19 " the sum of e~l'~ Dollars,
and the same amount on the same day of each month thereaftet until the day of
when the balance of the principal is due and payable.
The a(oresaid monthly payments are to be applied fint to interest at the rate aforesaid due monthly upon the principal sum
or so much thereo[ as shall from time to time remain unpaid, and the balance of each monthl~ payment shall be applied on accouat
of prencipal.
Al) instalments of interest and principal are payable at the of(ice of the payee in the City of Coral Cabla. Florida, or
at such other piace as the holder hereof may designate in writing, in lawful moncy of the United States of America. If any
o[ said instalments of interest and principa! 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 the legal holder oI this note.
Each maker and endorser waives the right of exemption under the Constitution and larvs of Florida, and each maker and
endorser waives tiemand, protest and aotice of maturity, non-payment or protest and alt requirements n~cessary to hold each of ~
them liable as maket~ and endorun.
It is further agreed that each maker and endorser,
~ointly and severally, sha1) pay all cosu of collection, induding a reason-
able attorney's (ee, on (ailure io pay the priricipal of this note or any interat thcrcon at maturity. This note and all sums due
thereunder shall bear interat at the rate of ten (10j per cent. per annum from due date until paid. '
It is further agrced that each maker and endorser jointly and severally hereby consent ta any exten~ions or renewal~ or
modifications oi this note or any part thereof without notice, and cach maker and endorser agrees that he will remain liable as
such during any extension or renewal or moditication hereoE untit the debt repraented hereby is fuUy paid_
Pri~~ilcg~ is gicen to prepay in full a(tcr one year (rom the datc of the mortgage upon payment of a sum equal ta 37c during
th~ 2nd year, 2%z!i during the 3rd year, 2!~ during the 4th year, l%z`~c during the 5th year; 1;: during 6th year to mawrity. :4l1
are based on the original amount o( thc mortgage.
This note is secured by mortgage- upon ~eal property in _ gt• , Plorida, and thit note is to
6e construed uwrding to the laMrs ot Fbrida A~ ~a
HEREBY CERTIFY THAT TMS 15 ~SEAL~ iiilliae A. Anderaon (S~L)
A TRUE COPY OF ORIGINAI NOtE •
--A~STR~?Ct ~ TITLE CORPORATiON ~g~~~ [e/ Verna L. Anderaon
~ OF FL4RIDA • (S~~)
«.,~gYe i ~ ~ - ; 600K ~i1~ PACE
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