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HomeMy WebLinkAbout0281 / ' ~ zs4sss ~ ~ L.OAN NO. ~ • i ~ ~ F IDA MORTGAGE ~ ~ ~ THIS INDENTURE, made this 26th day o[ September 1973 ~ by and between AMERICAN HOMES AND MORTGAGE ~ INC . ot the County of $C. Lucie . in t6e State of Florida Mortgagor, and hereinafter so designatcd and McCAL'CHAN MORTGACE COMPANY, INC., a corporation o[ the State of Flo~ida, having its principal otfice in the City of Coral Gables, State of Florida, Mortgagee, and hereinafte~ ao designated: • WHEREAS the said Mortgagor is justly indebtcd to the s:.id Mortgagee in the principal eum ot TWENTY SEVEN THOUSAND I1INE HUNDRED AND NO/100---------------------------------- Dollan. as evidenced by a certain promiawry note of evert date herrwith, the (inal payment of which du~ onFebruary 1 Q2~~3 executed by the Mortgagor and delivered to the Mortsaaee. copy oE which i~ attached hereto and made a put hcreoE. FIXED MONTHLY PAYMENT NOTE . ~ 27~900.00 Fott P1~]C~ Florida, S~pt~~bs1C T6~ , 19 73 - For value recei~•ed, the undersigned jointly and severaqy promise to pay to the order of McCAUGHAN MORTGAGE COMPANY, I1\C., a Florida corporation, the principal sum of ~~s~v~ ~ollars Z7+~~~ with interest thereon from date, payable monthly at the rate ot 8 3~ per cent. per annum; the interest and principal of this note payable in instalments as follows: Beginning on the day of ~~h 19~._ the sum of ~11.48 Dollars, and the same amount on the same day of each month thercafter until the iat day of F~=~~ ,~~a~ when the balance ot the principal is due and pa~able. ~ The aforesaid monthly payments are to oe applicd first to interest at the rate aforesaid due monthly upon tht principal sum or so much thereof as shall (rom ti~ne to ti~ne remain unpaid, and the balance ot each monthly payment shall be applied on account of principaL All instalments of interrst and principal are payable at the office of the payee in the City of Coral Gables, Florida, or at such other place as the ho]der hereof may designat~ in writing, in lawful mo?~ey o( the Unittd States of America. I[ any of said instalments of interest ancl principal shall not be paid when due then the entire principal sum and accrucd interat shall ~ become due and payable at once, at the option of the legal helder of this note. Each maker and endorser wai~•es the right of exemption under the Constitution and laws o( Florida, and each maker and ; ~ endorser wai~•es demand; protcst and notice of maturity, non-pay~nent or protest and all requirements necessary to 6old each of I them liable as maker3 and cndorsers. ~ It is further agreed that each mater and endorser, jointly and severally, shall pay aU cosb of collection, including a reason- ~ able attorney's fee, on [ailure to pay the Principal of thu note or any interat thereon at maturity. Thu note and all sums due ~ ~ thereunder shall bcar interest at the rate ot ten (10) per cent. per annum from due date until paid. < ~ It is further agreed that each maker and endorxr joindy and severally hereby consent to any extensions or renewals or ~ 4 modiGcations of this note or any part thereof without notice, and cach maker and endorser agrees that he will remain liable as ~ such during any extens~on or re~ewal or modircation hereof until the debt represented hereby is fuUy paid_ ~ Pri~•ileqe is qicen to prepay in full a(ter one ye:tr (rum the date of the ~nortgage upon payment of a sum ~qual ta 3~i during the 2nd year, 2%a',~ during the 3rd }•car, 2S~ during the 4ih year; 1 j:7c during the Sth year during 6th ycar to maWrity_ A1F g are baseJ on the ori¢inal amount of the mortgage. ~ 1'his note is secured by mortgage upon real propetty in _ st• , Florida, and this note is to ~ be construed according to the laws of Florida. ~C~ ~ ~SEAL~ /s/ William A. Anderson ~SEAL~ s, ana.~.on (g~,) /s/ Verna L. Anderson (Srr?L) v.sa. L. aaa.s.oo ~ w-~t~ s . ~ ~ ~ ~ NO~V T`NIS INDEN'fURE WITNESSETH, that the said Mortgagor, to better securc the payment oi the principa! sum ~ set out in said promissory note, and interest thereon, and in consideration thereof, and for other r•aluable considerations, has granted, bargaincd and sold and by thex psaents does grant, bargain and sell to said Mortgagce and to its succasors and auigns forever, all that certain parcel or piece of land lying and being in the County of St. Lueie and State of - Florida, more parcicularly dcscribed as: _ ~ Lot 12, Block 23, LAKEWOOD PARK UNIT N0. 3, according ~ to the Plat thereof as recorded in Plat Book 1C, pages ~ 63 and 64 of the Public Records of St. Lucie County, Florida ~ w: ~r - ~k ~ THi~ 1':57R'_J•,•rVT PREF:ocp ny. ~~y ffyrd o-~ nESrf:..c; r~r~~ o~- r-~A. ~ _ ` „5 5 2t:U 57. FC,':; p;cRCE, FLuRIDA s~ ~ ~9 ~iM~Mri~ ~N1tC ~ ~ --~~~~".e ~ - > ~ ~ ~ s~ ~ ;x . . - '3.~ ~ ~ ~~a` . ~ ~ _ - ~x_ z . . na~.t.t}i-.,Y. . . .~'3c ._....;~'-c`°~~-,n._...,- .~..-c.~_,~:...~"~d,...v._,_ T . _ __r__m...: _