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FLORIDA MORTGAGE ~
A. D. 19~3 ~
THiS INDENTURE, made this 29th day ot Atlgti8t ,
by and between FRANK D. BRO~WN at~d SUZANNS BRdWN ~ h3s w~fe ~
ot the Counry ot $t. T.I1C~@ , in the State o[ Florida Mortgago~, and hereinatter so daignated and I?icCAUCH:I:V ~
MORTCAGE COI?lPANY. INC., a corporation of the State oI Florida, having its principal ottice in the City o[ Coral Gables,
State of Florida, Mortgagee, and he~einafter so daignated:
WHEREAS thr said Mortgagor is justly indebted to the said I?iortgagee in the principal sum of ~'1'Y-FIVS ~
THOUSAND~ SIR HUNDASD AND NO/100 - - - - - - - - - - - - - - - - - - - - • - - Dollars, ~
as evidenced by a certain pmmissory note of even date herewith, the tinal payment of which is due onSgpt~BT 1~ 7Q~ ~
exccuted by the Mortgagor 2~~2
and delivered to the Mortgagee, copy of which is attached he~eto and made a part hereot.
FIXED MONTHLY PAYMENT NOTE
~t~..~~ Florida, - - , 1~-
For value received, the undenigned jointly and severally promise to pay to the order of McCAUCHAN MORTGAGE
COMPANY, INC., a Florida corporation, the principal sum of Do11an
( ~A with interest thereon from dato, payable monthly at t6e rate of .~_~~L per cent_
per~~ ; t e interest and principal of this note payable in instalments as foliows: "
Beginning on the day of , 19~_ the sum of ~ Dollan,
and the sam~ amount on th~ same day of each month thereafter until the day of •
when the balance of the principal is due and payable. f
The aforesaid monthly payments are to be applied lint to interest at the rate aforesaid due ~nonthly upon the principal sum
or so much thereof as shall (rom time to time remain unpaid, and t6e balance of each monthly payment shaU be applied on account
of principal.
All instalm~nts of interest and principal are payable at the of(ice of the payee in th~ City of Coral Gables, Florida, or
at such other place as the holder hereof may designate in writing, in lawful money of the United Statts of America. If any
of said instalments o( interat and principal shall not be paid when due then the entire principal :um and accrued interest shall
become due and payable at once, at the optian o! the legal holder of this nota
Each maker and endorser waives the rig6t oE exemption under the Constitution and laws of Florida, and each maker and
e~dorser Nai~•es demand, protest and notice of maturity, noa-payment or protest and aU requirements necasary to hold each of
them fiable as maken and endonen.
It is further agreed that each maker and endoner, jointly and severally, shall pay all costs ot collection, including a reason-
able attorney's fee, on tailure to pay the principal of this note or any interest thereon at maturity. This note and all sums due
thereunder shall bear intcrut at the rate of ten (10) per cent. per annum from due date until paid.
; It is further agreed that each mater and endorur jointly and uveraUy hereby consent to any extensions or renewals or
` modi[ications of this note or any part thereof without notice~ and each maker and endorser agrees that he wiil remain liable as
such during any extens~on or renewal or modification hereof until the debt rcpresented hereby is tully paid.
` Pria•ilege is gi~•en to prepa~• in full after one year from the date o( the mortgage upon pa~•ment of a sum equal ta 39'i during
the 2nd year: 2%x`=c during the 3rd year; 2S'~ during the 4th year; 1'/:~/c during the 5th year; 1;i during 6th year to maturity. Ail
; are bised on th~ original amount of the mortgage. ~
a
+ This note is secured by mortgage upon ~eal property in , Florida, and this note is to
~ be construed according to the laws of Florida
~ (SewL) /s/ Frank D. Brown ~SEAL~ r~
~ A TRUE CUPY ~F ORIGINAL NOTE h~ D• ~
~ (Sr~?L) /s/ Suzanne Brown ~g~,~ ?
~ ~ ~
~ ' OF FIORWA • ,,~i~ -
f~ M-~23 B
~ 8Y ~
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:`OW TNIS INDE:\TURE WI'I'NESSETH, that the said Mortgagor, to better secure the payment o( the principal sum
~
set out in said promiuory note, and interat ihereon, and in consideration thereof, and (or other ~•aluable considerations, has
granted, bargained and sold and by these presenu does grant, bargain and xll to said Mortgagee and to its successon and auigns
- forever, a11 that cenain parcel or piece of land lying and being in the County of $t. I.ueie and State of
- Florida, more particularly d~scribed as:
Lot 13, Block 46, LAKE4IOOD PARR UNIT N0. FIVE, according to the plat
= thereof as recorded in Plat Book 11, page 5 of the Public Records of
~ St. Lucie County, Florida.
RE-RECORD TO SHOW CORRECTED DATE OF TERMINATION OF MORTGAGE.
,:r ;
Walter_ E.Davis l ~1 ?
tNSPRUMENT PREPARED DY~ -/f,,~-~OYL~-~ 8GR~219 P~~E ~V
' yy ABSTRACT & TIT~r CORP. OF FLA. O'C ~ ~
2ob S. 2NQ BS? FORI PI[RGE. /L~RIDA e00K
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