HomeMy WebLinkAbout1989 NL':J 11.r.~ ~ ~ ~.v..r' vr r t.~a
100 S. 2Np SL FORI PIERGE, FLORIDA
LOAN NO. ~~5~~8
FLORIDA MORTGAGE
THIS INDENTURE, made this $th day oi AuguSt D• 19 74
1.v ana kfrrMn . ~ m..~ TTVl~11 L.t ..J G..
' Sli'.Y[iLPt Ntt~Y1s~. lilnilii iitlU LJi~lit? Jua. ui~.u..~ ?a+.~ ~:y•a•
o[ the County ot St . Lucie . in the State of Fbrida Mortgagor, and hereinafter so daignatctil and I?icCAUGHAN
MORTGAGE COl?iPANY, INC.. a corporation o[ the State of Florida, having iu prineipal ofCce in the City of Coral Gabla,
State ot Florida. Mortgaaee, and hereina[ter so daignated:
WHEREAS the said Mo~agor u jmdy indtbted to the stid Mortgagee in the principal sum oi
THIRTY SIX THOUSAND 8[1d ~1o/LO~J - - - - - - - - - - - - - Dollars,
as evidenced by a certain promis+ory note of even date herewith, the [inal payment of which is due on AuguSt 1 }gC 20~3
executed by the Mortgagor
and delivered to the Mortgaaee. copy of which is attached hereto and made a part hereo(.
~ , pX~ N1pNTHLY PAYMENT NOTE -
36,000.00 FORT PIERCE August S 17~ 4~
. i
F~ ~e jo;n~ and ~veraUy pe~omi~e to pa~ to the order of NeCAUGHAN MORTGAGE
CO~IP~~iY, INC., a Ftorida oorporation, the p~incipai wm d T~RTY SIR THOUSAND and no/ 100 ~
~ 36,000. Nine and One flal~
00 interest thereon Emm date, papable montDl~ at the nte of
per annum; the iacerest md priacipal oE chu note pa~aWe in iri~ttalroeun a~ follo++s: _
Besinnina on che 7 et d,r of Cpnrs+,nl,e'r , 19~- tbe sum of ,~~6
~
lst August
and the same ~mouat on the aame ds~ af ach month thereafter until tbe da7 a[ ~
when the balance of the principal is due and paraWa . .
'ILe aforaaid monthlp partnents are to be aPpi~ed ~C to interat at the rate aforaaid due man~~
~~~~~P~~ ~Qt
or ao much thereof a~ shall trom time w eime remain unpaid. and the balaace oE each monthll W7rme~ PP~
ot principai.
All instalmmts of intaat and principa! ue Wrib1e at the of6ce of ehe pi~ee in the ~tp ot Co*al Gabla. Florida, or
ac wch other place as the hoWer hereof may daigaate in writins. iu lawful mone7 0~ the United Sates o~ America. If ar~r
of said insulmenu of interat aad principal s6a11 not be paid whea due tben the entire principsl wa~ aad accr~ed iwumt thaU
become due and pa7rabk at once, at t6e optioa of the kgal boMer of thi~ nota
I Eac6 maker aad endorser waives the riaht oE e~anp~a+ uinler ehe Comtitution and 1z"'i °f Fl°ndi. and ~
h~ ~
' mdo»er waives demand, protest and noace of msturitl?. aon-Wymm~ a P*oeest and all requiranmts ne~a+7
! them liable aa maken and endoncn. ~
i It is iurther asreed that eac6 maker aad mdoe~, land7 and ~va~alh. ~ P7 all ooqs of coUection, includins a res~oa-
able attome~'s fee, on failure to pay the psincipal af tha note or aa~ intaat thveoe~ at matnrit~. Tbi~ note aad aII wms dne ~
t thereundes s6aU bear interat u t~e rate d tm (10) qr cmt pa aaaum from due date anW paid.
i It is fwthee aareed t6at esc6 maku and enda~xr joindf and sererali7 hereb'! oo~eot tc aap extensioia or rmevrals ar
~ toodif'~eadoes of thi~ aote or an~ part thereoE v~rithout aotice, and ach maker aad eudoner aarea that he w~71 remain liab{e as
such durin; an~ actauion or reae~?al or modificaeion hrseof ~mtil the debt eepresmted hereb~ i~ full~ paid•
~ _ priv~le~e is g~ven to prepa~ in Eull atter one ~ear from the date of t6e mortga~e upoo pa~t o[ a sum equal tQ 3°J6 durins
~ t6e 2nd ycar; 2%:~lo during the 3rd pear; 29{. durins the 4th ~ear; 1'/:9fs durina the Sth parr; 196 dwina 6th year to maturitp• All
~ ~ are based on the original amount of tbe mort~e• -
i 1tia ~te is xcured 67' aactSaS~ upon real P~'P~rt7 ia e~r T it~_TF COIINT~ Florida. and this nae is to
~ { be oonstrued accordinE to tht lavis of Fbridi
~
i /
: ~$~/?L) ~ ~$BA1.~
' STEP ~)AYNE D ON ~
(Sw.) nC~. ~.c~C- (Sani'~~
~ LINDA SOE DIgON
~ •s
~ NOW THIS INDE.'~TTURE WITNESSETH, t6at the said Mortgagor, to better secure ihe payment of the principal sum
~ set out in said promissery note, and interat thereon, and in comideration thereof, and for othu valuable considerations, has
granted, bargaintd and sold and by thex praenu doa grant, bugain and seU to said Mortgagee and to its successon and assigns
~ torever, all that certain parcel or piece of land lying and bein~ in the County of $t. Lueie and State of
Fbrida, more particularly described as:
x;
~ Lot 25, Block 17, LAf:~~d00D PARK, UNIT TtiREE, a Subdivision
~ according to the Plat thereof, as recorded in Plat Book 10,
at pages 63 and 64, of the Public Records of St. Lucie County,
~
~ Florida.
~
~
~
~ STATE DOCL~ME:ZTARY STAtiPS AFFI::ID TO THE ORIGI:~AL ~:OTE A:iD CAIvCELLED.
~
R~~ 02 . G~ IN PAYMEtff OF TAXE~
DIlE ON CIASS'C' INTANGIBLF PE'~K PROPER(Y,
c ~ R~O ~(]Q~ pU~UANT TO CIiJ4° 71•134. ACTS OF 19/1. mC
BOOK PAGE ~700 ~0~~s
~ !-99 Ci~~. ~T 1~.~ fu
~s.-`" ~ ~ - - - - ~ ~ R ~
t ,~,kr~T, ~ ~ ~ -
~ ~ ~ -
5:s - - +~i. ' .2
~.~~~:~~''~`Y `~'~`~~i'«~"'aY t'l _
M_-" #^F,v.~..._ , _ . . _ . ..t