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Home My WebLink About1993 AOSIitH~-~ µ - ~ Yus s. 2NO sT. FORT PIER~E. P~R~~ LOAN NO. ~ ~~~a~O FLORIDA MORTG-AGE TNIS INDENTURE, made this 8t11 day of Augu8t . A. D. 197~+ br and between . t~ c.. lV~1YlVr. Y1• i~P1lJWLGJ iill(! J~ihl\i J• Ai~~I+tuLJ~ liib ti.iit. o[ the Countp ot St. Lucie , in the State o[ Florida Mortgago~, aad hereinafter so dcsignated and 1?icCAUGHAI~ MORTGAGE C:OI?iPANY, INC.. a corpo~atioa of the State of Florida, having iu principal of6ce in the City of Coral Gables. 5tate ot Florida. Mortgagee, aad hereina[ter ~o daiguated: WHEREAS the said Mortgagor is jusdy indebted to the said Mortgagce in the principal sum ot THIRTY FIVE THOUSAND FI~B HUr~DRED and no/ l0U nouars. as evidenced by a certain promissory note of even date henwith, the final payment ot which is due on AuguSt 1~ }LH 2~~3 executed by the Mortgagor and delivered to the Mortgagee, copy of which is attached hereto and made a part hereot. - FIXED MONTHLY PAYMENT NOTE . ` S 3~ , S00 . 00 FORT PIERCE ~~a~~ August 8 19 7G For value received, ehe undenigned jointlp and severaUp promise to par to the ordee of McCAUGHAN MOR'I'CAGE IRT1i FTVF. THAIISAND ,~IVE HUNDRED aA~~100 CO~iP.~:VY, INC., a Florida corpuntion, the principal sum of T~ ~ (s 35 , 5~~ . ~0 with intereat thercon twm date, payable monthly at che rate of Ni ne an~ One Nalfpu ~t, per annum; the intuest aad principal o[ thia note payable in instalmeats as [otlows: Beginning on the 1 st day of SQ~ anhcar , 191~_ the sum of $3~~.36 Dollan. and the same amount on the same dar of each month thereafter until the 1St day of ~u~tiSt 2003 when the balanze of the priecipal is due and payabla The aforesaid monthly payments are to be applied fint to interest at che rate aforaaid due monthly upon the pcincipal sum or so much thereof as shaU from time to time remain unpaid, and the balance of each monthlr paymea~ s6a11 bt applied on account of priacipal. All instalments of interat and principal are payabk at the ofGce of the payee in the Cit~ of Coral Gables, Florida~ or e s__ 1_.._t.J •1.~ 1T..:~~.1 C?e~.~ A.w~~~~ I( ~nv ' ' ' _ " ~.7^~ • . . . . _ _ . ; SI S12CR O[RCr P~al'c aa ~l~c i~viuci ~~uwa i.ady ..cai3o~::. ' . _ _ ' of said instaimenu of interat and principal shall not be paid when due then the entire PTiACiP1I sum and accrued interat shaD b~come due and payable at once, at the option of the le6al holder of this note. Each maker and endoaer waiva the right of exanption under the Con~titution and laws o[ Florida. and wch maker and endoner waives demand. protat and notice of matnrity, non-payment or pmtest and all requuemenu necusarr to Lold each ot chem Gable u maken and endorsen. It is further agreed that each maker and endoner, joind7r and severallr> shall pa7r all easb of collcetion, induding a reawn- able attorney's fee. on (ailure to par the p~ cipal of thi~ note or an~ intunt thereon at matwit~r. This note and all sums due thereundv shall bear interest at t6e nte of ten (10) per cent per annum from due date until paid. ; It is further agreed that each maker and endorser jointt~ and sevenllr 6ereb~ conaent to anr eztensions or renewah ar ; madifications of this note or anr part thereof without nohce, and each maker and endonSr agrees that he will remain liabk as ~ sucb during any extension or renewal or modification 6ereoE undl ehe debt repraented hereb~ is fullr paid. ~ Pri~~ilege is qi~•en to prepay in full atter one yeu from the date of the mortgage upon payment of a sum equal to 3% during ~ tht ?nd year; 2'/:`Ie during the 3rd year; 29o during the 4th year; 1%x~/o during the Sth year; I~/o during 6th year to maturitp. AU a:e based on the original amount oi the mortgage. ~ This note is secured b7r moR3ase upon rdl propettp ia ST,~ T.ii('TF C_ntT~1TY , Florida. and this note is to ~ be construed according to the law~ of Florida. ~ (Spr?:.) /SJL,TAYNE B. IC70WLES (S$~.) . ~ (Sanz.) s (Srr?L1 ~ I ~ JER.RY J . IQIOWLES ~ NOW THIS INDENTUItE WITNESSETH, that the ~id Mortgagor, to better secure the payment of the principal sum ~ set out in said promissory note, and interat thereon, and in consideration thcrcof, and for other valuable considerations, has granted, bargained and wld and by thae presents doa grant, barBain and sell to said Mortgagee and to its succeswn and assigns ~ forever, all that certain parcel or piece of land lying and being in the County of St . Lueie and State of r~ Florida, more particularly described u: ~ L a Lot 18, Block 17, LAKEWOOD PAItK, Ut~IT THREE, 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 DOCiP,~:~TARY STAMPS AFFIXED TO TNF. ORIGI;~AL NOTE Ah'D CA,~ICELLED . ~ . L~ 1N PAYMIIENT OF TAXES DIJE ON CLASS 'C INTAN6fBLE PER~IIAL PROPERIY. O R n M:RS2:ANT TO GIAPTE~ 71•134. ACTS 1911. /~J(Cy . i~&E,~ POITRIIS ~ II ~ +.~9 BOOK~e~ PAGE~a~~ ~ER1( CIRGIIT 0~lRT. si. ?.~~~E C0, fu f~ ~ ~~rt; . -.__._-T ` ~ , ~ _ u^~,v~~~~ _ _ ~ _ . , , . a, ~ _ . ,~~,x.~~~~~~~~~~ ~ . _