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Home My WebLink About2351 ~~s INSTRUM[NT P++~?'^^°~ ST-29,445 ' !~~GTnaC1 & Yi FORi P E ~EO ~RI A ivb b. YNO ST. `.l~~isO LOAN NO. ~ ~ e FLORIDA MORTGAGE THIS INDENTURE, made thu 8th day o( August . A~ D• jg74 by and between WAYNE B. KNOWLES and JEItRY J. 1CDIOWI.ES, his wife of the Counq of St. Lucie , in the State o[ Florida Mortgago~~ and hereinaftcr so daignated and McCAUGHAIh MORTGAGE COMPANY, INC., a corporation of the State of Flo~ida, having ia principal otCce in the City ot Coral Cabla. State o( Florida, Mortgagee, and hereinaftu so daignated: WHEREAS the said Mortgagor is jmtly indebted to the ~id 1ltortgagee in the principa! sum of THIRTY FIVE THOllSAND FI~'E HUI~'DRED and no/ 100 Dol~ars. u evidenced by a certain promis~ory note of even date henwith, the (inal payment of which is due on AuguSt 1~ }IH 2OA3 executed by the Mortgagor and deGve~ed to the Mortgasee, copy of which is attached hereto and made a part hereof. FlXED MONTHLY PAYMENT NOTE ~ 3~,500.00 FORT PIERCE August 8 19 74 ~ s Florida, - - For value received, the undusigned joindp and severaUp promix to pay to the order of McCAUCHA2Y MORTCA~CE Tt~tIRTY FIVE TH~US9N~ F~AUNDR~ ~$otrars ~00 CO~iP.~11r"Y, INC., a Florida corpontion, the principal sum of ~ ' 35 ~ S~~ . ~ w~th internt thereon from date. payable montbly at the rate oE Ni ne ~d (?ne Nal fpu ~1. per annum; the interat and principal o[ thia note payable in instalmeab aa Iollows: Beginning on the 1 st day of SE'~Tanhpr „ 19I~_ the sum oE ~3~0. 36 Dollan, and tke same amount on the same day oE ~ach month ther~after until the 1st day ot ~u~uSt _~`~j'_2~~3 whw the balan~e of the principal is due and payabk. The aforesaid monthlr payments are to be applied first to interest at the rat~ aforaaid due monthly upon the principal sum or so much thereof u shaU fmm time to time remain unpaid, and the balance of each monthly payment shall be apptied on account _ of princepal. Atl instalments of interat and principal are payable at the office of the payee in the Citp of Conl GaWa. Florida, or , at such other place as the holder hercof may daignate in writing, in law(ul money of the United Stata of Ameria. It anr of said instalments of interest and principal shall not be paid when due then the entire principal sum and accrued interest shaU become due and payable at once, at the opuon of the legal holder of this note. Each makec and endorser waive~ the right of exemption under the Comtitution and laws o( Florida, and each maktr and en~oner wai~•es demand. protat and norice of maturity, non-paymeat or proteat ana all requuemmts neeasary to hald eaeh o( them liable as maken and endorsen. . It is further agreed that each maker and mdotxr, jointl~ and severall~. shall par all cosu of collcction, induding a rea~on- ~ able attorner s fee. on failure to par the principal of thif note or an~ interat thereon at maturiq. This note and all sums due ~ thenuader shall bear interat at the rate of tm (10) per cent per annum from due date until paid. ~ It is fucther a~eed that each maker and rndorser joindy and sevenp~ hereb~ consent to an7r actensions or renewals or modifications of this note or anr part theroE without notice, and each maker and endonqr agrees that he wili remain liable u ~ suc8 during anr extension or rcnewal or modifiutioa hereof until the debt repruented hereb~ is fullr paid. Pri.•ilege is qicen to prepay in tull a[ter one year irom the date oE the mortgage upon payment of a sum equal tv 3~1o during ~ th- ?r.d year; 2%sS~o during the 3rd year; 2~7'o during the 4th year; 1% 9o during the Sth year; 1~/o during 6th year to maturity. AU are bascd on the original amount of the mortgage. This note is secured br mortsage upon rnl pcopertr in CT~ i.Ti(:TF rnir:rrv , Florida. and this note ia to be construed acrnrding to the laws of Fbrida. SEwt.) , (S~) /S/ t,~AYNE B. IG~IOWLES ~ ' s SFwc.l \ i ~5~~ JER~Y J. K`i~OWLES C ` NOW THIS Il\DENTURE WITNESSETH, that the said Mortgagor, to better secure the payment of t6e principal sum set out in said promiswry note, and iaterest thueon, and in consideration thereof, and [or other valuable considerations, has ~ granted, bargained and wld and by thae praenu does grant, bargain and sell to said Mortgagee and to its succasors and assigns ~ forever, all that certain parcel or piece of land lying and being in the County of St . Lueie and State of ~ Florida, more particularly dacribed as: ~ ~ Lot 18, Block 17, LAKEWOOD PAItK, iJt:IT THREE, a Subdivision according to the Plat thereof, as recorded in Plat Book , ~ at pages 63 and 64, of the Public Records of St. Lucie County, Florida. STATE DOCi3ME:vTARY STAMPS AFFIXED TO TNF. ORICI~AL I~OTE AND CAPICELLED . Re-recorded to add ~ritness . ~~1 ~ p~~pR pF T~s RfCEiVED PROPERPI, OIIE OM CIASS 'C INTMIGIBIf PfRlOIIAL ~ R U R M3RSI:ANT TO CIV1PiEt 71-131. ACTS ~ 191~. ~lCf/ : . ~&E.4 PORRA.C f~J ~ +-9~ BD~K~~O PA6E~~~ B~QK~~ ~'A~~9~ CLERK CIRCUIT WURi, ST. t~~~E CO., ftA Q ._.c r~ E. ~ : - _ - ~y: _ - - ° ~ ~ ~ „ • _ Y ~ - ~~s':,.~._- x_y.~..