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HomeMy WebLinkAbout2367 - son ~ / t~F~ ~~~°~°f~ w~. o/ ~.n. ST-29,443 ~~~t T - r~N10~+ ~Ir0Al0A LOAN NO. 2~~?~~s FLORIDA MORTGAGE THIS INDENTURE, made this 9th day ot AuguSt , A. D. 19 74 by a,~d becween C~~~,~S C. (:ARROZZA and JUDITH A. CARROZZA, his wife of tbe Countp o[ St. Lucie . in the State of Florida Mongago~, and hereina[ter w designated and I?icCAL'GNAN MOR'TGAGE C011iPANY. 1NC.. a corporation of ehe State ot Florida, having its principaf otCce in the City of Coral Cable~. State of Fbrida, Mo~tgagee. and hereinalter so daignated: WHEREAS the said Mortgagor is justly indebted to the said Morcgagee in the principal sum o( THI1tTY SIX THOUSAND and no/100 - - - - - - - - - - - - - - ' - ' ' ' D°~~a°' as evidenced br a certain pmmissory note of even date herewith, the tinal payment of which is due on ~uguSt 1~ 2~03 exceuted by the Mortgagor and delivered to the Mortgagee. copy of which is attached hcrcto and made a part hereof. S?-29.ii43 FIXED MONTHLY PAYMENT NOTE ; ~~~0~~ ~Z~~ Florida, ~t ~s ; 19 74 - For value received, the undenigned jointly and severally promise to pay to the order of McCAUGHAN MORTCAGE COMPANY, INC., a Florida corporation, the principal sum of ~ s~ ~~`iQ~ - D°uars ~_~~~~.~Q with interest thereon from date, payable monthly at the rate of ~i~ i~~ ~ P~r cent. per aanum; the interest and principal of this note payable in instalments as follows: Beginning on the ~t day oi ~st,rb~! , 19~_ the sum of ~~~~s9 Dollan, and the same amount on the same day of each month therea[ter until the ~L.- day of ~~N~~* when the balance of the principa: is due and payable. The aforesaid monthly payrrzents are to be applied fint to interest at the rate aforesaid due monthly upon the principal suro or so much thereot as shall irom time to time remain unpaid, and the balance of each monthly payment shall be applied on account of principal. ~ , All instalments of interest and principal are payable at the ofCce of the payee in the City of Coral Gables, Florida, or at such other place as the holder hereof may daignate in writing, in lawful money of the United States of America. If any o[ said instalmenu of interest and principal shall not be paid rrhen due then the entire principal sum and acuued interest shaq ~ become due and payable at once, at-the:opt?on of the legal 6older of this nota j Each maker and endorser wai~a the right of exemption under the Constitution and laws of Florida, and each maker and rndorser wair•es demand, protest and notice of maturity, non-payment or pzotest and all requirements necasary to 6old each of ~ thom liable as makers and endorsen. t It is further agreed that each mater and endorser, jointly and severally, shal) pay all cosu of collection, including a reason- ~ able attornty's fee, on failure to pay the principal o! this note or an~ interrst thereon at maturity. This note and all sums due t6ereunder shatl bear interat at the-eate of ten (!0) per cent. per annum from due date until paid. It u further agreed that each mater and endorser jointly and severally hereby consent to any extensions or renewals or modifications of this note or any part thercoi without notice, and each maker and endorser agrea that he will remain liable as ~ such during any extension or renewal or modiGcation hereo[ until the debt represented hercby is tully paid. . Pricilege is gi~•en to prepa~• in (ull ~iter one year from the date o[ tht mortgage upon pa~Tncnt of a sum equal ta 3S'o during ~ the 2nd year. 2%:~~ during the 3rd year: 2S~ during;he 4th year; 1%27c during the 5th year; 1`i during 6th year to maturity_ All ~ are b.ised on the or~ginal amount of the mortgage. This note is secuted by mortgage upon real propertY in $C •~e Florida, and this note is to ~ be construed according to the .aws o[ Florida. ~SEAL~ ~l.~:~~~;C• C~~~ ~SEAL~ vaeawwv ~SEAL~ A ~ ~SEAL) • NOW THIS INDENTURE WITNESSETH, that t6e said Mortgagor, to bettu secure t6e payment of the principal sum ~ set out in said promissory note, and intetut thereon, and ia consideration thercof, and for other valuable considerations, has granted, bargained u?d sold and bq thae praents does grant, bargain and sell w said Mortgagee and to its successon and auigns fore~er, all that certain parcel or piece of land lying and being in the County of St. Lueie and State of ~ Fbrida, raorc particululy dacribed as: ~ ~ Lot 2, Block 19, I.AKEI•:OOD PARK, UI~IT THREE, a Subdivision according ~ to the Plat thereof, as recorded in Plat Sook 10, at page 63 & 64 of ~ the Public Records of St. Lucie County, Florida. STATE DOCUtSE:~T,'1£.Y STt~~S AFFI::ED TO TNE ORIGIt~:AL t~OTE Ah'D CA1tiCELLED. ~ 7~2, . o ° r~_ IN PI?~MEtR Of TIIXES ~ RfCE?YED~~ ~ I~:1V:G18l.E PE~~ :G!7AL PR~~~Y~ ~ 10 ~uptEll 71-134. A~ 1 S 0 ~ 1911. ~C o p ~pOUiCf. 3'i U1~E ~ ~ Bo0K2~Q PACE~e~VV c~ cu~u t-99 ~~:4.. ~ ' _ - - ~ ~ r i - ,ts- x ~ x ~ -';a_,. ~ ~:..v~~a~~~ a__-~~'. ~a_~~" . ~ . , ~ ~!..~.~¢i~~,~r~,.u