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Home My WebLink About2515 e ~ . ~ • t C/ ~ 1~ ' ~.o~rr Ho. 29_ ~ oo ~ . 1~~' '~''xs+~+Nr~ ~m,ur,a,~'~ M„n~ i - ~r ~ ~l•~~ ~ A M~RTGAGE ~ ~ FLORID ~ THIS INDENTUltB, raade tAis iZt~! dar of S61~t~r ~ . A. D. 1974 cs br and becween LABSY C. I.sPI.AUNT aud I!(A~IGABBT B. I~PI.A~T~Ts L18 vife up 4+ ut the C.o?entp ot $C. Lucia . in the State ot Fbrida Mongagur, and herrinafte~ so desigaated and 111cG~UGHAN y~ MOR'TGAGfi COMPAi~1', INC.. a corporation o[ the State o[ Florids. havins its principal otfice in the City ot Goral Cabla. h Sate of Florida, Mortgaaee, aud hereina(ter ~o daignated: c ~ WHEREAS the said Mortaagor is jusdp indebtcd to the said 1?Sorc~ce in the priacipal sum a~ ~ ~ LL O F s THIRTY SI% THOIIS~AtID and no/1 n~~~"~. ~ ~ QI u tvidence~! bp a certain proaaissorn oote of rven date herewith, the tinal payment ot which is due on Septesber 1 7~ 2~3 i G J . c' J pCKY~td ~ ltl! MOltai$Or T : ~ ` ' and delivered to the Mortgasee. copp oE which u attached hereto ~nd made a part bereof. ~ = c - - FiXED MQNTHLY PAYMENT NOTE ; C L ~ H - ' ~~.s.~~ ~ FORT PIERC~~ Florida, Septe~bpr 12 - . 19~__ , • For value received. the undersigned joint?y and sevenlly pmmise to pay to the order of McC.AL•GHAD1 1?iORTCAGE CO~iP~NV, Ii\C., a Florids corporaaon, the principal sum of '~IRTY SL T~~USAN~ - DoUars = ~=36~~~.~~"~- with interest thereon from date, payable monthly at the rate ot Nine and One ~~r cene. ~ per annum; the interest and principal of this note payable in instalments as folbws: Artnl~pr 19~- the sum of ~04_59 Doliaa. Beginning on the ist day oE and the same amount on the ume day of each month thereafter until the i8t - day of ~pt~er ~~~3 whea the balance of the principsl is due and pagable. The aforesa~d monthly pa~ments ate to be applied fint to intcrest at the rate aforesaid due monthly upon the principal sum ~ or so much thereof as shall trom t?me to time remsin unpaid, and the balaace oE eac6 ~nonthly payment shaU be applied on account of princ;pal. All instalments of interest and principal are paYable at the office oI the payee in the City of Corai Cables, Florida, or # at sach other place as the holder hereof maq daignate in writing, in lawful money o[ the United 5tates of Americs_ I( anr ~ of said instalmenu of interat and principa! shall not be paid when due then the cntire principal sum and acccued interat shaU become due and payable at once, at the opuon of the legal holder of this nota Each mak~r and rndorser w-aives the right of ezempteon under the Constitution and laws of Florida, and each maker and ~ endorser w-ai~•a demand, protest and notice of maturity, non-payme~t or protest a~d all requirementt necess~.ry to hoW each of f t6em liab:e as maken and endorsers. _ ~ It is [urther agreed that each mal~er and endorser. jointly and severally, sha11 par all costs of collection, including a reason- able attorney's fee, on failure to pay the principal of this note or any interat thereon at maturity. This' aote and aU sums due thereunder shall bear interat at the rate ot tea (10) pet eent. per annum from due date until paid. It is further agreed that each maker and endocser jointly and se~eratty henby consent to anr extensions or nnewals or modifications of this note or any part thereof without notice, and each make~ and endorser agrets that he will remain liable as such during anY extensi~n or renewal or inodiCcation lsereof until the debt rcprcsented hereby is [uUy paid. , Pri~•ilege is gicm to prep~~• in [ull after one ~~ar (rom the date of the mortgage upon paymrnt of a sum equal tv 3~ during the 2nd year: 2 j::i during ti?e ~rd ycar. 2`i during ii~c ~tF. ~rsz; !%1';'r during the Sth year; I!i during 6th ~-car to nwturity_ All are Eased on th~ original amount of thr mortgage_ - This note is secured by mongage upon real property in e~r T 11~`Tit ~`ntiulTY , Fbrida, ai.d thi: note is to . be construed according to the laws of Fbnda. A (SEnL) • (SswL) Y C LaP ~ , (SswL) - L~ r SFr+t) R. LaYLAUNT y.12] B NOW THIS INDE!VTURE WITNESSETH, that the said Mortgagor, to better secure the payment of the principal sum - set out in said promissory note, and interat thereon, and in consideration thereof. and far other valuabk considerations, has ~-a.ue.i, i,erg~ir.;d and wld and b7 thae praenb d°e's grant, barga'n and sell w said Mortgagee and to its succuw a d State f [orever, all that tertain parccl or piece of land lring and being in t6e County o[ $t. Lueie ~ Florida, more particularlp dacribcd as: Lot 20, Block 19, LAREW00~ PABK, ~NIT THRES, a Subdivision according to the Plat thereof, as recorded ia Plat Book 10, at pages 63 and 64 of the Public ~tecords of St. Lucie Conaty, Florida. STATE DOCUl~Y STAMPS AFFI%ED TO T8E ORIGINAL NOTS AND CANCSLLED. 800x 231 PACE 2510 ~-99 - - sa_`~:~`~~ } - - - ~ _ ~`e.~~'~` . .