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THIS INS7Rtl~~E`JT PREPARFDCO~P AF ~LA.
/~£,~Ti2.>C T ~ ,rFOFtT P~ERGE. FLAR~DA
105 5. 2N0 iT.
LOAN NO.
FLORID~? MORTGAGE~.
THt3 INDENTURB. made c6;• 15th day ot NOVeIDbei . A. D. l9 7~l?
by and becween ARTNUR J. MOREL 8nd G80RGE1T8 MOREL, his taife .
ot thc Count~ ot ST . LUCIE , in the Sate ot Fbrida Mor~aso~, and herei~atter w da'~'ted aad McCAUCHAN
MORTGAGE COMPANY. INC., a corporapon ot the State ot Florida. bavins ia priacipal otfice ia the Citr of Coral Gables, -
SWte of Fbrida, MoreBaEee. and 6enina[tu so daianaced: a
WHERBAS the said Mortaaaor a jusdy iadebtcd to the said Mo~asee in t~e priacipal sum ot
THIRTY SIX TROUSAND FOUR HUNDRED aad ao/100----------------'-"~" p~,~
~:~p peom~oq, note of evea date hesewith, the [iaal pannent of w}uc6 is due on NOVENiBER 1, Y~C 3Q03
a~ecuted by the Mortssaor
aad deliverod to the Mortaaaee. coPY of w6ic6 i~ attsd~ad 6erew and ade a part hereoi.
FlXED _ MONTHLV PAYMENT NOTE
. ts
- -
36 , 40Q . 00 • FORT PIERCE ~a~ NOVFZ~IBER 15 , 19 74_ ~
i
romise to par to t6e orda of McCAUGHAN MOR
~~100 ~
For value. received, the undersigned joindr and severallY P~ IRTY SIX THOUSAND FOUR HUNnRF.I? atld
i
COMPANY, INC., s Florida corponcion, the principal sum ot 9 3/4 ~
36~4~0.~~--~-~`f~ ~terat. the~eoa from date, payable montWy at the nte of per cent.
pe~ annum; the interest and principal of tha note payaWe in insulments as follows:
- ~
D~cember , 19~_ che wm of S311i.58----- Dotlars,
Bcgiming on the lst day o( ~ ~
and thc same amount on the same day oE each month thereatter until t6e 1~~--- day of U"°°"'~`Pr , 1~@ 9nn'~
when the balance oE the principal is due and paqable. {
The aforesaid monthly paymeau are to be applied Crst to interest at the nte aforesaid due monthly upon the principal sum t~
or so muc6 thereof as shall from ume to time nmain unpaid, and the balance of each monthlY PaYment shaU be applied on account
of principal. ~
All instalments of interat and principal are paYable at the office of the payee in the Citp of Conl Gables, Florida, or
at such other place as the 6older hereof may daignate in writin8, in lawful money of the United States o( America. If any ~
of said inswlments of interest and principal shall not be paid when due t6en the enti~e principal sum and ucrued interest shall ~
bccome due and payable at once, at the opf~oa of the legal holder oE thia nota s
Each maker and endorser vraives the ri8bt of exemption un~~ o e Coa i~a
~ ~Uemenu~naecessary to~hold each of ~
endorser waiva demand, protest aad no.tice of maturit7. oon-Pal~m ~ ~
them liable as mal~en and. endorsers. .
iI all oosq of collectioa, induding a reason- `
It is further agreed that each mal~er and endorser. joindy and teverallp, sl+a~ Wr ~
able attorae~s tee. on [a~lure to par the princiPil ot this note or anp iaterest thereon at mawritp. This note and aU :ums due r
thercunder sha11 bear interat at the nte oE tea (10) per cent. pa aiu?~m from dne date until paid. ~
It is further agreed that each maker and endorser joindr aad xveraqy hcreb7 ooateat LO at he wiU remain li
ble as
nwditications of this note or any part thercof without aocice. and each ma1cu and e td~O ~~~r ~d.
such durin8 an7 extension or renewal or modification hereo[ unu'1 the debt represen
Pririlege is given to prepay in fu l] a(ter one ycar from t
h e d a t e o
f t h
e m o
r t g a g
e u p o
n p~
y m e n t o f a s u m e
qual cv 3r/e dureng
the 2nd year; 2~/s`/o during the 3rd year; 2~lo during the 4th year; 1'/:% during tlte Sth year; Ir/o during 6th year to rtiaturity. ~111
arc baxd on the original amount of the mortgage. ST . LUCI ' COUItTY
u A~~~~ ~ Florida, and this note u to
'I'bis note is secured bY 3a3~ Po
be tonstrued accordiag W the laws of Fbnda. L%~Z~
~S~~ 'j ~ ~ (SEwL)
pRT} _ J . t10
(San~.) ~S (S~?L)
TT REL
w•~za s
NOW THIS INDENTURE WITNESSETH. thu the said 2dort6aaor, m bettcr secure the payment of the prinapal sum
xt out in said promis+orl? note, wd interat thereoo, and in aomi~~sb°° ~d tor other valuabk considerations, has
granted, bargained and w1d and b~ thae presents doa ~ant, barSain and seU w said Mortaagee and w its succeswn and a:signs
forever, all that certain parcel or piece of land 1pin8 and bei+?B 1~ CO1°h' °f St. Lueie and State of
~ Fbrida, more particululy dauibed as:
~
Lot 17, Block 17, LAKEWOOD PARK, iJNIT THREE, according to the Plat thereof,
as recorded in Plat Book l0, at pages 63 and 64 of the Public Recorda of
St. Lucie Countq, Florida. _
STATE DOCEMENTARY STAMPS AFFIXED TO THE ORIGINAL NOTE AND CANCELLED•
Il~7V~ ~
?ROrE~
OIE ON d1~t 'C INUN~~
~~T ~p q1APtE!t 71-134. IrCiS OF lbll
R ~j .!.f~ M~Tr~ ~ c
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