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HomeMy WebLinkAbout1900 ~ ~ ~ 1lECENED ~ W PAYIIENT OF TAXE3 ' DI~ ON Cl/1SS'C INTAN6181E rERSONAI PROPER~'1. ' LOAN IVO. py~T TO p1AP'TER 71•131. 11GTS OF lyl1. ~l , - ' IIOGER 1'OITWI,C c~px ci~cu~ oou~. sr. wc~E oo, Fu?. Z 3~189 ~ ~ FLORIDA MORTGAGE THIS INDEIVTURE, made this Z~th dar ot February , A. D. 19 ~S by and betweeo WILLIAM A. AI~EBSOI~i SIId VBRNA L. ANDB~SOZi, h38 1?1fe ot the Countr ot $T. LUCZS , ia the State o[ Fbrida Mortaa6o~, and henuufter so designated and McCAITGHaiv MORTGAGE COMPANY. INC.. a corpontion ot We State oE Fbrida. havins its priacipal o[C~ce in the Ciq of Coral Gabta. State of Fbrida, Moftsasee, and hereinafter so daianated: WHEREAS ~he said Mortaagor is justly indebted to t6e said Mongaace in the principal sum of { FOBTY ONB THOOSAZID, FOUR HiJNDRBD AND NO/lw - nollia, as evidenced by s certain promi~oqr aote ot evu? date herewitL, the fiaal payment of wfuch u due on MSlCtI 1~ ~ 2~ a~ecuted br the 1~Iortaaao~ ~ aud delivercd to tAe Mort~ee. aoPl~ oE which is atached herew and made a part hereof. ~ ~ FIXED MONTHLY PAYMENT NOTE . ~ = 41,400.00 FORT PIERCE, Florida, February 20, , ~~S _ For value received, the undersigned joinNy and se~~etally promise to par to the order of I?icCAUGHAN 1?tORTGAGE COMPANY, INC., a Florida corporation; the principal sum ot FORTY ONE THOUSAND~ FOUR HUNDRED AND ~~00 41 ~4~0.00 with interest thcreon trom date, NINE (Z --1, pa~able monthly at the rate of per cent. per annum; the interest and,principal of this note payable in inswlments as (ollow-s: - Beginning on the iSt _ day of A~RIL , 19~ the sum ot S335.~i2 Do11an, and the same amount on the same day of each month thercafter until the ISt day of -March 2~04, . when the balance of the principal is due ahd ~yable. • The aforesaid tnonthly paym~nts are to be applinl first to int~rest at the rate a(orrsaid dut monthly upon the principal suro or so much thereof as shall frorn time to time remain unpaid, and the balance ot each monthly paymcnt shaU be applied on account ~ of principal. , All instalments of int~rcst and principal are payable at the of[ice of the pa~ee in the Citr of Coral Gables, Florida, or at such other place as the holder h~reof may designate in writing, in law(ul money o[ the United States of America. If anY of said instalrnents of interest and principal shall not be paid when due then ehe entire principal sum and accrued interat shall become due and payable at once, at the option of the legal holder o[ this note. F.ach mak~r and endorscr ..•aivrs the right of exemption under the Constitution and lavrs of Florida, and each maker and endorser waives demand, protest and notice of maturity~ non-payment or protat and all requiremrnts neceuary to 6oW each of them liable as makers and endorsers. ~ , , , It is further agreed that each maker and endorser, joindy and severally, shall par all costs of collection, induding a reason- _ able attorney's [ee, on failure to pay the principal of this note or anr interat thereon at maturity. This note and aU sums due # thereunder shall bear interest at the rate ot ten (10) per cent. per annum Irom due date until paid. , It is lurthcr agreed that each maker and cndoner jointlY and se~erally herebe consent to any extensions or renewals or ; modifications of this note or any part thereof without notice, and each maker and endorser agrees that he will nmain liible as + such during any utension or renewal or modiiication hereo( until the debt represented hereby is tully paid. # Pri~•ilca~ is gi~•~n to prcpay i~ full after one year from th~ datc o( the mort¢aqe upon payment of a sum equal ta 3';c durinq ~ th~ 2nd yc:+r; 2'/a`.i during the 3rd y~ar, 2~~ during the 4th ye~r; 1%ar/a during the Sth year, I•~c during 6th year to maturity. All ~ arc based on the oriqinal amount o( the nwrtgage. This note is secured by mortgage upon real m r~n ST. LUCIE COUNTY, i P P~ ~Y ~ , Florida, and this note is to be comtrued urnrding to the laws oE Flotida. I 3 ~ ' (SBwi.) /s/ WILLIAM A. ANDERSON (SEwi.) . ? i~IILLIAM A. ANDERSON s s ~ (Sr.wt.) /s/ VERNA L. ANDERSON (SEwt.} ~ ` VERNA L. ANDERSON ~ 11.12~ • ~ ~ - ~ ' NOW THIS INDBNTURE WITNESSETH. that t6e said Mortsaaor, oo bettv xcure t6e pa~ment of the pcincipal wm ~ ' set out in said peomis~ory note~ and intereK tLereon, aad ia consideration thereo[, and for other valusble ooosidmtions, 6as ~ ~ and wW and t6ese b does ~AEa E~ 6~~~d. b7 P~ 6~~~. ~6~+a and seU ~o said ~t aad W i4 wcceaon and assi ~ [orrver, all that certain pand or piece d l~d Irina ~nd b~~~a in the County d $'r .~CIE ~ S~~ ~ Fbrida, moce particularly deacribed as: ~ ~ Lot 4, Block 40, I.AREWOOD PABK, UNIT FIOE, a Snbdivision i e according to the plat thereof, as recorded in Plat Book 11, r at Page Five, of the Public Records of St. Lucie County, Florida. ~ : ~ , ~ z . 1 STATE DOCUI~ENTABY STAI~S AFFIXED TO T~ OBIGINAL NOTE AI~ID C~ArICELLED. ; ~ t : 1 i ~ } 4i ` O R ~j 1 Q THI$ INSTP,UN.EVT P4FP.4R~D er. nAT.F L•. HARMRSON BOOK~V PAGEiV~ ABSTR~~GT TST~c CORP OF FIA. ; i08 S. 21'fD ST. FORi PIEFiGE. ?IAAIDA f ~ ?3 ~ ~ k ^S~C+ 1 ~ S ~ .~~P* l -F'`]ra::. ~'9u~~ _C .-.1 }-.e. ~ . . , ~ . ~v.- _ . .