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HomeMy WebLinkAbout2258 ,~l 1'7t~4}tfU'~ ~~'~~4 ~green~e~t ;~ot ~o ~~t~cu~n~e~ or ~ra~t~fer ~~~A ~~`•iW~i~ Made thia .....7th.......... day ot ...................~une.._......................••-...., A.D. 18..~4..... between WILLIAM N. WEST AN~ NANCY WEST~ HIS WIFE ot......-• ..................Cax~t~. Stace ot hereiaafter called BORROWEAS. and FIRST FEDERAL SAVING S AND LOAN AS.SOCUTION. ot Okeechobee CouMy. a savinEs and loan associatioa orgaairsd and ezisting under the laws o[ the lldted 90ates ol Ameriea, with its ofCicea and priacipal place d busiaess ia We City o[ Okeechobee. Okeect~obee Cauaty. Florida hereinai'ter called AS.SOCIATION. WITPIESSETH. 1Lat tot B~d and valuaWe considera2ion. and slso ia cousideration o[ tJie aggregate sum n4med in tbe promissory uate~ ot evea date 6erewith d wfiicD the [allowin~ in watds sud [i~urea is a ttve copY. to-wit: FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF OKEECHOBEE COUNTY PROMISSORY NOTE _ _ . . .6, 23!±. $2• • - - • • • • OKEECHOBEE. FLORIDA . . . . . . . • • • . . . J une . ) . , . . , . . . . . 19. ~4 Being indebted. tor value received, the undersigned ioiatly and sevecallY Pl''omise to PaY to the order o[ FIRST FEUERAL SAVINGS AND LOAN AS.SOCIATION, ot Okeechobee County, a savings and loan association orBaaized aad extstiag under the lavts of the United States of Americ~a, at its otGces in the City ot Okeechobee. Okeechobee CouncY. Flatid~a~. the P~cipsl sum ~ ---Six Thousand Two Hundred T~irty-Four and 82/100---------------- 6 234 82 ...............................•---•--------------.._........._..-----•-•-----•----------•----....-•-----------------------------•-----......._....__..........---DOI.I.ARS (t_.----~ to be paid in monthly i~tallznent~ oE"~ne..Hundred Three and 91/100------.---Dp~,~,pgg ~_..._..._]_Q3.~9.1___........) each beginning on the....---~Oth••---•day of.....--•--•-•-•~V.I.Y 19--7~-•--- end a like installment on the same date in each month thereafter until this note is paid in full. Pre-payment oi unpaid balance may be made at any time without penalty. Time ia of the essence and if default shall be made in the payment of said sums of money. or any part theteof. as pro- ~•ided in this note, or if the interest that may bec.~ome due thereon, or any part thereof. shall be in default and unpaid for a period of fiEteen (15) days, or more, then and in that event, the holdQr shall have the option to accelerate the entire unpaid balance ae immediately due, payable and rnllectible, without notice. While in default, thia note shall bear interest at the rate of ten (10°J ) - per cent per annutn. All makers and endorsers now or hereafter becoming parties hereto jointly and severally waive demand, presentment, notice of nonpayment and protest, and agree that if this note becomes in default and is placecl in the hands o[ an attorney for collection, to pay reasonable attoroey's fees and all other costs fos making such collection, and convents that this note or any part hereof may be e~tended without notice. - • (SEALI /S/ Wi 1 1 i am H. West (SEAL) I 1•~. w r.. ~ (SEAL) •-----.../S/---•-----•-••-._Nancy--West-•-------• (SEAL) f, - - i { The said "Borrowers" jointly and severally agree ihat until said note and any e:tension or renewal thereof and also any } anri all other indebteclness of the Borrowera, or either of them. to Association, whether joint or several, heretofore or hereafter inrurred and without regard to the nature thereof, shall have been paid in full or until 21 years following the death of the last sun~vor of the undersigned, whiche~•er shall occur first: 1. Borrowers wili pay all tazes, assessments, dues and charges of ~ery kind, imposed or levied, or which may be imposed or lea~ed upon the real and pereonal property prior to the time ~vhen any of auch tazes, asseasments, dues or charges shall become delinquent: and 2 Borrowers will not, without the oonsent in writing of Association first had and obtained. (a) create or pemnit any lien or other encumbrances (othzr than presently e:isting liens and liens securing the payment of loans and advances made to them by Association) to exist on their property, real or pereonal, now owned or hereatter acquired, or (b) tranafer, sell, hypothecate. assign or in any manner whatever dispose of the said property, or any interest therein, including sperifically but without limita- ticn. the foltowing described real pmperty. situated in the County o[ .................St: Luc i e------- State of Florida, d~cribed as follows: Lot 5, Block F, MARAVILLA ESTATES, according to the plat thereof recorded in Plat Book S, page 77, Public Records of Sti lucie County, Florida. ~ ~ ~ ~ . ' IN P1IYMENT OF T1U(F3 ` ~ ~ ph ~LJ1SS'C' I ANGIBLE PE°.~OtiAL Pf!0?ERIr, ~ ~ ~ ~ pu~Wtti TO CFi~PTER 71-134. ACTS OF 11r11~ ; RpfER POITRl1S ~ pERK CIRqIIT OOUitT. Sj. WCE CU, EUl b00K ~ PAEf ` ~ ~ - _ ~ ~ ~ ~ - ~ ~ ~ ~ _ . , _ . _ , _ ~