HomeMy WebLinkAbout0861 . ~ 3407 ~
. 19
~ ~ ' ~ - .
THIS INDENTURE, Msds the 231d d+y of `July 19 76
ly;v L. Chapman~ a sing,le adult
of St • I'uC e Covny Flaid~, F+ereinafte~ designated as the "IYIORiGAGOR," and FIRST FEOERA~ SAVINGS AND LOAN
ASSOCIATION Of FORT PIERCE, • capaation ap+nised ~nd existing ~nder the laws of the Unitad Sut~s of M~erica a..d hsri~g 3ta principal plaq of
twsin~ss tn tM Ciry of Fort Pierce, St. lucis County, Fbrida, hereinafter deaiyn~ted as th~ "MORTGAGEE." ~
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s good and lawful money of the United
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a tertain promissory note of even date herewith, of whith the fot{owinp in
words and figures is a trve copy, to-wit: '
Y 48 ~000 . 00 I~~o . 11000445
Fort Pierce, Florida, July 23 , 19 76
For value receired, I, we, or eiLher of us, promise to pay, withaut dafaZcation,
te t.h~ o~der of FIRS'P FEr~P.P.L SAVIlIGS AivTD LOA*I A~SOCIATIG:: Or FORT PIERCE at ForL
.Pic~rce, Flarida, th~ s~im of $ 48~000.00 With interest f-rom date at the rate of
9 ~ p~ r anmun, in Yr:onthly ins tal2mznts as follows : $ 40 3.00 on ths
~ 1(1;h day September , 19 76 a*~d a lil:e sun on the corresponding day of
i
f
j each i:~~nth therea f te r unt il tha whole ba fully pa id .
~
~ Each insta~lr~,~nt first shall be applied in payr~nt of the interest and then on
f i`~~ u?:~aid balanca of the principal sum. If default is made in the pa,yrt:ent of a~
i:rtallr=piit Khen due, ar_d such default continues 30 days, then at the option of the
hold~ r, and `lithout any other notice, all the r~er~aining instalLr.ents shall be due and
paya'~?_e a ~ once . Privilege is given to prepa,y this note in Whole or in part at any
ti~-p ~•rithou~ ~nalty. NPith~r forbearar,ce, nor acceptance b.y the holder thereof ~
after ?n;; da~'ault in aay paylr~ent hereon, shall be deened extension. A late payraent
chai•~e of $ 20.15 shall be a:~sessed the ?bth d3y of thP month, if a r~gular
bu~in~ss clay, or, if not a regular business day, then ths next business day, on each
~ nor.~:~3~~ install:r~nt, not th~n received.
~
~ ~{cn :^.:~ker, sarety and endor~er hereof, jointly an3 severally, ~raives dQis:and,
~ pr.~..~nt-,pn~ pratest ana nota.ca of protest for nonpayment, and further agrees to any
~ ex±~r~sion of tir~ of payr~r:t, either before or a£ter maturity, •aithout notice to any
~ of us; ar.c'. to t ay all co~t.~ of collection, inclt~dilg a reasonabZe attorr:ey's fee in
~ tr:e evar:+, of a:~y c'.::f~ult h°reun;iar, and hareb3• s~vsralZy Kaives all benefit of hc~t~-
~ st-ead <~?n3 ax~~:~ption undsr tne consti~ution an~ law•s of each State of the United
~ S%a=.~~:, as ainst this obli~atio:Z or any er.ter.sicn or renswa2 hereof.
~
~
~ '
~
~ S/ May L. Chapaan, (SEAI,) ~
~
; a single adult
State clcct2l.l'?21t.1z;~ star;ps in t~~ (SEAL)
~ a;^~~~int-, o:' $ 72.00 ~ are (SEAL)
~ affi~f~d to the r..~rt~a~~ sac~tre~
~ ha r~,`:y. ( SF'1L )
~ ~;~_c P'AGE L3J~ .
~
~
_
. . ~ _2=~
. , ~
.L~`i - _ " _ ~i^~.~
. . _ . ~L Sy-S-i~