HomeMy WebLinkAbout0878 .
~ 340 ~ 2,i
THIS INOENTURE, Made the23rd dsy of July A.D. 19_L=, between
Gar L. Frice and ean Fa Price, his wife :
~
of • t`Cle County Flwida, hereinafler designated as the "MORTGAGOR;' and FIRST FEDERAL SE?VtNGS AND IOAN
ASSOCIATION OF FORi PIERCE, a corporat~on organized and ex~sring unde~ ~he laws of the Uniled Statos of America and having iri principal place of
busineu in ths Ciry of Fwt Pierce, St. lucie County, Fbrida, hereinafte~ designated as the "MORTGAGEE."
WHEREAS the AM1ORTGAGOR is juitiy indeb+ed to the MORTGAGEE i~ the sum of S~~1-6~~ good and lawful money of the United
States advanced by the MORTGAGEE unto the MORTGAGOR, as evicknced by a certa;n promiuory note of even date herewith, of which the folbwinp in
•~.ords and Figures is a trw copy, to-wit: .
: ~
~
~y' ~J~~. ~1~ • 1~0. 1~~22~1~~
Fort Pie rce, Florida, ~ u_Y 2 3 , 19~
For value received, I, we,or either of us, promise to pay, without defalcation,
to the order of FIRST FEILRAL SAVIl3GS A?ID LOAN ASSOCIATIO~ Or FORT PILRCE at ~'ort ~
;
, j
Pie rc~, Florida, th~ su,T oF ~ 33 ~ 6n~ with inte*_~st frcm date at tlze rate of x
~
9.~ ~ per annnrr?, in ~:onthl;~ installments as follo:~s : $ 2~2 • on thz ?
i
~ lOth day af Septerr.ber , 19 ~6 and a like sun on the corresponding day of •
i
each m~nth thereafter until the Khole be fully paid. -
~
~ Each installr.ient first shall be applied in pay~:nt of the interest and then on
k the i:r.oaid balance of the principal sum. If default is made in th~ payrent of ariy
~ inrtallr.~ent When due, and such default continues 30 days, then at the opt~on of the
~ holder, and r~ithout any other notice, all the ~maining installments shall be due and
payable at once. Privilege is given to prepa,y this note in whole or in part at any
~ tir:s k~ithout penalty. h'either forbearance, nor. acceptance by the holder thPreof _
after any de~'ault in any payr:ent hereon, shall be deer.r~d extension. A late payr:~el~t - ;
~ cY,arge of $ 1~ . 10 shall b~ assessed the ?6th day o~' the month, if a zw~ular `
~ business day, or, if not a re~ular business day, then thn r.ext b•1sir~ess d3y, on each
~ monthly install:•~nt net t~ien received. ~
~
~ ~
~ Ea:.h maker, surety and ertdorser hereof, jointly and severally, waiv~s c3~r~ar,3, `
r:~:sentr~~nt prot~st and notice of protest for nonpa;~rpnt, and further agr~es to 4ny
er_tv~zsio:~ of tir:~ of payirr-.nt, either b~fore or after r.~aturity, witlic,ut notice tu any
< of us; and~to Fay a21 costs of cellection, includ?:~g a reason~bl~ attorney's fee in
i t?~~. event of any cefault hereunder, and hersby severally Waives all b~nefit of hcT~-
st~ad and exer~ption under the constitution an~3 l.aks of each State of the United
~ S~ates, as a~;ainst this obligation or any extension ~r renewal hereo~.
~ •
s
~ ~ -
= ~ S/ G~~ry L. Frice (S~AZ.) ~
~
~
y State docwr.ent,azy stamps in th? (;EAL)
~ amount of ~~0.l~~ are S/ ~ean ray Price ~ ~
; ~^~;,~y~
R: affixed to E:~e r.:~rtgage secttr~d
' harebY ~ C~C~ Q (SF,AL) ~
~ • C..~ ~VV fAGE V
~
~
~
~ _ _ ~
~ -
-~x , r ~ v _ . ~ _ ~ _ . . . ~..~*R