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HomeMy WebLinkAbout0309 )i 1 i 1 ' . ! - i r ~ " . ~ - _ ~ ' ~ • ~ - , 3 t . SEP ~ - ~ 34442~ ~ ~y;~ , rHts u~~ru~E ~.d. lbtti ~y ~ August -/?.o. t91.b_. b.+w.«+ • Thosas P. Griaes and Raylene C.~6rii~a: bis ~e af - St . L 11C ~B ~ C,p~~y Flaida, here+aahw desipnahd as T f FEOERAI SAVINGS AND IOAN ASSOCIATlON OF FORT PIEkCE, ~ oapotatioo wyar~ed ~nd ~xistinp urwlK the laws of tlw Unihd Saqt of /bnKita +~nd hwMp Ha printip~l plao~ of buNMSS b th~ Ck1? of fort Pi~?a~. St. luci~ Cow?ty, fbrida. Iwr~iiiaha deaipnsud as tM "MORTGAGEf.'; ~?s NwrtTCr?co~ k iwtN ~a.~.a w++» ~ioRt~%oe~ ,w,~ of s 63 t-400.00 ~;~«+a i~?r„~ m«,.y or ~ u„~+.a States advanced by the MORTGAGEE vi+to th~ MORTGAGOR, as wida~ced by ~ certain promissary . ~wq of tvw? dat~ I+Kewitf~, of which th~ fdlowiny M word~ a~d ffpwes is s hw copy, to-wit: " ~ 1 $ 63,900.00 . No. 10022112 Fort Pierce, Flori,da, unust 16 , 19 ~'76 " For value receiv~ed, I, i,re,or either of us, promise to pay, xithout defalcation, to the order oP FIRST FEffiRAL SAVINGS AND LOAN ASSOCIATION OF FORT PIBRCE at Fort Pierce, Florida, the sum of $ 63~900.00 ~rith interest from date at the rate of 8.75 ~ per annum, in manth~r installa?ents as folloxs: $ 526.00 ~ t~ lOth day of O~ctober , 19 76 and a like sum at1 the corresponding day of each month thereafter until ths xhole be ful~y paid. Each installment first shall be applied in pa~rment of the interest and then on the unpaid balance of the principal snm. If default fa made in the payment of ar~r install.ment Hhen dus, and such default continues 30 daps, then at the ogtian of the holder, and -riithout any other notice, all ths remaining instal].ments shall be due and paqab7.e at once. Privilege is given to prepa~r this note in Whole or in part at atly tirae arithout penalty. Neither forbearance, nor acceptance by the holder thereof after anq default in any payment hereon, sha21 be dee~ed extens~on. A lats payment charge of $ 26.30 shall be assessed the 26th day of the month, if a regular business day, or, if not a regular business day, then the next business day, on each ~ monthly instalLnent not then received. . Each maker, surety and endorser hereof, 3ointly and severally, xaives dernand, preser~tment protest and notice of protest for nonpayment, and further agrees to any ~ extension of time of payment, either before or after ~aturity, tirithout notice to anpr of us; and to pay all costs of cQllect~on, including a reasonable attorney~s fae in the event of any default hsreunder, and hereby several],y Waives all benefit of hoaia- stead and exemption under the constitution and laKS of each State of the United States, as against this obligation or any extension or reneWal hereof. ' . . ( SE}~L) - s honas P. Griaes State docum~:ntary stanips in the (SEAZ) amount of $ 95.85 a~ ~ • (SEAL) affixed to the mortgage secur8d s Fay ne C. Grises hereb~r. ( sEAL ) 800z ~5'7 PAGE 309 - _