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HomeMy WebLinkAbout0349 j f ~ r ~ . ~ . ~ ~ • _ ~ j r _ ~ ~ / t. \ CORRBCTIVB MORI~GAC~ ~~J+ 3~4452 ` 3 ~ • aetn J,~y ~q~b . ~.+w...? ~~s ~.a. ~ ~ Peter M I.es~inQ.~i'~c s a Rlori~ Cornorst io~ ~ St . j.t~ i6 CpiMy Flaid+, haeirwftK desiyn~ted as tM "MORTGAGOR." ~+d FIR51 FEDERAL SAVI!VGS AND IOAN ASSOCIATION OF fORT PIERCE. ~ oaporatan o.yuux.d and exisr&g w~d.. ~h. I+ws of th. Uni~.d S~ar.s of M~ica snd h+vin~ h+ P?indP+~ P~O~ °f bwinas b tM Gty of Fort Pi~rp. St. lucie Count7l. florida. hK~in+fta~ desip~aNd a th~ "AhORTGAGEE." WHEREAS tM MORTGACaOR is juul~r indebted b th~ MORTGAGEE in tM wm of : 49 ~ 6~ _~ood snd lawful mon~y of tl+e Unifed Satp sdv~rrc~d by the MORTGAGEE un~o the MORTGAGOR, as evidenced by a urtain promiswry rw~e of even date herewith, of wtiKh tM fdlowinp in vrordt u+d fgvres is s tow copy, lo-wit: . $ 4_ q_ ~6pp~pp No. 10022061 Fort Pierce, Flori~da, _,Tulv 26 ~ 19 76 ' For value received, I, r~e,or either of us, promise to pay, Without c~efalcation, to the order of FIRST FEIISRAL SAVItiGS AND IAAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of $ 49,600.0o irith interest fro~ date at th~ rate of ~8.75 ~6 per annum, ir? monthly install~ents as folloxs: $ 408.D0 on the lOth day of Nove~aber , 19 7b and a like sum on the correspot~ing day of each mantr. thereafter until the Whole be ful~,}r paid. ! Each installment first shall be applied in pay~nt o£ the interest and then on t the unpaid balance of the prir?cipal sum. IP default~ is snade in the papment of a~r ~ installment When due, and su~h default contfnues 30 @ags, then at the option o~' the ~ holder, and without any other notice, all the ren,aining install.ments shall be dua and - payable at once. Privilege is gi•~en tc~ prepaF this note in Whole or in part at at~r time ~3thout penalty. Neither forbearance, nor acceptance bq the holder thereof after an;~ default in a~ payment hereon, shall be deemed extension. A late payment charge of $ 20.40 sha11 be assessed the 26th day of the month, if a regular ~ bLSiness day, or, if not a regular business day, then the next business day, on each m~n~hly installment not then received. . Each maker, surety and endorser hereof, 3o3ntly ~nd severally, waives de~nd, p~:sentr,ent protest and notice of protest for nonpayment, and further agrees to a~y er.t,ension of time o£ payment, either before ar after maturity, s~rithout notice to ar~ i of us; and to pay all costs of collection, including a reasonable attorrtep's fee in ~ ths event of any default her~under, and hereby severallp xaives all benefit of hoire- ' stead ar~d exemption un~er the constitution and layrs of each State of the IInitsd ; Statr3s, as against this obligation or~anq extensial or reneWal hereof. PE?SR M. LSAMING, -INC . BY: /„~',,,~,t~e*_- M. I.Q~sinQ,, PreRident_,~~E~~ Stat,a docur~ntary sta.+~ps in the ~5~~~ F an?ount of $ are ~ ATTEST: s/ Brenda E Leasfna. Secretarv~SEAL) affixed to the mortgage secured reasu e he•reby. (SEAI,) ~ ~ ~oax 2~7 ~ 34 ~