HomeMy WebLinkAbout0276 w
~ti :
~
y-~63~s ~
THIS INDENTURE, lMde rhe 1 Sth ~Y of ^ S~}~bCZ j, ~r ' t'~ A.D. 1976..,, betwNn
Vadas.J. Yarbrough and Barbara B. Yarbrough, his wife,
St. Lucie ~ `
of Carnty Florida, hercinafter designstcd as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AN~ IOAN '
ASSOCIATtON OF FORi PIERCE, • corporation ay~niud and exi~ting under Ihe laws of th~ United 3t~t~s of Americ~ ~nd Mviny its principal plat~ of
businsss in tM City of fwt Piacs, St. lucie Couoty, Florida, hcreinafter deaiynated +s tF+a "MORiGAGEE:' . }
WHEREAS the MORTGAGOR is ju~tly inclebted to the MORTGAGEE in the sum of = 37 ~ 2O~ 9ood and lawfd money of the Un~ted
S+ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s certa~~ promissory oote of even date herewith, of wh+ch the followinp in
~v~~ui .1e~u Tiyv~es .s i i~v2 C~3Ml, iCswii: .
c 37, 200 .00 No. 23001017
, Fort Pierce, Florida, September 15 , 19 76 "
For valu? received, I, wa,or either of.us, promise to pay, without defalcati~n,
to the ordsr of FIRST FEI%~f~AL SAVI?iGS A~D LOAN ASSOCIATZGIv Or FORT PIERCE at Fort
Fierce, Florida, ths si:m of $37,200.00 with interest from date at the rate of
~ 8.'75 ~ per ar.m:m, in t~.~nthly ins tallmsnts as follo•.rs 306 .00 on ths
10`,.h day of Nover~ber , 1976 and a like sum on the corrnsponding day of
e~cY: nont~ thPreafter ur~til tha ~;'~ole b~ fully paid.
i ~sch install~r,~r.t first shsll b~ applied in payrt:Ant of the interest and then on
~ thn urpaid balanca of ths pri:~cipal sun. If default is made in the payrent of any
~ ir:taYl:~enL when due, and such d~fault continues 30 day-s, then at the option of the
heldc~r, and ~iithout any other notiep, alI the rer~aining installments shall be c3ue and
; pa::ib~.P, at once. Privilege is given to prepa,y this note in whole or in part at any
~ ti:~~ ~~-ithout penalty. Pieith~r forb3arar.cg, nor acceptance b,y the holder thereof
_ . af~-:r an,y ~efault in any payrr.ent herear., SI732I be C~PP.T~P.d extension. A late paym~ent
' cha:ge of $ 15.30 shall h3 assessed the ?bth day of the month, if a regular
b•~~innss day, or, if nat a re~ular b~asiness da,y, then the nex.t business day, on each
r~:;thly installrent not then r~~c~ived.
~
~ Each maker, s~srety and endorser hereof~ ~ointly and severally, wafves dat~and,
pi~;s~ntrPnt protest and notice of protest for nonpayment, and further agrees to any
ex.tensioa of tir.~e of payr.~nt, either before or a£ter maturity, Without notice to any
~f us; and to pay all costs of collection, including a reasor_able attorrtey's fee in
~ the event of any d~fault hareunder, and hereby severally Waives all benefit of hozr,s-
stead and exe~r.~tion under th~ constitution and laks of each State of the United
S~at~s, as against this obligation or any extension or rene~al hereof.
S/Vadas J. Yarbrouc~h (SEAL) ~
' Stat~ dxur~~ntar,y stamp:~ in t}~.~ (SEAL)
a~ao~.nt o£ ~y 55. 80 are S/Ba rbara B. Ya rbzough (SEAL~
a£fixYd to the rortgabe secured
hareby. n.~ (SEAL )
~~_R..7~1~ o~rc / /.1