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HomeMy WebLinkAbout0452 ~ ~ : 34f ~ : . ~ , , ~ TMIS INDENTUStE, M+de rne 2 8th a.y or ~e ptembsr ~ ,,~p. 19 76 ' Dorothy E. LatKa iti s, a s in gle, actta Zt of St. ~.L1CiE' County Florida, hKeinafter designated as the "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, a mrporation ayanized and exisliny under th~ laws of tM ltnited Statp of MMriu snd Fwvir~ it~ priotipal pi~ae of busineu in the Ciry of forl Pierce, St. lucie County, Florida, hereinaher deipnated as tM "MORTGAGEE." WHEREAS tM MORTGAGOR ia justly indebted to the MORiGAGEE in tha sum of ~ , good end lawful mon~y of tM Unit~d Statcs ~dwnced by the Mt7RTGACaEE unto the MORTGAGCR, as evidenced by a cert~ln promissory ncte of even date h~rewith, at which tFu folbwinp fn wwds and fgures is a rrue copy, to-wit: 5 11,COC.~O - No. 01-23001637 Fort Pie.rce, Flori.da, September 28 ~ 19?E For value received, I, xe,or either of'us, promise to pay, without defalcation, ~ to the ordsr of FIRST FE~~RAL SAVIP;GS AND LOAN.,ASSOCIATIOY Or FORT PIERCE at Fort Pierce, Florida, ths sum of $ 11,C~C~O•00 xith interest from date at the rate of C % pe r annzun, in ~r.onthly installmettts as follows : ~ 99.0~ on the I~t~~ day of tiovemb~r , 19 76 and a lil;e sn:a on the corresponding day of each month thereafter until_ the whole be fully paid. Each installmPnt fir~t shall be applieci in payrPnt of the interest and then on the unpaid balance o£ the pr3ncipal sum. If default is made in the pay-teent of arry in~tallment When du~, and such dsfault contiri~,:es 30 da~s, then at the option of the }iolder, and ~~ithout any other notice, all the remainin~ installments shall be due and pa~~able a ~ once . Privile~;ee is given to prepa,y this note in whole or in part at any tir.~.~ ~.rithout p~~nalty. tleithsr forbearance~, nor acceptance b,y the holder thereof after any ~e~'ault in any payrr.ent liereon, shall bs deemed extQnsion. A late payment charge of $ lt•9K shall be assessed the ?6th da,y o£ the ir.onth, i£ a regular b;:~inzss day, or, if not a regular business day, then the r•ext business day, on each nonthly installrr~nt not then recsived. Each naker, surety and endorser hereof, jointly and severally, waives demattd, pres~ntrPnt protest and no~ice of protest for nonpayr~ent, and further agrees to any ex.tension of time of payr.~ent, eithsr b~fore or after maturity, frithout notice to any ot us; and to pay all costs of eellection, including a reasor.able attornep~s fee in the event of any default hereundsr, and hereby severally waives all benefit of home- stead and exer~ption under the constitution an~ lak•s o£ each State of the Unfted States, as against this obligation or any extension or reneWal hereof. I?oroLhy E. "Latwaitis, a single (SEAL) _ State docunentary stamp . in t~ (SEAL) anount of $ ~f,.r0 arc ' (SEAL) affixed to the rortgage secured ~ C haretro. E~ ~K ~V~ Pac~ 448 ~ rSFeT_1