HomeMy WebLinkAbout0455 - i , , , _ _ _ _ _ - . - - - `
, 3~f~~~6 , , c~
. - , : ~ . .
THIS INDENTURE, IWde th~ 16th d~y of S~t~~= A.D. 19
76 bNw+M ~
O C. ?hoanson and Lucill~ ?ho~DSOn, h s w e - ~
~ . ~
SZ . Lucie Cp~~y F~;~, ~~inaftsr d~sign+ted +s the "MORTGAGOR," ~nd FIRST FfDERAI SAVINGS AND LOAN
~?SSOCIATION OF FORT PIEIKE, • corporation or~anued +nd ~xiifi~p unde~ tM taw~ of tM Unit~d Sfat~s of Armriu and havinp ifs ptincip+l plaq of
busernss i~ tM City of Fort Piarce, St. tucis Covnry..Florida. her~inaftH desiqn~t~d ~s the "MORTGAGEE."
WHEREAS tM MORTGAGOR is justt~? irKisbted to the MORTGAGEE in the wm of S 36+~0•~ yood +nd I~wful ma»y of 1he United
Srates advanced by tM MORTGAGEE unto 1he MORTGAGOR, as evidenced by • certsin promissory note of even dafe herewith, of which ths' fdlowinp in ~
wads ~nd fipur~s is a trw copy, to-vrit:
w 36.000.00 No.Od-23001132
Fort Pierce, 'r'lorida, i~~~esber ~6 ~ 1976
For value received, I, we, or either of us, promise to pay, xithout ciefa3.cation,
! to the order of FIRST FED~RAL SAVINGS AND LOAN ASSOCIATIGN OF FORT PIERCE at Fort
i
~ Pierae, Florida, the sum of $ 36.000.00 xith interest from date at the rate of
- .
4
8.75 ~ per annum, in monthly irtstallments as folloWS: $ 296.00 on the
s lOth day of Novesber , 19 76 and a like sum on the corr~sponding daq of
r
each month thereafter until the Whole be feilly paid.
~
~:ach install~nt first shall be applied in paym~nt of the interest and then on
the ur;paid balance of the principal sum. If default is made in the pay-ment of any
in~tallment when dus, and such default continues 30 days, then at the option of the
helde r, and without any other notice, all the remaining installments shall be due and
payable at once. Privile~e is given to prepa,y this note in whole or in part at any
tu.e without penalty. Neither forbearance, nor acceptance b,y the ho2dar thereof -
after any default in any payment hereon, shall be deemed c~xtension. A lats payment
charge of $ 14.80 shall ba assessed the ?6th day o!' the month, iP a regular
~ b~~iness day, or, if not a re~;ular business day, then the next business day, on eaah
~ n~nthly install~r~nt not then received.
x
~ Each maker, surety and endorser hereoP, jointly and severally, Haives dertand,
~ p~sentment protest and notice of protest for nonpay~ent, and further agrees to any
extension of tir~e of payment, either before or after maturity, ~aithout notice to at~y
of us; and to pay all costs of collection, including a reasor.able attorney's fee in
~ the event of any dsfault hereunder, and hereby severally xaives all benefit of.home-
~ stsad and exen:ption under the constitution and laxs of each State of the IInited
~ State3, as against this obligatian or anq extensian or rene~al hereof.
~ "
~
~
~
~ s/ O. C. Tbo~ ~n (SEAL)
~
~ Stats docw~entarq stamps in the ~Sg~~ _
~ amount of $ sd c~n arg s/ L.ucille n (SEAL)
~ affixed to the ~ortgage secured ~
L,.....~.,.. r; c ~~cc~ A /i ~ w . L~D„ ~ n ~ _ ~SSAL)