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HomeMy WebLinkAbout0839 ~1. . . . . . ' . . _ . _ . _ _ _ _ . - . _ . . . _ . ' 346`7l9 ~ r . . . ~ s • ~ ~ . . t . THIS INDENTURE, AAid~ fhs 16th ~y of ; Septe~aber i ,•y~/?,p,-19_ 7~ • behWM1 ~ a/lc~a R c.~rles Reinaldo M. Carles/and Emna N. Carles, hfa ~rife. of St. Lucie Cp~y florida, hereinahat dssignated u th~ "MORTGAGOR;' snd FIRST FEDERAL SAVINGS AND IOMI ASSOCUTlON OF FORT PIERCE, • oorpor~Yan ory~iud a~d ~xis~inp w~ds~ the Isv~n of ~iw United Sut~s of Arneriu ud havinp its pimcipal pl~a of buii+»ss in tM City of Fort Pi~ru. St. luw County. Florkia, het*ioaha desipnat~d p ths "MORTGAGEE.•• WHEREAS fhe MORTGAGOR is justly indtbttd to the N10RTGAGEE in the wm of S33 7~'~ pood u+di~w(ul money of the Uroted States advarxed by the MORTGAGEE unto tMe MORTGAGOR, as evidenced by a certain promissory note of even ~ e Mrtwitle, of which the folbwinp in words and fgures is a trus copY, to-wir. i ~ 33, 700 .00 Np~ 23001033 Fort Pierce, Florida, September 16 ~ 19~76 ' For value received, I, we,or either of.us, promise to pay, Without defalcation~ ; j to the order of FIRST FEI~RAL SAVINGS APJD LOA?i ASSOCIATIG:Li OF FORT PIERCE at Fort ; . ~ Pierce, Florida, the sum of $ 33,700.00 xith interest from date at the rate of ~ ; 8.~5 ~ per annum, in monthly installments as follrn.~s: $ 278.00 on the , ~ 1(?th day of .lanuary , I9 77 and a like sum on the eorresponding day of ~ ~ each month thereafter until the t;hole be fully paid. ~ I~:ach installr.~ent first shall hs applied in payrr;~nt of ths interest and then on ~ the unpaid balance of the principal sum. If default is made in the payment of a~ ~ installment when due, and such default cor.tinues 30 days, then at the option o~' the s holder, and xithaut any other notice, alI tha remaining installments shall be due and E payable at once. Privilege is given to prepay this note in Hhole or in part at any ~ tijr.~ without p~nalty. Neither forbaarar.ccs, nor acceptance b,y the holder thereof ~ aft~~r any default in any payi?Fnt hereon, shall be deemed extension. A late payment ~ charge of $ 13.9o shall bQ assessed the ?_6th day of the~ month, if a regular ~ buainess day, or, if not a regular business day, then the next business day, on each r~~nthl~ installr.,ent not then received. s Each maker, surety and endorser hereof, jointly and severally! xaives demand, presentment protest and notice of protest for nonpay?~ent, and further agrees to ar~y ex.tsr.sion of time of paynent, eitt~er before or after ~r.aturity, ~rithout notice to atr~r - of us; and to pay a21 costs of collection, including a reasonable attornay's fee in . - the event of any ~sfault hereunder, and hereby severally Waives all benefit of home- stead and exemptio:l under the ccnstitut~on and lah~s of each State of the United E States, as against this obligation or any extension or reneKal hereof. E ; ~ S/Reinaldo M. Carles a/Ic/a (SEAL) ~ R, Carle~ ~ ; State docur,u:ntary stamps in tt?e (SEAL) ° araaunt of $ 54 are S/Eana K. Carles (SEAL~ . ~ affixed to the rortgaga secured herebY• ~ (SEAL) : n c ~]~O Q~~ ~ •