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HomeMy WebLinkAbout0279 ~ _ _ - j~ - - - , ~ ~ ~ 3,~t~2.~0 12th November ~9 76 THIS IN~ENTURE. Nl+d~ the - d+y of o n . rno , r. an nne a xey no . ~ a e . of St. Lucie Fb,;d,. 1~ei~?afier dssignated ss ti+e "MORTGAGCIR:' and FIRST fEDERAI SAVINGS AIVD IOAN A550CIA?10N OF FORi PIfRCf. s cwpwstion wg~nised snd eaistinq wxlar trM'tavrs ~~„INORTNGAGEE.~ of /~u~?atiu u?d l+avinp its prir~cipal plao~ of b~sinqa in ths Qty of Fwt Piau. St. Luci~ County. fbrid~..l+ertin~hcr deiig ~a 39 1~ ~ ~nd lawfvl mot+ey of the United yyHEREAS the MORTGAGOR is patly indebted to the MORTGAGEE in tl+s wm of ~ ~ ~e of even d+t~ herewith, of which tM folbwina i~ States advanced by ?he MORTGAGEE umo the MORiGAGOR. as evidenced by a ce?tai~ Pron+~ssaY - wwds and fipurK a a trw copY, towit: ~~"A r~'t 1ii°~_• r C 39,100.00 _ 2to. O1-23003708 - Fo:~t Piei-ca; Florida, Novennber"12 ~ 19T6 Foi• va1u~ nceived, I, ua, or either of us, promise to p-zy~ without d~falcation, to th~ ord~r of FIRST FEIP.y.RAL SAVLYGS A,`fD I.OAN ASSOCIATI~Y OF FORT PIERCE at Fort Pierce, Fxorida, the sum of $ 39,100.00 Hith intsrest frori date at tY:e rate of 8.75 ~ p~r annum, in r.~nthly ihstallr!~nt~ as follo~,•, : $ 322 • 00 on ths j lnth day of January , 19 and a lil:e su^ on ths corresponding day of ; . f ; each Month thareafter until t~:a uhole b3 fully paid. ' ~ Each instalYr.~nt first shall bs applied in paym~nt of the ir.tsrest and than on ~ the w:pai~i b3lance oF the princi.pal sum. - If default is made in the payrsnt of arry ~ install~ent ~en du~, and such dsi'ault continues 30 days, thsn at the option of tne ~ holder, and ~3.thout anp othzr notic~s a].~ ths remaining installr•.?nts shall be dus and ~ payable at on~e. Privilege ~s given to prepay this no~p in whole or in part at any tis.~s without panalty. he~thsr forbvarar.ce, nor acceptance b;~ tha holder thereof after anp default in any payl?~Rnt hPraon, shall be deez:~ed extension. A late payc~ent charga oF $ 16.1o shall be assessed the 26th d3y of the Yz:onth, if a regular businsss day, or, if not a ragular t~usinass day, then~tha next business day, on each m~nthlq installr.;ent not t:~en recei~ed. ~ E~ch m~er, suretp and endorser hereof, jointly and severally, waives darn3nd, ~ pn.s~nt:*~ent protsst anci notics of protest far nonpayr~ent, and further agrees to any ¢ er_t~nsion of i,ir.s of pay~nt, either before or after maturity, without notice to any ~ of us; and to pay all costs of collection, including a reasonable attorney's fee in ~ tha evant of any default h3reuindsr, and hereby severally Haives all banefit of homp- ~ ; stead arid axpmp~ion under the constitutio:~ and lak-s vf each State oP the L'nited ~ Stat~s, as against this obligatiaa or any extensi~~? or reneWal herao£. ~ 6 i . { S/John R. AYnold, Jr• (SEAL) State docu~ntary stamps in th~ (SE~) arr;o~ant of ~ 58.65 are 5/Anne Maddzey Aznold (SEAL~ affixed to tha z:ortgage sacured herebq. Er:~ ~so S',1L.} (SEAL)