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HomeMy WebLinkAbout0002 . : ~ ~ ~ . - 352061 THIS INDENTURE, Mads the 6th d,Y of ~ocambQt ~r ,~,~~My_~, ~,w..,~ =~ob~rt rarris an3 ~T~rLe 'r'arri ~ hi 4 ~Ji ~ of ~t. I. 1^i @ , County Ftorida, hcreinefter deignated as the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AN~ IOAN ASSOCIATION OF FpRT PIERCE, a corpwat~on wpanaed and e~c~sring under ~f» taws of ths Un;ted Srat~s of Artrriu ~nd h~vinp in~pri~cipal pl~u of bu:ineu ir? th~ City of Fori Pierce. St. lucie County, Fluida. hereinafter desipr?~ted a~ the "AAO T~AGEE." ; WHEREAS the MORTGAGOR is jvstly indebted to the MORTGAGEE in the sum of S f~~~ good a~d I~wful money of the United States advarxed by the MORTGAGEE unlo the MORiGAGOR, as evidcnced by a ce+tain promiuory note of even date herewith, of which 1he fOllowinp in words and figures it • trus copY. towi~: ~ ' j - a ~ 12, coo. co xo. 01-23oo!;,c;o Fort Pie rce, Florida, ~e c er~ ve r o , 19,~_ " For value received, I, we,or either of us, promise to pay, Without defalcation, to the order of FIRST FEI~RAL SAVINGS AND IAAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of $ 12, G04. UO xith interest from date at the rate of 9• ~ ~ pe r annwa, in monthly installments as follosrs l0i? . 00 on the lOth day of anti~rY , 19 77 and a like sum on the corresporiding day of ~ ~ each month thereafter until the Whole be fully paid. f j Each installment first shall be applied in pa~ent of ths interest and then on _ ~ the unpaid balance of the principal swn.- If default is nade in the payment of any installaient When due, and such default continues 34 days, then at the option of the holder, and ~,tithaut any other notice,. all the renaining install.ments shall be due and payable at o~nce. Privilege is given to prepay this note in Whole or in part at any time ~rithout penalty. Neither forbearance, nor_acceptance by the holder thereof after anp defa ~t~ in any payment herean, shall be dsetr~ed extension. A late pay~ent ' charge of $ shall be assessed the 26th day of the month, if a-regular b•ssiness day, or, if not a regular business day, then the next business dap, on each manthly installment not then received. Each maker, surety and endorser hereaf, 3ointly and severally, ~raives de~nand, presentment protest and notice of prctest for nonpaynent, and further agrees to any extQnsion of tirie of payment, either before or after mat~srity, irithout notice to ar~p of us; and to paq all costs of collection, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally xaives all benefit o; ho~e- stead and exemption under the constitution and laws of each State of the Cnited States, as against this obligation or any e~ctensian or reneWal hereof. 3/i-7ohert T. -_ar-^i s (SEAL) S/ J ~=ie H~r^is SEAL) State documentary stamps in the ar;ount of $ 1~.GG ars ~ (SEAL) af; ixed to the a:ortgage secured hereby. t00112[~~ P~CE ~ ' (SEA~) ~ :