HomeMy WebLinkAbout0080 ,~~g g'
. ~ ` a!~ A ~
2nd • Qece~er U~r ~r,.oS~~~ ~n~..~+
THIS INDENTURE,~ the day of
Doaald J. Wille~as and Joan C. Willa~s hi~ wite and Geor e L. .Rrena--swd~--
Donna Frenz, h s w te ~ ~
of St_ LLfA _ County Fforida, l+c~einafta~ dp~gnated as the "MORTGAGOR;' snd FIRST fEDERAI SAVINGS AN~ IOAN
ASSOCIAilON OF fORT PIERCE, a corporation oryaoized and existing under th~ laws ol the United Staros of Ameria and h~vin0 in PrinciW~ Plau of
b~uness in tFN City of fort Piace, St. lutie County, florida, F?eroinaher desqnated as the "MORTGAGEE."
WHEREAS ths MORTGAGOR a jwtly indebted to the AhORTGAGEE in the sum of' S 22 ~ 8~' ~ 9~ +^d ~wY Unitcd
States advanced by tM MORiGAGEE w+to the MORTGAGOR, as evidenced by a cerfain promissory note of even date Fxrewith, of ~whith tM fdiowiny in
words and faur~s is a true coov, to-wit:
v 22.800•00 No. 01-23004494
Fort Pierce, Florida, Q~'~~~= 2. ~ lr~ ~ 76
For value received, I, tire, or either of us, promise to pay, Without defalcation,
to the ordsr of FIRST FELL~RAL SA~'INGS AND IAA,~J ASSOCIATIO;V OF FORT PIERGE at' Fort
Pierce, Florida, the sum of ~ 22,800.00 ~ Frith interest from date at the rate of
8•75 ~ per annum, in monthly installments as follo•~rs: $ 18e•~ on the
; _
~ ~.Qth da of Mlarch 77
~ y ,.19 and a]_ike sum on the corresponding day of
~
~ each month thereaft~r until the whole be fully paid.
Each installiaent first shall be applied in payir.ent of the interest and then on
the ur:paid balance of the principal sum. If default is made in the payr:ent of any
ir.stallr.~ent when due, and such default continues 30 dass, then at the optian of the
holde r, and Withwt any other notice, all ths remaining installments shall be dus and
payable at once. Privilege is given to prepa,y this note in ~?hole or in part at any
tir~~ Frithou~ penalty. Weither forbearance, nor acceptance by the holder thereo.°
after any default-in any payr.:ent heraon, ~hall be deemed extension. A late paqment
charge of ~ 9.40~ shall be assessed the ?6th day o£ the n:onth, if a regular
business day, or, if not a regular business day, then the next business day, on each
nanthly installrent not then received.
Each maker, surety and et?dorser hereof, jointly and severally, waives damand,
• presentrnent protest and notice of protest far nonpaynent, and further agrees to any
exter.sion af tir~e of payment, either before or after ~aturity, irithout ~otice to ar~r
of us; and to pay all costs of collection, including a reasonable-attorney~s fee in
the event of any default hereunder, and herebZ• severally xaives all benefit of hct7e-
stead and exeniption under the constitution and lak•s of each State of ths United
States, as against this obligation or any exLension or reneWal hereof.
5/ Donald J. Willems (SEAL)
State docun.entary stamps in th~ . S/ Joan C. willeas (SEAL)
*
ar~ovnt of ~y 34.20 are S/ George L. Rzenz (gQpi,)
a£f.ixed to the r.:ortg~ge secured
hereby. p~ S/ Donna Fren~ SEAI.
~p~y~~~ PACE ~iJ ( )