HomeMy WebLinkAbout0290 . - --s
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December ~?.c. ~v~ 76 b.nN.«+
THIS INDENTUAE. M~d~ tFi~ 9th day of
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lia~o Frendre is s aad-$arb~ra Frendre is R`~+~ 4" V f fe ~
of S t. ~
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q r M y Fluid~. M+e'uu 4~~t das~9^+fed af the "MORTGAGOR:' snd FIRST fEDERAI SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE. + corPo?~Yan or~+wiud and existinp w?dN tM laws of th~ United Sat~s of /lmuiu and havkg its principal p
l ~ a o
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busirwss in th~ Gry of fut PiKa. St. lvcl~ County. Florid~. Iweina8a dniynat~d ~s th~ °~i~0 ~
WHEREAS th~ MORTGAGOR is jvstly ind~b»d a fM IIRORiGAGEE in the wm of i ~ • good +nd ~+wfu~ ^+o~sY ot the U~ited
States adwnced by tl+e MORTGAGEE unto tFr IMORTGAGOR. as aride~tsd by • certa~n promisforY ~o~e of ev~n datt Mrewith, of which ~h~ fdlowinp in
words and fipwes i~ a trw topy, fo-wit: ~
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~ 30,000.00 No.01-23001i888 f
_ . . . . n...~ti..,.. e • 7~C .
lOPL rierc~~ t'loI'1~38~ uaa.aaa.,~+ > > ly ;
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For value received, I, We,or either of us, promise to pay, ~rithout defalcation,
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`s to the order of FIRST FEL~RAL SAVItiGS AND LOAN ASSOCIATION OF FOi7t PIERCE at Fort
Pierce, Florida, the sum of $ 3~~~•~ ~ith interest from date at the rate of ~
8•?5 ~ par annt~a, in monthl,y installmetets as folloxs: $ 2~?•~ on ths
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~ lOth day of J~u~'Y , 19 77 and a like sum on the coi-nesponding day of
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~ each tnonth thereaft~r until the Whole be fullq paid.
~ Each installment~first shall be applied in payt~nt of ths interest and then on
~ the unpaid balance of ths principal sum. If default is made in the pay-ment oP atry
in~tallment xhen due, and such default continues 30 days, then at the option of the
holder, and xitbout any other notice, all the remaining install.nients shall be due and
, payable at once. Privilege is given to prepag this note in Whole or in part at a~
ti-~:e Frithout penalty. Neither forbearance, nor acceptance by thP holder thereof
a.°ter any default in anq payiaent hereon, shall be deemed extension. A late payraent
charge of $ 12.35 shall be assessed the 26th day o!' the month, if a regular„
b•.:siness day, or, if not a regular business day, then the next business day, on each
n:nnthly installr.~nt not then received. ~
Each ~aker, surety and endorser hereof, ~ointly and severally, Waives demand,
~ preser.tment protest an3 notice of protest for nonpayment, and further agrees to any
exter.sion of tir3e of payment, either before or a£ter maturity, raithout notice to an~
of us; and to pay a21 costs of collection, including a reasanable attorney's fee in
the event of any default hsreunder, and herebp severally xaives all benefit of hozr.s-
stead and exemgtion undsr the constitution and laws of each State of the IInited
States, as against this obligation or any extensiort or reneWal hereof.
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S/ William Frendreiss (S~q~,)
Stat~ docun~ntary stamps in th~ (S~~)
a~eaunt of ~ 45. ~ are S/ Barbara Frendreiss
affixP~ to ~t,he r.sortga~ secured (SEAL)
hc~reby. R (SEAL)
OOt~t~~ p~E ~