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HomeMy WebLinkAbout0338 { 3::22~~ ~ i TNIS INDENTURE, Mad~ tM Il day of ~e~otZber , A.D. 19_.~, betrve~n Jo:;eph . Lu j o~te,,~,~,'~e~~i~i t, oi c t a LllG i@ Counry flaida, FKreir?~ftt~ designated as rhs "MORiGAGOR;' a~d FIRST FEDERAI SAYINGS A[~iD IOAN ASSOCIATNJN OF FORT PIERCE, ~ corporatio~ oryanized ~nd ex~stirg undx ~M I~ws of tM United Sut~s of M.wric~ and havinp it~ principal pl~ca of busieess in the Ciry o( fuf Pi~ra, St. Lucie County, flaida. he~einaher desqnat~d ~s iM "NI~RiG~G~E~• OG WHEREAS tM JNORTGAGOR a jusNy indebted to ths ASORTGAGfE (n N?e aum oi S 1t*~ gooc! snd lawful money oS tfie Un~fed St~tet ~dvsnced by the MORTGAGEE unro the MORTGAGOR, a~ evidenced by • ce~~ain p~omi,sory note of even d+te herew~th, of wh~ch ths followinp in words and figures is a true copy. to-wit: ~ 5 1'. , 20G. Gu . No. G1-2 30G!~722 Fort Pierae, Florida, Jecain;,er ? , 19 ~l`~ For value receiv~ed, I, we,or either of us, pr~mise to pay, xithout defalcation, to the order of FIRST FEI~RAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, t~ swa of $ lt~, 20~~. GO xith interest fram date at the rate of ~ 9.0 ~K per annum, in month~r install~r~er~ts a~ folloirsi $ 12t:~.UG an the i - ~ lOth day of Ja~:«ar~1 , 19 77 and a like sun~ on the corresponding day of each month thereafter until the xhole be fully paid. Each installment first shall be applied in payn~ent of the interest and tren on the unpaid balance of ths principal sum.- If default is ~ade in the payment o£ atrq installment xhen due, and such d8fault continues 30 dags, then at the aption o!' the holde r, and xithout anq other notice, all the remaining installments shall be dus and payable at ance. Privilege is given to prepay this note in Whole or in part at ang ti.*:~ frithout penalty. Neither forbearance, nor acceptance by .the holder thereof afte~r any default in any payment hereart, shall be deened extensian. A late payment . charge of $ 6.~0 shal~ be assessed the ?6th d~y of the month, if a regular b4siness day, or, if not a regular b~usiness day, then the next_business daq, on each monthly installment not then received. _ - Each maker~ surety and endorser hereof, jointly and severally, Waives de~~and, pr~essntment protest and notice of protest for nonpayc~ent, and further agrees to any exter.sion of time of papr~ent; either before or after r.iaturity, ~rithout noticP to any ~ of us; and to pay all costs of collection, including a reasonable attorney's fee in ~ tY~.e event~ of any default hereunder, and hereby severally Waives all benefit of ho~- stead and exemption under the constitution ar.d laws of each State of the United States, as against this obligation or anq extensivn or rene~al hereof. ~ S/.Tose;~h 0. Sonte, (SEAI.~ a ~ n~, S*.atP documentary stamps in tho (SEAL) anount of $ 21 • ar~ ~ (SEAL) affixed to the nortgage sacured • , nereby. a ~e (SEAL) . i0pi~v.i P~Gf ~