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HomeMy WebLinkAbout0360 3~ . ~ ~~z99 THIS WDENTURE, IW~ the lCj~~1 day of y'~f~C~mhpir A.D. 19 7~ _ betwkn n r__ a~. a2~~SyXi nn-i P•1r1A,~,A .T,. ~~-~~ew~~ h~„4 :,r: fe t Q T _ _ _ - ~ . ot - ~ t• ~+u~. i8 , ~avnty Fbrida, hereinaft~r det;gnated as tne °MORiGAGOR; ` and f~k~T fEDERAI SAVINGi ~1h0 iaAts ~ ASSpC1ATION OF FORT PIERCE, a corporat~on «y~ni:ed ~nd etiitinp w~der tM Iawt of the Un~ted Sqt~s of Am~ric~ and Mv(np iri ptiocipal pf~u of business in th~ City of fort Pi~rc~, St. lucro Co~nty, Florida, haripafter desiynat~d ~s tM "MORTGAGEE." WHEREAS tM N10RTGAGOR is jv:tly indebted ro the MORTGAGEE in tM aum of s ~~K- ~Ud• dQ -~ood and Iawful money of the United Stetea advanced by thc MORIGAGEE vnto the MJR(GAGpR, as evidenced by a certain promiiwry note of even date herewith, oi which tM fol:owinp in words ~nd fiyu~es is • trw copv, to-wit: ' 1 S ':.,u`~u.UU . xo. 01-~3o~:i9:3 .i Fort P'ierce f Florida, ~ecc~inbe r lU j 19 ~6 - For value rsceived, I, wa, or either of us, promise to pay, Hithout defalcation, ~ to the order of FIRST FEIIPRAL SAVINGS AND LOAY ASSOCIATIAY OF FORT PIERCE at Fort Pie rce, Florida, the sum of $!:5 ~ G~~0• OU Frith interest frc:~ date at the rate of ~ ~ per annu.~n, in r..onthly installments as folloas: 3~~~•G~ oa the ; lOth day of ~ ri:'ri Z , 19?~ and a like sum on the corresponding day of ! f ~ each r~onth thereafter until thp irhole be ful~y paid. ` Fach fnstallment first shall be applied in paym~nt of ths interest and then on th~ w-~F,aid balance of the principal sum. If default is made in th~ pay-r=pnt oP arry ir.~ta2lr.w_nt Hhen due, and suah default continues 30 days, then at the option o£ ths he1 ~e r, and Htthout any oth~r notice, all ths rer:.aining installments shall be cue and payable at once. Privile~e is given to prepay this note in xhole or in part at any tir.? r~,rithout pen~lty. Neithsr forbearar.ce, nor acceptance b,y the holder thereof after any default in any pa~r.ent heraon, shall be deened extension. A late paqment charge of $ 1n.~0 shall ba assessed the ?6th day o£ the manth, if a re~ular b~~siness day, or, if not a regular business day, then the next business day, on each nonthlq install~ent not then received. Each na~cer, surety and endorssr hereof, jointly and severall,y, craives der.+.and, FressntmPnt protest and notice of protest for nonpaynent, and further agrees to ar~y ~ e ctpnsion of tir.r. of payr.~er.t, either before or after r.~aturity, ~,rithout notice to an~ ~ of us; and to pa~r all casts of collection, including a r~asonable attornep~s fee in t}:e event of any ~fault hereundsr~ and hereby severall,y waives all bensfit of hor..e- stead and exe~:ption under tha constitution an~ laKS of each State of the United Sta}„es, as against this obligatian or any extension or reneaal hei,eof. E ~/iZ. :~;~~ize•.•: sr:i (S~AL) S+,z.P du~ur~ant...ry stamps in th~ Ya:~:ela ~7. .:~~z~;:•;s'r.i (S~~I,) a:~^snt of ~ ?Z~.~'Q are ~ . ~ . affix.~,d t~ tha r..ort~~~ secure3 (SEAL) h~ reLy. ~ c (.,EAI. ) - PAGE ~