HomeMy WebLinkAbout0603 _ .R. - . _ _
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Ga~cr-~ r~~rc~E ~ ~ Sr ~
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n~~s ~~ENruRE, M.a. th• 22nd d,y Novel~e r - A.Q. _19.~..-r. b.nM.«+
Philip Pearl and Blanche V. Pearl, his Wife and aary I,. Fearl and Be~rbara a. P~earl, his Wife
~ .ttt!~ A ' .~prMy Fbrida, he*~in+~t~r design+?sd ~s tM "MORTGAGOR," and FIRST FEDERAI SAVINGS- ANO LOAN
ASSOCIATION OF fORT PIERCE, a corporation orpaniud ~nd ~xistinp w+der tM I+vvs of th~ Uoited Sta~N of MNrici ud h~vM~p jM priMiD+~ P~+« ~
busir~ b th~ Gity of Fo.t Pwru. St. lw,i~ Co~nty, florid+. ~+t+ain+fl~r des~pn~td u t!w "MOitTGAGEE." -
WHEREAS tM JNORIGAGOR is justly indtbttd to the MORTGAGEE in the sum oi =_.3.~~2~•~ ~ood +nd t~wfvl mot+ey o~ tht Unittd
StatN adv~r?ced by t!r MORTGAGEE unto fM /AORTGAGOR, ~s evide~ced by + cert+~n promisw?Y not~ of even d~~~ hsr~w~th. of whith tF» fdlowinq in
words and fqwes is a trw copy, to-wit: . ~ .
S 2T,20U.00 ~ No. a1-23003872 t
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_ Fort Pierce, Florida, November 22 , 19 ?6
For value received, I, s+e,or either of us, promise to pay, Without defalcation,
to the erder oP FIRST FET"~RAL SAVIHGS AHD LOAN ASSOCIATIO~T OF FORT PIERCE at Fort _
~ Pierce, Florida, the sum o£ $~7~2~•~ -with interest from date at the rate of
~ 8'75 ~ per annum, in monthly instalLnents as follows: $ 22~•~ on ths •
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t lOth day of 1"~nh , 19 77 anc~ a like sum on the corresponding day of
~ each month thereafter untfl the xhole be fu12y paid.
. Each installr.~ent first shall be applied in payment~of the interest and then on
the unpaid balance of the principal swn. If default is inade in the payment of any
insta].lment Hhen due, and such d~fault continues 30 days, then at the option o£ the
holder, and Hithaut any other notice, all the remaining installments shall be due and
payable at once. Privflege is given to prepay this note in Whole or in part at any
ti1?~e without penalty. NeiLher forbearance, nor aeceptance by the holder thereo£
after any ae!'ault in any payment hereon, ghall be deetaed extension. A late pay~ent
charge of $ 11.20 ~ shall be assessed the ?_6th day of the month, if a regular
business day, or, if not a regular trusiness day, then the nRxt busin9ss day, on each
rn~nthly instalLrent not then recsived.
z F.ach makpr; suretv and endorser hereof, ~ointlv and several~,ir, Waives d~smand,
~ Fresentment protest and notice of protest for nonpayment, and further agrees to a~r
extension of time of payment, either before or after maturity, xithout notice to ariy
o!' us; and to paq a21 costs of collection, including a reasonable attorney's fee in
the event of any default hereunder, and hereby severally xaives all benefit of hor.;s-
stead and exemption under the constitution and las:s of each St~te of the United
States, as against this obligation or any extensicn or renes~al hereof.
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S/ Pfiilip Pearl (SEAL)
State docu~:ntarq stamps in the S/ Blanche V. Pearl (SEAL)
~ amount of are S/ Qary L. Pearl (SEAI,)
affixed to the no O ga a secured
hergby. Q~6~ s~o S/ Barbara d. Pearl (SEAL)
~ 10~K