HomeMy WebLinkAbout0984 t v'~„f" _
" ~~~11y_ T .r:~-~ .
wR'~..
k •
~s
il
~i • ~ ,
III
I
~ '
I
~ _ -
35~'714 ,
`a th M (I
THIS INDFNTURE, Made the nt}~ day of Dece~ber a~. 19?~'.. bet+veen
'~like ~aser and i~ol i dia Naser, his ~rifg„~
of $L . I.UC1P ~~~ry Flwida, hereinafte~ dcsignated as the "MORTGAGOR;' +~d fIRST FEDERAI SAVINGS AND IOAN R_
ASSOCIATION OF fORT PIERCE, a corporatwn organized and ex~st~ng under the isws o( the Un~ted Stat~~ of An~ica a~+d h~virg ib principal plau of
b~sines~ in ths City oi fwt Vierce, St. lucie County, flaida, hcreinafter desipnated. as the "MORiGAGEE." 1
WHEREAS the MORTCAGOR ti jvstly indebted to the MORiGAGEE in the wm of s 52 . 80~ good and lawful mw~ey of the Un~ted ~
~~ares advanced by the MORTGAGEE un~o the MORTGAGOR, as evidenced by a cettain promissory note of evcn date Aerewith, of which the fdlowiny in
.+o~ds ind f~guros is a true topy, towit: ~
. ~ :
i`
t;
5 52 . 5~~. ~o No. ~1_23~°~48~2
Fort Pierce~ Florida, Dc~cenber ~ ~ 19 ~r'
For value raceived, I, xe,or either of us, promise to pay, xithout defalcation,
to the or@er of FIRST F~:~~RAL SAVIhGS AND LOA,t ASSOCIATIO~T OF FORT PIERCE at Fort
Pierce, Florida, the sum of $ 52,8~~.~~ ti+ith interest fron date at the rats of
_ t~ 5 ~ ps r annum, in ~ro:?thlv installr~ents as follo,rs a3 on the
2 O~h day of `•1a rrh , 19 77 an~ a like sun on the correspor.ding day of
nach r:ontr thereafter until tl:? ~.fiole be fully paid.
F.ach installr,~nt first shall be ap~.lied in pa3~nt of the interest and then on
the u::paid balance of the principal sum. If dsfa~lt is made in the pay-r~nt of any
in~talL~ent xhen due, and such d~fault continues 30 days, then at the option o~' the
holder, and withaut any other notice, all the renaining installr~nts shall bs c3ue and ~
payable at once. Privilege is given to prepay this note in Whole or in part at any
tL?~ k-ithout p~nalty. Neither fortiParance, nor acceptance b.y the holder thereof
after any default in any pay~nt herson, shall be deened extension. A late pa~nt
ct~arge of $ 2~, i~ shall b~ asssssed the 26th day of the trtonth, f f a regular
business day, or, if not a regular business day, then the next business day, on each .
m~nthly installrent not then received.
Each r.v3lcer, surety and endorser hereof, jointly and severally, rrafres demand, ~
presentr~nt protest and notice of protast for nonpayment, and fnrther agrees to any
E ex.tension of time of payment, either be!'ore or after maturity, xithout notice to anp -
~ of us; and to pay all costs of cellection, including a reasonable attorney~s fee in
~ thQ event of any dsfault hsreunder, and hereby severally waives all benefit of ho.r:~-
~ stead and exemption under the constitution and laws o£ each State of the United
; State~, as against this obligatio:~ or any extensian or renaWal hereof.
~ - .
I
3
~
~ - - (SEAL~ .
~ s, ~ 1~ p . ase- :
~ Stats docur~antary stamps in ttiw (SEAL)
' anau*?t of $ ~O•2'~ are (SE3L)
F affixe@ to the ::ort se~ured . ~
~ s/I~ o` i la aser
~ t,c~r,atw_ : nL~. nwr ~c.o...