HomeMy WebLinkAbout0040 - r
CORR~?IVB MOR?GAGB ~ ~
~55830
THIS INDENTURE. Msde the 23Zd day of '~V~~Z - AD. 19~2_, between
Beznie ?hases and Al~xandria Tl~~~s_, his wife
~
Jt .St• Ir11C~e_ Cov~ty ftorida, hereinafle~ des~3nated as the "MORTGAGOR." and FlRST FEDERAI SAVINGS AND I~JAN ;
ASSOC~ATION OF FORT PIERCE, a corpo+iNon org~nized and exist~ng ur~der fhe tawa of the Un;ted StatQa oi Ame~ica snd having in p~~~dpd p~ace of
business in the City of fart Pierce, St. lucie County, fiorida, hereinafter desgnated as tbe "AhORfGAGEE:'
WHEREAS the MORTGAGOR is justly indeb+ed to the MORiGAGEE in ~the sum of ; 3~~~Q OQ , gaod and lawful money oi the U~~ted
;~ates sdwnced by the !11:i21GAG _E ucto the 11•OR(G~GOR. as evitier.ced by a certam p~omissory note oi even date he~ewith, of w4s;ch the followirtg +n
.+o~ds and figures is a rrue copy, to-w+t: .
. ~
~
~ 30, 800.00 No. 0 4-2 30034 4 8
Fort Pie rce, Florida, Nov~ber 23 , 19 ~ 76 "
For value received, I~ We,or.either of us~ promise to pay, rrithout defalcation,
a '
to the order of FIR5T FEI~:RAL SAVINGS AND I.OAN ASSOCIATION OF' FOR'I' PIERCE at Fort
Pierce, Florida, the sum of $ 30~ with interest from date at the rate of
8~ z~ ~ pe r atin•,ua, in monthly inst~llments as follo~as 2 54 . 00 0:? the
lOth day of March 19 7T and a like sum on ths corresponding dap of
each month thereaft.er until the xhole be £ully paid.
Each installment first shall be applied in payirt~nt of the interest and then an
the ur.paid balance of the principa2 sum. If default is made in tA.e payn~n,t of atry
installr:~ent Hhen due, and such default continues 30 days, then at the option of the
holde r, an~ Kithout any other notice, all the renaining installments shall be dus and
payable at once. Privf].ege is given to prepa,y this note in whole or in part at any
tir.:~: i~rithouL penalty. h'either forbearance, nor acceptance by the holder thereof
after any dePault in any payment hei`eon, shall be deemed extension. A late payment
charge of $ 12.70 ~ shall be assessed ~hs ?6th day of' the rsonth, if a regular
businbss day~ or, if not a~ regular business day, then the next business day, on each
monthly installment not then received. _
Each ma~ter, surety and endorser hereof, jointly and severally, Waives demand,
presentcnent protest and notice of protest for nonpayment, and further ag~rees to any
extension of tir~e ~f payment, either before or after maturity, arithaut notice to atry
of us; and to pay all costs of collection, it~cluding a reasonable attorney's fee in
the event of any default hereundsr, and hereby severally xaives all benefit of hor~s-
stead and exemption under the constitution and laks of each Stat,e of the United
States, as against this obligatio:~ or any extensian or rene~al hereof.
sJ Bernie ?hames (SEAI.)
StatQ docurwntary stamps in t~ (SEAL)
ar.?ount of a~'e ~ s/ Alexandzia Tha~es (SEP1,)
affixed to the mortgage secured
herebq. ~ (SEAL)
EO*XGU~ 'KCE ~7 ~
~