HomeMy WebLinkAbout0284 :~s~o1~
~ .
THIS INDENTURE. Made the 21S + ^ day of -'~anL~'"y 7?
. A.p. 19
! . betwten
~y-monci P. Lein and Joan B. S. Lein, his ;,rife
~ • ~ ~
of St. Lucie ~
County F.wids, hereina/t!r ~t:gna~ed as 1h!'"MORIGAGpR." and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATlON Of FORi PIERCE, a corpwation aganized and ex~s+~ng ~n.le~ the laws oF the United StatQS of ArtKrica and having ib p~irtcipal ptate of
busineis ~n the City o( Fwt P~erce, St, tuNe ~ovnty, fioreda, hnrc7nafter des~gnated as +hc "MORiGAGEE:'
WHERfAS the MpRTGAGpR i~ justty indeb~ed to the MORTGAGEE in the sum of S ll2 aQ~i gxd and la+vful mor+ey of the Un:ted
S'ates ad+a~:;ed by th~ '.t;)RiG.4GEc un:o the M~kiGAGOR, ai ev~denced by e cerra:o p~om~sscry note of even date herew~th, of wh~ch ~he foiiowing in
~,crds and f~gu~cs ~a a irve cop/, to-wlt: •
$ 112,500.00 - No. 01-230J~503 ~
Fort Pierce, Florida, 3~1~:: 21 , lq ~ 7 i -
~ For value received, I, ~re,or either of us, promise to pay, without defalcation,
,
to the order of FIAST FEI~RAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort
Pierce, Florida, the sum of $ 112,5~?0.`.30 with interest from date at the rate of
~•75 ~ per annum, in monthly installments as follaras: $ 925•~ ~on ths
lOth day of j~ia^C!1 ~ ~ 19 and a lil:e sum on the corresponding day of
~ each month th~reafter until the whale be full
~ y pa id .
; Each installment first shall be applied in paymAnt of ths interest and then on
~ the unpaid balance of the principal sum. If default is made in the pay-n:ent af artiy
installment When due, and such default continues 30 days, then at the option of the
holder, and ~rithwt any other notice, all the renaining installments shall be due and
payable at once. Privflege is given to prepay this note in Whole or in part at any -
ti~.e `rithout penalty. Neither forbearance, nor acceptance by thp holder thereof
after any default 3n anp payment hereon, shall be deemed extension. A late paya~ent
charge of $~:r3.25 shall be assessed the ?6th "day o±' the month, if~ a regular
~ business day, or, if not a regular business day, then the next business day, on each
; nonthly install.r.,ant not then received.
f
f , Each r.~aker, surety and endorser hereof, ~ointly and severally, xaives demand,
' pnese~ment protest and notice of protest for nonpayment, and further agrees to any
' ex_tension oP tirie of payment, either before or after a?a~turity, s~rithout notice to any
~ of us; and to pap all costs of collection, including a reasonable attorney's fee in
the event of any default t~ reunde r, and hereby severally Waives all benefit of home-
stead and exemption under the constitution an~ laa•s of each State of the L'nfted
States, as against this obligation or any extensivn or rene~al hereof. ~
:~t i+.a-fi:cnd r . Lein ( SEAL)
State documentary stamps in ttw ~oan E. Lein (SEAL}
ariount o£ $ I .75 are ~SE~}
a£fixed tQ the z~ortgage secured
hareby. BGOM~ PAGE- ~ (SEAL)
~