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HomeMy WebLinkAbout0972 _ _ 3 ~4~8 ~I iHIS INDENTURE. Made the 26th day of J~uary AD. 19 77 between By~ron l.a*aen~a sinale adult ~ ~ o~ St . Lucie ~q~nry Florida, hereinafta desgMl~ ~s ~ R t'a/~GO~ 1nd fIRST FEDERAI SAVINGS AND LOAN ~ ASSOCIATION OF FORT PIERCE. a corpor~tion urganized and cxisting under the laws of r, nited Statos of A~+e~ics and havir+p ib principal plac~ of buaineu in ths ~ty of Fort Pierce, St. Lutie County, Florida, hereinaifer dcsignated as the "MORTGAGEE." • WFiEREAS tM MORTGAGOR it j~»tty indebted to the N10RiGAGEE in the svm of = 26•~~•0O , good and Isvrivl money oi the United Srates advanced by the MORiGAGEE unto the NIORiGAGOR, as evidenced by a certa~n promiuory note of even date herewith, of which the followiny i~ 1 words snd tiaures is a true cOOV, fo-wit: 1 ~ $ 26,000.00 po.,05-23006594 Fort Pierce, Florida, January 26 , 19 " For value receiv~ed, I, We, or efther of us, promise to pay, ~rithout defalcation, to the order of FIRST FEDERAL SAVINGS AND IAAN ASSOCIATION OF FORT PIERCE at Fort Pie rce, Florida, the sum of $ 26 with interest from date at the rate of ~ 8.50 ~~r ~~nth~y instalLnents as follo~rs: $ 21O•~ on the lOth day of ~y , 19 and a like sum on the corresponding day of 1 each month thereafter until the Whole be ful],y paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the principal swn. If default is made in the payn~ent of any ~ installment When due, and such default continues 30 days, then at the option of the : ' holder, and without any other notice, all the renaining installments shall be due and payable at once. Privilege is given to prepay this note in xhole or in part at any ti~+~e ~rithout penalty. Neither forbearance, nor aaceptance by the holder thereof , after any default in anq payment heraon, shall be deemed extsnsion. A late payment charge of $ 10.5o shall be assessed the 26th day,of the month, if a regular busin~ss daq, or, if not a regular business day, then the next business day, on each monthly install~cent not then received. I Each malcer~ surety and endorser hereof, 3ointly and severally, Waives demand, ~ presemment protest and notice of protest for nonpayment, and further agrees to ar~y : extension of time of payrnent, either before or after maturity, Without notice to any ~ of us; and to pay all costs of collection, including a reasonable attorneq~s fez in the event of anp default hereunder, and hereby several]tiq Waives all benefit of home- stead and exomption under the cQnstitution and laWS of each State of the United Statss, as against this obligation or any extensim or renexal hereof. S~Bvron Larsen (SEAL) ~ State docws~entary stamps in the . (SEAL) ~ amount oP $ 39.00 al''e ( SEAL ) affixed to the aor~~gage secured 0 hereby. t~~ ~E ~ (SEAL) . . ~ - - _ , _ ~ . . - _ . . . ~