HomeMy WebLinkAbout0978 . 3$64~ ~
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THIS INDENTURE, Mads tw ~th dsy of Januar _ ~a. 19^
Patriek Roao~ ' ~ .bis wife
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of St. T.tiC~~! Co~~ty f~a;da, heaeinafter des'gnated as 1he °MORTGAGOR;' ~nd FIRST FEDERA~ SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, a co~poratio~ agani:ed and exiiti~?p under ~he laws of ths United Statn of America and Mvinp its pintipal plac~ of
busiaeu in the City of Fort Pieres, St. Lucie Cou~ty, florids, hereinafter desig~ated as the "MORTGA6EE:'
WHEREAS ths MORTGAGOR is justly indrbted'fo tM MORTGAGEf in t?~e swn o! i 28~~~•~ good and Iawful money of the Un:ted .
States advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a ce~uin promiuory nots of even d~te herewith, of which ths followirg i~
wads a~d figures is s trve cop~, to-wit:
~ 28,000.00 . No. ~4-23006644
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Fort Pierce, Florida, January 27 , 19 77 ~ ~
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For value receiv~ed, I, ~re, or either of us, promise to pay, ~rithout defalcation,
to the order of FIRST FEII~RAL SAVII+IGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort
Pierce, Florida, the sum of $ 28,~•~ ~ai.th interest from date at the rate af 3
8.5 ~ per annum, in ~nthly installments as follows: 22b.00 on the ~
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1Qth day of May , 19 77 and a like swn on the corresponding day of
each month thereafter until the Hhole be fully paid.
Each installment first sha12 be applied in payment of the interest and then on
the unpaid ba2ance of the prfncipal sum. If default is made in the payment of any
instaZlment Hhen due, and such default continues 30 daps, then at the option of the
hoZde r, and Without ar~y other notice, a11 the remaining installments shall be due and
payable at once. Privilege is given to prepay this note in whole or in part at any -
tir.~e frithout penalty. Neither forbearance, nor acceptance by the holder thereof -
after any default in anq pay~r~ent hereon, shall be deer~ed extension. A late payment
charge of $ 11.30 shall be assessed the 26th day o£ the month, if a regular
business day, or, if not a regular business day, then the next business day, on each _
monthly instal].ment not then recefved.
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Each maker, surety and endorser hereof, 3ointlq and severally~, uaives demand, '
presentment protest and notice of protest for nonpayment, and further agrees to any :
extension of time of payment, either before or a£ter maturity, xithout notice to a~
o~ us; and to pay all costs of collection, including a reasonable attorney's fee in
the event of any default t~reunder, and hereby severall,y Waives all benefit of home- -
stead and exetr.ption under the constitution and laws of each State of the United
States, as against this obligation or any extension or reneua2 hereof.
(SEAL)
' s tr ck Rog~lino
State docw-nentary stamps in the (SEAL) ~
amount of $ 42 .00 are ( SEAL )
affixed to the' mortgage secured s yce ogo no
~0~.~3 ~ 95~ cs~~, .
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