HomeMy WebLinkAbout0536 .
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~is i~. M.d. 16th d,y . ~ ~~~raasy ~?.n. i9~2.. b.nw.«~
Dona~d B. Lord and Stans? ~~~j~~~$ wife -
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f St _ 1_t~C ~ e ~ CpHNy. Flotid~. Mrein+~t~r daipn+ted ~s tM "MORTGAGOR," snd fIRST FEDERAI SAYINGS APA LOAN
/~SSOCIATION OF FORT PIERCE. • oorpwation otpM~issd ~nd ~xistiny uewl~r tM I~ of tM Unitad StaNS of /lmrka aed havinp ils princfpal P~~a o~
a+.r+... in th. an? of Fon Pi.ro., sr. u,a. cow++r, fb.ia+, h...in.ft.. d..~pn.ad 16
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VYFfEREAS th~ IMORTGAGOR is jwtiy ir~MM~d to th~ MORTGAGEE tn tM wm of i s • good snd lawfol mor»y of th~ Uni~ad'
51ala adv~nc~d by th~ MORTGAGEE unro tM MORTGAGOR, ~s svid~nced by • oert~in promissorY note of evsn date Ix~~with, oi which tlw fdlowirp in
~wordt and fipwa it ~ trw copy. 1o-wit:
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000.00 . NO. 02- 23006750
Fort Pierce, Flor3da, February 16 ~ 19~ ~
For valne receiv+ed, I, We, or either of us, promise to pay, Mi.thont dafalcatian~
to the order of FIRST FE?ERAL SAYINGS AND LOAN ASSOCIATION OF FORT PISRCE at Fort _
~ Pie rce, Florida, the susi of 16 ~ With interest t'roa date at t2~e rate of
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8•~ per armum, 3n monthly installn~er~ts as folloWS: ~ 132. an t2ie
lOth day of April , 19 77 and a like sum on the corresponding day of
each month thereafter until the ehole be f'ully paid.
Each install~aent first shall be applied in payment of the interest and then on
the unpaid balance oP the principal swn. If default is made in the payment of atr~
insta2lment ~rhen d~, and such default continues 30 days, then at the optian of the ;
holder, ana Withaut any other notice, a11 the reiaaining installments shall be due and
payabl,e at once. Privi.lege is given to prepay this note in xhole or it3 part at a~ f
time ~rithout penalty. Neither forbearance, nor acceptance bq the .holder theraof
after anpr @efault in a~r payment herean, shall be dee~ed extension. A late payment
charge of ~ 6.~ shall bs assessed the 26th day of the month, if a regnlar .
'business day, or, if not.a regnlar business day, then the neut h~isiness day, on each
monthly iastalla~ent not then received. '
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Each s~aker, surety and endorser hereof, jointly and several~jr, xaives demand, `
- presentment protest and notice of protest for nonpayn~ent; and further agrees to aqy ~
extension of time of payment, either betare or after maturity, ~rithout notice to aYqr ;
of ns; and to pay all costs of collection, including a reasonable attorney's fee fn '
the event of any defanlt trereunder, and hereby severall,y sraives all benefit of home-
stead and eaemption nnder the,constitution and lairs oP each State of the IInited
States, as against this obligatian or any extension or renewal heraof.
S/Donald 8. Lord (SEAL)
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State documentary stamps in the (SEALj
amoar?t of $ 24.00 are S/Stana R. Lord, his wife
aftixed to the aortgage secured (SEAL)
berebs?. -(SI~IILj
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