HomeMy WebLinkAbout0539 ' i
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llth •-~,:3f ,?:y = A.n. 19_ZZ bNw..n
iHIS INDEMIlRE. IM~d~ tl+~ day af . ~ .
lrlicba~l J. Go~tello ~?nd JQann~ N. Coste lo, his wif~ -
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pf St t u-{ Q ~ Cpusw~ florid~, MrtftifiM desipn+led u th~ °MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF fORT VIERCE. a aapaatioo orp+nizad ~nd ~xittirg undK tFw law~ of th~ Unit~d Sat~s of /lnwrka and MvY~p iM p~inCiP~~ P~ ~
b~nir~s in th~ Ciyr of Fwt Pi~u. St. Luci~ Cow+ty. Flo(id+. l~u~inaha d~sipn~td a th~ "MORTGAGE6°
WHEREAS fh~ MORTGAGOR ia ~ustly ind~bt~d to "t1N MORTG/VCEE in 1M sum of = 50, 400.00 ~,oa .~a i.wr~ u~~nd
Sh»a advannd by tM MORTGAGEE ~nto ths MORTGAGOR, u widenced by a u*t+in promissorli not~ of ewn date her~wld4 of whid~ Nw fdiowinp in
wwd~ and fiQuns is a tn» oopy, to-wit: -
$ Sp, 400.00 . No. 02- 23006651
. Fort Pie rce, Flor3da, Febzu~ac y 11, ~ 19 77i -
For value recein~ed, Y, We, or either of us, promise to pay, irithout defalcatioa~
to the order of FTRST FBLBRAL SAVIl~i(iS AND IAAN ASSOCIATION OF FORT PISkCE at Fort _
Pierce, Florida, the sua~ of $ 50, 400.00 ~ xi~h interest f'ron date at the rats of
S. 75 ~ ~ 415. 00 an the
~L per annum in monthly installme~s as follo~rs:
.
~ 77 and a like sum o~n the corres din da of
lOth day of April , 19___y__ _ P~ g Y
each month thereafter until the ~hole be Pul~y paid.
Each installment first shall be applied in payment of the interest and then o~ti
the unpaid balance of the principal snm. If default is made in the payment of a~
install.ment xhen due, and such default continues 30 days, then at the opLian of t~
holder, and Withwt any other notice, all the reaiaining installmants shall be dne and
payable at once. Privilege is given to prepay this note in Whole or in part at arqr
tiime xithaut penalty. Neither forbearance, nor acceptance by the holder thereof
af"ter a~r default in any payment herean, shall be deemed eatension. A late payDaent
charge of $ 20.75 shall be assessed ttre 26th day of the month, iP a regular
business day, or, if not a regular business day, then the next business day, on each
monthly installment not then received.
Each maker~ surety and endorser hereoP, ~ointly and severally, xaives demand~
piese~ment protest and notice of protest for nonpa~yaient, and further agrees to a~?
extension of time of payment~ either before or af'ter maturity, tirithout notice to a~y
of us; and Lo pay all costs of collection, inclnding a reasonable attorney's fee ia
the event of any default hereunder, and hereby several],y raives all benefit of home-
stead and eaemption under the constitutfon and laxs of each State of the United
States, as against this obligation or any extensfon o~r raner~al heraof.
S/Michael J. Costello (gg~y)
State documentaxy stamps in the (S~~) -
amo~unt of $ 75 a~ S/Jeanne M. Costello, his w~~~~
affixed to the mortgage secnred •
bereby. ~ ~ (SEAL)
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