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HomeMy WebLinkAbout0732 ti - - _ - . _ ` 35~296 • - THIS INDENTURE, IY4d~ tl~e llth d,y ~ Februarv ~92Z-. aTM~+^ . - Charles W. Palver and Robert~ L. Palie~ is~ wi of St I~C18 , Courqy florida, hereinahK design+?ed ss the "MORTGAGOR;' and FIRST fEDERAL SAVINGS AND LOAN ASSOCIATION OF PORi PIERCE. ~ aorpwation orgsnized and existiny u~de~ the bvrs of tM Ucut~d Staqs of M~eriu and haviig its P~inciP+~ Pl+~ °f business in tM City of Fat Paroe. St. Lvca County, florid+. her~inaher desipnated as th~ "MOitTGAGEE." ~ 17 OQO. ~ and lawful money of the United WNEREAS tM MORTGAGOR is jvstiy indebted to fM MORTGAGEE in the sum of ~ ? 9~~ States adranced by tl~e MORiGAGEE unto tl~e IMURiGAG~OQ: +a.wvidenc~d by a c~r+a±n ~+tti+n*sscry ~~4 af eve^ d~t't hwrwitfi, of whith the fo4bwi++Q in wwds snd figurq is a true copy, to-wit: 17 .000. Q~_ . NO. 01.2,~Q072 ~Z ' Fort Pierce, Flor3,da, Februarv 11 , 19~_ - ~ ~ For value received, I, tire, or either of us, promise to pay, xithout defalcation, to the order of FIRST FEI]ERAL SAVINGS AND LOAN ASSOCIATIQN OF FORT PIBRCE at Fort Pie rce, Florida, the sum of $ 1? , 000~ xith interest ~'ram date at the rate of s~75 ~6 per annum, in~ nanthly installmerits as folloits: $ 151.00 on the ~ 14th day of Apri~ , 19'7?~,~, and a like sum on the corresponding day of i r each month thereafter until the ~hole be ful~y paid. , ; Each installment first shali be applied in pay~nt of the interest and thea on the unpaid balance of the principal sum. If default is made in the payment of a~r ' fnstalLnent ~t?en due, and such dePault continues 30 days, then at the option of the ; holde r, and withaut any other notice, all the remaining installments shall be due and ' ~ payable at ance. Privile~e is given to prepay this note in ~hole or in part at any ~ time irlthout penalty. Neitber forbearance, nor acceptance by the holder thereof " a~ter any defaul~ in any payment herean, shall be deemed extension. A late payment k charge of $ 7.55 shall be assessed the 26th day of the month, if a regular ~ business day, or, if not a regular business day, then the ne~ct business dap, on each ~ monthly install.ment not then received. ~ i ; Each maker, surety and endorser hereof, ~ointly and several~}r, xaives demand, ` preser?tment protest and no~ic~' oP prot.est for nonpayn~ent, and further agrees to an~y extension of tinoe of payment, either before or after maturity, ~rithout notice to anQr of us; and to pay all casts of coll,ection, including a reasonable attorney's fee in the event of any default t~ereunder, and hereby sev~erally xaives all benefit of home- 3 stead and eaem~ption under the constitution and laws of each State of the Unitsd ! States, as against th3s obligatian or any extensiaci or reneWal hereof. _ ~ ~ S/ Charles W. Paln~er (SEAL) F ' State documentary stamps in the (S~~) I i amount of $ cn aY'e S/ Roberta L. Palaet (SEAL) affixed to the ~r#gage~ secured - ~ hereby. n~x (SEAL~ I E:;~ GU4 PACE E~ ~ ~