HomeMy WebLinkAbout0735 - . s
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THIS INDENTURE. Msd~ the 1~~ d+Y ~
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Dem~ie 8. Aicholla aad F~anc is l~i~ ll . hia • ;
o{ S*.. Ia~cie ~yniy Fiorida, hertin~ft~r design+ted +s the "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND IOAN }
ASSOCIATlON Of fORT PIERCE, a corpora?+on wpani:ed +nd ~aistu~p uader fM 1a~ws of tM Un~ted Sta~~s of Mwrka ~nd fi~vUg Na princips) p1ao~ of ~
busieass in th~ GtY of Fort Pi~ru. St. Luw Ca?nty. Fbrid+, MrtiMfta desipnarsd ~s th~ "MORTGAGEE:'
WHEREAS the MORTGAGOR ts justly indebf~d to-th~ MORTGAGEE in 1he s~ari of i jy good and lawful ma+ey of the United
States advanced by the MORTGAGEf v~to ths MORTGAGOR, a: ev'~denced by a urta'u~ promissory ~ota of eden d+te herewitlw, of which tM followiry in
words and figurp is a trvs oopy, towit:
~ 3,300.00 . No._~-2300Tb7? j
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Fort Pierce, Florida, Fsbrnar~? lf 19'~ - ~
For value receiv+ed, I, We, or either of• us, promise to pay, iri.thout defalcatian~
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~ to the order of FIRST FEffiRAL SAVINGS AND IAAN ASSOCIATION OF FORT PIERCE at Fort
; Pierce, Florida, the sum of $ 3,3~•~ xith interest from date at the rate of
; 8.75 ~ per annum, in month'~y installmetnts as follotirs 75.00 on the
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F lOth day of Aor3.1 , 19 77 and a like sum on the corresponding day of
each manth thereafter until the xhale be full,y paid.
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~ Each installment first shall be applied in payn~nt of the interest and then on
; the unpaid balance of the principal swn. If default is made in the payr~ent of arry
~ installment ~t?en due, and such default continues 30 days, then at the optian of the
~ holdsr, and withont ar?y other notice, all the rer.?aining installments shall be due and
~ payable at once. Privilege is given to prepay this note i~n ~hole or in part at any ?
time ~rithout penalty. Neither forbearance., nor acceptance by the holder theraof
~ after ariy defanlt in any payment hereon, shall be deemed extsnsion. A late paymant
' charge of $ 3•75 • shall be•assessed the 26th day oP the aionth, if a regular
~ business day, or, i.f not a regular.business day, then the next business day, o:i each
monthly installment not then received. -
Each maker, surety and endorser hereof, ~ointly and several~y, ~aives demand,
prese~taetst protest and notice of protest for nonpaya~ent, and further agrees to ar~y
extension of time of payment, either befors ar after aiaturity, irithout notice to an~
oF us; and to pay all costs of collection, inaluding a reasonable attorney's fee in
the event of any default hereunder, and hereby several~y xaives all benefit of home-
stead and exemption under the constitution and laxs of each State of the Unfted
States, as against this obligation or any extension or reneWal hereof.
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j S/ Derniis 8. Nicholls (SEAL) ~
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; Stats docw~entary staaaps in the
, amount of $ 4•95 are S/ Francea K. Nicholla (SEALj
affixed to the'mortgaga secured
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` 2~e~by. ; ? ~ ~E ' SEAI.
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