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HomeMy WebLinkAbout0735 - . s , - _ - ~ ~ 3s8z~? ~ ~ j . Pbtu~us~7r n.~. i9?? b.nM.«~ THIS INDENTURE. Msd~ the 1~~ d+Y ~ _ t : 1 •~1~. ~ 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 ~ Fort Pierce, Florida, Fsbrnar~? lf 19'~ - ~ For value receiv+ed, I, We, or either of• us, promise to pay, iri.thout defalcatian~ 4 . ~ 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 ~ 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. E - ~ 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. . ~ ~ ~ j S/ Derniis 8. Nicholls (SEAL) ~ E - (SEAL) ; Stats docw~entary staaaps in the , amount of $ 4•95 are S/ Francea K. Nicholla (SEALj affixed to the'mortgaga secured ' ~ ~ ` 2~e~by. ; ? ~ ~E ' SEAI. ~ ~ ~