HomeMy WebLinkAbout0906 . `
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THIS It~ENTURE. NIa~M tFa 22ad d,y Fbbivat7? wa.•~oZZ. b.~.«+ '
Oa do M. tece~ snd Helen K. Leae? his Mife ~
of ' ---.Cow~h? Flarid~. ha~in~ftK deignated u th~ '9NORTGAGOR." ~nd fIRST FEDfRAI S~WINGS ANO IOAN
ASSOCIATION OF FORt.P1ERCE, a oo.pa~tion o.p~niad ~rd ~xistirg ~w~der ~h~ laws of tM Uend Sa»s d An~iu and i+~vinp tts prtnctP+~ Piaa of
bvstr~s h tM City of Fort Piua. St. lud~ Counry. fbrida. Iw«in~her d~sipn~nd as tM " TGAGEE."
NIiIEREAS-tht MORTGAGOR is jwtly b~d~btd td fhrJMORTGl1CrEE. in lh~ swn of ~ popd +pd ~a~tl rrwrwy of tM United
States ~dv~ncad by th~ MORTGAGEE unto tM MORTGAGOR, as evidenced by a un+in prom~uory not~ of even dat~ Mrewith, of which th~ fdlowirg in
words and fiyu~es is a trv~ oopy, to-wit:
~ 45,000.00 . xo. 0~-~3007584
Fort Pferce, Florida, l~bbroary 22 ~ 19 77 "
For value receiv+ed, I, fre, or either of us, promise to pay, irithont defalcatio~,
to the order of FIRST FEI~P.AL SAVII~S AND LOAN ASSOCUTION OF FORT PISRCB at Fort _
Pierce, Florida, the snm of ~~5,~•~ ~ xith interest fron date at the rate of
~.5 ~ per annum, fri month~r instal~ents as fo2lorrs: $ on the
ldth day of J~ , 19 ?7 and a like sum an the corresponding day of
each month thereafter until the xhole be fully paid.
Each install~nt first shall be applied in paym~nt of the interest and ~hen on
the unpaid balance of the principal snm. If default -is made in the payn~ent of any
installment When due, an~ such default continues 30 days, then at the optian of the
holder, and xithout any other notice, all the remaining installments shali be chie and
payable at ance. Privilege is given to prepay this note in Whole or in part at at~y
time irithout penalty. Neither forbearance, nor acceptance by.the holder thereof
aPter ar~q default fn any payment hereon, shall be deemed extension. A late payment
charge of $ 18.15 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 day, on each
nanthly installment not then received.
Each maker~ suretq and endorser hereof, ~ointly and several~}r, ~?aives demand,
presentment pro~test and notice of protest for nonpayment, and further agrees to aqy
extension of time of payment, either before or after maturity, Without notice to a~r
' of us; and to pay all costs of collection, including a reasonable attorney's fee in
the event of aqy default hereunder, and hereby several~y xaives all benefit of home-
- stead and exemption under the constitution and la~rs of each State of the IInfted
States, as against this obligation or any extension or reneWal hereof.
3/ Oa~aldo M. Leon ~g~~~
Stats.~ docwaentary staunps in the - (SEAL)
amoUnt of $ b7.5V T are 31 AeLen N. Lea~ (SEAL)
affized to t2~ mortgage secured
he~bY• (3EAL)
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