HomeMy WebLinkAbout0121 - _
~~pp 0 ~
~~~7~
~ ~ 77' ` :
THIS INDENTURE. Mad~ ~he 24th ~y o f ~ : ' ~ebrud~l < < ~ ~w~
E~gene C. Wenzel and Avis A. Wenzel, his wife
of St. ~LlCle Cow~ty Flwida, h~r~inalter desigr.ated +s the "MORTGAGOR," and fIRST FEQERAI SAVINrtS AND W~AI'~`
ASSOCIATION OF FORT PIERCE. ~ cwpaatan a9an7:ed ~nd ea~~t~ng under tM taw~ of tl+s Un~ted Staty of America and h~virp its princlpd pMq ~1
buwwss in tM City of Fwt Pieru, St. Lucis County, Fluida, hereinaftu desqnatad ~s tM "MORTGAGEE:'
50 000 00 ~ ~
WHFREAS tM MORTGAGOR is justly indebted to th~ MORTGAGEE in the ium af i • • , good and ~ul nwMr if ~+e U~Nd
S+etes advanced by tF~e IAORTGAGEE unto ths MORiGAGOR, as evider.ced by a certain promisso~y note of even daie herewith, of whith tM followinp in
+~ords and fi9ures is a trw copy, towit: ,
~
!
$ 50.000.00 _ No. 04-23004573
Fort Pierce, Florida, ~ Februarv 24 ~ 19 77 -
For value received, I; we,or either of us, promise to pay, Without defalcation,
to the order oP FIRST FE~RAI, SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort -
Pierce, Florida, tthe sum of $ 50, 000.00 xith interest from date at tAe rate of
8. 5 ~ per annum, in monthly installments as follos,rs 4R,3 _ 00 on the •
i lOth day of ~ne , 19 and a like sum on the corresponding day of
'k each month thereafter until the ~hole be fully paid.
f
Each installment first shall be applied in payment of the interest and then on
the w^.paid balance of the principal svm. If default is made in the paynaent of an~
installment When due, and such default continues 30 days, then at the option of the
holde r, and Withwt a~ other notice, all the remaining installments shall be dus and
payable at once. Privilege is given to prepav thfs note in whole or in part at ar~r
tin~ irithout penalty. Neither forbearance, nor acceptance by the holder thereof
after any default in anq payment hereon, shall be deemed extension. A late payment
charge of $ 20.15 shall be assessed the 26th day of the month, if a'regular
business day, or, if not a regular business day, then the next business day, on each
monthly instalLrent not then received.
Each maker, surety and endorser hereof, 3ointlq and severally, Kaives der,and,
presentment protest and notice of protest for nonpayment, and further agrees to any
~ extension of time of payment, either before or after maturitq, ~rithout notice to arip
of us; and to paq all costs of collection, includ~ng a reasonable attorney~s fee in
~ the event of any default h8reunder, and hereby severally waives all benefit of home-
~ stead and exemption under the constitution and laks of each State of the United
~ States, as against this obligation or any extensivn or reneaal het~eof. ~
~ ~
~
_ ~
s/ Eugene C. Wenzel (SEAL)
State docun~ntarq stamps in the (SEAI,)
amount of $ ~5.00 8~ (SEAL)
s/ Avis A. Wenzel
affixed to the~ a:ortgage secured
hereby. ~ (SEAL)
~
~ F ~ i ~ Pf1GE 1~V . $
_
_
- ~ - _ ~
. - : -
- -