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HomeMy WebLinkAbout0256 ~~}~0 . . _ TMIS INDENTURE, Mad~ 2nd day of t~arch • A.D. 19 7^ bstwc+n Harold F. Beard and Sandra B. Fieard also knovn as Sandra Beasiey, hzs wife of St. Lueie ~p~nty Flaida, herein~fte~ detignated as the "MORTGAGOR," •nd EljtSt ,FED9tAt SAVINGS AND LOAN ASSOCIATION dF fORT PIERCE, a cwporat~on aganized and exit~infl undK the.laws of ths United Stat~s of ~ci Nd 1?~vinp iri printipat plac~ of busineu in tl+~ City of Fort P~erce. S+. lude Counry. Fbr~da. hereinafter des~gnated ~s tM "MOitTGAGEE:' WHEREAS 1M MORTGAGOR is jvsHy indebted to the MORTGAGEE en the sum of S 82s~~~ , good artd lawful money of the Un~ted States a~vanced by the 1dORTGAGEE un!o the MORTGAGOR, ss evide~ced by a certam promissory note ol even date herewith, of wh~ch th~ foilowirp in words and fiyures ~s a trur copy. to-w~t: " f'° $ 32 ~t?G .00 No. ol -2~!? ~OI~6 Fort Pierce, Flori~da, March 2 , 19 ?7 For value received, I, xe,or either or us, promise to pay, xithout defalcatian, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort - ! Piexce, Florida, the sum of $?2,500.00 xith interest from date at the rate of. ~ 9.d ~ per annum, in monthly installments as follo~?s: $ 6~3.~ on the ~ lOth day of AYril , 19 7? and a like sum on the corresponding day of ,each month thereafter until the whole be fully paid. Each installment first shall be applied in paym~nt of ths interest and then on the unpaid balance of the principal sum. If default is made in the payment of any installment When due, and snch dafault continues 30 days, then at the option o£ the holder, and ~rithout ar~y other notice, all the remaining installnents shall be due and payable at once. Privilege is given to prepa,y this note in ~hole or in part at any time irithout penalty. Neither forbearance, nor acceptance by the holde r thereo£ after any default in any payment hereon, shall be deeir~ed extension. A late paya~ent charge of $ 3l~.65 shall be assessed the 26th day o£ the month, if a regular business day, or, if not a regular business day, then the next business day, on each monthly instalLr~nt not then received. Each maker, surety and endorser hereof, 3ointly and severally, Kaives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to ar~y ~ of us; and to pay all costs of collection, including a reasonable attorn~q's fee in the event of any c3efault hereunder, and hereby severally xaives all benefit of home- stead and exemption under the constitution and laws of each State of the United States, as against this obligation or any extension or reneWal hereof. _ ~ :?arolci r . '?ea:~~ (SEAL) State documentary stamps itt ttw S/ 5a.ndra B. Beard , also known (SEAL) as Sandra Beasley araount o£ $ ~23.75 are affixed to the tr.ortgage secured (SEAL) heraby. ~ . ~r (sEAt) ~ F~ << ~:lh) PALE--~: - - - _ _ ~