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HomeMy WebLinkAbout0290 _ ~018 THIS INDENTURE. M+de ~he '1th day of March A.D. 19_~' . bttwNn S'. r~n{t r-Ttuam.is.. aad ~@S13 [1pThnma~ hi c~~*~,~,~. of St. t-uC1@ Counry Florid+. Mrtinafta~ d~signated as the "MORTGAGOR," ~nd fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, • cwporatan a~anized snd ex~stir~y w~der the bws of the Unitcd Sat~s of Amuiu and havinp its pri~cipal pl~o~ of busin~st in th~ Ciry of fort Pierc~. St. lucie County, flaids, hpa~naftet deaipoated ~s 1M "MORTGAGEE:' WkiREAS tM MORTGAGOR a ~ustly indtbted to the MOR~GAGEE in the sum of : ~2 ~ 900. 00 s„d y~N,ful money of rhe Unaed States advarxed by the ldpRTGAGEE unro the NtORiGAGOR, as evidenced by + cenain promissory rate of even date herewith, of wh~ch tM followinq in word+ and (ipursa is a~rus copY, to-wif: $ 32,900.00 No. 01-2300~31Et6 Fort Pierce, Flori~da, March d ~ 19 ~ 77 " For value received, I, ke,or either of us, promise to pay, without defalcation~ to the ord~r of FIRST FEL'`~RAL SAVINGS AND LOAN ASSOCIATIQIY OF FORT PIERCE at Fort Pie rce, Florida, tt~e sum of $ 32 , 900. 00 xith interest from date at the rate of $.5, ~ per annum, in monthly installments as folla~as: $ 265.00 on the lOth day of .1une , 19 and a like sum on the corresponding day of R ~ each month thereaft,er until the Wt?ole t~e fully paid. ! _ . . ~ Each installment first shall be applied in paymsnt of ths interest and then on the urpaid balance of the ~rincipal sum. If default is made in ttie pay-ment of any ~ installr.~ent ~rhen due, and such default cantinues 30 days, then at the option of the ~ holder, and ~rithout any other notice, all the remaining installments shall be due and payable at once. Privilege is given to prepay this note in Whole or~in part at a~r ~ time erithouL penalty. I+teither forbearance, nor acceptance by the holder thereof ~ after any default i.n any pay~ent hereon, shall be deened extsnsian. A latc3 payr~ent char~e of $ 13.25 shall be assessed the ?6th day of the month, if a regular ~ business day, or, if not a regular business day, then the next business day, on each - ~ monthly installment not then received. " r , ~ Each make r, suretq and endorse r here of, 3ointlp and seve rally, Waives demand, ; present:r~nt protest and notice of protest for nonpayment, and further agrees to any ; extension of tirr~ of payment, either before or after maturity, ~ithout notice to any of us; and Lo pay all costs of collection, including a reasonable attorney's fee fn - { the event of any de fault he reunds r, and he reby seve ral~y waive s all bens f it of home - ? stead and exemption under the constitution and lar.~s of each State of the United ~ States, as against this obligation or any extension or renaWal hereof. ~ " S/ Frank [aeThomas ~SEAL) ~ ~ State docur:tPntary stamps in t!p (SEAI,) ~ ~ amOU!1t of ~'y 49.35 _82~e S/ Lena ~eThomas ~ {SEAL~ ~ affixed to the ~ortgage secured ; r;c~~ ~~p her+ebq. c.~~ ~Ue) f~[?E ~AO (SEAL) s ~ • ' - i ~