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HomeMy WebLinkAbout0561 3~0~9~ ~ ~ ~ ~ ~6 ~ ~ ~ ~t~-~-- ,z~ - " tr+ts'INDENIURE, Mad~ tA~~-'llth d,Y of Ntarch' ' A.D. 19 b.~..~, Robert J. Spring, a single adult of St.I'uC e ~p~ny Fbrida, he~einaiter dsaignated ~s Ihe "MORTGAGa7R;' snd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATlON Of fORT PIERCE, a oorpwation or9anf:ed and e:i~~ing unde. tM I~ws of ~he Un~ted Stuti of America ~nd Mvi~y iri principd plac~ of buain~s~ in tM Ciry of Fon Pi~ru, St. luci~ County, Flaida, ~einafter desipn~ted tM "MORTGAGEE:' WHEREAS tM lNORTGAGOR is juttly indebted ro ti~e MORTGAGEE in rhe sum uf i-~~_~Qi.44 good and lawful money of the United SNt~s adv~oced by the MORiGAGEE uoto the MORTGAGOR, as eviJencad by a cert~in pran:sswy r.ote of rven date herew~th, of wh~ch the followinp in wwds and (i9ures is a trw copy, to-wit: ~ $ 22, 8n0 . 00 . No. 02- 230031n 3 f Fort Pierce, Flori,da, p!arch 11, ~ 19 7~ - For value receiv~d~ I, tire,or either of us, promise to pay, without defalcation, to the order of FIRST FEI~RAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pie rce, Florida, the sum of ~ 22 ~ 8~ ~rith interest from date at the rate of 8. 50 S6 pe r annum, in monthly installments as follos~?s 18`~ • n~ o:~ the lUth day of ~pril , 19 and a like sum on the corresponding daq of - each mo~th thereafter until thz ~.fiole be fully paid. Each installment first shall be applied in pay~nt of the interest and then on ' the ur.paid balance of the principal sum. If default is trtade in the pay-r.~ent of arry -e ; installr.~nt xhen due, and such default continues 30 dayrs, then at the option o±' the ~ holder, and Withaut any other notice, all ths remaining installr~ents shall be due and ~ payable at once. Privflege is given to prepay this note in whole or in part at any ~ tiur:~ iri.thout penalty. Neither forbearartce, nor acceptance b,y ~the holder thereof , after any default in any payrr.~nt hereon, shall be deemed extension. A late payment charge of $ 9.20 shall be assessed the 26th day o±' the month, if a regular ~ busin~ss day~ or, if not a regular business day, then the next business day, on each ~ mor.thly installment not then received. ~ Each make r, surety and endorse r here of, 3ointly and seve rally, Haives de mand, ~ p~sentr~ent protest and notice of protest for nonpayment, an~ further agrees to any extension of time o£ payn~ent, either before or after maturity, ~rithout notice to any of us; and to pay all costs of collection, including a reasonable attorney~s fee in ~ the event of any dsfault hereunder, and hereby severally Haives all benefit of hon~- ; stead and exeir:ption under the constitution and laks of each State o£ the L'nited p States, as against this obligation or any extension or rene~al hereof. ~ E F S/Robert J. ~pring (SEAL) ~ : . _c - -...,F ~ Stats docunc~ntarq stamp:, in tt~ " _ ~ a*~o~ant of $ 34 . 20 are S i",~~ Y r;_ ~-f ~ ~ affixed to the mortg~zg~ sec.tred ~'z ~ DO~~UM[NzAPY~= St~=.,v~~^ ~ ~ " . a_ : f, i ~ hereby• ~ n: - - ~ t.- i e~ ~~5 P,tr. PB. = n~.:~~~r; 3 4. 2 0 ~ i E _ ~ 4'- ~;;r;;% ~ _ • i ~ _ _ - ' i - ~ •