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HomeMy WebLinkAbout0978 3s~~~s ~ THIS INDENTURE, 1M~d~ the ~ 6 t h ~y of a rc h A.D. 19? 7~ bslwe~n Paul J *ac~uin ~nd Dol~res Jacguin his wi.~.g • • i~ ~ of S't .1-tSCle County Florida, hereinafter desgn~ted es the "MORTGAGOR," s~d fIRST fEOERAI SAVINGS AND LOAN ASSOCIATION Of fOR1 PtERCE, ~ torporation pyaniud and existing ut+der the laws of ths United Stalts of Amerita and Mving ih principal plat~ of busin~ss fn the City of. Fort Pierce, St. lucie Govnty, Florida, hereinafte~ desiynated as the "MORTGAGEE." WHEREAS th~ MORTGAGOR is justly indebted to the MORTGAGEE i~ the sum of S--~Q~-QOQ.~Q--. 90~ ar.d lawful money of the United States advancrd by the MORTGAGEE unto the MORTGAGOR, ai ev+de~ced by a certain promissory note of even date harewith, of wh:ch the followiny in words and fiyures is a true copy, to-wit: ~ ~o ~oeo . oo _ No. 02-2300R137 ~ ForL Pie~e, Florida, r~~rch 16 , 19~ 77 " For value r8ceived, I, rie, or either of usi promise to pay, xithout defalcation, to the order of FIRST FEI~RAL SAV~JGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort - Pie rce, Florida, the $wn of $ 40 , 000 . 00 xith interest t~rom date at the rate of S~ ~ per annum, in monthl,y installments as follotirs 323 . n0 on the ~ lOth day of -T~lY , 19 and a like sum on ttte corresponding dap of - each month thereafter until the xhole be fullq paid. ~ Each installment first shall be applied in payment of the interest and then on ; the unpaid balance of the pri.ncipal sum. If default is made in the pay~n:ent of ar~t I instalLa~ent ~hen due, and such default continues 30 days, then at the option of the ~ holder, and Without any other notice, all the remaining installments shall be dus and ; payable at once. Privilege is given to prepay this note in whole or in part at any ~ tir.~ Wi.thout penalty. Neither forbearance, nor acceptance by •the holder thereof after any default in any payn:ent hereon, shall be deetrred extens-ion. A late paym~ent ~ charge of $ 16.15 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 dap, on each ~?onthly installment not then received. Each maker, surety and endorser hereof, 3o3ntZy and severally, s~aives der.iand, presentment protest and notice of protest for nonpayment, and further agrees to any , extension of time of pay~ent, either before or after maturity, Without notice to ar~y of us; and to pay all costs of collectiot~, i~ncluding a r8asonable attorneq's fee in the event of any default hereunder, and herebq severally xaives all benefit of hoir.s- stead and exemption under the constitutian and la~-s of each State of the United States, as against this obligation or any extensiat or reneWal hereof. ~/Pau2 Jacquin ~~E~) State docwnentary stamps in t2~? (SEAL) amount of $ 60.00 are S/D~lares .1aCquin, his wife (SEAL) affixed to the a.ortgage secured hereby. (SEAL ) - ~ q''1'1 -