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HomeMy WebLinkAbout0086 s - - - - _ 363894 , ~ THIS INDENTURE, Nlsd~ the 19th day of ' Aari~ . , ao. ~s~ b.+w..~+ Jaues Roy Albritton and Iva Jeanne Albritton. his wife of ~t. Lucie Cq~~ty Fbrids, he~einahsr designated as the "MORTGAGOR;' snd FIRST FEUERAI SAVINGS AND tOAN ASSOCIATION OF fORT PIER~E, • owporation txganized and existinp under tht laws of the United Stat~s of Ameriu and havMp its prLxipai piap of busin~ss tn ths Gty of fwt Pi~ru, St. Lucie Ca?nty, Fbrida, he~anaher desipnated u th~ "MORTGAGEE." WHERE/1S th~ MORTGAGOR is 'rystly indebted to the MORTGAGEE io the wm of i~a~~ , good +nd lawful money of the Unlted States ~dvanced by the MORTGAGEE unto the MORTGAGOR, u evidenced'by a oertain promissory oote of even date herewith, of wFiich the fdlowiny in words and figure~ is ~ true copY, to-wit: $ ~ .00 . No. 04-2 30100 59 Fort Pierce, Florida, April 19 ~ 19 ~ For value receiv~ed~ I, we, or either of us, promise to pay, ~?ithont defalcation, to~the order.of FIRST FEI~RAL SAVIl+iGS AND LOAN ASSOCIATION OF FORT PIERCE at•Fort _ Pierce, Florida, tl~ sum of $ ~0,000.00 xith intersst fram date at the rate of ~ 8. 5 ;6 per annum, in monthly installments as folla.rs :$~2 .oo on ths ~ ~ ~ lOth day of June , 19 and a like sum on the corresponding dap of E ~ i each m~onth thereafter until the xhole~be fully paid. _ ~ ~ Each instal.Loent first shall be applied in paya~ent of ths imerest and then on t,he unpaid balance of the principal snai. If default is made in the papment of ar~y insLallaient Khen due, and such default continuss 30 days, then at the optian of the holder, and ~+ithout ar~y other notice, all the remaining installments shall be due and ' payable at once. Privilege is given to prepaF this note in whole or in part at aTMy tin:e tirithout penaltp. Neither Porbearance, nor acceptance by the holder thereof after any default in any papment hereon, shall be dee~ed extension. A late payment charge of $ 12.10 shall be assessed the 26th d~y of the month, if a regular business day, or, if not a regular business day, then the next business day, on each - mor,thlp installic~nt not then received. . Each maker, surety and endorser har~of, jointly and severall,y, ~aives dar.fand, preser.tment protest and notice of pratest for nonpayment, and further agrees to any _ ' extension af tine o£ payment, either before or after a+aturity, without notice to ar~ ~ of us; and to pay aIl costs of collection, including a reasanable.attarney's fee iu the event of any dsfault hereunder, and hereby severally xaives all benefit of home- stQad and exempticn under the constitution an~ law•s of each State of the L'nited States, as against th3s obligatian or any extensicn or rensWal hereof. s/ James Roy Albritton (SEAL) , ~ State doc~unentarv stamps in the _ _ (SEAL) a~ount of $ 45.00 are s~va Jeanne Albritton (SEAL) affixed to the naortgage secured : hereby. a ~ 2~~ PA~f . ~ (SEAL) . 60LK _ . _ _ . _ - _ : _ - . -