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THIS INDENTURE, Made the2~th day of July ~ 19_i bNwea+
Llo~ d Ta~ior snd Clotilde F. ~aylor, his wife -
of -__St. I.L1CiA ~ County Florida, hereinafter desgnated as the "MORiGAGOR," and F1RST fEDERAI SAVlNGS ANO IOAN
ASSOCIATION OF fORT PIERCE, a corporetion organ~zed and ex~at~ng undcr the laws of the Un~ted Stat~s of America and Mvinp iri principal pisoe of
business in the City of Fort Pierce, St. Lucie County, flwida, hereinafter designated as tF+s "MORTGAGEE." _
WHEREAS the MORT6AGOR is jus~ly indebtrd 1a the MORiGAGEE in the sum of S~ 'J good and lawful money of the United
Srates advanced by the M~R?GAGfE unto the MOR~GAGOR, as evidenced by a certain promissory note of even date herewith, of wh~ch the following in
words and figures is a true copy, to-wit:
:
~ 1~~, 500. c~~ No. zoo22c~54
Fort °ierce, Florida, Juiy 20 ~ 19~ 76 i
For ~ a?ue received, I, we, or either of us, promise t~ pay, without defalcation,
i to the order of I~ZRST Fr:~~RAL SAVIF7GS AND LOA;d ASSOCIATIQV 0~ FORT PIERCE at Fort
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; Pie rce, Florida, thg sum of ~ i~~~~~ Frith intea-est from dats at the rate of
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~ ~ per anatL~n, in ~:onthly installments as follo:~s : $ j~ 3• ~ on the
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~ lOt~~ day of =+ovember ~ 19 7° an~3 a lil:e surz on the corresponding day of :
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~ each month thereafter until the hfiole be fully paid. ' `
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Y F.ach installr.~nt first shall be applied in pay~nt of th~ interest and then on
~ the ur.paid balance o£ the principal sum. If default is nade in the paynent of atYy -
~ installment when due, and such default continues 30 days, then at the option of the ~
~ holder, and without any other notice, all the renainin~ installments shall be due and
~ payab~e at once. Privilege is given to prepa,y this note in whole or ie2 part at any
; ti~r.~ witho~at pQnalty. tdeither forbearance, nor acceptar.ce by the holder thereof _
K after an,y da~'ault in any pa•.., nt hereon, shall be deer~d extsnsion. A late payr~ent
~ charg~; of 65 sha11 ~e assessed the ?6th d3,v of the month, if a rsgular
~ bu~in?ss da~, or, if not a re~ular business day, then the next bu.~iness day, on each
~ nanthly installr~nt not then received.
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~ Each ma4cer suret and endorser h~reof oin~l and sevarall ~
~ y , j y y, waives c?•..m~nd,
preser.trPn'~ protest and notice o£ prot~est for nor.payir~nt, and further agrees to any
~ extension of t.,irr_ o£ paym~r.t, eith~r b~fore or after r.K-~~urity, without notice to any
_ of us; and to pay all costs of cellect,ion, inc~uding a r~asonable attorne~'s fez in
§ ~he event o~ any ~fault h~reund?r, and hereb~• sev2ra?ly i,raives all banQfit of hc:ns-
- stead and Qxer:ption under the constitution art~ laws o£ each Stats of the L'nited ;
~ Stat,~~, as ag3inst this obligation or any extension or renewal hereof. ~
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` - S/ Lloyd :'ay~or (SEAL)
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~ St~Ls docwr•:Pntary st~mp~ in t~ (~EAL)
~ u::~ount, of ~27 7~ are T
' S/ ~lOtiide F. .aylor (SEAL)
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affixc;cl to th~~ r;o.•tgz~a ..ec~it~ed
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~ har}~~y. _ - (SEAL)
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F r~ ~S~ PA~E ~
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