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THIS INDENIURE, Made +n~ t h day of Se pt e mbe r ~ ` ~ ' ~ A,p, ~q 76 be~we~
G. B. Walters an~ Alliece Walters, his wife,
of SL . LLiC1Q Cwnry Florid+, hereinafrer desgnared as the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIAilON OF FORi PIERCE, • co~posae.on o~ganized and ex~st~ng vnder the laws of the United S~stas of Ameries and havu~p iri principal Plsu of
business in tM City of Fort Pierce, St. lucie Cou~ty, Flaida, he~e~~after dea~gnated as the "MORiGAGEE."
WHEREAS ~he MOitTGAGOR is iusHy indebted to the MORTGAGEE in the sum of S 18 O~ goud +nd lawful money of the Un~ted
Srates advanced by the tdORTGAGfE unto the MORTGAGOR, as evidrnced by a cena~n prom~ssory note of ~ven date herewith, of whith the followir~ in
words and Figures is a?ruo coDY. tovvit:
vi~~~~p.n~ r(a~01-23001603
Fort Pierce, ~lorida, September 27 , 19 ~7b -
; For value r~ceived, I, we,or either of us, promise to pay, xithout de£alcation,
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~ to thc order of FIRST FE~=RAL SAVITJGS A`~D LOAN ASSOCIATION Or FORT PIERCE at Fort
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~ Pie rce, Florida, the sum of $18,000.00 ~~ntith interest from date at the rats of
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~ 8.75 ~ p~r anm.;m, in monthly installnents as follo•~rs: $ 148.00 on the
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~ lOt~? day of January , 19 and a like sum on the corresponding @ay of
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~ ~ach nonth thereafter until tYta rfiole t~: fully pafd.
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~ Each i?~:~tallr.^~n~ first shall be applied in pay~wnt of ths interest and then on
~ the unpaid balance of t'~A principal sum. If d~fault is rade in the pay~s.ent of atYy
in~tallment when due, and such d~fault continues 30 days, then at the option of the
~ holde r, and withmat any other not±ce, all the renaining installments .shall be due and
~ pavable at once. Privile~e is given to prepa,y this nots in Khole or in part at any -
tir.:e ~.-ithout ppn3lty. P+either forbparat!cA, nor acceptance b,y the holder thereof
after any default in any paym.ent hereon, shall be:deerned extsnsion. A late payment
ct,arge of $ 7.40 shall be assessed the ?bth day o£ the month, if a re~ular
b~:sin~ss day, or, if not a re~uular business day, then the next business daq, on~each
Manthly installr¢nt not then received. ~
Each maker, surety and endorse r hereof, jointly and severally, uaives demand~
pres~ntment protsst and notice of protest for nongayment, and further agrees to ar~y
extension of tir.n of pa~r~ent, either before or after maturity, ~rithout notice to at~
of us; and to pay all costs of collection, including a reasonable attorney's fee in
; th~ event of any dsfault~ h~reunder, and hereby severally uaives all benefit of home-
stead and exempLion under the ccnstitution and laws of each State of the United
States, as against this obli~ation or any extension or rene~al hereof.
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~ 5/G. B. Walters (SEAL)
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~ State documentarp stamps in thn .V ~s~~~
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~ ar!ou!1t of $ 27 .00 are 5/A11 iece Wa lter s ~SEAL~
af£ixed to tt:e r.,ortgage sQCUred
hareby. C (SEAI,)
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