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2' d Se pte mbe r ~ A.D. 19 betv+~~n
THIS INDENTURE, Mad~ t1i~ day of .
Bert 1~eilly and Rita ~~as Nei y, is fe ' -
of ct. Lucie ~~~ty Flor~ds, fiereinafter desynated as the "MORTGAGOR:' snd FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION OF fORT VIERCE, a twporafion oryanized and ex~sting unde~ the laws of the Un~ted St~t~s of AmKiu a~d havieg its ptinapa~ p~+o~ of
businets in the Ciry of Fwt Pierce, St. Lucie County, Florida, ixreinaher dasig~ated as ~hs "MORTGAS3EE."
WHEREAS 1hs MORTGAGOR is justly indebted to the MORTGAGEE in the wm of S 5~)~~• good and lawful money of the Unifed
States ~dvarued by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certain promissory note of ever? date herewith, of whith tM folbwinp 6?
wwds snd figures is a true copy, ro-wit:
$ 5, c~0.0o No. 01-23001ty1.t?
Fort Pierce, Florida, ~eptember 23 , 19 ~ 76 ~
For value received, I, we,or either of us, promise to pay, Kithout defalcation,
~I to the order of FIRST FED~RAL SAVINGS AND LOAN ASSOCIATIQ`' Or FOAT PIERCE at Fort
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Pierce, Florida, the sum of $ xith interest fron date at the rate of
! 9.~ ~ pe r ar.nvm, in rr.onthly instaZlments as follaxs 89 on the
` 1Cth day of l:o;rerbe r , 19 76 anc~ a like sum on the corresponding day of
eacr month thereafter until the Whole be fully paid. `
Each installr.~nt first shall be applied in payment of th~ interest and then on
the ur:oaid balance of thp principal sum. If default is made in the pay-ment of at~y
in~tallment When due, and such default continues 30 days, then at the option of the
holde r, and withaut any other notice, all thz remaining installments shall be dus and
pa~•able at once. Privilege is given to prepa~r this note in xhole or in part at any
tir:e ti,rithout penalty. Neither forbzarar.ce, nor acceptance b,y the holder thereof _
after ariy default in any payir,ent hsreon, shall be deer.ied extension. A late payrsent
charge of $~.1~K shall be asssssed the ?6th day os the month, if a regular
business day, or, if not a regular business day, then the next business day, on each
n~nthly installaEnt not then received.
Each malcer, surety and endorser hereof, 3ointly and several~y, ~aives demand,
presentrnPnt protest and notice of protest for nonpayment, and farther agrees to a~y
extsnsion of tir.p of pay~ent, either before or after ~aturity, tirithout notice to a~
of us; and to pay a~l costs of collection, including a reasonabZe attorney's fee in
th~ event of any default hsreundsr, and hereby severally xaives all benefit of horr~-
ste3d and exemption under the constitution and ]aws of eac:~ State of the United
States, as against this obligation or any extensivn or raneWal hsreof.
S/ Bert tiei2lY (SEAL)
State d=xur,~ntary starr,ps in the (SEAL)
arno~ant of $ a.? K ~ ai'e Rita Mae ?ie illy
affixed to the ~:ortgage se~ured (SEAL)
hereby. (SEAL)
~ z58 PAGE 44~
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