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THIS INDENTURE, AAid~ fhs 16th ~y of ; Septe~aber i ,•y~/?,p,-19_
7~ • behWM1
~ a/lc~a R c.~rles
Reinaldo M. Carles/and Emna N. Carles, hfa ~rife.
of St. Lucie Cp~y florida, hereinahat dssignated u th~ "MORTGAGOR;' snd FIRST FEDERAL SAVINGS AND IOMI
ASSOCUTlON OF FORT PIERCE, • oorpor~Yan ory~iud a~d ~xis~inp w~ds~ the Isv~n of ~iw United Sut~s of Arneriu ud havinp its pimcipal pl~a of
buii+»ss in tM City of Fort Pi~ru. St. luw County. Florkia, het*ioaha desipnat~d p ths "MORTGAGEE.••
WHEREAS fhe MORTGAGOR is justly indtbttd to the N10RTGAGEE in the wm of S33 7~'~ pood u+di~w(ul money of the Uroted
States advarxed by the MORTGAGEE unto tMe MORTGAGOR, as evidenced by a certain promissory note of even ~ e Mrtwitle, of which the folbwinp in
words and fgures is a trus copY, to-wir.
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~ 33, 700 .00 Np~ 23001033
Fort Pierce, Florida, September 16 ~ 19~76
' For value received, I, we,or either of.us, promise to pay, Without defalcation~
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j to the order of FIRST FEI~RAL SAVINGS APJD LOA?i ASSOCIATIG:Li OF FORT PIERCE at Fort
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~ Pierce, Florida, the sum of $ 33,700.00 xith interest from date at the rate of
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; 8.~5 ~ per annum, in monthly installments as follrn.~s: $ 278.00 on the
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~ 1(?th day of .lanuary , I9 77 and a like sum on the eorresponding day of
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~ each month thereafter until the t;hole be fully paid.
~ I~:ach installr.~ent first shall hs applied in payrr;~nt of ths interest and then on
~ the unpaid balance of the principal sum. If default is made in the payment of a~
~ installment when due, and such default cor.tinues 30 days, then at the option o~' the
s holder, and xithaut any other notice, alI tha remaining installments shall be due and
E payable at once. Privilege is given to prepay this note in Hhole or in part at any
~ tijr.~ without p~nalty. Neither forbaarar.ccs, nor acceptance b,y the holder thereof
~ aft~~r any default in any payi?Fnt hereon, shall be deemed extension. A late payment
~ charge of $ 13.9o shall bQ assessed the ?_6th day of the~ month, if a regular
~ buainess day, or, if not a regular business day, then the next business day, on each
r~~nthl~ installr.,ent not then received.
s Each maker, surety and endorser hereof, jointly and severally! xaives demand,
presentment protest and notice of protest for nonpay?~ent, and further agrees to ar~y
ex.tsr.sion of time of paynent, eitt~er before or after ~r.aturity, ~rithout notice to atr~r
- of us; and to pay a21 costs of collection, including a reasonable attornay's fee in .
- the event of any ~sfault hereunder, and hereby severally Waives all benefit of home-
stead and exemptio:l under the ccnstitut~on and lah~s of each State of the United
E States, as against this obligation or any extension or reneKal hereof.
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~ S/Reinaldo M. Carles a/Ic/a (SEAL)
~ R, Carle~ ~
; State docur,u:ntary stamps in tt?e (SEAL)
° araaunt of $ 54 are S/Eana K. Carles (SEAL~ .
~ affixed to the rortgaga secured
herebY• ~ (SEAL)
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