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THIS INDENTURE, Mad~ the ~tb d,,, of Se~te~ber 19 76 r
.Ii~av A Rov and Patzicia Marie Roy, his wife
of - St . WCie County Florida, h~r~in~N~r designated as the "AM'1RTGAGOR," snd FIRST fEDfRAI SAVINGS AND tOAN
ASSOCIATION OF FORT PIERCE, • cwporatia? orpanized and existinp vnder th~ law~ of ths Unitcd Stat~s of /1rr»rica .~d h.~~ m a~P.~ ~.c. ot
busw»ss in tF» City of Fort Pi~ru, St. tuti~ County, Flotida, her~in~fitr d~lign~ted. as th~ "MORTGAGEE:'
_ WHEREAS tl+~ MORTGAGOR is justly indebted ro the MORTGAGEE in the wm of =~2~7~~•~ , good and t~wf~l mw~ey of tht U~ited
States advanced by the MORTGAGEE unto tF~e MORTGAGOR, as evidenced by s cert~in promiuory note of even date her~with, of which tM followirq in ;
words ~nd fiyures is • true copY, fo-wit:
~ ~2~~nn_en No.~d-23001801
Fort Pierce, Florida, _ Seote~bez 29 , 19 76 -
For value received, I, we,or either of us, promise to pay, without defalcation,
te the order of FIRST FED:,RAI. SAVI2~GS AND I,OAN ASSOCIATIUV OF FORT PIERCE at Fort .
Pierce, Florida, the sum of $ 32,700.00 aith interest from date at the rate of
8.~5 ~ Per annum, in monthly installments as follrnas: $ 26q.00 on the
1Ct?~ day of January~ , 1~ 77 and a like sum on the corresponding day of
eac~: r~onth thPreafter unt.il th? whole tie fully paid.
Euch installr~ent first sra1.1 be applied in pay~n:~nt of ths intcrest an~ then on
~ thr: ur.paid balance of the principal sw~n. If default is made in ths pay-ment of arry
~ ir,Gtallrpnt Hhen due, 3nd such d~fault contirues 30 days, then at the option of the
~ holder, and yithout any other notice~ all the remaining installmenLs shall be due and
pavablc at once. Privilege i:~ given to prepa,y this note in Nhole or in part at any
; tir:~ Frithout ~n^lty. ?d~ither forb~arance, nor acceotance b,y th~ hol~er thereaf
; ~r a.;;; G'f3L:3~ i.~ an~ pa;l::er.t hsi•3~~r., sha11 Q~ desr~d ex_t~r.aion. A la~e p3y.~nt
; cr,arge of $ 13.45 shall be assessed the ?6th da,y of the month, if a regular
~ b~:in~ss day, or, if not a regular business day, then the next business day, on each
nor.thly installrr~nt not then received.
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Each r:ia'Ker, surety and endorser hereof, jointly and severally, ~aives dertand,
- p~t;sentment protest and notice of protest for nonpayr,~ent, and further agrees to a~y
: ex.ter.sion of tir~e of paynent, either before or after maturity, ~ri.thout notice to at~r
z of us; and to pay all costs of collection, including a r~asonable attorney's fee in ~
the event of any default hsreundsr, and hereby severally waives all benefit of home- E
stead and exe~:ption under tha constitution and laws of each State of the United
Stat~s, as against this obligation or any extensian or reneWal hereof.
~ ~ s/ Jiawy A. Roy (sEAL)
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~ Statp documantaty starnps in the (SEAL)
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d a~:~ount o~.' $ 49•05 a~ s/ Patricfa Narie Roy (SEAL)
` affixed to the r::~rtgage securnd
° hen3by. ~ (SEAL) .
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