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TNIS INDENTURE, Mad~ ths 7}'h d~y of Dece~nber , A.D. 19._ 76 bNw^en ~
ose . ne, a sngea • ~
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of Cpvnty Florid~, he~ei~aft~r design~ted as the "MORTGAGOR," ~r?~ FIRST FEDERAL SAVINGS AND IOAN
ASSOCIA~ION OF fORT PIERCE, ~ cwporation oryanized ~nd exii~inq unda the laws of the Un;ted St~t~s of Am~ric~ ~nd Mvinp ih p~incipal plac~ of
buiines~ in th~ City of Fort Pi~rce. St. lucis Counry, flwida, hcninahtr desipnated as ths "MORiGAGEE." ' -
WHEREAS tM MORTGAGOR is jvstty indebted to the MORTGAGEE in Me sum of = 1~~~0.~ ,;yood and lawful money of the United
Statcs advanced by the MORTGAGEE vnto the MORTGAGOR, as eviderxed by a certa~n promiasay nota of even date her~w~th, of wh~ch ths folbwinp in ~
words and iqurea :s w~n~w ~n..v tr...,:~•
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~ 10,000.00 No, 01-230d173~ ~
Fort Pierce, Florida, December 7 , 19 fi6 ~
For value received, I, we,or either of us, promise to pay, ~rithout defalcation,
to the order of FIRST FEI~RAL SAVINGS AND LOAN ASSOCIATI04Y OF FORT PIERCE at Fort
Pierce, Florida, the su~ of $ 10,000.rJ0 irith interest from date at the rate of
9.0 ;6 per anneun, in ~anthl,y installments as folloxs: $ 9~•~ on the
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j lOth day of January , 19_1~ and a like sum on the corresponding day of
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~ each rionth thereafter until the r~hole be fully paid. .
Each installr.~ent first shall be applied in payment of ths interest and then on
the unpaid balance of the principal sum.• If default is made in the payment of any
installment When due, and such dsfault continues 30 days, then at the option of the
holder, and Withaut any other notice, all the renaining installments shall be due and
payable at once. Privilege is given to prepay this note in s~hole or in part at at~p
tfm~: without penalty. Neither forbearance, nor acceptance by the holder thereof
after any de~'ault in any payment hereon, shall be deer~ed e~ctension. k late payinent
charge of $ l~.50 shall be assessed th~ 26th d3q of the month, if a regular
b~~si.ness d~y, or, if not a•regular business day, then the next business day, on each
monthly installraent not then received.
Each maker, surety and endorser hereof, 3ointly and severally, ~aives demand,
pnessntment protest and notice of protest for noapayment, and further agrees to aqy
er.tension of time of paymer.t, either before or a£ter maturitp, ~rithout notice to any
~ of us; and to pay alI-Costs of collection, including a reasor.able attorney~s fee in
the event of any c:efault hereunder, and hereby severally waives all benefit of hoir,s-
stead and exemption under the constitution and laws of each State of the L'nited
States, as against this obligation or any extensioc~ or reneWal hereof.
S/ - Joseph 0. IaBonte a sin Ze (S~AL)
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Statg docur.~entaty stamps in the (SEAL)
a~nount of ~ $ 15.00 are
affixed to the mortgage secured • (SEAL)
he reby. . `~c~~ PACE v~v~-- ( sEaI. )
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