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352293
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THIS INDENTURQ Made the 3rd ~y ~ ~ece:nber T a~. i9~(~. b.+w.«+
_ uera2d Sny~er an:i 3e~td'~.' S•iy3~e c~, hi Q•..; fg
of ~t• L11C~6 ~qi~~y Flwida, hereiruftc? detg~+ated ss tl+e "MORTGAGOR;' and FIRST FE~ERAt SAVINGS AND IOAN
ASSOCIATION OF FORT PIERGE, a caporatiw~ wgani:ed and e~c~stinq w+dc~ fhe laws of the Un~ted Stat~s of Americ~ ~nd Mvlnp in principal plau of ,
busin~u in the Giry of Fal PiNCe, St. lucie Covnty, flaida, hereioaft~r designated ~i th~ "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly indebted 1o the MORTGAGEE in tAe sum of S 2~i~U~~ good ~nd Iswful money of the Un~t!d
S~a?es advanc~d by tM N10RTGAGEE unw thc MORiGAGOR, as evidenced by a certain promiasory note of evsn date hcrewith, of wh~ch the folbwinp in
wordf Nfd (ipu~ea is a trw COpy, towit: -
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~ 2'=j0:~:~.OQ No. ~l_?~n~!~~;~K
Fort PiQrce, Florida, )ecambPr ~3 , 1976 '
For value received, I, ire, or either o~' us, promise to pay, xithout defalcation,
to the order oP FIRST FEII:RAL SAVI1tGS AND LOal1 ASSOCIATIO;J OF FORT PIERCE at Fort
; Pierce, Florida, ths sum of $ ~~,000.00 ~~th interest from date at the rate of
9. 0 g p~ r annur.i, in r.:onthly in~ tal lment s a s fo2la~rs ~ n2 on th~
,f `
' 1Cth c~~y of ~j a~'' ~'r:i 19 7~ an~ a like sun on the corresponding day of
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r each r~onth theraafter until ths ~rhole be fully paid.
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F.ach installa~nt first stiall be applied in payn~pnt of tt;e interest and then on
~ th~ ur.paid balanr.e o° the principal sum. If default is made in the pay-ment of any
installment uhen due, and such dsfault continues 30 days~ then at the option of the
haldar, and Kithout any other natice, all ths renaining installments shall be due and ,
payabl.s at o:~ce. Privile~e is given to prepav this note in Whole or in part at any
tur.e w~thout penalty. tJeith~r for~arance, nor accep~ance by the holder ther~o£~
after any @efault in any payrnent hereon, :4ha11 be deer•~ed ext~nsion. A late payment
charge of $ ?>i . 1:% shall be assessed the ~bth d3.y o~' the month, if a regular
business day, or, if not a regular business day, then the next business day, on each
m~nthly instalLrknt not then received. '
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Each maker, suretq ~nd endorser hereof, ~ointly and severally, ~aives deMand,
pressntment protest and notice of protest for nonpaynent, and further agrees to any
~ exter.sion o£ tir~e of payr.~ent, either before or a£ter rr.3turity, without ttotice to at~y
~ of us; and to pap all costs of collection, includin~ a reasonable attorney's fee fn
~ the event of ~ny d~fault hareunder, and hereby severally xaives all benefit of hore-
~ stead and ex~:n:ption un~er the constitution and laa:s of each State of the L'nited
~ States, as against this ob2igation or any extensicm or rene~al hereof. {
;~lie: •>3:i =~ri;f~er (SEAL~
State docur~nt,ary stamps in ttw 3° t~ f ~ jl f ie r (SEAL)
araount of $ ~5 _ ~p are ' (SEAL)
affixed to the r.wrtgaga secured p~E _
herebY• ' SEAL
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