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TNIS INDENTURE, Made ~h~ 13th day of ~ctober A.~. 19
76. betw~e*~
A1 frc3do ~ l~nesen and Marv Cortez de Arn~g~. his wfr,~
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of $t. Lueie ~p,~~y Florida, hereineftsr deaign+~ed ss ~he "MORTGAGOR," and FIRST Ff.DERAI SAVINGS AND IOAN
ASSOCUTtON OF FORT PIERCE, • cwpwat~on wganizcd and ex~sring unde. ths laws of ~M Un~ted Se~~~s oi Arneriu ~nd Mvirg in princip~) pt+ce of
bv~inea in tla City of Fwt Pi~ree, S~. luc~e County, Florids, hereinafter deai9n~ted as t??s "MORTGAGEE."
WHEREAS tM MORT6AGOR is justly ~ndebted ~o the MORiGAGEE in the a~m of S 39, 900. Q~ good and I~wful money o( the Un~~ed
S~ates advinced by 1M MORTGAGEE uNO the MO~TGAGOR, as ev~denced by • cena~n prom~ssay notc of even date Fxrew~th, of wh~ch the ioitowing en
wwds and figure~ ii a~rye Fopy. to-wit: . .
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' . . , . t . j ~
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$ ' ~39,90Q.0~~'~~. No O1-23002411
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~ ~ e . ,
. Fo:t Pierce, F~orida, October 13, , 19 ~6
r'~r Valua rac:ei~~ed, I, wJ; o~ eitiier of us, promise to pay, Kithout dsf'alc:stion~
to th~: order of FIRST FF.D3RAL SAVI1dGS A;ID LOA?~ ASS~IATIC~.`` Or FORT PIERCE at Fort
Plc~rcL, Florida, th~ siam of ~ 39,900.00 xith interest fron d3te at the i~ate oi
g~ 75 ~ pe r annur.i, in n;o:~thly installment:, as follo~~s 329. 00 on ths
,
~ 1Cth day of ~~~~r , 19 76 ar.c? a like sum on the correspor.ding day of
~ eacr r::ontY: th~reatter until thP whole bc: fu1?3• paid. ~
E FK-~ch installr.~n~ first shall be a lied in a Q o +n ~
pp p yrr:_nt of th.. in....re~t and th.,n on
th~- ur.pafd ba1 anc~ of th^ prir.cipal sur~. If defa~lt is msde in the. payrr.ent of any
in~ta?lr.~nt When due, and suc?~ default continues 30 days, th~n at thP optien of ~hs
holder, and uithcnit arr~ other notice, all th~ renainin~ installr:ents shall be dus and
pay~b'.e at once. Privile~e is giv~n to prepa~r this note in Whole or in part at any
ti?~ w-ithout penalty. T~sither foroearance, nor acceptance b.y the holder thereof
after an,y de!'ault in any payn:ent hereon, shall be deerpd extension. A lats pay^aent
cY~~rge of ~ 16.45 shall ba assr.ssc:d th? ~6th d3y o~' the month, if a 2`^~U133`
b~:~ir~ss d~y, or, if no~ a re~,ular ~usi.ne.,s d3y, then tha naxt busines : d~~,~, on c..`.~
monthly installnent not then received.
Each ma;cer, surety and endor~Qr hsreof,' jointly and severally, waives C~~taar.d,
pi~•s~r.tTf:nt protest and notice of protsst for nonpayr.,~nt, and further agrnes to any
~ ex.tension o£ tim o!' payr.~r:t, eithsr ~.°or~ o: a°ter rwturity, wi~hout notice to any
~ of us; and to pay all ccst,;; of co22ection, inc~ ~ding a reasor.able attorne~'s fee i.n -
the even+ of any c~fault h~reund~r, and hereb~• severally N~ivas all benef'it of hc:r:a-
staa~ and exe~:;.tion under the co:~~tituf~ion ai:~'. lak, o~' each State of the L'nite~
StaLes, as agatnst thi, obli~atio:~ or any cr.t~nsic:~ or renehal h~r~of.
~
S/ fredo J. Arnesen (SFp_L)
Stat~ docura~ntary stamp: in t?~ ~ (S~~i,)
anount of 59.85 ~ r~ ' S/Mary Cor ez de Arnesen,his wi~~~,~
aff~x~:d to tha ::nrtgabe se~ured
1
heraby. ~ R ` ~ ' (SEAI.) -
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