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` CORRBC'FYV~` KJR'~CiAGB- ~ . ` ;
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~N~s iNOENruR~. M.d. ,i»~nd ~ ~
- Paul M. Horrobin snd Donna M. Hoirobin his wit
of L• t~C ! ~ty Florida. IN?~1M~1lf dlNQMt~ u tM "MORTGAGOR." and PIRST FEDERAL SAVINGS AND IOAN
ASSOCIA?ION OF fORT PIERCE. + aorPoratan oryani:~d and ~xls~inp w~d~~ tM lawt ot th~ tin~hd St~~a of Mwiu aid #MVinp N+ P~ir~t~W~ P~~ ~ ,
businas b th~ Gry oi Fat PiNa. St. luci~ Can+ty. Fbrid~. h~r~inah~r d~sg~ut~d p ttN "MORTGACsEE." i
Z'1 ~ 4~ and lawful nantY of tM Uni1~d
VYHERfAS fM MORTGAGOR is jwfly kidebNd to tir MORtGAGfE in ehe sum of s ~ott of ev~+ dat~ her~witt4 of wh~d? ths fdlowinp tn
Srates adranc~d by th~ MORiGAGEE unto tM MORfGAGOR, as wid~nced by •«~t+~n promaawY
wa~ ~nd fiqWp if a 1tW MOY. tOwit: . . .
~ ZZ,400=00 No. OI-230031~9
Fort Pierce, Florida, NOVeab~r 2' ~ 19. 76 i
s
For value receiv~ed, I, r~, or either of us, promise to pay, ~,rithout defalcation, ~
i to the ~ order of FIRST FEI:'s'RAL SAVINGS A?JD IAAN ASSOCIATI~I Or FORT PIERCE at Fort
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; Pierce, Florida, the sua~ of $ 22 xith interest from date at the rate of
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i 9•0 ~ per anm:a,, in monthly installr.ients as follows : 2~2'00 p
$ on th..
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~ l~th day of ~~e~r ,.19 ~6 and a lil:e sun on the corresponding day of
` each r.:c~nth thereafter until the ~rhale 1~ fully g~id.
Each ins~allmant first shall be applied in payzeent oP the interest and ~hen on
the u.7p~.id balance o£ thQ princfpal sun~. Zf default is made in the pay~:ent of any `
i:~5t311ment when due, and.such dafault continues 30 days, then at the option of the
holder, and Withaut any other notice, all the remaining installments shall bs due and
payable at ance. Privilege is given to prepay this note in Whole or in part at any .
tir.-,e irithout penalty. 1Jeither forb~arance, nor acceptance by the holdPr thereof
after any c~e~ault in any pay~ent hereon, ~hall be deemed extension. A late pa~ment ~
charge of ~ 10.10 shall be assessed the ?6th day of the month, if a reg~ilar
# bu~iness day, or, if not a re~ular business day, then the next business day, on each
~ ~;~n±.1?ly f7~at.a~lltrNt;}~ noL- then rP~giypr~.
Each maker, suretq and endorser hereof, jointly and severally, ~rafves d$:nand,
~ presentrr,~nt prot,sst and notice of protest for nonpaymant, and further agrees to ar~y
er.ter.sion of time of pay~ent, either before or a£ter maturity, frithout notice to ar~
a of us; and to pay all costs of collection, including a reasonable attorriep~s fee in
~ the event of any default hereunder, and hereby severally xaives all benefit of hor.~-
~ stead and exen:ption under the constitution an~ law•s of each State of the Ilnited
States, as aga~nst this ob2igation•or any extension or rene~al hereof.
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5/ P~,ul M. Hor bi (SEAL)
Sta*.A docur~ntary star~ps in th~ ~SE~~
amou!t~ of are S/ Donna M. Horrobin (SEAL)
affixed to ths ~rtgage secured ~