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THIS INDENTURE. Mad~ th~ 7Lh ~ of D@CeRbCZ AA. 19~~, betwNn
- IGenneth L. Oelevante and Mary B. Oelevante, his wife. ~
a; SL . L~iC 1@ y Cq~~y Fbrida, h~r~in~iter desigr~ated ~s the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, a corpor~tion orp~nized ~nd existinp ~w~de~ tht laws of ths Unit~d Sbt~s d M+~rica ~nd Mvu+a ib prlncipal plac~ of
b~~ss in tM Gty of Fort Piuce. St. Lucie County. Flaida. her~insiter des~ynat~d as tl» ^MORTGAGEE.••
WHEREAS tM MORTGAGOR is justly ind~bted to the MORTGAGEE in the sum of i 27~9~~a '.~t' Oo~'ti~ ~~I money of the United
Ststes advanced by the MORTGAGEE unro the MORiGAGOR, as e~idenced by a certain promissory nots o~~(r~~0~/f1M(it~a~ sei+id+ ~h~ id~owi^Q 1^
wwds and fiyures is a trw copy, fo-wit: ,
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C 2~,900.0o No. oi-a3ooa~97
Fort Pferce, Flor3da, ~Ce°be= ~ , 1976 -
For value received, I, Fre,or either of us, promise to pay, xithout defalcation,
to ~he ord~r of FIRST FE~RAL SAVII~GS AND IAAN ASSOCIATIA~T OF FORT PIERCE at Fort -
Pisrce, Florida, the sum of $ 27.900.00 srith interest froae date at the rate of
8. ~S ~ per annum, in n:onthly installments as follos~rs 230.00 on the
, lOth day of ~anuarv , 19 77 and a like sum on the corresponding day of
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each trtonth thereafter until th2 xhole be fully paid.
f Each insta11r4ent first shall be applied in pa}~nt of the interest and then on
~ the unpaid balance of the principal sum. If default is made in the pay-ment of any
' instalLnent When due,•and such dafault continues 30 days, then at the option o£ the
~ holder, and kithout any other notice, all the remaining installments shall be due and
~ payable at once. Privilege is given to prepay this nots in Whale or in part at any
~ ti~ ~rithout penalty. Neither forbsarance, ~nor acceptance by the holder thereof
after any @efault in any pay~aent herean, shall be deemed extension. A late payment
~ charge of $ il.s0 shall be assessed the 26th day o£ the month, i£ a regular
~ business day, or~ if not a regular business day, then the next business day, on each
t ronthly install.ment not then received.
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~ Each maker, surety and endorser hereof, ~ointly and severally, waives demand,
€ presentment protest and notice of protest for nonpayment, and further agrees to any
~ extension oP tirae of pay~rent, either before or after maturity, tirithout notice to an~
~ of us; and to pap all costs of collection, including a reasonable attorr~ey's fee in
the event of any default t?ereunder, and hereby severally xaives all benefit of ho~r~e-
stead and exen:ption under the constitution and laws of each State of the L'nited
States, as against this obligation or any extensian or reneWal hereof.
STATE ~F 1= LC~ F21 D~~ .
07 DOCUMEN/ARY~°°t.;~57AMP ~hX
i ~ OEPT. Uf RE11£.I!!f
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i P~ ; sEt(r76~.~y 8 5 5/iGenneth L. De levante (SEAL)
i -~t~az
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! State docum~:ntarq stamps in ths (SEAL)
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' araount of $ ai _ Bs aY'e
affixed to the mortgage secured 5/Mary E. Delevante (SEAL)
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