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tH~s ~NDENTURE. lM.d. St~f d,y Jan~larY ~~7?.0. t9?7
- b.+w..n
Mtbony Ascuri aad Jos~obiM F. Aacwzi. bi! 1di~~
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~ St. l.YC~f 3Cq~nh. Florida, hKein~h~r dtsigrwted as the "MORTGAGOR,° and FIRST FEOERAL SAVINGS AND IOAN
ASSOCUTION OF fORT PIERCE, ~ co~pa~tion oryanised and ~xistirg wxlK 11w laws of t!r Uniqd Statas of M~iu and luvirp i1t P~~P+) P~~ ~
bwin~w in tM Cfhr of fort Vwtu. St. lucl~ County. Fbrlda, hu~inaftN d~sg~aMd a th~ 'MORTG/1GE6"
wrlEREws th. MORTCAC~ort ts F,uy ~naebted'1~ +~h. NWRTC3li''~a`le3~i the wn+ of s 16, SOO.00 ~ood .na lawh,l mo~»~, of th. unit.d
St~tes adv~nc~d by th~ MORTGAGEE ~nto th~ 1NORTGAGOR, u ~videnccd by a oert~in promiuory eot~ of swn-daq ha~with, of wh~ch tM followinp in
wwds and figyrti is ~ trw aoVY. fo~wits
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~ 16,500.00 , No. Ol_230p5968 f
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I Fort Pierce, F'lor3da, _.Iarn~asy 5 , 19 ~ ~7 -
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For value receiv~ed, I, ke,or either of•ns, promise to.pay, xithont dsfalcation~
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~ to the onier of FTRST FE~RAL SAV~iGS AND IAAN ASSOCIATION OF FORT P~RCE at Fort -
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! Pierce, Florida, the sum of $ 16, SOO.00 With interest Yrom date at ths rate of
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~ 8.75 ~ per armum, in awnth~jr inst,allme~s as follars: 136.00 on the
r lOth day of Rabrussy , 19 77 and a like sum an the correapanding day of
~ each ~nth thereafter wntil ~he xhole be f'ul]y paid.
~ Each installment first shall be applied in pa~?ment of the interest and then on
the unpaid balance of the principal snm. If defanlt is made in the payment of a~y
~installment s~hen due, and snch default continues 30 days, then at the option of the
~ holder, and xithwt arpr other notice, all the remaining insta7.L~ents shall be dne and_ _
payable at once. Privilege is giv~en to prepay this note in vhole or iit part at a~
ti~rre t~ritho~t penalty. Neither forbearancs~ nor~acceptance by the holder thereoF
~ after an~r default in any payment }yereon, ahall be dee~aed extension. A late payment
~ charge of ~ 6.80 shall be assessed the 26th-day of the nanth, if a r+egular
t business day, or, if nQt a regular business day, then the next business day, on each _ ~
~ monthly installn~nt not then received.
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E , Each ~aker, surety and endorseir hereof, 3o3ntly and several~r, ~raives demand,
` . presentaient protest and notice of protest for nonpayment, and further agrees to ar~y
extension of ti~ of payment, either before or after matarity, ~rithout notice to a~r
of us; and to pay all costs oP coll,ection, including a reasonable attorney~s fee in
' the ev~ent of any daYanlt hereurtder~ and hereby severall,y xaives all benefit of home-
stead and exemption under the constitutian and laxs oP each State of the IInited
States, as agafnst this obligatiun or any e~ct.ension or rene~al hereof.
S;{Mtboay l4rcuri _~(SEAL) .
State docwnentary st,amps in the S/JosephinQ R. Arcnri, his ~if~SEAL) -
aiaount of $ 24.~5 a~ ~ (SEAL)
affi~ced to the mortgage secnred . .
bereb~?• . ~ .R e~7 - Q,~ _ _ _ (SEAL)