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7H1S INDENTURE, Made the 24lh day of Janusry A.D. 19 ~7
- between
_~Qhn Maver and Dosis M: Na?ver~ his wife
f
of $t. ~~%i~ ~ounty Flor~d+, hereinafter dcignated as the "MORTGAGOR;' and FIRST FFDFRAL SAVINGS AND tOAN
ASSOC~ATtOk OF FORT PIERCE, a corporat'wn aganircd and ex:sting unck? the laws of the United SUt~s of America and having iri printipal plxe of
bUS~ncss irt the City of Fort Pierce, Sr_ lucie Couny, Florida, h±veinaher des~g~ated aa the "MORTGAGEE:'
WHEREAS the MORiGAGOR is juatly indeb~ed to the MORTGAGEE in the a~r.n of i 55~~~ , good and lawfui money of the Un~ted
S*ates adranced by the Il.ORTGAGEE ~nio the M110RiGAGOR, as ev~de.:ced by a certs~n promissory note of even date herew~th, of which the following in
wo~ds and f:gures is a true cop~, rov.ir.
~ 55~000.00 No. 04-230Q6529
Fort Pierce, Florida, .lanuary 24 , 19 7'7 "
For value received, I, xe,or either of us, promise to pay, rrithout defalcation~
to the order of FIRST FEI~RAL SAVINGS AND LQAN•ASSOCIATI FORT PIERCE at Fort
Pie rce, Florida, the sum of $ 55,000.00 Witfi interest fron date at the rate of
8.5 ;6 per annum, in monthly installments as folloyrs: 443.00 on '~he
14th day of March , 19 and a like.sum on the corresponding dap of
. .
each irtonth thereafter until the urhole be fully paid.
Each installment first shall be applied in pay:r.~nt of the interest and then on
the unpaid balance of the prircipal swn. If default is made in the payrent of arry
installment When due, and such default continues 30 days, then at the option of the
holde r, and ~rithout any other notice, all t2~e remaining installments shall be due and '
pavable at once. Privilege is given to prepa,v this note in Whole or in part at any
Lisr~e ~rithout penalty. Neither forbearance, nor acceptance by the holder theraof
after any default in any payment hereon, shall be daemed e~ctension. A late papment
charge of $ 22.15 shall be assessed the 26th day.of the month, if a regular
b•asiness daq, or, if not a regular business dap~ then the next business day, on each
monthly insta111rBnt not then received.
Each maker, surety and endorser hereof, ~ointly and severall,y, waives der.iand,
presentment protest and notice of protest for nonpayn~ent, and further agrees to any
extension of time of payment, either be#'ore or after maturity, without notice to any
o_f__ us;_ an~_to _p~y_.all ~osts__of- collectias~--includ~n~ a-reasonab3e-$ttornepjs-fee -in -
the event of any c3efault hereundsr, and hereby severally xaives all benefit of home-
_ stead and exemption under the constitution and laws of each State of the United
,States, as against this obligation or any extensian or renewal hereo£.
s/ John Mayer (SEAL)
Stat.9 documentary stamps in ttw ~5~~~
amount of $ 82.50 are s/ Doris M. Mayer (SEAL)
affixed to the r::ortgage secured e~~}
heret~Y• 8u~K2~ P~GE J 1 (SEAL)