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THIS INDENTURE, N4d~ the 19th ~y of ~=~~rY - A.D. 19 77 betw~en
Ar hur nnett and Bleanor- •Bennet!` his wif e -
of C~ ~'-~ri p ~ , Counry FI«ida, F1lfliMffM desg~~?ed +a Ihe "MORTGAGOR;' snd FIRST FEDERAt SAVINGS AND LOAN
ASSOCIATION OF fORT PIERC:, a corporaYwe? orp~nized and ex:itirg w~der the laws of the Un~ted Sta~~s of Americ~ and Mviny in prioclp+l pl~cs of
busint~~ i~ the City of Fort Pi~.ce. St. luw County, fbrida. I+~reinaher desipn+ted as tM "MORIGAGEf.°
WHEREAS th~ MORTGAGOR is jv~tly indebt~d ro the MORTGAGEE in the sum of S- 13-s 10~.QQ----, 9°°d s"d lawful money of the Un~ted
States advanced by ths MORTGAGEE unto the MORiGAGOR, as ev;denced by a cer~a:n promiasory note of eve~ date he~ew~th, of wh+ch the followir~ in
words ~nd fi9ures is a trw copy, to-wit:
~ 13 ~100.00 _ No. 02-23005679
Fort Pie rce, Florida, Janu ary 1~ ~ lg 77 -
For value raceived, I, xe,or either of us, promise to pay, without defalcation,
to the order of FIRST FEILRAL SAVIhGS AND LOAN ASSOCIATI~d Or FORT PIERCE at Fort -
~ Pierce, Florida, the sum of $ 13,100.00 ~~th interest fron date at the rate of
9.0 118.00
~ per annum, in monthly installments as follos~s: $ on ths
~ lOth day of March , 19 ? Qand a like sum on the corresponding day of
~ each month thereafter until th? Wt?ole bs fu]ly paid.
~ Each installrr~nt first shall be applied in pas~nt of the interest and then on
the ur:paid balanca of the principal sum. If default is made in the pay-rent of arry
~ installment ~rhen due, and such default continues 30 days, then at the option of tha
holder, and crithout at~y other notice, all the remaining installn.ents shall be dus and
payable at ance. Privfle~e is given to prepa,y this note in •~rhole or in part at any
tirr.s ~i.thout penalty. IJeither forb~arar.ce, nor accepta;.ce by~the holder thereof
after any default in any payment hereon, shall be deer.wd extsnsion. A late payment
~ charge of $ 5.90 shall be asssssed the ?6th d3y o£ the month, if a regular
~ business day, or, if not a re~lar business day, then the next business day, on each
~ nonthly installment not then received.
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~ Each niaker, surety and endorser hereof, 3ointly and severally, xaives der.iand,
presentment protest and notice of pro~est for nonpayment, and further agrees to any
E ' extension of tine of payr.~ent, either before or after m3turity, ~aithout notice to any
~ of us; and to pay all costs of collection, including a r~asonable attorney's fee in
the event of a~y ~fault hsreundsr, and hereby severally Kaives all benefit of hcr.~a-
stead and exen:ption under the constitution and laws of each State of the United
Statss, as against this obligation or any extensian or renewal hereof.
S/Arthur Bennett ~SFpZ~
; St~1t,e documentary star.~ps in t!p ~5~~)
' arount of $ 19.65 are S/Sleanor Bennett,his Mrife T
affixed to the r..ortgage secured (SEA..)
ha reby. ~ ( SEAI, )
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