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THIS INDENTURE. Made the_ ~a u.___ day of J8Ilu8I`Y A.D. 19..Z~„ between
Richard Donaldson and Katherine Donaldson, his ~ri~_ ' ' -
04 St. Lude ~o,,,,ti F,,~;d, he~einafter designated a~ 1he "MpRiGAGpR;' and fIRST fEDERAI S/1VINCaS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporat~on wgan:ied and ex~sting unoer ~he taws of ~he Un~tcd Statas of Americs end Mvin~ itt principal plate of
busineu in ~hs City of Fwf P~erce, S~. lucie Couny, Fla~da, hereinaiter de:ignated as the "MORiGAGEE."
WHEREAS the MORiGAGOR is justly indebted to th~ MO~TGAGEE in the surlt of S 29.i2~ , good and lawful money of the Un~ted
S•ares advanced by the I~GRTvAGfE ur~o the MO~fG:.GOR, as ev~d.nced by a certain promissory note of even date herewith, of w1.~ch the }oitowing in
words and figurei is a trup topy, to-wit:
$ 29,200.~~ No.01-2300~323
. Fort Pierce, Florida, Januar;r 3 , 19 ~?7 -
For value received, I, ire, or either of us, promise to pay, ~rithout defalcation,
to the order of FTRST FEI~ERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort
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Pierce, Florida, the sum of $~'~2~•~ xith interest from date at.the rate of -
~ per annwn, in aanth~r instalLnet~ts as folloxs 235.fJ0 on the -
lOth day of ~•'arc~i , 19 and a like sum on the corresponding day of
each nonth thereafter until the xhole be fully paid.
Each installment first shall be applied in payment Qf ths interest and then on
the ur:paid balance of the principal stun. If default is _mada. in the payment of atty
installment xhen due, and such default continues 30 days, then at the option of the
holde r, and Withaut ar~y other notice, all the remaining installments shall be due and
payable at once. Privilege is given to prepav this note in Whole or in part at any
tir.:~ xithout penalty. Neither forbearance, nor acceptance by the holder thereof
after any default in any payment hereon, shall be deeisied extension. A late payment
charge of $ 11.3~J shall be assessed the ?6th day of the month, if a regular
b~~siness day, or, if noL a regular business day, then the next business day, on each
rioathly installment not then received.
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~ Each maker, suretq and endorser hereof, ~ointly and several~y, Kaives demand,
~ ~ px~esentment protest and notice of protest for nonpayment, and further agrees to any -
ex_tension of time of payment, either before or after maturity, irithout notice to any
f of us; an~ to pay all costs of collection, including a reasonable attorney's fee in
€ the eeent of any default hereunder, and hereby severally Waives 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 extension or renewal hereof.
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` a. ~ IMnal~s~n
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~ State docum~ntary stamps in t2~ ~at:erine Jonalds~n (SEAL)
a:nount of $ ':3. are ~ (SEAL)
af_°ixed to the ~ortgage secured
. hereby. 8001I PSS~E ~ (SEAL)
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