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THIS INDENTURE, Made Zstb ~,r of JanuszY - aa. ~9~2. ~n~
Viucent L. Musarra ~nd~s~ Musar~ , his wifp
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of St •~.IICi@ County Flw~da. MreinaftK deig~ated as the "MORTGAGOR," u~d FIRST fEDERAI SAVINGS AND LOAN
ASSOCIA?ION OF fORT PIERCE, ~ corporatron organ~zed a~d exiatir?p under the laws of ti+s United Suqs of Mwrica and Mvinp iri princiP+~ P1+ts of
6uiirwss in the Cty of fort P~ace. St. lucie County, Florida, hereinafter deignated ~s ths "MORTGACaEE."
WHEREAS the MORTGAGOR is j~atly indebted~to the MORtGAGEE in tlx sui+n of i 36,00p•~ good and Iswful money of the United
Statet advanced by the MORTGAGEE vnto the MORiGAGOR, as evide~ced tiy a certain promiuory note of e~en date herewith, of which the folbwiny in
word~ and (igures is a irue copy, towir.
$ 36.QU4.00 . No. 04-23006586
Fort Pierce~ Florida, Januarv 25 ~ 19~,y_ ~
For value received, I, We, or either of us, promise to pay, Hithout defalcation,
to the order of FIRST FEI~RAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort
Pierce, Florida, the sum of $ 36,000.00 xith interest from date at the rate of
8~5 ~6 per annwn, in month~r installmer?ts as folloyrs: 290.00 on the
! lOth day of May , 19 -77 and a like sum on the corresponding day of
~ each month thereafter until the Wt?ole be fully paid.
Each installment first shall be applied in payment of the interest and then on
the unpaid balance of the principal swn. If default is made in tl~ payn~nt of atry
installment xhen dne, and such default continues 30 days, then at the optian of the
holder, and xithau.t arnr other notice, all Lhe remaining installments shall be dus and
payable at once. Privilege is given to prepay this note in whole or in part at any
tiire irithout penalty. Neither forbearance, nor acceptance by the holder thereof
after anq default in anq payment herean, shall be deemed extension. A late payment
charge of $ td_~_ shall be assessed the 26th day of the month, if a regular
business day, or~ if not a regular business day, then the next business day, on each
monthly installment not then received.
Each maker~ surety and endorser hereof, 3ointlq and severally, waives demand,
presentment protest and notice of protest for nonpayment, and further agrees to ar~y _
extension of time of paya~ent, either before or after maturity, ~ithout notice to any
of us; and to pay all costs of collection, including a reasonable attorney's fee in
the event of any default hereunder, and hereby several~r Waives all benefit of home-
" stead and exemption under the constitution and laws of each State of the Unit,ed
States, as against this obligation or any exten'siaz or reneWal her8of.
s/ Vincent L. Musarra (SEAL)
State docurnPntary stamps in the (SEAL)
arr?ount of $ 54.00 are s/ Rose Musazra (SEAL)
affixed to the aartgage secured
hereby. ~Ot~,~~ ~E S~ (SEAL)
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