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1HIS ~NOENTURE. IN~ th~ I7th QbLilaZ • M. 19?? bWw~n
C. Kent La~rson' ~i~id,~a~r B. Lawson. his wife
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of $t. Lacie C~ry Flo~ida~ he~sinafhi d~s~K»d ~s-/M ~µpRTGAGOR," and FIRST FEDERAL SAVINGS ANO tOAN
ASSOC-1/1TION OF FORT PIERCE, a oorporation orp~nized ud txiuinp urwkr- th~ -I~wa of th~ Unit~d Stata of l~i+nuica and INrL+p hs P~irKiPd Pbo~ o~f
bv~ir~ss tn th~ Gty of Fott PiKaI St, lucie Co~nty/ Florlda, hsrtkuher despMtd p t~t "MORTGACaEE."
WHEREAS tM MORTGAGOR is ~usty indebted w'th~ IrWItTGAGEE in Mw wm of i 15 ~,Q00.00 good ux! lawful maNY of tM United
Siatas advincad by tM MORiGAGEE u~to the MORTC,AGOR, as evidsnced by • c~rtain promissory oot~ of w~n dats iwrwvitly of which t!r fdlowinp in
wordi and fipw~s is ~ tru~ copy, to-wit: -
~ 1~ _ - ~ No. oa-23oo~aaa
Fort Pierce, Flor~,da, Rebzuary 17 ~].9'
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For value receiv~ed, I, ~e, or either of ns, promise to pay, xithout_defalcation,
to the order oF FIAST FST~RAL SAVIl~iGS AND LOAN~ASSOCIATION OF FOAT PISRCE at Fort
Pierce, Florida, tl~e suw of $ 15.000.00 xith f.nterest fron date at the rate of ~
8.5 ~ per annnm, fii ~onthly installments as folla,rs: $ 121.0~ on tt?e
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lOth day of ,Tune , 19 77 and a like su~n on the ca~responding day of
each month therea~ter until the xhole be fnl~y paid. •
; Each insta]lment first shall be applied in payment of ths fnterest and then on
; the unpaid balance of the principal sum. If default is ~ade in the papment of ar~q?
~ installment ~hen due, and snch default continues j0 days, then at the option of thg
; holder~ and ~ri.thout at~y other ttotice, all the renaining installments shall. be dne and
~ payable at or~ce. Privflege 3,s gitren to prepay this note in xhale or itn part at at~r ~
tia~s ~rl~thout penalty. Nefther Yorbearance, nor acceptance by tha holder thereof {
af`t.sr a~r default in ar~y payioent herean, shall be dee~ned ext?ension. A late payment !
f charge of $ b.05 sha11 be assessed the 26th c~y of the month, if a regnlar
i business day, or~ if not a regular business day, thsrt the next bnsiness day, on each
~ manthly instal].a~ent not then received.
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Each maker~ surety and~ eadorser hereof, 3ofnt~,y and several~y, vaives c~mand, ~
' pr~semaient pratest and notice of protest tor aonpay~ant, and further agrees to at~y
f extension of ttms of payment, either betare or after ~aatnrity, ~rithout notice to at~r ~
~ of us; and to gay all co~ts of collection, inclnd~ng a reasonable attorney~s fee iu ~
~ the event op aAy defanlt heranndsr~ and hereby aeveral~y vaives all benefit of hrnne-
' stead aad exemption nnder the constitntfan and larrs of each State of tl3e United
States, as against this obligatian or any extensian or reneaal hereof.
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' s/ C: Kent Lawson (SEAL)
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~ State docwaentary sta~mps in th~ (SE!!L)
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aAOrotnt of ~ 22. SO -~'e s/ Patricia B. Lawson (SEAL)
affi~ced to the mortgage secnred
hereb~. !t~ ~ ~iE ~I~G (SEAL)
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