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THIS INDENTURE, M+d~ the 8th day o# '~~h A-~• ~9?? be~mi~^
AARRIS CONSTRUCTI~i I~PORATIOiN, a Florida Co ratia~
of St. ~1C~ Covnty Florida. FwrtinahN d~siyn+ted u th~ "MORTGAGOR;' and FIRST fEDERAI SAVINGS AN~ IOAN
ASSOCIATION OF FORT PIERCE, a corpaation apani:~d ~nd existinp undu tM laws oi the Uniqd Stat~s of Amsriu ud h~vinp its priixtpal plac~ of
bvsinas in tM C~ty of Fort Pi~ru. St. tuw Couny. itorida. t~aein~ha desipnat~d +s tlw ~(G~ ~ -
WHEREAS the NWRTGAGOR is jvatly indebted to th~ IYIORTGAGEE i~ tM wm of ~ ~~l • ~ood +nd lawful money oi the Un~ted ,
S~ates advanced by rhe MORTGAGEE u~to th~ MORTGAGOR, as evidsnced by a certa;n p~omiuwy nott of ere~ daf~ h~rewith, of which the folbwinp in
v.ords and figures is a trw copy, lo-wit:
~ 20,400.00 No. 01-23~35~ i
- Fort Pierce, Florida, lhrch 8 , 19 ~ 7? -
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For value received, I, wa,or either of us, promise to pay, f?ithout defalcation, ~
to the order of FIRST FEI~RAL SAVINGS AND LOAN ASSOCIATI~`J OF FORT PIERCE at Fort -
Pierce~ Florida, the sum of $ 20s~~•~ xith interest fram date at the rate of .
8•5 per anneun, in monthly installments as follows: $ 165•~ on ths ~
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lOth day of April ~ 19 T7 and _a like su.*n on the corresponding day of ~
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each Moath thereaftsr until ths rfiole be fully paid. :
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~ Each installment first shall be applied in payn~nt of ths interest and then on
i the ur:paid balaince of the principal sum. If default is made in th.~ pay-rent o.° aTry k
~ installment When due, and such default cor.tinues 30 days, then at the optian of the 3
~ holde r, and without any other notice, all th~ retaaining installmznts shall be dus and -
payable aL once. Privflege is given to prepa,y this note in xhole or in part at any
~ ti.-~e tirithout penalty. Neithsr forbeara~,- nor acceptance by •the holder thereof
aftc:r any default in any payment herean, shall be deemed e~ctsnsion. A late paym~ent
charge of $ 8.25 shall be assessed the ?6th day o£ the month, if a regular
business day, or, if not a regular businsss day, then the next business day, on each
~:orthly installr.ent not then received.
~ Each maker, surety and endorser hereof, jointly and several~r~, xaives de~r,and,
present~reent protsst• -and notice of protest for nonpayment, and further agrees to any ~
extension of time of payment, eithsr before or after maturity, s~ithout notice to anQr '
of us; and to pay all costs of collection, including a reasonable attorneq's fee in ~
~ tl:e event of any dafault hereunder, and hereby severally xaives all benefit of hoir,e- ~
~ stpad and exemption under the constitution an~ laws o£ each State of the United =
~ States, as against this obligatim.z or any extensiaa~ or reneWal hereof. s
NARRIS CONSTRUCTION CORPORATI(1N
Av,r Ha~pl .T_ Harria~ PrAaic~en£ (SEAL) '
State docur~ntar,~ star~ps in ttw ~ (SEAL)
ariou~t of $ ~•60 are S/ By: Franklin A. Harris,Secretar3(SEAL)
affix~:d to the r..ortgage secured
hereby. (SEAL)
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