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THIS IMDENTURE, M+de ~n~ 25th day of February ~~p. 19
~osep~ D. Turner and~Jeanne A. ~rner, his wife
of ~t_ I~]C1B ~~~~y Ftorida, t+ere~nafta desg+~ared as the "MORTGAGOR." and FIRST fEDFRAt SAVi1~G5 AND IOAN
ASSOCIATION OF fORT PtERCE, ~ to~poratia? oryanized and ax~st~n9 unda ths Iaws of tM Un~ted Sta~~i of Ametic~ and ha+inp iri pintip+l plx~ of
busin~u in tM Cy of fat P~~rcc, St. tuue Covnty, FI«~da, her~inaFter dcs:gnated a~ tM "MORTGAGEE:'
WHEREAS ths MORTGAGOR is jvatly indebted to tht MpRTGAGEE i~ the ~um of : 41 a 4~ , good and lewful money o! the United
S~stes ad+anced by the MORTGAGEE u~to thc MORiGAGOR, ~s evideixed by a certam promiswry note of even date herewith, of wh~ch the foflowiny in
words ~nd fgures is a trve copy, to-w~t:
~ 41.4pp.~p _ No. 04-23007683
Fort Pierce, Florida, February 25 , 19 77 "
For value received, I, We,or either of•us, promise to pay, Without defalcation,
to the order of FIRST FEffiRAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort -
Pierce, Florida~ the sum of $ al ~,400.0o with interest from date at the rate of
8.75~6 per annwn, in monthly installments as follor~+s: $ 341.00 on the
lOth day af April , 19 77 and a like sum on the corresponding day of
i
I each month thereafter until tt~ Who~.e be fully paid.
; ,
i Each installn~nt first shall be applied in payment of ths interest and then on
the ur.~aid balance of the principal swn. If default is made in the payment of any
( installment ~?hen due, and such dafault cantinues 30 days, then at the option of the
~ holde r, and tiaithaut ar~y other notice, all thc3 remaining installn:ents shall be dus and
~ payable at ance. Privilege is given to prepay this note in xhole or in part at any
€ time arithout penalty. Neither forbearance, nor acceptanee by the holder thereo£
~ after any de£ault in anq payment hereon, shall be deemed extension. A late paymant
~ charge of $ 17.05 shall be assessed the 26th day o!' the month, if a regular
business day, or, i£ not a regular business day, then the next business day, on each
~ manthly installa~nt not then received.
~ Each maker, suretp and endorser hereof, 3ointly and severally, ~aaives damand,
present:r~ent protest and notice of protest for nonpayment, and further agrees to any
~ ex.tension of tirr~e o£ payment, either bsfore or a£ter maturity, irithout notice to any
of us; and to paq all costs of collection, fncluding a reasonable att~rnep's fee in
~ the event of any default hsreunder, and hereby severally Waives all benefit of hor.~e-
stead and ex~mption under the constitution and laH•s of each State of the United
` States, as against this obligatiori or any extension or reneWal hereof.-
~
~
' - s/ Joseph D. 'I~rner (SEAI,)
~ State docw~:ntary stamp~ in tt?a (SEAL)
~ amount of $ 62 . to a~ s/ Jeanne A. Turner (SEAL)
~ affiaced to the t:ortgage secured
; hereby. (SEAL)
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