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iHIS INDENIURE, Made tha 14th ~y o{ Ma YC~1 A.D. 19- - b~~wt~~
Jasaes J. Gordon and Marnaret A. Gordon, his Nife
o{ $t i~uc ie ~ounty Flor~da. M~einafte~ dcsig~arrd as the "MOR[GAGOR;' a~d FIRS[ fEOERAI SaYlNGS ANO IOAN
ASSOCIATION Of FORT PIERCE. • corporat~on org~nized ~~d ex~~~~ny under the I~ws of the Un~ted St~t~~ of Ametic~ and haviny in prtnc~p.l pl.c. of
busiMSS in tM City o1 Fw~ Piace, S1. luta County, fiorida, hereinafter dei~pnated +t 1h~ "MORTGAGEE:'
WHFREAS tM MORTGAGOR is jwtly i~debted !o tFN MORiGAGEE +n the sum of S ~+^d ~~ful money ot the Un~ttd
$~ates ~dranced by the MORiGAGEE ~~to the MORiGAGOR, es er~denced by a cenam prom~uxy note of evcn date herewith, of which thc followinp in
wo~da and fifluras i~ a true topy, to-wit:
~ 14.000.00 No. 04-2~008467
Fort Pierce, Fiorida, ~tarch 14 , 19 77
For value received, I, ~e,or either of~us, promise to pay, without defalcation,
to the order of FIRST FEDERJIL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE.at Fort -
Pierce, FZorida, the swn of $ ~ a,ooo.00 ~rith interest from date at the rate of
8~56 per annum, in monthly installments as follows: $ 116.00 on the
lOth day of Ma}? , 19 and a like sum on the corresponding day of
~
E each month thereafter until the rrhole be fu21y paid.
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~ Each installment first shall be applied in payrr.nnt of ths interest and then on
f
~ the ur.paid balance of the principal sum. Zf default is made in the papinent of a~r
~ installr.~ent When due, and such default continues 3~ days, then at the option o~' the
holde r, and ~aithaut any other notice, all the remaining installments shall be dus and
payabie at o~nce. Privilege is given to prepa,y this note in Whole or in part aL any
tirr.e without penalty. Neither forbearance, nor acceptance by the holder thereof
a£te r any dePault in any payment hereon, shall be deened extcnsian. A late payment
charge of $ 5 L80 shall be assessed the ?6th day oF the month, if a regular
business day, or, if not a regular business dap, then the next business d~y, on each
monthly installment not then received.
Each maker, surety and endorser hereof, ~ointly and severally, ~aives demand,
~ present:nent protest and notice of protest for nonpayment, and further agrees to ar~q
~ extension of time af payment, either before or a£ter maturity, ~rithout notice to arXy
of us; and to pay all costs of cellection, including a reasonable attorney's fee in
~ the event of any default r,ereundar, and hereby severally Waives all benefit of hor•~-
~ stead and exemption under the constitution and las~~s of eacr State of the United
~ States, as against this obligation or any extension or rene~al hereof. _
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~ ~ame s J. Gc~ rdon ( ~EA.L) ~
3 ~
~ State docur~ntary star~ps in t2r~ (SEAI,)
~ ar.tou!it o~' $ 2: arc3 5/ Hargazet A. corcion (SEAL)
~ affixed to the z:ortgag~ secured -
~ hereby. . • ~SEAL)
~UJ qt~~ ~3~ ~ ' . .