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THIS INDENiURE, Mad~ tl~~ 14th ~y of March ~ ~.o. i9~ b.,w..~,
~ , a
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of i»Ci P Cp~nty Fiorida, htrai~after desgn+ted as the "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN
ASSOCIATION OF FORT WERCE, a torporation oryaniud and exiitirg under ths lews of ths Unitcd Sut~a of America a~d havinp ib principal plm of
busin~u in tM Gty of Fwt Piau, St. lucie Co~nty. Florida, hereirufter desiflnatad as the "MORTGAG[E:'
WHEREAS the MORTGAGOR is iustly indebted ro the MORTGAGEE in the sum of S 17i g~~~n~ , good a~d lawful money of the United
States advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by ~ certa~n promissory note of .even date !~erewith, of which the followiny in
wwds and figures is a trw copy, to-wit:
~ i 800 . oc No. 0 2- a 3oea i a9
Fort Pierce, Florida, March 14 ~ 19 ~
For value received, I, ~re,or either of us, promise to pay, without defalcation,
to the order of FIRST .FEIl~RAL SAVINGS AND LOAN ASSOCUTI~t OF FORT ~IERCE at Fort
Pie rce, Florida, the suni of $ 17 , 800 . 00 With interest from date at the rate of
~ 144.00
~ 8.50 % ~r ~ ~nthly installments as follows: $ - on the
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lOth day of ~''-aY , 19 and a like su~ on the corresponding day of
~ each month thereafter until the Ht?ole be fully paid.
~ Each installment first shall be applied in .payn~ent of the interest and then on
the unpaid balance o£ the principal sum. If default is made in the pay~:ent of arry
installment Hhen due, and such default continues 30 daps, then at the option of the
holde r, and without any other notice, all the remaining installments shall be dus and
payable at once. Privile~e is given to prepa,y this nots in Whole or in part at any
tilr.s without penaltp. Neither forbearance, nor acceptance by •the holder thereof
after any default in any payment hereon, shall be deeried extension. A late payment
charge of $ 7.20 shall be assessed the ?bth 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, 3ointly and severally, waives detnand,
y• presentment protest and notice of protest for nonpayment, and further agrees to any
~ extsnsion of time of payment, either before or after maturity, ~rithout n~tice 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 severallp xaives all benefit of hor.is-
~ stead and exemption under the constitution and laws of each State of the United
~ States, as against this obligation or any extension or renewal hereof.
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S/Jaries B. Strickland,Jr. (SEAL)
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Stats documF:ntary stamps in the (SEAL)
amount of $ 26 • are S/Suzanne B. St r ickland, hi s~~~
affixed to the nortgage secured
he2~ebq. ~ t' r~~+l)eJ PA(,~ J~~ (SEAL~ -