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THIS INOENTURE. N1d~ tlr- ~t~! d~y of Ap=il /1.D. 19
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John P'. Da?u~ssrd snd Rostlsnd L. O~uqasrd, h s wif• _ ~
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. Cqx?ly Fbrid~. MreinahM dNiqnaltd. "'MORT f ~ ~nd fIRST FEDERK SAYINGS ANO IOAN
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ASSOCIATION OF FORi PIERCE, • corporation «panfsed and ~xfs~inp w+d+. tM law d tM W+~t~d St~r» of Amwiu ad havkg ib p~Cip+) pl+a~ of
bvsirnst in th~ tiy o~ Fort PiMC~. St. Luw County. Fbrid~. l~sin~flH dssipe~at~d a eM 'MORTGAGEE."
WHEREAS th~ MORTGAGOR ia ~ustly ind~bt~d b Ih~ MORTGAGEE ln 1M wnn~of 45~~0•~ 4ocJ ~nd lawful money oE the Un~ted
S+atp advanced by th~ MORiGAGEE vnro tAe MORTGAGOR, ~s tvid~nced by • cKtain prom~swry nae o~ ewo dat~ Mrwvith, of wFwch tM fdlowinp in
words and fiywss is a trw copy. ~o?wit:
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~ 45.000.00 , NO. 04~23009440
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Fort Pierce, Florida, . Anril 4 ~ 19~ "
For value receiv~ed, Z, ~e,or either of us, pro~aise to pay, vithout defalcation,
to the order ot PTRST FEffiRAL SAPII~iGS AND IAAN ASSOCIA'iTt~t OP' FORT PTERCE at Fort ~ -
Pierce, Florida, the aum of a d5:000•00 xith interest from date at the rate of
s.5 ~ per annum, in monthly installmems as follows: $ 363.00 on the
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, lOth day of July , 19 77 and a like sum on the correspanding day of i
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'j each nanth thereafter until the irhole be fu7.],q paid. ~
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~ Each installment Pirst ~hall be applied in paynient of the interest and then on ;
~ the unpaid balance of the principal sum. If default is uwde in the payment of any
~ installment ~rhen due, and such default continues 30 days, then at the optian o! the °
holder, ancl ~rithcut aTqr other notice, -all tha reinaining instalLaents shall be due and ~
~ payable at ance. Privilege is giv~en to prepay this note in whole or in part at at~
Li.a~e irithont penalty. Neither forbearance, nor acceptance by 'the holder thereof
; after arqr default in ar?y paymet~t heraan, ~hall be dee~oed eutens3on. A late paya~ent
! charge of # 18.15 shall be assessed the 26th day of the month, if a regnlar
business day, or, if not a regnlar business day, then the next business day, on each
monthly install.ment not then received.
Each maker, surety? and endorse'r hereof, ~ointly and several~r, Waives demand, ~
presenta~ent pratest and notice of protest !or nanpayment, and further agraes to ar~y ~
ext,ension of time of payme?nt, either befora or after ~aaturity, ~rfthaut notice to a~ ~
of us; and to pay all costs of collection, including a reasonable attorney's fee in ~
the event of any default herewnder, snd hereby several~jr xaives all benelit of home- j
stead and exeaiption under the constitutfon and laxs of each State of the IInited `
States, as against this obligatian or acty extensian or reneval hereof. ~
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s/ John F. Daugaazd (SEAL~ '
Statre documentary stamps in tbe (SEAL)
amaunt o! ~ 67.50 8~ s/ Roseland L. Daugaard (SEAL)
affiued to the mortgage secured ;
hereby. . ~ :
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