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THIS INDE?JTURE, Mad~ the 21SL ~y ~ 1?+iarch , A.D. 19 '~7 b~tvw~n ~
Ma~~ella Alain and ?~c.,sJ1~ Alain, his wife ~
of - $,~~L~~;;o CowMy Flaida, Aer~in~fter desiynsred u tM~"MORTGAGOR;' and flRST fEDERAL SAVINGS ANO LOAN ~
ASSOCIAi1pN OF FORT PIERCE, ~ corpor~tion wy~niud ~nd ~x:stinp ~?nder tM I~ws of tM Uncted Stat~s of Am~~iu and h~vinp iM princip~l pl~p of
butimas In tM Gty of Fat Pwru, St. luci~ Cax?ty, florida, I+ersinafter dKigna~~d ~s tM "MORTGAGEE."
WHEREAS fM MORTGAGOR is jwtiy itd~W~d 1o the MORTGAGEE in the wm of ;_~4.~~Q~Q~_, good and liwful monay ol IAe U~:bd
S?at~s ~dv~nc~d by tM MORiGAGEE uroo Ihe 1MORTGAGOR, a~ ev,denced by • car~~in P.or„~u«y note cE even date he~ew~th, of wh~ch the follow"vq in ~
wwdt and (ipw~s a~ ~rw copy. fowif:
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$ 34L$O'J.00 . NO. O - ~
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Fort Pierce, Flor3da, ~larch 21 , 19 77 ~ €
€
For value received, I, ~e, or either of us, promise to pay, ~rithout defalcatian,
to ths order of FIRST FEI~RAL SAVINGS A?1D LOAN 11SSOCUTION OF FORT PIERCE at Fort
Pierce, Florida, the sum of ~ 34, 800.00 ~th inLerest fro~ date at the irate of ~
A. 5 76 pe r annum, in month~jr installments as follars : a 2g 1. 00 o~n the
~
lUth day of _ May , 19 7'7 and a like sum on the corresponding day of ~
~
~ each aoonth thereafter until the Whole be fully paid.
;
~ Each installcaent first shall be a lied in a '
pp p yment of the interest and then on
~ the unpaid balance of the principal swn. IP default is nsade in the payment ot ar~ ~
instal.Lnent ~rhen due, and such default continues 30 daps, then at the option of the
~ holde r, and ~rithout any other notice, a11 the remainfng installments shall be due and
~ payable at once. Privilege is gitren to prepay this note in Whole or in part at aiiy
~ time irithout penalty. Neither forbearance, nar acceptance by ~he holder thereof =
~ after ar~r default in any payment heraan, ahall be deemed extension. A late payment
charge of $ 14_[!S shall be assessed the 26th day of the month, ff a r+egnlar ~
~ business da~, or, if not a regular business day, then the next business daq, on each !
; monthly instalLoent not then received.
f '
~ Each a?aker, surety and endorser hereof, ~ointly and several~jr, xaives demand,
pnesent~ent protest and notice of protest for nonpayment, and f~rther agrees to arqr ~
i ext,ension of time of payment, either befare or after maturity, ~rithout notice to a~
•of us; and to pay all costs of collaction, including a reasonable attorney~s fee in
~ the event of aTMy default hereunder, and hereby sev~eral~y xaives all benefit of home-
. stead and exemptian under the constitution and laxs of each State of the United
> States, as against this obligation or any extensia? or rBneWa1 heraof. .
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~ ' ~ella Alain (SEAL)
€
; .
~ State docw~entary stamps in the -(SEAL) .
` ainaunt of ~ 5 2. 20 are
g~ T?~arcelle Alai.n (SEAL)
E atfixed to the mortgage se~ured . :
bereby. (SEAL) .
°~~z ~.67 ~ 637
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