The URL can be used to link to this page

Home My WebLink About2369 . ~ ;'z~35 . . THIS INpENTURE, ~de llth d.y of • Januazy ^ A.D. 19 74 ~rW~e~ James Stainoff~ Jr. and Carol A. Stainoff, his wife of St. LUCiQ , Counry Flw+da, hereinafter designated as the "MORTGAGOR," and FIRST FEUERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corporation organi:ed and existing under the law~ of the United Statai of Amc~~ca and having its principal place of businets in tM City of fort Pierce, SI. lucie Cou~ty, Florida, hereinafter des~gnatcrd ~s tFa~ "MORTGAGEfl` WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 22 90~ and lawful money ot thc Un~ted States advanced by the h10RTGAGEE umo the MORiGAGOR, as evidented by a ce~tain promissory note oi ertn da~e F,~rew~•h, cf whlth the (oUowing in +~ords and figurei is a true copy, ~o-wit: s 22,000.00 1002~598 Fwt Pieres, F~«~d., Janua ry 11 ~y ~4 ~ Fw value received, I, we or either of us, promise to pay, without defalcat~on, to the order of FIRST fEDERAL SAVINGS At3D LOAN ASSOCIATION Of ~ ~ FORT PIERCE at Fwt Pierce, Ftorida, fFx sum of 22 a0~ w~th ~neerest from date at the rate of ~•~°ro pe~ anr.um, in monthly in3~al~- ~nen~s as ioltows: S 206•~- ~?he 2~th day of "ebruary ~9?'4 and a tike sum on the correspond~ng day of each mon~h there- after until the whole be fully paid. . Each installment firat shall 6e applied in payment of the interest a~d then on the unpaid ba~ance of the princ~pal sum. If default is made in 1he F~ay~nent of any installment when due, and such default continues 30 days, the~ at the option of the holder, and wi~hout any other notice, all the remaining ~~,seallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any t~me without penalty. Nei~her forebearance, nor acceptance by the holder tF~rreof a(ler any default in any payments hereo~, shall be deemed extension. A late payment charge of S-~~ shall be edded lo each installment remaining unpaid 7 days after its due date, and a like sum shalt be added to each such installment remaining unpaid 7 days aiter each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives dernand, presentment protest and ru~tice of proteat for nonpayment, and further agreey to any extension of time of payment, either before or a(ter maturi?y, without notice to a~y of us; and to pay all costs of collection, inc;ud:ng a reazonable attorney's fee in the event of any defauit hereunder, and hereby severatly waives all benefit of homestead and exemption under the constitution ~~~d laws of each Sta1e of the United States, as against this obligation or any extension o? renewal hereof. W~tness the hand and seal of each party. (SEAL) ' s James Stainoff, Jr. ~~Ai~ ~ s (SEAI) ~ /s/ Carol A. Stainoff ~S~U ~ $33.00 ) $tate Revenue ' `~~a`K°r~ 22 000 00 ~ f • and tl~e rfwmance of the ~ NOW, THEREfORE, the MORTGAGOR fw the purpose of secvring payment of sstd sum of = P~ , covenants and agreements hereinafter expressed, and fo~ divers good and valuable conside.ations, by these presents, does g?ant, bargain, sell, remise, ~ re!ease, convey and confirm unto the MORTGAGEE, its successws and auigns, a:l that certain lot, piete or parcel of land, situate, lying, and being in the ~ Counry of f St • i-uCl@ snd State of Fiorida, dexribed •a follows: ~ _ ~ The East 73 feet of the West 238 feet of Lots 48 anc' S0, of ~ ~ a ; ;1ARAVILLA SL'EiDIVISION, as per p2at thereof on file in Plat ' i ~ Pook 7, at page 31, of the public records of St. Lucie i I f f ~ ~ County, ~lorida E - ~ ; D ~ ~ / *~QRQ - i t ~ 1h QR~NA~ ~yl~• _ . . . . . . . . . . . . / ~~,?E- t5 ~F ' t ~ ~N~P~'~e.1'3~• r~l` ~ , _ ST.ATE ~F FL^F?IG~~ I ~~CE~V~~~S GaQ~EE~Qp~S~~~E~~~- ~ DOCUMENTARY~;~:, STAM~ TC~X I O~a~,t?~t~ ~~(~yS~~, a'~' ~ " r DE~'L UF kEV~NUE ~ - t ~(ls ~CV ~ Lr' S ~ 'lY Z~ ~ ~ - _ - ~ + C~ ~ = Ps - •,,~;;'J~ ~ ~ ~ 3 3. 0 0 ~ ~ Q _ st~G2 \ f ~ _ ~ ~ 4 rogether with all and singular tF~e tenements, hereditamenri and sppurtances thereunto belonging ot in anywise appertaining thereto, and all rtnts, issues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above and fwegoirg deuription and habendum. ~ TO HAVE AND TO HOLD the above described and granted premises umo the said MORTGAGEE, its successors and assigns foreve~. And the said f; their_____ MORTGAGOR for heirs, executors, adminisVators and assigns, hereby covenants with the said MORTGAGEE, its successors and asi~gns, ~ the are ~hat -Y lawfully seized of the said premises in fce simple; that the ssme are free, clear ~nd dixharged from all liens snd encum- ~ brances i~ law w in equ~ty, and that t17@}L- will and thpir heirs shall w~rranf and defend the tit~e ro the same to the said tJiORiGAGEE, its successors and assigns, forever against the lawful ctaims and demands of all persons; PROVIDED, AlWAYS that if ~he MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore desuibed and shafl truly, p?omptly ? ~s and fufly perform, dlicharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of iaid promissory note and of this AAwtgage, then this Mortgage and the Estate hereby ueated shatl cesse snd be null and void. IT IS UNDERSTOOD t1~at the wo~d "Mortgagor" whether in the singular o~ plu?al anywFxre in this Mwtgsge, shall be singular if o~e on~y and r' shall be plural jointly and severally if more than one, and that the word "f heir" as used anywhere in this Mortgage shall be taken to mean "his; '"hers; ' ; y;~ or "its;' wherever the context so implies w admits. Also, that wherever there is s reference in tFx covenants and agreements herein contained to any of - ' rhe ps?ties hereto, the ssme shall be construed to mean ss well ss the heirs, legal representatives, successors and sssigns (either voluntary by act of the parties or involuntsry by operat~on of the law) of the same and that the covenants herein co~tained shall bind and the benefits and ~dvantages inure ~o the respective heirs, legal representatires, succeuors and asrg~s of the parties heroto. And said. Mortgagors, fw themselves and their heirs, legal representatives, successors snd auigns, hereby jointly ar?d severally covena~t and agree to and with the said MORTGAGEE, its succeswrs and auigns: _ 1. To pay sll and singular the prirxipal and interest and the various a~d sundry s~ms of money payable by virtue of said promissory note, and this - mo~tgsge, each ~nd every, promptly on the days respectively the same xverally become due. - 2. To pay all snd ~ingvlar the taxes, assessments, levies, liabilities, obligations snd er?cumbrantes of every nature snd kind now on said dewibed property, or that hereafter may be impwed, suffered, plated, levied, or auessed thereon, w that hereafter may be levied or assessed ~pon this Mutg- age, a the indebtedneu sccured hereby, each snd every, when due and payable, according to Isw, befae tFroy become delinqvent, and before any interest arraches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORO THE SAME SHAII BE PROMPiLY SATISFIED AND OISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAI ~OCUMENT ISUCH A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTtON PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAtI BE PlACEO IN THE HANOS OF SAID MORiGAGEE iNITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thertof is not pa~d, sst'sfied and discharged sa'd MORTGAGEE may at any time pay the same w any part thereof wifFaut waiving or affecting any option, lie~, equity or ~ •~qht under or by virtue of this mortgage and the full amount of each and eve~y such payment shall be immediateiy due and payable and shall bear interest ''s j.om the date thereof until paid ar rate of nine per cenwm per annum a t such r~ I~' I be secured by the lien o~ th"s morgta9t. 6COK PAff ~~J~tj~7 - ~ _ - . , _