HomeMy WebLinkAbout0936 - - - .3S ~ ~
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THIS INDENTUR6 All~d~ tl» lst day of April _ A.D, l9 belwe~
David Steia and Bvel its '!e and Jo~l-Bdward
~ ein, a siegle adult
S't~ ~.t3C~~ , Cprnty florid~, Mriu~+h~r de~gn+ted as t!r "MORTGAGOR;' ~nd FIRST FEOERAI SAVINGS ANp LOAN
ASSOCIATION OF fORT PIERCE. ~ cwpwatan apanized ~nd existi~n9 u~der tfi~ isws of ti+~ Un~t~d S~atts of /lmaiu and luvinp its P~~Wti p~
bwiewp in th~ Gty of fort Pi~ra, St. Luci~ Covnty, flaid+. Iw~~in+ha d~sipnated u tM MORTGAGEE."
WHEREAS tM MORiGAGOR b jusNy ir~bt~d to tM lMORTGAGEE in 1M~sum of~f ~'0~'~ ~+wful moMy of th~ Ue~ted
Sta:es ~dvanced by tM MORTGAGEE umo the MORTGAGOR, ~s erid~nced by • cert~io promiasory noN of ava~+ dat~ herewith, of which the fdlowinp M
words a++d fipwK a a nw copy. towit: _
$ 3g,pOO.00 , No.04-23009317
. Forti Pierce, F1orLda, April 1 ~ 1977_____ "
For value receiv~ed, I, ke,or eithar of ns, promise to pay, aithout defalcatioai,
to the order of FIRS? FELERAL SAVDJGS AND IAAN ASSOCIATZ~ OF FORT PISit~E at Foit -
Pierce, Plorida, tha au~ of a xith interast fron date at the rate_ of
8.5 ~ per annnm, in mot?thly installmetits as follars: ~ 315.00 o~n the
lOth day of ~ulY , 19 and a like snm an the corresponding dap of
i
~ each month thereafter until the xhole be ful~j? paid. ~
f Each installment first shall be applied in payment of the interest and then on
I the unpaid balance oP the principal snm. If defaul~ is made in the payment of arqr
~ ingtallment xhen due, and auch default co~tinues 30 days, then at the optian of the
~ ho~de r, and ~rithaut ai~ other notice, all the remaining installmants shall be due and
~ payable at on~ce. Privilegs is giv+en t,o prepay thfs note in xhole or in part at at~pr
ti~e T,rithaut penalty. Neither torbearancs, nor acceptance .by 'the holder theraof
~ after ar~ detault in an4r payaertt hereon~ shall 6e deemed extension. A late, pap~o~ent
~ charge of ~ 15.T5 sha21 be assessed the 26th day of the aanth, if a r~gnlar ~
~ business day, or, it not a regular business day, then the next business day, on each
monthly in~tallment not then received.
Each maker, snrety and endorser hereof, jointl~ and sev~erally, s~sivea densand,
prese~tment pt~atest and notice ot protest for nonpa~yment, atid turther agrees to ar~r
! extension of ti~ae of payment, either betore or afLer maturity, wlthout noti.ce to a~
~
of us; and to pay all costs of coll~ectioa, including a reasanabls attorney's fee in
the event of any default hereunder, and hereby severall,y kaives all banePit of home-
' stead and exemptian under the constitution and laxs of each State oP the Onited
y States, as against this obligatica or any extensian or renexal hereof.
; •
~ s David Stein ______(SEAL)
~
~
~ State docwoentaty stae~ps in the s1 ~relvn Stein (3EAI,)
~
j anwunt of ~ 58.50 are Joel Edwerd Stein (SEAL)
~ affixed to the mortgage secnred s a a a
hereby. ~SEAL) .
~ n
i (..l)l) PACE ~
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