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Home My WebLink About2152 . . r+, y t _ i Yr' a:~~~i~~~ s } c THIS INDENTURE, Made the l~th day of June A.D. 19 7`-~ bet.vee~ . ~ James Stainoff, Jr. and Carol Stainaff,_ his wi~~_ _ ; of St,_ Lgeie ` , County Florida, herainaiter dcs~9nated as the "MQRTGAGOR;' and FIkSf FEOERAL SAVINGS AND IOAN ASSOCIATION OF fORi PIERCE, a corporalion organi:ed and existing under the 1?~vs of Ihe Un~ted 51atQS of America and having tts principal plate of buiiness in the Cily of fort Pierce, St, lucie Counly, ftori~'a, hereina(ter designated a~ iha "h10RTGAGEE:' ~ WHEREAS the h10RTGAGOR is jusily inde6tcd to the h10RiGAGEE in the su~n of S_22~000. 00 , goo~! and lawful money ot the Un'ted States advaoced t•y the ~.10RTGAGEE unto the N'.ORiGAG~R, as evidanced by a ceria~n prcmissory note oi even date herewith, of wl~icii the following in . words and figures is a truo copy, ta.ril: No- ~0021405. 3 2~'400,OQ _ ~ ~ fort Pierce, Plorida, June I6 _ ~q~_ For value receivecl, I, we o~ ei~her of us, proinisa to pay, vlit?wut dafalcai~on, to i5e ordrr of FIRST fEDERAL SAVIhlGS AND IOAN ASSOCIATION Of ' FORT PIERCE at Fort p;erce, Floridj, ~he sum ot ~-2'~ a Q 00 t ~0 A___ ~;nh ~ntecrs~ From Jate at the rot~ of °o per aitin~m, in monihly install- ` i ments as (ol!ows: 5-220•00 ~on the ?Oth~ay of __JUly ~q__75_ and a like sum on the correspond~ng day of each monih there- ~ after until the wholc be fully paid. ` ~ Each installment first ahall be apptied in payment of ihe interest and then on tFr unpaid ba!ance of the princ~pal svm. If default is made in the ~ payment of any instal!menl when due, and such defavl~ tontinues 30 days, ~hen at tha option o( Ihe ho':dcr, and without any other noticc, all the remainina ~ installments shall be Jue and payabtc at onca. Privile~a is given to ?~epay ihis nose :n whole or in part at any time without prnalty. Neither torebearance, nor acceptance by the ho.der thereof after any defauif in any payrnents hereon. shall ba deemed extension. A late paymeM charge of S~ 1! DO sha11 be 3 addcd to each insratlmero remain~rx~ unpaid 7 days after its due date, and a Ii1.a wm sh>!! be added to each s~ch irstal~~~~eM remaining unpaid 7 deys aiter e' each succeediny payment date. , ~ iath maker, wrety and endorser hereof, jo:~11y ancl severally, waives demand, presentmenl protest and notice of protest for nonpayinent, and further { agrees to any extension oi time of payment, either betor~ er aiter ~t~aiurity, ~vitho~f not~te to any of us; and to pay all costs of collection, indud:ng a ! reasonabl~ attomcy's fee in thc evem oF any defau:t hereunder, a~~d hcreby sevcrally wai~es all benef~t of homestead and exemption under fhe constitution s and laws of each State oF ?hz Unit~d States, as against this obl~gation or any extensron or renewal hereof. . ~ Ylitness ~he hand and seat of each party. ~ , . S/ Jame s Sta inof f Jr . (SEAL) i . ~ ' . ~ - cs~at~ ~ - , S/ Carol A. ~tainoff (SEAI) ! . . ~ csEn~~ - ~ fi36 . 6~___~ State Rever.ue _ • ~ ~~X~E~9~6~4~6?S~S~~6i~~6Ye~ • • - ' 2~ ~ 40~, ~Q and the rformance of the j NO'JV, THEREFORE, the MORTGAGOR for the purpose oi sec~ring payment of said sum of s pe covenants and agreements he~einafter expressed, and for d~vers good ar.~ vatuab!e co~siderjtions, by these presents, dces grant, bargain, setl, remise, ~ release, convey and confirm unto the r10RiGAGEE, its successon and ass~gns, aH that ce~tain lot, piece or parcel of land, sitvate, lying, and being in the County of St . Lueie , and State of Florida, dcur~6ed es follows: . ~ ~ The East 73 feet of the West 238 feet of Lots 4ts and 50, of AfARAVILLA _ ~ ~ SUBDIVISION, as per plat th ereof on f ile in P1 at Book 7, at page 31 , - ' ~ of the public records of St. Lucie County, Florida. . ~ o~ 1 _ . ~'~C~ C~ ~2 - ~ ` ~ . ~ ~ S T!-~T E ~ ~ ~ ; I F L_ O R I._, r.- ~ !1(1/^ !#A Ay r- . nZ i.V~.~rln~3~~~1R1~".._n,-OJ~N~~' F°~1~_ ~ ' DE~7. OF REYEt~UE , ,`~`-:3 ~ • K~ M- p$. - J~~,a~ 3 fi. S 0 1~~ ~ ~ f+'f . . p " ~ ~ 1~ Z^ `.<T.~a~-.+~ y. . v^V~{(! D t9{ _ ~ .fi / . . . ~y~. . . _ _ • - ~uC ~ . ~lY q,~{gg IN P,'}~MEM oF rnxEs PJRSUAIiT 70 CHAPTE~ PERSONAL P ~ - • . At:T ,ROPERIY, ! S , - RU6E ~f .:,i1 ~ R _ ~IERK C(RCUI7 ~~~5 Jftr CGURT, Sr_ Rv;:.: 3_ together with a!I and singular the tenements, hered~taments and appurtances thereunlo belonging ar in nnywise appertaining thereto, ar.d all rents, issues, proceeds ant! profits accrui~~g and to accrue from said pramises, al! of which are included in the above and foregoing description and habendum. F TO HAVE AND TO HOLD Ihe abeve descr~bed and granted premises unto the said AtiORTGAGEE, its successors and assigns forever. And the said ~ ; the ir /AORTGAGOR for he::s, ezeeu:ors, admi~is!ratvrs ar.d assi~ns, hereby covenants with the said MOR7GAGEE, its s~ccasor: and assigns, ; the are that lavelully seized of the said prem~ses in fee simple; that the same are free, clear and discharge3 from all liens and encvrtr ~ brances in law or in equity, and that they will and Lheir heirs shall warrant and defend the title to the same to the said ~ A10RTGAGEE, its successors and assSgns, fore~er against the lawfui daims an~ demands of all persons; " ~ PROVIDED, ALY~AYS that if the MORTGAGOR shall pay ~nto the h10RTGAGEE Ihe promissory_note hereinbefore described and shall ttuly, promptly ' and fully perform, d~scharge, execute, complete, comply wi~h and abide by each and every the stip~lalions, agreements, conditions and covenants of said € f promissory note and of th~s Mortgage, then this Mortgage and the Estate hereby vented shall cease and be null and void. ~ IT IS UNDERSTOO~ that the word "Mortgagor" whethe~ in the singular or plural anywhere in thi~ Mortgage, shall be singular if one only end ~at! shall be plural jointly and severally if more than one, and that the word "the~r" as used anywhete i~ thii Mortgage shall b~ taken to mean "hii; "'hers," - , o? "its;' wherever the context so implies or admits. Also; that wherever there is a reference in the covenanis and agreemenls herein consained to any af ! V ~ the parties hereto, the same shall be construed to mean as welE as the heirs, legal represenTalive~, successors and assigns (either vo{untary by act of the ~ ~ part:es or involuntary by operation of the law) of the same and that the cove~ants herein contained shall bind and Ihe benefits and advantages invre to the res~ective heirs, teaal representatives, s~ccessors and ass~gns of the parlies hereto. _ And said INortgagors, for themselves and iheir heirs, legal representatives, svccessws and assigns, hereby jointly and severaily covenant and agree ~ ; ta and with the said MORTGAGEE, its svccessors and assigns: - ~ 1. To pay ell_and singular the principal and interest and the various and sundry sums of maney payable by virtue of said promiswry note, and ihis ~ # mortgage, each and every, promptly on the days respettively the same severally become due. r~ ~ 2. To pay all bnd singular the taxes, assessments, levies, !'~bilities, obligations and encvmbrances of every rature and kind now on said desuibed - p_ property, or thal he~ea(ter may be impoted, svffered, placed, levied, or assessed thereon, or that hereafter may be levied or assessed ~pon this Morfg- ~ ~ age, a the indebtedness secured hereby, each and every, when dve and payable, according to law, before they become delinquenl, artd before any interei~ attzches or any penalty is inc~rred; AND INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A~, FOR INSTAIJCE, THE TAX RECEIPT OR THE SATiSFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHALL BE PtACED IN iHE HANDS OF SAID MORTGAGEE Y~ITHIN TEN DAYS NEXT AFTER PAYMENi; and in the event that any thereof is not paid, sat'sfied and discharged sa'd t1lORTGAGEE may at any time pay Ihe same or any part thereof withouf waiving or affecling any option, lien, equity or .iqfit under or by virtue of this mortgage and the futl amount of each and every svch Fayment shall be irr.mediately due and payable and shall bear interest ' ~rom the. rlare thereof until paid at rate of nine per centum per ann~m and together w~th such interest shatl be secured by the lien oi th:s morgiage.