HomeMy WebLinkAbout0144 ~.~~'~3,~2
THIS INOENTURE, lN~d~ th~ 1St day of -~uT1Q , A.D. 19..?.Q._.. bNwNn
Arliss D Etheridse and M~ry E. Etheridge~ his wife .
of -cjZ- 111C~e ~ County Florida, hereinaiter dciign~ted as the "MORTGAGOR;' ~nd NRST FEDERAL SAVINGS AND IOAN
ASSOCIATiON OF FORT PIERCE, + corpaat~on orya~i:ed and exii~ing under the tawi of the United Su~a of America and l~aving in principal plac~ of
busirKat in tM City of Fo?t Pi~rce, St. luti~ Co~nty, flaida, hereinafter desiyr?ated as 1M "MORTGAGEE:'
WHEREAS the MORTGAGOR is juttly indebtsd to the MORTGAGEE i~ the sum of s 21 ~ good and lawfvl mooey of the United
States advanced by the MORTGAGEE u~to the MORTGAGOR, as evidencad by a certain promissory ~ote of even date herewith, of which the foibwirp i~
•~vwds and fiyvra is a trw copy, to~wit:
= 21~ 000. 00 ~ 2G ~ 343 ;
Fort Pierce, F~«~, June 1 ~y 70 .
For value received, I, we w either of us, promise to pay, without defalcation, to the order of FIRST FEUERAL SAVINGS AND LOAN ASSOCIATION OF ~
FORT PIERCE at fort Pierce, Florida, the sum of s 21 • 0~ w;th interesl from date a1 the rate of 8• 5 0,6 per annum, in monthly install-
ments a follows: i 183' ~ p~ 15tha~r of ~September ~9 7O and a like sum on the cw~espond~ng day of each mo~th. the?e-
aiter ~ntil t~e whote be fully paid.
Each installment first shall be applied in payment of the interest and then o~ thQ unpaid b+~lance of the princi~sal sum. If defaulT is made in the
payment of sny installment when d~e, and such default continues 30 days, then at the option oi the hofder, and without any other not~ce, all the remainin~
~n:tal4nenta shalt be due and payabfe af once. ' P~ivileqe is giver. to prepay this note in wlwle or i~ pa~f at any time without penalty. Neither forebear~nce,
nor acceptarrcs by tha holde~ tiureof af~er any default i~ any payments hereon, shall be deemed extension. A late payment charge of = 9~ 15 shall be
added to each instal~me~t remaining unpsid 7 days after its dus date, and a like sum shall be added to each such installment remaining unpaid 7 daya after
ench sutteeding paYment date. . ,
Each maker, surety and endorse~ hereof, jointly and seve:ally, waives demand, p~esentment protest and notice of protest fw nonpayment, and further
agrees fo any extensi~,n af s's~s:a of Paxment, eitlxr before.u after maturity, w~thout ~otite to any of us; and to pay all costs of collection, intlud~ng a
reasonabk attorney's fee in the event oF any defautt hereunder, and hereby severaNy waives a~l benefit o! homestead and exemption under the tonstitution
and laws of each State of the United States, as against this obligation a any extensiw? a renewal hereof.
Witness the hand a~d ~eal of each party. '
/s/ Ar2iss D. Etheridge ~U
/s/ Mary E. Bthexidge ~
(s~?U
~ $31. 50 i ~ate Revenue ~
(
NOW, THEREfORE, the MORTGAGOR fp the r 21 O~
pu pox of securing payment of ssPd sum of S ~ and the performance of ths
cove~ants and ap~eemenri hereinafter expressed, snd fw divers good and v~luable conside~atans, by these presents, does grant, bar~ain, sell, remiu,
release, convey ~nd confirm unfo tF~e MORTGAGEE, iri wcceuors ~nd auigni, all that certain lot, piece w parcel of Iand, situate, lying, and beirg in tAs
C~~~y pF $t • u1C1@ ~ and State of Florida, described as foUowi:
Lot 10 and the East 12 feet of Lot 9~ HAMILTON ACRES
SUBDIVISION: as per plat thereof recorded in Plat Book 14~
page 6~ Public Records of St. Lucie County~ Florida~j ;
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RECE11'ED S IN PIYMENT Of TAl(ES ' _ ' . ...f~~.
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DJE ON CtASS 'C' INTANGIBlE PERSCN4L P;20PERiY, C;,,
PL':.S'~4`i7 70 CHAPTcR 20724, ACTS 0~ 19~1. . 1
~~G~R POIjRAS. Clerk Cirwit Caurt `c~` :y ~,P t
v~Oj ~ C` g
as 1~eM for DANIEL N. KNOWLES, 1R
St Lncie Couniy Tax Colkctot ,-f~
~ -~a-t.~cG~ 3i~i~,
~OJ C-
D~ruiY c~ '~S .
;
' together wifh al) snd singvlar the tenemenri, hereditsmenn and appurtances thereunto belonging w in anywise ~ppert~inirg the?e% ~nd aU rM», issues,
procseds and profib accruirg snd to acuve from ssid premises, all of whid~ ue inctuded in the ~bore •r~d fore~a~ desaror~«? and I~b~,~dw~.
TO HAVE AND TO IiQW the above described and granted premises unto the said MORTGAGEf, iq succeasas and iuigns forewr: Md th~ wfd
MORTGAGOR for their ~~n, exccuton, administratws and assgru, heteby tovenanri witb fhe said MORTGAGEE, its sixcessors and assiprr,
rhat they are ~~ul seized of the said
ty p~emises in fee simple: th~t the same sre free, ckar and discharyad from all liens and wxwn-
brarxes in law or in equity, and tha~ they M,~~~ a~ their heirs shall wurant a~d defend ths titli to the s~ 1o tlk s~id
MORTGAGEE, in successws and auigra, forever sgsinst the lawful cla"uns and demsnds of all persau;
PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay umo the MORTGAGEE •the promissory noro hereinbefore described and shall fnrly, promptly
and fully perform, dixh+~ge, execufe, complete, comply witF~ and abid.- by each snd every the stipulstions, sgreemenri, tonditian ~nd oovenanb of said
promissory note and of this Mortgage, then this Mortgage and tF~e Estate haeby uested shall cease a~d be null snd void.
IT IS UNDERSTOOD th~t tF~e word "Mwtgagor" whether i~ the s~rgular w plural snywhere in this Nlortgage, shall be sinpufu if one only and
shsll be plwal jointty and severaly if mwe thsn one, and that the wad "their" as used inywi~ere i~ this Mwt9age shall be tsken to mean •'his,•• •'hen; ,
w"its;' wherever the co~text so impGes or admits. Also, thst wherevet there is s referente in the covenann a~d ayreeme~b herein oont~ined to any of
the puties hereto, tl~e sanK shall be construed to mean ss well as the heirs, kgsi represer?tstives, svocessors and astiyro (eithd volwetary by ~cf of tl~
partia or involuntary by ope~ation of the Isw) of the same and that the covenants herei~ contsioed shsll bind snd the benefiri and advsntapes irwt~
to ths r~spectiw I~ein, legal repraentatives, successws and au~gns of the p~nies i~ereto.
Md said Mortgpon, for themselvd and thev hein, legal represeMativa, s~ccessors +~d auiy~s, hereby jointly and severally covenant and ay?ee
to aod with the said MORTGAfsEE, its successon and auigm:
1. To pay all snd sinQulu tl~a priaipal snd inte~est snd the variovs and sundry ~wns of money payabk by virtue of ssid promiswry nofe, aod this i
mortpaye, esch ~nd every, prompHy on the days respecrively fhe s+me ~everally befome d~e.
2. To pay dl ~ed sin~ular the taxes, uussmenn, levies. IiabiliY~es, oblgstiau and encumixarxes of every narine and kind rww on iaid d~saib~d
propary, w tMt heraafter msy be impoud, wffered, plxed, leried, or ~ssessed tFiereon, o~ tF»t hereafter msy be kvied or ase~sed upon this Morq-
age, w tM ind~btedness aecured hercby, esch and every. wlw~ due snd psy~bk. ~ttordirg to bw, before tbey become delinquem, a~d befon any Gn~ra1
sttaches or smr penalty is int~rred; AND INSOFAR AS ANY THERfOf IS OF RKORD THE SAMF SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF
RKORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR TNE SATISFACTION PAPER OFFICIALLY ENDORSEO
OR CERTIFIED) SHAII BE PLACED IN iHE HAN05 OF SAID MORTGAGEE WITHIN TEN ~AYS NEXi AfTER PAYMENT; s~d in the event that any thereof b not
paid, sat'sfied and disch~rged sa;d MORTGAGEE may at any time pay the sa~me or any part thereof withovt waiving w affectirg ~ny option. lien, eqviry a
•iyht unda w by virtue of this mortgsge and the full amount of each and every iuch p~yment s!?all be irtwrudistely due and psysbk snd shsll bear iM~rest
~rpn the datt the~eof ~ntil psid at rate of nine per centum per annum and t ether w~th ivch inte~est shsll be secured by the lien of th:s mwgtape. j
8 oK 185 PACE 145
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