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i _oNe Ro~r Thls Instrument ~~as P(ep ti~.L~ ~~l~ RAMCO IOwY A[t
C. R. McDONALD. JR., At~orn~~ ~
Ci~it~n• Feda~al Du~td~oq
F~. Pierce. Flotid• 33350
/ ~ ~
Fx~u~Pd ~i~p l;th day oJ September A. D. ~9 71 6y
WILLIAM A. SALMINEN and TERYL L. SALMINEN, his wife,
hereinaffer callecr fl~e mortgagor, fo .
ERNEST 8. GOETSCH and JANET H. GOETSCH, his wife,
F~ereinuJter called the mortgagee:
(WArrne? a+ed Aerein the urem ••aoortaa~or~~ aed ••sorytasee" i~clyde all t6e p~rtia ~o t6i~ irtrw~e~t a~ 14
kRal tepe+enuti~es aed ari n of iw~vidrab. ud t6e wccr~a~ aad a~i~ d caryotatiw~; ud t4 ler~ ~
include+ dl t6e eutd berei~ ~ it more tbas ooe.l
~Ltne~~~ that /or good and nalua6le c~onsiderotio~u, nnd alao in rnnsideration o/ the aggre-
gule sum namec~- tn !~e promissory nole o~ even dafe herewitti, tie?eina~ter t~escri~, the mortgngor ~ere-
by gmnfs, bargains, se~~s, a~iens, remises, conveys and con~irms unfo the rr~orfgapee a~~ ttie certain lanct
o~ w/~ic~ fhe morfgagor is now seizec~ anc~ in posse~sion situate in St. Lueie Cow~ey,
Florida. viz:
Lot 2, Block O, HARMONY HEIGHTS ADDITION,
Plat Book 8, Page 38, Public Records of
St. Lucie County, Florida.
THIS IS A PURCHASE MONEY SECOND MORTGAGE and is inferior to the
first mortgage held by Citizens Federal Savings and Loan Association
of St. Lucie County, which mortqage is in the amount of $5,000.00,
dated 8/23/?1, filed 8/23/71 in O.R. Book 195, page 18, of the St.
Lucie County, Florida, Public Records and which mortgage the mort-
gagors herein asswae and aqree to pay.
In the event that the mortgagor,defaults in any payment or condi-
tion stipulated in any prior mortgage for a period of sixty days, or
in the event of any default in a prior mortgage so as to cause such
~ prior mortgage to be accelerated and become due and payable durinq
~ the continuance of this mortgage, then the entire sums secured by
` this mortgage shall become due and payable at the option of the mort
~ , gagee. ~ s
The mortgagor covenants and aqrees to make all payments and per- ~
i~ form all conditions and covenants called for in any prior mortgaqes
~ now encumbering the property, and in the event of default in any suc ;
g payment or payments, conditions or stipulations, the mortqagee, with ~
~ out waivinq the option to foreclose, herein reserves the riqht to f
make such payments or perform such conditions or stipulations so as
to maintain the prior mortgages and prevent a foreclosure thereof.
Any and all such sums paid or expenses incurred on behalf of the
; mortgagor, together with interest prescribed in the note underlyinq
this mortgage shall be added to the mortgage indebtedness and be
secured by this mortgaqe.
~
~ Privilege is reserved to prepay this note and mortgage in whole
; or in part at anytime without notice and without penalty.
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