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Home My WebLink About0517 ~dU5t~7 TNIS INDENTURE, Mad~ ths ~ r~ day of AtlaU S t A.b. 19 ~ 3. betwee~ picl~ard '~1. Salisbury and l?rsel P. Salisbury, his wife of St. 1_~'C1C~ Cqinty fbrid~, I+e~einafta dtsignatcd +s the "MORTGAGOR;'.~nd FIRST fE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • corporation a~~nised and ~x~i~inp u~da tM laws of ths United Su~a of Ame~k~ ~nd havir?p its principal pl~c~ of ' businqti in tl» City of fwf Piacs, St. luca County, Florida, herei?wita deiipnated a~ tla "MORIGAGEF." WHEREAS tM MORTGAGOR is 'vitt indebted to rM MORTGAGFE in tM aum of = 26 ~O n0 1 y ~ • - good and lawful ma~sy of the United Statss ~dv~nced by the MORTGAGEE unto the MORTGAGOR, as evidenced by ~ certain promiuory nots of even date herewith, of which tl~e iolbwinp in wwdi snd f' ur~s is a t~ue copy, to-wit: s 2F,0~0.00 ' ~ 10020284 ~ P~n f~~ August 3~ 19 73 For valve received, 1, we a eithes of us, p~omise to pay, without defatcarion, to the order of FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF FORi PIERCE at fwt Pierce, Fbrid~, the sum of s 26 wi~h interest irom date at the rate of S• 9% per annum, ia monthly install- ments af tollows: s21Q on the _2Oth day of SPpCe~nber ~ ~9 73 and • like sum on the correspondinp day of Q~th rtwr?th there- after vntil the whole be fvtly paid. ' Each instsllrn~nt first shall be apptied in paymcnt of the interest and then on the ur~paid bslance of tl~e principa) sum. If default ia madt t~ tiw payment of a~y instaNmcnt when dve, a~d such defavh continues 30 days, then at the option of the holder, aod without any othcr rotice, a!1 t~e ~emalnin~ installments shall be duc and payable at once. Privitege is given to prepay this note in whok or ie p~h at sny tim~ withovr penalfy. 'Neio 9~bearaacs~ nw atteptance by tl+e holder thereof after a~y default io any payments hereon, shall be deamed extension. A lale payment :h~rge of s sMl) b~ added to each insuUment rcmaininy unpaid 7 days afte~ iri due date, ~nd a like wm shatl be added to each such installmem remaining unpaid 7 d~ys aiter each s~rcceeding payment date. - Each maker, surery and endorser hereof, joinfly and aeverally, waivet demand, presentment protest and notice of protett ;or rtonpaymant, ar~ furt4~ar agrees ro any extension of teme of payment, either before a after matu~ity, without notice to any of us; snd to pay all cosfs of collectan, in.~iud:.g ~ reasonsble anorney's fee in the event oF a~y default hereunder, snd hersby severally waives all benefit oi homestead and exemption under the ca~stitWion and laws of each State of the United States, as against this obligation p a~y exten:ion w renewal hereof. ' Witness the hand a~d sea! of each party. ~ cs~?u S/ 'ichard f. Saiisburl~ (s~?U S/ ~irsel P. Salisbury ~ C 39 . OO ~ stats Revenue (Sarops <anceibd.ow -osigiw~l. wole) NOW, TMEREFORE, the MORTGAGpR fw the r 26 ~ performance of tM p~ pose of securing p~yment of said sum of ~ ~ and the covsnants and agreementi hereinafter expressed, and for divert good and valwble considerarions, by thess presents, does grant, bar~sin, tell, remise, release, convey and tonfirm unto the MORTGAGEE, ib successors snd auigns, all 1M1 certain lof, piect w pucel of land, sitwte, lyirg, and being in ths County of St . T. >>C le and Sute of fbrida, dexribed ~s fdlaws: t.ot 8, Rlock i4'=A~~I1_LA F_STATES, as recorded in Plat Rook R, ~age 77, of the public records of St. ! ucie rounty, ~lc+rida ~ 1~~ ' D% ~ a'~\~ts`~ ~Y~~ s ~ 4f ~c~~ iyt, ` ~N~~ ~ oF ~ ~a RP~ A. ~ ~~,ti~ ~ ~o s~ N .Tp,-~EA~,~ ~,~S~A~ ~ q?1~~ t~ ~.~Rt~ ~ ? ~OLUMR NfN ' t , 3 y 0 ~ ~~1` ~ n= r- pEPt.Or ~ . ~ ~ s r ~"'-6~3 „f ~ .~+c r- P9. o yti~:02 I I ` . togetF?er with sll and si~gvlar tlx tenements, Iroreditaments ~nd appurtance~ tFro?eunto belonging or in anywise appertaining therefo, ~nd aU tents, issws, proceeds and profin acauing snd to accn?e from ssid premises, all of which sre included in the ~bove and foreya~y dewiption ~nd h~bendum. ~ ; TO HAVE AND ~Q HQIi the above deuribed and granted premises unto the said MORTGAGEE, iri sutcesson and assigm fww~r. Md fh~ s~id f MORTGAGOR fw r~ heirs, exec~tors, sdministratas and as~gns, haeby covenann with tf~e s+id MORTGAGEE, its s~cceswn and ~tsipnt, rt,ar t hey a re ia~t~n se~:~d of ~he s~~d y prem~ses in fee iunp(r, thst the s+me ~re free, ctear f~d dischar~ed from aN li~m and a+iccum~ brarKes in Isw w in equity, snd that thev wilf and thei r hein shatl wurant and defend the title to tke s~me to ths saW MORTGAGEf, its suctessors and suigns, forever egainst the Iawfut claims and demands of al) persau; ' PROVIDED, ALWAYS that if the N{ORTGAGOk sha0 pay unto the AhORTGAGEE tF~e promisaory note hereinbefore dewibed and th~ll truly, promptFy ; and fully perfum, discharge, execute, tompkte, comply with and ~6ide by each and every the stipulatio~s, agreements, ca~ditio~s and cawenants of said promissory note and of this Mortgage, fhen this Mwtgsya snd the Estate hereby ae~ted shsll cease and be nvll ~~d void. I IT IS UNDERSTOOD tFut the wwd "Mortgagor" whetF~ in the :ingular or pluwl aeywhere in this Morty~e, sMll be sirgular if one oely and ~ shall be plural joinNy and severdly if more than one, and that the word "their" as vsed snywhere ln this MortgaQs shall be taken fo mesn "his,•• •'hers•• or "i»;' wherever t!?e context so imp!ies o? admitt. Atw, that wherever tbere is s reference in the covenann ~nd apreemenq herein oont+ined to ~~y of fhe pariies hereto, the same sf?all be construed to me~n a~ well as the heirs, le9~l r~presentatives, succeuws a~d ~uig~s (either voluntary by sct of tM ~ parties or involuntsry by opentan of the Isw) of tlx same and that the covenants herein contained sMll bind ~nd !M benefib and sdvantayp inw~ ro the respect;ve heirs, legal representatives, successors snd au~grn of the parti~s hereto. And taid Mortgagors, for themxlves and their heirs, legal repreuntativa, sutcessors and ~uigns, he~eby jointly ~nd stverally covenant ~nd ~qrae ro and with the said MORTGAGEE, its successon and assigns: 1. To p+y all ~nd sing~lar the printipal and interest and the various and sundry wms of money payable by virtue of said promiafory note, and thn ? mortgage, e+cF~ ~nd every, prompdy on the days respectively the same severally become due. 2. To pay ~It and s'~e?gul~r tt+e tsxes, sssessments, Icvies, lisbilit~et, obligatian and encumbranca of every n~ture and ki~d now on said desuib~d property, p tF~~t hereafter msy be imposed, wffered, placed, levied, or sssessed thereon, p that here~fte~ mty bs levied a~s~esred vpon fl?is Mo?1¢ age, or the indebtedneas secured he~eby, cach snd every, when dve and payabls, actwdinp to law, before they becom~ delinquent, ~nd befor~ arry/ intarest attaches a any penalty is incutred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPTIY SATISf1ED AND OISCHARGED Of RECORD AND iHE ORtGffYA[ OFftC1At DOCUME~Ii (S~K11 AS, FOR lNSTANCE, THE TAX RECEIPT OR THE SATISFACTtON PMER OfFICIAILY ENDORSED OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; s~d in the event that any thereof is rat paid, sat"afied ~nd dixharged sa:d MORTGAGEE may st a~y time pay the same o~ any parl thereo~ without waiving or affectinQ any optiae, Iien, equity or •~aht undei or by virtue of this morfgage and the fvll amount of each and every such psyment shall be immediately d~e •nd par~ble and shall bear interqt ~~om the date thereof un~il paid at rate of ~ine per centum per annum and toyetherar~ ~ est sh~ll ~ycy~d by the Iien of th:s moryf~ye. 1~ 9e BCOK . ~ PA6f < - - _ ~ ~ _ , - _ ~ .