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~lGr.-106~8 .
2nd Januar j ~
iMIS INDENTURE, Made the~ day of A.D. 19 7~ beMr~sn
Richard M. . Salisbur~ Tnd t)rsel P_. Salisbur his Wife
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St. l.ucie ~ounty Fiorida, hcreinaf~e~ desi~r~ared as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND LOAN '
:.SSOCIATION OF FORT PIERCE, a corporaiton organized and exiu~ny under the le,~-s of the Unrted SIa~Qa of America and haviny i!s pri~~ Of ~
c,~;s~neu in the City of Forl Plerce, St. l~c~e Couroy, Flo?ida, hereinai~tr designated as the "A10RiGAGEE:' r'
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WHEREAS ~he MORTGAGOR is jusdy indeL~eJ to ihe MOR:G:Gff ir. th>. s::r:. oi S__2818~•OO---.-. good and lawful mo~ey of.~'UAlted .
:•,tet ad+anced by the hIORTGAGEE untu the hlCRiGAGOR, as rv~:ie~~a~d by a:er.a~n E~+omhsory note of even date herewith, of wtuch the iollowlny in ~
:..:ds and figvras is a rrue copy, ~ow~~:
s - ~ 10021144
Fo~+ ~ierce. Flwida. JanuarY 2~ 1975
for vai~r recerved, 1, ~~r or eiihrr o1 us, f+on,.ie to ,~ay, r+ithaui dafatc.~r~c., ~o rhe ordrr of FIRSi FEDERAI SAVINGS AND LQAN ASSOCIATION OF f
. 28 800.00 ~ :
PIERCE at F•~•t P~ercr. 1!u~~da. ~he s•.m :.r 2--- '"~:~>t ficrn date at ~he rate of Per annum. in monihly instalb ~
-;s as io::ows: S-257 un ~he ?~th adY a` February_ » 7.5 _ a~a a Gke wm on the corresponding day of each month there- ~
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- ~..ru ~ne •~.hoie ir fvity pe~d.
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Each insrai~~~.rnt frst sha11 be apF.! ed ~n : aym~nt of the ir••erest and ri rn cn the u~:pa:d balance o( the prinupal sum. li default is mads in the
.•._nt ef ary ,~nr,:~~*~e •t r.i~~n dur, a~~tl ~1=~a~~: cvnr,n~es 3J d_ys, then at 'he o~t~,r, of the hoider, and w~ihout any other notrce, aH the remaimng
~.:,:e~•ts shail 5~- d,,e and Na~ab;e a~ cr:cr. Pr~~~~ie~e is g~vrn to prapay this note ~n who;e or in part at any nme w~thout penalty. Neither faebearance, _
~ .~c.epTante hy the ho~d~•r thercot afi~•. any def.iuh in any pdyments hereo~, shall be deamed ex+ens~on. A late payme~t charge of s 12 =-85, shall be
to e~ch ~nss3~ n:ent ~em,~rn,ng ~r.pa d! da;s a!rer :tf d~e date, and a I,ir sem sh~ll be adyad to each wch insta~iment remammg unpaid 7 days atter .
, succeed~ a ~ner.t d3te. t
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Each mjicer, wrety and en:forsar h~-r_of, ~c~ntty and se~c~al;y, ~sa~ves d~•rr~ar.d, preier~iment protest and noti:e of protest for nonpayment, and further t
~•e to a:iy e+:ani•ur. ot t~u,e o° N~~«,r:~r. ~~~i~er be.`ore ur af!rr mawnty, witho~~t r:;,t;ce to any of us; and to pay all eests of coflaction, includ~ng a ;
•,,ab'e attorn_y's fre :n th~ e.r:~: c.` .~~~t u<~fa~.t hereur.~rt, and he:eby s~va~ally •,varves atl benefit of homestead and exemption under the constitution 4
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~.vs oi each `_sare of r:.~ U:.ted Stares, ay~~~~a~ '.~~is ot,f~yaiion or any e.rrr.s~cn or rener.ai ngreof. ~
Wrt~~ess the hand urd seat of r~.n i:ir'y
s/Richard M. Salisbury ~Ai~
~ . . . . . • _ (SEAt)
' s% rsel t~. - iiSbury ~A~~
i (SEAU
~43.2~ . - ~tate ke.erua
•••••••~as-canerl!ed~-ar.~n?,q:w.* nae~ •
Np Y, THEREFORE, the MOR1vAGOR tor !he ::u.pose ot s~curing payment of said s~m of S 28 s 8O~ and the performance of the ~
,~anta and og:ec~r:e::!s he.e:r.,frrr r.~~~ess:-d. a:~d for dl~ers ycod and valuab!e cens~daretions, by these presents, does gront, bargain, sell, remise,
cor.v~y a::d tor.i,n-~ u~`o the f~l:,e?~AGEf. ~n suttessors and assig-+s, a:~ tF:et cerrain loT, piete ot parcel of :a~d, situate, lying, and being in the
_ af St_1.L1C1@ _ ____y and S*.ate of F:or~da, described as follows:
:~~t 8, P.lock R, ~tARAVI LLA ESTATES as recorded in Plat I3ook 8, page 77 of the Public ~
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~cords of St . Lucie County, Flor ida,
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~ kECE1VED IN PAYMENf pF TN~
~ _ DUE ON CUISS'C INTAN6IBLE PERSONA~ pRppETflYi
PIJRSUAMi TO CFIAPTER 71-134, ACTS OF 1971.
~ ROGER PORRI~S
~ CLERK CIRqlR COURT, Si. WCIE !0, F'~ '
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~ • ~etrer w~th aU and s:~ouia+ tne tenements, nered~tame~:ts and appurtanccs thereunto oelanging w in anywise appertaining thereto, and aU rents, iuues, f ;
,ceeds and prof;ts accru;ng and to accrue from sa~d prem~se:, all of wh~ch are ~nduded in the above and foregang descriplioo and habendum. ;
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HAVE Ar;D TO FlOLD '!:e a~ov~ aesc-~~*~ Z*`~ g+anTed pren~ses unto the sald lNORTGAGEE, its successors snd assig~s forever. And tFN aaW ~
~ _their____
'^2TGAGOR for - - he~n, executors, adm~n~strators and ass+gns, hereby covenants with fhe ssid MORTGAGEE, its suctessors and assiQm,
. __t~le~,7 are _ iaN,~iiY ~e~zed of tFe said prem~ses in fee simp{e; that the same sre free, dear and diuharged irom all licra and tncu~
~ ~.-;_es in law or in equ~ty, and that_t~- w',11 and _ _ th~r heirs shall warrant and de{end the title to the same to the said
':?~GAGEE, its successors ar.d au~gns, foreve~ against fhe law4ul ctaims and demands of all persons;
~ PROV{DED. AI:VAYS that if the MORTGAGOR shatl pay unfo the MORTCsAGEE the promissory note herc~~befwe described and shall truly, p?omptly
; fv11y perform, d~scharge. eaecu!e, complete, compty wirh and ab~de by each and every the stipulationa, ag~eements, conditions and covenants of said
ssory note and of tt~~s tllortgage, then rhis Mk,rtgage a~d the Estate hereby veated shall ceax and be null and void.
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' IT !5 UNDERSTOOD that the wcrd "Mortgagor" whelher in !he s~ngular or plural anywhere in this Morigs~e, shall be singular if one only and
~ be pfural ;ointly a~+d severalty if more than one, and that rhe wwd °their" as used anywhere in this Mortyage ihall be taken to mesn "his;' "hera," c
~;rs." where~er the context so ~mp:~es or adm~ts. Aiso, !hat wherever there is a reference in the covenants and sgreemeots herein contained to any of a~
e parties hereto, the same shaH be consrrued ro mean as well as the hein, Iegal represmtatives, successors and assigns (either volunbry by +ct of the ~ w -
4r .
~ e: or i~vo:untary by operat:on of rhe law) of the same and that the covenants hereio contained shall bind snd the benefitf and advantsgq inur~ ~
u: ; rF,e respective F.e~rs, fegal representatives, successors and asrgns of the parties hereto. /.~y
And said Mortgagors, fw themsefves and their heirs, legal representatives, successas snd aasigns, hereby jantly ~nd severally covenant and ayree V, ~
:»'e •c, a~d with the said MOR7GAGEE, irs successors and assigns: ~ ~
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'~'ti~,~° 1. To pay all artd siryular thc prinupal and intereat and the variovs and sundry sums of money payable by virtue of said promissory note, ~nd ihis ~
a e, each and ever rom tl on the da s res ct~vel the same seve?all become due. t
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2. To pay sll and singuler the taxes, aasessmmts, levies, liabilities, obligations •nd encumbrantes of every natwe and kind now on said destr7bed #
,~operty, a that hereafter may be ~:nposed, s~ffered, placed, levied, ot assesud thereon, w that here~fter may bs levied or +ssessed upon this Motty ~
~ ~e, or the indebtcdness secured hereby, each and every, when due and payable, xcad~ng ro Iaw, before fhey become delinquent, +nd befor~ ar~y interest
~ ••-c~'~es or a~y penalty is incurred; AND INSOfAR AS ANY THERfOF IS OF RECORD THE SAME SHAII BE PROMPTIY SATISFIEO AND ~ISCNARGED OF
-"~iRD AND THE ORIGIhAt OFFICIAt DOCUMENT +SIFCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFftCIAIIY ENDORSfO ~
~ CERiIF1EDi SHAII 8E PIACE~ IN THE HANDS O~ SAIO M,ORTGAGEE ~~tTHIN 1EN DAYS NEXT AfTER PAYMENT; a~d in the event that ~ny ihereo( is no1 }
~ sar sfied and d~scha.ged sa d MORTGAGEE may at any nme pay the same w any part thereof withovt waiving or affecting any option, lien, equity or •
~ ~nder or by virtoeroi th~s mo:~yage and the fuli amovnr of each and every such payment ~hail be immediately due and payable and shall bear i~terest ~
~ r~~ ,!,~e r• • e~-i -afe ol n:ne per cenr~m per ann~m and toge~her w;th svch imerest shall be secured by the ~~en of fh s morq~age "
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