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l[.n~. L rw.~e .I f«rd.wee .t c?i. rr«e~y. .ti.r a~rt.r .t dd. a Ir. ..~tp~.i ~c.~e~ tw extiw~wi.h~eet .l t~e e.is~
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t i) Itit i( a~y ~t ~f ~~r MroL~ nturr~i u M Mt M~+~rp1y a~i tdlp Mii ~rNUa ilitee~ i~n ~t
.t~er t`. ..w~ n.rrdlr ?ec+r..~ dne a~ ~.ya?i~, ~r i/ rei ..i ,rar~ tr. .d~1.K..~. a~ea.~aw, c..diti.r as~ c.v~. .t ..id
,K~.~i.w~~r ~«ri ~W iN~. K eie~. ire ..R r ~ei'«~ard. c~1i~i wir` ..i aYiri `r. ~4e ..i~ .~r~e ..s. aa~ti~al iw
M~d ~ MIO ~WI b~EO~~ ~O i~ ~r~Wt~N'1`M11~ ~f I~f!'~1lf t~Q ~~t/N ~ f~E NOlt~l~00 i~ t~~ ~ CMI~OIO~r M
J J~ ~ai~ ~ w. ~t a!, rewwi~~ w~te .M .ripwtlr ~tiprlyei t~ be v+i~ ~w we~ d~Y. wt~i~ i~ ~aid p~ir•e~ ~
~r lweai~ a c~trarr ~lr+itVqei~.
( j 1'!'bat i~ Ki~i~r~ai~~ `aee~Mr+~e d~e arapvity ~t t6e ird~Lwiwr ~ebr ~wre~i. bea~ue ~t t6e fail~~re ~t tLe Y~etPiK ~ M7' W
t~ Y~E~KA6Nr ..~."~7~ ~M K OAlY1~YfC! ~M N~+ N'i~Ofl~~ Y~ pf~V'!d!~ 1[ ~~1 Wl bQ ~17 ~f t'O~q100 ~t
~C L~~fI~~OE `fR M~il.
2~. The D~ortaaa~pee ma~, at hia optioo, aad ~ritl~awit waiv Lis ri6ht W ac+oektate tlrt indebtedaen heceb~
~ecaeed aad to foeeclare tha aa¦re, par eitber befo~+e or after delinqoene~ ~n or all of tho~e certain obli~a;iorr~
r~q~iied by t6e term. 6ee+eof to 6e paid by tLe Mo~ for che procecaoa af ~ mort6aae .ecur;ty or for dre oulle~
tion of tire indebtedne~s ~eieb~ ~cuebd. All sum~ w adv~asoed or paid by t6e Mort~aee shall be rharaed into th~e
mort6a~e acooant and becanuo an intearal part tl~ereof, w~bject in aU respects to t~e terms, condition~, and oovenanta
oi the doe+e~aid prwo~~uuMOrr aote, and tlw mortaa~e, a~ inUy and to t6e same ~~teat aa tbou;h a part of the ori~inal
indebtednw e~idenoed br said nMe and secured by thu mort~a~e, ex~oeptia6 however, that sud snm~ a~all be repaid
tlae ~ort~,aae~e forthwith upc~ itr denxaad and be ia sdditioa to the re~ular AiatztLly inatallments pcovid~d by the
~nort~~c aote.
3. T6at e6e abetract or abtracta of title coverina t6e mort6a6ed propcrty sLall ~t xll times, durin tLe lite of
thi~ mott~ya~e. remain in pur~e~ioa of tlrc Mort~a~,ee and iun cvcat of thc faraclveurt of this mort~a~e ar a~ tramufer
of tide to the mortda~ed ProPertp ia eztin~uishment of the indebtednees ~ecured here~by, all right, tide and intereat
d the bSort~or in and to any wch abstract~ of title ~hall pass to the p~ie+chaser or 6rs~ntee.
4. To t6e c~tent of tir~ ind+ebtedaea~ o[ t6e Mort~a~ur to the Mae~tp~rse dcrcribed herein or recurad hereby,
tl~e riort~bee u hereby ~abrq~ated w tLe lim or Gew and to the ria6b o[ thc owners and holdere t6ereo~f of each
aad ~vvery mort~e, liea or other incumbraaee on the land deacribed herein whicL ia paid and/or satisSed, in wLole
or in part, ant of the pcooeed~ of t6e laan de~cribed berein or se~vc~ed Ler~ry, and t~re re~pective lieaa d~aid mort-
gase~, liew or od~er incumbraaea, shall be aad t6e s~me and each of them l~ereby is preaerved and shall eaes to and
be held b~ t~e Mo~tsaaee 6eR.in ae security for the indebtednese to tht riortaa~ee herein deecribed or hereby sccared, ~
to t6e aame exteat th~it it Mould har~e been pe+eserved md w~ould have lieen pa~scd to and been held by the Mortaa6ae
had it been duly andre~u larly aaei~ued, transierred, rct over, aud deli~~eccd ui~to the Mortga~ce by ecps~rate dead of
a8ei~untnt, notwithstandin6 tbe fact that tl~e samt may be wtisfied and eancelled of record, it beia~ the intention oi the
parties hereto that t6c same will be ~atis6ed aud canaelied of rccord by the holdere thereof at or about the time of
thc rrcordin~ of this motl~a~e.
S. Ia the evmt the ownenhip of thc mortaaaed pnmixe, or any- ~art tl~ereo[, becomes veated in a penon other
than tlie Mortgaaor, the'_Vlort~agee may, wit6aut notice to d~e Mort~aaor, de~?1 with euch aucce~eor or eucoeMOrs in
irtitereat w~th refea~e~ae to thie deed ~od the d~bt he,~ebr secucred, in the aame manner aa with the Martgagar without
ia any war vitiatin~ or dischar6in~ th~ Mort~~or'~ liability herrunder or upon the debt hereby aecured. No sale of
tl~e premiee~ I~ereby mort6aaed and no forbearance on the part of the '_V[ortpaget, and ao extcaeion nf the time for the
paymeat of the debt hereb~• secured givea bq the Moct6aaee shsl! operate to release, discLarsey modify, chartge or alfect
the ori~inal liability of the Mort~a~or herreia either in w~de or ia rart.
h. The lien oE this deed securea and rhall cantinoe to secure payment oi gaid indebtedneae or indebtedneae,
l~awever evideaced,, whether by said pmmiorory note or any renewal or e:teneion thereoi ar aubstitute thenfor, or
otiterwiee, nntil all snch indebted~e~e ehall have been full~ p:id.
7. In the er,~ent the mortgagors sell, convey nr transfer ti:e mortgngec~ premises during the life uf this ))101'l~*11~P,
then this »tortgage shall, at the option of the 141ortgagee herein, Uecnme immedit~tely due and pnyable for tiie ft~fl surn of
t)ie principal balance and interest then due.
8. The terme "Mortaa~or" and "Mortaa6ec" wheaever uaed in this inatrument al~all include the heire, personal
reprtr~entsitiv~s, au~ra and sux~Rns of the reepective partite htreto. Whervever ueed the e~iogulAr number ehall inelude
the plural and the piural the eingular, and the uee of any gender s6a11 include sll gendere.
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~ 5i{Sned, eealed and detivered in the preaence of: (S~w~.)
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STATE O FLORIDA
COUI~ITY OF
ST - CIE LEIIAND 1~.. `~"HORIVTON and ELSIE THCRP~TOi~T his Yvif'2
Bef ine persoiually appcared > >
to me w 1 knawn and known to me to be the indiwiduale deacribcd in and who executcd the fore~oing i~tnunent, and
ackno e+i~ed before me that they exccuted tht sarae for the purposes t6erein ezpreaeed. ~ITIVE~S my h~nd xnd
o~cial real in tht County aad State last xforesaid this v ~h d z.y O f J y~ ~ 9 6 5•
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~V~1/~ ° /1r'~~ . ~ .a_.~ ~r ,
Mv (',o~mieaian Expi _ . . Notary Pu ic, State of ' ~ : , : G :
Fil. AN RECQ RDE~ ~ f
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~ ~ • . y ROGC~•. : : Ci..ERK
~ 5T. LUCIE CGU~JTY~ ~ R ~,~4
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