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1[.~tp~. I. .r..t ~ r..rel.au~e .t t6i. s.~tp~e ~r .t6.r tr..Mter .t title u tMs .«tpM~ ~ i~ ~ti.ni~6~aaw .t ttie i~e?~.
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•a.a. .eere.i r«~.~r. .U ri~h1. title i.terac .t t~e ~[.etp~.r i. ~ t. w.r.soe ~.t ei.. the. i. t.rce .6.U p.n t. ~is
~urLwe K R~Ma
l?1 T~ l~t~. s+~p11 ~ritr a~ aWde we~ wi e~ t?e Mjpal~ti~ws. a~r~~. cwiritiw ud aveww i~ aid ~c~si~f
a~te aw~ i~ tW i~ei ~et twtr.
( i)'l~at it w d Nii sw ~t a~~ rerelw e~eterrei re ~.t a~i trll~ ~.i~ riti~ litteea L7~ ~cu
dtec t6e w~w Mwr~llr 6ee~ma dw a~ ~abb. K i~ ~Y a~i ~verf ~tipnlctiw. ~s~~w. cvadiaw ui c+reou~s ~ wid
pnmiwrs ••t~ wd 1hi. ds~i. .r c;~. .re s,.,~t `t'._ll pat«+nea. ewu~li~ ..i~L .wd abldei ?r. tLe ..ia .~e~ua .r. ae.tio.ei i.
Mtd pfYRIMK~ N~O ~II bK~~O ~O ~ P~'.r.c ~Nt`MIfL ~r ~berea[ter at t6e opiN d t4 alort~a~ a~ tdly awd c~a~pletd~ a~
i( tbe s~ii •~P'~p1s wa ~t said Kooiwoc~ wte ~ra~ Ki~iwpr ~tipul~te~ t~ be v~d N wcL d~y. any~6iw~ b~aii ~+iiwc~ ~N
~r hereia N ttie eMt~ar~ Mt~ril6N~wdiai. .
l31 1L~t iw wder t~ Kc~elerate tbc aut~rib ~t tLe ~ bereb7 aec~re~i. bccaue ~t t6e t~il~ue ~f tL~ 1[~tppr t~ M7 +~1
uu~. wesWaewt, IiabiG4. ~?Ii~iN K ese~mb~aace rp~a ~aia *npertl. a~ i~ereia pnvidc~ it ~hall w~t be acseMaq ~e reqrisite t?~t
thc u~e~tsasee ~hall 6e~t pq t6e ~aoa
2. T6e Mortaa~ee may, at his option, and withqwt wuv~n~ his ri6ht to aooelerate t6e indebtedneM het+eb~r
eecured and to foreclo~e the aame, psy eitber before or aiter delinquency aay or all of tho~e certain oblisatiaoa
reqnired by t6e tcrna 6ereof to be pud bY ~t~6e Mort~a~or [o[ t6e protcction of the mortaaae ~ecurity or for tha oolka
tion ot the indebtedne~s hereby ~ecun:d. AU sum~ so advanoed or paid by the Mortaagre ahall be ch~raed into the
mortaage accw~nt and beoo~ne an inte~ral part t6ereof, subject in all respeca to t6e term~, oonditio~u, and ooveaant~
of tLe afore+aid promiawry note, and tlw m~ a~ [ully and to the ~ame a~teat as t~wuah a pact of tLe orisinal
indebtedneM ea-idena:d by said note and aecuc+ed y this mort~a~e, ex~cptina however, tlut said swns shall be repud
the Mortaa~e forthwith upoa its dewand and be ia addition to the reaular moathly inatallments pmvided by the
~norigYge note.
3. That tlie abetract or abatncb of title ooverin~ t6e mortaaged propert~ s4all at all times, durin ihe 1'Je of
this inortga~e. remain in pos~ewon of the Mortaa6ce and ia eveat of the [oreclosure of this mortaaae or o~ transfer
ot title to thc mortga6cd property in extin6uissh~nent of t6e indebtedness secured 6ereby. all right, title aad interest {
of the i~tort6a6or in and to any wch abtracb of tide shall paas to t6e pnrchaeer or 6rantee.
4. 'To the e~tent of the indebtedae~s of the Mort6a~or to the Mort6aaee de~cribed herein or secnred hereby,
che 1?ia~caa6re is 6enb~ subro~ated to the lien or lieas aad to the ri~Lts of the o~~-ners and holders ihereo[ of eac6
and every mort6aae, lien or other incumbraaoe oa the land described herein which is paid and/or satis6ed, in w6ole
or in part, out o[ the prooeeds of the loan described Lerein or secured hereby, and the respective liens of said mort-
gag~s, liens or other incumbranoa. ahall be and tbe same and each o( them hereb} is preserved and shall pa~ to aad
be held b~ the Mort6a~ee hetein as security for the indebtednes~ to the 111ostgagee herein described or henby ~eatred,
to tl~e same e:tent t6at it No~ld h:re beea pre~erved and would har•e I~eta paased to and been held by the Mortaasee -
I~ad it beea duly and re~ul~dy aseig~cd, trana[erred, set over, and delivered ui~to the Mortgaaee by separate deed of
a.4eigunent, notwit~utandin6 the fact that the same may be satisfied and cancelkd of record, it beina tbe intention aE the
~?arties l~er+eto that t6e same will be iatisfied and canoelled oi record by the holdera thereor at or about the tiale of
the rrcordin6 of this mortaa6e. ~
S. In tbe evmt the ownenhip of the mortaaaed prar+ixs. oc any part tliereof, becomes veated in a penon other
than tlie Mortgaaor, the'_1iort6agee ~may, without notice to the Mort6agor, deal with wch aucoessor or auaxason in ,
intereRt Mith re[ereace to this deed and the debt henby ~ecund, in the eame manner ss with the Mortaa~or without `
in any wsr ~itiatin6 or dischar6ing the Mortaa6or's liability henunder or upon the debt hereby eecured. No sale of ~
tlie pr~n~isd~ herebp mort~sged and no torbearance on the part of the '_1~ortga6ee, and no extension of the time for the ~
~~ayment of t6e debt hee~ebj ~ie+ed given by the Mortsaaee ~hall operate to release. diecl~arae, modify, chan6e or al[ect
tl~e ori~inal liabilit~ of the Mort6w~or herein either in ~rhde or in put.
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The Gen of thu deed ~ecurta and ~hall oontiaae to ~ecn~+e pa~meat of said indebtednese or indebtedneN, #
1?owe.er evideaoed, w6ether bp said promi~sory note or aap renewal or cztension thereof or substitute t6erefor, or ;
otiierwise, nntil .all sach indebtedneas shall have beee fallr paid. ~
~ T. I» tlre ev~nt the mortgagors ult, convry or trans(~r the mortgoged premises during the life o/ tleis mortgnge, ~
{ tl~en this mortgnge shell, at the oplion of the 1ltortgagee )terein, Gecom~ imme~liately due and payablt for the full sum o/ ;
~ tlre principnl bnlance and lnterest then dut. +
i 8. T6e ternu "Mortaasor° and "Mortaa6eee" whesever u~ed in thi~ instrumeat shall inclnde the hein,pe noaal
~ repre~entativd, woeessors and asap~s a[ the raspective putid hereta ~/l~erever nsed t6e Einanlar nnmber ehall 'mclnde _ ~
the plnral and the plural the sinanlar, snd the we of any ~ender ~6a11 include a116enders. :
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Si~ned, sealcd and deGvered in tLe p~eaenoe of: - Lt..-----.-.--•-----.....~-----~------ $s~[,) I
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STATE OF FIARIDA -
COUNTY OF~ ~ ~
ST. I~ITT ,
Before se pe.eso.ali' appeared JAISB.S L. BAY&S and MA.8TE11 8. BAYS3, hie ~e,
to se ~reU koo~vw and tna~ra to ie to ba tbe iadividaals de~ibed ia and ~rho aeeated tbe fee+edoina ia~troa~eat, ~nd
aclcnow3ai~ed be[ore a~e that tLey e:earted t6e s~me [or tbe purpwe~ t6enia ezpreMeeL q1TNBSS m~ t.~nd aad
~ ~d .e.t ° the Connq snd Sate lart a[ore~aid tiw 15th day of April, 1966.
NA?~ R. AVE;<Y
NOTtiRY PUBUC. STATE of FILRIDA at LAP.GE ~
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. MY COMHISSION EXPIRES IUNE 30. 1967 ~
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My Comm~.~ioa E~cpu+es: Ce -•G-~---.-----••--•------••----•-----. Naarr Pabi,., State d ,
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FI ~l~ 0 REC RDE~ • -t ~ ~ :
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'G6 APR 2 5 P~i 2 5
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14468'7 ~oK~43 54? ~
ROGEft °Oi~::~a5, CLERK _ . f
ST. LUCIE COUNTY,
FLORIDA
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