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7L.t iw ..i~ e..ca~a.~e die a~aaeiq .t eie iadebteia. Luebr ~ea~red. b«awe .t tLe t.U~ue ~L. Y.nispr t• wr w k
tac. aw.~nne~t. li~1i4.~~ w~t e~ew~braa~s rpw s~ia ~e+psrtr. ~ luoeiw pc~vidc~ it ~LaU a~t be seoeMaq K raqrisite tWt
the n~t~see ~11 int p~~ t& aoa
2. T6e ~ortaa~ee ma~, at Li~ optioe, and wttho~t waiv~'n~ his riaht to aooelente the iade~tedne~s hereb~
secured and to foe~eclae t6e same, par eit6er be[oce or after deliaqueoc~ aar or all ot thwe certain obli~ationa
reqoired b~ t6e term~ he~+eof to be paid by the M~ for t6e pentection of the mortgaae securitp or [or t6e colleo~
aon of t6e indebc~daa. Leeebr .ecured. Al1 w,n..o advanoed or paid by the Mortaagoe ehaU be charsed ina t6~e
naortaage acconnt aad beoome an inte6ral part t6ereof, aubject in xll nspeca to the term~, conditions, and oovenanta ~
of the ato~aid perwi~MOCr note, aad this m~ a~ IaU~ and to the ~ame acteat u thouah s pArt of the ~ri~aal
indebtedneN e~-ideuoed by said note and ~ecured ~ thi~ mortsa~e, exoeptin6 however, ilut said suma shall be repaid
the Mostaa~ee forthwit6 upoa ia demaad and be in additioa to the naular nioathly insalLnen~ prorided by the ~
~nortp~e note.
3. T6at tlre abstract or sbstracts of title ooverin6 tl~e mort~s6ed property sliall at all timea, durin the life of
tlw mort~a~e, remain in powa~ion of t6e Mortaaaee snd in event ot the foreclosure o[ this mort aae or o~ tramder
of title to tbe mortaaaed Property in estinauish~nent of t6e indebtednees secured hereby, all ri~t, tide and interest
o[ tLe ~ort~or in and to aay N.c6 abstracb of tide ~hall pass to t6e p~irchaser or sraatee.
4. 'Io the extent ~f the indebtednas oE t6e Mo~
or to the Mort6a6ee de~cribcd 6er~in or secured Lereby,
t6e biortaa~c.+e i~ hcrcbf wbro~ated to t6e liea or Geos and to the riahta of the o~~-ners and holders the~+eo[ o[ each
and eoery a~ortaaae. lien or other incambrawoe on t6e lana dexribe~l herei4 Nhich is paid and/or aatieGed, in w6ole
or in part, out of the prooeeds of t6e loan de~cribed herein or secu~+ed hereby, and the re~ective liens o[ said mort- ~
~es, lieas or other incumbranrw, ~6a11 be and tl~e aame and each of them hereby is preeerved and ah~all pa~s to and
be hcld b~ t6e Mortaa6ee herein as security for the indebtednes~ to the biortgagee henin describcd or herebj ~ea~rexi,
to the same ezteat that it v?onld have becn pee+er~ed and would ha~e heen pae~ed :o and bcen held by the Mort~ee
had it been dul~ and ady sasi~ed, transfer~+ed, set over, aud deli~ered uuto tLe Mortaa6ce by ~eparate deed of
~.+ai~ment, notwiill~~ the faM that t6e same may be aatisfied and csncelled o[ secord, it beiug the intention of the
~~arties hento that the saa~e ~rill be satis&ed and canceUed of record b~ the holden ther~eof at or about the time of
the r~eeozdina of this mort;aae.
S. Ia tbe eveat the o~rnenhip of the mortaa~ed pnmi~es, or any part tliereof. becomes veatcd ip a penon othu
tfian ilre Mortaaaoor,l6e ~io ~ee ~may, ~+ithout notioe to the Mort6aaor, deal with such suceasor or suceason in
i~itereat ~cith referaiee to t~deai and t6e debt 6erebr ~red, in tl~e same manner as with the Mortgaaor withoai
iu anv way vitiarinE a di~e4arain6 t6e Mort~sor's liability hereunder or upou the dcbt hereby secured. No wle of
tlie p~misea he~+eLy nwrts,a6ed and no forbearance on the put oC the '_1lortgaRee, and no exteasion of the time for the :
paymwt of the debt 6ereb~ aecund aivea by the Mort~,ra~ shall operate to relea~e. discliar~e, modify, chan~e or alfect ;
the ori~inal liabilit~ of the Mort6a~or herein eit6er in ~rhde or in pact. t
fi. The liea ot this deed ~ecures and slull contiane to ~ecure pAymeat of aaid iadebtedneae or indebtednew, ~
1?owe~er evideaoed, M?6et6er by wd promis~otp note or a~? renewal or eriension tLereof or snbstitute therrlot, or
oti~erwise, antil alt mch indebtedneas s6all have been lnlh paid. ;
' T. In the eve»t th~ mor~gagors ull, com?ry or transftr the mortgagtd prtmises dttring the li(~ oj t)iis morf~?age. ~
i rHcn this mortgage shall, at the option of tht 1Nortgog~e herein, Gecomc rmmedintely duc and payable for t1u full sum of ~
~ tlre principal balnnct nnd interese then dut.
a. The terms °~Niortaaaor" and "Mort6a~ee" ~r6enever used in t~w iostrumgnt al~all include the hein,pe reonal
rcprd~ntativd, azeoe~ors aad aisi~s d the reapective parties hereta ~/herever used t6e sinanlar number shall 'mclude .
the plaral and the plural the ~in6ul~r, ~nd the u.e of ~y ~od~r ~ll ;~el~de ~116eader.. ~
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Si6ne~i, ~ealed and delive in tLe prtieace of: . - ( )
- - - Sa~?r.
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STATE OF FIARIDA ' t
COUNTY OF~ ~
B~[ore a~'P~h' ~PP~ ~LD b. uDEBS~I and D080i'HY JSA~ AiD~S~, hia vif~, ~
to me well keo~?~ asd kae~w~ to ae to be t6e individaals de~cribe~ in and ~r6o ~aarted t6e fore~oin6 in~tra~eat, ~nd '
~ aclcso~rled~ed beto~e ~e t6at ther e~ccee~ted the ~ame fur the purpose~ thenio ezprered. ~ITNESS mr lund aad
; oiaid .eai is the Cou¦t~ and Sace last afordaid t1~ lOtb day of Jnne, 1 . ~
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NARL R. AVERY ~
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w aww~ ExriRES lu.1t 30, iesl .
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My Com~ni.aoi Expira:. ~ Noc.rr Pubhe, Staee d Florida
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FILEB AN8 RECO_l~QE~ _ - ~ G :
ST. LUCIE COUNTY. F~:A. : ~ -
RECOR~ VERIFIEQ ~ • • ~ •r ' '
_ . _~~.~..~0 1464' 81 - . ; . ~ ~
- 'oo J~~=', 27 Pi~l ~ : 48 ~
ao~ 149 2~.4 ~
~:Q;,~F= rO1TRAS _ _ _ .
CLERK ClFtCU1T COURT ~ ~
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