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Z T6e Mart~~ee mar, at Li~ optipy asd ~rltbo~rt wd ' bis ri66t to aooetecate tLe iadebtedneM Lee+eb~
.ecue~ed sdd a foe~ecla.e t6s ,a,.e. pa~? eitber before oc ait~er ~q~eocr a. or all o[ tha.e ownaia obliaatioa.
reqdi~
~b~~~ ts be paid the M [oe t6e e~ota~ioa of ~
hee+eb~ ~ew~+ea. wm~ ~o p °'O~~° aecuciq or for t6e oollea
~.doed or p~id br ~6e ~[o~ .h.U be ~h.r~ed ~.~o ehe
mortaa6s aooonnt aad beoase aa inte~l patt tLereof, aobja:t ia ~Il ~ to t6e tera», conditioia, ana cs~reoaab
of t6e a[ore~aid pr~ominaon aote, as~ t6is r~a~e~, a~ ~all~ aad a t6s same e:twt as thouah a part a[ t6e oriai~al
iadebtedsa~ evidenoed by said no1~e sad ~eaiavrod bj this a~urt~ exoeptin~ however. that said wuu shali be repaid
~o
~e . foct6with npoa ia dea?aad aad be in additiou to t6e reaular manthly installmeab provided b~ tLe
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_ 3. Tbat t6e ab~tract or abstracb of tttZe cdveriu6 tde property sluill at all timey dnna~ t6e life o[
thi~ ~ t+anain ia poMasiaa of t6e Mort~a~ee aad ia eveat tLe foreclowre d this mo or ot6et traoefu
of title to mort6~~ed Propeety iu esdnaui~6ment of t6e indebtedna, aeau+ed 6enby. all n~y dck an~ intee+est
of t6e Mo~or ia and t~ aa~ N.ch ab~ttai.i~ af title ~6aU paM to t6e pnrcha~er or ~aatee.
4. To tLe ezteat aE t`e iadebtedseM af t6e Mor~~o~ to tbe Mort6a~ee de~cribed hereia or ~ured berc`bi, .
tbe Moct~a~ee i~ L~ee~e~brw~b~o~
tai to tLe lies or lieo~ and to the ri~6ts of the w?-aen and holder~ tLee+eof of et~
aad e+eq? a~e. tiea or et6er isa~mbraeoe oa tbe lsad de~cribed herein wl~ich is paid and/or sati+~6ed, i~ ~?6ole
or i~ aet, oat of the peooeeds af t6e loan de~eribed ~ei~ o: ~ecnred heenb~, and t6a respecti~e Geos d pid a~o~t.
p a a6er i~a~e~b ecn
tie~ ranoa~ ~6aH be a~d t6e ~aoe asd each o[ t6em l~eseby a pr~erved and ~6-a11 pa~s to aad
be heW bp t6e Mort~ee hee+ein as ~ewrit~ toe tbe ~ tu tb~ Mortaa~ee henein de~cribed or he~b~ ~ewred, '
to t6e sawe erieat t6wt it wronld Lare been pre~er?ed and ~nould 6ave l.eea paMed to aad been held by the ~ort~a~ee ~
had it beea dnll ~~~~~+~ulaelr a~ai~ued. trawfetred. ~et mror, and deliveeed uuto t6e Mortaaaee by ~epante deed of
~aai~nment. notwi ~dic~ tbe fact tl,at the same ma~ be ~atafied and caaeeDed of eeoo~d, it beina t6e iateation o[ t1~e
parties bee~eto that ttie ~aine ~rill be sztis~ed atd caaoeDed of ncord bs tbe 6olden thereof at or about t6e tine of
the reoo~dioa of tl~ ~e.
S.~ Is tbe ermt the dwne~ship of t6e mortp~ed pe~eiaisc~. or any part tLereof, becomes vested in a penoa ot6~
than t6e Moctda~, the !i ~ee ~mar, ~rit6ont aotica to t6e Mort~or, deal ~rit6 a~c6 sueaMOr or saoocMOe+s ia
iatereat with retereuoe to thi~deed and the debt hereb~ ~ecnred, in the same manner as Mritl~ the Mo a;or ~rithout
in anp ~rar ritiatina or di~c6ar6in6 tLe - Mortp~'~ Wbility benunder or upou t6e debt hereb~ ~ecur
d. No saie d
tl~ premises ~mostsa~ed and no for6esranoe on tLe part of the ~'[ortsa6ee, and no extension of the time for the
paymeat ot the hee~eby Nent+ed ~ires b~ t6e Moetaa~ee ~hall operate to relea~e, dischar~e, modify. chaa~e oe ateet
the oriainal Wbilitp oE tbe Mort~a~or 6erein eit6er ia v?baie er in paet.
b. The lim of tIw deed ~ecne+e~ aad ahaU ooati~ne to ~earre payment of said indebte~nea~ oc iadebted~ew,
liowever evidenoed, whet6er bp said proo~iMOtp note or a~? naCrd or e:teo~ion tirereof or wbstitnte the~+efot, or
otherwi~e, ~mtil all wch iadrbtedaew ~6a11 ha~e beea [nll~ paid.
T. In the eritnt tht mortgagors u11, convry or trans/er the mortgaged p~emists during tht lije of this mortgage,
' ~h~n this mortgage shnll, at the option of the Mortgag~t h~rein, btcomt immediatcly dut and f~ayablt for tht full sum of
~ the principol bnlonce and entenst then dut. -
u
a. The t~ru~t "Mort6a~^ and "Moct;a~ee" ~rbeaever o~ed in t6is instrumeat sLall inclade the hein, t
repraientativd, mooeswn aud a~a~os o[ the resgective pattie~ 6enta ~hee+erer used t6e sin6nlar nnmber sLal inclnde ~
tl~e plnral and t6e plural t6e daaalu, and the we of any ~ender shall indgde aU ~eaderr. '
4 {
~ Si6oed, ~eakd and delivered in tLe pe+eseaoe af: (~L)
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STATE OF FLORIDA '
COUNTY OF~ ~
3T. I+II . -
Bet~+e me y aPPeared C$AS1S:S SP/1~1[ sad 8DBS8 SP11~, hia wb,
to me well and l~ao~ra to ~e to be tLe iadiridaab dacribed in and ~r6o executed the fore~oin6 ia~tsameat, and ~
acknawled~ed ore me t6at t6e~ ezeeuted t6e same [or t6e purpo~es t6ee+e~a ~p pITNF.S3 my hand and
oicial .ea! ia tbe Connq aad State L.c aforaaid t6i. 3rd o! Jua~, 66
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' • MI ION EXPIRES IUHE 3Q, 19i~ NOta Pub SLtE o( ~
My Coa~mi.don Facpire.~. • . .
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FtLED AND RECORDED j:.. ~p. :
ST. LUCtE COUN7Y. FLA• d'(y ~'~~r F-
RECORO VE IEO - ~ p," ~
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'uo Jf!!. I I AM ~C • - -
146"?'S9
:to~::r F-~~~kr.s
CLERK CIRCUIT COURT g00K150 t~ °
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