HomeMy WebLinkAbout2320 • ~ Our file #1-13,?61
l[«tp~e L~rw t~cl~e .1 t?i~ aNCtp~s .r ~ tr~ter ~t tltl~ a ti~ Melp~si~e~t~ 1~ aatl~~.i~ha.wt .t ~e uieM~
~i~w a~e~er1 Mer?~. all d~1. dtM ~ni ine~e.t ~t t6e M~~K ~w a~i t~ ~ iwrsiw p~lkia t4ea L l~rce ~b.Y
Me~eiwr K ~erMR pw a IM
tti~ r. r~t«.. ~4 ..i .u~. b .«r ..i ~ .~«~~.b. ~u... ..a ~..~.e. y
w~ts ai 1. tW iMi «e r«tr.
(i) T~at if w~t Nii a~r ~t wr~ Mrel~ retarei u M Nt~~ a~i trtl Mii ~ tftteea i~ wt
attee tie wM ~nU~ bee~~ ~~i ~~a?1~, w it wei ari iwqr dr ~w. a~~. ewditi~ a~i a~e~ws ~f wfa
Ps~~f Ma a~i 1ili~ ie~i. ~r eit~er. aro! Mt f~Ur P~«~. ~ll~ a~ aW~i `7. tLs ~si~ a~p~pb sr aewti~i i~
~d p~riwc~ MM ~Il b~e~ dw d P~7a~le (~et`~+id~ K t6ee~eatac at t6e op~i.~ .i tLe Dlatp~ a~ tdly ua e~..pletel~ a~
it tlw aii ~~aiM~i~~K~iwe~ ~Ne rra~ ~ip~llr ~tipd~tei t~ be wid ~ wer d~T. a~ytiiy i~ wi~ Mwiwe~ MN
~r 6eni~ t~
l3) 1Lat ~ Kiir t~ ~eedwra ttis ~at~ ~t ~6e i~e~ei.er 6eceb~ ~ewrei. ba.we .t ~be tail~u~e ~t 1V jt«~ppr u My w
~4. ~M~dN K e~e~w~easoe rpN ~ai~ N+P~7. r~~nvide~. it ~6~11 Nt ?e aec~ar~ K e~i~ia t1~t
the m~ya~ee ~d! int ~q ae ~wa
2. T6e Mart~~ee ma~, at hi~ optio~. aal vritboat waiv~n~ his riaht to aooelente tbe indebtedner Lereb~
~ecue+ed aad to foe+e~clo~e t6s ~ave, M7 eit6er before or Jter deliaq~eocy aa or aU of thae oertaia obliaatiao~
reqoired b~ t6e t~eran bee+ea~f to be paid br ~t~6e M for tbe pe+otectioa ot ~ mwtsaae aecurity or [or tbe oollea
don at t6e iod~b~edne.. l.~r~eb~ .e~ured. ~l1 wm.~.a~oed or p.id br cbe Mo~.~ .6•11 be ,.~o t6e
mortpae soooant sad beooese as intesral part tLee~eot, w~bject ia aU t+apech to ihe term~, eondition~,~anad
eorananta ~
of tl~e a[oe~esaid pramw~.oc~ note, aad thi~ wrt~a~ a~ fall~ and to t6e wne exteat u tha.ah a put o[ the oriainal
indebted~s evideneed by said note and a~ad~e~ed br dw a~octda~e, exoeptin6 6owever, that said wms sLall be npud
tLe Mert~~ee fort6with npoa ib de~uaad and be in additioa to t6e re u mont6l installmeab ronided b t6e ~
~ P ~
~nortp~e, aote.
3. T6at t6e ab~tract o~ abtracts of title ooverina the mort~~ed Propert~ sLall at all time~, d~n~ t6e lite of
this mottda~ remaiH ia poMeMioa of t6e Mortaa~ee and in evcnt of t6e foreclo~ure af tLi~ mo or other tramtet
i
of t6e M
toct
~e~or~ tps~~ b.a~act.~'i~
o~atie t~nd~nn p~[
~r'~~, t, title .aa intee~t
:
4. To tbe e:taot of tbe indebtedne~ of t6e Mort~or to t6e ~ortaa~ee de~cribed herein or ~ecured Lenb~r,
tbe ~ia~edag~e i~ beeebp ted to the liea or liens and to t6e ria6b at t6e a~?~en and holden thereo[ of eac6
~a ~ ~ « ~ ~ ~a a~~a u pua ~a~~ .~~;.s~a,
or is part, oat of tLe prooeeds af t6e loan de~cribed heraia ~ aecne+ed Lerebr, aod the reM,ecti~e lica~ of ~aid mort ,
6aae~, Lms ar ott~er iacombraooa, ~all be and e6e same aad eac6 of them 6e~eby is pre~erved and .L~all ea~s to and
be held bT t6e Mort6a~ee 6enia as ~ecurit~ for ihe indebtednea~ to the Mort~a~ee herein described or henb~ ~eazr~ed,
~o ~a.~ ~.t lt .~~a ~.e ~ p~.~:ea ~a ..~a e.~~ ~ pswed to and beeu held by the Mort~ee
had it beea du17.~~~~~7 ~6~+ tr~e+~'~• ~ deli.eraa uuto t6e Mortaaaee by ~eparate deed of
aeei~nt. notw+i tbe fact tlut tLe ~ame ma~ be atis6ed and caecelled of reoord, it bein6 the intention of t6e
parti~s Lento tlut tbe u~e wrill be swti~6ed asd ea~oeUed of ~~eeacd bf t6e holden thac~eof at or abont t6e tiaie of
thc r~coedin6 of tLi~ awrtaaae.
S. ~a the ereat the o+voee,~hip of the moztaaaed premisea, or any part t6ereaf, becomes veated in a penon ot6er
than the Mortaapr, the ~'I ma~, Mrithoat notioe to t6e Mortaaaor, deal with wch succe~sor or woowois ia
iatereat M-ith refee~enca to t6u'~d and t6e debt I~ereb Mcnred, in t6e same manner as with the Mortaa6or witLont
in anp ~r~y vitiatin6 or di~c6aryyina t6e Mortaa6or'~ tia~t~ 6e~+eunder or upon the debt hereby ~ecnred. No sale of
thc pramises heer.` neortaa~ed and no forbearanoc oa tbe put of t6e '-.Ylortas6eeee, and no extcnsion of the time for tLe ~
rt s
paymmt of the 6erebp ~ec~ired prea br t6e Mortaaaee ~hall operate to relea~e, diachar~e, modify, chanae or a~ect
the ori~inal l~abilitj of t6e Mort~asor hee~ein eit6er in ~rVo{e or in put,
6~ 1~e liea af this deed ~ecard and ~hall eoatiaoe to ~ecare pxymeat of said indebtedncas or indebiedad~,
i~owe~er evideaoed, w6et6er by ~aid prumiMOr~ eote or aa~ c~eaewa] or e~tendoa t6ereof or wbtitute t6ercfor, or
otherMri~e, nntil all such indebtedaea~ ~6a11 6a.e beea [allr aid. ~
7. In the event th~ mortgagors stH, con~~Yf~s~~~o~~~~n~d~g'fA'e~~e
j~his morlgage, '
' then this mortgagt shall, at tke option of the M~~e~,~~~~~~j~a~~~ the full sum of -
I th~ princip~l boJanct and inttr~st then dut. . ~
5 9~3 - -
_ to hgr, w~th accrt~ed ~nte test..~
8. T6e tern4s "Mortaa~os^ and "Mort zn tIw instrumeat su Il in lave the hein,pc
tsonal
repra+eatativa, wooeswra and ae~ipr af the rY~Ri ~~r ahall 'melude
the plaral and the plunl tLe sin6ular, and the,q~,~a~~~~~_~~od.r._~d s
J~-IiiWT9 ~
. i
Si6aed, ~ealed and ' p oe of: ..~~,y~G~----~~~~eC.~.~-.------------- S~ ,
~ )
- - - - - - - -
STATE OF FWRIDA ~
COUNTY OF ~~AY
Be7ore
~
pe8 lly appeared ~LBA YALLACE , an uaatarri ed vonaa ~ '
to me well knmvn aad knawa to a~e to be t6e individuaL deacribed in and ~rho ezecuted t6e fore6oin6 in~trumeat, and
acknowled6cd befoe+e me t6at tLey eiecuted t}re ~ame [or the purpo~es thereia esprewed. WITNESS my hand and
oicial ~ea! in t6e Connty and Sta~e la.t sforeaaid this 22nd dsy of J , t 9 66 .
i
NARL R. AVERY ~
, .
NOTARY PUBUC. STATE of FLORIDA ~t LARGE -
~ , ~i •~`j~ ; ~~i
MY COMMiSSION EXPIRES JUNE 30. 1967 . ~
. ~
My ('.ommiwion Ezpire~: Not~rr Pnblic, State uf • ~''-Gi
~---~-------COUN , _ ,
RECOFtOEe ~ - r ~ ~ '
FILE ANO TY. ~ ` ~ ~ , : c : i
ST. LUCIE VERIF~ED ` . ~
R CORO , . _
i' ~ • •~~.C' ~
~ ~ Z p~ ,2 : 2 - i
66 . . . . ' .
14'~33~
K ?OITRt~S
CLERK C1RCUiT COUR7 0 R
BooK 151 : 519
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