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M.e~pp~. I~ ere~1 ~f foreelwu~e of ~6u iaorlRaRc ~~ti~er 1r~fw ~f titk t~ the rettp~ N~4e~tr in ealieR~iahmee~ at dK i~e?1•
edaw ~ec~rcd 6crebr. dl tixht. tilk ~ad iulereN ~f ti?e Alort~K iw a~d t~ wr iwwraec~e ~slt~ie~ thew iw t~r~c alul) pw t• 1?e
~YKbNf~ K aYIK.
1`1 To pee(~ e~p17 Mi~b awd ~?ide br ae6 a~d evehr tse ~tiNl~tiw~ a~r~s, cwaitiNw aad c~vcw~wa is aid pr~enisNr~
n~te ~ud iw t~ ietd ~e1 (~t11~.
(i) Tlut it Mr ~f ~aia ~ww ~f m~we~ ~ercie refctreJ b `t Mt ~~t!T a~ trllr ~aiJ ~ritJuw !lttrew ~r ~eat
dte~ tbe wwe ~arcnllr beeee~ dre ~wd MYable. ~r jt ~~wi ~req 1Y ~tipebuw. ai~eeweau. e~adqiw u~ ~•v~a~w wid
V~~~1 ~ Nd t?i~ dcsd, ~c ei~beq ue w~t frll Mt~~nMi. tMa~1W ~ a~ a?id~ b7. t`c Ni~ aktepte •w~ ~newti~wed 'u
riJ prsmiwr~ ~e ~lul) beeaae d„e ,na t.yabk ~.~wi~? w tMn~tNr ~t tl~e o~ti~a d t~e Mertptee a~ tdl~ ~Ad r~mPlt!!Ir Y
it tbe ~sia ~ pb ~~uu ot ~aid ~owis~y wNe .rN ~rip~allr ~ti~IM~ t~ be o~d ~w ~ d~y. ~n~iw~ i~ aia phwi~M Na
n
o~ hereiw t~ esMnry wetwitlut~ndin~.
1 j 1 1'hai ia or~e? scrderate the eutdrilr sl ~be iadebteier I~ereb~ NcYred, beeawe d the t~il~rt ef 1be Y~etp~ t~ py q~ i
ax. wc~uneati lis?ilit~~ ~61iRNiN ~e en~wndne.-e ~p~w wid ~~~etr. r l~ersiw ~~vided. it ~ball oet be neeewn K erq~i~ite tlyt ~
~bc u~ert~taRK ~11 tint ps~ t!K auae. ~
2 Tl~e :1lort~ce ~nay. at hia optioa. aad without wsiv~' lw riabt to aooelerate the indebtcdna~ hereby ~
~ecured and io [orecla~e ihe ~ame, par either beEoce ot after deliaquctNCy any or all uf tho~e oertain obli6ationa i
ceqai~+ed by the tecm~ hereof' to 6e paid by the Mortpaar for t6e pcotectioa of the n~ortaaae security.or for thc oollea
tion of the indebtedaa~ hereby ~ecured. Alt sumr w+~dvanxd or pa;d by el,e Moccaa~e .h,11 be charaed iato 16e
mort6age account aad berome an intea~al part t6ereof, aubject ia ~t! e+e~pecta to the ternu. c~dition~, aad ~oveaanL~
of 1he aforesaid Promiawry note. aad tlw mart~a~e, a~ [dlr and to tib wa~e e.~teat u tiwu6h a part o[ the ori6iaal
indebtedne~s e~-idenccd by said note and secared by tLis mortsay~e. exoeptio6 huwever. that said sums ~hali be repaid
ti~e Mort~aace forthvrith upoa its deniand~ aad be io addition to the rtaular moathly in~bllmeab providc~l by the
~nortR~ge aote. -
3. T6at tl~e abNtract or abatraeb of title coverin6 the mostsa6ed property slialt at yll time4 durina the life o[
this enortga 6e~ remain in pwse~sioa of the Mort~aaee and iai cvent o~ the foreclasure at thie mort6a6e or other trawfer
of title t~ thc n~origaged propert~ in cxun6uuh~nent of the indebtedaess ~ecuc~d lureby. al) right, title and interest
of the 11Yort~a6or in and to aay auch ab~ttacts of title ahall pass to tbe p~~rcharer or Srantce.
4. T~o ihe extwi of t6e indebtedaea~ oF ihe Mort~or to the Martaasee de~crihed herein or secund 6ereby~
the 1liortga~e iu hercby wbro~ated to the liea or liau and to the ri6hts of thc o~.nen and • holden thereof of each
and ev~cy mort6a~e. lien or other idcumbranee on tlk land de~cribe~i 1uc~ein ~?hich is paid and/or satis6ed, in wbole
or ia part, out o[ tt~ proceeds of t6e loan de~cribed bet+ein or ~ecoe~ed hereby~ aad tl~e r,especlire licns of said mort-
sa6es, liew or adier iucumbranoa. s6a11 be aad t6e ~ame aad each of them hereb~ u ~?reserved aad shaU paM to and
be held b~ the Mort6a6ee herein a~ security for the iadebtedne~ to the lli~rt~aaee hert;n dexribed or heteby ~ecured.
to twe same extent that it Mould have heca pre~erved and would hsve hccn parcd to abd been ~eld by the Mortaa6ee ~
had it been dul~ and re~ularly aasi~ied. iranafe~red, aet orer. ai~d delivered u~ito ehe Mo»s,aex by se~~arate deed of ~
:uu+i~n~ncnt, not~vitiutandins the fact that t6e sa~ne m~y bc sztisfied and canoelkd o[ record, it bein6 thc intentiod of the
~~arties hereto that the same will be ~atu&ed and caaoelled oi rccord b~ t6e holdeos thereof at or about the time of ;
thc rrcordinK of t1w mortKa~e.
i
S. In the eve~lt the ownerehip oi t6e mortaaaed premisc~. or au~ part tl~ereof~ becomes vested in a pcnon othet '
than tl~e MortRa~or, the ~1ortRagee may, witho~tt aotiot to 15e Mortaa~or. deal with ~uch succea~or or succe~son ia
i~itereat ~+~th r+efcrence to thiR dced aad the debt Irerebr aecured. in the +san~e manner as with the Mort~~~or without
in an~ way ~-itiatin~ or discharpinR ttk !1iortRsRor'~ liabilit~ hereunder or upon the deb~ hcr+~br .e~,red. No sale of
tl~c p~n~iee~ 1~ee~eb~ mort 6a~r~l and ne ~orbcarsnce on d~e pact ot the Nort~aqee. and no extension of the time for the
payneent of the debt )Krr.b~ ~~~~d by ~l~ Mor~aaaee .t~ll ope~t~ eo .~ek..~, discl~ar~ modi~y, chanKe or alFect
Ihe ori~inal liabilit~ ot the MortRw~or henin either in ~rhole or in part.
6. Tl~~ lien ol' thie dec~ secures and shall cattiaoe to ~ecur~e paymeat of said indebtedne~.+ or indebtednes~. i
I~owe~er evidenced, whcther by said promissary note or a~+ re~.newal or exten~ion thereof or ~ubstitute therefor~ or ;
otleerwiee, until all such in~i~htr.iaea, ~hall have been lqll~ paid.
Z In tl~P r;~rnl ?hc ~~tnrl~n~nrs srll, ~u~iney or trans/tr lht morfgngtd rir~misc.s dr~rrn~ tlrc tiJc nJ Ilris »iorlya.tt,
th~n this nrnrt~a~P shRlt. nl NrP uptr~~n oJ t/rP AforlRa~Pe htrein, I,ec~me ~mmPdin~ely duc nird paya6le Jor tl~e full sum of F
tl~e principnl bnlnn~~ nied i?~leresl t1~tn due.
8. The terma °Mortga~or" and "Mott6a6ee" wr6eaever u~ed in thia iostrumcnt sl~all includc the heirs, penonal
~rpre~entatives, succeaaon and assi~ of the respective padid hereta Wherever ueed the einRul~r aumber shall include
the plural and the plu~al the ~inRvlar, and the use of aay ~ender s6ali inelude at1 Readers.
~
Si~ned. eealed and delive in thc resence of : ~/N~~!W D ~'~L ~
(Se~.)
L~C„~...., u~ - `~l~~L~'~''y~~'c:~V'`-~~ ~ (Se,?~.~
.
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STATE OF F1..ORWA ,
(:OU!YTY OF D~ 4
ST. I~CI#
Hefore•n~e pereonallv appeared BITG~TE G. GHISdT~ slao ]a`o~+n ss E. G. GH~IT snd I~AMIE CH~TT~ hfs
to tae well known and known to me to be the individuab dacribed in and who exceutcd the foreaoin6 inatru~meat, a~a fe, =
: ckaowledRed before me that they executed tbe sau~e (or t6e purpaes t6e~in e:preued. ~ITNES~ mr hand and
ofcial ~ea! in the County and State la~t afore~aid tiw 23rd d~ of Septe~aber 66.
f`ARL R. A'iE~Y ~i~~~ - ~`~rt~'•.
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ROTl:RY PUBLlC. ST:+TE cf ilC,=;!U.~ at LARGE , i
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. MY C0:'.',.'dISSiG'i EXPtRCS /UME 30. 1967 • ~ =
M~• ('.ommi~sioo E: ~res: - : f
P - Not~ry Public, St~te of ' ' . ' ~ . : : : '
FILEO AND RECORDED •
=y'
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ST. LUCIE COUNTY. fLA. ` ~
RE 4 D ~~ERlFIED ` ~ ; : '
/.~~~~~H~ r~J • ~ } ( ` ~.~~`C?
OCT I 7 PM I: 3~
1~~~60
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=,o~;~~ ~o~T~,~s ~ R 15! PAGE 1C4
CLERK CIRCUIT COURT 600K ~
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