HomeMy WebLinkAbout0039 NHtppr. la t~ewt ~f tKecl«~rc yt ~bi~ ~awt~~c w etl~t~ trw+~far ~ tit{e l~ tlis ur~Ap~ PrN~e~tf i~ ~aliw~i~w~c~1 d ~in ~MIe~1. ~
e~iaer ~et~rsJ ~e~r6~. all ~it1~1. li~M ~w~ ~utrreM ~f ~ie Mett u
~rerrwr +r p~e sM•~ i~ a~d M~ iwwnwce ~.I~~ia ~4w :a ~~e .A.11 p.~ i• ~
l?! T~ ~at~+~. e~P~7 r+itb uJ a?i~e b~ e~cA wi eveq tbe ~ti~l~tiw. a~rwwe~u, e~wditiew ~w~ c~vcw~rw ai/ p«wiw~~
Mtt ~wd iw tlw Aeed ~et t~rtf~.
(il '~t it wf af ~iJ ~wws d a~~wey ~ersiw re(errcJ t~ N w~t ~t++wp! a~ frll~ ~air ~rilluw l1t1*cu ~~n ~eat
dter ~l+t ss:~s ~evcnil~ bccon~ dre ~wd p~~We. K it wA u~ ~req ~~tiwlNiw~ ~~sccw~eet~. ~.a.l~~i.w~ ud ~~.~w~ww ~f w~
P~ww~r~ Nu N~ s?i~ d~ed. ~t eitbe~, ue a~t fall~r Mef~w~. e~nyti~ wit~ wd ~bi~ i~, t~e wi1 a~repte •cw rwtsti~wtJ ia
•n ~
a~iJ pr~in~ry wN~ ,~11 be~~wae d~e ind p~T~{e (ieli~wiJ~ K~eratt~ ~t tbt epiN d the Msrt~t+~es ~ fsllr awd ~~mple~slr ~
if ~I~e ~ai+ •p~e wtt ~n~a ot .~ia prwawer: Nte ~rM wipwalb ~tiwlM~i t~ ~e arid M wr6 rs~. aw~t?i~~ w1 K~i~~ ssM
s~ heeti~ t~ tl~e csMtuY a~twitlWytdia~.
1 j I?hd in ~rJer melera~r the matvi~~ si tM indebteie~ Ircre?r ~ecureJ. l.ecawe d lhe faii~rc ef 1Le M~ttp~~t t~ p~ y~ ~
t¦:. srauoeati li~bilitr. wllipti~w K es~wnbrawie ~ww wi/ ~~pety. M I~erei~ phviied~ it ~ball aa be wecar~aq K n~viu~e ~bat
dN :u«tw1~ dull iint p~1 tAr wme. t
2. The 1Wort6a6ee inay. at hia or,tioa, and witl~ont waivw'
~ l~is riaht to aoc~,le~ate ti~e iodebted~cw hereby ~
secur~ aad to foe~eclo~e the s~me. par either betore oc dter delio,quency aa or ali nf tho~s certaie o~liRatiom ~
cequired br the tcnns hereoi to be paid by the Morts~
~ fo~ the protection of t~ A~Ol1~iaE BECU[l~~i Oi ~O~ ~~lt COIIEh
tion of the indebtednew herrby ~ccured. All sumr w advai~d or paid ar the l4ortaagtc shall be cha~~ed 'wto the
rnori6age accouret and bce.~o~:.,e ia intc~~sl prrt t6ereof, subject ia all reapecta to the.~ ternu, conditiona, aad cove.nan4
of the a[oe~eaaid promiswry aote. and this murtsa~e, a~ Ia11y add to t6e wa~e exteat u thou~h a part o[ the orisinal ~
indrbtedneM e~-ia~n~d br seiid note and ~ecured by tlw uwrt6a6e. exceptiA6 huwc~~er, that ~aid sums shall be repaid ~
the MoriRagee forthw•ith upon it~ deuiand" and be in :dditioa to the rr6ular moathlr in~tallmeab provid~l br the
mnrtRrge note. • ~
3. That tl~c ab~tr~ct or abstracu of title coverin6 the mort~aae~i propetty slail at xll timati durias the life ot ~
this ~nort~a6e, remaia iu powe~sion of the 41ort6a6ee and in eveat oi the foreclosure oi thi~ mo~tRa~c or ot6er t~ader
ut title to the aiortga~f propecty in extin6uuh~neat o~ die indebtedne~.~ secur~ed hereby. all riqht, title and interest
of the ~1~ortRa6or +a and to aay s~,ch sb.tracts of title ~hail pa~., to the pncchaeer or ~antce. ;
4. 'I~o tht extcnt of il~e ind~btedne~e of the Mort~or ta the Mort6a6ee de~crihed herein or aecured herebr.
the 1liortqa6ee u hereb~ subro~ated to the tien or Gew and to tlNe riahb o[ tl~e o~. nen aad • hoiders thereot of each
ri h
3nd erery mort6sae, liea or othcr incu~brance on tha land described herein Miuch is paid and/or satiefied, ia whoje
o; in part, out ot the proceed~ of t6e loan deecribed her+cin ot sd,wred hercbr~ aud tl~e respert:ve liens of ~aid mort-
Ra~. liens or otfier iacumbranoes, ahall be aad t6e sa~ne and each of the~n here~?~ u preserved aad e6~11 paw to and
Ix heid b~ tt~e MortRs~ee herein as security for t!~ indebtednere to the R;ortga~ee herein dexribed or henbv ~ecured.
tn tlie same e:tcnt that it Nould 6ave hee~ pre~ewed aad would have heenp~~ed to and been held by the Morta•a~
liad it I~etn dul~~ aad re~larly assi+q~ed. innsfcrnd~ set o~rer, and deli~end w~ta tlte Mo~tSaRee by se~~a~ate deed of
xa~:i~p+u~ent, notMithstandin~ tl~e fact that the san~c may be satisfied and caaoelled ~f record~ it bein~ the intentioa of ihe.
~~arties hereto that the same will bc ratisfied and canoeiled of record b~ ti~ holden there~/' :t or a6ouL the time af -
tt~e nr.~nlin~ af tlw mori~aRe.
S. In the erent the ownership of the mort6aaed prdni.es. or sny part tleereof~ becomes vested in a penon othtt ;
than tl~e ~liort~a~yat. ti:r 11ottRage~e ?oay, withont aotice to d~ MoriRa6or, deal with ~ych successor or succe~wn ia t
interext ~+~ith referenee to thi~ d'ed and the debt hereby ~ecnred. in tltc +ame manner aa ~rith the AiortRaFor without
in •ruy waY ~-itiatia~ or dischaqqinR the ?ltortRaRor's liability her~cunder or upon the debt heteby secured. iVo sak of
tl~~ pr~mi~c I~e~cb}- mort6a~rd and no forbearancr oa the paet nf the '.1iort~aRee. and no eY~cnsion nf the time fer the
~~avmei~t o!' the debt l~enel~~~ atrurr.d Riren by the Mori6a[~ee ~hall opetate to nleast, di+cl~arRe. modif}. chanRe or aRect
tl~e ori~inal liability of the HortR~~or herein either in wrhok or in pavt.
6. Tl~~ lien of thie deed recures and ahall coutinue 'to .~ecuee payment of eaid indebtedne~.+ o~ ind~btedaesti
I~owe~er evidenced~ whethe~ by saed protni~wry note o~ any renewai or extension thereof or suMt~tate therr.for. or
otl~r.rwiae, until all ~uch indel~t~reMS ehal! hare been fulh paid.
• Jn Ih~• re~.•:rf /lr,• in~,~IL«~.~r.c s~ll. rurrrct~ arlrn»sjrr ~Ii~ ~nor~~n~t~l pr~misrs drn-;n~ tiie lifr •~f ~/~is n?~?~~~rr~•r.
thr~t [his mnrtrn~e shnll. nf Ilre r.~~~ion n/ U« Afort~ap,re h~?-Pin, htt~me ir»m~dinl~ly dt~e nnd p~yablc (or N~e Jul1 su.,~ u~
t/re pri~?rrpal bnlnnrP .nr~l irr«rest lletn dut. •
R. The terme °~lortga~or" and "Mort6a6ee" ~rheaever u~ed in this iostrumeat r1~Y11 include the heira, penoaal
rc~~re~entati~•es, successon and a~w?i~ nE the tespective parties hercto. Qrherever u~ed the sio~uiar aumt?er shall include
the plural and t1~e ptural the sin~iiar. and thc uee af aay Render shall inelnde a11 Renders.
~iRned, aeaied and deli~•ered in the presence o~: . ~ ~ n d>/?~.~~"/ ~~L~
"~j,~C~'L"~ J~~~~ t!.`-"'~ . - - (Sswr.)
z'l. . -
~TATE OF F[.ORI
CnUNTY nF 44 -
. I,IIC~ ~
Be~ore~mt pcrsonal~y a(~peared BIIBI]( CBQ~S~ a~i ulo~srl~ied. asu~
to me weil knorvn and known to ar~e to be ihe indeviduals ddcribed in and who ezecuted dee fore~oin6 instrueneat, aad
acknowledRed before me that they eYecuted the wme for the purpo~es therein pr ~ITNES.S ~y h~nd aad
o~'iciai ~eal in the Co~+nty and State last afuresaid 11w 14tL da~y Of t.ober~ 1966.
NARL R. ~`,.'~t;'i ,,,~~i~: . ,
tia-;:~Y Yvv'': ST:,. ~ . ! :E _ . _ . .
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titr c~. : ;~s~;~;; _s i~~~
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M~- (:ommewion Expires: . . Not~s~ Publi~ St~te ef 1 ~ ~ _ -
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p 0 RECORDEG - - ' , ' ~
. LUCIE COUNTY. FLA. " • •
R~~Or,.f1 V~RIfiIE ~ '
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'iS ~lCT 3 I tU~ 5 I
~ 14958Z
39
BOCK150 PAGE Cl.~'RK CIRC~JIT COURT
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