HomeMy WebLinkAbout0341 Oti~ Zile #5-14, lv3
1~[~tp~. b evew~ ~f /~-I~w~c d ~Ai~ .aKtpRc ~e ~tbat ~r+w1M ~ titM t~ tht ~M~ ~Mn1 iw e~uwpiaWuew~ ~1 ~Le ~~i+lt~
ed~w Mssr~t~ MrsLr. ~ll ri~, ~itk wd iatcrsw ~t t4 !t«t~~t i~ ~i t~ a~~ ~wMt~ssce riirie~ ti~e~ i~ f~e ~hatl ~w 1~e
rur6~ +t ~tawtK 1e
r~ jq~M~l~ ~~~y vi~l~l M~ i~t~! `J tK~ M~ t1Kty t~ M~M~{~ ~NINM~ tN~it10M MJ tsYtMM~ i• NM~ 'fM~Wf~
wNt u~ M 1~ ~et (Ntk.
lil Tlra it N~ w~ •wr d w«~e~ ?c~eiw re(cetcd t~ w Mt N+~7 a~ fd11 ~~+~ti+~ ~ Attrea L„ weat
af~sr tl~e a~nw ~srsnUf becon~ dre ~~r+bls. K it Nci a~i ewy 11y ~btiw. ~us~ e~~ti.w~ s~ .+vewwa ~t MiJ
p~+~iw~1 Mu ~ tLia deed. ~+t e;~her. atr w~t trll M~'ixw~ ~4w abiii ?r. t~e wi~ a~rep~s c.~w~ +wew~i~wat u
i~d~p~ M+e ~I) b.c«we dre aw~ Nyaile ~iA~Miti d~ra~hK M tM Nti».f tbe ~l•rtRrsee r f~Ur ~~d ~.wylad~ ~
~~~rep~ wn ~t s~i~1 K~iwy wMe x~ ~ripMlty ~tiNlN~i N`e Mid « wrl~ d~,, wytris~ ia wia K~f wM
e~ hetei~ t~ IM e~Mnqr Mtaitb~twdia`.
li i'~1?u ia wder aerele~e ehe tiutarit~ ~f t6e i~ ierelr +~?t~ beeawe d ~he f~ilrre ~t ~ha Y~ti~sK M7 N7
tax~ wewneat~ lia?ilit~. ~liptiw .t swrya6nwre y.«e wi~ i»~ert7. ~?eniw phride~ it .hall wet he ~ew~q ~ rr.q~wi~s tA~t
ttK uiertKaFer ~II hM ar tbe w.:.
2 Tue Mortsaaee ma~~ at hu optioq and withoyt waiv' !w ri~hht to aooelerate the iadebtedadr l~nby
i
secured and to foreclw~e the samc. paY cither bctore or aiter ' q~cacy aar or all nr thae ee~taio ~Lliaatiaa~
ecqnired by t6e termt hercof to be Naid by the Mo~rt~o~ for the proxcdon of U~c ,~,a,~ ,~uri~r o. r~ ~~u~.
tion o[ the indebtedne.. l~e+cby .~~ured. All sums ~o advauoed u~ paid by the Mw~t~a~x ~haU be char~! into tbe
mort6a6e aceouat and Eieoome an iate6~al part t6ereaf. anbject in ali t+e~ecia to ihe ternn, cottditiona. and eoveuanea
n! t6e a[o~id pe+omi~sory outt, aad ehismo~e. ~ Eallr and to i6e ~me e.ucat ss t}wu~h a part o[ the oriaind
indcbtednca~ e~idcneed br said aote and ~ecured br tlw tsoet~,a~ e~oeptias however. that said suau shall 6e rcpaid
the Mort~a6ee forthwi~h upoa itt dcu~and" and be in additioa to t6e resular moailily en~talimeats pro?idcd by the
~norl~y~ aote. • -
3. T6at tl~e ab~tract or s~+•tracts of title coverina tbe mor~aaed propeny at~ll at all timeti durin6 the li~e af
thu ~nort~aae~ re~nain ia pa~sewoa of the ~Iortaaaee aod in evmt oi the foroclowe+e a~ thiR mortaaae or other tran~fu
o( title to the wort6a~cd propert~ i.~ c:tin6uishaicnt of t6e indebtedaee.s ~ecund hereby, ali right~ title aod intece~t
of t6e hYortRa6or ia and to aay such abtrscb of litk a~al! pass to tl~e p,~scha~er or arante~.
4. 7~o t6e exteat of ti~e iedebtedue~s of tbe Mortaa~or to tbe Mortaaaee de~cribed henin or secured benbp,
ihe l~~ortas~te » hereby subro~ated to the lien or liea~ and to the riahts of tl~e owncn and • holden thereof o( ~ach
and every mort~ae. tiea or other iocumbranoe on the laad dwcribe~i hecein ~?}?ich ia paid and/or satis6ed, in whok
or in pact, o~t of the ptooeeds of t6e ioao de~cribed l~et+ea~ or aecut+ed het~eb~. aad tbe ~+eapcctive liem at ~aid mort-
gaae~. lieda or od~er incumbranoa. ahall be and tbe ~a~ne and each of tlKm 6ereb~ i~ ~~rererved aad s6a11 psM to snd
be held bf the Mort~a6rc heerin a~ ~eeuritr for the indebtedne~s to the Uiort~a~ee l~erein described or henby ~ecured,
to the samt extmt that it Moul~l have l~eea pe~esesved aad w~ould havs heen paNed to aud becn hetd 6y the Mortaaate
had it bern du:~ aad re6ulady assi~ed~ tnnsfemd, ~et orer. aud deliver+e~] uuto ~6e Mo~~asace b~ aeparate deed o~
ax~ibtunent, notwitWtandina the fact thst t6e same anay be aatiJed and canoel{ed of teoord~ it beit~ the intcatioa ot the
j~artiea hereto that tbe same will 6e satis6ed and casoeUed oi re~td by tl~e holder+s thee+eat at or about the time of
thc rrcosdinR of tlw moriRage.
S. In the event the ownership of the mort6a~ed per,mise~ or ao f part tl~ereo~. becomes veated in a penoa othes
than tiie Mortgaaor. the ~~ortRaget raay~ withw~t notioe to d~e Mort~aE.or, deal with sucl~ auceeawr or incecaon ia
i~~tereet M-ith rcference to thiR deed aad ch~ d~bt h~r~br .e~ar~d~ in tiht aame mrnner as vrith the Mort6aRor without ~
in an~ way ~-itiatin~ or discha~~pinR th~ !Kortas~or'~ 6ability heeturn7et or up~n the debt htrebf eccared. lYo sale of
tl~e i~~rmiea~ hereb a~ort a~e+l and no forbearance oa tl~e pnrt of tlxe '_HortRaaee. ai:~~ aa cxtenaion of ihe time for the ~
payn.ent of the debt l~ere~~- ~„Kd br ~he Morea~ .l~Il ~~t~ ~o rcka.~, a iscl~ar~e. mod'ef~. chanKe or a6ect
tl~e ori,~inal liabilit~ of the 4lortKa~or herein eithe~ in ~r6ole or ia part.
6. TI~~ lien ~?f this deed aecures aad ahall eoatiaue to ~ecut+e pa~•meut oi said iadcbtednew+ or indebtcdnd~,
I~owecer evidenced, whcthcr by uid promis~ory note or an~ reaewal or e:tensiaa thercof or wbatitute therr.for. or
otleerwiee~ until ail snc6 in~febte.rlaess ehali ha~e been faUr paid.
T. 1?t .J~e ~rcnl f/r~ in~n-l~n~ors stll, ro»i~ey nr trans(~r tht morfgagtd prtmises dtrrr»g lht !i/e o/ I/ris nrorl~n~t,
~/un this »rnrt~?~~?e sha/1. nl tl~c u/i~ion oJ tlit 1ltortgagre h~rt:n, Gt~omt imm~di~~ely due ar~d fiayable jor tht Jul! sur~i o/
tl~c prrncipnl bnlnnrP w»d inftrtsl lltt~t dut.
_ 8. The term~ °l~ort~~~;or" -and °Mortaasc+e^ wrl~eaever a~ed ia this iastrument si~~ll include the hein. pcisonal
erprerent~ti.•es, succeason and a~sip~s of' the reapective parties heceto. ~herever used the Ein~ular number shall include ,
the plurai and thc plural ti~e ein~ular, and the ust of say ~ndt shail include all geirdcrs.
/f ,
5i~ned, ~ea~ and delivcred in the presence of :
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G ~ . - - _ . . . . _ . _ (Ssn~)
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ST TE OF FL(?RIUA '
(:OUi~TY O~ ~
S?. ~C
Before•me pe all~ aPPesred _ IIDS D. JeMB.S~ aa u~ta~'ri~d ~an~ i
to ~oe ~,rell kn nd known to me to be the iadividnals dacribed in and ~rho e:ecutal the fore6oinR in~irue~eat, aad
acknowlcdRcd (ore mc that they e:ecuted the same for t4e purpa~ t6enin exprewed. 1VITN~~ mr h~nd :~d
o1.~'icial eeal in the Counq and State last aforeuid tlw 28th darj ot OQtobe ~ b6.
NARL R. AVERY
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MOTARY PUBUC. STATE cf FI3PlJ.4 ai i'.Z~E -
~IY COMYISSIOH EXPIRES 1 Jii E 3D. 1567 ~ _ : . •.~~j ; ~ Q. ~
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M~- C~?mmisaioo E:pires: ~rq Pa i~, ta - ; ~
v:' '.vG #
F1LED AND RECORDED : ~ ~i
ST, I.UCIE COUNTY FLA. - - ~ ~ ~ -
REC~RL~ VERiF ' o b'~;~,~~~' - ~
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'66 ~OU 7 AM 9: 4.5 1i--~'~:~`
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-~497'~,~ :
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~:r~:::_~ ~~~~;R~s }
CLERK CIRCWT COURT-
° R 158 PACE 341 `
800K
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