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HomeMy WebLinkAbout1321 i i ~ ~ ULLI' ~ 11@ ~ 1?0 Ms~tp~. 4 e~ea1 ~f (~nelNrte +f ~6u ~arrl~~te rr ~tl~ t~w~lK d lilb t~ tl~t ~wip~ N~P~~i ~s ealiw~i~Aw~ewt e1 11K ~wde?1~ ; cdaas ~ec~red i~enbr. ~II riRht. lid~ ~ad ialereat ~ the Vw1~K iA ~d 1~ a~ iwr~nsce MI'tria tl~es iw l~~~c dup yw 1~ 1?e ~ ~~rrda~e~ ~r ~rq~~e , F 1~1 Te ped~ra~~ e~opl~ .+iiM urd didc b~ cac6 u~ ereqr tre ~tiwl~tiw. ~~ne~c~. c~a~i~i~ ~a~ c~vea~wa wid ~+rMaiw~r~ nNe u~d iw IW deed K1 I~nl~. . (il TIW 1~ M~ ~ Mii ~ww ~f m~aer 6e~ciw re/n~ b i~ w~t ~~ytl ad f~p~ ~rir ~i~iw flttren ~est dter tbt ~awe ~srenllr becM~ due aud p~~~ble. ~r ~ ac? W ~ uiprl~tiw~ ~aeeweuta. roqduiwr a~d ~ov~p~ay d wid p~w~i~T ~ete ~sd t?i~ dccd~ er ~it4Kr. are nK trll ~etiK~w/, e«~li~i ~i~ asd .Wd.i br. t~e wid a~repte ~w~ mea~iewcJ iw w M~d pr«nia~Mr aae ~I! bcco+ae dw ~ p~y~bk ~wit? ~t t6ueaher ~t ihe opi~w d tl~e N~n~~ee N to:l~ ~ad r~mpletelr iw it tbe wia ~~epts ~ww ~1 a~id proa~u~r wNe ~rM KiP~~1 ~eeJ `c ald ~w wrl~ dry. sn~t6iw~ i~ wi~ pr~wiM~ ~Ns o~ hercia t~ tbe ~ewtnry wetwifbst~ndin~. . !j! That in ~r~er t~ aee~slent~ tbt n~uwitr ~f the iadedtc~ hcteb~ ~et~tcd~ IKCawe o( th~ f~il~re o( tbe lilwtp~K ti p~f u~ tax. wc~unea~. IiaLilitr. ~61iRati~~ e~ ewrwnbraa.r uww wid ~+pe~tr. M hereiw previded~ it si~di na be sccewq ~t tpuuite t6~t thr u~wttialtK ~hall tint p~~ tlw~ ~tme. 2 Tl~e :1lart~wsa~t ina~~ at hu option. aad withoat wairin~ t~is risht to acoelerate the indebttdnd~ I~ereby { secured and to [oceclwe the same. par ~ither bd'ore oc dte~ d~liuqueaey anr ot all oi those certain obliaaUom 3 cequirtd by th~ terms heced to be paid by ttK Mort6~ or for the protectioa uf the Awrt6ase securitr or for the oolleo- tia? of the indcbtcdAer heteby aecurcd. Att surtui w a~vaooed or paid by the 1~lottaagr.e s1~a11 be characJ into tbe inottsage account and be~.~ome ~a integ~#1 p~rt the~eof, wbject ia ail rapecu to ~he ternu, conditions, and covenaaL of tht afordaid promis~wry aot~. sad thia aanrt6a~e, ai fullr and to lhe qn~e e~tent as thou6h a parl of tha ori6iaal uulebtedneN e~ide~ced b} said note and aecured by thi~ mort6a6e. ra?ee~ptina huK~.~er, that said sums shaR be repaid the iliortRagee forthN•ith up~m ite deaiaad aQd be in additioa to ilst r~guiar monthly in~taUmente prorideJ by the mortR.ge nWe. 3. That tl?e ahetract or abstracts of intle coverin6 t6e mort6ased property sh~l~ at all timati durin6 the life of thu ~noriRa6e. re~uaia ia poucisioa of the :1lurtRa~ee and ia eveat of the foreclosure of thi~ morl~a6e or other trawfer of title to the mottgaged property iu e:tin6uuhment of tLe indebtednea~ secu~ed herrby. a11 right~ title aad interest of the :~lortga~or ia and to aay such a6~tract~ of tit!e ~hsll J~a~ to the p~~rclw~er or arantee. 4. 'I'o ihe extent of the indebicdneas of the Mortasaor to the Mort6asee dncrihcJ herein or .~und h~~br. the 11]ortga6ee is henby wbrogated to tl~e licn or Ger~ and to the ri~hts of the o~. nr~s and • holders thereof of eaeh and every mort6x~e. lien or othcr incumbranoe on the land deacribe~i hereia Nhieh is paid and/or satisfted, ia whole or in part, out of the proceed~ of t6c loaa deacribed lx~nia or secund hereby~ aad tl~e reapective liens of said mort- ga~es. lietu or otfier iacumbraaccs, ehall be and t6e wme and each oi them hereb~ i~ ~?rcaerved acs! a6a11 paa~ to aatl be held b~ the ~1ortKa~ce hc~ein as eecurity for the indebtedne~ to the 1liortEa~ee hercin dexribed or hereby ~tcured. to tl~e same extent t~at it vrouid have l~een Qre~ened and w~ould hare ~een paMecl to and been held by tht Mottaaaee had it been duly and reRularly a,Mi~ned~ tranaferred. ~et orer, aud deli~~enrl w~to tlie Mort~aRee b~ separate deed oi a~i~p~u~ent, notMitiutandinR the fact that the same may be aati~6ed and cancelkd af record. it beiaR the intention of the ~~artiee liereto that thc samc will 1x +atisfied and caaoelled of record b~ the holden there~of at or about the time of thc na~r~iinR c~f thu mort~a~e. ; S. In the e~cnt the ownerahep of the mort6a6ed p~+emixs. or aaf• part tl~ereof. becorne~ vcsted in a penon othes ihan tlie ~1~oct~agor, the liort~aKK mor. .,rithone notiee to the Mort~aaor. deal with such auccessor or aucce~son ia inte:e,+t with rcfcrenct to thi~ dred and tht debt hee~b~ ~tcured. i~ ih~ same manner an ~,rith the \~ortRaRor without in auv way ~itiatin~ or diaciiarRinR thc ~toriRaRor• lia6ility hereunder or upon the debt hereby eecured. No sale of the pren~ise~ Lereb~• ~uort aRrd and no forb~earancr on the part ef the ~1ort~a~et. and no ettension of ~thc time fo~ the pavn~ent of the debt h~rr~r~- a~rured Riven bY the Mort6aaee ~hali operate to relea~e. di~cl~arRe~ modify, chanRe or aRect ti~e ori~inal liability of the 1~ortRa~or herein either in ~?l~ole or in pairt. - , 6. T1~~ lien of thi~ deed Recures and ahall cotitinue to ~ccu~+e parment of said indebtednea.. or. indebtednes~ 1~oMe~er evidenced, whether b} said promiasorp note or aay reaewsi or exten~ion thereof or substitate therr.for. or oti~crwirK. until alf Ruch in~l~btHlaM+ +~hall have been full~ paid. 7. Irt Nr~~ r:-~»t IJ~~• ~~r~~;1~u~urs .c~ll. ru?tr~~7• ni- trt»ts/rr lh~ ~nnr~{?nrcd pr~inisrc durin~ tlic liJc uJ ll~is ~?ro~l~r1~~~. tlu» this mnrlra,e shnll. af N~~ ~~~?~i~~n o/ thr ,ItnrlGnRve hn~i?r. Gt~ome imm~dint~l~ duc a»~1 ~yabie jor tl~e ftrll sum o/ l/re pri»: ipnl bnlanrr n:~d int~rPS1 l/t~n duc. ~ } 8. The terme "~'lonRa~or" and "Mort6a6ee" w6eaever u~ed in this i~strumeat el~ali include the heirs, perwaal ; rrpre~entati~es, sucoesson and aiu?ipu~ of ihe re~pective parties hereto. Wf~erever u~ed the EinRul~r numl~er shalt inciude the plnral and the plurai the ~inRular, and the use of any Render shall inelude al) ~enden~. ~ SiRned. sr.a and delivered in t p~eeence of : ~ i;~ ~56~?t'~ G • ~R ~~~~a'. - " " ~ ~')?~L6~~t/1.~/.t ' . _ (S~.) . : 3TATE OF FIARIUA , t:OUNTY OF~ ~ B~~C,t~.~ nall~~ appeared Dorsey Morris and Helen E. Morris, ais wife ` to me well known nd known to me to be the iadividuals ddcribed ir> ~nd who e:ecuted the fore6oin6 instrurneat~ and f ackaowledRed be re me that they executed the wme for the purpae~ t6erein e . ~ITNE3~ ml hand snd o/ici~I ~eat in t Couaty and State last afo~aid thia h dF~ Of v ber, 1966. . . . . , . ~ {L'A.:iL R. A`Jt~Y r~Ut%~`-`.'f i i:°t'~:. ~7AI: n~ n_ ~(!iia dl ;:+=1.ri !G' s Mv f:ommia~ion E:pire~KY ~',"::ISSl:,'~ Exr.i~~, i:,::~ ::J. 1357. Not~ry Pablic, State ..~.~I f . . J `~`Ji: - F1~FD Hi•!0 RECOROEO ~ ;~'<< _ S7. LUCfE CCUNTY, FLA. i'. ~ ; -~~~r; :f^~:1~ !ED . . ~`i':~'~ r 1~p352 . ~~<<:,:.~,~<<:l~ ' f',;~,~ ~ , ; ~,i 3 ~ _ ; ~ - . : : . r;:- ~ ~ R ~,60 PAGE ~21 ^L~ ?K Cti;i.Ul~i COUr~T 600K - ~ ~ Y ,u - _ ' ; ' ~ ~ ~