HomeMy WebLinkAbout1379 Our f31e 8-14,13`~
lt~rtpMt. 4:vsw ~~Keel.wre .f t6i~ u.Wt~ta~e K,~dwr ~nMt~t ~ tith t~ ~f~s wKtp~ ~eMeA~ iw ca~iu~ni.lraaa w1 d~e i.~ieM~
ad.w ~.c+ueJ iKre~r. .11 ri:lK. titM .w~ iwte~+at ~I t`e kt~~K i,~ a~ N Ms iMws~ct ~.Iki.~ tl~ew iw t...• .?.11 ow ~S
W~f K ~rawl~e.
11) T~ ~q1~, cw~p1~ ~ritl~ ~ dide s~ei ~w1 cwtp 1?~ ~J~ti~ y+~wNU. ea..~iti~ u~J c~~ew~M i~ wi~ KuwiMSt~
~«e ~wd iw t6i~ i~ed ~et /WtA.
li1 '11~t i~ Mr ~t ~iJ u~ ~a«~e~ bcr~iw rete+re~ a M~t p+~11 a~ tWy MN ~ri~ nttrew ir ~est '
af~ the ~stis ~eret~ll~ beerww drs sw~ M7s?~. ~t Y Me~ ~~r~~1 ~ M~IM~w. ~[ncrc~u. cr~w~4t~w ~ hreww ~f ~si~ ;
Pe~iM~ Mu w~ 1~i~ deeJ. ~t eitl~. are w~1 ~Ntl M~fw~i. e~1W ~?it~ ~~i~i tre wi1 aprapu ~rw wrcwti~i i~
YpI pfMlNNfy MI! ~lI becNOt d11e Y~ p7~`It ~MI~M~1~ K f~t~'M~Mf M t~! ~/tIN ~!kt ~N1RatEt Y IrII~ ~11d rMa~tlsl~ r
it tbe wi~ a{~e pp aww ~f s~i~ ~oa~:wsr w«c r.~ ~i~iylt~ ~tywl~ t~ k a~ ~w ~ i~7~. aopt`i~[ IR wi1 K+~i~e~ ~N
sr bs~ei~ ea 14 e~M?sq wN++it1»tawdiaj. -
111 Tlut iw ~ie~ t~ aawk?~te t4 matiuit~ ~1 tl~e iniAteiwsr IKee?f a~c~ed. becawe d tbc fai{~~s ~f tlie Y~tPtK N~ ~1
t•u. wew~ewt, li~?flit~~ ~ilipti.w ewrww6r~wre nPw ~ M+~etr. M bee~ai~ ~viiis4, it dwll a.t be wee«.ary~ K te~~wi~e tbt
ehe »artK,aRer aW! firw os~ tbe wwe.
2. Tl~e 1liortpaee may. at hi~ optioo, and ~ritleonit w~tiv hia ~ht to aooc.~erate tha indebtcdnas henby
seaired and to foreclo~e the saaoe. pay cither be[ore 4t after d~~'~nquec~ey ~n~r or all of those certain obli~atioa~ ~
reqai~d by the tee~na hereof to be psid b)• the Moct~a~oe [oe t6e protectioa d' u~e wort6aae ~ecuritr or ~or tbc oollea '
tion of the indebtednws hereby secured. Alt aum~ ~o :draaoed oi paid by the Mortaa~x ehall be charaed into the
mort~ase accouat aad becoine aa intesral p~rt tb~ee~eo~'. aubject ia ~tU te~peca to t1~e tetna, coaditiwu, aad covenaota
of tl~e afore~aid roa~iworY aote. and t6i~ mnrt a~ [nllr aad to if~e sa~ae e~ecat u thou6h a part o[ the orisiaat ;
l11
i~~debtedneM e.i enccd by said note and secured~ this mort~ exoeptin6 lwwe+~er, that said suuu ihall be repaid ~
the iVlort~aaee forthwit6 upoa its deniand" aad be in addi~ioa to t!~ re6ulac moatbly iastaUmenb providcvl by the
~noet~ge note. • -
3. That tl~c abntract or abstraets of titk coverin6 t~e euortaa~ed Property sliall at ~11 time~, durin6 the life of
thu iaort~a~e. e+~main in po~se~sioa of ihe :H~rt~a~+ce aad in eveat d the [oreclowre ot thie mort~ae ar other ttaasfet
of tide to the iuoct6aaed pooperty ia e:tiA6ui~hwr,at of tbe indebtedness s~ecured bereby. al! ri~ht, title ana inte~est
of tl~e b~ortsasor in aad to aoy wch absttact~ of tide shaU pass to the p~~rcha~er or 6rantee. ~
4. 'I~o the extcat of t6e indrbtedaeas o~ ti~e M~ to tbe Mort6a6ex de~crilied herein or secund 6enbr.
tl~e rio~t~a~ is hercb~ wbro~ated to thC lien or li~ a~d 'ao the ~i~6ts of ihe o~~~nen and • holaets thereof of -,ac1~
and e~very awrtsaae. ticn or othu iocumbnnoc an the laad describcd }~ercin »hich is paid and/or aatia6cd, ia wbok
or in part, out ot thc prooeed~ of t6e loan deaeribed Lereia ee ~ecnned herebr, and the respecti~e licos of ~aid mort•
Ra~e~, lien~ dr odier ineambradocs, shall be aad tbe ~a~ne aad each o~ the~ hereby u l.reaerved and ~6a11 paw to and
be I~ld 6y the Mort~asee heeein a~ aep~rity foc t6e indebt~ednas to t1~e iliort6a~ee i~ereia described or hereby «xured,
to the same e:tent that it Mould have beea pe+e~erred and w~u1d hsve betn~ to and been held by the Mortaaaee
had ii beea duly andr~u
lulY ani~p~ed. traa~fe~rcd. ret o~rer. and deliv unto tl.e MortEa~ee by sepa~ate d~ed ot
u~i~uient. not~?itlutandina tbe t~ct that tbe same mar be awfied aad caneeUed of reeord. it beiu6 the inteatioa of the
j~airties 6creto tlut the ~ame ~?ill be ~atis6ed aad casoeUed of ~eord b~ dre holden theneof at or abo+~t tbe iime oi ~
the rec~inK of tlw mort~aRe. , !
:
S. In the event the ownenhip of the moresaaed premisn. or auy part thereof, bccomes veeted l~ a penon other ~
than the Mort~aanr. the ~1ortRaKee may. wit6out aotiee to tbe Mort~a6or. deal with wch succasor or aucearo~s in ~
iutereat ~.-ith reference to thi~ dced aad t6e debt berebr ~eeund. ie d~e same manner aa ~rith the Mort6aRor without +
in any way ~-itiatin~ or dischar~nR the !ltort~aRor'~ liabilitf 6ee~enrnkr or npon the debt l~erebr ~ecared, No aale af ?
tt~e p~n~iseR l~ec~eb}• n~ortaa~r~l and n~ forbesrance on t6e pact of the ti[ort~aRee, and no ettcnsion of the time ~or the
~~ayment of thc debt her~b~• ~ecuted pvp~ by the Mo~e ~hall operate to reka~e. disci~a~~ modiiy. chanRe or alfect
Nu~ ori~inal liability of the Moe~tRa~[on c~rein eitl~er ie ~rEwle oe in paiA. .
h. 77~e licn of this deed secures aad ahall ooatinue b~eenre •pavment of said indebtednw or indebtednds~ ;
liowe~tr evidenced. whcther b~ ~aid prwniwory note or anr r~eaewa! or e~tuuioa thereof or wbtitute therrlor, oe ~
otleerwisq nntil al! such ind~bte+lneas ~hall have been [ulh paid. q
7. I~t tJ~~ ~:~~nl ll~e ~n.,?•l~n~nrs stl?, ~nm~ey nr het~rsJtr fht ~nort~ngt.d premiscs dttrin~ tl~c Jl~~ nJ N~is mor[Qn~e, `
t/rtn this mort~n~t sh~ll. nl e%~ uheinn o( tlir rtortga~~e hr.rtin. ~~cnmt imm~dialely d:ic n~rd puya6tt for tlic fstl~ suii~ of
lllf pitllCtrNlj I/QIQIIfP i7ll[I i»t~rest ~I«?r due.
8. The terms "Mortga~or" aad "Mort~a6ec° v~beaever u~ed in thia iastrumeat ~I~all incln~k the hcirs, personai
repee~entatives, sncecasor_ and aasipu of the tespective partid bereta ~l~ene~er ueed the eio~ular nntnher shall inelude
thc plaral aad the plura! the sin~Cul:r. and the use o[ aor ~ender s6a1) ioelude all ~eade
Si~rned, seale~i nd delivered ia t reseace oI: . ~'~f
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STATE OF FIARIUA
l:OUNTY OF
ST. I,UC ~ AOOSTrQ~LT JOHliSO]T ~d S~DIT JOH1iS011,~ wii~,for~rl~ '
He(ore ~ penonaltti aPpeared y~Ota i~ S,DIl~ 0,1'S
tQ a~e we1! kaown and knowo to use to be the individuab de~eribed in aad ~rho esecuted the fortaoina iaHr~xat, a~d
acknowkd~ed before me that ther ezecuted ihe ~ame tor tLe purpo~cs lbe~+ein e~cpreaed. ~ITNESc my hand and
o~cial ~eat in the Couary and State la~t sforeuid tlw ~th d~r Of 8 emb ~ 1966.
NARL R. AVERY ~ " c~ ~
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NOTARY PUBLiC. ST.1it', :~I fi~nlDA at LARGE
MY COMklISSION EJ(PlezES JU~~E 30, 1967 r,
M~- ('.ommission Expire~: Nota~ Publie. State oi ,
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FILEO AND RECOR!?ED :
ST. LUCIE COUN?Y. FLA. - , _
R£CUR~'1ERIFIEO ~ - `
150380 ~ '
'b6 DEC I PM ti: I3
_ ~~~°ti~.~
~Q~i_~ ' ~~ik.;S ~
CLERK CtRCU1T COURT ~ORK1VO PACE
g o ~79
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