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MKtp~. I~ srsiw ~ IwalNwe d ~?i~ ~aW1p~c K NI~ 1t~M titb ts 1V w~tp~ y iw eatiwpi~hiaewt J tbs iMMM~
~dww a~c~ee~ ~ebr..l! ri~iw, ~iek ~ i.tm+e ~f 11~t Msr~r ~ aW a y~ i~s~et'~.i~e'j« tbew ts t~rce ~Wl M.r 1M
N~ pMMS~
" t~1 Ts Md~es~. e~y~~ ~+i~h a~ a`ide s~s? ~i ewe~ t?e M~41iw, yn~w~t+~ aw~itiMS sr~ a~ew~~M i~ ri/ MM~r~
w.te a~ i~ tiw ~~.t tKd~.
t i)'R~t i~ ~q .f .si~ s.w. N w~.~tr ?er:iw nt«td M M~t ~..i tvls Nw •rW~. Att'eR ir .at
~f~ c6e w~ ~renU~ be~c.w~. d~.~ ry.?4. if awii ~ ~l~dw. s~ns~ewt~ e~n... e.rew.w wil
~e~~ MM a~i ~?ia ied. K cithet. are wN f~it~ rrf~e~. e~lia ~rje? Mi a~i~i ?l. t~e Mid aqrsMp ~ wawiw~ ~
.ud ~wi~qr ~e ~11 bec~we dre ~wi Ny~fs tN~Mritr • d~+Mt'Mr u tb NtiM ~t d~e 1Mv~~p~ a~ 1d1~ a~i nwyblshr ~
if tre ~yp~p~ s~w a( ssi~ K«wi~ey w~e w~ wiP~h ~wi a~e MN ~w ~i ~r. Wtii~~ b wi~ ~+esiwe~ ~
sr bati~ a trs eattiry Ntwr~l6~t~wJiy. _
l j 1'Ibat iw ~ier N~ t4 eaaatit~ ~1 tl~e iw~iMia~ Mn?~r Mcwrt d~c ~~ilrce ~t 1V Y
tw wa.~nrM. li.?iws..N:sw.. .r ewr.wi?r.w.e w~ w~ M+M~s. I~.~ei. ~..riJe~. it .`d~ w~t ?c «+aesK e~ r~ w
t6e mweS~ltee dull6rM M~ tl+e wwa ~~f K~q~isile tirt
2. Tbe Mortaa~ee ~r. st ha optiao, ssd wit6o~rt Mraiv~'r~ Lis si~6t to aooeferate the iadebtedseM berebf
~ecue+ed and to Iorecla~e the ~aw~e, pay eitber be[ore or ahee daliaq~esc~r aa oe sll of t6o~e cr.~taia obli6atiar
e~eqairod br t6e te~ l~ereo[ to be paid b~+ the M [oe t4e pro~ectio~ of mo~.~ .o~;h ~ ro~ e~,e aoueo.
e
tion of tl~e indebtedaas herebr accured. All aunr ao auoed ar psid br tLa Mort~~ue st~aU ba eharsed iato t6e
mortsaae account aad becon~e an iatearal pact tbee~sof, snbject ia all rapects to t6e teran, canditio~s, and eoreaant~
o[ t6e ~[oe~aid pnmirory notG aad tl~is mnet~a~e, a~ Eallp aaii t~ tles ws~e a~teat sr ttau~h a~rt of the or~
iudcbtedneM c~-idenced by said aate aad aeeured br t6is wptt6,t~ exocpti~ Iwwerer. tlut said wau shall be np~aid~
t}re Mart~aee forthwith upon its dewand" aad be ia additioa to tbe rcaula~ nwathly iastallmenb provided by the
~nort~aRe note, • - ' ,
3. T6at tlie sb~tract or ibstncta o[ title cmreriaa tlre ~ propeet~ s1,a11 ac all umc., duriua the life of
thu mort~~e. c~emain in powa~ion of the Mortaa~ee aad in ermt il~e foreciowe+e ot thi~ ~mort6~e ot. other traodu
of titk to tire mort6~6~ ProP~Y ia ea~tinaui~a~eat uf tLe n~edebkdaea ~ecnrad bertby. all riahy title and iaterest
of tbe 111art~or in and to any s~h abatracts of titk shall pa~s to tbe pne+eha~er or gsetee.
4. Z'o the extent of the indebtedaer oI t6e Mort~o~ to the Mo~ee de~cribcd hereia or secured hereb~r.
tl~c ~to~e i~ heerb~ w ted to the liea os lieas d to ehe ri~ts of the w.ren a~d ~ Iwlden thereof of eaeh
aad every mort;a~e. liea or~ incumbrance oa t6c laad deacrib~ed 1~eraie ~?6ich u paid aQd/or wtis6ed. ia a6ok
or ia .r~, out af ihe prooeed• o~ e6e loaa described bere~a or ~ecured l.nrebp, aod the respective liea~ of ~aid moet
ea
aases, ieaa or od~er incumbnnoe~, a6a11 be sad t6e ~a~ee ~nd ~ac6 of- therw hereby i~ pre~erved and shali paM to aad
be held bj tbe 1l;,xtaaaec herein au securit~ ~or t6e indebtedaa~s to tbe lltort6a~ee lierein deacribed or herebr ~eatred.
to t6e same extcat that it Monld bare bcen pe~erved aad Mon1d have bec~n psMed to aad beeA held by the Mortaaaee
had it b~ea duly snd naul~rl~ assi~~ed, tranaferred, set o~er, and de}ivered ~to the Mocta,aaee by ~eparate d~ed oi
+x~ipuneny notw-idrtanding t~ [act that tbe suee mq be a~tisfied asd caRCClled of reoord, it beia6 tl~e iatentioa of tl~e
~~arties hereto that tbe saw~e witl 6e ~atis6ed aad disoelled of e~ecord b~ dre 1tolden ther~eof at or about the tie~e o~
thc recoedinR of this tnort~e.
S. In the ereat the ownenhip of dfe mort6,a~ed Premise~ er aay part t4ereof. bacomea veated in a penai ot6er
than tl~e Mort~aaor. the ~~ottKagee may, ~?ithout notiee to d~e 11lort~or, deal with such wcecMOr or aucr.won in
intereat ~.ith refercnce to this deed aad ibe-debt 6~enb~ ~ewred, ia the same manner a~ ~sitb the Mort6aEor without
in any way ~-iti~tinR or dischar~pin~ ~the Mort~a6oc'~ liabilit~ herennder or upon tlie debt htrrbf ~ccut+ed. No wk of
tlx p~niieeR hereb3• moct a~ed and no forbesranee oa ti~e pari o~ t6e ~Iort~a~yee~ a~d ao ext~aaon of the ti~ne for the =
papuu~eat ot the debt here~~ ~ecured ~qirea b~ t6e Mort~~ee sball opetate te reka~e. discl~ar~e. modify. chan~qe or ateet
the ori~ina~ liabilit~ ot tl~e Mott{~a~or herei~ either m~riioie e~ Is paet, _
~i. 17~e liea af thir deed secyres and d~all oo.wae a.ecuc~e paymea~ o~ .a;d indebtednea~ or indebtedn~.
I~owerer. evidcnced, Mrhetbcr by said pra~ai~orr nMe or asr noeMral or eztaaios thereo( or a~bstuute thes~lor. or
otl~erMriee, antil all auch ia~k~,t«lsea~ ahall lu~e beew [dk paid.
7. In t1~c ti~enf llr~ mnrlt~n_nn..~ u?l, ron~,ry nr transjd fhe morlgaged prtmists during the lijt nf tleis mo?-~gaz~.
rhen this mort~nee shn/f. at th~ opli~n oj tht ]Ilortgaget htrtin, Gecomt rmm~din<<ly due nnd puya6le for tl~e fi~ll su»t of
tfre pri»cipol bnt~nc~ a~id inl~nst th~n due.
8. Thc tcrnu "MortRaRor" and "Mortaa~gee" ~?1~eoerer wea ip t!w iostrumeat sliall inclnde !he heirs~pe nooal
repraientativea, suoeewon apd ari~ oi the. rdpecti~e partie~ hereto, w/heerenr u~ed the Ein~uular nnm~?er shall 'u~clude
the plunl aad the plural the ~inRul:r. snd ti~e we of iuy ~eader s6a11 inelnde all genden.
s
Si~ned. ~ealed and deGvered ia the prt~ce o[: . - . . - ;Gr~~
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STATE OF F RWA
COUNTY OF~ ~
St.~Zuci ~ Frank Pitts~
Bet~e.me ~r.o~~tiy ~~~~d Ruth Pitts, an umnarried woman, being the widox oi
to me wetl kno~ra snd knawa to ~e to be the iadividaaL de~cribed in and ~rho e:ecuted tl~e foeeaoiaa inrtrn~ay ~d
acicnowledRed befare me that ther executed tbe aaa~e for the parpo~es tbei+eia ezp ITNESc ar lu~nd aad ~
o~icial ~ea~ ia t6e Countr and seate la~t aforaaid tlw ri dt~y of- N eIDb ~ 1966 _ . ~
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NARL R. AVERY ~~t~""~~•-~r;
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NOTARY PUBL{C, STATE cf FLOfiiDA at LA~~E . l I
1tY COMIAISS10~1 EXPIRES 1UNE 30. t9bi •-1'•--
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M~ ('.o~mniMioo E:pira~: . . . _ G
f,3Q,,~?._ Naarr P~eblic, te cf ~ ~ ~ ~ _
FILEO AND RECORDEO . " 7,.; - :
ST.~LUCIE COUNTY. flA~ ~ " y- - ~
RECORO Y~RI~IEO - 1!~ ~
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15(388i ~ ~
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'66 OEC 16 PM t : ~9 - ~
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RO'v£R r Ol7R~S
CLERK CIRCUIT CBURT O~RK~~~ i
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