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HomeMy WebLinkAbout0396 1~. (f the ~ndebt~rlnc~ ~~~cuceri hrr~~i~y is u~~v~ ~~r hrn~aft.v tur~hr~ aK~urr.l M• oh~url m~ulK~x. ~lllVjK1N. mntr~?ote c~f ua?rautr. a~.;~~nturnt+ uf 1~:^4+ah?, ur uthrr urunu~n, ur ~f ihe pn~~uu+aw iu•n~ly r~ieutntN•n.i c.~u~.~xt,+ ~~f w~~rr thiu~ ~•ue panrl. ~lu~tg~re ?u+?v at its uptiun arhau~t s~~,v ~a?N ~~r ni~~re ~~t ~uud ~arunurM ~ad the r~runt~ h.~~.+uu.irr, u~ xuch panvdx ut thu stYU~IIV ~1PR'UUIIP~, ri~he~ a?u~•urcr~t~~• or mdeFx~ncl~Nit~v, and ~n +uoh unlir ~t tuep• d~~t~vnui~e. lb. l'pun nv u~ht uf \Iurl regur. \tortKa~r ~u~v, at ~Ix :k?Ir optiun. tnau timr tu Umr Iw~furv tull p~~'n~~•nt ~~t all in~trt~t~al- n~~...~run.i tu•r.~~}•. n~akrturt~i~~~ advnn~v~ tu ~l~~rt~,y,a~r: prov~~1~~1, huw rv.•r. th~?t thr ~u1sl pnuoiprl.~runrl la~r«br and r~~u~nit?- :uK uup:u~t. ~u~•iu~i~u~; :~n~ ~~~r1; :t 1~:ui:,•,, r,,,! a! a;i~ !uu~• ~•t~~«vi !he• ,•:na! j~r~nrii~:~~ ~'~m ~~r+ir.,l h~~n•t.v \Inr~~ra~ry•r,hr~ll N~~rulr ~uul arli~oc w\lurtKa~rr a n~t~~ ~~v~+trnc~iy, ~wch ai?d rv~n• such'furth~~r ad~an.~c• ah~rh \i~~rt~x~.r• me~• ~nska, .u~~l~ uutN tu 1?e E?a~-ablr un ur ?~fi~re n~atunt~' u[ thr u~debtadnc~ seettrcvl hrn~ly w~nl w n?nt~?in aur.h trr~nx ~w \iur1~~ xhull nv~uirn. \iurt~n~r ~hsll }?a,v ~11 suoh furth~v ad.•~u~a~ witA ~t~t.Kr3t, and the ~uu~ and ~v?ch not.~ P~•i~t~~ncu~ t?ir ~uio, ahall be ~.~+unKi hereby. All pru~•i~iuns ut thiY murt~,?~ sha!! spp~~ tu i~h [u~thr~ adv~~ur R,Y MF~I tu sq ~,thr~ tndebt~rln~~.~ ~•urcd hereby. \uth~ng hernin a~nt+?in~l, IIOWNYN~, shwll l~uiit the ~?a~uunt x~rur~d b~ lhia m~~~t ~ i[ ruoh ~m~~unt ie incres+ed bv a~h~uua~ inade br ~Iurtge~~, we hernin rlsewhern widal fur tu pn~t.rt the secarity. ~h~ w~~in1 "\lortKiys.u" u us uxtil iu this paragraph, ip~luda~c~ st~~• ssuirwKUr in uNUi~r~h~p. lflu prtvu~atti. is. ~iN~. n. ~lort~~, nti~ ~n e~xNrcivi~K an~• r~ht rnmcvlr hrn•un~lr~, or otl~rrN ~.r ~K+,nl~~c1 b~• t~?w, .hall ~,{~cn~t~• r., a w•ai~~er then~~t ur pnrludr thc +~xcn•i>r thrn~~f d~innR th~~ runtinurn.•.~ uf nu~ d~•fyult h~•rriu~~i~~. \u w•n~~•.~r b~ \i.~rt~n??,nK~ uf an~• d~•tault shatl cunstrtutr s w•sive~ ut ~tr c.~u:vnt t.~ +ub.~vtu~•ut ~1rf,~uU.~, ~\o tailurn ~d \1ort~;x~;~r t~~ .~xrn•iu• bn~• upUun he~in gi~•Na tu ~ccelerete maturit~ ot the dNbt hrn~t?v aerucM, nn [~~rlx~nrancr bv \1ort~.r tx~furn ot atter the rx~~rc~w~ uf sucd option sad nu withdrawsl ur at?sn~tu~n?et?t of tunrl~vu~e pravtidny~.x by \Turt shall bc taku~ ur c~?nstruttil ss a a vrsicer o[ its right to Pxen i,e such uptiun or te arr~~IcvatN the m~tunt~• ut th~ de~bt ~~rnby s~runvl b~~ nv?sun ot at~~~ {~t, present or futurn dNtault ui~ the psrt ot ~turt~~ur; and, in Gke n?nnner, tAo pnK ur~unrnt uf in.uratioe u~ tho {N?~•mt~nt c~f tax~~ ur other Gens or ohugte b,r \lurt~~e shslt ~ut ~ ti?k« Oi h~I15L1'UP~~ i~ A MAIYet' O~ IlS [t~(I11 lU ~IK~ItYA~U l~N~ maturit~• of the debt hdreb~ secucs~i. 17. ithout aHeriin~ thN lu?bititr uf \lurtgaf,n?r ur nu~ u1he~ ~x~~on (~~xcrpt ~x~nuu oxpnesl~• reh~?s~rl in writiuR) fur pe~ u~ent of au~• indebtn n~s struc~x~ hercb~ ur for p.v~turmunce a( an~ o~~liKatiuu cti~nta~~util licrein; and w•ithuat rGtrtinK tl?e~ rtg~ts o[ 111ort~~e w•ith nbpcrt to sn~ seourity n~?t e~pRy.~b• ndcY?,av{ in ti•ritin~;. Dlort~.~nr uia~•. a0 an~- ti~n~ end tro~n timc• to tiuie, eitLer beture ar efte~ the niaturit~ ot .aid not~~, sad withuut nutire or cuusrnt: (s) Reles~e au~ peison liable fur p+~ynu~nt of aU or auy {?art uf t7ie indebt~vlncvs or for {x+rtor~nauce ut an~• oblige?tiun. (b) \iake sn~ agnvvnent extending lhP tim~ or tllfllYN'LN' ~hrring th~~ tenns uf ~u?~•m~•nt ~~t all ur an~ ~x?rt of the indebtarines. ur mwld}-u~ or a~ai~•~nX snc uLligation, u~ .ulx~nli~iaUn~;. ~mxlif~~inR or utlierw ue d.v~ling w•ith th~~ lien or oLarge hereo[. (e) F.xerciye ur retre?in trum ~reroi~ing u~ wsi~•e a~~• right ~turt~-~cti~ ~ue~• have. (d) Accrpt acidiliuaal securit~ of an~ kind. (e) Release o~ otherwise dtv?1 vrith an~~ pn~pe~t~, real ur p~r.wusl, r~ruring the indc~bt~vin~t:v, includii~ sll or ent• pert of the }uoperty mortb*aRed hereb~ . 18. ~ny eigreement herestter msde by Tturi~e~ur ~nd ~[ortgagee pun~ui?nt to this mortgaRc ahall be superior to the rights ot the holder of aqy ~nter~-ening 6en or encumbrsnc~e. 19. bfortgaRor hereby waives sll ri~ht ot homestead exemption in the proparcy eubjeot to this mortgage. ? t~u~ 20. The oovenants and egreements herein ecintain«i shall bind ~nd the benedta and i?dvan ah~ll inure to ~he res tive heirs, c~cecutors, administrato~, suoc~wra and a.~s~na ot the partieR heretu. Wherever used, the ~ingular number a sl! inolude the plural, the plun?1 the singulu, and the use ot ~ny qender shsll be ~pplia~ble to ~U genders. All oovmanta. agri+e- menta snd undertskings shsll be jo?~t and several. In the e~•ent aciditional numbered oovensnta ~re tor oonvenienoe inserted in this mortgege followin~ the legal desoription, sueh additiunal oovenanca ahi?ll be resd ~nd given at[eot ua t6ough follo~ring thia oovenant m oonseouvve ocder. Z'. ;'T~' .>j . :..r S~2 • ::~t'•`:., c~2• ; ..~~iti: a_:cl „e: i : i.~c :3&}, _ , ~ ' ~ =~pa Jt?siI' I'1~':~'.. :hOV!' n-T'1ttE`I:• ~ ' / ~~„T.PC'~ ~t~3~=:~ . '~l~'f'?'P.tj 111 ±t._ ~`i;~i~ 1 j:_•~=s•_r~r~: :~i ~.:s: • ~ 1! ~~j~ . : ~ !p/I l~`-c~Cs. t - ~ • ' ~ : ll:?~' ~ . ,~~i,~~-- ~ ~ " „S , . ~ _ ~ 3_. . , _ , . . - ; ~ . _~.•r t 1T.aT_ l ` . i ~ ' ~ - ~1. =.]:T': ~ _ , ~ ' . . _.:_~'r'~ L:. ~ 1 . , , , .,I''~i ; :i . _ f _ t, r ~ ' i{:,- . ~ . ~ . ~ .'t ~ . ~ . . ~...f~ .~~.,il J .±/t'.l : .Z,')J " . ~ ' 1 ~ ~ . E _ f; _ . _ . •i ,~l_ ~ '~ti iYift=', . :I~i t' . . . . _ 1... ±:i~j 1', . . . . ~iL~ , ~ , ~ ..r ..-•-ir.l Li~ tif -.ii.~ 2 v`:~ .i~:a: _ ~l . i,. . . , . . _ • ~ ?}i~..~.~' 1 ~ :~::a ' ~e; ack:iec :e~~ed 'cefnt•~~ ~ c~ : t;.~~. • u ~a ? - _ . . ~ . , ~ ~ ' - ? . ~ ? . _ ,U~'~ ~ • ~f• t•' y,• • ~ y ..J ~1:~ / • ,:2 ; S a ~ ;3 : P _ ~ :.~:GC;~~,,~J • . . . _ ' ~lft.' ~ Rotary P.:~~~:c, S'.z;e o! Flxida it la-ne r • v_ 1~Ay Com:::issi~r E~;.:~^_s .'i l~`J{y6/ /~~~-'~s-r~~F-+~~-~ ~ Nw.a c, o . ~i--~-,.--+. . . . ~ . ~ .~r . , _ _ `t'•~ti: ij ~i~EO ANO RECOROE~p a~ i t~ 3'l. LUCIE COUNTY. ft~a ~ ~ = . _ i~ ` RECOROVERIFIEO?!_~ ~ ~ = ~~t~'~. - ii . a~ •?4)~l ~ ~ l~j~' f~a~ _ t~ ! < < ~ - - : '66 ~ OEC 29 PM ~ : ~ I ~ ~ ,~,.~`.~'"`ur' - Gw.~ ~ ~ ,s ~ 0~.' 'i J~~/`Z Itt'l~ ~ ac M~~ r ~ ~ h S~ M. I, AC ~~~7 E~R ~•U!TR~S ' ~ '~''~.~t~ r• _ ;I O ~ CL~RiF~CIRCU1T COUR~ p~ ~ , - ~ OC ' ~ ?+~A~~ , . = c~. p ~ „p? . = ~I ~ ~ ~ , . ~ r . = ~ 'i F M . 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