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HomeMy WebLinkAbout1201 • . ` ' Our file 8-14,388 MKtpMt. b sraN ~f /Keel~e +f ~ti~ m~rtRaRe w~t6er trwf~t ~f Utb t~ Il~e MKtII~i~ ~p~y i~ eatia~~i~a~ee~ af dK iwd?.bt• ~d~w ~eevel ~by. dl ti~ht, litk uwi iw~erw ~f 1be MsNRytK i~ ~ t~ w~ iwak~wce pl~eiw tl~cw iw I~r.Y abal) pw u tM N~I'tVMf K ~fMNl. 1', l~~. ~MP~7 ~+i~ aM1 ~?iae ac~ ~i every d~e ~tiw4tlw. ~~re~e~ts, e~w~i~i~w~ awd c~vcw~wb is aid pr«wi~~ w~t~ ~wd i~ ~ ~ed ~et /~tl~. ti? Tlrt it w~ ~ w~ ~~r a~~ ~ereiw e~etw~ b L~ w~t p»~/t! awr tYllr ~.rf~iia Attrrn ~a7~ ~st d~ t6e wMe ~ereedl~ rec~M d~ aMl M7+~. K 1t ~~wd swe~ ~~4ti~. ~~earewt~, e~wd~~i«N an~ e~v~-wwa ~f w~ P~wiw~~ uN a~i 1ri~ ie~. w ei~. a~e ww lrll Md~nw~. c~yli~i r?i1~ aa1 abiie~ bf. t?e wi~ ~~np~e ~yre ~ncwti~ws~ i~ n ~itl~e Mt~ i~~sM ~~Wl Ne«we dre a~i Msarle ~et~wid~ K tMn~f~ N t6e vpti~w ~i tbe ~lenRa~ ~ frlir •wd .~«n'le~elr ~ ~pepN wr ~t s~i~ K~iwwf ~e .nr ~riPdb t~ bs w~i ~w wrh d~y. MytW~s iw wi~ pr.wiwe~r ~ s~ he~eiw h tM ewtnry w~t~rielMt~wdiaF !j! Tbat iw ~rier ~s ~ee+le~ste t4 ~wt~iq ~t t6e iwi~?1~nr I~f ~a~oi. bee~we d the faihre ~f tM Y~ttpRK N7 y~ t+:. wewne~M. IiJiWp. ~?IiptiN w ewerwbranre ~p~ di N'~NA7. M 4erei~ Nnvi~e~. it ~hall a.~ bc weawq K n.q~wite tlat thc u~~tt5~l[ee ~11 fint pn tAe sso~e. 2. T7ie Murtaa~ee mar, at his optiao, aad witbw~t wairu~ Ws risht to aooelerate the indebtedow herebp ~ecured aad to ioe~eclae tt~e ~ame, Mr eitber beiore o~ atter delioqueacy aa or all of thwe eertain obli6atioas reqaired by tbe t~ 6eeeof to be paid by the Moet~~ for t6e pratectioa of tl~ ,~u~er ~ r~ t~ aou~. v°'? the indebtadne~ hee+e~r ~ecared. A11 wm. ~o +idrasocd or psid br tbe ~1lortaagex ~hall be charaed inta tlie mortaaae aocount aad beoo~me aa iateaeal part t6ereof~ w~bject u at1 reapecta to the tenas, co~ditions, and coveaants a[ t6e dore~aid pr~m~r?~N~OC~ aote, and ehis e~~~e, a~ [nU~ snd to t6e s~me e.~teat ~houah a part o[ the oriainal indebtedneN e~-idenecd by said noLe and secti br this awrt6a~e, execptiua huwever, that said wms shall be repaid the Mott~aaee fo~thwith npoa iq de~uand and be ia additioa to t6e resulae moatbly instaliments provide~l by the ~nort~se note. . 3. T1wt tlic abstract or abstrscta d' title ooverias t6e mort6a~ed Propert~ sliall at all times, dusio6 the life o[ t1w ~nortg,a~e. t~nain in porerim of the Mortpsee and in eveat o[ the foreclosu~+e oi thie mortaaae or othe~ trawfer of title to the wort~a~ed ProPerty ia ractinsuisha~ent of tke indebtednaa aecue+ed lier~eby, aU ri6ht, titk aad interest o[ tl~e ~orts,saor in and te an~ su~h ab~ttact~ of titk shaU pa~ to t6e pae+cba~ee or 6raptee. 4. To il~e exteat of t6e indebtedna~ o[ t6e b[o~o r to the Mortsa~ee de~cribed hercia or ~ecund 6ecebr, tl~e aioct~,s~ee is hercby wbro~ated to the liea or liao~ and to the ri~ha of tl~e oa-nen aad holden thee~eof of each aad every mo~ liea or other uoc~nbranoe on t6e 4ad deacribcd herein ~+h+ch is paid and/or saw&ed. ud whole oe in paR, out o[ tLe ptooeeds of t6e load de+cribed ~e~t or ~ecnred I~ereby, aad the reMectirc liew d said nwrt- aaae~, lie~ or other iaaimbranoe~, dull be aad t6e Nme aod each o~ theai l~enb~ is praerved aad ~6~a11 paM to md be held by t6e Mort~aee 6ee~eia a~ ~eeuritp for the indebtedn~s to tbe ~iort~aBce haeeia described or hereby ~ecured~ to t6e same ezteat that it ~?onld 6are 6eea pre~erved aad woald have I~ep~ paMed to and been heW by the Mort~aee had ic be~ duly ~~~~~t.ar ~«~a, ~,~.r~~a, a~~;.ered us~to t6e Mortaa6ee by ~eparate deed o[ diaa t6e fact that tl~e ~a~ne mq be atis6e~1 aAd aaoelkd ot taoord, it beia6 the intentioa uf the ~,artiea liere~o that t6e sae~e ~rill be s~tis6ed a~d aaoelled af' nbor~ b~ tbe holden thereof at or a6out the time of the rrcordin~ of tius moei~a6e. S. L~ the event the owaersWp o[ ti~e mort~~ed Pe~nisn. or aay part tlxrcaf, becoma vested in a penoa otlier than ti~t Mort~r, the '~io may, witliont notioe to d~e ~Iottaaaor. de.~l with wch suecerwr or sueoewon in IOtE[d~i N`lVl i'E~CrEtkE t0 f~ and tbe debt 6ee~eb~ aecne+ed, ia tl~e sxtne manner as ~rith the Mort6a6or rvithout ia any war ~itiatin6 or dise6ar~ia6 the Moetaa6oc•~ liabili~~ 1~erennder or upon the debt hereb~ ~ecurc+d. No wte of tl~e premise~ hereL nzort~aSed and no forbearanoe oa d~e part af the Morqya6ee, and no extenaiow of 1he time for the paynemt of tlie d~ henb~ ,ecnred aive,. br the Martsa~se ~hall operate to relea~e, di~char~e, ~nodify, chan~e or alEect the ori~inal liabilit~ ot the Mort6w~or hereia eithu ia w6de or in pa~t, fi. 'l7~e liw of thu deed ~ecu~d and sball eo~Ltisne to weore payMent oi wid indebtedne~ or indebtcdne~a, l~owe~er evidenoed, Mrhether by uid prwniMOCp note or anp resewal ot exta~aoa ther~eot oc wb~titute therrlor. or otherwise. nntil all sneh iadebtedseas ahal! have been fullr paed. T. In tl~e ~venl the mnrlQngors stll, conv~y or transj~r the mortgagtd premi.us di4ri»g Ihe lije oJ tl~is n~or~,~n,•e, then this mortgage shnll, nt tl~~ optron oj the 11lortgag~e herei», become imm~diatdy due nnd payablt for tht /u/1 sun~ o( the principal Gnlanct nnd inttres! thtn dut. - - a. The terms "Mortaa~or" and °Mort~~ed' w6eaever u~ed in t1u~ iostrumeat shsll incln~le the I~ein.pe nonal ~+epre~entative~. suooeswrs and as~ipr of the respective pactie~ 6ereta ~1~ee+erer wed the ~in6ular number shall include the plnnl and the plural the sin~nlar, aed the u~e of aay ~ender s6~11 ine~ude all ~endera Si~p~ed, seakd and deliveeed in the preaence o[: ~~!~~~i~~'-~w (St~?L ) - . . ~"~~e~'e~~. _ (Ssu.) ~ ; ST OF F IDA COUNTY OF ~ ~ ` St. Luci ' ~ Befon me pe o1~ red xobRe~~P Jt S~e~x}ton an~t ~'re~das Se ton,,_ ~ia W~fe to me Mrell kao~rn known 1~~~ b~~he~ndi-inr'dnaLSd~eb~ed mi nd who eiecu g ~ fdrean'~ w~eNrna~~ and ackaow1edRed ore me t6at ther ezecuted tbe same for tbe purpo~e~ t6ereia eacp . ITNES.~ ~sr hand aad oicial ~eal t6e Couaq asd State l~t don~aid tba 5th Day of J ary ~ 967 NARL R. AVERY .E " NOTARY PUBLIC. SiAT.E ot fLGR40A at IARGE r IA'f CO~AMISSION EI~PIRES JUt~E 30. 1957 `~`>>ZZtS`, 'l~Fr~i~ MY ('.ommiasios Expitd: . _ Not~~? Publ State : • ~r s^ ' C' . EO ~-3~'6~ L 3~~~'~ _ FILGO ANO RECOFiD ~ ~ n`~ ' ' " ~u ' : / Y' : t. ST. I.UCtE COUNTY. R~.~?• r O- RECORO VERIFIED ; ~::y Q ; 152305 : ~ ° r~ '6T JAN 30 P . I 1 r~ GFR i~017RA5 600K1V4 PACE~~~ CIERK CIRCUIT -COUR'f ~~~--~-.~~k ~ ~~.-~-.~~-~u ~ _ . ~ ~ ~ = _ 'b <"~Y."+