HomeMy WebLinkAbout1460 J
' ' our file 8-14, 395
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M~e1q~. Iw evewl ~t /~~sclNere ~I t6u ~nenpRC ~~tbe~ tew~te~ ~ utle t~ tbe w~MR~~cd pr~peny in catinR~i•hmew~ ut ~Ar ~nMM•
edne...eew~ed ~e~ebr. dl ri~ht~ li1f~ ~wd iplercN ~ ibe MKI~~f i~ qd 1~ ~ar iw~~nme peli~in tlww iw t~rr~ ~h~N pw i~ tbe
'wr6rsr w awae.
l?) To pet~~~w~. ee~p~r ~ritr a~~ abide e~eb u~a e~ehr t6e ~tiMtlNiw. ~~reea~eW~ e~wdiliom ~ad c~vepa~b is uid pr~rniu~r~
mt~ ~ad iw t?i~ de:d ~et tKt6.
li1 '1'h~t if M~ Mi~ ~~ar ~f a~~ae~ ~e?ciw rete~nd t~ bt Mt «~ppttl aat fi~llr ~si~ ~ritl~iw Atl~rn bri wcst
~fter tbe woe ~erenll~ bet«ue~ dre aad MYadk. K i( utl~ awil ~venr ~y pip~4ti~µ •Rreca~eMS, r~udniuw~ a~~ ~sv~wat~ ~1 Mid
P~!miM~7 ~te a~~ 16i~ deed. or citbc~. ae Mt trll~r pert.~ned~ swr~1;.~ Mi~ .nd .bider br~ tre wid a~tepte ~um mentioned iw
~~J pnw~i~r~ wts ~a!! bee~me d~e aw~ p~ra6le (irtbritb w ~bt~wf~r u tbe optie~ .f tl~e Mon~ta~ee w tallr .nd r.~pl~~cly
i( ~be s~iJ ~~t ph ~wn et said kawi~~ w~te wa~ ~ri~i~ullf ~tipalat~ t~ be o~id w~ ~urA d~~. awr~ki~~ iw wid prMiw~q ~e
e~ heteiw t~ tie eswteuy aearitlatandin~.
III Th~t in ~eder t~ aec~elerste ti~e n,atnri~r ~I ~6e iwdeLteiew bersby ~ec~reJ, beeawc rf the t~ilure of tl~e ll~rtlt~~ ~a Wl ~f
a:. wcwine~t. ILbilitr. ~6lipti~w c•~Wwbran.e ~.i~ ~rpenr. r I~ereiw provided, it ~hsl) nw be eeeeMary K nauuitc dut
thc ~nwtsaRee ~b~ll 6eN p~~ the Nrae.
2. The 1ltortsa~ee may. at his optioa, and witl~ovt waivin~ Wa tiaht to aaxlerste the indebtednea ~~br
secured and to [orecla~e the saaie, par either before or aitec delinqueQCy an or all of thoee certain obli6ationa
reqaired by the teran~ Ikreof to be paid by the Mort~a~ar [or the protectioa ot t~ n~ort6aae security or for the ooilee-
tion d' the indebtedneN hee~eby ~ecured. Atl suaui w advanoed or paid by the ~l~lort6agCe shall be cha~6ed into the
~nort~ge aceount and becoiae an integrat part ihet~ai, aubject in all respecta to the ternu, conditions, aad covenants
oi tl~e afoee~aid promiswry notc. aad thia mort~a~c. a~ [nlly and to the same e~tcut as thou6h a pan of thc oriRinal
~R(ICbIEd~llr evidenced by said aote utd aecne+ed by this mortsa~e. e~ccptia6 huwe~~er, that said sums ~hall be n:paid
~he Mortsa~ee forthwith upon itt den~and and be in addition to tlu reaul:r n~onthly ia~tallments provideJ br the
~nort~ae note.
3. Tbat tbc abstract or abstract~ of title coverin6 t6e mort6a6ed propcny slull at a11 tima~. durin6 the life o[
thu ~nortga~ nmain in poMewon of ihe Mort6a6ce and in event d" the foreclosure of thi~ mon6aae or other trawfer
o( title to the moct6aaed pmperty iu cstin6uishment of the indebtcdnes~ secured hereby, all ri6ht, title and intereat
of the 11~oct6a6or in and to any such :btracb oi tide ahall pas~ to the pnrcLaser or grantee.
4. To the extent of t6e indebtedne~s ot the Mortaaaor to the Mortaaaee d~scrihed herein or secured 6enby,
the 1liartga~ee i~ hereby wbrogated to the liea or lieau and to the ri66b of tlie o~.ncn and holders thereo[ of each
and every ~ort6a~e. liea or other incumbranoe oa the land de~cribdl hercin ~?hich is paid and/or satis6ed. in whole ;
or in part, out of tt~ proceads of t6e Iwn de~cribed het~eio or ~ecnr~ed }~ereby~ and tl~e respectivc lieas oi wid niort-
Ra6d. Ge~ or other incumbranca. s6a11 be and tLe ~ame aad each o~f them henb} i~ ~~rcaerved aad shall paw to and :
be held b~ t6e Mort~a~ee hee+ein u security for t6e indebtednesu to the lliort~agee 6erein described or hereby ~ecured. ;
to t6e same eximt i6at it ~+ould 6ave l~eea pre~erved and would have I~~en paMed to aad becn held by the Mort6a6ee ~
i~ad it been duty and etiRulady aaap~ed,. truuferred, set over, aad deliren~d wito the Mnnasae~ by ~eparate deed of 1
~iawnent, not~vitlutan~in~ t6e fact that the same may be ~ati~fied aad caaeelkd of record,;~ bein6 the intentiou of the ~
~?arties hereto that tl~e same will be ,~atisSed and canoelled oi recotd by t6e holdcn thereof at or abont the tia~e of
the rrcon~iaR d' this mortaaae. _
S. In the evwt the ow~enhip of the mort6aaed pnmises, or aay part it~ercof~ bernmcs vested in a pcnon other
than tl~e Mortgaaor. the '_lfort6agee may, withoue nocioe to d,e Monasaor, deal with aueh succdeor or eucceMOn in
intcrcat N~th ntennce to this d~ed and the debt hereby ~ecnnd. in th~ +ame manner aa with the Mortga~or without
in a»~ waY ~itiatin6 or diac6ar~qin6 t6e MoriRaRor'~ liability kereunder or upon the debt hcreby secured. IYo sale of
tl~c i?rCmisd~ hereb • raort6a6ed and no forbearance on the part af the '.ItortRaRee. and no extenrion ~e time for t6e
payment of the de~ her+cb3 secnred ~ven by the Mortaa~ee shall operate to relea~e. di~char~e, modiip; ~han~e ~a~ect
the ori~inal liability of the Mort~w~or herein either ie~ ~vhde ot in part. <
fi. TI~~ lien of this deed eecu~ and shall coatiaue to ~ecui+e payment of said in~Aedne~ d~ r~. ~
l~owe~er evidenced, whether by ~aid promissory nou or a~r renewal or e:tension thereof 7~~su titute ~ or
otl~erwise, natil all such indebtednc~ shall have been falh paid. n t.. ~ ~
w ~ O
T. In Nrt e:~ent t/~e mnrt~a~ors stll, cortz~ey or trans/er ~he ,nortgagcd prtmises dr~rlnG ~ Ji o/ l1 ~n~,~~~e,
tlren this mortqnQe shrrll. Rl [!re oplion oj 1ht Atortgn~ee herein, Leromt immediattly duc R~td ~~1 ~re rr?t*t~p/
rhe principa! Lnlan~e arrd inttrest then dut. ~~0 3
8. The terms "Mortasaor" and "Mortaaaee° ~r6enever uaed in this instrument al~all ii~~~~i '{~l
trpre*entatives, suceeewrs and assi~prM ~?f the respective parties hereto. Wherever used the einR~Pnum1?ets Q~ie
t h
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~Jitness as to lsworth and m
I•: ude Mills; s Elfrieda Davis '
Si d eea a e ve in the prese _ _ (Sg~j,)
_Q - _ . . _ (Ss~L) - :
'•ti'~ ess as to k~illiam E. vis Q~~%~`"/ _
~ C F~~~ ( aEhi, } ~
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STATE OF F RIUA , . ~ J~~ ~ ~
F
~.~V~~ ~ '
St. Lucie ~llsworth Mills and Maude Mills, his wif.~.'~'~. ~AI ~
Befon me penonally app~,~d Elfrieda Davis, formerly known as Elfri~ri"~1'~~~i~.j~.:j ~ ;
to me well known and known to me to~~ia~~~iln~l~'i!~' c~ed~i~'~ ~~cure~~i'e~5re6oi~,
:~~}ts ~
adcnowledRed before me that they ezecuted the same for the pu~~ t6ereia e . R/ITNE~ : a~r~.~y~~.~
,```~~~~~~~ieat in the County and State la~t a[oraaid 14th Day Of J2iri aTy ~ 1~: ar~ r• r- ;y: -
o,! :
` ~`f s N~RL R. kVERY • ' `
~ j~jOTARY ~~F=1C. STi~'E Cf F:~~..1:)~~ ai ! AR~E . , _ ;
J~~A _ Y• T,~'/ Cp;;,'.~1~~:.., Er:.~;ES l~~iE 3~. 1~57 - - y~ . ' i
~~t~ t~~yC .tio~:E: ina: i 3 . Noary Publi $
~ ` O, t'I~ ~ :
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'fr.. ~
me personall~peared William E. Davis, being the husband of ~
~~~i~~p ~~avis, formerly known as Elfrieda Mills to me well knov~n and ~
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kndr~r~ o me to be the individuals described in and who executed the fore-
goirig instrument, and acknowledged before me that he executed the same ~
for the purposes therein expressed. WITNESS ~y and official seal
in th~ County and 3tate la t aSore si this ~ ~
N~y Commission ~pires : ~ lv 9' ~~~r
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; ~.~X-G'~f~.J ~'~y----ar. • ~^<.G! . ~/~l~i~{~~ I a~i ~ ~
r . ~ ~ ~ooK 16~ Pa~F ~ 4
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