HomeMy WebLinkAbout1889 ~ ' Our file•FS-14,468
IN~~tppr. Iw tvtwt ~f f~etlN~ue Ibiu m~tip~pt ~~t4er tt~f~e ~1 tilb t~ tl~a o~KtR~[~, PhP~etr iw ~alieRui~hn~~n~ aI ~hr ~wd?M•
cdwer ~ecw~ i~ere?~. all ri~. ~i~k u~ iwterew ~1 ~he MKt~K i~ Md t~ awr IMYffM'~ Mli~ia tlK~ is fen-~ ~h.ll pa.. a tre
'YKbMtf 1K Sf~wNl.
l~l T~ ~ee1~. ~~P~7 ~ritL wa ~Lide eKl~ a~~ eveq tbe ~tiNt~tiMS. a~~u. aws~i~i~a ~ad c~veaswa i• wid p~Nniw~~
e~t~ ~wd iw t`4 i~ed ~et f~tl~.
lil '1U~t it a~ ~f w~ ~f s~ae~ `ereiw eele~ral t~ ~s Nt K~t1 a~ (Yll~ ~~rit`iw flttrrn d~„ wea~
dter the wwe ~sve~ll~ 6ee«s~ dw aw~ ~+7able. K it e~ ar sreq ~~tiwlNiw. ~i~ecwewt~. r+ed~tiw~ ~wa ~~veuaeu wid
~c~iM~ ~ a~i t~is Jee~. w either. ~re w~t frll ~~~i. tat+llw~ ~+itL ~ abi~ br. l~e ~ai~ auteple ~~a~ ~nemiowed iw
rid p~iM~ry w~N ~WI beeuwe dre a~ Mr~We ~eet~~ritr ~t tl~ere~f~ N the opi~w d tbe N~~tRaRee ~ l~lir ~ad ~~mpletelr M
if ~be wi~ ~epa w~w ~t ~ai~ K~wiwK~ wNe .ra~ Kipwdlr ~tiwlMe~ be o~d ~w s~b d~y. ~wr?i~~ i~ wia p~~wiw~7 ~Ns
or bcreiw t~ tre e«Mrwy w~twidrtu~dia~.
l J' 1 Th~t ie ~eJe~ ~et~slehte d~e aut+rit7 d ehe iwdeNsi~ew ~1 ~cJ. becs~ue d the t~ii~re ~f tlie llwlp~t~t t~ W7 ~1
t~x. ~ew~nent. Wl~ilitr. ~?lipti~w K esedr~branre rp~w wi~ ~e+~e~t1. r herei~ pnvided. it ~Asll wN be aeeawry K Kq~i~i~e ~k~t
Ihe u~~ts~1eK ~lyll 6ew pq tbe w~e. .
2, 'P~~e Moct6asee may, at his optioa. aed witlw~t waivia6 Ws risht to accelerate the indebtedaeM hereby
eecused and to foreclo~e tLe sw~e, pay eit6er befoce ot after del'inqueacy an or all u( thoee oertain obliaations
reqnired br t4e tenra 6ereo[ to be paid by tl~e Mo~a~or for tbe protectioa o[ i~ p~~+a~~ ~~her o~ ro~ t~ ~i~a- ;
tion of the indebtedne~s Lercby ~ecured. All waar ~o advanoed or paid by the Mort6a~ce sh~ll be charaed into the
~nortga6e account aad beoome aa intc~ral pari t6ee~eof, wbject ia ap respect~ to the tern~, conditions, and coveaants
of t6e aforesaid pe~o~ni~aory aot~ and tlw m~ ar [nUp aod to ti~e ww~e extcat ss thouah a part of the oriRinal
indebtedneN e~-ideneed by said aote and aecured r tha mortsa~e, e~coeptin6 huwever. that said suma shall be repaid
the Mortaa6ee forthwith upon its dewand and be in addiaon to the reaulac moathly installments provide~l by the
~nort6~ae oote. _ ' '
3. That t6e absiract or abstracb o[ title ooverioa t4e rnort6a6ed propert) shall at ~II timati durin6 the life o[
thu ~nort~a~. remain in poMewon uf tlie Mortaa~ee and in eveat oi ihe Poreclosure of thia mon6ase or other tranJer
of tide to the ~uort~~d p~r~y ;a exuna~i.h~„~ of ~re ~d~b~~d~a. .ec~~d h~nby. all ri6ht, title and intereat
of the 111oct~or ia and to any wc6 abstracts of tiile ~l~aU pab to tl~e pnre6a~er or ~antee.
4. 'I'o t6e extent o[ t6e indebtednw u[ t6e Mort~or to tl~e Mort6a~ee dcscrihcd herein or ~ecund 6erebr.
ti~ r~ortg~~re u 6es~eb~ wbro~ated to the liea oc liew aad to the rialta uf tl~e o~.nen aad holders thee+eol o( each
and everr mortaa;e. liea or other iacumbranee on t6e laad described herein which is paid and/or satisfied, in whole
or in part, out o[ the prooeed~ o[ t6e loaa de~cribed bee~ei~ or ~ecurcd h~roby, Aod the napcctive liea~ o( ~aid mort•
liens o~ other incumbnnea. s6a11 be aa~ t6e aaa~e asd each o( thern hereby i~ p~eservcd and s6all pw to and
b~e
l~ield by~ tbe Mort6aaee heer.in as ~ecarit~ for tbe indebtednus to the ~iort6a~ee herei~ de~cribed or herebr securcd.
to the same exteat t6at it r?onld have 1~+ pre~ern~d and wwila lave l~een to and been held by the Mort6aaee
had it been duly and ad~ a~si~~ed. trandernd, ~et orer, and deliv uuto the Mortaa6ee by aeparate deed of
aaei~u~cnb not~id6~Nan~' t6e fact that the same ma~ be a~wfied and eanodkd or record, it bein6 the intentioa of the
~.arties her~eto that the same wil!- be ~atisfi~d aad c~soeDed of reconl bp the holden thereof at or about the time of
the ncordin6 of thi~ mortpae.
S. In the eveat the owoenlup of the awrtaaaed prcmi~e~. or any part tl~ereof. becomes veated in a penoa other
than tl~e Moct6a6or, the'_liortaagee -may, ~rithont aotiee to t6e Mort6a6or, deal with wch succeMOr or sucewon ia
iutercat M-ith nierenee to this deed and the debt hereb~ ~ecnred, in the same manner aa rrith the Mortga~or without
in any way ritiatiaa or discharpn6 t6e Mortsa6or'~ 6abilit~ b~reundcr or npon the debt henby secured. No sale of
the pramiaeR het~ehs mort~a6ed and no forbearance on tLe pa~t of the !NortRaRee. and no extemion of the time [or the ~
payn~ent of the debt hereb~ secnred aivea bJr the Mortaa~ee s6a11 operatc to relea~e. discl~ar6e. modify, chan6e or alFect
the ori~inal liabilit~ ot the Mort~a~or henia eittier in wrlwle or in part.
f?. Tl~e lien ~f thu deed secuns ae~d a1u11 coatisae to seaire paymeat oi said iadebtedne~ or indebtednea.
I~awe~er evidenoed, whct6er by s~id prwniMOrp note or aay rea~d or extemion thenaf or subtitute therr.for. or
othcrwiee, nntil atl wch indebtedoeas ahall ha~e bee~ (allr paid.
~ T. In the rvent tl~t mnrtgngors s~!!, cnnvey or transJtr lht mottgoged premises durrng thc lifc oJ U~is ???ort~~+~~.
4 tlr~n this mortRngt shnll, nt the op~ion of the ]Ito~tgagte hertin. Gtcnm~ ~mmediaetly dut n~td payable for th~ fir/l sum o~ :
; tht p~incipn! Gnlance ~nd inttrest t/ee?t dut. ~
8. The terms °Mort6asor" and "Mort6asee° wi~esever u~ed ia tlw iostrument ahsll include the hein. penonal i
repre~eatatives, sucees~ors and axipo~ af the resPect~ve partid 6ereto. ~herever used the eioRular numl~er shall include ~
the pinral and the plunl the un~lar, and the use oi any ~ender slu11 inelude all Readen. ;
!
SiRne . ~ealed a d in preseace of: _ _ ~
r F
- _~eG~~2~.Gat .uJ . . . _ (Ssr?~) ;
~ ~ • ~ ,
:
. -~~-r-----~-----.---.- ~
STATE OF FiAR1DA ~ ~
COUNTY OF ~
St. I~uc yq~~g M, ~gyEg and G~08GIA F. ~EQ,__his uiie
Hetore me penonally appeared
to me welt kno~rn and knowa to e~e to be the individwb dacribed in aad who esecuted t6e [oreaoins in~trnment, iwd
ackoowledRed belon me that t6ey executed the saae for tbe parpo~e~ thee+eia expre«ed. ~ITNE~C mr h~ad and
oieial ~eal ia tl~e Counq :nd state IaK a[ore~aid tlw 4th Day OT T1ietl'9~ 1.96~.
~ , . -
~ NARL R. AVERY . ~>`~,f Q1 ~'o~''~~,, ~
~ tiOTARY PUBUC, STATE oi FIORIDA at IARGE ~ " " " " " ~ ~ ~
-1 ' ' ~
MY COMMISSION EXPiRES JUNE 30, 1967 'Jf -]v ~
Mv ~'.ommiaioa Espird: . . . _ NMsrp PabKc. ~ ~ ~~Q, ~ ;
~ r ` -j~:,, =
FILfiO AND RECOR ~ ` t'~ O ~ ~ •:'y
~ ST. LUCIE COUNTY. F A. = G;._
RECORD VERIFIE ~ ~ -
. . ~
~ ~"'~~:,,,~,i~.~,,.~~
'61 FEB 14 AM i l: 19
=,o :E_?t = o~T~~s ~'s2'?'45
CLERK CIRCUIT COURT 600K164 PAGE1~~ /
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