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M.np~. 1w evewi ~ f~retlN~ue +f 1`iu msrtRaRe ~~tl~er tr~fa ~f tilk N t?e ~~et~~e~ ~t~pertr iA eati~~~i~hmee~ u/ ~Ar ind?1N•
edae~ wc~~ Le~y, dl ri~ht. 1itt~ aw~ iMterat ~f 1be Mwt~sr i~ awr ts Mr ~MYffllct p~li~ie~ 11Kw iw l~~rc ~h~U p~u ~w ~l~e
aw
?~re6wt +r ~ae.
(M) Ts ~~p~l MuL ~~ide t~ ~ ewry ti~e rt~l~tiw. •pMw~e~t~, e~wd~tiw awd c~vr.~uwa iw wid p~wniw?~ ~
w~e~ ~wd iw tl~ i~al ~et f~tl~.
lii Tlrt it ~ w~ ~wr ~t a~~wsr 4eteiw rdon~rd M ~.t ~~ytl~ad fr!!~ ~ wi~iw llltron d~~n ~eat
~ttsr tbe wme ~svehll~ bec+ww dre awil My~dls. K if ~ ad ~wq NiPr4tiNU. ~R~ee~e~u. rwd~~i.w~ awd ~~v~uaeu ~f wid
IK!ie~~f Mb as~ tki~ desJ. K ei11~. ~e wN fril ~etf~. eM y 1 i~ .+i~? awl abided br. tie wi~ a~repte ~um maHi~aed ia
~~the
~~ai
~a~peNN ~It bee~e dre a~ ~r~le ~irtrv?id~ K tbe~e~f~ N ti~e optiN +i Ibe Mo„~tr~ee a~ foll~ ~ad ~.mpletci~ M
hee~si~ t~ tie ~ ~a ~aid ~~iwKy w~le ~na ~tipwdly dipd~toi N `e p~id ~w :wl~ d~y. ~~I~t 1~ Nid ~N11MM ~~M
CN~fif~' MtM~~yldlAs.
Ij! Tu~t iw ~eier 1~ ~ecekeste tbe awt~uitr ~f the i~~de?~re~ l~ereb~ ~eauei. bec~we rf ~he (~i1Mre e~ ~Le lll~tp~K t~ ay w~
ax. ~wewwnew~. W?iliq?. ~IiptiN ~e esc~rnbru~re ~pM wi~ M l~ereiw ~~ridcd. et ~6a11 a~t bc aeeewa~r K f'roYNII! th~t
tbe ~~~KtSaltn' ~wU 6nt P~I' tb! NAe. •
Z. Tlie Mortaa~ee mar. at lw optioa, snd witho~K wair?'n~ l~i~ riaht to aooelerate the iodebtedneM herebr
secured aad to foreelo~e the aame, pay citLer befo:+e ot Jter del'~nquiene~ ~nr or all ui those actain obli~atioa~
rcqnired by 1}~ term~ 6e~eof to be paid by the Mo~a~
ot for 16e protection of the nwrt6aae security or for thc oolte~
tioa of the indcbtedneM l~ee+ebr ~ecured. All waa w~dvauoed or paid by the Mortaa~e aba!! be charaed iato the
mortaaae aecount aad become an inte~ral patt t6ereof, aubject in all respecti to the ternu, oonditions, aad coven~oL
o[ ihe a[o~aid promiMOtr note~ and tlw moct~~s. a~ fall~ aad to ibe s~a~e cxteat as thouah a part of the oriRinal
indebtedneM evidenced by wid note and aecUred br tiw tiwet6a~ eaceptia6 huwever, that said sums sha!! be repaid
the Mott~a~ee forthwith upon ib tk~nand aad be in additioo to the naular mot~thly ia~tallmeats pmvidect by the
~nort~xae note.
3. Tlwt tl~e abstraM or abincta of tiile ooverias tb,e rnort~a6cd propert~ s1~a11 at ~II tima~ durin6 the life of
thi~ ~nortgase, reinain in pw~eMioa of the Mort~a~ree and in eveat of tlie foreclosure of thi~ mortaaae or other trawfcr
of titk to the mortgased property in extiu6uishmeat of t6e indebtedness ~ecue+ed hereby, all ri6ht, title and iaterest
of the hlort6a~or in aad to anr suc6 sb~trscta oi tide shall paa to tbe pnrcba~er ot araatce.
4. 7o the exteat oE tbe indebtedne~ o[ t$e Moti~asor to the Mort6asee de~cribed hereia or ~ecund 6ereby,
the 111artgaaee u hcnb~ aib~+o~ated to t6e liea ut liens and to the riahq of the o~~-ncn aad holders thereof of each
aad every mortaase, lien or other ibcumbraaoe on t6e lasd dqcribcd herein w}?ich is paid and/or satia6ed, iA w6ole
or in paet, out of tbe prooeed~ of the loan de~cribed be:ei~ ~ aecnr,ea }~nby. and tlie rea~ectire licos o[ wid mort•
~
licd or other incumbraoee~, ~hall be and t6e s~a~e and each of t1Km 6creb} u praerved aad a6~11 pae~ to and
be held b~ t6e Mort~a~ee heeeiu as kcuritr ior t6e wdebtedn~ to the D~iort6a~ee hereia described or f~creby ~ecured,
to t4e san~e ezteat t6at it ~.onld 6are beeQ pre~erved and would 6ave heen paMed to and been held by the Mort6a6ee
had it been dulr ~ad~ a~i6aed. irana[erred, ~et orer. aad dcli~ered uuta the Mortaasee by ~eparate decd of
aaeipunent, ~wt~vi w; d~e fact t6at tbe ~ame ma~ be ~atiJed and caneelkd af reoord. it beiaa the intentioa of the
~.arties hereto that t6e saa~e will be satisfied aad easaelled oi e+ccord b~ tl~e holdera thet~f at or about the time of
the rrcordin~ of tlw moit6age.
S. Ia tLe evwt the oweenlup of the ~aort~aaed Premi~ca. or any part thec+eot~ becomea vtated in a penori other
than tiu Mortaa6or, tlie '_liori~agee may~ withont notice to t6e Mort~or, deal with such wccasor or succuwn io
intemst w~th reierenee to ihie deed aad tbe debt 6ereby ~eenred. in tlu eame manner aa with the Mortga~or without
ia an~ way ~ltiatia6 or disc6arQa6 t6e Mort6a~or'~ liabilit~ hereunder or upon the debt hereby secured. No sale o[ j
thc prCmisd~ l~ercb mori~a6ed a~d no forbearanec an tbe patt of the 4iort~aRee~ and ao extcnsion of the time for the
pay»ecnt ot the de~ herrbj senu+~d ~ves br the Mo~ee ahall operate to eclea~e. discl~ar~e, modify, chan~e or aQect
the ori~inal liabilit~ of the Mort6a~on c~rein either ia ~r6ole or in part.
fi. 77~ leen of thiu deed ~ecures and ~hall ca~tiane to ~ecure pagrn~nt of said iadebtednae or indebtedaaa.
i~owecer evidenoed, whether by said promi~wc~ note or a~r renc~ral or exten~ion thereof or subtitute therctor~ or
otlierwise, nntit ail such indebtedaeb shall ha~e beea talh paid.
7. In tlie evrn~ the mnrtgngors sell, co~vty or tra»sjtr lhe mortgvged pr~mists drtrin~ 11ie /t~t O~ !JflS )nrn~/~p;,~P,
th~n thia mo~tRaQe shell, n~ t1~t optio~ oJ the 11lortgaget hertin, Gec~me imm~dialely due n~id payable Jor tl?e /ir/l s~~m o/
th~ prrnripa! Galnnce nnd inltrest then dut.
8. The terms "Mortaaaor" and "Mortaa6ee" w6eaever u~ed in this iastrumeat al~all includc the hein, personal
repre~entativea, sneoee~o~ and as~ip~s of the respective partie~ 6ee~eta ~I~erever u~ed the einRular aumber shall include
the plnral and the plural t6e sin~vlaq sAd the use of aay ~ender s6af1 inelude all Readen.
~~~C.~ ~/b~s!!/1 i~ ~
Si d. ~ealed live in the prc~eace o~: (Ssnt.)
.
- - . ~.C.~-v . _ ~ . . . . _ (Sent.)
STATE OF FLORIDA -
COUNTY OF ~Y ~ ~
St. Zuc e
Beton me personally appeared ~ND THORNTON i~ND ELSIE THORNTON~ his wife. ~
to me well koowe aad kuown to me to be t6e individnab de~cribed in and Mr1w exeeuted ti~e fore6oin6 ie~trumeat~ aad
acknowkdRed before me that ther e:ecuted tLe wme for the purpwe~ therein expreMed. ~ITNES~ mr h~nd and
o~icial ~eal ia t6e Coanq snd State lut a(orc~aid this 2
5 Da~ of F ary~ 196?• ~
..:v,?~oin?,,,,
AVc ~ ;~.~~,1! V p/
NARL R. ~RY
NOTARY Pl;FrfC. ~L?T~ . . . . . - - _ bp••;
r ~ •
~Y GOLtls;ISaiCPI EtPlFC:; 1~%t~E ~at Ir,P.Cc .-ii.
.v. ~
Mv ~'.o~l.~l?9~~d'it~EORDED _ a, t~s~ l~tot~rp PnMic. State d ~ „Z`~~~ ° • =
S7. LUCIE COUN7Y. FLA• 30 G? " ; c-
RECORD VER IED / / ~ } J~~ ~ '
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CLERK CIRCUIT COURT g00K164 ~2545
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