HomeMy WebLinkAbout0366 ~ Our file FS-»14,5?2
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2. Tbs ~ort~~se ma~, at 6y optiay snd Mritbo~rt waivw~ bi~ ri~ht to aocelerue the iadebtedaa~ 6eeebp
.scured aad a foe~scla.e t6e s..~e. pay eiz6er beEoe~e~ o~ dier deliaqnewc~ as or all of tl~o~e oertai' oblisatioaa
reqrired bp t6e teeen 6ee+eof a be paid 6~r tGe Moet~~ for t6e praectiaa of ~ mon~ase .ecurity or for tbe oollea
tian af tLe iedeMedaeM bere~ aecured. Al! aua~ ao advaecad or paid br the Moetpaee ~hall be ek~rsed i~a t6e
mortp~e ~ooove?~ a~d beeose ~t int~e~ral Paet t6ee~sot. wbjeat u aU raipect~ to tbe tenus, conditions, snd ooveAants
of td a[oe~aaid t~wiMOt~ awe. aai tlw a~ [allp awd b tl~s wme e~teat as thou6h a part o[ the orisinal
ina
iadcbteda~a~ e~~ bf s~id note aad ~aen y this atoet~~ exeeptiu6 Iwwaver, tlut aaid wnu ~hsll be repaid
tbe Mort~a~te iorthwitl~ upo~ Ia dewawi asd be io additioa to t6e reaular a~oatWy installmeab provided by the
~nort6~~e aWa
3. 11at t4e abstraet or abstrseta of title coveria6 t6e ewrt~a~d Prope~t~ shall at all times, durin tbe 1Je o[
t6i~ mo~s~ re~oaia io poMerioa af ihe Moetaa~ee aad ia ~vmt of tbe foreclowre of thia mort~se or ~ tramfer
ot titie to tbe iao~t~a6~ P~ ~~~6~t af tLe iadcbtednea ~eaired lienby, all nshy titk ~d iatee~at
of tbe Moet~oe ii aad a u~ w~th abwract~ of title sball pa~s to tbe p~rc~er or 6rancee.
~l. To t6e e~etmt af t`e isdebtedaer d the M~i~or to t6e ~No~ de~cribcd 6ercia or seeue~ed 6ercb ,
th
t6e ~ioetg,s~oe is 6ee~eb~r ted eo ~he lieo oe liaa. a¦d to ~,e riaha ot de~ o~.-nen and holden tLee~eof of as~
ud a~ery e~oetas~e, liei ~t ~bean~e an t6e lafd deseribed bereia which i~ paid snd/ar satis6ed, ia wLok
e csi
or ia o~t of the ptooeeds af t6e lo~s de~csibed ~ ae ~red 6eteby. aad the rdpecti~e lie.as of ~tid wort
a
• o~ ot6er ia~oml~aoee.. ~6aU be a~.d d~e wee aad wdr ot the~a bere~ i. pr~aerved and .6a11p to aa~i
-beld b~r tbe Moetp~ee 6e~as as ~eairit~ foe t6e iadeMedee~s to ti~e D~art6,a~ee hercia deacribed or he~lyr~iecured.
to t6e ~ame e~cteat t6~t. it wonld baMe 6eea pe+e~ethed aaa ~noWd 6are beeA pa~.ed a aud beca beld by tbe Mo~e
ti~a ~ a~ar,~ r+~a~. and delivee~ed nnto tbe Moet6abee by ~eparata deed oE
~t, aot~ntl~pa~tbe faet t6at t6e sone wea~ be ati~6ed aad caneelled af e~eo0ed, it bein6 tbc iatentioa of the
pastie~ 6ee+eto tlut t6e ~a~ne Mrill be satisSei aeid woeikd ~t record b~ tbe lrolderr thee~eaf at or abont tbe tiw~e of
the reoo~di,o~ of this a~ott~~e.
5. Is the eveat tLe o+raet~hip of the aortaa~ed Pt+ea~is~,'~. or sny part tl~ereof, becornd vated ia a per~oa othu
than t4e Mors~oq tlie 3i e~ar, ~+it6ont nwiee ts d~e Mort~or, deal wit6 wch weoa~or or auooeNOe~ in
iatereat vrith referee~ee to this aal t6e debt l~~iecnred. iu the s~ax ~nanaer as Mrith the Mort6aaor ~rithout
in anv war ritiarie6 0~ di~ei?ar6ia6 t6e Mort~or'~ f hee+enoder or upon the debt heerbr ~ecured. No w1e of
the p~+emi~e~ hee+e-i~r eeoat~ed and ao iorbearance oa tbe part of die !yort~aaee, and oo exta~sion of the tia~e for the
psya~ent of t6e debt hereb~- sernred ~ires bp t6e Mo~t~a~se ~hall oper~te to nkase. di~cl~ar~e,, inodify. ehaa~e or aieet
the ori~inal liabilitp of the Mo~t6a~ her~eia either i~ a6sie ec ia patt.
Fi~ The liea a[ tlus deed ~ecnrea sad ~all ~aatisae te ~ecan pa~t o( said iade6tedr~ew oc indebtedncK
lio.rerer cwideneed. ~riretber bp said proaw~or~ note oe a~ nae~rd or eztaaioa tl~ereof or wb~titnte _ tbeer.for. or
oeher~riae. nntil aU ~ indebtedeeas ahal! hare beea fnUr paid.
7. In tht ~ve»t the mortgagon stll, convry or era»s/er the mo~tgaged premius during thc li/e of ~liis morlgn~e,
then this mortgagt shall, at the optron of ~he Mortga~ee herrin, become r»~medr4~tly dut a»d puyablt for tht full s~~m o(
the principal balance a»d iate~tst tHtn due. ,
- a. 'l7~e tenns "Mott~~o~r" sad "Moet~ee" rrl~ev~et u~ed in t6is inatrumeat ahall ir clnJe the hein,pe nonal
e+epe~entativp, wooe~ors and awi~ af tbe respecRive paeti~ 6raeta ~/hee~erer n~ed the daEular anmber ~aii 'welude
t6e pl4rai s4d the pluni ti~e daanlaq aad the we of aar ~ender sball ineh~de ap ae~dera
.
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= Si ~ealed d ee~ed i pe~e~eaoe of- '
~ _ : . v' 1 ~ - . Su~
- - - - ( )
- - ,-~'~t ~ - -~-~c~, ~
; ~ STATB OF FIARIDA ~
j COUNTY OF ~'it ~
r st~. zuc~ - - . . - _ - _ - _ _ _ .
~ Beto~+e,.e ~+.ooalh:pp~aral JAMES W. CHILD3 AI~D I'~AE2' L. CHILDB, his Mife
t~ se ~reQ kaoa~ and kea~a to ~e to be the iadividwb de~cribed in and ~rho aecnted the toe~e6~6 a~
; ackooa{edRed bafore a+e that ti~ey ezewted tl~e wa~e for t4e pnrpo~ thee~ei~ racp p1TNBS.~ sr lund .saa {
~ °i~`.i 'e.t " ti6° C°"Rq "d si`ce wc 'r°~e."d ~hi' llth D o Ma h 1 6 '
f ~ 1 9 ~JQI~~i~~~ ~;ci.
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' NARL. R. V - - . . ~v,,;~~
A ERY •
t NQTpI;'Y PUB11C. STATE ot RORtOA st LARGE - . . ~ - - • ,
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~!Y l~AiANISSIpH D(PIRES J U y f • . v- :
p 30. I967..~. asrr Pnblie. ~1~ee ct ~ ~ : fp- ; ~ _
Mv ('•oanwiuio~ Ex ie+e~s . . r. '
~ ST~~EO ANO RECORDED p~!
lUCIE COUNTY 5,
OP.D VERIF!' FIA. "
REC E~ ',,,o:~.
1.53~1~ _ '''~--.«,~;,N:':~~~~~~~
'sT I 6 AM 11: S 0
{~~~~c ~ ~-OftP .S gooK165 PACE 365
CI.ERK CIRCUIT COURT
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