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Our file FS-14,6~8
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adw~ a~e~ M~~.?y. .U .isM, ~I:k u~ i~crat .t tbe M.~t~ i~ a~ .q i.wr.~ee ~.I~ie. d~e~ iw I..r+ .1~.11 a.. t. ~t
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l\) T~ Ndw~. a~l~ Mrit? a~ dide ~ awi ereqr tl~e ~wl~tiw. e~w~itiw aw~ e~rcwawa ia aid p~miwq
•.te wl i~ tW i~ei art f~ed1.
!I) 'llrt it ~yr wr ~t ~~y rerdw cde~re~ a M Mt ~wtl aw~ frll~ ~si~ .ritlu• Aft~a Lr ~eu
e
~fae t`c Mw~ MwhU~ we~ww ~t ~ rf~M. K Y ae~ awi ~wq' ~tip~iM~w. ~acarc~u. ~~tiw a~ ~v'wwa al s~i~
N~7 MN a~ tY~ K cldicr. are wN Id! ~a1~n~ed. caiyli~ abiie~ ?r. t`e s~i~ aqrepte .rw w~ewtiowea i~
Mld ~f'~IMC.~ ~/M ~~!M! MIi M7~Wt ~N1`MIt1 K II~C(l~IMt M IwQ MIIN ~ l~! ~IN1p~0! M~rlly ~11+ ~~tt~r r
it tlw ~y~qN~ w~ ~f ~ail ~«wiwry wMe ~ra~ Kipwdt~ ~ti/d+1aJ t~ ie o~ a~ d~~. aw~iws i~ pi~ K«~iwr~ MM
.r I~Y~ a 1~e c+watn Mtaidrt.e~iw~.
l1) 'N~~t iw ~t~ e~ ~ta~kr~e d~e ayt~itr ~t t`c i~d~?NieM ?u~~ ~ec~ei, bce~wc d ~hc tail~re ~f tiw MwtP~ N~ ~Y
wc. we~aeM. N~iliq. ~illptiM ~r swcrr~an~e ~~w w~ ~rtf. ~ l~ereis ~nri~ it ibap ~`e wee~~ K n~i~iu tl~t
tLe a~wl~~eee ~dl fi~M Mf I~i~ w~a
2. 'r6e Moet~~ee ma~?, ~t hi~ optio~ asd ~vitbo~t ~raivu'~ !w ri6ht to aeoelerate ti~ indcbtedsw hereby
.ec.ue~ed and a fereelo.e ~6s .aae, pay eitl~er be[oce or dter delinq~eocy anr oc alt ot thu~e oe~tais abli~ationa
req~.irsd by ibe ~.e. 6eceot ~o be paid by cl~e Mo~~s~r for t6e pratection of the moitaaae ~ecurity o~ for tl~e oollea
tion ar tLe iodebtedaa~ here~? aea~red. All wmr ~o advaaocd or psid br t1~e Moctaa~e shall be char~ed iato t6e
n~ortp~e socouot aad beoow~e aa inte~al pa~t tbereot. wbject ia a11 rapeeti to tbe tetua, ooaditions, and eoveaant~
o[ t`e afoe~e~aid perwi~MO~y sote, asd tlw ~a~e, a~ [alip a~d to tl~s ~aa~e e~teas u thbu~h a part a[ the orisinal
indebtednw e~-idenoed br s~id note aad aew~i+ed br iLis a~ort~e„ exocptina 1~uwaver. tl~~t said wau shall be ~epa~d
thc Mottsa~ee fwthwit6 upoa its dea~aad aad be i~ addidoa to the reaular n~oQ~hly inatatlmenb provide.l hy the
~no:t~~e aote.
3. T6at it~e abstract or ab~tracta af titk ~overin6 tde mort6a~ed Propert) shalt at ~il time~, durin6 the life o[
this rea~aio in poreMioa of the Moctaa~ee asd in eveat of the ioreelowr~e d thia ~nortaaae or othet ttaafer
of titlea~ to t mu.~.~~ed pr~ertr iu extin6uisha~mt of tbe indebt~dna~"s ~eeured I~ereby. all ri6ht, titk and interest
o[ t6e Moctsa~or ia at~d t~ anr wcl~ abNract~ af title ~haU pa~s to t6e pnrcha~er ot 6raatce. _
To tlre arteat ot t`e is3ebtedsa~ o[ t6e Mo~o~ to the Mortga6ee de~cribed 6erein or ~cue~ed 6erebr.
the 1lioat~~ee i~ bereb~ e~ed to tl.e Iiea o~ liens aad to ti~e ri~l,a o[ the u~vnee+. and holdus ehareof at eacl,
and_ arerp ~o:t~e. tiea oe~er i~cumbraooe os t6e laad de~cribed herein which u paid and/or wti~6ed, in w6ole
ot iapart, oat a( tLe preoeed~ of tbe loas de~cribed bereit or ~ecnred heeebr. md tl.e respecti~e liaa~ aE wid nwrt
sa~e~. iieo~ ar othee ina~mbrasoe~. ~all be aad tbe w~se asd ad~ d' them l~ereb~ u pre~erved aad ~6ai1 aM to asd
be 6ela bT tbe Moetp~ee 6eew as ~earritp f~ t6e ~ to t4e ~ioetp~ee herein deacribed or he~ ~eeured.
to t6e s~eae eztest t6~t it ~on1d hare I~eea pre~ernd aad would 6ave I~eeapawed to and beew heW br the Marta~ee
hsd it beea duiy aed ~ aw~ed. traaferrcd, ~t o~rer. aud deli~ered uuto the Moct~~e by ~eparate deed of
~:t~l
e~~eto tlut dre saewe wrill be ~atis6ed aad~casoeDed ai e+ecord by t6e l~olders~lurtof atttor about the tis~e of
t1,e e+roordio~ oE tkis s~eet~e.
S. Ia ti~e ere~t the owsenhip of the mo~ed pren?isn. or aey part t6ereof, becoma rested ia a penon ot6er
thure die Mort~ur. the ~i may. r+it4oat aotiee to 16e Mort6aaor, deal ~.ith wch wcoa~or or wcoa~on in
tptCtl~ M'itll l~EECI'EflCE t0 tllw'~d aad the debt 6eeeb~ ~eeueed, ia t6e same manner aa ~rith the Mort6aaor without
in a~~ way vitiatin6 or di~chac6in6 the Mortaa~'~ tiabibt~ 6ee~ennder or upon the debt hereb~ ~red. No ~ale of
the pr+emi~es he~n~ort~aed and no torbearance m the paet af t6e '.NortRa6ee. and ao extearion ~f the tiiae for the
paywee~t of tbe herebj aecne~ed br t6e Moet~ee ~l~aU operate to nlea~e. di~el~ar~e~ n~odify, chaaae oe a~ed
the ori~nal liabilit~r of the Moet~~or hercin eit6er ia ahaie er in paet. ~
The lita of ihis deed ~ecue~es and ~6a11 eoatiaae b~ecue+e paymeat oi said iodebtedneu or indebtedne~ , ~
I~owerer evidenoed. ~rhetl~er bp said praai~orr aote or aa~ reae~?al or e~aon tbereof or wb~titnte tbeer.[or. or ~
ochtrwi~e, nntil all aacli indebtedseas shall hav~ beea ~nlh paid. ~
T. In ~he tv~nt !ha mor?gagors sell. convty or ~ransJtr ~Ire mortgug~d premiscs duri»g the lr~e oJ ll~rs morlgnLe. ~
then this mortgagt s1+nll, a~ tht option of the Mor~gag~t h~rtin, Gecom~ immedintely due and payablt for tl+t Jt~ll sune o/
the pri~cipal 6nlance and i»t~rtst then dut.
a. Tbe te.rms "Mort6aaor" aad "Moet6a~ee" ~?6eaever u~ed ia tlw iostrumeat silalt include the heica,pc rwnat
repre~entativ«, ~aeeeMOes and a~p~s ef the respective putie~ 6e~+eta ~hee+erer iaed the ~iaanlar number ~b~U inclnde
tl~e plaral aad the ptnn~ t6e wanlar, and the we of any ~eeder s6d1 inelude all Rwden.
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Si ~ealed and 've i pre~enoe oE: - . . - . - - (S~?r,)
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- - - . . . - (Sw,)
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STATE OF FLORIDA ~
COUNTY OF
- - St. Luc ~
He~ore s.e per~o~a~~ appeared ERNEST GRIM~LTY and RACHEI~ GRI?'ISI~EY, his Wife
to a~e ~reQ kso~ra ~ad ~wo~r~ to se to be tl~e iadi~idaab dacribed ia and whs exeeated tbe lo~Oi~a iu~troweay aod
ackae~vledAed betore s~e t6at tber ~eeuted ebe wwe !or tl~e purpo~es tberei~ e:pnNed. R/ITI~lES4 w~r ban.l aad ~
a~ieial .eat ia tbe Con.ty aat Stat~ !aK atoeaaid tlw 1~j' t Day oi ~1pri1 1 ~j . ~
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RECORp ~UN7'Y F _ ' = " '
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CLERK eR '•OIT a OOK~SS PAGEz?04
CtRCU1T COURT
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