HomeMy WebLinkAbout0967 • Our ftle PS-14,??0
~ ~
M.~~. 4 ~w.~ t.Meb«u~e .t i~i. w.~~.~e «.~.r a.w~K .I K~M a d~..~..~~o.p~ ~.~snr i. ~~?u~~~ ~IK ~w~.M.
.~w.....e.ni ~r. dl ri~l. eitle ..i i~..~ ~f tUs M.~t~ iw a.~r i..rr.wcs ~.laie~ tbe. ~/.rcr. .~.A d.
~erwr +r
r. r~«.. «.~y .u~. y .«i ..i e...~, ~r. a~i..~. ..r..~..~.. ..r n~~..w ..r ..«~a..n
~.e~ ..~I iw ~i. .M ae~.
ci~ r6rt it .t ..it «w M~ erl.mi M ~...t ~r..~ hu~ ~.w nrte.Yw Lsa .w
at1~r d~ wM ~nfl~ MewM ~ a~i Mra?b. w Y ~d ~i ~wq ~s~y. e~itiw ~ e~rcww ~f ai~
~M ~1 11W ~t eilMet. ~re w~t t M~f~*wi. p~rMi~ witi~ +r~ a~i~ ~r. tM wil ~epee .ww wawi«~s1 i~
a~id Mari~ey MM i~ wc~w ~ s~i p7~W~i~f`wi~ K tMndw ~t ~~iN d dM iM~r;es a~ tdt~ wd c«~ylad~ r
i1 tM MNy~rqw w~ d aii ~~~p~f K~M~i ~ M~id ~w ~ i). ay~i~ i~ Mi~ 'e~wiwe~ ws
K Mniw u IM c~rf
~l? 7tw iw .rier e. ae~.~. d~. ,~w.r~~ ~e ~.i.w ~y ..~.r.~.1~«w.e .t d~e ~.~~we .t ~ Y«~~ N w Mr
~u4.~iN .e anw~aws~ ~y~w ~ MMM~. a. I~ersi. ~ri~ K ~?dl w.~ ?e .et,w.q .r eepi~i~e elw
tl~e oN~l~ ~U irM ~qr IM i~~.
2. 1~e ~[artp~se aur. at 6i~ optia~. aad writl~ wai his riaht to aooeler~te thc iadebtedne~ 1~eb~
~epusd aoa t~ ~ee~eclo~e t6s sa~e, par eitLer befoe~e or ~f~er ~~eacf ao or all o[ thwe cert~ia obli6atio~a
req~ieed bp t6s tee~ 6ee+so~ te be paid by t6e 1[oet~a~o~ foe t6e protectios o[ ~ moctaaae aecyrit~ o~ foe tbe oollee~
tioa a[ the iadebtedsar bee~e~ aeaued. Ail wa~ io ~aeoed a~r paid br the Mortsa~ue shaq be char~sd i~to tbe
~ ~ beoa~e a~ ute~al put tbersef.~w~bject ia aU e+e~pe~c1~ to t6e tenw, oonditi
~ ou~, aad co~aaaab
of t6~ doe+eMid ptr~wi~~.ocr ~o~e. aaa t~ ~a~s, a~ fallr aad t~ tbe ~a~e e~tmt as tl~ouah ~ paet ot tl~e o~isiad
tad~b~dweM erideaoed bp stid aote aAd ~ea~red rr t6is ~ort~,a~e, ezoeptina iwwever, tlut said wau shail be repaid
tlie ~[oct~~ee forthwith apa~ ~tr demaad asd b's Id additioa to tbe n~etar n~uniWr in,all,~b pro•id,ed by ~
,~~e aote. -
3. T6at tLe sbtnd or abtract~ oi titie omrerias t6e mortaa~ed property sl~all at all timeti durio thc li~e of
n mort~e~,
thi~s :+era~ia i~ po~ioa of t6e Moetp~ee aad i~ eveat d tbe tot~eclawre d this mo o~ ~ tras~fu
et titls b tbe r~oet~~sd lrope~tl' ir aitin~uiobment o~ tbe indebtedseM ~ecu~+ed herebr, aq n~'~y~titk add interat
of d~e Mott~~or ia ~ad is a~~ wcli a~Mraet~ ~f dtle aba11 pa~s !o tbe pae+cia~es w~antee.
4. Ti t`e exte~t af s`e iadebtedae~ a~ tLe Mo:t~or to tLe Aiartsa~ee de~cribcd bee+eia or ~en~red 6ereby,
d~s Martds~ee i~ 6m~ebT~p~~~
tsd to t1~e lie~ or lied asd to theri~b a~ t6e o~.-nen snd holder~ tlree+eot of each
a~ a~st7 ~o~t6s~e+ liea ~e Ni~e~ ~oqw~s~oe aa d~s la~d desceibed I~re~a which ia piid aad/ot ~ati~6ed, ia w6ok y
ae ia~aet, ort ot the peroeeas tie lo~s de~cribea lrereia or ~ecnerd Lersbr, ~d the .+e.pectire lier d aa+d aort•
liew~ ae ad~er iacuabnoeeti abll Le a~d t6e ~a~e a4d each ot tbem bereby w praerved aad ~Laq Mr to aed
~L~ p
held 6s tlre ~[oet~ee 6ee~ei~ ~~e~orit~ for t6e it~deb~ede~eM to t6e ~oet~~ee heeein dacribed oe herebr ~e~cpred.
- to t6e s~~se a~a~t tWt it rronla h~~e lieea~ p~+e~er~ed aad ~Id b~ve I~eew~~,~ to and 6eea i~eW bY ti~e Moetaa~ea
had it be~~a ~1~ aoi awi~ed, trao~tereed,, ~et ~er, and deliverai mito tLe Mort b
~i~uoe~t. ' • dre tace tbat d~e .ae.e ,oa be ..ti~6ed and aaodkd of r~'srate deed ai
7' reoocd, it bein6 the intentioa ~t t6e
partie~ l~ereto iliat tLe s~ee will 6e ~atidied a~d c~roel{ed oi ~ xord l~ t~e I~Ideer tbee~eof at or abaut the time of
the recordi.6 of d~ tMrtp~e.
S. Iu tbe a~at tbe dwaenhip of d~e meetaa~ed pcemisa. or asy part ti~ee~eof. becommes ve~ted ia a peeroa ot6et
- than ~he ~oet6a~, t6e'1i ~ee -wuY, ~ritboat aotie~e to d~e b[oe~or, deal with weh aucc+ea~oc o~ ~u~ors is
intcrat w3th refe~eaee to ~
deed s~d t6e debt bereb~ ~earred, ia t6e s:me manner as with the Mortaa6oc witl~t
in aar ~ray ritiatia~ or ~arain6 t6e Moetaa~ s 6~6iliRp 6erenader or npon tLe debt 6eerb~ ~ecared. No ~ak oE
the pre~nre~ 6~r~r l~~cd and so forbearanee aa tLe paet at d~e Nort~ya~e~. aad ee extc+~aiew et che tiwe for the
payiweat of tl~e deM aecaeed airea h? tLe Moet6s~ee d~aU operate to rel~a~e, disc6ar~e, nwdify, ch~n~e or alfr.ct
the ori~insl liabilitp ef the Mort~aRor hee~eis eitl~er is wl~ole et in paet.
- b. Tbe lien at tlw deed aenstre~ a~sd sl~l eaatitwe to ~ecue+e pa~rn~eot d said iadebtedncN o~ indeLtedae~,
ho~re~et evid~noed. ~ bp Wid PromiMOr7 soR,e oe aa~r resC?d or extaaion thcreo( or w6~titute tbeerlor, or
otl~cr+ni~e, amtil aU ~ nodebted~ca~ ~6a11 I~~ 6ea~ tdk paid.
7. In the event the mortgpgors se11, conv~y or Iransjer the mmtgagtd premius during tht li/e of t/iis »iortga~t.
~ thtn this mortgagt shall, et the option oj the Mottgagee hertt~t, Gtto~ne immediotdy due rtnd payabtt ~or the Je~it sun: o j
~ tht pri»ci~l balattce ond intertst then due.
a. 'Phe tese~~ "Mort~aiu[° a~ "Mo~tsa~ee" whesevee ~ued ia thi~ iost~u~t ahall iaelole the l~ei~pe r~al
npra~eatatire~,, woeeMOra md aniR,ar af the re~pective puties 6enta ~hee~e~er wed the aoaul~r anmber sh~li iadud~
o u
tl~e pMral asd tl~e pleral tbe a~alar, swa tl~e nee of any ~euder s~all iaelnde ail6enden.
-
Si aea v ' the pre~oe d: ~~~~~;C~ G!! -
^
- ~ - .
_ t )
- - . .
. . .
STATE OF A • -
GOUNTY OR~ ~
' St. Luci
~ eetsie are p~.o.all~ appeared BII.I,Y L. SP~iGLSR aad B$'1'TY JlIi~S $PANGI~FS, his tilifs.
t~ ae r+eD EN+i?~ and taMV~ to a~s to be tbe i~dividoals de~eribed ia aad ~rb~ exeeated t6e Eoe~e~sis~ i~ra~t. a~d ~
adcao~rled~yeai 6e[ore w+e ti~t tbep es~eautea tl~e w~e for die p t6eraa ~p .~IT~iFS.g =r Iwsd a~d
j .sd.l .e.t tlie Co~.q a~d .st.te wt .foe~i~ tbi. 6t D~y o , 19 7 ~ . `
~
; _ t
. ~ O, r o'~.,, ~
..r• ~y %
. .
~ ~ • =
- - - o%_
. ~ .
:
. . _
i 1[y GewawiMi.. Expiee.: June---3~:, .~,~67 Net.~ p.idie. Flori ~~s. ~ ~ ~ `rl =
1 ~fr'• • ~~.~0 _
FILEO AND RECORDED
OUNTY. F~• •-a•:
ST. LUCIE C - ~ , ~
RECO~e vEaiF~EO ~
e~,/y) i
r • r
'61 H'~1'f 12 PM •
~166 ~ 965 ~
i= r,K CIRCUIT COURT
v'~a`~Y-~n^.,.-:i~'~r~` .s .
' .~``~.u . .}:,..Y.::r