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a The lI«tp~se ,a.r. .e lu. optia., a.a «it`..t ~r.t u•~ 6i. ri;1.t to acocles:ta tbe i.debtea.e.. here~
.scurai adi a tee~eeio~e d~e s~~.e. Par eit6ee beEore or ai`ar vdeliaq~eac~ aa~r o~ alt ot tho.e oertaia .btis.tiora
e~q~i,rea br t6e ee:... ~Oc a be puab~ t6e tor t6e prntectioa of tl~e „a«~~e ,ecurit~? or roe tl~e ooueo.
tioa ~f tbs inde~btedee~s Ler~ebp ~r~ed. I~H suaa w a~dra~oed or paid Lr the Moet6sgee shaU be charaed iato t6e
raoctsase aooo~utt a~d beoo~e a~ inoc~t~l patt t6se~aat, anbject u all t~apect~ to the teran, ooaditiou~, and ooreAanb
of t6~ afoe~a~id pr~o~i~ *oee. awi tbi~ a~ [aUp aod ts Uis ~ase eateut u tho~r~ a p~rt or the ori~inal
w~debtsdnas erideaeed br s~id aote ard a~e~ia~~ this ~ort~a~e„ e~coeptisa iwwevu, that said wnw ~hall be e~epaid
tl~e Moet~a~ee fathwith upo~ its deiaud ssd be is addit~ to t6e re6ulu a~oatWr installmeats prorided br the
u+o:t~e Mte•
3. That the abstraot or abtraat~ of titk oo~eriea t6s P=opert) s6a11 at al! timeti durt'a~ tl~e lite of
t6i~ raoai~ id ~aa ~nf tLa Mort~a~ee a~d is ~~tbe foreelowe~e d this m or wlier tran~fer
ot t6s Moet~~~ tpi
a~rsuch ab~t~acb~~~f title ~hsU •~rc6a~er or ~b`,~sll ri t, titk a~d iaterest
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4~. Te il~e exteat d t`s i4debted~ ot ti~e li[oet~or to tl~e Mortaa~ee de~csibed 6ereie ~~ec~e+ed ~erebr.
tbe Mret~~ee i~ berebp~
ted to tbe Lia~ or liea~ a~d to the ri~6ts a( the o+~ren and hoWen ti~eeeof each
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oe ia~srt, oat ai the~ proosed~ ef tl~e lo~s ae~cribei Le~+sia oe aecoe+ed i~ec~eby, aod d~e e~edi~e liees o~ Mid ~oet
1ieM o~ ather iaa~~beawea, ~6a11 be atd t`e ware md eaeh uf them hereby a.pec~eeved asd ~6aq aN to aad
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h~eld bp t`e Maet6seee bereia as ~ecuriq foe tl~e ir~eb~edneM te t6e ~1at~~ee uee~eia a•scribed or here~ aea~r+ed.
eo te~ ~~.t .~a e..~ u~. p.~.~,r.~a ~a .~aa b..~ ~ paMed to sud beea 6eld br the Mo~t~aee
h.a ~ a.ay ..a~a,.u.~.r~a, aad deliv~i+ed auts tbe Moetaa~ee by ~epsrate deed d
~ ae t.~ ~.t a~..~ ~..e~a .oa ~ ~ ~.a,;~ ~ u~ ae~u«~ ~ ~
partie~ ha~eco that d~e ...Ae ..ii1 be .ati~ied .ad dwo~s~ ~E e~eo~d br the lwldea thereot .t o~ abeut ti~e ti~we of
the reoee~dis~ af tLir a~oetpae.
• S. L the er~t t6e o~wressLip of tlie a~otip~ei pnmisear or an~ part t6ee~ea~'. `eco~ae~ vuted iw a peeaor od~r
t}wn the Mo~t~~or, d~e ~ ~oay, witLwut aotioe to tl~e B[ort6a~or, dal with wch «i«~or or mceeNOn is
iatereat with ret`ereaee to tlw a~d t6e debt Mreb~ ~acured, in t4e samc ~aaoou as with tik Mort6a6or ~rithout
in aa~ vray vitiattu~ or ~6ar~in6 tbe Mectaa~+or'~ liabilitp 6enaadar a apoe the debt beecb~ uxured. No ~a1e ot
the pnmi~e~ 6ere~j ~~~Ras~ed aad ss forbeat~nee m tLe part a[ the Mort~ya~ee, aad ns extenwao ef the time fer the
paymeat of t~e detit roL~ ~ecaeed p~+ea t6e M~et6~e ~hali vperate to relea~e. dischar~e. modJy, chan~e or dea
' the ori~yiaal IiabiGtp ot c6e Mo~t~~ 4ee~eia eit6a i~ wheis ~e in pad.
b. The liea at ihrs deed aecnns aed .6aU oowi..e a.ecae~e paymea~ of said ia~iebtedne.~ or indebtedaaa,
ho~rere: evideaoed, ~etber b~ ~aid pe+ua~iMOC~ note ae aa~ ceaeMrd ot e~on tbereot or wLstit»te t4ee+~or, or
otherwi~e, mitil aq aoeh . isdebeed~ca~ a6all ha~e ~ee~ [nlli paid.
7. 1~ tht ~vtnt th~ ~nortgagors .all, co~vey or ~ransJer tht mo~tgagtd prt~nises during the li(e oj t/us mor~gnre,
thtn this ~nortgage shnll, at the option o/ tht Mortgagtt hertin, b~cnme immediately due nnd f~oynbl~ for tl+t ftrll sune o/
th~ pri»cipol' balnnct-nnd interest thtn dua.
~i. Tbe term~ "Mort~~" "Mo~t~,a~ee" wbe~ever a~ed in ttw iostrmaeat ahall ieelnJe the hein,pe rwnal
repra~taare., ~aeeeror~ aod aMipr nE the e~e~pective partia hee~eta ~he~+ewsr u.ed tlre sia~lac snmber ~hall '~aclad~e
t6e phrral a~ the plnrd the ~ia;nlu, ~~a u~ ~ or ~r ~„a~ ~.n .n ~r..
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STAT~ OF FB~ .
COUNTY O ~
e a~ared ARTHUB H.
Bd'o~'"~eTsie ~C SHAFFER $ad LAD$A. g. S~HAFBB~, his 1~11fe
t~ ae Mte4 ks~ra aad tsowa to w~e to ba t6e LiividaaM ~e~6si ie aua ~ ~teeut~ed ebe feer~oias aa~i
a~k~o~risd~ai 6e~ore iwe t6at t6e~ e:ecutei tLe ~aw~e tor tl~e p~rp?wer t~reis pcpr~a~ed. ~ITt~FS.~ wr haa~l asii
.idv .e.~ i. ~ c~wti +~.a sc.c~ ~..c .~o~..a Day of o r, 196?
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FILED AND RECOROED : 7 ' ; : u _•,:.i``
ST. IUCtE COUNTY. FLA. ~ > ; . ~ ` - -
nECOR~ V~RlF1ED : 'r
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6T OCt 16 AN 9. 26
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CLERK CIRCUIT COURT
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