HomeMy WebLinkAbout1983 . Our file :~S-~5,?97 '
til+rtp{er. IA e~cwt ~f fKCCIM~~t ~I Ihu u~Kt~sRt w~llier tr~wtlw ~ Iill~ N d~t M~M~ ~~pcAf iw ~a1~wR~i~hw~~m a/ ~Iw ~wd?IM•
cJneN ~esured `en?r. di ri~M1. ~i~f~ ~p.l ~w~e~est ~I tiw 11wt~K ia a~ N a~r i~w~aw~Y NIKiti 11rw ~w f~r.• ~~11 y~.~ 1ie
pYKbYf~ Y1 ~fMl~t
1~1 Ta pe~f~e~n, e~lf vrilh ~ dide Oy eKi ~w~ c~ ~be ~ti~INiw. ~p~awwe~q. ~i~iw ~w~l ~~rew~wa wid p«wuw~ I
e~t~ ~wd iw ti~ ~ee+ ~e1 f~etl~.
lil Tlyt it a~ ~i wJ mwwer ?ereiw. rst~r~ed t~'Ls wd ~r~lr a~ trllf ~.rit6i~ Hftrrn i~Ir~ wsl
~(~cr tbr M~we ~e~scdl~ 6cr«wM dre awd M~~61e. ~t i~ at\ u~ ~rsqr ty ~tiwlati«a. ~R~ecwaM~. ~rwd~tiw ~w1 ~~~~u~w~~ ~t wid
p~wsiw~ry Mte a~d ~?a desi. K•itAe~~ ~?e w~t frll ~a(wwsd. cw~li~ vi~ au~l abidni !y. ~ie aai~ ~qrc~ue .u~w w~en~iowd iw
w
+~iJ pr+wiwry w~te ~?~11 6ec«we Jre aw~ pq~Jle N~AMIl~ K Iwtf't~llf N Ibt ~lIN ~ ibe V~~Res w(~Ilr ~wd .«nplH.lr w
it ~he ~u~ ~~cpte wr d~aid ~«aiwwr w«~ MM KiriMlly ~ti~l~ i~ e~i~l ~w w~ dq. a~tl~io~ iw w~~ ~rewi~y ~e
or he~eio a tl~e e~wtsu~ wNvitlwtwdia~.
~j? Th~t ia Kde~ t~ ~eeelerate IAe mN~rily ~t tIK iwdeM~e~ `ere?~ ~sawe~'4cc~we .1 ~bc 1~il~re ~f tie MWtPRw M7 w1
t.a, wewnrwt~ li~bility~ ~?lipli~w or ewrwwbraa~s ~ww ~ai~ ~ert~. ~ i~ereiw pnrider. it s411 aN bc weeeMtq nf~a~~s IbN
~br u~.~,r,Rr. .A.~t A.a py ~se ..a~e.
2. Tl~e ;Notl~ee msy. at hi~ optioa, aad wit6ovt Mraiv' riaht to accelerate the :adeb~edoe.. h~~br
secured aod to [oe~eclo~e the same. pay either be(ore ut dter de~oqueaey ao or atl uf tho~ ccrtain obtiR~tiooa ~
required br the terow hcreof to be paid by the Mort;asor tor the p~oeection of t~ „~ori~at ,~~ri~r or ro< ~u~. !
tioa d the indebted~ benbr ~ccured. AU wmr ~o advanoed or p~;d by ~he ~l~~ .h,11 be ch~r6eJ into the
~nort6aRe account and l~come an iate6ral part tl~eceof. wbjeet ia all ~e~pect~ to tbe tert~N, eondition~, and covea~at~
o( ~he a[oe~wid rani~wry pote. sad tlw mortsaae. a~ [alfr aad to tl~e ww~t e~teat as thou6h a part ot ehe ori~insl
indebtedner e~-i~~n~d br ,.;a oa~ ,na .ecus~d br tlw twttaa6e, e~ceNtia~ huwtve~. that caid rums shall be npaid
the illort~a6ee fo~th..rith upon iu demand and 6e ia additiq~ to the n6ulac n?opihip Ipll~Ilit~Chb proviJewl hY the
mortRx~c note.
3. That tl~e sbstract or abatracts of titk ooverioa t6e mort6a~ed propert~ al~alt at all timati duria6 the life of
thi~ ~nortga6e~ retnain iu pw~ewan o! the Mortaaaee and in event o~ the fomlow~ of this e~ort~aae or uther trander
of titlc to thc A~ort~aacd pcoperty in extin6uishmeat of t6e iadcbtednea.+ ~ecured I~ereby. ~?Il ri6h~ title aod iatered
oi the !11ortRa6or ia and to any wch abtrac4 of title ~hal! pass to the p~~e~cha~er or 6raatee.
4. 'I~o ttee txteat of the indebtedne~s ot the Mo~or to the Martsa6ec de~crihed herein or .tcured l~erebr.
the ~tortga6re u hercb~ subro~~ted to the lien or lieo~ and W the ri6hta of tlee a~.~n snd holden thereo( of each
and ev~ry awrta~e. licn or other iucumbranoe on the land dexribc~l hereia Mhich i~ paid and/or satia6ed. iA whole
or in part, out of thc prooeed~ of t6e loan de~cribed l~ee~eia or ~ecored 1?~e~e~y. aad tl~e respective licn~ d' said mort- ~
RaRa. lien~ or other iocumbranoe~. ~11 be and t6e wine aad eaeh u! tbcm hene~}~ u preseryed sad s6ai1 paa~ to and
Ix held bp t6e Mortp~et hertin as ~ecuritr Por ihe indebtedne~ to the 1lfortsa~ee herein dexribed on c~reby ~ecured.
to tl~e same e:tcnt that it uould luvc 1~een preserved and w~atld have I~eenra..ed to aad been held by ihe Morta~6ee
I~ad ~ au~r ~a ~~t.~tr ~«.:~.~a, <<.p.r~~, aad delivered ~u~o the Mona~6a by ~eparate deed o!
aMiRa~nenti notwitiutandia6 tbe fact that the same mar be aati~fied se~d eaneelkd af reeord~ it bein~ tl~e ieteation of the
~,artie~ her+eto t4ut tl~e s~a~e «ill be ratis6ed aed ca~oeUed of reoord bp the holden thereof at or about the time of
the rrcotdinK of t1ti~ mort6aae.
S. In the event the ownenhip of the moctaa6ed prpni~e~ or any part d~ereo~. bec~mes ve~ted in a pcnw~ other
~han tl~e 111ortRa~Oror.-t6e ~iort6aget may. witho~t aotioe to d~e Mort~~or. deal rvith wch wcce»or or aacecaron iee
iutera?t Nith rcferetMe to this deea aad the debt herebr ~ecund~ in tlx +anx manncr ss ~rith the MortRaRor without
in an~ way ~itiatin~ or dischaqP~R tLe MottR~6or'~ liabilit~ hereuedcr or upoo the debt herebp ~ecnred. No wk of
tl~c p~emisa~ l~ereby n~ort6s6ed and no forbearance on ihe pari of the ~TortRaRee~ at~d no extension o(' ihe time for the
p~yn~~n~ of ~l,e debt hee+~b}- ~~r,ed ~rea br the Mort6aaee ~ball opente to relesse. dixbsr~e. modiiy, ch~nRe or alfcct
• 1he ori~insl liabilit} of the Nact6~~or hercin eit6er in a6o~e oc in part. ;
b. Tle~ lien af ttiis deed ~ecurn and shall eoatiane to ~ecuoe pa~meat of said indebtednca. or indebtedaa~. ~
I~orrever evidenced, whethar bq said promwory note or anp e~eae~ral or e:ten~ioa thereot or wbtitute then[or. or
otl~erwisc, u~til all ~uch indebtedeea~ s6a11 ha~e beee taU~ psid.
7. /~t Ih~ ~~cnl Nrt inorfQn~ors st!l. ~m~t~r or (r4n~~tr (ht rnor~QaGtd pr~miccs durin~ tlir !i(c n/ ll~rs »r~.,~
(h~n thic mnr~~?o~t shR11. ae t/re ~plinn o/ t/r~ A~orl~a~Pt htr~i~t, b~rnmt imm~dintely de~e nnd pnyn6lt jor tl~t /ult sru,r ~~1
N~~ pren~ipnl l,nlnn~~ n?rd 1)7~CT~S< <I1[7! dut.
8. The tertns "Mortaa~or" aad "Mortsaaee° wheaerer u~ed in thu instrument aball include the hein. perwnal t
orp~r.entati~n, succ~ors and a~sip~ of the respeetive partid hereta Whee~e~rer wed the einRular euml~e~ Rhall include
plural and the plu~al the ~io6ular. and the nee of anr ~eade~ shaH iuelude all ~eaden.
~~IC~G.N1Q~ 7"Yl G -G'
. i ed. sea d el' ered in tLc pre~ence oI: _ ~ ~5~~
d~~~ ;
~ ~ ~ . _ . . ~ ;
~nC ~ ~L '
_ ~ . _ .
' STATE OF FIARIUA
' COUNTY OF ~ 's
~,ST . LUC
Be on me penonaUy appeared MII~iARD 1~iCNSA,Ly e~id B~'1'HA I"iCNFATiY ~ hf s Wf f e
to me well koowa aud taown to me to be the iodividaels de~eribed in and w~leo ezecuted the foreaoiua in~tsument~ aeed
acknowledRed betore me that ther executed t6e aa~ae tor the puspwn tbee+eie e~cpreNed. ~ITNE:SC mv h~nd atid
o~c:.~ ~e.l in tt~e counq ~na state L.t sroraaia tW. 161M Dey D ember, 196rf
.
- Mv ('.ommiwioo Expirt~: J1~@ ~ ~ 19'J1. Noarr Publie, 5tate of Flor ~
f FILED AND RECOROEO . ' - =
E • - -
! ST. LUClE COUNTY, FLA. ' t . = ~
f ~~,;..;,,=tFp ~ • ' _
~ '2 ~ ~
~c;?c~ - . - . ~
:s7 ~~c 2 i ~~i ~ : 3 ~ ;
~
~
~
~ : L:
CLcFK CiRCUIT COURT g~jK~Uc7 FAGC~J~U
.~T -