HomeMy WebLinkAbout2426 ~ ' • Jur f ~~e ?;,-I>, i349
M~n~~p?. Iw e~ew1 ~f I~erclwwe MI IRY MNi~~p N NIMf u.nfa .f ~:~k a ibe .~•na•s•l o.•pc~~ ~~t~w~t~i~Aw.~wt ~l ~b ~w/.1?~-
t~IA~'M M'tYfl, ~fM`~. •11 ~i~M. ~i~k awl ~«te~rN ~t ~4 MwtMa+~ ~~i a~w~ ~ww~~wre p.l~~:ra ~iww ~w /.n• ~lul~ Mw U~e
~yR~Nt/ rf af~A1~t
l?1 T~ N~(~nn~ ~wol~ vitl~ N~ didt ?1 eKi~ ~wd •~~y tL? ~ti~~l~~i~w~ •s~~aw~qs. rsw~ui~w~ ~w~l •~.~n~w~~ wd ~~ww~~«~~
wM~ swd ~w Ii~i~ ~eer ~H l~eth.
lii Ttut i~ d ~id ~we~ u~~we~ 6~re~w t~ft«~d ~a i+e wa o~~-.;s:ir ~ed (uli~ pair ~ri~hiw !fllrrw da~n w~s1
d~sr t7~? w~ae ~t~ehll~ ber«n.. d„~ ~~~ste. i~ t~tL ~NI lr~n 41e NiPrl~l~~u~ ~~~esaKwb, ~wwd~t~.w~ ~w~ ~~~~~nb ~f wiA
p~wiw~ryr ~~te u~ ta~ ~esA~ ~t ~i~he~~ sre wN ~YII~ oee~~~ed. ~w.~piiea ..i~~ .w~ .~i~ Ar. ~1s wi~ ~~Rre~~~ •~w~ w?~w~~~n~J iw
..~J p«a,....~ w.~~ a?all be~«nt dw aw~ N~ibk /~b.riil~ a ~hcrr~h~r N 1Ae ~yu~w +f ~Ae ~i«~Ra~re M(~Ily ~wd ~wn.pln~l~ ~
i~ tbe wi~ ~~~~p~e ~wa d~~~~ KNni~~ ww~ MM Ki~~n~llr Ni~rlate~ a bc osi~l ~w ~wA da). ~wy~l~iwt i~ N~~ K~w~w~ ~
•r l~eoeiw ~Ar eswt.u~ w.t.~aMtaedie~.
Il! Tha ~n ~ad~r ~e~.l~n~e tAe n~at~ai~r ~f ~M :na4bed~en Mrts~ ~erured„ bec~wr .t iAe f~il~r~ ~l~e M•ha.n• o•f ~~1
t~a~ iwe~un~el, li~~il~l~. ~Ii~~1~N1 ~t ew~~~aar~wre ~y~w ~~io aro~Ar. w I~tKiw ynviie~. i1 ~h~ll aN ?e wK~wh K nd~uae ~l?~t
1he~ u~~~~sr~ ~Adl tint M~ lhe ~e.
Z. Tl~e 1liocts~6ee pur~ •t hia opiioo. ~ad wit}~o~et waivieg l~ia right to sccelerate the iodcbtednw h~~~by
~ecucsd ~nd to forecla~e the ~sme. par eitfier b: (ore or after delioqueacy aar or atl uf thoae eert~io obli~atior,a
reqni~+ed br the tenM hee~eo~ to be paid by the Mortga~or fa~ the p~otection of the mortgaee .ecu~ity or fo~ the eoller
tiou o( the indebtednew I~et~ebr kcuccd. Ali wm• w odvsc:ed or paid br the ~fottea~e ~t~a:l be char,~eJ ioto ~he
mort6a6e aeeouet aad beeonn aa inte~ral part tbarao('~ subjcct in ~Il [e~pect~ to the ternu, canditiotu, aad eovenan4
o[ Ih~ •[ocuaid prami~soq aote. •nd thi~ rnortsa a. as [ul:r aad to ihe ~sme ~rtcet aa tbouah a p~rt of the ori~ioal
indebttdnew e~ide~ee+l by said note and seenred ~r ihi~ znortga~ exceptia6 6uwever. th~t ¦aid ~um• ~hall be r.paid
the 111o~tRaRee fo~thwith upos it~ dem~od aad be ia addidoo to tbe rr.Ralar n~onthl~ iostallmenb pror;de~1 by the
~eort~r~e pote.
3. That tl~e ab.traet or ~batraet~ of title ooveriaR t6e moct~~~.l prope~t~ sl~~ll st all tim~ duriaR the life of
thu ~~o~t~a~e~ re~n~in -in paaewioa of the MortRa~ and 'w evcat of the f~reclowur+e of thi. mortR~se o~ other t~sode~
of title to the n~ortRa~r.l property in e~tinRui~hment of tl~e ind~btednC~ ~etu~+ed he~eby. all riRht. title and intcre~t
of the btortRaRor in and to aar wch sbtncta o( titlt ~hal! pa~+ to the pnrcha~er or 6nntee.
4. 7o the cYtcnt of t6e indebtednc~ of the Nortg~;or 1e ~h~ Mor~~~aer dhcrihcd herei~ or sccured hereby.
the 111ortgaare u henb~ wbroRated to the lies or liau aa~l to the riRl~t~ o~ tl~e o~.nen and holde~a ti~ereof of ~aeh
and Creey mortg~~e, liea o~ other iocuanb~anee on t6e laad deaccibnl herein v?hieh i~ psid aml/ar qti~Fied. ia whole
or in paA. out af tht proeeeda of the loon ddttibed her~ein or aecur~ed hee~ebr~ an~l il~e re~p~ctire lieas o~ a~id mort-
Ra~ lien~ o~ other ineumbraoca. sl~all hc aad the ~a~ne and eacl~ ~?f th~en here4~ i~ ~.re~erved and ~hall paw to and
he held by th~ \1ortR~~re hee~ein s~ ~ecuritp ~or the indeStr.ineaw to th~ i11or1R~Ree 6erein deycribed ar h~rebr ~v~cur~d~
to tl~e sam~ ezt~nt that it Mauld h~ve Mcn pre~erred and would have I~een pswed to and been held 6y the ltort~a;,ee
. i~ad it bren duiy aad n~l~rly aariRt~ed~ lraadetred. aet over. aud deli~ered uutn the 1lfort~aRee by ~e~.a~ote deed' of
ari~punent~ not~?itlutandinR t1~t (act that the same mar be sati~6ed and eaecelkd of ceoord. it beinR ihe inteation of the
pavtie. I~crete th~t thc aame ~vill be wtisfied aod cauaelled of e~ecord b~ the holden thereof at or about the time nf
Itie rrconlinR t6i~ mortRa~e. ~
S. Ia tht event the ownen6ip of the moA6aRed premi~.~, o~ anj part tl~ereof~ beco~nes ve.ted in a penon otbcr
than tl~e ~tortRa;,or. the ltort~~gre may. withont notice to dse ~:ort~~~ar. deal with such ~uceewor or ~ueceswn in
intere..t v?-ith rrfe~ee to thi~ deed and the debt heer.by a-cured. in d~~ .ame maone~ a. ~vitb the \1ort~a~or without
in a~~v w~r ~itiatin~ or di~eha~~ing thc ~1ortRaRor
• liabi:ity herrund~r or upon the debt herebr Keured. ~io ~ale of
tl~~ prco~i~ htrrb~ mort6a~rd and tas forbeannce on t6e part ~ tZre 41ortRa~ee~ and ao eYt~~sion the time for the
payn~rnt oI thr debt h~reb~ .ecured ~i.en br the Mort~a~ ~6a11 ope~ate to releaae. di~cl~a~Re. modifr. ehanRt or afiect
' Ilx oriRinal liability ot the MoirtRa~or hercin either in whote or in psrt. .
1~. Tl~. lien of thi~ deed ~ecurh sed ~ha11 to:ttinue to ~ecure p~vn~ent of wid iodebtedne~. or indebtedaes~.
I~ewever evid~ncrd. ~+hethrr b~ ~aid promiwan nott or aey reneMral or ~:tenuoa thereof e~ wbatitute therrfor. or
etlKr++ise, until slt ~ueh indebtednrw~ ~h~ll hare been full~ paid.
7. In I/r~ rn~nt Nit mnrt~o~nrs s~ll. rnnr~ry or trartj/~~ Ih~ ,ne~~en~~d prrmist.s duren~ tlrt IiJt oJ ~l~is ~n.n~~.~,~,
lhrn lhis mnrt~n~t .~hnll. nl tl~~ n
f~ti~n oJ ll~t Aforf~o~~t h~r~in, l.~~emt imm~ti~nltly dtrt nrid pnynblt /or f/~t jt~l! su~?r uf
tht ~rrn~ipol bnlnn-~ r?»d interes[ lhen dut.
8. The term~ °'NortRa~or ' and "MortRa~ee" wheaever uscd in tl~ia in~trutneat ~l~all incluJe the hein. pe~wnsl
eepet~ntrti~e~, sue~on and a~si~ ~f th~ rvpeetive partiea 6errta. W6eneve~ u~cd the fio~l~r numher rh~11 imlude
the piural snd t1~e plurai the ~ioRulae. aed the n~t of anr ~eader sball irxlade all ~endera.
iRned. a an de vered io the pne~enoe d: ~
` (Sc~?~.)
r
~a~~ ~
~ _
S'PATB OF F ~IUA
COUNTY O u
HeT(oreL~
~ onallv appeared DAIT BAILEIC aIId CA.RRIE BAIIiEY~ his Wife -
to me r+ell koown ~nd kamra to me to 6e tlre iodividnab dderibed in aad «ho esecuted the forr~toioR iasi~umea~ ~od
sckao~vledRed before me d?at theJr executed the san~t for the Purpwe~ thereia esptir~ed. ~ITtiF„S~ in~ h~nd sad
aicial ~eat is tbe Counq and State la~t dorr.said t!w 23 D8y Of D8C8 e~ 1967 .
,
i
~ J . ~
Mr Co.rin~i..ia~ Espirr.: June 30, 1971 Ko~•ry Publie. ai - F - .
FILEO AND RECOROED " ~
ST. LUCIE COUNTY, FLA. . •
RE:COF.~'lERIFtEU - -
js3osl
'67 DEC 29 AM 10: 07
,:J..__. , o„Iti~."~/~ .
5
C~ERK CiRCU1T COURT 600K169 PA~~2~V8
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