HomeMy WebLinkAbout2474 14. It ths indebtedner~ ~ beneb~ is uow or here~ttar turtDee ~eoured e~ ohattslm ooa
o~rt~~~ .~lecites„ oo traob o~
[u~n?a~Y. ~i~nments o~ isri~e~. oc ot6er aeounues. os it thept~m~as hendi eoeumbet~sd oonsists u~-mors than ~ns prroel,
M~ct~s~es may wt its option exhwat any oae or more ot aid aeourities ~ad tbs oseuri4 her~.wder. oe suoh p~~oeh d the
seeunty 6eceundec. eit6ec eououretiatbr oe inde~ent(~. and in s~oh ader as i1 m~y delermias.
1S. Uponcsquest at MoHtae~o~. btor
t~a<es ayY. st its sokop tion. [k~om time b tims betore tult {rqymeat d all iadebted-
naes sewred bwby. make twt6er alv~noes b Moct~a~oe: pronided. ho~rever. that tLs bta! priaap~t ~ee~ued hay? aad remain-
io~ napaid. iaotudruea~y suoh ~dvanoes. ahall not at aqy tuae a~eoeed the~~ prinoip~i sum soeured hereby. ~ort~~ s6a~1
ezeoute aad deliver W Mort~~ a aots evideaaa~ e~oh sad every wa6 fi~rtAer adr~nos wl;ioh Mor~B~ese puV m~lce. suad
note b be pay~bla on or before maturi~jr o[ Me indebtedne~s seoared bereb~ ~?nd to oontain suoh tarws as Mort`~ges shs~
e~equico. Mo~tga~a~ ,~h~It p,y aU sueh iurtLer adv~wor wit6 iatecesc. and the ~ner and eaeh note evidaaaa~ ehe rame. aha!!
be seourod hersby. All ~rovisions ot t1us. moh~~gs shal~l spp~y w e~oh turther adranoe as ReU aa to W ot6ee indebt~edaan
seoured he~eby. Nothioa 6e+rein eontaiaed, however. shaU Lm~t ths ~mouaL seoured by tl:is mort~a~s J sneh amount iu
iner+e~sed by advaaces mads by Mortg~e~, as bernin elserheroprovided tor eo peoteet tha s~arity. The w~rd ••Mort~a~or••
~s wed in this p~ngrspb. indudes ~qy suooe~rx in or?nerahip o[ t6s peemises.
1a. No det~y b~ Mo ~n euereising W sight or rame~y hareundee. or otheni~e ~Qorded b~yI~ws shail oparate as a
w~ivar tbar~eot or vreotude ezer+oi~s thereot dunog ths oontu~waoe ~t aqr dafault hereunder. No wa~vee by Mor~es
ot ~ay de~sult sh~Il eoastitute s waiver ot or oonaent to su~ uent detsulta. No t~ilurs ot Mor~a~es to szeroise aqy optwa
hcrein given to sooelente uu?tarity ot tha debt hereby aeoured. no iorbe~tnnoe b~y Martga~g~es betore or Rt'ter We asero~se oI
auoh option +~ad ao withdrawal ot ~b,ndonmeut ot forecloaurs pe~ooeedinga by Mort~ag~ sha11 ba t~kea or oooatrued ws •
wairer ot its rieht b ezeroise sueh optioa or to ~ooeleti?te tLa matunty at the debt hereby seound bp t~ewson ot~qy pais~
Pn~t or tutw+e deiault oa the p~rt oi Morfga~or: ~nd. in 1ike.nu?ner. t6e proaurement ot imuranoe or thap~y mt.nt oi tazes
or othec liem or ohar`es by Mort~gee sR~ll not bs takea oe eoostrued as s waiver of ita right to aiwekrate the mslurity ot
tde dsbt hereby seaured,
17. ~ViWout a5eotiog ihe li~6itity ot M~ or aqq other person (aroePt +ta! Peraoa ezDr+esalY re1e~?9e~1 in writing) for
paymeat ot any indebtedndes seawed hs aby or or per~ormanoe ~o[~ay oblig~tioa oont~ined hereia. and rritlwut a6e~+tiug the
righta ot Diortgagee Rith respaot to sny aeourity not expressty retea~ed in writing, Mortgagee may. aR any time and tonm tune
to tia?e. either betore or atter the mat~uity ot s~id cote. i?ud wiLhout notioe or oon~ent:
Release anY Penon liubie tor p~yment at a11 or sqy part o[ the indebtedneea or for per[or~nwee ot ~ny obligstion.
(b) M~ke sny age+eement eYtendiag the time or otherwise attsring the terms ot~p~?y~ene of atl or wny part ot tLe
iadebtedneea. or modifying or waiving sn~l oblig~tion, ot aabordiasting, modi~ying or other~eiae de~liag with the
lien or oLsrge hareot.
(e) Tzercisa or retraia from ezee+cising or waive any right Morfgagee may 6ave.
(d) Aoeepi sdditional seciuity ot any 1rind.
(e) Rele~se or otherwise deal with aqy property. re~l or pe~aon~?1. seeuring the iadebtedaese, inoluding sll or any part
ot the proprity mortgaged 6ereby.
tLe hold~ot~~lent hee+e~tter made by Mortgag~ot aad Mortga~g~ee pw~suaat to this morigaas sball be aupsriar to the riPhts ot
aqy intecvening lien or enoumbranos.
19. Mortgag~or hereby waives all right d homestead a:smption in the Properbv snbjeot to tLis mortgage.
20. The oovenaate and aareemente berein oontained shall bind and the benefita aad advantages ahsll innre b tharespee-
tive heiia. exeoutors. administtatozs. auooesaois aadaa~gns d the parties hee+eto. Wherever wed. ths~y~ number aha11
iadude the plural. the plural the singul~r. aad the uss d sny gender shall bs appfieab~ls to ~11 genders. A1[ eoveo~nbs. +i6res-
ments and underWrings ahall be joint and sevetal. In the eveat sdditional numbee~ omrenaata are tor oonveaieaee ia~er~ed
in ibis moetta~s to!{o~wiu~ ti~ ierd d~e~Dtio~. ~ue6 additiotil eo~aa~nta a~D bs ne~d ~nd ~int ~~st a~ tLov~k foiivwi~
~""°'"°"'i'°O0"'°"d'"'°~'~~ortgage for ~60,000.00 dated December _19 _1967;
_ ,E
IN WITNESS WHEREOF, the said Irlortgagor tias caused this~ l~o~rt-gagie
to be signed n~d its corporate seal to be hereto affixed in its name by
its officer ~nereunto duly authorized, the day and year first above
written.
Signed, Sealed and Delivered RU-MAR, INC. . .
in the presence of us:
3 ' ~I ' -
~ • . . t '~~7~I ~ . . .
resi ~ •1,-~'..,; ~
. ~ ~
- c.
Attest: ~ ~ ~ ~~SEAi,~,
Secretary.: . ~ . ~
STATE OF FIARIDA ) ~ "
OOUI~T.TY OF ST. LUCIE ~ )
BEPORE ME, the undersi gned, a Notary Public in and for the State
and County aforesaid, an officer duly aufihorized to take acknowledgments
~ of deeds and other instruments, personally appeared the President and
Secretary of RU-MAR, INC., the corporation named in the foregoing
instrument, and to me known to be the persons who as such officers
of said corporation executed the same and affixed thereto the official
seal of said corporation, and acknowledged the execution and ensealing
thereof to be their free act and deed as such officers on b~half of and
by authority of said corporation, for the uses and purposes therei,n
mentioned, and that said instrument is the act and deed of said.,~or-
poration. , ~
t. ~ .
~•-y~~
IN WiTNESS WHEREOF, I have hereto set my hand and a~~~~i~: ~y' ~Q~`-~icial
seal in the County and State last aforesai ~ is th da-.'af.Dec b~r~
A.D. 1967. _ - . -
FILEO AIvO RECORD£ - - . '
ST. LUCIE CCUHTY. A. - -
F%~C~i~t1 V~r~1~~" ~
~ 1631 : . ,
My Commission Expir~~ rr,. zQ y2
~ ~ .
/~6~'' . : . `~~w'~ .
_ ' _ , ~ :.ifiCt~:T ~~j ~ $ ~ ~ ~
a~x1b ~~~~45~