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HomeMy WebLinkAbout2705 . . . . 4 ur fi le ?_.-I 365 , M~etp~. Iw e~eM ~f f~~rcl«we d ~Ai~ ~.n~~~tr w~~M~ ~rwJf~ ~f t~~k ~M .~•~~.R.d o..~shf ~at~w~~i~lwrwl af ~Iw ~wA.M• tdQf'N MtYRJ Atft'1~ ~11 ~i~A1~ litb ~~M~e~~+l d 11w N~tt~aa.r ~MI t~ ~w~ iw~~~~wrt o~la~ ~IK~ ~w 1~?.• ~bll rw Ilr i ,YK~~tf rf ~f~111~t T« ~e~f~nw~ ~wpl~ .ri~i ~~1 ~?ide eKi~ ~wd ~wry ~k ~io~l~~i~w~. s~«cw~~u, ~+w~ui~w~ ~wd ~~~~w~wu ~w auA M«w~.w~ wN~ ~eA ~w Il~i~ deed w1 fMtb. (il TAa~ i/ ~1 ~rid ~dew ,d ip~we~ 6«<~n refer~~d t~ be ~at ~e::~:i~ u~d f~lly p~i~ Mithiw Aftrre dar w~al d~e~ IAr ruit ~evehil~ ?etenw dw ~w~ p~~~61e. i( s~cb ~~wl tv~n 4tie Nip~l~l~~w~ ~~~eanrwu. rMA~f1~M aed ~~v~~Ne~~ ~f s~~d yrw~ir~e~ ~~1e w~ l?~~ ~eeJ. ~t ~ilhe~. ue w~t frlir yeei•..~ea. ~...~pl;ed vit6 ~wd ~bi~ Ay. 1?s wi~ •~pepl~ ~~~w ~w~nti~n~J iw ~~J a«~•~•••.y w~te ~SII bec~e dw ~wa a~~ek t~Al~wit~ w ~he~r~h~r thc ep~i~w ~Ae ~10~~~~~ee w f~llr •wd ~~?n1pI11~Ir Y i[ tAe a~id ~~i~eptt ~wa ~f ~s~d ~ow~i~~r w~ arM Ki~~w~llr N+wlud t~ Le wi~i ~w s.K? da). swf~i~i~s i~ su~ K~w~»M ~~N •r hereia tAr contnry ~~?i~hsltedin~. 1 j 1 TA~1 in ~~der 1~ ~ee~letite tl~e n~~t~tity ~1 ~I~ ;.~e«a~~N I~~resr ~ecurei~ I.~c~uar +f ~he f~il~~s ~f ~t~e MKtp~t t~ Pq t~a. ~y~~unrnt. liaailu~. ~blipti~w ~r ewrwwbr~~e ~y~~ ~aid ptopeatl. w 1~t~eiw p»vi~e~ i~ ~b~Q uN be we~~wq K ny~w~~e ~Mt ~br N~ktwR« •hall /in~ tAe wwe. TI~ ~Tortsaaee mar~ at hi~ optioo, aad without waivieg I~i+~ right to atcele~ate the indebtedoew her~br ~ecue~ed aod to foerclo~e the u~ae. par either b~el'ore ot after deli4quency anr or sll uf tho~e cert~io obliRatioaa r~eq~ired br the term~ hce+~of to be paid by the Mortgaeos Eu~ tbe protectioa of the n~ortgage .ecu~ity o~ for the coUee- tiou o(' the it?dcbtednew hee~eby ~ecuced. All aum~ w adva~;.ed ae paid br the \lortgagre rhafl be eharReJ ioto the mort6~ge account aod be~.vme an inte~,ral part thet+eof. subject ia •11 ce~pect~ to the ternis. condition~, and covenant~ of the •(orwid mmi~sory aote. aad thia mort6a 6a. u ~u1:r oaa eo et~ ~<<<~~ s~ thou6l~ ~ part ot tl~e ori~inal indrbtedne~r eviSenccd by said note and ~eeuned by thi~ mortg~6e, exeepting huwtve~. th~t xaid ~um~ ~hall be npaid t}~e blortR~Ree fo~thwith upoo it~ deuuad aod be in addition to the nRular n~otuhly inatallment~ pwvided hy the ~nort6~Rt aote. ~ 3. That tl~c aF~tract or •batract~ of titte coverio6 t6e morfXa6eJ prope~ty aluU st ~11 timeti duria6 the life ot thiu ~~ort~a6e. re~nain ~io pa~sei~ian o! tlie Mort~aaee aad 'w er~at of the i~mlawre of tbi~ mortRaae or other trsosfcr of title to thc n~o~t~s~r+i property in e~tin~ui~hma~t ot t!x indebtedear+ ~eeured herrby. all riRht~ title and intereat o[ the blottRaRor in and to aay such a6atracb oi titte ~haU pa~~ to the p~~rcha.e~ or Sraetee. 4. 'I o tfie ettcnt o~ t6e indebtednw o[ the MortRa; or to the MortRaaer dncrihed herein or secured hereby. tfie 1ltortga6re u hercb~ wbro~ated to the lieo or lieiu aa~l to the right~ of the oHnen and haldera thereol of each and ererr mortg.~e. liea or othet incu~nbran~e on the land de~cribrd herein Mhich is psid snd/or eati.6cd~ ia whole or ia part~ out of the proceeds ot the lo~q de~eribed herein or ~ured herrby~ anJ tl~e ~pectir~ lien~ of ssid mort- RsR+a. liem or other incumbrauee~, ahall E.e and the ~atne a~d eaci~ ol' the~n hcreL~ i~ ~.re~erved and ~6s11 paa~ to ~nd ~ he heid b~ 1he .11ottRa~ex henrin as ~ecurity tor the indcbtcdn~.M to thr 111ort~~Ree heerin dcxribed or hereby ~cu~ed* ; to the asm~ esteot that it Mould l~ave heen pre~ened sod would have heen awed to and bcen held br the ~tortga~ee i~sd it brea du! and re l~rl a~si ir~adernd. ~et orer. and deli~e ! y !N r IP~. uuto the 111ort~aRee by ~e~.arate aeed of ~ ari~pu~ent~ not~.ith~tandinR the fact th~t ihe ~ame u~aJr be satis6ed a~d c~noelled ot ~reord. it bcinR the inteation of the partie~ I~erete that the ~ame wrill be Ntisfitd ae~d eaaoellod of e+ecord by the holden thcreof at or about the time of the rernrdinR t?f thi~ most~a~e. ' S. In the event the owaenhip of the mort6a~ed premi.rs, or ae~ part tl~ercot~ beco~nea ve.ted in a penon othcr than tl~e ~1ortRa~;or. the ~tort~aKre may~ without aoiice to tl~e \:on~a~o~. deal witl~ such sueeewo~ or su~ees+an in iutertst ~.ith rrfe~rnee to thi~ deed and the dcbt heer.br necur~ed. i~ tl~~ ~ame maoner aR ~.it~ thc ~tortRa~ar without in aav w~r aiti~tinR ~r di~char~inR the ~1ort~a~nr s lubiiit~ her+eunder or upon the debt herebr ~cured. ~Io sale ot tl~~ j~remi~ heerb~ n?ott 6sRrd and no forbearanee oa the part of the tilonRa~ee~ and no e.et~n~ion of the time ior the ~~r„~~~.t of th~ debt hereb~ ~ecur+ed ~ivm br the Moti~a~ ~haii operate to ?eles~e~ di~cl~ar~e. modily. eh~n~e or ai~Fect ~ ~be ori~inal liabi~itf- of the M~?rtRw~or hercin either in wrbole or in part. . TI~~ lien of thi~ deed ~ecnrh aad ~hall ooatia~ac to ~ecue~e pavment of uid inde6tedne~s or indebtcdnesti I~owe.er evidenced, wh~ther by said Fromi~sor~r note or aey renewsl or e:tenuon t6ereof or ~ubatitute ther'for. or otl~en+i~e, until all sueh indebtednews ~h~ll ha~e betn fall~ paid. 7. In fhr ~i~~nl tht mnr/~n~ors s~ll, ronnry nr frnns(t~r fh~ ~nn~t~n~~d pr~miscs d~~rin~ tl~c li/t o/ Ihis ~nn~~~,,r, fhtn lhis ~n~rt~~~t shall, nl tlre oplinn o/ l/et A~orf~n~~t h~r~in, Lt~nmt immrdio(~ly dut nrtd payablt jor ~Jrt /trll sui~r u/ lht ~i~intrpol l~nfnn~~ nrrd inltres[ ~htn du~. - 8. The term~ °MortRa~or" and °Mort6a~ee" whenever used i~ thi~ instrumeAt ~1~a1! include the heirs~ penon~l ~e~ut~otxti.•es, snn~c~ror~ and a~nip~ el' the rewpeeti~e partie~ herr.; W6ercver u~cd the'ioRul~r numher sball includt tl~e plural and tl~e plu~al the ~in~ular. and tht u~e o( anr ~eade ~hat. ~elude all ~eoden. Si .~ealed and deliv red i the prr~oe of: ~ ( SUL) STATE OF F[.O~IUA - (:OUNTY Of ~ ~s ST. ZIIC Betore me person~llr sppeired C~~~,'~'rT ~~~/I$ ~~~ied S8II t~ ~ae svell knowa ~nd lcnows to me to be the iadividnab dacribed in and ~rho ezeeuted the toe+etoio6 ~n~tsuetiea~ and sekaowled~ed betore me that ther e:eeuted the Niae for the urpwe~ tl~ereia esprrwed, WITNES~ ~nv h~nd aod aici~l ~eal ia tbe Counq and State !ut afoe~a+~id tlw 3~~ D~ Ot DOC r~ 1,9(~? yIr Co„~,ni..;oe Espi~•: J~e 30, 1971 ~~~ry Pnblie. 5 Flori • _ FILED aND RECORDED ~ - ~ ~ ~ ~ ST. l.UCIE COUN7Y, FLA. , - ~ ~ ItE_CQR~ VERIFtED ~ ~ - 163238 _ . . - '68 JAF~ 3 PM 3:26 .,t : . r~ ,s CLERK CIRCUIT COURT ~~i~.i~7 ~E~~ • .