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Our Sile FS-16,055 ~
M~M~~pr. !w e•en~ ~ f~re~clh~re +i 1Au enwrtR~~ ~~I~~~ tr~nd~i 1i11t f~ IAe w~~rt~~R~d pr~peA~ ~~liw~~i~l?o~~n~ ~M .wMA1~
edneM ~ecu.ea b~resr~ ~11 riRAl. li~l~ ~wJ ~a~er~N d ~M M~~~~aa+~ ~w ~~.i 1~ ~wr ~MY1~M! psl~~~~~ tMw ~w f~r•• ~A~11 w.~ tV
~~n6ws? Rr~wt~t
f~l T~. pr~(~m~~ e~orpl~ vit6 ~?ide e~~h ~Q~I fYtf~ 1IM ~ipYI~H1M, +~~ee+w~~~~, ~~~d?ii~w~ and •w~~n~wu N~d Pr~.wu.+~~
~M~ ~nA ~w ~Ai~ deed ~tt I~nA.
lil Tha~ if wid ~urrr d m~ne~ 6~t~~n rete~~~d Le na prc::~:ir •nd tully pai~ .+~~ie flttr.~n d.r• w~a1 ,
~(te~ IIx ~~ne ~eve~~ll~ ber~mw dre ~wJ p~~~ble. ~r if e~ch •ed er~~ u1e ~tipul~t~sn~, •~ren+~tnt~. rahd~~iuM •nd ~~v~u~n~~ w~d j
p~~wiy~~ ~ote ~od t6~~ deed. either~ ~n n~~ /ullr perio~+eed. co~~~plied vitA •nd abided hr. t?e uid a~Rrep1~ •um m.e~io.:~J ~e '
~iJ pr~mi~ery nele a6~11 beco~ee Ad~ •wd o.yble f~rtAMrit~? w ~he~rd~~~ r1 1hc op~iew ~ Iht ~1otIR~Rte u lullr •~d ~w~npl~t~IJ Y ~
i/ ~!?e ~aid aa;reia~e !Y!N ~f a~~d pwni~ss~ wM~ MN ~ri~~nallr ~tip~IqeJ t~ I» o~id ~w ~wh d~). swy~hieR u s~~A P~~w~w~~, ~
sr hereie t~ dK eooth~f nM~+~~hNanAinR.
fj1 TAu in ~rder aee~le?ue tlie nuturi~r d tM ina+~btcdae.a A.~eb~ ~ecured. I~ec~~~? rf ~he hilure e~ tl~e M~rtqR~r t~ p~~
t~t. ~wt~urtewl~ li~~ilitr. ~LIIR~IIM ~l tUfY~I~dIaR~Y up~w ~~io proaerir. w l~ereiw y?~vided, il ~h~ll n~t be n~rewn w r.a~u~~e ~A~t
~h~ u~~rtraR~~ ~hdl An~ ~r the ~une.
2. Tl~e ~1ort6~6ee m~y~ at hi~ optioo. •~d without waiviog l~i~ right ~o accelerate the inde:btedoea~ h~~~br
~ecuced aod to foc~ecio~e the ume. p~y either b: fore or after deli4quency anr or a!! ..f tho~e ceriaia obli~stior.~
reqni~+ed br the term~ hereof to be E.aid by the Maregi~or fu~ the protcction ot the n~o~rtgage ~ecu~ity o~ fo~ ihe collee-
tion of the indebtednew hereby ~ecured, All aum~ ~o ndvea;ed or paid by the \iortgagce ~i~a:l be ch~~ged into the
mort6~ae aecount and become an iate fr~l part thee~eof~ ~ubject ia xlt respect~ to the ternu. conditiona~ ~nd eovenaats
of ~i~t ~foresaid promi~sorp note. and thia moctsa ga. u(ul:y aad to the sa~e ~Ytent sa thouah • p~rt of tl~e oriRio~l
i~:debtedr~ea~ e~idence~d by ~aid ~ate and secured br thi~ mortgage~ excepting huwever. t6~t +~aid ~um~ ~hall be repaid
the MortRaRce toithwith upon it~ deu~aod and be ia addidon to the reRula~ n~onthlr installmenb provided by the
~nort~,~ge dote. .
3. That tl~e ab~t~act or abstracb of title ooveria6 t6e mortga6ed property sl~all at yll tifieR, duri~R the lite of
thiu ~nortFa6e. re~~ain ~in pos~eaioa of the Mori~~aee ~ad in evcnt of the fonclo~ure of thi~ mortRaae or other trsnsf~r
ot title to thc n?o~tRa~Hl pwperty in extinRuishment of t!x indebtedn~s ~ecured herrby. all right. title snd intere~t
o~ the blortRaRor +n and to aay s~ch ab~tracta of titte ~hall pa~~ to the p~~rcha~er or 6rantee.
4. ~ o ihe e<tent ot tbe indebtednea~ of the Mortga„or te the MortRa6e~ d~~crihcd 6erein or secured F.rrcbr.
the 111artg~6re i~ hereb~ wbro~~ted to tt~e tien or iieni aa~! to the rig!~ts of tl~e o~.ncrs and holdera thereof of each
and every mortg~~e. liea or other iacumbrince on ihe laad deacribrJ herein v.hich is paid an~l/or sati~6ed~ in whole
or in part~ out di the prceeed• of the loan de~cribed herein or ~eeured h~reby. and tl.e resp~c~iv~ liena of aaid mort• ~
~a~ liem or other ineumbran~w, shall 1x~ and the a~me and eaci~ ~?f tF~e~n hereb~ i~ ~~~erved and ~hall psM to and -
Mt held b~ th~ ~iort~agee i~eerin as ~ecurity For the inJebt~dn~w~ to th~ 111ortRaRee herrin dr+cribed or her~by e.cur~d.
to t6e aam~ ezt~n! l6a! it Mnuld h~ve heen pre~erve~! and would havc i?een paaed to and bee~ hcld by the ~iort~a;,ee
I~ad it bceo duly and reRul~rlr awi~p~ed. traaderred. ~et over. and deli~ere~l uuto ti~e Mort~a~ee by ~e~~arate deeJ of
uMipunent. not~. ith~tandin~ the faM ihat the ~ame may be nti~6ed and cantxlled ef ceeord. it bein~ the intention of the ~
psrtie~ t~eret~ th~t the same ~vill be sstia&ed and caaoelled a~ mord by the hold~n lhereof at or about the time of '
th~ rec~rdin~ of thi~ mo»R~~e.
S. In the erent tl~e ownership ef the mortgaRed premiws, or an~- part tl~ereo~~ becoinci ve~tcd in a penon other
than tl~e ~IortRa;,or, the _1lortgagee mar. without aotice to tl~e A:ort~aRor. . deal witl~ such suece~sor or succeawn in
intere~t ~vith rrferenet to thi~ deed and the debt herr.by nccured. in tl~~ ~ame maoner as ~.ith th~ \tortRa~or without
in a~~v war ~itiatinR n~ dischar~ing th~ ':1lortR~Ror
~ liability herruad~r or upnn the ~lebt hereby Kcured. ~io ~ale af
tl~e ~~rrmi+~ 1~errb~ mort6a~rd and n~ forbearance on ihe patt of the ~1ortRa~ee. and no ext~eRion of the time for the
p~r.~~~~~~ ot ~h~ debt h~rrb~- scen~+cd ~iven by the Mortga~or. ~hall operate to relea~e. discl~srRe. m«lifr. ehanRe or aiTect
the oriRinal liability ot the Mo~tR~xor herein either in wrho~e or in paet. •
b. TI~~ lien of thi~ dced ~ecorrs aed shal! coatinue to ~ecue~e pArment of uid indebtednc~~ or indebtedacsa.
I~owever evid~ocrd, whct~xr b~• uid pmmiwory nott or azy renewsl or e=ten~ion thereof er ~ubstitute therrfor. or
otleerwiae, until all such indebtednews ~h~ll have been fullv paid.
T. Jn I/?r rrrnt ll~t mnrl,~a~ors srl1, ~nnn~y ~r trnnsf~? llr~ morl~n~rd rr~mists d~n~inS tJre li/e o/ ?/iis ~n~~~i~?,~.
thrn this mnrt~n~~ shnll. a~ t/rr ortrnn oJ the Afore~~~~t hn-rin, b~rnmt imm~~l~nttly dut ~nd pay~b/t Jor t/~t /u/! sun~ u!
~ht p~inrepol /~al~n~~ nnd in~~rtsf lhtn due.
8. The terms "MortRa~or' and "MortR~~ee" whenever used in t}~i~ inatrumeat ~t~atl ieclude the hein. perwnal
repee•rnt~.tive~, eucee~on and api~ ~f the e~e~pective partie~ herrto. 'Nherever u~ed the tio~ul~r nunnl~er sh~ll include
the plursl and the plural ihe aia~Isr. and ihe u~e of anY ~ender shall inelude all ~enden.
Si d. ~esle.~ and d ive in the pre~eaoe of: . , (Su~
~
( Sc~u.)
' STATE OF FLOZIUA
(:OUNTY OF ~ ss
, BefofT n~J~nonaily appeared ~~'~W f~~ GW~ a~d JOYCE GWINNUP ~
to ~ae «ell known •nd icaown to me to be ~~di~~di~~ls described in and rho e:eeuted the tore~toina in~trnment, ind
~ckaowledRed before tnt that they e:ecuted tbe same !or ihe purpwes tl~ereio e:prewed. ~/IThE~~ mv h~nd snd
oicial ~~i in tbe Couatr and State lut afonaaid thia QSb D8~' OT @b 8Z'~' ~ 19~ '
N~ Commi~ioa E:pire~: June ~SO~ 19']1 naary Publi~ 5tate
F1LE0 AMD RECOROED~ "`=i ~ '
v J' ' ' ~ j _
ST. LUCIE COUl:TY. FLA. - ~
'~r ~nn'^ ' 1~'(~ .
.LS~~2s . _
's8 FEB ! 9~t~ ~0 : I 7
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c~.~aK cs~cu~r couRr aoox~~ p~~i~~ '
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