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Our iil• F3-16,054
M~~t~~pe. Iw e~enl d f~e~elw~tire ~.I IAi~ u~snR~R~ ~i ah~~ erad~~ ~l eitit 1~ ~hc ~,~~t~aR~d p?~pen~ ~s ~~I~n~t~i~bw~~wl ~A~ ~eA.M•
sdwe~a w~cu~ea h~r~b~, ~1) ri~lN. lill~ ~w~ ~a~ttrN d Ilw Men~~+~ ~w ~~~I 1~ ~er ~w~~~~nre psl~~i~~ IMw ~w f~n• ~MII p~.~ lIM
~Yff~Kf ~11 ~f~hl~t
(1) T.. ~~~Rn~ t~apl~ witG ~al dide e~~h •nd ~~t~y IAr Mip~l~~i~n~, ~R~esm~~~~. f~Adlt~~A~ ~e~) ~~v~nawl~ ~w u~d p~~ew~~~~~~
nN~ ~nd iw 1Ai~ dcrd wt (~~h.
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(i) r?.~ ;r ~ Nid ~utn~ ~1 m~we~ 6~~e~w tefe~~~d Le eat p~~.-:~:ty ~nA tull~ p~iJ withiw flftr~n d•y w~at
~f~er ~M Mu~e ~tre~~ll~ bttetn« dre ~wd p~~~ble. ~r if e~cl~ ud e•~ry u1e ~~ip~t~~~~e~, •~rce~w~nu. ~oadui..+w •ed ~~v~,~~n~~ sf ~a~A
yr~u~iw~ry ~e~e sod t6~~ deed, ~i~he~. •re I~N IYII~ Dl1~Ol~ntd. tNaplied vi~b ~nd ~bidcd Ay. t`e ~ai~ •~Rre~ta~~ •u~n ~n.n~ioo~J iw
YI{I Of~f111YOf7 n~te absll bcco~ne d~~ ~nd ~~~ble t~~tbwitS~ or Ihtro~f~~t ~t 1he op~iew +t Ihe Non~t~~lce N IYII1 •ed rstnpl~t~lr a~
if the wid •RRrepte ~wn d~~id proe.i~~r w~t~ ~rw KiR~a~llr ~~ipulud t~ l~ o~id ~w ~u~A d•~. ~wrlhiwR iw N~d p~~w~w~
a~ hereie t~ 11?e csnln?~ nN~.ilMlandinR.
Il~ Th~t ie ~rd~~ ~ee~len~e t~e nutu~ity ~ ~b? inde0~edwe.a A~~eb~ ~ecu~ed. I.ec~~K w( ~he f~ilure ef ~be M~~t~R~r ~o p~~
I~t. •au~unen~. li~silitr~ sbli~uisw s~ snru~nl~r~n~r vpos ~rid praaertr. p l~ereiw pnvidedr il ~h~ll o~~ bc wr~e~ury N r•auu~~e tA~l
Ih~ u~~~t~aR~~ ~h~ll Ant p~~ the ~~me.
2. Tl~e 11~orts~6ee m~y~ at hi~ optioo. aad without w~iviog I~i~ right to accelerate the ind~bccdoes~ hercby
~ecured aod to foe~eelo~e the ~~me. pay either b: fore or ~fter delinqucnc~ ao~r or afl u~ thosc ccrt~ia obligatior.i
reqnie~ed by the term~ he~of to be paid by the Mortganor fu~ the protcction ot the ~~ort;,ree recu~ity or for the eollec-
tion ot the iodebtedneN henbr ~ecuced. All aumr w ndvac:.ed o~ paid br the ~io«a~6C~ ~i~ali be chargeJ into the
mort6age account and become an inte~tal pwrt thereo[. ~ubject iA YII rc~pect~ to the ternu. eondition~. ~nd cove~anu
o( ~ha •tornaid promiMOrr aote. and thu moctsa a. u~u1:y aad to the asme ~:tt~t though a pan of tl~e ori~io~l
i~idrbtedneM e~~idencerd by said aote and seeured ~y thi~ mortgage. excepting huwtver. th~t ~aid aum~ ~hsll be ~epaid
the Mo~t~aRee fo~~hwith upoo it~ demand aad be in addition to the nRular o?onthly inetallment~ provideJ by the
~nori~+~6e oote.
3. That tl~c ab.tract or abstraeb ot title ooveria6 the mor~ga6eJ propert~ ~l~ali at yll tir~nen~ durinR the lite ot
this ~no~t~a6e~ rc~naio -in po~es~ioa of il~e MortR~gee aad 'w cvcat of tF~t f~rcclo+wre of thi~ mortg~ae or othcr tran~(er
of title to thc niortRa~r.i property in e~tinFui~hment oi the indebtedne.+~ ~ecur+ed herrby. all ~ight. title aod intere~t
oi the 111oriR~Ror in snd to aoy such ab~t~~cb of title sha11 paa~ to the pnrcha~er or 6~antee.
4. 7 o the ertent of t6e indebtednca~ of the Mortga;
or to ihe MoriRa6er de~crihed he~ein or secured herebr.
che 111ortg~Ere i~ hereby wbroRated to tl~e lieo or lietu an~l to the rigl~t~ of tl~e o~.nen and !~~Idere thercof of each
aod every mortg~~e. liea or other iocumbraaee oo the laad describrJ henin which ia paid ao~l/or sati~6ed. in whole
or in part, out of the proeeed~ of the loan de~cribed hetein or ~ecured here6y. and tl~e re~pec~irc lien~ of said mott-
RaRea. liern or other incumbraticd. ~hatl hr. and the ume and eseh of th~~n hereb~ i~ ~~?e~erved and sh~ll paw to and
l~e held by th~ ~1ortRa~ee i~erti~ s~ ~ecurity for the iodtbLrdn~~ to the 1liortRaRet ber+ein deNribed or h~r~by ~cur~d.
to tl~e um~ e:t~nt that it Mould hart heen preierved and would have !?een paucd to and bcen held by the ~tortga~ce
I~sd it hren duly and KRul~rly a~si~p~ed. transfe~red. ~et over. and dcli~ered uuto tl~e MortgaRee by sry~arate deed of
a~i~punen~ not~vith~tandi~R the fact that the ~ame may be wti~6ed and cancellcd of record~ it beinR the inteotion of the
~iariie. lierete th~t the same will be ~stis6ed aed eaooelled d' rreord by tl~e holden theren! at o~ about the time of -
the rirn~+linK of thi~ mort~sae.
S. In the event the ownerahip ot the mortga~ed premiw~, or any part tl~ereof, becomes ve~tcd in a penon other
than tlu ~1nrtRa„or. the ~1ort~~gre mar. withaut notice to the 1:ortFi~ar. deal witl~ suc6 ~ucceasor or .ueeeswn in
i~~terest ~.ith rrfereoee to this deed and the debt heer.by accund. in tl~~ ~ame maoner a~ ~.ith th~ 11ort~a~or without
in aov war ~itiatinF ot diaeharging the A1ortRaRor
• liabiiiiy henrunder or epon the .l~b~ h~~br ~cured. \o sale a(
tl~~ ~.rCmi~ I~errb~• n~ort6a,Rrd and nn forbeatanc~ on the part of the !11ort~a~ce. and no eYt~n~ion of the time fo~ the
r~rn~~~~t of ~I~~ d~b~ h~nb~ ~e~e~~red ~iven by the tdortga~,oe ~hall operate to nlea~e. diacl~arRe, nnodify~ eh~nRe or afiect
the oriRinal liability of the NortR~~or hercin either in w6de or in part. •
Tl~~ li~n of thi~ deed t~ecurrs and ~ha11 eotatioue to ~ecune pAVment of uid i~debtcdne~~ or indebtedaes~.
i~ewe.e~ evid~ncrd. whcther by ~.aid pmmi~sc?ry note or aay renewsl or ~stee~ion there+~f or ~ub~titute the~rfor, or
' ot~eerwi~e, until al! aueh inJebtedne~s ~hall have been folh paid.
I 7. !n tlr~ n~~nt tbr mn~~~n~nrs srll. ~nnr~y nr fransjrr fh~ mn~l~n~~d ~r~mi.st.s d~n-in~ thc li jc o/ //ris ?n~~~~~n~•r.
I chtn this mnrt~nSt shall. nl t/r~ op~ion o/ tht Aforl~n~it hn~in. G~romt immrdraltly dut nrrd payab/t /or N~t /ul! su?n uf
' th~ principnl balnn~~ nnd infer~sl lfetn due.
8. The term~ °i~lortRa~or" and "Mort~a~ee" whenever used in tl~ia instrumeat ~I~all incluJe the heir~ personai
r+e~?re~nt+~ti~•es, ~u~en and a~ni~cn~ of the re~peetive portieR her+etn. R/he~ver u.ed the'ia~
•l~r aun~ber abal! intlude
the plural and the piural the ~inRular. and tht uie of any ~cnder shall inelude all ~eaden.
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S d, ~eaied an elive ia the prc nte o(: , (S~~,j
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~ STATE OF FIAZtUA ~
' COUNTY OF ~ s~
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~ Be('oST~ne ~nona ~ appeared NORMAN GILLIS ~1d BEUNICS GILLIS~ his i~ii~9
to m~e ~+ell known aad icnown to rae to be the iadividuai~ described in and ~rho exeeuted ehe fore~toiaa inatsumcat~ aad
ackaowledRed before me th~t they e:ecuted the sarne for the Purpwe~ ihenia e:pr+ewed. ~/ITNES~ mv h~od aad
oieial ~eal in the County aod State lut :loresaid ~Iw lOt~ DA,y oY Febru ~ 196$
Mr Co~nn~i..ioo Expier•: J1I~B ~O ~ 1Q`jl 11'ot~ry Puh1iG State o~ -
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RECOROED' _ ' • " ~
FILED AN~ ' ' .
. ST. I.UC~E COUHTY. FLA. , . ,
C:.,,. _ .t!-`~n
:,~-.C ' 2ti.y ~ . _ .
is~~ ' , ` -
'68 FEB 19 AM • 2
::r : u.~NHs _
CL~RK CIRCUIT COURT D ~
_ $~c~~ ~f~ i~
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