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MKtp~. 4 cvewt d f~erclM~c +f ~6u u~~~tp~te K Nher ttrwfsr ~I ti~l~ t~ tl~c M~1M~ M~MA1 i~ ealiw~i~~ 1 ~A? ~w~eM•
edww Me~e~ M~elr. ~il ri~t. li~l~ u~ ~ate~eN ~1 tM Nwt~t iw aMl 1~ ~w~ iww~~we~e rli~ih tlr?w i~ f~ne ~11 ~w 1~e
weeW.• +r lon.~.e.
t\) Tw ~~tw. eNpll ~rith a~ dide `r eKl~ ~~d e~ery tb' ~tyul~tiw~ •~prNwa~t~. eMiiuw ~w~l e~re~MM i~ w~ M~~1
u~t~ -:+J iw 1ri~ i~e~ ~ t~tl~.
(i) 71rt i1 w~ d ri~ ~rwr ~f s~~ ~e~eiw refernd u fit M1 K~wN!! ~ f~lly ~~rid~iw fIt4Y~ Mf~ ~a~
JtK tht wrt ~twnll~ ~ceMN dre ~wd pqabk. ~t J uc\ awi svice~ Il~t ~ti~IMiw. s~e+w. e~witi~ a~ ~wwwM d w1
K+~iwr~ Mte ~i t~w ~l. K eit?cr. ~re nN fnllr pu/ww~er. eww~li~ ~+id~ ~wd ~iiid ?f. tM w~ a~t~Me ~ww wew~iMS~ i~
YI~ ~fMIMMf7 MN ~tMA! ~11+ Ny~~! IN'1~1~I1t~ ~t l~tKlltf N 1`t O~IIN ~~f1~tM M M~ r
i~ l~l! N~, •~p~e j~ ~w11 ~ MI, ~fOOIIMKy Mlf wN NiRiM~~r N~~N~~ t~ bR M MM'~ M~~j V M~, MM~MM~ ~~M
~r beniw t~ t~e eMerup Nt~+itlwtandin~.
tl l Tlut iw ~e~ t~ ~ec+ler~ee the nutorit~ .f ~t~e iwdebtsd~eu l~sre6~ ~eewe+. bauwe .f tbe f~i{rn ~t dw M~tIM~M~ Mf rf
b:. wew~neM. IWiliqr. ~IiptiN ~t ewcw~br.n.~e ~p....ia ~e~pse~r. M hereiw fnri~ it ~MII ~l `t w~e~w~ ~r n~~Ni1t tbt
tbe a~tw~ ~all 6at N~ thc wae.
Z. Tl~e Moetaa~ee ma~, at hia option. and without waivu~ 6i~ risht ta aooelerate the iadebted~ heeeL~? ~
~ecured aad to [ot~lo~e tl~e same. pay eit6er bei~+re o~ Jtar deliaqwwcy a~ er alt ot tlw~e oertai~ ~bli~tior
~ec
reqaired br tl~e ternM hee+eof to be paid by el~e Mo.-t~~or [or t6e proteetioa o~ ~.~ri~r ~ r~ ~»t~
tioa o~ tl~ indebtedneM bee~ebr ~ecured. All sumr ~o ~dvaooed or psid br the illortp~e shall bs ehar,sd 'uto t6s
mort6a6e account asd beoaee aa iotesral p~rt ther~ol. wbjact ia aq e+apeea to t6e tenw. oonditioM, and ceveaaot~
of t6~ afoe~eNid pran~~ aote. ~ad tl~ mortaa~e. a~ [all~ aad to t6e s~s~e exta~t aa thou~ a p~rt ot the oriRioal
indebtednc~s evidcnoed by s~id notc aad secured bf thi~ aartda~e. exeeptiaa huwever. dut ~aid wwu~ ~hall be repaid
tbe Mort~a~ee forthwith upoa it~ den~and and be ia additioa to t6e naular maathly install~neat~ provided br the
inort~~e oote.
3. Tlut tl~e abstract or ab~tracu of tide ooveriaa t6e mort~a~.rl propert~ sl~a11 st all tiene~. durio6 the li[e o~
t1~u ~aort~~e. t+emain •in pvMeaion oi the Mort6a6ec and in evcat d tl~e foe~eclowe+e af this wwriaaae or other uaafer
o[ title to the awrt6a6ed Property in e:tin~uiahment o~ t6e indebtedna~+ ~ecueed hereby. all riRht, title asd iatere~t
of tire Moei~or ia snd to my such ab~tract~ oi title ~haU pab to the pnre6a~er o~ ~aatee.
4. Te t6c ectmt o~ t~e indebtedne~ d tbe Mo~or te t6e Mort6a~ee de~cribed hereiw or ~ecnred 6erebr•
the 11fo~taa~ee i~ bee~b) wbro~ated to t!~ lim or lieo~ and to the ri~6b d the m.-nen and holden tl~ereo~ v! eaeh
asd e~ery mort;aae. lien or other incumbranoe oo tLe land desc~ibcd hetcia ~r6ich iu paid s~/or wti~6ed. ia wi~ole
or ia part, out u( the procee~b of the loan de~cribed l~ereia or aeenred 1~ee+ebr. a~d the ~edi~e lier of Mid wort-
liea~ o~ other incumbraneea, ~hall be and tbe aaa~e and each of tLem bereby u p~erved aqd ~all aM to ud
b~e
}~ie1d bf the Mo~t6aaee he~+ein a~ ~eeurity foc t6e indebtedneM to the llfoet~a~ce bereia de~cribed or here~ ~eeured.
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to tbe same exteat t6at it ~?ould harc beea pre~encd ~nd Mrould have beea a ae~ beea 6~W by ~ Mort~6ee
had it beea duly and re~ulady aMi~ed. transferned, ~ct orer, and deliv auts t6e Mortaa~ee by ~eparate deed of
aasiQunent, ~wtwit6standia6 t6e faet that tbe samt auy be satidied aed ~Ikd at eeesed. it bana tl~e inteatioa o( tl~e
~~arties hento tlut tbe saw~e will 6e ~atisfi~d aed r.a~oelled d record bp tl~e l~olden theneof at or abort ehe tiw~e o~
~he rrcordinR oE thi~ ~noetp6e.
S. Ia tbe evcnt the ownenhip oi tl~e mort6a~ed Premise~. or aay psrt there~l. beco~nes vested ie a peeroa other
than tlee MortRt6or. the ~io~a ee mar. ~+itl~ont ootiee to d~e Mort~aaor. deal ~rit6 ~ueh wcteMOr or sutee~ots ~u
i~~tera~t M-ith refce~e~ce to thiu ~ and the debt 6enb~ ~ecnred. ie tl~e aame mannec as ~rit6 the MortRsRor without
in an~ war ~itiatin~ or d'nchar~pnR t6e Mort~aRor
• tiability hereunder or upos the debt herebr ~eenred. No Mk o( '
tl~~ pr~mi~e~ hereb mort a~ed anA no ~orbearancc on the part of the NortRaRee. and no extemion of the tia~e (or the `
parmeat of tl~e de~ hee~e~~ ~ecuned pven by the MortRaae~e shall operate to reka~e. disehary~e. n~odify. eh~a~e or aieet j
the ori~inal liabilit~• of the Mortp~or hereia eit6er in w6ole or in part. •
71M lien r+f thi~ deed ~ecure~ and ~hall eoatune to ~ecnn parn~at of said iadebtedneN or indebtedse~
howe~er evidenced. whet6er by said prwni~wry note or a~ reoewal or este~~ioa t6ee+eof or wb~titete tl~eKf•r. or
otherMri~e. ontil sll wch indebtedeeu shall have been fnllr paid.
T. In llic n~rnt tlu m~rt~~~ors srl1, ront~~y nr [rnns/r~ tht m~rt~aG~d prtmises dttrrn~ ~ht li~t o/ N~is ?n~n~~n,~.
I; thrn ~his moreRnQt shn(l, nt tht. opcron o/ tht 11lortRaR~~ htrzrn, b~cnmt rmm~dial~ly dire nrid paynblt for tht JuH su?n o~
i th~ princepnl Gnlan« mzd inltrtst thtn due. ~
~ a. The term~ "Mortaaaor" aad "Mort6a6ee" wkenever u~cd in this ioatrun+est d~all inclwle the hein.pe noaal ?
~ re~?ee~entative~, wcees~or:+ and usi~ e( tl~e reip~etive pa~ties i~ereta ~/herevu n~ed tke ~ia~ular eoml~er shall iwelnde
~ the plural and the plural tl~e ~inRnlar. and the u~e of any ~ender sl~a11 iaelnde all ~enders.
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~ Si d. ~eakd a iv in the preaence ot: " lSs~?L~
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STATE OF FLORIDA u
COUNTY OF~
I,IICIB JA2~3 H. GILBBBT and gGIZABL"1'H H. GII~BSST, hia
ore :we penooally appeared yife .
to ~e rrell ksowa and kso+ra to ~e to be the iodividwb de~cribed in aad ~rho ~eentea t6e loreaoi~; iw~trow~ent, ~
~ aekno~rledRed be(ore n~e tlut ther e:ecuted the ~anu (or the purpo~e~ t6ereia enprered. ~ITNESc w~ haw~i s~i
~ oieia! ~eal u tbe Couaq and State la~t aloresaid thi~ 2~ DB~I Ot K lt~(~ - .
~ .~.,t~~~'•"-',~q~ ''P'
• ~i
~ ~C~
aune 30, i971 : , ;
~ Mv Cow~w~i~sioi E:pire~: Not.ry Pub1iG 5ate _ ~
~ FILEO ANO RECORDED : - " ~ ~ ` ' ~ ~ =
~ ST. ~UCIE COU":TY. FLA. ,
~ - ~ '
1658~1
~ 'v8 APR 4 PM 2: Z2 ~L
o~'- .
'~'i`'= - . ~L'' ~ s ~
~ CLERK CiRCUIT COUR ~ry e~
~ BOOK PACE 1
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~~i,a~'~~3-~-~~~ ._s~s _ ,~.w~~~~ r