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HomeMy WebLinkAbout2586 ~ ~ . . Our file FS-16,423 M~t~p~. 1~ e~cw1 (KSCIM~rc oI ~bi~ ~n~M~~ ~~het tnw~(e~ ~t litk 1~ tiK M~+t~pei ~t~/eAr i~ ~atiw~iJ~ew~ J ~I~ ~wMM- edncN .ec~red `erebr, •11 ri~l. ~itl~ ~wd ~n~ered ~f ~br Msn~yl~~ i• ~wd ~w~ iwwnwre rli~in tl~ iw f~n• ~11 Pw i1~ ~Yff~~tf rf ~MIK 1?) To ~ai~ev~. eapl~ vitl~ wJ ~bidt by e~~h ~sd ever~ t6r ~yulati~w~, ~Rreea~e~U. ~~ili~w~ awa ~~vcw~w4 i11 M~d p«wiwel eNr ~nd iw t?u ietd ~et fKt~. ~ (il 'Ilrt if p~ ~I wd ~rar ~f m~wey be~e~n re(e~re~ a be ni ~~~mptl~ sad iull~ Mi~ Mitbiw AItN'e ~r ~ea1 die~ the ~a~ne ~evenllf ?ee«ew~ dae ~ad ~~abls, ~r it eae? ~wa eree7r ~ba ~upol~u~w~. ~R~eewewt~. r~wA~~i~ ~w/ N~aawb ~1 ~i1 yrNniwe7 Nte wd t?i~ deed. ~t ~itAer~ ~re n« fullr ~erfwmed. caupli~ ~rit? ~n~ ~biAe~ by. t`e wJ ~~peWe ~ww ~weMj~wsJ iw Y~II OfNtl~M~R Nlt ~II bltMM ~ire ana p~~Jle t~nLwith ~r ~hersafter N tbe opiN d the Nwtp~ee a~ f~ll~ ~ ~wwyle~dr ~ iI ~he s~iJ •~re Mlf ~Y~p ~1 ~~id y~ew+iwon w«~ .+w Ki~iadlr ui~l~teJ t~ bc wid ~w d~y. ~w7lYiwi iA ~a~ M~wiw~~ ~~M or herei~ t~ 1be eewthry wN~vitlw~odin~. 1 j 1 TA~t in erder a~ce..le~te the nuturitr ~I dK iedeetcdwen lK~cb~ ~erured. 4es~w? r( the t~ilrrt ~I 1it M~~~ h Mf Mf tai. swe~unewt~ li~bilitf. ~IiptiMi o~ encuu~brame upew ~~id prpertr. u Aetei* phvided~ it ~11 w~t `t wse~uf K/h~~ule ~bt ~h~ ~~~wtr~Re.~ ~hall tir+t p~~ tt+e wae. 2. Tl~e Mort~see m~y. at hi~ option. ~od wit6out wrivin6 li~. risht to aecelerate ihe indebtedsw he~br ~ecured and to foe+ecla~e the same. pay either befon or after delioqueae~ aa or all u~ thwe oertais obliRatioa~ required by the teniu luceof to be paid by the Moctsa6or !or tlse protection o~ t~ .~~ri~r ~ r~ ~~u~ tion o[ th~ ir?debtedneM hee~ebr ~ecuced. All sumr w~dvanced or paid by the Mo~taa~ee shall be eharasd iato ihe mort6~6e accounl and becwne an iate6r~1 pact thereof. wbject ia ~11 re~pe~et~ to the ternr. conditio~s, snd cov~aaab i~ ebtednea~ ea denced~ i d ~ote an~d ~ccuo~ ae. ~nl~lrrt ad to the sune ~rteat u tlwuah a part of ihe ori poal r br S 6e• exoeptia6 huwtver, that ~aid suau ~hall be K a~d the MoctRa~ee forthwith upoa it~ deu~and aad be in additioo to the reaular monthly installmeAts provided br ttk u.ort6r~e note. 3. That tl~e abntract or ab~tracb of title ooverin6 t6e mo~t6ased property sl~all at ~11 ti~r_d~. durio~ the life o~ thi~ ~nortga6e. tem~in •in pw~e~sion of the Mort~a6ee aad in evwt d the foe~eelosure of thie morta~6e or otl~er traafer of title to thc n~ortRaRecl property iu ettin~uuhment of tbe i~d~b~~d~ .ecu~d 1,eKby. all riRht~ litle aad intere~t of the 11IortRaRor in and to any wch ab~tracq o( titlt ~hsll pa~u to the pnrc6a~er or 6rantee. 4. 7 o t6e extcnt uf t6e inde6tcdneas o[ the Mortaa~or to the Mort~a6ee de~cribcd herein or ~ecured 6erebr. the 111artga6re u hereb~ wbro~•ted to the lien or liea~ and to th~ riahts of tl~e m.nen aad holden thereof of eaeb and every mort6aaq liea or other incumbnnce on the land dacribal hcrein Mhich is paid aad/or satis6ed, ia ~r6ole or in part, out of the proceed~ of the loan de~cribed berein or ~ecund hereby. and tbe respcctive lics~ d wid mort- Ra~e~. lien~ or other incumbraocea, a}~all be and t6e same and eac1~ af them hereb~~ i~ ~~re~erved aqd ~all paM to aad be held b~ thr Nortas~eeee hereia a~ ~ecuritr for the indebtedneM to the 111ort6a~ce herein deseribed or henbr ~ecund. to tl~e same extent that it Mould have hcen preserved and would have heen to aad been heW by the Mort6a6ee I~ad it been duly and re6ulariy aMi~p~cd. tran~ferred. ~et orer. and deli~e w~to tl~e Mo~6aaee by ~eparate deed o( a~u?ipunent, not~.ithstandin~ the faet that t1~e same may be aatis6ed and uncelkd af reeord. it bein6 the intentioa of the ~,artics I.ereto that tl~e samt ~rill be .atis6ed and caaoelled of record by the holden there.~l' at or about the tis~e ot thc rrcocYlinR of thi~ mort~aae. 5. In thc event the ownenhip oi the mori6aaed p[exnisM. or aa~ part tl~ereof. becomd vested in a per~on other than tiie '~tortRaRor. the ~iort~agce mar. witlw~t aotiee to d~e Moet~a6or, dal ~rith wch ~ueceror or iuteeMOn ia ~~tteraN ~.ith refectince to this deed and the debt herebr ~eeared. in tl~e ~ame manner aa ~rith tl~e MortRa~or witi~out in anv ~,rar ~-iti~tin~ or di~char~pnR the MortRaRor • liability herennder or upoa the debt he.+ebr .ecurcd. No sak o[ tl~~ ~.rrmiseR I~errb~• mort6a6rd a~d no forbearance on the part of the '~ionRaRee. and no extension ef the tinee for the j,ayment of the debt hereb~• ~ecurcd given by the Mo:t6a~ee d~all operate to eclea~e. di+~cl~arRe. modify, ch~n~e or aRect ttx ori~inal liability of the NortRa~or herein eitl~er ia ~?6ole or in part. • 6. T}~~ lien of thie deed secures and ihall toarinue to scc~~re paymeat o( said indebtednea~ or indebtedneM. I~ow~~•er ~.~id~nccd, whether by said promiMOry note or a~ rene~?al or e:ten~ion tieereof or wbstitnte therr.tor. or otlKnviee, until all ~ach indebtedet~~ sfiall have beea full~ paid. 1. I~; rrr~nt ?lro m.nr(L*R~n~s srjl, ~nnt~e}• nr trans~~r tirP mn~~raGrd prtmists dr~rinG tlre IiJe o( tJris mr~r/~~+,~. t%r~n thrs m~~rt~~~~~ .ci1~Il, af tJ~e nptinn oJ tti~ ~fort~nQ~e h~r~in, h~~nme irnmrdinttlti~ duc nnd paynb/t for tht /ull suni uf tirr p•in~i~ol '~2Ift~1!!' nn~ 1~t1[!CSt IjIC?1 (~1/C. ' ' 8. Thc t~rms "vlortRa~oi ' aad "Mort6a6ee" whenever u~ed in this iaatrumeat alull include ~he hein.p~ nonal ! rr~~rr~nt~ti~ ee, sucweson and aesip~ ef the ctispeetive partiee hereto. Wherever a~ed the ~ioRnla~ nu~nl~er ~ball inelude ; the plural and th~ plura) the ~inRular, and the uee ot any ~ende~ shall include all Renden. € _ l~) ~ `iRn~ .~calcd nd de1i ered i the prc~ence o(: - r ~ - - - (Sw.) , - - 0 F _'_y'~_ . . _ J~ ' ~ ~ ~TATE OF F[.ORI[)A ~ ~ t:nU:V'fY OF~ ( ~s a ST. LIICIE 1 W~'~ ~TT g• ~?TT+ hi8 Vife, also ~ Be(ore me penon~llY ~PP~~~ ~lOXII Q8 I. ~ so rae .+ell keo«n and kew~rn to ewe to be the individwb de~cribed in and ~rho eseeuted tl~e [ore~oi~6 iartcnweat~ a~ ; acknowledRed before ~ne that ther e:ecuted the samt for the purpwe~ thereia espre~~ed. ~ITNES.c iw~ 6awd a~ o~icial ~ea! ~a the County and State lut doceaaid thi~ ?y D~j OT ril 19~ - ~ . ~ _ . . ; Juns 34. 19?1 ~ l~lorida . : - M~• Comm~uiae E:p~n~: - . - - '.~~t~ry Pnhtie. St~tt d , _ ~ FILEO AND RECORDED ~ - ~ ~ ~ ~ ~ S7. LUCIE COUN7Y, FLA. ~ ~ ~x ~ ~~r rnc: . ;~:-~!Fi~ f? . ~ lf'7141 ~ : ~ ~ '6B 1~1AY I 5 AM I I: 0 ~ N ~ yju ~~i.•., ~ irtt':t t: 1.'f~•c ~ c~~~K~ c~acu~T cou~T eo~c~7~ ~~,~J~ ~ ~ a_._ ~ - _ - - - - -