HomeMy WebLinkAbout0377 , ' . - ~ _ , Our fils FS-16,488
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11~ M~~t~pNee ~li i~t ~r tUe w~e.
t T6s 1latp~x ~wa~~ ~t hi~ optie~. aad MittwYt waivie~ l~i~ sl~t t~ ~ooelesale_ibe iadebtedseM hee~ir
~eoae~sd a4d t~ ~~e~eelo~s tl~e aare, p~y eitbar befot+e ot dtar deliaq~y aa ~r all uf thwe aertai~ ~bli`atia~
reqoieed br ths tee~ `ereot to be paid by the M~aa~ for tbe prote~ctiaw ot ~ most~a~pe ~scurity or fet ebe aoltea
cioa at dre ~deb~edae.. hee+eb~? .e~e~ed. A~I wm..o adr.~oed oe p.id by ct~.e ~tor~a.~e .hal1 bs ehar~ed i.~o ~hs
mertp~e aooo~wt aad beoo~e aa iatearal part thsrao~. aubject ia al! s+e~pecb to tbs tarar, oonditioew, awd ceveaaab
o[ ~Ir a~oew~id~ pe~wai~MOC~ ~ote; ~ tLL~w~a~s, a~ (dip aad te ths Mrne e.~tewt ~ tl~on~ ~ p~et of tlie ori~l
indebtedneM evideaoed bp wid not~e aad aeenead br tlw a~oetp6e, exceptiws 6uwever. tluit ~aid ww~ ~hall be rr.paid
;~e~~
~[orthwit6 upoa !b deu~aad aad be in add,itioa to t6e reaular moatWr i~stallmcab pi+urided br tbe
3. T6at the ab~tract or ab~tracu of tjtle eoverins t6e mort~a~d Prop~Ky shall at all tia~ durio6 the life ut
thi~ u~ortda~a raoaia •in pore~aioa of the Mort6aaee a~ad in eveat ei tbe ioe~eelowee d thi~ aw~ase o~ other trawfe~
of ~~le eo tbe ~a.lsed Proper~y iu exeia6ui.~t o~ ebe indebc~dne.s .ecu~ed 6e.~ebr. all ri6hb titk a~d iatere.c
ot ti~e l~tort~or ia and to u~ u.cl~ abatracq of lille ahall pab to the pnt+c6akr or ~antee.
4. To tbe exteat vf t6e indebtedneN of tbe lltort~or to tbe Mortaa~e de~e»bed bereiw or ~eeurei 6ereby,
tlie 11~~~ i~ 6ereb~ wibro~ ted to the liea or lieo~ aad to the ria6t~ a~ the m.~nsn aed lalden tl~ereof o( eaeh
aad arer~? ~e, liea or othcr incup?bRaaoe oa tl~e laad described herei~ ~.bich i~ paid sad/or sati~6cd~ u w6ok
or i~part, out ai ti~e prooeed~ of t6e ioan de~cribed ~eu or se.ca~+ed bere~r. aad tl~e respc~ctire lier oi Nid ~wott-
~e~, iiem oe otl.e~ ineumbraooc~,, .I~all bc and tLe .aine asd eacl~ o~ tbe~a hereb~ u rreserved aqd ~~all pw to a~d
be 1~eld bp t6e Mortaa~ee hereia as ~eturit~ for t6e indebt~edress to ti~e ~loA6a~ I~ee~ia deseribed or henbr ~ea~red.
to t6e ~a~ae ~cte~t t6at it ~?onM 6are l+eew pre~ewed and ~rould have beew paNed to a~ Leea i~eld by the lloet6~~ee
h~d it ~ dnly and adr aMi~~ed~ traasferred~ ~et orer~ and de]»ered nate tLe Moetaa~ee b~* aeparate dad oi
~si~n~ notwidh~~ tb~ fact that ti~e san~e ma~ be ~ata!'ied aad esneclkd e~ eeoxd~ it bein6 the inteatiow ~F-the
~,artie~ hereto tlut t)re ~a~ne ~riil be ~stisGed aed cuoeiled ef rcoord bp t~e Ml~n thereof at or absrt tl~e tiw~e of
the recordiwR d' t!w ~ao~t~e.
S. Iw the eve~t the orraesship of the ~nort6a~r,d pre~nisn. or awy part tlreee+f. beco~nes vated ia a penew otber
than tiwe Mo~ta,a~. tl~e ~io ~a~et ~nay. wit~ont notioe to d~e Mo~or, de~1 Mrith aad~ weteror or wtce~o~s i4
iatere~t w-ith relengee to 1~ deed aad t6e debt benb~ ~ecured, in the sam~ ~naen~r u vrith the MortRa~sr witl~out
ia aav ~rar ~itiatin6 or dischar~aa t6e Mo~sRor'~ liabil~y herennder or npoa the debt hetrb~ ~cured. No sak d
r
tl~e p~~ni~e~ }~ereb mort~cd sad no forbearance m t6e paet of the 4tortRa~qee~ and eo extca~ian of the time for tbe
payneeat af d~e hereby- aee~~rrd ~rea br the Marta~aee ~ball opetate te r~elea~e. disd~ar~e, ~nodify. ehaa~e er a~eet
the ori~inal liabilit~ of the Mort~a~ herein either ia wr6ole .r ia pat1, .
IG~ 77M lien ot thi~ de~d ~ecard aed ~hall ~ea~ti~ae to ~ecure payw~eat ai saia iadebte.dneN oe iedertedae~
IMwerer evideeced. ~nc~t6er bY said promiMOr~ note or aary~ e+ese~ral ar e~oe t6eree~ or wb~tit~ete t6eer.~or. or
othenvi~e, natil sil wel~ iadebtedeeas shali have beea falh paid.
7. In th~ n~ent th~ rnn~tqn~ors sr/!, ~nnvty nr [~ansjtr (ht mnrtRagtd p~imrsts dterinfi the li(t o/ N~is nrnrt~.r;~~,
thrn this mor~R~~t shal/, rtt tht option oJ ~ht 11to~tRag~t htrtin, Ltrnmt i~»mtdin~dy due and payablt ~or tht Jull u~m oJ
th~ prinripol Galanct and inttrest tht» dut.
s. The ternr "!Mlortaa~r.. and "Mortaa~ee' ~?6eaever nsed in t6is iestr~~weat shall isclwk the bein,p~ rwnd
repre*entatirc~, woeeroes and aMi~w ef t1~e respeetive parties herets. w/l~er~rer wed tLe a~~lar wtiw~ber ~ba11 iwelnie
the plaral ~sd tbe plunl tl~e sin~uular, snd the n~e o( any ~pender shall iaelnde all ~eaden. ~
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5i ~kd aad tklirered tbe pe~ce o(: T ~7,~~~~
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srs~ oF F~oaws
courrrv oF ~Y ~
~1'. LUCIE i~RI~LI~M BEN'DALZ and JEAN DOxIB I~NDAI~L, his Wire
Hetore ~we p~esea~ll, appea~ed
ts ~~?ell kw~r~ a~ 1~awrt b~s to be tbe i~di~idwb dereribe~ in a~ ~rbo e~eeYtei t4 ~~e~a6 u~ye~t. +~i
aek~vlei~ea befw~e w~ tl~at t6ey e~cecut~l t1~e s~~ for tt~e purpo~e~ tba~ei~ esp~eMSi. ~ITNES.c wr I~wd a~
~.e.i c~.ti s~.~~ !Nt afoe~e.aia 18r Da,y ot ~e~y, 19
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Mv C~w~wi.do~ E:pire~: J1~IIA 30 ~ 19'Tl Noa~r P~Mie, ~ee ~f ~
lMI.E~ ANO RECO!lOE~ ' . ~ '
ST, IUCIE COUNTY. RIA:' ~ _ ~Y _
R~:~oRr. vF~,~eo . =
16"?'S68 ~ ~ ~ ~ `fy
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'68 NAY 29 PM 2 : ~3 ` ~ • ~ `
!tO~ER i'OITf~~S '
alEltK CIRCWT COUt~T '
a~ 172 ~ 3 i~~,
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