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HomeMy WebLinkAbout2106 . 5-1?,31~ . M~rtpp~. le ercwt ~f tKeclN~rt of ~bi~ u~~vt~~Rt w Nher trrrlu ~f title l~ tAc wHt~~l K~perty iw ~a1~nR~i~An~.n~ ..I ~M ~wd.N• . edne...ecured ~e.esr. dl riRht~ titl~ ~ad ~n~tteN d IiK M~tt~K i~ ~i 1~ a~~ i~w~uM~e Nl~~ia llww iw f~n~ ~lull wa~ dn ounbue~ u~ ~~w~ee 1~1 T~~ ~d~e+n, eNpl~ Mi~l~ abidr ?y e~ ~w~ cve~r the ~INi~ws. ~~rsew~e~~. ~iti~ ~wd ~ov~w~wq ~s w~d pr~~awf nN~ ~n~l iw ~?i~ ~ceJ ~e1 f~etl~. lil Th~1 i( a~ ~f Mi+ ~ww d a~~wey krei~ n1er~ N`e ~i ~t~11) aw~ f~ll~ ~ witbiw flft~rn d~r w~a1 ~f~er ~M ~aoe ~evstdl~ bet~ww dre aad p~y~le. K it eat~ sw~ s~reqr W ~tip~IMiwu. ~~eeweM~, rwd~tiuw~ ~ed ~~v~~nu ~f w~A y?MniM~ry MIt yd l?i~ deed. ~t ~ilh~t. are wN 1r117 Ke~MasJ. aw~yli~i ~rit? u~ ~biie~ ?r. t~e wJ a~re~1~ ~un~ ~n~n~~uweJ iw vid p~wmu~o~ ~e ~11 beewe dw ~ N~~61e f~~+it? K there~feer tbe opiN rf t?e N~n~tsRce s~ 1~11~ ~e~l ~ wmplH~lr M ~f ~he wia ~~~e ~~m ef .~id ~omi~rr w«~ .va~ ~ripwdlr ~tiwlMe~ br aid ~w wr6 d~~. swtlluwR iw ~a~J p~~e~wn Ntc or I~ereiw t~ t6e ~sw1?uy wNwithNU~dinR- ~ j ~ Th~~ ~e Kder ~erele~e tAe nut~rit~ ~f ~e iwre?1eia~ beres~ ~ecwe~. bcc~we w~ J~e t~il~re ~f ~lm M~np~ t~ py w~ ~ri. we.N~~.wt. li~?ilitr. ~ilipti~w ewrwnbtawre r~w w~ ~Nertr. M Aereiw pr~viJed. i~ ~Aall Nw bc ae~ewr~ K?rau~s~~e ~hat II~~ u~orir,aR~r 11fM ~r l~1f ~Y11t. 2. Ti~e 111ort6a~ee may. at t~a optioo. aad withont waivu'~ Iw risht to aceelerate the indcb~cJoe~ herebr sccuced and to foreclo~e the w~ne, pay either be[o~ os dter delioqueuc~ aa or sll uf tha~e ccrtaio obliRation~ ~n cequirtd bY the tern~ hereof to be paid by t6e M for i6e protectioa of t mart~ase ~ecurity o~ !or the ooUee• t tion o( the indebtedneM herebr ~ecured. Atl wuw w s anxd or paid by the Mo~~e rhall be charRed intu the ~nortRaRe account aud beco~ne aa iate~rat part thse~eof. subject ia all re~pect~ to the tera~s, condition~, anJ covenaats of ~he afor«aid promi~y notq and tlw mo~e. a~ (nll~ aad to t6e ww~e e~tent ss thou~h a p~rt of thc ~.riRinal in~IrbtedneM evidenccvl by wid note and aecu y thi~ mort6ase. e~ceptina huwtvrr. ihat caid MumN shall !~r ~.paid ~l~e lltonRa6ee (orthwi~h upoo ib den~and atNl be u additiou to t6e n6ula~ maethly inatallments providnl by the ~nortR.Re note. 3. Th~t tl~e absiract or abtracla of titk eoverin6 tbe mort6aBeJ prope~ty a4a11 at ~11 tima~, du~inR the lif~ o~ thir ~nort~s6e. reu~ain io powewoa of ihc Muri~~ee and is eveat of the foroclesure of thi~ morlRa6e or uih~r trand~r oi title to thc moctRa6ed property in extin6ui~h~r~tat o( t6e indebtednd~ ~ecured hereby. all riRht. title ~nJ interedt of the A1or1Ra6or i~ and to ssy wch ab~tract~ o( title shaU paa~ to tbe pnrehakr or 6rantee. 4. 1o ihe exteat o[ t6e iadebtedna~ of the Mort~ao~ ta t6e Mort6asee dncribed herein or ~ecured hereby. the ?lfortga6re u hereb~ wbro~ated to the lien or liew and to the ri~hb of tlie ow~en a~~l holde~ thereaf of each and erery ruart6xae. liea o~ othtr iocutnbranoe on t6e land dtscribal hereia which is paid anJ/ur sati~6eJ. in whole or in part, out o[ the p~oceed~ of t6e loan dacribed hee~w or weur+ed hereby. aaJ t6e respective lienr of s~id mort- Ra~. lieti or other iacumbnnoes. a1u11 bt aad 14e ~aese aed each of them hereb~ i~ ~~reserved and ~6a11 pau~ to and be held by thr Mort6aset l~ereia a~ ~ecurit~ for tbe iodebtcdne~ to tht lliort~aRce herein dey.:ribed or herebv aecured. to tlie same extent tbat it would h~ve heen pre~erved and w~onld hare heen paNed to and been helJ by the :11ort6aFee I~ad it been Jul~ and reRul~rl~ a~si~p~ed. traasferced, ~et orer. a~tid deli~ered unto ~he hlon~aRc~ b~ ~e~~arate deed of ~~wi~punen4 notNithstandin6 tl~e fact that thr san~e maJr be s~ti~6ed and cancelkd ef recard. it beiuR thr intention of the ~~artic~ l~e~eto that t6e saak will be ,~atisfied aad ea~oeUed of e~ecord by the holders ~hereof at or about the time of t1x nc~ir~linR uf thia nwrtRaae. S. In tl~ evmt the ownenhip of the mort6a6ed peemi~s. or any part tl~ereo(. becomes ve»ted in a penun nther than tl~e !~tortRagor. the ~lurtRaKee may, without aotice to d~e Mort6a~or. deal with ~uch suece~or ~~r •uccean~n in i~~tera~t ~.ith reference to ttiis deed aad the debt l~ereb~ ~etund. in th~ +ame manner as Mith the 111ortRa~or without in ~n~ way ~itiatinR or di~charypiaR tl~e Mort~a~'~ liabitity Lertunder ar upoa the d~b~ I~~br .e~oKd. No wle of ~I~e prr.misea l~ereb~ mort6a6ed and no forbesrance on ti~e patt uf the '11ortRaRee. and no extension ~f th~ time for ~he I~aym~~~t of the debt lkreb~ ~ecue+cd ~ivca br tlie Mort6aaee d+all operate te rrlea~e. di~cl~arRe. mwlif~•. ch~nRe or aQect the ori~ina! liabilit~• of the 1~loct6w~tor herein either is a6ole er in part. 6. 77~~ lien ef thi~ deed secure~ aad al~all ooatiaue to ~ecure payn~ent of said iadebtednew. or indebtednes~. I~ow~cer evid~necd. whether by ~aid promiMOry note or anr reaewal or exten~ian thereof er sub~titute thenfor. or otlkrwise, ~~ntil all such indebtedness ahall have beea fulh paid. 7. !n Ihr ri~rnf fl~e rnnrf~n~nrs a~ll, ronvry nr f~ansjtr tler mor~~n~~d pr~miscs fi~rin~ lhr (i~r ~hr.+ ~~~~~~~~~~;r. fl~rn llr?~ m.~rf~n~i shnll.rt( ll~r uption o/ tl~~ ~lfort;~aRPe h~r~i~~. br~nmt rnnn~dinl~h~ dt~c nnd pnynbfe (or fl?~ 1?~!! ~u~,e ,~f = ~ 1l~r ~~in~~rn! ?~~ilnn~~ und i~tfe~~sl flttn dttc. j 8. Th.• term~ °MortRsRor' and "Mort6a~ee' ~?heoever u~ed in this iastrument al~all include the hrin?. perwnal ~ rr~.rr«~nt~tives, suceyson and aMi~ of the respective p~rtie~ t~ereto. ~herever u~ed the ~inRul~r numher ~hal) include the plursl and the plural the sia6ular. and the use of any ~pender shall iAelude all Renden. Si d. sealed d ia the e~e~ence o~: (su~'l 1Scnt) ~ ~ ~ - \..~01.dVZt- STATE OF FL(1Z1UA ss (:OUNTY O~ _ ~T. LIICIS A1tTH01~7C STLITTI4, an unsarried man Be are ~ne ~nonallr appeared te me well knowa snd i~no~ra to ~we to be the iwd~ridwb dueRbed ~n aed w!w e:eeuted tl~e tore~toiaR in~trumen~ aad acknowledRed befort me that they e:eeuted tbe ~ame ~or tbe purywes therei~ e:preMed. ~ITNE~~ ~r h~nd aad , otiei~l ~eal ~s tbe Couoty and State l~~t dorewid t!w 261~ De~y OT N09esber, ~ - ~ ~~L'~~rj~''~, ~y , J 1 . Juae 30 1971 ~ M~ Cen~w~iHioe E:p~.~.: ~ - l~a~ryr Pnblie. 5tate e( :7~ ' t;' ~ / . ~ . - • r- FII.ED ANO RECORDED' • • ~ ST. LUCIE COUNTY, FLA. ' ~ • ' ~f.co~r. vFRIFiEO ` F t, v1 G~" ? ~se oEC 1~ ~ S ~ gooK 174 ~~f2101 - . ni~~~~.? --~~i'F:.s CL~RK CIRCUIT COURT