HomeMy WebLinkAbout0598 Our fi1-e 5-17,?13
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sdww Me~n~ Mre?r. dl ri~M, titk u~ iwterat ~f t~ INwtRytK iw ~1 N Mr ir~?~wec NIK~a tl~ew i~ f~r.+ ~hall pw 1M
~e~~ rr ~r~e.
l\1 T~ ~f~. e~~~ r+Ni a~i a?ide ~e\ ~ ewq tAe MiNl~ti«r. ~lRe~w~eata. aw~iti~ a~d e~re~~wa i• s~id p«wiwq
w~1~ u~ i~ tri~ ~~et fwd~.
lil 11iM ~ w~f ~~Mr ~ wMS~ Mtelw tefern~ rs w~t K~N~ a~i tdlr ~ wid~iw fltt'ca ~7~ ~eat
dtw t6e Mw Nwnll~ becMM ~e a~ N~JIe. ~t N ae? awi ~w~f ~ KiwlMiaw. ainawe~w. c«~diti.r aw~ e~~ewaq ~t wiA
pc~iw~~ MM ~ t~i~ w citre*. ~re Nt tutl {~ut~d. e~w/~iei rit? a+r1 ai.ide~ `r. t`e w~ a~repte ~uw ~wcatiowed iw
~id ~wiwr~ MM ~11 Me~w~e dre ~wi M~~It ~NZwM1~ M Illtf'N~1lf N{A! NIIN ~f tUe 711«tRa~es ~ ldiy ~wd ~.m~leecir ~
if t4 sai~yp~epM sw~ ~t ssia ~nwiw~~ ~e ra~ Kipwdlr ~ti~l~ t~ ?e ?:ia wr? d~~. aq~i~s L wi~ K~wiw~7 MM
K hKSiw t~ tl~s eNMr~ ~NM?ilht~ndiw~.
111 '1L~t iw K~ee h acarlsnee d~s wt~it~ ~f ehe iwde?~ei~ew ierebr ~ec~e~. besawe ~t the bil~~+ ~f ~Ls Ywtp~ t~ M7 M~
wc. ~we~newt, Iia~iW~?. ~liptia~ ~e sacrw?tanie ~p~w wi+ ~etr. M I~et~eiw pnvide~, it ~all a~t re weowahr K Kq~isi~e that
the u~Ktsapee ~bdl int ~ trc w~a
y, '1'Ve Mo~dees m~~, ~t 6i~ optioe. aad withonR waivu'~ 4i~ risht iu aocelerate the indebtcdsaa henby
~ecured aad to fit+eclo~e tM ~a~ pay eit6er before oc sft~er deliaqueacy aa o~ ail uf those oeraia obli6atioa~
ceqnired br t6e terwr 6eceo~ to be paid by ~t~6e Mo~ for t4e protectios o[ t~ ~~ri~r o~ r~ ~~u«~.
tion o~ tl~e iadebtedaer 6ereb~ ~ecured. A11 waa ~o da
v~aaced or paid by tl~e Mortaa~x shall be eharaed iuto t6e
mortdaae seeo~sot and beeow~e aa intesral part t6ee~eof, aubjeM ia all reapect~ to :..e terms, coaditions, aad coveaanb
of tl~e a[oe~aid promi~rocp aote, aai tIw mortaa~e, a~ [aU~ and to tl~s ~ame e~teat s~ thou6h a p~rt of the orisiaal
indebtedner e~ideaoed br wid note and aocue~ed by this mottsa~e, eaoeptias huweeves, that said sums sh~ll be repaid
tl~e Mort6,a~ee to~ihwith npoa its detuand and be ia additioa to t6e re6ular n~oo~hlr installments pwvidc~! by the
~nort~6e ao~e.
3. T6at the abstrsd or abdracb o~ tide oovecin~ t6e e?urt6a~e+1 propert) shali at ~11 tima~. durin6 the life o!
thi~ u?ort~e. remain in po~ios.o[ t6e Mortaaaee and in eveat oi the forecMsurc of thie mortaa6e or other traa~fer
o( vtle to t1~e wort~a~ed Property is estin6ui~hrnent of the indebtedn~as aecured hereby. all ri6ht, title aad intecest
of tl~e 111ott~or in and to up ~th abtc~ct~ oF title s6a11 ps~s to the pnre6akr or arsatee.
4. To i6e e.ttent of t6e iadebtedoa~ d tbe Mort~or to the Martsa~cce de~cril~cd hereia or ~cured herebY,
0
the ~iartp~x i~ hereby ted to t6e 1i~a or lied aad to the ri~hb oE tlie ow~en aad holden theeeof of each
a~d e~r~e mort~,a~e~ ]iea oe iacumbraa~c on t6e Iaad de~cribed herein ~.hic6 u paid and/or eatis6cd. ia wlwle
or ia pa~rt, o~t of the prooeed~ of t6e loan de~cribed bee~ or secnred hereb;, and the respccti~e lica~ o[ ~aid ~wort-
lieos o~ other iacumbranee~. ~haD be aad t6e saa~ aod each a[ them l~ereb} u prree~ved aad a6~a11 paM to and
~Id bp the Mortaa~ee 1~ee~eia a~ ~eeuriq for the indebtedne~s to the ~iort~a~eee 6e~+eia described or hereb~ ~ccnred.
to t6e ~ame e~te~t that it ~ronM 6a~ 1~eea pre~erved ami ~ruuld luve been to and been heW by the Mortaa~x
had it beea dulY aod ~ a~sidued, tran~fere~ed, ~et orer. and deli~ uuto tite Mortaaaee by ~eparate deed of
,w~i6pnnent~ notwritl6MUu~tbe fact that the same ma~ be ~atiJed and caaceikd ef reoord, i~ bein6 the intentian ef the
~~artie~ hereto tlut tbe saa~e ~rill be w~tis&ed and ca~oe0ed a~ reoord bf tbe holden thereof at or abont the tia~e ot
the recordin6 of tl~ s~ort~e.
S. Iu the eveat the awaen6ip oi the ~ort~aed pranise~. or auy part thereof, becomes vested in a penoa otl~u
than tl~e Mortaaaor, t6~e ~iurtaa~ee _~nay. withant notioe to 16e Mortaaaor, deal with weh wecasor or wcce~on in
iatee+a~t ~.1th refee~eooe to tlu~ deed aad the debt henby ~ecnred. in the same manner u rrith the Mort6a6or without
iu anv way ritiatins or di~char6in6 t6e Mort~a6or•. ~~ucy t.~~~a~r or t~ a~~ ~.~y No wle of
d~e premi~d? heerbj mort~a~ed an~l no iorbeannoe oa t6e put af the !HortRa~ee. and ao extciuion of ihe time for the
parment o[ t6e debt heerbj .a+~~+ed br t6~ Mo~e~ .6~1t ope~ee ~o ~ek:.e. di~cl~ar~ modify. ch~n~e or sQeet -
the ozi~i~al liabilit~ of the Mortsa~or herein either ia wr6de or in pu4
fi. '11ie liea of thu deed ~ecnra aod ~haU cootiane to ~e~e paymeat of said iodebtedne~s or indebta~nea,
I~owe~er evidenced, ~+hetl~er bp said promi~wrp note or an~? reaewai or eut~~ion thee+eof o~ wbtitute t6e~r.for, or
otherwise. nntil all wch indebtedeeas ~ha11 lu~e been fulh paid.
~ 7. In tht evenl tht mnrtgagors nll. convry or erans/tr tht mosfgagtd prtmises during the G~t o( N~rs mortgriLe,
t then this mortgnge shall, at the op~eon oJ tlee lliortgag~~ herein, Lec~mt tmmtdrntely dut nnd payablt for the Jrrl! sunt o/
! the princip~l balance nnd i»~~~est then due.
~ a. Tbe term~ "Mortaaaer" ana "Mort6asee" ~?besever u~ed in this ioatrumeat al~all include the hein. ersonai
rm
~ repre~cntative~, snoeewon aad a~si~oo~ ~E the res~tive partie.~ hereta ~herever wed the ~in6nl~r number sl~al inciude
j the plnnl and the plur~tl the sia6olar, snd the use d aay ~ender i6a11 inelude all Renden.
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~ 6aed~ ~ea 've in tLe preseaoe oI: _ . .~j~`~'pl,~~ - (Ss~?~)
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~ STATE OF F ~
COUN'~,OFI~~~
~r. ,~u~ G08D08 Z. Ii008$ ~iD G~08GIA Ii008$, his i~11te
Be~oe+e se P~~v~~' =PPa~
~ to w~ weil kssa~ aad kM+ra to ~ to be t6e iadi~idnab de~eribed in and ~vho ~eeuted tt~e (oreaoi~a is~trw~eat, a~d
adceo++led~ed be[ore me tbst tl~er esecuted tbe ~aa~e for tbe purpo~es tbee+ei~ espreMed. ~ITNE3.~ aY h~wd aod
oieiat ,e,~ ,Le eo~,tp .sa sut~ la~t .roe+ess;a tK;. lst Daf oi liareh
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Mr ('.ew~~wi.de~ E:pie+e~: Jnas 34 • 19'jl . Noa~ Pnl~lie. Seate ai ~ ~'1~; A~e L~
~ RECOROED' : ~ ~ ~ ~ - ~
~ f ILEO aNO _ : ;
ST. LUCIE COUNTY. Fl.~ r_ T.:, ~'.L ~J"~ =
RF~Oa~ ;~~~tIFtED
1'7 ,
a)v • ~ . ~
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'69 MAR 17 AN 9~ y
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u0~E ?•O,TRrS 0 R
CL£RK ClRCUtT COUR7; ~
~ gooK 176 PACE 597 ~
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