HomeMy WebLinkAbout1175 a • OurMiile 5-1?,?81
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eJ~ew ~ur?~ ?c~e?~. dl ri~t. ti~l~ ~wd ~uure~l ~f IIw M~H~M iw ~1 1~ ~wy i~w~~e plhih tlww iw f~n• ~11 yw i• 1A~
'u.rh.~• ~r a~w~e
T~~ ~tef~e+w, e~lf ~ritU ~~dr eK? aw~ ers~ Ibt ~1iNINs~. ~~i~iw ~w~l .~v~w~wa ~s M~d prNwwM~
eN~ ~m1 ~w t?i~ ~ee~ ~M f~~.
1 i ~ Tlwt it M~ d Mi~ ~ww ~f w~we~ ?~~e~w ee1e~ N M~/~rwrll}r aw~i trll~ Ni1 Mi~biw Nff.re ~Ml~ wrat
dte~ th~ suae ~evshll~ 6e~«w~a dre ~wd Ml~Als~ K iI uel ~ ~~erf tiN Mi~IMiMa. ~~cw~~. ~wwihtiww~ ~wA ~wv~~N111~ ~ M~/
y~.w~wn w~e a~a l\i~ acsd, K ~i~hrr. ~?e AM frll /eefM+wad. aw~yli~ aiti~ u~ ~iieJ t~ wiJ ~~rep~~ ~~~r wKn~i~J ~w
+.~J ~.w~w.ry wKe .~.tt ber«we ~iw awd ry.Nr ~i~.rid K ~beyvtif~ee a t1~c oNi.~ +f el~e M.n~ee M f.ll~ •~1 ~ Mp~IN~I~ Y
d IAe ~ai+ ~~e~Ne ~wa d Ni~ ~NaiwKr ~M ~rN wi~iMllp NiNIMe~ M p~id w akA i~. ~wJrd~iwR iw wi~ ~.wwNe~ NN
nr IKftlq t~ t~! rOA1fKy Ml~vltlNt~u~I1~f~.
' ~ j~ Th~1 ~w w~ Krekn~~ d~e a~at~itf d ~1~r i~eiMiaw herea~ ~ec~eJ. bnawr d ~h? bil~tt d Il~e M~etpRK Mf w1
~.K..~~~.w1~ liarili~l. ~?li~~i~w ew~~unbraw~e ~~w wi~ ~NeMr. w I~ct~iw r?•v~~kd~ h~II a.~ ?e werew~~ N 1roY1~IN ~fwt
~h~ u~oflC~N~ ~11 ArN p~y tlK ww~.
Tl~e :11ort~see ~nar. at ha optio~. aad witl~ovt waivu'~ biu riaht to aecelera~e 1lie iudr.bteJoeM herebr
~ecund sod to loi+ecla~e the aa~ae. pir eitber be(ore oc dter delioqueacy ao~r or all uf tl~we certaia obliKatioa~
~quired bY tl~e ten~ hereof to be paid by the Morta~ [or tbe proteetioa ot the ~wrtRa~ aecurity o~ for the eoike-
tion of the iadebtedneN hercb~ ~ecured. All sum~ w~asoed or paid br tF~e dlo~a~e shal! be char~eJ iato the
~norlRaRe account sad beoome w inteRral p~rt ~l~ee+so~. wbjeet iw ~l! se~pecu ~o ~he ternw. conditinns, anJ eovea~aU
ul ~he aforwid p~niroty note. snd thi~ morts.~, r~ur aad t~ the ~ame ?~te~~ ss tMw6h a p~rt of the oriRiaal
in~irbtednw e~idencnl bv ~utid note aad aecuced r tiw aart~a~e. e~ceptin6 huwc~e~. that r.aid rumw shsl! Ix npsi~l
t!k [11ortRaRee forthwith upon it~ demand aad be ia addiQon to tbe rr.Rular moa~hlY iaatsllmeate p~ovidHl by the
~nort~~Re aote.
3. Th~~ tl~e abrtract or ab~trsct~ uf litle eo~eriaa t6e mo~t6a~.r1 property al~all at ~II timati duri~R Ihe lif~ d
thu ~no~t~i~G fCN1s10 Iq ~ONEWO4 OI~ l~lt ~U[i~~lE i~ iR EYqll ~ lllt ~Of'ECItMU~'E O~ fI11~ IIIOH~aC Of ulllr~ lfalf/~P[
ot titk to the mortR~~ praperty ia estinRuuhmeat o! t6e iadebtedaa~s ~eeu~ed hertby. a!1 riRht. Ii11r rod intere~t
of the :11ot~RaRot +a and ts awr wcb abtracb oi title ~haU pab to tbe pae~cha~tt or ~amer.
7o the ezteat at t6e i~debtedaer of tl~e Moet~~ te t6e Mo~a6ee~ dc~cr:Mrd herein or ~ecured 6ercby.
the !11ortRa~re i~ herebp wb ted to tl~e li~a or liba~ a~l to the ri~ha of ~I~e m.nen and hofdere thereof e~ each
tea
aird er~ery ~uort6,y~c. liea or incumbnisoe oa tbe tasd describeJ herein r?hich i~ psid sod/ar ~atis6ed. iu wbok
or ia part, out o( the proeeeds of t6e loao dderibed ~ or ~ecnred herebr. au~l ~he respeetive lies~ o~ wid w~ort-
~ lie~ as other iueumbranec~, ~hall be awd tLe wse awd acl~ o( them hereb~ i~ ~~re~erved apd ~6a11 paM to asd
be held b~ tlK MortRa~ee hereia a~ ~ecnritY for t6e iodebted~ to the 111ortRa~pee I~erein dr.«•ribed or herebv ~cu~l.
to ihe ssm~ extcst that it ~+ould 6ave he'n pre~enred tud w~ould bave hecnpa~e~d to a~d been held by the !NortRaRee
i~sd it I~era dul~ aad [cRularl~ sra~p~ed. ~ruaferrcd. ~t ore~. and deli~ere~i w~ts ihe Mort~sRee b~ K~~arate deed of
a~i~punen~ ~ot..ith~tsodias ihe fact that t4e sa~ne a~aJ? be wtafiied and cancelkd of reco~l. it beinR the inteetioa of the
~~artie~ hereto that tbe san~e Mill be ~atis6ed aad a~oetled af record by tl~e Iwlden there~( at or aboot the time uf
1hr rrr.?n1inR .d thi~ w~ort~a6e.
S. In thr ereut the ownenhip of the mort6a~cd Pr~emis.~. or any part tbens~. lece~nss ve.ted in a penon nther
than tl~r ~IurtRsRor. ~he ]Io»~.K~e mar, witl~out aotice to Ibe Mort~a6o~. deal Mrith wch wece~sor ~.r .ueec~son in
interest ~.ith referenee to t6i~ deed aad the debt l~ereb~ ~etured. in ihr sanx maaner sw ~rith th~ !11onRaRor without
ia anv w~r ~itiatin~ or di~char~pinR the MortRaRor'~ liabititf l~reunder o~ upoa the debt herrby aMUred. 11o sde of
tl~~ ~~rrn~i~. l~ee~eb3• n~ort6s~ed aad nn for6earance oa tbe'art ef the !11ortRa/~ee. and no e~ten.ion of th~ time for -~he
n~y„~~~~~ ~ ~I+r ~~~bt lKrrby .~~Kd ~p~~ br ~be More~ .h~ll op~.t~ eo n1~,.r. di~cl~a~Re~ modif~~, chanRe or alfeet
~he ori~inal liability ot the M..~Ra~ f~e~rrie eitf~er ia .v6oie er ia pact.
b. 'f'1~. lien of thi~ ~ked ~eeu~ and ~hall coati~ne b~ecure p~~n~eat o~ wid ipdebtedne~ or indebtedaeN.
I~owrver ~vid~n~rd. whethe~ by aid pro~niMO~ aote oe aay re~twa! or ~:ten~ion thereof M wb~titut~ ~IKrrfor. ar
A~IMrW~RC. ~+ntil a11 wch indebtedweb ~hall ha~e been ~ull.- paid. ~ -
1. In 11~~• ~rv~d !lu• nrnrlZn~nre sill. ~~n~~~r1 .,r trnrrsj~r- ~f~r ?nnr~~n~~d pr~?nic~ti du?in~ 11~r li~r ~lru ~~~..~r
fli~n Il?~. »r~.rl.~n~r chnll. ~f N~~ uplrnn o~ thr AinrlGnGrP h~r~rn, hr~nm~ rr?un~~l?ntrlh du~ n?~d pn~nLlt (m~ f1~~ ft~(; .u•~~ •~1 :
(l~~ p~~n,•pn! !•,~fnnr~ u~irt rnr~~~st tl~~~e due. '
8. Thr term~ "MertRaRoi' and "Mort~a~ee~ ~rheaever u~ed in tbi~ instrument ahall incluJe the krirn. perwnal
~r~.rr«•ntati•-M, sucees~n and apipr of the re~pective partie~ hereta ~henerer u~d the ~inxular numhrr ~hall include
thr plural and the plural the siaRular. and the u~e of any ~ender slu?II iaelude all ~enden. !
Si .~ealed snd eliv ia the prnenee or: (Sut)
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STATE OF F[.()ZIUA ~s
(:4U:VTY OFI~ZZ
, ~e~ore ~ C~~na+allr sppesred !Ll$= ~ST DI=QH aIId BD~LIi DIZ~08 ~ his V1lt
t~ w~e r•ell keowA ~nd icnows to we ~o be tbe iadi.idnais daeri6ed in aad who eueuted tbe lo:+e~toia~ iwtrun~est~ aad
ae~aoakdRed before tne that tl+ep es~cuted the s~w~e for tbe ~utpwe~ tber+eia tsprsMed. WIT~iE~~ w~~ h~nd a~d
real u t6e Couaq aod State la~t afere~aid tlw j~ p= rj~C ~
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Juae 19 .
Mr Ce~a~i..~oe E:p~K.: Nee~ry Pnbti~ ~tate d ,
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FILEO ANO RECOROED ~ r'
ST. LUCiE COUNTY, FLA. U~~ 7
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CL~RK ~~lRCUI~ COURT BOOK -
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