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HomeMy WebLinkAbout1655 . • - , ~ ~ i ~ our i11~ 5-20,115 ~A~. .ny~s w ww. u...la M u~it N ~b .«vaa•~ r•M~a y au.~a~wa r1 w~wsN.~.e...•crre~ ~.r.yr:.u ry?~, u~~. ~N ~~~ete•~ N M~e 11M~~« M~M a~~fr ~u~rNC~ Nl~aa MM Mr f~ ~11 /~N N 1y ~IItdM~f !f pNtN. 1*1 T~ ~n~ww. c.+rltr •~~A M/ ~?~e h ~~cU a/ ~~f ~M a~~~~. ~Mee~nu. cM/itwu W tKMM1~ N N1~ ~fNM~~Ofy w.a~ Mwl M~. ~eN ~1 fKM. . t~ ~?1~~ d~wr ~f s~~ w~~ N wo~ey ~e~tM ~sfcnN u w ~N ~e~tir ~ blir p~/ .n~~~ /~Mto ~.y. ~t.t .lu~ ue s~t N.e~dly Mc~i Ne ~M pyNk..r d t~c? aM ~osry Me s~yrl~t~s. ~kss~e~a. cewl~~iau ~N e~v~a d saa /re~~~. xwy ~ae W~Au M~. ~t t~d~t~. ~n eet t~lly ~M~~t~. cwl~ ~iM M/ ~~dN y. U~e ~aN ~~tptt w~ ~aw~a~er n~ ~~N po~~~sar ~ot~ Nwll Neo~t ~re aM pyAN fuY~~~M a wn~ha ~t Ht MtiM d tw WryyN u ftilly ea/ ewNleb if Ms .aNl a{~reNt~ w~ d~~N ~tMas~?ay ~~N ~~s en~wlly ~t1wh1N N N NN w src~ Ny. Wr1~~y i~ Nw rn~iss~ry ~Nt M Mt~~~ ~s ~~e caK~wr .a.i~wtww~. V 1 Tlia~ ade. ~e .cc•Ia•~e ~ w.~w~~r ot ~i. aws?aM.~s NtNy pcrrN. ~sc~w~ N tUe fulwt d tMe MIo~WN~ a Nr •~r ~•a. a~cx~xsws~~. lu~btr. ollip~io~ a e~eu~Masee ~pw s~~d Ko~1r. u Iw~eN ~ev~. It slqll ast ~s s~c~ssuy a rs~uue N~t Qs ~.xi~~~et sAall fual My 11N s~~e. ' 2. The Mott~a~ee msy. at his option. and ~itlw~t ~raivin~ his ri~bt to acceleatF the iadtbtedaess heteby sccured aed tu fo~eciosa the s~me. pay eithe~ befae or ~[ter deliaqueacy anr o~ ail of tlase cenain obli~ations ~ ~equi~ed by 1he tenas Ae~eof to be p~id by the Monaajar for the potectioa of the morysse sscurity o~ [ot the col- lec~iun of the indebtedness heteby secured. All suma so advanced or paid by ths Mo~tjye~ sball b~ ~hu~ad iato the mcxt~ase acc~?unl and become an inte~tal patt fbetsof. subjset in all respscts to the tetms. coaditioas. ~ad cavenants ot the afaesaid ptomissory note. and this moct~aje; as fullr aad to the •~ms exteat ~s thou~b s pan ~~f the ori~insl indebtedness evidencod by said note and secuced by this mott~ase. exceptin~ hows~er. that s~id cum~ shalt be repaid the Mcxt~a~ee ~orthwith upoa its damaad aad be in additioa to tM n~ul~r nanthly insull- ~ meets provided by the mott~a,~e nate. 3. That the sbstract ar absttacts of title coverini tha-mottsa~ed property ahall at all liaes. d~uins tbe life uf thi~ mort~ase, remain in passession of the Motya~ee aad in aveat of We ta~eclosute o~ this mort~a~e ot othat uansfe~ of title to tha moit~s~ed p~operty in e:tiu~uis6meat ot tM iadebtedasss secured Aerebr, all ri~ht. title aod interest of the Mort~a~a in aad to any wch asstracts ot title shall paas to tha purchaser or ~raatee. a. To the extent o( the indebtedness of the Morttasor to tbe Mottsaioe detctibed he~eiA or secnr~d hereby. the Mort~~ee is hereby subro~ated to the lien or lieas snd to tbe ri~hts of tba owaen and bolders theraol of each ~ and every nart~a~e, lien or other incwnbraace on tlk Isnd .described herein which is paid aeid/oc sati~f'iad. ia . whole or in pan, out of the praceeds of the loan describad benia or secured hereby. aed tbe respactive lieas o~ said rtwn~ases. liens or other incwnbrances. thall be and the saaie and eacb of thaa hereby is pnsetved aud shalt psss to and be held by the Mort~a~ee heroin as secutity fot the indebtedaess to the Mott~ajee 6erain described or h~reby ~secured. to the ssme extent that it would have been proserved and wonld 6~ve beaa passed to aad been held by the INort~a~ee Asd it been duly and rosuluty assi~aed. tr~ns[ened, set o~rer. aad deli~ered uato the Mon- ~a~ee by scpatate deed of sssi~mnent, notwitbstaadin~ the fact that the satne msy be satisCed and caaceilad of ~ecord. it beins tbe intention of the puties herew'thu the s~ will be satisfied and c~ncelled of recocd by t6e ~ halders thereof st ar abouE the time of the tecotdin~ of tbis nattsye. ° S. In thc eveqt the ownership of the naitfa~ed pteu~ises. er any patt thereot. becames vested in a person other th~n the M~xt~ajo~. the Mortsa~ee may. without notice to the Mort~a~ot, deal with sucb successoc ot suc- cc~so~s in intercst with ~eference to this deed and the debt hetebr secnred. ia tha saa~e manner as writ6 the Mort- ~asor without in, any way vitiatins or di:chu~in~ tl~e Mat~aia's liability 6erew~der ot npoa the dabt beteby ~ securod. (W~ sale uf ~the premises heteb~r mortsa~ed aad ao facbeuance on the put of the Mortsa~ee, aad no ax- eensi~x~ of the time for the psyment of the debt hereby secured ~iven by the Mort~a~ee shall operste to ralease, dischar~e. nadify. chan~e a sffect the ai~iaal liability ot the Mort~a~a hereia eithet in wfiota or in patt. 6. The lien of this deed secures and shall continue to secure psymeat of said indektedaess ot.iadebted- ~ ness, however evidenced. whether by said promissory nota or aay renewal or e:tension ihereof or inbstitrte there- i fur. or othecwise, until all such indebtedness shall bave beea fully paid. ~ 7. In ~he event the ~ortgo~ors sell. convty or transJei 16e won~a`ed p~u~ises dwins t6t lije oJ this ~ort- ~ RaRe, then this ~wt~a~e shalf. at the option oj the Mortgqste hntin. 6eco~e i~ediately due ond paya6le jor ~JYe Jufl ~swe oj the principal botance md inttrtst then d~t. 8. Tha terms "Mon~ata" and "Mon~a~ee" wbenever uaed in this instrumen/ shall iacluda tha 6eir:. pasonal representatives, successors aad sssi~ns of the respective parties hereto. Mlhetever nsed tha sinsular number shall include t6e plural and the plural tbe sia~ulsr. aad the use of aay ~eader sAall incloda a!I ~enders. Si~ . seal nd iv r in the presence (Seal) O~J1' ~-~`~(SeiU ~ ` ~ STATE OF RLORIDA ~ COUNTY OF~ sf Berore Te~e' pe ~s u y appeued JOHN 1~1. MA30N aIId S~ARAH A. MA30N, his xife ` to me .vell kuow~n and kaowe a me w be tbe iadi~iduals desaibed in sad wbo execated tbe [ore~oiws inswmeat. and sckaornled~ed befare me that tbey e:ecatad the sas~e [ot d~e pwposes dareia expcessed. ~IITNESS n~y 6aud and ofticial seal ia the Couaty and Sute la:t Joresaid t6is 8th d8~y O~ AtigliSt 19~j0• . ILED AND RECOROED'= ~ T. LUCIE COUNTY. FLA. ` ~ECORn VERl~iED • a . 1~Ir Caanassia~ Espites: ~TtiIIQ 30 * 1971 Notary Pnblic. Sute ot ~10~1 , ` ~ = ~ . . 'T 0 Al1G 2 q AM 9• S5 ~ ~'y~~~`~:~ N_ R~;~.~ . ~ _ . . . ~ib y { (lt~ r ~.0;~ i 19`~'S - " ~ ~ " - ~ i~/ ~ • ~r ~i F;U~ER FOITRAS ~;;;'>4.~~ . CLERK CtRCU1T COURT N ~''r,` ~`~'~t'~` ~ a~K186 ~1653 ~-~j.~.,t,~.,,.:. ~ - _ ~ t - - ~~*,;,~K~y - ~r~?y:,_ :r=~.