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tMs ~xl~yt w oW~ trpu/t~ tuh ~~t ~at~4~~ Ro~aly u~ e~tu~~~~~wtA~ W tA~ ~ndN~etlseu ~ecws, ~ r~cA). all nrhf, ~uls ~
aM ~~~atst o/ 1b 1AMt{~{~r u~ siN ~o ~~y ~w~w~~c~ phe~~~ ~~t~ fac~ ~AaU p~u ~o ~At owc\~ie~ a~~an~se.
l~) To ~ertar~, co~?ly ~~tA sd ~?dt .?y •~c~ aad evtry ~~t ~uprl~uo~s, apsew~au. cowdiua+s ~nA covena~tx ~a ~ud pr~wm..~.~~
ao~t and tA~~ Atd se1 tor~A.
(~1 That ~ey of su~ s~s o( ~oaeY here~n r~feaed to be no~ ~o~~lY and tu11Y Oa~d +uMe h(~een d+y. ne.~ ~~:e~
tA~ s~~e se~ecally ~cowe~ dre sad P~Yalle.a H e~cA a~d e~erY ~M~ st~oul~uqu. ~~reemeets. coM~uowa ~ed coveaan~s o( raN! pow~..
say note and tAu deta. a tuher, u~ na t~ur v~~t«.ea. taoPGtA •NA and ab~ded SY. tht so~d aqrtpte swn ~enuonrJ m.nd
pro~~ssay note sAall beca~e dw and PaY~bte (ad?v~iA a t\us~her •t tAe opt~oa. of tRe Mat~~~ee ~s tully and cosple~ely a. ~Ac
~~~d a{~te~ate d a~~d ptoinasaY pote f~s o~~~~n~liy ahyYi~~ed to M p~~d m such d~Y. a~ytAm~ ~e s~~d pom~YawY eule w he~e~n
to tAe coatruy sohritAs~a~d~n~.
V) Tha~ ~n ader to acc~la~te U~e wtuniy of tAe iadebtsdness Aertor secaed. because o( tAe i~~lure of tAe l~Iata.~.N eu pa) anv
• asseRS~ent; 4ab~li~y. oblia~t~oa a encuwbrawce upon s~~d prooerty, ~s Aerem p~av~ded, ~t sh~ll eot be eeces~»ry ar reqws~lt tAst ~~r
.~«~s.a« ,~,n t~~si o.r ~e~ ...e.
2. The Mat~a`ee may. at his option. and without waivin` his ri~ht to accelerate the i~debtedness hereby
secured and to foreclose the same. pay eithtr before ot after delinquency any or all of those ceriain obli`ations
requi~ed by the terms hereof to be paid by the Mort~a~or for the pcotectior~ of the mort`a~e security or for the col- .
lectian of the indebtednesa hereby secured. All sums so advanced or paid by the Mortfa~ee shall be charsed into _ ;
the morttaje account am1 become an inte~tal put the~eof. subject in atl respecta to the term~. conditions, and
covena~ts of the ataeaaid promissocy note, ared tfiis mort~a~e. as fully and to the same e:tent as thou~h s part
of the ori~inal iadebtedness evidenced by said ~ote and secured by this mort~a~e, exceptin` however, that said
sums ahsll be repaid the Mott~a~ee forthwith upon its demand and be in addition to the re`ular munthly install-
ments provided by the mortsa~e note.
3. That the absuact or abstracts ot title coverin~ the mort~a~ed properly ahall at all times. dutina the life
oi this mo[tga~~~ remain in possession af the Moct~ajee and in event of the [otecloaure of this mort=a`e or other
trsnsfer of title to the mort~a~ed pcoperty in extinruishment of the indebtednesa sec~ued hereby. all riaht, title
and interest of the Mortsa~or in and to any such absuacts ot title shall pass to the pucchaser or arantee.
4. To the extent of the indebtedne~s of the Mort`asor to the Mortaajee described herein or secured hereby,
the Mort`a~ee is hereby subro~~ted to the lien or liens and to the ri~hts of the owners and holders thereof of each
and every mortga`e, lien or other iecumbrance an ihe land described heniA which is paid and/or satis~ed. in
whole ot ia part. out of the proceeds of the toan desctibed herein or secured hereby, andlhe respective lions of -
said mortaa~es, liens or other inc~unbrances. shall be and the same and eacb of them hereby is preaerved and shall
pass to and be held by the Mottsa~ee herein as security for the indebtedness to the Mortgagee herein desctibed
or heraby secured. to the same eatent tiiat it would 6ave been preserved and rvould have been passed to and been
held by the A~ort~a~ee had it been duly and re~ululy assi`ned. trans[ened, set over, and deliveced uato the Mort-
ga~ee by sepa~ate deed of assisnment. notwithstanding the fact that the eame may be satisficd and cancelled oi
record. it bein~ tbe intention of the parties hereto that the same will be satisfied and cancelled of record by thc ;
holders thereof at or about the time of the recordin~ o( this mort`ate. ~
, S. In the event the ownership ot the mortgaged premisea, or any part thereof. becomes vested in a person '
other than the Mortga`or, the Mortgasee may. without notice to the Mortgasor. deal with such successot or suc-
cessors in iaterest with reference to this deed and the debt hereby secured. in the sama manrier as with the Mort-
ta~or without in any war vitiating or diachargin` the Mortaa~or's liability hereunder or upon the debt hereby
secured. No sale of ihe premises hereby mortgaaed and no (abearance on the put of the Mortgagee. and no ec-
tension of the time for the paymeat of the debt heteby secured given by the Mortgagee shsll operate to release,
discharte, modify, chat~ae or aiftct the original liability of the Mortga`or herein either in wfiole or in part.
6. The lien of this deed secures and shall continue to secute payment of said indebtedness or indebted-
ness. however evidenced, whether by said promissory note or any renewaf or e:tension thereof or substitute there-
[or. or otherwise, until all such indebtedness shall have bee~ fully paid.
7. /n ~he eve~t the n~ortgagors sell, convey or transfer the ~nor~gaged pre~nises du?ing the tije oj this inort-
i ga~e, th~n this mortgage shall, at the oplion oj the Afortgogee herein. 6econie immediately due and payable jor the
~ jull sun~ oj the principal twlance and interest then due:
8, The te~ms "Mortgaaor" and "Mortgagec" whenever used in this instrument shatl include the heirs.
personal representatives. successors and assigns of the respective puties hereto. Wherever used the singular
number shall include the plural and the plural the singular, and the use of any gender shall include all genders. .
w t~ ~ T E I/~~ 1~ ~ l ~
Si e d, sea l r i n r e s e n c e o f: a U
~
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(Seal?
STATE OF FLORIDA
COUNTY OF ]I~ ss .
Be[oresma peyonallr appeared ~TAUI~TR L. Y~ARBY and CHARI,IB MAS YI~A?RBY ~ his wif e
~ to me well k~~m aad known to me to be the individuafs described in snd ~rho executed the foreaoins inatrument. ~
~ and aciuw~lod~ed befote me that they executed the same for the purposes thenin expressed. IYITNESS my hand
and otiicial sesl in the Couaty and State last afaresaid this l~jth de~y of Au 19~•
FI~ED ANO RECOROEO' - ~ ~ •
ST. LUCIE COUNTY. FLA:
RF CORD VERIFIED - ~ ~ ~ ~
~m,~~n June 0 19?l. F1o ' ~ = . -
My E~cpir ~ Notary Pub ic, State of -=3 't
'(U ~tf ' = T
~ r y• f- =-~~L~~~:.~.'.
~.9`791.~ ~ ~ ,:Y.. `
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~0~•Et? ?OITRAS ~ - '
- CIERK CIRCUIT COURT: iii°~d ` ~~~`''''~r
~ ~~~?~r~.
. ~1~ P~~EZ213
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