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i~~• ~a~~~~e ~ oi0a u~~ufe~ of ~~~le to ~M ~a~l~iN MM~~~y w~ ~uu~{~~sl~e~~ a 1At ~yN~eMe~~ ~tcrrN Aer~~y. ~11 n{0~~ ~ule
awJ ~a~e~s•~ el Me Ma~~y~ ~M 1e ~~1r ~~+.w~~.e Ml~c~~~ 11~ fKS~ ~11 Ns~ ~e tiw wrNut~ « p~~tte.
IA1 Tu ~e.~n~?. aryly f~~A ~~N •b~~e Ay t~cA ~iN ~~Ny 1Ae n~wl~ua~~. y~eewtsu. c~MN~M~ ~N s~rNw~~~ ~s s~~ yow~away
w..~t ~wJ tAu ~ed ~tl /aM.
1~ 1 TU~~ ~f My e( •~~1 ~w~s ol ~sy As~e~e relaned ~o N ~a Ko~ly aM t~lly N~ ~u~~~ hh~t~ a~y. ne~1 ~ue~ ~
Me s~~e •s•e~~lly ~tcaws ~re M/ aY~~le. ~x ~t c~cA ~N ~w~y ~Ls ~~~w1~Uaa~. ~~re~~ssu. coml~t~ewa ~MI ewts~*N el sawl ~asu.
.wy ~o~e uW U~~ ~eN, a e~U~er, ~r~ na f~llr ~erfenM~. c~y1~N ~r~M ~M a?~N ~lr. ~Ae .~~d a{a~sN~e ~tn~awed ui s~~d
pow~.say ewt sUall ?ecu~e a~s aad py.sle r«M.r~U~ a tAu•.ttet tAe a~de~ of ~M Mat~~.t t~lly uN ewN~elr ~r tAe
.a~d a{~rt{~It ~w~ o( ~ua /ra~ua~?ay ~ot~ ~r~s a~~~~lly ~t~w1~IN ~o ?e a~~ aa sYC~ ~~r. ~~yWay i~ ~~N ~to~i~arr ~ett e~ Atre~n
~o ~Ac coeu~~y ~ot.r~cAstand~u{.
1~ 1 Tna~ ~e ade~ ~o accel„ats tAe ws~w~~y of tbe ~~ees~ea... ~s~•~y ,.e~r~e. bec~ws ol Ue l~~Iwe of Ue Mat~s~ar to py ~nr ua,
~a.e.swen~, I~aS~1~tY. oll~j~t~au nr eACw~b~ect ~pas r~~d ~e0fttr. ~i A~reu~ ~ovi0ed. ~t sh~ll uot bs K.ss.ary a repu~~ie M~~ d~e
nwK~~a~ee ~.u hr•~ o.r ~ ,.we.
The Mort~a~ee may, at his~option. ~nd without waivin~ his ri~bt to ~ccelerate the indebtedness heroby
.ecured and tu [oreclose the s~me, p~y either before or dtet delinquency any or all of those certain obli~ations
requ~rcd by the terms hereof to be paid by the Mott~~~or for the protection of the nart~ase security o~ fo~ the col- .
lec~~un af the indeb~edness heteby secured. All sums so advu~ced oc paid by the Moryyes shall bs chac~ed into
the nn~rt~a~e accaunt and become an inte~ral put theteot. subject in all respects to the tecros. conditions, and ~
~~~venants uf the afcxesa~d p~omissory note. and this mott~aje. as fully aed to the ssme extent as thou~h a put
af the ori~inal indebted~ess evidenced by said note and secured by this nart~~~e. exceptin~ howevet. that said
~um~ .hall be repaid the Mcxtsasee forthwith upon itt demand and be in additioa to the re~ulat monthly install-
ments pmvided by the mort~a~e note.
3. That the abstract or abstracts of title coverin~ the mott~a~ed pwperty sh~ll at sll times, durin~ the li[e
uf ~h~s mott~aRe, remain in possession of the Mort~a~ee and in eveat of the faeclo:ute of this nwrt~aae or other
tra~sfer of title to. the mortsa~ed property in extiasuishment of the indebtedness tecured heraby. dl ti~ht. title
and interest of the Mort~a~oi in and to aoy such absuacts of title shall pass to the pnrchaser o[ ~tantee.
4. To the exteet of the indebtedness of the Mort~a~ot to the Mort~a~ee described herein or secured hereby,
the Aton~a~ee is hereby subro~ated to the lien or liens and to the ri~hts of tha owners sad holders thereof of each
and every mon`a~e, lien or other incumbrance on the land described herein ~rhich is paid atd/ot salisCed. in
whole or in psrt, wt of the proceeds ot the loan desaibed herein or secured heteby. and the tespective liens of
said nwrt~ases. liens ot other incumbrances. shall be and the s~me and each of fhem hereby is ptesetved aad shall
pacs to and be held by the Mort~asee herein as security for the indebtedness to the Mort~a~ee he~ein described
an c~reby secured, to the same eatent that it would have been presened and ~vould have been psssed to and been
held by the Mort~asee had it been duly and te~ularly assi~ned. ttansferred. :et ovet, and deliveted unto tbe Mott-
~asce by separate deed of assi~nment. notwithstandin~ the fact tfiu the same may be satisCied and cancelled of
rec~xd, it beini the intention of the puties hereto that the same will be satisCed and caacelled of racotd by the
h~~lde~s thereu! at ar about the time of the recotdin~ of this moct~a~a. -
S. In thc event the ov~nership o( the mortsa~ed premises. or any part thereof. becomes vested in a person
other than the !Nart`a4or. the ~t~a~ee may, without notice to the Mott~asa, deal with such successor or suc-
ce~sors in interest wiih refetence to this deed and the debt hereby secured. ia the same ~uaaaec as with the Mort- .
gaaor without in any way vitiatias or dischu~ins the Mott~s~ot.'s liabilitr hereunder or npon the debt hereby
secured. No sale uf the premises hereby mort~a~ed a~d no lorbeuance on the -put of the Moctsa~ee~ and no ea- -
teosion of the time (oc the payment of the debt hereby secured ~iven by the Mon~a~ee s6a11 opetate to release.
E dischar`e. modify. chan~e oi a(fect the ori~inal liability ot the Mort~a~or herein either in ~rhole or in part.
~ 6. The lien of this deed secures and shall cantinue to secure paymeat of said indebtedness or indebted-
nes., however evidenced. whether by said promissory note or any rene~ral or extension thereof or substiwte there-
fur, ur otherw~se, until all such indebtedness shall have been fully paid.
7. /re rhe evtnl fhe mortgagors sell, convey or transJer the neortgaged p?en~ises darin~ the lije oj ~his ~uort-
RaRe. Ihtn ~his neortgagt shall, at the option oj the Mortgagtt hertie. beco~e i,~,eediarely due a,d payabte Jo? rhe
JuJ1 su,n oj the principa/ balance ond interest then dut.
8. The terms "Mort~a~or" and. "Mott~a~ee" whenever used in this instrument shall include the heirs.
perscx~al representatives. successors and acsi~ns of tbe respective parties herew. Wherever uaed the sin~ular
number shall include the plural and the plural the sin~ulu, and the use of any ~ender shall include all ~endets.
c ~
Si~ne sesled a e~ r in e presence of: v~-' `7~~ (Seal)
.
(Seall
c_.~.
STATE OF FLORIDA
COUNTY OF~ ss ~
~~~ST~ ~U ~Y ~uea~LLIE J. STOCg't'ON and I,UCII,E J. STOCBTON, hi a wif e ~
~ to me well known u~d irnown to me w be tbe iadividwls desaibed in and wbo execnted tha foresoiA~ instrwnent. ~
and ackaowled~ed befare me that they eiacuted tbe •a~ne [or the purposes thereia ezpcessed. NITNESS my h~nd
.nd off~cisl seal in the Count ~~{~g~~~s lrjth de~t Or AUguBt 19'j0. ~
~T. LUCIE COUNTY. LA. ~
~a7~J~R' C7K~ VEPIFIE ?~,~:.;~,~~~~~r<<
- ~r~ r ~r
. ~
Hy Comm~ssion E:pire~: 0 ~~~Notary Public. S~ue of Fl
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r'~~ ~i ` t!;y.f
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' t~o~rRas . <:~~=rd ~ . : _
. ~'y~' ~ , ~ ; ;
CLERK CiRCUtT COURT ` -
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