HomeMy WebLinkAbout1226 Our file 5-22,211
iC~. m.~~1F.~~tr .w ..~h:~ L~n~lrr .d 1~~1~ ~A: m.wt~{aK~J pup~~~~ ~n e~~~~ru~~bnxnt •.~1 thc ~nJ~hlrAn:.~ .c.,.,.~d h..~~~~~. ..L' ~:«f~. "~~~c
~r.,l ~n.e~:.t ~hr N.•~~~aK.~ ~n ~nJ am m.uua.~ p.~h~u. tAcn ~o I..rae sh~ll pa.. tu ~hr pw~Da~ce p~n~er.
tA~ Ir {+.•~~~rm, ..rui.t~ ~~tA •nd • ~~da• ~~.A and e~e~Y lhe .upul~um~. •R~eanents, aoncl~~n.n. ~nd ..~rer..a~in .~~d pi..~~~....n
n.~~e •n.l in ~A~. .ic: d.rt t.nt~. `
1~ ~ 1hN ~1 am ..t .~~d :.um. .~1 m.~nr~ !~r~c~n ~c~rn:J hc nal p~umptl) atrl lull~ pa~d ~a~~A~r. hti.rn ,l~~. nr•r ,,ttr~
th~ .~me .c~culh l~e..wnos .luo •nd p~~aA~c..r ~t e~.A and e~ti> the ~~~pul~Uwn., ~Rt~emant~, aund~t~un. •m1 .~~~~ra~ni. ..t .~~d ,~~~~m~..
..wv n.•t~ ~nd t~~a dccJ. ..t cuh~~, aio n~~t tullv pc~t~wmrd. ..rnpi~ed ~UA aod •h~Jrd l.v. th~ .~~d +~t~ee~~'c ?um menia.~n:d ~n ..u.f
p..mi...w~ nale ~A~11 bc..rnt due •nd p~~+hle LwN?~?~.Lh ~M ~Miealtor •1 the ..ph.m ut tAe \Iwt~a~ee tull~ ~nd ~umplrlch ~t tn:.
.a~d a~i~e~a~e xum ol .a~d ~w.wm...u~ n.~~~ +a~ .~~~rm~ll~ ~:~pul~~ed to bt pa~J .n ~ucA J~Y. an~th~n~ ~n ~~iJ p~nn~..u~l n..tc Ae~c~n
t.. thc . ~xh~~v n..t~~tA~1~~J~nR-
Ir 1 iA~~ ~n .~dr~ t.~ ~..elc~ate thc matu~.t~ ..1 ihe ~nd~bt~dnes. hotcb) ~r.wcd. be~~usc .d ~he I~~lu~e ol ~Ac V.atK~~u~ p~~ •ny ~~a.
~..e..ment, :~aA.l~t~. .w~L~ai~~v~ .w rn.umM~n.e uM~ •a~, P~•'Pr'~t~. herc~n pru~~de~. N?hail nol ~e ne.r...,n ~r ~c~ui>~~e ~h,.~ ~he
P`~N~~iiff .A~11 fi~.t Ny the c~me.
Tht \k~ttgagee may, at h~s upuun, and w~thuut wa~ving h~s nght t~~ arceletate the ~n.irbtedne~s hrrrb~
.rcurrJ :+nd to G•rcrla~r thr .am~. pa~~ e~the~ 1+rfote ~~r aflet del~nqurncy any ar all of thuse crrta~n ubl~gauo~~.
r~~uirrJ b~ thc trrm~ hertaf t.• he paiJ bv thf \lottgag~~r for the protecuon af the rtxutgage secut~ty or f~~r ehe col-
Ir:~i.?n ~~i~ thr ~ndehtrdntss hereby s~cuted. All sums su advanced or pa~d b~ tht Mortgag~e shall bt chargrd ~ntu
th~ ~m~rlR~gt ~~~runt anJ hrcumr an ~c~trgral part there~~f, sub~ect in all respecta t~~ the tcrm., a~nd~huns, anJ
:~~.rnant• ~hr :efurr~a~d ptum~ssut~ nute, and th~s murtgage, as fully and t~~ the samr extrnt ac thou6h a~ari
.•f th< <~ng~nal ~ndrbtcdne~. r.•~dcnced by said nate anJ s~c4rcd by th~s ~rwrtgage, exccpung huwever, that .a~J
.um. .hall t+t rcp:+id the \1~~ttgagce forthK~th upon ~ts demanJ anci be addition tu the rcgulat monthly ~n~tall-
mrnl. pruvidcd b~ the morigage notr.
i. ~1'ha~ !hr ab~~ract ~•r ab~tracts of ti~le raverina the muttaaged propert~• shall at all times, dur~~a the I~fe
.~f th~~ nr~ngagr. rema?n +n ~x?ssr~s~un of tht \1~~rtgagee and i~ evenl uf the foreciusure o( this mortgage or other
tra~.itt titl~ tu the m.xtgagCd propett~~ ~n exungu~shment of the indebtedness ~ecuced hereby, :~11 t~ght, Utle
anJ interrct uf tht ~1i~ttga~tur ~n and to any such abs:rai,ts ~~f title shall pass to the purchaser or grantee.
~1. To the extrnt of the ~ndebttJnrss of 1ht ~k~rtgagor ta the \lortgagee desctibed here~n or secureJ hcreby.
th~ \tortgaFer r• hrreby wbrugatrd to the lien or I~ens anJ t~ the nghts of the owners aad holJers thereaf of each
anJ rvery mu~tgagr. I~en or other ~ncumhranct ~~n the tand desctibed here~n which ~s pa~d and or satisfied, ~n
uhoit .~r ~n pa~t, ou. of the proreeds of ihe I~,an dtscribed herein ot secured heteby, and 1he respective Grns of
.aid mortgagr~. l~ens ot othet ~ncumbranres. shall be and the same and each of them hereby is preserved and ~hal!
p.~.: to :+nd hr heW b>~ th~ ~1o~tgagre hercin as secunty for the incirbtedness ro the `lortgagee here~n descnbed
~~r hrrcb~ ~r~ureJ. t~~ thr samr e~.ent that ~t wuuld ha~e been pteserved and would have been passed to and bren
hr{J b> thc ~1~~rtgage~ had ~t b~en duh~ and regularly assigned, transferred. set over, and deGveted unto the ~1ort-
~tagrr b. ~epara~r drrd o~ ass~gnment. ~ot~+ithstand~ng the fact that the same may be satisf~ed and cancelled of
re«•rd, u br~n~ the ~ntenuon of thz parucs heretu that the same will be satisfied and cancelted of record by the
huldrrs tht~eof at .~c ahout the ume of the rzcord~ng of th~s mottgage.
5. In thr r~•rnt thr ov?r~rtsh~p ~~f the mortgaged premices, ur any part ihereof, becomes vested in a person
rthrr tha~ thr ~k~rtgagur, the \lurtgagee ma~~, N~thout m~uce to th~ \1o::gagur, deai with such SUCCC~LOf ~*f ~uc-
ce.xor~ ~n intrtext v?~th refecrnrr to th~s deed and the debt hereby secured, en the same manner as v?ith the \turt-
gagor N~th.~ut ~n am way vit~at~ng ~~r d~scharg~ng the \lortgagor's liabil~ty hereunder or upon the dcbt hercby
cecur~d. ti~, calr .~f the prem~sc. hereby r.~ortgaged and ~o [otbearance on the patt of the ~brtgage~, and no ei-
tcn.i~~n of thr ume for the payment of the debt hereby secured given by the ~lortgagee shall operate to rtlcase,
i d~.charge, rr._-d~fy, rha:~ge or aff•:ct the ~,ng~nal t~ab~lity of tfie ~iottgagot herein e~ther in wholr ~t in patt.
b. The Len of th~~ d~td secures and shall conunue m secure pa~~ment of sa~d indebtedness or ~ndebted-
~ nr.>. h~~wr~er e~~Jen~ed, whethet b~ sa~d promissory note or an~• renewal or extens~nn thereof ~x subsutute there-
f.~r. ur ~~therNi~e. unt~l al! ~uch ~~debtednecs shali haet been fully pa~d_
j 7. /n thr r.~•nr the r?,ostgaRo~s selt, con~•ey or ~rnnsJer rhe mortRoged p~emeses du?ing the J~te o/ this mo?t-
~ Euee. rhe•n thts mo?tRaRe shall. at Ihe oplion of the NorrRagee herein, bernme ~mmediateh• dur and ~w~•ablr l~~r tnr
~ tui! su?R c,I rhr pnnc~pal halunct and ~nte?est then due.
~ ~ The terms "~k~rtgag~~r'~ and "~lortgagee" whenever used ~n this instrument shall ~nclude the he~rs.
~tr~onal rcpresrnlat~vec, su~cessots and assigns of the respecuve part~es hereto. wherever used the s~ngular
nur:,hrr st~all mclu~fe the plural and the plutai the s~ng at. and ~ie use of any gender shell ~nclude all Renders.
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S~gne . sraled a d er d i he presence of: ~ ~ ~ ~ ~ ~ ~ ~ ' ' • IStall
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~''-l'S~~,G2~ L'~_' ~.C~ ~ L ! lSeail =
_ t +-~y t ' ~ l_ j
~ ST.4TE OF FLURIn4 I
,s
Cnt: tiTY OF Brlf~Bc
~ ST. LUCIE~
i Kel~~re me personally appcared OSSIE WRIGHT ~ Jr, atld E~ARBAREI WRIGHT ~ his Wife
~ tu :-ic NeU known and known to me to be the ~nd~v~duals drscnbed ~n and who executed the foregoing ~nstrumcnt. ~
~ an:! a~knoNicdgcd bEfore mt that they exeruted the same (or the putpuscs thetcm expressed. WI7 ^~FSS m~ hand
~ dn,i c~ff~c~a! ieal ~n the (-ounty enJ Sta;e la~t aforeca~d th~s ZZriC~ Of .Tu~.y~ 1971.
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~ ~1ti (~~:n:iti~~un F xp~res June 3~, 1975 Noiar~ Pvbtic, 9ta[e or'• orida 8t rge
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