HomeMy WebLinkAbout0387 Our file 5-22,99S
~h~s m.Ntta~e .K o~her tqnsfe~ af Ut1e ~o the murtra~ed poperty ~n e~Un~uuhmtn~ ut the ~ndebteJnes~ ,e.urcd h~r~~~, ,1: i:~ha, !~ile
,nd ~ntere.t ul the A1o~tia~vt in aM! to ~ny ~n~u~~a.~ p.~l~cic~ thcn ~n (o~cc shal! pass to tht pu~ihaatr or ~r~n~et.
lhl To ptrlcwm, comply v~th and ab~de b~ t~in and ~~er, the st~pulat~.~ns, rYrermcet~, ~.~nd~t~on, rnd ..,~rnantc ~n .~~d pr„rtu.~o~~
m•~c anJ ~n ih~. deed set tartA.
~ Ih~' ~t an> .~f ~s~d suma ut m„ne> hcrc~n crtrrt.l t:~ ht n,~: p~.~mp:l> ~n1 ~ull~ paid +~ihin titi~•rn ~a~. or.~ ~i;c~
the .eme .everally Decanes due ua! paYahle.or d ea:h and rver~ tAe ct~pulau,~n~. aE~crments, ~ond~~~on. •nd c.~~enrn~~ ot .r~J prom~..
.n•> nnte and th~s detd. ot t~tAer. are not tully pi~tormcJ. compl~ed with ~nd •~+~drd ~he .r~J ~KgrcX~;r cum mrnt~.~nrd ~n ~~:d i
p~.,m~..on n..tt sAall become due and pa~~Alr in~tha~tA ot therea(ter ai tht opuon ~f thc \1utt~ta`<e as tull> ar.J .omple~rl~ tht i
.sid a~~rc{a~e swn ut sa~d ptc~mis~wy note vras .~n~~nall> +~ipulated to bt psid on .u~h d~>. anyth~n~ Ifl S~IJ p1JC(:I~~a~t~ nou .~r he~rin ' ~
th: r,.n±rary nutyi~hsundm~. • ~
1~.,+ :n :.•dtr tn ~t:elefatt !he miiu~~t~ u( tfi~ ~ndcnecdne.. hereh~ .r.utcd. hr.su~c .~t iAc (a~lutc o~ :T+- \I..etp~Kot t.~ p~~ em t.~~, ~
.,••r•.ment, l~~ti~l~h. obL~at~oe or .•r..w~~nr~n.r up.,n .aid pn•pe~ty. a> Aerri~ pr,.~~,ed. it .hrll na nc ne.r.,.~r~ .u rr~u~c~~e ~hat ~hr ~
~~~.~~r.• ,F.,~11 t~r.t p,~) the same. _ E
_ The \t~~rtbaget may, at h~s option, .?nJ ~~thout u~~~ing h~~ t~gh~ tc. arceltrate th~ ~n~lrhtednc.s hertb~ ;
atrured and t~~ forecios~ the ~amt, pay~ eithe~ before or atter drl~nqutncy any or aU of those certa~n obligations =
rcy~ure~i h? ~h~ tetms htrcof to be ~a~d b>~ ~he ~lortgag~•r for ~hr pratection af the mortgage secunt>~ or !or the c~~l-
ir.~~~~n ~~f thr ~nd~bttdness hereby secured. All tums so advanced or paid b} the ~lurtgagee shail b~ charged ~nto
ih~ rr,~~rtgaga ar~ount and hecome an ~ntegtal part therouf, ~ub~ect ~n all rcspects tu the ttrm.. condiuons. and
:~~.rnants uf the aforesaid prom~ssory no~e, and this muttgag~, as fuliy and to thr same txtcnt as th~~ugh part
,•i thc ~~~iginal ~ndebtedness ~~~idenced b}~ »~J r~~•tc and srcureJ b~ this rrx~rtgage, e~cepting however. Ihal ~a~J
•ur ..h:?11 he repa~d ~he ~t~~rigagee f~~rthw~ith upon ~ts demand and be ~n addiuon to thz regular monthh• ~nstall-
•rrnt. ~ravi~led by the mortgage note.
z That ttic abstract or abstracts of t~tle cuvering the muttgaged propert~~ shall at all Umes, during the t~fe
th~~ ~~~~rtsage, remain ~n possr~s~on of the ~iurtgagee anJ in e~ent ~~f 1he f~~rectosurc of this mortgage or mher
~r.~e.t~r ~~f utl~ t~~ tht nx~rtga~trd propetty ~n rvtinguishment of the indebtednr.s secured hzreh~, all r~ght. title
.m~i ~n~tre.t uf thr ~tortgag:~r ~n anJ to an~~ such abstracts of title shal! pass tu the nutchaser or gtantee.
-i T~~ the extent of the indebteJ~ess ~~f thr \lortgsgur tu the V~~rtgagee descr~bed here~n or secured hereby,
i!,. \t~~rt~tagzr is hereby subr.~gated t~~ the lirn .~r I~en~ and t~? thz nghts uf the oNners and holders thereof uf each
and r~erc mortgage. I~rn or othcr ~ncumbrance on the land descnbed her~in wh~ch ~s pa~d and c?r satisiizd, in
wh++te ~~r in part. out ~~f the proceeds of the i~an drscribed here~n or securtd hereb~•, and the resptct~ve lienc of ~
.e~d mrrtgages. I~ens or oth~r ~ncumhran~es, shali 6e and the same and each of them hrrtby is prrserved and shali
~a•. and br htid b~ the 1lurtgagtt h.rre?n secunt> for th~ ~ndebtedne.s to the \tortgagee hereen descr~bed
or hrrrb~ se~ured, t~~ thc same extent that it wruid hat•e bten pceserved and v?ould have been passed to and been
held b. the \i~•rtgagee had it heen duly anJ ~egutatly assigned. ttansfetted, set over, and deGvered unto the ~1or~-
gagee h. separate derd of a~S:Fii(LItRt. tiOtw'1tFiS(3ii~ezg the fact that ~he same may be satisf~ed and cancelfed of
!eC~ud. ~1 bt~rlg the ~nt~nuon ui the parue. hercto that the same wili be sausf~ed and cancelled of record bv the
~~~I.tCf. thCfCi+~ :f[ i+( ab~~ut tht tirne c~( IhC fCCt~~~IRg U~ Ihl~ r.:urtgugr.
!n thr rvent the awnersh~p ul the mortgaged prem~ses, or am~ part thereof, becomes ~•e.ted in a person
~•ther ~han the \1•~rtgagor, the \tortgagee ma~~, without notice tu the ~lortgagor, deal with such successor ~~r ~uc-
ce~.ur~ ~n interes! w~th refrrence to this deed and the debt hereb~~ secured, in the same manner as with the \lort-
; gagor ~~uhout ~n a~y Nay v~Uaung or d~scharg~ng the \luttgagor's liabil?ty hereundet or upon the dtbt hereby
~ ~trvred. sale ~~f the prrmuen hrrcb~ rr~~ctgagrd artd nr f~~rhrarancc on tht part ~~f the 1lortgagre, and nu z~-
; tzn,~~~n of thr ume fo• the paymenl the debt hereb~• secuted given by the ~1~~rtgagee c~~~~ ~~s~sz ~elease,
E disrhargt, m~~d~f}~, changr ~r affect th~ ~~rig~nal liahi4~ty .~f the ~lortgagor here~n eithet in whole or ~n part.
j h The I~en ~~i thi. deed .rcurr. and .hall ~~~nunut t~~~~e~p~ ~ ent of sa~d ~ndebttdnes. ot indebted-
i nr,,. h~~Ntv~t CYIl~CI1Ct~. Mhtlflct h~ ~J~~1 (~I~~n~~~~~~~~ ~~ilP n~ t C a t~~i~~~~bf~l
f~~r. ~~r oiherw~se, unUl atl such ~ndrbtednr,s ~half ha~•e hren~~~~ d~ ~~p a~fli~.ty 1~Z SJ~.~J,
' In the ~'rc~nt lhe ??t~rtea~~~rs .sr/l. conl•Pi• nr Iru?~sfert ~~~,,eq~d p~re~mrtses d~u~r}?nx tlEe ~t7~ o~71itS11(c?~r1
.*:.r~ rh~. mi~r(~aA~e ~ha!!. at ?i~c ,~T~~un n~ th~~ Il~,rt~uqc~e h retn. he~n~P tMI11l~~t~f~!`Q~~~Mt~~f1t2~~~(I~
•:,.'i thc~ ~+?mci~uf hulur~re~ un~! ~nte.est th~•rt du~~. WI~! by t~!
~ Thr t~rm~ "~tortgag~,r'- ~n.: "\t~,rtgagee" Nh~nr~~~.~n~i> nt shall~ioeluTle tht he~ts~,~
~er~,~nal teprczrntaU~•es, su~cr,ti«r. and as.~gns uf thc resprct~<<e parttes e . NF~erevrr used the stngular
~u~~hrr chall mclude the plural and the piurai ~he .~nguiar, and the u.e nf am~ gender shall include all pender~.
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ti ncs. . d - ~~rred the presrn~. of: ~ J ' "t : ~ ISca!)
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S ~ATE OF FLnRtn.q ~
t~til'\TY (1F OG~}E•X ~ =
ST. LUCIE *
t~e[:•rr m~ ~±rt.~mall~ ap~+earzd ERNEST KING atld DELIA MAE KING~ hfs wife '
t~~ me Mell kn>>wn and knoMn to me tu be tht ~rx1~~~duals descnbed ~n and who txecuted the foregu~ng mctrument.
and a~kn~wledgrd befure me that Ihe~ c~ecuted the samc for the putposts there~o expressed. W~T!\f-:SS my hand `
a~d ~~fficial .eal m thc ('~~unt~ and Sta~e la.t af~~rt~aid th~+ 2$th (~Sy o Oetober 1971.
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\1. l..^~m~.~n•n 1~p~rc~ June 30 1975 \,~tar~ P . tatt nr Flori 8 $t. E~ .i, ~
fIlEO ~~D P.EC~RQ ~ _ ` :
St. WCIE G~1tIMry flA ~ - _ , .
~ ItOtER D~1T1lAS ~ : :
Clf RR C+RCWT COMT ~ _ _ _ . . .
QECORt~ ~rf R~ftES.r•--~ , ~ ~,r
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II~r 15 10 ~6 !
;~ssazo go~ i97 P~~ 3~~
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