HomeMy WebLinkAbout2816 . ;
Our File 5-23,192 i
tAu a~aisa~e a oU~er trasslcr of uUe to ihe mor~~•~ed pope«r ~ eiua~u~sAmeat ot tRe ~ndcbtednsss secwed Aereby, •U n~ht, uile !
•nd ~otaest o( 1Le Mat~a+~t ~n and 1o s~y ~nswance pol~uea thea ~n (mce slull aasc w ~I+e pwchau~ w pamee.
(A) To pert«~a, comply ~~tA •nd ab,de oy eacA ~ad everY the shpul~uans. ~~teeiaents. condiuona snd covtnanis io .~~d pe,.m:..~,~y
note ~nd ia this deed set (artA.
TAN any of srid sums o! maaey Ae~e~n re(erred to be not p~omp~ly and (ully pa~d ~~~h~n (~hecn da). ne•~ r~s.~
iht sa~c severallY ~cwncs dut ~nd p~IVble.or ~t each and every the supuUuoaa, apeemen~s, coewfwons a+d co~eoan?s oi .~~J p~crm„-
sory eote and tAu deed, a c~tAer, ue no1 fuliy pe~(ors~cd, coapl~ed ~uh and ab~dtd Ay, tAe .ud aure~~~e surn me~!~•~+cJ in .~~d
poausaay note iball becose due an0 payaDle fatA~~th or the~eattet •t tAe optioe of ~he l~la<<a~ee ~s fully sn3 comple~ety as ~t ehc
sa~d aa{rt~att au~ ot aa~d prwwssoty nott ~as or~~~nslb' supula~ed ~o se ps~d on such d~Y. anytA~n~ ~n sa~d pom~ssory notr ~~r here~n
to the contrsry notv~thsundm~.
V 1 TAat m ader to accelerste the matunty of the in4eDtedness hereby secured, beuuse o( tAe (ulure o( the M~i~a~w pa> any i~~.
~sseasmenl, IuSiGty, oblsjahon or encwaDrance u~un s~~d prope«y, •s Aerem pro~~ded. u~hsil no~ be ncce.cary a reQu~sue ~ha~ thr
mo~t~asee shall f~rst pay tAe ssmt.
2. The Mort~a~ee may, at his option. snd without waiv~na his ri~ht to accelerate the indebtedncss ht~eb~
secured and to foreclose the ssme, pay either be[ore or a[ter delinquency any or all of those certain obt.igation+
:st~:sisr:l h~: ehe ~er~?s he:eof ta be oaid bv th~ Morttato~ for the protection ot the mortss~e secutity or for the c~~i-
lection of the indebtedness hersby secuced. All sums su advanced or paid by the Mortia`ee shall be charged into
the mortgage account and become an integrai put thereof, subject in all respects to the term~. conditions, and
covenants of the aforesaid promissory note. and this mort~age. as fully and to the same extent as though a part
of the oritinal iadebtednoss evidenced by said note and secuced by this mott~a~e, excepting however, that said
sums shalt be repa~d the Mat~a~ee forthwith upon its demand and be in addition to the re~ular munihly in~tall-
ments provided by the mortsa~e note.
3. That the abstract or absuacts of title coverina the mort`a~ed property shall at all times, duting the life
of this moctgaae, remain in posscssion of thc Mort6a`ee and in event of the foreclosure of this mortga~e or ather
transfer of title to the mort~ated ptoperty in eatinguishment of the indebtedness secured hereby, all right, title
and interest of the A4ortaa~or in and to any such abtuacts of title shall psss to the purchaser or `rantee.
4. To the extent ot` the indebtedne~s of the Mortsa`or to the Mortgaaee described herein or secured dereby.
the Alortga~ee is hereby sutxoaated to the lien or liens and to the ti~hts of the ownets and holders thereof ot each
and every mortgage, lien or other incumbrance on the land described herein a~hich is paid and.'or satisCed, in
whole or in part, out of the proceeds of the loan described herein or secwed heteby, and the respective liens of
sa~d mort~aaes, liens or other incumbranccs, shall be and the same and each of them heteby is preserved and shall
pass to and be held by the Mortgasee herein as security for the indebtedaess to the Mortgagee herein deaetibed
or hereby secured. to the same extent that it would have been preserved and Mould have be~n passed to and been
held by the !?k?rtgagee had it been duly and regularly assigned. transfened, set over, and delivered unto the Mort-
gagee b~ scRarate deed of assi6nment, notwithstanding the fact that the same may be satisfied and cancelied of
record, it be~ng the intent~on of the parties hereto that ihe same will be satisfied and cancelled of record by the
holders thereof at or about the time of the recordin` of this mottga6e.
5. In the evcnt the ownership of the mortgaged premises, or any patt theteo(, becanes vested in a person
' other than the !?lortgaaor, the 41ort~agee may, without notice to the Mortga$or, deal with such successot or suc-
~ cessors in interest w~ith refetence to this deed and the debt hereby secured, in the same manner as with the ~1ort-
; gagor without in any way vitiating or dischargin6 the Mort`agot's liability hereunder or upon the debt hereby
; secured. No sale of the premists hertby mortgaged and no iorbearance on the part of the ~lottgagee, and no ex-
; tension of the time for the payment of the debt hereby secured given by the ~loctgagee shall operate to release,
~ discharge, modify, change or a(fect the original liability of the !Nortgagot herein either in whole or in part.
~ 6. The I~en of ~his decd secures and shall continue to secure payment of said indebtedness or indebted-
~ ness, how~ever evidenced, whether by said promissory note ot any renewal or e:tension thereof or substitute there-
~ [or, or otherwise, until all such i~debtedness shall have been fully paid.
~ 7. !n rhe event the mortgago?s sell, convey or tronsJer the mortgaged p~emises during the li/e oJ ~h~s mort-
~ XaRe. then thes morlqage shall, at the option oJ ?he Alortgogee herein, become i?nmediatel~~ due and payable Jor the
4 Ju11 sum oj ~he principal balance and interest then due.
~ 8. The terms "!1lortgagor" and "Mottgagee" whcnever used in this insttument shall include the heirs,
~ personal representat~ves, successots and assigns o( the respective parties hercto. Whereve~ used the singular
~ number shall include the plural and the plural the singular, and the use of any gender shall include all genders.
C
N:
~
~ S~g sealed ~n the presence of: ~ (Scat)
~ ~ iLi~'L/1,,~~~'~ "c.~'x~ (Seal) ~
~ ~
~ f
, ,
~ h
STATE OF FLORIDA I i~
"y COUNTY OP~fAt~C f ~5
ST. LUCIE
Before me Perso~ally aPpeared EZRA ~IS M~OSS attd LOUISE MARIE MUSS ~ his wife
to me well known and known to me to be the indivi uals desctibtd in and who executed the fore6oin~ ~nstrument.
and acknowledged before me that they executed the same for the purpoaes therein expressed. MIITNESS my hand
and official seal in the Counry a~d State last afotesaid this 4th Day of Deeember, 1971
.i 4
::.3 ~
r .
_ -
_ . 1V' ~~~{f
tf
1+ty Comm~ssion Exp~res: w1e 30 1 75 otary Publ~c, State w-~~=>
i~~lU~IE COUNj'f sLA- ` r' f,' wl . =
r~ % ~
- ~p~ER PO{t1U p~~ . : ~ _ ;
_ CIERK CIRCUIt COS1R~ , - ~1 ~ . ; -
Rt~pR4 VERIFlEO Ar g~ .
.
~ Pw,1 ~ ,,G -~~1- ~ .
: ~ `3 4 , ~ • _ _
~ ~ , - .
_ ea~197 ~~z81i
- ~~~.-~s
- - - _ .