HomeMy WebLinkAbout3198 ~ i~ f h~~ .n. ,~1 .r~~i .uiu. ~.1 m~~n~~ h.~~~n r.f~n~d hr n.~t promp~ir ~nd fullr p~~d wuhm ~1rtv A~r~ n~a1
r(t~r tl~. ..~.~a4`. t,.~.~rn•~ ~1u~ •n.l ~~~.~f~l~, ur i~ .~~h wn~l thr •unul~l~~~nr wtr~rmrM~. ~nn~lilentl~ rn~ ru~ro~nU o~ •~~d
pr,.~,~~...,~. .i..r. ~~~,1 ~1~„ ~I..,L ~.r .~iln ~ wn n.~~ Iol~~ p.rl.~r~u.~l. ~~.n~~~ln ~l w~~l~ rn~l •L~~I. ~I l.ti, u? ~1 p~~n~~ nU rl~oo~~~ 1~ ~~r~omr
~1~ i~nyu. .u~• ~.~r . ~t~ uun:Lt~n~ . .A.. t~nK Ih~ pr..prr~~ 1~. ~n . ~.n~. ~n..l ~i~. ..~ul r~/~?~N~ •nen ~ n nN~~n~d ~n •rn~ promi~~u?y
,I~.J! ,lu. •u~l pa~~hlr f~.rtl~..;rh ..r ~hrr~~hrt ~1 Ih~ ..~~u~~n ~4i. ~~..i~~c~[~r (ull~ •n~l .~~~~~pl.l.l~ ~I ih. rR~f~
rJt. .~~~~1 ..I -~1.~ t.1.~1~~1-..~f\ 11~~1• Mr• .~f1~111.1~1\ •11~~11'~t~l, 111 {~r'~~~1.' .~11 .11~11 •t1~1~~111R tll •~1~~'~l~.Ili~....f\ Il~~lr ~1/ ~I~f1'Ifl f.1 1~1~' ~-h/1-
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1~~ Th~~ io urd~~ io •,~.I~nt• th~ rn~turu~ o( ~ht ~ndek+l~ilnea~ hrr~D~ ~~currd. b~~~w~ of Ih~ (~~lutt of tht MoH~s~o? to p~y an
t~a. ~~~~iurn~. Iu1.~Lt~, uL1~R~uon or ~n~un~bt~nrt upon •uJ prup~r~~. u h~r~~n pr~~.~d~d. ~t •h~ll nol l~t n~~e~ury or reQuwtt I~t
lht mort~t~K~~. ~hrll nr~t p~> ~hr um~
'Z. The ~lurtKaKer may, at hie ~~ption, and without N.~++~nR hie r~ght ~o acc~lerate the iadebtednew hereby
wrur~d and to forreluNr th~ same. }?ay either btf0[~ or aftr~ deliuyuenc~ any or all of d?o~e c~rtain obligatiod
rrquired b~ thr trruiM hecru(l~i l~r ~~ait1 thr ~fortga~or for the pr~trel~~ ..f ~hr n~ortgaKe ~ecurity os Iot tlle CoII~!-
t~on of ihc ~ndebt~•~InF,w hrrrb. ~~cur~d. :~11 rilm~ s0 ~~i~aqc~~ or paid by the 1lort6agee shall br char~ed iato the
murt6aKe ~ccount e~ut hrrum~ ~m ~nteKr~! ~?~r! ih~rtof, aubj~ct ~n all r~sp~cta to the terms, condition~, and eovenaoq
of 1he afo~~~yid rom~~~ur. ~~utr, and ~hi~ mort~[age, a« full~ and to ih~ •ame extcnt a• tl~ough a pan oi the orfginal
indebt~dnras ~~~~~FIlfP1i h~ ~aid n~~t~ a~~I lYCIIfP(~ FlY ~I?IF Ill~~fl~,'dP,~, e~c~ptinR how~vet, that said sums •hall he repaid
thr ~1or1RaR~e forthM~tl? uwun it~ ~i~mund and br in a~l~litiurt to the rFKular n~anthly inetalhnent~ provided by the
mo~tRa~~ notc.
3. That thr ab.tract or ~betract~ of title coveriuR the mortg~ged proprrt} ehall at all tima. durin~ the life at
thi~ mortR~gr, r~main in p~~swe~ion of thc ~lort~agee and in e~~nt uf tl~e toreclwure of this mortgaae or other tranJer
of titic ~o th~ mortR~Kr~I ~?ropert~ in e~etinRuiehment of the indcbtedne,~~ e~cured hereby. a!1 rig61, title aad interdt
of the Nort~a~or in an~i to an~• euch sbalracts of tit)e shal) pa~e to the p~!rchaser or grantee.
~1. To the eatrnt of the indebt~dness of the '.1~ottRagor to the \lortga~~e deecribed herein or secured hereb7.
the ~1or~~aR~c i~ herrhv eubro~eated to tl~e lien or litne aad to thc righu of tht o~.ners and holden thereai of tae6
aud ev~r. mortgage, lirn or other incumbraace on the land d~ecrib~d herein which i~ paid and ~or sati~fied, in whole
or in part, out of the proceede of th~ lo~n d~scribed herein or secur~d l~~reby~ and the respective liens oI ~aid mort•
Raae~. li~n~ or other incumbrancc~. ~hali be and the sam~ and each of them hereby i~ preeerved and ~hall pu~ to and
be h~ld h. the ~1ortRaR~e herein u ercurit~~ for the indebtedne,u to the ~i~rt~agee herein de~cribed or hettby ~etur~ed.
to th~ ~am~ rxt~nt that it w~~uld have t?Prn Qr~ecrved ~nd would ha~•e heen p~ssed to and been held bti the Mortaa~ee
had it heen duh• and reRt?1arl~~ a~eiRn~d, transferted, art over, and delivered unto the ~lortgagee by ~eparatt deed o[
asai~m~nt, notwithetandinF tfie fact that thr ~ame mac be eatiefied and canc~lled of r~cord, it bein6 the intention of the
parties hereio th~t thc ~am~ will be ~atiefi~d and cancelled of record b~ the holde» thereof at or about tht tlme of
the recordinR of thi~ mort~a~e.
i. In th~ event the o~•nrrsl~ip of the mort6aged prcmise~, or an~ patt thereof. becomes vt~ted in a pe~on ot}ies
th:n th.• ;iort~aRor, the blort~eskre mar, ~viti~out notict to the ~1ortRaRor, deal with ~uch euccta~or or suceewott in
intertet ~+ith referenc~ to thi~ a~d th~ debt her~b~• eecur~d, in the aame manner ae ~vith th~ Nlortgagor without
in am• wav ~itiatinR or diecharRin~ thc \toriRaRor'e liabilit~• her~under or upon ihe debt h~r~b~ secured. ?1io sale of
the prrmisee hereb~ mortRaF~d and no forbearance on th~ pert of the lior~~a6ee, and ao ~xtension of ihe time (or the
pa~•m~nt of ~h~ dr~t lier~b. ~e~-iired ~tiven bv ~he NortRager sh~ll operate to rclea~e. diecharR~, modify. chan6e or d[ett
the origin~l liabilit~• of thP ~1ortRaRon c~rein either in whole or in part.
b. The lieo of thi~ dee~l eecure~ and ehall cootinur to eccur~ pa. m~nt of ~aid indebtedneee or indebtednns.
ho~.~~er ~~•id~nc~d, wh~th~r hv said promiesor~• note or am• renewal or rxteneion thereof or eubstitute therefoc, or
otherwiR~, until all euch in~lr~tP/~qPPf !ha11 hA~•P tre~n fulk paid.
In ih~• r~~•nt thr pr~p~rh Pn~~umberPd bv th~, mort¢a~tr Fl~all become im•oived in am• condemnation pro-
~~rr~l~n~~, ~h~• I~~~I~I«~r ih~~ Il1~~f1R!JKP •hail br~~m~ ~ntitlNd to ~lefPnd ans• ~eech action, and the title holder shall be
iiahie fnr .~I1 ~~~•t: an~l .~ttnrnrs (Pee ~nrurrPd in ~onnP~tio~ ~.-ith ~uch d~f~nae, the name to be 6xed and set bv the
~un~lFmn.~h~~n ~un. an~l ihr holder of thi+ morl~aee ~hall hr rntilkd to re~eive an~ award made in Fuch condemnation
~~n~~.•t•~Gni~ (~~r thF prnprrt. tal:Pn, Pu~•h ~um when pai~~ t~ br appli~d tn a rcduction of the moriRaRe indebtednres.
3t ~I 1~~ li~~l~irr uf ~hi• m~~rl~aRe aRrrra tu ~?rompil~ furni~h upon the h'f1I~r11 !P(~UP~I O~ II1P moriRaRor, I~ia l~ein`
or a~•i~n•, ~~r ,~t~~~rnr~. ~~intPmPnt in r.ritinR of the prin~~i}~al balanoe ~lue upon thie mortRa~e, a~ of an~- ~pecifi~d date.
4 T1~~~ trrm~ "~loriKaKOr" anrl "11oTtKaRPe~~ whrnP~er u~~d in thi~ inFtrum~nt ~hall inelud~ th~ hein. pe~eonal
rr~?rP~rntati.r.. ,u~~~N•.~~r~ and aa.~Kn~ o( thr rPrpP~ti.e ~~artiP• IIPrP(O. A hPCP\Pi i1~P~.IhP ain~ular numb~r ehall includ~
thr plural an~) thr ~~lura! th~ i~n~ular, an~1 tt~r uaP uf .,n. ef•n~l~r ahal! in~ludr all Render~.
; l~?. Ti~i- i~ purehase money first m~rrtRaRe upon the abo~e de~cribed propert~.
; I~ a'iT'4ccc ~~~iFRF~fi, sh. .~~a ~tortaaeor h~reunder set~ ~e~r h~nd and ~eal •t ~j10DClK
~ ~i~fs Countv. Flori~la, the da~~ and ~~~ar firet abo~•e ~.rittPn. _ ~
St.Lucie
; ~i~[ned, ~ealed aod d~li.rr~d - 'A~ E~~s~~ (SuL)
~ in the Pre~ence of: J
t = / ` tAL~
~ ~ /1Gt. JOEL Ff. ~ -
~
l S~L)
~ CHESTER WYNNE
i a ~ t S~t. )
a ~
f
, STATE nF E~L(>RIU
c:~utiTY ~x~ . 4
~ St.Lucie
k H~for~ m~ p~raonall~ a~~p~~r~d HARVEY A. NEWMAN~ JOEL F. WYNNE arid CHESTER WYNNE
i
~ to m~ w~11 knna;n.~?d known to m~ to h. th~ iodivi~luale de~cribed in ~nd who e:ecnted the foreEoin6 iwtev~nent. end
:
i a~~k~mwlr~~l i~i.?r~ Ah~~hat th~~ execut~~l the ~ame for the purpwn therein e:preMed.
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