HomeMy WebLinkAbout1601 6. In the event the owaership ot the mortgaged premises~ or any part thereof, becomes vested in a
pe~son olher than the Afortgagor, the Mo~tgagee may, without notice to tAe Mortgagor, dewl with such successor or
successore in ia4erest with retereaoe lo this deed and the debt he~eby secured, in the same manner as wilh the
moKgegor and without ia any way vitiatiag o~ discAargi~g We Morigagor's liability horeunder or upon the debt here-
by secured. No sale ot the premises l~ereby mortgaged and no torbearance on the part of the Mortgagee, and no Qx-
tensioa ot t6e time f~r 1,he p~yment o( the debt hereby secured given by lhe Mortgagee shall operate lo relense~
discharge, mality, change or a[tect the origiaai liability of the Afortgago~ herein oilhe~ in whole or in pan.
T. T6e lien of this deed secures and shall con[iaue ta secures payment of said indebtedness or in- ~
debtednesses, however evidenced, whether,bY said pwmissory note o~ any renewal or exte?~s~on thereof or substi-
tute t6erofor, o~ otherwise, uatil all such indebtedness shall have been fully paid,
8. If foreclosure proceedings of any secand mortgaEte or any junior lien ot any kind should be in-
sLituted, the ~iortgagee, its successors or assigns. mAy at its option, immediately or thereafte~ declare this mort-
gage aad the indebtedness secured hereby due and payable.
9. The lliortgagor may either lease orencumber(through junior lien) tbe mongaged property yithout
the prior written consent ot tlse Mortgagee. In the event the 1?fortgsgor otherMise conveys, selis o~ transfers lhe [ee
simple title to the a~orlgaged property witRout the priot written consent of the Nortgagee, the >fortgagee shall have
the option and privilege ot declaring the entire indebtedness evidenoed by the note secured by this mortgage to be
due and puyable in full.
10. Tl~nt ia the eveat t6e premises hereby mortgaged, or aay part thereof, sF~all be condemned and
taken tor public use uader the power of eminent domaio, the Mottgagee, its successors and assigns, shall have the
right to demend thet al l damages a~varded tor the taking ot or dnmages to said premises shall be paid to the Mortgagee,
its successors or assigns, up to the amount then unpaid on this mortgage and may be applied up~n the payment or
payments last payabla hereon.
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IN NITNESS 11~HEREOF, the \tortgegor on the day and year first above Hritten has executed t6is
mortgage under seal and, iI lhe \tortgagor is a corporation, has caused this mortgage to be Executed in its corpor-
ate name through its duly autfwrized and undersigned of[icers Hs the act and deed oi the corporation. ;
Signed Sealed aad Delivered in the e
pres ce of: - '
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~ AL CE S. BATZ, a w' w ~
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I INDIVIDUAL ACKNOwLEDGMENT
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I STATE OF FLORIDA
COUNTY OF ST. LUCIE
Be[ore me~ t6e undersigned authority, personally appeared
ALICE S. BATZ, a widow
personaliy rnown io me to be the person described ia and w6o executed tbe toregoing mortgaga, and several-
ly scknowledged before me thst__~he ~xecuted the same for t6e uses end purposes in said instrumeat
set [orth.
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IN WITNESS HHEREOF, I have hereunto set my hand`aR,ci~~tti'x~~r~o~isl seel this
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dsy o( February 19 73 . '~~4~+ J,
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My Commisaion Expires: ~g~ ~~~r L
NOTARY PC#;?U~,, ~t-t° nf r~_.. at LarRC , „ L~~~~L;:
ky C~r,::- : - : : 191h 0 R Q : 'fi ~ -
8oadeC by AU70 JFY~YERS ~1riUkA\Gi ,gU~X 2 1 1 P~L•E 1,~ V ~i~~~'•~.
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