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Home My WebLink About0246 . , - . - Our File'S=35,575. ~Aa ~ertq~s a a~sr u~~ufa of I~tls to ~Ae wort~aaN porerty u~ tuu~~~s1~t~1 ot ~AS ~Mslulwsss sscwed Ae~esY, all a~At. h~is ~u~ ~~~e~est ef N~~ Na~Ww ~s ~M t~ ~~y uiawa~ce plic~~a tAs~ (ares sA~ll Mai te IAe ~wcMassr a{rsn~se. (~1 To ~c~fir~, caply ~rul~ ~~N aYde ?y tatA aM ert~y tAe ~uwla~~ows. ~~esss~u. cow0~t~o~s a~d co~eaa~~a ~a s~~A ~ow~ssay •ets ~d i~ U~s decA se~ fatA. 1 T1~t it ~er of su~ swu~ o( wo~sr Asre~w refctrN 1e ~e so1 Kaytly ~M [rllr Nd .u~~~ GhseA Qars ~eu ~I~sr q~s ss~e ssverally ~scowes ~e aM NrNts.or ~f sacA sM e~sry t~s su~l~t~e~s. ~{reewe~~s. coad~~~aws ~M eo.t~a~~s ef sa~i /~ow~~• sar ~we an0 ~A~s A~sA. or e~iAe~, us sa f~llr Kr/aweA. cayl~ed ~~d sN ~~~deA ?y. ~Me ~siA ~~re~a~e s~ sea~owN u~ s~~1 pow~ssory ~o~e slull ~scewe ~re uW OsYalle (a~A~itA a Mere.n~r u~e e~ue• et ~ae M«~~~as~ .s ~~uy ~~e ce.o~e~~~r .s ~t ~~e s~~ akrep~e sw o1 sa~d Kon~sxar aae +~sa en~uallr su~1~tN to be oa~1 aw sYCA A~Y. s~rth~n~ u+ s~d Ko~~aso~Ir w~te or \ere~~ to ~As ceu~raY wot~r~~hstu~dus~. V) Tba~ aAa ~e accelaste ~Ae ~tway ot Me iwdsbtshsss MsrNy sscweA. eecaws or us t•~~we or u~e we.~sasa ~o ~.r asr a¦. asstsiweat, I~ab~litr. oel~{~t~os or e~cwM~ace r0o~ sa~0 Kaos~~r. u 1Kre~w ~reri~sA. sAall eo~ de wsces~cary or rep~~s:~e tAa~ ~Ac ~a~{s{ee sh~ll hrst My tMe sane. 2. Th~-!Nott~a~ee may, at his option. and without waivin~ his ri~ht to acceleraCe the indebtednes: fiereby secured and to [oreclose the same, pay eithe~ before ot after delinqc~ency any ot all of those certain obli~ations reqwred by the tenus hereof to be paid by the Mort~asot (ot the protection of the mcxt~a~e secucity ot for the col- lection of the indebtedness he~eby secuced. All sums so advanced ot pa~d by the 1Aortta~ee shsll be cha~~ed into the mortta~e account and become an intepal part theteof. subject in ali respects to the terms. cond~tions. and covenants ot tht afcxesaid promissoty not~. and this nwn~a~e. as fully and to the same extent as thou~h a part of the ori~inal indebtedness evidenced by said nots and secured by tbis mort~a~e. esceptin~ howevet. that said sums shsli be repaid the Mort~a~ee fotthwith upon its demand aed be in addition to tbe re~ulu nanthlr install- ments provided by the mott~a~e note. That the abstrset or absvacts of t+tle coverin~ the mort~a~ed pcoperty shall at all times. durins the li[e - of this mort~a~e, remain in possession ot tfie Mort~a~ee and in evcnt of the foreclosute of this mort~a~e ot other ttansfet of title to the mort~aRed ptoperty in extin~uishment of the indebtedness :ecared hsreby. all ri~ht. title and interest of t6e Murt~a~a in aad to aey such sbsuacts of title shall psss to the purehaser ot trantee. 4. To the extent o( the indebtedness ot the Monq~or to the Mort~a=ea described herein or secnred heteby. the Mott~ssee is hereby su~o~ated to the lien or liens and w the tifht: of the owners and holders thereof of euh and every mort=a~e, liea ot other incumbrance o~ the land described berein which is paid and!or sstisGed. in whole oi in part, out of the proceeds of the loan described herein ot secuced herebp, and the respective liees of said mort~a~es, liens ar other ~ncwnbrances, shall be and the same and eich ot them hereby is ptesetved and shall pass to and be held by the Mort~a~ee herein as security for the indebtedness to the Mortsa`ee berein described o~ hereby secured, to the same extent tbst it would have beea preserved and would have been passed to and been held by the Mort~a~ee had it been duly and n~ululy assi~ned. transferted. set aoer. sed delivered unto the Mort- ~a~ee by separate deed of assi~mment. notwithstandin~ the fact that the sae~e euq be satisfied md cancelted of record. it be~n~ the iotention of the psrties hereto that the same will be satisCed and caacelled of record by the hotders thereof at or about the time of the recordin~ of this naitsase. S. le the event the ownership of the nwrt~ased premises. ~t aey part thereof. becomes vested in a person other than the Mort~a~or. the 1~lott~a~ee may, without notice to the Mortsa~or. deal with such successor or suc- cessors in interest with ~eference to this deed and tfie debt he~eby secnred. in the same manner ss .uitb the Mort- ~a~or without in any way vit~atin~ or dischat~in~ the Mort~asot's liability heteu~et or upon the debt heteby secured. No sale of the premises hereby mon~a~ed and no (abearance on the part ot the Moresa~ee. and no ea- tension of the time tor the payment of the debt hereby secured ~iven by t6e Mon~a~ee shall operate to release. dischar~e. modify. chan~e or affect the ori~inal liability of the-Mort~asor herein either in whole ot in put. . 6. The lien of this deed secutes and shsll continue to secute payment of said indebtedness or indebted- ness. however evidenced. whether by said promissory note a any renewal or e~tension thereof or snbstitute thete- i [or. or otherwise. until all such indebtedness shall have been fully paid. 7. /n the event tht rnort~a~ors setl. convey or transftr the ,nort~ased pre~ises durint tlee /ije oJ this ~ort- I ga~e, thtn this nartpage sholl, at the option oJ tbe Mo?~gagee hertin. beco+~e inu~ediolely due and payobJe Jor tlit I Jull sun~ oj th~ pnncipal batonc~ m~d interest then dLe. . . 8. The terms "Mott=a~or" and "Mort~asee" when~ver used in this instrument shall include the heirs. E pasonal representative~, successors and assi:ns of the respective putiea hereto. Whetever used the sin~ular number shall include the plunl and the plural the sin=ular. ud the use of any ~endet shall include all senders. ~ Si~n d. sealed li ered in e presence of_ ~ (Seal) ~Seal) t-u.~~ ~ d ''s c =~c , - STATE OF FL.ORIDA ~ COUNTY OF~ j ss ST.LUCIE ~ Betore me personally appeared HARRY J~S SHAW, a married ~II~~r1~~L~SHAW, ~ to me well known and known to me to be tbe individuals described in and who e:ecute e ore~om~ ~nsuument, ~ and acknowled~ed betore me that they executed the same for the purposea thercsn e:pressed. N?ITNESS my hand and off~c~al seal ~n the County and State last aforesaid this 20th Day of August, 1976. ! ~ ~ .f_ ~ ' ,`,~t 111/!J~ s . Wr comm~ss~on E:p~res: June 30, 1979 Notaty Public. StatF`~f • r• - `,?::,'~~'"'~,~t?'~~ ~.},a;~, ~ ~ ~ :c~, ~ ' I , ,i ~ - i_ ~'O~ -fs . a = ; ~~.~x;- , • p , ~~Fr PAGE ~'3~ / ~ . ' ~ ~ ~`v:`J`f . ~ ..~ATE p` .•`'r~, L~~~,~,~~a?~~•r. . - ' ~w~•~~