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~~~s ~a~{qe a oMer uasala of htle ~u ~l~e ~ana~~e~ ~re'er~y s~u~~uuMe~~ o~ ~As ~ndtA~sdeela st.w~d ~sresl. aU e~~~~, uUe
~ad ~e~atat ef t~t Ma~~yw u~iN 1~ ~~y ~waw~nc~ plu~ts Ms~ ~A (acs ~~all ea~~ io ~Ae ~wcAise~ a ~~~eiee.
(A1 To ~s~faw, cu~oiy •~1U ~~~{s ~y tscA a~A ers?Y ~t suwlauo~a. ~jfftl~tllt~. cowd~~~o~a aM coren~e~s ~a s~~d pruw~saay
ao~e ~ad u u~s deN •s~ Ia~A.
f~ 1 TA~1 d~ny of a~~~ ~~a o( wowey Asre~~ rslerted tu ?s eot ~tpsitlY aeA fu11Y H~ .~tA~e f~f~eee l~ys ss~t a11s~
Ms s.~.e seve.ally sscowe• ew •~d ~.r.sle.a ~f s~cA ~~I tvtiy tht si~PrlN~a?~. ~~~eswse~s. <a~d~~~oes aM coven~ms of s~~ Koa~~.
~ar aote ~e0 tA~a deeA. w euAe~, ait Aa r~ur re.r~.Ke. co~Dhsd ~~W auA al~dN sy, 1~e ,.,a ~u«ia~~ s~r. ~~~~a~~e ~n
~ra~~s~ar ~o~e shall seca~e dre ~~d oay~0le fa~A~~tA a ~Aere~ttsr a~ ~he oouoe of tAt Ma~~a~es •s fully ~M co~oletely ~s ~f ~Ac i
a~~~ ~~pe{alt sw~ ol s~~d oeoui~asaY ~o~e ~~s a~~u~~ily suoul~led [o ?e oa~A on sYCA d~Y. aaytA~n~ ~n sael ~ro~is~otY sett a Atrtin '
to ~As cewiruy ~e~.?~AS1aMm~.
V) TAa~ ~n a~er ~e aeesisr~te ~Ae aywr~~y of tlie ~udeb~t0ee~s AereAy secrtN. bec~~ae ol ~Ae (~~lure ol tAt Ma~~~~a ~o o~y ~ny ;
asssas~en~, I~aS~lily, orl~~~uoe a encw~M~ece upon sa~0 O~e~erq. ~s Aae~e ~eeriOsA. sAall no~ be ~e.es•uy a rspwsue ~Aa~ t~e `
wat~s{ee sAsH h~st ay tAt s~~e. ~
The Mort~a~ee may. at his opt~on. and without wai~in~ his njht to accelerate the ~ndebtednes: hereby '
serured and to foreclose the sime, pay eithet betore or afte~ delinquency any or sll of those certain obli~ations ~
required by the terms hereof to be paid by the ~lort~a~or fot the protection of the mc~~t~a~e secutity ot fot the col-
lection ot the ~ndebtedness hereby secured. Al) sums so sdvanced ot pa~d by the Mort~a~te shall be chat~ed into '
the mo~t~a~c accoont and become an ~nte~ral part thereof. subject ~n alt tespects to the terms, cond~t~ons, snd
cavenants of the afcxesaid prom~ssocy nnte, and this mort~a~e. as fully and to the same estent as thoush s part ~
of the o~i~mal mdebtednsss ev~denced by ssid note snd secured by this rtartsase, eaceptins however, that sa~d ~
sums shsll be tepaid the Mort~atee fo~thwith upon ~ts demand and be in addition to the ~e~ular monthly ~nstall-
meets provided by the mott~a~e note. , t
3. That the abstraet or abst~acts o[ t~tle coverin~ the mnrtfa~ed property shall at all times, dutin~ the t~[e ~
of this mot~`a~e, remain in possess~on of the ~1lottia~ee and in event of the foreclosure of this mort~a~e o~ ~ther
trans(er of e~tle to the mort~a~ed property in extin~ui:hment of the indebted~ess secuted heteby. all tisht. t~~le ~
and ~ntereat of the M~m~asa in and to any such ab:tracts of title ahall pass to the purchaser or ~~antee. ~
4. To the extent of the ~ndebtedne:s of the Mott~a~or to the Mott~a~ee descnbed herein or secured he~eby, ~
the !Nott~a~ee is hereby subro~ated to the lien ot liens-and to the nshts ot the owners and holde~s thereof of each
and every mort~a~e, I~ee or othet incumbrance oa the land descnbed i~erein vrAich is paid and!or satisfied. in
whole or in part, out of the praceeds of the loan described herein ot secwed heteby. and the respective liens ot
ssid mo~t~s~ts. liens or othe~ iacum~rances, shsll be snd ~he same and each of then+ hereby is prcs~rved and shall ?
piss to and be held by the Mort~a~ee herein as security for the indebtedness to the Mort~a~ee herein described
or hereby secured, to the same extent tA~t it would have been presewed aed woold have been passed to and been E
Aeld by the ~1c~rt~a~ee hsd ~t been duly and tesularly sss~~ned, uans(eRed. set over. and delivered unto the Mort• ~
~a~ee by separate deed of assi~nment, notwithsandin~ the fact that the ssme m:y be ~atisf~rd and canrelled of
recad. it bein~ the ~ntent~on of the put~es heteto that the same will be tatished and canceiled of recotd by the ~
holders thereof st or sbout the t~me of the recordins of thi: mort~a~e.
S. In the event the ownership of the mort~a~ed premises~ or any part thereof. becomes vested in a person
other than the !Nort~a~or, the ~lort~s~ee may, without notice to the Moct~a~or. deal with such successor or suc-
cessors in interest with reference to this deed and the debt hereby secured. in the same manner as with the Mort- ~
~a~or w~thout in any wsy v~t~atin~ or Qistha~~in~ the Mott~a~or's liability hereunder or upon the debt hereby ;
secured. No :sle uf the premises hereby morts~sed and no forbeuance on the part of the Mott~a~ee, and no ex- ~
tension of the time for the payment of ~he debt hereby secured ~iven by the Mott~s~te shall operate to release, j
dischar~e, modify, chan~e or afkct the on~mal liab~lity oi the Mort~a~or here~n either ~n whole or in part. 3
6. The I~en uf this deed secures and shsll cont~nue to secute payment of said indebtedness or indebted- ~
ness, howevcr ev~denced, whether by s~id promissoty note or any renewsl or extension thereof or substitute there• ~
lor. or otherw~se. u~u! al! such'~i~debtedness shsll have been fully paid.
7. /n rhe ev~n~ the ~nort~ajo.s sell, convey o. aansjer the ~norrsased pren~~ses du.ina the lije oJ tkis ~ort- `
~o~e, then this mort~att sha11, at the option oJ the Aiort`a~ee here~n, beco~ne ~~~diately dur nnd payoble Jor ~he
julf sun~ oJ tht pr~ncipal bafanct and ~ntenst rhen due.
E. The terms "Mort~~~ot" and "Mort~a~te" whtnever used in thi~ instrument shal! ~nclude the heirs,
personal cepresentativ~s, successors and sss~Ens o( the respective puties hereto. Wherever us~d the s~n~uiar ~
number shal include the plural and t ural the s~n~ular, and the use ot any ~ender shall include all `enders. _
- ;
S~~ned, s a d and iv ~n the esence o• ~ ~ (Seal) ~
i
~ ~SeaU
STATE OF FLORIDA ~
COUNTY OF ~C ~ ss
ST.LUCIE -
Belore me personalty appeared EDDIE D. CULLINS snd THEIIKA CtII,LINS ~ his wife, '
to me welt known and known to me to be the individuals described in and who executed tht fora~oin= ~nstrument.
artd acknowled~ed before me thst they executed the same for the purposes therein expressed. WITNESS my hand
snd offic~~l seal ~n the County and State I~st aforesa~d this 27th Day Of M8~1~ 19 .
.
, ~=1,,~ • .
June 30 1979 ~ " '
~ly Canm~ssion Expires: ~ Notary Pnbl~c, ate of
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f ~EO ~NO RECOaoeo 358295 ~ , . . ~ _
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S?. R°O,Ea
Pp,~l~t~5 ( _ : - - : ~ :
~;R~~IT COURt ~ _ , • _ : a~ - .
' CttRK~~:f1f0 t :~C`~.'t.
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nl Ah'1~ BGOK 269 ~ACE 6~.4 j~'" -
Jur+ 6 .