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HomeMy WebLinkAbout0816 ~ ~ our fil~ 45-~7,T93 ~ t~~~ Mn~~ a~t~a ~nsala .t ~nl. ~o ~M .wy.as~ KN.rq u~ .uu~w.~.•.~ M~~s ~MN~N~es~ ,e.wN ~e~ss~. •11 n{A~. ~~q• ~M ~w1N~~1 Mf NMt~~lf M W q~iy 11yrl~~tf /~IKff1 Ill~w ~w /M~~ iw~l) pf~ q 1~! ~YftA~~t/ M~~~Itt. (A) To ~(~r~. caylr ~r~1A aw~ ~hlt ?y ~~sA sM tvar 11N p~~bU~ws. Nue~esu. cM/~u~wi aM eovs~~~~a ~~~1 ~uw~~~ay N1f M~ ~A t~~i ~tf~ sf1 /MIA. ' l~ 1 TD~~ if ~y et ~wu~ ~f wo~ey Aere~~ ~e/eKe~ a?e ~a ~~y~ly ay f~tly M~ ~~~A~~ (d~ee~ day~ ~e~~ alu~ ~Mt ~a~ ~erer~lly wc«NS we aM MlrNlt..r ~t •.e~ w..sry ae s~~w~.uM~. a~retwee~a, cadu~o~a ~M covts~~~s ~f s~~ ~ew~~• •ay sae aM Uua Ies1. a e~tAer, ~rs ae~ t~lly ~e~f~r~N. cayl~e~ ~~d~ ~N ~~~N ~y. ~Ae s~~d s{~re~~~e s~ wesuwul ~a~1 Ke*~s~ar ~ste sAali keewe ~w ~~M Ny~?IS fKt?.~U~ a tA~rs~fter N W e~~~e~ ef tAt lNw1~a{et at fully aM toMletely ~s ~t ~Ae •~~1 a{~st~~t s~ ef ~~~r ~ew~~sar ~a~ ~~s ~n~~~ItY ~uw1~tN t~ ?e pN M src~ I~y. a~r1A~s;~ u~ s~~! /rew~ss«y ~e~e or Aers~~ ~e ~As eer~ua~r ~eeWUbuMuy. 1 TA~~ ~s eNa ~e seeNe~Ne i~e M~w~~r ot tAe ~~/e?tsdeest M~e?y see~rN. bsc~we M the f~~lwe ef eUe w«ia~~« ~a ~ay ~.r asrsaswe~~. I~N~I~~y. a?ly~t~ow ee eecwiM~~es ~oow s~~ Ke~eriy. as here~~ Ke~~1N. sh~li ee1 Ye ~t.esaary a rew~s~~e ~h~~ die ~oe~p~ee sAalt /~~a~ py U?t sawt. 2. The tilott~a~ee may. at h~: opuon. and without wsivinj his ri=ht to accelerue the indebtednes: hereby secured and to foreclose the same, pay eithet befote ot a~tet delinquency any or all of those cetu~n obli~auons ~eqwred by the terms hereof to be p~id by the Mott~a~or tot the protection of the n~xt~a~e securi~y or for t6e col- leetion of the indebtedne~s hereby tecuced. All swns :o ~dvanced or paid by ~he 1Ao~t~a~ee shali be ch~r~ed ineo tho mart~a~e account anJ become an inte~rai put theteof. subject in •11 respeccs to the terms, cond~tions, :nd covensnts of tht a[cxessid pranit:ory note. and this mon~a~e. as tully aed to the same eztent. as thou~h s part ot the ori~~nal indebtedeess ev~dented by said note a~d secured Sy thit nart~a~e, exccptin~ however. thst sa~d sums shall be repaid the Mort~s~ee fotthwith upon its demand snd be in ~ddition to the ~e~ulu monthly ~nstall- ments provided by the mat~s~e nwe. ' 3. That the sbst?act or sbsuacts of title coverin~ ehe mc?tt~a~ed ptope~ty sAail at alt times. durie~ the life of this mart~a~e, remain in possess~oe of the Mott~~tee and '+e ercnt ot the foreclosu~e ot this mo~t~a~e or ~ther tr:nsftt ~ tstle to the ~lss~ed prapeny in exlin~uishnxnt o! the indeMedness :ec~ hereby, sll ri~ht. t~tle snd ~nterest of the Murt~asa in aed to any such ab:asct= of title shall pass to the p~uchase~ or ~r~ntee. 1. To the extent of the i~debtedness of the Mott~asot to ihe`Mott~yee dese~ibed herein or secured heteby, tho Mon~s~ee is hereby subro~sted to tae lien or {iens sed to the ri~hts of Uie owners and holders thereo( of esch ~ snd every mort~a~e. lien or other incnmbtsnce on tht lud de:cribed herein which it paid and!or sstisred. in whole or in pa~t, out ot the proceeds ot the loan dcscribed henin or seeurad hareby. snd the rospecci~e liens of ssid raort~ases, liens or other incwnbrsnces.:hall be and the same snd eacb ot them heceby is prc=erved and sh~ll pa~s to and t+e held by th~ Mott~s~ee herein as security for the indebtedness to the Mort~a~ee herein described or hereby secwcd. to the same extent tbat it would have been ptesetved and wonld hsve been psssed to and been held by the titort~t~ee h~d it bean duly and te~ululy assi~ned. ttansfetted. sat over. and delivered unto the Mon- ~a~ee by separate deed of sssi~nment. notwithstandins tha tact that the •ame may be satistied and cancelied o! rccord. it beie~ the ~ntent~on of the patties hereto thit the sanu will be :atistied and cancelled of record by the holdets therebf st or abotlit the time o~ the tecordins of this nwcya~e. S. In the event the owrnersbip of the nwn~sted ~e~nises. a anr put thereof. becanes vested in a person othe~ than the Mortia~ot. the llAort~s~ee may. witiwut notice to the Mort~a~a. deal with such successor or :uc- cessors in intetest with refetence to this deed and the debt hereby secured. in the s~mc manner as with the ~brt- ~asor .rithout in any way vit~atin~ or dischar~in~ the Mortiajot's .ti~bility hereunder or upon the debt hereby secured. No ssts of the ptemises heteby nart~a~ed snd no forbearance on the put of the Mort~a~ee. snd no ex- tension of the time for the payment of the debt hereby secured siven by the !Mort~a~ee shall operate to release. d~scha~~e. mod~fy. chan~e ot aftect the ai~insl liability of the Mott~s~ot hetein either ~n whole or in pstt. 6. The lien of this deed secures and shait continue to secure payment of said indebtedeess or indebte0- ness. hoWever ev~denced. wAethe~ by said promissay note or any renewa! a estension thereo[ or sub:titute there- for. w otherw~se. until all such indebtednoss ~hdl have been fully paid. 7. In 1ht tv~n~ tht +~ortsasors sell, tonvty or t~ansjtr tht ~ortsased pren~ises durinj tht liJt oJ rhis ~o~t- sa~e, then ~his ,swt~ase sl~all. ot the op~ion oj Ihe Alort~aset hertin. beco~e ~nu~ediattly dut nnQ payablt jor tht jull sws oJ tbe pincipal bo/anct ad intenst r~ien dut. a. The tenns "Mon~a~oP' and "Mort~a~ee" whenaver used in this insttum~nt sbsll include the heirs. psrsoeal represenliiiv~s. snccessots and assijnt o( ihe resnective puties hereto. Wherever used the sin~ulac number shsll inctude the plural aed the plural the s~n~ulu, and the use ot sny ~ender shalS include sll ~enders. ~ ~ S~~n . sealed and eli red ~n the presence oi: (Seal) . , ~ ~Seall STATE OF FLORIDA ~ COUNTY O~ ( ss ST. LUCIE ~ Before me per:onally appeated CECIL EVEREITE MULLINS ead JUANITA MULLINS ~ his wife, to me ~el! known snd kno~vn to me to be tbe iadiriduals deaeribed in and who eaecuttd the fae~o~n~ ~esuuenent, and scknowled~ed betore me that they e:ecuted the same fo~ the purposes there~e eapressed. WITNESS my Aand snd offic~al seal ~n the Cou~ty and Sute last afaesaid this 17th Day Of JU @~ 197~ Wy Canm~ssion Expiros: June 30 1979 ~j~~~~~~~" ~ Nota~y lic. Su~~~~ ~ i~ ~t ~~ii HLE~ AM9 RECOROEO ~ ; 5~,~11CIE COUNtr fU• ~t~~•~~ . ROOER POITIIAS ~ , _ ^ - Glf R1~ CIR~UIt COURT ~ ~ : ; ~ ~ : r•rt.fr=.1 vFR'iiEO.rl~"' _ " ~ ~ r r.~. ~~`~C f~ t.fr. ,luk 28 3 i9 PN : ~ ~ 815