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= ovr file #5-38,717
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tAu wa~{~i~ w e~Aa ines(a ot ~qls io N~s ~~a~N ~~~erty u ~au~yn~sA~es~ a ~Ac ~MNuletss ae:wel hc~esl, •U n~A~. ~ule '
a~/ ~~~~re~t of tAe Men~a ~s ~NI a a~r u?~rra~es Nl~c~t~ ~ht~ ~A face sA~ll Ms~ te iMe wtc~~ser a p~n~es. i
(A) Te ~srf~r~, cwylr ~ntA ~M ~`Nt ~1 e~tA aN sv~rr 1Mt ~1~wi~l~o~s. ~~rcewr~p. ceN~hows a~/ co~e+~a~~• ~w a~~I puw~saar
~o~s ~w0 iA~s Iee1 re~ IKU~.
1 TU~1 ~t ~~r o/ a~~~ swrR of wo~tr Aere~~ rsfsned to ~s ~ot poy~ly awl tu11Y N~ ~~~~~n f~liee~ Qsys ~ea~ a(~e~
Ms s~we seve~ally ~scaw~ IMt ~M Nr~?It.~ d t~c~ ~ tvsry tAe suwltuous. ~~esssa~s. coed~~~a~s ~M tovcaa~~s el s~~ /roru~- }
saY ~~e aM ~A~s deN. a euAer~ us ee~ /~Ih? eetfa~ta. cew~1~N +~~A ~u0 ai~fcd ~Y. [Ae .~~d ak~e~a~e s~ we~~,owe0 sa~A ~
~raw~uar ee~e sAall Yeca~t dw .ee oaYasi~ (ail?~~~A a ~Aercdiei t~e o~~o¦ or ~~e +~a~aas•~ r~uy ce.o~~~~~r a. ~r ,A~
s~~A a~re~~~t sw~ of s~id pos~?sory ~ets ~~t a~~~~slly suo~l~t~d to ?e oa~~ ee srel~ A~Y. ~~yU~~~ ~n s~~0 ~ow~ssaY ~~~e a Aere~e i
~o Me eeeaaY ~~w~~ASUMuy.
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V 1 Tba~ ~e alsr ~e ~ecster~~s iAs ayeur~iy of i4s ~~delu0ness berssy secYred. secswe d tbe (~~I~rs ot ~Ae Ma~~a~or ~e oay awr
asse~s~eat, I~~~~I~IY. o~l~~~uon or encw~b~~pce ~een a~~d ~eper~y. •s Aere~~ ~ov~AN. sAsll aot be ~e.esaarY a req~u~~e ~I+a~ ~As
wo~t~a{e~ sA~ll fus~ My the s~~e. • _
The !No[t~a~ea may, at his opt~on. and without waivin~ his ti~ht to acceiente the indebtedness Ae~eby ~
secured and to foreclose_ the same, pay eithet before ot attet dtlinQusncy any or a!! of those certain osiisat~on:
teqw~ed br the terms heteot ta bs paid by the Mo~t~sjw for the protection of the mcxe~a~e security or for the col-
lection ot the indebtedness hereby secured. -All sums so advanced ot paid by the Nort~s~ee shsll be chatjed into
the mort~a~e accouet anJ become an inte~ral put the~eof. subject in all ~espects to the terms, cond~tions, ~nd
covenants of the a~c+resaid prom~ssocy note. and this mort~a~e. as fully and to the same exteet as thou~h a part
of the o~~~msl indebtedness evidenced by ssid note and secured by this mort~a~e, e:eeptin~ however, that sa~d
sums shail be tepaid the Mort~:~ee forthwith upon its .demand snd be in addition to the re~ular monthly ins~sll-
ments p~ovided by the morl~sse note.
3. That~ the abstract or abstracts of title coverin~ the mc+rt~a=ed ptoperty shall st all times. du~in~ the life
of th~s mort~a~e, rem~in in pc~ssession of the Mott~a~ee and in event o( the foreclosure of this mort~a~e or olher
traesfet of title to the rtwtt~a~ed property in extin~uishment o[ the indebtedness :ecmd hereby. all ti~ht. title
and ~nterest of the Mutt~a~or in and to ~ny such abstracts o~ title shal! pass to the purchsser or ~rantee.
4. To tht e:tent of the indebtrdness o! the Morfsa=or ~to the Mottjajet described herein ot secured heteby,
the Mott~a~ee ~s hereby subrotated to the lien ot liens and to the ri~hts oi tt~e owners snd holders theteof ot esch
and every mort~a~e, lien, or othet incumbtance oe the land desctibed herein which is paid and!ot satisCed. in
whole ot in part, out of the proceeds of the loan desctibed herein a secuted heceby. aad the respective liens of
said mort~ajes, liens or other incumbrances, shall Se and the same and each of them hereby is preserved and sbsll
psss to and be hetd by the Mort~a~ee herein as security fot the indebtedness to ~he Mortsasee herein desctibed
or hereby secured, to the same extent tbat it would have been pteserved and wonld have been passed to and been
held by the Nort~asee hsd it beea du{y ~nd re~ululy assi~ned. uansfetted. set over. and delivered unto tbe Mon-
~atee by separate deed of assi~nment. not.vithstandin~ the tact thst the s~me may be satisf~ed and cancelled oi
record. it bein~ the intention of the puties heroto that t6e same wiil be satisfied and cancelted of record by the
holdecs thereof at or about the time of tht tecordin~ of this nwtt~sse.
S. ln the event the ownership ot tlu mort~ssed premises. a any put thaeof. becomes vested in a pcrson ~
other than the Mott=asor. the Mottjajee may, without notice to the Mort~a~or. des! w?ith such successor or suc-
cessors in interest with reference to tAis deed and the deb? tiereby secured. in the same mannec as with the ~1ort-
~aio~ without irs s~y way vitiatins ot dischat~in~ the Mott~s~or's liability hereundet or upon tAe debt hercby
secured. No sale of the premises hereby mort~a~ed and ~eo tabearance on ebe put of the More~a~ee. and no ex-
tension of the time for the payment of the debt hereby secured siven by the Mortsasee shall operate to release.
d~scharje, modify, chan~e or affect the ori~~na! liability of the Mort~a~or herein e~the~ ~n whole or in pa~t.
6. Tfie lien of this deed secures and shall cont~nue to secure payment of said indebtedness or indebted-
ness. however ev~denced, whether by said ptanissoty note a any rene~val or extension thercof or substitute there-
(or. ot otherwise, until slt sucb indebtedness sh~li have been fully paid.
7. In the tvtnt th~ ~nort`ojors sell, cswvty or t~mis/er ~l~t ~oi~sased pt~ises duriea the lijt oj this ~ort-
~a~e, then this ,sor~sose sball. at tht option oJ the Afort~q~ed~ie~?q~,'beco~e i~unediate/y due and payo6le jo~ [he
Jull sws oJ ~he pr~ncipal balonct ond intertst theq ~iue. f._
8. The temns "Monja~ot" and "Matra~ee" when~ver used in this insuument shatt inctuaeriliQ;~ieits,
personal repre:entativ~s; sutcessors and assi~ns of the respective puties hereto. Wherevet us~~`~t1~s~sni~11K":,,
number shalt include the plural and the plursl ehe sin~ular, and the use of any sender shall include,~it~ ets =
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FT. PIERCE CO~II~[JNICATIQb1~;R 5~t$~ ~
a_ •
C'~~ ' ,~',1 .'t.. • • %
S~=ned. sealed and delivered in the presence of: ~ .
~ as~res~dent genro . . ~
tiand
~ . , ~~ti, t,~
. ttest: • - 3~„~~~~~
, -•,,~~~1~
l • Rev~n L. ,Berg oth, Individu8'I1`p and
STATE OF F ORtDA 1 ss as Secret8ry
coutvTY ~t: Zlfcid ~
Before me personally appeared ~
~o me well known and known to me to be the individuats described in and who executed the fore~o~n~ ~nstrument.-
and acknowled~ed before me that they e:ecuted the tame fot purposes there~n expressed. WITNESS my hand
and off~cial seal in ~he Co+mty and Sutt last aforesaid this ,
~ly Canmission Expires: Notuy Public. ate of ~ ~
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