HomeMy WebLinkAbout0624 5-41,316-1
IAu ~a1{~~t m o~~a u~~~(e~ ol ~ul~ ~n ~A~ ~a~~~~e~ ~e~sr~y ~w eauw~u~sMise~ o~ ~As ~~aee~ea~es~ +~s.w~a ~aee,. •11 n~A~, ~~Ua
•~d ~w~~re~~ ot U~ A1en~a~w ~M t~ ~~Y ~nsw~~cs plic~tt ~Ate +s lerss sAsll Mai to iAe pwcA~se~ a~,~an~ee. .
(A) To ~erfa~, cu+ply ~ntA ~?Ns iy sacA ~+N eve~y U~ suwlal~oss. ~Nse~sea. cab~uons s~ coven~e~s ~e s.~e o~w.~aaar
no~e ~ud Uu. deel ss~ fp~A.
1 Tba~ ~f ~ny of s~~~ sw~a o1 woesy Asre~s r~terted to se not ~ow~ilY ~~0 fully~ P~i1 .uAie f~f~een Q~YS ~sa~ a(te~ - i
iAs s~~e se~e~ally secowss dre ~ud o~Y~sle.a il taeA aM tvery tAs sup~l~uoa~. ~~~eeweeis. cond~~~aws ~nd co~en~nls o/ aa+A paK~l•
say nete ~eA ~A~s deeA. a e~~Aer, srs not ?yNY P~?~a~0. coaiol~tA aM s?~de! by. ~~e »~A sure~~u san ~eeuoned ~e said
pow~s~ar note sA~ll ~ecw~e dre ~ed O~YSsIe faM~uA a iAerea~ter ~1 tAe oP~~on ot iAe ~Aa~~~~ee ~s (ully and cosoleulY as ~f ~AC '
s~~~ •~pe{ste sw~ of s~~d ~os~~~?ar aot~ •~s a~{~naily a~~o~l~ted to Ss oa~0 m sueA diY. +py~~n~ ~n s~~0 pow~ssaY ~o?e a Asre~e ~
lo tAt cont~a~y ~otw~lhaNn/ny.
V? Tha~ ~a ader to acttle~ate ~he ~nawn~y of tAe maebtsdness Ae~esy ~ecweA, Qec~~ie ol tl?e t~~l~re of ~Ae Ma~~s~a ~a o~y any
asxe~saen~, h~s~l~ty, od1~~~UOn a encuwlr~eee H~A p~e0e~ty, ~s hsre~n ~ovi0ea, sAall not be ee.es~ary « na~~a~ee ehie Me
inorl~s{ea xh~il fua~ osy the s~~a ~
2. The !Nott~a~ee may. at h~s option. aed without wa~vin~ his risht to acceler~te the indebtedness hereby
seru~ed and to foreclose the same, psy either be[ore ot aftet delinquency aey or all of those certain obli~ations
requued by the ~erms hereof to be paid by the Mort~a~or for the protectiot~ of the mcxt~a~e security o~ for the col-
lectioo of the indebtedness he~eby secu[ed. All sums so advanced or paid by the ytort~a~ee shaii be charted into
the mort~a=e account anJ become an inte~tal part thereot. subject in •11 ~tspects to the terms, cond~tions, and
covenants of the a(cxesaid promissory note, and this mott~a~e. as fully and to the same extent as thou~h a part
o( the ori~mal indebtedness ev~denced by said note ~nd secured by this mort~a~e, exceptin~ however, that sa~d
sums shal! be repaid the Mottjasee fotthwith upon its dem~nd and be in addition to the re~ulat moethly ~nstall-
ments pravided by the mat~a~e note. .
3. That the abstract or absuacts o( title coverin~ the n+~rt~a~ed piopetty shalt at ali times, durin~ the life
of th~~ mc?rtea~e, temain in pc?ssess~on o( the Mott~a~ee and in event of the foreclosute oi this mott~sje or othet
iransfer af utle to the mort~a~ed property in ~ztia~uishment of ihe indeb~edness secated hereby. all ri~ht, t~~le
and ~nterest of the M~xt~s~or in ~nd to sny such abstr~cts of titlc shall pa:s to the purchaser or ~rantee.
4. To ~he extent of the indebtedneas of the Mott~a~ot to the Mort~a~ee described herei~ or secured heteby.
the Mext~a~ee is hereby suMoiated to the lien or liens and to the tiihts of the owners snd holders the~eof ot esch
and every mort~a~e, lien ot othar incumbtance on th~ land desctibed hecein which paid and!or satisfied. in
whole or ~in part, out of the proceeds of the toan desctibed herein ot secuted hereby, and the respective liens of
ssid mort~a~es, liens or other inceunbrances, shall be and the same and each ot them hereby is proserved and shall
pacs to and be held by the Mortjasee herein as security for the indebtedness to the Mortta~ee herein described ~
or hereby secured, to the same sxttnt that it would have been preserved and r?ould have been paased to and.been ~
held by the ,1ort~a~ee had it beee duly and ~e~ularly~assi~ned. trans[etted. set over. and deiivered unto the Mort-
~a~ee by sepatate Qted of assisnment. notwithstandin~ the fsct that the same may 6e satisfird and cancelled of
record, it be~n~ the ~ntent~on of the patties hereto that tht. same will be satisfied and cancelled o( tecord .by the
hotders thereof at or sbout the ume of the recordin~ of this nart~sse. ~
S. In the event the ownership of the mort~a~ed premises. a aoy part thereof. becomes veated ih a person .
other than the Mortfa~or. the 1Aort~a~ee.may, witAout notice to the Mort~a~or~ deal with such successor or suc-
cessors in intetest with reference to this deed and the debt heteby secured. in the ssme manner as with the ~tort-
~a~or without in any way vit~stin~ or dischar~in~ the Mort~a~ot's liasility hereunder or upon the debt hereby
secured. No sale of the premisea hereby motesa~ed and no fotbeuance on the part of the !Nort~a`ee, and no ex- -
tension of the time tot .the payment of the debt hereby secured ~iven by the Mort~a~ee shall operate to ~eleas~.
d~scharje. mod~(y. chan~e or affect the ori~inal lisb~lity o.f the Mor~~a~or herein e~ther ~n whole or in pa~t.
' 6. The lien of this deed secores and shall continue to secure payment of said indebtedness or indebted-
ness,. however ev~denced, whethe~ by said ptomissory note or any renewa! or eatension thereof or subsutute there-
for, or otherwise, un~il ail such irdabtedness shall have been fully paid.
7. !n`the event tht rAOrt~otors sell. tonvty or traasJt? Ihe niort~a~ed prtniises during the lijt oJ this raore-
paAe. rhen ~his nw~trate shall. at tht option oJ the Moitgatet h~rein. becon~e inunediotely due and payubl~ jor the
Jull sun~ oj the prmcipal balance and interest thrn due.
8: The terms "Mort~a~or ' and "Mott~a~ee" wheeover used in thix instrument shall jnclud~ the heirs,
pasonal tepresentativ~a. su¢cessots and assi~ns of the resptctive puties hereto. Wherever used the s~n~ular
number shall ir~clude the plursl and the plutal the sin~ular, ~~d the use of any ~ender shall include all ~enders_
~~ned. se ed~ delivered.~~n the presence of_ ~~<~~-~>~-t L'--G~ ~J/.l~'fiL~~ (Seal)
,
~Seall
~
STATE OF FLORIDA ~
COUNTY-OF~ Ss .
~ St. Luc e FR~?NCES MORRIS, an unmarried woman, also
Be(ore me personally appeared j~o~ g8 FRANCIS P'~RRIS
to me well known and known to me to be the individusls described in snd who e~ecuted the fore~oins ~nstrument,
aod acicnowlod~ed before mt that they executed the same for the purposes therein exprosaed. WITNESS my hand
and off~c~at seal ~n the County :nd State last sfaesaid this Sth day Of MHy~ 1.978
<< ,
. ,t .
. ,
~y co~,~„~::~o~, Exp~res: June 30 , 1979 Notarr Publt~.~5tatr~f
± ~ . ~ i'~ r, : C =
a , .Q
_ .:~o -
~T.,~.c•~4.`:.
~~r; ~,ti~~~~`~
~00~?287 P,~~ ~6Z'~
~ v~ . - - - - - , ~ ~ ~ ~ ,
- ~=~::~k:~ R ~
~ -~b~~-~ _