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be abandoned, except for the building upon the premises of a better building,
the principal amount and all interest accrued shall then become due an? pay-
able and suid note shall be deemed to be in default.
. IiI Thll if Iny 01 lAid....... 0' mOMY her-eln ~'enH to be not ~pd,. end "'lIy paid within thirty .II,.. nnl
.hrr Ihr .Dmr "'Hrllly ~tomel due and payable., or If earb aad every the .tipulllion.. "Areemenl.. eondilion. Ind tOHn.nll 01 ..id
_( pr,.."i..oq nol. and Ihi. dud. or eilher, are n?t lally p"rform.t, c~mplied wilh Ind Ih,ided by, or il Plym.nll are allowed 10 b~tome
..-i drlinqurnl upon ."y prior rn('uumbr.nre .<<"ttlna t~e proPf'rty hf'rt'ln ronrt'rnrd. It-.r laid .~.rt'<<.tf" ,un. IUrntlonrd In lIul prOlllIlIOl)'
"ulr ,h.1I Ioreo"" du. and payable lorthwilh or there.ller al the oplion 01 Ihe "OrlAIAu .. lully Ind tompl.l.ly a. il Ihr lIid aHrr.
~.lr .lIm 01 lIid promiuory nole wa. oriAinally 'Iipulaled 10 be plid on .uth diY, anYlhinA in ..id prom;..ory nol. or htrrin 10 Iht ton.
tr..r) nul.... ith'l.n(lin~.
.c, Ii I Tlul in or&r 10 a"elerale 1M maturilY 01 IN I.d.~ hereby te<:ared, beu...., 0' Ibe hilure 0' 1M Mort"",,, 10 pay ..y
101 .-...ntnl, Iiabilily, oblipliOIl or enrwabranre upon ..id property. II berein provided, it .lull Dol be ner.-..ry or requilite Lhal
, the' mort",." .hall 6nl pay tbe ..me. .
~": 2. The Mortgagoe- may, at hia option, and without waivinll hi. right to accelerate the indebtedneu hereby
~clJred and to foreeloee the ..me, pay either before or alter delinquency any or all of thoee certain obligationa
required by the terma hereof to be paid by the Mortga8or (or the pro!r.ction of the mortgage eecurity or for the colle<:.
tibn of the indebtedneu hereby teeured. All suma to ad\'anced or pud b)' the Mortgagee ehall be charged into the
m'ortgage account and become an integral part thereof, .ubject in all reapecta to the ternu, conditione., and covenanll
(tf the aforeaaid promiNOry note, and thia mortgage, II fully and io the ume extent .. though a part of Ihe original
indebtedneu evidenc~d b)' eAid note and aecured by this morlga~~, excepting howe\'er, that said mme shall be repaid
the Mortgagee forthwith upon ite demand and be in addition to the regular monthl)' inetallmenu prO\'ided by the
mortgage note.
3. That the abstract or .hetracll of title covering the morlgaged properl)' .hall at all time&, during the life of
thie mortgage, remain in poeeeeeion of the Mortgagee and in e\'ent of the foreclCMure of this mortgllge or other trawfer
of title to the mortgaged property in extinguiahment of the indebtedneM eecured hereby, all right, title and intereat
of the Mortgagor in and to any such abatracll of title shall paN to tlfeo.purchaeer or grantee.
4. To the extent of the indebtedne.a of the Mortgagor to the Mortgagee deacribed herein or teeured hereby,
the Mortgagee La hereb)' eubrogated to the lien or liens and to the righll of the ownen and holden thereoC of each
and e\'en' mortllage, lien or other incumbrance on the land d~~d herein which La paid and/c:.r eatielied, in whole
or in part. out of the proc~ds of the loan de.cribed herein or aecured hereby, and the reapective liem of ..id mort.
gagee., liene or other incumbrance6., .hal! be and the ..me and each of them htreby La prellerved and .hall paN to and
be held by the Mortgagee herein u security for Ihe indebtedneN to the Mortgagee herein described or hereby eecured.
to Ihe lame extent that it would hlWe been preaerved and would hav.. heen p..sed to llnd been held by the Mortgagee
had it been duly and regularly aeaigned., tran.ferred. eet over, and delivered unto the Mortgagee b)' Ilepante deed of
a~ignment, notwitlutanding the fact that the lame ma)' be aatufied and cancelled of record, it being the intention of the
partiea hereto that the ..me will be aatiafied and cancelled of record by the holden thereof at or about the time of
the recording of thia mortgage.
S, In the event the ownerahip of th" mortgaged premiaee., or an)' part thereof, becomea veated in a penon other
than the Mortgagor, the Mortgagt:e may, without notice to the Mortgagor, deal with IUch eUCceMor or sucreAllon in
inlerest with reference to this deed and the debt hereby eocured. in the same manner II with the Mortgagor witbout
in an~' way \'itiating or diechaqdnp: the Mortp:agor'e liability hereunder or upon the debt hereby secured. 1\'0 ule of
the premi~ hereby mortgaged and no forbearance on the part of the Mortgagee, and no exten.;on of the time for the
payment of Ihe debt hereby secured given by the Mortgagee Ihall operate to releue, discharge, modify, change or affect
the original liability of the Mortgagor herein either in whole or in part.
6, The lien of thie deed eecurea and shall continue to sccure pa~'ment of IBid indebledneSll or indeblednea&,
however evidenced., whether by uid promiNory note or any renewal or extenaion thereof or lubltitute therefor, or
otherwiee, until all luch indebtedneu shall have been fully paid.
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I" Ihe en'nl Ihe properly encumbered hy thi. OlJl'tgage .hall become invohecl in any condemnation pro.
"",'c1ing', tl... Iwlder oC t"i~ mortgage .hait become f'nti'!ed to df'fend an~' wch action, and the title holcler ehall 1)1"
liabl., for all c')~te ar.d att3rne~' feel incurred in cOll~.ection with euclt deCenee, the same to be fixed and ~f't by the
c'flndf'mnation jury. anel th.. holder of thi~ mort!(a!(e "hall be entitled to receive any award made in euch cond"mnation
procl'f'dinl" fflr the property laken, such .um when paid to be applied to a reduction of the mortgag,. in,I.,bll'dlll'.....
H, TIll' holder of this mortp;age agree!! to promptly furnieh upon the written requeet of the morll'agor. hi. h,.irs
~r a..i~m. or "lIorney. a Italemf'nt in writin!( of the principal bdance due upon this mort(l:a!(e, al of any 'pecifif'd date.
9. ThO' lerme ":'llort!(a!(or" and "~Iortga!(ee" whene\'er used in this inetrument ehall include th,. heire, pf',"onal
rf'p"'~en!r.ti\f'll. .ucceM<Hll and alllign. of the rf'ep.."ti\'e partie. hf'relo. \'('herever uled.the .in!(ular number ehal~ indudf'
the plural and the piural Ihe .in!(ular, and the me oC any !(ender ehall include all p;endere.
10. Thi~ i8 a
FIRST
mortfl:a!(e upon the aboH delcribed propf'rty.
Sh~<0yvyJ..
Cdc~"d ~......
~h ATE OF FLORIDA }
COmffY OF DADE 55
llf'f ore me penonalIv appeared
IN WITNESS WHEREOF, the eaia Mortgagor hereunder eeta its hand and leal at Miami,
Dade County. Florida, the da~' and ~ear fint aboye written, HOME MISSION COMMITTEE THE PRESBYTERY
" ; 1(~;~~n:;~6~~~~~~~;t~:~" a Fl~~1a
BY \) R'~ JJ~\c~';~~~,~Chai:r-rila./' (SEAL)
/- /'" .- ,
ATTEST:' /. F r: t r/-:
T. A; Cook, Secret!ar~ (SEAL)
(CORPOMTE:u s~l\J..L
Si!!:ned, lealed and delivered
in the preaence of:
(~MfX
to me w..1I known qnd known to me to be the individuale described in snd who executed lhe foregoing inltrument, and
;j,'knowleclfl:l'cl bdor~ me that the)' executed the e8me for the purpoee~ therein expreQed,
WITNESS my IHmd lInd official leal in the Count)' and State lest aforeuid thi.
day of
, A. D. }'.1
,1, I :ommi..ion Expire.:
Notary' Public, State of
1\0(,'" ~1'.,)1