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~ M~rtqpr. L evaat d(Meel~adn ut t6u mortpse ur nther tr~wder ~t tide t~ ti~e m~rtpKed phpert~ in extiapi~6ment o( t6r iadebt•
sdt~ ~etared iisrabr, r!! wi~ht, t~de ud iatera~t d' tbe Nort~~r iir a~d to ae~ iworanee p~lieia tbew i~ fsrce shaU ~ to tbe
~ ~nrchw~ K ~a~Me.
T~ P~~. ~+~P~7 ~ritL ud aLide e~cb ~ad even tbe ~tipaletiw. ~aeea~erh. ewditioa~ wd covenrnb is wid proe~uesh
nNe aed ir t~h iesd ~et I+MI~.
( i) T~t J aq st ri~ arw ~f m«~e~ beretn re(errer ts be e~t ~+a~ptl asd trll~ pi~ ~vitLi~ riitcen d~r Nut
rtter t6e Mse ~sve~U~ bee~mas d~e ~d wrible, K if a~e~ aad evicey ~ stipul~ti«u, rpreemeata, caaditiw aad c~vcwuts s( ~aid
pcoeiwK7 ~s a~ tL~ desd, ~r eith~r~ are e~t fdl perfKmed. eMy~ied rritL and ~idsd b~~ tbe ~aid aLi~i~te ~um mentiooed ia
Mid pe+mi~rrey ..ee .~.u be~~.~.rc d~ ~d paraWe ~irtl~wi~L K t6ereafter rt tlre apiaa d t6e Moctsapx a~ (n11r aad cNaplctcly ~
if ~e wtd ~pe pa wm ~t ~aid proa~eiMerr wte was sripsdl~ ~tipulated t~ be o~d e~ weh day, aar6i~` ia wid prra~L~~ryr Mte
k or Inrein b tre ewtrar~ ret~vil6Nrndia~.
l j) T6rt iu order 1~ +~ecelente tl~e suitaritr ~f the iedebte~ 6neebr ~ecwed, becs~ue o( the tailure of tre Mortsa`~r t~ p+r ~a7
t~z, wcwnawy Wbi4tr, ~lipti~r ir esew~nbnnre upor ~aid rropertr. ~ brmin previded~ it dWl aot be aecersary ~r requi~ite thrt
thc w~ctga~ee ~II 6rw p~~ tbe wne.
2. Twe Mortaa~ee mar, at 6is option, and witi~out waivin liis right to accclerete the indebtedner hereby
o e
eecured and w forecla~e t6e same, pay eitLer befo~++e or aftcr drs~yueency aa ar all of those cxrtain obli~atinns
reqnirad by t6e term~ bereof to be paid by the Mort~a or for the protectioa o[ t~c mortaage eecurity or for the oollec-
tion of ehe iadcbtedners hereby ~ecured. All wmr w a~v:noed ur paid by the Mort~agex ehall bc chacaed ints tht
, mortaage account aad beeo~n~t an intcgrrl part thereof, subjcet in all reapects to the terma, couditiona, and cov~nants
4 of the aforesaid praaniawry aote, and i.6is martaa~e, as fally and to tbe same ~~tent ae th~uah a part of the orignal
indcbtedneM e~-idenc~d by said notc and s~~u.ed by this mort~a6e, s~ceptina howe~~et, that gaid eume shall be repaid
the Mort6agee forthwith upon its deniand and be ia sddition to t6e reguisr n~oathly in~tallmente provided by the
mortg~ge notc.
3. Th~t the abstract or abstraets of title coverin6 t6e mortg~ged property- sliall at all timce, durin~ tht lifa of
i this mortg~ae, remain in pare~siou of the Mortas~tee aad ia event af the forecloeure of thia mortga~e or othex ttansfer
~ of t~de to the martgi~cd property iu extin6uishnnent of tbe !d(ICEf~t(~liq9 secured hereby, all right, title and intee~cet
~ of tLe l~lort6a6or in and Un any such abstracts of tide shsll pas9 to the p~irchaser or ~rantee.
; 4. T'o 16e e~tent of the indebtedneas of t6e Mo~ur to the Mort6a~ de~cribed herein or a~ured hereby,
` tlie 1liartg~?,~e ie hereb} wbro ated to the lien or Licns and to the ri~tte of the ownere aad holdere thereof of +each
and av~ry mortax~e, liea or ~r incutnbra~ce on tbe lsnd described herein r~hich ia paid ~nd/or eatieSed, in whalt
or in p~rt, out of the procee~ds of t6e loan deacrabed I~ercin or necured hereby, and the reepective liene of said mort-
~ ga~es, iiens or nther iacumbrancea, sh~ll be aad tbe eame and each of them hereby~ i~ ~?reeerved aud ahall paer to and
~ be tteid b~ the Mort~a~ee herein ae xecurity for t~ indebtedne~ to the 1liortgagee herein deacribed or hereby stcured,
~ to the sarae extent t6at it Mould ts~ve becn presetved a~d would have }~een aseed to and bcen held by the Mnriga6et
ee
~ had it bee~ dulg~ and regularly assi~ued, trauafecred, eet over, and delive w~to the Mortg~gee by aeparate deed of
a~i~tuntnt, notwithstandin~ tht fact that tLe eame mar be aatisfied and canceUed c?i' rtcord, it beu~g tl~e iretention of the
partiee l~er+~to that tbe same will be satisfied aad canctlled of record b}' the holdere thereof at or abnut the time of
thc rrcordin~ of this mort6aae.
5. In the evtnt the owderahip of the morlgaged prtmi~ee, or an~ part tl~ereo[, becomee ve~ted in a pereoa other
than tl~e Mortgagvr, the '_liortgagee may, withcwt notiae to 1Le Mort~sgar, deal with euch eucce.seor or aucceeeors in
iutereat K-ith reference to thie deed and the debt l~ereby secured, in tE~~ 9anie manner as with the Mortgagor without
~ in •ruv way eltiadn6 ot diecbarpng the Mort~agor'~ tiabili~ty hereundes or upon the debt hertbp aecured. Na eailc of
E tlie premiees }~ereb}• ntart a~ed and no forbearance on the part of tlxe '4tortRa~ce, and no exttneion o[ the tiene for the
~ ~~aymettt oE t~fC debt here~}• eecured given by the Mort~saee shall operate to reltaee, digcharge, modif}', change or atfect
the ori~inal liability~ of the Mortga~or herein either in ~vhdt or in psrt.
~ ti. The lien of thie deed eecures aad shall continue to eecure pa!~•ment of eaid indebtednesa or indebtedneee,
; liow•r~~er evidenced, whether b~• said promieeory note or any renewal or exteneion thereof or eubetitute therr.for, or
otlterwiee, nntil all euch indebtadne~ shall have beea fnlly paid.
7. If~ fh.e event ilte ntortgn~ors sell, convey or traitsJer t/ie rnnrl~*n~;ed +~rrmises dttrin~ tl~e life of tlirs ntortg~~,~rr~,
t/re~: this mort~a~e shatl, at the option of the ,~lortga~ee herei~i, l~r-rnme i~n~nediately duc a~2d pa~~able for t{te fttll sum oj
tirc~ princrpnl bal~ince a??d i~iterest then due.
tS. The tcrnie "Marigagor" atad "Mort~a6ce" w6eaever used in this inatrument sl~all include the heira, personal
rel?regentativee, euccesaors and aeei~ns of the re~pective partiee heteto. Wher+eder uaed the Riagular numbee shall include
~ the plural and the piurai the ain~e~lar, and the uee af any p,ender shall include all geaders.
E / ._~/~1 ~i7~
Si~ned aealed an ~Cli3•e~d ' the pr~xuce of : l/"`"``` C y~Cf iL~(~~
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~ ~;L-".i.~ C' % . • ~ J . _ tSEAL~
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STATE OF tARYDA
COliNTY OF
.~CI
on x~e personally appeared ->I-~ ;i; E_'~..:'1".~L, an uncu~rc•.iecl S~UI~iCIl,
to me well lcnown snd Irnown to me to be tiu individuala deecribcd in and who executed the foregoing inettument, and
1 acknowledged before me that they eYecu4ed the eame ior the purposee thcrti expreseed. WITNES hand and
~ oi'icial ~~ea! iti. tt.a Caunty aud Siate last aforesaid thie 7tPt~ day of M8. ~ 19(~j.
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Not3~y Pu~li;, State ot Florid-o ai Large ~
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My Commiss:on Expires ~une 30, 1~07 ~
. t3~nded 8y Am°r;can Su:ety Co. of Y. Y, ~
M~' (:ommieeiots ExF: : t~t.~t 0~.~}ED Notary Public, State of ~
~ ,~t~iC a i K~COM g Q 0 K _ ~
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- ~ ~ R~G~R i-Jii_rA1. CLERK BiJuK . ~ ~ ,
~ . ~ti.. ~ S7. ~FLO~ DA NTY> -
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