HomeMy WebLinkAbout1361 1[wt~r~. 1a ~wnrt ~t /~elwwns ~f tlii~ a«t~M ~r .d~s te~t~r d titM a I~iw~ ~etp~i~eq~ L st~aw ~t tre i~ieM~
~i~w srcrnd L~eri~~ aU ti~t, titis ~ iwtaa~t ~t twr Mwtp~K ~~1 N~ Lweree ~Ik t~ L~ f~roe ~6~11 ~ t~ 11e
. Nr~r w ~~R
T~ Mrtww. a~~ wrpi a~i aYi~ i~ wek vi e~r7 ~P'~wk eMriitiar ari ervw~e~ i,r ~sid M~t~*y
w.~. a.~ i~ tW i~.i .at t~rd~.
(1) ~e it ~q d wii wr ~t ~r ~ee~eiw nf.en+ t~ ..e ~aw1 tdU /~ii .ri~i. !ltteea i.7a .a~
at~sr eV wwi~ ~rdl~ we~~w ir~ a~i ~ya6M, ~r 1t ~ei a~i ~wr~ ~N~1~ti~r, a~w~. c~wiitiw~ ar?i e~fe~r~M ~I ~
~+~iwrey w+M a~i 1W ~i. ~r ~M. ar~ wa~t l~nf+~w~, sNr~li~i wri~ a~i a~iii h. tre ~i ~~~ra~ti~wsa i~
Mid ~wi~t~ ~ idl b~o~ i~ ~i M~iM~i~iwill ~e d~~w!'Mr at d~e MiN ~i t`e M~rt~.pe r f~itr ard e+~r~leleir a~
~ ~ Wiy~ ~ ~U ~r~e~ w~e ~+a~ «i~rllr ~I~ri a `e Mii ~ we? i7. +~7~i ir wii re~y ~
+c Ler~ a 1V e~Nr.rr
(i) 'lti.e i. .erier a ree.l~e.Me 1`s .~.riy .t d~e iwdabMira. ~et~6~ ~scrNrsi. 4eatlre .t dre faihrre .i dr. Y++rt~s+r a!a ~s
t+x. +MeiMna~t, lirriiit7. K ese~asoe ~ Nii ~erq. ~ krair ~viie~ it ~6rU Mt re rec~rr+~ w eepi«ee t?~t
t6c n~tsa{re idl int pq Mse.
2. The Mostga~ee m~~, at bir opdw~, a~l witl~w~t waiv~' Wa ri61?t to aooelerate the iedebtedner h~ere.by
~ecut+ed aad w[oreelaie tLe aa~e, Par eitlrsr before ar ~fter delinqnency aay or all of t6we oertaia abli~tio~a
~ reqtiiied b~ t4e tera~ 6eteof w be paid by tbe M for the protectio~ af t6e ~a~rtsaae ~ecuritp or for t6c oallea
don ~~e indeboedoe.. he~by .ecared. Ail ,u,~.~a~d o: paid by t6e Mortpge,e shaA be char~ed ;nco s~
mortas~e saca~unt arrd b~eoo~a~e aa inte~yral patt theceof', wtbjact in aU rdpects to the terms, coaditiam, and aorenanb
af the dor~aaid praMmU~wry aote, aod t6ismort~~e, a~ fnlly and w tbe ~ade ~~tmt as thou6h a part oE the oriainal
u~debt~daer e~idenoed by said aote aad ~ecne+ed br thi~ mortp~e, e~coeptin6 Lowever, that eaid sams shall be repud
t~e Mart~ya~ee fo3rthwith upon its demand ao?d ~e in addieioa to t6e re~ulac mas~thly installmeab prnvided by the
~nort~s~e noRe.
3. T6at the abtnct or abstracts of title ooveri~ t6e mortaa~ed Propert~ sLall at all tin~ea, dur~n~ tbe life of
thia mo t~ain in paaewan ot tl~e Mc~rt~a~ee and in eveet af tLe foreclosure d this mo a,~e or other tranafer
of titk to t mort~s~ed proPerty in extin~istunent of t6e indebtad~ss ~ecured 6ereby, al! n~g~t, title and intereat
of the Mort~or in and w any s~ach abRraeh of title ~hall pass to the piin~akr oz ~ntee.
4. -To t6e exteat of tbe indebtedners af tl~ M to the Mortaa~x dt~cribed Lerein or ~e,cut+ed bereby.
the 11i~rtp~ee i~ here~ ted to the tim or lia~ an to the ri~hb d the o~vnen and holders thereof of each
ar~d e+?ery mort;aae, liea or incumbraooe on t6e Lwd described herein wLich ia paid and/or eatia6ed, iu w6ole
or in part, ont of the proceeds of t6e lwn de~cribed hee+eira or ~ecurcd heraby, add the e~ectivc lir,ns d~aid ~ort-
6a~aa, li~eos or o~ther incumbranoa, ahsll be aad t6e ssme ~nd cachLbf tLera heaeb~- is presecrval and sLall pan to and
be held bY ti~e Mort~a~ee hertin as ~ecurity for tbe indebtedneae to the 111ort~ag~ee hercin de~cribed or hereby ~ecured,
to t6e ~ racteat tl~tt it Moald 6ave he~n pre~erved aad would 6ave been ae~ed to and been held by the Mort~a6ee
en
hs?d it beea duly and ~rly a~rcd, transfcrred, ~et ov~er, and delir•e uuto tl~e Mortgaaet by separate deed of
asai6nr~nt, notwi t6e fact that t~re same may be wtis6ed and cancelled of record, it beia~ the intention of the
~arties hereto that t6e same will be satiafied aad canoelled of record bg the holaers thcreof at or about the time o[
the recordin6 of this mort~aae.
S. In the evmt t}re nwnership of the mort~a~ed premise~, oc any- part diereo[, becomes veeted in a pcrwn other
than the Mortga6ur, the '_Viortasgce maY, wie6ooc ooc;a co dr~ Mo~ca~ao~, deal with such euece~eor or euoceworr in
iutereat ~sith reference to thie deed and t6e debx hereby se~eured, in the eame manner ~a with the Mortgagor without
in aaY way ~-itiatina or disc6ar~in~ the Mort~t~or'e liability hercunder or upon the debt hereby eecured. No eak of
the premisee hereb}~ mort s~ed aad no forbearance on the part af the '~iortgagee, and no extension of the time for the
payment of the debt he~~- secured ~ven by tlie Mart~ee ~hall operate to relcase, dischar~e, madify, chanae or a6ect
the ori~inal lisbility of the Mort~a~or h~erein either in rvhde ar in part.
fi. The liea of this dced easucea and a6a11 contiaae to secuee paynunt of said iadebtednese or indebtedness,
liawever evidenced, whetLcr by said promiseory note or any renewal or extension thereof or aubetitute therefor, or
otlierwist, nntil all such indebtedne~s shall have baen fnlly paid.
7. In the event the mortgngors stll, convey or tra»sfer t/ie mortga~e~ premises dtering the life of tJiis niortgage,
then this ~nortgnge shall, nt the option of the Dfortgagee herein, Gecome immedintel,y due n~:d payable for the ~ull su~r: o/
the principal balance and interest then due.
8. Th~e terma "Mortg~sor" and "Mort~n6ce" whedever ueed ia thie instrument a9~all include the heire, pereanal
reprc~entativea, auco~ssors antd asei~ns af the rtapective parties hereto. ~herever ueed the ~inaular number ehall include
the plaral and tht plural the sinaular, and the uee of any g~ender ahall include all genders.
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5igned, aealed and delivercd in the preeenoe of: G~~~.f.~-~L~......~... '~.-G{' lZ~~~ (SF.~.)
_ ~!L . . . . . .......-~;'~-:?~G!?~~'~~
_ . . - _ _ - ..............(S~t.)
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STATE OF FLORIDA
COUNTY OF ~ `
Sain~~i,ucie ~
ore mc personally appeared RALPH D. ~i1HITE, an unmarri ed man
to nue well known aad known to me to be the individuale dc~cribed in and who eYCCUted the fore6oin~ inetrument, and
acknowled6ed before tne that thev executed t6e same for t6e purpoaee thsrein expreieed. WITNE55 ray h~nd and
o6icial ~ea! in tb~c County and 5tate ia~x aforcaaid thi~ 6 t h d 2y 0 f Augu s t f 1 g 6 5
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/~NAFtL' R. AVERY ff ~ i ~ !
~5.._:::it,._.
~ N'JTARY PUBLIC. S7ATE ^f ~LC~?IDA zt LARGE r~~ . ,L ~ .....f. ` - -~.-!r.. ~
COh4~'15SI~t~ EXFIR:S 1UNE ?0, 196r ; :
My ('.ommie~ion Expirea: Notary Pu iic, State of .
.y Ftt~ "Ke~O~~OpK _
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ROG~_ s.~t i=;;;::~ NTY 0 R
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~ ST. Lu ~O R D a BOaK 12~
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