HomeMy WebLinkAbout1468 ~[e+tp~rr. 1a ~+tiwt ~i /«vel~ne d tWL ~r~etp~e rr ~tirr trurf~r ~f ~id~ t~ dr Metp~i i~ iutia~wi~hmewt d t!n i~ieM-
~irsa s~ewee~ Wra~~, all ri~Lt. d11c ~d i~tervt rf t~ ~[~et ~
p~K iw a~ N~ i~we~oe '+1 ie~ ti~ iw t~ ~aU pw t~ ~
l~~r ~r R~we.
T~ ~1+ny e~tr rritl~ ~i r~4iie b~ ~.i rwi e~wry tie ~tiw4tiw„ apraewerh, owwiiti+wr +~rd cs~vea~wtr ia ~aY ~r++wiwr~
r~a ~ iw tW ~ei ~et t«tt~. ~~r
( i 1 Z1~t it w~t MiJ srrrr 1 aNS~ ?ssei~ nterrs~ t• `e Nt ~r.qd~ a~ tdly Mir Mrit~ !!lteeu ir ~t
~ t~e Ms~ ~aU~ becwsr d~e „I~Db, K N re~ rrl ewiry tL~ ~l~tiw. cwditi~ aii n~ea~w ~I ~aid
~viiw~~ ~a a~l tWr ds~i~ K eit4r. are Mt f ~N'[wrai. cwrfli+i v~ ~wi ~ 1~7. d~e w~ ~~pr~pte a~ur ~aitiNed 'u
Wd ~f'~jM~C7 Mf~O bOC~! Mr~l~N~M~ Yf 1~![~tOf ~l 1~Q ~L~N ~ I~E ~O[lp~O Yd E~ M
ir tLe .d~ ~p~ap1~ .~n. .r ..i~ ~r..i~..ty .~e a« Kipa.u, a;~lale~ 6~ vrja .~cL a.Y, .w~ i~ ~~iia p.r..~
~r 6erd~ b 14 eNtr~r~ ~twit6~hwiiss.
ei) 1~t iu ~ie~ t. ~ccslar~e dre aua~ritr ~f ~e iadebleiw~ rer~eLr ~ee~ei, bec~r.e d tbe trilrre eV I[~slppr a M~ N~
t+x. aMaa~newy W?i1iq. ~?lipti~ ~r eae~btuc~ up.~ ~aid M~P~7. M bereir Nr+vided~ ic ~tl w~t be ~eoa~q K reqni~ite tliat
t6e uNrty~~ee ~11 ~rn p+y t6e ~me.
2. T6e Mortaa~ee may, at hi~ aptiaa„ aad wit6a~t waiv~'a~ his ri6ht tu acoeltratc the inderbted»ea hercbr
~ecur~erl aad to forecla~e t6e ~aoe, pay either beio~e or sfter delidquancy aay or all of tbwe oertain obG~tioo~
er
reqaired by the term~ he~+ed' to be paid by tLe Mo~a~oc for t6e protectio~ o[ the mortaaac ~ecurity or for the a?llec-
tiun d t6e iadebtedne~ss heneb~ ~ecured. All ~umr w advanoed or paid by tLe Mart{y~gee shaq be cl~ar~ed into the
mort~age a~x,~ount and become aa i~te~ral part t6ereof, wbject in xi! r~specta to t6e tenn~, corditions, and ooven~tnts
of tbe afore~aid prMnn.u~ory note, aad tbis moctsa~e, ~r fnll~ and w tlre sa~e a~tznt ~ tlwuah • p~rt oE the ori6in~t
indebtednar t~-idenced br said note and secured by t!w mortgaae, exoepti~ however, that said swna ahall be npaid
the Mart~a~ec forthwith upoa its deniaad and be in addiaon to t6c rc~ulu n~ontlily inata~liments provided by the
~nort~~e note.
3. That tLe abstract or ab~tracts d' title ooverina t6e mort~a~ed propertp sl~all at all times, durin~ tLe life of
thi~ mart~a~e, remain in po~wwsiasi of the Mort~s~e+e and ia evr.nt o( the fax~eClosure nt this mart~aae oc other trainsfer
of title to the mort~aaed property in extinaui~hmeat of tl~e in~ebtednese ~ecured 6ereby, all ri~ht, title and intereat
o[ t6e 1Nort~aaor in and to a~y suc6 sb~tracq of tide shall ~ to the pnrcha~er or ~rantee.
4. To th~e extent of tbe indabtcdnie~s a[ tht Mortg~ac ta the Moe~t~aaet dncrii~ed 6erein or ~tcured 6ttcby,
the 1liortaa~ee u ltierrby subro~ated to the lien or lien~ and w the ri~hts d the owntrs and holdars thereo[ of each
xnd every moartda6es. lien or other iucumbraaoe o~ the land deacribed herein wi,ich is paid aud/or satisfied, in whole
or in p~ct, nnt of the pra.~eeds of tLc loan dercribed 6erein or eecured heircby, wd tl~e respective liena oE said mort•
aaaes, liew or other incumbraaoe~, shaU be aad t6e rame twd each o[ them hereb3~ u~~reserved and shall pass to and
w
be held by t6e Mortaasee 6erein ~ security for tbe indebtedr~ to the I1lostaa~eee herein described or hereby ~ecared,
to the same exteat th~t it Mould have becn prearved and would havc heen pa~ed to and bcen held by the Mortga~ee
h~rd it bcen duly a~r~d rt~ularlr sesi~ued, tran~ftrre~i, ~et over, and deli~~ered ui~to tht Mortga~ee by ecparate deed of _
.~aei~unent, notwitbstaad'uta t6e fact that tLe sarne m~y be wtisfied and csncelled of record, it being the intention of the
p~rties hereto that the s~me wi:l be s~tisfied and cancelled of r+ecord by the holdera thercof at or about the time of
the recardin~ of this mori~;a~e.
S. In the event the ownership of the mort6xaed premixe, or any part tl~ereof, 5ecomea vested in a penon other
than the Mortga~or, the '_11ort~agee may, without notice W tiie Mort~a6or. deal with such aucce~eor or eucce~son in
intereat w~ith referrxrac to thie deed and the debt hereby ~ecux~ed, in the same manner as with the Mortgagar withaut
in ~uy wey vitiatin~ or di~charaing t6e Mort~aor s liability hereunder or upon the de6t hereby eecured. No sak o[
tlit premiad? htreby raort6a6ed and no forbearance on the part af the '_Vlort~agee, ~nd no exteneian of the time for the
payment of t6e debt hereb~- secur~d given by the Mort6asee shall operate ta reDcaee, di~ciiar~e, modify, chanae or aiFect
the ori~inal liability of the M~rt6a~or hereia either in w~hole or in part.
6. The lien of thie deed etcure~ and ehall continut to secure pa~•ment of 6aid indebtednese or indebtedneee,
iiowc~•tr evidenczd, whtthtr by said protnissoty noLe or any renewal or exteneion tizereaf or bubetirute therr.for, or
oti~erwiec, nntii all such indebtedne.~s shall have been full~~ paed.
7. In the event tlte mort~n~ors stll, co~:z~ey or traits/er the ~nortgnged prPntises dttrin~ lftc li/e of tliis morl,,n~e,
then this mortgage shall, at the option o~ the Rfort,~agee herein, (~er~~me rmmedintelti~ ~Irre a~td pnyable for the full sunt o/
the principal bnlance and interest then due.
8. The terme "Mort~aaor" and "Mort6a6ee" whenever uaed in thie inBtrument xl~all include the heire, personal
re~?reaentatives, auceeseota swd assip~ns af' the respective pae3iea hertto. Wherevtr uecd the a~ngular number e~hall include
the plural and the plue~l the sin~ular, and the use oC any g;ender ahall iaclude all gendera.
.
~
~ . ,
, '"~-LjLy;.( ~ .
Signed. aealed ' e t e prexnce of :
_ _ _ ( e~?.i,)
- _ .
~ ~
~l ~I ? ~ ~ . 9 ~~.GGI.~- ~ l ~L' ~SEAL~
~ _
, -
~ ~
, ~ ~ .
..._.,(.,.,J-..:`:L.:-
~ , t -
S A1'~ O~' LORiDA
COUNTY OF ~ s
St.
Refore me rsonally appeared ,~i:; C0:'sBS ~nd E'?:;I~~ C~:~~i:;S, :~~is -~~i~e~
~ to me well known and ~nown to me to be the individuals describ~d in and who ex~cuted the foregoiaxg inatrumeat, and
acknowlcd6ed before me t~tt they executed the eame for the purpoeee therein ezpreeecd. ~ITNES5 my hand and
o~icial ~eal in the County and State laet aEoresaf d thi~ ; G t r~ ~ a,;~ o f J u 1y , 1~j 6~.
- . ~ ` _
~~V'.~ ~
- - f....... . - , -
, ~ r;
,
~t~,(:mam?ssion Expirce:~`'. Notary Pubiic, of _ • .
` ~~`J• 'r: f~11~ O . ~ ',Il C^'/ ~ _
. E ~ c ° ~ ~ K - r. c• ~ -
_ . ` • F1l~Ci~ C4t~.._ ~ .i~, -
i 1
: ~ f~~~'-" ',y ~:'•ti.. .
. . . _ ~ ' ` ~ ~C ~ ~ ` ~ s t.y . ,
. ~7J b ~
, , . • ~ _
~ ~ ~ . - ~ ; ~Y: / e R 1~
• ` F~O~~i`;;. ~ 6(!OK 5