HomeMy WebLinkAbout1692 1[~rtp~r. b wMt trreel~wre si tdia m~ctp~e ~t ~tyer tewdar ~t title t~ dre i~et~r~ed p~r+Pert~ ie extia~riihmeot et the iriabt-
~d~wr wtrred `ere?r, dl ri~Lt, tidc ~ad i~tcrat ~f t}?c II[ott~+~ u aad t~ N~ iM~noce p~liei~e~ thew iw t~ru ~hall pu~ t~ tLe
~?wreVwt K R~wMa
l`) T~ ~~et~n+. e~Plr ~ritr ad dide a~ ud e.erp tbe ~tiwlatiw~ a~tesaae~ts, cN~iti~os ud esvewnt~ i~ s~id pr«aiawr7
taRe ~rd ie ti~i~ i~e~ ~e!t (~etli.
li) T~t d w~t Mii ~w ~t m~oe~ 6ereiw rete~r~ed be wt pc~a~pti a~d trlt~ pai~ Mit6ir !lfte~en d~ys Kst
dte~ t~ ~r~w Mr~rdlr bec+mer dre aad p~~~ble, ~r i( e~ ud everr ~ stiprlati~ rpeeoeM~, c~aditie~ aad esveaaaq ~f pid
~~iw~t~ ~s ~d li6s dss+i~ ~c eitbrer, ~ne Nt (dt pes(~med. tanlliwd witL aad ~bidea br, tie ~ai~ a~p~epte sua~ ~ewtiwed iw
~id pe~siwrr ~~ts ~II betw~e dre aad p+rable ~i~i6aitk K t6treaftet at the op+u~e ~f tde Mortp~ee a~ (oll~ +iad c~pletely w
it tLe sRi~ •~e p~e we ~t s~id p~iwoc~ a~te wa~ ~ciparllr stipal~tea t~ be p~id e~ ~ueh d~y, aa~i~i i~ ~aid prNlwr~ ~ee
er hereia t~ ~e cwtn~ Ntwith~t~ndia~.
l j) 1!?~t iw ~e~iee t~ ~eeden~e ti~e maquit~ ~f t6e iodebce~.e.. 6erebr .ecured. becawe ~i thc failure tie 1[+rti~i+r W7 ~T
t+uc, aa~ewneot, lia`ilit~~ r?liy~tiN er eec~brance upo~ wid rnpe~tY, N hereia previded, it ~hall aot be ueeewaq ~r requisite t6at
thc r,~~ctg~asee ~ll 6nt p~y the swe.
2. The Mortaaaee mar, ~t his optias, :nd witboat waiv~' his ri6ht to aocelerate the indebtedne+~ hereby
recured and w faroclare the ~ame, pay either before ar after delinquency ~ny or all of thoee aerta~in obli~atione
reqaired by the te~au 6ereo~f to be paid by t6e Mort6aaor [or t~re protection of the mortgage ee~urity or for thc oollec-
tion d' L6e indtbtedneas hercby seeured. All sums w advanoed or paid by the Mort~agee e6~11 be ch:r~ed inw the
martgage :cco~nt and bacome an inte~ral part thei~ea~f, subject in xll respecta to the terme, aonditaonE, +wd covenants
of the aforaaid pe+omiswrr aote, and thia mort6a~e, ~u fally and to the earne ~~cteat as tlwugh • p~rt o[ the oriainal
indebtedneN e~~denced by eaid note and secured by this mortgaEe, excepting howe~~er, that sxid euma shall bc repaid
the Mortaa~ee forthwith upon its deni~nd and be ut addition to the re~ular mo~thly installneente provided by the
~nort6rge natc.
3. Tlwt the abetract or abstracta of tide corerin6 the mortgsged property- sliall at all timea, durin~ the life of
thia inortga~e, remain in pa~e~sion of the Mortsaaee and 'an event of the foreclosure of thie mortgaae or other tranefer
of ~itlt to thc mortgaged property iu eatiaguishment ot' the indebtcdneee secured hereby, all right, title and interees
oi the blort~s~or in and w aay such abstractt of title shall paes ta the p~~rchaeer or grantee.
4. 'I'o t6e extent of the indtbtcdnees of the Murt~or to the Mortaa6ee deecribed herein or secured ~ereby,
the 1?iartga~ee u hereby wbro~ated to the lien or lieo~ and to tht rights of thc o~y nere and holders theceof af eACh
and e~very mort~age, liea or other iucumbrance on the land de9cribed herein which ie paid and/or eatiafied, in whole
or in pact, out ot the praeeeds vf the loan described herein or seeured hereby, and the reapective liene d said mort-
ge~res, lien~ or ather incumbraaoes, sbalt be aad t6c eame and each +af thein hereb~~ is preeerved and eh~ll paes to and
be held by the Mort~a~ee herein ae aecarity for the in~debtednee~s to the 1liortgagee herein described or h~ex+eby secund,
to the enmc ezteat that it ~o~oald have been prsserved snd would have been pasaed to and bcen heid by the Mortgagex
had it betn duly and rtgularly assi~ied., transferred, stt over, ae~d deli~~ered uiito ti?e Mortgagce by eeparate ~eed of
aseigu~nent, notwithstandin~ t6e fact that the eame may be aatiafied and cancelled of record, it being the intention o[ the
~~artiee l~ercto that tbe same will be eatisfied and cancetled oi r~ord by the holdera thereof at or aboui tht time oF
the rrcordin~ oE this mort~a~e.
S. In the event the ownership of the mort6aged prt+ni9ee, or any part tliereoi, btcomea veated in a pereon other
than tlEe Mortgagor, the '_1lortgagtt mxy, without aoticc to tlie Mortgagor, deal with such aucceeeor or aucceseors in
intereat evith refereace to thie deed and the debt hereby eecured, in tl~r same manner as with the l~oetgagor without
in ~uy way r~tiatin~ or discharging the Mortga~or'~ liability hereunder or upon the debt he~eby eecured. No eale of
tl~e premieen hereb • n~ort agrd and no forbearance on the part c?f the '.V[ort~;a~ee, ~nd no extenaion of the time for the
payment of the de~t here~)' sec~~rtd given by the Moet6agt+e ehall optrate to releast, diecharge, modif}•, chenge or affect
the ori~;inal liabilit~• af the iNortga~or herein either in whde or in part.
6. 'I'}~e lien of thie deed eecuree and ahall continuc to secure par~ment o( eaid indebtednee9 or indebtednesa,
iiowe~•er evidenced, whether b} said promissory note or any re~aewal or extengion thereof or subetitute therefor, or
otiierwise, nntil nll auch indebtedntae ehall have been fullr paid.
7. In the event tlie mort~n~ors sell, ronve~~ nr traras(er the mort~n~eci f~remises dttrin~ !he life uf tliis ntolt;~~tic,
[.1aen this mortgn~e shall, nt the option of the llTortgagre herern, be~n~nc i~nmediately dt~c nnd ~inyable for tl~e firll st~~i: o(
!!iP principai bafance nnd interest then due.
ti. The terme "Mortgaaor" and "Mortgaac~" whenever used in this instrument ahall include the heira, personal
reprenentrtivea, auctx~aors and aeei~Sne c?f the reepective pxrties hereto. Whertver ueed the Ringular number shall include
the plural and the plural the eingular, and the u~e of any p,~ender shall include all gtndera.
i ` '
~
.J _ ~ _ _ .
Signed, sealed and delivered in tl?e presence oE: (S~'r?L)
~ .
C
~-'~C"Gtf./.~?~.-c_'.~'.. ~.T'~.L..J~ " . . _ . _ _ (SEAL~
J'?Y' ~ ~ .
1 ~
STATE OF F RIDA
COUNTY OF ~
St. Ix~ 1~'iI.D~S aad ~L VILDlS6t, hir vife, ~'ors~rl.~ kn?o~n
Betore me pereoaally appeared a~ ~ Y,~g~g~~~ ~
to me well known aad known to me to be the individuale deecribed in and who execut~ed the foregoing inetrument, r~d
~ acknowlad~ed before me that they executed the eame [or the purposee therein expreeeed. ~'ITNESS my hand and
oN'icial .eat in the County ~nd State last aforesa~id this 3~t~1 day of July~ 65.
~ .
~ , ,
,
~ ~ " ~
_ . . ~ , _ _ . .
. ,
° ~r~ .
_ _ . .
M~~ Comntieeion Expiree • ~ Notary Public, tate of ~l0~id~ ~ ' ' ` ~ ' ' ' :
- , -
r _ . _
" / , vJ~l. ~ -
. I _
BORK . . . _
/