HomeMy WebLinkAbout1994 Y.rep,.r. L..r.t .r r.e.ei...rz .t tb~. ~w..tP„e ~r .~.r w..rar .r tid. a d~. ..rtp~sa Ne.4.rt, ju astia~.i.Janeut .t tbe i.ae6e-
ed~ ~ Mr~r, all ri~t, tide a~d iMtare~t t6e Neet~r iw a~d b r~ irwe+~ee Nl~eia t6e~ iw t~roe r6all pw t~ ~c
!~r'eL~r +t {eaMq•
l~) T~ Md~. e~17 ~ritti a~wi rride ~r ~i ~wd eraqr t\e Ri~w4~ti~ apbewew, c~iiti~ sNd e~veaanr .i~ wi~d prw~iw~R
' s~te ~ i~ tW iM~ ~et t~e~.
ti) '!Lt it aq d m~y `ueL referre~ t. be Nt ~dl a~ tdi~ ~~r;tii~ IItteen d~r ~ext
~tter eie wM Nwnlly bee~ew dre awd M~abM,, K ii ~re` a~d erar~ dr ~tipdati~, ~r~,' c+editioa~ a~l eavcout~ Mid
pr+~wirr+re~ w~e a~ tW is«I~ ~r eitlre~, ane ir~t tdt pre~t~aseJ. cwr~li~i witL ~wd Nbid~l b~~ die ..i~ .~rrepte ~r. awwtierad ir
aaid pc~iwry a~s ~Il bec+~e d~e awd p~ra~. ~i~thait~ r t6c~t~er u t6e optiw ~f t`c A~octp~ee r(nli~ wd eaopletelr ~
it tbe s~ii ypep~ Nen ~aia ~iwer ~ wa~ Kipa~U~ uiwlued t~ be wld N~wel~ d~y. aw7~li~ ir Nia prwriwr~ Nes
or 6~seei~ b t`e cMtrfrr Mt~vi~rnrdi~~.
ti) '1'hat ie ~rir t~ ~c~lar~te d~e ~T ~t dre ir~ew bareb~ securari, becaue d tbc (ailtire at dw s[«~.r< wr •~r
trY, ~rene~t. li~?ility', ~Ilpti~w K e~nm+brasoe op~~ ~aid *npertr. r Lereir pwvided, it ~6d1 n~t be seca~arr ~r reqoaite tWt
t6e wKt~ya{ee ~11 Gnt p~~ t6e wre.
2 The Mort~a~ee ma~, at ~ aptioo, asd withwrt waiv~'n~ hia riaht to aoael~rate tlre iadebtedse+M l~ertby ~
secuied and ta foreclae t6e sa~e, pay eit6er bef'ore or ai'ter delinquency an or all of eha~e aertain nbliptioat
reqai~cl by t6e tecau ~ereof to be paid by the Mo~a~
oc for tlre proteetion o[ ~ mort~ge security or [or the oollec-
don ot tlre indebtedne~s Lereby ~ecused. All sum~ ~o advanoe~l or paid by the Mortpgue ahall be ch~raed into the
mart~aga accaunt and beoorat an iate~ral part thereof, snbject ia ~q rtspects to the tertns, canditiotu, And eovena~L
of the afoe+e~aid romiswry note~ aad this mort~a~, a~ Enlly and to t6e iame a~teat aa thouah a part of the oriainal
indebtcdncu e~-i~en~a by said aote and secured by this mortaa~e, exocpting however, that said ~ums shall be rcpaid
the Mart~a~ee forthwith upon itr den~and sind be in sdditinn to tht re6ul~r ~~onthly it~~tnllmente providtd by the
~nort6nge note.
3. That tlie abetract or abstracta oi title covering t~e mortgag~ed property sliall at all ~ime~s, durina the life of
thi~ neortga~e, remain in po~sro~ioo af tht Mort~a~ee and in event ut the forecloeurt o[ thie mortga~e or ot6tr tr~wefar
of tide to thc mortaaaed pcoperty iu extinguishment of t6e indebiedntae aecured hereby, all right, title and intereet
of the b~ort6a6or in aad tn any s4ch abstracts of title shall pxss to the p»rchaser or 6rantee.
4. To tLe txtent of t6e indebtedneas of t[re Mart~nr to the Mort~a~ drscribed herein ar eecurdd 6ereby,
the 111artarg~~e is hereby subro6ated to the lien or liens and W the l1~~1t6 OI LIIE ONhtCd and holdera thereof of each
grid erery mort~a~e, lien or other inctuabraace on the land described hereia wiucH ie paid aad/or eatia6ed, ia whole
ur in part, out of the proceed~ of tbe loan de~cribed Lttein or $ecured hereby, aad the respective liena of said nuort-
~~r~s, licni or other incumbr~woe~, shall be and tlre ~a~ne aad each o[ them hercb}' is ~~reserved aad ehail pass to and
be heid by ti~ Mott~ad+e;e here'tn ae security for the indebtedn~ to the 1lictrtgagsee htrein described or hereby eeaured,
to t!u ax~e eztent t6at it w ould h~ve becn preee.-•~ed and wonld have 1?ecn paesed to and bcea held by the Mortaa~ce
hAd it beta duly and re~ularly aasi~~cd, tranaferre.~, set ovtr, and deliverc~•~w~to t1?t Martgagee by eeparate decd of
a~ai6nment, notwitlistandina the fact that the e:me may be aatisfied and cancelled of record, it bein~ the intentioa of ihe
jiarties hereto that t6e aame ~vill be satisfied and cancelk~d of recnrd bj the holderu thereof at or about the time at
the rrcordina of this morigaae.
5. In the svent the ownera~tip of the mort6a~ed psemi~ee, or any- part diareof, becomea veeted in a pecsoa other
th~n tlie Mortgagor, the '_liort~agee may. withont notir.a to the Mortaagor, deal with auch aucceseoc or suece~eors in ~
iuterepi with refertnce to thie deed and tht dtbt hertby sccured, in the same manner an with the Martgagor without
in xuy wsr ~-itiatina or discharpng the Mortgaaor's liability hereunder or upon the debt hereby eecured. No eak af
tiie premieex hertb • mart a6ed sn~ no forbearance on the part ot thc !Viortp,agc~e, and no extenaion of the time for the
payment of the de~t here~}• secured given by the Mortgasee eh$11 operate to releas~, dixLar~e, m«lify, chen6e or a~ect
t~e original liability of i~c: 17ortga~or herein eether in whde or in part.
6. Tl~e liea of thie deed secures and ehall continue to secure payment of said indebtedneae or indebtedneae,
liowe~•er evide~ced, whether by said prnmieeory nate ot mny renewa) or exteneion thereof or substitute therefor, or
otl~erwiae, nntil all such indebtedne~ ehall havt beea full~• paid.
7• Iri t/~e ~Jent tlie mnrt~agors sell, cnnt~e~~ or trnns/er l/re »~ort~nGe~i pren:ises cittrinG the life oj tltis »iort,,~i~e,
then this mortga~e shall, at the option of the Afortgagee herei~,, bernme r»rmedintely due nnd ~nyable for the fi~ll siun o~
tlie principal bnlance a~id interest then due.
8. The terme "Mortgaaor" and "Mott~a~ee" wheoever ueed in thie instrument sl~all include the heira, pereonal
cepre+sentaiives, eucoeeeors and seeiFna of the re~p~ctive parties htreto. Whcrevtr uecd the ein~ular numh~er ehall include
the plural and the plaral ihe sin6ular, ~nd Yhe use of ~ny ~,ender ahall include all gendere.
. ~
Signed, eealed and delivered in the presence of: ~ '"~'~~j~%~~ <S~~ L~~'7%' ~~L~ ~ ~
_ . _ _ . . . _ SFrt[.
, ~
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`-`~~c.i'-r~ i~. ' t I - (
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1 .G~ ; : < . ~ __..,,,_,={1~_. .1._: ' J.%;..(...: SEAL~
~ ! j
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STATE OF FLORIDA
COUNTY OF~t~ ss
S?. LIIC
Be,fure me pereonally appear~ t~Y Ld~[B ~d Iql~3'Bl? S'T~7.S$ Ll~~ ]ai~t trite~
to me well l~nawn and known ta me to be the individuale deacribed in and who ezecuted the foregaing inatrumeat, and
~ acknowledaed before me that thty executed the eame for the purpaaee therein eYpreeeed. W1T1~1ESS my hand and
o~cial swl in the County and Strte laet aforesaid thie 20t~h day of ,ugust 1965.
1
1~.'?RL R. A`1~RY
.
R^: ~.nY ~'i;' _I :,i~'E F~~ =~~.1 a! .k~;u~ - . - ; .
t~:Y (,~~'~,',;l~~: EY,f :ll;~E _J. i~S7 ' ~
.
, !~'~v: C.ommieaiv.u Expires: . Notary Public, State of Flo $i ` '
~ FILED~AN RE~ ROED r . .
~ BOGK ~
' , ~ It._ i~ ~ ~
- . . . ~ , .
: ~ ~ '65 SEP PM i : 53 , ~
. . , ;
~ ~ ; ~ .
ROGER F'~~i~; i~aS. C~ERK ~
" S7. LUCit COUNTY. ~ ~ ~
FLORIDA e~~=f