HomeMy WebLinkAbout2286 ~a~ ~~icwi ?w~eb~t~~re d' trir m~tp~e ~r ~tlwic tr~l'~r d titM a dr rNetp~ Me+~rtY ir estinpl~neot ~t t4e iaiabti
7. du. dde a~d iwterat ~f t4 A[srt~s{K ir ~d t+ a~f i~wrswee rl~eie~ dba i~ [~roe ~tl pw ts t`e
N*eLwr +r irrMe-
T~ M~+~. ~++~l~7 w~tY rrd ~Lirie `r ~sc` ~i e~~ tMa rtilrl~ti~, a~r~ew, eNiitie~ u~ e~ve~rau iw a?i~d fr«aiw+n
w.a ~wi i~ ~W i~ei ~ac f~ed.
( i 1'lLt it ~ d~ri~l wrr~ ~t ~r~ser 6erelw ro(em~ `e Nt rrrrr/d~ a~i tdl~ ~aN ~ritii~ !ltteen ~r s~t
~tter d~e ~e MwnR~ beeMON drs awd M7aW~. ~r Y~ a~d eve~ tv ~4~w. yrs~, e~rditiw aw~ e~veaaw ~t ~aid
p~.~rY w.a aNl dlV ie«i, K eidrier~ w wwt f ~et~erwrd. iwr~ii~i wi~ ir~d abiii die wi a~~e .a.. r~eati.red 'u
~aid ~e~wiw~e= M1e ~Lp b~c~e d~e aw~ M~~ie~iet~~ritti K the~e~fosr at t`e optiM d 1~e M«tp~e~e ar fatl~ wd c~mplcielT M
it t`e ~ a~rop~ awr wii ~iwrr r~te ~ra~ ~ciprrll~ ~tiprlNei t~ be v~ia w~wd~ d~y. ~7~iy L ~aid ~ MM
o~ 6enia c? trs e+Mnrr Mtwid~t~iw~.
( j) Th~t iw +rrisr t~ ae~oabse~e dre e~ac~rit~ ti~e iwdebfeieN ~e~eL~ ~ecw^ed. beea~ue ~t Ihe (ailrre ~f tLs ll[wtp~ ts M7 ~7
~~+~~M, ~V4s ~PaN ~r eaerr+br~sce up~ s~ia /s~Pe~ty, r 6treia pr~vide~ it ~6d! a~t be seo~an K raryisite t6~t
the m~tip~ee riull 6r~t p+y~ tbe w~e.
2. T6e Mact~~ee may, Rt 6» optioe, aad witbart waiv~'u~ his ri~ht to acoelerate the indebtedner her~ebf
•ecured sad to foreclwe t6e s~~e, pay eit6er be[ore or after deligquency aay or all of tbwe oertain obli~atiana
reqni~ed by the tera~ heceof to be paid by tire Mort~a~or for t6e protcctian ot thc mortaxge ~ecurity or for the oolle~
tiou of tl~e iadebtedae~s hereby aecured. All suau w advanoed or paid by the Mortaaaee shall 6e r.haraed inw the
mort~ae accoant sbd beoome w inteanl part t6ereof, wbject in all rerpects to the term~, ooadition~, and covenanta
oI t6a aforei~id pe~omiwory note, asd tbi~ mortaa~e, a~ fnlly add to tlre ~ane ~tteat aa t6ouah a p~rt of the uriainal
indebtedner e~idenced by said note and ~ecured by tLis mort6aae, exaptin6 however, that aaid wms sh~Jl be repaid
tl~e Mort~a~ae facthwith upon ib demand a~?d be in additii+au ta the re6ular n~oathly inatallmCnta provided by the
mortgrge note.
3. That the ~bstract ar abstracts aE titk ooveriu~ dre mort6a~ed propcrty ~all at all umes, dnr;na the life o[
thi~ mortaa~a, reanai~n in pwsessiaa ot the Mort~a~et aad in evetrt af the foereclosw~e af this mart~~?~e or ather tsaaafer
of tide to the mortg~~6ed prope~rty iu extin~uidunent ot tbe iudebtednass eecured 6ereby, al! rig6t, title aad interedt
of t6e 1liortga~or in and Ro any s~.ch abstracq of title shall paas to tke purchnser or grxntee.
4. T'o the artcat of tbe indebttduae of the Mart~gor ta the Mortaa~ce dc~cribed herein or ~ecured 6ercby,
the 11io~~ee is her~by subro~ated to the !iw or lieas and to the riahta of the ON'hEC! snd halders thereof of exch
and every mort~ae, lieu or other incumbrance oa tbe land dexribed hercin which is paid and/or satief`ied, in whole
or in part, out of tLe pro~~eeds of t6e Iw~a de~cribed }ierein or eccurad hereby, and the reapective liena of s~id mort-
6a~e;a, liens or oRher incumbrance~, s~ull be and t6e ~ame and each of them hereb~• u I?reserved and sh~ll pass to and
bt held by the Mort~sa6ee ~~ein a~ security for the indebtedness to thc 111ortgw~ee herein deecribed or hereby secuted,
to the same extent tbat it M-ould have be~n pn~ened md woald havc ~een pa~sed to and bcen held by the Mortaa~ee
had it becn duly and re6ul~dy assi~ traarffere+ed, stt aver, ~nd delir-e~+ed m~to the Mortgagee by eeparate de,e~d of
asssi~u~nent, notwidutandina the fact that the same may be satisfied and canceUed af record, it bein6 the intention of the
}~attiea hereto thst t~ same will bt satisfied and caactlled of re~ord by th~ holders thereof at or about the time of
the rrcordin~ af this mort~a6e.
5. In the eveat the ownerehip of the mort~a~ed premixe, or an~° part tlienof, becomea veated in a pereoa othtr
than tlie Mortgasar, the '_Vlortaagee may, without notice to the Mort6agar, deal with guch eucceaaoe or aucce~son in
iutereat ~-ith reference to thie deed and the debt hereby secured, in the 9ame manner aa with the Mortgagor without
in any way ~~tiatina or disc~?ar~n6 the Mort~a6or'~ liability herzunder or upc~n the debt htreby eccured. Na eale of
ti~e premiseA htt~eby mort a~ed and no forbearance on thc part n[ the !~tortp,agee, and no exteneion of the time for the
payn~ent of tht debt here~~- aecnred given by the Mort~aaee shail operate to releae~, diecl~as~e, modify, chan~e or aRect
tt~e ori~inal liability of the iV~ortga~or hereia either in w~iide or in part.
fi. The lien of thie dced secures and ehall coatinue to secure pa~•ment of aaid indebtednese or inde6tednese,
hower~er evidenced, whethcr by said promieeory notc or any renewal ar exttneion thereof or eubetitute then:Eor, or
otlierwiee, antii all such indebtedae~ ehall have been fullr• paid.
7. In the event the mort~n~ors sell, convey or h~a»s/er the m.nrt~n~ed prpmises d~n~ing tl~e fife of this mortga~e,
tlie~a this mortgnge shall, at the option of the 111ortgagee herei~~, berome imme~liately due nnd pnyable for the full swn o(
tl:e principal balnnce nnd i~iterest then due.
8. The terme "!b[ortga~or" and "Mort6a6ee" whenever ueed in thie instrument Nl~~ll include the heira, peraonat
rt1~reRentytivee, aucateeora and seei~Cas nf the respeetive partiee hcreto. Wherever ueed the eiagular numlyer shall include
the plural and the plural the ein~ular, and thc uee of any ~ender shali intlude all gendera.
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Signed, eealed and delivercd in the preatnce of: j~'C~.~. .~'}~l (,~.%1/Z,~!~ (SE~,)
_
, 4..?
G? ~-.e~t„r--rsy . _ _ _ _ _ _ _ _ _ _ tSEAL~
/
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STATE OF RIDA
~:OUNTY OF ~ sg
ST. LIICI
Bclore me pereona ly appeared ~A LEE g08.SIS~ 8II n~+~urri@d voldaA~
to me ~aell known and knnwn to me to be the itedividuals de~cribed in an+d who exe.~cuted che foregoin~ inatrument~ And
~ acknowled6ed before me thst thcy exeruted the sarae for the purpoees thtrein expreesed. '~iTNESS my hAnd and
o~cisl ~e~l ia t6e County and State laet aforesaid this 27th de~y of .August~ i965.
!
nt~~! R. AVERY '
-~2 ~ . . . .
~~rT~~Y F'~E'~i'C. $j.+:'E c! f!."'R10~ ~t L.4RGE
~1Y CU~~~~~~ICSIJ~~ E,tFJEC~ JUir~ 3~, ]961
11Zv Commies~on Expires: Not~ry Pu ic~ 5ttte d FloTidS
~ `r G,~U/L ~ ~ • _
_ ~ - FILEO ANO RECOR~OOK -t,:,: l~~ ,
- ' r _ t!t~r-_ : ,
. f . , . ` _ i: . ~~F~„'^" ' ~ . ~ , , '
, . , 5 ~ . ~3 . ft. ,
~ ~ ?'~`~~''85 S~P ~,~i-~~ -
. ~ q R .
~;r.. ~ ~=~i1i2~~, CLERK ~ BCClc~~~ 48t~ •
~ , ROGEF ~ ~ -
ST. LUCORIpOA NTY.
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