HomeMy WebLinkAbout0452 ' , s-'~'1
ed~~i~ewiL Y~ ~~+t ibL msrtp~e w MLsr tr~rdee ~t lide t~ sis r~tp~ 7 ir eYtiapi~eat ~f tLe ~wieM•
7. d~it. tetle ~ni iatere~t ~t tirc b(ertp~K ia a~i t~ a~r i~wrs~ee p~i1~
ei
~ ti~ew iw t~ree ~ll pw t~ tre
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MdKrr. er¦~i~ wilr a~i aMi~ ~re~ ar~i ewrf tre RiNal~s. aRee~~w, ewiid~ s~ c~vear~Ar i~ wid pt~ai~~
w~te aw~ i~ tli~ i~i Nt (M~.
( i) 1Lt if aq ~f wii sr~ ~w~ `eerir ,rtan~ w b~ a~tN~1~ ad td17 Mw M~ lliteea i~r ~s
dler tia MNe~lb ~ec+~rr ir~ a~1 r ~r it ~ a~i ~raef W~w1M~iMS:. a~r+ craditiww ~1 are~u~t ~f ~sid
pre~iw~~ ra a~i dis iMi. K ei~rr. are~ M+f~n~. o~ii~i .rit~ ari abW~ y. ~be Mid a~ue ~oewtioeed iw
..id ~iwr~ ~Mr idl NarM ie aw~ N~ai~le ~~e~wi1~ ~r tbee+e~Ree ae tbe eNaw d~ie AI«t~,.~ee ,w t~[I~ ~nd cNOpletelr r
;t t6e ..ii ..w~ .r ~.r.~i...~T .na. .ei~.ur ~ti~wlMSi t~ be n.ta a.r, +~wrii~~ i~ .~ia p~+~.~r .w
o~ hereia b~e~f~t= ~Mwidrhriir~
( j)'lbrt i~ ~rir u see~i~~1e ~e ~arit~ ~f ~ie iw~a~Miw La~e`y ~ea~r~ei, becaMe tM isiltire d tis Y t~
t~. a~es~r1, ii~ili4. +i~li~ ~r eae~raa~ rPw ~aid /nMK7'. a~ ~ wie~ it iLl! nat be ~NNr M7 ~7
tl~c n~ilp~ee itU ietR Nea ~r! ~r r~i~ite t6~t
Z. The Mocl~~ee mar, at Li~ optiar, asd wit6oat waiv~' his right to acoelerate ~u indebtedne~s 6ereby
•ecured snd to fa~reclo~e tLe s~tre, P+iy eitlrer befare or sfter delinqueney aa or all of those oertain abliastiom?
reqaired br the t~. beY+eof to be paid by th~e Mo~~a~ for the pr+oeeccion a[ ~ moet~a~e eccurity or [or tbc collea
tian of t1~e iodabaednas hereb~ ~eratred. AA wrnr ~o idr~~aaed or paid by t6a Mwrt~x~ee shali bt charg~ed into the
mo~a~e aoconst aod beoase a~ i~te~rsl part thareof, wbject ia all re~pects to tLe temr, oondition~, and caveaanta
of t6e doreMid pr~i«w~ocy aotq .nd t~~o~e, ~a fnUy aad to tbe ~arr~e est~t ae thouah a part of the origoal
isidebtedaeM evidenced by said noee aed ~ecae+ed by tIw ~rort6aac, exoeptin~ l~oweve~r, that said sums shall be repaid
the Moet~a~ee fo~thwith upoa ib denu~nd and be in additioa to the rc~ular mo~thly installments provided by the
~nort~g~e aote.
3. T6at the ~Stract or abrtracta a[ title coveri~a tLe rnortaa~ed Property sLall at alt times, durin~ the 1'Je of
this mort~~e, remaia in porreMioe of' tl~e Mort~arqee aad iu evcat of the Coreclosure of thes mort~a~c or other tr~asfer
of title tn the n~rtaa~ed property iu e~rtin~ui~h~oent oi thc indebtednwe secn~+ed hareby, all ri~ht, title aad interest
of tbe Mort~or in and to aey s4tb ib~tract~ of title ~hall pass to the p~ircha~rsr or ~rantee.
4. Ta the exteut of t6e indebtedoeM d tbe Mort~or to the Mort~a~ee deecribed herein or secured 6ereby,
tl~e ~liozt~ae ie hereby ~ted to t6e lien or liens ~nd to the ri~ha d ttse ow-nere and holdere thereaf oE each
und every ~aot~t~x~ee, li~ oe r in~nbrance on tbe laad dexribed htrein which ia paid aad/or satiafied, ir rv6ole
ar in part, o~t af the prooeaclr af' tLe loaa dercribed I~ereia or accve~ed her+eby, swd the reapecdve licaa d s~id mort-
6aa'es+ lia~ oe other inccu~rbranoa, sLall be asd tLe aame add each af them hereb~- is prea~rved and shall pa~s to asd
be held by tbe Mort~asee hereia a~ aecnritp far tLe iadebtednees to the biort~a~ee herein deecribed or hereby ~ecared,
to the sa~ne extent that it wauld I~ve beea pre~rved aad would have t?e~en psMed to a~d been held by tbe Mort~~ee
had it been dnly and larly swa~ed, traasferrbd, set over, and delivered m~to the Mortaa~ee by eepsrste deed of
xeai~inent, notrfid~na tbe fact that tbt same may be satisfied and cancelled +af record, it being thc intention o[ tLe
partiee hereto that tl~e sam+e ~+ill be qtisfied aad caactUed d record by the holden thereof at or about tha time of
the rrcordin~ of thi~ mortaaae.
5. Yn the cvent the ownenhip of the ~oort~a~ed prexnisen, or ~n~• part thereof, becomca veated in a person other
than t1u Mort6a~or, tbe '_linrtaagee mxy. witlivut notece to t6e Mort~a~or, deal with such aucccaee~r or aucce~ors in
intereat wlth refereaoe to thie deed and the debt bereby secured~ in tht eame manner as with the Mortga~or without
in any e+ray vitiatin~r or disebar~in~ tLe Mort~aaor'~ liability tiereund~r or upon the debt hereby eecured. No eaie of
tlie pr~~ises het+eLy mort a~e(I in~ no Corbeatance ou tlle part l~ t~t ~'Iort~,a~x, and ao extenaion of the time for the
paymcnt of ibe debt he~~• secured aivcn by tht Mort~s~ee shall operate to re]aast, diecl?ar~e, modify, chanse or alE'ect
the ori~,inal lisbi~ity of tbe Mart~s~or herein either ia w~hok or ir~ part.
6. TF~e lien of this deed ~ecurta aad ahai! eontinne w secure payment of eaid indebtednese or indebtednese,
liawever evidtncxd, Mhether hy said promiswrY note or any renewal or exteneioa thercoi` or eubetitute therr.for, or
otlierwise, nntil all snch indebtedne~s ahall have been fnlh paid.
7. In the, event the mortgngors stll, convey or trnnsfer the mortgaged premiscs disring the life of this mortga~e,
then this mortgage shall, at the option of the Mortgagee herein, become rmmediately due and payable for the full sum of
the principal balance and interest then due.
8. The terrne `~Mort~a~ar" ar~d "Mort~a6ee" wl~eaever veed in tttis inatrtsment al~xtl include the heire, pereonal
repreAents~tivea, suoee~ora and sesiFus af the respective puties heret~. Wiurever used the ein6ular aumber ehali include
the plurx! and the plural Lht aiu~ular, and the uee of any ~ender ahall include aIl genders.
.
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Si6ned, d deliveced in t6e presence of: ~
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STATE OF FIARIUA ~
COU1'dTY OF~C
3T. LIIC
Before n.e perronally :ppe,~red S8'~&ST T. GBI~I3L~Z at~d RACHEI~ GBI~~1', hi¦ ~ii~,
~ to me wail kau~va ar~d tnswrt to me to be tLe individaa~ de~cribed in and who e~ecuted the fan~e~oia6 ia?strameat, ,end
a~ekuowled6ed before me t~t they ea~autea t}k same tor the purposw t6erein expreo~ed. FTTNESS my hand aad
' o~ci~l ~eal ;n tLa C.oanty snd Stace lart af 17th d~ of ~u~pt~b~r, 1965. .
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Fll. 1Si$~~~~ 800 : .
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Mr•. _,o~mniwiast Ex~irc~: . O NMary Pablic, State ~f plo~rida " -
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