HomeMy WebLinkAbout0531 M~tppr. Iw e~aM d f~eeebwrti of t6~ mert{e~e K stb~r ti~f~ ~f title t~ d~e rwrtp~sd prMertr ~R EII10~~61M1 Y~ LbC iudeM-
adws ~r~i Verir. all ri~6t, tide ~rd ioteze~t t~c Msttp~K ~w awd t~ aq irwnree wlieie~ ebea iw tsroe ~hail pw ts t6e
~e~eL~r~r RrMe-
l6) T~ ~ae[~na. e~pi7 wid~ a~ ~biie ~rdi a~ eree~ tl~e rtipat~tiw. a~preea~eMa, c~iiuwr ud cwcoyts ia wid pr«awMr~ .
n~te awd i~ tY~ iM~ ~at (~ali.
( i) Tdt i~ 4yr d Mii w~ d eaMe~ ~ecei~ rders~ t• M w~ pr~~t! awd tdl7 ~+~i IIlteen d~r ~ext
daec the Mr~nil~ ?ee+~u~ dre a~ M7~ilr. K i~ e~i a~i e'rery' ~~ip~IN~i~w*. rp+ee~e~t+. eeediti~ ui e~ve~rw rf a~id
pro~i~r7 M1s ~i ttili~ d~s~, ~r ej~er. are ~a~t f~11~ paf~e~sd. ewr~li~i wisr aa~ abidsi br, tie s~id a~p~epte •w~ mewti~aed is
rrid p~i~t~ ~v~ i~U `e¢~rr~e dre awa p~~kk f«traitk ~r tbersaGer ~t the upti++~ ~f t~e Mort~tr~ee r twll~ and e~mpletel~
i! t6e ~+li ws ~f wid ~i~ree~ wNe wa~ ~ripadlr ~tipd~tei ta be p~id N weL d~y, awrt`i~` ir qid p~iwrf ~e
or herais ur~eNtr~r~
l1) 1'!wt i~ ~rder u~e~wree t~e mrwrit~ ~E t6e iwdeMei~ew ~ecnred, beea~ne d 1Le fail~ce d~s ~lKip~ b N7 ~7
tu. ~ne~t. liriliqr, ~lipti~w ~r wcwwbrsnce uww w~i~ ~npertY. ~r bcrei~ pwvide~ it ~sil a~t be oeeewry ~r reqri~ite t6~t
thc u~~ty~~ee i~il 6nt pq t6e ~ame.
2. Tl~c Mort~yee inay, at lw toptia~, aad witbont waivu'~ liis ri~ht to sccelerate the iadebtedaeu }~ereby
secaced and to foreeia~e t6e sr~e, pa~+ eitber beforc or after deliaqwes~cy au or :11 of t6o~e certaia obliaationa ~
requie+ed by t6e ters~r hereof' to be ~ud by t6e M~ for the protcction af ~ mortaaae socurity or [or Lhe oolleo-
' tion oE the ~ heeeb~ ~ecured. AU sums io xdv~an~ca~ or paid by the Mortlt~age~e ehsll be chu~ed into the
~ mort~ae account aad beoome an inte~ral part thereaf, subjeet in ~11 re~pects to t6e terms, conditiona, and covenanb '
~ of the a[aresaid prumie~o~ry note, ~td tbis ~ as fn11y and w tl~ ~me ~ttent aa thouah a part oE the ori~.iaal
indcbtedne.~~ e~-ideneed by said note aud se«red y this a~ortga~e,, exccptin~r, l~wever, that said eums ehall be rep~id
~ the Mort~a~x forthwith upon ib demand and be in addi~ioa to tht reaulsr nioathly installments provided by the
' mort~ge note.
1 3. That ihe abstract or abstraets of title ooverina t~e mort~a~ed property aLall at all timea, durir~ the li(e of
~ ~ ihia ~nortga~e. remain in poMewioo of the Mortaa~ee and in evcnt uf the foreclowre of this mortga6e or othcr tranifer
~ of title to the nwri~aed peoperty iu e~ctin~uirhment af the indebtedtKaa ~ecared hereby, a!I rig6t, title and intcrcat
of t6e hlort~a~or in and to asy s~.ch sbstrsctr of tide s6all pass to the pn~+c5a~er or grantee.
k 4. T'o the ettent of t4e indebtedncw nf the Mort~or w tbe Mortgsd+ee deticribcd hereut or aecured hereby,
' the 1liortgaeee ie herebf rogated to the lien ar Genr stid to the ri~hts o( the oH-ners and haldere tltere.of .Qf each
~ and ev~sry mnrt~aae, lien ~ other iacumbraucc ua tlre land dexribed hereia which ie paid and/or eatiaSed, in whole
or in part, aut d' the pt~ooeeds uf t6~e loan de,rcribed here$ta ar accured hertby, s~nd thc c+est?ective licns of s+ud mort-
gage~, lie~ or otl~er iacu~branoe~, shall be and t6e same and each of thcm hereby u preserved and ehall paM to and
e
~ be heid b~ t6e Mort~a~ee hereiu ~ eeavrity for the indeM~ednesx to the Aiort~~ herein deecribed or hereby ~ecured,
to the same extent tbat it Mould have been pe~eeerved and would hav~ been paased to and bcen held by the Mortga~ee
~ h~d it bcen duly and re larly a~sianed, trawfern~d, ~et over, and delir-~rexl w~to t~ Mortgagee by e~parate dced of
assi6ntn~nt, notrvitwtan~n~ tLe fact thxt tbe earne may be aatisfied and caneelled of record, it beiug the iniention of the
I?artiea hertto tlutt the same will be satis6cd and canceUed of record by the holden thereof at or about the time of
the recordin~ of thi~ mart~a~e.
S. In the ~.eat the awnenhip of the rnortaaaed premix0. ar xny- part thereof, becomea vested in a peraon othtr
than tlie Mortga~ar, ihe '_11ort~a~et mar, withoat notice to du Mortaa~ar, deal with euch aucceeeor or Pucceeson in
i~~tercxt w~ith reEet+emae to this deed and t!k debt bereby secured. ia thr ~ame manner ae ~vith the Mortgagor witbour
in any way ~ztiarin~ or dischar6ing the MatKga~or's 1'ubility hereunder or upon the debt hereby eecured. No eale of
tl~e premisen htrtby mort a~ed ~nd no forbe~rance oa the part of the !Vionga6ee, and no exteneion of the time for the
paynient af the debt her~e~y eecw~red given by the Mott~a~ee sliall operAte to releaee, di~cliar~e, modiCy, chanae ar affect
~ the original lirbility of tht MoRga~or herein eit}~er in ~r6ole or in part.
~ 6. T}~e lien af this deed secuces and rhall contiane to ~ecure payment of s~id indebtedneae or indebtedneea,
Ixc?wtver evidtaced, whetl~er by raid pramiNOry note or aay r+tnCwal ar txtensian ihereot' or eubetitate therefor, or
otlierwiee, until all soch iadebtedtra~e e6a1! have been fnlh paid.
In the event the mortgagors sell, convey or transfer ti:e mortgaged premises cit~rin~ the life of t)iis mortgn;e,
~ then this mortgage shall, at the option of the hiortgagee hereir:, becnme rmmediately due nnd payable for the full sum of
= ti:e ~rincipal batance and intertst then due.
~ 8. The terme "Mort~a+or" aad "Mortgaa~ee" w6enewer wed iu thie iaatrurnent al~all include the heirs, personal
reprewentativee, sncoessora and aasi~os of the reapective parties hereto. Wherever ueed the eingular nunaber ehall i~clude
~ the plural and the plural the sen6ular, and the uae o[ any ~qender shall include al) ~enders.
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Si e eealed and deLvered in thc reaencc ot: . s 7
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~ v.~-~_. . ..C~.. - _ / _ . . -(S~u.)
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:~~G'.?r~G~~
STATE OF FLORIDA ~
COUNTY OF $
Bciore me per.ooail~ appeared CI,AUDE D. JAM$S, a sing.le aun,
; to me wel'1 kr~awa and tao~wn to me w be tl~e iatlivideaale dacribed ir~ and who executed t6e for~e~oin~ instrum~at, ~nd
~ ~ acknowled~cd before me tbat they ezecuted tbe oamc for the purpo~ea tberein expreMed. ~GITI~iESS tny 6~nd and
~ ' oieial ~eal in tLa Co~mt~ and State last ~~onsaid t6i~ 17th- of S~pt r~ 19fi5.
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i ~*Y MlUC STIITf n1 FIMt?^ ~ .............:.....~~'~.i-:-•--•-.• .
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MY C01iMiSSIOM EXFIRES NOV. 1: , , . : , .
~pMKD TNROVOM FIIG~ 1N. GILiTL~MORBT " ~
Mv, ('.amtr?i~+svp Ezpiras: N~! _ ,vG ~ ~ ' r• : ~
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. _ ~jtv rueuc srar~ c _ ~ . , ; I ~ C ,
Gf)MMIISSIOM EXPIR~S` N~.. 136d L!G~'~"~'' •
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~ . , icw~C~ TH~ouaN FRED w. oiebreu~o~s~ ' Au • ~ . .
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- ~ ~ ~ ~'f. _ ROGE%' i t~~S, CLERK ~
ST. ~UCIE ~~3tlNTY. 0 R 1~ 5~.7~
. • FLOlRIDA BOOK
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