HomeMy WebLinkAbout1115 1[e~tp~re. Ii ~w~t ~t t~erebwue vf tLL m~etp~e ~r ~t~ v~ter ~t 13tb t~ dM ~tpwi ~ iw estLpi~ea~ d tbe iu~iarF
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i~ t~s M~ ~Ill~a q~~ ![MiMKT Nte Ma~ N~pY~h ~~Me~ f~ bE ~a M MC~ iT. M~I'1~~ V M~a ~fM1~M~fr IIM~
Ot ~w a~l~f~ MlMl~iO~y.
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Z. Thws Ddort~?~fee ma~?, at hi~ optioe, and wit6ovt waivin lw ri6ht to accelerate the indebted~en 6nceby
~ecured snd t~u foeeclo~e t6e s~a~e, par either beEore or after da~quenc~ any or all of thwe oertain ablisatiaoa
required by t6e term~ 6ereof w be paid by the Mortga~r for the prntection of thc mort~a~e aecurity or [or t6e coAec-
tina of t6e indebtedne~s bereb~ secared. A~1 sum~ w adva~c~i or paid by t6e Mortaaaee rhall be chara~ed iata the
mortpae accamt asd beoome an inte~ral purt thereof, rubject in ~11 respecer to t6e terea, canditionr, md curenant~
d the afonwid prwowi~~sory note, aod tlw moctaaae, ar faUy and to the saaie a~teat as tlaou6h a part of the ori~inal
indebtedner e~idenced by ~aid note and se~,urr,d by tbi~ moctgase, exoeptin6 however, that s+aid sum~ shall be repud
tlre Mnrtsaaet forthwith upon it~ demand and be in additian to tht reaular monthly inatailments ptovided by the
~nort~6e note.
3. T6at t6e abstnct or abstraetr of tide coverin~ the mort6a~ed property diali st all times, durin the life of
thia mortda~e, remain in pawo~ian of tbe Mort~saee ~ad in avent of the fars,+closure d t~ie zc?ort~a~e or a~r transCer
of title to the mort6aaed property iu ertin~u'sshment oE tbe indebtedneas eecured bereby, all ri~ht, t~de and interest
d tLe Mort~~or in and to ~tny wch sbsiract~ of tide ~hall pass to the p•irchaser or Srantce.
4. To tiwe ractent of tlwe indebtednws a[ the Mart~or ta the Mort,~agee de~cribcd herein or secue+ed hsreby,
tl~e 1liartp~e is her~eby wbro~ ted to t6e lien or liens and to the ri~ht~ of the o~+-ners and holdera thereo[ o[ each
s~nd e+~ery mort~x6e, liea or other incumbranoe on the l~nd described herein which is paid and/or satieSed, in whole
or in part, out af the proceed~ of the loan deicribed l~ertin or secured hereby, and the respecrive liees d said mort-
aa~es, lien~ or otl~er incumbnuoe~, si~ll be asd t6e eaare and each of tDiem hereb?• is preserved ~nd eh~ll pass to and
be held by the Mortaaaee hettiin a~ euurity for the iadebtedneen to thc 1limtgag~ee herein deecribed or htreby ea:nred,
to the eame eztmt that it Mould havc becn preserved and would have D~een paseed to and been hcld by the Mart6s~ee
had it beca duly and re~ularly aea~ned, traneferred,, ect over. a~r~d delivercd w~to t1~e Mortga~ee by separate deed oE
asei~unent, notwitlutandina the Eact th~t tLe eame may be satis6ed and cancelled of record, it beina the intentiou of the
l,arties hereto that the saane will be ~atisfied aad ca0celled of recard by the holdera therr.of at ar nbout the time of
the recordin~ of this mortga6e.
5. ~n t}te evcnt the ownenhip oF thc mort6aged pt~emi~ea, or any part tl~ereof, becomes veeted in a pereoa other
than tlie Mortga~r, the !1'Iortaa ee may, without notice to dre Mortgagor, deal with auch eucccsaor ar eucce~son in
iuteref+t K1th refee~et~ae to thie ~eed aod tl~e debt henby secured, in the same manner ae with the Mortgagor without
in a~iy way ~~tiatin6 or diechar~ng t6e Mortaaaor
a liabilit} hereunder or upon the debt hereby eecured. No eak of
tlie premieeR hereby naori6a6ed and no forbearance on the part of she '.Vlortga6ec, and no exteneion of the time for the
payment of the debt henb~- secnred giveu by che Mortg~gec shall operate ~o release, dixcharse, modify, change or affect
the originsl lixbility of the Mortga~or hereia either in w~hde or in part.
Fi. The lien of this deed securea and shall continue to eccure payment of eaid indebtednea9 or indebtedneee,
i?owevtr evidenced, whethtr by ~aid promiseory nute or aay renewal or exteneion thertof or aubatitutc therefor, or
otlrerwiee, until all such indebted~ ehall havc beea full~• paid.
In the event the mortgngors sell, convey nr trans/er tf~e mortgn;ed premises dc~rin~ tlie life of this mortgn~e,
t/~en this mortgaRe shall, at the option of the AfortgngFe herein, becnme immediately duc nnd payable for the full stun of
the principal Galance nrrd interest then due.
8. The terme "Martgaaor" and "Mortgaaee" wheoever used ia thie instrusnent sl~all include the heire, pereonal
repreRentytives, ducotaeors ~nd aseiRns c~f the reeptctive partied heoeta. Wherever ueed the Ringular number ehall inctude
the plural and the plural the sinaular, and the uee of any g~ender ahall inelude all gendere.
_ _ `
Signed, eealed and dtlivered in the pe~esence of: 4!~':''-~?-f ,G.._ . . _ _ _ - (SFr?~.)
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_ C C~-Gd-J~~C.- ~ ~~~27"'..-4'~C./.......-- • _ . _ ._....~SEALj
STATE OF FLORIDlI ~s•~
COU1~iTY OF ~
Hefore me reraonally appearcd Et~IE FZSH, an unmarried woman,
to mc well known and Irnown to me to be the ind'aviduals dc~cribed in and who ezecut~ed the foce~oing inatrumeat, and
' acknowled~cd before me tlaat they executed the same for the purpoece therein e:presscd. WITNESS my hand and
~ ~i`icial ~ea! in 4.ha County and State la~t afor~esaid thi~ 18 ~ d ay o~ 0 e t o b e r, 1 g~i .
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