HomeMy WebLinkAbout1217 l[wtpNr. Ia~ wwt ~f /W+¢l~wr~c ot tki~ m~rtp~s K etl~er v~er d titL~ t~ ti~e ~aiti~rsi ~ert7 V a:ti~lr~e~t d t`e i~~a~
ad~r~ Newri wrai~, otl ri~t, dde ~wd i~tereit d the A[~rt~e u~d t~ w iw~e~ee rl~+ tl~ i~ tKOe ~!1 ~w t~ 1ie
~wee~ +e re~we.
(rl T~ /Nfww. e+nl17 ~?qb Md ~iie Meb ard e~er~ t6e ~wl~rti~, yrrerraw+ e~iiti~ a~~ t~raewr i~ Ni+i K~wi~7
.~e ~i i~ t~is i~ei ~et
(i) 1tit ~~~i Mi~l ~t a~~wey Leeeir ratarrei t~ be s~t Pro~d ~i frlll l~ii wit~ !lttees ~ri ~
~ftor t6a ar~ ~w+csU~ `ee~aua~ d~e a~i Nysbb, rr it wd~ awd ewc~ ~~tip4ti+r. cMaitiws ~ e~ve~M~ d ~t 1
~++rirwe~ MIe a4d dd~ as~d. K eitl~er. ~re ~t (all7 NaiKmed. e~li~i wit~ asi ~bQid i?y. tie wi~ +~pre~rie iwarti~i i~
.aid pr+ee.lwry ..le .L.II b.c«re dre .wd p.~aWs I.et6.vitL .r t~cre~Jeer u t6~ vpi.. .i tre ~[orqr~ee a~ tdty r.d e.mpktaly a.
ii ~4 ~a~s ~aii ~srrrir~r ~te wM ~riipMilr uiprlt~ei t~ k v~d M ncl~ i7, .~7~i jt Mid pw~iwe~ ~Ns
~r I~s~ir e~ 1V cwMr~ Mt~ritdt~wai~+F
(i) 1'6.t jr .rier a~ccderae tre swt.rit~ tLe iadeb~ ?erebr .oc~ved. bec.w~e d ~be tail~u~e .f d~e Y«ya{.r a rr w
tuc. ~ewene~t, li~ilit7• aYip~ ~~r e~auwbranse up~ ~d ~perty, ~ 6ereL pr+vided, it ~lu~11 ~t be eeceMan K rsq~ti~iee t?~t
the m~ttsa,de dNl1 6rIR p~7 t6e iw~e.
` 2 Tlre Mort~a~ee mury, ~t iw optiar, and witlhaut waiv~ hir ci~ht w acaislerate tLa indabted~ het~eh~?
~ecured and to fae~eclae tbe sa~ne, pay either befoce or sft~or delinquenc~ a~ or all ot tho~e oeyrt:in obli~ation~
a ec
reqnired by t6t terar hei+eoE w Le paid by tbe Mortgi?awc for tlie protcction d t mortg~c ~ecurity or for t~e ool~ea~
tion o[ the indebtcdne~s lree~eby aecure~d. Ail sunr ~o advar~ced or paid by t6e Mort~a~ee ~hatl be ckar~od into tl~
mort~a6e sccount sad becotne m inte6ral part t6ereof, subject in xll respects to the terms, conditiw~, and covenaata
of t6c a[o~id promiswry notc, aad this mort~~e, a~ fallr and to t6e samc ~rtent +ia tlwuah • part of tlze oriainal
indebtednca~ e~-ideneed by said note and eacured by t6is mort~t6e, cxoeptina huwever, that said eums shall be repa~d
t~e Mortaaget fwthwith upon iis deruand xnd be in addition to the re~ular a~~anthly instalLntnb prnvi~dad by the
inort6x~e nute.
3. T6at the abstract or tbstrscts tiilt ooverin~ the mort6aged propert~ iLal! st all time~, d the lite of
this inortga~e, mmRia is pw~ersion a~f the Mort~a~ee and in event oE the [aneclosute af this mort~a~e or~a~tr traader
of tide to thc mortgaaed property iu eztin~uisluneat of th~e indebted~nesa ~ecured 6ereby, all riaht, tide and iatereat
of the biort~a~or in and Lo my s~.~h ab~tracta of title +hall paes to the p»rchaser or ~raatee.
4. To tht extent of tLe iadebtednw d t6e Mort~asor to the Mart~a~ee dt~cribcd hertin ar wecur~ed beceby,
t6e Aio~rtg~~ee u hereby subro~ated w the lien or liea~ and to the ri~hts of tbe o~.ners and hnldera tLereof of each
Aad every mort6aae, lien or ottier incwabrance oa the land described henin which ia paid and /or s~tieSed, ia wLoie
or in part, rwt of iht prooeeds of t6e loan de»cribed herein ar wxured l~ereby. and the respectivc liena d~aid ~nort-
as~ea, lieau or other incumbranoe~, ~hall be and t6e same snd each of them hereby- is preserved and ~6a11 aM to anrl
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I~e held b~~ the Mort~a~ee herein a~ security for the indebtedneae to the biortgagee herein described or h y~eeurad,
to the aame extent that it Mould ha~e been preecrvcd md would have heen paaed to and been held by the Mo~t~aaee
h~d it been duly and larly a~a~ued, tr~w(en~ed, eet over, aud deliverad au~to the Mort~a~ee by ~eparate deed o[
;u+~igzunent, notwithst~i~ tht fact that the sAme may be eatis&ed and cancelled o[ record, it beina the intention of tht
i,artiee heroio that the aame will be ~atas6ed and cancelled of record by the holdere thereof at or about tht time of
the rrcordina af t~ir mort~a~e.
5. In the evcnt the ownership of the mortgaged pt~cmi~es. or any- part tlitreof, becomee veeted in a penon other
than tlie Mortgagor, the '_1lorxaa ee may, withant notice to 1~e Mort6agor, deal with such succc~sor or eucoe~son in
iuteregt K-ith refere~ce to thie ~eed and tht debt hereby secared, in tht eame mannec ae witF~ the Mortga6or without
in any war ~~itiatina or dischar~ing the Mortga6or's li:bility her~eunder or upon the clebt henby eecured. No sak of
tl~e ~remiees hereb • mort a ed and no farbearance on the purt of the '_V[ort~aaee, and no exttneion ~?f tht time for the
p~yri,~nt of c1,e de~t here~ ~secured given by tht Mort~agrx shell operate to rtlcase, diechar~e, mudify, ch~n6e or al~ect
the ori~inal liabilitj• of the Martga~or herein either in whde or in paR.
6. The lien ot thie deed sccures aad ehal! eantinue to secut+e ~ayment of eaid indebtedneaa or indebtedneea,
liowe~er tvidenecd, whether by said promissary note or aay eenewal or extensian thereof or aubetitute therr.for, or
otlierwiee, until all sach indebtedne~a ehali have been fulh- psid.
7. In the event the mortgagors sel~, convey~ or trar~sJe?- the ~nortgaged premises during the life of this mortga~e,
then this mortga;~e shall,Ql ~~tp OpLtOfT Of ~jiC Mortgagee y+erei~~, Gernme imrnecfiately due and payable for the full sum af
the principal bnlanre nnd interest thtn due.
8. The terme "Mortsxgor" and KMor~~~aee" whenever used in this inatrument a1~YlI includc the heirs, pereonal
repreRent~tives, sucaeeeors and aesi~ns af the reepaetive partiee hereto. Wlticrever nsed the ~ingul~r nnmber ahall include
the plursel and fhe plural the sist6ular, and tht ude of any gencier shall iaclude ali gendere.
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~igned, eealed and delivered in t6e preeence of : _ . . _ _ _ _ ` . _ - _ ( 58Aa.)
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- y~~`~l'~' _ (S~?~)
j~:~~. ~ ~ ~ r~-~~-~~ . . . _
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STATE OF FLORIDA ~g
COUNTY OF ~:8x
ST. LITCI
Before me perwnally appesred lifILLIE DIX~i and MAPtDY GILB~T DIXON ~ hf s y+i.f~e ~
~ to me well known snd known to me to be the individuale dcscrib~ed in and who e:t+ented ihe farc~nin~ i~xsiru~t, and
ackuowkd6td be6ore me that they executed the eame Eor the purp~ses Lhecein expreised. ~ITNESS ~c. b?and and
oirial seal in the Couraty and State last aforesaid tlua 24th day of Sdpt er~ ~965.
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' N,~tRL' R. AVERY
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N~TtiaY PUB~_I~", StnTE c` fLQRIDn at LARGE / - ` ' -
~;S~:sstt!?~~ ~'r CAM'diSSiG~i EXPiRES 1UNE 30. 1387 1 ~ _
~I.;~:~wr~d'`.•~z iree: . . Notary Pubiic, St~te ~ ~ ;ci
, y ~-p Ff ~~~~Ca~ RDED ~la~• '
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, . . . a 0 0 K ~ :
. ~ ~ : ~ a.~~t .
~ .'65 ~'"T I 5 ~"~1 ; I: I 3
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~ ~ ; ~ t;i_~r~,f< ~ R ~~c7
. ' tiT. ~ ~_,f~~ ~.GL'~J i Y, BOAK . 18
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