HomeMy WebLinkAbout1238 1[.ey.~. L..~.t e~ t«+el.wrc ot ttii. ro..tp~e .t~r trader .t uEtis e. d~e .~twreip~p~~
r ia est;n~cm .t ~be i.~eM~
eiMrr Merrsi raei~. ~1! ddrt, title ~ud iaterat ~t t6e Karfp~+r iw rnd t~ a~~ i~so~ace rlicie~ t~es i~ (~~oe slwll pw t~ t~e
~ K ~e+rw~.
(1?1 T~ ~ef+r~. e+~17 ~ri~ ~rwi ~Iis b~ aci rrd a•err tlwe ~ti~?al~tl~a~, ap~ae~rerta. ewiiti+Nw w~d e~vewt~ i¦ wLd ~r~eciw++y
~te ~ i~ di isd rt t~et~.
(i! Z1~t if ar~ J rI~ ~ 1 ~«N~ Lerela re(e~re+ t~ be s~c pr~.~pd aMi teiU~ p~ii ~rie~ iliteen ~7~ ~st
rtte~ t6e w~~ ~nilr bee~a~ dw ~d Mnbla, K~ wei Md ever~ ~~tipd~i~. i{r+awaw. esrditiw a~ eevew~wb ~t ~aid
Ne~~ ~+~i dd dwd. K eieber. rre w~t trtl pertrr~sd. cwuPWi wtt~ and aWdMi br, d~e Mi~ ~prepta ~~r mm~ti«~sd i~
~aid ~r+~~we7 ~e ~Il bee~r~e dire ae~ Mrabk ~iet6witk K tbecea(ter at tbe optie~ d t?e d[ortp~ee a~ faU~ ~d c~mplatel~ M
it tiie ~ ~repM nn iet wid ~twrr r~te vn~ ~ripMlt~ ~tipula~oa t~ be vdd N saeL d~p. w~ii~~ ia ~aii p~~iwK7 Mee
I~sni~ b 1M e~witrntf Mt~vi~euais~.
(3) '~at i~ ~t~se t~ ~ee~larwe t~e ~r the iwdebt~ie~a 6erebr ~ecured, bec~we d tl~e (siltire d t4e lll~stppr t~ M7 ~
~+x. ~r~ewoa~t. W~ilit7. ~ilip~ N~t eacrwbrance up+w wid te+perty. ~ 6enie prcvide~ it ~6w11 n~t be asearar~ K reqri~ite tL~t
t6e m~ct~p~+e ~lt 6rM p~~ t6e i~me.
2. Tlre MoYt~~erc may, at 6ii~ optioo. wnd witLw~t waivu~ Ws ri~ht to acaelerate th~e iadebtednen 6ereby
~c~red and to foreclae t6e ~ame, pay eithar beFore or dter delinyuency an or all of tho~e certain obliaationt
requi~,ed by the term~ l~ereof w be paid by the Mort~a or [or the prntection ot ~ mort~aae ~ecurity or tor the ooUev
t,ioa of tt~e indebtedneu hereby ~ecured. All wena w a~van~oed or paid by the Mort~a~e shall be char~ed into t6e
mort~a~e acconnt md beeome an intearal part tbereof, eubject in ~Il czspecta to the ternu, conditions, and cavenants
of !be afore~aid prwniewry aotc, aad ibis mort~~e, ~u fally and tar t6e rame ~rteat aa thou~l? a part af the ori~inal
indebtedness evidenccd by said oote and aecured by this mortga~e, e~oeptin~ however, that said swns ahall be ~paid
t}~ Mort~a~ee focthwith upuo ib dttnand and be in additias to the rc~ular niantWy inetallments prnvid~ed by the
~nort~ae aote.
3. Tbat the abstract or absincts ot title coverin~ the mort6ag~ed property slixll at all timea, duxing the lift o[
thia mortaaae, mmain in pwreMSioa af t6e Mart~a~ee xnd in eveni of the foreclasurt o[ this rnortaa~e or other traasfer
of title to the martgaaed pcuperty in eztin~uishment of t6e indebtednese eecured hereby, all ri6ht, title aod intereet
of ti,~ bioK~~aor in ,~d w any .uc~ sbtncts of title shaU pags to the p~irchaeer or grantee.
4. T'o tLt extent ot the indcbtedntas oE t~~e Mott~sg~o~r to th,~ Mart~a~ee deecribed herein or secuted h?ereby,
the D'Id,rtp~ is hereby subr~a ted to the lien or liens and w the ri6Lte of tlu ohners and holden thereof of each
s?ud every mort~a~e. lien or otlier incumbraace on the land described herein which is paid and/or eatiefied, in whole
or in part, out af tbe psooeeds ot t~e loan described herein or aecured hereby, and thc reapective liens of ~aid mort-
liens or other incumbrrnea. shall be and the same and each of them hereb~~ i~ ~~reeerved and shall pa~s to and
be held by the MoR6a~ee iiereia ae security for tha indebtednesa to thc hlortgagee herein deacribed or hereby eei.vred,
to tLe aa~me eztent t6at it Mould 6ave been preserved aad would have !?een paa~ed to and bcen held by tht Mort~a6ee
had it beea duly and regul~rly assi~ed, traasferccd, eet over, aud deli~~er~ed m~to tlie Mortgagee by separate decd af
as~isument, notwithstandin~ the fact that the eame may be satie~ied and cancelled of record, it btin~ the intention of 3he
i,art~es hereto that the same will be satis&ed and caacelled of record by tht holdero thereoF at or about the time of
the rrcor~in~ af this martaaae.
S. In the event t~e ownership of the mort~ged pnynisee. or any part tlieeeoi, becomes veattd in a perwn other
than tlte Martgaaor, the '_1lortgagee may, withont notice to t~e Mortgagor, deal with such euccessor or eucoason in
iuterent N~th ret`erenct ta thie deed aad the debt hcreby securtd, in the same rnanner ~?a with the Mortga~,or without
in any way vitiatinb ar discharaing the Mortgagor's liability htreunder or upon the debt hereby eecured. No saie of
tlte premieta htreby mort a~ed and ao forbearance on the part of the !1'[ort~agex, and no exteneion of the time for the
paymcnt af the debt hee+e~~• secured given by the Mort~asee shall oQerate to releax, diac}~arae, modify, chan~e or a1[ect
the orig,inal liability of the Mortga~or herein either in w~hole or in p~rt.
6o The lien of thie deed aecures aad ahall continue to secure payment of said indebtednese or indebtedntae,
fiowever evidenccd, whether by said promiseory note or any renewal or extengion thereof or eubatitute theer.Eor, or
otieerwiee, until all such iudebtedne~ ehalt have been full~• paid.
7. In the event the mortQngors s~ll, convey or transfer tire mortgnged ~iremises dtiring the life of this ntortga~e,
then this mortgn~e shall, at the option of the RTortgagee hereirr, becorne :mrnediately due a~zd payable jor the fc~ll sum oJ
t{re princrpal balance n~td i~iterest then due.
8. The terme "Mortaa~or" and "Mortga6ee" wheuever used in thi~ instrumcat ehall include the heire, pereonal
repre~enurtivee, aucoeesors and sesi~aa of ihe reepcctivt partiea hereto. ~Vhtrever ueed tlie Rin~,vlar number shall include
L4~ plural and the plurnl thc sinaular, and the uet oi any gender ahall include sll gendere.
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Signed, ecaled and delivered in t6e preeence of: - . _ . (S~.)
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r~./~`-!I-rr.t;.~k ~.i~.izCl~jC.::........-- . . . _ . _ ..............(SBAL~
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STATE OF FLORIDA ~
COUNTY 4F~c sg
ST. I~CI
Before are perw~lly appeared IAIIISE P. HARR~S, an un~arried Koman,
i to me well knawa snd known to me to be the i~dividuale de~cribed in and who executed the foreaoiag inatrumeait, Rnd
~ ackamvled~ed be[ore me that they executed the eame for the purpoeee thenin espre~sod. ~ITNESS m~ hand aud
a~ici~l ~l ia the County and State laat aforeas~id this 24t~ day of Septemb ~196~.
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N i J~~, , z:
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ARI. R. AVERY .....~1/C~,~--~~--~-
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~OTARY PUBLIC. ST4TE of FLqRiDA at LAKCE ~''/v ~
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N'~ ccn~;~i~s;o;~ EXPIRES JUNE ~o, i r Nocary Pubiic, Scate of F
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Mv Commiesiau Expires: ` ` -
RDED ~ ',~J'-; =
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, RO~~= ~ ~ir~~:t~~UNTY. BOOK
, - . ST. F~ORIDA
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