HomeMy WebLinkAbout1314 ~[«ya~. b wMt d[~eeel~wre oI tri~ m~rtp~s rr ~tLe~ te+r~er title t~ 1?e s~rtp~i ~p~rty ir aYtiapLlr~eat ~t tLe i~iei~
.a.... ..e..~ ia~a~,, .u a,~t, tiaa .~d iwtere~t .r t6e 11[artp~ u..a t. .w, i..ire.~ee ~j~iiei~r eie. ir r.rce .b~?u t. tia
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tkl ~~ef~, e~~7 ~itr ~d ~iie ?y e~ a~ e~er'f tL~ ~ti~w4tiNS, •pbea~e~u~ c~w~iti~ ud civer~N~ ir ~ pr+ri~ry
w~e ~i i~ tW i~e, ~et (~Ak
ZLe it .q .f a.ii wrr 1~..wq Lerti¦ eeter.d b wt pr.arpei a~ trll~ Mi~ w~dur Htt~eea iq. +KSt
l~+~w~r~ ~s a~d ~Leeaw ara a~wi ra~aW, «r J ere? ~wd every ~ ~tip~l~tiw. a~p~ erw~d+wr a~i c+reo~w d~id
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ae+i~ w eitl~. ~te a~t fdl l~et~eed. cwul~i~i ~riti ~rd ~ii~i `r~ t~e niJ a~epue me~ti+~sd ir
i[ ~Le
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s~es ~II bee~r~e dre aw~ r~a~le ~et?wit'~ sr tl~rerfoer u tbe oqiw t~e Alectp~se a~ fdl~ u~ e+~wplatel~ M
I~a u?1W ~ wrr d wta ~iwr~ Nte wa~ ~ripadlr ~tipal~tei t~ be v~id M ~eL ~r. ~~i~~ iw eria pnwiwr~ MM
c~t7 wrtwi~t~n~.
(i) TLac a~ .ed.r a aeodar.~e die ..aa~rec~ .f t6e i.de~ead.a.. ~erebr aeeand, b«,we «t ~ie t.il.oe .t t~e l[~ t~ pp
tuc. WerKaewt~ W?iHb. ~ilip~i~w w ereru~r~aee uprr ~aid reepersp, sr Ye~eu pc~vided~ it ~.Il wt be weeewaq K req~i~ite ewt
d~e nt~+et~Peee ol~ll fiett p~r tht wae.
2. T6e Mort~aee mar, at hi~ optioo, ~?nd witho~Yt wuv~'n~ hir ri~ht to acoelerate the indebtednar lier~br
secured and to fareclae tbe aame, pay eit~er bat'are or after delinquency ~y or alt of thae aertain obGptian~
reqair+ed by tbe terim~r hereo( to be paid by the Mort6Raar [or thc protccti~un af the mort~se ~ecurity or for the ooUeo-
tion of t6e undebtednew bcteby ~acnred. Atl sums w xdv~noed or psid by t6e Mar~a~e ~6all be char~ed into the
mortaaae account and beco~ne an iatesrat part thereof, subjact in all respecta to the te:ms, eaudition~, and oovenantr
oF tht aforaaid pramiswry nou, and thia mort~a~e, a~ Eully aad to t6e ~ame a~tent ss thou~h x p~rt oE the oriainal
indebtednes~ e~~idenced by said noLe and secur,ed by this mart6a~e, excepting however, that said sums shall be repaid
the Mortaa~e forthwith upoo ite den~a~nd s?nd be in :ddition to the resutar e~onthly inataitmeata provided b~ the
~nortg~ge note.
3. That the abstr~ct or abstracts af title coverin6 the Rlpttgs~+ed property slsall at all times, dur~a~ the 1Je of
this mortga~e. rwn~in in pw~e~sion of th~e Mortaaaee and in evcnt oi t6e forecloeure d' this martgr~c or otber traar(er
of title to the mortaaged property iu e:tin~uishment of tLe indebtednee' secured hereby, :11 ri~ht, tide and interest
of the hlart~~or in stnd to any s~+ch abstracta of tide shall pass to tl~e p~uchaser or grantet.
4. 'I'o t6e arteat of tbe indebtedaees of tbe Mort~agur to the Mort~a~ee descrihed herein or ~ocured hereb~r,
the Mortga~t u herehy subro~ated to the lita or liet~ and to the riaLLta of ihe oHnere snd holders that~eo~f of each
and av+ery mort6a~e, lien or other incumbra~x on tbe land described herein which is paid nnd/or satisfied,, in whole
or in part, out of the prooeeds of the loan dercribed herein ~r aecurcd hercby, apd the respective li~ns of waid mort-
~~es, licns or other incumbraaoe~, shall be and t6e same ~d each o[ tbem hereb'- ii }~reserved and sbiall paa to and
be held by the Mart~a~et herein a~ se.curitr for the iadebtedneea to t~e l~iortg~gee herein describ+ed or heraby secured,
to the ~me eztertt that it Mould have hetn preserved and would have heen pa~eed to wnd been hcld by the More~aa6ee
hstd it been duly andre~u larly assig~ed, transferrtd, set over, aud deli~~ered tuito thc Mortgagec by separAtt deed of
xi+eiEnment, notwit~standin~ tbe fact that tLe eame may bt satisficd a~nd eancelkd of n~twrd, it bein~ the intentioa of the
~,artiee hereto th~t the same will be satis&ed aad cancxUed of recard by the holders thereof at or a~out tlu time of
the re~ordina of thi~ mort~aae.
5. In the eveat the oamenhip o[ the mort~aged premi~ee, or an~~ part tliereof, becomes veat~d in a ptreon other
than tlie Mort~a~crr, the '_liortaa ee may, wit6ont notice to tl~e Mortaagor. deal with sueh sueceasor or auccxuon in
i~?terext wzth referenae to thie ~eed and the debt hertby eecured, in the sarne manner as N•iih the Martgagor witl~aut
in anr way vitiatina or dischar~ing t6e Mortgrtgor
e liability hee+eunder or upan the debt hereby eecnred. No eak of
ti~e ~?r~mieea hereby mort aard and no forbearance on the part a[ the '_Vtortgagee, and no extenaion of the time for tktt
paymcnt of the debt her+e~~- secpred gtiven by the Mart6a~et shall operatc ta release, diRCl~ar6e, modify, chan6e or alfcct
the ori~inal liability of tl~e Mort6a~or herein either ia w~hole or in part.
6. Tl~e lien of this deed stcure~ aad shall continue to eecure payn~ent of eaid indebteda~ees or indebtednesa,
I?AM~e~~cr evidenced, whctl~r by raid promiesory note or any renewa~ ac exteneion thertof or erYbatitute therefar, or
otietrwiae, until a11 euch indebtedntae sl~all have been full;?• paid.
In the event the mortgagors sel!, ronvey or transfer ~j1P mort~aged premises durin~ the life of this moi•tgnge,
then this mortgn~e shnll, at tl~e option of the ATortgagee herei»; Lerome immedintely due and payable for tl~e fttlt sum of
the principal bnlance and interest then due.
8. The terme °Mon~aor•• and "Mortga~ee" whenever used in this instrument nhxll include the heire, pereonal
rep~entativea, aucoeesora and sesi~as of thc re.apective partiee hcreto. Whenver ueed the Rin~ular number eh~ll include
the plural and thc ptural the aingalar, and tht uae of any g~ender ahull anclude alt geaders.
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Si~ned, sealcd and delivcred in the preeence of : ~~L v'.~jd/ ,
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STATE OF FLORIDA
COUNTY OF~t ss
ST. LIIC
Bcfore me pe ally appeared CALVIl~ LIICAS and R~A MAE LUCAS, hi~ wife,
° to ~ae well ka nd known to a~e to be th+e iadividus?le described in asd who executed thc foregoinE inetrument, xnd
~ ackaowled6ed fore me thai they axccuted thc same for the pu~rposee th~eerei~ ez ~ee~ed, ~VITNE5~ ray haad snd
oicial wat ' thc Cout~ty and Staee last afonyaid thi~ ~ 8th d~y of Oc e 1965.
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Mv Cammission Expires: ~ Notary Public,' tate of Flor' a
. : F{LE~ AN~ REG Rd ~ ~K _ ' " _
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