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Ildsrtppc. 1a erpt ~t (oreclo~ure ot tb~u ~uon~s6e or othe~ traasfet of titie te the m~rtprcd pc~pert~ iA EIUhS1M1t~I111t0[ O~ tIYE IN~lfM-
edser stxurod ~erebr. dl ri~Itt~ title and interest ~f iht Mottgssor ie aod to aar irunnce p~licie~ thea is f~rce ~hdl pw te t5e
Wre6a~ er ~rfN~e.
(1~) T~ pari~a~ eiapl~ ait4 ~rd ~bede br e+rc6 aed rrery t6a Mtipul~tio~r, a~reemedtt, e~aditiow and eoveuurb ia wid pranu~
n~te asd ir thir deed ~et tsrt6.
(i) Z~at i( arr ~t a~id i~ msney brreie referred tu be aat p~omptl~ md iully pai~ withi~ titteen d~7n ~est
dter tLe ~aise ~evardlr beeome~ doe aud p~yable, or if each and evcn tl~e stipul~tiwu, ~=reemenq, croditieer aad esveuanu ~ai~
W'Nri~r ~ota au~d tl~ deed, or either~ itre eot fullr parfr?rwed. co?uplie~' ~vitL aad abided by~ tbe wid ai~repu ~uw meatiootd is
~aid pt+miwry oote ~11 beeome d~e and p~rable torthwitk ar thereaftc~ at the vptioo e[ the Mort~~oe a~ [ullr and ~.mplaelr
if tl~e ~si~ ~~repee ~am of ~aid ptemiaorr note wM ori~inaliy ~tipulated te bc raid ai ~ue~ daf•, anythi~~ br Nid prc~wrr ~e
or 6~rain t~ tre coetrary notwit6staodia~.
(1) Th~t in ordor recele~tt d~e matnritY ~f t}x indebtedne~ herebT ~ecured. because of the i~ilure of tbe lll~ctp~~t t~ pay arT
tax, weueneat, li~bility~ ~bliptiM sr eneuu+brance upoa srid propert~, n hcreia provided, it ~halt not be neeeNarr K reqniuite t6at
the u~ottsa~er d+a!! &rN pa~ tl~e rarne.
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2. Tl~t Moet~a~ee inay, at his optiwi, and without w~iving lue right to acceterate the indebted~ }aereby ~
eecured and to foceclwe the ~ame, pay either befare or afUer delinque~cy any or all of thoee certsin obli6atiom
reqnired br tl~e teruu hereof to be paid by the Mortgagor for thc protection o[ the n~ortgage security or for the oollec-
tion o[ the indebtednex~s her~eby .ecured. A!1 aurae eo adva~ced or ~sid by tbe Mortg~g~e shall be ch~rged into the
mortgsge account and bei,~ome an integral part thcreof, aubject ia all reapecte ta the ternis, coaditione, aad covenan~
vf the aforesaid promiesory note, and thia mort~ag~, as fully and to the same extent ~s thaugh a part of tht otigaal
indebteda~ree evidenced by eaid note aad eecured by thie mortgage, e~cepting however~ that said eume shall be iC~lA2d
the Mortaagee forthwith upo~ its deniand and be in addition to the regular mont}tly~ iastalimenie provided by the 's
mortgage aote. ~
3. That tlie abetract or abatracta of tide coverin~ the mortgagcd propertJ- s}iall at all timta, durina the li[e of
thia mortga6e, remain in posret~ion ai the Mortgagae and in ~vent af the fareciaeure af thie mortga~e or other tranefer ;
of title to thc mort~aged property iu extinguiehm~nt of tbe indebtednees eecured hereb~~, all raght, title and inteteat #
of the hiort~agor in and to any s~ch abetracts of title ehall paas to the p+~rchaser ar grantee. #
4. 7'o thc extent oF the indebtedneew~ of the Mort$agor to the Mortgagee deecrihed herein or aecure~i hereby. ~
tt~c 1liortgogc~e is hereby eubrog+~ted to the lien or liene and to the rigl~te of tlie o~~-nern and holdera lhereof of tach ~
and evecy mort6xge, licn or other in:.umbrAnet on the Isnd described herein whieh ie paid and/or eatie6ed, in whok ?
or in p~rt, out of the proceede of the ~oan dcscribed herein or secured hereby, ancl the reepective liene of iaid more- -
aa~ea, liene or other incu~nbnncea, ehall be and the aame and each of the~n hereb~- is j~reaerved and shall paee ta and
be hr.ld by the Mortgagee herein as 6ecurity for thc indebtedneeu3 to the lliortgagee herein deecribed or hereby eecured,
to the eaine extent that it M~ould have been pr~eer~•ed and would have heen paeeed to and been hetd by the Mortaa6et
had it been duly and re6ularly aeai~ed, tranafern.~d, eet over, aud delivereti u:~to the Mortgagee by eep~rate deed of
a~i~ii~~ent, notwithatsndin6 tht fact that the. eame may be aatisfied and cancel{ed of record, it being the intention o( the
~~artiea lzereto that the aame will be eatiafied tnd cancelled of record b}- the holdera thereoF at or about the time of
the rrcordin~ o[ this mortga~e.
5. In the event the owneeehip of the mortgaged premisee, or any part tliereoF, become9 vested in a person other
than the Mortgagc?r, the '_1lortgagee may~, without notict to the Martgagor, deal with euch aucceeeor er aucceseors in
iueerest k•iih referenct to ihie detd and ihe debt htreby Becurtd, in the sarne manner as K•ith the Mortgagor without
in ai?y war ~-itiatin~ or diechar~ng the Mottgagor's liability- henunder or upcxi thc debt hereby eecured, No sale of
tl~e E~rcmieeR hereb}, mortgagrd and no forbearaa~ce ou the part of the '4Tari~agee, and nn extenaion of the time for the
~ayment of the debt hereb~~ secured given by tht Mortgage~e shall operate to releaee, diqcharge, modify, change or af~ect
t}te ori~inal liabilit}' of the Morrtgagor herein either in whole or in part.
6. T}~e lien of thie deed eecurea and aha!! continue to eccure pati~mei?t of Raid indebtedneea or indebtedneea,
l~owever evidenccd, whethtr by eaid promieaary note or pny renewal or exteneimn thereof or eubetitute thercfos~ or
otherwise, until all euch indehtednt~e9 ehall have been fulk paid.
7. I~i t)te ez~e~tt tlie mnrt~;n~ors sell, cor?z~e~' ur fr•a~is/c°i t/rc ~nnrtRa~erl prentise~ rlttrin,~ the life of tltis ntort~n~e,
then this rnort~n~e shnll, at the oplion of tlre ,ifnrt~n~r~e hervi», l,c°rrnne imnredintrl~~ duc n~td r~n~•able for tlie full strni o(
tlie ~rii~cf~ial lrnlan~e arrcl iri(erest the~t dtte. ~
8. The tertne "Mortgagor" and "N[ortgagee" whenever uaed in this inRtrument Ri~all include the heirs, persanal
re~~re«~entatives, eucceaeors and aeei~ne of the reApectivt pxrtiea herein. 'CVherever nAed the Ringular numher ahall in~clude
the ~]ural and the plural the eingular, and the uee of ang• gencier shall include all gendera.
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SiRned, ~ealed and delivered in tlie preeenc~ of: ~%~U~jl ~SF.AL~
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~ C~lLL ~~f""~~"{ /j~~~~. ~S€AL~
'ti..-C _ ~ ~J~.`.P_
STATE OF FLORIUA ~
~ COUIVTY aF ~ g'
ST. L~TCI~
Before me personally aPpcared I~TgTH41~IEL YELLY ead ED~1A MAE BELI,Y~ hie vife~
to me wel! known u~d know~ to me to be the individuale deecribed in aad who executed the fnregoin~ nneirurueut, and
acknowied6ed betore me that they rxe~uted tt~e eame for the purpa~eea therein expzes~d. WI'tNE5S my hand and
~ oAicial seai in the County and State lset aforesaid ihia 2Q~h de~y Of NOYBlIibBP .
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Mv Cotnmission Expiree: :Yot~ry Fu~tic, State of ' • ~ ` -
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