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1[Wt~apr. b rnwt ~ f~t~eel~wre ~t t6L m~tp~e ~r ~t~ tr~fer ~f title t~ d~s sKtp~ ~4ert~ i~ cstiapiVuneot ~l t4e i~deb•
edww Me~eei Merb~. all ri~t. dtle u~ i~terat d tbe Moet~~ i~ a~ w ir~~~nee p~l~eia~ t6e~ i~ t~ene ~haU pw~ u dn
wre~ K ~r~~-
lL) '1'~ ~eet~. a~17 ~ritr a~i ~ids MA ~i ersq tLe ~tiew~. a~nwe~ts, eai~itiw aaa e~reaub u wfd ~wiw~e7
a~te aed 'u tri~ i~ed ~et ~wil.
(i) 'lti.c it .t ..t~ wr .t o..q tierei. retee.ed u b. ~c.u~ls a.i t¦U~ ~.W Mi~ii. tiiteea i. .e~
dtec tLe wss Nwnll~ bee«sa~ d~s ~ Mrabi~. ~e it e~ei a~ ever~ dr ~tip~lati«n. aP~eemem+. cwdiaNS a~i e~rcww ~ Mia
a
p~ot~ ~te a~i ti~i~ aeed~ K eitl~ee~ are w~t f P~t~~oea. c+~Wiliei ~rit~ aei abidsi 67. t~e ~ai~ a~p~epte ~m~ ~neatioiei iu
I~,I~IQ
iv~~~~~~ NM ~iII b0l~1~! ~Q ~ Wy~~C N1bMlfk K t~lf'E~tlf ~l lb0 YptIN ~ t~Q ~Ofl~~E! i{ ~tII~ alld CNO~OIl~ ~
~n c~~ei~ t~ ~e eMtnr7 ~t ~d ~nai~~ wte Mrr wiP~l ~~~d t~ be wid •N we~ d~r. Wt`i~i i~ wi~ pc~iws~ NM
(~1 lbat i~ Kite t• aeedenee d~a maa~riq .t t6e iwdeLtei.e.. Lereb7 ~eeurei. bccawe .t tbe tW~ue .t tir Y«tps.e t• p w .
tu. we~ue~t, li~iil:t~. ~ilipti~ K eaewsb~aece ~pw sai~ ~c~peiq. y Lerei~ pnvided, it ~6a11 a~t be see~eMaq K e~ery~ite tWt ,
tbe a~~eisaeee ~a116nt p~~ tbe wa '
ee
2. The Mortaasee mar, at Li~ optioe, and withont waivi~ his riaht to aooelerate the indebtednas hereb~
secured and a foe+eclae ~6e ~a.~e, par either befate oe after ~quency aay or all of thwe oertain obliaatiooa
~reqaired b~ t}ie tecros 6ereoi' to be pud by~~t~6e M~
or for t6e protection d' tlre mort6aae ~ecurity or [or the oollea
the mdcbtednea Lerebr aecured. AU sumr so advanoed or psid by t6e Mortaaaue shall ba cbaraed into the
mortaa6e aooount and ba~wne an inte~ral part thereof, wbject ut nll re~pecb to the tern~s, oonditiwu, and ooveaants
of tbe afo~+esaid pn~~mu~~ory nota and tbis ~ a~ [ull~ and to the ~a~e Q~teat as thouah a part oE t6e oriaind
ri in
indebtedna~ e~-ideaoed by eaid note aad sec~red ~ thi~ mort6a~e, e.~oeptina howe~•er, t6at said enms shall be repaid
the Mortsaaee forthwith upoa iti demand and be in addition to t6e naular montWy iastallments provided by the
mortp6e note.
3. That tLe ab~tract or abstracts of tide ooverina tL~e mort6aged property sliall at all tima, durin the li[e of
Li rt~a~e,
tLi~ mo remain in powe~aioa of tl~e Mortaa~ee and in eveat of the foreclowre of this mort6aae or o~ tram[er
of tide to tbe mort6~~ P~Perh' ~~~t of the indebtednes.+ eecund 6ereby, aU ri6hy title and iaterest
of the bfort~or ia and to any such abaract~ of title shall pas~ to the pne+chaier or arantee.
4. To t6e extent o[ t6e indebtedueM of t6e Mo~o r to the ~ort6a6ee described Lerein or ~ecue+ed Lereb , `
t!u ~iortsa~ee i~ 6ec~eby wbro~ ted tn the 4m or Geas and to the ria6ts o[ the m.-nera and holden t6ereot of ea~
aad avery mortaa6e, lieo or other incumbranoe on t6e land dcscribed herein wLich is paid and/or satiefied, in wLole .
o: in part, out of tLe prooeeds of t6e loan de~cribed hereia or iecn~+ed hereby, and the respecti~t lieos of ~aid mort
aaae~, lieos oe ottier iacombrueees„ s6a11 be aad the aame and each oi tl~em hereby i~ preservai and shall paN to and
be held by t4e Mort6a~ee herein a~ securitp for the indebtednees to tbe 1liortaa~ee herein described or hereby ~ured,
to t6e aame eztcat tLat it Monld Lave l~een p=+e~erved and would have becn pa~eed to and been beld by t6e Mo~ee
had it betn duly and arly aNi~~ed, transfese+ed, ~et ov~er, and delive~+ed unto the Mortga6ee by separate deed of
assiann~ent, notwitl~~taa~' the fact that t6e same ma~ be s~tisfied and canoelkd of reoord, it bein6 the intention of the .
partie~ hereto that tbe saa~e ~rill be aatisfied and ca~oelled of reoord b~ t6e holders thereof at or about the time o[
the rrcordin6 of this mortaaae.
S. In the eveat t6e o+vaenhip o[ the mort~6ed Premixs. or an~ part thereo[, becomea vested ia a penon other
than d~e Mortaa~ur, tbe'~iort~agee may. withont notica to d~e Mortaaaor. deal with wch succdeor or aaeoeMOn in
iatereat N-ith nferenee to t' deed and the debt heecb~ ~ecured, in the aame manner as with the Mort6aaor withont
in an_y way ~~tiatin6 or dischar6in6 the Mortaa6or'~ liabilit~ herieunder or upoa the debt heerby secared. No wle of
tl~e premiees hee~eb mort~a ~ and no forbearance oa the part of tlte ~Vloriaa~ee, and no extenaion ot the time for t6e
payment of the de~ heerb~ secu~ed aivm by t6e Mortaaaee ahall operate to release, discl~arae, modify, chanae or a~ect
the ori~ir~al IiabiGt~ of tbe Mort~a~on c~rein eithcr in ~rhde or in part.
6. 'l~e lien of this deed secuns and shall cantinne to secare parment oi said iadebtedneae or indebtednde,
liowerer evideaoed, M?hether bq said promi~sory note or a~+ renewal or eztensioa thereof or substitnte t6er~efor, or~
otlierwiee, nntil all sach indebtedne~s ahdl bave been fall~ paid. ~
ne
7. In the event th~ moregngors sel~, convry or transjer the mortg~ged prt~rtises during the lif~ of this ~nortgage,
t/i~n this mortgagt shall, nt the option oj tht 1lfortgaget herein, Gecome immediately dut and payab/t for the fult sum of
th~ princi~ial bnlnnc~ nnd inter~st thtn due.
8. T6e terms "Mortaaaor and "Mort6aaee" wheoevet wed in this inatrnment sl~all inclnde the heirs,pe reonal
repm~entativea, wooeswrs and aeei~a of the respective parties henta Wherever used the Einaular nnmber sh~ll 'mclude
the plnral and the plural the sin~lar, and the use of any ~ender ahall include all geaders. ~
Si6ned, eealed and deGvered in the preseace of: (g~)
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STATE OF FLORIDA ~
COUNTY OF~Y
ST. I~C
Before me rsonally appesred JAG[ LBE aad S~R1S I.~, bi.s `rif~,
to me well kn and known to me to be the individnaL described ia and who ezecuted the fore6oin6 instrameat, and
adcnowled6ed before me tWit t6ey ezecuted t6e same for t6e purposes therein ezpreMed. qITNESS my hand and
o~cial ~eal in the Couaty aad State lait a[oraaid thi~ llth daJ of F~bruar~,
.'~j R. P,;rc~.{ a
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C_..;~,•.;;::J,I ~ IRES 1iiNE ~G. 1957 `y ~
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My Conuni..ion Expire~: -~~,3.d~,•----. Noar~r PnbGc, State oF Flos'ids
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