HomeMy WebLinkAbout1037 Our Tii• ~1-13 246 ~
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ll.np~.r. L er.~t .f t.eed..ara tbL m.~tp~e .r .tber u.M[er .f title e• ebs ...tp~ei iw estiw~.i~t,rneat .t ~Le ~.ie~
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edweN ~eeiu+i ?~6r. ~11 ri~6y ti~k ~si ~stere~t ~f t!?e Nutt~sK iu rd t~ ~a~ i~srruoe Ml cia~ t6e~ i~ t~ee ~i11 ~ t~ t?e
~c6wr ~e ~r~Ne-
(`1 ~at~. e~17 ~i1l~ a~i a4i~e d~ ae~ a~i evs~ tLe ~ti~aladw. aReere~b. e~a~iti«M w~ c~vea~ ia saiJ ~«wiw~t7
n~te L t~i~ i~ed ~et t.eti.
li) TbM it w~f w~ ~w ~~a~M~ bet~L t~eta~rer t• re sd K~ aw~ Mi~ wlt~ tltteea i~r ~t i
dter t6e ~aes Nv~sil~ beaoN drs aw, N7able. K N e~e? ud even ~ stipdatiw. a~ecets. e~aditi~ a~i nvea~w ~f'wi~
pnmi~e~ Nte a~i tri~ ds~. K eidier. ~e~e e~t trll per[Kmei. e~u~liei altL aai aWdei b7. tLe wi~ a~p+apu ae~ti~ri u
Y~d ptNllM~l~ M~! b0t~~! Y~ M~~! ~~l'f`Mlfk ~f 1~1!!'l~lEr al ibQ Opl~O~ ~ l`0 ~KI~~E! i~ Ci1~OtQy Y
i( t6e .aii~ep!~ w. .t ..id K..i...ey .~te .ra. .ritiwllr ~tyida~ei t• be n.id .reti d.r. w~~s ia ~.id K..iM.q
or 6eceiw t~ tl~e cMt+~ry w~t~?i1L~t~in~.
( j) 1L.t iw .~ic~ e• .ceeie~.te d~e m.arit~ .t tbe ;sdeLted.a~ Le~eb~ .eeu.oi, beeawe .i ~be tW~ue .t tL. ![..tpsK t• M7 +r7
a:. wcwnewt. W`ili4. ~1i~ti~w ~r ese~branee ~p~w s~id ~pertr. ~ rerei~ pc~vided, it ~hrU wt be ~eeeMaq ~e e~iu tVt
tbc u~~tsasee ~II 6nt p~~ tLt w~e.
2. The Mort~,a~ee mar, at 6is optioo, md witl~out wuvu'~ his siaht to aooelerate t6e iadebtedaeM 6ereb~
eecured aad to foreclo~c thc sa~e, pay either be[ore ot aRar delinquency aay or sll of t6ase certsin obliaatiao~ -
cequired by t6e term~ hereof to be paid by tl~e Mo~a~
or fo~ t6e protection of the mortaa~es aecurity or for t6e oollea ~
tion of tl~e indebtaineM hereb~ ~ecured. All sums ao advanoed or paid by t6e Mortaagee shall be charaed into tbe
mortsa6e sccount and beoome an intearal put t6ereof, subje.ct in all rapeca to the terau, oonditions, and oovencats ~
of the docaaid Sromiewry note, aod this m~ a~ fdlr and to t6e same a~teat as thouah a put of t6e ori~inal
indebtedneM e~i enced by said note aad secured y this mortsase, exoeptina however, that aud sum~ shall be repud
the Mortaa6ee [orthwith upon ib demand ~a ~~~aa~ti~ to t6e reaular mont6ly inatalLnents provided by the
inort~6e note.
3. 'fhat ti~e abstract or abstracts o[ tide ooverins t6e mor!6ased Property sLall at all times, durin~ t6e lite o[
this ~nort6a~e, remain in po~se~ioa of ihe Mortaa~;e md in event o[ the foreclosure o( this mon aae ot ot6er tran~fer
of title to thc mortgased Property w e:tinguishment of the indebtedness secured hereby, all right, title aad int~erest ±
of the blortaa6or in and to any s~.ch abstracts of title shall pas~ to the p~~rchaeer or gaatee.
4. 'Io the exteat of the indebtcdnees oF the Mort~or to the Mort6a6ee de~cribed herein or secured hercby,
the ~iort~asee is hereb~ subro~atcd to the lien or Gen~ and to thc ri~6ts of thc ow-nere and holders thec~eaf of each
and every mort6aae, lien or othcr incumbrance on the land dexribed herein which is paid and/or aatisfied, ia w6ole
or in part, out of t6e proceeds of t6e loan described herein or secured hereby, and tl~e reMcctive licos of aaid ~ort
8~6~• liens or other incumbranoes, alull be and the same and each of them hereby- i, preserved and shall paM to and
bc held by t1~ Moct~a6ee hee+tin as sec~trity ior t6e indebtedneas to the 111ortgagee herein described or hereb~ ~ecne~ed, ~
to tlu same eztent ihat it Nould 6ave becn pnserved and would have been pa~sed to and been held by the Mortaaaee ~
had it beta duly and reaularly assi~ied, transferred, set over, and deii~ered uuto the Mortga6ce by aeparate deed of
a~i6wnent, notw-ithstandin6 tbe fact that the same may be satufied and cst~celled o~ reoord, it bein6 tl~e intentioa of the
~~arties hcrcto that the same will be eatiafied and canoelled of record by the holderx thereof at or about the time of
tl?e rrcordin6 of this mortaa6e.
S. In the event t6e ownenhip of the mort6aged premi~e0. or aay part tl~creof, 1~ecomes veated ia a perwn othcr
than tl~e Moctgagor, the'_1lortaa ee may, withont notice to d~e Mort6aaor, deal with such successor or suooeison in
iuterext N-ith refet+enoe to this ~eed and t6e debt hereby ~ecund. in tl~e same manner aa with the Mortga6or wlt6out
in an~ way vitiatina or dischar6in6 the Mort~a6or'~ 6abilit~ hereunder or upon the debt hereby se~sured. No sde of
tlie pr~miea~ hereb mort a~d and ao forbearance oa the part d' the '_I'Iortga6ee, and no extension of the time for the
},ayment ot the de~t here~~ secured aiven by t6e Mori6asee shall operate to release, di~cl~arae, modify, chanae or aRect
tl~e ori~inal liabilit~ of the Mort6s~or herein either in wrhole or in parL
6. Tl~e lien of this dced aecarea and ~hall oontiane to ~ecure patmeat of said iadebtedne~e or indebtedness,
' leowe~er evidenced, M?hether by ~aid promisaory note or any nnewal or eztension thereof or subatitute therefor, or
~ otlierwi~, nntil all wch indebtedneae shalt have been (ull~ paid.
~ 7. In tlu event tlie ~nortgngors s~ll, convey or trans/tr th~ morlgaged premists during the IiJt oj tliis mortgnge,
! ~he~: thrs mortgage shall, at the option of the rfortgogee Irereirr, become immediately due and payable for tht fi~ll sum of
~ l/re principal Galnnce and interesl then due.
~ 8. The terms °Mortgaaor° and "Mort6aaee" w6eaerer ased in this inatrument aliall inclnde the heirs, pereonal
~ repet~entatives, suooeasors and as~i~ af the respective parties hereta ~henver used the einEular number ahall include _ ;
~ the plural and the plural the ~inaular, and the use of any ~ender a6a11 iaclude all gwders. ;
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Sigaed. eealed and delivered in the preaence of: _ - - .---------.---_(S~?~,) `t
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:
STATE OF FI~ORIDA ~
COUNTY OF ~E '
IAC
~ BeEore se r~ppu~ CAI.YIX 1~SL3~1 a~ud BTSBI+ HffiS~ ~ his viY~ ~ :
.r to ae well knowa sad kse~wa to ~e to be t6e individoab de~cribed in and who ezecated t6e fore6oin6 instrum~at, and !
~ acknawledaed befor~e me t6at ther execated t1~e same [oc the purpae~ thee~ein reNed. pITNFSS m~ 6and aad
~ a'icid .ea! ia the Coanty and State laat aforaaid tlw 25th day oi Feb , 1966.
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~ NAR~: R, fi'JEr~lf - '
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(P _ J ~ (o ~ . . • - i i. ~Q
~ / ?O / I:~TA?Y PLr;'~'. Si:`.i~ ; ` Fi;PfPA at Ll~RGE - • - . , !
~ MY Cu:-MiS~:uPi C?i~~i?~S JUNf 3A: 196)
My Coma~iMioa upird: Notar~ Pobliy State af Flori ~h
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