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M~rtpm, L ereat ~t f~reele~nre of t6u n~ertp~e or other trn~fe~ ~t title a tbe m~rtp~ed pti4ert~ ia e:tiapislweat ot tbe iadebt-
edaus kcared Lerebr. aU ri~ht~ tide wd iuteceat ~f the Mort~o~ iw ~ad t~ aa~ iwuraece ~liciw thew ew (oret i}ul) pu~ t~ 1be
pure6a~sr re ~tee.
lh1 T~ pe~t~rm. arspl~ wit6 aed abide b~ eac4 ud evenr t6e ~cipalat~oa~ a~reem~W. eoaditisiu aad cevea~aa ia ~aid prwniw~q
ewc u?d iw tiw ~Med ~tt f~et6.
(il T'hat iI w~ ~t sail ~~uw ~t ~asae~ Lereio retaMCd t~ be aM p~ompll aad fullr psii wit6ia ifiteen d~~n ~cst
d~e~ ~6e .a~.e .e~e~sll~ beco+oe. d~e ~ad p.rable. it eae6 ad evenr ~ atiPulatiow~. as~e~uu. coaditioa~ ana e~vcwat~ ~t Mid
promi~q ~ete aod t4i~ decd. er eithee. ~re eet tatly pee(onaed, eauplied wit6 aad abided b~. t6c wd a~esate •um meatiosed ia
wid promiroq eNe swll become dMe and p~rable [ort6with K thcreaftcr at t6e optioa ~i t6e dortRa~ee a~ (nllr aad cNnpletelr r
i~ tbc s~i~l •~e pte ~wn o[ uid promi~wrr aote w~ ori~iodl~ ~tipul~ted t~ bc p~id o~ wc6 d~). my~6ias is wid Na
or heoeia t~ tbe cootrarr aetwit6~tandins.
IJl Thsl in ~rder t~ ~ec+~lente the wuurit~ ~t the iadebtedwa~ be~eb~ ~eeured. beeause vf the failure of t6s ~l~rt6tLw P~7 y7
t~uc~ awcwneat, Iiabilitr. ~bliptia~ or eaemnbnare uNop .a;d ~.pcr~r. hcreie pnvided, it shall aot be neeewp K requisite that
the mwt5a6ee shali fiat p~~ tbe saree.
2. Tl~e Mort~~e.e may, at bis optian, aad without waivin6 I~is riaht to aecclerate th~ indebtedneM 6ereby
eecure~ and to fonxlo~e the sam?e, pay either before or after del'mquency any or al! of' those certain abli6atiom
required by the terms heeeof to be paid by the Morta~aor for t6e protection o[ the mortgage security or [or t~ oolleo-
tion of ihc indebtednas hereby secucod. All sum» ao advanoed or paid by the llortaagex ahall be chargcd into the
,nortgage account And lx.come ..a inte6ral part therwf', aubject in Yll reapects to the terms, conditions, and covenants
of the aforesaid romissory note, aad thia mortaagc, as [ully aad to t6e same e.~tent as thouah a part of the ori6inal
in
indebtedntas e~i enced by eaid note and secured by this mortga~ exceptiu6 huwe~~er, that said sums shall bt e+epaid
the Mortsagee [orthwith upon its de~uaad and be in addition to the regular monthly in9tallmenta prnvided by the
~nortgygE nota
3. T6at t6e abetract or abatracts of tide coverin(~ t6e morigaged property sliall at all Iimes, durin6 the life of
thie iaortga e, ctmain in passewion of the Mort~a6ee and in er•ent o[ the foreclosure of this mortg~?6e or other tranefer
of title to t~ mortgaged property in eatin6uiahment of t6e indebtedne~s eecuc+ed hereby, a1! right, title and iatereet
of the 1ltortgagor ia and to aay a~.ch abstracts of title shall pass to the p~~rchaeer or arantee.
4. Z'o the exteat of the iadebtedness of t6e Mortasaor to thc Mortgagee describcd herein or secue+ed hereby,
the ?1lortgag~•e is hereby subroaated to d~e lien or liens and to the rig6ts o[ tlie o~.~ners and holdere ihereof of each
and evecy mort~a6q lien or other incumbrancc on ihe land dcscribed herein which is paid and/or satiaSed, in whole
or in part, out o[ the proceeds of the ioan deacribtd htnein or secured hereby, and tiee rea~ective liens of aaid mort-
~agea, liens or other iacumbr~nce~, ahall be md tbe ssme and cach of thein hcreb~- ie ~~reeerved aad ehall paes to and
i?e held b} the Mort6a6ee herein as aecurity for the indebtedneen to the 1liortgagce herein described or hereby secured,
to t4e same eztent t6at it Nould have been preserred and would ha~•e hecn paseed to and bcen held by the Mortgaaee
i~ad it been duly and reau!arly assi6ued, trans[ernd, set over, a~id delive~+ed u~~to tl~e bfortgagce by aeparate detd of
asaigiu~~ent, notr~ithstandina t6e fact that the same may be satisfied and cancelled of record, it bein6 ihe intention o[ the
~~arties hereto that t6e same will be ~?atis6ed and cancelled of record by the holdcr~ thereof at or about the time of
tl~e r~rdin(, of this mort~aae.
S. In the event the ownership of the mortgaged premi~ee~ or any part tliereof, 6ecomea veated in a pereon other
~han tlie Mortgagor, the '_1lortgagec may. withoat notice to the MortRagor. deal witli auch auccesaor or aucctaeots in
intereet Nith r+eterence to thia deed and the debt hee~eby secured, in tl~~ same manner as Nith the Mortgagor without
i~i au~ war ritiatins or disc6ar~ng t6e ~iortgagor
s Gability hereunder or upoo the debt hereby eecurcd. No sale of
tlie ~~rzmiees liereb?• mort6a~rd an~ no ;orbearance on tl~e part ~ the !~tortga~ee~ and no extcnaion of the time [or the
~~aymeut of the debt ~cr+tbj aecured givea br ihe Mortgagee ahal! operate to release~ di+cliar~e, modif}, chanae or aRect
tl~e original liabilit~ of the Xortaa~or herein either ia ~vhole or in part.
6. Tl~e liea ot' this dced secnrea and ahall co~ntinue to secure payment of said indebtednea.+ or indebtedneae,
I~oMe~er evidenced, whether by said promissory note or any renewal or exteneion thereof or eubstitute thercfor, or
otl~erwiee, until all wch indebtednem ahall have been full~ paid.
7. In the event the morfQagors sell, comrey or frnnsjer Uie ?nor~gaged premises d~~ring tl~c lije o( tl~is morlga~;e,
tlren this mortRage shn!/, nt the optron oj !he rfortgngce lrrrein, beromc immedinl~l~• duc nnd payable for the fcrll stun o/
t/rP pri~rripnl bal~nce ~~rd i~rterest tlre~: dut.
8, The terme "1Hortgaaor" and "Mort6a6ee" whtaever used in thie iostrument a1~11! include the heirs, personal
rel~reaentatives, auco~awrs and assi~ns of the respcctive partiee hee+eto. Wherever used the eingular number ahall include
the plural and the plural the ein~lar, and the uee of any Sender aha11 include all gendera.
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Si~ned. sealed and delivercd in the presence of: !'-".1,~: _ . . ' . ~Ss~v.)
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STATE OF FIARIDA
(:OUNTY Q,~~ ~
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BeEore me nonatty appearcd C. W. JOHNSON aud AMEI~IA JOHNSON , hi s wf f e,
to me welt known aad known to me to be the individnaL dacribed in aQd who ezecuted the foreaoina inswmeat, and
acknowled~ed bcfore mc t6at tLey ezecuted the same for tbe purposes t6erein euprcwed. pITNESS my hand and
olCecial aeat ia the Cotieni~ and State lait afonaaid this 4th day Of ~d[8x'C 966.
I`;n.R~ R. A\'ERY
F:;:;;' i z; .i,R~E
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My (',ommis~ion Ez ires• Pn ~
P . . _ - Notary blic, State of ~f . v'
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