HomeMy WebLinkAbout1876 _'aI' 'l~.t' l _l
M~rtps+r. L~rest f~e~eelMUre ot tbi~ wortp~e otl~ tr~ufe~ ~f title t~ the mKtp~ed pnpertr iu eatia~ui~meat et t6e iadcM-
edna~ securea Lerebr, aq ri~ht, tltle aad iatete~t ~t t6e Mort~~~ iw md t~ ~a~ iasurance p~lieia the~ iw t~ree shdl pu~ t~ ebc
P~~ +r Qa~e~e.
(L) 7'o pe~t~. ~aepl~ ~ritL an~ abide ~y eae6 aa~ e~ery tbe ~tipul~ti~a~. a~ree~seRts. eonditioa~ aad e~vewwb is wid p..mi...n
nete aad 'u thi~ deed ~et t~rtl~.
(i1 1bt if wr ~t ~aii ~t mwe~ 6erels refe~red t~ be s~t pc~a~ptl a~d f~ll~ paid ~rit6iw lftt~+ea d~ps ~eat
d~~ ~be wue .e+ro~sp~ Dec«na dae .ad pa~.ble, it eac6 aad eveq ~ stipalatiooti ~~reemenb. c~aditiow ana E~Vtlltllb ~ M~d
promiw~~ wte a~d thi~ deed. ~c eit6er, an a~t tdlr pe~tonoed. eau~l;ea wi~6 .nd abided br, t6e ~aid aurepta ~ws meatioaed i~
wid pw~uiwq ~~te s`all beco+ae dre aad parable fortL~rit6 ~r ~bereatux at ~he optio~ ~f t6e MoMRasee a~ IsUr aad c~mpletel~ ~
if t6e ~aii aKeepte awa ~t ssid prowtis~er~ wete wa~ eti~ioallr ~tipnlated t~ be o~id w wd~ d~y. ~nrt6ia~ ia wia pn~iw~T ~
o~ hereia t~ ek eoMnry o~t~ritlW~ndin{.
l j 1 1Lat iu order t~ ~ecela~te the nuturit~ ~t tbe iadebtedwar Lereb~ sec~red. beeawe rf t6e tail~re ot t`e 1t~tlpsK W7 ~7
tu. wess:aeat, tiabilit~. ~biipti~w er eacwnb~aoce upN wid ~pe~tr. M hcteia pr~vided, it aball aet be aeeeMaq K?eqri~ite th~t
the mo~tya6ae ~all &nt pq the s~ne.
2. Ti~e Mort6a~ee mar, at Iw optioa. and without wuvina Iw riaht to acoelerate the indebtedneM heceby
aecured snd to foreelwe tLe eame, pay eit6er before or a[ter delinqucacy anr or all of thase eertain obli6ationa
~nired by the term. 6e~+eo[ to be paid by ~,e Mort~a~or for tl~e protection ot the mortgage security or [or the oollea
t~on of the indebtedneN hereby ~ecured. ALI sums w advanoed or pud by the Mortaagex ahall be char6ed into tbe
,nortgage account and beoome an inte~al part tbereof, subject in srll reapecta to t6e tenus, oonditions, and oovenants
of the a[oi+esaid promissory note, snd this mort~~e, a~ fnlly and to tl~e ~ame ~~tent as thouah a part of the ori6inal
i~idebtedness e~~deaced by said note s~nd secured by this tnortga6e, exceptin6 huwe~~er, that said sunu shall be repud
the Mortsa6ee forthwith upon its deiuaad and be in addition to the re6ular monthly inst:lLnents providal by the
~nortgagt note.
3. That itie abstract or abstracb of title covcrina t6e mortgaged property sl~all at xll times, durin6 the 1'Je of
thie inortga6q remain in pwse~sion of t6e Mortaa6ee aad in event of the [oreclosure of this mortaa6e or other tran~[ee
of title to thc ~uortgaged propcrty in e:tin~uisha~ent of t6e indebtedneas secured hereby, all right, titte and inttrest
of the 1lfortsa6or in and to any s~.ch abtracts of tide shall pas~ to the p~~rcl~ser or arantec.
4. T'o the extent of the indebtedness of the Mort6a6or to the Mortaa6ea deacribcd 6erein or eecund benby,
the 111ortg~gc~e i~ hcreby subro~ated to tl~e lien or lien~ and to thc ri~hts of tlu o~~ners and holdcrs therod' of each
and every mort6aae, lien or other incumbranee on the land dexribed herein which is paid and/or eatiaSed, in wLole
or in part, out of the prooecds of t6e loan deacribed henin or securtd hereby, and tlie respective liens of said mort•
BaBes, ~iens or uther incambranoe~, s6a1! be and t6e eame aad each of them hereb}- ia ~~reeerved and a6a11 paes to and
be held by tht Moriasaee hereia as sccurity for the indebtednea+ to the 111ortgagee herein described or hereby ~ecured,
~o ttu eame exteat that it N ould 6~ve been preserved aad would have heea pa~sed to aad bcen held by the Moriga6oe
}~ad it beea duly and regularly ass~ipNed, trana[ere+ed, set oveq and delivered unto the Mortgagee b~• sepacate deed of
a~ipunent, notw-ithataadir?6 the fact that t6e eame may be satiafied and cancelled of reoord, it beinb the intentioa of the
~iarties l~ereto that i6e same will be satisfied and canoelled o[ record by the holdens thereof at or about the time of
t1~e ncordin6 of thi~ mori~aae.
S. In the event the ownerahip of the mortaaged premi~e0. or any part t1?creof, becomes vested in a penon othet
than d~e Mortgags?r, the'_liort6agee may. without notict to the Mort6a6or, deal with such eucoessor or saoceeeon in
iatereat w-it6 t~efennce to this deed and t6e debt her~eby secund, in tl~e same manner sa with the Mortgabor without
in ati~ way ~-itistina or discharain6 t6e Mort6a6or
s Gability hereunder or upoa the debt hercby secured. No eale of
tlie }~rzmieeR hereb • mort~a6ed and no forbearance ou t6e part of the '_ltortp,a~ec, and ao extenaion ot the time for the
~~ayment of tl~e ae~t htre6j secared given by t6e Mort6aaee shall operate to release~ di~cl~ar6e, modi~y, c}~an6e or alfect
ti~e ori~inal liabilit~ of the ~'Iort6a~or herein either in ~rhde or in ~art,
Tt~e lien of this decd secures aad ahal! oontinue to sec~:re payman! of said iadebtedncss or indebtedntaa~
i?owe~•er evidenced, whetlur by said promiesory note or any nnewal or extension thercof or subatitute therr.for, or
oti~erwise, natil all weh indebtedne~s shall h~ve been full~ paid.
7. tn tl~e eve»t fhe mnrtgagors stl?, convey or tr~nsJer fhe mor~gaged premises durinQ ~he li(e of ~hts mo?-~ga~e,
tlien this mortg~ge shall, ne tiee option oj the 1lfortgagee herein, Lerome imm~drately duc a~td payable for tlie full sum oj
the principal Gnlance a~id iriler~st then due.
8. The terme "Mortga6or" and "Mort6a~ee' wheuever uaed in this instrument alialt include the heirs, peraonal
re~?re~entatives, aucecasora and assiRus of the respeMive patties hento. Whererer used the ~?i~uaular number ahAll include
the plural and the plural the sin6ular, and the nse of any aender s6a11 include all ~eaders.
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~ tii~ned~ 6CA~ta 1i1f1 dCi1VEi(~ lR LI1C prCSEI1CC OE: "
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f STATE OF FIARIDA
~OUNTY OF ~ u
€ S?. LIIC
! BeEore me pe ly appeared E. DILIAH and CI.ARA DILIAN, hia ~rife,
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to m~ well known and known to me to be the individnal~ described in and who executed the foreaoin~ insirumeat, and
~ acknowled6ed befoe+e me that they ezeeuted tbe same for t6e purpose~ thec~ein ezp ~ITNESS my hand and
; o~icial sea! ia tbe Connty and State last aforaaid thi~ 18th day of 1~3aareh~ 6.
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NARL R. AVERY
~ NOTARY PUBI~C. STATE of FLORIDA ~t LARGE ~ -
~IY COMYISSION EX?IRES JUNE 30. 19i7
; Mv C.om~qi~sion Ezpire~: Notarf Public. State of F2o a
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~ ~ . FIIE AtJ EC ~OOK ` _ _
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j ROG~:~ r~,•~ CLERK ~ BOOK~~~ ~(z
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K ST. ~FLORID~? NTY.
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