HomeMy WebLinkAbout2012 ~ t'UZ' ..-1-i : ~ ^Z~
~
M~~tppr. 4 evewt f~ceelN~ue of tbu mortpse K ethe~ trrufer st title te tLe wKtp`ed pc~pe~tr ia extinpishmeat et t6e iabeM-
edaw ~eeured 6erebr, dl ri~hti title ~ad iate~c~t ~t the N[oh~~r iw md t~ u~ irunnee pelieia tbe~ ia t~rce sl?all paw t~ ~bc
pureha~er ~raatee.
(6) To pe~[~e~, corpl~ ~rit6 awd abide b~ eac6 ud eveq the rtipal~tioe~ ~~reese~ts, ewditiow asd ceveaaaq is wid pr~miw~r7
nNe and 'u t6t~ deed ~et (~rth.
ti) T6~t it u~ ria uuw ~t m~se~ bcreia refund t~ be mt prMpti a~d tall~ paii ~ritl~i~ lltteep d~ps wut
•(tet tLe w~ue ~er~all~ beeana due aod p~rable. it eael~ awd evup ~ stipolatiwu. a~reemeat~. coaditiowr a~d eeveaasp wd
promi~q ~we aod t6i~ deed, o~ eithcq ate net full performed. to~uplied aith ~nd abidcd br. tbe s~id a~epte aum mewioaed iw
wid prvo~i~wrY ~ote stiall besome dre and p~rable ~ott6rrit6 K lIIC1'EallEf il [I~! Opl~O\ ~~E 1NOff~i~CQ M tail~ md e~mpletclr ~
~r ~..ja .~+e pte ww ot wid promi~wq ~wte wa~ oripnall~ ~tipul~ted t~ be oaid o~ sue6 da~. mrt6iws ia ~aid pn~iwq Nbe
or hereia t~ tbe coalrarr aotrritlW~adios.
lil 1Lat ia o~de~ t~ ~eeelente tbe auturit~ ~f tbe iadebtedia~ bcre6r ~ecurtd, Lccawe ~f t6e (~il~re ~t tLe ll~ttp~ t~ W7 ~7
tu. u~cweneot, liabilitr. ~bliptiN sr eacwnbrana~e u~»~ ~aid *npertf. n 6erei~ prorided. it ~hall aot be eeoeMaq K requuite tbat
~hc ~~~oKS.s~ slWl 6n~ Pa~ ~6e same.
2. Tlu blort6a6ese may, at bis option, and without waivu'~ his ri6ht to acoelerate the indebtednas hereby
eecured and to foreclo~e t6e ~amc, pay either betore or aiter delinqucnc~ any or all of those oertain obliaationa
c~eqnired by the terms hereof to be paid by the Mortaa6or for ihe protection of the wortgage security or [or t6e oollea
tion o[ ehe indebtednea~ hereby secured. All sum~ ~o advanoed or paid by t6e Mortaagee ahall be charaed into the
inortga6e account and beoome an intcgral part thereof, subject in Yll respecta to the ternu, conditioa~, and oovenants
of t6e afo~+esaid pmmiesory note, and thi~ mortsa~e, as fuUy and to the same a~tcot aa tlwuah a pad of the oriainal
indebtednees e~-idenced by said note and aecured by this mortga~e, exoepting however, that said sums shall be npaid
the Mort6aaee [orthwith upon ita de~uxnd and be in addition to the re6ular nionthly instalLnenta pmvided by the
~nortg~ge note.
3. T6at tl~c abetract or abstracb o[ title ooverin6 the mortgaged propert~ sliall at all tima4„d~~the life of
this ~nortga6e, remain in possasioa of t6e Mortaa6ee and in event of the foreclosure o[ this m~a ~s v t=aw[er
of tide to the niortgaged pmperty iu cxtin6uishment of the indebtedness eecured hereby,,a11~:~title. aod ieterest
of the 111ortsagor in ~nd to any s~.ch abtsacts of tide s6all pas9 to t6e pnrc6aeer or arante~`' .
4. 'I'o iht ~rtent of t6e i~debtcdness o[ 16e MortEagor to the Mortga6ee descrilied ~ereiu :or ~e~wred.hereb ,
the 1liortgaare is hercb~ subroaated to the liea or liew aad to the rig6ts of tlu o~cnen ~ind ~lden tLereo[ of : e1t~
and eve ry mort~age, lien or oiher incumbranoc on t6e land described herein which is pa~id; atid/or aiti~di,: ie ~vliok
or in patt, out o[ t6e pr«xed~ of the loaa deacribed herein or eecured hereby, and the,rss~~vc li~os V~~id mort
6ages, liens or other incumbranoe~, siull be aad t6e s:me and each of tbem hereb~ u prees~ved'•and. ah~ '~s~ and ,
be heid b~ t6t Mortga~ee 6erein as security for the indebtednese to the 1liortgagee herein descEibe~~x~ere~ ~ecnred,
to t6e same extent t6at it ~+ould 6ave 1~een pres~rved and would have i~ecn passed to and beeit•~te~d.~ b~~~ i~e Mortaaaee
had it been duly and regularly asei~ued, irawferred, set over. aud delive~ed m~to tLe Mort~6ee'•by~,saparate deed of
a.~i~unent, notw-itbatandina tLe fact that tLe eame may be aatisfied and cancelled of record, it beina the intention o[ the
~,artiea l~ereto that t6e aame will be ~atisfied and canctlled of ncord by the holdenti thereof at or about the tizne of
tlte mcordin6 of thi~ mortaage.
5. In the eveat the owncrslup of the mott6aged premise0. or aay part tliereof. becomea veated ia a pecsoa othtr
than tl~e 1liortga6or, the '_1iort6a ec mar, without notice to 16e Mort6aaor, deal with such suceeseor or succeeson in
i~~tereat Nzth rcfe~+euce to this ~eed and the debt hereby secund, in tl~e eame manner aa with the Morigagor without
i~~ aii~ way ritiatina or disc6arpng the Mortaa6or's liabiGty he~+eunder or upon the clebt hereby secured. No sale of
ti~e ~?remiees he~bp niort6a6rd aad no forbearance on the part of the '_ltortp,agee, and no extenaion of the time_ for the
~~arnieat of the debt hereb~ secared givtn by the Mort6aset shall operate to releast, dixl~ar6e. w~dify,~an6e 6! a~ect
, rhe ori~inal liability of the Mort6a~or herein either in ~rhde or ia part. N~ r-
C~ y} _
6. The lien of this dced secures and a6all continne to sec~re pa~ment of eaid indeb~~neas inde~ds,
; I~owecer evidenced, whether by ~aid promissory note or xny nnewal or eatension thereof bt -`substit~e the~~, or
i otlierwise, anril all such indebtednees ahall have been [ulh paid. r n 1-: r ~i Z
~ T. I~t tlie tvenf tlre rnorlg~gors sell, corivey or trnnsfer tlre ~nor~Qaged premises duri~~~c 1~ o~t e ~~e,
~ tl~en this mortga~e shall, nt tlie optfon of the Diortgngee /iereirr, L~ro»ie immecfi~t~ly dae nn blef,~or~h s~i o(
~ t/re pri~~cipal balance nnd interest thtn dut. D~. 3 n
~ 8. The terme "Mort6aaor^ and "Mort6aaee° w6enever used in this iostrument al~all ~~~he~i? e nal
re~~rerentatives, snceessors and assi~s af the reapective parties 6ereto. Wherever used the ein~i~tt iremb~r a' ude _
the plural and the plural the sia6ular, and the use of any g~ender s6a11 include ali genden. ~ o O m
~ ~n o v
_ ; ~c
Signed~ sealcd and delivered in the presence of: .?.~l~s?.. .,~.,~7--~.~Z~/-G~~cql~~dt (S~?t.)
Yitaess s as to Adri,a 1~. at?d Bonnia Strickland .
- (S~?i.)
~,r~.1-za-C ~ - _ - - _ -
- - ~
-
1~r'~-.~~ . _ • s~r.)
~
Yi •s~s as to de Csto Jr.
STATE OF FLORIDA
COUNTY OF~Q ~ ~
ST. LIIC
Befon me peraonally appe,ared 1~. 3T8ICYI~AtiD aIId BI~IRIB 9R'SIC[LAaD, a Yit~, _
to me well known and known to me to be the individaab de~cribed in and Mrho e:ceutc~ the [oreaoin6 inatrumeaty,,and .
s:< ~
acknowled6ed beiore me t6at they ezecuted the same tor the purpwes therein expressed. ~/ITNESS .mY.:~d'_•~1
~ o~ieid ~eal in tLe Connty and State last afosesaid t!w 18th da,y of ~Lsrob~ .
~ -
J r-' _ ~ t
~ • _
NARL R. AVERY r : ~ ~ " ~ - ~ = ~
~ NOTARY PUBUC. STAtE ot FIORIDA at LARGE - - . ~~:j+~~ ~ '
~ MY COMMISSION D(PIRES IUNE 30. 1961 ~ ~ '
My ('.ommiwios Expires: Notary Pablic, State d F101'ida - '
~ _ - , , _ : . .
L~~ ~
~~~p~T. •1\~ ~ _
~
~ Vli l WAii~ ' ~ . .
_f
~ LO~~ Vl i~/8 . ~,.a....,~ .
~ : ' ` ~ ~
~
Bolor~ a p~rsonall~ app~ared CI,7Dg CATO, JR. , an u~i~ci~d ,i~~n, ~to a9 r~ll lcaovn aad
lmovn to a~ to b~ th~ indi~idnal describ~d ia and rbo t~a~~lie-tori~oi~ig iantzva~t,and
acknorledged betore s~ tlrt he ~z~cuted the saat for tbE fpui~poi~s~ t~'ier~ta szpr~ss~d. YI~ESS
~ ~epr band and olficial ~~sl in tb~ Couat~ aad 3tate laat aLo~es~ld•, /~~y Al1C~
fl R
ri=~ ~j~ ~ = ~ 966
~n~r i4~ ;:otary Nublic, SUte ot Flonda at Large -
Commission Expires June 30. 1967 -
~ t~y comoieeio n~zpire ''~Y~ By ~~r~~n Surety Co. of N. Y. •
ltotary Pnb~io, 3 t f Florida
~f ~
_ _ _ __r _ . . _