HomeMy WebLinkAbout2172 ~~ur -~ia 1-1 , j•j~;
M~tppr. Ia ww af fKecl~e of thiu me~tp~e K et6er tratet ~ tid~ t~ t~ o~tp~ pn4e~tr t~ utiapi~4meat ~f tbe udebl~
~eeM ~eerroi M~e~r. dl ri~ht, title aad iausat ~f t6e Msrt~K iw aed te ~ar i~srnnoe p~l~eie~ tl~a i~ (~rce ~b~U pw t~ 16e
N(tb~Mf K ~tYMO.
l~) T~ ~f~. t~p17 vit` ud ~Ide eae6 n~ e~eq the ~tipnl~ti~wr, a~reesata, e~w~iti~ ~ad e~vewwtr i~ ~aid ~r~sis~7
a~te a~i i~ t`i~ ~eea ~et f~e~h.
(i) 11rt it My ~i Mia ~1 m~ae~ 6erels edcaed be s~t pr~mptl~r a~d trll~ paii ~rjtl~ia tftteen ~+st
~tter t6e w~+s ~wersU7 becwea d~e aed pqable, K ~f cacL asd eveq tlrs stipu4ti«u, a~eeoents. eNditiw a~ e~rcweor ~f ~d
Ko~iw~~ ~ete ya ti6~ de~d. ~r eithet. ue e~t (up pai~nued. eNnPliea ~rit~ aad ablded b~, t6e ~ai~ a~rapte owtio~ed L
~id pe+euwq s~te ~11 bec~se dre awd Mfable ~ortb~vitk K tl~c~atter st ~Ae optis~ d d~e Moctpsee a~ taU~ aad c«opletehr ~
it tiis ~ai, ~~repa w~a s~i~ ~iwr~ Nte ~ra~ orip~dlr ~tiputstea t~ be o~d w arc` d~7. aa~ttii~~ i~ saia ~iwr7 NM
6ee~i~ t~ tre eMtntr w~taitlri~edia~.
l j 1 lbat is ~cie~ t~ ~eedu~te t1~e maturit~ t6e iadebted~eM 6e~eb~ ~eeured. b«awe d 1l~e (ailure e1 t1r YKtp~ t~ M~ ~7
wc, wcwnest. WbiWp. ~NiptiN w e.aewnbraace upM said ~Pert~. ~ 6ereia pnrided. it ~6atl a~t be seee~n K eeqri~ite tlwt
t6e u~~tt~eee s`all 6~M pq tbe wse.
2. T6e Mort~asee may, at his option, and witLout wuvw~ liis risht to aooelerate thc iadebtedne~s hereb~
~ecured and to foreclae the ~ame. p~y eitber before or after delinqueocy an or all of tho~e oertaia vbli6ationa
reqnired by the terms hereof to be pud by t6e Mort6a6or [or t6e protection ot ~ mortaage aecurity or for thc oollea
cion o[ the indebtedne~ Lereby .ecured. All sums w advanoed or pud by the Mortaagee shall be chuaed into the
mortaa~e account and beoome m inte6ral part tLenwf, subject in Yll respecta to t6e ternu, conditions, and ooveaant~
of t6e afon~aid promiswrr notc, and thi~ mort6a~c. as InUr and to ihe same a~tent aa tlwuah a p~rt of the oriainal
indebudnas e~-idenced by ssid note and aecured by this mortga~e, exoeptin6 howaver, that said sums shall be repaid
the Mo~aaee forthwith upon iU dewand and be in addition to the re~ular monthly iwtallments prnvided by the
tnort~~E oote.
3. 'T6at the abstract or abstncb o[ title caverin6 t~e mori6ascd property sliall at all times, durin the life oE
this morts,a 6e, remain in powe~sio~ of t6e Mort6aace and in event of the foreclosure of this mort6a6e or o~r trans[er
of title to the mortgaged pmperty in e:tin6uishment af the indebtedneas secured hereby. all ri6ht, tide and interest
ot tbe 111ort6asor in and to sny such abatrads ~f title ahall pas+ to the purc6aser or 6raatee.
ti~a~ ee
4. 'I'o the e:tent of the indebtedae~s oE t6e Mo or to the Mort6aaee de~cribed hecein or secured henb ,
the biartg~dee i~ 6ereb~ wbros~ted to the lien or liem and to the ri~hta of tlie o~~-ners and holden t6ereof of ea
and every mort6aae, lien or other inc~uabranec oa the land dexribed herein ~.hich is paid and/or satiefied, in w6ole
or in part, out d' the prooeeda o[ t6e loan ddcribed hcnin or securcd hereby, and the respective liens of iaid mort
6aaes, liea~ or otl~er incumbranoe~, siull be and t6e u~ue aad each of them henb~ i~ preserved and ahall pass to and
be held bp t6e Mort6aaee 6erein as security for the indebtednees to the 1liortga6ee herein deecribcd or hercbr ~ecared,
to t6e saine eztent t6at it ~+onld 6ave been preaened and would have l~en paased to su~d bcen luld by the Mortpaee
had it been duly and reaularly a~si~~ed, transferred, sct over, aud deli~ered ui~to the Mortga6ee by eeparate deed of
~aai~nent, notwith~tandina the fact that t6e same may be utisfied and cancelkd of record, it beia6 the intention of the
i~arties hereto that t6e same will be satisfied and cancelled of rccord b~ the holders thereof at or about the tia~e of ~
thc ncordin6 of thi~ mort6a6e. ~
S. In the eveat the ownenhip of the mortaa~ed premiees~ or any part tliercof, becomes veated in a penon ot6u
than tlie Mortga~r, t6e '_1iort~a gee may. without notice to dre Mortsaaor, deal with such auccasor or suoce~eois in
intereat M-ith reierence to tlds deed and the debt her~eby secured, in the same manner aa with the Mortgaaor without }
in any way ~ztiatin6 or dischar6ing the Mortaaaor'~ tiability hereunder or upoa the debt hereby secured. No sale of ~
tl~e premisa~ hereby mort~a6ed and no forbearance on the part af the '_V[ortp,a6ee, and no extension of the time for the `
payment of t6e debt her~ebj secur+ed given by the Mort6aaee shall operate to release. discl~ar6e, modify, chan6e or alfect
thc ori~inal liabilit~ of the i~ort~aXor herein tither in wrhde or in part.
6. The lien af this deed aecures md shall continne to eecur~e paymeat of said iadebtednese or indebtedneaa,
' 1?owe~er evidenced, whether by said promissory note or any renewal or e:tcnsion thereof or substitute therefor, or
~ otl~erwise, nntil all wch indebtedneas shall have becn full~ paid.
~ 7. In the event eht rnortgagors stll, convty or trans(er the ~norlgnged premises dttring the liJe of this mortgoge, ~
~ then this mortgnge shalf, at the option of ~ht lliortgagee herti?i, Gecome rmmediately due nrtd payable for tht full sum of
~ the principal Galance aid intenst then dut. `
~ 8. The terms ~Mor~aor' and µMOC~6a6EC~ whenever used in this iastrumeat ahall include the hein, peraonal
~ rcpra~entatives, sauoeswra and assi~ of the respective parties hereto. Wherever used the Ein6ular number shall include i
the plunl and the plural t6e ~in6ular, and the use of any gender shall include all genders. ~
f
Sisned. sealed and de6vered in the presence of: _ . ~.....y...... (SBn[.) ;
:
~ ~Q; - -d - ~~?.L%q~ ci- j!L- . . . . _ - - ~S~~
- -
~
~ . . _ . _ _ . . . F
~ . 2
~ STATE OF FIARID ~ ~
~ COUNTY OF
~ BeEo per~wually appeared .TS$$$ E. B8~?If aldd '1'SSLMA 1K. B~SWI~, bis vife~
~
to me well own and known to me to be the individuals dacribed in and who ezecuttd the Eoreaoin6 inairameat, and
acknoMrled6ed bef~~e me that they esecuted the same (or the purpo~ea therein eupre~l. qITNESS my h.nd and °
z~ o6cial ~eal ia tbe County and State laat aforesaid thi~ 25th dati~? oP ~ 19 , !
~
~ '
~ NARL R. AVERY
~ NOTARY PUBUC. STATE d fIORIDA at U1RGE - . - . . ~'1.,.,-~~..'.
~ µY COlAMISSION EXPIRES JUNE 30. 1967 Q ~
' N t P 1 tate
~ Mv Commirsion E:pud: - u ary ie+ i
Y
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~ 6b A~,R 5~ I I• I
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~T . . ~ R 366 ~
, . ~ . . . _ _ _ . r. BOOK 142 . . ;
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