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HomeMy WebLinkAbout0302 • • Gur ~Nila ;-1-~; ,7`f~r M~tppr. L sre~t t~eele~rre ot tbu me~tp~e K et6er uo~te~ ~t title t~ d~e w~tNS~ P~+p~+s~ iw e:tia~i~baeat ~t t6e i~debt- edneM ~eene~d ~ece6r. dl ri~6t. Ntle aaa iaterat ~t t6e A[srt~K i~ aad t~ ~a~ w~uanee p~l~eie~ t6ew iw (~roe ~hdl pw t~ ~be Puceh~~ ~e ~rrbe. l\) T~ P~~. ~~P~7 witL a~a ablde saer awd e~r tbe ~tipd~ti~ a~teea~e~u~ e~aditisa~ aad e~vcasan is wid pr~iwq n~te aod iw t~s d~ed ~et f~. ll) 1Uat it aq Mi~ ~t w~ae~ 6ueiw eetened u be ~t prw~d a~ [dl~ pri~ Mi~ llttcen d~pr ~est dtcr t6e wrse avenll~ beeNOa due aad p~r~ble. it eaeb awd eveq ~ supulauoo~. a~ceea.eaa, ~endinoa~ a~ e••ewaa .t wid pw~ai~sM ~ote a~d t6i~ deed. er either. ue a~t (ul! pe~f~ned, ewuplisa Mi~L and abided br. tbe s~id aurepu ~uo meatioaed iw ~aid pn~ni~wq a~te ~hdl bcease dre aed p~rable ~art6.+ith K tl~e~ea[tec at tbe optios eI t6e MortRa~ee ~ fdlr ~nd c~mpletdr a~ i! tbe wi~ ~~cepte s~uo d said promiworr wotc wra~ Ki~ia~llr ~t:pulucJ t~ be paid ~w wcl~ da7~. aart6i~ L wid ptNiaMr Nu ; o~ herein t~ tbe eo~trarr netwitlutwdin~. ~ 131 Thu ia ~cr aceelente the matarit~ ~f the indebied.es~ 6crebr .ecured. becau.e ~f ~he (~ilure ef tie Mwtppt to pq u~ ~ tu. iMliN~ll01~ IYb~I1[~. ~bliptiw~ ot eoeau~branee upo~ wid ~pertr. a~ l~eceis provided. it s6dl aw be aeea~aq K t~equi~ite ~Sat ~ 1~1C t110f1si~EE fl~ w~ lbt ~iIOl. 2. Tue Mort6a~ee inar, at his optioa, and without waiv' liis ri6ht to aecelerate the indcbtednees hereby ~ n aecurcd aad to foreclo~e tM same, pay eit6er be[ore or after de ' queacy any or all of those certain obli6ations eeqnired by t6e terms 6ereof to be paid by the Mort6aaor [or t6e protection o[ the mortaage security or [or 16c oolleo- tion of the iadebtednes~ hereby secured. All sam~-w advaoccd' or paid by t6e ~ortaa~ce shall be chargcd into the ~nortgage account and become an intescal part diereof. aubject in all napecu to t6e ternis, coaditione, and covenants = of the aforesaid promiesory note, and this mortaa~e, as fully and to the aame e.~teut aa though a part of the ori6inal ~ indebtedneas e~-idenced by suid note and secure~ by this tnortgage, e~ceptin6 howe~~er, that said sums shall be cepaid the Mortga6ee forthwith upon its deinand and be in addition to the re6ular n~oathly installmenta provided by the inortg~ge aoie. 3. That tl~e abetract or abstracts of title coverin6 the mortgaged property aliall at all times. durin6 t6e li[e of i this ~nortga6e, remain in possasion of t6e ;I~ort~a~ceee and in e~•ent of the forecloeure o[ this mortga6e or other traa~fer ~ of title to the n~ortga6ed property iu eatinguishmeat oi t6e indebtednes~ eecured hcrrby. all right, title and interest o[ the l~~ortgagor in and to any s~ch abatracts of title ahall paa9 to the pnrchaser or grantce. 4. 'I'o ihe extent of tl~e indebtednees o[ the Mortaagur to the Mort6agee describcd 6erein or secured hereby, the ~1~ort~agec is hereb~ subro6ated to tl~e lien or liens and to the riR6ts of tlte o~.nerx and holdere thet+eof of each and ev~ry raortgage. lien or other inaumbraaoe on the land describe~l lierein Mhich is p~id and/or aatis6ed, in whole or in part, out o[ the proceeds of t6e loan deecribed herein or secured hereby, and tl~e rea~ective liens o[ said mort- Rages. iieas or other incumbrtncei, shall be and the same aad escli of tl~e~n hereb~ is ~~reaerved and ahall paes to and tie held b~ the !Kortga6ce herein as eecurity for the indebtedne,u~ to the 111origagee hereia described or hec~eby secured, to t6e same eztcnt ihat it Mould have 1~ea pr~eaersed and would ha~•e heen aased to and bcen held by the Mortaaaee r I~ad it been duly and re~ularly assiaued. trawferred, set over, and delive unto tt~e 111ortga6ee by separate detd of a~i~mnent, notwithstandin6 t6e fact that the same,may be satiafied and cancelled of record, it beiu~ the inteniion of the ~~arties l~ereto that tbe same will be ~tiafied and canoelled oi record bj tbe hoidera thereof at or about the time of tl~e rrcordin~ of this mort6a6e. ~ S. In the event the ownership of the mort6aged pnmi~ea~ or any pari tl~ereof, becomes veated in a penon other ~ than tl~e Mortga6or, the'_liort6agee may, without notioe w the Mort6agor, deal with such succeesor or sucoe~eon in ~ iutereat ~+ith reference to ihis deed and the debt hereby secured, in tli~ +ame manner aa Mith the Mortgagor without in auy way ~-itiatina or discharpn~ the MortRa6or's liability hercunder or upon the debt hereby secured. No sale of tl~e prCmieeR )iereb mort asrd an~ no forbearance on the part af the liortga~ee, and no extension of the time [or the ~~aynient of the de~t here~~ secured aiven by the Mort6aaee s6a11 operate to re]ease. di+cl~ar~e, modify. chon6e or alfect tl~e original liability of the Mort6a~or herein either in ~rbde or in part. fi. 17~e lien ot' this deed eecures and ahall coatin~e to eecure payment of said iadebtednes~ or indebtedness, ; I~owe~er evidenced, ~+rhether by ~aid prnmissory note or any renewal or exte~eion thercof or substitute therrlor, or ; otl~erwiae, antil All such indebtedne~ shall have been fnlh paid. ~ 7. In the event t/re mnrtgngors sell, convey or lrans(er t/ie mor~gng~d premises durinQ tlie li(e of ~/iis mortgnge, ~ tlren this mortgn~e shall, at tlrt op~ion oj the 1ltortgagee lrertin, become rmmedintely duc nnd payable for iht full sum o( j tlre principal Lalance nnd intertst thtn due. t ~ . ~ 8. The terms "Mort~or^ and "Mort6a6ee" whenever wed in thia instrumeat sliall include the heirs, personal ~ repreaentatives, suooessora and assi~pos of the respective parties hereta W~+ever used the ein6ular number ahall include _ ~ the piural aad the plural the sin6nlar, and the use of aay gender shal clude all genders. ; ~ `~j ; ~ Qi / b1~2..~L~v SBAI. ` Signed, sealed and delivered in the preeence of: ( ) s r ~ ~ -C~.l_~..~--~,~---- - - ~----.(s~?~.) ; - . ~r• 1--w-------~-------- ` . STATE OF FLORIDA COUNTY OF~ ~ ~ 92. IAC Before me penoaalir appeared 1+1~t SCOTT B~?ZL~, an u~llsrrfed Mooan~ to me well kno~va aad kno~rn to ~se to be tbe individnab dacribed in and ~rLo e:ecated the foreaoin6 instrumeat, and acknowled~ed be.fore me that they ez~cuted the rame [or t6e purpa~es therein e~preMed. ~VITNFSS m~ hand aad ' o~icial ~eal ia the County and State last aEore~aid thi~ lst day ot April, . f ; NARI R. AVERY : KOTARY FUBUC. STATE af FLORIOA st L,1RGE ~ ' - • J-^J~-•t~ : -•-•---°--'•:'Y.--%-- MY GOMi~ISSI~Y EXPIRES IUNE 30. 1367 .;i , . , . ~ ~ ~ . u~~ _ . My Comnu..ion E:pu~e.:. ~Y,tt~~' ~1,;e, sate of - . _ - _ 7~ . ~f . ~ n F D AND RECOR~EO ; ~ = , , - r' c't/I p~;; ; , d ~R~~~. 900K- . : . - _ . ` r ~ ~'~%~'l~ . ~ . h ~ ~ ~ v ' ~ - ~o '66 APR I 8 PM 2 : I 8 = - ~ ~ ~ - ' ~ ~v ~ ~ ~ N h d R~GER~~~t~r'CLERK ~ . 6001(~~J ST. LUCit COUNTY. ~ ~LORI~A ~ - .x- ~ ~ ~ ~ ~ - ~~s