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HomeMy WebLinkAbout0569 - ~ . Our f'.tle ~1-13, 599 1[.e~~. L~w~t ~f ~«.el.wre .1 t~i~ a~etaw .tL.r ar~f~t titb a~.«~s.~i i. ~uapW~a.a .t ~Le i.ieM~ ~iw~ Me~e.i M~ri~. dl ~i~1M. ei~M ~wi i.tecat ~f tre ~t.rt~~t i~ ari t~ ~ iwra~et ~ tbea ia t~ece ~Il ~ t~ tM NerirK K RaM~~. lh) T• ~f.e... e..~ls ..i~ a.i ~ii ~.d ani ...q ~ie ~l~i«r. yr.~w.n~, e..rid.w. ..r e..ea.~w. i. ..ii K.siw.~7 w~a aw~ ~ eW~ i~i Mt l~eti. (i1 ZLit it aq ~ Mii ~~r ~~r ~eeoiw reten~ a i~ Mt N'~wMl a~i tdl~ ~aii MitLi~ lftteea i~r ~eat ~fue tL~ w~~ Nracdls ree+~a dw a~ Mtar1~R K if wei ~ei ~~I~tiw. ~ree~e~t~. eNditiwr a~i e~reasN~ ~f s~ia pc~i~es ..M a~i t`i. ~e.~, .r a~Let. ar. w.t f ~~+e~d. c~ii~ at ~ni abi~i br. tLe ~ai~ a~rep~s a~ewti~a iu .~ia ~.~.~.iN.r, ..b .`.u b.o..r. are .wi ~.,.~I.~.e~+:tL ~t t6srarte~ at t`. .Pti.~ ~I t4 bl.~t~.~e. a~ r.u~ .sa e.mptetdr u a» ..wa~r~M s~. ~t ..1~ .~.eiN.r, w.t. .n. .dw.ur ~tipd.tei t. ~e o.1a .~ei d.r. wtkt.s i~ .d~ ~..i....p .N. ~r I~ecti~ b 1M eMtr~ lj1 ~.e i. .rder e. .e~.ke~e ere oaa~rit~ .t ttie i.d~Ltei.sM ~e~eL~ .eeMre~. beawe .t ~6e rsilrre d tV ll.~ty~.r t• v~r w tu. wastaeM. li~i1~4. ~?Ii~tiN ~r eaersbra~oe ~a s~ia ~c~pe~t~. pnvidd. it ~6a11 wt be aecaNaq K eequisite twt thc u~t~,a~ee ~11 irM pq ti~e ~we. ' 2. T6e Mortaa~ee au~, at ~ optio~. and ~rit6ont waiv ~'n~ his ris6t to aooekrate t6e indabtodae~s hercbr ~ecured aud a foe+eclo~e tl~e ssee, par eit6er before or dter deliaq~eocy aay oc all of thwe eertain obliaation~ raitiired br the t~eno~ bereof to be paid by~t~6e M~~ or [or t6e protectioa o[ the moetaaae .ecurity or for t6e oolleo~ tioa ot t6e ind~ebtedneM henb~ keured. All wms ~o advanoed or paid by t6e Mortaa~uut ahall be char6ed into t6e mort6aae aocount aad beoo~me aa inte6cal part thereof. aubject ia aU i+e~pects to the terme, condition~, and oovcnantr oF tbe a[orewid r~~wr~ aote. sod t!w mortaa~e, a~ [dty aad to t6~e ~ame a~ta~t ss thouah : put of t6e osiaioal c`~p ~ ioa deaoed br said note md sewred b~ t6ia mortaa~e, exocptiaa howevu, that said sums slull be repaid the Mortaa~ee forthwit6 upon ib demaad aad be in addidon to t6e n6ular moatbly inatallmeab provided by t6e ~norc~.6e note. . 3. T6at t6e abstnct or abstracta of title ooverins t6e mortaa6cd propert~ s4a11 at al! tima,.dur~' t6e life ot thi~ mo remai.n in po~seMioa o[ tl~e Mortaa~ee and in event o[ the foreclowre o[ this mort6aae or other ~awter of tide to t mort6ased Property in e:tin6ui~hment of tLe indebtedneu secue+ed herebr, all ri66t, tide and iatereat of tlie lkiort6s6or in and to any s~.ch sbstracis of title shall pas9 to the pnrcLa~er or arantce. 4. To t6e e:tent ot t6e indebted~s of tl~e Mort;s6or to t6e ~!lortsaaee dc~cribed herein or ~red hereb~r, the 1liartg~~~e i~ her~by aib~+o~ated to the liea or liens and to the rishts o~ the o~.-nen and holders thereof of eac6 and e~ecy a~ort6a~e. lien or other incumbraaae oa t6e land deacribed hereia wltich is paid and/or eatis6ed, in rvhole ~ or in part, out o[ tLe prooeeds of t6e loan dacribed berein or aecured herebY, xnd the respectire lieos d said s~oct• ` 6a~ea. liew or other incnmbranoe~, ~hall be md tbe same and each of them hereby u preserved and shall psN to and ~ be beld bg the Mort6asee herein as secnriq for the indebtedness to t6e 111ortaa~ee herein deacribed or hereb~ sa;ured. to tLe aame e~te4t that it Mould h~ve beea pre+erved and would ha~e been paMed to and bcen Leld b~ the Mort6aaee had it beea dnly and ady a~si~ned, transferred, set orer, and delir-ered wito the Mortga6ee by separate deed of aasi~ment, not~vidh~lu~ the [aM that the satne may be aatisfied and csnceUed of r~eoord, it bein6 the intention o[ the partiea hento that tLe same rrill be wtisfied aad canoeUed oi recocd b~ the holden thercof xt or abont the tia~e of the recordin~ of tlw mortaaae. 5. In the evant the ownenhip of the mottaa~ed prcmixs. or any part diereof, l~ecomes veated in a person othe.r than tlie Mo~r, the'~io t~a~ce may. without aotioe to dre Mort~or, deal with suc6 saccwor or auc~e~son in iiitereat M-ith reiee+euoe to t~' deed and_t6e debt 6ereb}~ ~red, in the same manner as with the Mortaa6or without in anv way ~ltiatina or di.eh.~a c6e Morc~.sor~• li~bildy hee+eunder or upon the debt heceby ~ecured. No sale of tlie p~mise~ hee~cbT nio~ and no forbearanoc on the part of t6e '_liort~a6ee, and no extcnaion of the tia~e for 16e payment of the debt 6e aecured aiven bj t6e Mortaaaee a~all operate to relea~e. diacharae, modify, chanae or alfed the ori~inal ~ GabiGty of the Mort6asor herein eitlier in whole or in paeL fi. 14~e Gw of tlua deed aecnrea and ~6a11 oontiane to ~ccare paymeat of said indebtednas or indebtedna~, liowe~er evideac~d, whet6er by ~aid pt~omia~otr note or a~ renewal or e:tmsiou thereof or wbstitute thenfor, or otl~erwiae, natil all ~ach indc6tedoe~s s6a11 l~ave been fnlh paid. ~ 7. In the eve»t the morigagors sell, canvey or transJ~r t?re mortgaged premises during the li/e oj Neis morfgage, ~ tl:en this mortgnge shall, at ~ht option oj the 1ltortgag~~ herein, L~comc immediat~ly due nnd payablt for tht full sum o/ ! the principol 6alnnce n»d intertst then du~. ~ . 8. T6e terms "Mortaaaor" and "Mort6,aaee" w6eaever used in this instrumeat aLall include the heirs, peraonal repe~enentative~, aioees~ors ~cad a~si~ of the reapective puties hereta ~/Lere~er used thc sin~ular nwnber ahall inelode the plural and t6e plural tbe sinanlar, and the use of aay ~ender s6a11 inelude all ~eaden. - ~ ~ ~-1 Si6ned. ~eakd and delivered in tbe pnaence of : ( ) ` ` . + . - ; - ~~2'~-rs.,~.~ . - -.7tJ . . - • ~ : STATS OF FLORIDA ~ COUNTY OF~ ~ . C Be[oe~e ae f appeared ISR?~L P~Pl'SRSQ~[ aad ~A MI1SQ1f PA~~ hi~ vife, to ~we well k~o~w~ asd k~?a to ~e to be the i~dividaab de~cribed in and Mr6o ezecnted t6e foreaoin6 ia~a~t+ and ~ ad~no~wled~ea before a~e t6at tbey ~ted the ~ame ror t6e purpo~e~ t6ee+eia rea~ed. ~VITNBSS haed and ~ oieial ~eai i~ tbe Com.q and sate last afore~aid t6i~ i0th ds~ o! J , 966. ~ NARL R. AVERY ~ , ~ . ~ - - - :;~_i- :oa.~~:'-~,;. NOTARr pUdUC. STATE of F~;pRiDA ~t IARGE > . • / , MY f~OMYISSION EXPIRES J N E 30. 196~ ' ~ My Coauni..io. Fa~pu~e.. ~fiNn~~ . Na.r'~ Pabh~ State oE i ~ ; ; , ~ o - s ~ ~uc E cou . ; r: ~ ~'o• " ~ , T.~ coRO vEai~iE~ _ ` ~ - ~ _ _ f:. i~,~~' O;j , 23 ~ 'O : 66 JUt~ ~ ~o~z_R ~~R~~3 ~ BOOK~48 CI.ERK CIRCUIT COURT s ~~7 ~ t~ : . ~ _