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~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.
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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. -
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Si6ned. ~eakd and delivered in tbe pnaence of : ( ) `
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STATS OF FLORIDA ~
COUNTY OF~ ~
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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.
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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 -
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66 JUt~ ~
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~~R~~3 ~ BOOK~48
CI.ERK CIRCUIT COURT s ~~7
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