HomeMy WebLinkAbout0799 ' ' Cur ~i2e~;~1-13,E,16
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~iww Mt~ni L~e~~. dl ti~t, fitls Y~ liN~ete~t ~l t6t Ywt~~ iw a~ t~ ~ iwes~w ~Ikie~ tbea in fWOS ~11 MN u t`e
NreLw~ K PrM~.
l~l T~ ~t~. e~w~17 ~ a~i ~ii~ ~eL ~i ~.~e~r tis ~tiMt~tiw. a~rMwe~q. aw~ici.w~ ud avew~wa i~ Mid ~n+wiw.r~ ~
w~te a~i i~ tW i~i rt t~?. ~
U I Ttirt it aq ~t Mii ~f• s~ ~el~ e~etern~ t~ M Nt~~ a~i tdl~ Mii rld~h tfiteea Lr ~est
~ite~ tre Ms~ wwnlls bee~wM d~s awi M~abM. ~r it ~ awi veqr dr stip~l~a, a~~. cwdit~~ a~ c~rcww ~t Mid
pe~e~ rM a~i t~L is~~. K dt~. aro Mt t M+t~++uei. e~nP~I~ ~ri~ ad ~bidd b~. t`e a~i~ a~p~epu ~w~ ~tlwsi i~
M~d 'f'MtIM~f~ Nb ~WI bOt~~O Ma priWl~N14MIf~ ~f lbCf+Q~It~ N fb0 O~t~N ~I t~! M~lip~OO Y~~II~ Yd CMI~{ltQl~ Y
J t~0 M~, ~P~~ i1A ~~Nlr Nb MM N'~~y KI~ b ~1! ~a N wt` ~j~ iq~ej ~ MI~ p[M~MN~ N0~
~fll~ b O~ t~fff~ NlMjl~llls.
(3~ ~1~ ~II M+lf 1~ ~tClNffM iti! O1i~Yllt~ ~ tL! 1~ b![!`~ NCY~O~ bKK\Y/O Y~ fb! ~~~Y!'O O~ lw ~~fl~K b~7 Y~
tu. waaoeN. W~i~iq?. ~N ~e eaernb~asce opM wid ~pe+tr. M I~ceei~ pnvidea. it ~6a11 aat `e ~ceewat~ K reqw~ite t?~t
the awrt~~ee ~11 fint pnr w~e.
2. T6e Mor~ee mar. at his optioe, and withoaR wuv~'a~ his risht to aooelerate the indebtcdnw 6ereb~
~ecured aad to [oreclu~e t6e u~ae, par eit6er be[ore or aRer deliaquenc~ anr or all of thwe oertain obliaatiooa
reqnie+ed by t6e terar bereo[ to be paid by ~t~6e M~
or for t6e protection of the mortaaae ~ecurity+ or [or tbe oolleo~
tion of tbe indebtedna~ berebr ~ecured. All wms ~o advanoe~i or paid by t6e Mort~gee ahau be chuaed ina t6a
mort6aae aooount and beoo~ne an inte~ral part t6eraof, subject ia all r~pects to t6e term~, ooaditions, and ooreaanb
o[ t6e a[ore~aid pnrni~NOry not~ asd this as [ally and to tL~e aame a~tent as thouah • part o[ the ori6inal
denced by said nae and .ecu y this mort6aae, e~oeptin6 however, t6at sud sums shall be ~paid
indebtedneN e~-i ~n
the Mottsa~ee [orthwith upon ib dewand and be in addidon to the reaul~~ moatLly instaUmenb prnvided by the
~nori6aae note.
3. That the abstract or abstracta of title ooverin6 t6a mort6aacd property sLall at all times, durin~ the life oE
this u~ortaa~e. remain in poMersioa of t6e ~ortaa~ee and in e~ent of the foreclosure of tLis mortaaae or ot6er tratu[et
of tide to tLe mort6a~ed property in e~ctin6uishaieat ol t6e in~ebtedne~s secured hereby, all riaht, title aad intereet
of the 1liort6aaor in and to any auch abstracta of tide shall pass to t6e pnrcbaser or ~raatee.
4. To t6e e:tent of tLe indebtednew o[ t6e Mort~or to the Mortaagee de~cribed herein or aec~red henby, ;
the 1liort~a~ee i~ hereby wbro~ated to the lieu or 4eos aad to the ri~6ts of the o~vners and holdera thereof of eacb ~
and erery mortaaae. liea or other incumbranoe on the land described herein which is paid and/or satiefied, in whole
or in part, out of the prooeeds of t6e loan dwcribed hee~ein or secured hcreby, and tlie res~?ective liena of said mort-
6a~, lie.o~ or other incua~branee~, s6a11 be and t6e aame aad each of them hereL~ is ~~reserved and shaU paa to and
be held by t6e Moetaa~ee herein ss ~ecuritp for t6e indebtedneee to the 1liortaaBee herein described or hereby ~ea~red,
to tlu aame erie~i t6at it Noula 6are been pe+e~erved and would 6a~e been pa~sed to and bcen beld br the Mortaaaee
hsd it been dWy and arly arsi~ed, tnnsfecred, ~et over, and delir•ered u~~to tlie Mortaasee by aeparate deed of
aasi6wnent, notwrftlutai~ the fact that the same may be aatis6cd and cancelled of reoord, it beiu6 the intcntion oE the
partiea hereto tlut t6e s~me will be ~atis6ed and canoelled of record bf the holden thereof at or about the time of
the recordin6 of this mortaage.
S. Ia the evmt the ownerahip of the mortgaaed premixs. or aay part diereof~ becomes veated in a penon other
than the Moctga6or, the ~iott6a~ee ~may. ~rit6ont notiee to d~e Mortaaaor, deal with wch suca~eor or suooa~on in
iutereat N-ith refet~euee to thie deed and the debt hereb~ ~ecured, in tl~e eame manner as with the Mortaaaor without
in aup way ~-itiatina or di~char~in~ tlie Mort6aaor's liability 6ereunder or upon the dcbt herebr secured. No sale of
the premisd~ herebT niort a6ed and no forbearanoe on the part of the '_1~ortRa6ee, and no extension of the time for t6e
payment o[ tl~e debt herc~f ~ecue+ed aivm by the Moct6a6ee sUall operate to relea~e. disci~ar6e, modiiy, chan6e or alfect
the ori~inal liabilitp of the Mort6a~or herein either in ~r6ole or in paeL
fi. The lien of thu detd ~ecurea and slull eontiaoe b~te pa~n~ent o~ said iadebtednas or indebtedneW,
' I~owc~er evidcnoed, whet6er bp ~id promiMOry note or aup r~enewal or extension thereof or wbstitute therr.for, or
' otherwiee, nntil all wch indebtedneas s6a11 ~~~~d.~
~ T. In ~he event th~ ~nortgagors ull, c~lo rqpsler t mort~ga~~~r~ll~s~i~~ ~leis mortgage,
' then this mottgage sha11, at the option oj the llior ga~
e~le~~ n yab t r t)ee Jull sum o(
the princi
f~l bnlance nnd interest then due. ~ Z yV0.00 ~~~Y~~~? li
~ bgeth~ryyj~ - ~
a. The terms "Mort~aaor" and "M~~j~~r ~m this mst~~i,~lE~~lV1e i~e hein,pe rsoaal ~
erpe+e~eatatird, mooeerora and asa~pos of th~~~ve paru ~ ~~A~ie1f~~ n ber shall 'include _
t6e plnral aad the plural t6e ~lar, snd ~ ; ~O~
~
' ` ~
~ Si ~ealed de ere~ ' t6e p~r,senoe oI: . . - (Ssnt,) ;
~
. ,
- - - - ..............(SBAL) ~
- - . . .-~-G.~~- - -
S OF FW A ~
COUNTY OF~~ ~
S?. 1ACI
Be[ora se penoaaU~ appeared JOSSPB P~iI and BLAICHE P~01fI, hia rife,
to ere well keo~rs aud taoMra to se to be tl~e isdividaa4 de~cribea in and ~?ho e=ecated t6e toreaoin6 in~tcnmeat, aad
ackaowkd~ed befoeie me tLat they ezecute~ t6e ~ame [or t6e pncpo~es t6ereia espi+ered. ~VITNESS m~ haed md
~ oicial .eal in the Couatr and Staee la~t afore~aid thi~ 17 th dyr of June ~
NARL R. AVERY - • • ' ` ' ' ~
- .r-_
NOiARY PUBtIC, STATE Of fti0R10A ~t LARGE
My Come~iasaoa Ezpie+e~:~MY_ COMMISSWN Q/IRES IUME 30. 1961 N~~~~~ 1~J ~ l
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ST. LUC UNTY. FLA. ~r ^ . ' `y
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