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HomeMy WebLinkAbout0609 • ` tur file ,'1-1:'t~bl ~ 1 M.~tppr. L twwt .t t.e~eel...re .f tDL m.~tp~e .r .tl~ a..le~ .t titls u dw .~ts~~ei Pt~pert~ ia rauispi.luneat .t tbe iwiebe- edna~ ~scwed ~ebr. alt ri~ titk ~sd iaterat ~f t6e Ns~t~K ia ui t~ wT wrnaoe p~licia thew i~ t~ree ~ll paw u ~he ~ae~e6w~ +t ~aNM. t~~ r. ~t...~. e..~~ Mur r+a. ~..a e..~, ~.~ra.~.... a~reea~q. awd'etisw~ ~ad e~vcoa~a i~ ~aid Kwaiwey n~te aod 'u t~L +eed ~et /seti~. ~ (il 'lUM i~ My? ~t Mii ~~r ~f oww~ ~uelw rete~ei t~ be a~t lc+eptl asd frll~ ~aW withii !liteea dari rest dtor t6e w~w Kvecallf bee+~sas dre sad M7~b1t. K it e~ ud eveq ~ stiprlati«n~ a~secmenu. cwdid~ awa e~veassa ~t ~aid pn~mis~~ Mte a~~ t~ deed. or ei~6eq are a~t [aU~ pee[«n?~d. eoiePlied vrit? and ab~dei b7. t6e s~ia ~urepte ~vv a?esti~ u yid pewa~Mr Nte ~11 beewe dre aea M7~ [ath~+itL K tbereafter u t6e optiM d t?e Mortpiee as tal1~ aad c~mpletd~ ~ it t6e saii a~repu sow ~f said pnois~t ~ wa~ ~+ipnatil7 ~tipul~ t~ be vsid a~ ~rei dar. aa~ki~~ i~ Mia pn~i~~ ~w o~ bercia t~ t6a eoatr~ry MtwitWt~adin~. (j) ?hat us Kder a.eeele~ac~ d~e a~.u~rib .t ~he iadebkd.eo l~rebr .e~~ei. bec,~ue d~be ail~~e .t ~6e M.K~.~.r u rn w tas, aMaacaewt, li~dilit~r. ~bttptiM ~r ewc~mb~aece ~aia p+peetr. ~ t~erei~ pnvided. ;t ~Lail aot be aeeeMaqr K e~eqtii~ite t6~t , tbe m~et~a`ee ~all 6nt p?7 the wac. ~ 2, T6e Mort6a~ee m~y, at his optioe, and without wuvu~ Lis riaht to acoelerate the indebtedaa~ henby secused and to foreclo~e the s~a~e, pay either befoce or dter deliaquGUCy an or all o[ those eertain obGaationa ~ c~eqniced by t6e terons hceeof to be paid bp ~t_he Mo~a~ ot for t6e protection of ~ mortaase eecurity or ior t6e ooUea i tion of the indebtedne~s herebr ~ecuced. All sums so advaa~oed or Qud by t6e Mocc6.gne shall be char~ed into the ` mortsage account and beoome aa inte6ral part thereof, wbject in all tespecb to the ternu~ conditions, and oovenants ot tlia Joresaid pr~mis~oty note, and tlw m a~ [allr and to tLe ~ame a~tent as thouah a part of t6e ori6ind indebtedneM e~-idenced by said note aad secured~ thia mortsa~e, eaocptin6 however, t6at sud sums shsll be repud . the Mort6aaee forthwith upon it~ dewand and be in addition to tLe reaular monthly instalLaents provided by the i ~noctgage note. 3. T!?at d~e abstract or abstracb of title coverin~ t6e mort6ascd Prnperty slull at all timear durina the li~e of this monga~e. remaia in poMe~sian of tbe Mortaa6ee and ia evwt of the foreclosure o[ this mortgaae or ot6et transfer of title to the mort6a6ed property ia extin6uishment of t6e indcbtednexs aecured 6ereby, all rig6t, title ~nd intercat of the biort~or in and to ~ny s~.ch abstrads of tide ~hall Pas~ to the pure6aser or arantee. 4. 7o the extcnt of t6e indebtedneM of tLe Mort6a6or to the Mort~aaee described herein or secured hereby+ } the ~i~Mga~e i~ henby wbo~a ted to t6e lien or liens and to tht ri~6ts of tlie o~.-ners and holders thereof of cach ~ and every m:,::dage. liea or rot6Cr incambranoe on t6e land described herein whecL is paid and/or satis6ed, in whole ; or in part, out of the prooeeds of the loan de~cribed herein or secuc+ed he~ebY, and the respcctive licns o[ said mort- . ga6es, Gew or other iacumb+r+inee~. ~ball be aad t~e same aad each of them hereb~ is preserved and shall paM to and I~e held b~ t6e Mort6asee 6erein a~ ~ecuriq for the indebtednees to the lliortga6ee het+ein described or hereby ~ewred. co the same cztent t6at it v?ould have beea preicrned aad vra~ld hatie ~a a~sed to and been heid by the Mort6aaee I~ad it bcen duly and y a~si~~ed, tranderred, ~et ov~er. and delive~ uuto the Moct6s6ee by scparate deed of :~i~nenb notw-itbstaa~t6e fact t6at the aame may be aatisfied aad canceUed of reoord, it beina the intention of the partiea hereto that the ~ame will be aatisfied aod canoelled oE record bf the holders thereof at or about the time of ; thc ncordia~ of tha mortp~e. ' 5. In the evmt the awncrahip o[ the mort~aaed premiees. oc an) pad tliereof, becomes veated in a penon othtr ; than tl~e Mort6aao:, t6e'~iortaagee mar. withont notice to die Mort6a~or, deal with such auccssor or sucoaeor~ in : intereet with refee+ence to tWs deed and tbe debt herebr secured, in the eame manner as ~+rith the Monaagor without in an~ way ~-itiatiab or discharain6 the Mortaaaor'a liability hereunder or upon the debt hereby secured. No sale of the p~miee+? hereb~ ntort~a6ed and no Eorbearance on the patt of the '_1~ort6aaee, and no exteaaion of the time ior tLe payment of the de t hcrtb~ aecured aiven b~ the Mort6asee shaU operate to release, diacliar6e, modify, chan~e or alFect the ori~inal liabilit~ of the Mott~a~Cor her~eia eit6er in wrbole or in paA. 6. The lien of this deed securea and si~all continne to ~cure pa}ment of aaid indebtednese or indebte~nea, liowerer evidenced, whether by ~aid promiMOry note or any rene~+?a1 or esta~sion thereof or substitute therrlor, or otl~erwise, nntii all wch indebtedaeas ahall ha~e been [ulh paid. T. In t/ie tvent t/te ~»nrtgagors sett, convry or trans/er tht mortgaged premis~s duri»g ~he lije oj tliis mortgaRe, ' then this mortgage shall, nt tIu option oJ tht Mor~gage`e h~rein, become rmmedin[ely due nnd paya6le for the futl swn o/ i tJre princip~l balnnce a~td in~erest thdn ~.p i 8. The terms "Mort6aaor and "Mort6a~ee" whenever uaed in this instrumeat sh~ll inclnde tfie heirs, pcrsonal repre+entatives, auooessors and a~si~pu of the respective puties hereto. Wl~erever usecl the Einaular number ehall inelude _ the plurai and ihe plural the unan]ar, sad the nse af any ~ender s6a11 include all 6eadera. 9 ~%?Z^~~C% - . . . ~P ~ ed~ s~a deVve pre~cna oE. _ - - ~ ~5~~ ~ = - _ - - - . _ -~-'G--~f~.'G.~.~`.--..-----(S~-) _ . _ . - - - STATE OF FLORIDA ~ t;OUi~ITY OF I~IZ sT. ~ac Before me peewna y appeared RDNIII COABS and ~IAtICB COBBS~ h1~ xtfe~ to me well known aad known to n~e to be tbe individnab dacrib~ in and who executcd the fo~+e6ain6 instrument, and acknowled6ed be(ore me that they executed the same for the purposes therein ezprea~ed. ~ITNESS my hand and ~ oificial ~eal ia the County and Statr: last aEoresaid thi~ i9th aa~ of e~as , 66. ~ - , ' NARL' R. A`; ~RY UOTARY PUBIiC. STATE of FC~RIDA at IARCE - ~IY COMM{SSION FJ(PIRES 1UNE 30, 196I ~ ' ii~• ('.ommiaion Expi : _ - - Nota Pubtic. Statc of Florid ~ f . . . : - • , . p R~CORDE~ . 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