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Our file ;r8-13,859
M~etps~r. I. .w.t ~f c.aclM.re tb1. m.et`.~e .r .tL~ wiwfer .f tit4 c. ere ~etp~p~p~t~ iw ~tiwpt.6~eat ~6e i~~
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l. d1 ridu. title ua i~tere~t ~t the ~[ert{~K i~ yd t~ w L~rrswoe rliele~ t6e~ iw tKee ~all Ma t~ 1M
T~ Md~. a~17 ~ritk a~ a~id~ e~e1 ~wi w~s ttie ~tiNlatiw. aP+~sNq, e.~iitiw a.~ c~veMw u~ii K.a.i~7
a~te wd i~ t~i~ i~ei ~st t~t?.
(i! 'lUa~t it w d Nii d s~~ 6e~eL retercei u b~ Nt ~ewepl a~i [rll~ Mli ~ri~L tlttees i~ ~t
dtee t6e w~ Nw~sU~ bet~ma d~e a~ M~ab4, K it wei ui ~ra7 ~ stlpdati~a. ~~oe~t~. cwditi~ u~ e~oe~~MS ~t wi~
P~ MN ~ t~ K t~l`!t~ N! Mt ~ ~~lL~Od~ CNY~ MIt~ alla b7~ !`0 M~~ i~OpN ~11~ ~~Ma ~
YId pf~01YNf~ Mb bOC~O ~Q Ya N1i~f~~A`Mtf~ K lbCf~C~tOt al fbQ ~M ~ t~0 ~Oft~IjO! Y~YU~ i~a N~ M
:r a~s ..i~~~eepM ,.m ~t ..ia ~o;...t, ..te ~r.. .dp..u, ~ti~uls~ei t. be o.la ....eL a.T. wttii~s i~ ..ii K..in.~~
or haeja t~ tie ee~Mnrf Nt~ritdt~ia~.
l j) lbat iu ~e~e~ t. ~ecelaa~e tl~s a~atrritr ~t t6e isdebteiew I~ereL7 ~ee~rei. beawe d tbe f
W~u~s ~f tL~ liwtppr b M7 ~7
toc. awe~ne~t, W~ilit~. ~iliptiN K esewwbrasee up~w ~at~ ~at~. a~ he~ pr~videi~ it ~Ldl a~t ~e wea~e~ ~t rqai~ia t~st
tl~e u~~t~asee ~116tst pq the ~n~e.
2 The Mo~ee mar, at bis optioe, and witho~t wuvu'~ Lis ria6t to aooelente the iadebtedna~ 6ereby
~eaured aad to foreclo~e tl~e same, pay eitLer be[ore or after delinqneocf aa or all o[ t6we oertain obliaatioaa
reqaired by the teraw 6ereof to be paid by~t~6e Mort~a~oc for t6e p~+otection of ~ mortaaae ~ecurity or [or tbe oollea
tion of the iadebtedne~s Lee~ aeeured. All sums ~o advanoed or pud by t6e Mortaaaoe s6a11 be charaed into tLe i
mort6aae aceount and beoo~ne an intcaral part t6ereof, aubject in all re~pecta to the terms, oonditions, and covenants
o[ t6e aioe~esaid pr~u~wr~ note, aad tLis m a~ [Qll~ and to the wne attent aa thou6h • part o[ t6e oriainal i
indebtedne~s evidsneed by said note aad secure y thi~ mort6aae, aroeptina however, that said saws shall be repaid
the Mottaasee forthwit6 upon its demaad and be in additiou to tLe reaular wontlily installmenb provided by the
~nort~xge note.
3. That tLe abatra~ or abstncta of title ooverina tbe mortaa~ed Propertj sLali at all tiraes, dnrin6 tha life oE
thi~ ~nortga~e. remain ia pw~e~~ion of -t6e Mortaa~ee aad ia event of t6e forecloeure of this mortsase or othet tran~fet
of tide to the mortaaaed Property in eztin6uishment d' the indebtedness secured hereby, all ri66y tide and interest
of the 1lioct~or ia aad to any wch abstracb of title aLall paw to the pnrc6aser or srantce.
4. To the extent of t6e indebtedad~ of t6e Mo~a~or to the ~Noit~ee de~cribed henin or ~ecured henbp,
the l~iort~ee i~ her~by a~br~s ted to t6e lim or lieos and to the ri~6b of t6e ow-nen and holden thereo~f of cac6
and every mortaa~e, liea or other incumbnuoe on tl~e laad described herein wluc6 i~ paid and/or aatisfied, io ~rlale
or in part, ont of tLe prooeeds of t6e loan de~cribed Lereis or ~ecured he~rby, and t!?t reMecti~e 4cos of s~id mort
6+~6«• lieos or ot6er incumbsanou, ~all be and t6e same and each o~ thcm hee+eby i~ preserved and s6~a11 pa~s to and
be held by t6e Mortaaaee hercia as ~urit~ for t6e ind~edness to t6e ~ISort~a~ee herein described or hereb~ ~eau+ed,
to the 8ame eitent t6at it woald have becn pre~erved and wonld 6ave beea paMed to and beea held by the Mortaa~ee
h~d ic bcea dnly .nd y a~sianed, transferred, ~et orer, and delivered unto t6e Mortaa6ee by separate deed oi
~aai~na~ent, notwid~~~~m~t6e fact t6at t6e ~ame ma~ be aati~&ed and caneelkd of reoord, it beina the ineention a~ the '
parties hereto that the same ~rill be satisfied and canoeUed of ncord bp the bolden thereof at or about the time of
the n-cordin6 of this mortaaae. _
S. In the ereat t}ie ownerahip of the mort6a~ed pranixs. or aa~ part tbereof, becomes vested in a penon other
than the Mortaaaor, tlie '~io g may, without notioe to the Mortaaaor, deal with wch succe~sor or auooa~on in
iutereat ~cith refennce to t~deed and t6e debt hereb~ ~ewred, in the same manner as with the Mortaaaor withont
in aay way vitiatinE or dischar6in6 the Moetaaaor's liabilit~ 6ee~eander or upoa the debt herrbJr eecund. No sale oE
tiie premiee~ hetcb raort~aSed and no forbearanoe on t6e part of the !I~Iortaa6ee, and no exteasion of the time ior the
paynunt of the de~ 6enb~ secured aivm b~ t6e Moctsa~~ee ~6all operate to relea~e, dischar6e, modify, chanac or a6ect '
the ori~ginal GabiGty of the Mort6a~or herein either in ~rl~oie or in part.
C~. The lien of this deed eecures and a6a11 oontinue to secare payment of said iudebtedne~ or indebtedne~a,
liowerer evidenced, whcther by said proa~iMOry note or any reoewal or e:tension thereof or snbstitnte t6erefor, or
odierwiee,, nntil all wch indebtednws s6dl have been (nll~ paid. ~
T. In ih~ event the mortgagors selt, convry or transj~r fht morfgnged prtmfses during the lif~ of this mortgage,
' then this mo~tgage shall, nt the ofition of th~ hiortgagte herein, G~com~ immediately due and payablt for tht full swn o/
'i the pri»ci~io~ balanct mrd intertst then due.
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~ 8. The terms "Mortgaaor^ and "Mort~,?a~" wrl~eaever u~ed in thia instrumcnt aLall inclnde the heire, pereonal
E reprerentatives, suooessois and aeaiRos of the respective partia hereta ~her~ever used tbe Ein6ul~r nnmber ahall include d
tlie plnral and the plunl the sin6ular, and the use of any ~ender shall ineinde a116eaders. ~
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Si d, eealcd and de ' in the preaenoe of: ~S~L~
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STATE OF FIARIDA
COUNTY OF ~ ~ ~
3?. I~T ~
Before me penonally aPPeared I~I03B PlI~S'T and OLLIB B. PTBSi~l~ hi• vif~~
to me well known aad known to me to be tLe individaaL dacribed in and who e:ecuted the fore6oin6 inatn~meat, and
acknowledaed before me t6at they esecuted the same for the purpwes thereia ~pres~ed. qITNESS wr hand aad
o6cial ~eal in the County? and State last aforeaaid thi~ ~9th aa~ or enen.t 6. ~
~ ~.tui~:uu ;
~ NARL R. AVERY '
.J~ . y~~d.0 ~~•'~i~''i--•-- t
NOTARY PUBLIC, S7ATE of fIORiDA at LARCE . . . . .
MY COMMISSIOH EXPIRES IUME 30, 1957 • ~ ' % `
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My Commis~ion E: iee~: ~ ' ~ ~ ~ ~ i
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' p' ~ Notarp Pnblic, State af Flos'ida ~ ~ '
p • ~ '~1~1j~ _ ~ t~"' f
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