HomeMy WebLinkAbout0848 ` ` C~ur file ti~l-1?,803
M~etppr. 4 erswt ~f fKeele~~~e nf Ibu ~nortpRe ~~tber tniw~er ~f ti~Ie t~ tbe w~ip~ed prspe~tr +a eatiapi~ha+ce~ et d~e iwde?t•
edueM aeed~ wnsr, ~II ri~6t, titl~ snd iu~ere~t ~f the Mert~K iw ~d 1~ wy IMY~fIKt p~lieia thew iw I~ee ~hall pw t~ tre
jKii~~Hifr Yr i[fitit.
l~1 T• wd«.~. e..~1~ M~~ a.d .b;de by ea~ ~wa ererr t6e dipl~tiw. ~~eawqu. aywditiaw aad csrca~wa iw wid p~~miw~a~
n~te aad i~ 1l~ d~ed aet f~e11~.
ti) T1~t it ~yr ~t Ni~ auw ~1 ~«~e~ ~reia reteaed t~ be Mt K~rptlr aad i~ii~ paid wi*J?ta !!tlrre ~7s ~st
Jter the wM Krtnll~ bee~eae~ dYe awa prable. K it wei ud s tY
P~+~7 aue a~a t`i~ deed. or either. ~se u~t ~rll ~7 wPYVU~. ~s~~+. ~~nditi.wr aa~ cevea~nq ~t aaid
u ~r ned.~+ned. e+nylki ..~~6 aad .~bide~ br. t?e s~i~i aurepte ~~ur a~eatieaed iw
yid pnaiwe~ ~ste ~all beeoa~e Jrc aa~ parable [inrwitr K tbereattcr u tbe optioa ef tbe Non~ta~ee a~ folir sad c«optetel~ ~
if Ibe wl •~e pu swa said prwais~xY wote wrM oripsdlr ~tipul~teJ t~ be paid ~w su~L d~y. ~wri4i~s i~ wid p~++wiwq MM
o~ Uersiw b twe e~wtnq a~twitlWaadin~.
( j 1'11ut ia order N~eeeler~te il~e n~eturit~ ~t the iadebted~ iicreb~ secured, bcc~we rf the (ail~re e~ tbe l1[wtp~ t~ p~y M~
t~:. arew~aeat~ (idilitr. ~?lipti~w K eweuu.branre up.~ aid rerpertr. a Lerria provided~ it aluU not be neeewaqr K reqrwte tlMt
the u~~et~,a~tee shall fint p~~ the ~aae.
2. 17ie Mortaa~ee ~nar, at hu option, and without waivin~ 4is risht to aooelerate the iudebtednew hereby
eccuted and to fonxlae the samc, pay either be[ore or after deliuqueacy ~ar os all of those oertain obli~Uona
ceqnieed ~y t6e ~erms berea iu i~ ~~ia b3 u~ :~iurig~ ~ar ~zz~ii~ti~ ~a~~~$o ~,~ri~y or ro~ ~ ~u~.
~;on o[ ~hc i~deb~cdn«. he~by k~~red. All auau w a~vanced or paid by the ~'lortaagr.e shall be charaed into the ~
mort6a~e account aud become an iate6~al part t6ereof. snbject ia a!! r~r !h« !cs....i r..nditiwu, and covenanis
of the aiore~aid promierory notq aad thia mortsa~e, a~ [uUy snd to the ~ame e~teat as thouah a part of the oriaind
indr.btedneN e~idenocd by auid note and eecur+ed by this motts~6e. exceptiaa huwC~~er, that said sums ~hall be repaid
the Mortaasee forthwith upon ib deu~and aad 6e in additioa to thc rc6ular monthly instalimepts pmvided by the
~nortg~~e eote.
3. That tl~e ab~ract or abstnct~ of title coverin~ tlre mortRaRed property sl~ali at xll timcs, durin6 the life ot
this ~noriga6e, remaia in pwsasioa of the Moctaa~ee and in event of t~?c forecloeur+e oi thia mortgaae or other iranster
of title to ihe mortgaaed property in extinauishment oi t6e indebtedneas secured hereby. all right, title and intercat
of t6e 11~ort6a6or ia and to an~ at.ch abttacb oi tide ~hall pas, to the pnrchaeer or arantce.
4. 7o ihe extent o[ l6e indebtednees of the Mort6aaur to th~ Mortgagee described herein or aecund 6ereby,
the 11io:tgadee is ~ereby wbr~
ated to the lien or liens aad to thc ri~6O o[ ti~e o~~ners and holders t6ereof o[ each ,
and evory mo~ lien or other incwnbrande on tl~e laud dperibe~l 1~ereia whicb is paid and/or eatiefied, in w6ole ;
or inps rt, out of the prooeed~ of t6e loaA ddcribed ~rein or secured hereby. and the reapcctive liens of s~id mort-
ga~e~, liens ot otl~er incumbranoe~. s{ull be and t6e satne aad each of" the~n hereb~ i~ preaerved and shall~ pass to and
be held by the Mott6a~ee herein as securit~ for t6e indebt~ednea~ to the ~liortgagce herein described or henby ~ecured.~
eo tde aame exteat t6at it Noald have been presetred and would have heen paaed to and been held by the Mort6aace ~
l~ad it beea duly and reaul~dy a~si~~ trau~fernd. ~et over. and delivered w~to tlie Moctgaaee by eeparate deed of i
au~i~unent, notwitlutandin6 the fact that the samc may be s~tis6ed and cancelkd of record, it beina the intention of the
~?arties hereto t6at t6e same witl be satis6cd and caooeUed of ~+eoord b~ tl~ holdeti thet~eof at or about ibe time of
the ncordin6 of tlw morlaaae.
S. In the eveat the ownership of the mortbaaed premixs, or aoy part tl~creof~ becoines vested in a penon other '
than tl~e Mortaaaor, thc'_1lottaagce may, withouc notice to d~e Mon6a6or, deal with such succasor or succason in
interext with nfenx~ce to this dexd aad the debt hereby secured, in the aame manner ae with t6e Mortgagor without
in ~uy war ~itiatin~ or discharRing the~ Mort~a~or
• liabiGt~ ~ereunder or npoa the debt hereby secured. No aale d
tt~c premiseR hereb~• mort~agrd and no forbearsnce on the patt of the '.11ortRa~ee, and no extension ~?f the time For the
l~ayn~eat of the debt herc ~ secared pven by the Mort6a~ee shall operate to release. di~cl~ar6e, modify, chanae or a6eet
tl~e oriXinal liibilit~ of the 1~iort~a~or hercin either in ~rhoie or in part.
fi. Tl~e lien of thie deed secures u~d ahall continoe to secure payment of said iadebtednea~ or indebtedness,
I~owe~er evidenced, whether by said pmmisaory note or a~r renewal or extension thenoi or aubstitute therrtor, or
otlierwise. nntil all such indebtedneas Ahall h~~~t~h ~~n
7. I?t tlte er~e~rt the ~nnrlen~ors s~ll, co~rr~~~ nr tr~naf~~~ llie mor~gn-
{e~!-~~in~c~d~!?Y9ig~/~~i/~~tl~ts nto?-tgaLe,
tl~en this mort a e slinll, nl ~l~e u tion o~he 11 RN~'RA~~0~It9? r t ~ jor th~ ftrll stnn o( '
~ t~ J ~ ~~~rer~ ~t,~tNb~~~ ;
!~~r prrncirnl bnlnnre ~nd interest lhe?: dut.
~a 1 4 8. 86 fo9eyho~. ~,ith occru'i in~~r~~~~ ~ ersonal t
8. The terme "Mort or" and "Mor~e ~~~~~n t is instrumen~~a 1~n ei P ~
rcprerent~tives, aucaesson and aesiRns oE the rc.~ ~ a M~AA~i ~t~ll ~f~i~R Np~e~ ahall include
the plurai and the plural the sin~~lar, and th~~~ y~~~l1~~1~e~~~~~Q9~• ~
7 )
_
Si~[ned. ee~l 1' intlee presence o~: . . ~ ~ . . . ($g~,)
~ '~r~
_ . ~ ` ^
f~ , . (Sssr.j
~ i
STATE OF FLORIUA i
' COUNTY OF s - ~
SAI~'~'o LII~ ~~n~lty appeared ~jp~OlaD NE~fITON & CARONIAS NEWTON ~ h~s pife ~
to ~ae well known and kaown to me to be the iadividuals deacribed in and who eaecuted the tore6oia6 inatrument~ and
ackaowledRed befote me that they eYecuted the same for the purposes therein espreseed. ~ITNESS my hand and
o~ei~l ~eal ia the County and State last aforesaid tlw 5th day Of et 1966.
~ t ,
„ .
. ....;1
NARC R. AVERY l= .t 7 f' :
- -
NOTARY PvBIIC, ~TATE of Fi0R10A at LARGf ~ ~-~~l • ~ _
MY COMMISSION EXPIRES JUNE 3C1, 1967 =
M~• Commiesion Expite~: Not~rr Public. State of '-~::~~~,r' ~~r _
- ~ 10P~ .:y: 4
ST~ LUC ~ ~ REC~RDED y'% :~..~i~.i~~.:~
~F~n~, ~OUNTY. RI. ='~.~~~~~~~:~t,,
- ~'1= rFp .
~fl~J 8 Pl~~ . ~ 7
: : ~l~ 154 248
: 4$,~s
c~er~K BOOK -
Clr,CU17 CpURT
~ ~ - - _
F -