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HomeMy WebLinkAbout2290 . Our file 8-14,009 ~ M•~pp~. IA e~eal (o~eclo~~re ui ~bi~ ~~~ereR.Re .r .~1~ en.der .I u~M i• ~e •.~p~ ~.pcnr IA l11/A~YI~I1111lIIl rI Illt iwdeM• edne.. .ecured re~ebr~ ~11 ~iRht. ti11~ ~nd iwlereat ~f Ibe I11Wt{~K iw ~ N ~q iM~heet p~li~ia tAew iw 1~?.~e ~hall pw 14 ~~nhw~ ~r ~~w~~e l~l Tp ped~e~a. ew~pl~ wi~a ud .?ide ?r e.~6 .•d e.e.r ~be .~i~.l.ri~ ~~rww~~a, eMdi~iw aad c~veau~a iw wid p~+wiw~e~ nNe ~nd iw Il~i~ deed ~et (~rth. I~I I1LN II q~ ~ Mi+ ~ww d mMe~ `ereiA refener t~ M wd M~tl a~i (rpr pW vritl~iw tlftren b» weat i ~(tct thc ~uoe ~evenllr 6ecoaw dYe aad p~y~bb. ~t it wei d~wt~ ~~tiwl~tiw~ ~~eea~cwta~ c~aduiwr aa~ esreo~wp wi~ V~~~7 ~~d tW decd. or either. ~te wN fdir ~l~nNi. e~iW ~+it? ari ~bii~i ?r. 1be w~i ~krsp~e ~ww mewti~wed iw wid ~nmiwq s~te srall becaae dne and pr~ble («t?~icr .r d~e~wfar a~ ~ire opu...t ebe Vonp~ee M t~llr ~ed ~+rsplaelr ~ if tAc ~aiJ •~e ptt swa ~t ~~id praai~r w~te ~?a~ ~tipasU7 ~tiw1M~ b be wid w~? d~y. ~w~nLiw~ i~ ~aia p~~iwq NM o~ hereiw tw tlie eewtetnr n~t~ritlwu~die=. 1 j 1?hst in Kdc~ t~ s~reletite tIK nutnrit~ tbe indebteie~ ~ecwed. bec~we th' ~~il~re e( t6e YwiNlw M7 ~7 a:. wewrneet, li~bility. ~lliRNi~w ar cnrwnbram~e u~ wd ar+re~tr. M htreiw pnriicd, it ahrll n~t be eeeewry K n~~i~ite tlwt tM' n~wiwRK ~1) IirN p~~ the ~uae. 2. Tl~e 111ort6a6ee inay, at his optioo. and withw~t waiv~' Iw riaht to aocelerate the indebtedneM hereby # ~ecun~d aad to forectwe the ~ame, par either be[ore ot after delinqueaey an o~r a!! ai thaee certain obli,sationa ~ r~a~ cequi~+ed 6r tbe ternu he~+eof to be paid by tl~e Mo or for ti~e protection o~ t~ m«~6•a~ ~~ri~r r~ t~ tion o( the indebtedaas hereby secured, All sum~ ~o advaooed or paid by the Moreg~~e ~hall be char~! into t6e ' ~nort6age account and ba.wme an integral p~rt t6ee~eof. subject in all respect~ to tbe ternw, conditiona, aad coveaant~ + of the afore~aid promiawry note. and thia mnrt~ a~ inlly aad b t6e w~ne e~teat aa thoush a part of ihe ori~inal uidrbtednea~ evidenced by s~id note aad aecured y tltiw aact~e. exeeptina huwerer, that said sums ~hall bc eepaid t~e biortRaRee forth..ith upon its dcmand" and be in addition to tbe reaular mo~tbly in~tallments provide~l by the ~nortg~ge note. - 3. That tl~e ab~t~act or abetracts of titie oovcrin~ the mort6ased propert~ s!u!1 at all tima~, durin6 the life of this ~nortRage. r~emaia iu po~sion of the 1~Iortaaaee aad in event of the [oreclosure of thie~mort6a~e or other tran~[er ~ of titlc to thc mortaa6ed property in extin6uuhmeat of the indebtednea~ ~ecu~ed hereby. all right, title and intere~t of the 111ortRasor ia and to aay wch abtrac4 of tide shall paa~ to the pnrcha~er or 6rantee. 4. 'I'o ihe extcnt of tbe indebtcdaess o[ the Mort~or to the Mort6a~ee descrihcd herein or ~ecund henby. e the 1liortg:yre u hercb~ sub ated to the lica or lieu,s and to the riahb of 1l~e m.-s~ets and • holders thercof ot each ~ and every mori6aae. licn or r incumbrance on tLe land describal her~ein which is paid and/or aatis6ed, in w6ole or in part, ont of the proceed~ of t6e loan described l~enia or aeeund herebr~ and the respective licns ~of taid mort- } ~ liuu or other ineumbraoce~, shall be and t6e ~a~ne aad each of them henb~- u ~?reaerved and shall par to and i he heid b~ the !Mort6a~ee herein as eecurity for the iadebtednea~ to the 111artaa~ee herein desc.ribed or hereby ~ecured. ' to ihe same extcnt that it r.ould havc ?~eea preserved and would have l~een pa~ed to aad been held by the Mort6R6ee had it heca dul~ and reRularly aasi~p~ed, tranaferred, ~et ovet. aud delive~+ed w~to tin Morta~6et b~ se~~arate deed of uu?ignuient, notMitiutandin~ tbe fact that the same may be ~atis6ed and canoeikd of e+eeord, it beit~6 ihe inteotioa of the ~~arties hee+eto that the ~me will be satisfied aad eaaoeUed ot record bp the holden thereof at or about the time of 's 1he mordin~t of this mortRa6e. . F S. In !he event the ownership of the mortaaatd pt~emixs. or aay patt tliereof. b~comes veatcd in a penon otl~er ~ than tl~e Mortga~or. the ~1ottRage~ may. without aotice to dre Mort6a6or. deal with such succes~sor or succe~wn in ~ intetexl Mith nferenee to thi~ dr:ed and the debt hereb~ ~ecured. in the aame manner aa with the Mort~a~or without in am way ~-itiatin~ or discharRinR ihc Mort~a~or'a liabilit~ hereunder or upaa t6e debt herehy secured. No wie of tl~e pr~miea~ l~ereb • mort a~rd and no forbearance on the part ~f the 4[ortRaRee. and no exteesion of the time for the ~~arment of ihe de~t I~err~~• aerared Riven by the Mori6aaee ~ltall operate to release. di~cl~ar~ modify. chan~e or alfect the ori~inal liabiiit~ ot the itortRa~or hercin either in w?6ole or ite pari. , b. TI~~ lien of this deed eecures and ~hall contiane to ~cca~e pavment o~ said in~lebtednca~ or indebtednes~, liowe~er evidenced. whcther b~ said promi~wry note ar aa)r nnewal or e~tension thetcof or aubtitute therefor~ or } otleerwiee, until all euch indehtMlncw+ ehall have been (uQ~ paid. . 7. 1~~ t/re- r:~c~~t thr ?nr»-t~rr~~~rs sell, ~nrit~ry r»• transJtr lht morf~a~td prtrniscs cturin~ tlrc li(c o~ l/~is n?ortGo~~r, llrt~t this mnrfrn~e shRll, nl tl~r u~~[in» o/ tlrt 1lfort~Ga~Pe herein, GeromP ~mmtdin~r/y duc and payable for the Jrrll sune o( lhP prrncipnl bnlnn~~ anr! inlere.ct ~l~e?t dite. ~ tt. The terme "MnrtRaRor" and "Mort6a6ee" wr6~ever nsed in thia inatrumeat aLall include the heirs. personal rcpre~entati.•es, su~saon and aesipur ~.f the reapective partiw her+eto, ~herever used the ~in~lar numher ehall include i the plaral and thc plural the sinRular, and the use of any ~ender sball iaelude all Renders. I ~r ; d, sealed and deliv d in thc pre`ce of: _($g~~,) ,i . ' I C~-'C/L_t,l.. _ . . . ~`tX~ !tl ~S~) I ~ i f ' i _ . - - STATE OF ~IARIUA COUN1'Y OF . R i ST. I~1 I i Before•me personaily appeared 'PB!lIMA 3~AYS$7 snd GEOEGIA LBE DAVSB'Y, h1e ~tife~ to me we11 keown and Icaown to me to be the iadividuals ds~cribed in and ~rho executed the foreaoin6 iasirnment, and j acknowledRed before me that they executed tlee ~au~e for the purpo~e~ thenin espnwed. ~ITNES~ my hand and ` o/ici~! ~eal ia ihe Couutr ~nd State la~t aforwid tLis jrd day of Sep r~ 19~. I . : = ~ • ~ - . _ NARL R. AVERY l~ NOTAfiY PUBi;C, 3TAiE ot Ft'1::'IDA at IAR E ~ ' . Mv ('.ommi~sioa Expire~:MY COMMISSION EXPIi;ES IUNE 30. 1467 Not~ry Pnblic. State of .-J~-~ i_ . . . F11.E0 AND RECOR~~'.. _ . : ; _ ST. ~UCtE COUN?Y. f - - , . ~ , RECORO VERIFIED . `r~~~~~ _ ~ ' , '66 OCj ~ 2 AM 9' 36 : ; R~~~~~s ~ CI.ERK CIRCUIT COURT 0 R • 800K ~~JV PAGE 48~ ~ ~ _ E~ ~ ~5~~ ~ =~r~ ~ _ ~ t ~-3