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M~rtppt. e~c~ ~f f~reclNUre uI Ibis mort ~ ~
It~lte w sther Irwfee ~1 ti~b t~ thc n~np~cd Pt•Penr in ea~iaRui~ha~ee~ a/ ~IK ?~JrAt• ~
cdaer ~cc~ued 6enbr. dl ~iRht. ~i~l~ ~nd iute~eN d tl~e Mwt~K i~ ~ t~ ~r iw~n~Y Mii~ie~ thew iw fo?.~ ~h~li p~w a t`e ~
~~rchMet +r p~wae.
l?) T~ ~e~t.~ ce,.~Ir .+i~l~ awd ab;de ?r ea~h aw~ ever~ tbe atiN4t~w. ~~reerwe~u„ cMai~iow~ aad coven~sa ia ~aid rr~mi~~
nNe ~ad iw tbi~ aeeJ ~et l~e~i~.
lil ThN it a~ ~ ria ~ww d m~we~ bc?eiw refeaaJ u M pt p~~/~tl~a~i frll~ Mi~ xitl~i~ A/1~n d~~ ~st
~1ter tbe N~e ~srcnllf bet~mes dre ~ad M7+ble. K i~ aKl awi ~wq ~tiO~Jati~. asreswrnu. ~sad,~i.w~ s~a ~•reu~ea ~f wid
~r«r ..a ..a aKa. or ci~er~ ~te w~t (NIlJ l~~+~. ~i~i Mi~ .wd abii.~ br. t?e w~ ~ureple ~um ~neu~i~we~ iw
~aiJ pr«uiM~ry wNe ~11 bceeme dw aa~ p~~abk he~?vrit? ~t tMrsatesr at tAe opi~w tbe N~nM~ee ~(dir and ~smplctelr w
if lbe ~ai~ •~re ~te swu ~t ~~ia proanis~sey wMe wa~ Ki~idh' ~t~M~M~ t~ be p~id ew wrM d~Y. ~wi~bi~R i~ wia pr~wiwq ~w
or hereiw t~ tre eMtrarp w~tMitlutandia~.
l j 1 Th~t in Wder t~ ~erelerite ~!?e nutnriy d tl~e iaded~ed~a. bereif .ee~ed, ba..,ue d t6e fait~re ~1 eLe llf~rtpRN a p~~ u!
tr~. we?NOeny liabilitr. ~dli~nti«i .r en~iunbram~e u~ ~aia p»pert~. ~s hereiw ~rovided~ it ~MII not be oeeaw~y pf !'~YNII! IMI
th.~ ui.rt!c+lt~ .hall A..~ p.r lbr wwa ~
i
2. T6e Mort6a6ee in~~~ at his optioo. aad wit6oat waivu'~ !w riaht ~o aettilerate thc indebteducw hereby ~
secured aud to foreclo~c the same~ ps~ either bd'ore or attet deleeequeocy any or all ut Iho~e eert~ia obli6stion~ ~
requirad br the ten~a hereof to be paid b~ tl~e Mort6a~ot foe the protection o[ the a~ort6aae security or for thc collea ;
tioa o~ the indebtedaeM hereby sccured. All sunur so aavanoed or paid by the MortaagCe ahall be ~harRe~! into tbe
~nortgage account and become an intc6cal patt tl~ee~eo('. subject ip all respecU to the ternu, conditions, and eovea~ab
or the aioresaid prosr~iaw~ note. aud thii mortaa~e. a~ fuDr and to tbe s~me exteat as thouah a part of thc ori~inal
indcbtednea~ evide~ced by suid note aad ~ecured by this mo~t~a~ exceptia6 huwever, that ~aid eums ahall be rr.paid
t}~e Mort~a6ee forthwith upon it~ dcn~and~ aad be in addition to the tr6ular ~~anthly in~tallmenta provided hy the j
~noKR~qt notG • ~
3. That tt~e a6tit~act or abstraca of titk coverias tbe rr~oriaagaed prope~t~• sLall at all tirt~ca~ durin~ the life af
thu ~nort~sac~ remain io powa~ion of the iloriaa6ee and in eveat of the foreclasurc of this mort~aae or ather trander
ot title to thc a~ortga~ed property iu e~tinguishtneat of t6e indebtedaeaa sccured I~ereby. all riqht, title aod iaterest
of the A1ort~,a6or in and to any wch abatracb of title ~hall pa~u to the p~~ochaser or 6rantee.
4. 7'o t6e exteat of t6e indebted~ oC t6e Mort~or to the Mort6a6ee dncrihcd herein or aocured Lenb .
the 1lfortgadre u hereb~ subro6:ted to the Gca or ]i~~s and to the ri~hU of ilie o~?nen and • holders theceof of eac~
aad every mortaaae, liea or other incumbraaoc on the land described herein ~.hich is paid and/or eatis6ed. ia w6ole
or in part, out of the pr~oceeda of t6e loan deacribed henin or iecured heceby, and tl~e respective licoe d wid a~ort-
6a~a. liecw or otfier incumbrance~, Juli be aad tbe saine aad each of them hereb}' u preserved and sball aa~ to and
be held b~ the Mort6u~c~e henin as securitr for tl~e indebtedneM to the 11Tortaa~ec herei~ described or.hcre~y ~ecured.
to the same eztmt that it Moul+l have l~eea preeetved and would have heen paMal to and been held by the Mort6a6ee
liad it been duly at?d re~ul~rly assi~qicd. traa~ferred, ~et orer, and delicered w~to the Mort6a~ee L~ ae~~arate deed of
:uu~i~ntncnt, notwithstaadia~ tl~c tact that ti~c eame may be satid'ied and caneelkd of necord. it beina the iniention o! thc
i,arties l~ercio that t6e aa~ne ~?ill be satis&cd aad eaaoel]ed or r+ecoed bp tbe }~oldera thereof at or ~bout the time o(
the rrcordinR of tlw tnoriRaRe.
5. In ihc event the ownership of the mon6a6ed premixs~ or any part tliercof~ becomes veated in a penon othet ;
than tl~e Mortga~or. the 1TortRagce may~ withoat notice to Iite Mort6aaor. deal with such auccc~sor or succe~son ia
interext with refercnce to thie dx~ aad the debt hereby ~ecured. i~ th~ ~ame maaner as with the M~r1Ra~or ~rithout
in •r~~ti way ~~tiatin~ or discharRinR the Mort~a~or's ~bility hereunder or upon the debt hereby eecured. No saie of ;
tl~~ prrmiseR l~eceb~ mort 6a6rd and no for6cannce on the patt of the '_ltortRa~de, and no extcnsion of the time for the j
paymet~t of t6e de~t hercb~~ er.~~~r+ed given by the Mortsaaee shall operatc to r+elea~e. discl~ar~e. modif}•. chanRe or aRett
tl.e ori,Rinai I~ability of the 1'tort~a~or herein either in ~rl~oie o~ in part.
b. Tl~~ lien of this deea eecure~ and ahall coatiAUe to ~ccure ~?aymw~t of said indebtednes.~ or indebtedner~, t
I~~we+et evidenced, wheth~r by wid promi~sory nole or any renewal or extension thercof or sub~titute ther'for. or '
otl~erwiRe, until all such imleht~n~+ ehali have been fulh paid.
7. I?t flr~ r;~rrit lhe rn~n/~rr~nrs sril, ~u?r~~c~+ i~r tr~ns/tr the nrnrffin{ed premisr.s du?•inG thc li~r u( Iltis ?n~~rl~~~~r,
rh~» this mnrtgnRe shnll. at rb~ r;~~tinn~n/ tlr~ Atnrt~~~~e h~rPi», bt~nmc ?mmrdia~ely drrc and payab~e (or the /?~l! stnu u/
tlre prin~i~nl l~nlan~r nnrJ i?~t~r~s[ Nre~r dut.
8. The terms "Mortga~or" and "Mort6a~ee" wheaever u~ed in thia iastn~meat rl~a!! i~cludc the heirs, personal
re~~re~entati~•ea, succ~son and aeRipu~ ef the respective partiei hereto, Wher+ever ueed the einRul~r number ehall include
the plora! snd the plur~t the eiaRulsr. and the use oi any ~qender shall include all ~eaders. t
SiRned, se ed and delivered in tl~c presence of: . , I~~ S~~ .
' ' L~~ ~Z~ - ~/~1~.+c,,,~?~r, ~ ~ a.~..-._ ~s~?~.
~ 1
STA E OF Fl.n A
COUNTY O~~T ss
S'1'. IAC~
Before~~ne ~~e ily apptared EOB~R@! ~i. CA81~ and TSEI~ E. CABD~~ his rtif~~
to ene wel! kaown a lcnown to ~oe to be the individual~ de~cribed in and who ezecuted the fore6oioa iiu,tn~mcnt~ and
scknowledRed befo me that th~y e:ecuted the same for the purp~rea therein exprewed. ~f/ITNES~ my h~nd and
oieial ~eal ia the County and State lart aforesaid ihis 7t,h of OCtObe ~ 1%6.
n~na~ p. {;VERY -
NOTARY PU:L!~. STa?E o` FU'~:~UA at !:iRGE
, . .
~{y Cp:.it:.ISS(7't EXPiRES JUFJE 3~, 1957 • ' ,
M~~ (;ommi~ioa Expire~: _ . Not~r~ Public.5tate of ; '
Ftl~O ANO RECORQED ` , _ ~ - - - . ' ~ - _
9T. ~UCIE C OUNTY. FLA. ° : : , , _ ~ w : ~
RECORD 4ERIF1 . : ' -
GY • .
_
'66 OCT 2 7 Q~i 9:'15 .
14949`7
i+OC~E R i'Of~TRAS
CLERK CIRCUIT COURT
go~ ~57 PAGE 493
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