HomeMy WebLinkAbout2407 • ' I:LL':' ? l~ `v- :.i-l~; t ~
M~tpNr. 4 srw ~/~cecl~wc ~t i?ia w~tpre ~r ~tlwr tr~wi(~e ~t litb N d~s M~sIi~RJ ~h7 iw t.atiw~ivuueat u/ ~he ia~eN-
edww we~re~ Len?l. all ri~M. titk ~ai iwterat ~I the MKt~K i~ a~i ~ wrc~wce rlicia tl~ew iw t~s iMll pw t~ ~?c
~we\wr +e p~us-
T~ Mrtse~. e~17 rriti~ ~i ~ide aer ~wi ewtr t?s ~tiN4tiw. aR~e~weM~. aw~ia~ N1 c~rea~wo~ i• wid KMwi~wr~
~ete aed iw ttii~ Lei Nt t~.
(il 't1w 7 M~ ~t ~~w ~f 4niw reteerel t~ M Mt K+~ptl~r a~ fdl~ ~ witi~i~ lfitcca ~r ~eat
dter t~c w~e Mra~ll~ bec~~w d~ as~ p~rasl~. .r Y a.e~ a.~ .wq t~ ~tyal~tiw. a~wcw~+. cwditiiws a~ e~rcwau ~f wid
Vnwiwr~ ~s a~i tii~ iesJ. ~t eit6e~. are w~t tdl pe~f~sd. e~a~14i witL ad ~bi~ b~. tLe Mi~ aurepte sw~ inuui~aal iw
riJ prwiwr~ ~~11 b~e~we drs asi p~~Ne ~ieltiait? K tiisredter M tbe op~iN ~f trc Nortp~ee ~ tdlr wd ~~nspldcl~ ~
it Il~e wiJ~{p~s pa w~w ~f s~i~ ~wiNery wNc rn~ Kiprll~ ~tiwlNei t~ be n~1~ e~ we6 d~p. anrt4i~~ i~ wi~ K~iwi~~ MN
er herei~ t~ tM eawtnn Mprit6~t~ndiu~.
ljl 'IL~t iu Nder at+c~kr~te d~e ~nanuNr J tbe ~ lc~rL~ ~eerrer. becawe .E ~Ae t.ii~ue tLs MwtptK P~7 w~
tu. ~ew~oewt. W?ilit7~ ~I~phM K lKM~illtt OPM i~l~ ~ffpl~tr. ~ IKrsi~ ~vide+. it ~6a11 a~t be aeeerar~ K rcy~i~ite t~st
tbe p~Miyt~ote sl~~~ li[M tAt l~se.
2. Tlie A1o~taa~ee mar. at 6i~ optioa. aod wit6o~tt waivu'~ Iw ri~t to aooelerate the indcbtednw hereby
eecured aad to foreclo~e the ume, pay eiiher bofore or aiter detinqncac~ anr o~ all u[ thoee eertain obli6atiooa
~eqnie+ed~ br il,e ~erm. 6ereof a be paid bv ~c Mor~a foc t6e prntection of the mort~e security or for tba oollea
tion u[ the indcbtedoeN henbr ~ecured. /~U sum~ ~o a~anoed or paid by the Mort~s~gee shall be charaed into t6e
mortsaae account and beoome an intcaral part t6ered, wibject in ail re~peca to t6e teran, ooaditiozu, aad covenants
i
o[ the a[oro~aid pe~wni~awrr not~ snd t6is mort a~ fnUp aad to tl~e ~aine extcat u thouah a part of ihe orisinal
indebtedaea~ e~-idenced by said note and ~ecured y tlw aart~a~y exoeptinE huwe~~er, that said sums shall bc ~epaid
the Mort6s6ee forth~rith upon ib dewand aad be in addition to t6e re6ular montWy iaatallments provided by ihe
~nort~~c note.
3. Tlwt tlie abtract or abstraeb oi title oovesina the anort6ased Property s4a11 at xll times, durin~ the life o[
this unoetg,a~e. runain in pw.ewou of t6e Mortaasee aad ia event o[ the foreclosure of this mortaaae or other transfer -
of tide to the mort6aaed Property in a~tin6ui~hmeai of iLe indebtednes~ secured henl~y, all ri6ht, title aod interest
of the 11Torisagor in and to an~ wch abarae.t~ of tide s6a11 pas~ to the pnrcha~er or 6rantee.
4. 'Io 16e extcat of tbe indebtedna~ o[ the Moet~or to the Mott~abee dncribed hereia or secured hereby,
the Moct~e is hereb~ ted to t6e lien or liea~ and to the riaha o[ tire ownen aad holden thereof" of cach
and evecy, raortaaac. liea~r incumbraaoe on the land described henin which is paid and/or eatiafied, in w6ole
or in part, out of tM prooe~d~ of t6e loan de~cribed hereia or ~ecnred hereby. and the reapective liens ot ~aid mort-
Ba~d+ lied or other incumbranoes. s6all be and t6e ssa~e and eac6 of them 6e~+eby is preserved and s6~a11 pass to aad
be held bY t6e Mortaaaee hereia as aecuriq for t6e indebtednus to tbe 1ltost6a6ee hercin describcd or hereby ~ccurcd,
co the suoe eactent that it Mould have been preserred and w~ould have 1~ to and becn held by the Mortaa6ee
I~ad it been duly andre~ dr aMi~ed, iran~ferc~ed, ~et orer, aud deli~e uuto the Mon~aa b~ eeparate deed of
u~i~u~nent, notwidMqand'~ tbe-fact that the aame mar be ~atis5ed and caneelkd of reoord, it bein6 the intention o[ the
~,arties hereto that the satne ~rill be aatis6ed and caaoelled of reoord bf t6e holden thercof at or abont the time of
the ncordin6 of t!w ewrtaaae.
S. ~n the erent tLe uwnen}~ip of the mort6aaed pnmises. or any part t6ere~f, becomes vested in a peison other
than tl~e Mort~,aaor, the'.liortaa ce may, ~rithout notice to t6e Moetaaaor, deal with wch succeaeor or sucoawn in
iutereaR w-ith referwce to tlw ~ and dre debt heerb~ ~ecund, ia the eame manne: as with the Mortgaaor without
in ~np way ~-itiatin6 or disebar~ia~ tbe Mortaa6ot's 6abilit~ hereunder or upon the debt hereby secured. No sak of
tl~e pr+emisa~ l~ereby mort6~6ed and no forbeann~ on tLe part of the '_1TortRa~ee, and no extension af the time for ihe
p,rn,a,~ of the debt he.+eb~ secured pve~ by the Mort~asee shsll operate to nlease. discliar6e, modify, chan6e or al[ect
thc ori~inal liabilit~ of the Mort6a~or hereia either ia ~r6ole or in part. ~
i
fi. The lien af this deed secure~ and ahall coatiaae to ~ecure papmeat of said indebtedne~s or indebtednea. i
I~owe~er evidenc+ed, whct6er by said prnmi~wry note or a~y reaewal or ertension t6ercof or substitute thet+efor. or
otl~erwise, nntil all wch indebtedness ahall have been fn11r paid.
t
7. In tlie tvent tlre mnrtgagors stl(, convry or trans/tr t/~t ~»or/gag~d premists d~trrng t/ie ?i(e oj d~is n:orlgn~e, ~
thtn this mortgnge shall, at !/ie op~ion oj tht 1ltortgag~e hertin, Lttomt rmmedrately dut a~:d payablt for the fttll srun of ~
the principnl Galanct nnd inttr~st then due. ;
8. The terms "Mortaaaor" and "Mort6a~ee" ~r6eaever wed in this iastrnment aLall inclule the heirs, petaowl i
repra~entati~es, sacoessora utd a~si~ of the respective parties hee~eto. Wtierever used the Einaular nu ahali include }
'4 the plunl and the plural t6e sinanlar, aad the uae of any ~ende ioclude all 6enders. ~
.
;
_ ~
~ Si~ned. sealed and deGvered ia the preienue of: - - - . . . - - . (S~?L) ~
a
I , ;
~ - . - - - . - - - (ss~?i.) ,
STATE OF FLORIDA
COUNTY~~F ~ - -
~ .u ~
Beiore pe~oally ~pp~ar~d Charles Heston S~ith and Genev~~ Smith, his Mife.
~ to me we own aad known to me to be tLe individwL deacribed in and rrha e:ecuted the foreaoin6 i~utroment, and i
ackno ed6ed befon mc that t6ey ezecuted the same [or~'p urposes therein espr ITNESc my hand and ~
al ~eal ia t6e Counq snd State last a(oteaaid thi~ 7°a DA~ of Deee~ r~ ~
~ A . ~ ~ : ~
s ~ - . ~~ti ~•j, ~ , 5
.
.
. . _ . ~ . - ' . '
. ~ rq~ ~I/`~' -e
.
-
Mv F.ommiesion E:pirea: _ - Net . Publie. 5tate - • . : - ~ - , :
~ - ` ~ _ ~
NARL R. t:~`zr~Y • _ ~
~i0TA4Y PJ.`i.'l,. SinT,F t~`, ZI li+4iE ~'I~.O AN O~'iD - v~:,
j1Y fAl~klSSIGY E-YFInFS IUt;E 3~~ 195Z ST~ L OUNTY. F~.
~ COR~ ~/ERfFIEO ` ~ : : ~
~ _ __r~~=~~ ,
~ ' 6 DEC 20 ANI 9: 06 ~
~ 6 ~
~ 150~s~ ~
~ BOOK162 PacE ~ ROGEr~ POtTRAS ~ _
~ - - . - - - C~ERK CiRCUIT COURT '
~
- a ~ ~
, ~`~a~.~~
.~r,;3
~~i
. e. _ , x._:.~T".. _ . . . ,