HomeMy WebLinkAbout0229 ~ ~ Our file FS-14, 5?0
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it /lN~isii~yp~ ~MN ~1 ~ dre as~ Mr~k ~edirid~ K ~ben~t~ N t`e MtiN ~f tM ilf~tpsee a~ /~ity a~d ~«apletelr ~
I~asi~ a tv ~witrae~ ,~ri1?~tMi~'u~,~r ~••a~ ~iwvb ~Me~ t~ b wi~ .w w~ d~y, +nribi~t iw Ni~ K.~i~ ~
1 j 1 71w1 i~ ~ci~r N ~ea+lu~~~ley ~d~t u~atrrie~ ~t d~e :~M I~eniy Nawcd~ bee.wc .t ~6e t.it~.e ~ Mwtppr n M7 ~s
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Z. 'lUe Mottp,se ma~, at 4i~ optia~, sad ~vitbo~rt waivu~ 6is ri6ht to accciente tbe indebtedsw hecebr ~
~ecured asi to ioeeclo~e ths ~a~e, pay eithar before ot arser del~a'q~c~ au or all of tho~e oestaia obliastioo~
u
re~ieed br t6e tarm~ ~eoi te be paid by t6e M~~ [o~ t6e protectio~ of t ~e ~curitr or for tbc colleo- ~
tioa o~ t6e iodebtedeer 6se~r ~~red. AU wer w~dva~aoed or paid by t1~c Mott~~e .i~all be charsed i~nto t6e ~
moetaaas sooount add beooiee u intc~al part tl~ee~eof, wbject iw aii rapect~ to t6e ternr, oondition~, aad c~rea~ab ~
o[ t6e atoe~aid pe~wiMMOC~? aota aaii t6ir s~ [aUp aad ts t6s ~aa4e exteat u thoush a p~d of tl~e osi~ioal
ia~beedne~ ~~ad~d b~' said nW~ md s~~~~ t1~is ~ort6a~pe. ei?oeptin6 Iwwever. that said wm~ ~hall be repaid
tl~e S[oet~~ee focthwit6 upo~ it~ dewaad snd be io addition to t6e reaulae maathly itutailmenb provided by the
~no~ts,a~e aete.
3. That il~e abatraet or abstraeb af title ooveritr~ the mort~a~i Propert~ sl~all at all tira~s, durin the life o~
thi~ wortp~ remaia, ia poMa~i4a of tbe A~ost~a~ee asd in event af the ioreclowe+a d this mortaaae oe ~r traa~fer
of ade ~ore6~aaed Proper~r ia e~c~nau;.h,~ac oi ~e ;~debc~dnea .s~u~d l~~br, .ll ~s6ti c;~le .ad i~tee~sc
c~i the Moets,a6oe ia aad to au~ a4ch sbstracb of t~de sluU psa to the parc~s~er or ~aatce.
4. To 14e e~cteal of tre indebted~ o[ tbe M«t~ to tbe Mo~ de~cribcd hereia or secue~ed I~eerb ,
~M Mo~.~ee i. ha+ebtwtb~~o~aced co ~he liea or L'ms ,~.d to ~,e ris6a d~he o•.nen and hold~rs ~heneof of ea~ i
aad e+rory auort~e. liea ~tr oti~er '
ti~auabranoe on the 4ad described hereid wWeh is aid aad or sa '
or it~aet, out d the pcooeed~ of t6e lwa de~cribed beras ec aecnred I~c~eb and tl~e ~ i~ whole
6a~e~. lieu~ or otMr i~nmbraaoe~, a6ai1 be aad tLe sae~e aod each of them h
ieby u~~reae~
~,and~s6s1~ a~s t aad ~
b~ b~ bT ~ M~.~ 6~+~ ~..e~q r~ ~be ~ to ~~f~~ a~Rb~a ~ h~ .~r~d.
to t6e susc racte~t t6at it Mronld 6ane Ue~a pre~et~ed aad ~rould l~a~e bed~ pared to aad beea held by the Mortaaaee
hsd it I~em du17 a~d y ari~~ed, ttan~feee~ed, ~et o~rer, and delive~+ai nuto tbe Mortaa6ee by ~eparate deed oi
pa~l
uo that~tabea sas~e~inlf
I~~
tis~sd aad~e~aoeUed ei reeoed b tl~e~ho~ tl~c intentioa ol' tbe
c1+e rrcordioa of thi~ moet~e. ~ Ide~s tl.eno~ at or abont tl.e tiw~e of
. S. Ia tLe eve~t t6e o+neenhip af the mortaa~ed pranisn. or any part tl~er+eof. becomes vested ia a peeson ot6er
t~1AR tliE MO!'1~~pl. the'~S !~ce may, ~rithoat aotice te 1~e Mort~or, deal witl~ wch woce~wr or wooa~on ia
iaterest ~.ith nfereace to tab'~s deed aad tl~e debt hee~ ~eare+ed. in tlee wme inaaner u wit}~ the Mort6a6or without
in an~ war ~-itiatin6 or di~e6~raioa tlie Mortas~•s 6abilit~ l~eeeuadcr or upon the debt henb~ ~~+ed. No wle af ~
u u
the pneni~es here~ mort~~ed and ao for6earanoe on t6e pact u~ tbe Murt~a6ee, and uo extewion of the time for che
paye~ent ot t6e 6ereby- aeeared ~vea br t6e Moetaaase d~ali operatc to nlea~e, di~c6ar~ modiiy, chanae or a~tet
the ori~inal Habilit~ of the Mort6a~ l~ee~ein eitl~er ia xl~oie er in put.
fi. 'I1~e liea of thu deed ~ecnres aad shal! eoatiane to ~ecae+~ parmeat of said iodebtedneas or indebtednea~
leawerer evideaced, M?hetber br .~sid proa~iMOr~r note o~ auT rea~ral or exte.iuion t6ereof o~ au6stitnte theer.for. or
otherwi~e. natil all ~nch iodebted~cas ~all hare been [aUr paid.
' 7. In the tvent th~ mo~tgagors stll, convry or t~nns/er th~ mortgagtd premises during tht li/e oJ e/ris mort~n~e,
then this mortgagt shall, at the option of tht Mo~tgngee herein, becomt immediattly dut nitd ~iaynble jor tlre f~~ll s~~ne o(
the ~rincipol balQnce and inttrest then due.
i~. T6e terms "Mort~,a~ur" aad "Moet6aaee^ w6esever wed ia tlw iostrumeat ahali inclwk the hei~pe cwnal ;
reprd~natives, suoeerors and aNi~ of the re~peciive putiea I~enta ~herar~ ~ued th~e ~inaular enmber ~halt include ±
tl~e phual and the plural t6e dn6nlar, snd the we of aay ~ender s6a11 indnde a116ende».
.
Si ~eakd and ' iu the pe~a~ct oF: . r^-a-.et~t~. .($~t,) !
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STATE OF FLORIDA
COUNTY O~ ~
Be[ore m~et~perLsouoalir aPPe,~e~ea ii. B. AU~IR AND ffiANCH~ P. ADAIR, his wife
to ~e M?eD kao~rs anA i~aa.a to aie to be tLe individaab de~eribea iu and rrho aecuted tbe [ot~e~a iapr~y a~d
adcao«kd~ed befoe~e n~e th~t tber e:ecuted t6e same for t6e purpo~e~ t6uei~ enpreMed. ~i+ITNF.~.C mr haad a~d -
eieial ~s+d i~ tbe Co~aq a~t State lat aEore~aid tlw llth- Dt9~y of al~eh, 196'l. ~
NARL R. AVERY ~ ~ • ~
NOTFRY PUB'_IC. STATE of F_CEiDA ~i t.;kGE - . . . `'i:
. ' 30 1967 - ~ r ' .r
MY CCtiM(SSl0;1 EXPlRES JU~i . - . .
Mv ('•os+w~iui~ Eapie~e~: . Notary Pnblie, State of : - ='i) : c
F~~EO aNO aECOROEO ` _ - ~
OUNTY.EpLA• ~ - r~y` n T: ~ : ~ !
gT. LUC~E ~ V RI~ - G , ~ :
RE C~~D . ~ ~ ~
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AM~~36 "
~61 M~153~8 ~
i~0'-s: :.~;T" OUFZT 0 R A qe~p
CLERK CItZ~~• 8utlil l~~ ti+vE Tv~rO
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