HomeMy WebLinkAbout0392 • • Our f;ile ~5-24,?25
i
N~N~. 4~aN ~f /~teel~wee t~i~ ~a~tpRe ~~t4ar tnwJar ~f ti11~ t~ the n~tp~a1 ~peAY iw ealiaR~i~hw~en~ wt thr iwdcjf•
~+~w NeweJ M~elr. ~II ri~t, litk ~w~l iaterat ~I tbe 111w1~K iw a~d N M~ i~w~nce ~slieiw ~i~e~ iw f~ ~haH pw ~w t`e
N~~~ +r {rwNt.
l~l T~ Md~. ~Nl~1 ~+itl~ aw~ ~iae e~e6 M~ ewqr tl~e ~iNlNiw. awn~a~e~l~. ewrili~~a awd e~vewwa i• wid p~w~i~~st~
a~t~ nr i~ t~M i~i ~e1 f~ed?.
li) Tf~ it w~f ~t ~~we~ rereiw rderre~ t~ M Mt KMptl a~i trll~ ~i ri~i~ flttMn ~ri weat
a(1K tl~e w~s ~ewtdi7 ?ec~wM dw aa~ M7~. K i~ ~ s~i ~ ylpr4ti~. at~eew~cwu. nwd~ti.w~ ~~v~wwa ~f wid
Iw,+~~ MN a~ s~ K eitl~er~ ~re w~t tr!! Mr/M~w~ eMyli~i ait? ~ sbide~ b t~e Ni~ ~
~ud ~e~wiwr~ MM d~ll b~e~we dre ~wi Nya?Ie ~i~t~Mid~ K the~atlsr M tbe 7. sR~t~te aws w~en~i~wcd i~
if tM ~iJ~p~s pN ~w ~ wi~ MI! Mr M'I ~ ~~M ~ tbe 11wt~iee a~ ~rlir ~ad r«aple~elr M
hasj~ t~ 1~ P~~ styWatal t~ `e ~id N~ d~y. art~iw~ i~_wia ~iwq NM
eMMr~r> w~tv+i~Ytawdiw~.
l31 TbM u K~ 1~ ~eederNe d~e sut~ ~1 t6e iwdeaei~sM I~ueb7 bec~we ~i the (~il~re ~f 1bs YwtP[~ N7
tw arewne~t, IL~iWp. ~iitptiN ~t e~craL~nce ~pN ~ai~ !~+l~~l'. N Uereiw pnvided~ it ~1ul1 aot be
1~IE N1~t'l~Rl! ~{~I flfM ~1 1~t ~NAl. K trqYN~lt
L T6e Mortp~ee mar, at 6a optiwy and Mrit6oat waivu~ 4is risht to aooekrate the iadebtcdaw herebr
~ecue~ed aad ~o fo~eclo.e ~e .a.~e, par either be[ore or ~ite~ delinqueac~ anr or ali of thae eertais obli6~?tioa~
e+equie~ed br tM ter~ 6ee+eo[ to be paid by t6e Mo~a~o~ for t~ie protectiore of the n~ataaae security or tor~ the oollea
uoa ihe iadebtednaM Lereb~? ~ecund. All sum~~ ~o advanocd' or paid by t6e Nortaa~e shall be char~! into t6e
mot~tpae accoune asd becoioe m iate~al part t6ereof. aubject in all crapecta to the ternu, conditians, and covenant~
of t6e Joe+e~aid ptrw~iMOrr note. aad t6i~ a faUr add to tt~e ~a~ e~ta~t as tha~ah a p~tt of the oriRinal
indebtedneM e~tidenced br s~id note aad ~ecnp~~thu mortaaae.~exceptin~ huwever, that said wms shall bc repaid
tlie Mort~ee fortl~with upw~ ib deu~aad and be ia addition to t6e reaular moathty installments prnvided hy the
„~ort~x~e aae, - -
3. T6at tlie abrttact ~ abstneta of tiUe ooverio; tbe mort6 sed Propcrt~ aliall at ~II time~, durin6 the life of
e
thi~ ~nortga enrnain i4 porewoa of thc Mortp~eee. aad ia eveat of the fareclosue+e of this mortsase or otl~er tran~ier
°f d~ ~ ~~a~ p~~r ~~~a~t ~~~bc~d~ea .ecu~d I~nby, all ri6ht~ title and inten~t
of tLe Mort6aEor in aaa Lo anr aath ab~tracb o[ title ~haU paes to t6e pnrc6s~er or araatee.
4. 1`o t6e exttat of t6e indebtedocM of tik M~or to t6e Mort6asee dc~cribed hereia or ~ec?ired hereby.
the 11i~~ee i~ 6er~~r ted to tire liea or lieos and to ti~e tia6p of the oNnen aad holden thereof ot each
~ ~r1 ~rt6~+ ~h~~~ ~ ~ 1+~ ~ribedaLereie ~.hich is psid snd/or s~tis6ed, in wlwle
or iapar~, ont of the pt~ooeed~ o[ t6c lo~n de~cribed Let~eia ot ~ecut+ed hecebr, and the respectire lien~ d ~aid mott-
lieos oe ot6er ina~abnnoa, ~6a11 be and t6e s~me and each of ti~em hereb~ is preservcd aad Jull par to and
~ d bp t6e Mort~a~ee herein a~ ~eauiq for the indebadn~ to the 1liort~a~ee herein deacribed or herebr ~ecured.
to t6e ~a~oe e~cteat t6at it wonM 6a~ beea pe+e~erred aad ~ruuld bavc 1~en paMCd to aad beca 6eld by the Mort~a6ee
hsd it bcea dnly aod y a~si~ued. tramfemd, ~et ov~r. and delivend u.~~o ~he Mori6a6ee by ~eparate deed oi
+ri~ment. eot~rid6~~tLe fact tl~at t6e same may be aati~ed and eaneelkd of e~ecoe~d, it beina tl~e inteatioa of the
partia lMereto that tt~e sRa~e ~rill 6e satis~ed aad cateelled af n~cord bf the holden ther~eof at or about the tiAee of
tl~e rroordin~ of thi~ ~ao~t~e.
S. tie? the ev~ent tire owaenbip of tl~e moctsa~cd pe+em+se~ or any part tLere~o~. becomes veited in a penon other
thaa tLe Mort6asor. t6e ~iort~may, witl~ont notioe b t6e Mortaaaor, deal with ~uch ~uec~wor or auooa~on in
Ipl!!!~ N1L~ !!~E[Ef1OE t0 t~W and the debt 6ereb~ ~eenred, in t6e same manner as rrith the Mort6aaor witl~out
in anr Mray ~ltiatiaa or di~charaina the Mortaa6or'~ liabitit~ ike+eunder or upon the debt herebr secur+cd. No wle d
the pi+~mi~eR hee~ mor~aaed aAd no forbearanoe on tbe pa,rt Qi t1~e !1tortRa~ee, and no exteasion ef thc time for the
paymeat of t6e d~ hereb~ ~ecue+ed ~vee b~ t6e Moet6a~ee slull operate to relea~e, discl~a~e, ~nodify, ch~nae or aliect
the ori~inal liability of thc Mort6a~or hereia eit6er in ai~ote or in part.
G. 'I7~e lim ai thu deed ~ecnre~ and s4a11 eooti~ne to ~ecue~e paymeat oi ~aid indebtedne~s or indebtedna~,
Iwwe~er evideaeed, Fnc~ther by ~aid proini~sorT note oc a~• naewal or eztemion thereof or wbtitute thenfor. or
otl~erM?ise, nntil al1 wch iadebtedsea~ shall 6a~e beea falh paid.
~ 7. In the event thc mnstgagors sell, cnnvty nr trnns/er the ~norlgugtd pr~mises duri»g the liJe oJ ~leis rr?or~~n~~,
thtn this mortga1;e shall, at tlu optfon of tht lliortgagee hertin. Getomt imm~diat~ly due n»d fiayabie for tht ftt/l suni o/
the principnl balnnce n»d interest then dut.
a. The ternu "Mortasaor° and "Mort6a~x" ~rbeaever u~ed ia this instcument aLall incluJe the heirs. perwnat
e~epraieatatives, stieoeswrs and aMi~ of the respective pattid 6e~+eta ~herever used the ~io~ular numbet a6a11 include
tlse piunl and tl~e plural tbe sioavlar, aad the a~ af any ~cndes aball inelude a11 Readen. -
, S' led eliv in the preienoe aE: . ~ . . (Ss~t,)
, ~ ~
- - ~ - - -r~ _ - ~~r.~ . . _ (senr.~
STATE OF FLORIDA
COUNTY OF~ ~
~uci g~gY W. JORD~ and LII,ZIS JORDAA his uife
B~fore a~e penonaDr sPP~~ ~
to ~ae r+ell knowa aad kao~wa to se w be the individnal~ dderibed in and ~?ho exeeuted tt~e foe~eaoia6 isKcnmeat~ aa~
ackt~owled~cd before me t6at they e:ecut~d tbe wa~e for the purpo~e~ thenia exp ~ITNE~~ my b~nd sod `
oicial ~eal ia t6e Conuq and State lait sforaaid thia 2 d De~y Ot ril,. 96'1.
f
,
r- `,,~a:; .
` j•
_ _ . - . .
My ('.a~w~iMios B: irex,.~v~!~.. . . ~ / Not~ Pnkli State of ' ~ K~~
=
y~i0 •
P ~ ~b,.~a~:1~. ; ti
r'~i~1= .
FI~ up AN = 0
: r,
ST ~ RECORO~p
.
E p Y
qECORO VUNT . FLA. ~ ;
~ Fl~p ~-f~:~:.,..
'sT ~q
Y , ~
~ ~'1 11. yB z
.155'7`~`~ ~
~r~~~~ ="vr7R ,g d00K1~ PACE
- ~~ER~ C1RCUrT CovRT
~ 3~--~:~;~ - -___'_'__r_
Y`~{yf ~ ~~`,~F^•~ 1..~~~ui:"
~ ..s . . r ~ ."~~r'F.~