HomeMy WebLinkAbout0585 ~ ' Our iils ~5-14,?48
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111 TWt i~ Kir N~ea1~1e dit ~it~ ~t ttie iwie~NieM ~aee?7 ~ea~es~. bee~we .i d~e isi{w~ .t tM MwtM~ ~ M7
wc. we~wM. li~ili4. ~ w aic~wk~ce ~~eet~. M I~siw ~nriie~ N~11 ~t k~eawirp K r~i~ite tlut
tl~e a~et~t~ee d~114w ~ arse.
2. Tbe ~[oetp~ee insr. ~t 6i~ optio~. aad ~ritVoat waivu~ his riaht te aooelerate the indebtedsw hereby i
~ewrsd aoi te faeeelo~e d~e ~a~e, pay eit6er beiore oc aiter del'uoqyeacy as~r o~ all of tho~e eertaia obli6atioa~
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the~id~debte~doeM ~ r~ed. aum~ w Eor t6e prot~ctios of the aoet~aae ~ecurity or for tl~e ooUea
aoooust aad beoo~i~e ~ ~asoed o~ paid by the Mortaa~ee shsll be char~sd iato tl~e
~~e +r mt~~ral patt tbersof. aub~ect ia all nype~t~ to tiie term~, coaditiom, and coveaanb
o( ~I~e aioe~aaid pr~w~~~y aote. a~i tVi~ae~a~~ ar [oU~ -~pd to t6e sn~e e.~teat a~ tlwuah a part of the ori~inai
indebtedna~ e~idearoed by said note aed this w~oet~s~e. exoepti~ lwwerer, that sa~d wau ~hall bc r~epaid
the ~[oetaa~ee Iorthwit6 npoa iq aewaad and be ie sdditioa to the reaular n~oathly in~tallmenb provided br the
~no:t~e oots, ! ;
3. That the :bttact oe abtracts of titl`e ooveria6 t6e mo~t~a~ed Prop~N~ sLali at all timea, durin6 tke life of
tluw mort~~e. remw ia paMasioa of t6e Moetp~ee aed in event of t6e torecbwe+a a(' this mon6aae o~ ot6er trawfer
of titb to the wroc~ed Pe~ope~ty is ~tin6ui~ho~ent oF tLe indebtedaea aecur~ed hereby, a!! riaht, title a~d interest
af tl~e Moet~oe ia asd f~ aa~ Nach ab~traeb o[ title shaU psb to t6e pnrcha~er or sraatee.
Te iLe exte~t ot t`e iadebteda~ o[ t6e ~[ort~o~ to tl~e Mort6a~ee dacribcd hereia or ~ecural henbr.
tbe ~11~et~~ee i~ 6ereb~r ted b t6e liea or liar aad to the ei~E?b of the a+~-~cn aad holden thereo[ of each
aad aretp aort~se, tie~ or ~t e irenmbeaaee oa t6e la,d described herein wbieh is paid and/or utw6od, ia w6ole
or ia raet, aat of tl~ pe+oosed~ at t6e io~a de~eribei ~ or strured herebr. aad the respective liea~ d s~id,wart
ea
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liair o~ otlw~ incoisbeaaea, ~6~U be asd t6e ~a~e aad eae6 oi tlkm hereb~ iu praerved and ~hall aM to a~d
6eW bT tl~e Moet~~ee bera~ as ~ectirit~ Eor t6e i~deMede~s to the 11~oet~a~ee hereit~ dacribed oc lkrc~ aeptred.
to t6e ~arse ~te~t t6at it rroda 6are b~w pre~ened s'd w~wld bave been pired to aad beeu held br the Mortaa~e
hsd ;t Lee~ dnlr aed r s~wao~d. tnwfete+e~1. ~et o~rer, aad deli.e~ed m~to the Mortsaaee by ~eparate of
~t, notwiduum~d~e f.ct tlNt t6e wae ,ear be ntid'ied and aneelka of e~eeo~d, it ban6 tl~e iatentioa ot the
~ bereto tlut- dre s~w~ ~rill be ~atis~ied aad cueeUed of e~ecord by tl~e holdee+s thereof at or abont the ti~ue oE
tlle recoe+din6 af thi~ ~aoet~ae. -
S. L dre ev~at t6e ~va~ship uf the ~~ed Pre~isea. or aay part tbee~eof. becomes vdted ea : per~aoa other -
thaR dre Mortaa~or, t6e ~i iaay. ~ritboat nwiee to t6e Moetsaaor. deal Mrith wch wec~or or wcae~ors iu
interait ~rith re[ereaee to t6a s~d t6e debt 6~ reeand~ iu thc wme maan~r u wit~ the MoK~a6or ~rit~o~tt
in anr war vitiatins or di~c6ar~oa the Mo~or'~ Iia6ifiit~ 6e~ena~kr or upon the debt henbr ~red. No wk of
the prem»es~~~ aw~ and ao forb~earanoe oa t6e put ar tbe '_ltort~qe;ee~ and no extawoae o~ the time for the
payineat of tbe debt beerbr ~ec~ze~cd prew br tbe Moetaa~se ~hall operate to e~eks~e, a~~t.~~~, ,~a~rr, ehap~e or atect .
the ori~iaal liability of the Mort~a~ herein eitl~er i~ ~rbale ee iu pa~t,
1~. The liea a[ t!w de~d ~~eenns asd ~hall oo~tia~re to ~ecae~e pay~t oi .aid iadebtednes~ or indebtedner,
Iwwerer evideeced, Mrhet6er bp ~aid pe~o~niMOry eote o~ sap reoewal or e:tauion thereof or wbstitute therr~.tor~ or
other+~ri~e. aatil ali wch indebtedens s6a11 tur+e beea lnUr ~paid.
7. In the event the mor~gagors stll, convry or ~ransjt? tht mor~gegtd p~t»tises dttring ~he li/t oJ tl~is mo?-Ig~rir,
the~ this martgagt shall, at the option of tht Mortgag~e herer», Licome imm~diately due nnd payable ~or tlie Jtrl! surn o(
~h~ priacip~t baln»ce nnd ineertst then dut.
a. 17~e te=ms ~Mu~tbtao~° aed "Moet~a~ee~ wl~eoeve~ wea in t6ia iosttumept ahall it~clnJe the heirs~pe rwdal
cepre~e~atativa, ~uoowon aad ari~ af the re~pective patties Lereta yhen~er u~ed tbe rinaular eumber sf~aii 'u~clnde
the pMrsl ana the plunl the ~ia~uutar, ani the we o~ aar ~eoder sbap iaeiude alt ~enden.
Sisned. led and ' in pt~e~enca oE: . ,r"..~ ~ ~$~L~ ~
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. . - C-e.d~ lT . . • - . ~~6AL~ i
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STATE OF ~'LORIDA !
COUNTY OF D~c ~
Be~o~
se~ penosa~~ red I~tJTH[3~R !i. .
~pu PBT~808 s?ad 1~RA8CS8 0. PBTESS08, hi s W3ls
ts se ~reQ kro~ra and k~rd to ae to be tbe iodi~ridwb de~cribei ia and ~rlw es~euted tlre fore~oias iw~tru~~cat, a.d
ackssaled~d betore a~e ttwt tbep e:eeut~ t6e w~ne ~or t6e urpo~e~ tbereia e ~+i7NFS~ ar laad aad .
ai~.~ .eat u~ Co~.ti +~a s~.~ ~..e .to~.~a tW. th Ds~y o! pri , 196~ _
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• Jtute ~0 196'~ ; ' w o~,'-;~;
MY-t'.o~s~~ie~ Exp~e~es: _ ~ Naa~~ Pabl 0 ' ~ ~~v~ =
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P~LE ~ R g~,a. ~ _ r ~ ~r , , ,
ST. lU ~RD ~~,RIFIEO ~ : ~ ' _
REC : ~r_ ~.i
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'61 MAY '1 AN ~ . 43 ~
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1558r8 ~Z~ ~ ~
. fiO~,ER i~OtTR~S , .
C~„EaK CIRCUIT COURl'
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