HomeMy WebLinkAbout0648 ' ~ Our file FS-15,946
M~e~~sp~. Iw evewt ~f I~erciM~te of t?i~ ~nwARap o1 Nbt~ u~n~fa d ti~le 1~ 1M M~nR~R~d P?~peA~ ~s ~aliwR~i~w~~w~ .~f ~1w ~wA.M•
ederw ~ecueed h~~e~y, •U ri~1N~ lid~ ~w+ ~w1er~N d IIK M~np~+~ ~w NJ 1~ ~w~ ~w~~~~wre rl~~~n tiw~ ~w f~n• dwil Mw iLe
~~er6~~s~ +t ~tr~wt~t
(\1 T.. p?el~em. e~spl~ witl~ ~?ide tKi~ ~wd ~.er~ dK Mio~lui~w~. ~R~etiwrq~, fMJ111M~ •wd •+v~n~~u ~w w~~ Prww~w~~
wN~ ~nd ~w ~bi~ aeed K~ ~~hA.
(il 7tu~ if ~I ~id ~nrm m~we~ 6e~tia ~e1e«<d to I+e aot p~c::;s:lr ~ed f~U~ p~i~ ~+it6iw f1/t~rn da~n w~at
d~sr IAr ~~ne ~ever~ll~ bete~ew due ~wd ~~aelt. ~r i~ e~d~ ~nd sv~ry 41e ~tiPalNi~ •~~te~ueM~, ~~nd~~iaw~ •ed r~v~~~~eu ~f NiA
yrw~iw~ry ~ote ~oa 16i~ deed. eithe~. ~re eN frll~ oerfe~ed. ~~a~plied vitl~ ~n~ abide~ A~. t?e wid •R~pu~~e ~um m~e~ioeeJ iw
riJ p?~mi~en w~te ~11 bece+ne dre •ea pr•61e f~eth~rit~ or theR~f~~~ tAe vp~i~w d ~he MenR•see t~llr ~wd ~w~epl~~el~ M
~he wid •~~~e~s1e •wu ~1 •~id pow+i~~ w«~ vw KiR~ndl~ Niprl~leJ be wid ~w ~wA d~~. ~wytbiw~ i~ s~i~ ~~w~w~
er hetcie t~ IAe centnry nN~+i~Ml~edin~.
1 j 1 TA~1 in ~tder 1~ ~eeelente tl~e m~tu~it~ ~1 IM iwdebttdweN h~~ebr ~ccwtd. bec~~w r( 1he t~ilu?e ~f tbe N~etpq~ t~ Pa)
1~a. ~we~unent~ li~bili~r. ~IIR~IIM ~I t11tYM~f~MY Y~Nq ~rld pfO~tftr. N 1?etei~ y?~viie~ il ~~11 a~~ be w?rew~ ~t nauuue ~A~t
Iht ~n~etr~Re~ dull An1 a~ the san+e.
2. Tl~e l~tortsa6ee m~y. at hi~ optios. aad without waiviog I~i~ right to aceelerate the iodebtedoew her~by
~ecured and to forecla~e the samt. p~r eithec before o~ alter deliaqueac~ aar or all uf thoae cert~in obliRatioaa
rcquired br the ttrm~ he~eof to be paid bY the Moctga;or fur the pmtection o! the a~ortgave recu~ity o: for the collec-
tioa o[ the ind~btedneM hereby ~ecu~ed. All ~ums w odv:c~ed or psid by the ~fortgagee ~hal1 be ehacgeJ into the
mo~t6~ge secount and become an inter,tal part thee~eof. ~ubject in all ce~pecu to the ternu. eonditioas. and eovenanv
of th~ •(oreaaid promirorp note. •nd thiu mortaa aa. a~ Iulsy •nd to the ~sene ertent ~a thou6h a p~rt of the oriRioal
indcbtedneM evideneed by wid note a~d ~ee~iKd br thi~ mottg~se. exceptin6 huwever. tl~at ~aid ~um~ ~hsll be ~~paid
the MortRa~ee to~thwitl~ upon it~ demaad aad be in additioo to tbe nRuls~ monthlr ioatallmenti proviJeJ hy the
~nori6~6e oote.
3. That tl~e abntract or abatra~t~ ot title coveria6 the mort~a6eJ property sli~ll at yU time~. durin6 the tife of
thiu ~nort~a6e. re~naio ~in pw~cs~ioa of the MortR~6ee and ia eveat of the i~reelawr~e of thi~ mortR~se or othcr trsnder
of title to thc n~ortRaR~! property iu eatin6ui~hment of t6c indebtedne~+ ~ccured hereby. all ~i~ht~ title and inttre~t
of the 1ltortRa6or in snd to any wch abtnct~ of title shall pa~~ to the pnrcha~er os arantee.
4. 'io !he e~tent of tbe indebtedneas ot the Mott~a; o~ to the MortRa6ee de~crihcd herein or ~eeured hereby.
the rloztg~6re u henb~ wbro~ated to tl~e liea or lie~u aad to the rigl~t~ o( tl~e o~.~en and holder~ thereot of each
and ~?ery mortgr~e. liea or other iocumbraact on ihe land deacribel herein ~?hich i~ psid and/or satiR6cd. ia whole
or in p~rt, out o[ the proceeds of the lo~n de~cribed hereia or ~ecund hereby. aaJ tl~e ~pec~ive lien~ o( aaid mort-
RaRe~. lien~ or cther incumbraaca. shall he sad tbe ume and each of the~n hereb~ is ~~rescrved and shall paM to aod
Ix htld b~ the ~tott~age~e i~e~+ein as ~ecuritr for the iadebtedeetiw? to the 11tortRaRee herein deacribed or heteby ~cur~d.
to ti~e ~amc extent ?6at it ~.ould have hecn peeaerved and would have heen paMed to and been held by the ~lortga~ee
I.ad it Ixen duly and~egul~rlr aMi~p~ed, tr~asferred. ~et over. and deiive~e~l uuto tl~e Mo~t~aRee by ~e~~a~ate deed of
aMi~punen~ notwit6~tandin~ ihe faet that the wme ~nay be ~ati~6ed and caneelled of retord. it beinR ihe intention of iht
~~artie~ I~ereto that the same ~rill be ~atiufied aod eanoelled of record b~ the Iwlden there..f at or about the time of
thc rrcor+linR of thi~ mort~ae.
S. In the event the ownenhip of the mortga~ed premi+r~, or any part tl~ereof. becomes ve.ted in a penon other
th~n tl~e ~tortRa~or. the ~lortgaKee may. without aotice to tltie 1t:ort~a~or. deal with weh ~uecewor or succesiwn in
iutcreat M-ith ir.ferenee to thi~ deed ~nd the debt heer.by nccured. ie tl~~ rame manner aR ~.ith the ~1ortRa~or without
in auv war ~itiatin~ ~r di~charging the ~tortRsRor
• liability hereunder or upon the debt he~ebr .ecored. ~io sale o(
tli~ prcmi~n? lieerbJ mor[6a~rd snd no tarbearsnce oa ihe psA of the ;1ortRaRee. and no exten~ion ef the time for the .
r~r~~~~~~ ~~h~ ~~be h~~b~ ~ecured ~iven br the MortRagoe ahall operate to ~elea~e. di~cl~arRe. modify. eh~nRe or aiiect ~
the ori~inal liabilit~• of the Mortg~~or herei~ either in rrhde or in part. - ~
6. TI~. lien of thi~ deed tecures snd ~hall oontinue to ~eeu~+e pav~~ent of uid indebtedne~s or indebtednes~ ~
I~ewe~er evidenced, ~+hetber by ~aid promi~sory note or acy renewal or e:te~uon thereof o~ substitute ther~(or. or
otl~en+i~e. until all ~ueh indebtedne~s ~ball ha~e been (ull~ paid.
7. In tl~~ ~i~rne t/r~ mo~l~~~ors s~ll, ro»r~ry ~r hans~~r Ih~ mn~tfinG~d prrmists d~u~inS the li(e o( Neis ?n~~~l~~+,~.
thtn lhis rnort~n~e shnll, nt tlit oplron o( fht Aforl~a~G~t hrr~in. l~etnmt ~~m~dia~tly dut ~r?d paynblt /or ~lu /ull su~n u!
tht p?rncipnl balnn~r nnd inttresl lhtn dut.
~ 8, The term~ "MortRa~or ' and "Mort6~~ee" wheoever used in tbi~ inatrument ~l~sll include the hein. perwnal
! e~epre.rnt~ti.•e~. succe~son and aMi~ ~+f the respective partie~ hereto. R/herrver u~cd the sioRul~r auml~e~ sh~ll include
f the plural and the plur~l ihe ~io~ular. snd ihe u~t of aay ~ea~ler sh~ll ioelude all Re~den.
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~ iRned. ~eal a d ivered io the , ~ • ~S~'~
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STATE OF FI.O8IUA
~ tAUNTY OF$~ ss
~ ST. ZIIC $OB~BT ti. BICH.AR,DSOl~ aad JOHNNIE I~AS xICHAIIDSOA, _
Betore me penonallY aPP~a~ hf 8 1d~6 ~
~ s
~ to me well known ~nd tcaown to me to be the iadiridn~l~ dacribed in and ~rho eseeuted the fore~toin6 i=utruenen~ and
~ aekaowledRtd before me that they e:ecuted the wme for the purpwes thee~eu espreMed. WITNES~ hand aad
~ o~icial ~es1 in t6e Counq aod St~te la~t aforaaid tlw 18~ D8~ OZ 8?I"~ ~ 19Fi8
~ . ,
~ Juae 30, 19?1 Florida " = {
k? Nv Con~miNioa E:pire~: 11tot~ry Publi~ Siate at _ ~-::y:-.=:
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