HomeMy WebLinkAbout0948 Our file rS-~~,975
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M~e+p~. IA trtw~ ~f /~~eel~wrt d ~6i~ msrtpRe w Nher k~wdw d utl~ t~ d~e wKtp~e1 ~t+reN1 i~ eauw~i~~ J tk ~M~
cduer ~ec~ee~ ?e~e?~~ di ri~A1. titl~ ~wd i«~ercw ~f 1br Mw1~N i~ a~ t~ M~ iw~s rlititi ti~w ir /~n• Jwll ~w Irt
~MKba~ff w Sf~1~t
(?1 Ta peef~sn~ eNP~7 wit` ad ~~ide by ea~6 ~~d e~e~~ t?e Miplati~M. ypnaw~M. e~wJiliw w~l e~ve~MM iw wwl M«wi~wf
~nt~ ~nd iw Ilw ~etd ~et t~etl~.
lil That ii N~ et w~ ~w d s~we~ ?eran ?etcm~ be ai K~wpl~r a?d frll~ ~ ~rit~ AttKw Mri wt
dut ~he wae ~crenll~ becusw dw iwd N)~Ale. K i1 ae? ud e~ren Uw ~iNiw~ ~Rreew~ew. e~Ni~ aw~ hw~~M ~f w1
pr+miwq ~ete wJ tli~ dsed, K eitl~er~ ue nN fdl ps~fwn.ed. e«.~ti~ wi~? ~wd ~iieJ t`a ~~fi~'~Me ~rw ~wcw~i~wsr i~
YIJ pfMUlY~t~ MI! iW~i ~lt~q! tlll! a11, NrtWt ~~bM~t~ K tA6tt~IfK at MI~M ~ lAt ~INt~~!! M~~II~ N, NM~Il1lI~ r
if ~hc wia • pta sura ~t Nid KNai~wq v.~ ~ri~iwdir ~tiwlNe~ `e Mi~l ~w wr11 if. M7t~i~R L ~w~l N~wiw~~ MM
w
sr heteia N t coutnt~ w~tvitiyt~ndin~.
l j 1 Th~t in orde~ t~ ~ecdehte tlK aut~rit~ ~f ttK indeLtedwta ?ttebf ~ea~reJ, Leuwe ~t 1Le Jajlwt tMt Y~I~t N M7 Mf
t~a. araunent~ IL6ilitr. ~?lipti~w ~r encwnb~am~e u~w wid ~h~srir. M~et~p ~h~ il ~11 w~t ?e w~a~w~ K tr~wlt thN
tbr u~~nwRe~ ~iul) lint p~~ tbe wrae.
2. Tlu Mo~tsa6ee mar, at hi~ optiao. aad witsoat wrivin~ 4i~ riaht to sooelerate tbe isdebtedea~ l~erebr
aecur+ed aad to foraclo~e tbe sa~ae, Psy either beiore or Jter deliaqueacy ur o~ all u~ tho~e artai~ obliaatioa~
ceqnired by the terma hee~eof' to be paid by the Mortp~oc [oe t6e p~otectioa o~ ti~ m~oet~aae ~eeu~ity or ~or tbe oollea
tion of il~e indebtedneN herebr ~ecured. All ~umr ~a? adv~noed or paid by tl~e Mortp~ue ~hall bs ehar`sd iato t6e -
mortp~e account and beowne ~n iatesnt pact thee~eaf. wbject ia xll ~e~pew to tbe ter~ oonditio~ asd ceveiuat~
oi t6e afore~aid promiroty ewt~ and tha eno~t ~e. ra~y aad to tl~e wa~e e~tent a~ thw~sk a p~et o~ the.oriRidal '
indebtednea~ evidenced by said note and ~ecu~br dw wwrts~~e, exoeptia6 huweve~. that ~aid wwui ~1u11 be n:paid ~
the MortRa6ec forthwith upon iu deu?and aad be uo additiou to the n~ular moatbfr install~neata provided br tbe
inort6r~e oote.
3. That tl~e ab~tract or ab~ract~ of title ooverin6 tbe rnortaa~ed PropeN) shall at all time~, durio~ the life a~
thu ~nortpa6e~ remain ~in poreMion of the Mort6a6ee and in eveot o~ the foreelow~e o( thi~ mortaaae ot other tran~et
of titk to thc niortRa6ed property in extinRuiuhment of il~e indebtednais ~ecu~ed hereby, aU ri`ht, title aad iotec~at
d' the 1lioct~a6or +n and to any s~.ch abstracts of title ahall pw to the p~ucha~er or araatee.
T~o the extcat of t6e indebtednw o[ the Mort~or te ihe Mortaaaee de~cri!?ed bereiw or ~r~ lMerebr~
the l~~ortga~ i~ hcnby wbro~ated to !hc tim or Gen~ and to the ria6b o( the oanen and holden tbereof of eaeh
and every mort6aae. lien or other incumbnnee on the 1a~.d describ~yl herei~ ~?1ueh i~ paid aad/or wtis6ed. i. ~riwle
or in p~rt, out o( the prooeed~ of the losn de~cribed ber,,e.~ or iecue+ed herebr, and the reMectire lie~s d Mid ~ort-
~~ae~. liena or other iacumbnacea, ahsll be sad t6e aa~nc and each of tixm 6enby u ~~ee~rved aAd ~all pan to ud
be held br the Moctsa~ee hercin as ~ecuritr for the indebtedne~s to the 11Tort6a~ee I~e~eia de~cribed or hereby ~ecared,
to the sainc extent t6at it MoulA have hcm pre~ervcd and w~aild hare heee to aAd beee 1re~d br tbe MoR6aaee
e
I~:d it bccn duly aod reaularir a~a~~cd, transfernd, ~et ov~er. aad deli~ nnte the Mortaa~ee by aepsrate deed o~
aMiRti~nent, notwithataadina tbe fact that tire samc mar be ~ati~fied aad eawoelkd o(' e~eoord~ i~ b~in~ tbe ietestioa e! tbe
~.arties l~ereto that the saene wrill be satis6ed and caaoeDed ai record b~ tl~e bo~deer 1l~erco~ at or abont dk tiw~e d
ihc rrcordinR o[ thi~ mort(~i~e.
S. In the evcat the ownenhip of the morl6a6ed pnmise~. or any Part tl~creo(. becom~s ve~ted ie a penoa oil~
than tl~e }t~.rtgaRor, ~t~ ~tona~~~ m:r. witl~ont aotioe to d~e Mort~or. deal with weh auce~o~ or wte~ori ia
iuter~et ~.•ith referet~ee tu this deed aed tl~e debt he[rb~ ~eeured. ie the uame manner as ~rit6 t1~e Mort~a~or ~irithout
in any way ~~tiatin~ or dischar~n~ tl~e MortRaRor
• liabilit~ heoeneder or upon t1~e debt he~eby ~ecured. No ~ak d
tl~e pr~miad? liereb~• mor! a6rd an~l no forbcarance on t6e part ~ tht ~IortRaRee~ and no e~tenpon ~ the tia~e for tbe
payment ef the debt hene~y .~~~red br ~he Mo~~ .b,ll op~~~e ~o .~ka.e, disel~ar~ rnodi~r, chan~e er s~ect
the oriRinal liability ot the Mort~a~on c~rein either ia ~r6ole or in p~rt, .
Tl~~ lien c.( this deed ~ecu~s and a6a11 ooatiane to ~ecure pa~wkot at' ~aid isdebtedneN or indebtedses~.
I~ewc~er evid~nccd, whcther b~• said promiworp aote oe a~r noewal or estemion thereo( or wb~titute tl~e~or. oc
otl~erwiae, until all ~uch indebtedn~ shail i~ave been fnlh- paid.
7. Ir: llrr r.•rttl tJr~ mnrt~~2~ors s~ll, rr,nu~y nr trans/cr lht mort~u~td prtmises drtrin~; ~ht !i/e oj Nris »rm~~r+~•t,
th~n this mnrl,~n~e-ah~ll, ft tfrc oplton o/ tht Afort~aRr~ h~r~rn, b~rnmt immrdialtly due ~?td paynblt for tl~t jufl s~nr~ ot
tht f?rrnrrpnl bnlnn~r nnd rnttrtst thtn du~.
S. The terms "yiort~s~or" and "Mort~asee" w6eoever used in thu iastrumeat ~l~all inelwk the l~irs~pe t~ooal
rcprc+ient,~tives, auccceson and aa~i~ of ~h~ respective p~eties hereto. ~/1~ercrer u~ed the eiaRalar amnher si~all iuelude
the plurai and the plural the ~inaul~r, and tf~e usc of any ~endcr ahatl inelnde ali Renden.
5i d alcd an delive ia he prc~ence of: ~ ~~L~
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STA'TE OF F RIUA 7
COUNTY OF~ s~
ST. LIIC
Be(ore ~ne perwnally appeared 1~'LOTD S~T. BOR~ET 8]~d GLADZS Y. B08$:BT ~ h3B I~iife
to me Mrell {cnown and known w se to b~ the individaab deicribed in asd ~rho eue~rted tGe (oreaoie6 iaMe~w~~~ ~
aeknowledRed before a~e that they e:eeu?ed t}~e w~oe for the purpo~es tberei~ esp~+eMed, ~ITNE3.~ wr hawrl a~d ~
aieial ~eal in the Countp aod State l~at aforesaid thi~ ~y D~ O= 8IIU
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June 30 19?1 ; . _ .
i41v C.ommiaion E:pirc~: ~ Not~ry Pablie. Sta • .
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BuUK i rl O PACE 945
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