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HomeMy WebLinkAbout2111 ~ - Our fileFS-16,099 1 M~M~~pr. Iw e~eM ~l /~Kelw~~e ~I IAi~ n~wMR~q N~~I~~? Ir~n~~~ d 1i11e 1~ IA~ w~~rtR~R~d pnpeA~ ~w ~at~wRri~hm~e~ ..l ~M ~sMA~- ednw ~uecd I~eres~, •1{ ~i~L1. litl~ ~w~ ~n~e~?N ~f 11w Ms~l~a+• ~w ~~d 1~ ~w~ ~w~~nnrt Pwl~~iti ~Iww ~w fw~+• ~h~ll p~.~ UM ~YR~~tf Y~ Lf~~ll~t 1?) T~ ~~f~en+~ c~mpl~ vit4 ~~A ~?ide e~~h ~n~l ~rf/1 I~f ~~pYI~11~M, ~~tceiw~rl~. ~~wdui~w~ snd •+v~n~n~~ ~s a~~d Pr~~n~.Nr~ nN~ ~nA in 1Ai~ deed w1 I~nh. (il T1u~ if d~aid ~am~ ~l m~ne~ 6~~e~n ~efe~«d l,e wat pro::~:iy ~nA (uUy p~i~ ~+iihiw Htlr~n d~Ir~ w~at d~p thr r~nc ~eve~~ll~ bersm~ dYe ~w~ p~y~bte. ~t i( e~ch ~nd ev~n b1e ~~IpYI~11~1~~. •~ftC~~MMi~ ~'pflAlI14M •nd ~ev~~~~nu ~f u~d yt~u~i~snr ~ote ~ed isi~ deed. ~ithtr. ~re n~~ fullf Pe~fonned. e~n~plied •+iib ~nd ~bided Ay, tbe ~aid ~=are~~~ ~um m~e~ion~J ~w ~id premi~ery w~tE.,eA~ll become du~ ~wd ay~ble f~nh~rit~ or ~heerd~~r ~Ae optisn 1F~t Mo~IR~Ret f~ly •wd rwrnpb~~lr r a it ~he said ~RR~epa ~au~ ~f •ud kew~i~~ wM~ nrw K~RIMIIr ~tipulueJ t~ 1~ p~id .w ~y~A d•~. ~wr~biw~ u s~~d P~~w~~M ; sn c~reie t~ IAe contra~y nN~+~~A~landinR. 1 j 1 TAu in ~rde~ •e«:ente the m~tu~itr ~M indebtedsaa h~rts~ ~ecund. IKCau~~ ut ~he (~il~re of 1l~e M~~t1t~R~? te p~~ •~l f I~i. •ue~ancn~. li~silit~. ~b1iR~li~w en~wnbra~~~e uyew ~rid proptAr. a~ hereiw yr~vided. i~ ~h~l) u~t be n~~euah K«Vau~~e ~A~t ~hr u~eirtr~R~~ dull linl psr Ihe ~s~ae. 2. Tl~e 111ort6~6ee mar. at hiu optioo. aad without wriviog l~i~ right to accelerste the iod~btedoes~ herebr ~ecured aad to loreelo~e the same. pay either b:.(ore or after dclioqueocy anr or all uf lhoae cert~in obliRatioaa eequired br the tern» hee+eof to be paid by the Mactganor fu~ the protection of tfie morth+~ee .ecurity or for the eollee• tion ot the indebtednew hereby ~eeured. All aum~ ~o advae:.ed or paid br the \lortgabre riw:l be cha~geJ iuto the ? mo~t6age account and become an intefr~l part thee~eof. ~ubject ia rll ~e~pecti to the temu. conditionh ~nd covena~t~ or !he •foe~aid promiMOrr note. and thi~ moct6aga. u tul:y oad to the wme ertcnt a~ thou6h • p~rt of the oriRin~l indrbtedneM evideneed by ~aid note aad seeuc~ed br thi~ mortgage. exceptin6 huwever. that ~aid ~um¦ ~hall be r'paid the MoriRagee to~thwith upoo ita de~n~od aad be ia addition to the reRular monthlr iwtallment~ provideJ hr the ~nort~+~~e Isote. 3. That tl~e ab~t~act or ab~traca ot title coveria6 the mortg~6ed propert~• ~I~all at yll timew. durinR the lif~ o[ thiu ~no~t~a6e. re~naio ~io po~aes~ion of ihe MoriRa6ee aad ia event of the f~reclosure of thi~ mort~~ae or other traasfer of title to the n~o~tRa~.~+l property in extin~uishment of tl~e indcbtedoer~ ~ecur+ed herrby~ all riRht. title and ioter~~t oi ihe blortRaRor ie and to anr such ab~tracts of title •hall paa~ to the pnrchs.er or 6rantee. 4. 7 o the ettcnt of t6e indebtedaess o[ ihe MortRa; or to the MortRa6er d~~crihcd herein or seeured hereby. the 111ottgaare i~ hereb~ wbroRated to tl~e lieu or lien~ an~! to the rights o[ tlu o~.aen and holder~ thereof o[ ~ach sod every mortg+~~e. lien or oiher incumb~aace on the land dexribeJ herein ~.hich is paid and/or sati~6ed~ in whole or in pars. out o( the proeeed~ of the loao de~cribea herein or ~ecuned hereby. anJ tl~e reapec~ive lieos of said moR- Ra~ lien~ or other incumbraoces. ~hatl he and the aame and each ~?f Ihe~n 6ereb~ i~ ~~re~erved and ~hall paM to iod be held b~ th~ 11ortRagee hee~ein a~ ~e~curitr for the indebtedncw~ to thr 111or1RaRee hereio de+cribed or h~reby +~cur~d. to t{~e samt extent that it Nould hare ix~n praerve~l and wonld have heen paaed to and been held br the NOrt~a~et I~ad it lxen duly and KRul~rlr aMi+p~ed. traasferred. ~et over. and deli~er+ed ui~t~ the 111ort~aRee by se~~arate deed of a~i~puoen~ not~.ith~tandin~ the tact tb~t ihe aame may be aati~fied and c~ncelled of reeord. it beinR the inteotion of the ~~artie. I~ereto th~t the ~ame wrill be aatu6ed and canoelled of e~eco~d by the holden Ihereof at or about the time of Ihe rrrn~ioR of thi~ mortRa~e. S. Io thc event the ownerahip of the mortgaRed premivs, or any part tl~ereof. becomes ve~ted in a penon other ihan tl~e ~1ortRa;,or, the '~lortgaKre may. without aotice to tl~e ~:ort~a~or. deal with such ~ue~eswr or ~ueceswn in t iutereat ~.ith rrierence to thi~ deed and the debt heer.by aecured. in tl~~ ~ame manner a. vrith th~ \iortRa~er without • in anv way ~-itiatinR or discha~~inR th~ ~1ortRaRor • liability hereunder or up~?n the d~b~ h~~br Kcured. `e ~ale of tl~e prr.mi~ l~errb) mort6sRrd and nn forbearanee o~ the part of the \1ortRa~ee. aad oo ext~n~ion of the time for the r~rn~~~~c ~f ~h~ debt h~rr.b~ ~ecured ~iven by the T1Jort~a~roe ~hall operate to relea~e. di~cl~arRe. modifr. ch~nRe or aRect 1he oriRinal liability of the MortRyCor hercin either in whde or in part. - ~i. TI~~ lien of thi• deed ~ecurM and ~I~all eontinue to ~ecu~+e p~vment of uid indebtedne~~ or indebtedness. 1~owe~er evid~nccd. ~+hetlxr by ~aid promi~sory note or asy rencwal or e~ten~ion thereof ar substitute ther`for. or otlxrwi~c, until all sucl~ indebtednr+n ~hall have been (ullv paid. 7. In llr~ rarnl llr~ mn~l~n~ors s~11, ro»t~ry nr lrnns~tr Ihr mort~n~rd f»~mists drn-enG tlic li~c oJ ~hrs n~~~~l~~~,~. ~ lhtn tiris mnrl~~~t shnll. at tl~e option o~ ~ht Ato~l~n~~t htrrin, Gttnrnt imm~dinttly dt~e nud paynb/t ~or tl~t /ull sum u/ f th~ principnl bnlnnr~ nnd intt?csl lhtn dut. f 8. T6~ terms "MortRa~or' and "Mort~a~ee" whenever used in thi~ inatrument d.all include the hein. perwn~l x~~~e~nt+~tives, sue~e~on and a~si~ ef tl+e ~pective partie~ herrto. R/heerver u~ed the ~ioRul~r num~er ~h~ll include tl~e plural and the plural ihe ~io~ular. and the u~e of anr ~ender sh~ll inelude all Renden. Rned. ~ealed and deli red. a the pre~enoe o(: (SuL) ' ~ ~ ,Su~, - STATE OF F[.OZIUA s~ (:OUNTY OF ~ ST. LIICI$ HASRY ARLICE OSTT~EA and `TASSIS I,. OSTEEN, his Wiie Hetore me penon~lly appe~red to me well keown ~nd kaowa to a?e to be ihe iAdividual~ deseribed in and who esecuted the (oe~e~toin6 ieutsumco~ aad sclcaowledRed before me that they executed the same for the purpwes thereio esprewed. WIThES~ ~n~ h~nd sod o~ieial ~eal in the Couotr aod St~te la~t alor~aaid thia 1~ D8y Of F6 ~ 19~ - . t ~ . f June 30, 1971 1~o~~ry Publie. ~ta ori _ ` ' , ' Hr Cornmiaioa E:pirr..: - ' , - - ORDE~ ~*r• ~ 'c)~ RE~TY FII.E~~~~~~ ~v•~ FLa• . . ST, ~u : ~ - . . - . - j ~ ' ~p -t~. ~ 1; 37 ,~a FE m A . , i~.~•` ~ ~~_r R~. C1RCU11 C~UR~ $~0!( ~ ~ V P~Gf ~~~V ~ , ~ ~ ~ b ~~y° _ '~?aF ~+r.~a.ae,`~ w^h~.T ~ ~ ~ „ . {O' ~.r~'R"~'k - C" 5 tr A - - ~R