HomeMy WebLinkAbout1364 .
. .
i~
M~etp~. ~ frMl ~ IN'!llNrtt ~ 1`M h1fK~R! IIf N~lf IfM~~f ~I UI~C l~ !wE YN1~~ Pf~ptfi~ is ealiwR~i~hw~eM rf ~IK iwir.M~
edww Newr~ wt~r. dl ri~M. titk ~ iMtered ~f the Mwt~ytK i~ aMl N~w~ i~sa~~e p~licia ~he~ iw fu.+ ~11 pw tie
Nuerw~ rr ~rw~t.
l~) T~ ~s~t~. e+y17 ~rit` aJ a~iJe s~e? ~ ew~7r t?e rtyalatiw, ~Rwa~eM~, e«~litiw ~~d c~vew~wM iw Nid pr~mi~~
a~te a~l i~ tri~ Mt ~~e11~.
(i1 'l1~t i~ w~ d w~ ~t wsaq ?e~slw etlet~ t• ~t Mt ~tw11 a~ tdlr pi~ ~rid~i~ dtir~~ ~r ~est
a(tK t`e w~~ Kwn117 `et~r d~t awi MT~It. K i/ Me` wi ev~r ~ NiplNi~. ~~ceMCw, ewd~tiw ~ ~w~ewwa ~f Mia
NN ~i tW i~. ~t ei~Me~. we w« frlll~ ~se(«+..~. e«~yli.~ ~u! .wr .bidsi br. t?e Mi~ ~preptc ~ww a~ewti«K~ i~
..id M..i..qr an. i.lt r.e«.c d.e a.~ ~.raNe (.~?.rid~ K t~lfl~itf N i~t ~l~M .i d~e ~I.NR.iee a. I•Ilr •wd r.~ylNcy
il ti~s MN ~~pepM w~ ~f ~ai~ ~ wwe .ra~ KipMll~ Ni~laleJ N be odd ~w w.~l~ d~y. aqttii~~ i~ wia ~wiw~7 MM
er I~sl~ N tM e~~ Nlwitl~M~wdip{.
tj? 'flut i. ~ier a~ee~le.~s t4 .ut~it~ .t d~e i~deM~eia~ iienLf .ee~ei. b«awe .f tl~e r.;l~re die Y«~p~.? t• ps .
t+~4 wew~newt, li~?iWp. ~li~tiM w e~e~wbtaw~s w~ ~rtr. M ir.~eiw ~vider. it ~11 a~t be weca~ah K?p~i~ite ~h~t
t4e u~wt~p1~ ~11 6nt M~ tbe w~a
i The Mort~~ee mar, at his optio~. aad ~+it6o~t waivw' ~ iw ri6ht to aocelerate the iudebtcdoa~ hecebr
seeured and to [oreclo~e tl~e saae, pay eitber before oe dter detiaqucacy an or all u~ thae ec~taia obli6atioaa
e~eq~ired br t6e terar 6ee+eoi to be paid b t6e Mortaa~or for the protection of t~ ~,«~~a~ ,~urier ~ r~ e~,~ ~u~.
tioa o~ t6e indebted~ hee+e~ ~ecured. ~1 sums w advasoed or paid by t6e Mortaa~x shali be ehar6ed inw the
mort6aae account and beoome aa iate~l pad t6ereof. aubject in all ~+e~pect~ to tbe tecm~, coaditions, aad ooveaant+~
a( ~ ~[o~aid pnwi~~o~r aote~ aod t6is n~octaa~ a~ lnllp and to the ~ame c~tait as thouah a part o[ the ori~inal
indebtedne~ e~ideneed br s+ud not~e aad sa~u~d r this mortsa~e. exoeptina huwever, that said ~ums ahali be repaid
the blort6a~e,e focthwit6 upoa ib dewaad and be ia addition to tl~e reaular ~~aachly inatallmeat~ provided by the
~no:t~ae ~ote.
3. T6at tl~ abtraet or abatracb et title oovarina tlre mort6aseJ property ~all at ~11 tim~a, durin6 t6e life of
tha mort~e. remain in po~ewoa ot the Mort~6ee aad in event oi the foreclosue+e of this monsa6e or other traaifer
of utle to the a~ort~,a~ed Propeety in e~ctir6ui~hoaent oi the iadebtedness ~ecured hereby, all ri6ht, title ~d interest
oE tLe Mort~or in and to m~ wch ab~tr~ts oi title shall pab to the pnrcha~er or ~raatee.
4. 'Ie t6e n.rteat o[ t`e indebted~ a[ t6e Mo~o~ to the Mort6a~ee de~cribcd 6erein or ~ecured herrby.
tl~e ~ ~ 6ee+eby to t6e lieo or lieo~ aad to the ri66ts ei the o~.nen and holden tl~ereo~ of each
~,~e~~ liea~ iapuabtaaoe oa t6e land deacribed Ine~ein wluch is paid and/or saw6ed, in wbole
oe in rt. oat o[ t6e prooeeds of t6e loan de~cribed hereit or securcd herebr. and the respecti~e lieas af ~aid sort-
ot~s~ ind~mb~?ooe~, ~6a]I be and t6e same asd each o~ tlrem 6enby u preserved and ~6~a11 pa~s to and
~{d bp t6e Mort~~ee l~ereia a~ecurit~ for tLe indeb~ednc~ to the Bioetaa~ee herein described or henb~ ~ecured,
to t6e sa~ne acte~t that it wonla ba~e Leea pre~erv~d and w~oWd havc l~etn psMed to aad been heW by the Mortaaaee
had it beea duly a~d r a~w~ued. transfernd, ~et over, aad d~li~ered m~to t1~e Mortsa6ee by ~eparate deed of
a~si~ment, uotwitl6Nt~ '~a6
tbe fact tl~at tlre sa~oe mar be aatisfied aad csneelkd of e+eoord. it bein6 tl~e inteatioa of the
pa=tie~ hereto dut t6e ~are ~?ill be aatis6ed aad caaoeDed of reooe+d b~ tbe holdcn thee+~o( at or abont the time of
the recordioa of tlw ~aost~e.
S. Ta the evmt the owne:ship of the an~aaed pnmi~e~. or an) part tLereof, becomd veated in a penou other
than d~e Moct6a~. the '!1u may, ~+it6oat notia to the Mortaa6or, deal with wch wcoeMOr or weoeawn in
iRLC!!At M1til nIE~ESlC t0 t'~~d aad tl~e debt 1aer~br ~ra1. in tlte same man~s as ~rith the Mort6aaor wiilwut
in anv way ~~tiatiaa or dischar~aa tbe Mortaa6or'~ liabil~ty 6ere~nder or upon t}ie debt hereby ~ecured. No ~ak of
the prrani~es i~erc~}~ nwet~a~ed and no forbearanee on the part of the '_NortRaRee, and ao exteasion of the ti~ne Por the
pare~nt of tbe d~bt hee~eb~ aecne+ed ~ivea b~ t6e Mo~ee ~hall aperate to relea~e. discl~arse, modifY, chanse or alFect
the ori~inal liabilitr of tl~e Mortp~or I~erein either ia a6ole er in part.
6. The liea of thi~ deed ~ecnres aad s6a11 coatisae to ~ecnre payment oi said indebtedne~s or indebtednew.
l~owe~~er evidenoed, whet6er by said pe~omiror~ note or a~? e~eaewal or este~don thereoi or wbtitute therr.(or, or
otherMri~e, nntil all wcl~ iadebtedaeas ~hall ha~e beea (nlh paid. -
' 7. In the event the mnrlgagors ull. convry or tra»s/tr ~h~ mo~lgag~d pttmises dttring the li/t o/ tl~rs niorl~eLe,
! then thrs mortgaRt shall, at ~/ie op~ton of the 1ltortgnget hertin, Gernm~ rmmtdia~tly dut nrid payablt for tlu Jtrll sun: o/
~ the principel Galance ~»d int~r~st then due.
' S. Tbe te~ms "Moetasaor° and "Mort6aaee" w6eaerer u~ed in this iostrument al~all incluJe the l~eirs, nonal
rm
~ ~pe~~eptauves, w~oeeMOis and aMip~s of the c~pective putie~ 6ereta ~/l~erever used the +~inanlar anmber shal inelude
~ the plural aod tl~e plural the aaanlar, snd tl~e n~e of aay ~euder s6a11 ieclude all ~endcn.
~ ~j~ ~
i ~
~ Si ~eaied a 'v ia the pr~ oE: ~ ~ ` : ~ . _ (Sv?~)
. . . . - /y' (S~~
~ _ . .
STATE OF FLORIDA ~
(:OUNTY OF ~
S'1'. LIIC J/?~'~8 g~ aII,B~' and ~LIZABETH H. GILB~RT his
Be~ore a~ pe*soaa111r appearea A-,• r
ts nre r+e11 k~wr~ sad k~r~ to ~e to Y6~7~1Y1dO~Ii IIE~n~ IA ~01; MIN eletYl~ lllt ~O~C60tt6 IM~f~la~ i~
~ scl~wo++led~d betoe~e ~ tbai tbep eseeutei the sa~we for tbe pncpo~a t6er,eu e ~ITNESR w~y baad a~d
k .ie,;d ,e,~ u t`e Co~.q .fd st.t~ 1.~t atoreaaid tlw 6th Day oi ril, 968
~
~ . . _
~
Mr ('.Nww~iwiM B:pi~: •T11IIe 30 ~ 19~f1 Netary I~lie. Stak d ` ~ 1 ~ - _
~ _ : _ ~ _
i : -
.
~ r 1 p
FII.ED AND R~COROED ' ~ ~ ~ ' ~ ;
: ~ :
~ ST. ~UCir COU?:TY. FL~. , . .
. ~ . :
~ j ~ ~ ~ ~ ~ ~N••~M~
~ 1 ~J~~~
~ 6625;~ a
~ '68 ~~P, I 8 A~! fG : y
~ _ . ~ •
~ . : _ : , ~ ~ eoo~ l71 ~ 1~62
-::.x c::~c~~T cou~T
,.}"'2 . ~'vr
~
4~~ S~'3~~~~ ~Yl'~ r
t~-~~ sa~'~ x.e
~