HomeMy WebLinkAbout1741 ? . . , Our file 5-1?,282
Non~~~~r. le e~eet d IKKIa~~c uI ~hi~ u~orlMRt vt N6lr lf~p ~I Ii11e 1~ IIK w~u1R~Red ~t~ptrfy i~ ~alinR~i~hm~nl ~hr ~nA.M•
cJne...ecured ~e~esy. ~II ~iRh1. 1i11~ ~ud ~ut~~eN ~t tIK Mw1~K i~ wi 1~ ~wr iww~~nre Mli~ie~ IIKw iw fwr.: ~hsll y~.~ ~w ~M
,ur~lu~er ur ~~~~~ee
1~1 T~~ ped~em. e~ply wi11~ ~~d a?itk by e~~ w~ e~er~ the ~tMdNi~M. a~~we~u. ~Mdi~i~m +~ad ~~~~e~nu u~d p~o~n~w~~
ee1~ ~ed iw tl~i~ deed ~e1 f~etb.
lil ThH i~ u~ ~f w1 ~tiay ~f m~wey ir~eiw relernJ be ~t ~~pt!) aw~ IMlIr ~i~ wilhis tlfl~yn ~zt
dter 1hr wu~e ~evetdl~ bee~e~ dYe ~nd p~y~ble. K if e~e? ad ~rtq tM ~tiplNi~wa. •Rreen~eM~, ~nwJ~u..w~ aad ~ev~uam~ ~f w~d
y~wniwenr aMe wa t?i~ deed. K ~ithr~. ~re nN ~YIIi• ~ee(~ned. eNa~li~ ri~ awd .bida~ by. ~e ~aid a~ept~ .u~n m.ntivMJ ~a
w~, PtWqlMOry MI! bttNpR ~~Y~ ~M+ piy~~! lNl`MIl~ M I~tft~llf ~t l~M Op11M ~ lb! Wstt~Rf.~E ~Y~~y ~A~~ . a~np~N~~y N
1~ 1~1t MI~ •~Sft~11! ~YIO O~ ?it~ ~f11M1~Nfr 11Nf MM KIRIM~~r ~11~Nl+ ~r ~1? aj1~ M~W'~1 ~wy~hiwR iw ~~~d p~~w~w~ Mte
nr hereio a the .~eMn~~ wawithsandinR.
~ j i Th~~ ~n wdcr 1~ ~eeelenl~ tAe n~~~~it~ ~t tIK iwdeberwer beeeb~ ~ecwed. Lec~we ul tl~c f~il~re ef tAe M~n~a~ p~r
wrw~~~nt. (iabilit~. ~?lip~i~w K enrwnbrame ~~w ~J ~~~ptAy. M AtreiA yrovidrd. it ~ball xnt be n~~ewr~ K hquu~~~ ~h~~
th~ u~srtCaltr~ ~lull Anl p~~ tlK Nrae. .
2• T1u ~1lurta~aee inay. ~t hiu optioo. and witho~t waivia~ tu~ risht to acoelerate the indebtedne~s herebr
eecu~ed and to foteclo~e the wa~e. par either be(ore or aiter delinqueucy a~r or all uf tho~e cenrin ubliKationa
cequired br the terna l~eeeof to be paid b~ t1~e Mort6a or [oe tbe protectioa of the a~ort~aaC uecurity or (or the eollec~
tioa ot' the indebtedaeM herebr ~ecured, All sumn so a~vaoced ot paid by 11ie Mortaa~e rhall be char~l intu the
~nort~aRe sccount and become an inte6ral pan thee~eof~ aubjeM u~11 re~pect~ to 1he ternu~ conditiona, anJ cov~nant~
of Ihe a(ore~aid promiMOry notq aad tlw mort~a~ a~ (nllr snd to il~e wme e~tent ss tiwu6h a prrt of th~ uriRiaal
indebtedney evidencr.d by ssid note aad ~ecu~+ed by tltiw mottsa~e. e~ccptiaa huwCSrr. tl~at ~aid Mum~ ~hall 1?r r~paid
the A1on~a~te torlhwith upon it~ deuiand and be ia addition to the n6ular maathly inytallmcnts provided b~ the
~nurtRaRe nWe.
3. That tl~e ab«tract or abstracts of titk ooverin6 tbe mort6aseal propert~ alull at yll ~in?e~ JurinR the lif~ of
thir ~nortF,a6e. reinain in powe~sion of the Murisa6ee and is eveat of tl~e ~ot~eelosur+e of thiR mortRa6e or ~~th~r trand~r
of title to thc mortRaaed pr~opesty in exti»auisbtr~ent of iLe indebtedne.~.~ ~ecue~ hereby. all riRht. titlr noJ interert
o( the lllortRa6or ia and to aay wch abstrac4 of title ~hall pau to ihe p~~rc6uer or 6nntee.
4. 7 o the exteat of t6e indebtedneM a[ the Mort~a6or ta t6e Mortaa~ee de~cribed herei~ or ~ecured bereb~.
the !11ort~a6~~e u hereby wbro6ated to the lien or liem sod to the riRitb of tl~c o~.nen and hotdere thereot of earh ~
aad every n~ort6~e. lieu or other incumbranoe on tbe land describal herein ~.hich is paid anJ/or ratiK6eJ. in wholr -
or in psri. out o( the prooeed~ o~ t6e loan d«cribed l~erev or ~ecured hereby. au~1 tl~e respective lieo~ of wid moct• ;
Ka~d. liem or other incum.~.nnoa. ~hall be snd t6e ~ame a~d each of them l~ereb~ i~ ~~rese~rvcd and sh~Il paw to aod j
Me held b~ ihe !Hort6aar.e hertia as ~ccuritr ~or tbe indebtedneM to the 111ortRa~pee herein de.rribed or h~reby necured.
to t1~e wme e:tmt ~hat it w~wld hare been pn~erved and would~ 6ave hecn paMed to aad been held by the !NortRaRee
I~ad it bc~n dul~ aad reRularly a~u~~ tran~(erred, ~et over, and deli~ere~ uuto the Mons~R~ b~ sry.arate dced of
~~i~punen~ not~.itlutaadin6 t6t tacY that thr same may be a~tisfied a~d cancelMd of reeorv~~ it beinR the intention of the
~~arties herelo ihat t6e aame will bc iatis6ed aod caaoelled d t+ecord by t1u l~olderr Ihereof at or about the time of
~h~ rrr+?r~linX of thi~ ~noriRa6e.
S. In thr event the ownenhip oi the mortaaaed pnmiw. or any part tl~ereof, becom~a veMte~1 in a prnun ~~ther
tha~ tl~e 11ortRaKor. the 11urtRaget may. without aotice to d~e Mort~aRor, deal with such suecc~or ~~r ~uc~~~.~n in
i~~terert ~+ith refennte to this deed ~ad th~ d~ h~nbr .~~a. in 11~~ ~me manner as ~rith the !11ortRaRor w•ithout
in an~ way ~itiatinR or di~charRin6 ihe Mo~a~or'~ liabilii~ l~ereunder or upaa t1~e debt hereby secured. No wk of
the prr.misea heeeb~ nwct 6a~ed snd no forbearanet oa tl~e past of the 41onRaRce, and no extension of th~ time for the
p~y~nn~t of tti~ debt hereb~• ~ecured Riven br the Mott6aaee ~Itsll operate to rrlea~e. di~cl~arRe. modify, chanRe or alfect +
ti~e ori~inai fiabilit~- af the MortRa~or hetein either ia ~rlwle or in part.
6. 7'1~~ iie~ et' thi~ deed ~ecu~e~ aad ~I~all coatinue to aecure pa~ment at ~aid ir~debtednea. o~ indebtedncr,
I~ow~~•er ~videnced. whether b~ ~sid praniworr ~wte or at~r n~ewat or cxtension thereof or sub~titute ~h~nfor, or
otl~erwi~e, nntil all sach indebtedaras shall h~ve been full~ paid.
T. ht ll~r• r~~r~tl fhr rnnrl~a~nrs s~ll. ro»:~ry nr lrAns(er IHr rnorl~n~~d pr~miics duri»~ tl~r li~~• t/rr.~ ,r,.~~ •=,i.•,•. ~
tl~r~t llrr. ??r.~rf~n~r s)inll. ~t ll~e ur~rn» o/ tbr Jlforf~a~~r /r~rrin. /?r~nnte inunrdrntrly dur nitd ra)•abJc• /oi- tlr~ h~l,' .r,~•~ ~~t _
t!?r r~~n, ~f,nJ '~,rln»r~ r?r~d ~~+fe•t~st Nt~rt tlt~e.
8. Th~• terma °MortRaRor" and "Mori6asee" ~rheaever uaed in this iastrurnent rl~all ieclu~le ~he hrirR, prrwns!
er~.rr+~•nt~ti.~eM, suce~n aRd a~si~ nf the re~pective partie~ hee~eto. Wl~ereve~ u~d the MinRul~r numl.rr ~hall includr
thr plural and the plural the sinRulas. and the u~e of a~y ~qender sl~all include all ~enden.
.
Si .~ealed d ve in ~e pre~ence o~: (5~~,) ;
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STATE OF Fi.O:t1UA ss ~
COUNTY OF~Y ~
ST. LIICI$ BUTH PITTB, aa wnad~r~cisd woaaa, being the
Befare me peno~aliv appeared ~d~ 0~ ~~e„~y ~ t~~~ ~
to me we11 known •nd ~nown to me to be the ia ivi n~ dea'~e~ in an who e:eeutcd the tore~toia~ in~~rumeAt~ ,~d '
ackaowledRed before n+t that ther executed the ~a~ae for the purpwn thercin e:preyed, a/IT\F.S~ m~ h~nd snd ~
o~iei~l ~e~t ~n the Countr ~nd State la~t a(oreiaid t!w 9!1 D~ OZ ~TOIf ~ 19fj$
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Mr Corn,ni..ioe E:pirr•: 'T~S ~ l~otary Pnhliq 5t~te oI ?
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RIL.EQ ANQ FLA, ` ~ :
$T~ ~,~~1~ E0~lNfiY. ~ a : ~ : -
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CL~RK CIRCV1fi COUR'~