HomeMy WebLinkAbout0685 ~ . . .o ~-Our Yils 5-18,1~6 ~
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ed~wP~i~e~i M~ai~ dl ri~l. titk u~ u~te~at ~ the N~~~iw a~ u~~~ ~~il~~r tbew iw~f
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Ntr`wt +r frw~e-
T~ ~af~ew~. e~ylr witr s~ ~ide ?f aeh ~ eveh tbe tiNJ~ti~ ~~reaweMS, e~nJiti~ an~ e~veMwq wi~ p«niwr~
u~t~ swd i~ tW i~e~ Mt f~.
Ii) 'n.~ ~t ..W .t ,~...ey ~t~ .~t«.~ u r. w K.+~~r a.1 tdl~ ~ ..i~i• t~tu~n ~.~n .en
~hK tl~e ~+t ~ewnQ~ tien~w d~ a~ M7~?b. K if aei swi ~v~ tY ~tipi4tiwa, a~~ee~wc~t~. .w~~i.r .yr~wwu ~f wid z
~rwit~e~ MM ad t?i~ K eit6er. art w~t fdl~r ~ai.~.~.i. e.w~l:.1 Mid .n~ abider y. t`t Nid s~pee ~uw iwewti~wd 'u '
~sid ~ww~ NM ~i~il we~e dre aw~ M~aNe tietr~ritr K~se~tler at the optiN ~f t`e Nsrt~~eee ~ t.llr .wd ~am~leeelr M
if ll~e pii ~rc~~
~~~~NNrs MIe wM ~tip~allr NipolNe~ 1~ be Oda N wrl~ d~). aw7n~~ i~ wi~ ~wiwK~ ~Me
heeri~ a trs
111 ThM iw wir N~ec+l~eNe 11~e aut~eit~ af the iwie~leiew I~eresy sec~rcd. 4ees~ue rf ~be f~ilu~ d ~is li~tpp? t~ M~ a~l .
t~x. +rewneM, ~i~?iWp. ~lipti~w K e~e~rw6rawre ~~w ~aiJ KMertr. M hcreiw Nnvided~ it t4a11 M~~ be acewary K n~~iute tlwt
the u~~rtsaltee ~11 6~t1 ~ tre ~~e.
2. '17~e Mo~a~ee wa~. at 6is optiaa, and wit6w~R waivu'~ 4u ti~ht to aocelerate the indebtednw hereby
~ecured and to [ot~eclo~e tl~a ~aa~e, pay eit6er be[ore or af~er del'wquieacy any or all of those eertain obli6atiooa ,
~;~a br ~ c~. t~c ~~~ua by~ e~~.aor for tLe protection of the maR6aae xcurity or for the oollea ;
tion ot tl~e undebtedneM beeebr ~ecured. All waw ~o advaaoed or paid by the Mortaa~e shall be ch~raed into t6e
mort6ase aceo~at aad beoo~ m inte6ral past tLereof. n+bject ia al! rdpeca to t6e tertw, «~nditio~s, ~nd covenants
of the doe~aid pe~ani~rocr aote, asd tbi~«~~~rt~e. a~ [a11)? aod to tbc same e~teat u ihou6h a part of thc ori~inal
indebtednds e~~d~nad by said pote and nd br tlw mort6a~e. eaocptin6 huwe~er. that raid sume ~hall be rr.paid
iLe blort~~ee forthwith upoa ib deu~and and be ia addition to t6e resular moathly in~tallmeuta providal by the
~nort~se note.
3. Tbat t6e abstract or abstract~ of title eoverio6 t6e mortsa~.rl property sluil at ~II tima~ dario6 the life o( •
tbiu ~nortas rmnain in porewoa o~ tlre Mortp~ee aod in event of the foreclosure of thie monaaae or other trander
n r s~e.
of title to the moctaa~ed propertY ia e=tin6ui+hineat ot' t6e indebtedneas ~ecured hereby, ail ri~6t, title and intcrest
of the ~ort~or in and to asr wcl~ abtrac4 of dtk ~ha11 pas3 to the pnrchaar or 6raetec.
4. To 16~e arteat of t~e indsbtedde~s o[ t6e Mortassor to tLe Mort6a6ee de~crihed 6enin ur ~ecured htreby, .
tM 1liaetaa~C+e is hte~ebr ted to t6e liea or lied aod to thc ri;6b d tl~e oaren and holden thereoE of each
a~d e~ner~r moct~e~ tiea~ i~eumbraaoe on t6e laad descrabed herein Mhich is paid aadjor satis5ed, in rv6ole
or in part, o~t oi the prooeed~ of the loao de~cribed 6ereia or aecue+ed hereby. and the respective liees of ~aid mort. ;
aa~a, ~r oe otl~er iucumbranoe~, ~hall be a~d ti~e ~ame aad each of thena 6ecrby u preserved aad s6a11 par to and ~
be held b~r t6e Mortaa~ee henia a~ ~ewrit~ for tl~e indeb~edneM to the 111octaa~pec herein described or henbr ~ecured, ,
to t6e same ezteot t6at it Monla ha~?e bees pe~e~erved and ~rould have heen to aad been held by the Mortaa6ee
h~d it bean dnly aad ~ a~ed. traa[errad. ~et orer, and deli~ auto the Mortsa6ee by sepa~ate deed of
,~a~i~waent, notwid~~lt~u~tbe fact tbat tLe saine ma~ be aata6ied and caneelkd of cecord, it heina the intentioa ot the~
part~ hereto that t6e sare ~rill be aatia6ed atd ca~oelled o[ record b~ tl~e lw)dcrs thercof at or abont the ti~ne of
the rrcordio~ of thi~ isortaase.
S. In tbe eva~t the ownerahip oi the mort;a~ed pnmises. or m}- part thereof. becomea veated in a penoa other
thAn tl~e Mort6a6or, the aiortaa~ee ~may, Mritbont notiee to t6e Mort~a6or, deal with weh suecdwr or wcce.~wn in
intereet Mzth refee+euee to thi~ deed and t6e debt benb~ ~ecured. in the same manner as with the Mort~a~or wiihout
in anv way ritiatia6 or disc6argns the Mortaa6ot's IiabiliRy 6erennder or upon the debt hereb~ ~ecured. No ~ale of
tl~e premi~ heeeb~ntortp Sed atNl ao forbearance on tLe part af the '.11oriRa~, and no extendon ef the time for ttie ~
paynu~t of tbe de hereb~ .en.~ed ~.e~ br ~he Moe~ee.h~ll o~ne~ ~o nl~~.~. di~cliar~e~ inodify. chan~e or aQect i
thc ori~inal liabilitY of t6e Mortaa~Cor henin cither i~ wr6oie or ia psrt. ~
The liea oI thu deed aecnre~ a~l sha11 ooati~ne to ~ecut+e pa~ mwt oi said iadebtedneas or indebtedoea. t
~ I~owe~er erideaoed. ~+hed~er by said promiMOrp note or s~? rea~wal or e:te,ruion thenof or sub~titnte tl~ercfor. or
~ othen+i~e, antil all mch indebtedeeas ~hall ha~e been fnlh paid.
T. /n th~ tvtnt eli~ mortgngors stll, convry or ~rnns/tr lht ~norrgngtd prtmises during tlic !i/r oj ~lris ?-tnr?~n~~~, :
t/~tn th~s mortgag~ shull, at ~Ice option of the ]Ifortgagee h~rein. b~com~ rmmcd~a~ely dut and payable for tl~t frrll sum o~
E the princi~~ Gnlance and interest thtn due.
t
~ T~+e terms "Mortaaaor" asd "Mortsa~ee' al~enever u~ed ia t~ia iostramcat aLali inciude the hein~ penonal `
e~epre~entative~. weee~wra and a~si~ ~f d~e respective parties bereta Whenrer ueed the Eia~ular nnml~er shall inelude
t6e plnral and the plunl the ~ia~nl~r, and the use of any ~ender shall ineiude all Readen.
Si kd and de ' ' c pce.aeace ot: ~ (Stn~) ~
' ~~ls-t~- 7" _ . (Se~c,} '
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STATB OF FLORIDA ~ '
COUNTY OF~ r
ST . ZUCIE ~~g g, pA~ ~d ~gg~g pAUI,E'7C, hi s Wife :
Betore aie peesooallr aPP~*'~ . `
t~ ~we ~rell kso~ra and kaa~r~ to a~e to be tbe fadivida~k ~SSerib~ ia aed ~rho azeented the foresoia6 iwtrnw~eat, aed
ackaowled~ed beEoe~e e~e that tber executed tl~e same [or the pnrpo~es t6erei~ expr~eMed. ~ITNES~ mr haml aad
eieial ~ea~ ia tbe Co~tp aad State la~t aioreaaid tiw 'j1t D~y Of Jtu1e ~ 19 ~ ~
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Nr ('•ow~w~i~ao~ Expie+e~: June. 30 ~..1.9?~. . Ee Not~ry P~blie. St~ee d Fl 8; a~r e. ~ i
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