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arr~,,.u -~o i;~~~ M O R T G A G E Ar ~crs ~oc P o~ r
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~ ~L~ F ~atr ~~YL~or R i
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rnis ~TC~?ce .=~„t.a 15th d+r ot AP~~1 wa i970
Jack W. Favorite and Carolyn Sue Favorite, his wife
h.~.~Mf+.. ~.~ka ~ti ~+w~•. First National Bank at Winter Park q~
hN~in~hN ulbd fh~ nWrrpaQ~~: ~
(Wh~?~v~r vs~d Mhin tir tKn?s °matt9+po?` +^d "mo~ysy~" ~nclud~ all tM parti~s b this tnstrum~nt and th~ h~In. Ip+) ropr~s~ntt ,
tives and ~ssi9na of individwls, and tFw wcc+uas ~nd as~i~+s of corporotiau; and the tKm "nW~" incl~de~ ~11 th~ noas Mrsin
d~wibtd if mon tMn on~.)
WITNESSETH, that fw ~ood ~nd valuabl~ co~~ider~t~on~. w~d slao in consideration of th~ pp~» wm nan»d in th~ pomis~ory nob of
ewn d~» Fw~wvitl~, Iwr~inaftK d~xrib~d, tlr mat~+pw lw~b'f~ 9r+ot~. b+~ns, s~lb„ alfa~„ nmiss~. co~r+Ys and confinns unto tM n+orry+pN dl
r~ c«taM ~d of whtd+ th~ ts rww a~d tn ~~or~ ~twt~ tn $t'.. Luc ie Ca+n~y, F~orW+, vtu
rron the SW corner
o~~the NE~of Section 9, TWP 35 S., Range 39 E, run easterly
along the Quarter section line a distance of 675.32 ft; thence run north 320.1
ft to a po3nt of beginning; thence continue N 100 ft; thence run E 159•~
~hence run S 100 ft; thence run W~.5$.9b f't to the POB, said land being otherwise
d~scribed as Lot 3, Block l, of R. G. ALLEN SUBDIVISION, an unrecorded plat of the
t~; ~ of the E~ of the SW~ of the NE~ of Section 9, Township 35 S, Range 39 East.
TO HAVE AND TO HOID tM wne, top~tl+er wiM th~ Nr~nn. Mn~tameob aed ~ppurt~r?ces tMr~to bsloeqi~p, ~nd th~ n~hr luws ~nd
profiM tharwf. ~nto th~ mort~ps~. In fM ~impb. .
~c • AND th~ morfypor ca~vMann with fM morfyapw th~t tl+e morlpagor is indefe~tibly Niztd of s~id I~nd in fa~ simpM: 1Mf fh~ mo~lp~por has
good riyM and lawfvl wthority ro cmvey s~id i~+d as afor~~td: th~t tM n+aty~0or wiN nrb wch fvrtl+a awrsno~s to pKi~d tM fN simpb titlt
to taW lsnd in tM mortg~pe~ as m~y nison~bly be requihd~ fhat th~ morppa hN~by ivlly w~rr~nn tiN titl~ to wid l~nd and wiq d~i~nd tM
~ same ~gainst ths lawful daims of all p~nons whomfwr~r: ~nd thN wid I~nd is fnt and dw of al) ~ncvmbr~nws.
PROVIDED ALWAYS, tMt if wid ~nonys~w ~II p~y ~nto Nid maty~pa~ th~ art~tn promissaY noN Mtwwn tM partiN I~to. d~tr!
152Yh ' os Ap~i~- -~--F ` , iq 70 ,r~. ~r+.i ~ s tb0(i4-.40 , wr•~• ~ I2ZY wr~»~++~
pf s 133 :62= = 31st d•r ~ ; May - . ~9 ~p : •~a ~,.n p..~o.n~, oomphr ,Mnh .na .ew.
6y each ~nd ~very th~ apre~ments. stiPulatia~s, conditio~s and oovanann tlw?~of. `~nd of tNs ~ tyag~. Nwn this map+y~ and tM atat~ iw~by
creat~d, stc+tl tesae, deterrtrn~ and b~ nul) and void.
AND th~ mortyapor MrebY f~rtMr aoren~nb and ayrNS to p~y promptiy wMn du~ th~ principa) and inf~nst and otiw wms of moMY P~
v~ded for in said nw~ ~nd this mat~y~, or ~itMrt to p+y dl ~nd siegular th~ tu~s, ast~ttn~r?ri. lwiea. Itabiliti~s, obliy+Ho^~. ~nd ~ncwnbantK of
evlry MfiN! on wid proper~y: fo perr~t, oommit or wffa oo was», impairnw~t o? dehrior~tian of s~M land a Nw imprown»nts M~nan ~t arry
t~rnr w ksep the buildings rw~w or he?a~ftK on ~aid bnd fuily tnurrd in a wm wfRcient to p~ot~ct this mortyape tn • cornp~ny or oompsnws
ecc~ptabk to the mort9aps~, tM pdicy or policies fo b~ htld by. ~nd paysbie t0. s+k! mortp+ys~, and in th~ ~vM?t ~ny wm of enoney ba
~ cornea pay~bls by virtue of ~uch insuwna the matp+y~~ sMll haw ths ri~ht to reaiv~ and ~pply th~ sanr to th~ indtbt~ea her~b'?I
~ecvrod, aaow+tinp to ths matg~gw far +eY svrPkn: to pry all o~sts. . deryas, and ~xP~s. Inck~dinp i~wy~~'s fws ud Mb t~artFwa.
res-.onably inwrnd or paid by the morty~pe~ b~caut~ of 'tM f~ihx~ of tM narqpor to prorwplly and fuNy oowiply wi~ tM ~yr.a
~ rteer+ts. stlpulitions, eaxfitiaa ~nd oov~nanb of s~id noh and this maro+p~ or ~tM~t ~ P~~ ~Y with and abid~ by ~aeh
~ ,nd ewry the ~qnernMts, stipulations, oonditions ~nd cova++ants s~t faM in s~id iw~c and this ~ a NM~?. In th~ event th~ morty~por ~
' xf~s to pay whe~ due sey t~x, uaesumnt, inwranc~ premium w otMr wm af ma»y payaW~ by virtw of s~W nw~ and this morpap~, or eitMr, the +
i :.~9+9~ m+Y P+Y the sa~n~, witha,t waivirg w ~ffectiny fh~ opNa+ to for~cloa~ a~r otMr ri~M hK«n~d~r, and all wch psym~nb ahdl btar
i interest from dste tMreof at Me higMst lawfvt rah tlxn ~Ilowad by tM laws of tl» State of Florid~.
~ . 1NORTGAGOR sh+ll rw~1 rrwke amr vol~nt~ry transfK of fh~ premi~as w any part tF~er~of without th~ writt~n oonsent af th~ mort9+~te- MY
~ s~th n~nsfer, if the m«tgags~ sh~ll not w oons~nt, shall oonstitvh • defwh undK Nw temn d this irotr~n+u~t and tl+s mort~+y~ shall haw th~
~ ' ricr''~+ to declaro the uep~id balance, incardirg tat~rest, leu any hbah nquired by Isw, dw and psyabb d ita option.
~ IF ~ny wm haein r~farred to b~ no1 Promptly WW within 30 days neut afta tlr ~+rt~s b~ooems din, ot if e~ch and evwp tM apre~rmnts, stipu~
~ larions, wnditions ~nd cwenann of s~iet not~ and this mortg+ge, or ~itFw, an not fu1~Y PKformed, complid vrith and ~bed~d by, tlw~ th~ ~ntin sum
mt+:ria+ed tn said note, and this mort9ap~, or the ~ntin balance w+p~id 1fiKeon. less aery nbate rpuind by law, shsll ferthwith a there~fter, at th~
~ option of the mort~+gee, becane and be dw srd WY~. +~Y?hirg in s~ld rwfe or i+erein to th~ oontraty nofwithsfu~g. faiiut~ by th~ mor~p~gee
~ . to_ cxercise any of th~ riyhb or options hsnin praiid~d shdl no1 oonstitun ~ wsiva of ~ry ripFas or optians undw sdd no1~ a tlss morty~ aarwd
~ w, thaeafter acvuing.
. ~
~ _ 3 fN WITNE55 WFiEREOf, th~ eatd mortyspw hn.~~ ~{y¢.~4~d., GY ` P?ssa~b th~ d~y and year first abow wrifte~.
~ " Sia~ed, seakd a~d del'nersd in th~ pr~seea~ d: ~C r~0
ST. LUCtE COUNTY. FLA. ~
v 1~~~~ERi~i 7~ , w . ~
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~ 'TO IWAY 6 AM 9~ ~ c~,?u
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~ STATE OF FLORIDA RQGEs, PQITRAS
~ couNn of Orange CIERK CIRCUIT COURT;
~ -
~ 1 HEREbY CERTIFY that an this day, befon me, an offinr duly wthaised in th~ State ~nd Coumy afores~id to t~b acknowledyen+ents, p~r-
~ •«~.~h .~..~~a Jack W. Favorite and Carolyn Sue Favorite, his wife
~ to rn~ know~ ~p ~i :~M perso~s) dacribed in and who executed th~ for~goinp insfrvmenf and aduwwbclyed befon me ~ they ez~out~d
~ tha aam~. ~
~ : _
.
~ `~NII111N!/~~~~;,''ji` '
~ ~~~~~r~1~j~~offiS~al s~~! in tM Carnty and Stats last ~fo?es~id thi: 1~1 day d Aj~~ A.D. 19 7~
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v~ ' f•"~~' ~ NOtANY YUEIIC STATE OF FLORIDA Ai LARGE. Q ~
~ '`•~~~~~?•'i' •'r'j~ O R My Conw»issi~rEf~I~ION EXPIRES MARCN f, 1973 7-~
~ • ~`~¢~{~i~ ~~18~ ~.p~r~~~~ OONOED bY N.3.fIDEil1Y 6 GW1!lANiY CO.
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