HomeMy WebLinkAbout0963 • . ' ~
Our tile 5-19,838
~~i~ ~ataa~e ar o~As~ u~~ale~ o( ti~k to ths watiKe~ /roM~tY u~atu~~~s~ws~~ 01 tM~ ~~dertedsess stcrrd Ue~tsy. ~11 ~i{At. uqe j
a~d ~s~asat o( d~e Mor~~a i~ aa/ to a~y iwawa~cs plici~s Uq i~ (ote~ d~ll Mss to qN pwcMuet a{ta~~t~. '
' lA) To K~(aw, cowPly ~itM a.a ablde sy ~•c~ asd .•.rr sup•I.uo.s. ape~~nu. co~ditia~s sN covu~sat• i~ ss~d pae~ssoryr
w~~ aad is tA~~ deed r~~ fartA.
(i 1 TA~t it ~nr ot sai~ s~s ot ~er Aete~a ~efeneA to br aot ~o~lly tad f~lly a~d ~r~tAia (ifteea d~ys aeat af~er
We sa~e ssvuallr becos~~ dre ud p~Y~el~.ar if s~cA ud evs~y tM~ stipnlaliau. ~~rte~eata. conditiau sad eovea~aa o! s~id pro~~s.
say ~ote asd tAis de~A. a~ eitt~er. u~ aot tullr v~~~d. coyliNl ~ri~ ~ad ~bided br. tbe sa~d ~kreqte s~ ~eatioaed ~n said
prowissay aote sb~ll Asea~s dre aud p~Yaele to~M~itL « ae~eata~ ae oniia. ot u~. w«~s.s•. as tu~~r .A+ cowP~e~e~y as ~t ~e
said a{~reqt~ s~ of siid oro~issaqr ~ott ~~s arijin~lly atipd~t~A to M aid a~ suc? d~Y. ~Yd~~i ~ s~~ P~aissory aae or laroia
~o tAe coat~uy wt~rithsq~diat• -
(j 1 That i~ order to acctlK~te Ws w~uui~y of tM ~~aee~sa~s.. w~esy .se~rea. b~causs of We taiUue oI tAe M«W~a~ to Pay ~ay ~aa.
•ssesa~eat. lissilit7, Oblleal1O11 Of CAC11~bfi1lCt Yp011 s~id ~ooertr~ u Ss~eia p~ovidsd. it sAall not be aecessuy a ~eouisiie M~t d?e
tlOflat~i0 l~1a~~ ~Iflt ~r lN iS~t. .
2, The Mott~a~ee may. at his optioa. and without waivin~ his risht -to scceletate the indabtedaess hereby
secured and to faoclose the sane. pay eitber befote ot sttet delinquency any or aU o[ tl~ose ceruin obli~atioas '
required by the terms hereof to ba paid by the Mort~a~ot tor the pcotectioa of the mort~aje secutity or for the coi-
lection of the indebtedaass hereby secured. All swns so advanced ot paid~by the Mat~ajee shall be char~ed iato
the matja~e :ccouat aad become aa i~te~ral part thereot, subject ia all respects to t6e terms, conditioas. and
covenants o~ ihe afaesaid pranissory aote, and this mat~a~e. at fally a~d w the same. exteat as thou~6 a put
of the ori~inai iadebtedaess evideoced by said note and secared by this nartaa~e, exceptia~ however, that said
swns shall be tepaid ihe Mon=a=ee forthwith upou its demaad aad be in addit~oa to the reaular monthly install-
ments provided by the moitjaje aote. - .
3. That the_ abstcact or absttacts oi title eoverin~ t6e mottsaied pcopetty shall at all times, durin~ the li[e
of this mort~aae, remaie ia possession of the. Mat~aiee u?d ia event of the foteclosare of this mottsa~e or other -
trans[er o[ title to the mort~ased propeny in extin~nis6ment of the indebtedness :ecured 6enby. all ci~ht, title
and interest ot the Mortsasor ia and to any such abstracfs of title shall psss to the pucehaser or ~raatoe. ~
4. To the extent ot the iadebtedness of the Mott~a~or to the Mort~a~ee described herein or secured hereby,
the Mortsa~ee is hereby subroaated to tha lien ot liees ud to the ri~hts of the oamers and holders thereof of each
u~d every mortsaae. lien or other iacambraace on the~ land'described herein ~rhich is paid aud/or satiaCed, in
whole or in part. out of the proceeds oi the loan described hereia or sec~tted hereby, and the nspective liens of
said mortaa`es. liens or other inc~unbrances, shali be and the same aad each of them heraby is pnserved aad shall
pass to and be held by the Mort=a~ee herein as seeurity for the indebtedness to tbe Nbtt=a~ee 6erein described
or hereby secured, to the ssme e:tent that it would hsve been preserved and would have been passed to and been
held by the Mortga6ee had it been duly and re~nlarly assip~ed, traasferred, set ovet, and delivered unto the Mort-
gagee by separate deed of assiscwent, notwithstaadin` the fact tbat the same d?ay be satisfied and cancelled of
record, it beias the intention of the parties herew that the same ~rill be satisCied and cancelled of record by the
~ holdcrs thereof at or about the time of the recordia~ of tbis dattsaje. -
S. ln the event the owners6ip of tl~e nartaased premises, a aay put thereof, becomes vested in s persoa
! other than the Mortgagor, the Mortsagee may, without aotice to the Mottgagor, deal with such successor or suc-
cessors in iaterest with reference to this deed and the debt hereby secnred, in the same manner as with the Mort-
gasor without in any way vitiatins or dischac`ias t6e Mortaa~or's liability hereuader or upoa the debt hereby
' secured. No sale of the premises hereby mortaaaed aad no iabearsnce oa the put of tha Mort~a~ee, and no ex-
tension oi the time for che payment of the debt hereby secured ~iven by t6e Mort~a~ee s6a11 operate to release,
discharae, modify, chanse a affect the ori~inal liability of lhe Mortsa~or hereia either in whole ot ia pact.
6. The lien of this deed secwes aad shall contirwe to secure paymeat of said indebtedness or indebted-
ness, however evidenced, whethec by said promissory note or any naewal oc extension theteof or snbstitute there-
for, or otherwise, until all such iadebtedness shall have been fully paid.
i 7.. /n the event the ~ortgagors sell, convey o~ t~onsrer tbe mortgaged preraisrs dwing the lije oj thes neort-
gage, then this neortgage shall~ at the option oJ the Mortgagee herein, beconie inunediate[y due and payable jor the
Jull suni oJ the principol 6alance and inte~est then due. .
8. The tecros "Mortsaaor" and "Mortaagee" whenever used in this iastrument shsll include the heirs,
personal representatives, succeasors and assigns of the respective parties hereto. Wherever naed the sinsular
number shall include the plural aad t6e plural the singular, sud the use of any geader shsll include all 6enders.
CZ~~~ ~
S~gned sealed d v ed the esence of: (Seal)
- (Seal)
~ STATE OF F1.ORIDA
COUNT~F ~ ss .
.
eefore me personally appauad .ABI+SOl~ B~. ~ R{OIaLB~ e~II u~a1`=`18xd a8a s1IIg th~
to me well known and t~~~~alY~eC~f~ i~~nd`~11'Ifi6~eC~~ tl~~in~ inswment,
and acknowledEed befa6~e~Q~/iQQ~p~~~ame [ot the pu~poses thereia expressed. NiTNESS my hand
and official seal in the ComR~~ii4~ia~0Q~E~esaid this 13th D~y OZ ~Ttine 19'r0
~ ;
'70 JUN 22 AMI 9: 26
~c~+c. . ~''~r ~
~ly Canmission Expires: Nouty Pnblic, State of, i
CI.ERK CIRCUtT COtiRT) ~ - ~ -
j `
* "
I
. /j . s-- '
~i~ , ; j
' , j
6(i0K A~ ~ '
- ~ ~ ~ ~ : - - -
~ Y ~ ~ ~ N~~~ `
- ~ -
_ _ s