HomeMy WebLinkAbout2801 our tii~ 5-19,9~+9
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Mu a~~~ w~ trwta d laM N t~e ~~rMK~t ~~uwraieN M Mt ~Me~~sMe~s ~~c.c~ I~e~~?y. all uM~. titts
~ ~M aw~ss~ st ~M YwtpNr i~ ar M~ iiaw~ M~isia d~ M b?p ~11 ~u. a dr w~dwN ~~rau..
(U T+ Mtt~rr~, s~ly ~i• M/ s~e b~~d w~~ ~M aiNNtIMN. M~~~~s. c~iuMS s~ c~wMas i~ ~e~.s~y
wq ay i~ Ma 4N M! f~t~. .
U1 11wt i1 Mr d wi~ w.s .t..we~ ~en~ e.~«~rs~ a r..a K.~lr a.r ~whr Mi/ ~~M~ /eAss~ ~aY¦ we~~ a(~sr
~M ~rs wverally Ne~~ ~w ~M wr~N. ~r U ~ad sM ~sa~r ~At ~tiA1KNM. yrs~sw~a. c~Mitiws swMNU d uN Kaws.
ss~ ~Nt ~M tAis M~/. ~ _~i~. ~n ~et tWh ~af~~. cwli~ ~ir a~t ~?i~N N. ~Ye sa~/ ~Knp~~ sr ~ea~o~e~ ~ ~~N
~i...q •oa .bll Y~o..~ ~.M ~.r.iN tarM.ir .r d~uwtNr ~t tlw ytiM d tY~ Il~t~yN ~s hlly n~ cwN~eqr ~a it d~e -
aaN y~tepb ~ d ssi~ ~n¦is~Y ~~u ~i~lt~? atiwl~tN t~ M/~N w~~ ~1?. ~pd~i~t i~ s~i~ ~swiss~ry sa~ a IKni~
q tY~ eMa~rf ~N~riWqMiM. . •
V) Tf~~ i~ orla a~ewl~r~a eM Mtwiq ~f w WNts~~ wnrf NerrN. we~~ d dw tailw~ N d~e Mats~~a ~o Mr ~~Ur ua.
+ss~aw~t. lidility. dlitatiaw K e~e~Ma N~ Nw l~MK~r. ~ Nni~ ~ori~N. it sAall ~et ?s ~ecsssuy a teqri~ite Wa~ N~e
~tjau~ ~I~all fKat Mr W ~ar. ,
. 2. The Moc4asas may. at Ait optioa. aad Mrithont wsivin~ his ri~ht to accelerate the iadebtedness hereby
secund ~ad a Iaaclose tha same. P.r e~~ berora a.rter de~inqueacr .~y « a~~ or ~o:e ~eru~a obi~a.c~o,~:
tequired by the terms hereot W be paid by the Mort~aia ta the protectioa of tha aaclss~e secaity or for the col-
lectioa of the iodebtedae by securad. Ali swns so advaaced oc paid b~r t6e Mort~aiee shall ba char~ed into
die awct~a~e ucount se ~n iate~ral part thereof. sueject ia all caspects to the terms, coaditioas. aad
coveaaats oE t6e dar ud ~sory aote. aad tbis ~oortaase, as tWly ~ad to tbe saa~e exteat as tlwu~h a put
oi the o~i~iaal iode ss e aced by siid aote and secnced by _this awrtsaie, axceptin~ however, that said
swns sAdl ba tapsid the Mo~t~s~ee focthwit6 npoa its demand aad ba it~ additiaa w the n=ular aaoathly install• .
ments- providod bq tbe mortjaje uote.
3. Thu the abstrsct ar ab:trscts of title covariey tbe mortaaied propertp. s6a11 st ill times. durins the li[e
of this mat~s,~e, nmaia in possessioa of the Mats~ae aad ie e~ent o[ the_faaclosnn ot this mortsase a other ~ -
traniter of title to the moi~ased aoporcy iA eaiio=nish,n~ac of ~he indebcedness secured her~by, a!1 risht, title
aad iaterest of the Mort~asa in aad to aay wcli abstracts of title 'shall pass to tha porchaser or frantee. .
4. To the estent of the iadebtedness of the Mort~ot to the Moct~aaee described herein or secured hereb~r,
the Mortsa~ec is hereby snbro~ated to the liea a iieas ad to the ti~ts oi t6e o~rners aod holders thereof of each
aad aveqr mortta~e. II~O Of OWO[ tDCil~[~CC Oll ~IIC I~ dEiCfl~d AQteitl .MIl1C~1 is paid aad/oc satisCed, ia
ahole ar ia part, ou~ of the p~oceeds, o[ the loaa described herein or secarod hareby. aad the respective lieat of
said na~tsa~es, liens oc otber iacumbranc~s. shaU be aod tha s~me and esch ot them hereby is preserved and shall
pass to and be held by the Mortsyae hgrein as security for tha iodebtedness w the Mort~ajee hereia described
, or hereby securad, to the same eateat that it ~ronld 6ava beea preserv~ aod wonld have beea passed to and beea
heid~ by t~e Mort~asee had it beea dnly and resulaly atsi~, transfe~red. set oner. and ~livered anto the Mon-
~a~ee by sepuste deed of ~assi~maent, aot~vithstandin~ the fact that t6a same may be satisCad and cancelted of
record, it beias the iatentiaa o[ the parties 6areto thu the same rvilt be satisficd and caacelled ot tecord by the
bolders thereof at or sbout N~e dme o[ t6e racflrdin~ of tliis mottaaYe. -
S. Ia the event the owaers6ip of t6e a~tjased p[esu~es. a any patt thereof. becomes vested in a person
other than the Mortsa~a, the Mo~tea~ee may, ~rithout aotice to the Mortjasoc, dcal with sucb successor or sue-
cessors ia intanst ~rit6 refecence to this daed aad th~debt hereby securad, in the same manner as ~vith the Mort-
~a~or rvithont in .py ~ay .ic~~a~ o~ a~.~~arsias t6e Matja~ac's liability bereuader or a~on .the debt hereby
sacwed. No sala ot the pceinisas heraby mortsa~ed ard ao fabearaace on t6e part of the Mort~asee. and no ex-
teasiurj ot the tia~e for the gaymeat of t6e debt henby seaured siv~en by t6e Matsa~ea s6atl operate ta nlease.
dischar~e, modify, c6sn~e oc atfect the_ocisiaal-liabitity of the Matsasor henin either in whole a in part.
6. The lien of this deed :acnres sud shall contimie to secure psyueeat of said iad~btednesa or indebted-
' ness, lwwevet evideaced, wrbetber by said praqissory aote a any renew~al or extensian tbereof or substitnte there-
[or, or otfrer~vise, umtil all such iodebtedness shall hava been fully paid. '
'I.. In the event the n~ortgagas se/l, co+~vey o. tronsfer d~e ~on~ed p?e,~ises d,ni,~ r~re ~ife o~ this ~on-
8age, th~n this a~ortgage shall, at tht option of tht Alortgaget hnti~. beco~e i~ediately due aid payo6le jor the
jull swR o/ the priiecipal balance and enterest then due. .
; 8. The tetms "Motisa`ot" and "Mottsajee" wbenever used ia this instrwnent shall include the hcirs.
~ persoaal teprescatalives, successa* aad assians o~ tl~e respective parties hereto. Wherever nsed the ainsular
. aumbet shail include tha plural sad tLa plural the sinQula[, aad the usa of sny sender shail include all fenders.
Si ed, seat ve in the preseace o~: •~K . (Seal)
' ~ ~ (Seal)
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. ~ C rsdRg ( se.~l. )
STATE OF FLORIDA aiL~drT` . _
COUNTY OF ~ ss - . .
P~ ~.,.80G$QS a~d ~1'~~G ~OaSBB, his ~tii~; and
~ B~~ ~
aons~tr a~uea aGY~! .SiKITH, qa un~arried xoaaa ~ ~
~ to me well tnown aod 14aown to me W be tbe iadividuals describad in aad w6o axacmed tha fore~oin=,iastrament,
; and acknoMled~ed belaa me tbat they ezacnted t6e s~ae [a the parposes thareia e:presaed. WITNESS my hand
~ and official sea! in the Couaty and Stue last aferesaid du~ Zp,d d~ OZ ~Tll~~ 19'r0. .
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~ly Canxaission Expires: ~ a~ 30+ 19~ Notary Public. State of !10 ~
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