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tMis west~{e ~t otlN~ tnwle~ ef 1itN w t~t ~aya~w /rMe~ly i~ tat~{~~aMewl ~t t1N ~MN~sO~ess ~ecwe~ Aeres), ~It ~~~A~, ~~~le
~a/ i~~a~st ef tlN 1Mrya~or w~ ~N te s~y ~~s~r~~ce plici~s ~Ue~ i~ fKC~ slNll Ms~ Ii ~M wrdaser sr ~aw~se.
(U Te /er(or~. ce.rly .~r .w~ as~ee N••d ~M sw~y ~~u/d~licas, at~sewe*ts. co~iUons ~M co~qa~~• ~s xa~d p.wa~..,vf
¦a. d~~. ae~a t«a. ~ ~
G~ T*~1 1~ My O~ NN ~Il~t OI ~tY I1tft10 tt~CRtd l0 Ot AOl PtO~IIr ~~O WIIy p11+ ~uh~a (~tleen day. ne?~
d~~ saw~ serer~lly Mca.ss a+e .~a P.r•stc.~. it eac? a~e s.e~y ae s~ir?~u~oss. ~areese~ts. caw~t~oas and covenan~~ of .awf p~aw~.~.
sar wete aad N?ia deed. o~ titAet. ~rt not hlly ~ertar~ed. coylied ~rid ~ad ab~dsd sy. lAe s~~d ~kre~a~e s~ wesuoned ~n .a~d .
prowissory ~ott s~all ~scase dre aed.oay~ele fa~d~~ritA a 1lcn~fter al the opt~ow o( tAs ~lort~asee as t~11Y and coaOletelY ax ~t ihe
aaid a~{ts{~te au~ o( said ota~isaay aote ~as a~~iuallr stipd~tsd to !e oa~d on sYC~ d~r. ~~yWui~ a~ s~id p~roe~~sso~~ nett or he~e~e
to tYe eoau~rr ~ohritA~ta~disj• .
lj1 TAat ~A OtAff l0 iCCilp~tt lAt Yuulty ot tbe indcbtedness Asreby secured. becawe of tAe tul~re ot ~As Alor~sa~a io Ps~ asy ~a~.
assesswe~t. liaeility. abliptiaa o~ entusE~aace ~poa said ptoptttr. aa hereia prov~ded. il sA~ll not be nectaaary a ~eau~s~lt lhat thr
*ott~qee sAaU ti~s~ aY t~e sa~e.
2. The Mort~ajee may, at 6is option. and without waivin~ his ri~ht to accele~ate the indebtedness heteby
secured and to faeclose the same. pay either before oc atter delinquency any or all ot those certain oblisations . ~
required by the terms hereof to be paid by /he Mott~a~ot for the ptotection of ths murtsa~e secucity o~ for tbe col- i
lection of the indebtedness hereby secured. All sums so advanced or paid by the Mort~asee s6a11 be char~ed into #
the mortta~e account and become an inte~ral put thereo[, subject in all respects to the term~. conditions, and
covensnts oF the afocesaid promisaory note, and thia mort=a~e. as fully and to the ssme extont as thou~h a part i
ot the ori~i~al iadebtedness ~tideac~d by said note and secured by this mort~a~e. excepiina however, that said ~
sums shali be tepaid Ihe Mat~a~ee forthwith upon its demand and be in addition to the re~ular monthly install-
ments ~vid~d by the matsa~e note.
3. Tt~at the abstract or abstracts of title covarina the mort~ased property shalt al all times, durin~ the life
of t6is mortaaae. remain in poasession oi the Motteasee and in eveat of tYe foreclosure of this mortaaae or other
transfer of title to the mon~ased p~operty in extin`uishment of the indebtadness secured hereby. all riaht, title
and interest of the Matsa~a ia and to aay such absuacts of title shall piss to the porchaser or gra~tee.
4. To the exte~t oi the indebtedness of the Mortsator to the Mortaa~ee described herein o~ secnred bereby,
the Mortaasee is hereby sub~osated to the lien or liens and to the rishta ot the owners and holders thereof ot each
and every mortgaae, lien ot other iacumbcance on the land described herein ~vhich is paid and/or satisCed, in
whole a in pan, out of the pcoceeds of the loan de,acribed herein ~r secuted dereby, and the respective lions of
said mat~aaes. liens a other iacumbraeces. shall be ar~d the same and eac6 ot them hereby is preserved and_shall
pass to and be held by the Mortga~ee herein as aecurity for the indebtedt~ess to the Mortgagee herein described
ot hereby secured, to the same eatent that it would have be~n ptesetved and would have beea passed to and lieen
held by the blattEagee had it been duly and [e~ululy assianad, ttansCened, set over, and delivered unto the Mort-
6agee by separate deed of assisnment. notwithstsndina the fact that the same may be satisfied and cancetled of ~
recocd. it bein6 the intention of the parties hereto that the same will be satisi"ied and eancelled ot recotd by the ~
holders thereo[ at or aboat the time of the reco?din` o[ this moctgase. . r
S. ln the event the ownets6ip of the mortaased pre~nises. or any part thereof, becomes vested in a person €
other than the Mortgagor. the Mortsasee may, without aotice to ihe Mort~asor, deal with such succes~r_or suc- f
cessors in i`nterest with reference to this deed and the debt hereby secured. in the sarae manner as with the ~lort- . ;
saaor without in any way vitiatins or dischuting the Mortaago['s liability hereunder or upoa the debt hereby
secured. No sale of the premises hereby monaaged and no fabearance on t6e part of -the Mortgagee, ar~d no ex-
- tension ot the time for the paymeat oi the debt hereby secured siven by ttte Mortgasee shall operate to release.
dischar~e, modify, chanae or atiect the original liability of the Mortgaeor herein either in whole or in part.
6. The licn of this deed secures and shall contiaue to secure payment o[ said indebtedness or indebted-
ness. however evidenced. whether by said promissory note or any renewal or extension theteot or substitute there-
for. or otherwisc. until all such indebtedness shall have been fully paid.
!n the event the ?nortgagors sell, convey or transjer the ~nortgaged pre~nises during the lije oJ this mo~t-
~ ga~e, then this morlgage shall, at the option oj the Mo~egagee herein, become immediately due and paya6le Jor the
t jull swn oj ~he principal 6alance ond inferest then due. ~
~ 8. The tenns "Mortga6or" and "Mortgagee" whe~ever used .in this instrument shall include the heirs,
! pasonal representatives, successors and assigns of the respective parties hereto. Wherever used the singular s
{ number shall include the plural and the plural the singular, and the use of aay gender shall include all gehders. s
i
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Sig d, sealed th seace of: s (Seal)
~ (Seal)
.
STATE OF FLORIDA ~
COUNTY OF ~ ss ~
BeioreBmTe'peI'sIIonC'a Y aPpeared ~TA~S H. SJI~''P a~d IrZDL G. SAP'P~ h1e xif~ j
to me~well known and tnowa to me W be tl~s iadividuals described in and who executed the fore6oin6 instrument,
u and acknowledEed befae me thaC the execu e the same for the putposes therein exptesaed. WITNESS my hand
~ and official seal in thS~i. LIJ~~~~~said this llth dey~ O~ ~T ~ 19~~ ~
{~~1t:; ~~~T7lCtC~`} `4\111:ii?HJ1; - 3
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~+ly C«nmiscion Eap~res: Notary Public, State of Fl ~i•~'~'>.
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CLERK C1RCUtT COURT ~ `
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