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Home My WebLink About0589 . ' ~ . ' . ~ . Our f 1le 5-20, 049 ~ tA~s wat~{e a W~N u~ut~~ titl~ te 1M ~ya{N ~to~t~ty u eat~~~~~~t d tM ~Ms?t~dsess secwed Aerehy, all e~~h~, ~~~is ~M iattrt~l of tM Mat~yor u~ ~M ~o ~~r ~~sw~ace plioi~~ tM~~ i~ forc~ ~Aafl Msa to tM pwcAase~ a ~raetee. (A) To'sr(«~. co~ly vit4 ae0 ~b~ds bY ~ac~ ~~d ~r~ty tA~ st~wl~t~ous. ~pesw~et~, co~/U~on~ aad covcn~ntr ~n ra~d pr,wn~..~N~ aots ~ i~ W~~ dsd ~~t foru, j (il Td~t if ~ny of aaia swu ot wo~ey At~e~a r~ferted to M aot Otowo~iy ..d tuur va~d +~uh~n hhsee d.,y~ nc•~ rnr~ € W sw. s.w~dly ?.cow.a dYe .ed P.rasls.a it e.cA a~d •vsry U~. ui~l~uona. ~p~swenu. cad~Uon~ ~nd covenant~ af .a~~ pran~~. i •ay nste ~ad tAis deN. o~ eitAsr. u~ na t~ur v~«..a. eowpl~~d ~ritA ~nd ~b~ded by, tAe ss~d s{{re~~~e auaa men~~ot~eJ ~n ..~d pau.say aoa da11 bacowe dw ~nd aY~ble fathrltA or Wen~(ter the opliou of tAe 4or~~a{ee as tully and caepleiely •x ~he s~id ~{{ni~t~ ~w~ ot ~~id ~awisaay ~ott ~~s on~~nally ~Up~l~ted to b~ wiA on sueA d~y. ~nYtAin~ in s~~d ptom~sswy no~o w hereu? to ~I~e coauuy uot~itlut~adie{. ) TU~t ia oMt~ to aee~let~te the wNwity of tAe indebtedneaa htteby secured. bec~we nt iAe f~11u~e o~ tAe Mon~s~.N ~u p~~ +nY i+*. ~sye~s~e~~, li~lilitr. osi~~tiaa or encu~~u?ee upon s~id proPerty. ~s he~eio p~ov~ded. il sAall no~ M neces~ary w reQu~aue ~hat thr ~at~~~ee sMll tirst p~y the sase. 2. The Mort~a~ee may. at his option. and without waivin~ his ~i~ht to accelerate the indebtedness hereby secured and to foreclose the same. pay either before ot atte~ delinquency- any or all of those cecuin oblisations raqui~ed by ~he eerms hereof ~o be p.id by ehe Morc~a~ot for the ptotectioa ot the nart~a~e aecurity or fot the col- lectinn of the indebtedness heteby secured. All sums so sdvanced ot paid by the Mort~a~ee shall be char~ed into the mort~a~e accouot and become an inlesral put thereo[, subject in all respects to the terms. conditions, and ~ covenants of the dorosaid promissory note, and tbis mort~a~e. as fully and w~ the same extent as thou`h a part of the ori~in~l indebtedness evidenced by said note and secuted by this mort=a~e, exceptin~ however. that saiJ sums shall be repaid the Mortja~ee (orthwith upon its demand and be in addition to the re~ulu monti~ly install- ments provided by the mort~a~a note. 3. That the abstract or abstracts o[ title coverin~ we mor~ia~ed pmpeccy shall at all times. dutin` the life of this mort~a~e. remain in posse~sion of the Mort~afee ar~d in event of the taeclosure of this mortsa~e or ather transfet ot title to the mort~a~ad ptoperty in extin4ui:hment of the iridebtednoss secured hereby. all ri~ht, title and intetest of the Mortsa~a in aad to any such absUacts of title shall pass to the purchaser or arantee. ~ 4. To the extent of the i~ebtedness ot the Mort=a~or to tlie Mort~u~ee described herein or secured hereby., the Mott~a~ee is hereby subtosated to the lien or liens and to the ri~hts of the owners and holders thereof at each and every mort~a~e, lien or o~er iacwnbrance on the land desetibed hecein which is paid and/or satisfied, in whole a in part. out of the pcoceeds of the loan described herein or secWred hereby. and the napcctive liens oi ~ said mort~ases, liens oc other incumbrances, shall be and the same and each of them hereby is preserved and shall { pass to and. be held by the Mortga~ee herein as security for the indebtedaess.to the Mortgagee herein described ~ or hereby secured. to the aame exteat that it would have been preservcd and Mould have beee passed to and been held by tAe Martsasee had it been duly and re~ululy acsianed. trahs[ened, set over. ar~d detivered uato the Mort- sa:ee by sepatate deed of assi~nmeat. notwithstandina the. fact that the same may be satisfied and cancelled of . record. it bein= the intention of the parties hereto that tl~e same will be satisfied and cancelled of record by the holders thereof at or about the time of the recotdinj of thi~ mort~a~e. S. ln the event the owners6ip of tlie rtwrt~a`ed premisec. or any patt thereof. becomes vested in a person other than the Mottjagor. the Mortgatet may. without notice to the Mott=asor, deal with such successor or suc- cesgocs in intetest with reference to this deed and the debt hereby secured. in the same manner as with the Mort- =a~or without in any way vitistins or dischar~in~ the Mort~asoc's liability hereunder or upon the debt hereby secured. No sale o[ the pcemises hereby mort~ased and no fabeuance on the put of the Mortgasee. and no ex- ~ tension of the time for the payment of the debt hereby secured ~iven by 1he Mort~a~ee shall operate to release, ! dischu=e. modify. chan~e or af'fect the ori`inal liability of the MortEa~or herein either in whole or in part. 6. The lien of this deed secures and shall continue o se ure a nt o[ said indebtedness or indebted- ness, however evidenced, wfiether by said pramissoty note ~~n~.w~~e~ ~liufiiA~~~~ for, or othetwise, until all such indebtednesa shall have beeM[~ $~4.93 : T. In the event the enortgago?s s~ll, convey or transf~(, t~~t ~o~t$.~!~~~ ,d ennse rng_l~ie j.!r oTthis -o - ~ ga~e, then this rnortgagt shalt, nt the option of the Afortgagelc~I~Yl711! blttilk~~l~i1~~Fyre~! ~~1~~ ~ ! Jull sun~ oj the p?incipol bolance and inlerest then due. . a~e by t:+e iY}Ot~~'~Ee ii~l~ ~ E 8. The terms "Mott~aaor" and "Motttagee". whene e i ~ ~j eot shall inc~ude .the heirs, ; j personal tepresentatives. successws and assi~ns o[ the re~p~ti~ ~i~~~~i~~'. Wherever used the sinaular ; ~ number shall iRClude the plural and the plural the sin6ular. and the use of any Sendet shall include all ~enders. ~ ~ ~ ~ ~ ~ Si~ d. seate and de ' er d ie the presence of: (Sea11 ~ ; ~'C'1'~2~.,'~(~ ,P (Seal) ~ i STATE OF FLORiDA COUNTY ~F ~ ss - sT. zvc~ ~ Be~ore me personallr appeued ISBABL PATT~B.40~ eu~a ffi'!!4A i~lIL80N PATTB~RSON ~~~11's s to me .rell kno~m sad knowo to me to be the individuals described in and wfio executed the fore`oin~ insuument, ; aod ackaowled~od befae~ ~ame [or the purposes therein expressed. NiTNESS my hand i and official seal in the C t! this 25th da~y OZ ~Ttlly~ 1970. s '~O V ~ 'O • ~O . ~ ' ~+.q~ . . ~tr C«nm~ssioa Expires: J13Se ~SO, 1.9'n Nota~y Public, State of ~ r ~ a'•• ~2QGC~ ?'OITRAS . - CIERK CIRCUtT COURT ; _ : . ~y` . ' . - . . _ • ~ . . ~i86 ~ 588 . _V _ - ~~er, , r _.~:~s .v,~, .