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Our tii• 5-20,12?
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a~J ~e~aerl of 1At Ma~~yM ~M te ~~y uu~w~~ee Mt~a~~ tAq N f~rs~ MNII p~~ u ~M wrch~sa K~rM1N. k
1~1 Tu ~e~l~,r~. cuyly ~~1A s~N a?~e ?y ~~cA .w~ e.ay ~~u~.1~uMi. ~s~we~ts. c«NiuN~ ~M t~v~~~~ row~•~ay i
w~~e ~~J ll~u rted st~ fK1M. ~
1 7'U~~ d~wy N s~N Nw ol ~ey As~e~~ ~s(rnsd q N ~ot ~t~111 ~M f~llr M~ ~r~1A~~ hhtt~ ~pr~ ee~t ~I~er
Ms ~~t s~vt~~lly Mcws ~rt ~M My~ll~.ar ~~cM uN ~w~y dit ~~~wlsllw. ~{~~t~s~t~. cadilia~s ~M ee4M1a~1~ ~f a~Nl Ko~~~.
xu~r ~e uN tAu ~eN. K e~tAer. u~ nW t~lly M~t«w~~. ceyliN +iM aM NWN hr. Mt .~W ~K~eNte ~w wt~uontd u~ ~~~I
~ro~~a~ay ~ott ~11 N~o~s are aM ays?It t~N~~r~u a ti~r~~fttt N tiN o~tiew ef tb Alwt~yN trlly u~/ e~hlety if tAe
.~~I y~re~~tt ~rw ~f ~a~i ptawis~ar ~et~ on~~~llr ~liwl~tN !e N NiA a~ srcA ~~r. ~rrMw~{ M~~N ~e~ia~lr ~wt~ a bn~~ ~
to ~Ae eenuay ~onritlytaMiy.
~ 1 Tnr~ ~a aAa te ~ee~IK~u iM ~~w~~y of ~M ~seea~.a..• ~.rar •.c~ree. e~c~w~ ot we t~i~~ue et ~e ~W~a ~o o.r •ny ua.
.ane.s~e~1, Iw?Ility. o?i~~tio~ a eneuwl~aAes ~oaw s~~d Ko~trtr. u As~~is ~ovid~d. il sA~ll ~et N ~scu~~~y a rswiius ~A~t d~e
~a~~~~ee ~h~ll f~a1 My tAe ~~we.
2. The Mort~yee mar. at his option. and without waivin~ bis ri~bt to ucelerate the iedebtadness hereby
secured and tu [oreclose the s~me. pay eithet befote ot ~ttet delinquency any ot all of tlase cett~ia obli~ations
~equired by the term: heteof to be p~id by the Mon~a~ot tor the pwtection o[ the mortisie secutitr or for the col-
lec~i~m of the indebtedness heteby secured. All sums so advanced oc paid by the Mat~a~ea sball bs chu~ed iato
the mcxt~a~e accauet and become u~ inte~ral part thsreaf. subject in ~1 respects to the terms. coaditions. and
~avenants of the afcxesaid promis~ory aole. aed this mon~ase. as fully aad to the s~me a~eteat at thou~h a put
of the ori~inal indebtedaess evidenced by said eote and secured by this aatya~e. exceptin= ho~rerar. th:t said
cums shall be repaid the Mort~a~ea fonhwith upon its demand and be in addition to the re=ular nanthly install-
ments provided by the mott~a~e eote.
3. That the sbstract or absttacts ot title coverins tbe natt~a~ed propetty sh~ll at all times. durin= tha li[e
uf tAis moct~a~e. ~emain in possession of thc Morqaaee and in evaat ot the faeclotuce of this nart~a~e ot other
uansfe~ of title to the mert~a~ed property in eatia~uisAment o[ the iadebtadeess secured hereby, all ri~ht. title
and interest of the Moit~yoi in aad to aey such absauts o[ title shal! pass to the purchaser or ~rantae.
4. To the extent of the indebtedness of the Mort~asa to the Mort~a~ae described herein or secmed hereby.
the Mott~a~ee is hereby subro~ated to tl~e lien or lieas aad to the ti~hts of the ownets aad holders thereof of each
and every mon~a~e, liea or other incumlxance oa the land described heraia which is paid and/ot satisfied. in
whole or in part, wt of the proceeds of the_ loan described herein ot sacuted hereby. aad tlie tespective liens of '
said monsa~es. lien~ or othe~ incumbrances. shall ba and the saa~e and each of them hereby is preserved aad shall
pass to and be held by the Mortsaaee he.rein as security for the indebtedoess to the Mort~a~ee heiain described
an c~reby secured. to the same extent that it would h~ve been preservad and Mould have been passad to ~ad been
held by the Mo~tsasee had it been duly and resulatly assi~eed, transfened. set o~rer. and tkliveted unto ehe Mort-
~a~ee bv sepa~ate deed of asai6nmeat. notwithstandinf the tut that the same majr be satisfied ~d caacelled of -
recard. it bein~ the intentioe~ of the puties hereto that the aame w~ill be sati~Ced and caacelled of record by the
holder~ thereof at ar ~bout the time of the iecordin~ of tbis mottsa~e.
S. In thc event the ownership of t6a mort~a~ed preaases. or any put thereof. becanes vested in a person .
~ ather than the Mortaa~or. the Mort~a~ee may. ~it6out notice to the Mott~a~ot. deal with such successar a suc• . ~
cesswa in intercst with relerence to this deed and the debt hereby secnred. in the ssme msaner as Mrith the Mort-
~ajor without in any way vitiatins or dischar~ins the Mat~asa's liability hareunder or npon the debt hereby
secured. No sale uf the premi:es hereby mort=a~ed and no fabeuance on the put ot the Mort~asee. sad no ex-
" tensi+~n of the time for the paymeat of the debc hereby secured ~iven by tbe Mort~a~ae shall operate to raleasa.
dischu`e. modify, chan~e or affect the ori~inal liability of the Moct~a~or heceia either in whole or ia psrt.
6. The lien of this deed secures snd shall continue to secure payment of ~said indebtedness ot indebted-
ness, however evidenced. whether by said promissory note or any renewal or e:tension thereof or snbstitute there-
for.-or otherwise, until all such indebtedness shall hsve been fully paid.
7. /n the event tlee mor~gaaors sell~ convey or tronsJer tlie uiongaged q~ises dwinj the lift oJ this ~ort-
G RaRe, then this n~on~a~e shall~ a rhe oprion oj ~be Mortga,~~e herein. beco~t i~tdiatefy due and pa te jor the
~ jull sw~ oj the principal6alance m~d interest then d~e.
~ 8. The tetms "Aibrt~a~ot" and "Mort~a~ee" wfienever used in ihis insttument shall iaclude th ~ 6eits,
~ pasonsl representatives, successors aad as:isns of the respective parties 6erew. Nhetever used the sin~~lar
number shall include the plual and the plural the sia~ulu. snd the use of any ~erder ahall inclnda all ~endets.
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Si ed. seal a ei er in tha presenc of. (Seaq
~l~St- , (Seal)
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STATE OF FLORIDA
CQUNTY OF-O~ s: ~ '
3fT: LIICIS J~ JpgN$pN and PATISNCE JOHN80N, his wiYe
& Be ore iee personally appeu
~o me ~eil known aad kao~n, w me co be che iadividuals desctibed ia and who execated the fore~oie~ insvumeat,
and scknowled~ed befae o~e that they executad the same for the p~poses tbetein e:pcesssd. w!
and otCcial seal ia the County and State last aforesaid this $t d OY A11 et
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My Canoission Expires: 'r~e 3~ ~ i9?l Notary Pablic. State ot Flor~c~r;~ . : 4
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BOOK~VV PAGE~750 ~ .
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