HomeMy WebLinkAbout2168 ~ Our tile 5-20~128
~A~. ~a~~~ae a n~Ase In~(t~ ~f luk ~o ~As wa~~yN pe~trty u~ tatqy~~~M~t~~ ul tMe ~Mslte/~e~~ ~scir~llNt~~y. ~11 i~=A~. u~lt
a~J ~n~e~cst ol Ms ~/a~ta~a ~M 1e ~ay ~p¦w~~cs pl~e~~s tAe~ (ore~ d~ll /~is to ~M Owcl~utt a ~ruNt~, j
IA/ Tu ~erlnw, cwyly •~tA ~u~ ab~dt by e~cA ~~d e~ar w,uwla~~awi. a~reewsau. coM~l~o~s ay cevq~~~~~ ~ro~~~~ay
m~ie ~nJ ~n tA~~ Aeed ~H fatl~.
1 Tha~ i( ~nr o/ s~i~ w~~ oI ~wnsY Atre~n tefrned to ?e aN Kow~tlr ~M t~ily N~d ruA~a Gllsea d~y es~~ alu~
U~e sawe s~•e~~lly Yece~e~ Irs uM ~Ir~slt.a if e~c~ ~M ~vur tUe at~p~l~tlo~s. ~~ree*enu. conJ~~iau ~M tOVq~p11 Of s~Nl po~~s•
~cwY note ~n0 Uui desd. o~ euAer, ~r~ na rYiir v«~«.»a. co~lisA +~~d ~ud ~b~ded by. Me ~urep~e ~w~ ~e~uoaed u~ a~i~
pow„~say nw~ s4a11 ~ecwie are ~~d NY~ele torM~~Ui a tMn~ftsr ~t tMs ootio~ o( ~M Ma~s•a•~ nor .~w coMl~tely if tAe ~
.•~d aure~.~e .w~ of •.~d ~o.ris•ar •~s .•s a~~~aallr s~iw1.~M to Yt a~d o~ srcb d~lr, s~rtAin~ i~ s~N ~towi~w~Ir eote a Mre~e
~o ~Ae cmtruy ~ot.riUutaadl~y.
~ 1 Tha~ U1 OfAtf l0 ittfl~f~lt UI! Mwnty of tl~e indebted~~a~ ~snbr s~cured. se~awe ot u~e t•~~ws ot ws ri«~a.~« ~o o.r .~r
asxe.s~en~, Inb~lity. obli~~tioe o~ encu~Maece upon s~ld ~ooetty. Atteia ~ovided. ~1 aAail uot M aeces~ary or re~~s~~e MN tMe
~~a~~« ,~.u nr.~ p.r we a.we.
2. The Mat~~~ee may. at his option. and without Msivin~ his ri~ht to acceierste the indebtedness heteby
secured and tu foreclose the same. pay either beforo ot Jter delinqueney any w alt of tlase cert~in obli~ations
requi~ed by the terms hereof to be paid by the Mott~a~or for.the pwtectioa of the mort~~e secutity ot [or the col-
lec~i~~n of the indebtedness hereby secuced. Ali ~sums so advanced or paid by the Mat~yee shall be char~ed iato
~he mcxtsa~e account and become an inte~rai put theteoi. subjeet in ail respects to tl~e tetms, conditions. and
cuvenants of the aforesaid promissory note. and this mort~s~e. as [ully and to tbe sune exteat ~s thoush a put
of the o~i~inal indebtcdness evidenced by said note and secured by tfiia aart~ase. exeeptin~ howevec. that said
cum~ shail be repaid the Mat~a=ee forthwith upon its demand aad be i~ addition to the re~ulat monthly install-
ments provided by the mott~a=e nMe.
3. That the abstract ar absttacts ot title coverin~ the nart~aied property shatl at all times. darin~ the life
uf this mortga`e, remain in possession of the Morisajee and in eveet of the faeclosura M this na~t~a~e oc other
uansfer of title to the mort~yed ptopeny in aatieyaisbment of the iadebtedness sec~ued hareby, all ri~ht, title
and ieterest of the Mort~a~ot in aad to any such abstract~ of title shall paas to the piuchasar ot ~raatee.
4. To the extent of the indebtedness of tl~e Mon~afor to tl~e Mott~a~ee desccibed hetain or secu~ted hareby,
the hlottsa~ee is hereby subro~ated to the lien or liens and to ~he ri~6ts o[ tbe ovmets aud holders thereof of e~ch
and every mortease, lien or other incumbrance on the land described hereia ~rhich is paid ud/ot satisCed, in
wholc or in pan, out of the proceeds of the loan described herein ot secuted hereby. and the te:pective liens of
said morts~~es. liens or other incumbrances. shall be and the same and each of them hereby is preserved and shall -
pass to and be held by the Mortfasee herein aa security [or the indebtedness to the Moct~a~ee herein described
an c~reby secured. to the same e:tent that it would have been preserved and w~onld bsve been passed to aad been ~
held by the Mc?rt~aaee had it been duly.and re~ululy assi~aed, transfened. set over. ard deliveted unto~the Mat-
6agee by separate deed of assisnment. notwithstandinj the fact that the same may be satisfied and caacelled of
record. it bein~ the intention of the parties hereto that the saene will be satisfied and cu?celled of record by the
holders theteof at ar about t6e time ot the recordin~ ot this mottsa~e. -
S. ln thc event the owners6ip of the mort~ased premises, or any part thereof. becomes vested in a person
other than the Mort~a`ot. the Mon~a~ee may. w~it6out notice to the Mort~aior, des! wi[h suc6 successot ot suc- t
cessors in interest with reference to this deed and the debt hereby seeured, in the same maanet as with the Mort-
6aaor without in any way vitiatina or dischufin~ the Mort~a~ot's liability hereunder. or npoa the debt hereby
secured. No sale uf the premises heteby mort~a~ed and eo forbe~cance on tl~e part of the Mottsa~ee, and no ex-
~ensian of the time for the payment of the debt hereby secured ~iven by tbe Mottsa~ee s6a11 operate to releace.
discharse. mod~[y, chanae a affect the ai~inal liability of Ihe Mort~a~or harein either in whole ot in part.
; 6: The lien of this deed secures and shall continue to secure paymeat of said indebtedness or indebted-
` ness, however evidenced. whether by said promissory note or any renewal or e:tension tbereof or substitute there-
~ for. or otherwise, until all such indebtedness shall have been fully paid.
~ In th~ event tht inortgagors sell, convey or transJer tht mortgogtd ~en~ises durin~ the ?ije of this u~ort-
RaRe, thtn this nrortgagt shall. af the option oj the Morfgagtt herein, becon~e inuNediately due and paye6le jor tht
~ ju11 sun~ oj the principol 6alnnce and interest thtn dut. ~ _
8. The tenns "Mort~a~oc" and "Morya~ee" whenever used in this instrument shall .include the beir:, .
pasonal representatives, successors and assians of the respective ~parties herew. Whetever used the •in~ul~r
number shall include the plural and the plural the sin~ulu, ud the use of aay ~ender shall include all ~enders.
~ned, sea iv i res HIS MARK ~~~q
- (Seal)
` MAE ~ E'TTA MACK
«
;
STATE~ OF FLORIDA ~
couN7~t oF~aimt " ~,gTgUg MgCg also knoxn as ARTHUR MAC and MAS ETTA
~ 3T. LUC ~~g aleo kno MA~ETER MACK also known as
Be[ore me personally appeare ~ ~~~and-la~ h18 wife
to me well kno~vn and lrnowm to me to be the iadividu~ls desctt ~a w execnted the fote~oia~ inswment.
and scknowled~ed be~ore me that they eseeuted the sa~ne tor the p~rpo:es therein expcessad. ~T,j1ESS my hand
and off~cial seal in the County and Sute last aforesaid this 8th day OY All et ~ 1 70.
,.?ywll?rr~j~ +
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1~ty Conunission Expires: T~ns~ lqrf~ Notary Public, State ot e~~"
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d00K 10V PACE ~ h~~t, N'""°~"~
2164
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