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HomeMy WebLinkAbout2251 ~ . . ~ ~ . our 211~ ~-2i3, 219 ~ ; tA~s wMyy~ K NI~ u~wsla e( UIi~ t~ tM ~a~tKd ~toM~~y M•i~u~~~sM~~~ al Nit ~~?1eMss~ asc~re~ Meteb~. ~11 r~~A~. ~i~le ~M ~~ua~1 oi M~ IMrt~a uN ~sy wrr~~ce plio~~~ t1N (ac~ sU~ll M~~ tM wtcAutr a t~~wtst. h1 To ~etfas. coMly ~tM ~MN ~y ~~d ~~~~Y NN ~t~w1~l~ows. ~{reewe~t~. caMil~o~i covM~~~• ~e ~~~d pr~r~~.~~ry wa ~M u th~~ ate~ ~N fa1b. . li) Tt?~t H t~y ot s~i~ sw~s o( wa~ey Aere~~ ~eferted W ~t aot prow~lly ~~d (ully Pa~d ~~tA~a hheea day* ne.~ ~~~r~ 1~~ s~ aevtnllr ~eca~t~ dnt aM ?~lra~l~. a i( ~asA s~d ~v~~Y tUt aupd~uoes. ~pss~enu. ca~d~+~o~s ~ud covenant• ol sa~J paau.. •ay ~ote uw uis d~ed. er s~~Aer. ~r~ sot f~lir ~erton~ed. eo~pllsA r11h ~ad a?~ded ?y, tM s~~d ~~{repce s~w ~enuaued ~n .•~d prowluay auu ~wll acawe dw ud p~y~bk (atl~~~d~ a W~re~it~~ ~t ~6e oatioa of the Mayaase ~s (~Ily sed cowole~ely d~ iAe s~iA a{art{~u ~w~ ot s~id pa~issar ~W~ ~r~s a~~~aallr stipl~ad ~o se a~A on ~~eA d~Ir. a~YtAw{ ~w ~~id Otow~ssay ao~e w Ae~e~n , to tM co~lrar uoaritluw~/~uj. ' _ (j ) TA~~ ia ord~r te aes~lK~t~ tAe ~~~:uy of tl~e iadest~AM~~ A~~eby s~ured. etuwe d Wr f~~l~n o( tAe Ma~~~pr w oay .ny u~, asae~swesl. li~eility. olliptio~ ar eocuwbrsxe ~Ooe su~ Koperty. ss hsreia provided. ~l sMll eol bs setesaaty or rtY~~~~lt lhal tAe wwtp~ee shall tua~ p~r tAs s~~s. - 2. The Mortia~ee may~ at his option, and without waivin~ his risht to accelecate the indebtedness hereby secured and to foreclose the ssme. pay ei?her be[ote ot after delinquency any or all of those certain obli~ations ~ tequired by ~he termt heteot to ba paid by the Mott`a~ot for the pcotectioo o[ the mort~aje secutity cu for the col- Iec~ion of che indeb~ednecs heceby secured. Ali sums so advanced or paid by the Mott~s~ee shall be-eharted in~o the mart~a~e account and become an inte~ral part thareof. subject in ali raapects to 16e terms. conditions, and covenants of tbe duresaid p~omissory note. and tbis matsa~e. as fully and w the same extent as thou~h a put of ~e ori~inal iadebtedness evidenced by ssid note and secured by this morya~e. axceptin~ ho~evet. th_at said sums shall be rapaid the Mottsa~ee (orthwith upon its demand and be in additioe to the te~ular monthly install- meaes pcovided by eha mac~a~e note.. 3. That the abstract ot abstracts of title coverin~ the mortsqed ptoperty shall at all times, du~in~ the life of this mortsa`e. remain in posses~ion of the Mortaaiee and in eveat of the toteclosute of tbis mort~ase or other transfer of title to the mort`ased ptopertY ie extiasuishment of the indebtedness secured hereby. alt ri~ht. title and interest ot the Mort~asor in and to a~y such abetrscts of title shall psss to the purcha~er or ~rantee. 4. To the eatent of the indebtedness of the Mortsa~or to the Mort~a~ee described herein or secnred hereby. ~ the Mortea~ee ia hereby subro=ated to the lien ot liens and to the r~~hts of the owaers ar~d holders tbeceof of esch ~ and every mott~ate, lien or other iocumbrance on the land described herein which is paid and/or sati~tied, in ~ whole or in pan, out of the proceeds of :he loan daacribecl herein or secured hereby. aad the teapective Ilens of said mort~a`es, liens or other incumbrances. shall be and the s~me and each of them hereby is preserved and shall pass to and be held by the Mortaa=ee herein as security for the indebtedness to thc Moct~asee herein described or hereby secured. to the same extent that it would have been presetved aad Mould have been passed to and been held by the Mort~a~ee had it~been daly and n~ululy assi=ned. trans[ened, set ovet, and delivered unto the Mort- sage~ by separate deed of assi=nment, not.vitbstandin~ the fact that the same may be satisfied and cancelled of record. it bein` the intention of the parties hereto that the same will be satisCed at~d cancelled of record by the holders thereot at or about the time of the recotdin~ oi this mott~a~e. - S. In the event the ownerahip of the mort`a~ed premises, or any part th~eof. becomes vested in a person other than the. Mortfa6or. the Mort`a~ee may, without notice to the Mott~aaor, deal with such successor a suc- cesso:s in interest witb reference to thia deed and the debt hereby secured, in the same mannec as with the Mort- ~aior without in any way vitiatin` ot discharsinj the Moct~a~oc'~ liability hereunder_ or upon the debt heteby secured. No sale of the premises hereby mon~ased and no fabeuance on the put of the Mortfa~ee, and no ex- tension of the time for the payment o[ the debt hereby securod siven by the Mort~a~ee shall opcrate to ralease. dischar`e, modi[y, chan~c a aifect the ori`iool liability of t6e Mortga~or herein either in whole or in put. 6. The lien ot this deed secutes aAd shall conti~e to secwe paymeat of said indebtedaess or indebted- ness. however evidenced. whether by said promissory note a aay reaeN81 or exteasion thereof or substitute there- for. or othervrise. until all such indebtedness shall have been fully. paid. ~ 7. Jn the event tkt nrortgagors sell, convey or transjer tht ~ortgaged pen~ises during tht tiJe oJ this rxo~t- ~ gag~, then lhis nwrtgage shull. at the option oj the Alortgagee htrein, become i~nn~ediQtely due ared payable jor the ~ Jult swn oJ ~he prencipol bolance and interest then due. 8. The tenns "Mortaator" and "Mortgaaee" whenever used in this iaatrument shall iaclude the heirs, ~ personal representatives, successots and assisns of the ~reapective patties 6ereto. Wherever used the sin`ular. number shall includs the plural and the.plural tht sinsulu, and the use of any ~ender sball include al! senders. _ ~ ~ ~ o . "~"~/l.~/ ` 'cJ (Seall S~sned sealed and 1~ ~ aeseace f. / ~ al) « STATE OF FLORiDA . COUNTY O~F/ p~~~ ss fTl r• iJ V V Be[ore me~ersoaally appeated . BUD B~SiA. 8~ $I~AT~~S ~ H~B?~ ~t1A rii2~ to me well Icnown and kno~ra to ma to be t4e i~iividuals de~ctibsd in aad ~ho execated the fore~oin` iesuument. and acttwrrledicd befnte me t~lt" they executed the sart~e for Me purposcs theraie axpressed: M?ITNESS my hand and ofticial seal iq t!!e Connty and State iast ifotesaid this# 1Sth d~TY Of Aligli8 19~j0. _ ~ .•F{t~D ANfl-RE~!l~~~ . : . , $T. t,UClL COUNTIF: ,E,,,: , . R~CORD VERfFIE~ '~x- - ,.r::: -•i, •''--r 't . Ny C«nmission Es~~e~ `7~ Noary Poblic, State of ~ ~ _ - 1 ` l=~~'t~ ~ ~ ~ < , _ ' ~.2,~t•~`~.~` . ~ . ~ ,~i ~e:...~~. . _ ~ Ro~ER ~OiTRaS ~ ~ ~:ti ~t ~ . --~+>r-=;:~~:~+.~ CLERK CIRCUIT COURT; • ~ - t . , ~ ~ ~~"F~, . ~ ! , ! 600K 10V P11~~~ + - . . . ~ . . . _ 4 _ ~y.~.,;s .LY~`a 'Y _ - VT-«.~ .s'^._,.~~~..~~Y'°'~~^~ .