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Our iils 5-20,285
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..~e..«~~, n.?~~nr. e?~yaiio. ar e.~r.w.~s wa~ ,•~a ~ep«y..u ~.a t~o~wse. ~i s~.n .a r...~•.~ur ~ nw~~ae ~Aa~ Me .
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2. The Mottsa~ea may. at his option. snd without waivin~ Ais ti~ht to acceletats t6e iadsbtedness hereby
sc~u~ed aed tu foreclose the sane. Par eitber befo~s oi ~t'te~ deliaquency any ot tii of those cetuin obli~ations
~equ~~ed by the tenas hereot to be paid by the Mort~a~ot ~er the pwtectioa of the nartsase ssoutity or fot tae col-
le~~iue of the indebtedeess heteby secuted. All swn~ so ~dvanced a paid by ths Moct~a~se shall bs char~ed iato
the n~xt~a~e accaunt and become an inte~ral part thereof, aubject in ~11 respects to t6e tetms. coaditioas. aad •
~avenams ot the afcxesaid ptomi~sory uote. and this natyaje. a• tulty aad to the su~ extent a~ thouih a put
~~f the wi~ieal indestedness evidenced by s~id note a~d secured by this aart~a~e. exceptin~ bowever. dut said
~umx aha11 be Kpaid ~he Mcx~ja~ee fo~thwith upoa its dem~d aed be in addition to tlie ce~ulir nanthly install-
ments pwvided by the mott~ase note. -
3. That thc abatract or ab:tracts of title coverins the mot.t~a~ed pcoperty tball at ali times. dnria~ the life
uf this mo~t~a~e. remain in possession oi tbe Mat~ajea aad ia e~eat of the fo~closace of this mort~a~a ot othet
uansfer of title to the inoit~a~ed propetty in extinjuislaaeat of tbe iadebiedness sec~red hetebr. all ri~6t. title
and interest of the Mort~yor in and to any such abstr~ct~ of titl• shall pass to the pu~chsssr ot ~raotee.
~1. To the extent of-the indebtadeess of tbe Mott~ya to the Mort~a~ee described berein or secnred hereb~r.
the Mon~a~se is hereby subro~ated to the lien or lieas aad to the ri~6ts of the owners and hotdecs tbereot of eacb
and every mort~aje, liea or other incumbrance ae~ the land described-hetaia which is paid ud/ot satistied. in
whole a in pan, out of the proceeds ot ihe loao desctibed hsreia ot secnted heteby, snd the nspective liens of -
said mat~ases, liens ~ othe~ incnmbrances. sball be aad the s~me aad each of them hereb~r is p[esarved and shall
~ass to and be held by the IiAort~siee herein as security fot the indebtedness to the Mat~asee hereia described
or h.:reby aecured. co the ssme extent that it would bave beea presenred aad would have beea passed to aad bea~ ~
held by the Mortsasee hsd it beea duly sad nsululy assi~aed, taas[aef~ set ovsr. rrd delivered uato the Mori• . ~
~a`ee by sepa~ate deed of assi~nment, notwitbstaadins the fut tbu the san~ may be suisfiad aad cwcelled of
record. it bei~ tha iatention of the puties heteW that the sane ~will be satitfied and caocelled of record by the
hulders thereof at cx about tl~e time of the recordins of this mortisae. :
. S. In thc event the ownership of the mort~a~ed pteaases, ot any part tharaof. becemes rested in a person
other than the M~xtsa~or. the Mort~a~ee m~y. ~ithout aotice to the Mott~aaor. desl with such succassa ot sne-
cessors in interest ~ith raference to tfiis deed and the debt herebyr sec~red, ia tbe sarae mannet'as ~ri1b the Mort-
~a~or without in anX way vitiatin= or dischat~in~ the Mottsa~or's liabiliq? heteundet- dt ~on tha dabt 6steby
securcd. No sale ut the premises hcrebq mort~ased and no labearance on t6e pact ot tbe.A~ocqs~ee, and ao e:-
tensian of ths time for the paymeat of the debt hereby secured ~ivea by t6e Mo~tss~ee s6a11 oparstt to roleasa.
~ dischar~e. modify. c6an~e or atfect the ori~inal lisbility of the Mort~ssoc 6enia~eitha i~ rMate or id osrt.
j 6. The lien of this deed securos and shall continue to secute paymeat o[ said indehtedoess o~ iade~tad-
; ness, however evidenced, whether by said promissory aote ot any teaewal or e:teasioa thenof ar ;nbstitutt d~e-
for, or otherwise, nntil all such indebtedness shall have baea (ully paid.
In the eve,et tht n~ortgago~s sell, can?ty or trans~er tlee wort~ed pnu~ises dwie~ NMs ~i
je oj tbis ~on-
RaRe. thee t/~is ~nortsast shall._at the optiae oJ N~e Mo?tg~et hnein. becoiue i~uRediately d~e a~d payabte Jo? rlte
Jull su,~ oJ the p?incipat balance and interest then dae. ~ ,
s. The teems "Mort~aior" aod "Mort~ajee" whenever ased in this instnunent shall iacluds the heirs. +
pasan~l represent~tives. successors and assi4ns of the respective puties 6aceto. N6erever ased tha sinaulat
number shafl include t6e plural aad the plwal the sia~ulu. and tl~e use of :ay ~erder sball inclnde all ~aaders.
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Si sealed e in the preseace of: (Seal)
° (SeaU
~
~
STATE OF FLORIDA ` ' -
COUidTY OF]~t ss • ,
Betores
iTas~ PirUC -~poewd - ~ ~~X i~~ . ~ ~C~S~~ f ~it 1fif~ -
eo me well k~o~s and tnore ~o ~ to. be tbe iadi~iduals destxibed 'u and w6o ssscntsd the tonsoin~ iastrw~eat.
snd uf~nowled~ed bsfots me ebat lbey euscoted t~s s~ne for the parposss 1fMreia expa~sed. ~TNESS eqr t~u~d
and ~cial sesf in tbe Coanty aad &ate lasi~a~ is 2?th det7 oi A1i~i~t ~~9'T0. b~ a,,
~f14~A ~COUNtYC~~
$T. W CI~
RECOR~ VERI~IEO ~~~«}"l~s~,4,, .~,~,~i.,_
by~'r .
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~Ir C ssion E~cpia~• ~ Notary i~. Sut~ o~ ;
°~30- 7/ - , 1.
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