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Home My WebLink About0160 Our file 5-20,83? t~~s ~a~E~{c a u~Aa Ir~nsfe~ o( ~~11t 1u IAe ~a~~~~sd poos~ty ~at~n~wsAsee~ .N ~At ~ndesudAeis ~ecwsd Aetesy. ~tl r~~A1. u11e •nJ ~n~e~ra~ a( tAe Ma~~yor ~n ~nd to ~ny ~n.w~n.e ool~c~e~ IAts u ~eres ~~11 p~is to tAe pwcA~~e~ a uanlte. 1~1 To pe~to.w, c.rupiY ~~?d ab~de by e~ch ~n0 ert~y ut •t~oulN~ms. ~~reewenta. cond~t~ons ~M cor~e~m• ~~~d p~onn.~ay n~,~e aeJ ~n ~A~a deed ~e~ (atl~. 1~ 1 TA~~ d~nr ot s~~d ~w~u o( na~eY Ae~e~e ~et.ned to se eol otowotly ~ed (u11Y P~~d w~tA~n hheen d~Yx nt~~ sl~a ~he s~we sevt~~lly becares dre ~ad P~Y+~?le.a ~f e~cA ~ad evay tAe s~~p+~l~uons, ~~~eewent~, conJ~ua?s ~nd coven~nu of saal pom+s• .wy no~e and ~h~s deed, a e~~Aer, a:e not fuliy perlorwed, cayl~ed ~r~M ~nd as~ded sy, tAe ~ud a{au{~ie ~u~ senuoned ~n r~~d pran~aaaY nute ~MII seca~e d~e aed pay~pte t«tNr~~A a tAsn~tter •t tAe opi~on of ~Ae INat~~~ee l~Iiy ~M co~letety ~s H the .a~d a~~re~~te suw of s~~d pamsaaY aote ~r~s a~~~n~lly sliowl~tN 10 !e a~d an aucA d~Y. ~nytA~e~ ~a s~~d Ko~~~~ar eo~e or serein ~o tAe conuuy not~~~Asund~n{. V 1 TAa~ ~n orde~ ~o acceler~te tAe ~uturuy o( Me ~ndebtedesi~ he~eey secured, bsc~uae ol ~he (~~lu~e of tAs 11otl~~~M lo oaY ~~Y .c.e.a~seet. l~ab~l~t). obl~~uon M encumE~ance upon •ud propertY. u Mro~n p~ovided. sA~ll not be aectssaty a ~eawsue ~A~t ~he m~x~~s~ee sAall hr~1 oay tAe ~~se. The Mat~a~ee may, at his option, and without waivin~ his n~ht to accelerate the indebtedness heteby ~ secured and tu [oreclose the same, pay eithet ~efore or a[ter delinquency any ot all of those cenain obli~ations ` reqw~ed by the terms hereot to be paid by the Mott~a~or for the proteciion of the mo~t~aae security ot for the col- lectiun of the indebtedness hereby secured. All sums so advanced or paid by the Mortja~ee shall be cha~~ed into ~ the mott~a~e account and become an inte~r~l part theteoi. subject in all respects to tAe tetms. conditions, and ~..venants uf the afcxesud promissoty note~ and this mott~aae. as fully and to the same eatent as thou~h a pait ~ uf the orieinal indebtedness evidenced by said note and secured by this mort~a`e. exceptin~ howevet. that said ~ cumc shall be repaid the Mcxt~a~ee (orthwith upon its demand and be in addition to the re~ulu monthly instRll- ments provided by the mottta`e note. ~ ~ 3. That the abstr~ct or absuacts of title covetin~ the mort~yed pmpe~ty shall at all times. duci~~ the life , .?f ~his mo~tgaae, remain in possessioo o! the Mort~a~ee and in event ot the foreclosurE of this mort~~~e or other transfer of title to the moft~a`ed propetty in extinauishment of the indebtedness secured hereby, all ti~ht. title and ~nterest of the Mort~a~or in and to any such absuacts of title shall pass to the purch~ser or ~rantee. ~1. To the extent of the indebtedness of the Mort~a~ct to the Mort~a~ee desctibed heeein or secured hereby, the A1oit6a~ee is hereby subrogated to the lien ot liens at~d to the ri~hts of the owners and holders theteo~ of each and every mort~ase, lien or other incumbrance on the land desctibed herein which is paid and/ot satisC~ed. in whole or in part, out of the proceeds of the loan desccibed he~ein ot secured heteby. and the respective liens at said mort~ajes, liens or other incumbrances, shall be a~d the same and each of them hereby is pre:erved and shall pa~s to and be held by the Mottsa`ee herein as aecurity for the indebtedness to the Moct~a~ee herein described on c~reby secured, to the same extent that it would have been presetved and ~vould have been passed to and been held by the A1c?rtsa`ee hsd it been duly and ~e~ululy a~ti~ned. ttans[ened~ set over. and deliveted unto the Mort- Ea~ee by separate deed of assi~nment, notwithstandin~ the tact that the same may be satis[ied and cancelle~ of ~ re~ord. it bein~ the intention of the puties hereto that the same will be satis(ied and cancelled of record by ihe h~~lder~ thereof at or about the time of the recordin~ of this mott~a~e. ~ S. in thc event the ownership of the mort~aied ptemises. or any part theteof. becomes vested in a person other than the Nurtgagor. the !Hortga~ee may, without notice to the Mort~asot. deal with such successor or suc- cecsors ~n interest w•ith reference to this deed and the debt hereby secured. in the same mannec as with the Mort- gasor without in any way vitiatins or dischar~in~ the Mott~a~or's liability hereu~der or upon the debt hereby secured. No sale uf the premises hereby mort~ased and no tabearance on thc put of th~ Mott~a~ee. and ~o ex- ; ; tension o( the time for the payment of the debt heteby cecured fiven by the Mort~a~ee shall opetate to relwee. ~ ' dischuse, modify, chante or a[fect the ori~inal liability of the Mort~a~ot herein either in whole or in part. ~ ' 6. The lien o[ this deed secures and shall continue to secure payment of said indebtedness or indebted• ! ~ ncsti, Rov?ever evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- ' for, or othetwise, until alt such indebtedness shall have betn fully paid. ~ 7. /n the event tbt rnortgugors sell, convey or transjer the rnortgaged prernises durinQ tht lije oj this ~nort- € RaRe• then th~s rnortgage shail, at th~ optiqn oj the Mortgagee herein~ b~conie inunediatefy due and payable jor the ~ Jull swn oJ the principal balance aid interest then due. R. The terms "Mortsagor" and "Mort~a`ee" whenevet used in this instrumeet shall inctude the heits. F personal representatives, successors and assigns of the respective parties hereto. Wherever used the sin~ular ~ number shatl include the plural and the plural the sin~ular. and the use o[ any ~ender shsll include all ~enders. e ~ Sig , seale d liv red ~ the presence of: «a~~ al) ~ STATE OF FLOR(DA ~ COUNTY OF~ ss ~ ST. ZIICI$ 80BEET M. CARDSIT and THF~,MA T. CARDSN, his wiie ~ Betore me petsonally appeared co me well known and kno.m to me to be the individu~ls descsibed in and who execnted ebe (ae~oin~ instrwnent, ~ and acknowled~ed before me that they executed the sime foc the purposes therein a:p[esaed: N,~ my hand ~ and off~cisl seal in the County and State last afore~aid this 18t D8~ OT DeosaD~ ~9%~? ~ `~~,~a~~au; , : ~ ~ = : ~ ~f` ~ ~ ~ ~ ~ ~ '~G ~ ' ' ~Or~~ t e 1~y Canm~ssion Expires: JUIIe 30, 19~1 Notaty Public. .i o~ ' _ ~ f LE~ ~MD tiECOR " ~ ~ - - i~. lIlC1E COUMTY ~t~ ~ - , , - . ; ' . _ ~ ' ' i ~ ROCER POITIt~f '•..s..:::~' <<'~' , - 2U2430 c~Eiuc c~acu~t~~ . . ~coRO rER~F+Ea• ~ ~ D~ 22 4 2~ n9'T o R ~ eoac~.~~ ~~cE ~ _ - ~ Y = ~_:4 . _v_