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th~s sa~~~se a otAer u~nafer o( lille to tAe sart~~~sd po0erty u~ sxuasu~sM~en~ ot ~be ~edeetedaess sacwed Asreby, all ~~{h~. UUe '
anJ in~ctest o( We Mo~t~yot ia ~ed lo ~ay ~~uw~nce polio~~s tAs~ ia totct ah~ll oas~ to tAe putcbsie~ o~ Nantee. i
lA) Tu oertas, cu~plr ~ri1Y aad ~b~de by e~cA aed evsrr t!t s~~pulaum~. ~~reemapb. coaditioes sed coren~n~• ~n a~~d o~amasorY `
aute ~nd in ~h~r deed sel torth. ~
(i 1 TAat it anr of s~id swas ot woeeY Ae~e~n re(ened to be sot oro~pUY ~~d tully pa~d ~~tAin fitteen days nea~ a(~e~
tAe sswe sever~llr etcoses due ~ad Pay~ele.a it e~cA ~ad ~v~rr tAe stioul~tiau. s{~eeacnta. cond~tions ~nd tovea~eta of s~d praais-
saY aote ~nd tAis beta. at eiiAer. ~rt not fullr perfon~ed. cowolisd ~ritM ~nd ~bided br. tAe sa~a ~s{re~~te sw~ ~enuoncd m s~~d ~
pras~ssay aote sAall eeco~t due aed pariele fatArith or there~fter •1 Ws optioa of tAt 1Aat~~~se u(ullr aad co~plttely as if the '
.~id ~~e~~te sw~ of s~id pra~issay aote ~ras on~~aa11Y stipul~ted to be Psid as srcA d~Y. ~aytAia~ ie s~id p~aeissorY note a Aenin ;
to tAe contruy eotrilAsued~n~. 1
(j ) TAa1 ~n ade~ lo accela~te tAs ~r~w~tr of th~ i~deptNae~s As~tbr ssoared. bec~ws of tAe failrse o( tA~ Mats~~o~ ~o ~y ~ey t~a,
asseaswent. lubil~ty, oblisatioa a encu~Manee ~poa sa~d Propartr. ~s Aereia p~ovided, it sb~ll eet be aecessary a~eauiii~e that tl~e
matp~ee sAal) first psy tbe sa~e.
2. The Mort~a~ee may, at his optioo. and without waivin~ his ri~ht to accelerate the indebtedness hereby
secured and to foreclose the same. pay either befon or Jter delin~ency aey or all of tho:e certain obli=ations
tequired by the tenns hereof to be paid by the Mott~asor fot the ptotection of the mort~aie secatity or fot the col-
lection ot the indebtedne:s hereby secured. All sums so advu~ced or paid by the Mort~a~ee shall be chu~ed into
the mo~t~aae account and ~ecome an inte=ral part theteot. subject in ~II respects to the terons. coaditions. and
cavenaots of the aforeaaid promissory note. Rnd tliis motya~e~ as Inlly aad to the samo e:teat as thou~h a put
of the ori~i~al iadebtedaess evidenced by said note and secuted by this aart~a~e, exceptins however. that said
sums ahail be repaid the Mat~a~ee forthwitA upon its demand and be in addition to the re~ulat monthly install-
~~ments provided by the mort~a=e note.
3. Tha~ the absuact or abstracts of tiile coverina the aart~a~ed property shsll at all times, durin~ the li[e
of this mort`aae. remain in possession of the Mat=aiea and in eveat of the foreclosure of ihis mort~ase ot othsr
trsnsfer o[ title to the mort~ased property ia extin~uishment of t6e iadebtedness secured heteby, all ritht. title 4
and ioterest of the Moct=asa io aad to ~ny such abstracts of title shall pass to the purchaset ot frantee. ~
4. To the extent ot the indebtedneas ot ?he Mon~asor to the Moct~a~ee desctised herein or sec~red hereby. i
the Monsajee is hereby subco~ated to the lien or lieaa and to lhe ri~hts ot t6e owuers aad holders thetaof ot each
a~d every mort~a`e, liea or othec iacumbrance on the land described herein which is paid and/or satisCed, in i
whole or in pan, a~t of 1he proceeds of the loan described herein ot ~ecured 6areby, aad the respective itens of
said m.xtsa=es, liens or oWer incumbrancea. shall be and the same aad eac6 0[ them heraby is pnserved and shall
pass to aod be held by the Mort~Kee herein as security for the indebtedness to the Mortsa~ee hereia described
or hereby secured, to the same extent that it would have been pceserved aad ~ro~ld have been p~ssed to wd beee
held by the Mortta~ee had it beea duly and tejululy assi~ned, transferred. set over. and delivered unto the Mon-
~aaee by separate deed of assi~nment, aotwithatandin` the fact that the same may be satisfied aad cancelled ot
recad. it bein~ the intention oi the puties hereto that the same will be satisfied and cancellad of tecord by the
holders thereof at or about the time o[ tht reco[din~ of this mort~a~e.
S. In the event the ownership of the dart~aaed pcemises, or anr part thereo[. becanes vested in s person
other than the Mort`a~or. the Nbrt~a~ee may. wit6out notice to the Mart~a~a, deal with such successor or suc-
cessors in interest with re[etence to this deed and the debt heteby secured, ia the same manner as with the Mort-
aasor without in any way vitiatina o~ dischu~in~ the Moctsaior's liability herenader or upoa the dabt hereby
secured. No sale of the premisea hereby mort~a~ed and ao fabesrance oa the part of tbe Mort~a~ee, and no ea-
tension ot the time fa the payment ot the debt hereby secured =iven by the Mvttja~ee shali operate to release.
dischuae, modify, chan`e or affect the vrisinil liability of the Mort~asor hereia either in wfiole or in part.
' 6. The lien o[ this deed secures aad :hall contimie to secure payment of said indebtedness or indebted-
; ness. however evidenced. whether by said promi~sory nate or aay nnewal a extension thereo[ ar substitute there-
~ for. or otherwise, unti! all such indebtedness shall have been fulfy paid. ~
i 7. In the event ~he mo?tgaaors se1l, convey or t?a~sJer the ~nongoged pen~ises duiing tht liJt oJ this ~o?t-
r gage, then tAis n~ortgage sholl, at the option oj the Morfgagee herein, become enu~ediately due and payable jor the
~ jutl su,~ oj the principal bnlance mid inttrest then dut.
~ 8. The ts~ms "Mortfa=or" and "Mort~aaee" whenever used in this inatnunent shall include the heirs.
~ pasonal representatives. successors and assisns of the respective parties herew. Whereve~ used. the sin`ular
~ number shail includo the plural and t6e plural the sinfuiar, snd the use of any ~ender shall inclnde all aenders.
Si~ d, seale ia e esence of: ~ (Seal)
e
(SeaD
STATE OF FLORIDA
COUNTY ~F~~ st
B T~~ ~~IE nally appeared RAYI~ND A. GLAWSON 8nd ESTELLE M. GLAWSOAI ~ his Wif e
~ to me wel! known and kno~rn to me to be t6e individuals described in and who executed the fore~oia= instrumeat.
~ and ackno.vled~ed before me that they executed the same for the purposes therein eapcessed. WITNESS my hand
and official seal ia the County and State last aforessid this 24th Day Of ril, 19~1.
~
f ~EO ~~a a co+t Eo ~
Hy di~,e~~n~~ June 30, 1971 Notsry Pnblic, Sc
CER P01TI1A= = ~v v~•~._';
a:
CLERK CiRCUlt C011RT ~ ~ ~ ' ' ~ ~
RECORO VERIfIEp~~ , `r : ~a~~ ~~~tF" .
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