HomeMy WebLinkAbout0137 Our tile 5-22, 701
in~n;~egr ~v ~.ihr~ t:rn.tr: iiiir t~~ 'hr n~..~;:Fe~r,l pt~~,c~t~ in r~ung~:.,hrt.tnl ~~I Iho tOJt!+icdnr.. .r.~.urd hflC~~\. JII e~~ht, h'le
a~a1 in~eir.t ,4 ~h~ ~1ott~r~.tt ~n ..nA t:. ~n~ ~r..w:n.c ;..,.ir. ch:n ,n t~•r.r ..~.ll pa.. iu tht pui~h~ae~ ur g~ar.~~~.
lhl T~, pr~t.•~~m. ..~rt~p:~ ~~Ih an.! rhi,le n. er.h ~n.: ,-~~n tA~ ...pu'at~~~n.. agrcrm~nt~, cond:l~,~n. ~nd .:,~enant. in .e~1 n:,~rci.~„n
i;aic end in ihi. d~cd .tt lort~.
/i ~~Ihal ~t .~ny ~~1 na~d sum+ of m~~n~~ hrrc~n ~rlrnrd t~, b~ n~~t pn~m,ntl~ end I~:i!) ,aid v~thtn :~(irrn da~~ nt~l ettt:
t!~r cam~ ~r~c:altp 1+e~ome~ J~~ and pe>ab;c,~,~ c~.h and r~er> the .t~pulrtion., age~emrnts, .,,n.l~t~on. and ro.cn~ni~ ut .~~d p~.~m:.-
,~,n n~~t~ anQ thn deed. ur e~th~r. ere not tuii~ pcrormcd, .~,mpi~~d w~th and it~iJtd tho .~id ..~;g~egac~ .um mcnt~,~ncS ~n s~~d '
pr.~m~+.or~ not~ +hall become du~ and (1d~JD~f to~:nr~tA .~r theicafte~ •t the <~ph~~n tht \Iurt~tegee e. f~ii~ end .~~mpletel> r. ~r ihc
.a~.'. eggreRate cum o! said ptom~.sory n~,!e ~aa ungin~i:v .upulaud to ~c pa~d un ~uih dr)'. anythinR in ~r~d pr.~m~..~+t~ note or herun
~hr :or.var~ notr~i~,~and~ng-
l~ 1 Ihet m nr~cr to ~i:tletate thc ina!ui:ty .~f Ihc i~dcDt~dness hereh~ .e.u~ed, becauae o[ thr (ai~urc of tAe \ioct~ag~~~ pati ~ny t~~.
e~.c..:men:, lub~l~t~, obi~gai~on ,~r ra~umbrence up~~n .a~d prrp~~ty, •s herc~n pr~~~~~._,, ~t chal~ not Df nt.:.~ary ~~r ceyws~ie tha! th~
n:,+~tga~cc~ .h~li (us~ pa>' the ,rmc.
The ~1~:rtgager map, at his opt~un, and w~thuut waiv~ng his tight to accelerate the indebtedne~s her~b~
.~cure~t and to Corecloae the sam~, par ~ither before or after de!inquency any or aU of those certa~n obligauun.
r~yuired b~• th~ tetms hereof t~~ he raid by the ~tottgagor [~~r the protection of the mortgage secutit~ ot for the col-
Ie~U~~n of
thr indthte~lness hrreh~• secured. :11t sumti ,u advanced or pa~d by the \iotigagee shall be chatged ~nt~~
the murtgagt accuunt :~n~1 bec~~me an ~ntegtal part therc~~f, sub~ect in al! respects to the terms, .ond~uuns, and
cuvenants of the af~~resaid prumiswr> n~~te, and thi~ murtgage, as fully and to the same extent as though a patt
~~f tht otiginal indebtedness evidenced by sa~d n~•te and secured by this mottgage, excepUng however, that sa~d
cum~ .hali be re~+aid the \1~~rtgagee Cnrthw~th u, on ~t. demand and be in add~tion to the regular monthly install-
ments providzd by the mottgage nutt.
3. That the ahstract ~~r abstrarts ~~f t~tle rovering the m~~rtgaged propert~• shall at all times, during the lift
~~f th~s murtgage, rema~n in p<»,es.i~n ~~f ihe ~lartgagee and ~n e~•ent of the foreclosute o[ th~s mortgage or other
tran.ftr ~~f utle t~• thr mortgage~l propert~• in e~t~ngwshment of the indebtedness secured hereby, all r~ght, t~tle
and ~nterest ~~f the ~tortgagor in and to an} tuch ahsttacts of title shall pass ta the purchaser or grantee.
-1. Te~ the extent of the indehtednes: of the ~1~~rtgagar t~~ the ~lortgagee desctibed herein or secured hereby.
the \tortgagee ~s hereb~ suhtogateJ tu the lien ~~r I~en. and tu the nghts of the owners and holdzrs thereof of each
and e~•tr~~ murtgage, lien or uther ~ncumbrancr ~~n the land descnbed here~n which ?s paid and ot satisf~ed, ~n
wh~•ir ~~r ~n part, c~ut ~~f the proceeds uf the I~~an de,rnbed herein or secured hereby, and the respect~ve liens of
saiJ m~~rtgages, liens ~~r ather incumbrances. tihall he and the ~ame and each of them hereby is prestrved and shall
pa.s t~. 3nd hr held b}• the V~~rtgagte hrrrin secunt~~ for the ~ndebtedness to the \lortg3gee herein described
~~r h~rzb} tirrured, t~~ the same extent that it Ni~UII~ F18t'C heen presetved and w•ould have been passed to and been
hel.i h~ the \t~~rtgagee had ~t hren dul~ an~i regula[ly ass~gned, transferred, set over, and deli~•ered unto the ~1att-
~t.+ger M,eparate derd of a~~ignment, n~~twithstand~ng tht fact that the same may be satisC~ed and cancelled of
rer.~rd, it heing the ~ntenh~~n t~f the parties hereto that the same wi{! be satisf?ed and canceiled of record b~~ the
hc~fders the:e~~f at ~~r about the ume uf the record~ng ~~f th~s mortgage.
In thr t~ent the ownersh~~ ~~C the m~~rtgaged prernises, or an}• part thereof. becomes t~ested in a person
~~ther than the 11~~rtgag~u, the ~l~~rtgagee may, ~~th~~ut ni~t~.:e tu the ~lortgagor, deal with such successor e.r suc-
ce•.,~r. ~n ~ntere.t ~+~th reCerenre t~~ thi. deed and the deht hrreb~• ~ecured, ~n the same manner as with the ~turt-
gag~~r :+ith~~ut ~n an~ ~ay v~uating ~~r di:~harging the ~1~~rtgagur's liabil~t~ hereunder or upon the debt hereb~
~e~ured. ta~e ~~I the ~~tm~se. hereb~ m~~rtgaged and n~~ f~~rbearance on the patt ai the ~Mrtgagee, and no ex-
i ten~iun uf thr time for the pa~ment ~f the debt herebv secvred g~ven by the ~lortgagee shali operate to release,
~ di,rhargr, m~~difc, change ~r affect the ~~ng~nal liab?lity uf the \tortgagor herein either in whole or in part.
b. The t~en ~~i th~s deed secure~ and shall r~mhnur ta secure pa~•ment of ~aid indebtedness or ~ndebted-
~ nc,~. huwr~•er eviJen~ed, whether b~ sa~d promiss~~r~ n~~te ~~r an~ renewai or eztens?on thereof or substitute there-
f~~r. ~~r ~~ther~i~r, until aii su.:h indebitdness chall ha~e been 1ull~ pa~d.
i 7. In thc ~~~t the n:ortkueo?~ sPli. ~•om e~~ tra~sier the m.nrtxaqed p~emises dur~ng ehe !t!e of th~s mo?t-
ku{c~. rl:r~n :hc.. morl~ake st:at;, ut the .~pt~on of rhr ttr?t~ukrr• !:e.ein. he•come ~mrnediateh~ due and pa~•abte In? the
ru!! su~: of thc~ P~tn~~i~al ha(urtcc' nnd ~nt~rest thc~n duc~.
~ The trrmc "~1c~rtgag~~r'~ and "\1c~rtgn~ee" whenr~er used ~n this instrument ~hall inciude the heir.,
~er.,~nal repre,entati~es. ~u.~essc~rs and .~a~igm ~~f the res~ective parties h?retci. Y?herever used the s~ngular
nu^:hrr ~hai! m~lude the r!ural and the ~fural the .~ngular. and the u,e uf any grnder ~hail ~ncluJe all genders.
~~r "1 -
~ gne~1. .ea .1 e ered ~n the pre;rnce c~f ""`E~~tL t.-L'L~ ISrai}
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STATF OF FLORID~ I
rc~~~tiTYS~ ~~IE j „
Nel~~re rr~e pers~~nall~ appeart~ WALTER TERRY KIRK a[1d MARY ELLEN KIRK~ his wife
t~~ me wrlt known and kr,nwn t~~ r,;e t~~ be the ~nd~viduals descr~bed ~n and who executea the fotegoing instrument.
.~r~~ ackn~~~+le~iged be(ore me that the~ executed the .ame for the urputies thrrein expressed. WIT'~ S m~ hand
:in~ ~~If~~•:al .eai in the (~c~unt. ar.~ State fa~t af~~re~aid this 16t~ Day of September, 1~~1
~ V~ (~~^?:-~i,sinn E=tp;re. June 30~ 1975~ ~;,,jan Public, State ~f Fiorid Large
f1tEi, . c~.:~KOE~_- t,,`-r:
51- ~G
~E,~' 1Til~S~1~. ~ Y
CLE~K C 'yJ{i COURT ( .
pE~Qq~ Vz-•;FtEO ~
~ 2 2° PN'~ ~ _
2~.f~5~'7 _
; ~t3~1 ;''4~r ~ °_.l~
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