HomeMy WebLinkAbout2452 Out File S•24,157
tAn ~otts~! ae 1?tit~ Itan~•~~ ,d >>11~ eAe w~.u!{asrd poye~~~ ~n c. . ~ _ - . _ . . . . ~ , . .~f+•, ~.u~
•M ~e~Ht~t d t?e Yort~~ia ~n c.. ~r.~ :nsu~~n. e p,.lia ~e> t~ cn ~n t,v. ~ - , . _ , t . , c
(Al To ~t~lOt~. ao~ply •~tA •nd •~We c~aA an.l e•ert 2!e .t:p,,:•~~ - -r . . r : _ ~ ~ . : r.r _ .C p•..tr ...v. ~
aou ud tlu~ deed set (wtA.
le 1 Tl~t 1/ t11y O/ ~~1~ ~1M? ul ln.~noy Atrt~n IefeneC :o fle noc ~r.nr:yi~~ •nc , . . _ . . _ r.e•~ .
tAe s~at sevsrallY bteoses due an.t p~faele.~r J ~•.h •nJ e.er~ trc .'~p~:~;~ ..i::;-:-••. . . _ . r: .,;W
=aY ~t Y/ UIIS dted. ur e~thef. are not lull> per!.umcd. .,xnDlico ~~•t: ,c_ ,r.:,;ce ^ . ~r, _ .u± T.rec~,ar:l :n ~•~d ~
, t~ :
puw~ssOty ~ote s~lt becaoe due •n.! pay~ale ~.YNYIfh us ehcec~'t~r a~ ~n~ ..t.r ,r, , . . . _ . -ri.-c~:1 :w:
s~~0 ~ultNte iuw o( Satd pt~m~.~.u~ nMC ~ss ur~r~nitl> supu'.ated t.. n~ pa:d x. ,a,•t. p• n.,•r herc:r,
0
lo tAt eontrpY qot~uhstaeW~n~-
O1 Tha? ~e ordtr to accelet~te tht m~tunt~ ui tAe ~nJeDtedees~ here~~ .~.,uc1. ^..~,.c ~...~rr .~t l! a~~,~t.•~ en>
itYlif~l01~ IuA~IUy. oblisaUo~ ~x en~umDrince up~n sa~d p<<.pe~~). a~ ne:~:r. pr,~.,sed. .r,,'; .~c n..~...cr. ..-~~:~~le tnae eh~
m«taa~:s slull tust pay the same.
2. The Mott~a~ee may, at his opt~on, and without Na?v~ng h~~ nght t~~ ac.:rlrcatr thr ~ndthttdnt~s hzreb}•
serured and to toteclose the same, pay eithe~ be~ote or after del~nqutnc~~ am nr att ~~f th~„t c~rta~n oDfigat~ons
requucd by the tetms heteof to be paid b~ the ~brtgagor for the protrctwn oi thr T~~rtgage +e~unt~ ur for the col-
t~ction of lhe i~debtedness hereby socured. A!1 sums so aJvanced ur pa~d b> tht \Mrtgagte shall be chargzd ~nt~~
the mott`a~e account and become an integral patt ther~of, sub~tct ~n ali re~pect+ to the term., concf~tion~, and
covenants of the aforesaid promissotv note, and th~s mortgage, as tuti~ and to tht sam~ extent as though a pact .
af the ori~inal indebtedness ev~denced by said note and secured b~ this rru~rtgagt, e~cept~ng howevet. that said
sums shall be repaid tho ~iortgaget forthwith upon its demand and be ~n add~uon tu the regular munthl~• ~nstall-
ments provided by the mort6age note. ~
's. That the abstract ot abstracts of title covering the mortgagrd propert~• shafl at all tim~s, dunng the life
of this mottaaa~. remain in j?ossession o[ the lbrtsagee and in e~~em ~~f the foraclosure of ?_h~s mortgage or other
transfar of title to the mottgaged prapetty in extinguishment of the indebtedness secured hereby, all ri6ht, ti;le
and interest of the Mortgagor in and to any such abstracts of title shall pass to the purchaser or grantee.
4. To the extent of the indebtedness of the tRortgagor to the ~Mrtgagee desc~ibed herein or cecured hereby,
the hlortsa~te is hereby subtogated to the lien or liens and to the rights of the owners and holders thereot of each
and every mortaage, lien or other incumbrance on the fand describ~d here~n v?hich ~s paid and or satisfied~ in
whole a in patt, out of the proceeds o! the loan desctibed here~n or secured hereb~•, and the respective liens of
said mortsa~es, liens or other ~ncumbrances, shall be and the same and each of them hereby is preserved and shati
pass to and be held by the ~lortgagee herein as security !or the indebtedness to the ~tortgagee herein described
or hereby secuted. to the same exfcnt that it K~ould have been preserved and x•ould have been passed to and btea
held by tht Mortiasee had it been duty and regularly assigned, transferted, set o~er, and delivered unto the ~1ort-
gagee by separate deed of assignment, notwithstanding the fact that the same may be satisf~ed and cancelled of
record-, it bein6 the intention of the pazties hereto that the same w~ll be sa;isfied and cancelled of record b~ the
holders thereof at or about the time of the recording of this mortgage.
S. In the event the owncrship of the mortgaged premises, or an~• part zhereof, becomes vested in a person
other than the !Nortgagor, the \}ortgageo may, a•ithout ~otice to the ~lortgagor. deal with such successor or suc-
cessors in interest vrith teference to this deed and the debt hereby ~ecureJ, ~n the same manner as with the \lort-
gagor without in any way vitiating or discharging the ~tortgagor's liabil~t~ hereunder or upon the debt heteby
secured. No :ale of the premises hereby mortgaged and no forbearance on the patt of the ~brtgagee, and no ex-
tension of the time tor the payment of the debt hereby secured given by the ~tortgagee shal! operate to release. .
discharge. modify, change or affect the original liability af the Stortgagor herein eithet in whole or in part.
6. The litn ot this deed secures and shall continue t c~{[e p~};
~ent of s ~d indeb d ess or indebted-
ness, however evidenced, whether by said promissory note or ~a~r~e~•aT'~'~e~r~o~~I~~M~
tor, or othetwise, until all such indebtedness shall have been~~pitt~aa dae ~on wt~r;ty a_~834 _20
7. !n the event the mortgagors setl, convey or tronsjer p t e o this r
gage, then this mortgage shvll, at ~he option oj the Slo~tgagee he~ein, beco,r.e i~nme lnte ue e t
Jull suin oj lhe principal bolance Qnd tnterest then due. m~de b~ t!~! i1f01tgagiY IW~ ~
8. The tetms "Mort6agor" and "Mortgagee" whenev~dpfn~gspy~~nt shalt include the heirs,
petsonal repteeentatives. suceessors and assigns of the tespective ;+arties heret~~. Mherever us~d the singular
number shall include the p.lural and the plutal the singular, and the u~e uf an~• gender ~hell include alt genders.
'
ncd, sealt i ered the presenct of: (Seal) ~
SeaU
' -
STATE OF FLORIDA I
COUNTY OF ~ ~ J5
ST. ~.~1CIE
e~re me petsonally appeared JEFFERSON MONROE and QUEEN MONROE, hiS wife,
to me well knovm and known to me to be the individuals desctibed in and who executed the fore6oing instrument,
and aclcnowled~ed befote me that they executed the same ~or the purp~ses there~n expressed. WITNESS my hand
and official seal in the County and State last afore~aid this 19th nay of Ap=il, 1972
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~ty Commission Expires: _ic~np 3~ 1975 [~iorar • Publ~c a~e ~~r _ Florida $ ,I,gr~
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