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HomeMy WebLinkAbout1741 Our filr. 5-21,202 tA~s mwlCrKe ~w othrt ttan.tr~ ut titlr tu tnc mu~tK~Ked ~r~~prin ~n c~~~n~u:•hn.,n~ .~t ~n: :•..l:h~r.:n:...~.~.:rrd t:r:r~•~. .,II n~Ch~, ntir and in~e~r~t ol Ihc \IuttraRu~ in and ~u rm in.urencr p,~l~~~~. ti:rn ~n tur.r .hall p.,.. i~~ ~hr ~ur,he.r: „i c~.~rtrr. lh) T.~ prU~wm, c~wnply vr~tA ~nd ah~dr A~ ca:h and r~rn ~he .t~pul~t~•~n., agnrmrnt., .,~nS~t~„n. .,nd .~~trn~r.t. ~n ..,i1 pr,.rc...~~n note and in th~. derJ .rt fwtA. 1 TAat d any uf ~a~d sum+ ul n;.mr~ hc~cin rctrnrJ '+r nut pr.•mp'i~ .,nJ t~,!!~ p.~i,: ~~h~r: ~~t~. rn .:a~. nr~t .~ttc~ the s~mt ~t~e~a11Y berumes dur and pa~'ahlr,~v ~f re.~ .~nJ r~rr~ thc .+~pulet~„n.; .~~n rr.i.r.!., ._-...:.,n. ,,nd .~~~rn~nt. ,.t .:ud prom~.. sixy nolt ~nJ lhu detd. ur e~ihCr. arr nut lulh pr~tnrrr.cd. .~~mpl~rJ ~+ith ~n.! e~~~drd ti~, thr .a~~: .~r:e:~rF~tr wrt: mrnuonrJ tn .r~d prumissor) nutt shall bec.wne Jar ~nd n~~~blr t,xth.~~h ~~r thrir~ttcr •t thr ~~pti.,n .,t ihr V.~et~:,~:; o~ !uL'~ .~nJ c~~mplrt~•1> r. ~t thr :a~d ag~rt~ate ~um said pri~mi..u~~ note •~e~ ~~ri'~nail~ .tipu!;,~rd h~ hr p~id ,.r. .,,.h d,.>, .inythicw m»~~ pr~~tr:~..~~r~ n,~~c or Aer~in ta thr :on~~~ry not~~thitand~n~x. li? Ths~ ~n order tu ~cctltratt tAc mawrity ul thr indcbtcdnr.. hrrch~ .r.uerd. !':~~u.r .•I th. :nilwc .~1 ~hr ~1,~itf~g,~~ pa> am t,,~, rc.r..;ment, I~aA~lu~. obl~~tehan ~~r rn~umh~anct upun .a~d prrpr~n. r. hr~r~n p~,~~~Jrd. ~i .h„1 m,~ nc n.•.r...~n r.•yu~.~te that thr mor~Eagee shall fu.~ ~uy the sam~. The \lurtgagee may, at h~s upUun, and without wai~•ing hi~ n~ht ti~ ac~el~ratr th~ indebt~dnesx hereb~ .rrured and to forecluse the same. {~a~• e~ther before ut :~fter d~l~nqu~ncy an}~ ~u all af thu~e certain obligatiuns rcyuir~d hy the terms hereof to br {~aid b>• the \tortgagc~r f~r the ptotecuon of the m~~rtgage securit~ ~~r fot the col- Icctian ~~f the indebtedness hcreb~• secured. All ~ums s~~ ad~•anced ut paid h> thr \turtgagee tihall be charged ~nto the murtgage account anJ btcome an ~ntegral part there~~f, suhject in all re~pert+ tu the t~rm., r~~nd~tiuns, and covrn:~nts of the atoresa~d prum~ss~~n nutr, and this muttgagc, as full~ an~ tu th~ same txtent as though a part of thc original indebtedness e~•~denced by sa~J note and secured b> thi~ murtgage, excepting hoaevet, that .aiJ ~ums shall be repaid the \tortgagee furth~~ith upun ~ts demand ~nd be in add~tiun tu the regular munthly ~n+tall- ment~ provided by the mortgage note. . . 3. That the ahstract ur abstracts of title co~•enng the m~?rtgag~d pmpett~• shali at all times, dunng the life uf thi. mottgage, remain in po.srss?on of the ~iottgagee and in e~~ent ~~f the f~~r~cl~~sure of thiti mortgage or other tran~Czr of title ta the mortgaged ptopetty in ext~ngwshment of the indebtedne~s secured hereby, all right, utle and interest of the \lattgagar in and to any such abstracts .~f tiUe shatl pass to the purchaser or grantee. ~i. To the extent of the indebtedness of the ~tortgagor to the \tortgagee descrihcd herein or s~cured hereby. the \tortgagee is hereb~~ subrogated to the I~en or I~ens and t~~ the r~ghts of the oaners and holders thereof of each and tvery mortgage, lien ot other incumbrance on the IanJ described herein which is paid and or satisfied, in whole or in part, out of the pmceeds of the loan described herein or secured hereb~~, and the re~pecti~~e liens of said mortgages, liens or other incumbrances, shail be and the samr anJ ~ach ~~f them hcreby is pres~rved and shall pass to and he held by the \turtgagee herein as security for the indebtedne~s to the \tortg:~gee here~n described or herebr secured, ti~ the same extent that it ~ould ha~•e been presen•cJ and would ha~•e been passed to and been hcld b}~ the ~k~rtgagee had it been dul~ and regularl~• assigned. transferred, set over, and delirered unto the ~1ort- gagee b}• separate deeJ of ass~gnment, notKithstanding the fact that the same ma~ b~ satisfied and cancelled of record, it be~ng thz mtennon of the parues hereto that the same v?~11 be satisfied and cancelled of record b~• the holders thrreof at or about th~ ume of the recording ~~f this mortgage. 5. In the rvent the ownership of the mortgaged premises, or any part thcreof, b~comes ~•ested in a petson ~~ther than the ~k~rtgagor, the ~tortgagee may, without notice to the \lurtgag~~r, deal with such ,uccessor or suc- ressars in ~nterest Nith reference to th~s deed and the debt hereb}• ~erured, ~n the sam~ mannrr as ~~ith the \tort- gagor w~thout ~n am• way v~uating ot d~scharg~ng the ~lortgagur'~ liab~lit}~ hereunder or ~upon the debt hereb}~ secured. No sale of the premises hereb>• mortgaged and no Corbearance an the part ~~f the \lortgagee, and no rx- rens~~~n of the time for the payment of thc debt her~b}• secured given by the \lortgagee shall operate to release, d~scharge, modtfy, change or affect the original Gab~lity ~~f the \lortgagor herein either in w•hole or in patt. 6. The lien of this deed secures and shall a~nunue to secure pa~~ment ~~f said i~debtedness or indebted- ness, however eviJenced, whether b}~ said pr.~m~ss.~n~ note ot am• reneWal or extensi~n thereof ur sub~tiwte there- (or, or otherw~se. unt~l all such indebtedness shall ha~•e been (ull~• paid_ 7. In l~tQ Pl'CRf lllF mort,~uRors sell, con~•e?• o? !?uns(er thr mclrtEa,Fe~d premises during li:e l~fe of thts mort- Eu,qe. thcn rhis mortgnge shall, ur the optiun nf the 1fo?tkaxre• he?ern, hernme ?mmedint~ due arcd payab(r for ~he i full sum of the pnncipal halance and inte?est then due. ! R. The te:ms "!1lortgagar" and "\tortgagee" whene~•er used in ~his ?nstr~ment shall ~nclude the heits, ~ persc?nal tepresentatives. successors and 3cti~gn~ ~f the resp~ctive ~ar[ie. heret~~. Nherever used the singular ~ number shall include the plural and the ptural thr ~~ngular. and the u~e ~•f an}• gender >hall ~nclude all genders. 6 ~ ~ , A t E Signed sealed and del~~•ere in thz presence of: ISeall i ) I ,t~c~ < r s~stt~ 1 _ (Seall STATE OF FLORIDA I ~ „ ('OUNTY OP.k~!~~~Gl~ € Bsore me petsonally appeared JULIA PARRIS, an unmarried woman ~ to me well know•n and knoven to me to be the ~ndiv~duals descr~bed ~n and ~•ho executed the foregaing ~nstrument. ~ and acknow•ledged before me that the~~ exeruted the ~ame for the purp<~se. therein expressed. 1YITtiESS my hand and offic~al seal in the Count~ and State last af~re~aid this 17t~'1 DS~1 of June, 1972 4' t 4; ~ ~ cr7 • ' ~ ~1}• Commiss~on etiP~r~s: June 30 ~ 1975 tiotary Publ~r. Stat~ ~~f . ~ _ ~ FILEO ?L~O~OED . ~ ~ - . ST IUC~i ,:C;:tiTY FLA. _ ~ ROG:; : . ~~:_~4~ CL~F.~. ~ i,OURT ~ -~'T ~ - . _ , ~ Rf.^.t;~ ~ _ ~UN 22 L 25 P~1'IZ ~ - - aooK 203 PAGE 174~ ~ 23195~ ~ ~ ~@-'~ --~.,ti~- .~.,.r~-'' - ~ ~ ~s,. . ~ ° ~-'~`~~f _ t x . ~R _ ~~r . . . _ . ~ -