HomeMy WebLinkAbout2452 Our file 5-25,882
lR~? mot~`age ~x o~Ae~ tt~n.ic~ ~~t t:slr t,~ p:.~pc~n in r~i~nau:.t~•r.cnt ..t tt.~ ~r.,lcAtcdnr.. .r.wrd hrrrn~. ,il n~h~. t~tlr
oOd ~pllft~l u~ ~h[ \~O(Ig~Q~rt tn .:1.1 t.i am in.u!an.a ~~...~r~ !h~n ...~i .h~li f+.i.? !ht' pu(~hd~ff g~anttr.
(RT To prrl~xm. canply w~~lf ~n1 e'•~dr ~n,! .-.ri, tY.c .~~p~;~t~.~n., ~d'.C.T.[f!I~, lJIlJilf~~11~ sn~3 ~~.~tnen!. in .e~1 prom~~~or~
m~~t rnd m th~n decd ~rc 2uatA.
1 That d any of sa~d ~um. ui n:, r.r~ nr~r:~ rr_,! ~ n.~t pc.~n,pih ~nJ tu!l~ p.ud ~.:th~n ~if~rrn d~~. nt~t .~trc~
the ~emt sevcrally beromc~ d~r ana pa~.i~ir,,~r rt~...h :~nd r+rr~ thr .:~pulat~~,n., s~irrmrct., „n,:iuon. ~nd ;o~rnen~. ut .a~J p~om~.-
SMy Ifi7t! ind lAli d~rJ, ur r~liirr. ~rc [;.~1 tuil~ ...~~~:rd, ..~mplta•d ~~:h ~r.~ ,~nidrd b~, 1hr ~a~d e~tKrr~ala tium mcnlt.~~rd 3n n.~ld
~uum~s~otY no~e shail be~.~me dur .sn.i , e,.,~:: r:i:,~.,,'h ~ . ~h.:rnt!rr a: ihr .~pc~.,n ,~i ~hr ~U,;tgagrr a. tul;~ .~nd :umplrtrlc ~s ~t thr
u
s~~d aE~[eRate sum ot ~aid pt.a~n..~n~ n,~tr •x.,• ,,r:~,::.~::~ .t~p,i!~'rd '~~'+c• {~aid ,~n .u.h d.)'. an)th~nK ~r. ~~~d p7orr.~.~~x) n~~tc or hereir.
to ~ht corttra~y not~~ih~und~ng.
IJ1 ihat m order to ~:relerate ;'.r r.a;:.r:*~ ~.t ihc :r..i:~~•; :nr.. hrr:by .r.uc;d. !..eu.r .~1 ±hc tailu~r u! thc \t~~~t~ag.•~ t•~ p~~ any te~,
rsse.sme~l, IUb~1H). .~bl«;ati,~n ..,......^e_n.r up,~ii ,.,t,rf!~, e. nrr.in pr~,~~dcd, it .n~:l not bt nr:t...+r~' ~~r r.yws~tt that thr
muuEagee shall (~rs~ pay the ,~m~•.
2. Thr ~lortgagee ma~. at his ~~ption, an;! ~~ithe~ut ~~ai~ing h~~ ~~ght t~~ accelerate th~ indrbledn~~s hereby
secuted and tu forecluse the sam~. ~ith~r hefot~ .~r after delinqiirnr~~ any or all of tho,r rerta~n obligat~ons
required by thr terms hereof to he j~:u~ h~• thr ~.i~~rtgag~~r f~~r thr nrut~ruon uf the mortgage serunt~• c?r for the coi-
le~tiun of the indebtedne~s hrr~b~ ~ecur~.l. ~111 :um~ s~~ aJ~ an.:ed ~~r paid by the ~lortgagee shall be charged into
the mt~rtgage account and b~c~~m.: an intrgtal ~~art thtrc~~f, sub~rct ~n all respect~ to the teYm+, conditiuns_ and
cut•rnants of the aforetia~J pr~~nu~sur~ nutr. an~i tlu. mortgag~, as full~ and to the same extent as thaugh a patt
of thc orig~nal ~ndebtedness r~•~drnr~d b> .ai.i n~~tr anJ sc.urcd 'n~ this mottgage, e~cepting hoK~ever, that .a~d
sumc shall be ttpa~d the \t~~rlg:?gte frrthaith u~~~n ~ta .lemand ~n3 bc in addit~on w the regular monthly install-
ments provided by the mortgage nute.
3. That the abstrart ~~r ab.trart~ ~~f utl~ ~u~~enng the m~~rt6aKrd pro~trt~• shall at all times, during the life
+~f th~~ mottgage, rema~n in {?c~„~,.~u~ oi the ~t~~r[gab« and in e~•ent of the foreclosure of this m~~rtgage or other
ttans(tr of title to thz mortgage~ prupcrt} ~n e~t~nguishment of the indebtedness secured hereby, all right, title
and interest of the ~tortgag~~r in and tu am ;urh abstracts uC t~tle shall pass to the purchaser or grantee.
J. To the extent uf the ~ndehtrJne,~ ~~E the ~l«rtgagor to the \lortgagee described hetein or secured hereby,
the \tortgagee is heteby subrc~ga~~d to the tien or I~en. a~d t~~ the rights of the oN•ners and halders thereof of each
and every rtwctgage. Gen or other ~ncumbrancr un thr land dcticrib~d here~n which ~s paid and'or satisfied, in
whole or in part. out ot the r:~~ceed, of the luan de~rribed her~in or secureJ hereb~•, and the respective liens of
said mortgages, liens or other ~nrumbrance~. ~hall b~ and the same and each uf them hereby is pteserved and shaU
pass to and be held by the \I~~rtgagee herrm .i. ~ecunh~ !or thz indebtedness to the ~lortgagee herein described
or hereby secured, tu the sam~ extcnt th:~t it ~~~~uld ha~~e hcen preaerveJ and Woutd have been passed to and been
held by the ~tartgager had it he~n dui~ and regutarly a~s~gned, tsansferred, set over, and delivered unto the ~1ott-
gagee b}• separate deeJ of a~~ignment. not~ith~~and~ng the fact that the same may be satisfied and canceiled of
record, it being the ~ntenuon ~~f the ~arues hcrrt~~ that thr ~ame ~+~1! he satisfied and cancelled of record by the
holdets thereof at c~r about the t~me ~~f the rrcord~ng ~~f this mi~rtgage.
5. in the e~~ent the o~~n~r.hip .•1 the mvrtgaged premisex, or :+n~• part thereo(, becomes ~~ested in a petson
~~ther than the ~iortg~g~~r, the ~l~~rt~agee ma~. ~~ith~~ut n~nre tu the ~tortgagot, deal with such succestior or suc-
cessors ~n interest with refet~nre t~~ th» dred and the debt her~by ~ecured, ~n th~ same manner as v?ith the \turi-
gagor ~~~thout in am- Wa~~ ~~it~~ting or di~charg~ng the ~lurtg~gor's t~ab~lit}~ heteunder or upon the debt hereby
serured. No sale ~~f the premi.e> her~b~~ m~~rtgaged and na f~rheerance on the part of the \iortgagee, and no ex-
tension of the ume Cor thr pa~mznt ~~t the debt hereh~ secured gicen by the ~tortgagee shalt operate to reiease.
discharge, modify, change or af(~c~ the ~~nginal liabil~ty ~~f the ~turtgagor herein either in w~hole or in part.
6. The lien of th» deed secucr~ and .hall c~~ntinue to secure pa~~ment of said indebtedness ot indebted-
' ness, howevet cvidenced, ~hrth.r h~ said rm::us,or}• n~te ~ir~ r~n~~~~ct~~~~ ~pu~p~u~~~
'i tor, ur otherv?~se, until all such indrbtedne~s ~hal! hs.•e been u~~v p~a.2~ Q/~~ ~q
~ 7. ln Ihe et•c•n~ the murl=uenr.. sc~ll, i oni eti i~r ;rurtsfe~hN`~itMY~d~'?~ ~ttri~~t~/t~h~e~j`ilft~"T?i~R-
I ~aRe. then this mortgaqe sh~11. at titr> nptic>n r? thc 1lort~ci~~•c~~t~~tbqEXl~lelCCtS~t~tt~8f1e6~ndfP~le1~ i~
` full sum of the pr~ncipaf haiurrr und intc !est th~~n due_ i~ m~a~@
i . an en m.ad b F o~t e nd
8_ The terms "\tortgagot'~ and "\1~~ctgagre~ whene~ r se in is ~ns cu en s alf ~ ~ de the e~rs,
~ per~onai representati~•es, surce~~~•r. and a.~ign~ ~~f the rebp~i~~ ~Itii~Of~g~E- 1~~herever used the singular
number shall include the plura! and thr ~iur~i thr .+r.gular. and the u.e ~~f am gender shall include ail genders.
~
~
Si d seale i•ere n the re~rnce ~t: ~ (SeaU
~ 8 . P
~ (Seai)
u.c.~v -
~
~ STATE OF FLORIDA ~
~
~ cot,t~
Before me Personally a~~eared ROBERT LEE MAYS and DOROTHY MAYS , his wife ~
~ t~ me well known and knoan to me to be the ~ndic~duals descnbed ~n and who executed the foregoing ~nstrument,
` and acknow•ledged before me that [hey exeruted the same for the purposes there~n expressed. WITNESS my hand
and off~cial seal in the Count> and State la~t af~~rc~aid th~ti 2nd Day of December 1972
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~ fi
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~ '1 ~U1
f - h~' ~ 'yy _
~ June 30 1975 Florida a~:~" o:
~ ~1y Cc~mm~ss~on Fxpires: ~ _ ;\~~tary Publ~~. State „t :
~ _ . - 0. ; ~
FILEO 1.N±~ RECOROEO " ' ~ ~
~ ST_ LUC?f COUNTY FIA. ' Y '
` .``~',.`;~;Dy~`•y
ROGfF. F~itR~S ~ ~ '
~ CLERK Ct-.CUit COURT ~ • .Q'. ~
RECOr~.D VE°.~~i~0 ~1 •~•H d' *
~ o~ 7 i~ 04 aH ~~t
~
~ 243290 eooK2Qg PAGE2452
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