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Our file 5-26,553
this nwtt~~~e ar other t~~ester ot t~lle tu the mort~a~ed property ~e exUn~wshmoM u~ ~Ac ~nJeAtrdne,a .t.urod hrrc?+?, ell :i~h~, title
and in~etest ot tAe Aiot~~a~or m and to any ~nswance pulic~es tAee in force shali pass iu ~he purcA.~er ur ~raneee.
lh) To perfore?, caaply rntA snd ab~de by e~cA and every t!?e aupula~iuns, a~recmcnts, conJ~t~~n. ead co.rnrn~. in .r~d prum~.~.~?y
note ~nd in 1A~a deed aet (orth,
(i ) That it ~ny of said sutaa of money heiein re(er~ed to De not promptiy ~nd (ully pa~d r uhin i~(~rrn d.~>. ne.~ af~er
the ssme severally becoa?ta due snd paY~b~~.a it qch snd every the sUpulatioos, at~eemcni,, c~md~~~on. end co.enani. ~~f .aW prum~.-
say aote and this detd, or tilher, are not tuity pe~formed~ comphed w~eh aixt a~~dcd by, the .a~il aggrrga~r sum menuonrd in sa~d
pomissory note shall becaae due am1 payable fath~nh a thereafter at the optlon ot the ~iwt~a~re as fully rnd coapletel~ as the
said a«repte sua~ o( said prom~ssory note rrss on~~nally stipulaled to be paid on such d~y, anytfi~r.6 in sa~d promis.ory note o~ Aere~n
to the contrary aohrithst~ndin~,
(j ) That in otder to atceletate the matun~y of tAe indebledness hereby secu~ed, becausr uf ~hr fa~luce of the \tu~~gag.~r ~o pay any taa,
assessment, lia0ility. obli~ation a cncumbranct upon said ptoperty, as he~ein prov~ded, ~t shal! nat be nt.r~.ary .x trqwsi~e that the
mort~a~ee slull tirst pay the same.
2. The Mottgagee may, at his option, and without waiving his right to acceierate the indebtedness hereb}• _
secured and to ioreclose the same, pay either bafore or after delinquency any or all of thase certain obligations~
required by the terms he~eot to be paid by the Mortgagor for the protection oF the mortgage security or for the col-
lection of the i~debtedness hereby secured. All sums so advaaced or paid by the \1o~tgagee shall be charged into
the mortgage account and become an integral part thereof. subject in all respects to the terms, conditions, and
covenants of the aforesaid promissory note, and this mortgagc, as ~ully and to the same extent as though a part
of the ori`inai indebtedness evidenced by said ~ote and secured by this martgage, excepting however, that said
sums shall be repaid the (~tortgagee fotthwith upon its demand and be in addition to the ~egular monthly install-
ments pmvided by th~ mortgage note.
3. That the abstracl or absuacts of titte covering the mortgaged property shall at all times. during the life
af this mortgage. remain in possession o[ the hlortgagee and in event of the foreclosure of this mortgage or other
traosCer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title
and interest of th~ Mortgagor in a~d to any such abstracts oC ietlt shal! pass to the purchaser or grantee.
4. To ihe extent of the indebtedness of the Mottgagor to the A1ortgagee described herein or secured hereby,
the Mortgagee is hereby subrogated 1o the lien ot liens and to the rights of the owners and holders thereof of each
and every mortgage, lien or other incumbrance on the land described herein w~hich is paid and or satisfi~d. in
whole or in part, out of th~ praceeds of 1he loan described herein or secured hereby. and the respective liens of
said mortgages.liens ot other incumbrances. shall be and the sam~ artd each of them hereby is preserved and shall
pass to and be held by the Atortgagee herein as security for the indebtedness to the \lortgagee herein described
or hereby secured. to the same extent that it would hav~ been preserved and woutd have been passed to and been
held by the A1ort~a~ee had it been duly and regularly assigned, transferred, set over, and delivered unto the Mort-
gagee by sepacate deed of assignment. notwithstanding the fact that the same may be satisfied and cancelled of
record. it being the intentio~ of the parties F~ereto that the same wiit be satisfied and cancelted of record by the
holders thereof at or about the time of the recording of this mortgage.
5. ln !ht event the ownetship of tht mortgaged ptemises, or any patt thereof, becomes vesteJ in a person
other than the Mottgagor, the ~lortgagee may, without notice to the ~lortgagor, deal with such successor or suc-
cessors in interest with reference to this deed and the debt hereby secured, in the same manner as with the \lort-
gagor without in any way vitiating or discharging the Mortgagor's [iability hereunder or upon the debt hereby
secured. No sale of the ptemises hereby mortgaged and no forbeazance on the part of the 1lortgagze, and no ex-
tension of the time for ihe payment of the debt hereby secured given by the ~lortgagee shall operate to release, •
dischatge, modify, change or affect the original liability of the A1artgagot herein either in whole or in part.
6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted-
ness, however evidenced, -whethet by said promissory note or any renewal or extension theteof or substitute there-
for, or otherwise, until atl such indebtedness shalt have bee~ fully paid.
7. In the eveat the mc~tgago~s sell, convey or transjer Jhe morlgaged p?emises during the tije oJ this mort-
gage, then this mortgage sha!!, at the option oj the Afo~tgagee he?ein, become im?nediately due and paya6le Jor the
jull sum oJ the principa! 6alance and interest then due.
8. The tetms "Mortgagot" and "Mortgagee" whenever used in this instrument shall include the heirs,
p~rsonal reptesentatives, successors and assigns of the respective parties hereto. 14herever used the singular
number shall include the plural and the plaral the singular, and the use of any gender ~hall include all genders.
Sig ed, sealed ive d i e presence ~of_ ~ e- , (Seal)
f LEO A ~ RE
i~.WCI~C4U~ ~ (Seal)
t*c..C~ • y sc~d
RECORO VER~
IEO ~~i ~~~i~
~ 4
STATE OF FLORIDA i ~!~t 11 3 ~z PM ~T
COUNTY OF j ss A~
ST . L~ ~ . / (.G
Before me personalty appeared JOSEPHINE C. DILLER, an unmarried woman,
to me well knov?m and known to me to be the individuals described in and who executed the foregoing insttument,
and acknowledged before me that they eaecuted the same for the purposes therein expressed. W(TNESS my hand -
and official seal in the County and State last aforesaid ti~is 3rd Day of Mareh, 1973 ~
, `:p; : rp_-.' ~ .
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~~t~~,,'~`J U!f ~~i~~~~; " '
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~fy Commission Expires: June 3O ~ 1975 Notary Public, State of FlOr~d1;` '
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~ r•"~'u~~ COUf~ ~%'~r•.~
aECO~~ YrN'flC~ ' 1 ~~'•.,'~~1J„~N'~~~~~o .
M~ 20 ~4 4M ~3 ~OOK ~1~ PAGE ~
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