HomeMy WebLinkAbout2755 TI?~t ~a~ ul w~J ~uau ol iaun*r he~e~n ref~?ted ~o be not p~omp~lr ~nd fullr p~~d ~~~hin thirty ~30~ d~7r~ ue:l
af~~r tbr a~un• ..•~~~~Ilf b~~mar~ du~ and pay~ble, o~ if ~~~h ~nd .~~?y ~h~ ~lipul~l~on~. ¦~r~~m~nlw ~onAi~ion• ~nd rovtn~nu of wid
p~.m~~..ur~ u,H~• aad ~h~• J~rJ. u~ r~lhrr. •r~ nol ~ully prr~ern~~il~ ~uo~ple~d with ~ad •hulyd hy, or if p~yoirau ~r~ alluw~d Io I~r~eme
~l.luu~urn~ u~~.~n ~ny ynur rnrutunb?~n~~ ~ArHinR Ih~ p~uprtty hrrr~n eon~~rnrd. ~h~- ~y~d ~~Rr~ql~ ~utu mrnlinnrd in qid prom~~sory
n~~a• .hall 1..~,~u~~• Jur ¦~d par.bl~ (onhwi~h ot ~h~rrd~~r u ~h~ ~~ption of ~hr \tn~~s~tr~ a* fullr •nd ~~m~plrtrlr il ~h~ aid ~R~?r.
~t~~~ .un~ uf •a~d pnun+u~.r~ no1~ ws~ n?iRinillr qipul~led 1o IK pai~l on •u~h d~y. ro~thinR ~n aaid pruw~uor~~ nul~ o? h~r~in In Ihr ~om
~~~r~ m~~w~tl~>~au~lu~R
U 1 Tlut in orde~ i• ~e~eler~te tbe m~t~.i~r tbe indebtedsa~ hcteby ~ecu~ed. becawe of t6e (~ilu~e of tM ~[o~tp~K t~ p~y ~
~as. u~eun~en~. li~biti~r. oblir~tiw ~r encwnMabce ~poe asid Pwpenr. p bereie p~ovided, il dull not'be ~eeeaa~r K rea~i~it~ tlNt
the mon~~ee sh~ll 6~at p~y ~be wme. -
2. The ~lortgagee~ may. at his option. ~ad without waivio6 his right to ~ccelerate the indebteclae~s herebr
~ccured aad to foreclo~e the ~ame, pay either be[ore or after delinqueac~• an or all 01' tho~e cettait~ obli6,atiaa~
required by the terms hereof to be paid by the Mortas or for the protection o~ t~e mbrtgage ~ecurity or (or the oollea
tion of the iadebtednea hereby secured. All suau w a~vanced or paid by the hiortgagee ~hall be charaed iato tbe
mort6a6e accou~t and becomc aa integr~l part thereof. ~ubject ia all reapects to the term~, conditiotu. and ooveaant~ ~
oi the a[oresaid promisuorv note. aad thi~ mortga 6e~ ae fully and to the aame e:t~nt as tliough a part of the o~pnal s
indebtedaeM evidenced by said note and secured by this mortgage, exceptin6 however, that wid surtu shall be rePud ~
the Motigaaee forthMith upon ib demand and be ia addition to the regular monthly iast~ll~nettb provided by the i
mort6a~e note.
3. That the abatract os ab~tracta of title coverin6 ibe mortgaged property shall at all times~, durin6 the 4te of
thi~ mortga 6e, rem~in in pwae~sion o[ the Mortgagee and ia event oi ihe foreclosure of this mortgaae or ot6u trander
ot title to !he mortgaged property in extiaguuhmeat of the indebtedaw eecured hereby, all ri6ht, title ~ad interdit
o[ the MoTt6a6or in and to any such abstracta of title ahall pass to ihe purchaeer or ara~tee.
4. To the extent of the inde6tednees o[ the Mortaagor to the hiortgsgce deecribed hercin or ~ecured 6ereb ,
the Mon6agee ii hcreb~• subrogated to the lien or liens and to the ri6ht~ of the ownen and hoZden thereof of ~
and every morta~6e. lien or other iacnmbrance on t~e ):nd deecribed henin wliich is paid and/oe s~w6ed, in whole
or in patt, oat of the proceeda o[ the !wn desccibed herein or secured lieteby. and the respective lieas of ~aid moe'tr
~~6e~, liens or other incumbraace~, ~halt be and the ~ame and each of them hereby u prenerved and ~hall w to md
be hcld by the Mortgagee herein as security for the indebtedneas to the Mortaa6ee herein de~cribed or hen~ aecur~ed~
to the same extent that it would.have becn preaerved and would have betn pa~eed to and been held by the Mortaaaee
had it becn duly and regularly aeeigned. transferred. ~et over. and delivered unto the Mottgagee by ~eparate deed oE
usi6nmen~ notwithitandin~ the fact that the ~ame may be satis6ed and cancelled of record, it bein6 ihc intention o~ the
partid hereto that the ~ame will be satisfied and caneelled of record by the holden theceot a! or about the time of
the cecordin6 of thiu mortgage. ,
S. Ia the event the ow•nenhip of the mortaaaed preani~ea. or any part thenof, becomes vestcd in • pcnon ot6er t
than the Mortaa6or. the Mortgati.~e ma~, without notice to the Mortgagor, deal with such succe~wr or sucoe~wn in
interest with teference to this deed and the debt heseby secured. in the same rrnanner as with the Mortgagor witbout
in any way ~itiatiaa or dischar~in~ the MortEa6or'~ liability herennder or upon the debt hereby secured. No ssk of
the premises hereb}~ mort a~cd and no forbearance oa the p~rt of the Mortgaaee, and no exteneion of the time for the
payment af the debt here~~- cccured itivea by the Mort6asee ~hall operate to rclea~e, discharge. modify. chaa~e or aflect
the on6in~1 liability of the ~iott~agor henin eithcr in rvhde or in pari.
6. The lien of thi~ deed eecure~ and ~hall coatiauc to ~ccure pa~ment of ~aid indebtednees or indebtednw,
however evidenced, whether by said promiaory note or any renewat or extension thereof or suhstitute theretor, or
othetwi~e. until atl auch indebtedncse shall hsve been fully paid.
In tl~e e.~rnt the propett~- encumbered by thie mortRage ehail become involved in any condemnation pro-
ceeJinRR, tli~~ holder of thi~ mortRage shatl become entitled to defend an~ euch action, and the title holdtr shall be .
liabte for all co~ts and attornev feee incurred in connection with eucl? defense. the eame to be fixed and aet by the
cundemnali~?n jury, and the holder of thie monRa~e ehall be entitled to receive anv award made in-euch condemnation
F?roceedinKa for the property~ taken, euch eum when paid to be applied to a reduction of the mort~a~e indebtednes~.
8_ Tl~e {~older o( this mortRa~e a~reee to promptly furnieh upon ihe written tequest of the mort~agor. hia hein
or aasiRnR, or a~torne}•. a statement in wtiting of the principal balance due upon this mori~[a~e, as of any apecified date.
9. T{~e terms ")lortRa~tor" and ";11ort~CaRee' whene~er used in thie ioatrument sl~all in~lu~:P the heirs. personal t
repreaentati~e•, succe6aora and aeeigne of the reepective parties hereto. Q'herever ueed.the ainRular ::umber ehall include
the plural and the pturai the RinRular, and the uee of an~• Render shal) include all gmdere.,
; 10. This is a f ilst mort~age upon the abo~•e described propert~~. ~
; r
~ IN WITNESS WHEREOF, the ~aid Mort{~a6or hereunder set~ band and ~eal at Miami~
~ Dade County, Florida, the d~y and ~ear first abo~•e written.
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: Signed. sealed and delivered ~/`~%Gt~~~ - ($e,u,) {
' in e prneace of : S A. FRP~NKE
~ ' " . _ . . . . . . . _ _ $s~u.)
~ ! LEfl t,M;: ~F+~;~~OEO '
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_ . t. f~. tiK3fE C9t~MTY fLA.
: kG6fr ~~~Trt~S._ . ~ . (~+?L) ;
~ ~LEFK ~.;uf* C9URT
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? STATE O FLORIDA ~ ~ ~4 P~'~~
t ~ M
` COU;VTY OF DADE 55 ~V~t~,4
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Be[ore me petsonall~ appeared ~~jS A. FRANICEL ~
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- to me w~l) known and known to mt to be the individuals deecribed in and who e~ecnted the foregoing instswmeny and
a~knowl~dged before me that they executed the same for the putposea thecein exprewed.
W17'tiESS my hand and oificial seal io the County and St~te la~t''t(~e~~~t~hy da~ oi
> ~L : Sl'~'
; July . A. D. 19 73. T4fi'::
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~ ~t~ I:~mmiFai~~n Expire~~ _ !~iotary f'uMi6~ ~-ir~0l~.d3
f ' Notar~ Public Siate o~ Florida at Largd ~ ~•t~'
; ~ N~~t.~r~ ~~•.~1 i My Commis,ion E:pires May 12, 1974 • F~'~••••~;
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