HomeMy WebLinkAbout1941 Fila 5-28,955
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~h~. ma~~Ka~tr ~w othr~ uan+lri ut UUr ~hr mu~tKated pope~ty ~n cu~n~u~~hmen~ ul 1h< ~ndebledrtcc~ ~ecwed hero~y, ~tl r~~ht, utte
~~J ~nu~r.t ut ~he ~1~•r~~~~u~ ~n ~nd fo any mcurancr ~wl~c~cc ehcn ~n (o.ce aAsll pa~s lo ~he purchaser or ~un~ee.
IA1 Tu prr~~vm. ..vnply ~•~~h and ab~Je b~ cach and evtrY the s~ipulrt~cu~s. asreements, cond~uoa> and tovenan~~ ~n sa~d prutm~so~y
notc ~nd ~n ~h~. drrJ .r~ (or~A. ~ • ~
) TAa~ d any of ~a~d sum. u1 monry here~n rc(crrcd to be nut promptly and (ully pa~d ~Uhm (~heen days neat a(ter
tht csme .ever.lly Dr.omes due and paya~le,~x ~t each and every thc tt~pulauons. ~~reemcn~c, cun,i~quas and cortnaM:: ot sa~d praa~s-
say note and ~h~s dreJ, or e~ther, are not (ulty peitamed, c~aaplied wuh and aE~ded Ay, the sa~d ag~re~~te sum ment~oned m said
pwmssury note shall bec.xne due ahd pa~~~le forthn~tA w thereattet at tAe opUw~ of the \1orlRa~ee as (ully a~d compfetely as ~f thc a
.a~d a«re~ate swn ot said prom~s«uy ~ote wss on~~nally supul~ud to be pa~d on such dry, zr.~•tA~n~ ~n sa+d prom~ssory note w here~n }
, ~o ~he rcx~trary no~r~thseandm~.
V 1 Tha~ ~n Mder Io ~ccelaste ~he mawrNy u( the ~odebtednes~ herchy secwed, b~~~use o( lAe (a~lu~e ot ihe ~1at~a~o~ w pay any ta~,
~s.e.sment, lub~lity, obl~~at~on or rn.umbrance u~n sa~d p~operty, ss he~em prov~dtd, u shall not be neces~a?y a reQu~s~te that thc ?
m~xi~aEee sAall fuct pay the same. ~
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2. The \lottgagee may, at his opt~on, and without wa~ving his right to accelerate the indebtedn~ss hereby
secureJ and tu foreclose the same, pay eithe~ before ~r after delinquency any or all of those cettain obligations
required bv the terms hereof to be paid by the Mortgagor for the ptotection of the mortgage secut~ry or for the coi-
lection tht irxiebtedness heteby secuted. Al! cums so advanced or paid by the !1~lortgagee shali be chatged into
the morigage accouni aod b~come an ~ntegral part thereof, subjoct in ati respects to the terms, conditions, and
cuvenants oG the af~resaid pmm~~sory note, and this mortgage, as fully and to the same cxtcnt as though a part
of the ariginal indebtedness ev~denced by said oote and secured by this mortgage, excepting however. that said
sums shall be repaid the ~lortgagee forthwith upon its demand and be in addition to the regulat monthly instali-
ments provided b~~ the mortgage note.
3. That the abstract ut absttacts of title eovering the mortgaged property shall at ali times. duting the life
u( this m~~rtgage, remain in possession of the Alortgagee and in event of the foreclosure ot this mortgage or other
transfer of title to the mortgaged propetty in eatinguishment of the indebtodness secured heceby, all right. title
and interest of the \lurtgagor i~ and to any such abstrac~s of title shall pass to the purchaser or grantee. -
To ~he extent of the indebte~ness of the l4Mrtgagor to the \lortgagee described herein or secured her~by,
the ~tortgagee is hereby subsogated to the lien or liens and to the rights of the owners and holders thereoC of each
and every mortgage, lien or other incumbrance on the lund described herein virhich is paid and!or satisfied, irt
whole or in part, out of the proceeds of the toan described herein or securtd hereby, and the r~spective liens of
said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall
pass to and be held by the tilortgagee herein as secu~ity for the indebtedness to the Mottgagee herein de~cribed
or hereby securtd, to the same extent that it would have been presecved and would have been passed to and been
hetd by the \tortgagee had it been duly and regularly assigned, transferred, set over. and delivered unto the hlort-
gagee b~~ separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of
record, it be~ng the ~ntenuon ot the patties hereto that the same will be satisfied and cancelled of record by the
holde~s thereof at or ahout the time of the recording of this mortgage. -
S. !n the event the ownership oi' the mortgaged premises, or any part thereof, becomes vestcd in a person
oth4r than the \k~rtgagor, the \lortgagee may, without notice to the INottgagor. deal with such successor or suc-
cessors in interest N•ith reference to this deed and the debt heceby secuced. in the same mannet as with the Mort-
gagor w•ithout in an~• way vitiating or discharging the Mortgagor's liability hereunder o~ upon the debt hereby ~
secured. No sale of the premises hereby mottgaged and no fotbearance on the part of the Mortgagee. and no ex-
tension oC the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release,
discharge. mcxiify, change or affect the original liability of the Mortgagor herein either in whole or in part.
6. The lien of this deed secures and shall continue to secure payment of said indebtedness ot indebted-
ness, how•ever evidenced, whether by said promissoty note or any renewal o~ extension thereof or snbstitute there-
for, or otherw~se, until all such indebtedness shall have been fully paid.
In the e~•en! tl~e morlRagors sell, convey or t~ansJer the mo~tgaged prernises during the lije oj this mort-
qaRe, then this mortQaRe shall, at the op~ion oJ the Alortgagee herein, become imneediately due and payable jor 1he
ful[ sum oj the principat balance and interest then due.
8. The terms "Mortgagor" and "Mottgagee" whenever used in this instrument shail include the heirs,
personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular
number shall include the plural and the plura! the singular, and the use of ny gender shall include ali genders.
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' S~g ed, sealed d ive d in presence of:
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i ~ ^~~~t ~ `~L~ (Seal)
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' ~ /l ° ,~~z-t-c~~G.t,
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' STATE OF FLORIDA I
~ co~:vTY oF 's
ST, LUC~ ~ JOHN P. CASEBIER and NELTA CASEBIER, his wife,
Before me personally appeared ~n
~rl~y ~qp ~3,~S~LTA JENKINS also formerly
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tn me well known and known to me to e the individuals escribed in and who executed the focegoing instrument.
and acknow~ledged befote me that they executed the same for the purposes therein expressed. WITNESS my hand'
and off~cial seal in the County and State last atoresaid th~s 27th DSy of December, 1973
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` ~ty Commission Expires: _ JuRe 30, 1975 Notaty Public, State of Floric~~
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