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Home My WebLink About1087 ~ Our file 5-33,469 ootia tl~wwt bp m~il w tl~ Mort~a~a and tAe Mortp~ may make p~oo( d Iw~ it tM sarM u rot ard~ pron?PUY ~~~~i~. In w~ntr ot to~ elo~ure ot this morts~ or otMt tr~nsfa ot titb w tL~ mott~a~ud PropertY ia utinsui~hm~ot d tM iod~btdow s~ur~d A~+by. dl ~ht. titb ~nd iat~t o( tlw llorts~or in wd to aoy iawraaa poticiM tMa in torce sh~l1 pw w tM purelra~r or RaatM. IAl'!b p~Mrm, oompV wiW uid ~bW~ by Me6 ~ad ~vscy th~ Kipulatjoru. ajr«n~au. cooditioo~ ~nd aowtrata ia said promi~y o~W~ and b~ tAi~ dNd Mt toeM. ~ lil'lUat it aqr d~aid wms of momy herela reterred to be aot pwmptb ~~Y P+d witlun AMsa d~,~ n~st aMr td s~ms a~vKalbr becomM dw aod p~y~bM. a it e~A and ~vary th~ ~tipui+tioir. ~peanwu. oo~tiaa and oowaaaq ot wd pro~iuory mt~ aad Ws dMd. or athrr. w not (ul~r P~rtorm~d~ oompli~d ~ritA and ~bidd Sy. tbs s~id ~te wm m~ntia~ed in ~d pomissorY aot~ shall b~ooaw du~ aod p~y~bM tat6with ar t6rwRer at tb optioo ot td Nort~~a u tully •ad oompl~tdy u it cbs said e~gnpt~ sum ot s~id ptomiwory oots ~u ai~idqy stipul~t~d to b~ p~id on wxh d~7. mpth6~ in Mid promiasory no1~~ or Genia to tM cootnry notwitb~tandin~. 1 j 17bt in ord~r w ae~u tM m~turity ot tbs indebtedmss Aareby ~scured. beaws ot tAs [~ilure ot the Mwta~ to pqr ~ny tas. u~ot. WbiN- tr. oWiPtioa or w~umbrana upon s~id pop~rty. u barein pcovided. it ~hall oot be aeoes~ry w nquisite t6at tb~ mortp~s ~A~ll first pyr tM wn~. ~ 2.'I'be~Mortgagee may. et hia option. and without waiving hia right to accelerate the indebtednese hereby aecured aad to forecloee the same, pay either before or after delinquency any or ell of thoee oertain obligationa required by the terma hereof to be paid by the Mortgagor for the protection of the mortgage eecurity or for t6e collection of the indebted• ' neas hereby eecured. All aums ao advanoed or paid by the Mortgagee aball be charged Into ths mortgags socount and becoms an integrd patt tbereof. aubject ia all reepects to the terms. conditions. and oovena~ats of tbe atora~aid promis- sory note. and thie mortgage. as fully aad to tlie aame ezteet aa though a p~st of the original indebtednesa evidenced by ~ aaid note and secured by thia mortgage. ~cepting ho~vever. that said aums sl~all be repaid the Mortgagee forthwith upon ~ ite demand and be in additan to tbe regular monthly instaWnente provided by tws mor~,gage note. ' 3. Tbat the abstnct or abstracta of title coveriag the mortgaged property ahall at all times. durin~ t6s life of this awrtgage~ remain in posseasion of the Mortgagee and in eveat of the forec:lostu~e ot this mortgage or other transfer of titb to the mortgaged praperty in e~ctinguiahment of the indebtednees secnred hereby, all right. title and intereet of t6s Mort- gagor in and to any sucb abstracta of title a6all psaa to t}?e purchase~ or graatee. 4. To the ~teat of tbe iadebtednesa of tha Mortgagor to t6e Mortgagee descn'bed herein or secured liereby. t6e Mortgagee is h~eby aubm~ated to the li~ or li~a aad to the righta ot the ownera e~ halders th~eof of each and every mortgage. lien or ot6er incumbranos on the land descn'bed herein which ie paid and/or satisfied. in whole or in part. o~t of the prooeeda of the ban described herein or eecured h~eby. and tbe respective liene of e~Id mortgages, liens or otl~ incumbru~oes. ahall be and the eame aad eech of them hereby ia preeerved and shall pass to and be held by tbs Martgages t 6erein as eacurity for the iudebtednesa to the Mortgagee herein deecribed or l~ereby secured, to the asme eztent that it i ~vould have been preserved aad ~rotild have been peseed W and been held by the Mortgagee had it been duly and regularly aasigned, tranaferred, eet ovet, and delivered unto the Mortgagee by aeparate deed of asaignmen~ not~rithstanding the - fect that the aame may be satisfied and canoelled of record, it being the int~eation of tbe parties hereto that tbe same will be satiefied and cancelled of reoord by the holders th~eof at ar about the tinne of Lhe recording of this mortgage. 6. In the event the owuership of the mortgaged prsmises. or any put thereof. becomes vested in a psreon other tlian the Mortgagor. tbe Mortgagee may. ~vithout notice to the Mortgagor, deal ~rith such suooessor or successors in in- tereet with refei+ence to t6is deed and the @ebt hereby secured. in the same manner ae with the Mortgag~or without in any way vitiating or discharging the Mortgsgor's liability hereunder or upon the debt hereby secured. No eale of the premieee hereby mortgaged and no forbeannce on the part of the Mortgagee, and no eztenaion of the time for the payment of t6e debt hereby eecured given by the Mortgagee shsll op~ate to re~eaee. dixharge. modify, change or affect the original lia. bility of the Mortgagor herein either in whole or in part. 6.'lbe lien of thia deed securee and ahall continue to aecure peyment of said indebtedness or indebtednesa, however evid~oed, whether by said pmmisaory note or any renewal or ertension thereof or aubstitute therefor. or otherwise. unt~7 all aach indebtedneae shall 6ave been fully paid. 7. In the euent the mortgagors sel~'conuey or trnnsfer the ~nortgaged prrmises during the life of this mortgage. tlren this mortgage shul~ at the option or the Mortgagee herein, bec~vme immediately due and payable for the /ull sum of tlu pri~cipal balance nnd interest then due. z 8. The terma "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heira. per- sonal repreaentetivea. successore and aasigns of the respectiv~ parties hereto. Wherever used the aingular number ahall i ~ iacl d~e the plural and the plural the aingular, and the use of any gender shall include all gend~a. ; I ~ S' ed 'v ed ' the p ce of : ~ 1 Sea11 ~ 1 Sea1) ~ y~. ~ STATE OF FLOftIDA ss ~ COUN'1'~L~R~~ ~ Before me peraonally eppeared ERNEST E. JOHNS and DOROTHY M. JOHNS, his wife, W me well Imown and known W me to be the individual described in and who ezecuted the foregoing inatrument, and ~ aclrnowledged before me chat they ezecuted t6e same for the purposes therein ezpreaeed. WITNE3S my hand and ~ official seal in the County and State last aforesa'.d this 2 th Day of October, 1975. ~ ~ ~ ~ ~ My Commission Ezpirea: Jull@ 3O ~ 19 79 Notary Public~ S4jl~~ ~ oaaE~ ~ s?~`p eR_ ~~k~Y Ft~• , ;•~OT,Q~. tiC~~ • ~ ~ . ;.~~.AS ~ ' Ff. ` ~GURT : vo - - ~ ct:~K ~ ' ~ ~.A ' ~ - ~ p F ~ r , ~ f ~ - ~ V ~ n `t ~ : ~ g ~ LL! . . p~t 3t ~ ia PM y ~ ~ d~ - -c~ ~ . ? - . ~ 32Q~10 ' ~ ~ 80UK~~~ PACE1O~z ~,,1T . 3" 4 t Y=`w, ~ .."~,q,~ '~:```r rsw.+1' ':.,~s'„~ '~z+ r! : ~~~~?.e.~s,-.'~° rr - ,r`,x- ._a ~y,. ~ ~T~ . .