HomeMy WebLinkAbout0315 . " Our File 5-36,882 .
tA~x a~orit~~e a oiAer tr~nsfe~ of ~Nis tu ~ht ~ortaaaeA OtoOsrly 10 tll~A~YIlti~tlll O) 1Ae 1114tb1td11t~i SCCYI~d Atf~sy. all i~~A~. ~~~Ic
•nd ~nttreR~ of the Mai~s~a in ~nd lo aoy ~nswanee Polic~es tAsa ~a (aos sA~ll oa~~ te ths Pwchsss~ a ~ran~ee.
(h) To Otr(aa~, uw~plY ~~u ~~d a?~de sy e~cA ~ad svulr ~Ae s~~oulauons. ~ptea~eats. tosd~t~ot~s sud covena~~s ~n ss~d P~u~~sswy
aotc snd ia ~h~s Aecd se~ faM.
(i ) TAat if ~eyof sa~A sws of woney Aers~a rs(sned 1o Ae not ~oy~lY aed fu11Y N~ ~~tA~n hhsee dsys ne~t a(~er
tAe sa~e severally becowes dre aad O+Y~sl~.a if e~c~ a~W evsry t~e suprl~t~oas. ipes~ents. cond~uons ~nd eoven~na ot ss~d ~ra~~s.
saY ~~e and tAis Aeed. or euAe~, ars 1101 IYIIY O~~a~O. eow~lisA ~r~th aad ~b~dN sy. ~~c s~~A sure~~~e s~w u~est~oncA ~a ss~A
Oro~~~sory Aou sAsll Oecowe dre ~nd psY~sle taM.itU o~ tAere~fte~ 1h~ oPtion ot tAe Mor~~s~ee as f~lly snd tos01e1t1y ~s ~f ~Ae
s~~d a~~re~~ie su~ ot sa~d ~ani~saY aote ~r~s on~?ua11Y stioul~ted to es oa?d an srcA d~Y. ~ay~h~a~ m sud ~oA~sso~Y no~e a~ Aere~n
to 1he confrary sot~r~Ihslandl~.
V) TAa~ ~a ader to sccele~~te ~he ssw~~iy of tAs i~deeteda~sa Merebr secursA. lec~~se ot tAe (atl~~e ot ~At Mat~s~a ~o ar •~r u•.
asseaamcnt, IiaAility. oblijation a encuwbrs~ee uPon suA Orop~rty, ss Aere~a poviAeA. sAall eot pe ~ecesaary or rcau~site ~h~t the
watsa~ee sh~ll tus~ psy the sawe.
2. The Mott~aaee may~ at his option. and without waivint his ri~ht to accelerate the indebtedness heteby
secured and t~ foreclose tl~e same, pay eithet befora o~ after delinquency any or all of those certsin obli~ations
required by the tetms hereof to be paid by the Mott~a~a fot the ptotection ~of the mc~rt~a~e security or for the col-
lection of the indebtedness he~eby secured. All sums so advanced or paid by the Mort~s~ee shall be char~ed into
the mort`age account anJ become an inte~ial part thereof. subject ie all cespects to the terms. conditions. and
covenants of tha afaresaid promissoty note. a~d this mott~a~e, as (ully and to the same extent as thou~h a part
of the ori~inal indebtedness eviden~ed by said note and secured by this mort~a~e. exce.ptin` ~owever. that said
sums shall be repaid the Mort6s~ee [orthwith upon its demand snd be in addition to the re`ulat monthly instsll-
ments provided by the mat~a`e nota.
3. That the abstract or absuacts o[ title coverin~ the mortaa=ed prope~ty shall at all times. durin~ the life
o( this mott`aae. remain in possession of the Mort=asee and in event of the foreclosure of this mon`a~e ot other
transfer of title to ihe rtwrtsa~ed p~opetiy in estin~uishment ot the indebtedness secured hereby. all ri~ht. title
and interest of the M~ct`agor in and to aey such sbstraets of title shall pass to the purcha~er ot trantee.
4. To the extent of the indebtedness ot the Mottsasor to the Mottaa=ee deacribed hereio oc secuced heteby.
the Mortsa~ee is hereby subro~ated to tlre lien ot liens ~nd to the tithts of the owners and ~lolders thereoi ot each
and every mort~a`e, tien or other incmnbrance on the land desctibed herein which is paid ;nd!or satisfied, in
whole o~ in part, out of the pmceeds of the loan described herein or secured heceby, and the tespective liens of
said mortda`es, liens or other incumbrartces, shall be and tl~e same and eacb ot them hereby is presetved and shall
p~ss to and be held by the Mort`a~ee herein as security tor the indebtedness to the Mort`a6ee hetein desctibed
or hereby secured. to the same eatent that it would ha~e been pte:erved and would have been passed to and been
held by the Mortsatee had it been duly snd re:ulatly assigned. trsn:fened, set over. and deliveted unto the Mort-
satee by separate deed of assitnment. notwithstandin~ the fact that the same may be satisfied and cancelled of
recad. it~ beins the intention of the puties hereta that the same will be satisfied and cancelled of record by the
holders theroof at or about the time of the recordin~ of t6is mort~a=e.
5. In the event the ownetship of the nwrtta~ed premises. ot any part theteof. becomes vested in a person
other than the Mortga`or. the Nort~a~ee msy. without notice to the Mort~aaor, deal with such successor ot suc-
cessors in intecest with reference to this deed and the debt heteby secured, in the same manner as with the Mort-
~a~or without in any way vitiatint or dischar~in~ the Mort~a~ot's liability hereunder or upon the debt hereby
secured. No sale o[ the premisea heteby mortjated and no fabeatance on the put of the ~Aort~aaee. and ~o ex-
tension of the time for the payment of the debt hereby secured tiven by the Mortsaaee shall operste to relcase.
~ dischar`e, modify. chanss or affect the ori~inal liability of the Mortfa~or berein either in wfiole or in put.
` ~~6. The lien of thia deed secures and shall continue to secure payment of said indebtedness or indebted-
ness. howeverevidenced. whether by ;aid promitsory note or any tenswal or extension thereof or substitute there-
for. or otherwise, until all such indebtedness shall have been fully paid.
7. /n the event the ~nortgagors stll. convey o? tronsjtr the mortgaged prtntises during tht /iJe oj ~his inort-
gage. th~n this enortgage shall, a1 tht option oj tht Afortgagee herein. becon~e i~nrnediately due end payabl~ Joi the
jull sum oJ the piincipal bolance and interest then dut.
~ 8. The tetms "Mort~a~or" and "Mort`a~ee" wi~enever used in this instrument sfiall inc{ude the heirs.
pecsonal representativas, successors and assi`ns of the respective puties hereto. Wherever used the sin~ular
number shall include the plural and the plural the sintular. and the use of any 6ender shall include all aenders.
Si ned sealed and delivered in the presence o[: (Seal)
_ ~Seal)
l~c.L.~ ~ ~ ~Yl~L1 ~
STATE OF FLORIDA
COUNTY OF ss
ST.L~ JESSE HARRIS, an unmarried man, being the widower
Before me personally appeared of LULA H~A~RRIS
to me well knov?m snd known to me to be the ~ndividuals described in and who executed the foteaoin` instrument.
and acknowled~ed before me that they executed the ssme [or the purposes thete~n expressed. WITNESS my hand
and off~cial seal in the County and State last afotesaid this Sth DSy of February~ 19~7
35'7995
.
_
~y co~,~~::~o~ ExP~res: June 30 , 1979 Notaty Public. State of "
~ =lLEO ANO REC ~EO zr. C~ ~ : -
T. WCIE COIiM~F«. , • -
ROCER POItRAS = ~G- - : "
~U~
CLERR CIRCUIT COURT ; ~ ~=;3 ~ '
IIECORO YERIFIEO~~ •;c4L ` '
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