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HomeMy WebLinkAbout0422 ~ ~~~~~~o~~~. ~t[NI( C~A~I.'~i c~~h1 ~ ..Ii: 1fi~(1+.....~~ V • ~ i ~ 3~ aH `~~1~, ~ oocia tlrrwt by m~il to tM Mortp~ ~nd tlM Mortp~ ayy iwk~ p~od o( iw~ ~I tAt wn~ u mt m~d~ pmmPtlY Oy tA~ Wortpsor. la ~v~nt~ o( (a? dow~r~ d tAn marss~ or otMr uwda d tltb w tM mort~~d Prop~rtr ia ~atin~ui~hm~st d t~ ind~bt~dnw Mcvnd hwrbr. ~11 ~At, titb •ad iat~t ot tM Atort~or in wd w mr inw~nea pol~aM tA~a ia torw ~Adl pau w tM purc6~Nr or ~natM. 161 To pMiorm, eoaplr ~ritl~ u~d ~bid~ bp ~i ~ed ~vrry tAs ~uqJati«r. asrMtcrnc~ coadicions u?d oowaanta ~n said p~omiswry aotw ~nd in tAi~ dNd wt (or1L. ~ ! . lil 'ilut it ~or ol nid wm~ ol moaq hattin ntuerd b bs not promptlr and fu11Y p~id ~itAin l, ~ hftMn days n~st ahu tbe ~ame ~evarally b~cromM du~ ~ed p~y~~. ar i( e~cA ~nd ~v~ tlr ~tip~ul~tioo~. s~awnu. aoaditione and oovenanu ot s~id promissory oot~ ~ad this dsed. or eitlier. ~re aot tully p~tom~d. eomp~li~d witA ~od ~bidd by. t!N Mid ~ce ~um en~otiood in rid pomiasory rau ~6~L bacom~ dw ~nd p~y~~le forW~ritA o? tLwaah~t ~t tM option d tA~ Martp~ u[ullr aod aompl~tdr u i( tly wid a~rpb ~um o( ~aid promisaarr aot~ wu ori~ia~Ur ~tipul~ted w be paid 0o weh d~y. ~nyt!?irt~ iA Nid promiiwry mt~ ot 6~nia W tMca~trary notwilhstan~nt. ~ j? 7~u ~n o~d~r w.ccel.r.u U?e m.curi~y ot cl» ind~bc.dn.ss Ade~r ~«„red. because of c1?e t.ilure ot cl~e Morag.aor w p.r •ny as~a.+meat, lub?h ~ ~r. oet~,uoo o~.a„~.oo. ~.;a aop«cy. u Mnin provided. it ~lull not be ~eas~ry or requuite th~t the morts~gw ~AaU fust pay the ~ame 2. 'l?~e Mortgagee may, at hia option, and without waiving his right to accelerote the indebtednees hereby secured and W foreclose the same, pay either before or after delipquency my or aU of thoee certain obligations required by the terms bereof to be paid by the Mortgagor tor the pmtection of the mortgage security or for the collectioa ot the iadebted- ~esa hereby secured. All aums so advanced or paid by the Mortgagee shall be charged into the mortgage account and become an int~gral part thereof, subject in all respects to the terms, conditione, and covenants of the atoresaid promis- sory note, and this mortgage. as tully ~nd to the aame eztent as though a put of the original indebtednees evidenoed by aaid aote and secured by this mortgage. e:cepting bo.vever. that. aaid aums aluU be repaid the Mortgag~es forthwith upon its demand and be in additiou to the regulu monthly installmente provided by the morigage note. ~ 3. T'hat the abatract or abstracts of titk covering the mortgaged property shdl at all times. during the life of thie mortgage. remain in possesaion of tlre Mortgagee and in eveat of the forecbaure of this mortgage or other transfec of title to the mortgaged property in e:titiguishment of the indebtedn~s ~ecured hereby. all right, title and intereet of ths Mort- gagor in and to any auch abstracts of title shall pasa to the purcha9er or grantee. 4. To the eztent oi the indebtedne~s of the Mortgagor to the MoKg~gee deacribed herein or aecured hereby. the Mortgagee ia hereby aubrogated W the Gen or lieas aad to the righta of the owners and holders thereof of each and every mortgage. lien or other incumbrance on the land descnbed herein which is psid and/or satis6ed. in whols or in part, out of tM proceeda of the loan deecribed herein or sec~ued hereby. and the respective liens of said mortgages. liens or other incumbrances, shall be and the same and each of tMm hareby is preserved and shall paea to a~ad bs hsld by the Mortgsges ; 6areia as eecurity tor the indebtedness to ths Mortgages herein deecribed or Mreby sscured. to the same ertent tlut it ~ ~rould have been preserved and w?ould have beea p~ssed to and been held by t}ie Mortgagee had it been duly ~ad regululy assigned, tranaferred. xt over, and delivered unto the Mortgagee by separate deed of assignment, notw+ithstanding the ; fsct that t6e eame may be satisfied and cancelled of record, it being the intention of t.he partiee hereta that tbe ssme wif3 ; be satia6ed and cancelled of record by the holdas thereof at or sbout the time of the recording of thia mortgage. ~ 6. In t6e event the o~rnership of the mortgaged premises. or any part tl~sraof. becomes vested in a peraon other thaa the Mortgagor, the Morigagee may. withont notice to the Mortgagor, de~l ~rith such auooeasor or swxeaeors in in- terest with rsfsrence w this deed ~nd the dsbt hereby secured, in the same manner as ~rith the Mortgagor without in any way vitiating or diecharging tbs Mortgag~a'a liability hereunder or upon the debt hereby aecured. No sale ot the premisee heteby mortgaged and no forbesrance on the part of the Mortgagee. and no ~tension of the time for the payment of the I debt 6ereby secured given by the Mortgagee ehall operate to release, discharge, modify, change or affect the original Gs- ; bility of the Mortgagor herein either in whole or in part. ~ 6. The liea of this deed secures and ahall coatinue to secure payment of said indebtedneas or indebtedness, however ~ evide~osd. wMthsr by aud pmmissory aote or any renewal or ertension thereof or subatitute therefor, or otherwise, , ~ until all ~uch indebtedneas shatl havs besn fully paid. ~ In ths tvent tht morigagon tsl~ conuty or t~nns/er the mortgaged pnniises during tAs li~e oj this mortgagt, ' ~ tAtn this morigage ahaU. at tht option of tht Mostgagee henin, 6ecomt immediately due nnd payabk (or tAe /ull sum oj ; the principal bolance and interest t/~en dus. ~ g 8. Tbe terms "Mortg~gor" and "Mortg~gee" whenever u~ed in this instrumeat ahall include the heira, per- ~ ~ sonal representatives. eucceeeors and assigns of the reepective parties hereto. Wherevsr used the aingular aumber ahall ; include tb~ phual and the piurd the singulu, wd t1~e use oi any gender shall include sll gend~a. ' 3igned, aealsd and delivered in t pressnce of: ~ LUCY CROOKE, a single woman E ~seal~ STATE OF FLORIDA COUNTY OF ~ B LUCY LIS CROOKE, A SINGLE WCMAN aka LUCY L. CROOKE, Before me pereonally appesred a single woman ~ to me aell Imown aad iciwwn to me w be the individual described in and who ezecuted the foregoing inatrument, and ~ aclmowledged befora me that they ezecated the sune for the purpoaea therein ez ereaeed. W ITNESS my hand and ~ official seal in the County end State laat aforesa?d chis 10 day of May 19"/7• ~ , „ ~.U;;,fr :u~!,: sr.rE oo- rt::.~pa ~.r ~aR~ % A1Y C.i:.'IA~S11C~ : EX%'i:Ei 1%+t~. iS !~y~ . jsOi+DfD jHRU GENE~~L 1~~5. U?~DERY/R! c;. My Commission E:pire~: _ _ Notary PubGc, Stateof _ ~-OT~.t~a ~ ~ . ~ ~ i.. BooK 269 Pac~ 42z 4 . S1 ~