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HomeMy WebLinkAbout0275 ~ • ' , . owr file #5-37,744 tA~s ~at~~~e a oihe~ tauafe~ of ~~tle to tAs ~ottaaaN pootrtp u~ su~µwsa~s~~ 01 ~Ae ieAsstedness stcwed Ae~esY. all n~A~~ t~~le •nd ~a~e~~a~ of tAe Ma~~yw ~a ~~d !o a~y ~nswsues oolieis~ ~Aee in face sA~ll Mss ~o Ue owcA~sei or ~r~n~ee. - (A1 To oerfa~. cweply ~n11~ ~M ~MOt Oy tacA aed svs~r U1e ~upil~lio~s. ~pee~eeu. coad~aoas sa0 co~en~n~s ~a s~~~ ~w~~s~ay . wole sad is th~s dcsd se~ fortA. (i ) Tb~t i/ My o1 aa~d srwa ot wowsy hsre~~ r~fsRed ~o bs ao~ ~owNir a~d f~llr p~A ~uA~a f~fttea d~ys ~tal atts~ Mt swe sevt~~lly lstaMS dre ~ad aYa~lt.ar it t~tA aM t~tty tAe sli/~IN~oas. a{~eewcnts. con0~~~au aad co~eaaats of s~~i /ro~~~. sarr se~e ~d ~Uis aed. a e~~Aer~ us aa (~Ily oe~for~sA. co~qlisd vritl~ aed ~?ided br. tAe ~ca~d sKrs{ue s~ ~esuosed u~ said pro~isaay aots aAali lsca~e AYS u~d Pay~ble tatAvi~A a tAers~ftsr tDs oOtiou of tAe Mor~sasee as fully sud cowPletelr ~s 1f tAe s~id s~es~~e s~ o[ saiA ~rawisaay sei~ .~s ai~uullY ~tip~la~ed to !e oaid a~ sucA d~Y. ~IIytAM~ M f~ld /fOl~lfiOfy 110lt Of Attt1A ~ to ~Ae emuur eotritAstssdiy. (j) That ~n orAer ~o ~ccNsr~ie ~Ae w~tu~~ty ot the i~debtednsss hsreAy secwed. bec~we ot tAe fulua of ~Ae ?ra~~aj« ~o oar,er u,, ssss~awept. IuAility. obliptiaw or encwb~~nee ~ooe sa~d oropsrtr. as Aere~n ~oviA~d. shsll ao~ be aecesauy or reOn~si~s tAa~ tMe .«~.see sh.u tu:~ o.r ue ,..e. 2. The Mon~a~se may. at his option. and without waivin~ his ti~ht to accelecate the indebtedness hereby secured and to foreclose the same. pay either before or afte~ delinquency any o~ all of those cenain obli~ations requirod by the terms hereof to be paid by the Mort~afor for ~he pcotection of the mextsa~e secucity or for tbe coi- lection of the indebtednesa heteby secured. All sums so advanced o~ paid by the Mott~a~ee shall be char~ed into the mort~a~e account anJ become an inte~ral part thereof. subject in aH respects to the terms. co~ditions. and covenants of the aforesaid promissory note. and this mortaa~e~ as fully and to the same extent as thou~h a put of the ori~inal indebtednes~ evidenced by s~id note a~d secured by this mort~a~e. exceptin~ howevet. that said sums shall be repaid the Mottsa~ee fotthwith upon its dem~nd and be in addition to the reaulu monthty install- - ments provided by the moctss~e note. - 3. That the abstract ot absttacts of title coverins tha mort~a=ed ptopetty shall st all times. durin~ the life of this mat~a~e. ramsin in possession of the Mort~a~ee and in event of the foreclosure of this ieorisa~e or othet uansfer of t~tle to the mort~a`ed ptoperty in extiesuishment of the indebtedness secuted hereby. all ti~ht. titte and interest of the Murtsa=or in and to any sucli abstracts of title shall pass to the putchaset or ~rantae. 4. To the eatent of the indebtedness ot the Mon~a~ot to the Mon~a~ee de=cribed herein ot secnred heteby. the Mott~a~ee is hereby ~subto~ated to the lien ot lieas and to the ri~hts ot the owners and holde~t thereof of each . and erery mort~a`e. lien or othet i~cmnbraace on the land described herein which i: paid ~nd/or satisCed, in whole a i~ pan. out of the pcocetds of the loan described herein or cectaed hereby, aad tha respactive liens o~ said mort~ases, liens or othet incumbraaees, shall be sad the same and eacb ot them hereby is pteserved snd shall pass to and be held by the Mort~a=ee he~ein as security for the indebtedness to the Mort`asee herein described or hereby secured. to the same ez/ent that it would have been presetved and wopld have been passed to and been held by the Mort~asee had it been duly and re~ulat{y assi~ned, transferred. set ovet. and delivered uato the Mort- ~a~ee by separate deed of assi`nment. notwithstandin~ the fact that ehe same enay be satisfied aAd cancelled o( record. it beinj the intantion of the patties hereto thtt the same will be satisfied and cancelled of recad by the holders thereof at ot about tbe time ot the recordinj of this mort~a~e. . S. ln the evaet the owaership of the mott~ased praauses. or aay put thereo(. becanes vested in a person other thsn the Nbrt~a~or. the l~lort`a~ee may. without aotice to the Mortsa~a. deal with such successor or suc- cesswa in intecest with reference to tlyis deed and the debt hereby secured. ie the same manner as with the Mort- ~sior without in any wsy vitiatin~ or dischu~in~ the Matia~a's liability hereunder or upon the debt hereby secqred. No sale of the premises hereby mort~ased and ao torbescance o~ the part of the Mort~a~ee. and no e:- tension of the time fa the paymeat of the debt hereby secured ~iven by the Mort~a~ee shall operatc to telease. dischar~a. modi[y. chan~e or a(fect tbe ori~inal lisbility of the Mort~aaot herein either in whole ot ia put. 6. The liee of this deed secutes and shsli continue to secure payment of said indebtedness ot indebted- ~ ness. however evidenced. whether by said promissory note or any cenewal a extension thereof or subctitute there- ~ fot. or ~otherwise. until atl such iadebtedness shall have been fully paid. ~ 7. ?n the event tht n~ortga~ors sell. coevty or tr~sjer the nrortga~td pemists durina the lije oj this a~ore- ~ ~oge. then thrs nangage shall. w tht option oj the Mor~gagee hertin. beco~ee inunedietely due nnd payab/e Jor the jull su~ oj the principal balarece cnd interest Jhen due. 8. The terms "Mortjajor" and "Mortsa~ee" whenr,ver used in this instrument shall include the heirs. pasonsl representativ~~. successors and assi=ns of the respective puties hereto. Wherever used the sin~ular number shall include the plunl and the plutal the sin~ulat. and the of any fender shall include all ~e~ders. Si~ned. a a delivere ~n the presence ot: ~~p ~ - . ~Seal) ~ STATE OF FLORIDA COUNTY OF ss ' ST.LUC~ ~ ee[ore me petsonally appeared ARNOLD D. MILLER aad DOROTHY L. MILLER~ hi8 wife, to me well knovm and known to me to be the individuals desaribed in and who executed the tae~oin~ insuument, and acknowled`ed before me that they e:ecuted the same for the purposes therein expressed. WITNESS my hand ~ and official seal in the County snd State last afaesaid this llth D8y Of ~ 1977. j ~ ~I C«nmission Ea ires: ___,Iu11~ 30 1979 ~ Y P ~ Notary Pub St~i~~o~, ~ y i> : ~ ~ . ~ f . .~C• f'LEO ANO RECp~pEO ~ ~ ' ~ , ~ - iT LUCIE COUMTIf fLA. " ~1s~ _ . : ROCER PO1~RAS ~ _ " C ~I- . - ' - o C! ERK ClRCUIT COURT . " ~ J~, _ ~ - ' or.~nr:l Yf,A;F1E0 ~ . . / ' ~ ~ t ~ f~- ~ :L'd ~ .Q ~ x';.•~p ~~~,J" ~UN t~ IZ 48 PMI g0at2~ PAtE