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HomeMy WebLinkAbout0458 ~ . A ~ ~ ~i~n ~1 ul w~~l ~~~u~ u1 ~n~u~y Arr•in re/.ned ~o br no~ pr.n~al~ Md lulfr o.id w~~hin thi ty ~ 3~~ d~» ~e~l u rh. r ~h~• vm~ ~.rdl• I~eroo~.s du~ .od p•r~M~. K i/ ~~~h ~nd ~v~ry 11~~ Nipul~uwnti M~~~~m~n~w ron iuoe~ u~d ~ev~e~e1• uf w~d pr~.~u~...~n o~.~~• •n~l ~hi. Jrrd, nt rilhr?. •r~ net /~Ily pr~lern~td. ~w+~pli.d wi~h ~n~l •lu~lr~l I.r, or ~I paymrM~ •Ilow~d te Iw~«n~ ~ .I. Im~~~~. n~ ~q~~~~~ ~n~ p~wr ~n~uumbn~~r ~IIMMInR II1r p~uprrty I1rrr~n ~011~~1or~1. ~br ?~~~1 ~RR«R~1~ ~uu~ ~n~mion~d in ~a~J pr«n~w.ry i ~i~.tr .1~..11 1...•~~~~. ~lur r~~t prysbl~ forthwilh er th~r~d~~~ ~1 Ih~ uplioe o/ Ihr ~1~~rIRa~~? s~ IuIIy ~nd ~~~mpl~~~ly il ~h. ~~id ~RRr~• 4, ta~. .u~~~ .~I .a~J p~.nu~•.~~~~ nat~ oriRin~lly ~tip~l~led 1o IK p~id on w~h d~y. ~n~ll'inR ~n •sul promia~ory no1~ or h~r~~n 1~. th~ r~n• i ~r~r~ a~HM~lh~lru~l~nK . ~ ~j! TAa~ ~n •rd« a~~~eler~~e the m~~~•itr ~t ~be iwdebteA~ btnbr ~ee~red. bee~we of ~he f~ilu~~ d tAt M~rtp~K t• ~7 rq ~ ua. ~wewm~e~. li~bili~r• ObI1N1lN ~f tAtYlllbl~pt! YPOII N~d ~fNttlr~ M IIlft1A provided, it ~11 nM be aec~q ~r ~eq~iute tVt thr ~nortR~~ter ~hsl) 6~~t p~y ~he ~me. ~ 2. The ~lor~gager may. at hia optioo. ~ad without waivia~ hia ri6ht to accelerate ihe iudebtednca~ h~~br ~ ~ecured and to foreclwe the ~ame. par either be[on or a(tee de inquency an or all oI thwe certain obli~tioa~ required bv the term~ he~eof to be paid br t!u Mort6aaor Ior the protection of ~ mbrt~age ~eteurity o~ Ior the ooAeo- tioa of ~he indebteJnes~ hereby ~ecured. AU wnu w advanced oe p~id by the Mortsasee ~hall be clur~ed isto t6e mortRa6e account aud I~ccome an inle6r~1 part thee+eof. wbject ia all respecb to the term~, conditioa~ aad covea~ats ~ ot thc •fore.aid promiK.or.• note. aad tlw mortaaae. s~ [ully ard to the same extent a~ tliou6h a part o~ the oriaiaal indebtednew_ eride~crd b~ eaid note. and ~ecured by thu mnr~ga6e. exceptia6 however. that ~aid ~um~ ~hall be repaid the Mort6a~ee forth.vith upun it~ dem~nd and be in addition to the regular monthly iwtall~neab providcd by tbs mortaaRt note. ~ > 3. That the abs~ract or abstracta o[ title coverin6 the mort6a 6ed property ~hall at all time~. duna~ tl~e li[e ot ~ tbu mort~a6e, remain in pw~ewioa oi the Mortaa~ee and ia event o[ the foreclasure oi this mort ae or otber traa~tet oi title to the mort~~g~J propertr in e:ti~aui~hmeat o[ .the i~debtedoas ~ecund herebr. all ri~~ t~tk and iatecest ot the Nor~ga~or ia and to any such abatracts o[ title shall paN to the purcha~er or 6raatee. s. 1'o the extent of the indebtednea~ of the Morts~or to the Mort~6ee ddcribed herein or ~ecu~ed 6ereL , the MortRaaee is hereby subro6ated to t6e lien or liens an to tbe riaht~ o[ the ownen and holden thereof aI ~ •ud ever~~ moreRa~e, lir~ or other iacun~braace oa the land deacribed herein wWch is paid and/oe ~atiw6ed. in ~r6a1~ or in par~ ou~ •~of thr proc~~d~ of the lwn described herein or ~ecnred hereb~. ~nd tbe rapective.liew of wd esott- 6aRes, lie~s or other incumbrancea, ~hall be snd tbe same aad each of them hereby u pm~erved and ~ball ars to aad be hcld br the Mort6~~ee hereia s~ security Ior the indebtednes~ to the Mortas~eee henta dactibed or he ~a.vred, to the ~ar~ie rxteat that it woulJ.li~ve been pre~ewed and ~rould h~ve been pa..~d eo .nd ban l~id br cbe oet~aee had it beea dulv aad re~ularly aesigned, tra~uferred, set over. aad delivercd unto the Mort6a6ee by ~eparate deed of awi~nmee~ notM?ith~tandinR the fact th~t the ~ame may be ~atiafied and cancelled ot record. it beia6 the intentioa o~ the p~rtia hereto that the ~sme will be sati~fied and canoelled of record by the holden tl~ereo[ at or sbout the time of the recordia6 of thu inortaaEe. ~ S. In the event the oMnenhip of the mort6a6ed pre~niac~. or aAy part thereof, beeame~ vested in a perwa othee th~?n the btoctRa6or. the MortgaK.~e mav. without notioe to the Mortaa6or, deal with ~nch succe~wr or suooa~on in : interut- with re(erence to this deed and the debt herebr ~ecured. in the wme manner as with the Mortga6or without ~ in anv wa~ vitiatia~ or di~charFin~ the Mort~a6or'~ liability heteunder or upon the debt hereby secured. No wle o[ ~ the peemiks herebv mort~a~~d and ~o fotbearance on the part of t6e Mort~a~ee, and no extension of the time for t6e ~ pavment of the debt here ~scured givea by the ~[ort6a6ee ~ha11 oparate to rclea~e, di~charae~ modifr. chan6e os alfeet the oripnal liabilitv o( the~ ~tortE~Eor henin either ia whole or in part. - ~ 6. The liea of this deed ~ecures aad ~h~ll coatinne to ~ecure payment of ~aid indebtedner or indebtedae+~. however evidenced. whethrr br ~aid promiwory note or un? reneMral os extauion thereof or ~ub~titute therefor, or ~ otherwise. until all such indebtedneN sha11 have been tully paid. 1~~ ~I~r rv~nt ~he properi~ cncumbered by this mortRage ~hall become involved in any condemnation pro- ~ rr~iinK~. ~I~~• I~.~i~lrr ~~f this mortRa~~ shall become en~itled to defe~d anv such action. aad the title holder ~hall be ~ li~ble f~~r .,11 ~~~~•t~ aml attorne}• feea incurred in con~ection with such defense, the same to be 6xed and set br the cund~mua~um iurv, and th~ holder of this mort~[aRe ~hall be eritided to reeeive anv award made in•such condemnatioa prorrr~linK- f~~r thr pruperty taken. such Rum when psid to be applied to a reduction of the mortRage indebtedner. ~ R. '1'I~r I~~~I~ler of this mort~taRe aRrees to promptly furnish upon the written request of the mort~cagor. his hein ~ ~~r assi~;n~•. ur a~lornr~, a~t~tement in writing of the principal balance due upon this mortga~ee. as of any-epeci6ed date. ! y. ~'I~r t~rm~ "~lorlRaRor" and "MortFaRee" whenever used in this in~troment al~all inrlu~sF ~he heirs. persona{ reNrearntati~r±, .ucceu+ore and aesigns of the respective parties hercto. R'herever u~eddh~ ein~ular .:umber shsll include the pl~~ral :?ml thr plura) the ~in~ular, and the use of am- RPnder shall include all ~rnden. lU. Thi~ i~ a purehase money first mort~tage upon the above de~cribed properh~. ~ I:V ~ITNESS ~VHEREOF. t6e ~aid Morta•6or hereuader ~eb hi baad _~t M' ` Dade (:ouaty. Elorid~. the day and year 6nt abo~e written. SiRaed. ~ealed and delivered ' ~~L~ in the preaeace of: MARRUS . FRANKEL. USTEB ' ~ (Sr~t.) flA. cR ~'OiTRAb RF~ORO _ (Se~.) 21 STATE OF FLORIUA - Cf)UYTY OF UADE ss ~ ~ - Before me penonall~ appeared MARRUS A. FRANKEI,~ TRUSTEE 3?~~86 to me well known and known to me to be thc individuals de~cribcd in and who racecnted ihe foreaoiaa instrnment, ~nd a~-knowl~dRed b'fore me that they executed the same for the purpo~a therein e:pre~ed. ~""`~~r.=~ ` ~;:,5 G : ` • t ~17'tiESti my hsnd and oRicial ~cal in ihe County and State la~t aforaaid `;.'~f.;,ol ~ s - = ~ .A.D.1977. ~r-` ti :~T HO7ANV PU6UC ETATE OF FlOR10A N ~~''s . 1~ Mr GoMN4SiWN EX~Ei JUIY f9. 197! ~i~ . ~1~ I;o~nmis~i.~n Expirn:~«+~~ sr "~"'c"" °"~u+s ~ O0'Notary ic. State of FlOtfda':.,. . rl_ =i _ ; - . , ~ G~~ ~ ~ , - ~ ~ EOOKIG7z PACE 4~ _ 4 - _ _ _ _ _