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~ur file #5-38,064
~h~s woris~~e w o~Aa inns(e~ o( hUe W~hs sa~~~~sd pops~ty IA t1U11~Y1fI~Yl111 a Me indesusncss :ecwed ee~eey. ~11 n~A~, u~le i
snd ~nte~est ot tAe 1Aor~s~~w ~e ~~d to ~ny ~niw~nce ool~c~ei tAen ~n fact sA~ll oas~ ~o ~Ae owcAascr or ~r~niee. ~
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(A) To oe~(as, cumply ~r~1A ~aA •b~de by e~cA ~nd evay Ue s~~oulat~ons. apeewenis. caW~t~ons aM coven~n~s ~n s~~A oru~~stay ~
nols snd ~e M~a dttd ss1 (atA.
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1 TAst ~f ~ey of s~~A sw~ ol woney htre~a ~efened lo bt eat ~o~~ly snd fully w~d ~~~A~n f~f~see Q~ys nea~ al~e~
tAe sauie severallr Aecowes dYe aaQ p~Y~sle.a J e~cA a~0 ~vsry ~Ae sUp~lauoas. ~lreewen~s. caW~~~ons snd covenaats of s~~ ~row~s•
sar no~e ~nd ~A~s Oecd. o~ e~ihs~. a~e aW Wlly ~u(awed. co~ol~ed ~r~tA sed ab~deA by, ~Ae sa~d surs~~~e s~ ~ent~onsd m aud .
prowissaY no~e sA~ll occo~e dYe atW oaYabls falAW~tA a tAersafte~ ths oo~~ou of ~Ae ~lat~s~ss as fully snd cosols~clr as ~f 1Ae
s~~d s~~re{ste su~ o( sud ~ow~asay ~o~e ~r~s a~~~u~lly stioul~ted to !e p~~A on srcA d~Y. aAytA~n~ ~n aa~d pow~sswY note or Aere~n
~o ~he conuuy notwuAa~~nd~na.
) That ~n adet to actelet~tt tAe satun~y ot Ibt i~deetedness hsresr secwed. Aecawe of ~Ae (~~lure ot tAe ?tw~i,~« ~o oar •~r
asseasa~eM. Iub11~1Y. ob1~~1?on or tflClt~MaAtf ~oon s~~d ~ooer~Y. ~s here~n Orov~dtd. sNall not be neces~ary a rcaws~te tA~t the
nact~i~et shall fus~ par tAt s~et.
2. The ~lort~a6ee may. at his option. and without waivin~ his ti~ht to accelerate the indebtedness hereby
secured and to foreclose the samc, pay either before or sRer delinquency any or ali of those ceruin obli~ations
required by the terms hereof to be paid by the Mott=a~or for the protection of the mc~~t~ase secucity or for the col-
lectiori of the indebtedness hereby secuced. All sums so advanced or paid by the Mort~a`ee ahall be char~ed into
the mort~age account and become an intearal patt theteof. subject in all respects to the terms. conditions. aed
covenants of the afcxesaid promissory note, and this mwt~aae. aa fully and to the same extent as thou=h a put . ;
of the ori~inal indebtedness evidenced by said note and secured by this nwrt`~=e, exceptie~ however. that said
sums shall be repaid the Mort`asee forthwith upon its,demand and be in addition to the re`ulu monthly inatall-
ments p~ovided by the mort~sae note. ~
3. That the abst~act or absuacts of title coverins the mortaa`ed property shall at all times. durin~ the life ~
of this mortgase, remain in possession of the Mort~asee and in event of the foreclosure of this mort~a~e ot other - f
transfer of title to the mortaaged property in extin~uishment of the indebtedne$s secured hereby. all ri=ht. title ~
and interest of the Murt`s~or in and to any such abstracts of title shall pass to the purchasec ot srantee.
4. To the eztent of the indebtedneas of the Mort~aeot to the Mort~a~ee deacribed herein or secured heteby.
thc Mort6a=ee ia hereby subro6ated to the lien ot liens and to the tiahts of the owners and holders thereof of each
and every mortga~e, lien or other incumbrance on the land described hetein which is paid and!or sati:Ced. in ~ ;
whole a in part, out of the proceeds of the loan described herein or securod hereby. and the respective liens of
said mortdsaes, liens or other incumbrances, shall be and the same snd each of them hereby is presewed and shall
pass to and be held by the Mortaa~ee herein as secutity for the indebtedness to the Mort~aaee herein desctibed
or hereby secured, to the same extent thst it would have been preserved and ~roufd have been passed to and been
held by the Mort~a`ee had it been duly and resululy assi`ned. transferced. sat over. and delivered uato the Mort-
~a~ee by separate deed of assi~nment. notwithstandin~ the fsct that the same may be satisfied and cancelled ot ~
record. it be~n~ the intention of the puties hereto that th~ same will be satisfied and cancelled of record by the ,
holders thereof at or about the time of the recordin~ of this nart~a~e. ~
S. In the event the ownership o[ the mort~a~ed premises. or any put thereof. becomes vested in a person
other than the Mortaa`or. the \lortsa6ee may, without notice to the Mort~a~ot. deal with such successor or suc- ~
cessors in interest with reference to this deed and the debt hereby secured, in the same manner as with the Mort- t
~a~or without in any way vitiatin` or dischar~in~ the Moct6a~or's liability hereunder or upon the debt hereby
secured. No sale of the premises heteby mort:ased and no [orbeuaace on the part of the Mortsasee, and no ex-~
tension o[ the time for the payment of the debt hereby secured `iven by the Mort`ssee sfiatl operate to release.
dischsr~e. modify. chanse or aifect the ori~inal liability of the Mortsa~or herein either in whole or in put. -
i 6. The lien of this deed secures and shall caetinue to secure payment o( said indebtedness or indebted-
~ ness, however evidenced. whether by said promissoty note ot any renewal ot extension thereof or substitute there-
~ for. or otherwise. until all such indebtedness shall have been fully paid.
~ 7. /n the even~ the n~ortgagors sell. convey or lransjer ~ht mortgaged prer~ists during the liJe oJ this ~ort-
! gage. then this nwrtgag~ shall, at the option oJ the Afortgogee l~erein. becon~e immediately dut dnd poyabft Jor ~he
; jull swn oJ the p?incipal balance and inte~est tk~n dut.
k 8. The tams "Mort~aaor" and "Mortja~te" when~ver used in this instrument shall include the heits.
~ petsonal representativ~~. successors and assians of the tespective puties fiereto. Wherever used the ain~ular
~ number shall incfude the plural snd the plural the sinaulu. and the use of any sender shall include all ~enders.
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Sisned. sealed and delivered ~n the presence of: (~e~~)
T.r/~
~ ~ ~ ~Seal)
U/~. ~ ' I~IOCEII ?OITRAs
CIERK C~RC11~T COUItT
or~~.~~ YER~FIEO ~ -
STATE OF FLORIDA ~
~o~N,~ oF~ SS Auc 5 2 sM PN'11 4~3
ST~.I.UCIE - ~ - '
~ Before me petsonally appeared $jj$jE ~jj~~ 811 unmarried WOIIIAiI~ •
~ to me well known and known to me to be the individuals described in and who executed the fore`oin` instrument.
~ and acknowled6ed befote me that they executed the same for the purposes thetein expressed. WITNESS my hand ~
~ and ottic~a! sesl in the County and State last aforesaid this 22nd Day Of .TtllS?~ 19]]. ~
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`~~~1 ' 11/l/ i
~ ~ly Commission Ex ~res: June 30, 1979 "~~:~-l+f' r e ;
~ P~ Notary Public> S4ate oF`.~,:
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~ ~oox272 P~E 497 ~ "~~~-.;sT~T
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