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our file 5-38,065
tA~s wa~{s~e ~r o~her uaesfe~ of h~lt W ~M .wns+s~~ a~rty u~ eaUnswsA~e~~ o~ ~As ~ndte~tdntss secwed he~tAY. ~U ~~~A~, ~~~Ic
and ~ntsteat of ~Ae Mot~{~{w ~n a~d 10 ~Ay ~natr~~ts oolio~ss IAs~ ia tact sA~ll Mas to tAe PurcMset a~ranue.
(A) To perlai~~ cw~ply ~r~tA aad ~b~ds ~r s~cA a~d t~sry t?t sup~IN~aws. •~ressenis. ca~du~ons ~aA corcn~n~s s.~e or~,.~.sar
•ott ~nd ia Q~s Ated se~ faM.
(i 1 TAat ~f ~ny of sa~~ sYws o( ~ey Aere~n «(ened to se aot ~o~q~ly and fully oa~A .uA~n nt~e~~ a,r. ~s¦~ ar~e~
tAs ss~e ssvcr~lly lecosss dYe ~ud Osy~slt. ot ~f t~tA aw/ ev~ty tAt supul~t~ows. ~~res~cnis, condu~oes ~nd coven~nts of sa~d po~~s•
sar note ~nd tAis deed. a euAe~, us eW WIIY K~~d. co~lisd ~r~~A ~ed a?~dN sy. t~e a~~d s{ares~lt swi sent~oned ~n sa~~
Oro~iasar eote sMll Seca~e dre ~~0 PsY~els for0l~ritA a tAsrs~fur ~t tA~ 04~~0~ ot tAe Mor~~~see as (ullr snd cosple~sly as if ~Ae
s~~d ~~e~ate s~ of suA ~a~i~aay ~ae ~~a on~~ually sti~l~t~0 to be o~id o~ sYC~ d~Y. aay~4~n~ m sa~d po~~ssaY noie a here~n
~o ~Ae conu~ry no~~~~hs~a~d~n{.
7Aat ~e orler to accelet~te the wtw~ty ot tAs i~deetsd~sss Aerebr secured. bsc~~ae ol ~he fa~la~e o( ~Ae Ma~~s~a ~o Psy sny ua.
~saeas~enl. (~~Silitr. oblisation a encwabraats ~PO~ sa~d popenY. as Aere~a orov~Aea. sAsll not bc aeces~uy a reau~s~ie ~ha1 ~he
a~ot~~~et sAail f~rtl p~r tAe sa~e.
2. The Mort~a~ee may. ~t his option. and without waivin~ his ti~ht to accelerate the indebtedness hereby
secured and to foreclose the same, pay eithet before ot after delinquency any or sll of those certain obli~ationa
required by the terms heteot to be paid by the Mort~a~a for the protection of ths mc~rtsa~e security or for the col-
lection of the indebtedness he~eby secured. All sums so advanced ot paid by the Mort`atee shall be chu~ed into
the mort~a~e account sml becon:e an iete~cal part the~eof. subject in all tespects to the terms. conditions. and '
covenants of the aforesaid promissory note. and this mott~a~e. as fully and to the same extent as'thou~h a put ~
of the ori~inal indebtedness evidenced by said note and secuted by this nartsaae. axceptin~ however. that said
sums shall be repaid the Mott=a~ee forthwith upon its demar~d snd be in addition to the re~ulu monthly install- }
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me~ts pwvided by the mat~a=e nole. {
3. That the abstract or absuacts o( title coverin~ the mort~ased pwpetty shall at all times. dutin~ the tife
o[ this mottta~e. remain in possession of the Mort~a~ee and in event of the foreclosure of this mort~a~e or other
transfat of title to the mott~a~ed ptoperty in extia~uishment of the indebtedness secwed hereby. all ri~ht. title ~
and ieterest of the Murt~a~a in aad to any such ab:uacts of title shall pass to the purchaser or ~rantee.
4. To the eatent of the indebtedness ot the Mon~asor to the Mort~a~ee described herein or secured hereby.
the Mort~a~ee is hereby subrofsted to t6e lien or liens and to the ri~hts of the owners and holders thereo( of esch
aad evety mort~a~e, lien or other incwnbtance on the land desctibed herein wbich is paid ~nd: ot satisCed. in ;
whole a in pan, out ot the proceeds of ihe loan described herein or :ecured hereby, aad the re:pective tiens of ;
ssid nwrt=a~es, liens or other incumbrances. shall be and the same and eacb ot them hereby is preserved and shall '
pass to and be held by the Mort~~~ee herein as security for the indebtedness to the Mort~a~ee hcrein described ~
ot hereby secured. to the same extent tbat it would have been preserved and would have been passed to and been t
held by the Mort~a=ee had it been duly and te~ularly a:sisned. transfetted. set over, and delivered unto the Mort-
~a~ee by separate deed of assi~nment. notwithstandin= the (act that the same msy be satisfied and cancelled oi
recad. it beins the intention of the putiea hereto that ths same will be satisCed and cancelled ot record by the
holders thereof at or about the time of the recordirt~ of this mort~a~e. ~
S. In the event the ownerahip ot the rtartsa~ed premisea. or any part thereot. becomes vested in a ptrson ~
other than the Mort~asor. the Mort~ajee may. witbout notice to the Mort~s~a, deal with such successor or suc-
cessora in interest with tefetence to this deed and the debt hereby secured. in the same manner as with the Mort- (
ss~or without in any way- vitiatin~ or dischat~in~ the Mort~asoc's lisbility hereunder or upon the debt hereby ~
secured. No sale of the premisas hereby mort~a~ed and no tabeuance on the put of the Mort=a~ee. and no ea• -
ten:ion of the time for the payr?~eat o[ the debt hereby secured ~iven by t6e Mortiagee shall operate to release.
discharfe. modify. chan=e or affect the ori~inal liability of the Mort~aaot herein eithet in whole or in put. ~
6. The lien of this daed secures and shstl continue to secure payment of said- indebtedness or indebted-
ness, Mwever evidenced. whether by said promissocy oote or any renewal or extension thereof or subatitute there- ~
I' for. or otherwi:e. until all such indebtedness :ball have been fully paid.
~ 7. /n the ev~nt the mon a ors sell conve or nans er ~he a~ort n ed
~ ~ t ~ y J g g p?en~ists du?ing the lije oJ [his n~ort-
i gage. th~n this n~ortgo~t shall, at ~bt option oj ehe Mortgage~ her~in. becon~e inunediately due and payable Jor the ~
i JuII sun~ oJ the principal 6alanct aid interest t~en dut. ~ ~
~ 8. The tenns "Mon~asor" and "Mort~a~ee" when~ver used in this insuwnent shall include the heirs. ~
~ personal representativ~s, successots and assi~ns of the respective puties hereto. Whtrever used the sin~ular ~
` numbet shall include the plural and the plural the sin~ulu, and the use of any sender shall include all senders. ?
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Si~ ed. seale nd 1 ered in e presence of: eal)
~SesU
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STATE OF FLORtDA •
COUN~O~~ ss _ ;
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; ee~ore me Personally appeared CALVIN NEISON and ETHEI. NELSON, his wife,
~ to me well known and known to me to be t6a iadi~iduals described in and who esecuted the fore~oinf insuument.
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~ and acknowled~ed before me that they ezecuted the sune for the purposes there~n expressed. WITNESS my hand
s and official seal in the County and State last aforesaid tfiis 22nd Day Of .1 197~.
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ay c~~::~w~ Exp~«:: June 30, 1979 Notuy Public. State Qfi~~ f~~
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