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HomeMy WebLinkAbout0562 . i our file #5-38,100 . ~A~s w~nWe w a~a u~~~fa of ~?~N ~o ~M w~aas~ ~qs~~r u~ u~NWul~~~ o~ ~As ~n0e~u~wes~ se:we~ Acrss~. ~11 r~~A~. utle ~M ~w~n~~~ ~1 ~A~ Ma~~s{~ i~ ~M 1~ ~~y u~arr~nct pliats tASa fatt ~lull tUe ~wc~~ss~ a~~~~se. (A1 Te ~s~fi+rw. cwMly ~~tA ~~N ~?~t Yy s~d ~N tvsrr at suwla~~Ma. ~eswe~a. ceM~uMS ~M co•s~a~u i~~ ?rw~ssar i ~w1e ~M 1~~s ~te1 ss1 t~ttA. ~ 1 TA~1 if ~y ef s~N a~ of we~ty Asrt~~ tsf~ntl le ~e sel KeMt1Y ~M (~lly NN ~~tA~~ t~t~e~~ ear• ~e.~ ~i~s~ ~ tAt !Mf ftrff~IlY ~tewta ~re ~M pY~~l~.~ ~f t~cA aM tvttY t~s ~~~N~I~~~MS. ~t~es~ee~s. condu~a~s ~M covse~nH of su/ ~aw~~- ~ ~ar ~ote aw~ ~A~s JseO. a euAe~. ~rt eet f~llr re~ta~~, caN1~tA •~d~ a~A d~s~ !y. ~Ae ~a~~ a{~rep~e sYw ws~i~osd i~~~ ~row~s~ar ~oie sAall ~sta~t Ore ~M Nydlt fad~~~tA a tAers~fier ~t ~As e~~~oA et tAe Mat~a~ee (~Ily snd cowOl~~elY ~s ~f iAs a~~~ ~Nre~~~e sw ot s~~A pre~~~aar se~e r~s a~~~Mlly •uPul~tb ~e ?s ~s~~ en srcA I~y. a.ra~~~ ~n s~~~ /ro~~ssay ao~e a Aere~a j to die eentrar ~et~ruA,1~~~u~. V 1 TA~~ oNsr to ~eetlerpe ~~e w~wray of t~s ~~?uea~.s ~e~ay .«wea. eec~we o1 tAe f~il~~e a~Ae Ma1~~{a ~o ~ay ~er ~~a. t •sss~~est. I~s?~li~r. e?I~u~ou e. encw~M~~ce o0en sud ~aNrty. ~s Atreu Kovi~N. sAsll eo~ ?s ~ecesa=ry a~eauuite ~h~~ Me ; wwtp~se sANI fusi Ny tAe ~~ws• ~ ; # The Moct~a~ee may. at his option. and without waivin~ his tiRht to accelerate the indebtedness heteby ; secured and to foreclose the same, pay eithei before ot •fte~ delinqueecy aey or all of those certain oeli~ations 1 reqwred by the terms heteof to be p~id by the Mort~a~or for the protectioe of the moress~e secwi~y o~ fot tAe col- ; lection of the indebtedness hereby secured. All sums .so advanced or paid by ~he Mort~~see shall be char~ed ieto ~ the mo~t~a~e account anc! become an inte~ral put thereof. subject.in all respects to the terms. cond~tions, and ~ covenants of the sfcxesaid promissoty eote. and this mott~a~e. as fully a~d to the same eatent as thou~h a patt I af the ori~inal indebtedness evidenced by said note and secured sy this mort~a~e. exceptin~ however. that said ~ sum: ;hall be repaid the Mott~a~ee forthwith upon its demand and be in addition to the ~e~ulu monthly install- ~ ments provided by the mat~a~e note. - 3. Tha1 the abstract or absuacts of title coverin~ the mc?rt~~ed propecty shall at all eimes, dwin~ the li(e : of this mart~a~e, remain in possession of the Mort~a~ee and in event of the foreclosure of this mort~a~e or other i transfet o~ titte to the mort~a~~d property in extin~uithment ot the. indebtedness secuted hereby. aU ~i~ht. title ' and interest of the Murt~a~a in and to any sucA ab:aacts of title shall pass to the purch~ser or ~r~ntee. 4. To the extent of the indebtedness of the Mon~s~or to the Mort~a~ee desccibed herein oc secured heteby, ' x the Mon~a~ee is hereby ~subro~ated to the lien ot liens snd to the ri~hts of the owners snd holde~: thereof of each ' and every mort~ase. lien or o~bec incua~bauce on the Iand describcd hereia whicli is paid ~nd!or satisfied. in ~ wbole a in part, out of the pmceeds of the loan de:cribed hetain a sacnred heteby. and the respective fiens of ~ said mort~a~es. liens or other incumbrances. shall be and the ssme and each of them hereby is preserved and shall ~ pa~s to and l?e held by the Mon~a~ee hetein as secutity for the iodebtednEss to the Mort~ajee herein described or hereby securcd. to the same extent that it would have been pteserved and would have been passed to and been ` held by the Mort~siee hsd it beee duly and te~ululy assi~ned. hanskrted, set orer. ~nd delivered unto the Mon- ; ~a~ee by separste deed ot assi~nment. notwithsundins the het that the same may be satisfied and cancelled of ; record. it bein~ the intention of the patties herew that the same will be satis~ied and cancelled of recad by the ; holders thereof at a about the time of the recordins of this nwn~a~a. ; S. In the event the ownership of the nw~t~asod pranisas, a any put thereot. becomes vested in s person ~ other than the Mort~a~or. the Mo~t~afee may. wiilwut aotice to the Mort~asa. deal with such successa or suc- cessws in interest with reterence to this deed and the debt hereby secuted. in the s~me manne~ as with the Mort- ~ Sasor without in any war vitiatins or dischst~in~ the Mort~a~ot's liability heteunder or upon the debt hereby secured. No ssle of the premises hereby nan~ased and no [orbeatance on the put of the Mort~a~ee. and no ex- ten:ion of che time fot the payment of the debt hereby secured ~iven by tbe Mort~a~ee :hall operate to release, dischar~e. modify. chanse or aifect tbe ori~inal liability ot the Mort~a~or herein either m whole or in put. 6. The lien of this deed secures and shatl continue to secure p~yment of said indebtedness or indebted• ~ ness. howeverevidtnced. Mrhether br said proa~issory note ot amr renewal or extension thereo[ or substitute there- } j for. or othecwise. until all such indebtedness shall have been fully paid. ~ 'i 7. In the event the ~ortsasors sell. catvty or transjtr the utorttojed pre~ises durint tht /iJt oj this ~ort- i ~a~e. then this ,~o?tsase shotl. at the option oJ N~t Mo?tsosee bereie~ beco~e in~ediately due a~d payablt Jor the I jutl su,s oJ the pirecipa! botance ad ietsnst tl~en due. ~ ~ ~ S. The tetms "Mort~asa" at~d "Matsa~ee" whrntver u:ed in this insttument shall include the heirs, f personal represenativas. successo~s snd assi~ns ot the tespective puties hereto. Wherever used the sinQutsr 3 ~ number shall include the plural aad the plural the sin~ulu. and the use of any ~ender shall include all ~enders. _ ~ 2 ~ ~ Si ed. sealed ~n the prese ce of: (Seal1 ' E ~ ' ' ~$l~~~ ~ ~ ! ~ , ~ ; i f C ~ ~ ' STATE OF FLORlDA ss ~ COUNTY OF ~ ST ~i.~TCIE ~ ~ e ore me personally appeared HORACE J.HUNTER and VERNA J. HtJNTER~ his wife, ~ to me well knowm and kno~?n to me to be the individuals described in and who e:ecuted the fore~oin~ insuument. ~ and aciuwwled~ed betote me that they eaecuted the same tor the purposes there~n expressed. WITNESS my hand , ~ and off~cisl seal ~n the County and State last aforesaid this 29th Daq O ly~ 1977 g ~ - - . ~~~~t J1~ l~ ' _ ' . ,J~ f~ • June 30 1979 ` ' My Canmission Expires: ~ Notuy Public. Statt Q!' _ ~ .1 j , _ . Q ~ ' ~ : f ~ jt~ : S ~ ~Hi ~ ~ ~ . _ ~ . ~ .a_i,,_- ~ 0 J, uW1E Q~~~ ~ ~ 0 : ~ : ~ ~04Ea Cu~ COURT ~ ~ : ~~,ER~ ~tA ~f u : q - o~~ ~ _ , n~^.cp~ v _ . t' ~ ~ I,~~''`~~nniin {~16 ~ 1~ ~0 0 ~ ?~j , w - d001~ ~ 1 PACE ; ° ° ~ . -a _ .