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~ our file~#5-38,111 ~
u~s ~qye a NAtr ui~ste~ ef ~~tle to ~M ~4a~N /r~K~~y u~ suu~~islw~~ 01 IAs ~~dtlq~~esa ss:we~ ~tre~y. all u~h~. u~le 4
W ~Mnesf d ~At 1M~~~yM ~w ~w~ t~ a~y uurn~e~ Niic~~~ ~M~ facs ~A~11 M~i tAt ~wcA~ser a{~+~~ee. i
~ T~ ~a/a~, coMly .~u ~N .MM ~n ~~d aM ~vsrr UN shwl~t~asa. ~p~~ws~u. ceM~~~o~s aM coveua~~s ~a s~N ~w~~ssay ~
M1s aM u~ M~s Ise~ s~t fKt4. ~ C
l~1 ?1~t ~f My e/ s~~ swa et ~owtY Atre~~ n(eRe~ le ~e nol ~toylly ~M f~lly N~ ~~~A~n f~(tese Qiys ~sa~ af~er i
1~s iaws ssrer~lir ~sc.wss ~w •M o•r•~~~.« if eatA a1w tvs~r d1e i~~N~l~ue~s. ~t~st~ena. cond~~~oea ~M eove~~e~s of s~i0 Ko~~s-
s~rr rte a~ tA~s ~se0. w e~Me~. ~n nN f~lhr ~erfer~e~. cayl~sd .~di ~~0 ~?~N !y, ~Ae s~~d skre~s~e sYw wesuoeel ~e sa~~ ~
~ra~xuar ~ote siwlt ?eca~t ~w aM NrNle taM~r~~A a thsrs~f~e~ •t tAe eoi~o~ ef ibe l~la~~s~ee as (u11Y aM conoleuly ~s ~t tAe ;
sa~ y~ns~« sw e( au~ po~~~s~ar ~as ~~s K~~~~a11y iuprl~tel te Ye ~a~ os src~ A~y. ~~ydun~ ~n s~~1 Ke~~ssaY ~e~e a Aere~a ~
t• t~e c~wlrMr ~Ot~~lblaMuK.
1 TAa~ M eNa a seetla~~e ~Ac Mwray ef t~e ~~ds?teAoess ~ere?y sec~re~. beciwe ol tAe fa~l~rs of iAe ~o o.r aAr ;
ssssss~e~~, bsMlity. e?1~~~~on er sncw~M~~ce ~pon a~~1 Keosr~y. ~s hs~s~w ~or~~e1. sAall not bs ~ecesaary a a~~i~u tAa~ ehe ?
~~ee sA~ll tus~ Mr ue sawe.
2. The Mon~asee may. at his option. and without waivin~ his ~i~ht to accelecate the_ indebtednes: hereby ~
secured snd to fo~eclose the same, pay either before ot aRer delinquency any o~ all of those ceruin obli~ations ~
aqu~red by ~be eerms heKOt eo be paid by ~he Mo~~~a~ot fot the ptotection of the m~??t~a~e secutity ot for the col- f
lectioa ot the indebtedness hereby secuced. All sums so advanced ot p~id by the Mo~t~a~ee shsll be chst~ed into ~
~be mort~a~e account snd become an inte~ral patt thereof. subjact in a11 ~espects to the terms. cond~tions, and ~
co~ensnts ot the afaes~id pcomissoty note. and this mott~a~e. as fully and to the same extent as thou~h a part ~
af the ori~mal indebtedness evidenced by :aid note and secured by thi: mo~ya~e. exceptin~ however. thst said ;
swns sAall be tepaid tht Mott~a~ee fotthwith upon its demand and be in addition to the re~ulu monthly install- i
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~uents provided by the mart~a~e note. ~ ~
3. That the sbsuact or absuacts of title coverin~ the mnrt~a~ed propeny sfiall at all times. durin~ the Iile ~
of th~s matt~a~e, remsin in pc+ssession of the Mocf~a~ee snd in event of the foreclosute of this mort~s~e ot other °
uaaster ot title to the mort~a~ed propeny in extin~uishment oi the indebtednes: secured hereby. all ri~ht. t~tle E
snd interest of the Murt~a~a in and to any such.abstrscts of title shNl p~ss to the parchase~ or ~rantee. ~
4. To tbe extent of the indebeedness of the Mort~s~or to the Mottsa~ee described hecein or :ecuced hereby,
the Mwt~s~ee is hereby subro~ated to tbe lien ot liens and to the ri~hts of the ownets and holder• thereof of esch ~
a~d e~ery awn~a~e. tien or otber incna~btance on the land described hetein wbich is pai6 ~nd!or satisCed. in
~rhole or ie pan, out o~ the p~oceeds of 1he loan described herein ot secwed heteby. and the respective tians-of
said ~art~afes, lieas ot other incumbrances. shall be and the san+e snd e~ch ot them heteby is prcserved and shall j
pass to and be held br the Mort~a~ee heroin as security for the indebtedness to the Mort~a~ee hetein desctibed ` r
or Aereby senued. to tbe same extent tbat it wonld have been preserved and would have been pasaed to and been
held b~? the ~Aon~a~ee hsd it been duly and re~ululy assi~ned. trsnt(ened. set over. and delivered ynto the Mort-
~asee by sepsrate deed of a:si~nmeet. not~ithst~ndin~ the ~act that ehe same ~nay be satis(ied and cancelled of
recard. it beins the intent~on of the patties hereto that the same will be sati~fied and caecelled of tecad by the
6olders thereof at ot about tbe time of ths recadini of this nart~s~e.
S. tn the event the ownership of the nwrt~ased premises. a any put thereof. becomes vesced in a person
ahe~ tbau tbe Mon=s~or. tl~e Mort~a~ee may. witLout notice to the Mort~a~a. deal with such successor a suc-
cessors ia intercst with reterence to this deed and the debt hereby secured. in the same manner as with the Mort-
~a~o~ .rit6out in any way vit~atin~ or dischar~in~ the Mort~a~ot's liability hereunde~ o~ upon the debt hereby ;
seenred. No ssle of the premises heteby mort~afed .~a ~ r«~u.~~~ ~ u~~ v~~ or a~~ ~«~a~ee. and no ez• ;
tensio~ of the time fa the payment of the debt hereby secured ~iven by the Mott~a~ee sh~ll operate to ~elease.
d~schu~e. nadiiy. chan~e or affect the ori~inal liability ot the Mortfa~ot herein either ~n whole or in patt.
6. Tbe lien of this deed secutes and shall contiaue to secure payment of szid indebtedness or indebted-
ness. ho.re~er e~idenced. wfiethet by s~id ptomissory note or ~ny renewsl or extension thereof or substitute there-
i Ior. ot ot~envise. unul all sucb indebtedness shall have been fully psid. ;
i 7. /n the evtnt tht ~ortsajo?s stll. coavey or tro~sjer the ~aohsottd pen~ists durin~ tht fiJt oj this ~o~t• ;
r sa~t. tlre+e tkis watso~e skall. a ~tie oaio~ of ~e Mo.raa~e~ he.~in. beco~e i~n,~edictely due ond poya6le Jor the '
{ /~ll srw oJ tJrt pincipo[ balonce and intenst /Aen dut. `
~ a. The tenns "Mott~asot" and "Irbrt~asee" whenever used in this insttument shall include the heirs, ;
pasa~at tepresentati~cs, suceessors and sssi~ns ot the respective patties heteto. Wherever used the sin~ulsr ~
~ awnber shall include tbe plural ud the plural the sinsulu. and the use of aoy ~ender shall include all ~enders. t
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~ Si . seal nd li re n the presence of: (Seal)
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~ STATE OF FLORIDA ~ ~
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~ 8elore me personally appeared ESTELLE STEVENS, an unmarried woman,
` to ese ~ell known~ a~d kaown to ene to be the indi~idwls desctibed in a~ who esecuted tAe loie~oin~ ~nsuument, ;
~ aed ackno.rled~ed before me that they esecuted the same for the purposes there~n expressed. WITNESS my Qand °
~ and otf~usl seal in the County snd Sate last afaesaid this 29th D8y of July, 1977.
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~ Vp Caarnission Expires: June 30, 1979 Notary Public. Sate~o`~,: ~'-r
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60dK~~ ~ACE ~ ~