HomeMy WebLinkAbout0719 , ' aur file #5-38,101
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~Au wa~~~~e w o~Aer tr~eale~ ot n~ls tu ~AS oat~aasd otootrly u~ ea~~wal~e~~ a iYs .wk~~eMcss secrd l~e.ey_ ai~ r,rti sae
•nd in~ues~ of IAe Ma~{a~w ~p snd to ~ey ~asurascs oolic~ss ~Asa ~e (ac~ sl~all Mss w d~e wrcLase~ ~ra~~ee_
(A) To OtfIM~ cw~oly ~r~tA ~a0 a?~ds !y e~cA ~M e~ttr tA~ suwls~~ws. ~~res~ewts. cey~aa~s ~ cwe~arrs a.ai ~~r~ry
aae sud is ~a dsea ae~ faW.
li 1 TU~t d~er o( s~~A aws of ~ey Aere~a rs(~Red ~o Ae not OrawO~ly uW f~lly p~ .~d~~w final~s ~w ara r
tAe sawe serti~llr becawea drt ~ed ~y~?Ie. ot if e~tA s~d eve~y tAe suptlH~o~s. y~ss~ewis. cawr.uwa ~M ewe~ d sad ~s-
say note aM tAis deed. a eube~. ~r~ ao1 fu11Y 0~~«~d. casolisA .~tA ~M a~~d +Me .a~ a~sy~~ ~~w~/ ~ s,a./
po~asay ~ote sAall bsca~s dre and osYalle fa~A.~tb a Us~eatier ~t tAe aot~o~ o( uc f~e~~ec as l~d/y ar a~ie~r4 as 1~e -
ss~d aa{reja~e aw of said Oro~~asay so~s rr~s a~~~a~11Y suwl~tsd to Ae a~A a~ srcY ~ay. a~~nl?r~ ~ ss./ ~srez ws ~r ie~~
to tAe eoMruy not~rl~hs~snd~n~.
V 1 TAat ~s ade~ to aceele~~te ~Ae ew~~n~y of tAs i~debtedoess As~eby secrrN. becawe d Me ta,Mwe rc frr~~r r~ a~ ~
•saessaen~. lubility. obl~~tioe « encuw~~nce ~pon sai0 poper~y. as Aea~w prov~ed. u sYsU ~t Ye aaes:a~r ~~~e ~ra ~e
wwt~sase shall hn~ PaY tAt s~~e.
2. The Mort~a~ee may, at his option. and without waivin~ his ri~t to ucelerau t~e iaieMeiess iae~
secured and to foreclose the same, pay eithe~ befote ot aftet delinquency any ot all o~ ~ose cmai~ ~lipt~ws
required by the terms heteot to be paid by the Mott~a~ot for the pwtectioa o( tbe martsa~e searwY ~r ~is ie eei-
lection oi the indebtedness hereby secuced, All sums so advanced or paid by t6e filortis~~oe s~all ~e e~a~e~i ~
the mort~a~e account a~1 become an inte~al put theceof. subject in all respects w ae ~a~s. e~wi~s. ai
covenants of the afaresaid promissory note, and this mott`a~e. as folly and to tl~e sase s~e~t ss ~ a p~ -
o[ the ori~inal indebtedness evidenced by said note and secured by this mort~ate~ eue~ti~ ro~e~r. iat sa:i `
sums shall be repaid the Mort~s~ee forthwith upon its demand aad be in sdditio~ tio tie repl~r,~wil~j rstsl4 =
ments provided by ihe mottas`e aote.
3. That the abauact or absuacts of title coverin~ the mortaased propertp sbal! at a!1 tiies. ii~ ie 4ie '
of this mort`a=e. remain in possession of the Mort~asee and in event of tbe foreebswe d is r~,~e or ~ier =
transfar of title to the mort~ased propetty in extin~uishment ot the iadebte~ess sec~ei raeyr. ali wle ~
and interest o~ the M~mta~or in aad to aey such absuacts o[ title shall psss to tLe p~rc~r ~r ~raree_ ~
4. To the extent of the indebtedness o[ the Mott~s~or to the Mottjaiee dcsaibd ra~ea ar s~c~d berj. ~
tht Mortsa~ee is hereby sulxo~ated to the lien ot lians and to ihe ri~hts of tbe o~rae~s a~i ~iiers ine~f ~f ea~c~ `
a~d every mort~a`e. lien or othar incumbtance on the land desctibed heteia w~6icL is pii a~i.'~r sa~isfio~~. ~
whole ot in pan, oot of ihe proceeds of the loan deacribed heteia a secrted 6a~eb~r. a~i ie ~oc~i.e `eas 1
said rtwrtasges,~iens or other incumbtaaces. shall be and the same aad eac6 d treo raeyi i: fesea.ei ai srall
pass to and be held ~y the Mat~a~ee herein as security for tbe indebtcdness to ~Le 1M~rt~a~ee ieaei iescni~i
or hereby secured. to the same eztent that it would have been _preserved aad ~ror1~ rare iee~ ~sd ~ ai ~as .
held by the Mort~asee had it been dnly. and resulatly assianed, traas[erred. set o~a, a¦i idi~d ~r ie
~atee by separate deed of assisnment. not~ithstandins the fact thu tbe saee eiap 6e satisf'iei a~i ea¦odld of
record. it bein` the intention ot the puties heteto that the same will be satisfiea ar p~odld et ~eewi y ie
holders thereot at or about t6e time of the recordins of this nact~a~e. ~
S. ln the event the ownersbip of the mott~a~ed preenises~ ot aay psrt t6eced. tie,oo~es aesad ir a*ersw
other than the Mort~a~or. the ~loit~a~ee may. Mitkout aotice to the Moctssja. deal .riBi saci siceess~r ~r s.e- s
cessors in interest with refetence to this deed and the debt heteby seciued. ia tbe sa~e ~ as ~ii ie ~E- ~
~aioc without in any way vitistin~ ot dischusin~ tfie Mott~a~at's liability 6aereier ar a~a~ ie ieia ~eaerj ~
secured. No sale ot the premises he~eby mon~ased and ao forbearaace oa tbe part d ie fis~p~ee~ si r e~
tension of the time for the payment of the debt hereby secured ~iren by t6e Mortsa~ee s~all a~era~e r aelease. ~
dischar~e. modify. chan~e w affect the oti~inal liability of the Mort~asoc hercis eittia ~~e1e er i~ pr~_ ~
6. The lien of this deed secures and shall contiewe to secare pa~nneat of sar ia3eMe~ess e~r i¦~eMei. t
ness. however evidenced. whether by said promissory note or any rene.ral a e:teasio~ iaedor s~is~e iesN ~
for. or otherwise, until all such indebtedness :hall hsve been tully paid. ~ i
7. In ~he event tl~e ~nortgo~ors sell. convey w t?onsjer ~he wo.tgaaed p?ewises ~ri~ iie /s~r ~ iis a~r~_ ~
~agt. then thes nwr~gege shall. at the oplion oJ the Afortgugee herein. 6ecowe e~wedi~tet~r 6e r~~ilr ~r we ~
i jull stue oJ Ihe principal balarect m~d inte~est then dut. ~
~ 8. The te~ms "Mortta~or" ard "Mort~a~ee" when~ver used ia lhis instrmseat siall ~eclre ie rars. ~
~ pasonal representativ~s, successots and assi~ns of the rospective puties 6ereto. Kere~er ~sei ~e s~tar ;
~ numbet shall include the plural and the plutal the sin~ulu. and the use of aay ~ea~der s~all i~d~ie aY ~s_ t
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< <ned. se ed elivere in the presence of: '~T.~L~J ~~p ;
, ~Seap
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E STATE OF FLORIDA ~ Y
~ COUNTY OF~ ss - ~
~ S~.LUCIE ~ -
~ Betore me personally appeared MARTHA THOMAS, an unmarried fi~D, ~
! to me well knovm and known to me to be the individual: described in and wiw e=ec~td ~e i~epaa~ .w~rs~. ~
~ and acknowled6ed befote me that they e:ecuted the same fot -the purposes there.o e~esse~ iIT~'E53 ~ ia~i ~
and official seal in the County and State ~asc ataes.~d c~~s - 30th Day Of JIIZ , 1977. ~
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~ Hy c«~~::~o~ ExP~«:_ June 30, 1979 Notary Public. Stst~.~F~
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