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' • ' o~ur file #5-38, 378
th~s a~w~~~ae ur o~Asr uanate~ ot h~l~ w ~hs ~~saN ~rop~rty u~ swu~wsla~s~t ol tAs ~~Iebtedwess secwed As~eOY. ~U nsA~. ~~~le
~~d ~n~e~ea~ of tAe Ma~~~iw ~n aed to aey ~wrr~ncs oolic~~a Ihss ia tatt ~A~11 Maa a thc ~wcA~ssr br ~r~n~ee.
(A) To oc~fa~. curoly •uA ~sd ~?~ds br eacA aad s.sry y. .~~wu~iau. ~~ecwe~u. ca~dit~o~s aN cov~ws~~• ~a s~N pow~ssay
•ote ~a0 i~ A~s deeA set taW.
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(il TAat if ~er of suA swsa ot wo~sy Asrs~~ ~tferteA to bs sot ~ro~lr sar f~lly oa~ +i~A~n Gftecs d~rs ~e~~ alier - `
Mt saws ssvually ~sco~ta OYe aed osrsal~.a if s~cA ~N ~vs~r tMe suwl~ua~s. Wee~eAts. caWu~oss aM covs~~ats of sa~/ Ka~~s•
sa~y no~e ~nd ~~Ais dted. or e~tMe~. u~ ~W f~11Y i~~~~. coyliN +rid a?idN ~y. ~~e ssN a~ep~e sw~ *esua~sd u~ su~
~rawissay ~ots sAalt leea~e dw an0 Mya~l~ 1arM~ritA a tQer~~(isr at U?e aotio~ of ~Ae Mo~tptss ~s (rllr a~N cowoktsyr as if tAs
said a~sr~p~e s~ o( s~id po~iisay ~ot~ ~rai er~~uullr a~ipd~iN ~e Ye pr aw snc~ d~Y. a~Yd~uy + s~id ~row~isoqr ~ot~ or ?sre~~
to ~Ae coetrKr not~itbtaudiq. !
(j ) Tha~ i~ aAs~ ~o ~ecelerate ~he w~irrnr of tAe i~de?tedaeas Uere~y sscnrN. sec~rae ol the t~~l~e o( tAe M«tpsa ~o pr aar ua.
assess~eat, I~sb~li~Y. obli~atioa a enc~s~es ups sa~A pop~rty. as Ae~ei~ ~ovi~se. sAsil ne~ Ae ~eces~eulr or reNui~te Wa~ du ~
¦aq~sse sMall fi~a~ oslr tMe su~e.
2. The 11+lwt~a~ee msy. at his option. and without waivin~ his ri~ht to accelerate the indebtedness hereby ~
secured a~ to toreclose the same, pay either before or atte~ delinquency any or all of those cettaie oslisations ,
required by the terms hereof to be paid by the Mortsatot fa the protectioa of the mcxt~a~e security oc fot tbe col-
lectioo of tht iodebtedrtess he~eby secured. All sums so advanced or paid by the Mort~s~ee shall be chat~ed ieto
the mort~a~e account and become ae inte~tal put thereot. subject in all respects to the terms. conditions. aed
covenants of the aforesaid promissoty note, and lhis mortsa~e~ as fuliy and to tbe same exteat as ehou~h a put
of the ori~inal indebtedness evideaced by said note and ucured by this mort~are, eaceptin~ howevec. that ssid
sums shali be repaid the Mat`a~ee torthwith upon its demsnd aad be in addition to tbe ce~ular monthly instail•
ments provided by iha mat~a~e note. .
3. That the sbstract or abstrscts o[ title covetia~ the mori~a~ed property shall st sll times. d~srin~ ~he life
af this mat`ase. remain in possessioe ot the Mort~a~ee and in event of the [oreclosure of this mort`sse a otha
u~sre~ or u~~~ to ~n~ ~n~.~~a a~ny in eatia~uishmeet of ths iadebtedRess secwed hereby. ali ri~ht. title
and int4teat of the M~xt~a~or in and to any such absvacts ot-title shall psss to tbe p~ucA~ser o~ ~antee.
4. To the extent of the indebtedness of the Mort~a~or ta the Moctsssee desccibed hetein or. secnred heteb~r.
tho Mort~s~ee is heteby subro~ated to tha lien or lieas and to the ri~hts of tbe owners aad 6olde~s tbereo~ of each
and erery mort~a~e. 11'~en or otber incwabraace oa the land described hereia whic6 i= paid andlor satisCad. in
whole a ia pan. out ot the proceed: of the loan desctibed herein ot sacmed 6enby. aod the tespective lieat ot
said nart~ajes, liees or other incumbcances, shall be and t6e same aad esch of then~ hereby is presecved aad shsll
pass to and be hetd by the Mottsa:ee herein as security tot lbe indebtedatss to the.Mort~a~ee hereia described
or hereby secuted. to the same extent tbst it would have been ptasetved aad aonld 6a~e beea passed to snd becn
held by the Mortis~ee had it beeo dnly and resululy assisned. transfened, set over. ~nd delirered unto tbe Mort-
=a~ee by separate deed of assi~nmaat.~aotwithstaadins the fact that the sa~ee may be satisfied aad caacelled oi
tecad, it beina tbe intention of the patties hereto,tbu the same will be satisfied and caacelled at recwd by the
holders thereof u ot about the time of the recotdins M this awttsaia. . -
3. ~ in the event the owaership oi the nwtt~a~od pceu~ises. a any put theteot. becomes vested in a person E
other than the Mort=a~or, tbe Mort~s~ee may. without aotice to the Moct~aja, deal with such successor a suc-
ce:sors in intcrest wit6 re[erence to this deed and the debt heraby secnred, in the saaie manner as with the Mort-
~a~or without in any way vitiatin~ ot dischat~inj tl~ Mat~a~oc's liability herew~der or upon tbe debt Aereby
secured. No sale o( the premises hereby mort~a~ed aad no [abearance on the pa~t of tbe Mort~a~ee. and no e:• ~
tension of the time for the payment of ~he debt hereby secured fiven by t6e ~Aortsasee shall operate to release.
dischuse. modify~ chan~e or affect the ori~iaal liabilitr of the Mort~a~ot hereia either in whole oc in put. "
6. The tien of this deed secnres aeid shall cantiaue to secute paymeat o[ said iadebtedness_ or indebted-
ness. hoMever evidencad. whether by said promissory aote a say ceaewal a extension theteof ot substitute there- -
(or. ot otherwise. unti! atl such indebtedness shall have been fully paid.
7. IR ~he event the +~on~asors stll~ co~y or t~onsJer tht ~on~a~ed pen~ises dwina tl~e lije oj this wort• '
~ ~age. ~ktn this mat~a~t shall, at tht optioe oj tbt Afwtgagee herein. 6eco~e i~edia~ely due and payable Jor the ~
~ jutl sun~ oJ the piincipat balance and intertst then ds+e.
8. The terms "Mott~a~or" and "Moct~a~ee" whene,ver used in this ~nsttumeat shall include the heirs.
persoeal represeatativ~s. successas and assifas of the respective parties herew. Wharever used the sinaulat
number sF~sll include the plural and.y~e plural the sin~ulu. and the use of aay ~ender shall inelude all fenders. -
l
Sipi , seale nd liv ed i ti~e presence of: 1Ses1)
~ -
~ ~Seal)
STATE OF Ft,ORIDA
COUNTY OF~ ss '
SeTe~ojrevme~personalty appeued CALUMBUS MARTIN, JR. aud JOSIE MARTIN, his wife,
to me ~?ell known and known to me to be t6e iedividuals desctibed in and who esecuted the tore~oin~ instrwnent,
and ackno~ledsed befote me that they e:ecuted the same for the purposes therein expressed. WfTNESS my 6and
and official seal ia the County and Sate last aforessid tbis 3,~.st Day Of A 1977. .
S
Florf y ~'''~b~
~ty Commission Eapires: .Ttltle 3~, 1979 Notary Public, ate of
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CIERR C1RCIf11 COUR ~ f
prr.aGR VER?f1E0 ~ ^ : ~ -
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3~P I~ 3 0~ PM 11.
~e~K 274 P~ b~3 '