HomeMy WebLinkAbout0146 ovr fiaie #5-38;521
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tA~s wa~~~ae ~ otAa ~w~afa ot ~nle w~Ae ~en~~~s~ MeDS~ty u~ sal~~~~~~M~s~~ ot iAs ~nOta~eOness ~s.we1 Aeres). •11 naM, uqe
~~t ~~~e~e~~ 01 Ms 1ier~~w a~ a~~y ?~aw~ses pl~c~t! tAt~ ~e (e~es sA~ll M~s to IAt WttA~se~ a Nae~ee.
tb) .Te ~er(~rw, cu~lr r~~ ~n/ •~~is ~r s~eA ~~A sve~y tA~ •upl~uo~s. ~~resw~~U. ta~0~~~oas ~a1 co~en~~~s ~a s~~0 ~~w~~ssall
~we and tA~~ deed sei fa~A.
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(~l TAa1 ~t ~ny of s~~~ awu ot wo~ey Acrt~s ttfstte0 to ~e nol Otoytly ~M fu1tY N~ ~~~A~e f~ftten dsYs ~t~1 af~et ?
tAe ~~wt sever~llr Yecawes ~re ~M Nr~sis.a ~f t~cA aM svs~Y ~As a~a?la~~ans, ~sree~sn~s. cond~~~oes sM co•e+~~a~s ei saiA ~o~~s- _
sar ~e1e aM t~~s AeeO. or e~~Ae~. us Aot trlly ~e~/awsA. capl~ed .r~tA ~ed ~~~ded !Y. ~Ae s~~d a{a~eq~e sw~ seei~oned s~~A ~
~o~~siar eo~e sA~ll ?eco~e d~s .~e oay.eie fatA~~tL Of IAtft~~ltf ~Ae oo~~oe et iAe Mat~a~se as (~Ily a~d co+qlelely aa ~f ~Ae ~
s~~~ ~~~re~a~s swi ef t~~0 ~a~uR~aY Ao~e ~~a a~i~~ally •i~pul~tsd ~o !e ~a~a ou srcM d~y. a~ycA~n~ ~n s~~d pas~sao~Y eo~e a Asre~e
to ~Ae coeuuY uu~.~tASUMuy.
1 TAa~ ~A erler to ace~i~r~te ~At w~unlr of tAe ~edeAtcdness Asrc?y secrteA. Aec~wt ol Me fa~l~tt ot ~he AAa~{a~a ~o PaY sey
asseas~en~. Ius~lilY. ell~~~~ion e. encw~Msnce uoon sad ~~+oeny. ~s Rers+n oroti~Ie1. sASll noi oe aecss•sry or repu~s~~e M~i thc
~ai~~~ee sA~11 /~~s~ yy tAe s~~e. ~
. 3. The Mort~a~ta may, st h~s opt~on. and without waivin~ his ri~ht to accelerate the indebtedoess hereby
serured and to foreclose the same, pay eithet before o~ after delinquency any ot all o~ those cettain obli~at~ons ~
requ~red by the terms hereof to be paid by the Mott~a~ot for the protection of ~he mcxt~a~e secwity or fot the col- `
lection ot the ir?debtedness hereby secuted. All sums so advanced ot pa~d by the Mort~a~ee shall be chsrjed imo ~
the mat~a~e account and become an inte6ral put thertof. subject in ali respects to the terms. cond~tions, and i
cavenants of the aforesald p~omissory note. snd this mottsa~e. as fuily and to the same extent as thou~h a put
of the ori~~nal indebtedness ev~denced by said note and secured by thi: mott~a~e, exceptin~ however, that said
sums shall be repaid the M~t~s~ee forthwith upon its dem~nd and be in~ addition to the ~e6ular monthty ~nstall- ~
ments provided by tha mott~a~e note.
3. That the abstract ot abstracts of title coverin~ the mnrt`a~ed propetty shall at all times. durins the life ;
of th~s nart~a~t, ~emain in pc~ssession of the Mort~a=ee and in event o( ihe foreciosute of this mort~a~e or othe~ ~
transfer ot t~tle to the natt~s~ed property in extinsuishment of the indebtedness :ecuted hereby. all ri~ht. title
and interest of the :N~xtsajot in and to any such sbsttacts of title :hall pass to the purcha:e~ ot ~rsntee.
4. To the eztent ot the indebtedness of the Mon~a~or to the Mort~a~ee described her~in or secured hereby,
the Mott~s~ee is hereby subro~ated to the lien ot liens and to the ri~hts of the owners and holders thereot of eich
an~ every mort~a~e, lien or other incumbrance ort the la~d described herein which is paid and!or satisCied~ in
~rhole or in part, out of the proceeds ot the loan describcd he~ein or :ecured heteby. and the respective lien: of
said e~ortia~es, lions or olher incwnbrance:, shall be aed the same and esch ot them heteby is presarved and shall
pass to and be held by the Mortsa~ee herain as security fot the indebted~sss to the Mort~a~ee herein desccibed
or hereby secured, to the same extent tbat it would have been ptesetved and would Aave been passed to and been
held by the 1Aort~a=ee had it been duly ~nd re~ululy assi~ned. ttansfettod. set over. and delivered unto the Mort-
~a~ee by sepatate deed of assi~nment. notwith:tandin~ the lsct thu tht sanie tnay bt satis(ied and cancelled of
record. it bein~ the i~tent~on ot the puties hereto that the same will be satisfied and csncelled of record by the
holdets thereof at ot about the time o! the recordins of this mort~a=e.
S. In the eveet the ownership of the mort~ased promises. or any psrt thereof. becomes vested in a person
other than the Mort~a~or. the ~Mort~a:ee may. without notice to the Mortsa~or. deal with such successa or suc-
ceasors in intetest with teference to this deed snd the debt hereby secured. in the same m~~nor ss with the Mort-
~a~or without in any way vet~atin~ or dischat~inj the Mottsa~or': liability hereunder ot upon the debt hereby
secured. No ssle of the ptemises hereby nan~a~ed and no [orbeuance on the put of the Mort~a~ee. and no ex-
tension of [he time for the payment of th~ debt hereby secuted ~iven by the Moct~a~ee shall operate to ~elease.
d~schar~e. mod~fy, chan~e or atfect the ori~~nal liab~lity of the Mort~a~or here~n either ~n whol~ or in psrt.
6. The lien of this deed secutes and shall continue to secure psyinent of ssid indebtedness or ~ndebted-
ness, however evidenced. whethe~ br said promissoty note or any renewal a extension thereof or subsutute there-
tor. or otherwise. until all such indebtedness shal! have been tully paid.
7. /n ~ht evtnt the a~ortQajas setl. convey or transjer 1ht Monso~ed preinises during the liJt oj this a~o?f-
~aRt, then this na?tsast shall. ot eht option oj ~he Afort~ejee kertin, btconie inu~ediQtely due and pQyebfe Jor tht
jull sun~ oJ tht p?~ncipol ba/anct and inttrest ~hen due.
8. The tenns "Mort~a~or" ~nd "Mort~a~ee" whenaver used in this instrument shall ~nclude the heirs,
personsl represenativ~s. successors and assijns of the respective puties heceto. Wherever used the sin~ular
number shall include the plural and the plural the sinsufar, aed the use of any ~ender shall include all ~enders.
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Si~ned. se ed a eliveted the prcsence o[: - ~~'~""~'M. ISeal)
/-l~ ~~«[Q/?-~ ~Seal)
• F !E~ ANO RE~pAOE6
S~.lUC1E COUNTY flA.
aocf~ Po~rrus ~~0221
CIERK CIRCUIT CQURT
STATE OF FLORIDA ~ ' ' rE~'r~EO
COUNTY OF ss
ST . LU~ ~ ~ ~ ~ ~?F.AMER
Befo~e me petsonslly sppeartd WII,I,I,AI~I RFI~MER Snd1 A i ,his wife,
to me well known snd known to me to be the individuals described in snd who eaecuted the foretoin~ ~nsuument.
~tnd acknow)ed~ed before mc that they executed the same for the purposes there~n expressed. WITNESS my hand
snd ofGc~al seal in the County and State last aforesaid this 19th Day Of p ember, 1977.
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1Ay Canmission Expires: Y~Q ~0~ 1979 Notuy Pubti ' it~t~'Qi ~ g a L8r e
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