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lhia m~wtg~~tr ur ulher I~rmirr ~~f ultr lu ~hr u~~n1~.~F..t pr~~p.-~1> ~n r~lu~~u~,limcnt Uir inJrhl~•ilur.~ .ccurrJ hcrcby, rq r~g61. thlr
anJ i~tr~rst uf lhr Murtga~;ur ~n a~wl tu an~ m~uraurc {w~la~r~ ~hrn ui f.~rir ~h:dl ~u~~ lu Ihc punh:~~rt or ~r:u~~rr.
(h~ Iu p~tturm. complY ~~~th .~nJ ~hi~lc b~ a~ach .u~d rvrry Ihc ~II~~UIJIhHI~, dK(Ci'Ola'llh, auuJ~tN~u? anJ cuarnrnt~ in +aiJ ~~run~i~v~r~
rn~te and in Ihis dra~f xt f~~r~h.
(i) 1 hal if any uf v~d wm~ ~~f munr~ I~.~r~n n•Irrrrd t~~ hr rn~t ~~rumptl> .~nJ lulh a~~~J ~~q)un f~ll.rn J~?~ ur~l rflrt ihr .amr ~r~iKell>
brr~rmr~ Jae and pe>ehl.. ~f r,~~h au~l r~a•r~ Ihr ~~ipuL~ln~n.. .~grreturnt., cun~1~IM~r..~ud .u~.aiu~. ..~~a r~"~~,~•~~n~ :,~~a ~n~. ~
drrJ. qt rilhrr, ~ro ~Na (ull> paY(unnrJ. .~~mpln•J a~Ih enA .d,~drQ h~, tl~r w~J .iF;~ttr~;atr wni mewM~nrd m vni pa~nii.v~~> m~tr .h~ll hr
cumr Jur and p~?rhlr fn~lhiauh ~~r Iharr:Jir~ .u thr ~~ph~~n ~d 11u~ \I~~rlK~grr lull~ end :~~~nplrlrl~ II Ull' VIII .I],'([ICt,'JIC .um ut ~~J
prum~~w~r~ ~w~~r ~~n~e~nalh .t~~~ul.~lr.l l~~ hr prkl un wch .ti~ , an> th~ug m ti~J ~x~~ni~~wrr> nut~• ur drrcm 1~~ Ihr C~~IUf;!O' INH\\IIIhIJII~f~ng.
U) (ha! in urJrr tu acrrirr,~l.• Ihr ntatu~rt~ u( Ihr iuJrbirJi~e.~ 1~•yrh~ .atiurrd. hr~au~r uf thr I:ulure uf ll~r \lutigagur tn (US :Iil)'l:1R.
r~sr~~mrnt. fiah~lit~, ubtigrtiun o~ rn~•umM~rt.-r up~n ~:ud pr.,~~rrty. e~ h.rrm pru.~.t~•J. il ~hall nu1 hc nrc.•~un u~ ~ryui.itr thal thr
murtg.y~.ti ~h:~ll fir.1 p~~ Ihc vnlr.
3. The Murtgagee may, at his option, and withuut w~iving I?is right tu ac~rlrrate Ihe indebtrclne~ti hereby xecured
and to forecluce the same, pay eilher hetore or a(ter deli~~uency any u~ all of ~h~e cerrain obligations rcquind by the ferms f
hereaf to be paid by the ~lortgagur for the protectiun of the mort~ge security or (or the cullection of Ihe indebtednec~
,
hereby secured. Al) sums so advanced or paid by the ~torig;.~gee shall be char~ed into d~e mortgage accnunt and becume an €
integtal part thereof, subject in aU respe~:ts tu the terms, conditions, anJ co~e~wnt. uf the a[oresaid p~omi~.~?ury ~~ute, aud this ~
mort$age, as fully and to the same extent as thoug~ii a part ot the original i~idebtednes~ eridenced by said note and secured by ~
this mo~tgsge. excepting howerer, that said sums shal) be repaid the Murtgagee furthw~ith upon its demand and be in addition ~
to the regular monthly installments prorided by the mongage note. ~
~ 3. That the abstract or abstracts of title rnvering the mortgaged property ~hall at all timc~, during the Gfe of this '
mortgage, remain in pc?ssesciun of the Mortgagee and in event of 1he fortclosure of this mortgage ur other trensfer of title to
the mortgaged property in extinguishment of the indebtednea~ secured hereby, all ri~t, titk and interest uf the Mort~gur in r
and to any sucti ab~tracts of title shaq. pass tu the purchaser ar grantee_
4. • To the exteM of the indebtedne~ of the Mort~gur to the ttortgagee described herein or secured hereby, the
Mortg,agee is heteby subrogated to the tien or iiens and to tl~e rights uf the uwners an~ holders themof of each and every
mortgage, (ien or other ineumbrance on the land deccribed herein which is paid ~nd;ur satisfied. in whole or in part, out of . . f
the proceeds of the laan described herein oi arcured hereby, and the mspecti~e lienx of said nwrtgages, liens or other incum- f
brances, shal) be and thc same and each of them hereby is preserved and shatl ~sc to and be held by the Mortgdgee herein as
security for the indebtedness to the Mortgagee herein described or hereby ~ecured, to the same extent that it v?~ould have been .
preserved and would hare been passed to and been held by the ~lortgagee had it been duly and regularty a~igned, trans-
ferred, set over. and delivered unto the Mortgagee by separate deed of assignment, notwithstanding the fact that the same
may be satisP~ed and canctlled of record, it being t6e intention of the parties hereto that the same will be saticfied and can-
celled of record by the hdders thereot at.or about the time of the recorcfing of this_morigage. ~
S. t~ the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than ~
the Modgagor, the Mortg,~gee may, v?~thout notice to the Mortgagor, dea) w~th such sucoessor or succeswrs in interest with ;
reference to this deed and the debt hereby secured, in the same manner a~ with the Mortgagor without in any way vitiating or '
discharging the Mortgagoi
s liability hereunder or upon the debt hereby secured. No sale of the prrmise,c hereby mortgaged
and no forbearance on the part of the Mortgagee, and no exte~~sion of the time tor the payment of the debt hereb~~ secured
given by the Mortgagee shall operate to release, discharge, modify, change or affect the original iiabitity of the Mortgagor
herein either in whole or in part. - ~ ;
6. The lien of this deed secures and shatl continue to secure paymen! of said ii~debtedness or indebtedness, howevet
evidenced~ whether by said pmmissarv note or any renewal or extenaon thereof or substitute therefor, or otheraise, until atl
such indebtedne~ shaU have been fully paid.
7. b~ thc ch~ent dte nwrtgaKuis sell, cu?n~rv ur triulsji•r thc niurt.~ugeJ pre?rtiscs durrnR tlte lili~ ~~f l/tis nt~?rtKuQ~~. tl~en ,
this ntortgi~e si?all. o~ the opti~r~~ ~~j N~e :Ifurtgaxec Jterei??, hrconre innn~~~lia~c/v Jire ma! ~~~•uble j~~r 1l~e jid! srurr ~~j'Nre
pmicipal fxrlu~~re mrd rnterrst tfren due ~
8. The terms "hlortgagor" and "!?1oNgagee" whenever used in this instrument shall include the heirs, personal repm-
sentatives, successors and a~igns of the respecti~•e parties hereto. Wherever used the si~~ular nwnber shaU include the plural
and the plura! the singular, and the use uf any gender shali include ali gcnden.
~
Sign , sealed d deli ed in t presence of: Sea1)
`
. (Seal~
P.r ~_CIQ, Q. ~~Q
STAT~ OF FLORIU~ I ~ , '
coUN7`~toFBX~KSt Lucie NORMAN JOSEPH BESSETTE JR. and
Before me perso~a~ly appeared • ~j$OLYN A, BESSEITE ~ h~s wife
to me well known and known to me to be the individuals described in and wfio executed the foregoing instrument, and
acknowledged before me that they executed the satne for the purp~ses therein expressed. WITNESS my hand and otficial seal
in the County and State last aforesaid this Sth day Of MSy ~ 1978.
- ~
, -
June 30 197~oEO ~ • _ Lar e
My Commission Expires: A f~~ Notary Public. 5t~te ~f g
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