HomeMy WebLinkAbout0584 s-4i,29b-s
Ihi~ m~KlKagr ur uthr~ ~ramlr~ ~.i uU. u. Ihr m~a~~agr.l pn.pr~lf iu r~i~n~.u~~hmcnt ut Il~r ii~JrhtcJnr» ~~•cu~rd hurrby, aB r~hl. Ulk
ruJ intcr~N U~ IIIC ~~U~IK.i~'~H 111 :111, I11 'lll) io.uranir ~r~Ihl~~ (II~11 1/1 I~NI'C ~IIJII (~d~~ lu U~r put.h.,~rr ~~r gr~utcr.
(h)lu pr~fu~m. rumplY a~Ih .~nd :~hi.l~• h~ racl~ and .u~~,ia~M~~~,. ,,~r..~~~.•~~n, cui~JUM~n~ a~ti) cu~ro~nl~ ~n .aiJ ~r,~n~~cw~r}
~wtr and in lhis Jrrd art turth.
.(il fhai ~t any uf v~J wm~ ~4 m~~nry f~rr.•~n ~rf~•r~.~.l tn t.r ~N~~ pr.noptl~ .u~J C~dl~ {~r~J Luthie~ IeNrru J~y, nr~~ ~hrr ~t~r ,.unr ..~craU~
hti~a~tr~ dur :INIJ (~:/):/hIC. I~f ~f r~.h and r~r~> Ihr .I~pulaU„n~. .~~trrrmrnl.. a.mhtr~m .~nJ ~u~ri~.~al~ ut ..uJ {a~~nu....r> n~~lr aud th~~
Jeed. or rilhrr. ~re ~w~~ lull> p.YG~nnrJ. :~.inplhJ ~vth .~uJ ~h~.i.J I.y. U~. unt a~g~r~;:~lr wm u~ruU~~uaJ ~n vul pn:m:..nn nulr ~hall he
~~~mr Jur anJ p~>~hlr In~Ih~~~Ih nr Iha•~c~11~Y .u ~I~r ~~pt~~~n ~~f tha• tit~~rtg.~grr (~rlh .~nd rnm{,Irlrh a~ ~i U~r wJ eXXrr~~~r .uo~ ~~1 vid
prunu..v~~y.~H•lr ~.-r. nnKmrll> ~Upul.~tid h. h. p.~~.l ,ucl~ d~~. ~n~th~nK m.:ud ~n~~mnwn n~nr ~~r hrrc~n 1~~ thr .~~ntru) ~N~l~~~tli.t~ndn~F.
U? That in nrder tu :ICCCII'IdIC Il~r maluril> uf Ihe iuJch~cdn..~ I~c~rh~ ~CCU(tl~. ~~CIJY~I ~~f Ihe f~dutr uf tl~r Aturtgag~~r t~~ pa> auq t~a,
:?tSCt11I1C111. (IJF11I1/)'. UF~II~,`;1I1u0 ur rnrur~brar~cr u~w~n ~~eJ ~,r..~k•~~~~, a. h.~iriu pru~~drJ. ~I ~I~rll nut h. nrrr..ary ~~r rryui~itr Ih~t Ihr ' .
tnu~lg:ytr~ ~lull lint p~) lh. c~olr - .
2. The Murtgagee n~y, at his opti~~n, and withuul wai~ing his rigl~t tu accclerate the ii~Jebteclix~~. hereby ~ecurc~l
dnd to torecluse the s~ne, pay either before ur ~iter ckliyuenry ;~ny ~~r all uf thu~e certain ohli~tions required by ihe ternr '
hereof to be paid by the ;1lortgagur for. ti~e pmtectN~n of the murt~ge security or fnr the cullectiun of the inJebtedne~s
hereby secured. All sums so advanced or paW by Ihe Murtg,~gee shall be chat~ed into tl~e miir~~ge accuunt and become an
integral part the~+eof, subject in all rppects to the tern~s, n?uditiuns, and covenant~ of the akjmsaid pronii~.ury note, aitd this
mohgsge. as fully. and to the san?e extent as though a part ot the original indebtedne~.~c evidenced by said nute ~i~d secured by .
this mortgage, excepting huwerer, that ~id sums shal! be rrpaid the Mortgagee forthwith upun it~ demand and be in addition
to the regular monthly in.ua!lments provided by the mortgage note. _
3. That tfie abstract or abstracts of title covering the mortgaged propeny ~hall at all time,, during the life of this ~
murtgage. remain in posses~ion ot the MoNgagee and in event of the foreclusure uf Ihis murtgage or other transfer of title tu
the mongaged property in extinguishment ot the i~idebtedness yecured hereby, all right, title and interest of the Mortgagor in
and to any such abstracts of title shaU pass to the purchaser or grantee.
4. To the extent of the indebtedness oi the Nortgagor tu the ~tortgagee described herein or secured hereby, the
Mortg,agee is hereby wbrog,ated to the (ien o~ liens and to the rights of the ow~nen and holders thereof of each and every
mortgage, Gen or other incumbrance on the land described herein which is paid and/or satisfied, in w~hule or in paN, out uf
the proeeeds of the loan described herein or secured hemby, and the respective licn~ of said mongages, liens ur other incum- ~
brances, sha!! be and the same and each of them hereby is preserved and shall pass to and be held by the Mortg,~gee herein as
security-fbt the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it would have been ~
preserved and vrould have been passed tn and been. held by the Mortgagee had it been duly and regularly assig~d, trans-
ferred, set over, and delivered unto the Mortgagee by separate deed of assignment, notwithstanding the fact that the same
may be sati~fied and cancelled ot record, it being the intention of the parties hereto that the same will be satisfied and pn- ~
~
celled of record by the holders thereof at or about the time of the recording of this mortgage.
S. In the event the ownenhip of the riiortgaged premises, or any part themof, becomes vested in a person uther than
the Mortgagor, the Moitpgee may, wtithout noiice to the Mortgagor, deal ~ith such successor o~ successors in interest with
reference to this deed and the debt hereby secured, in the same manner as with the Mortgagor without in any v?ay ~itiating or
discharging the Mortg~gor's liability herrund"e? or upan fhe dcbl hereby secured. No sale_of the premises hereby mortgaged
and no forbearance on the part of the 111ortgagee, and no extensiun of the time for the payment uf the debt hereby secured ,
given by the Mort~agee shall operate to release, di~charge, mudify, change or affect the uriginai liability of the Nortgagor
.herein either in whole or in pan. ~
6. The lien of this deed secures and shalt continue to secure payment c~f said ~ndebtedness or indebtedness, however
evidenced, whether by said promissory~ note or any reneaal w extension thereoi or substitute therefor, or otherwi~e, unW a0
such indebtedness shaU ha~~e been fully_ paid.
7. br the ci~ent Jhe nrortgurtvrs scll. curn•cy ur trans)i~r lfte n~nrtgagcd prcmiscs durin~ !hc lijc~ t/ris ?nurtqaee. then
this morlgage sJrall. at Ilre opliu~t ~~j ttte Al~?rtqa,ece~ l~crei~i. hcc~~rrte inrntecliatelv ch~e miel ~~?•uhlc Jur ll~r Itdl sunr ~?jNre
pti~cipal holunre aiul irtterest lhcn ~lur.
8. The terms "Mortgagor" and "Mortgagee" whener~er used in this in~trument shall include the heirs, pe~?nal repre- .
sentatives, successors and a~igns of the respective parties hereta Where.~er used the singutar number shal! include the plural
and the plural the singular, and the use of any~ gender shall include all genders_ .
igned,seale 1' red the resenceof: Seal)
1 Sea(1
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STATE OF FLORIDA ~ ~ t
couwrir oF~L~cie ~
$efore me personally appeared Flr1M~ D. BRADLEY, an unmarried woman
to me vrell known and known to me to be the indi~idiwls described in and who executed the foregoing inctrument, and
acknowledged before me that they e~iecuted !he same ior the purposes therein expres,ced. WITNESS my hand and ofP~cial seal
in the County and State last aforesaid this 8th day O f M8y ~ 19 . "
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My Commission Ex ires: ' ~r
P C~1 ROED lYotary Public, State of ;~.Q',C @
S~. LNC~E ~OIEI~+~Y f lA• t
fIOCER PO~taAS _ ~ - ;t t.3 _
t~_fRK Ci~CUtS COU :i' ' ~ ~ ~
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80°~28? ~cc 5~ M 40392 ~~'~~~~~.;;;;;E~~;,;;, ~
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