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Ih~~ murt~,~~r ur utlnr I~a~aler uf lilir lu Ih~• murt~.~K.-J ptuprrl~ ~n .?lu~~tu~~hmrul ~hc ~i~:lrhtrdnr~~ sriurcil h.rahy, all nc~hl. I~IIr .
a~~d inlrrrsl uf Ihr \1urIKrK~~r h~ aud lu ~n) inwuarr p~hc~r~ Ibru u~ lurcr ~hall pe.. lu Ihr pur.l~rK•r ur Kranlrr. '
Ih) lu prrfu~m. complY w~th ~uJ ah~Jr n~ r~.h ~nJ rvr~y th~ .tipulelH.m. a~tt~rmrnt.. :unJ~tN~n~ ~~Mf iuvanaul. ~n ..~~d p~~~in~.w~r~
uulr ~nd in th~~ JrrJ ~rl (urlh.
Ihat any ~~f cud ~um~ ~.1 munr~ hr~ru~ rrtrnrJ tu I~r nnl ~H~~mptl~ .~n~i ltdh pr~J ~~qh~n h(~r.n da>~ nru aUrr Ihc ~JIIIC N\~7,III\
t+rrumr~ dur aud p.U.~bk. w d ra•h .~uJ r~rt> thc .UpuLU~~~m. .~p~rr~urnt~. o~u.l~lM~n, euJ :u~o~unt. ~~t ..u.l ~a~.roiw.r~ u~,tr .~nJ ~lu~
JCC~l, uf a'/ihl'f. Jfa' INN IU11) ~+.y~urmrd. .nmpin•:1 ~~Illt 4U~ .1i~l~lr~ i~). I~N' vl~~ .~KF~~'KJic +uiii iiiciiia.ih.~ ii: vi: j:i~•ii.i....i\ ..:.a!: ~C
i~.tnr Jua Jt1~I ~~J\J~tIC ~~Ifl~l\\IIII ~u.11~r~ral~a :~t thr ~y.tn~n ~~1 Ihr \t~~n~:~drr a, lull~ .~uJ .~~~npirl.l~ .~+A Ilir v~J.~~prFrir.um ut ~i~J
pn.m~.wry outr ~.a..~r~Km~Ih ~t~pul~trJ 1~. hr pakf ~~n .u:h ~Ll) . dll)IIIUy~ 111 V1J ~N~~llll~wf ) IN~t~ ui hr~r~n t~~ thr ~nnlcu~ n,~~ ~~nh.1:u~J~nR.
(1) Ihat in otder lu rcralrr.~lr Iltr u~~tut~l) .~f Il~r ~uJrblt.luc~~ hrrrh) ~ra4trJ, hr.~u~r ui thc (a~lu~a of Ih~ ~lurtgag~~t 1~. p.~> ~n) la~,
, ~~~~~o.nt. I~~hilil). ~~bGXa1M~n ~~r cnawnb~anrr u~w~n ~~iJ pru~~arl~. a. I~ctcm pw~~JcJ. N,hall inu br nrc~.+an or ~ryui.ilr Ilr.d thr
mort~r~~t ~h~ll l~nl p~~ Ihr vm~. . -
2. The Murtg;+gee may, at hix uption, and wilhuut v?~aiving his right tu ac~Ylerate Ihe indeblrJ~~rcc hereby .ecured
and to forecluse the same, pay either befure or afler deliyuency any or all of those certain obligatiunx requircd b~~ Ihr term~
hereof to be paid by the Murtgagur fur the pn?tection uf the morlgage security or for the c~~tlection uf the indehtedne~.
hereby secured. All sums so advanced ur paid by the Murtgagee shall be charged into ~he mortgage account aial become an
integral part thrreof, suhject in a0 respects to the ternu, cunditions, and co~rnant+ uf the aforesaid promi+.wry note, anJ thix
morigage, as fully and to the ~ame extent as though a part ot the original inckbtednes.-~ eviJenced by wid note and ~ecurect by
this mo~tgage, e?tcepting however, that saiil sums shall be, repaid the Mohgagee fu~thwilh upun its demand and be in adJition
to the regular monthly installments provided by the mortgage note.
3. .Tltat the abstract ot abstracts of titk cuveri~ig the mortg,aged pmperty xhall at all time., during /he life of this
mortgage, remain in posses~iun of the Mortgagee and in event of the fonclmure ot this murlgage or othcr transfer of title tu
the mortgaged .property in,extinguishment of the indebtedne~ secured hereby, all right, title anJ interc~+t of the M~~rt~gor in
and to any such abstracts of fitle shaU pass to the purchaser or grantee.
4. To the extent -of the indebtedness of the Nort~go~ tu the ~lortgagee dcycribed herein or .ecurrd hereby, the
Mortgagee is hereby subrogated tu the lien or liens and to the rights of the uw~ners and holders thereof of each and erery
mortgage, lien or other incumbrance on the land described herein which is paid and/ur satufied; in whule or in part, uut oi
the proceeds of the loan de9cribed herein or secured hereby, and the respectiMe liens of said mortgages, (iens or other incum- _
brances, xhall be and the same and each o[ them hereby is preserved and shall pass to and be held by the Nortgpgee herein as
security for the indebtedness to the Nortgagee herein described or hereby secured, to the same extent that it v?~ould have been
~ prieserved and v?ould havc been passed to and been held by the Mortgagee had it been duly and regularly a~tiigned, trans- .
ferred, set over, and delivered unto the Mortgagee by separate deed of a~signment, notwithstanding the fact that the same
may be satisfied and cancelled of record, it being the intention of the parties hereto that the same will be satisfied and ~~an-
celled of record by the holders thereot af or about the time of the recording of ihis mortgage.
~O -'.~tr ;e_rtt the ownenhip of~the mortgaged premise~. ~~r! thorw?f IwrnmPC ~rctwl ~n ~ i,n.cr?n nther than
the Mortgagor, the Mortgagee may, without notice to the Mortgagor, dea! with such successor or succeswrs in inierest w~ith
reference to this deed and the debt hereby secured, in the same manner ~ with the Mortgagor without in any way ~itiating or
discharging the Mortg~gor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged
and no forbearance on the part of the Mo~tgagee, and no extension oi the time for the payment ot the debt hereby secured
given by the Mortgagee shall operate to release, discharge, modify, change or affect the original liability of the Nortgagor
herein either in whole or in part. .
6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indehtedness, however
' evidenced, whether by said promissory note or any renewal or extension thereof or substitute therefor, or other.+~i.e, until aU
E such indebtedness shal! h~ve been fully paid.
[ 7. /n N~e c~•en~ ~he nu?i~ga,qnn se•1I. cum•er ~~r transJrr the nurr~¢aqeJ p~rntises eltr~rrR tlre IiJi•„f tlris rrruri,~u¢e. ~herr ~
i rhis nrurrgagc slurll, al t/~e c?ptiu?r uj d?e .NurlguKc•e hcr~•in, hec~,nie intntec/rute•h• due• m~d ~w?•ahlr j,r thr ju!! srrnr uj' ~/rc
princi~~al halurx•e a?x/ in?e~est t/te~n dia•. • ~
8. The terms "Mortgagor" and "~tortgagee" whene~rr used in this instrument shall include the heirs, per.onal repre-
sentatives, successors and assigns of the re~ecti~r parties hereto_ Wherever used the singutar number shail include the plurrl -
and the plural the singular, and the use of any geoder shall include all nders.
~ ' Uv
Sig , sealed eliv ' the nee of: a~ 1
~
- f all
ORIUA ~
STATE OF FL 1 ~
couN'rY ~€~C~K ~ DpNALD OLIVER WALKUP and BERTHA JEAN McCROAN
~ uc e
~ Betore me perwnally appeared WALKUP h~3 W~fe .
~ to me well known and known to me to be the ind~~~duals descrihed in and wfio executed the foreguing instrument, and ~
~ acknowledged before me that they executed the same for the purposes therein expre~ed. WITNESS my hand and official seal
in the County and State last aforesaid this 22nd day of May, 1978. ~
~
~ . ft.~l'r~ '
~ r t~tAr N~r gi° • ~
0~~~ ~ • : ~ 1•' •
M Cummiuiun Ex ~~:June 30 1979 R4~E pr4~S~AS ota Public, State ~D r
Y P~ C.CUtS CC~ ~ ry' .
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