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HomeMy WebLinkAbout0631 Our File 5-41~595-0 ~ Ihi~ nawl~a*r ur ulhcr l~amlrr ul IIUr tu Ii~c n~u~1~.~Kr.1 p~.~prrt> in r~1~uFU~~h~urut ul Il~r ~nJchlydurs~ x~urrJ hrnby, ~II rrKhl. Ulk JIIII IOlCfC31 uf Ih~ Mutl~:rpu( In a~Nl tu a1q ~nw~ancc ~x.iw~r~ ttrr+~ ere lurar ~hrl! 1~~ Ihr purcb.~~rr nr gtrnlrr. - . Ih1 fu ~xrfunn, rumpiy ~~ith anJ ~bKlr h~ caif~ .inJ a•~.r~ Ihr .~~pul.~u.~n., ~g~a•rn~cul~, ~un.1~tM~m ~~wl cu~ro~nts in v~d pt.~nu.w~r~• o.~tr and +n Ih~~ tirrJ ~rl furth ' t~i Ih~t d rn~ of ~1~d ~u~n~ ~~1 rn„or~ ler~rui irtrrrrJ u, be~ u.~1 ~n~impll> .inJ tuth j~:~~.1 ~~~ihw (d~rru Jr>. uru ~Itrr Ihr .amr ~a~ayalh hr:nmr~ Jur enJ p~fahlr, nr ~1 ra:h .~nJ r~rn ~hr ,tipnl~U~•m. .~~tirriu.nt.. r„n,htr~n..~ud r~.~r~4~n1. ~~f .~~J {+~~~nu.~ury n~~tr ~nd Ih~~ drrd. ~q aithct. ~rr ~H~t full> pavtr.~~iii•J. .RTtiplnJ ~vtl~ J11, .II~I~Ia'~I I~). ~ila• ~Jh~ ~Kg~a~~tr ~um mcntH.nrd m viJ pn~io~~~uYS rn~tr.ti~ll br :urne Jur enJ pa>rhlr lnrthauh ..t ~Irrrr.iltrr ~I~r ~q~U•n~ Ihr \I~n~r.~~;rr tulla :uu! a~mplalrly ~f tl~r wJ aKKrrK~~r .um ut viJ ~x~~mnwr> uula ~~a.~u~~uull> ~t~pulrtrd t~~ br p.~kl un.u.l~ .ii~. an) lh~nK m..u,l n.~nuw~~ 1 n~~lr ~n hr~rn~ Iu Ihr ~~~~ilr.~r\ ro~i ~~qlnl,~uJ~n~[. U) 'Ihat ia ~~rdrr lu Jl'fCICIdII' Ih~ ~u~lunh ut ~I~r ~uJr1~IrJu.•.. hrrrh~ .~YUrcJ, hraawr uf thr (adura the \turl~cJgu? 1.. (WV YU) IJ\. a~siw,~nrnl, IIdI11IlI)'. ~~I~IIj~']~N~II ur rniumhr:~ncr ujw~n ~~~.1 pny~r~h. h.r.u~ pr~~~ldcJ. ~1 ,ball nu~ hr nrar~vn nr ~ryuiu~r Ihal ~h~ m~~rlg~g.z ~hall (irsl {u> Ihr vmr 2 The Murtgagee may, :~t his optiun, :~nJ withuut ~aiving his rigl~l Io acrrlcrate the indebtcdnc» hercby ~ecured and to (orecluse the same, pay rithrr befom ur aftr~ drliyuenry any or ~ll uf those mNain obligatiunx reyuired by the terms ~ hercof to be paid by the Nurtgagor for the pn~lection of the murl~ge ~ecurity or fix the cultection of the indebtednet~ hereby secured. All sums co ad~ancrd or paid by the !1toNga,gee .h:~il be chargrJ intu the mcsrtgage ~ecuunt ~nd becume an - integral patt thereuf, subject in all respects to the tem~s, owiditn?ns, and curena~~ts of the aforesaid promi~~+ury note, and this murtpge, as fully ~and to the same extent as though a part of the uiiginsl indebtednes~ eridencecl by saiJ note and secured by this moitgage, excepting huwr~et, Ihat said xums shall be repaid Ihe ~lortgagee fuhhwith upon its demand a~d be in addition to the regular monthly installments pmvided by the mortgage note. , 3. That the abstract ur abslracts of title ci~vering the mortgaged prupecty ~hall at atl time., during tl~e GEe of Ihis - mortgage, remain in possessiun uf the Mortgagee and in e~ent of the forcclosure of this mortgage or nther transfer c~t title to the mortgaged prupeny in extinguishment ot the indebtedne~~ securecl hereby, atl rigf~f, title and inte~est ~f the Nortgagur it~ and to any such abstracl~ of titte shalt pass to the purctwser or grantee. 4. To the extent of tite indcbtedne~ o( the Norty~gor to the ~tortgagee described herein or secured hereby, the Mortgagee is hereby wbrogatcd to the lien orliens and to !he righ~s of thc uwners and holders thereof of each and every mortgage, lien or other incumbrance on the land described here~n which is paid and/or satufied. in vkfiule or in part, auE of ~ the proceeds ot the loan described herein or secured hereby, and the respective lien~ of said mo~tgages, liens or other incum- brances, shall be and the same and each of them hereby is preserved and shall pasa to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it w~oufd fia~~e been ~ p~rserved and would hpve been pas~ced to _and, been held by the Mortgagee had it been duly and regularty aitigned, trans- ferred, set o~rr, and delivered u~to the Mortgagee by separ.~te deed of at~ignment, notw~thstanding the fact that the same may be satisfied and cancelted of record, it being ihe intention of the parties hereto that the same ~il! be satisfied and can- celled of record by the holders thereot at or about the time ot the recording of this mortgage. S. !n the event ihe ow~nership of the mortgaged premises, or any part thereof, becomes ~^ested in a person other than the Mortgagor, the Mortgagee may, without notice to the Nortgagor, deal wilh such successor or succe~urs in interest w~th reference to this deed and the debt hereby yecured, in the same manner a. with the Mort~gor without in any way vitiating or . discharging the ~turtg~gor's liability hereunder or upon the drbt hereby securecl. No sale of the p~+emi~es hereby mortgaged and no torbeatance on the part of the ~lurtgagee, and no extea~ion ot tiie tin~e for the payment of the debt hereby secured giren by the Mortgagee shatl operate to retea~e, dicrliarge, modify, change or affect the origirtal liability of the Mwtgagur herein either in whole or in part. _ 6. - The lien of this deed secures and sh:Jl continue to secure payn~ent uf ~aid indebtednesc or indebtedness, however evidenoed, whether by said promissory note or any renev?al or e~temi~?n thereof or suMtitute therefor, or otherv?isc, until all such indebtedness shall ha~r been fully paid. ~ 7. hr tlee ere~N !he nrr,rtgegurs sr!!. c•urn•cti~ „r trunsjrr the~ ~~t~,r?errg~•il ~»c nuscs duriitR llu~ life ~~j tltFs nt<?r1,~uqe. N~e~r tlris nuartgaKe s!m!!. uI the uplKrn uj /lte i1,,rt,Ya,qe~~ herr•i?l. he<nnrc rntmc~/iule~/r ~6~e~ uik/ ~rvb/c fr?~ !he• Jrdf sum uf !!te prin~•ipal halu~~cc a~rJ iirterest lhcn due. ~ 8. The ternis "Nurtgagur" and "Mortg:tgee" whe~~e.rr u.ed in this instrument shalt inctude the heirs, peru~nal repre- sentatives, successors and as.signs of the respective parties hereto. K`here~•er u~ed the singular numt?er shall indude the plural and the plural the singutar, and the use of any gender chall include all gender.. - ~ S' ned, seale nd d ive in th presence of: ~ V ~~a~~ ( Sc311 S7'ATE OF FLORIDA I ~ ; COUNTY~F~ ~ , ~ t. uc e F ~ Be ore me~personally appeared THEIMA SAXTON, 8R unmarried WOmSR to me well known and known to me to Fre the individuals described in 3nd Who executed t6e foregoing instrument, and acknowledged before me that they executed the tiame fnr the purp~nes therein exprec.~ed. WITNESS my hand and offici~l seal in the County and State last sforesaid thn 14th d8y of June, 1978. ~ - ; , ~ ~ , fIlEO AND RECORpEU ~~;t.~ My Cummission Expires: JUile 30 ~ I979~ St lUC1E COUNTY~`~~.~, public, Spt~qa~l~ : ROCER PO~jq~ ~ _ , ; CIERK C~~GIltT COU j~T.~,(~ ~~i' Q.-J - - - - , - , r ~ F~\ : : F-- ~l ~ _ ;5~' i I' 'n.,. Ju~ t l 3~ 6 PN'1R y. Q~~~v , 64GJt~.C~ ~ 6~ ~~"'~~,,,,~st.~s,`,,°~~'; ` : t 4U'7636 } E ~.~'~+se~ _-1 . . . ~~'~'='v'^i~~ ~ ' ~ ~ . ~ ~~~b~~ ~~~Fe Y~y ~ ~l -~p~ . M `S v+n-y .Y ~ ''~~~~~~5~-~»r^~iJ'~ ~ ..L< ~ - _ ' y -~~..t ~j _ ~ _ , : ~ .