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HomeMy WebLinkAbout0638 5-41,596-8 - Ihi~ m~ytgrKr u~ ~~il~rl Irrnalrt u( I~IIa lu Ihr ow~1~CeKrJ prup:~U ~n r~l~n~;a~~h~nrul u( Ihr inJrblrJn~•~~ +rcurrd I~crrh~, all 1~;h1. Illir rnJ inlrrr~l uf Il~a \I~ul~t~gw 111 JIMJ I~~ JU~ IOtiUfJll~l' ~x~la~r~ Ihnu ~n I.~~cr ~t~ali pa+~ tu Ihr purch~~rt ur granlrr. (h) 1~~ prrlu~m, complY N'~th ~n.l .~I.til. b~ r.~~l~ and cr.~> U~r ?II~~~II41N~11~. J~(IC~'lllCO~\~ .uoJilNUU :uxl iti~cruanh ~n ca~d pt~~mi+,..ty outr ~nJ in tlu~ Jrrd .rt (~~rtl~. ~ Ihat if auy o( v~J .um~ u( muncl h.Y.~n ~ctrrt:d lu he u.~l p~~~mptts .~a.l lull~ pud ~~uhm f~(~rru d~y~ nr~t eltrr thr ..uor ~r~rtall> I.rruntea due dfltJ ~~.1)J~~I~'. (~f if r~ih aud r~r~> 1hr .h~~ul.~l~~~~n. .~K~rc~nrnt;. .~.n,l~~M~n, .~aJ ~u~r~un~~ uf ~~J pr~~nu~~~r~ o~~la :~ud Ih~. JreJ. ~~t cqhrr, err n..l luli) paYl~.nnrd. .~~iuplia•~1 ~~Uh auJ ~h~J_~1 b~. Ihc w1d ~ff~.7;elr .unt me~qu~nrd u~ v~J pn~nu~W~n nulr ~hall bt iumr Jur ~nJ ~v>~I~Ir f~~rth~~nh u~ Ihrtr~(ICr ;~1 Ihr ~~pUuu ~.t Il~r \1~.r~~.iKcr e~ fuli> .iml ~umplrlrl~ e+~( U~a wd a~KttKr~r wm ~d.atJ pn~m~.wnnutr~~r~unKu~.JI)~Upu1.~IrJt~~hrp.ialun.u~l~.l~).~n>Ih~uy;m.n.l~wun~~+"~~cnulru~htrr~ul~~Ihri~.ul~~~y~r~t~~rth.Uu.lu~~[.. i ~ (1) lhat in urJr~ fu J~C~'Ia'~Jll' 14r ~nalurtl) ut Ib.• ~udchl.Jne.~ hrt.•hy ~~Y'llll'iJ. I1l'~:IUN' ~1( Illt (ailurr uf Ihc ~tu~~K~g~~? 1~. paq ~n) I~a, 4 a.~~~+mrn1, li~bilu>. ~~hGga~H~n ~.t rncumMrncr up..n v~al pn~{•r~~~, r. I~a~r~n p~~~~~dcJ. ~I .hall nul h~ nccr~wry ut tryui~i[r ih~t Urr i inurlgagrr .h~ll fu+t p:~y U~r vmr 3. The Mor~~gee nu~y. ~t his uption. auJ wilhout ~~~icing I~i~ right to ac~ylerale the i~idebteJne~~ hereby ~cured apd to fiirecluse the same, pay either befom or after ckliyuency any ur all uf thu.e cehain ubligations myuimd by the termc - s hetrof to be paid by the Mortgagor for Ihe protectN~n of Ihe mortb•rge xecurity or for the cotlection of the inJebted~ess ' hereby secured. All sums su advanced or paid by the MoN~;rgcr shal~ he cha~,ed into tlee mortgage ~ccount and becume an i integral p~n thereof, wbject in all ~espects ro the terms, a?nditions, and cc~~tit~~~tc uf the afure~id promiiwry note, and this ~ mong,age, as IuBy and to the same extent as though a pa~t of the original indrbtedness e~idenced by said note and secured by ~ this mortgage, excepting hov?^ever. that said sums +hall be repaid the Nurtgagce fuNhwith u~n its demand and be in addition ' to the regular monthfy installments.pruvided by the murt~ge note. ~ ; 3. That the abstract or abstrarts of title corering the m~~rtgaged propert~ shal) at all time+, during lhe Gfe of this t mortgage, remain in possessiun of the ~lortgagee and in event of thc foreclu~ure of this mo~tgage or other transfer uf title tu ~ the mortgaged property in extinguishment of the indeblydneac secured hereby, afl right, title and interest uf the Mortg,agur in ~ and to any such abstracts o[ litle shaU pacs to the purchascr nr grantce. . 4. To the extent of the indebtedness uf the Nurtgagor to ~he ~lortgagee described herein or secured hereby, the 1~Iortgagee is hereby siibrogated to the lieo o~ liens and to the rights uf ~the owners and holders thereof of each and every mortgage. lien or other incumbrance on the (and deccribed here6n which is paid and/or satisfied, in wfiok or in part. out c?f the proceeds of the loen described herein ~r secured hereby, and the respective lienc of said mo~tgages, liens ur other incum- brances, shall be and the. ~ame and each of them hereby is preserred and shall pass tu and be held by the Mortgpgee herein as ; security for the indebtedness to the Nortgagee herein described or hereby secured. to the same extent that it v?nuld have been ~ preserved and would have been pa~sed to and been held by the Mortgagee had it been duly and regularly assigned, trans- _ ferred, set over, and delivered unto the Mortgagee by ceparate ~ieed of assignment, notv?ithstanding the ~act that the same may be salisfied and cancelled of record, it being the ~ntention at the parties hereto that the same will be satisfied ~~id can- - celled of record by the holders thereof at or about ifie time uf the recording of this murtgage. , S. In the event the ov?~nenhip of the mortgaged premises, or any part ~thereof, becomes vested in a perwn other than } the No~gagor, the ~tortgagee may, v~ithout notice to the Murtgagor, deal with such successor or successors in interest with ~ reference to this deed and the. debt hereby secured, in the same manner as with the Mortgagor without in any way vitiating or ~ discharging the `fortgagor's liability hereunder or upon the debt hemby ucured. No sale of the premise~hereby mortgaged ~ and no forbearance on the part ui the Murtgagee. and ~u ezten~tiion of the time for ihe payment of the debt hereby secured ` gi~~en by the Mortgagee shall vperate to releace. dacharge, mudify, change or affect the original liability of the Nortgagur herein either in~wfiole or in part. - b. The lien of this deed secures and shall rnminoe to secure payment of said indebtedness or indebtednecc, however evidenced, whether by said promis~cory note or any renewal or extensiun thereof or subslitute therefor, or othenvise, unW all , such indebtedne~ shall have been fully paid. _ ~ ~ 7. /n the e~•ertl Ilte• mnrlr;vg~~rs s~//. c~~m•er ur transji~~ Nrc~ ntnr~ga,~rJ pren?eses ~ltrrinR Iltr lije njdiis mur~KuRe. Nten ! this mwtgvgc sha/l. at Ihe op~irii~ .?J-~lic ,U~,~~Ka~~•~~ lrcrein. hcc~mr~• fr~ur?e•~Iiu~el?• Jue arrd /w_ti•ahlc Jirr thr jid! s?u?t ujthe ~ pri?u•i~wl hvlu?rce mrJ i~rteicst Ihe~~ ~lu~~. S. The terms "Mortgagor" and "~tohgagee" v?hene~er u.ed in this in.trument shall include the hcin, perwnal repre- ~ sentatives, succe~sors and ascignti of the respective partie. hereto_ ~~'here~er used the singular number sha0 include the plural ~ and the plural the singular, and the use of any ge~xfer shall incluJe all genderc. ~ s Signed aled a live i the p nce of: _ ~a~~ ~ ~ ! Seal 1 i ~ ' 3 ~ } ~ STATE OF FLORIUA ~ ~ , ~ ~ COUNTY F KX~IK ` ~ - ~t. Luci~ ~ ry Be ore me person ly appeared CREOLA WHITE, 8II unmarried woman ~ ~ to me well known and known to me to be the individu~ls described in and w~ho executed the foregoing inurument, and ~ ~ acknowledged befure me that they executed the s3me for the purp~ therein expre~ed. WITNESS d and official ceal in the County and State last afumraid thi~ ].4ti1 a8y of Ju e~ 1978. ; ~ ~ _ , .i ,irr,;, ~ ~ ~ ~ ! ~ ~ : ~ _ ; •.r~. ~ ~ My Commission Expires: ~t~ne 3O,} 979 f LEO AMO REC R.OE =~~ary:~~~~r,~a~{ _ @ ~ ~ ~.urci~ cou~r f~~`' .,~3 - - ~ R~GER ~OI~RAS _ . ~ .t~ : r~ c~K. ~GUIT CO . 1 ? CU - , . , . t. ,r. - G3?, ~ : ~v - ~ _ . . O • : . i• - i ~ . - ~ ~ ST~,~~~,~~ ~ Juy 21 3 22 PN ~ ~ ~ . ` ~ ~ ~ 209 PAGE 635 - ~ ~ ~ 600K ' 40'763~3 ~ ~ „ _ ; - - - _ ~ ~i~.4:.:= k~~~ ~ ~ ~ ~ ~ ~ ; - `a~~ _ ~ a ~ ~ I : ~~,~.~~P -