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HomeMy WebLinkAbout0161 5-42,485-3 Ilu? ntnrt~;.t~c ~+t ullla•f Ir.imla•7 ..1 !ellr 1~~ Ibr tu,.ii~.~pr~l ~~1~y~r11~ w:~IIU.U~.hlnrnl •~1 Ii~r Iu.lah!„luc., .r.u1r.1 I~:t.•1,~. .dl 1~~;1~1 irtlr ~nd iuirrr+l ul Ilir U~ul~:~~ur ui .u~~l 1~~ .~~e~ imw.~n.r ~r~l~.ir. th:n ~n I~~~.r ,h.dl p.~,~ o~ Ihr punh.~.rr ,~i r'rau~rr. In prrlntn~. ..~iqjih ~~Uh .~ud ,~h~dr h~ r.~.li euJ r~rn Ibr ,I~pul.iln~u., a.~rr~nrul.. .un~lu~~~u. :enJ c~.~ru.~nt, u~ .~.u.l pt.,nu..~.n nutr aud ~n It~i~ dcr.l .rl f~~tll~. • . UI Ihat d ~n) .~t v~~) .unn ~~t un~nr~ h.ic~u ~rl:~rr:l 1~~ I,r n~~~ p~~~mpll~ .~ud lull~ ~~~iJ t~Uli~u t~l~cru .L~~~ nc~~ .~ttor Ihr ..unr .r~ri.~~l~ hr.nmd~ Jur .w.) p.~~.~l.lr. ut J r.~.li .~nd r~rr) ~lir .t~pui.~l~~~ti.. .~F~rcn~:uh. .~~h~l~la~n..iu~l .~nrti~nt. r.l .~nl ~•~,~n~~.v~~~'n~~lr .na.l ~h~. Ji•rJ. ut c~Ihrr. .~rr n~~t lull~ j~.•rt.nuir:t. .~~niph:J a~th .~nJ ~Iv.l.'.1 1~~. ~lir ..u.l .~~~~r~ itr .~un u~cnin~i~rd ~n ~u,t ~~r,.in~,,;.n u~.Ir ,I~.~11 t~r ;~~inr Jur .iu.) ~~.n.~hla' I~.IIh~~~tl~ ..1 Ihrfa.Jlati .~I Iln• ~~E~I~•~u ~~1 Il~r \l~~~l~.i~rr i. lull) .ui.l .uui~~lclcl~ e~ J U~a w~l i:_~~C.~~r .uin ..u~1 ~~t~nn~.wi) nutr~~e~~~r~~m.ilh~.t~pul.~Irdl~~hrpuJuu.u.h.t.i~..~uttlnn.~n..u~1~y..nt~.v~~~ u~,tr.~~l~rrr~nt~~thr.un!~.~n m~1~~i1L.1.~~i,lui~ UI Ih.N in ~~rdr~ 1.~ aa:rlrr.itr llia• m.u~uh> .~1 Ilir iuJ.bl..lnr.~ hrr:l.~ .i•iutrJ. h~•..~i~.r Il~c t.uliur ~~t U~r \b~rl~•.~~~~r I.~ .in~ I.~~, e.~r„~n.w. Ic~hihl~, ul,li~.~tiuu ~~r rn.umhr:ui:r u~w.u ..~iJ p~~~~~.~~~. .n I~~~c~n I~u..nl.~l. il .6.J1 w4 n~~ ur~.,..~n ~.r rc.~u~,uc tlr~t ihc m~~rtE.r,_r.• .IcJI Unl pa> tlir c~mr 3. The ~lortgagee m~y, at his uption. JQIJ N7IIIUl11 KJIt'lllk IU~ riglu tu :~creler.~tr tl~r indeblydim., herrb~• ,rciu~J and to fi~nclo.e the .am~, par cithrr brfore or Jfter deliyeicncy any ur aU of Ihu~c rertain uhli~atioa. rcquind h~~ thc tcrm. hereuf to t~ paid by the 1lortgagor fur the pn~tectiun uf the mort~ge ~curily or for the cullec~iun of the indehteJnr.. .hemby secun~l. All sums ~o ad~anced or ~~;~iJ by the ~tortg,agc~ +hai~ he char~;rd into the mortgage accuunt and Ixrunu an integral part thereaf, subject in all respects tu the lenns, rondilions, anJ ro~rnant. of Ihe afunwid promi~.un note, aud thi. mortgage, ~.c fully and to the wme extent ac though a Wrt of the uriginal indebteJnet~ e~~idenred by .aid note and xcund b}~ this mortgage, excepting huwrver, that +aid sums shall be mpaid thc ~lurtga~e forth~~ith upon ih den~and and t?c in ~dditiun to the regular monthly installments pro~ided by the morl~ge note. 3. That the ab~tract or abst~acts r,f title co~•ering the nwrtgaged propert~~ .hal1 at all time.. during ~he-lite ut thi< mortgage, rem:+in in pocsewciwt of tf~e ~tortgagee and in e~•ent uf the forcclosure of tl?iti mortga~ ur othcr ~r.imfer uf title to the morlgaged property in extinguishment of thc indebtednc~s secured hereby, all right, title and intrnyt of Ihr ~lurtgagur in and to any such abstracts of title sl~all pa~ to the purchn.er or grantre. ~ 4. To the extent of the indebtedne~c of the ~lortgagor to the \tortga~~e described herrin ur .ccun~f herib~ _ thc ~tortgagee is hereby subrogated to the licn or lien+ and to the rightx of Ihe uwners and holdcn thcrcof of rach and r~~erv mortgage, lien or other incumbrance on the land dr~+cribed herein which i. paid and/or wtisfied, in Hh~~te or in part, nut uf the proceeds of the luan described herein or secured hereby, and the re~pecti~r liens of wid mortgages, lir~~s vr +?ther i~~cum- brances, shali be and the same and each of them hereby ic preserved and shal) pass to and be I~eld by the \fortg•rgee herein ac securiry for the indebtedness to~the Nortgagee herein described or hereby secured, to the same extent that it N~~uld ha~e heen preser~•ed and w•uuld have been passed to and becn held by the Norigagee had it been duly and regularl~~ a~~igncd, trans- ferred, set o~•er; and clelivered unto the ~lortgagee by se~rate deed of a~signntent, notwithstanding the fart Ihat thc .anx may be satnfied and uhncelled of record, ir being the intention of the parties hereto that the same will be >:wtisfied ;md c~n- celled of record by the holde~ thereof at or aM,ut the time of the recording of this mortgage. 5_ In the event ihe uw•nership of thc mortgagccl premises, or any part thereof, becumes ~ested in a perwn othcr than f the Mortgagor. the ~lottg~gee may, wilhout notice to the Nortgagor, deal v?ith such sucrosx?r or succeswn in inte~est w~ith reterence to this deed and the debt hereby~ secured, in the same maaner a~ w•ith the lforlg,~gor uith~~ut in any N'3Y vitiating or ~ discharging the ~fortgagur i liability hereunder ar upon thc debt herebv .ecured__ 11~o s;~le of the pmmises hercby mortg~ged I and no forbearance on the part of the ~tortoagee, and no e~tensi~?n of the timc for the payment of the debt hereby .ecur~~cl ~ given by the ~tortg~gee shaU uperate to relea~e, dixharge, mudif~•, rh~nge or affect the original liability~ of the 1lortgagor ~ herein either in H~hole or in part. ~ 6_ The lien of this deed secures and ~h:dl rontinue to ~ecure payment of aaid indebtednE~s or indebtedne~ti, hoHe~er ~ e~idenced, whether by said pmmictiory note or any rencHal or e~tension thereot or substitute thercfi?r, or otherwi.e, imti! ~11 ~ such indebtednen shall ha~~e been fuily paid. ~ 7. ht f/tc~ ci•c~itf Nle• ?~rr~rlKo.Yr~r~ c~'Il. c~~,rn~c~~• nr ?ru~r.c/crllr~~ ~u~,rlYqY<~~l /~rentr~e~~ ilttrt~l.Y !/1r /ilr ~~1 /Iti? nt~~rl:`c«~'. Nrr~~ tltis nu~rt.Kq~e slru!!. ul ~lre ~,plr~,~l 1br .II~~r~Ya,~~rr I~cr~~~n. l~rr~nu~~ irnmrJru~c•!r Jrrc~ u11c! ~~qi•uh(i~ ?~,r ~h~• ~rrN .ur» Nr~~ prinri~~ul hulunrc unc! i~itrres~ ihi~?t clur. ' E ' 8. The ternts "~fortgagor~ and "~lortgagee" whene~•er uxed in this instrument shall include the hcirs_ perW?nal repre- ~ ~ sentati~~es, succe~un and a~.~igns of the resperti~~e parties hereto. 1~`here~er uscd the.ingula~ nusnber ~hall include the plural and the plurai the singular, and t uf am~ Dender shall include all genden. ~ ~ _ f f ' S ned.seated e ere in resenceuf: t ` f / 1 Scal 1 i , ~ ,C~ "L ~ ',.~.~,~~G ~c C-~.-7~v1 (Seal) ; S7'ATE OF FLORIDA ~ ~ COUNTY OF ~IY~E_ ; WILLIE J. LEE and VERIE L. LEE, his wife, also PEARL t. Luci ; ~e~re me penuna~lp appeared WILLIAMS an unmarried woman as their interest may to me well kni~wn and known to me to be the 111tI1 7(IUJIS dc~cribed in and who e~ecuted the foregoing instrument. and appear. acknowiedged before me that they executed the same fc~r the purp~ne. therein expret.ed_ WITNESS m~• hand and uf(icial seal in the County and 5tate last afore~id this 2gth day of August, 197$. ~ Ny Commi~.siun E~pires: JUile 3O 1979 Not.iry Public. S~ate of F1 .'~~(~.•••-a.... FILE R RECORDEU ST WCIE COUNTY FLA _ - ~ . RJCFP PpIjRAS . , , ' r C! E°IC C,''.~UiT COU~? _ . - -1 ' . ,i _ - p _ _ ' . ' / . ` i SEP I I 3 Ze PM'18 Gw~9 ::,~x 4 ~acE Zsi ~ 416680 ~ _ _ ~ . E _ ' Y ~ l _ _ _ } `°y .5 - i G.'4: _ ~ 4 3' ~'A~~ ~~'a. ~xt~~'+ ~~ac"1d`"udK'~"'~~ ~ ~ {i _ . ~~~.G.st:. ...tYl'~-_,