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HomeMy WebLinkAbout2350 .~i ~ _.w? In the event this mortgage is subordinate to any other lien of any kind, the Mortgagee, at its option, map, in case of default in the performance of any covenant or agreement in the pprior mortgage or in case of default in the payment of any indebtedness ucured by any ocher prior lien- when due, declare the entire indebtedness secured by this mortgage immediately due and payable or the Mortgagee may perform any such defaulted covenant or agreement to such extent as the Mortgagee may determine or pay any put of the in ebtedneu which is in default with resultant right of subrogation. and the Mortgagee shall have a lien for any sums:o paid plus interest on:aid sums ac the rate of t0~i per annum from the date expended until paid, and the Mortgagee shall have all the powers of acceleration of the entire indebtedneu, including the amount so advanced and sale of the mortgage property should Mortgagor fail to promptly repay any money so advanced or expended by the Mortgagee. This mortgage may be ed by the Mortgagee without the consent or notice to the Mortgagor and when so assigned, the assignee shall have all the rights and privileges given to the Mortgagee by the provisions of this mortgage and the note ucured hereby. This mortgage is in addition to any other lien or ucurity heretofore or hereafter given or obtained by the Mortgagee and is not in satisfaction or in lieu of any other lien or security. In this mortgage, whenever the contest so requires, the masculine gender includes the feminine and or neuter, and the singulu includes the plural. The term "Mortgagor" shall include the heirs, devisees, legatees, successors, administrators and executors of all Mortgagors. j Mortgagor agrees not to further encumber the mortgaged property without the prior written consent of Mortgagee. IN WITNESS WHEREOF, (we) (1) hereunto set (our) (my) hand(s) and seal(s) the day and yew first above written. Signed, waled and delivered in the presence _ of WITNESSES: ignaturc of Mortgagor) Cornelius A ~l9 SEP "5 ~ i~ 28 (Signature o-M gor) J. Albt3ry STATE OF FLORIDA ~CI>f1011fRIF1E0_.~?~ • :~~w~',~~4~ COUNTY OF = y J _ ` ,.aii~i`n~ - The foregoing instrument was acknowledged before me this 23rd day of Auqust + , be Cotiielitis Albtuy and .Erma J. Albury - ` : f ~ A ..t,. My commission Expires: ~ ;T P. i:...~ P_F,:er Clam !:1 ~:_r:_+? n~ _a~:,~. Notary. Pu~~ ~ ~ ` ~ ~ 4T _ G~m asign Expires Fab- 13. 183 a_~s,Ucd Fy ReSO:vt ~f:~,a~~z co. ASSIGNMENT OF MORTGAGE r.,. ~ .Y'{ For value received, ,_does:hertby`seU, transfer, F f set over and assign unto ,whose ~ address is ,State of ,County of ,all of its right, title and interest in and to the aforegoing mortgage of real estate, together with the debt ucured thereby and the promissory note therein described, and the land covered thereby. WITIVE-t-s my hand and ua) this day ~f _ 19 i F ATTEST: 4 B y: STATE OF FLORIDA (:OLINTY OF The foregoing instrument was acknowledged before me this day of , 19 by , as (title) of ~ , a Florida corporation, on behalf of the corporation. ~ ~ My Commission Expires: Notary Pu is I i This instrument was prepued by: L { 1 Prepared by LINDA WAGNER ~ tatrlPe, Fug. X0'9 .„~,.~..M.,.,..K.a,.._,.....~.. ~