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In the event this mortgage is subordinate to any other lien of any kind, the Mortgagee, at its option, may, in case of default in the
performance of any covenant or agreement in the prior mortgage or in case of default in the payment of any indebtedness secured by any
other prior lion 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 part of the indebtedness
which is in default with resultant right of subrogation, and the Mortgagee shall have a lien for any sums so paid plus interest on said sums
~t the rate of 1096 per annum from the date expended until paid, and the Mortgagee shall have all the powers of acceleration of the entire
indebtedness, including the amount so advanced and sale of the mortgage property should Mortgagor fail to promptly repay any money
su advanced or expended by the Mortgagee.
This mortgage may be assigned 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 secured hereby.
This mortgage is in addition to any other lien or security 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 context so requires, the masculine gender includes the feminine and or neuter, and the singular
includes the plural. The term "Mortgagor" shall include the heirs,- devisees, legatees, successors, administrators and executors of all
41o~tgagors. -
Mortgagor agrees not to further encumber the mortgaged property without the p tr
or written consent of Mortgagee.
IN WITNESS WHEREOF, (we) hereunto set (our) (myl hands} and seal(s) the day and year first above written.
Signed, sealed and delivered in the presence
of
WITN SES:
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(Signature of Mortgagor) Richard P . FutCh
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(Signature of o-Mo agor) Betty Z . FUtCh
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,.~}t~t,(~Dregoin~tgtrument was acknowledged before me this day of ~~G~»tl'--~'~ 19~ ,
~si;•,S ~:~1J. 3 ~ P. FutCh and Betty Z . FutCh ,his wife.
4y.~oirimisswe,E xpires:
F' Notary Public
Notary Public. State of Florida at carpe
My Commissiplt Expires pQa,13, tg~ ASSIGNMENT OF MORTGAGE
For value received, ,does hereby sell, transfer,
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Set over and assign unto ,whose
address is ~ ~ ,State of ,County of ,all
( ~~t its right, title and interest in and to the aforegoing mortgage of real estate, together with the debt secured thereby and the promissory
i( n~~te therein described, and the land covered thereby.
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WITNESS my hand and seal this day of , 19
r1TTEST: 1990 JAN -8 AH ~ 38
By: 1tfC B ~ ~ ~
- ~ alEroc clltcurr~
STATE OF FLOKIDA ItECOIID VER!Ftf1~
COUNTY OF
The foregoing instrument was acknowledged before me this day of , l9
E>y , as (title} of
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a Florida corporation, on behalf of the corporation. i
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~1c Commission Expires: i
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Notary Pu is
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This instrument was prepared by:
8~3~'3 P~E~,94
L. Den~~f~,, 51468 Cypress St., Tampa, Florida 33607
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