HomeMy WebLinkAbout2801 15. This mortgage also secures any +?nd all renewals and extensions of the promissory note referred to herein rand
secured hereby, rand all installments thereof, rand also any other notes which h:?ve been or may 6e given to the Mort-
gugre by the Mortgagor, and any other indebtedness of the Alortgagor to the Mortgagee which, however, shut) not exceed
at any one time the aggregate unpaid principal sum of .
-----------N/A------------_-----------------------_---.---.--DOLLARS 1s.-•---.----------.).
it being the specific intention that further advances may be made by the 111or1g+?gee at its option to the Mortgagor, either
prior to or after the due dates of the above referred to promissory note hereby secured; +?nd this mortgage is given for
the specific purpose of securing any and all indebtednes4 by the Mortgagor to the Mortgagee in whatever manner the
same may be evidenced or represented, until this mortgage is satisfied of record; and all rnvenanta and agreements rnn-
trained in this mortgage shall be applicable to all turlher and future advances m+?de by the 111ortgugee to the Mortgagor
and all other indebtedness of Mortgagor to the Mortgagee, +?nd any scut all renewals or extensions thereof.
lti. If all or any tk~rt of the properly or :?n interest therein is sold or tr:?nsterred by Atortg:?gor, excluding la) the
creation of a lien or encumbr+?nce subordinate to this mortgage or Ih) the creation of u purchas~ money security inter-
est for household appliances, then, in that event, the then outstanding 1rincipal but+?nce of the note secured by this
mortgage, together with accrued interest, costa and future :?dvances, it any, shall immcvtintely be due and p:?yable. Any
such transfer or conveyance made without sntisfnction of this mortg:?ge sh:?II constitute n def:?ult under the note and
mortgage securing same.
17. I[ Mortgagee deems itself insecure, or ul?on the hapl?ening of any of the t+?Ilowing events, each of which shall
constitute a default hereunder, all liabilities of each Mortgagor to Mortgagee shall thereut?on or thereafter, rat the option
of Mortgagee, without notice or demand, become due and payable: In1 the death of any~'Mortgagor Iwhich term shall
mean and include each Mortgagor, rn-maker, endorser, surety and guarmtor of this mortgagel; Ib) the filing of any
petition under the Brankruptcy Act, or any similar teYlen?1 or state st:?tute, by or against any I1lortgagor: lc? an appli-
cation for the appointment of a receiver tor, the making of a general a_gsiRnment [or the benefit o[ creditors by, or the
insolvency o[ any Mortgagor; Id) the entry of a judgment against any Mortgagor, le) the issuing of any attachment or
garnishment against any property of any Mortgagor; I[) the taking of possession of any substantial part of the property
of any Mortgagor at the instance of any governmental authority; Igl the dissolution, incompetency, merger, rnnsolida-
tion, or reorganization of any Mortgagor.
18. This Mortgage Deed and the note it secures shall be construeKl only under the laws of the State of Florida.
PROVIDED ALWAYS, and this mortgage is on the extness condition, that if the Mortgagor shall well and truly
pay unto the Mortgagee the said sum of money mentioned in said promissory note referred to herein and secured hereby
and any renewal§ or extensions thereof, any turlher advances and any other indebtedness referred to herein, in what-
ever [orm, and the interest thereon as it shall become due, according to the true intent and meaning thereof, together
with all casts, charges and expenses, including a reasonable attorney's tee, which the Mortgagee may insur or be put to
in collecting the same by foreclosure or otherwise, or in protecting the security of the Mortgagee, whether by suit or
otherwise and shall well and truly keep, observe, perform, comply with and abide by each and every the stipulations,
agreements, rnnditions and covenants of said promissory note and this mortgage :erg and-when required thereby then this
mortgage and the estate hereby created shall cease and be null and void, otherwise the same shall remain of binding
force and effect.
I 'ITNESS WHEREOF the said 141ortgagor has made, executed, sealed and delivered this mortgage on the day
a ye t above written.
igrted, sled and delive
n the esence of-
. ~ (SEAL)
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(SEAL)
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STATE OF SL9I{KA~A?I GEORGIA
ss
~ COUNTY OF
3
~ Before me personally appeared CAROLYN R. DUKE
to me well known and known to me to be the individual or individuals described in :?nd w•ho executed the foregoing hlort-
& gage, who acknowledged before me the execution of the sarr?~ freely and voluntarily for the purposes therein expressed.
7/fv St-
) WITNESS my hand and official seal this ~.1...... day of Md CGh A:D=;,t9:'~~U...
Nola +c Np~ARt t!u~C AAi~ Oi ROt10J1
My Commission Expires: M~ t50t>NAtl~t~ 11, 1lIiJ
STATE OF FLORIDA ~ t~-_ t~ u.'~~
~ COUNTY OF
I. a Notary Public. hereby certify that - - - .
and personally appeared before me, and
s
being duly sworn according to law, acknowledge that they are .
Y'
and . - rest?ectively, of the Mortgagor herein named, that they are
~ duly authorized to execute, acknowledge and deliver the said mortgage for the purposes therein expressed.
~ Ii` WITNESS WHEREOF. I have hereunto set my hand and affixed my notarial seal this . .
day of .'A.D., 19......
Notary Public .
~ 111y Commission Expires:
~L~K327 ~M~E279g
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