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'~i+ That ~t any of said attm• of money herein refened•to be not promptly •ed fully paid within Ten ~10~ dsya next
att.? the sru~r sr~rrally brromrs due •nd payable, or i/ earh and eery the stipulations, agreements, tonditiona and rovrnsnt• of uid {
yr.~u~~•~nr~ sole snd thin Jeed, er either, •re eo1 fully performed complied with snd abided hy, or if payntrnta are allowed to beremo
drl~uqurnl upon any prior enruumbraeee altectin~ the property Kerrie ronee?nrd. the uid aggregate sum mentioned ie ssid premiuory ~
~,.Hr .Fall (Hnuu~r due and payable forthwith of therestter at the option et the ~lortgagrr as fully and eempletely ss i/ Ihr uid sggre-
~•t• .uu~ ,~t s~i.l t~rou~issory cote was originally stipulated to be paid on •urh day, an~lhing in sail prontiusry Dote or herein to the eoe• ~
trar~ nutwithsunding. ~
j 1 That in order to accelerate tM maturity of the iedebtedneu hereby secured. beuuae sd the tailuro sd tM fltortpaor to pay W~
ta>~ assessmeet, liability, ebliptiow or eaeumbraece upon said pwpcrty, u bcreie provided. it shall not bo neceaaary or reQuisits that
the mortgagee shall fist paj the ume. '
The llortgagea may, at his option, and without waiving his right to accelerate the indebtednew henby
secured and to foreclose the same. pay either before or after delinquency any or all of those certain obligations
required br the terms hereof to be paid by the Mortgagor for the protection of the ntbrtgage security or for the collect
tion of the indebtedness hereby secured. All sums so advanced or paid by the 11lortgagee shall be charged into the
mortgase account and become an integral part thereof, subject in all respects to the terms. conditions, and covenants
of the aforesaid promissory note, and this mortga6e, a, fully and to the same extent as though a pact of the original
indebtedness evidenced by said note and secured by this mortgage, excepting however, that said sums shall bt: repaid
the Mortgagee [orthwitlt upon ib demand and be in addition to the regular monthly itutalltnents provided by the
mortgage note. _
3. That the abstract or abstracts of title covering the mortgaged property -shall at all tunes, Boring the life of
thi• mortgage, remain in possession o[ the 1liortgagee and in event of the [onclosun of this mortgage or other transfer
of title to the mortgaged property in extinguishment of the indebtedness second hereby, all right, title and interest
of the Mortgagor in and to any such abstracts o[ the shall pass to the purchaser or grantee.
4. To the extent of the indebtedness o[ the Mortgagor to the Mortgagee described herein or secured hereb~r,
the Mortgagee is hereby subroaaced to the lien or liens and to the rights o[ the owners and holders thereof of each
and eery mortgage. lien or other incumbrance on the land described henin which is paid and/or satisfied, in whole
or in part. out of the proceeds o[ the loan described henin or secured henby, and the reipeetive liens of said mortr
gages, liens or other incumbrantxs, shall be and the same and each of them hereby is preserved and shall paw to and
be held by the Mortgagee herein u security for the indebtedness to the Mortgagee henin described or hereby kcured,
to the same extent that it would have been preserved and would have been passed to and been held by the 11lortg:gee
had it been duly and ngularl~• saigned, transferred, set over. and delivend unto the Mortgagee by separate deed o[
ae:ignment, notwithstanding the fact that the same may be satisfied and cancelled of record, it being the intention o[ the
parties hereto that the same will be satisfied and cancelled of ncord by the holden thereof at or about the time of
the recording of this mortgage.
S. In the event the ownership of the mortgaged premises. or any part theno[, becomes vested in a person other
than the Dortgagor; the MortgaKte may, without notice to the Mortgagor, deal with such successor or succxssors in
interest with reference to this deed and the debt henby secured, in the same manner as with the 1liortgagor without
in am way vitiating or discharging the iV1ort-gagor
s liability hereunder or upon the debt hereby secured. No sale of
the premises hereby mortggaged and no forbearance on the pert of the Mortgagee, and no extension of the time for the
payment of the debt henby second given by the Mortgagee shall operate to nleast:, discharge, modify, change or affect
the original liability of the :Mortgagor herein either in whole or in part.
6. The• lien of this decd secuud and shall continue to secure payment of said indebtedness or indebtedness,
however evidenced, whether by said promiswry note or arse renewal or extension thereof or substitute therefor, or
otherwise, until all such indebtedness shall have been fully paid.
In the event the property encumbered by this mortgage shall become involved in any condemnation pro•
ceetlittl;i, the holder of this mortgage shall. become entitled to defend any such action, and the title holder shall be
liable for all costs and attorney fees incurred in connection with such defense, the acme to be fixed and set by the
condemnation jttr~-, and the holder of this mortgage shall be entitled to receive any award made in•such condemnation
pruceedinKs for the property taken, such sum when paid to be applied to a reduction of the mortgage indebtedness.
8. The holder of this mortgage agrees to promptly .furnish upon the written request of the mortgagor, ltis heirs
or assigns, or attorney-, a statement in writing of the principal balance due upon this mortgage, as o[ any specified date.
i 9. The terms •'Jlortgagor" and "11lortgagee" whenever used in this instrument shall include the heirs, personal
representati.es, successors and assigns of the respective parties hereto. Wherever used.ihe singular number shall include
the plural and the plural the singular, and the use of an)- gender shall include all genders.
i
{ 10. This is a first mortgage upon the above described property. r
r
Iti WITNESS WHEREOF, the said Mortgagors hereunder sctx their handsand seal, at Miami,
Dade County, Florida, the day and year first aboye written.
~ ~ s
Signed, sealed and delivered
~ in the presence of: _ _ _ F.Y LO EIN STRUNK
1~AS R .
(S»?t.)
STATE OF FLORIDA
COU\TY OF $~~A ss
Before me personally appeared ICAT:`_"Yi? LOUISE EPSTEIN STF.UNK, joined by her
husband, THOMAS R. STRUNK, i
to me well known and known to me to be the individuals described in and who executed the foregoing instrument, and
a~kttowlrtlged before me that they executed the same (or the purposes therein expressed. s
Q'17'~ESS my hand and official seal in the County and State iast aforesaid this ~S<~i day of
-tip:
h~~,'~'~,~
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} : •ji~' ~~^gyg' } t~tl~H• Mfr COMMISS1t'~t ~~+Itfs Nav_ 2i 19aotary Public, State of Florida
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.s . - . ~ ~ P~~ 2819