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tit That i/ awr el said twtws d atewer hareiw relsrred to m wel prttwtptl~ ttwd tally paid .rithiw fi.~i~,7Cty (30) br west
aftrr tits Nms rsrerdlr besema dt.s swd pyabte. K it earn awd every the tNipYl•tl•w~ a~reew~ewq. rewditiswa sad ser+waau •f said
prunuwory nuts end this deed. er either. sn wel tally per/erwted. semplisd with .wd abided b~. •r if pr~nsntr ors dle.red to b's~w•
~klinyasnt open any prior swruambraw'e a/ediw~ the ppnnlx~l bereiw eewserwsd. tM wad afire~taa sutw w~sntiewsd iw wad prow~iwry
Hots .hall hssoms Jas and payable fettbrrilh K tlterea(tsr N Ih! opllow e1 llls wtO/IRptes N tally and sawpls/sly N It the Mld eRRn-
Rue .um of uid promiswrr note MN oriRiaatlr NipMlated to bt paid ew weh day. awfthiwR iw Nid prew~itrery were K Mrsiw t• the sow.
tram not.+ithuandin~.
lit Thu iw erdta is aesetersts tM wisptriq •f the IwdsMsitrs hsee?y seewrsd. ?eestrss of tM failure e1 the Yertppr t• pq ssq
ta.. aNNwweat. lis?iliq, •ilipuM K Mswlbr•w0• tepees add ~eeperq, y hNeiw pnvided. it ehsll wet M weeessery w rNYi•iu thn
the twertiata shall tint Ml' tb• Nwa.
Z. The Mortgagea~ may, at his option, and without waiv' his right to accelerate the indebtedness hereby
secured and to foreclose the same, pa either before or after delinquency an or all of those certain oblidatiorea
required by the ternu hereof to be pai~byy the Mortp~goorr for the protection a< t~ mortgage security or for the oollea
lion of the indebtedness hereby secured. All stoats so advaaoed or. paid by the Mortgagee shall be charged into the
mortgage account and become an iategnl part thereof, subject in all respects to the farms. conditions, and eotreaaats
of the aforesaid promissory note, and thin m a. [ully and to the same extent as-tbough a part of the original
indebtedness evidenced by said note and secured by this mortsa6e, exeeptin~ however, that said sums shall be repaid
the Mortgages forthwith upon its demand and be in addition to the regular monthly instaUmenta provided by the
mortgage note.
3. That the abstract or abstracts of title coveting the mortgaged property shall at all times, dur~~ the life d
this mortgase, remain in powasion of the Mortgagee and in event of the foreclowre oI this mort agar or other tnasfer
o[ title to the mortgaged property in extinguishment of the indebtedness secured hereby. all rig~t, title sad iatee+eit
of the Mortgagor in and to say such abstnca of title shall pass to the purchaser or grantees
4. To the relent of the indebtedneN of the Mortgagor to the Mortgagee described herein or secured 6era`y,
the Mortgagee is hereby subrogated to the lien or liras and to the rights of the owner sad Golden thereof of eacL
and every mortgage, lien or other incumbrantx oa the land described herein which is paid and/or satisfied, in wholes
or in art, out ai{ the proceeds of the loan described herein or secured hereby. and the respective liens of said ttaotrt.
gager, liens or other incumbrances, shall be and the testae and each o[ theta hereby is preserved and shall aN to and
be held by the Mortgagee herein w security [or the indebtedness to the Mortgagee herein described or secured,
to the same extent that it would haute been preserved and would have been passed to sad bees held by the ottgagee
had it been drily and n larly assigned, transferred, set orer, and delivered onto -the Mortgagee by separate deed of
assignment, notwithstanding the fact that the same may be wtisficd sad. caatxlkd of record, it being the }ntentit>,t aF the
parties hereto that the same will be satisfied sad cancelled of record by the holden thereof at or about the time et
the recording of this ao:tgage.
S. In the event the ownership of the mortgaged Premises, or any part thereof, becomes vested in a person otbetr
than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, deal with such atoeeNOr or sttcoeron is
interest with reference to this deed and the debt herby second, in the same manner u with the Mortgagor without
in any way vitiating e+t discharging the MotrtEagor'~ liability hereunder or upon the debt hereby second. No sale .of
the pntaises hereb mortgaged sad no Iorbearsnce on the part of the Mortgagee, and no a:teaaion of the time for the
payment of the t~t hereby secured given by the Mortgagee shall operate to release, discharge, modify, change or aReet
the original liability of the Mortgagor herein either in whole or in part.
6. The lies of this tired secures and shall twntinne to stx:ure paym~t of said indebtedness os indebtedness,
however evidenced, whether by said promissory note or a>sy renewal or extension thereof or substitute therefor, or
otherwise, until all such indebtedness shall have been fully paid.
7. In the event the property encumbered by this mortgage shall become involved in any condemnation pro-
ceedings. the holder of this mortgage shall become entitled to defend any such action. and the title holder shall be
II liable for all costs and attorney fees incurred in connection with such defense, ~~te
c11m1ttpptYjpppq~gr. and the holder of this mortgage shall be entitled to receive env award made in such condemnation
proceedinl[e for the property taken. such sum when paid to be applied to a reduction of the mortgage indebtedness.
li 8. The holder of this mortgage agrees to promptly furnish upon the written request of the mortgagor. his heirs
or assigns. or attorney. a statement in writing of the principal balance due upon this mortgage, as of any apeci6ed date.
9. Tate terms "1~ortgagor" and "Mortgagtx" whenever used in this itutrument shall include the heir. personal
~ representatives, successors and assigns of the respective parties hereto. Wherever used.ihe singular number shall include
the plural and the plural the sinptttlar. and the use o[ any Render shall include all genders.
I 10. This is a first purchase money mortgage upon the above described property.
~ IN WITNESS WHEREOF, the said Mortgagor here d and seal at Miami,
Dade County, Florida, the day and year firer above writt
Signed. sealed and delivered r'~~-~.-~- - - (SttaL)
r
~ in rho presence of: ESSEX
- - ~ s ( )
n
RIA ESSEX, wife,
. . `C~ . . - - - - cs~.)
5 - 1961.ltA. -8 IIM--i-i~ 3
~ STAT FLORIDA _
s COUNTY OF RADB ss ~ A
~ "t:.'' nonall a eared ~ `7~e~~`7 t
tt n ~ y pP LEON ESSEX an G ESSEX,»~ ,
,
K':~ii~~~if~#,.and known to me to be the individual described in and who eseeated the [ongoing instrnmeat, and
~t~tr me that they executed the same for the purposes theteia e:preNed.
` ~ '
~ ~ ')!'S h~sd `anij oFicial seal in the County and State last aftresaid this ~ day eE
o' `
-
M~• Urgit~ort' B~lttlstustt~ S'~1E of iii. Ai lddGf._.... Notary Public, State of Florida
A11r CO~MMISS1aN L7VIr': 1vlY 10 19•i
~ ~u1rtY 1r~1 yQppEp ittll! Gti'ER/1l 1:15. ; '!`-~V.RI tERS
600X~~ PdGE~~.e77