HomeMy WebLinkAbout0883 secured he all irutalbanenb thereof, and also any other notes which have been or may be given to .the Mort-
gagee by the Mo any other indebtedness of the Mortgagor to the Mortgagee which, however, shall not exceed
at any one time the ate unpaid p ' -sum of .FORTY.-SIX . THOUSAND,..TNREE .HUNDRED. TWENTY.......
AND N~/1~0----------- ,
. DOLLARS li. !lf), 32O-.OO• . )
it being the specific intention that further advances may be made ortgagee at its option to the Mortgagor, either
prior to or ai~er the due dates of the above referred to promissory note here ~rcd; and this mortgage is given for
the specific purpose of securing any and all indebtedness by the Mortgagor to the o in whatever manner the
same may be evidenced or represented. until this mortgage is satisfied of record: and all covenan regiments con-
tained in this mortgage shall be applicable to all further and future advances made by the Mortgagee tot a or
16. It all or any part of the property or an interest therein is sold or transferred by Mortgagor, excluding ta)• the
creation of a lien or encumbrance subordinate to this mortgage or Ib) the creation of n purchase money security inter-
est for household appliances, then. in that event, the then outstanding principal balance of the note secured by this
mortgage, together with accrued interest, coats and future advances, if any, shall immediately be due and payable. Any
such tranater or conveyance made without satisfaction of this mortgage shall constitute a default under the note and
mortgage securing same.
17. If Mortgagee deems itself insecure, or upon the happening of any of the following events, each of which shall
constitute a default hereunder, all liabilities of each Mortgagor to Mortgagee shall thereupon or thereafter, at the option
of Mortgagee, without notice or demand, become due and payable: la) the death o[ any Mortgagor (which term shall
mean and include each Mortgagor, co-maker, endorser, surety and guarantor of this mortgage): (b) the filing of any
petition under the. Brankruptcy Act, or any similar federal or state statute, by or against any Mortgagor; (c) an appli-
cation for the appointment of a receiver tor, the making of a general assignment for the benefit o[ creditors by. or the
insolvency of any Mortgagor; (d) the entry of a judgment against any Mortgagor; le) the issuing of any attachment or
garnishment against any property of any Mortgagor; If) the taking of possession of any substantial part of the property
of any Mortgagor at the instance of any governmental authority; 16) the dissolution, incompetency, merger, consolida-
tion, or reorganization of any Mortgagor.
18, This Mortgage Deed and the note it secures shall be construed only under the laws of the State of Florida.
PROVIDED ALWAYS, and this mortgage is on• the express 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 renewals or extensions thereof, any further advances and any other indebtedness referred to herein, in what-
ever form, and the interest thereon as it shall become due, according -to the true intent and meaning thereof, together
with all costs, charges and expenses, including a reasonable attorney's fee, which the Mortgagee may insur or be put to
in rnllecting 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, rnnditiona and covenants of said promissory note and this mortgage as 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. -
IN WITNESS WHEREOF the said Mortgagor has made, executed, sealed and delivered this mortgage on the day
and year Scat above written. ~
Sign ,sealed and delivered
in presence of: - ~
~s~>oGLsrY .
~OHN~ K. ~ INS (SEAL)
. - - - - - (SEAL)
- - 0 NE C. DEAKI S
(SEAL)
i (SEAL)
STATE OF FLORIDA
COUNTY ~QF°` dPtlirF Yl~~rj<<~ • ~ . ~
13ef~drso'yfa~ly.,ts{d~r,•
,'~~'~-/JOHN B. DEAKINS and JOANNE C. DEAKINS
, -
to me ~pt~tanij•Icriowq~ .r~'Eo be the individual or individuals described in and who executed the foregoing Mort-
gage, ~lio'.~~it5wledged the execution of thG~~ freely and voluntarily for the purposes therein expressed.
r qfw~ _ ~ Tom)
y .cial seal this of 1 , A.D.. 1980.
!yr,. , , •
,,F~". - otary tic pp~ ~ rah 0~ florids at
My Commission Expires: ~ Ewa ~
STATE OF FLORIDA tas+M y e~..,b. ?.s to t'+w•inr a.r.s
COUNTY OF
I. a Notary Public, hereby certify that ~
and personally appeared before me, and
t
being duly sworn according to law, acknowledge that they are .
and respectively, of the Mortgagor herein named, that they are
duly authorized to execute. acknowledge and deliver the said mortgage for the purposes therein expressed. ,
IN WITNESS WHEREOF, I have hereunto set my hand and afti:ed my notarial seal this
day of A.D.. 19......
Notary Public
My ~`ommisaion Expires:
an~K JJ5 PGGE v0~ ~
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