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HomeMy WebLinkAbout1582 t• • lb. Thin mortgage also secures any and all renewals and extensions of the promissory note referred !o herein and secured hereby. and all installments thereof, and also any other notes which have been or may be given to tho Mort• gages by the Mortgagor. and any other indebtedness of the Mortgagor to the Mortgagee which. however. shall not exceed at any one time the aggregate unpaid principal sum of .THIRTY - TWQ, THaj$~T'~Q, Alp ,~10/COQ----,--. , , , , ...0.00....... DOLLARS 1i. 32,00 . it being the specific intention that [urtber advances may be made by the Mortgagee at its option to the Mortgagor, either prior to or attar the due dates of the above referred to promissory note hereby secured; and this mortgage is given for the. specific purpose of securing any and all indebtedness 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 covenants and agreements con• tained in this mortgage shall be applicable tQ all further and [uture advances made by the Mortgagee to the Mortgagor and all other indebtedness o[ Mortgagor to the Mortgagee, and any and all renewuls or extensions therc~f. _ 16. If 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 (b) the creation of a 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, costa and future advances, it any, shall immediately be due and payable. Any such transfer or conveyance made without aatiataction of this mortgage shall constitute n default under the note and mortgage securing same. 17. It 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 q~ of Mortgagee. without notice or demand, become due and payable: la) the death of any Mortgagor (which term shall ' mean and include each Mortgagor. co-maker, endorser, surety and guarantor of this mortgage): Ib) the filing of any I petition under the Brankruptcy Act, or any similar [ederal or state statute. by or against any Mortgagor; (c) an appli- cation for the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the ~ insolvency of any Mortgagor: Id) the entry of a judgment against any Mortgagor; le) the issuing of any attachment or l garnishment against any property of any Mortgagor; If) the taking of possession of any substantial part of the property i of any Mortgagor at the instance of any governmental authority; (g) the dissolution, incompetency, merger, consolida- ~ lion. or reorganization of any Mortgagor. - i 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 casts, charges and expenses, including a reasonable attomey'a tee, which the Mortgagee may insur or be put to - t in collecting the name 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 atipulationa, ~ agreements, conditions and covenants o[ said promissory note and thin mortgage as and when required thereby then thin t mortgage and the estate hereby created ahalf cease and be null and void, otherwise the same shall remain of binding ; force and effect. ~ 3 g c IN WITNESS WHEREOF THIS 1 IS A ~aAoLI. ON MORTGAGE ANDa FINAL PAvYI~NT ~OR~TI~?gB oALANC~I~UE and year first above written. Signed, sealed and delivered UPON MATURITY IS $ 31, 266.68 , TOGBTHER WITH ACCRUED INTEREST, ' in the ace f• ANY, AND ALL ADVAN E BY MORTGAGEE jTNDER THE TERMS OF ORTG'AGE. ~ ~ s T SEAL ....~-,1C~:..V.:~'.t!L"` (SEAL) (SEAL). i I (SEAL) STATE OF ~OIEI~i9C NEW JERSEY COUNTY OF /jI0 / r / -S ~ • ~ Before me personally appeared FIDRENCE V. SINE, a single adult j U I1t11p1~i~~^ : _ to me well known and known to me to be the individual or individuals described in and who executed the to~I~~t . gage. who acknowledged before me the execution of.{th/e same freely and voluntarily for the purposes th~itr~ ~ _ ~ - is WITNESS my hand and official sea) this cf 1. day of ~Ctobe = ~ s . otary Public " ' - ~ ~ - • My Commission -Expires: /Z/~/~ ~ h~~_~~^-Tpp~ ~.I ~ STATE OF FLORIDA ~ _ , • ~rsiri~i,.1y~~~;~;:.f COUNTY OF ga' a I.a Notary Public, hereby certify that E and penwnaliy appeared before me. and ' being duly sworn according to law. acknowledge that they are 1' - a and . respectively. of the Mortgagor herein named. that they are duly authorized to a:acute, acknowledge and deliver lhr said mortgage for the purposes therein expressed. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal this day of , A.D.. 19...... TNIS INSTRUMENT PREPARED BY Notary Public JUDITH B. ROWELL. ASST. V.P. jyly COmmisslOn Explrea: ('IIY.I,SSt:A 771'LB A (:1'AItA\Tl ('r P. O. BOl[ It'J t. STUART, it D~19• - I AS A NECESSARY INCIDENT TO THE _ FULFILLMENT OF CONDITIONS CON- aA(]p~~ `.,1T11 TAINED n~ A TRLE INSURANCE UIUI~~II1,?? `jrV[ .vM~iuE':i ~'.~ED BY IT. A = _ x ~ 'rf`