HomeMy WebLinkAbout0975 Thn d~n~ w~d wrw~ d~w~~ ben~• nfent~ a be .a ~r.malf a~d (ollr Mi~ witl~i• f if teen (15) d~f~ ~
aflrr ih~ »n~. K~~r~lly br~omh due and p~~able. at if earh •nd everr ~Ae ~tipuluiena, ¦~nementw esnditiom ~nd ~ovenN+b d wiJ
pr..~~u.so~~ md. •nd ~hu Jr~d. er ~~tArr. •re eot fullf pe?fonned, ~omplied ~i~h ~nd .b~J.d by, or if paym~M• ue ~Uo~red te bee~
n~i~~.1~.1111K~n~. JuP ~nd ~neuumbr~nte ~Ae«in~ t6e ~erPattikh op~ion ot the No R~ea iul~~ ~ndm me (rtel! u~~f~the ~aid ~~?e~
psy~sle (onh~ritk e~ tAe~e~ P r
R~~r .u~~~ ..f .~id prum~ao?> no~e o•iRin•Ilr aipulned ~o be p.id on •ueh d.y. a~y~hin~ io a.id promi..orr eo~~ o~ F~erein lo ~hr ~os.
t~u) wutwN~Nt~na?n~. ~
1 j 1 TFW in ~rder t~ aeedetate tbe matority ~e iadeblsdnas bctebr ~ecwcd. beuwe et tbe (~iluro d Ib~ lio~tppt te p~y ~q
u:. aa~~meol. Ii~bililr. ~blip~io+~ K cneumbtance upoa uid propenr. u 6enin p~ovided. it ~h+ll oot b~ ntceaary ~r rtqui~it~ tL~t
the mort~a~ee ~lull 6rq p~7 ~ Kme.
2. The tifortgagce m~y, at his optioa. md without waivina hi~ righi io accelerate the indebtednea~ hereby
~eculred and to foreclo~e the ume. pay either belore or alter deliaquency an or all of tho~e cett~in obli6ation~
required by the ternu hereot to be paid by the Mortga gor for tht protectioa of ~e mbrtgage ~ecurity or for the oollea
tioa oi the indebtedne~ t~ereby ~eeund. All eu~s so sdvsQCed or ~SSid by ~~t~raia~ ~h~ll ba ~taar6ed iato ilne
mort~agc account and become aa integral part thereof. ~ubject in sll respecta to tlte term~. coaditions. and coveaant~
of the a[onsaid promissory aote~ aad thi~ mortga6e, as fully and to the wme extent a~ thaugh a patt o[ the ori6inal
indebtedne~s evidenced by said note and secured by thie mortgage. exceptin6 bowever, that ~aid sww shall be repaid
the Mortgagee forthwith upon its demand and be in addition to the regular monthly instoll~nents provided by the
mortgage nota
3. That the abetract or abstracb of tide coverina th~e mortgaged property ~hall at all tiwne~. durin the life of
this mortgage, remain in pw~ion o[ the Mortg~gee and in event of the foreclosun of t6i~ mortg~ae or o~er trand'er
oi title to the mortgaged property in exting~whment of the indebtednus secured hereby, all right, title and intereat
o[ the Mortgagor in and to any such abatracb of title shaU pass to the purcha~er or 6r~ntee.
4. To the eactent ot the indebtedncss of the Mortga~or to the Mortgagee dacribed herein or secured Lerebi,
the Mortgagee ii hereby subrogated to the lien or licw and to the righu o[ the ownen and holden thereof of each
and every mortgage. lien or other incumbrance oa t}ie Iand deecribed hereia which i~ paid andjor satisSed. in whole
or in part, out of the proceeds of the loan deecribed herein or secured hereby, and t6e raptctive liens of ~aid mott.
gage4 liens or other incumbranoa, shall be and the same sad e~ch of them henby i~ pte~erved and shall pus to a~nd
be held by the Mortaagee herein u security for the indebtedneae to the Mort~agee herein dwccibed or hereby seoured,
to the same exteat that it would have been pre~erved and would have been paesed to and bten heid by the ~Iorigsaee
had it bcen duly and regularl~ assigned, tranaferred, eet over. and deiivered unto the Mortgagee by ~eparate deed of
aesignment, notwithstanding the iact that the eame may be satie6ed and cancelled of record, ii being the intention of the
partiee hereto th~t the ume wil) be utiefied and cancelled of record by the holden theteo[ at or abnut the time oE
the reconlin6 of thii mortgage.
5. Ia the event tbe ownership o( the mortga6ed premieee. or any part thenof, becomea veated in a person other
than the MortgA6or. the Mortga~re may, without notiee to the Mortgagor. deal with Nch succc~eor or eucceasots in
interest with reference to thia deed and the debt hereby aecured, in the same manner as with the Mortgagor without
in any way vitiating or dischar~in~r the Mortgagor's liability hereunder or upon the debt hereby eecured. No wle of
thc premisee hereby mortgaged and no forbearance on the part of the Mortg~6ee, and no extension of the time for the
payr?[ent of thc debt hereb~ Eecured given by the Mortgagee ~hall operate to release, discharge, modify. change or alfed
the origin~l liability of the~'_Vlort~tagor henin either in wh~le or in p~tt. ~
6. The lien oE this deed ~ecures and shall continue to sccure p~yment of ~sid indebtednese or ittdebtednds,
however evidenced. whether bv aai~ nmtni~!nrv nnt~ n. g~~ w.~~;y;: v: GwLa.aiiauu u?eceu~ tf! fllDElliUiE lhttClOr~ O!
otherwiee, until all ~uch indebtedneas ehall have been fully paid.
i. In tl~e event the property encumbered by thie mortgage ehall become invoived in any condemnation pro-
cee~lin~e, the holder of this mortRage shall become entitled to defend any euch sction, and the title holder ahall be
~ {iable for all coste and attornev feee incurred in connection with euch defende. the same to be 6xed and eet by the
condem~ation jur~, and the holder of thie mortRa~e shall be entitled to receive anv award made in•euch condemnation
procee~linKs for the property taken, euch eum when paid to be apFlied to a reduction of the mor~gage indebtednees.
8. T{ie liolder of thie mortga~Le agreee to promptl~ furnish upon the written requeet of the mortgagor, hie hein
i or ac~si~cnR, or attorne~•, a etatement in writing of the principal balance due upon thie mortgage, se of an} apeei6ed date.
i 9. The terme "~iortgagor" and "Mortga~ee" whene~er ueed in thie inettument ehall include the heirs, pereon~l
representati~~es, succeeeore and aeeigne of the reepective partiee hereto. Q'herever ueeddhe dingular number ehall include
the piural and the plural the ein~ular, and the uee of an~~ Render Bhal) include all gendere.
10. Thie ie a p~gCHASE MONEY FIRST mortgage upon the above deacribed property.
IN WIT~iESS WAEREOF~ the ~aia Mortgagor S~ hereunder eeu their hand and seal at
County, Florida, the day aad ye~r fint abu~e written.
.
Signed, sealed and delivered . - - ~S~)
in the prcaence of: F Z K. MUELLER ,
.
.~~..LGC~~~t --~----(S~)
URSULA MliELLER, his wife
: . . _ ~~,1~~1~1711iL.~
- - - • (Ss~.)
' . . . ~ (Sa~?t.)
~ . . ~3-~£~-.~.5----~}~..~g._.2.~...------...------
f~. f C~ I~C I' ~ i: i.
STATE OF FLORIDA ' ' ~~~613
SS ~E~:~F f,f "V' • . r e
COUNTY OF ~A~ r~c'~; rr . vo
r
CLE F'n CI^~.:!!t i f 1:
Before me personall~ appeared FRITZ K. MUELLER and URSLIT~ ~I~AtF,~.LER, his wife
to me wrll known and known to ~ne to be the individuals deacribed in and who ezecuted the foregoing inatrument, and
acknowledged before me that th~y. ~xecuted the same for the purposee therein ezpreeeed.
~VIT;~ESS~q bon ~nd ~oH'icial,seal in the County and State last aforesaid thi~ ~.X~J~ da~ ot
3;,.~.~7.~
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. A: D. 1983
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11~ I:nmmi~u`~i`' t~r~ jr tiotary Public. Siate of Florida
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