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8. Acoeiera[ion; a~ Reas~dies. Time is of the c~sbesra ~e~u~ier if hbrt,~ur defaults in tt~e perfocmanc~e
or obsz=vance af any covenant or obl~ation I~en~uder oc fails to a?~lce any payu~[ due urdrr the rote or
c~bligation seanced t~enby icrluciin~ any exte~ion, ren.~l, aodific~tion or subdtitution tl~err~uf or in the ev~ent
a prooeeding in bankny~tcy is i~tituted by or a,6ain5t tlre ib ~*or or ~f [he ibrtga~or sl~ll make an i~~ment
ror the benefit of cre~ditors or i~ the property w~tuch is encud~ere+d [XCeucder is plac:s~d ucber the controlo
~ or in
the a~stody of any a~urt or if d~e lbrt,~~ ur Shall aba~dor? this pt~erty tttinu~pon tt~ o~~ce caf ~1 ooe or
m~re of the foreg
oi?~, the I~brt.~agee s~ ha~ne the right, at its option, aM without affectiqg any ri~its of the
Mortga~ee hereu~der to dec.lare wi[hout mtioe, all suns secured hereby, i~tarply ~~~y~1e whether or not
such default is subsequc~itly x~emedi.ed by ttr Abttga~or. The Abrt~r~ shall have the right to apply any amouius
teld~ered by the I~f~rtg,agor tarard any ind~ebtedness of the IrbrCgagor to ttrz M~rt~
ee a~ the t~brt~ ee may, at its
optian, also proceed w immdiately foreclose this a~ e ani pursue any a~i-aIl legal or equi~le remodi~es
availa6le to it and upon such forerlos~ue to force a~of the pcuperty enambered l~reucder wi[hout wraiv~er of
any right to collect a de.ficiency subsc~quent to such saLe.
9. Release. llpon PaYment of all s~ securaci by this Mortg~e. I~br[gagce shall release this Fbrtg~ge
wfthout cl~ge to Mortgagor. Mortgagor si~all pay any rea~rdati~on costs.
10. Attorneys Fces. i~b ee shall be entitled, in can~ection with pursuin~g any remedies arising here-
under, und~er the n4te securad or at Law or equity [o colle~ct all ex~ecLSes incucrc~d Uy i~brt ee inc.l.udi~
but ro[ limi[ed to reasa~able attorneys' fees ac~d oosts which shaLl include any attorneys' fe~ aw~eci by an
appellate co~u~t.
11. 1Yansfer of the Property or a Eeneficial Interest in Borrow~r. If all or any part of tt~ Property or
any inte~est in it is so].d (or if a beneficial interest in iinrrawer is sold or trar~fe~d by and Borrcx,sr is rot
a naturalperson ) without Iender's prior written ca~sent, Lend~er may, at its optiai, require imn~diate payment in
full of all swns secured by this Seaurity Instnment.
BY SIQ1It~ BELIJNI, t~ortga,gor acoepts and agrees to tlie tern~s ar~d covenants c~xiCained in this Mort~e ard in .
any rider(s) executed by Nbrtgagor and r~ecorded with it.
Signed, sealed and deliv~ered `
in tt~ p~ce of : . L~K.cG/J
~ ~ r ~ .r. J , ~SFAI.)
omas on u nam
~
' - ' C~' ~ (s~.)
Patricia A. P ps- u am
~SNAL.)
(SEAi.)
'90 .tlW 25 P12 ~5
, 1421434
Florida FILE~' r!~D ~~iJJ- ~
sr~ oF QOUG± N S C~t ~cQN t. ~
ax7xlY oF Sl. LI±C~` i~:JNT'~ '
' St. Lucip
~ I t~F.i3Y ~Y that on this day, before me, an otfioer duly auttnrizsci in the State aforesaid and in
; tt~e Cauity afoc~esaid to take acla~owled~nts, Pe1~~Y aPP~~
i
~
~ Thomas Mil[on Putnam
Patricia A. Phillips-Putnam
~
~ , to me lmown to be the person(s) described i.n and wi~o executed [he fore~oing ic~tn~n_nt acd acknowlect~ed before
ue that THFY executed the same for the purpose therein zxpcessed.
WITTESS my hand ard official seal in the Cauuy and S[ate aforesaid ttus / 9 day of
, 19 `f O .
~
i -
± N(7tAltY t'UW.IC
~..:~~u~
~ : ~L) ~ j ~ My Ca~ission Expix'es :
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E. r~• . v~lrnrv ~i• Cr -r nF FI n I A.
~ ~ ' ~ ' t^9~.
~ ` ~ • , v • ,i - . , . y .
r ~:.:.~z~ ~..:sa,., . ..,,:'~tio~awR~7~Ha.
~ .
1'EZ~.PAREA i~Y ^ ~ r' ~ : -
~lX~1LS E;: (~.~iA[~, : Q~E
First~CLCi-0er~S~der~aP fll,pg,.~.
k :b00 Soutlt I~~ct~ral• k~ry~: ~ Sc~i[~ 200
Fort Pi~erne, F1qFida; ;3~-SQ.
~ (4U7) 464-1033 ':+j.•
~
~ gooK~74 PacE25$3
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