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Home My WebLink About1083Pa~~ ~~ FAIT ~~ 1 'iHIRTEFsNTH: That this it+dentnra are' ...~igation shall be and ren~ein In :ull Lorca au3 effect and i~ no wise be impaired until the actual payment to the morcgcg•!e of alt corns ~cura~i hereby, anJ that in ease of a sale o: transfer of any of the mortgaged property er in ~•nee of any agreement extending the time or mcdi;ying the terms cf payment herein recited or in case eny part or parts of the xrturtgaged property are released from the lien of this mortgage, wit' out consent of the mortgagor the ra;d mortgagor shall not in any such event be re!eaaed, relieved or discharged from the payment of any of the sums secured -hereby, but in such event the mortgagor shall nevertheless continue liable to pay such auma according to the terms of such extension or modification and notwithstanding the making of any ouch partial relea:u or releases unless acid mortgagor M expressly released and dis~narged in.vrriting by the mortgagee. FOURTEENTH: The mortgagee may resort for the payment of the indebtedness secured hereby to its several so- curtsies therefor in such order and manner as it maq Lhink fit and may at any tune release any policy or policies of life insurance as collateral necurity for the payment of the indebtedness secured hereby without regard to the consiueration for ouch- release andlor may accept a nEw policy or policies of life inaur9tnca In place thereof for such amount or amounts and in such form as it may require without being accountable fir ao doing to any other lienor, and it is ex ressly under stood and agrced that if any of the said policies of life inaurwncv e;,all be cancelled ot• released and a new policy or policies of life insurance shall be aubat;tuted in place thereof, the mortgagor shall keep such new policy or poliriea in full force and et?ect until the indebtedness secured hereby is fully paid and satisfied and in de!ault thereof the entire indebiedneea secured hereby Rhall, at the option of the mortgagee, become due and payable forthwith and without notice. FIF'PEENTA: This mortgage chap become due and payable forthwith at the option of the mortgagee if the mortgagor shall convey away satd premises or if the title thereto shall become vested in eny other person or persona in any manner whatsoever. SIXTBI?NTH: In the event of the death of the inanred, the entire indebtedness secured hereby ahnll thereupon be- come due and payable, and such sum for whjch the mortgagee mayy be legally liable on acid policy ur policies of life insura~tee or any policy or policies substituted in place thereof, or any po]icy or policies held as collateral hereto, or any dividends, dividend additions or dividend accumulations in connection With any policy or policies l.eld as collateral hereto, shall be applied to the payment of the indebtedness secured hereby ;and in case a surplus shall remain after liquidating said in- debtedness, it shall be paid over to whosoever is lawfully entitled thereto. SEYF.NTEENTII : That the giving of written notice addressed to the owners of record of the mortgaged property or addressed to the said owners at their last addreaa'actually furnished to the mortgagee, or addressed to the owners at said mortgaged property and mailed by United States Iidail, shall bo auflicient notice and demand in any cane arising under this mortgage wh-ch may be required by the provisions hereof or• by law. EIGHTEENTH: IT 14 FURTHER AGREED, That all parties signing this obl!gation shall be jointly sad severally liable to the mortgagee and that all the covenants and agreements, of the mortgagor herein contained shall extend to and bind his executors, administrators, heir and assigns, and shall snore to the benefit of the mortgagee, its succPSSOn and assigns, and wherever the context hereof ao requires or admits sli references herein to the mortgagor in one number shall be deemed to extend to and include the other somber whether plural or singular, and the use of any gender shall be.appliSable io all ganders. ~~Q ANO RECOROEO 11~5~~ ,, ..... -,;. ~. _ BOOK `~' ~JJ;-• `y+~g`:;: - 1962 N OV 23 PM I: 42 _. ;,,. - - • ~ ~` ~ ~~ ROGER POITRAS, f.IERK •-.--- ~ ~•'~`";'- ST. tUCIE COUNTI', FLORIDA ,,~L ' ~~ ~~•` t •~~ded, however, that upon the payment of the indebtedness secured hereby and the performance of all `-~m~ati>L~ifs'and conditions contained herein ar.d !n acid note, the said mortgagee will execute and deliver to the mortga an instrument sufficient in form and substance to enable the mortgagor to cause this instrument to be satisfied or dischar of record. It is agreed, however, that all recording and other expenses i~;curred in effecting such satisfaction or discha shall be borne by mortgagor. ICI \VITNEScu WHEItEOF the said mortgagor has hereunto set his hand and seal the day and year first above writ Signed, s a ivered t .~ -- 1 -- ~.• ,` FLORIDA ~ ~ ` STATE OF .............................................. ..................................... covN~Y oF ......ST.t...LUCIE ................................................ I, a Notary Public, do hereby certify that .......~~~~?.~.~~~~.••~•• .SHA.Y....~)3....~d~.~y~LYN ........................................................................................................SHAY.,...his...vrif~.,......................................................................: personally k,iown to me to be the individual .$..... described in and who executed the foregoing mortgage deed, this day personally appeared before me and acknowledged before me that ..........they.........-.......-.-...._.. executed said mortgage deed fur the purposes therein mentioned. And I further certify that the esid ..........~~~i~~..~...,5~.~,Y,. .................................................................... •........ a ................:............................... personally known to me to be the wife of said ........~-r.~Rr~T.QP~E.~.--+~-•.•~-~.•~ ••~~~ named ~:r said mortgage decd, and one of the mortgagors therein, did this day personally appear before me, and nn a private and separate examination this day taken and made before me, separately and apart from her said hust,and, did acknowledge that she made herself a party to and executed acid mortgage deed for ell the pur~osea in said mortgage deed mentioned, and that she executed the same freely and voluntarily an:: withs~.tt any compula:on, constraint, appra hension or fear of or from her said husband. 1N WITNESS WHEREOF, I have hereunto set my hand and afllxsd my ofllcial seal, in the County of............ .... ...................... thin ..~.~.~....... day ..................~X•...~Il~.~....................... and State oi ......~~,i?~'~,d.~,......................................... ~l~` ,i ~~ .. Y.~~.~~ ..................... . D. 19.6......... .. `. ~.t .y.r.... ,,; A ~. ~ ~• •. ~ I .................. .. ... ... .. _.. .• ' . .. Notary Public My Commission ezpirea ••C~~. ~~ v'• _ ........................................................................ e ~ ............................................................................... ............ .... ... .... • / g. IVti~`t•~~?ts69ie, hereby certify that ................:.. . ~' per"a'oru 11~ !~` ~ ~ta ate to be the individual described in and who executed the foregoing mortgage deed, thta day peradif~lly'`~ppeared befura me and acknowledged that ............................ ezecuted the said mortgage deed for the purposes therein expressed. L~1 WITlYES3 WHEREOF, I have hereunto set my hand and afiSxed -ny ofllcial seal in the County of ........................ ~ .......................... ... and State of .............................. .............................................. this ........................ ds~ oi ..........:......:......................................................., 19............. ................................................................. .................................... Notary Public hiy Co:nzn:asion expires: 1