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Home My WebLink About1540t~.R 5~_ Fr.cF1Kl~ n 0'. F TI1IR'1'E1?N1'H: That this indenture and obligation's}ralt be Nnd"tr~rrain in full form and effect and in no wise be impaireet until the actr!al payment to the mortg~go~ of al! awns secured hereby, and that in cox of a sale or transfer of any of the mortgaged property ur in eels oC any wgreement extcn~iing the time or modifying the terms of paymea! herein recited or in case nny part or parts of the mortgaged property are released from the lien of this mortgage, without consent of the mortgagor the solo mortgagor shall nut in any each event be released, relieves or discharged from the payment of any of the auras secured hereby, but in such event tLe mc.rtgagor shall nevertheless continue list-le to pay such sums according to the terms of such extension or modification and notwithstanding the making of any such partial re-case or releases unless said mortgagor be expressly released and discharged in wTitii~g by the mortgagee. FOURTEENTH: The mortgages may resort fir the payment of the indebtedness secured hereby to its several se- curities therefor in such order and manner as it may think fit, end may at any time release any policy or policies of life insurance as collateral security for the payment of the indebtedness secured hereby without regard to the consideration for such release and/or may accept a new policy or policies of life insurance in place thereof for such amount or amounts nerd in such form as it may require without being accountable for so doing to any other lienor, and it is expressly under aloud errs agreed that if any of the said policies of life insurance shall be cancelled or released and a new• policy or policies of life insurance shall be substituted in place thereof, the mortgagor shall keep ouch new policy or policies in full [6'i•ce and effc•c•t until the indebtedresa secured hereby is fully paid and satisfied and in default thereof the entire indebtedness secured hereby shall, at the option of the mortgagee, become due and payable forthwith and without notice. FIh"fF.ENTH: This mortgage shall become due and payable forthwith at the option of the mortgagee if the mortgagor shall convey away said premises or if the tide thereto shalt become vested in any other person or persona in any manner whatsoever. S1\TEE\Tli: In the event of the death of the inanred, the entire indebtedness secured hereby al`all thereupon ba come due and payable, and such sum for which the mortgagee may be legally liable oa said policy or policies of life inaurane~ or any policy or policies substituted in place thereof, or any polrcy or policies held as collateral hereto, or any dividends, dividend additions or dividend accumulations in cunr.ection with any polrcy or policies held as collateral hereto, shall be applied to the payment ut the indebtedness secured hereb ;and in case a surplus shall remain after liquidating said in- debtedness, it shall be paid over to whosoever is lawfully entitled thereto. SE\'F.NTF.F.NTH: That the geeing of written notice addressed to '-he owners of record of the mortgaged property or addressed to the said owners at their last address actually furnished to the mortgagee, or addressed to the owners st said iortgaged property and mailed by United States Mail, alrall be sufficient notice and demand in any case arising under this mortgage which may be required by the provisions hereof or Dy law. , EIGHTEENTH: IT IS FURTHER AGRF.Ell, That all parties signing this obligation shall be jointly and severally liable to the mortgagee and that all the covenants and agreernents of the mortgagor herein contained shall extend to and bind his executors, administrators, heir+ and assigns, and shall inure to the benefit of the mortgagee, its aucceasun and assigns, and wherever the context hereof so requires or admits nll references herein to the mortgagor in one number shall be deemed to extend to and include the other number w(het~h~e~rAplural or singular, and the use of any gender shall be applicable to s!1 genders. ! I~~ic~ND RECORDED . . !P' .. _ IS6Z DEC -3. FP1 2: ~3 ~ `~~:;;; ~,:, ti. ROGER P01T'RAS, CLERK ~ ~~~~ ~• ~ ~,~ ~ • ST. IUCIE COUNTY, Fhp~p ~~.~..f ~ ~ .•:•. .' - -~ n _ , ., , Provided, however, that upon the payment of the indebtedness aecnred hereby and the perforrdaknca.p~; al,~ tl;N covenants and conditions contained herein and in said note, the said mortgagee will execute and deliver to tiae,nldi•igagor an instrument sufficient in form and substance to enable the mortgagor to cause this instrument to be satisfied or discharged of record. (t is agreed, however, that all recording and other expenses incurred in effecting ouch satisfaction or discharge shall be borne by mortgagor. I:` \ti ITN-;SS WIiEREOF the said mortgagor has hereunto set his band and seal the day and year first above written. Si led an ..red in e pros e ~ . .. ......~ . ..... ... ...... (SEAL) .. ... .. _ ~~yY1,wt,r,~t..t... y}'f _ ..z~.f~.~ ..,.. ... :..(SEAL) sTATE OF ..FT.ARIDA ...................:........................................ COUNTY OF ..SAIN.T..i.LU~IE............~ .............................. I, a No+ary Public do hereb certif that ....I!Aw~.N.~E••D•••.•!S~•~~.•$~4~••~~X~"i~J~..G''..'S~1T~' ..............his•-wife,,........................................ ................................................................................................................................................. personally known to me to be the individual8....... described in and who executed the foregoing mortgage deed, this day personally appeared before me and acknowledged before me that ............ t•~,~y„• ......................... ezecuted said mortgage deed for the purposes therein mentioned. And I further certify that the said ...PHYL.LI~•.C•...Sl!'L,ITH ........................................................................................ personally knocrn to me to be the wits of said.....~,W~'+~.~..~'+i.~.....-5~.~~ .................................................................... name ,yB, •g ~ mortgage deed, and one of the mortgagors therein, did this day personally appear before me, and on a L ~..~~Il!g;rate examinaticn this day taken and made before t:e, separately and apart from her said husband, ~pold ~ .r~1ed¢e t}fat she made herself a party to and executed said mortgage deed for all the pur~caea in said mortgage Q~~d•tr'rentronnnd; .and that she executed the came freely and ~cluntarily r nd without any compulaton, constraint, appro- ~; Iierf`i~•~r~feSar-of~r~rom her said husband. ';' IIV WI~NEFs3 IVHSREOF, I have hereunto set rap hand end affixed my of9ciel seal, in the Connty of.......,...~, .............. Florida !~-: ,Lucie; . ...................... and State of ............................................................. this ......~............... day ,; .• .... . j ,: ' •~ •~. ` 1-'~~ Notary Public • 'rrrr,r~„r~r"'~ ~` My Commission expires: ~'~'V'`y STA"I'L OF ........................................................................................ COUNTY OF .................................................................................... I, a Notary Public, hereby certify that ........................................................................................................................................ personalty known to me to be the individual described in and who czecnted the :oregoing mortgage deed, thin day personally appeared before me and acknowledged that ............................ executed the said mortgage deed for the purposes therein exp.eased. - IN WITNEg.9 FYHHR130F, I leave hereunto set my hand and affi:ced my of&ial seal in the Connty of ........................ .... and State of .......................................:.................................................. this ........................ day .............................................................. of ........................................................................., 1l,..........., Notary Public My C;omm[rsicn ezplres: