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HomeMy WebLinkAbout1865__ THIRTEENTH: That this indentara and obllgatie:r ~rill,bef an~!remain in full force and effect and in ro wise be lmp~lred unfit the actual payment to the m~n~,3tgea of all Hums secured hereby, and that in case of a Salo or transfer of ary of the mortgr)p:d property or in cans of any agreement Fztending the ti ne or modifying the forma of payment tier.,:n recited or in can; any part or parts of the mortgaged property are released from the lien of this mo*tgage, without consent. of the a..ortgagor the card mortgagor shall not in any such event t~+ releaa~d, relieved or discharges from the payment of any of the sums secured hereby, but in such event the mortgagor shall neverthe.'ess continue liable to pay such auma according to the terms of such extension or modification and notes' natanding the making o~ any such partial release cr r-lessen unless said mortgagor be expr~aly released ar_d discharged in writing by the mortgagee. FOUItTEENTH; 7'he mortgagee may resort for the payment of the indobtedneaa secured hereby to its several se• curities therofor in such order and ms;rner ss it may think fit` and may at any time release any policy or policies of life insurance as rallateral security fur the payment of the indebtedness aeuured hereby without regard to the consideration for ouch release and/or racy accept a new polity or policies of life insurance in place thereof for such amount or amountr and in such form as it may re uire without being accountable for so doing to any other lienor, and it i8 expressly under stood and agreed that if any of the said policies of life insurance shall be cancelled or rol~aed and a new poli.,y or policies of life insurance shall be substituted in place thereof, the mortgagor shall keep such new policy or policies in full force and efTect until the indebtedness secured hereby is fully paid and aatisded and in default thereof the entire indebtedness secured hereby shall, st the option of the mortgagee, become due and payable forthwith a:~d without notice. FIFTEENTH: Thls mort~r-ge shall become due and payable forthwith at the option of the mortgagee if the mortgagor shall convey away acrd premises or if the title thereto shall become vested in any ether person or persons in any manner whatace~er. SIXT$F.NTH: In the event of the death o! the insured, the entire indebtedness secured hereby shall thereupon bo- Como due and payirble, and such sum for which the mortgab~ee may be legallyy liablA ot, said policy or policies of life insurance or any polieq or policies substituted in place thereof, or any policy or policies held as collateral hereto, or any dividends, dividend additions or dividend accumulations in connection with any policy or policies held as collateral hereto, shall ba 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. SEVENTEENTH: 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 address actually furnished to the mortgagee, or add~eaaed to the owners at said mortgaged properly and mailed by United States Mail, shall be autRcient notice and demand in any case arising under this mortgage which may be required by the provisions hereof or by law. SIGIITEENTII: IT IS FURTHER AGREED,' That all parties signing this obligation shall be jorntry and severally liable to the mortgagee and •that all the covenants and agreemehta of the mortgagor herein contained shall extend to and bind his executors, administrators, heirs and assigns, sad shall inure to the benefit of the mortgagee, its succeasora and assigns, and wherever the context hereof so requiies or adrnita all ref s r gagor in one number lj be deemed to Pxtend to and include the other number whether plura~~i~~n,~~l~ o{f any gender shall •,wable to all genders. UI]~l~ • ~~"'•t` ~ ~~~'=~~ 1961 DEC I 0 PM 2: 12 '` ,:~.,°~~ _~'~` '', ~'-~ ITRAS, CLERK '~ ROGER PO ~ ' "'~ NiY, flORIOA `~~ ~~,~ ~;~ ,~ .~ ST. LUCIE CDU • 4~r`~~,r•,`l ]Provided, however, that upon the payment of the indebtedness secured hereby and the performance of all the 'covenants and conditions contained herein and in said note, the said mortgagee «•ill execute and deliver to the mortgagor an instrument sutRcient in form and substance to enable the mortgagor to cause this instrument to be satisfied or discharged of record. It is agreed, however, that all recording and other expenses incurred in effecting such satisfaction or discharge shall be borne by mortgagor. IN ~YITNESS WHEREOF the said mortgagor has hereunto set his hand and seal the day and year first above written. Signed, s d and 'vered in t ae .. ...... ..... .. ....... ...... ,w~41.,kiSEAL) ~tSF'`AL) ....... .... ........ ...................................... '.. •. .......................e... .......... ................ STATE OF .F~R~~ .............................................................. COUNTY OF .S~;INT•.LUC:E ........................................................ I, a Notary Public, do hereby certIty that ..G.)~,C~w...~....C1iA,AMA.l1i..alnd..uIRGIN7A..C......... ..........C..>~~'..?~~.,...hid..~!~f~~.~,L14L.a...V..IRG~~..R.... CHAPMANa ..................................................................... personally known to m: to be the individual ..5.... described in and who executed the foregoing mortgage deed, this day personally appeared before me and acknowledged before me the! .........they .......................... executed said mortgage deed for the purposes therein mentioned. And I further certify that the said ......... V~~~.G~.N.~..~....~~~~............_.._.... __...... .....__....._ ...._......... personally known to me to be the wife of said .....~..~.~~i...Z....~~.~~~ ...........................:................................. nar.~cd in said mortgage deed, and one of the mortgagors therein, did this day personally appear before nee, and on a pzivate and separate examinatiott this day taken and marls before me, separately and apart from her said husband, did a: knowledge that she made herself a party to and executed said mortgage deed for all the purposes in said mortgage deed mentioned, and that she executed the same freely asd voluntarily and without any compulsion, constraint, appre• hension or fear of or from her said husband. „=,lelAl.3~;j~'N}3SS WHEREOF, I have hereunto set my hand and aflized my ofllcial seal, in the County of ........................... ~~. c h!$~ `f}uci~ ' Florida ,a 10th ~~~a,.......,,.....E,i.,,. ,~.........,: ................. and State of .......................................................................................... ....... ........ day '~~... Dec.~?~.?'...: ................................. A. D. 196....... th .... ... N V '~`~ Ii i? i ' rc ~- ~ ~! ~ L ~; ~-; ~ L' .. ~i - ;' ............. ............P'~!-4. .. ...Notary Public -- '.~ ~ '-p C i' •,:{ - ~ k'f- ` My Commission expires : !' ?- V - 6 ~ •~~:A~~ b~~ . ~~~ ~`• ......................................................................... '~rA t~N4~`~~arq Public, hereby certify that .................. persan9 mown to me to be the individual described in and who executed the foregoing n-,ortgage deed, this day personally appeared beforo me sad acknowledged that ............................ ezecuted tko said mortgage deed for the purposes therein eapreaaed. iN WI'i'NESB WHEREOF, I have hereunto set my hand and affixed my official seal in the County of ........................ .................:.:............................................. and State of .......................................................................................... thin ........................ day of .........................................................................., 19............. ............................................................................................................... Notary Public My Commission eapirea: