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Home My WebLink About0908 • ~ Ouac ii~,~s 5-18,179 ; this aa~rtp~a a~ otAer uaasfe~ of title to the ~sort~a~ed p~ope~ty ia eatiasuishmeot ot tAe iedebtedaess secured Aereby. sll ~ia!?t, title ~ and iate~est o( ~Ae Ma~~a~or ia and to aay inaurance policies thea in torce ah~ll pass to tAe purobaser or ~natee. (h) To per(am. complY ~ritA ~nd abide by eacA ~ad every 1h~ stipul~tions. asreemeou. coaditioas ~ad coveoaats ia said pranissory aote aad ia this deed set fo~~h. (i ) That it any ot said sums ot ma?ey he~eia ~eterted to be ao~ p~wnPt~Y ~ad fuUy paid ~rithia tiReea days aeat ~tte: ~ the sasa sevenlly bccaoes due sM payable.ar it each aad evety the stipul~tioas. ~sreeaenta. coaditioas and coveaants ot said pcaeia- ~ so~r aote ud this deed. o~ either. ue not tully pe~tormed, easplied ~rith and abided by. tde s~id ~ureaate sum meatia?ed ia s~id promiuory aote a6a11 became due .~+a p.r•e~e taNyitA a tAerea(ter at the optioa ot tbe Mortsa~ee •s tully and coopletelY as if the ~ said ~uretate sue of s~id p~omisaory aote ~as ori~iaally stipul~ted to be paid m such day. aaythias ia said promissocy note or Aerein to tlw cont~uy aoaritAstandins. (j ) That ia order to acceler~te the a~luritY of We indebtedaesa 6etepy secured. bec~we ot the (ailure ot ~de Matss~or so pay any aa. asseaaoeat. li~bility, obli~atioa or encumbraace upon ssid proparty. as Aereia p~ovided, it sAail eot be aecess~ty or reauisite Wat the mortsa~ee s!?all first p~y the same. 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtednesa hereby secured aad to foreclose the same. pay either before or after delinqueacy any or all of those ce[tain obligations required by the terms hereof to be paid by the Mottgagor for the protection of th~ mortgage secority or for t6e col- lectioa of the indebtedness hereby secured. All sums so advanced or paid by the Mortsagee shall be charged iato the mortgage account and become an integcal part thereof, subject in all caspects to the terms, conditions, and covenants o[ the si'oresaid pranissoryr note, and this mortgage, as fully and to the same exteat as thoush a put oC the original indebtedness evidenced by said note and secured by this mortgage, exceptiag however, that said sums shall be repaid the Mortgagee torthwith upon its demand and be in addition to the tegular monthly install- ments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortEaged ptoperty shall at all times. duriag the life of this mortgage, remain in possession of the Mortgagee aad in event o[ the foreclosure of this mortgage or other transCer of title to the mort6aged property in extiaguishment of the indebtedness secuted hereby, all ri~ht, title and interest of the Mort6aEor in and to any such abstracts of title shall pass to the purchaser ot arantee. 4. To the extent of the indebtedness of the Mortgagor to the Mortgagee described hetein ot secuced hereby, the Mongasee is hereby subrogated to the lien or lieas and to the rights of the owners ar~d hotders thereof of each and every mortgage, liea or other incumbrance on the land described herei~ which is paid and/or satisfied, in whole or in part, out of the proceeds of th~ loan described herein or secured hereby, and the respective liens of said mort6ages, liens or other inc~mbrances, shall be snd the same and each of them hereby is pnserved and shall pass to and be held by the Moctgagee herein as security fot the iadebtedness to the Mortgagee herein described or hereby secuced, to the same extent t6at it would have been preserved and would have been passed to and been held by the Mortgagee had it been duly and reaularly assigned, transfened, set over, and delivered uato tbe Mort- gagae by separate deed of assignmeat,-aotwithstanding the fact that the same may be satisfied and cancelled of record, it being the intention of the pacties hereto that the 'same wiil be satisfied and cancelfed of record by the holdera t6ereof at or about the time of the recordina of this mort6age. S. In the event the owners6ip of the mortgaged premises, or any part thereof. becanes vested in a persan other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, dea! with such successor or suc- cessors in interest with teference to this deed and the debt hereby secured, in the same mannet as with the Mort- gagor without in any way vitiating ot dischacging the Mortgagor's liability hereunder or upoa the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no ex- tension of the time for the payment of the debt hereby secured given by t6e Mortgagee shall operate to release, discharge, modify, change or affect the original liability of the Mortgagor herein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness ot indebted- ness, however evidenced, whether by said promissory note or any reaewal or eatensioe thereof or substitute there- y i for, or othetwise, until all such indebtedness shall have been fully paid. E 7.. /n the evenl the mortgagors sell, convey or transjer the ~no~tgaged premises during the lije oJ this neort- gage, then this neortgage sholl, at the option oJ the Mortgagee herein, becorne inunediately due and payu6le Jor the ~ jull swn oJ the principa! 6alance azd intesest then due. ~ 8. The tenns "Mortgagot" and "Mottgagee" wheaever used in this iastrument shall include the heirs, ~ pasonal tepresentatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ number shall include the plural and the plural the singular, and the use of any gender shall incl~de all genders. Sig d, seai ver in the presence of: (Seaq . (Seal) . STATE OF FLORIDA ~ COUNTY OF~ ss ~ s~efore me personally appeared HOWSLL W. EVERTS aad KATHERIN'r: M. EYERTS~his t~?ife ~ to me well taown aad known to me to be the individuals described in and who executed the foreaoing instriunent. ~ and acknowledged before me that they execattld the ssme for the purposes thereia eapre~sed. WITNESS my hand ~ and official seal in the County and State Iast aforesaid this 2nd ~8.~ O~ ~T 1969 ~ ~ ~,,..,~.u,iu,r~,~ RtLEO AND'RECOROE~' , . ~ ST.R UCQRD ~FR FYI~D~~ ~ "~r~~ • , ~ ~ly Canmission Expires: J11~S 0 1 1 t Notary Public, State o - ^ : • s' :r : ~t" ~ ~ '69 ,lU~~ I 9 PM 3 : 4 8 _ . ~ - ` . , .c o~ ; . ~ ~~'9~5 ~a ~ ~ ~ - ~ i~OUER r01TRAS q C~ERK CIRCt11T COURT; ~ ~ ~ s~~K 178 ~?~E 90 . ~ ~ - _ "i''-- . . . . . , . `r~