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Home My WebLink About2096 Our rile 5-18,7?1 ~ , ~ - . - . ~ tA~a ma~~a~e o~ othe~ u~n~(e~ of titie to the aar~~s~ed prope~ty ia ea~in~wshaxat oi the ~ndeptedeus secwed Aereby, ~11 n~hi, ~~tle ~ snd io~sreat of Ne Mort~uo~ is and to ~ny inswance polieies tAea ia toree sh~ll p~as to Ibe purcA~ier o~ ~~niee. (A) To per(ora~, casoly rritb ~ad ~bide by eacA and evety tAe s~ipulations, ~peemenu. coaditioas aad covenants ie s~id pramsaay aote and in ~h~s Aeed sst to~W. - ):iut it aer o( s~id ~uau~ ot ~oney hereia ~efened to be not proaptly sad tully p~id W~thin ti(teen dsys ~eat afte~ the sase aever~lhr beooMS due ~ad p~Y~ple.a it eacA aad ev~ry tAe stipulations. ~~~eeeeats. conditioea teid coveea~a ot said p~aa~s- say note and tAis deed, or eithet. ue aot tully pe~formed. coeplied ~rith aad asided by~ the s~id akre~ate su~ menuoeed in s~id promissory note shall peeose due and paYaele f~tA+ritA o~ there~ttet •t tAe optian ot the Mortss~ee •s fully and caepletely ss it the . s~id ~asreqte au~ o( s~id proaissory aote ~as or~~in~lly stioul~ted to be p~id m such d~Y. ~aytAin~ ia said p~asisswy note or Aere~n to tAe contruy aotvithst~adia~. • (j 1 TAat in orde~ to accelar~te the maturity of tAe iedsbtedness htreby secured, sec~we of the f~ilure ot the Mat~a~or to pay aoY taa, assecaa~ent. I~ability. oblis~lion a e~cumbrance upon s~id property, as Aerein provided. ~t shall not be necessary or ~eQui~~te N~~t ~Ae mo~~{a~te shall tirst pay the s~se. 2. The Mort~asee may. at hix option. and without waiving his right to accelerate the indebtedness hereby secured and to faeclose the same, pay eithet be[ore or aRer delinquency any or all of those ce~tain obli~ations required by the terms hereot to be paid by the Mortaa=or for the protection of the mort~age security or for the col• lectiun of the indebtedness hereby secured. All swns so advanced or paid by the Mott`a~ee shsll be charsed into the mortgage account and become an inte`ral part thereoi, subject in all respects to the terms. conditions. and cove~ants of the afaesaid promissory note. and this mort`aae, as [ully and to the same e:tent as thou~h a part of the original indebtedness evidenced by said note and secured by this mort~eae, excepting howevet. that said sums shall be repaid the Mortsagee forthwith upon its demsnd and be in addition to the re~ular monthly install- ments provided by the mo~t`ase note. 3. That the abstract or absuacts of title coveria~ the moctgagsd property shall at all times, durin~ the tife of this mortgaga, remain in possession oi the Mortgagee and in even: of the faeclosure of this mort6a6e or other ~ransfe~ o[ title to the mortgaged property in extinguishment of the indebted~ess secured hereby, all riaht. title and interest of the Mortgagor in and to any such abstracts of title shall pass to the purchaser or ~rantee. 4. To thc extent of the indebtedness ot the Mortaagor to the Mort`agee desctibed herein or secared hereby, the ~lortgagee is hereby subrogated to the lien or liens snd to the tights of the owners and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and/or satisGed, in whole or in part, out of the proceeda of the loan described herein or secured hereby, and the respective liens of said mortgages. liena or other incumbrances. shall be and the same and each of them hereby is preserved and sh:ll pass to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described ~ or hereby secured, to the same extent that it would have been preserved and would have been passed to and been ; held by the Mortsagee had it been duly and regularly assigned. aansfened, set over, and delivered unto the Mort- j gagee by separate deed of assignmcnt, notwithstandin~ ?he fact that the same may be satisfied and cancelled of record, it bein6 the intention of the parties hereto tt~at the same will be satisfied and cancelled ot record by the halders theteof at or about the time of the r~cordina of this mortgage. 5. In the eve~t the ownetship of the mortsaaed premises, ar any part thereof. becanes vested in a person oiher than the M~rtgagor, the Mortgagee may. without notice to the Mort6aior, deal with such successor or suc- cessors in intetest with reference to this deed and the debt hereby secured, ia the same manner as with the Mort- gagor without in any way vitiating or ~ischarging the Mort~agor's liability hereunder ot upon the deb~ hereby secured. No sale of the premises hereby mortgaaed and no forbearance on the patt of the Mortgagee, and no ex- tension oi the time fo~ the payment of the debt hereby secured given by the Mortdaaee shall operate to release. discharse, modi[y, change ar affect the original liability of the Mortgagor herein eithet in whole or in patt. 6. The lien of this deed' secures and shall continue to secute payment of said indebtedness or indebted- ness. however evidenced, whether by said promissory note or any renewal or extension tt~eteo[ or substitute there- ; for, or oiherwise, until all such indebtedness shall have been fully paid. j 7. In the event tbe rnortgagors sell~ convey or transje~ the ~no~tgaged prernises during tht liJe oj this niort- f RoRe. ~hen-this mo?tgage shall, at the option of the Alortgagee herein. becon~e in~mediately due and payoble for the ~ Jall sum oj the principa[ 6a/ance and interest ~hen due. 8. The tenns "Mortgagor" and "Mottgagee" w•henever used in this instrument shall include the heirs. personal tepresentatives. successors and assigns of the respective parties hereto. Whetevet used the singular number shall include the plural and the plural t6e singular. and the use o[ any gender shall include all genders. . ~ Si ed. seal i red n the esence of: «a~~ ~ ~ (Seal) _ ~ STATE OF FLORIDA ~ ~ ss COUNTY OF ~7~ ST. LUCIE CHARLES G. JFNKIN3 and NELTA JENKINS, His Wife Before me petsonally appeated Fp~le I'19 Knotfll A s~ NELTA TYSON to me we11 btown.and kaown to me to be the individuals descrbed m and who executed the fore~oins insUument. ~ - ~ and aclcnowledged before me that they eaecnte~ the same [or tho p~uposes thereia expressed. WITNESS my hand and oi(icial seal in the Coanty and State last afocesaid this 16th Day of OetobeZ~~ 1969. FIl.EO AND RECORD~E`A LU IE COUN ut°i~~:r ~T', Crc:C _R`:~~t~C . ~ u F Florid~~~a `r A~== ' ~ty Canmission Expires: J IIe 30. 1971 Notary Public, State of ; ~ ~69 O~T 27 P~ I : 29 : ~ ; r~ ~ . = ~ 1848~ _ - : . _ . ~ ~ : ~f ~ . : .n. c :7~7P...S - - . . ' 'JlT COURT ' ~ CLERK LIRC ~ ~ D/ ~i~ ' ~.\I~i~.yrRr ~v1111 I 4 : J ~y 3 - " _ . _ . . . - ~ 3~"`Y'•--~'~ ~-a. ~ x`^~ . I ~