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Home My WebLink About0794 Our file 5-18,85~ ih~s mort~~~c a otAer tr~nsfer o( Iule ~o the a~on~•~ed poperty in extin~ui~hmem ut the ~ndeAtedncs~ .c~wrd Ac~e+~~, .,It ::ght, uili and ~nu~ert ot the Afort~~~or ~n •nJ tu a~y ~n~ur~nce polic~ea thert in ~ace ~A~I1 pa,s to the put:ha+e~ m~crntce. (A) To pe~f~rm, camply witA and aD~de by eacA and every Ihe st~pulaU:~ns, a~~ccment~, condiunn. and c~~~tnant. ~n ...iC p~,~~n:..;~r~ note sod ~n th~y Jecd se~ fo~th. (i) That it ~ny o( said suma uf mone~ herein ~e(ern•d tu ~e not promptl~• and tully pa~J +~~Ain ~~f~.•.n n.v .~i~.~ Ihe same severally becumes due and payaDle,or d e~ch and erct) tAe sUpuiLuons, a~ceemrnts, ~und~t~:.n~ •nd cu~ene~~. ~~i ..,~J p~.~m~~- swy note and this deed, ur tuher, ~te not iully per(ormcd, complicd ~~~tA rnd a~~dcd ~v. ~Ae ~aid Jj~~CR~~f .um menu.mr~l in ~aid promissay note sh~ll becume due arW psyabie fa~l++~th ix thereafter a1 the opt~on uf ~he \fo~tKa~re .s (ull~ ,,nd .omple~rh ~hr xa~d ,~~e~.~e s~~ or s.~a awn+.so~~~ oa~e w~s on~~nally supul~ted ~o be pa~d un .ucA Ja). ?n~thin` in ~a~d ptom~...~~rY n.•tc or here ~ tu ~he contr~ry notwi~As~~ndm~. 1~ 1 That ~n order to accelerate tAe rtutumy o( the mdebtedness AercDy secured. because u( ~Ac (a~lurc o( tAe \tor:ge~ur t~. pa> any t..~, as.ecsmeM, lubii~ty. oblirrhon cx rn.umbrance upnn +a~d propt~ty, s. heerm pro~ided, n.h~ll not be ne:r.•.~ry ~cyw.uc ~hai ~hr moc~p~ee shall f~rc~ pay tAe sart~e. 2. The 4lortgagee may, a~ his op~ion, and w~thout wa~ving h~s rigfit to accelerate the indehtednes, hrreh~ secured and tu foreclose the same, pay either befare or afttr del~nquency any or ail of those cettain ~~bligatiun~ r~quired by the terms hereof tu be paid by the ~lortgagur for ihe protection of the mortgage security ~~r Car the cnl- leclion ~~f the indebtedness he[eby secured. All sums so advanced or pa~d by~ the !~lottgagee shall be charg~d int~~ the mottgagr acc~~unt anJ becume an integral part thereof, subject in all respects t~~ the term., conditiun~, and covenants oG the aforesaid promissory note, and this mortgage, as fully and to the same extent a~ though a ~art of the arigina{ indebtedn~ss e~idenced by aaid note and ~ecur~d by th~s mortgage, excepting however, that ~aiJ sums shall be repa~d the Alortgagee forthwith upon its demand and be in addition to the regular munthly in~tall- mznts provided by the mortgage note. 3. That the abstrac~ ur abstracts of title covering th~ mortgaged property shall at all times, duting the lifr of this mc~ttgage, remain in possession of the Mortgagee and in event uf the foreclosure oC this mortgage or ~~ther transler ~~C titlt to the mortgaged propett~ ~n eztinguishment of the indebtcdness cecuted hereby, all r~ght. Utle and mterest of the ~tortgagar in and to any such abstracts of title shall pass ro the pucchaser or grantee. ~3_ To the extent of the indebtedness of the !4lortgagor to the Mottgagee described herein or secured hereby, the Alortgagee ~s hereby subrogated to the lien or liens and tu the nghts o( the owners and hoWers thereof of each and every mortgage, lien or other incumbrance o~ the IanJ described herein which i~ paid and or satisfied. in whole or in part, out of the praceeds of the luan described herein or secuted he[eby, and the re~pective liens ~~f ,aid mortgages, liens or other ~ncumbrancts, shall ba and the same and each ot them hereby i, preserved and shall pass ti~ and h~ he1J by the ~tortgagee herein a~ security for the indebtedness to the ~lortg~ge~ here~n described on c~reb~~ srcured, t~~ the same extent that it v?~~~uld have been preserved and would have been passed to and been hcld by the ~lortgagec had it been duly and regularly assigned, transferred, set over, and delivered untu the \tort- gagee b~~ ,eparate derd of assignment, notwithstanding the fact that the same may be satisf~ed and cancetled of rerord, ~t bting the intention of the partie+ hereto that the same v?ill be satisfied and cancellyd of record by the holder~ thereof at ~~r about the time of the recording of this mortgage. 5. In the event the vN•nership of the morigaged premises, or any par~ thereof, bccomes vest~d in a per~on other than the ~lortgagor, the ;1lortgagee may, without notice to the \lortgagor, deal with such surcessur or suc- cessors in interest ~ith reference to thic deed and the debt hereby secured, in the same manner as with the ~t~~rt- gagor K•ithout in any way vitiating or discharging the !1lortgagor's liability hereunder or upon thc debt hete!~y secured. N~ sale ui the premises hereby mortRaged and no forbearance on the patt of the ".lbrtgagee, and no ex- tensi~~n ~f the time for the payment of the debt hereby secured givcn by the ~lortgagee shall operate to release, discharge, mod~fy, change or affect the uriginal liability of the \lortgagor herein e~ther in whole or in part. 6. The lien of this deed secures and shall c~~ntinue to secure payment of said indebtrdnes~ or indebted- ' ness, however evidenced, whether by sa~d promissory note or any renewal or extension ther~of ~~r tiubs~~tute there- ~ for, or otherwise, untit all such indebtedne~s shall have been fully paid. ~ 7. /n /he even~ ~he mortgaRn?s sell, com~e•y o? trans(er the mo~rRaRed ~remises during thc liJe oJ this mnrt- ~ xQR~'• Ihen th?s mo~t~aRe shall, at the opJion nj thr 1fo?txugee herein, becnm.e immediate/ti• di~Q vnd ~wyahle Jor the E Jull sum of the principal balance and inlerest then dur. ~ 8. Tt~e terms "~lottgagot" and "Mortgag~e" Whenever used in this instrument ~haU include thc heirs, ~ personal represeatatives, successors and as~igns of the respective parties heret~?. Wherever uscJ the singular number shall include the plural and the plural the singular, and the use of any gender shall include all genders. F ~ ~ ~ Sig ed, seat n el~ ered i the presence of: ` IScall ~ ~ ~ _ (Seal) . ~ ~ STATE OF FLORIDA I ss~ COUNTY OF ~ ~ SS ~ ST. I,UCIE gg,pNg~ yQII NOBLE an unmarried woman Be[ore me personally appeared ~ to me well known and known to me to be the ind~viduals descr~bed in and who executed the foregoing ~n~trument, and acknowledged before me that they executed the same for the purposes therein expressed. WiTNESS my hand = and afficial seal in the Count} and State last aforesaid th~s 8th Day Of I~1 ember, 1g69. _ ~ ~ ':3 :::rr;, _ •v' 7! . Notat Publ~c, tate of ~,~f ~ ~1y Cumm~ssion Expires: ~'[une~,~_lU~l Y ' FILEO ANO RECOROED ` - : ~ : . ` . ST, IUCtE COUNTY. FL ~ , : ~ ~ E.CORD VERIFtED ~ ~ ' V~ , . . ' ~ ~ . '69 NOY 2S PM 2:46 ...,~.r~f;:.. ~r~ 186164 ~ ~:o~e~~ ~-OITRAS CLERK CIRCUtT COURT~ fi R BooK181 79~ u~ _ _ - - - - - -:U _