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Home My WebLink About1259 Our ~ile 5-18,9~~ th~s nart~~te a o~ha tr~nsfe~ ot t~tl~ to the mo~t~a~cd propt~ty m ext~ns~:sh+r.en~ u~ tAe ~ndentc~ne•sa .ec~~cd herchy, ,il i~rAi, u~lc and ~n~erest ol the Mo~t{~~a ~n snd to ~nY +nsuunce pulwies ~Aen ~n torce shall pass w tAe putch~se~ ur Y~~ntee. (h) To ptriam, cixnplY v~tA am1 ~D~de sy ca.h •nd every tAe st~pulati.xis, ~~re•m_nts, conduioos snQ co~eo~nt. ~n .~~d p~~m~..~~i> note and in th~Y deed sc~ tatA. 1 TA~t ~t ~ny ot said sums o( monry herctn refcncd ~o be not p~omptlY ~M1 (ully pa~d r~th~n iift.•rn n..~ .,~i.~ the samt sevetally becoaes due and paYab;c, a d ea.h and evetY tAe suputauons, a~~eemrnts, cunJ~t~on~ and co~er.~ntc ~.i .aed p~..m~.- sury eote and this deed, or euhe~, ue nut tully perfamcd, comD~~ed ~'~th ..nd ab~ded the :a~d a~~rep~r sum menu~~ncJ ~n .~:J promissaY nute shall become due and p~yable fdlhr~tA or therea(ter at tAc op~~on ot tAe \lat~agee as (ull~ and :omplrtcly a~ ih. ca~d a~pe{~le sum o( sa~d p~om~csory nole was ons~nallY s1~pul~teJ to Dr pa~d on such drY. any~hint m+aid prom~s.nr>' ro~. „r hrreen to ~he contr~ry not~~ihsunJ~ns. 1 That m orde~ tu acctleratt the maturuy u( tAe ~ndebtedness hereby se:wed, hetause o( the (ulure ot the AfortYe~t~~~ p~Y ~M as.essment, lub~lily, obli~at~un .w rncumMince uron sa~d property. ss Aerun pro.~deJ, A+hall no~ be ne.r..an~ rcqu~c~~c ~hat ih,• m.xter~ec shall tirst pay the .rme. 2. The Aiortgagee may, at his option. and withaut wa~ving his right tu accelerate the indebtrJne.~ hcreby secured and ta foreclose the same, pay either before or aftet deli~quency any or all of those cettain obl,~gauun. required by the terms hereof to be paid b~ the tilortgagor for the protection of the mortgage security ~?r for the c~l- Irctiun of the i~debtedness heteby secured. All sums so ad~anceJ or pa~d b}~ the !Nottgagee shall be charged into the m~~rtgage accaunt and bea~me an integral part thereo[, subject in all respects to tht term~, ronditi~~ns, and covenants o(. thr aforesaid promissory note, and this mortgage. as fully and to the same extent a~ though a part of the original indebtedness evidenced by said note and secureJ by this mortgage, excepting however, that ~aid sums shall be repaid the A~ortgagee forthwith upon its dtmand and be in addition to the regular munthly in~tall- ment~ provided by the mortgage note. 3. That the abstract ar abstracts ot title covering the mortgaged propetty shall at all times, duting the lifr of this mc~ttgage, remain in possession of the \lortgagee and in event of the foreclosure of this mortgage or othe~ transfar oi title to the mortgaged proptrty in extinguishm~nt oC the indebtedness secured hereby, all right. ~itle and interest of the ~lortgagot in and to any such absttacts of t~tle shall pass to the purchaser or grantee. To the extent of the indebtedness of the l~Mrtgagor to the Mottgagee described herein ot secured hereby. the !1lortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every mortgage, lien or other incumbtance on the land described hetein whirh is pa~d and'or satis(ied, in whole or in part, out of the proceeds of the loan described herein or secured heteby. and the respective liens of said mortgages, liens ot other incumbrances, shall be a~d the same and each of them hereby ix preserved and shall pass to and be held by the ~lortgagee herein as security fot the indebtedne~s to the ~lortgagee herein described or hereb~• secuted, to the same e~tent that it would have be~n preserved and w~uld ha~~e been passed to and been held by the ~tortgagee had it been duly and regularly assigned, ttansferred, set over, and del~vered unto the \lort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of record, it be~ng the ~ntention of the parties hereto that the same ~ill be satisfied and cancelled af record by the holders thereof at or about the time of the recording of this mottgage. 5. In the event the ov?~nership of the mortgaged premises, or any part thereof, beaxnes vesteJ in a person athet than the \lortgagor, the Mortgagee may, without notice to the Nortgagor, deal with such successot or suc- cessors in interest v?•ith reCerence to this deed and the debt hereby secuted, in the same manner as with the \lort- gagor ~ithout in any way vitiating or discharging the ~lortgagor's liability hereunder or upon the debt hercby secured. No sale nf the pcemises hereby mottgaged and no Corbearance on the part of the'.1k~rtgagee, and na ex- tension of the tim~ for the payment of the debt hereby secuted given by the ~lortgagee shaU aperate to release, discharge, modi[y, change or affect the original liability of the Alortgagor hetein either in w~hole or in part. 6. The lien of this deed secures and shall continue ta secure payment of said indebtedness or indebted- ' ness, however evidenced, whether bv said promissoty note or any renewal or extens~on thereof or substitute there- ; [or, ar otherv?~ise, until all such indebtedness shall have been fully paid. € 7. /n Ihe event the mortgaAors sell, convey or t?ansjer the mortRaged premises during the li!e oJ this mort- KaRe, then this mort~aRe shall, at the optton oj ~he Alor~guKee herein, hecome immedialelv due and payable jor ~he• ~ JuJI sum oj the ~+rinc•ipal balance and interest then due. ~ 8. The terms "Mortgagor" and "h'lortgagee" whenever used in Ihis instrument shall ~nclude the he~rs, personal representatives, successors and ass~gns of the respective parties hereto. Where~er used the s~ngular ~ number shall include the plural and the plural the singular. and the use of any gender shall include all genders. ~ ~ / • ~ gneJ, se d ivere in the presence of: ~t~ (Scal) V .(N~~ (Seat? ~ , ~ STATE OF FLORIDA I ~ COUNTY OF ~ ~ ~S ~ SBe~`ore'meC'pleFr'sonally appeared HARPEY LFE IeTII,L7.~'~P'iS a~1d PFARIi WILLIXMS~ His Wife to me well known and known to me to be the individuals described in and who cxecuted the faregoing in~trument, and acknowledged befote me that they executed the same for the purposes therein expressed. W1TNF5S my hand and official seal in the County and State last aforesaid this 15th day o ovember, 1969. ~ June 3i~ 19?i t Notary , tate of _ . . - - ST. LUCIE COUNTY. FI.A. . - . , r<<:rORe3 VE'nlFIEO : ~ 4 AM ~$~T'O3 ~ K = '69 OE^ • ~ ~ ~or,.(.cZ~ ,~0':_^. i'OITr'~'.t.S ' CLERK CIRCUIT COURT ~ ~rr~ _ . ~ - - y . . . ~ _ . ~ ~ " - - - ..~E. ~~sYZ. . , . _ ~ . . ~ . ~__:~.~''+,:1_