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Home My WebLink About2599 our tile 5-19;033 ~A~c moit~aRe w utRri uans(er ot t~Ue tu [Ac mur~~a;ed pope~ty m eitinYu~~hmtn! u~ ~he ~adel+teCne~a .e.u~rd h~re!~~, cll naM, ti~le and ~ntereat o! the Morljajw ~n and tu aoy ~r.swance policus ~Atn ~n turct s~sl1 psss to ~~e pwchaae~ ur ~nn~ee, tAl Tu per(am, .<rnply W~th ynd a~~Je by eacA and evety tAt aupulalu~r:s, apeements, cond+hon.. and cuvenanh ~n na~d pr~~m~~~~ry no~e and ~n ~h~v deed sel (arth, 1 That anY o( .a~d sums ut money here~n ~eferrcd to ~e not promptlp ar.d wll~ pai~ +uh~n f~(~cen J~y. ncat rttcr ~he ssme se~erally Dec~.mes due and payable,.~r ea:h and ererY tAe supula~~ons, a~~crments, conJ~~~un. .nd co~enan~s o( :aid prumi~- .ory note and this deed, or t~~her, are not (ully pe~(ormed, compGed +~th ;,nd ab~ded bY, the .a~d a{ireRa~e sum rncnuoned ~n sa~d prum~sswy note sAall becane due am1 payablt forth~uh ot ~heru(ter •t :~e opUon u[ thc No~l~a~ce aa fuli)~ and completcly as ~f thr sa~d aY~repte sum o( sa~d {uom~ssay note was on~~nally supulateJ to be paid ~n such dry, anytA~o~ ~n ssid ptom~~suty no~e or herein tu Iht c~trary not~~i~hs~and~n~. 1~ ) Thai ~n order ta accelerate tAe mawnty uf the srtdcEtedness heteby secwrd, because of the fa~lurc of the ~to<<~ta<<x ~o psY ~ax, as.e.smen~, Iub~l~ty, obl~gat~on ix rnrumArance upon ss~d prupe~~y, as hcr~~n p?ov~ded, ~t shall nol be neiec~ary w reqws~~e that :F.r m.xt~asee sraU fust pay ~he same. 2. The ~lortgsgee may, at his option, and without waiving hi+ right to accelerata thc indebtedness ~erehy cecured and to foteclose the same, pay either beCore ot afte~ deiinquency any ot all af those certain obligat~ons requi~ed by the terms hereof to be paid by the ~lortgagor fur the pcotection of the martgage security or for the cul- lection of the indebtrdness hereby secured. A!! s~ms so advanced ur paid by the hlortgagee shalt be charged into the mortgage account and become an i~tegral part thereof, subject in all respects to the term~, conditions. anJ ~ovenants uf~ 1he a(oresaid promissory note, and this mottgage, as fully and ta the same extent as though a part of the ariginal indebtedness evidcnced by said note and secured by this mottgage, excepting howevet, that said sums shatl be repaid the Alortgagee forthwith upon its demand and be in addition to the tegular rttonthly install- ments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mottgaged ptoptrty shall at all times~ during thr life of this rTx~rtgage, remain in possession of the !1lortgagee and in event of the foreclosure ot this mortgage or otl~er tramter of title to the mortgaged ptoperty in extinguishment of thc indebtedness secuted heceby. all right, titlc and i~terest of the ~lortgagcx in and to any such abstracts of title shall pass to the purchaser or grantee. To the extent of the indebtedness of the ;Nottgagor to the Atortgagee desccibed herein or secuted heteby. the ~tortgagee is hereb~• subrogated to the lien or liens and to the rights of the owners and holders thereof of each and everv mortgage, li~n or other incumbrance on tho la~d describcd herein which is paid andior satisfied, in whole or in part, out of the proceeds of the loan described herein or secured hereby. and the respective liens uf ~aid mortgagcs, liens or other incumbrances, shall be and the ~ame and each of them hereby is preserved and shall pa~c t~ and br held b}• the \lortgagee herein as security for th~ indebtedness to the ~lortgagee hetein described or hereby secured, to the same extent that it would have been preserved and would have been passed to aod Aeen hcld by the \1~rtgagee had it been duly and regularly assigned, itanskrred. set ovet, and delivered unto the Mort- gagee b~ ~rparate Jeed of assignment, natwithstanding the fact that the same may be satisfied and cancelltd of recard, it br~ng the intention of the Parties hereto that the same will be satisfied and cancelled of recosd by ~he hulders thereof at or about the time of the recording of this mortgage. 5. In Ihe ec~ent the ovvnership of the mortgaged premises, or any part thereof, beccxnes vested in a pera..n ...h~~ than the ~tortgagur, the ~tortgagee may, without notice to the \lottgagoc~ dea! w•ith such successor or suc- ce~sor~ in interest with reference to this deed and the debt hereby secured, in the same manner as witF the 1~1ort- gagor without in an~~ way vitiating or dischatging the hlortgag~c's liability hereunder or upon the debt hereb~ cecured. N~ sale c.f the premises hereby mortgaged and no forbearance on the part of the f?iortgagee, and no e.x- tenti~~n o! the time ~or the payment of the debt hercby secured given by the ;llortgagee shall operate to releasP, discharge, modify, change or affect the original liability of the ~lortgagor herein either in whote or in part. ~ b. The lien of this deed se.:ures and shall continue to secure payment of said indebtedness ar indebted- ncss, however eviJenced, whether by said promissor~• note or an~• renewal or extens~on there~[ or substitute there- for, or otherw~se, until all such indebtedne~~ shaii have been luli~ paid. 7. /n the~ ~.~t•nr rhe mo~tRaRo?s sell, com•ey o? tronsfer fhe mo~lRaged premises during the fi(e oJ fhis rno~t- k~ure. then ~hi. mort~a.qe shal!_ at !he optinn n/ the .ltort~a,qee he:e:h. become ~mmediotely due a~d payahle Jor thr futt sum o( thr p?mcipal balance und interest then due. R. The tertns "~torlgagor" and "~Mrtgagee" v?henever used in this insitument shail include the heirs, per~onal represeatatives, successors and assigns of the respective patties hereto. Wherever used the singular number shall incfude the plural and the plural the singular, and the use of any gender shall include al! genders. i ned, se el ere i the sence of: ~ (Seal) " , . CIJc~,c, - s.~.. L fu^-~-+.~~ ~ (Seal) . Q/I . ~ STATE OF FLORInA I 1S C(1~NTY OF ~ eeCo7'e`~e ~y~~n y appeared J. ~~J. OWEt~S and r;..~.RY I~QLj C'~JE:~S~ his wlfe ; to me well known and known to me to be the individua{s described in and who executed the foregoing instru~;ent, and acknowledged before me that Ihey eaecuted the same for the purposes therein e~pressed. WITNFS~ mv hand and off~cial seal in the County and State last aforesaid this 1?jtrl D'as of Deeember, 1~}~i9. . ,ti; ei: . ~ . rILED AP1tD R~~CORDED JLiriC ~0 19'71 Notary Publ~c, State of r~~ " C " ~1y (~'fn"~~~L~ .','~t7':~'~`~~r. ~ • ~ ^ •G~-. - - - 1~ i ~1. i " - . , , !69 r~r z3 P;r~ : y8 ~ + -.i1tT1"..5 ~ ~ k r i c~e?.~ cc~cuiT r,oURT ,B~~K~~ :~e~~~~ _ - _ ; .