The URL can be used to link to this page

Home My WebLink About1863 . Y our sile 5-1~,215 ' :n:- !!!MtilJ(!! .v ,.~he~ tansfer of uUe to tAr mongagrd poper~y ~n eu~ngui~hmem ut thr ~ndebteJne.. ~ecu~cJ hr~eh~, ,11 n~hi, uUe ,,nd ~mt~e+t uf tht !11url~a~ur ~n and to any ~n.u~ance pol~c~es ~Arn ~n fu~ce shall ps~+ ~o ~he putc~aser ur ~r~n~ec. (R) To prrt~um. .amply +~~th and ab~de by cach and cvery the supulal~uns. a«cements. c.~nd~hon. and co.enants ~n .rid p~umnsor~ u natr .~nd in th~. lecd set forth. ~ ~ That ~t an> o~ .aid sums o~ m.~nc> hrrem rcfrn.J t.~ b. nut prump~lY an~ (ull> pa~d .~fhm ~u~rcn d.~>, nr~~ atcri ~hr s~me sevrrally be.omes due and payaAlt,ur if each and ever~ lhe shpuhtwns, agreemrnts, cond~~w~+ and co~rnanu ot .a~d ptwn~.- .,~n notc end tMs deed, or tuher, arc not fullr ptrlnrmrJ, .~~mpl~rd +?uh and ah~drd Ay, the .o~J a~tgrtRa~r ~um mrmn~nrd ,n .a~d p:.~m~.sor> nute ~hrli becuene dur and pa)'aAle forthw~th ix ~hereaftrr at the opuon o( ~he \1on~a~ee as tully and completely a~ d ~ho .a~d at~re~ate sum ot saiJ promissap note ~as un~~na11Y supula~rd w be pa~d on such d~Y. an~thm~ ~n said p~om~ssury notc or here~n '~j t.~ thr conuar~ notyitAstandm~. • Th;,t :n ~•~Jer to r..elerati ~he mawr~tp u( the indrbtedne.. hereAy .etu:cd, ~tcauce of thr fa~lure of the V~~r'~eaEur pa~' ~m' t.~~, ,•.e~~meat, lub~l~t~. obli6auon ~x rn.wnbr~nce up~~n sa~d p~~~~r~~), a. here~n pru~~drd. u.h~ll not be ne.r...u~ .K ~a~w>ur !hrt ~Ar ~+.,•cK.:~: c.h~ll fust p~y the samr. ~i~h~ ~lurtgagee may, at his option, anc~ without Nai~ing h~s right to accelerate the indebtedne~. hereb> ~ scrur~d and tu foreclose the same, pay either before or after delinquency any or all of those certain obligatiuns r~y?~~r~J h. thc terms hereof to he ~aiJ b~• the \lortgagar for the ptotection of the mortgage securit>• ~r for th~ c~~l- le.n~~n uf tht indebtedness h~reby secured. Ail cums sa advanced or paid by the Mortgagee shall be charged mto ; thc mortgage account and becamr an integral part thereof, subject in a!1 tespects to the term~, conJitionx, anJ ~~~~cnant~ uf the aforesaid prumissort~ note. and this mortgage, as fully and to the same extent as though a part ~ ~~f thc orig~nal ~ndebtednes~ rvidenced by said note and securcd by this mcirtgage, excepting how~ever, that ~aid - .un~. .hall br repaid the \lortgagee forthN~ith upon its demand and be in addition ta the regular monthly ~nxt~ll- men~c provided by the mottgage note. 3. That th: ahstract ~~r abstracls of tiUe cove~ing the m~~rtgaged pm, erty shatl at all times, during the lif~ 3 ~~f ~his m~?r~gage. remain in pos.ession of the ~tortgagee and in event of the foreclosure of this mortgage or ~~ther ~ tr..n.ltr of titl~ tn the mortgagrd property in extinguishment o( the indebtedness secured hereby, all tight, title 1 anJ ~ntrrest uf the \tortgagur ~n anJ to any such abstracts uC title shall pass to the purchaser or grantee. ~3. T~~ the exten~ of the ~ndebted~ess of the Mortgagor ta the \1~~rtgagee described herein or secured hereb}•, ih~ \k•rtgagee „ herrby subrogatcJ to the lien or lions and t~~ the rights of the oWners and holders thereof of each and r~~ery m~rlgagr. lirn ~~r ~~!her incumbrance on the land described herein which is paid and'or satisfied, in N~1~~IC ur ~n part. ~~ut ~+f thr proceeds of the loan described herein or secured hereby, and the respect~ve liens of .a~.l mortgages, liens or other incumbrances, shall be and the same and each of them hereby ~s presetved and shall pa~. t~~ and hr hzld b~~ thc ~1~~rtgagee hrrein as s~curit~• for the indebtedness to the ~lortgagee herein described or h~reby secur~d, t.~ the sam~ ~xtent that it ~ould ha~e heen preserved and would ha~~e been passed to and been ; held by the ~1~~rtgagee had it been duly and regularly assigned, transfrrred, set over, and delivered unto the ~tort- - ~ager h~• se~aratr J~ed „f a.signment, nutwithstanding the fact that the same may be satisfied and cancelled of rec~~rd, ~t be~ng the intenuon uf the part~es hereto that the same will be satisfied and cancelled of record by the h~~ldcr~ there~~'' at ~~r about the ~ime uf the rec~~rd~ng of this mortgage. 5. In the ecent the o~~nership of the rrx~rtgaged premises, or an}• part thereaf, becomes vested in a person ~~ther than the ~1•~rtgag~~r, the \lortgagee may, without notice to the ~lortgagot, deal with such successor or sur ce~sors in interes~ w~ith reference to this deed and the debt heteby secured, in the same manner as with the \tort- gagor w~ithout in aiy way vitiating or discharging the 1~lortgagor's liabiliry hereunder or upon the debt hereb}• secured. 1~~ sale ~~f the premisr~ hereb}~ murtgaged and no forbearanee on the part of the ~lortgager, and no ex- tension of the time fo• the payment of the debt hereby secured given by the Nortgagee shall operate to release, discharge, modify, change or affect the original liability of the \lortgagor herein either in whole or in part. b. The i~en :!::c, deed secures and shall cnntinue tu secure payment of said indebtednes. or indebted- ness, however evidenced, whethrr b~• said promi,soty nate ot any rene`' ~a~l~, ~r e~xtens o e for, ur otherwi~e, until all such indebtedness shall ha~•e bee~Il~p1i~'*~"" ~ fi~~~wJ ~ 7. In th.~ e~~en1 the menlAaRo?s seU. conve?• or transJ~t~~ir~~pqa~~.'AI~ ~i ~h~~t~~6~1ir~~ ~ ~a~e~. then lhr~ mo?tRaRe shafl, a~ thc~ oplion of the .tfor~~u~qee her n be e ~~~~~~~n~~14~ I tull sum of thr ~r~ncipal twlanc-e and enterest lhe~n due. i3~~~~~ ~f~ a~ ~ ~ X. The tetms "\Mrtgagur" and "\lortgagee" ••hrne~-~~Mlt~i~fll~r~n~h~~f#CI~ if-ie -6eirs. 3 f petsnnal representatives, successors and assigns af the res~i~ ~i~ Wherever used the singular ~ numher shall include the plural and the plural the singular, a e use o any gen et shall include all genders. i Sig eJ, sealeJ J red the presen~e of: (Seall ny~ / _ lSeal) C~2.~~ ~ STATE OF FLORIDA, I ~ ~ ~ COLNTY OF ~ ` ST. LUCIE EZRA BOYD and IDA M. BOYD Hie Wife ~ Before me personally appeared • ~ ~ t~ me wel) known and known to me to be the individuals desctibed in and who executed the foregoing insttument. ' and acknowledged before me that they ezecuted the same for~~purp~~ases tOhe~ei~~ ressed. 1Y~'TNF.S~ m}~ hand and ~~fficial seal in the C'ounty ar.d State last aforecaid this n L~ t ly~~~ ~ ; ~ ~ ~ FI! ED AND r~ECOROED - . , j ~ ~;.r ,..~~~;T~, F! ~Juae 30, 19?l Florid~~ ee$-: •gg,.' : s ~:~ty ~:~~~imid.~an.~icp~ies: Notarp Publ~c. State of ; . ' ' JI~ ~ - : - . 7 _ ~ = N ~ ~G _ ~ '7~ FEB 2 PM 2 : Os ,~_r ' _ ~ . . :i ~.8908'7 ` ~ ' ~ . ~ . ~ , ' • , - ~ C~ -F?!'. ;~i~C~iT~COURT , :.,,,.,..,i•.~~.;•.`',~, ~ ` Bo~K 1~2 ~~~E ~~59 ~ ~ ~ _r ~ ~ ~ ~s_ ~ E_ = ~ a_ x~ ~