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Home My WebLink About2757 ~ our t1~A 5-39,25? tR?s a~at~~~e or o~her tnnafer ot t~tle to ?he mo?qa~ed poperty ~n eatinswshment of tAe ~ndestcdncfs secwed l+e~sby, all n~ni. hUe and intac~t ot IAe l~lat~~{or ~n ~nd to any ?nsui~nce pol~cies tAen in fwce shall pass to ~he purchaser ~rao~ee. (A) To perfam, canply vri~A •nd apide by each and every tAe at~pul~tions, ttreemenu, conditions and covenan~c ~n .a~d prumi..~~~y notc ~nd in ~A~y deed set fortA, (i) 'i~N any o( said swas o( ewney hernn re(e~rcd to pe not prumpily ~nd (u1{y p~~d witAm idtcen d~y. n.•~~ ~I~ri ~~f .eversllv lecoiwes due and payable, or if escA and eve~y the stipulaUons, ~~tetments, ~w,J~uons aeHf covenants ol .~~J promn- say note and this deed, or e~tht~, ~re no1 tully performed. compl~ed vith and abided ~y. the ~~id a~{~t~ste sum ment~nnrJ ~n .a~d promissay note slull becoeee due and pay~ble tathritb a thereafter at the opt~on ot ~he Mor~iasee ss fully and complrtelY said a~{repte swa of s~id pranissory note ws a~~inally sup~l~~ed to Se paid on wcS !ey, anvthin~ in ss~d promusory n.ue or hercm to the ca?truy notr~tAstand~rta. 71ut ia orde~ to accelerate tAe maturity o( the mdebtedness Aereby secured, because ot the failure of the \tort~a~o~ t~. pa~~ +nY ~aa, assess~aent, Ga~ility, oblis~tion or encumbrance upon s~~d property, as herein provided~ ~t sA~11 not be oeces.ary .x reqwc~te that ~hr ~ mor~~a~ee sl~all fi~a~ pay tAe same. ~ 2. The hlortgagee may, at his option, and without waiving his right to acceletate the indebtedness hereby ~ securcd and tu foreclose the same. pay either betore ot after delinquency any or all of those certain obl,igation~ required by the terms hereof to be paid by the Mortgagot for the protection of the mortgage securit~ or for the col- lection of the indebtedness hereby secured. All sums so advanced ot paid by the ~+lortgagee shall be charged into the mottgage account and become an integral part thereof, subject in all respects to the termt, cotn~itiuns, and , covenants of the aforesaid promissoty note, and this mottgage, as fufly and to the same extent as though a part of the orisinal indebted~ess evidenced by said note and secured by this mortgage. excepting however, that aaiJ sums shall be repaid the Mort~agee forthwith upon its demand and be in addition to the regular monthly in~tall- ments provided by the mottgage note. 3. That the abstract or absuacts of title covering the mortgaged property shall at all times. during the life of this mortgage, remain in possession of the Mottgagee and in eve~t of Ihe (oreclosure of this mortgage or other trans[er af titlc to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title and interest of the !1lortgagor in and to any such absuacts of title shall pass to the purchaser or grantee. 4. To the eztent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby, the Alortgagee is hereby subrogated to the lien or liens and to the righ?s of the owners and holders thereot of each and every mortgage, lien or other incumbrance on the land described herein which i~ paid and/or satis~ied, in whole or in part, out of the proceeds of the loan described herein or secured hereby, and the respective liens of said mortgages, liens or other incumbrancec, shall be and the same and each ot them hereby is preserved and shall pass to and be held by the Alortgagee herein as security for the indebtedness to the !Nortgagee herein described 1 or herebv secured, to ~he same eatent that it would have been preserved and would have been passed to and been ; held by the !1Mrtgagee had it been duly and regularly assigned, transferred, set over, and delivered unto the Mort- ~ gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of ' record, it being the intention of the parties hereto that the same wili be satisfied and cancelled o( record by the holders thereaf at or about the timo of the tecording of this mortgage. 5. In the event tfie ovrnership of the mortgaged premises, or any part thereof, becomes vested in a person other than the !~lortgagor, the 4lortgagee may, without notice to the Mortgagot, deal with such successor or suc- ce~sors in interest with reference to this deed and the debt hereby securcd, in the same mannet as with the ~1ort- gagor without in any way vitiating ot discharging the Alortgagot's liability hereunder or upon the debt heteby secuted. No sale of the ptemises hereby mortgaged and no fotbearance on the part of the !Nortgagee. and no ex- tension of the time for the payment of the debt hereby secured given by the Mortgagee shalt operate to release, discharge, modi[y, change or a[fect the original liability of the Mortgagor herein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ness, however evidenced, whether by said promissory note or any renewal or extension theceof or substitute there- ; for, or otherwise, until all such indebtedness shall have been fully paid. i 7. /n the event the morlgaRors sell, convey or transjer the mortgaged premises during the lije oJ this mort- RaRe• ~hen this mo~tgage shall, at the option oj the ,11ortRagee herein, become immediately due and paya6le jor the ~ Jull sum oj ~he p?incipa! balance vnd interest then due. 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, ; s personal representatives, successors and assigns of the tespective parties hereto. Whetever used the singular e number shall include the plural and the plural the singular, and the use of any gender shall include all genders_ ~ f ; ~ i Si d, sea a 1~ ere in the presence of: (Seal) ~ , ~ iSeal) ~ ~ u.~f ~ ~ STATE OF FLORIDA ~ COUNTY OF~ SS ~ ST. I,UCIT ROBERT B. LESSENE and DTVONZA LESSENE, His Wife ~ ~ Be[ore mc personally appesred ~ to me well known and known to me to be the individuals desctibed in and who executed the foregoing insUument, ~ and acknowledged befote me that they executed the same fot the purposes therein expressed. WITNESS my hand and official seal in the County and State last aforesaid this '7th Da~r of February, 1.9~]~. { ~ ~ FILED AND RECORDED ~=%r': ~ - ' - ST. ~.UCI; COUNTY, FLA. ~~~y - i ~~t"' V~ RIF~ED f ~ ~ . , =s ~fy Commission Expites: J~.~II@ 3Q.~ 1971 Notary Public, State of ~ `'':~r. ~ . 5 y ~ : f ~4 . ; ,~~`T_X ' ~ '70 FEB 13 PM _ -•K. ~ 1898 y ~ : - /(~/~~c l~ - ~ ~ • ' ' - :.:x} s v ~ ';i~" ~ 0~ i P.:,S ~ 1,~•., • .•,';:~•r-.~ w: CLCRK CIftCUfT COURT •'~,`-~.a'.'',,.••.•••:~~`~. . t~< , - ~ _ i~~~~,~+..'~ti ~'~~^t~,• i ~ , , , . . r, . rz BOOK~.82 P~~E2752 ~ ~ - ~ - - ~ ~ _ ~ ~ _ r`=_ 4 w~ r~ ~ ~.c~'~i. ~ .x~ ~ ~Y r~~_~ ~ . 'v . ' ~ u v N -.`r.'1.,`~-~"~~