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Home My WebLink About2191 . our iils 5-19~43z i . i tAes ~ijaie a o~Ae~ ~nnsfe~ uf title to tAe mor~~a~ed property ~n eaun~wshmeot of the ~ndebted~ess ~ecwrd heteby, •11 n~Ai; uUc ~ ~~w! ~ntaesl o( ~he Alo~t~a~vr ~a and to aey ~nswance polici~a then ~n torce sh~ll pass ~o ~Ae purcAaser w~rantce, (A) To pe~(ani, c~reply rrith and abide sy t~cA and every tAe stipulauons, a~recn~ents, coadi~ions •nd co~eeants ~n srid prwnissory no~e ~nd ie N~s deed se~ (orcA. (i 1'iA~t if any o( aaid suma o( ewney here~n ~eferred to be not ptomp~ly and [ulty pa~d ~r~tAin fi(teen days nea~ a(ter the ssse sevsrally becoa?es due ~nd p~Y~ble,a it each aad ever~ Ne s~ipulat~oas, ssreements, cund~t~ons ind covenants o( aa~d ptaa~s- sory note acM th~s deed~ or e~the~, are oot fully pe~tonaed. coa?piieA w~th and ~b~ded by, the ~a~d a{a~e~a~e sum ment~oned in s~id paa~ssay oote sha:i becaae due and payable t«tAwitA a Ihereaf~er ~t the oy?ioa of ~he Matq~ee ~s tully aed completely ss i( tAe ~ said a«re~~te sua ot s~id praaissay note Was on~~nally atipulsted to be psid on such d~Y. ~~Y~int ie s~id praaiasory note a herein to tht coeh~ry not~rithst~edin~. V 1 Tha~ ie order ~o acceler~ie the aw~ur~~y of ~he indebtedeess Aereby secured. Decause of Ne f~ilure o( ~Ae Mat~aj~x ro pay sny taa, as~essment, l~ability, d+l~astion or encumbrance upon s~~d property, ~s Aerem p~o~~ded, it shall not be aeces~ary or ~eqwsite that ~he mottja~ee shsll ti~s1 pay tAe same. i 2. The 1~lortgagee may. at his optio~. and without waivina his right to accelerate the indcbtcdness hereby secured and to fo~eclose the same, pey either before ar after delinquency any or all of thos~ certain obligations ~equired by the terms hereof to be paid by the Mort~asor for the protectian o~ tht mortgase security or tor the col- tection of the indebtedness hereby secured. All sums so advanced or paid by the Mo~t`a`ee shall be cha~~ed into the mortgage account and become an inteacal put tii:.reo[, subject in all respects to the terms, conditions, and covenants of the aforesaid promissory note. and this mortgage. as fully and to the same ~extent as thou`h a part of the ori~ieal indebtedness evidenced by said note aed secuted by this mortgage. exceptin` howevet, that said sums shall be repaid the Moctea~ee fotthwith upon its dem~nd and be in addition to the re6ular monthly install- ments provided by the mort`age note. -3.- That tha abstracl rr sbsuacts ottiUe covsri~ the mott~aged proQetty__ahall at all times. durin~ the life _ _ _ of this mortgage, remain in possession o[ the Mortgasee and in event of the foreclosuce of this mon~aae or other transier of title to the mort~aged pcoperty in extin6uishment o[ the indebtedness secured hereby. alt ritht, title and interest of the Moctgagor in and to any such absuacts of title shalt pas~ to the purchaser ot grantee: ~t. To the extent of the indebtedness of the Mortgagor to the A~lort6agce described herein ot sccured heteby. the Startgagte is hereby subcogated to the lien or liens and to the rights of the owners and holders there0f of each and overy mortgage, lien or other incumbrance on the land desctibed herein which is paid and/or satis~ed. in whole or in part, out of the proceeds of the loan described herein or secuted heteby. and the respective liens of - said mortgages, liens or othet incumbrances, shall be and the same and each of them heteby is presetved aed shatl pass to and be htld by the Mortgagee herein as security for the indebtedness to the Mortgagee 6erein described or heteby secured, to the same extent that it would have becn preserved and would have been passed to apd been held by ihe !1Mrigagee had it beeo duly and rtgululy assigned, transferred, set ovet. and delivered unto the Mort- gagee by sepa~ate deed of assignment. notwithstandin6 the fact that the same may be satisfied and cancelled of record, it bein~ the intentiun of the puties hereto that the same will b~ satis[ied and cancelled of record by the holders thereof at or ahout the time of the recardie` of this mortgage. ~ S. In the event the ownership of the mortgaged premises. or any patt thereof. becomes vested in a person other than the !~lortgagor, the ;Nortgagee may, without notice to the Mortgagor, desl with such successor or suc- cessors in iaterest w•ith reference to this deed and tht dcbt hereby sccured. in the same manner as with the Mort- gagor withouc in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the ptemises hereby mortgaged and no forbeatance on the part ot the Mortgaaee. and no ex- E tension o[ the time for the payment of the debt hereby securcd given by the Mortgaget shal! operate to relesse. discharge, modify, chartge or af[ect the original liability of the Mortgaaor herein either in whole ~r in pact. 6. The lien ot this deed secutes and shall continue to secure payment of said indebtedness ot indebted- ~ess, how~ever evidenced, wheth~r by said promissory note or any-renewal or extension therec?f or substitute there- for, or otherwise. u~til al! such indebtedness shall have been fully paid. 7. ln the e~•ent the ~nortgagors sell, convey or transjer Ihe mortgaged prenrises during the lije oj this nro~t- RaRe. then this morl~aRe shall, at the aption oJ the AlorlgQgee herein. 6econie inu»ediotely due and payable jar fhe Jul! sum oJ the p,incipal bolance and interest then due. 8. The terms "Mortga~or" and "Mortgaget" whenever used in this instrument shall include the heirs, personal representatives, suecessors and assigns of the respective parties hereto Nherever used the singular ~ number shall include the plural and thc plurat the singutar, and the use of any gender shal! include all genders. ~ ' Si d. seale n ve in the presence of: L~~~-~'d,~/~ A-.~-O~~t~` ; tSea1) ~ ~ ' E1LE0 AND -RECQiiII~: ; ST. L.UCIE COUNTY. FLA: (Seal) ~ ~.91549 ~ ~ ~ E STATE OF F1.ORIDA I ~TO NAR Zs PN SZ I ; COUNTY Oh~49~E ~ 'S -~•hc ~ sT• ~C~ GER a0l7RAS 0 Before me persona{ly appeared ODE$SA HEND~~~~C~~1~8~~d wOmetri : - te +~e w~il ~Cno~a-andJcno~rn _to_ me_to he tho individwls described ie and who executed the fore6oin~ instrument. ± , ~ and acknowledged before rne that tbey executed ihe same for the purpoaes therein expreased. WITNE~S my hand ~ and official seal in the County and State last aforesaid this '~Lb D~I of Mareh 19`l~ ` ~ , ~ ~ . ~ty Ccxnmission Expires: °~e 3~~ i9?1 Notary Public, State of F~~ ~ ~ - = - `:~2 r . i~11.~ :~;-:fi,~ Y. ~"t ~ ~ . ii~{ ~ `~y^ % j •r~ . s :y'.. •i % ' :"'~s`r.~ , ~ :,r3~;~~: i - ~ ~i s. ~i• - '~i . • ~ ~~ii ~ , • 7.f;'` . ~ ~ 4 i~. . ~~~r,~~i~ 11~t.yS~,. ~ so~K1~3 ~~2~.89 - : ~ t~:Y - : ~ ~ = ~ ~ ~ x - ~ ~ - -~'`~c ~ti. ~`~'Y'.~,r ~ - . _