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Home My WebLink About2828 , Our f ile 5-19, 510 th~a mort~ase w u~Arr transter o( htlr tu the mott~ased ptoperty ~n tat~n~wsAmeni ul the ~ndeblcdnc+> .t.urcd hcrehy, ,,U n~he, tiUc rnJ ~merrst o( the Mori~a~w ~n ~nd to any mrw~n~e pulic~es thte m fotte sA~ll pssa to 1ht purchaser a`~~n~ee. (h) Tu per(am, c~rnply with and abidt by each and everY tAe at~pulahons, a~~eements, coodiUons -*:a co~'en~nts in ~ald prumncory nuie and m tA~a derJ set (orth. (il That d sny of sa~d sums u( money Qerem retrr~ed to be not promp~ly and Iu11Y D~~~ ~~~h~n i~(~rrn days nc~t ~I~r~ the ssmt sererailY ~comes Jue ~nd psYable.~x ~f eacA and every tAe supul~uons, ~ereements, condiuon. and covenanta u( .a~J prum~,- sory note and th~s deed, w either, are not tully perf«med, complied w•ith a~d ab~ded by, the .a~d ag~tt~a~e sum ment~oncd in ~~~d pran~asay nute ahall becoae due and payable (ortAr•~th or the~ea(ter at tAe option ot the Mwtsa~re as (ully ~nd completcl~ ac if the sa~d a~~repte swe o( sa~d prae~ssay aote was on~~nally shpul~ted to be p~id on sucA dry, anythm~ in s~~d prom~ssotS nott ur here~n to the contruy notWithsund~n~. V 1 That ~n order to accelerate tAe matunty of the indebtedness heteby secured, because oI the (a~lure ot tAe ~I«t~a~or to pa~ any ua. as~e~sment, I~abilily, obl~sation w encumbrance upw~ sa~d property, as herein provided, ~t shal) not be necr~~ary ix reawsi~e that the mort~a~ee shall first pay the ssme. ~ 2. The Abttgagee may, at his option. and without waiving his tight to accelerate the indebtedness hereby ~ secured and tu [oreclose the same, pay either be[ore or a[ter delinquency any or all of those certain obligatians E required by the terms hereo! to be paid~y the Mortgagor for the protection of the mortgage security or for the col- { lectiun of the indebttdness heteby secured. All sums so advanced or paid by the Morigagee shall be charged into the mottgage account anJ become an integral part thereof, subject in sil respects to the term~, conditions, a~d covenants of the aCoresaid promissocy note. and this mortgage. as fully and to the same extent as though a patt ~ of the original indebtedness evidenced by said note and secur~d by this mortgage. excepting however, that said • sums shall be tepaid the IuMrtgagee fotthwith upon its demand and be in addition to the regulaz monthly instalt- ~ ments provided by the mortgage note. _ 3. That the abstract or abstracts o[ title covering the mortgaged property shall at alt times, during the life ~ of this mortgage, remain in possession ot the Mortgagee and in event of the foreclosure o[ this mortgage or other ; transfe~ of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right. title ~ and interest oi the Mortgagor in and to any such abstracts of title shall pass to the purchaser or grantee. ` 4. To the extent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby, ~ the Rlortgagee is hereby subrogated to the lien or liens and to the rights Qf the owners and holders thereof of each ~ and every mortgage, lien or other incumbrance on the land described herein which is paid and;'or satisfied, in ; whole or in part, out of the proceeds of tho loan described herein or secured heceby. and the respective liens of ~ said mortgages, liens or other incumbrances, shall be and the same and each of them heteby is preserved and shail ~ pass to and be held by the Mortgagee herein as security for the indebtedness to the 1~iortgagee herein described ~ or hereby secuted, to the same extent that it would have been preserved and would have been passed to and been ~ held by the !1lartgagee 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 heteto that the same will be satisCied and cancelled ot record by the holders thereof at or about the time of the recordina ot this mortgage. 5. Jn the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person othet thafi the Mortgagor, the Mortgagee may, without notica to the Mottgagor, deal with such successor or suc- cessors in interest with reference to this deed and the debt her~by secured, in the same manner as virith the Mort- gagor w~ithout 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 forbearance on the patt of the Mortgagee. and no ex- ~ tension of the time for the payment of the debt hereby s~cured given by the Mortgagee shall operate to release, ~ ~ discharge. modify, change or affect the original liability of the Mortgagor herein either in whole or in part. ~ ~ 6. The tien 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 thereof or substitute there- ~ ~ for, or otherwise, until all such indebtedness shall have been fully paid. ' ~ 7. /n the e~ent lhe mortgagors sell, convey or trnnsjer 16e mortgaged premises during !he lije oJ tbis rno~t- ~ ~ gage, ~hen this mortgage shall, at rhe option oj the Afortgagee herein, become immediately due and payable jor the ~ t ju![ sum oJ Ihe p~incipal ba/ance and interest then due. ; ~ 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heits, ~ personal representatives, successors and assigns of the tespective patties hereto. W~herever used the singular number shall include the plural and the plural the singular, and the use of any gender shall include al! genders_ S~ d. sea e v d in the presence of: C/. (Seaq ~ _ ~J~~~:~~,./ ~i~~ S~al) ~ / ~ __..J ~ ~ ~ ~ STATE OF FLORIDA ' ~ COUN~~OF~~Q~ ss 1iU~i Beiore me personally apPeared FREDRICK T. ROBERSON a11d BZLSN M. ROBSRSON~ His Wiie ~ to me well known and known to me to be the individuals desctibed in and who executed the foregoing instrument. and acknowledged before me that they esecuted the same for the purposes therein ez ressed. WITNESS my hand ' and official seal in the County and State last aforesaid this ~+th Day of Aprig 97~ ~ -~~~ii~u:.,, i F ' - ~ ` ~ 1 : . 5 QFTILElO~_At~ND RECOROED~une 0 1 1 ' ' ~7Vf~1 ~B(~tR4S~1~1~~~C~~ y 3~ 97 Notary Public, State of . ` f- ~C~an VF~IF'FO : • . ~ f,, ~ = -o . , ~ . i: '1 ~ . : : : +S~.~~~ ~ ~ ~ '70 APR 9 AM 10 : I 5 = t',''~'~ 19~~ .......z: ~ ~ ~ ~n::._:? + otT~~s ~2 Q~ ~ ~ CL~RK C+RCUIT COURT ~OOK~C7J PAGEzs~ ; y j~$ ~ . 3 _ w• ~ . ~ . ~ . . . _ . .Y . : . _ . ~ .~_',.^-'i,-~