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Home My WebLink About1240 . . . . . . ' Our Yile 5-19,600 this ~atN~~ a~ o~Asr u~a~(~~ o( titl~ to tbs ~.«~~.j.a ~roo.«r i. .~~i.s~+sa.eo~ ot u~. ~aa~e~a~e...e~~~a n«<er, ~11 ~~~A~,- ~itle and iatH~st of M~ Nat~or is and to ~nr iasw~ece oolicie~ tAta i~ (orct shall p~ss to tM ~wdase~ a Naniee. « (U To OtH«w~ co~sPly witM snd abide by e~cA ~ad ev~rY tA~ stiprl~tioni. ~{resmeaes:'coad~t~ons ~nd covenan~~ ~n a~id prwn~...Ky uott ~ad is 1Ais deed se1 tath. (i) TA~t it ~ey of s~id ~wss of money herein referted to be aat p~omptlY ~ad fully paid ~~thin ti(tern dry. nt~t o1~er tAe aass seru~llY ~coMS due aad oay~sle.a~ it eacA ~ad ~vt~y tAe s~ipul~tioas, a~teesents. conditions aad covcnsnta o( ~a„f proa~~• ( say aote and Wis deed. o~ eitAsr. ~te aot fu11lr pc~tor~ed. cosplied ~ritA sed abided sY, !he s~~d ~{~re~a~t sus eent~oneJ m.a~d f pos~uay aote a4a11 pecowe due and paYable (atbrilA a tAereitter •t tAe optiou of tbe Mori~~~ee ~i tu11Y and carple~elY a~c ~t ihc ~ s~id a~re~~te sur ot ~~id promissaY nota ras o~ia~nally stipul~ted to be psid aa aucA d~Y. aeytain~ ie :a~3 ytosisaory eote ~x Aere~n to tbe costruY uutvitMt~ndin~. (j 1 11?at ia order to sceeter~te the aturity ot tAe indebtedness h~rebY aacurcd. bec~use of the ta~lu~a of the Mo~~~~<<x a~ pay any ~aa, ssse~~weat. li~bility. oblisation a encwe~aece u~oa said proper~y. as herein p~ovided, il shall no1 be atrecaarY w repu~s~te l~at tAr mort~a~ee sAall firs~ ay the saaAe. 2. The hMrt`agee may. at his option. and without waivins his ti`ht to accelerate the indebtedness hereb~~ secured and to foreclo:e the same. pay either be[ore ot ~[ter delinquency any or all of those cettain obli~ati~ns required by the terma hereof to be paid by the Mortsator for the protectia? of the mortaase security or for the col- lection of the indebtedness herehy secuted. All sums so advanced or paid by the Mort~asee shall be charged into the mortgage account and become an inte~ral part thereof. subject in all respecta to the term~. conditions. sod covenants of the aforesaid promissory note, and this moryase. as fully and' to the same extent as thou`h a part of the ori~inal iadebtedness evidenced by said note u?d secured by this mort`a~e, exceptina hovrevet. that said sums ahall be repaid the Matsa~ee torthwilh upon its demand and ~e in addition to the re~ular munthly install- ments provided by the mort~a~e note. 3. That the abstract or sbstracts of title coverins the mottsyed ptopetty shall at all times, durin~ the li[e of this mottgaae, remain in possession o~ the Mat~a`ee and in eveat of the fonclosure ot thia mort~a~e or athet transfer of title to the mort`ased ptoperty in extin~uishment of tlu indebtedness secured hcreby, sll rieht, title and interest of th~ Mortsa=or in and to any such abtuacts of title shall pass to the purchaser or srantee. 4. To the extent oi ?he indebtednets of the Mort~a~or to the Moc1`a=ee described herein or secured hareby. the Mortgaaee is hereby subro~ated to the lien or liens and to the rishts of the owners and holders thereof of each and every mort`age, lien or other incumbcance on the isnd described herein rvhich is paid and/or satisCFd. in whole or in pan. out of the proceeds of the loan desaibed herein or secwed hereby. and the respective liens of said mortaaaea, liens or other iacumbtances. shalt be and the same and each of t1?em hereby is preserved and shall pass to and be hald by the Mortsasee herein as security for the indebtedness to the Mortgagee herein desctibed or heraby secured. to the same extent that it would have been preserved and would bave been passed Io and bcen held by the MortEagee had it been duly and re~ululy assisned. transferred, sat over. ar~d delivered uato the Mon- gaaee by separate deed of assi6nment. notwithstanding the fact that the same may be satisfied and cancelled of recad. it beina the intention of the parties hereto that the same will be satisfed and caacelled of record by the holders thereof at or about the time of the recordin~ of this moct~a6e. S. ln the event the owaetship of the mort`ased ptemisea, ~ any put thaeof. becanes vested in a person other than the Mortgaaor, the Mortea~ee may, without notice to the Mottsaaa, deat with such successor or suc- cessors in interest with reference to this deed and the debt hereby secnred, in the caiae manner as with the Mart- ~adot without in any way vitiatin~ or diachu`in~ the Mortsssor's liability harcunder or upon the debt hereby secured. No sale ot the premises hereby motisaaed and no forbeuance on the put of the Mortsasee. and ~o ex- , tension of the time for the payment of the debt hereby secnred `iven by the Mortsasee ahall operate to release, dischar~e. modify, chan6e or affect the o~iginal liability of the Mortgagor herein either in whole or in put. 6. The lien of this deed secptes and shsll cantiaue to secure payment of said indebtedness or indebted- nass. however evidenced, whether b~ said promissoty note ot aAy renewal ot extension thereof or substitute there- for. ot otherwise. until all suc6 indebtedness shatl have been fully paid. 7. !n the event the mortgagors sell, convey or transJer the ~nor~gaged preniises during the lije o/ this ?nort- ~ gage, then this mortgQge shaJl, at the option oJ tbe Mortgagee he~ein, 6ecome ieunediately due ar~d-payable Jor the _ f jull sunr oj the principat balance and interest then due. 8. The tem~s "Mort~asor" and "Mattaagee" whenever used in this iasttument shall include the heirs, persoos! representatives. successora and assi6ns of the respeciive parties hereto. Wherever used the singular numbcr shall include the plural and the plural Ihe singular, and the use of aay sender shall include sll genders. r Si6 d, seal ve in the prese (~a~) L ~~.r , (Seal) ~ STATE OF FLORIDA ~ COUNTY OF D,~ ss Be`~e a~IIpeCrso~`nally appeued IJ. Y. 60DWI~T a~Ld BRANCSB: U1. GODtiiIN~ h1~ W3.f• to me weU knowm snd knowa to me to be tbe individu,is;desctibsd ie aad w~o cYecutod the fornoin* isstrornent. and acknowled=ad before me that they eaecuted the same [or ti~e putposa~ theroin ex~essed. NITN~ my,hand and of~icial seal in the County and Sute last aforesaid t6is ~jt~l ~ OZ ~ 19 = ~,•y~ . . ~ Fi~.EO aNO RECOROFO _ _ ` 5T. LUCIE COUNTY. FL . r!~ f'~,•;~;~~ : ~ ti~ . t~~.CtTt?[~ ~=r~IFtEd • ~ • ~ ?2j~~ f1r~~: . ~ - . ~.`~~_.rl~~. JLtII~ 30 1 State of Flor S.; - 1Ay Commis~ion Expires:` Notary Public, - '70 ~~~1 • - ~ sy, 'b~ti' '`y~i•-j'~= 1sa~4S' :`7'•:, c bls. _ r,~,~,.'~:-" R r O1TR?iJ / • • CLERK CiRCUIT COURT . s ''~•r•~~,.t , eoo~c~.8~ ~ ~ n~; k; ~ - - - - .