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Home My WebLink About2155 . ~ . ~ . ' . Our file 5-19,698 th~s mwt~a~e ix u~he~ tnnater o( litlc to ~Ae mort~ased prope~tY in eatm~u~shment u1 the ~ndebtedness secu+ed hercby, aU t~~ht, utle aml ~~~erest o( the Aiort~asa ~n and to any inswance polic~es thee in twce shall pasa to the putch~ser a~rantee. (h) Tu pe~tam, cumD~Y ~r~tl~ ~nd ab~de by each and every tAe supulat~ons, a~reements, conditioes and covenants ~n sa~d p?om~cswy nute anJ m ~h~s derJ se~ fortA. (i l That i( sny uf aaid sums o( nuney hercm referrrd to be not praaptlY and (ulty pa~d w~th~o (~(~een days neat a(~e~ the same severslly Secomes due and paYable,or i! each and eve~y the stipulations, a~~eements, conduions aod covenants o( said pnxn~s- sory note and tA~s deed, or either, ue not tully per(ormed, caaplied With and ab~ded by, ~he .a~d aure~a~e sum menuoned m ca~d promiasay note sdall becaee due anJ payable fwtA~ritA or the~eatter at the option o( the Mort~a~ee •s (ully aed complete{y as it the va~d a~sre~Rtt sum of s~id ptotoisso~y aote Was on~mally stipulated to be paid on sucA daY. sny:hin~ in said promissory note or herem tu the contrary notrithsUnd~n~. ) That ~o order to acctleeate the matunty of the indebtedness heceby secured, because o~ the tulure of the Mo~t~aso~ to pay ~ny taa, : as.ess~eent, I~ability, oblisation or encumbrsnee upon s~id property, as herein provided, it shal) not be neces~a~y or ~equ~site that U?e ; t mortsa~ee shall f~rst pay the same. ' 2. The Mortgagee may, at his optio~. and without waiving his tight to accelerate the indebtedness hereby ~ secured and to foreciose the same, pay either before or a[ter delinquency any or all of those certain obligations ~ required by the terms hereof to be paid by the Mortgagor tor the protection of the mortgage security or [ot the col- ~ lectiun of the indebtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into ~ the mortgage account anJ become an integral patt thereof. subject in all tespects to the terms. conditions, and i covenants of the aforesaid promissory note, and this mortgage, as fully and io the same estent as though a part of the originai indebtedness evidenced by said note and secured by this mortgage. exceptina however. that said ~ _ sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the regulat monthly install- ~ ments provided by the mortgage note. 3. That the absuact or abstracts o[ title covering the mortgaged pmperty shall at all times, during the life of this mortgage. remain in possession of the Mortgagee and in event of the foreclosure of this mortga6e or other transfer of title to the mortgaged propetty in extinguishment of the iadebtedness secured hereby. all right. title ~ and interest of the Mortgagor in and to any such abstracts of title shall pass to the purchaser or grantae. 4. To the extent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby. the hlortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holdets 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 the loan described herein ot secured heteby, and the resPective (iens of , said murtgages. (iens or other incwnbrances, shali be and ihe same and each of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security Cor the indebtedness to the Mortgagee herein described on c~reby secured, to the same extent that it would hav~ boen preserved aad would have been passed to and been held by the Mortgagee had it been duly and regulazly 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 will be satisfied and cancelied of record by the ~ holders thereof at or about ihe time of the recording ot this mortgage. • ~ ~ 5. In the event the ownership of the mortgaged pre~nises, or any part thereof. becomes vested in a person ~ other than the Alortgagor, the Mortgagee may, without notice to the Mortgagor. deal with such successor or suc- cessors i~ interest with reference to tl~is deed and the debt hereby secured, in the same manner as with the Mort- gagor v?•ithout in any way vitiating ot discharging the Mortgagot's liability hereunder or upon the debt hereby _ ~ secured. No sale of the premises hereby mortgaged and no forbearance on tht part of the Mort6agee, and no ex- tension of the time Cor the payment of the debt hereby secured given by the Mortgagee shall operate to release. ; discharge, modify. change or affect the original liability of the Mortgagot 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 eatension thereof or substitute there- for, or otherwise, until all such indebtedness shall have been fully paid. 7. /n ~he event the mortgagors sell, convey or hansfer the mo~tgaged pre~nises during 1he liJe oJ this inort- gage, then this mortgage shaU, at the op~ion oj the b(ortgagee herein, become immediately due and payable jor the ju![ sum of the principal balance and interest then due. : ~ 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs. personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular number shall include the plural and the plural the singular, and use of any gcnder shall inclnde all genders. . Sig sealed d v d the presence of: (Seal) ~ ~D u.~,t. Q%CJr~vs~, (Seal) i / ~ 9 STATE OF FLORIDA ~ COUN SQF ~ Ss 1' . . Before m~personally appeared ~ SANDLIN and LOVIE SANDI,IN, h18 1~/fte f to me well known and known to me to be the individuals described in and who executed the fweEoing instrument. i and acknowledged before me that they executed the same for the purposes therein eapressed. ~NITNESS my hand and official seal in the ~~b ~~t~~t~~~said this 9th D~p oY M~y, 1970 ST. LJCI~ .:QU'JTY. ~Lt ~ ~ - . ~ _ - . . - - - _ . . ~ i~~~~~;. _ k b'3~~ / ' . \ n /t ~ ~ l:'~s'~-_ 'j .F~~~~ ~ ri - - ~1y Canmission Eap~tEs. ~~•~2 Not~~tp~~t~£ g ; w ~ j~ i ~ ~ • ' ' ' . S'I. LUCIE C4U1J7Y. ~~.a. ~ ~ 7~ I~ r ~ • i ~ ~ OCCUMEP i^s?~~ :,_~nRn V~ci~:lr[) ; ~y h,~.. , ~ Z _ . ; ~:~-~i= ~ .t ~ ~ L - i.. r - ~ = n~r2i~~o f=, 1936~ ~ ~ :,._i.;. ~~o~~;~.: - o _ , ^ , 7 ~ . ~ • , ~~A q/~~J Q q , G-.-. . N U CO?4 ~ ~ ~ ~ ( !Y1 ~ ' i °L ~ PTROLIER~'~~--.~ _ ~TO 1'U'lY G N • L '~I~~ -~t%. PS.190139 _~i _ ~ ~ ,~~~~~~n~m•N~a'•~" ~ 0 R ~ ~~.1~+ ~ -t~ItR;S - BOQX~ CL~r~K CtRCUI~ COURT ~a ~ 3t,. _ _ 4 . ~ _ . , . . . . .~..c___.~