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Home My WebLink About2695 Our f ile 5-~0, 518 ~lu. m~u~p~~c ur utAer uans(e~ ot utk w Ihe mor~~~~ed pope~~y ~n eiun~wsAmem the ~edes~:dnca~c secu~ed hero~y, •11 n~h~, ~~tle ~nJ ~me~e.t ol ~he Mort~~~w m and to any ~nwr~n.e polu~es ~hen m torct ~A~1) pass to Ihe pwchucr or ~ran~ee. IA1 Tu pe~i~rm, c~rnpiy W~~A •nd aMde Ay eacA and every the ~t~pulat~ons, a~reemenu, cond~t~ons and covcnan~s ~n .~id prom~.sary n,~~e anJ ~n ~A~. dteJ ael tortA. ' l~ 1 TAa~ d any o( .~~d ~ums ol mooey herem ~efrned to bt not ptomptly ~nd lully pa~d ~ruh~n hheee dayr ne*t aue~ U+e ~~me +everally pecanea due ~nd p~Y~hit,~r if eacA and erery the s~~pul~~~ons. ~~reements, conJ~~ions and coven~e~a o( ~a~J promia- -.r~ nott and tl~~s deed, w e~iAe~, are not lully perf~xmed. compl~ed W~tA snd ab~ded Ey, i~e .~~d a«re~Ne sum menuoneJ m a~~d ~xan~.swy nute ahall becaee due artd paY+ble forthr~tA ur tAere~tter •1 lhe opuon ot tht Mor~{a{ee a~ fully and complelely as it the .a~J aj~re~~te swn o( sa~d pran~a.wy note r~s or~~~eal~y ahpul~led to be p~~d m such d~Y. ~nytA~n~ m s~~d proa~~wry no~e or Aere~n tAe con~rary not~~thsl~nd~n~. 1~ 1 T1+.~ ~n order to accNe~au the maw:rty o( tAe mdebte~ness Aeresy secured, ~ec~use o( the la~lurt of tAe Mw~~a~or u+ p~y any ~~a, .~~.e..men~, lub~l?ty, obl~~ation ~x encumbrance upon xud ptoperly, ~s herc~n prov~ded, shall not bt neces.ary a reQwsue ~Aat ~he m.~rfR~~te .Aall firat pay the same. The Nottgagee may, at h~s opt~on, and without wa~ving his r~ght to accelerate the indebtedness heteby .rrured and tu foreclose the .amc, pay eithet befote ot aftet delinquency any or all of those cettein obli~ations rryu~rrd'by thr terms hereof to be paiJ by the Mortgagor fot the ptotection ol' the mortea~e secutity or fot the col- Ir~~i~+n of the indebtedness hereby secured. All sums so advanced or paid by the Mort~a~ee shaii be cfiarged into the mortgage account and become an inte~ral parl thereof. subjecl in all cespects to the terms. conditions, a~d ~~~vrnant~ ut the afcxesa~d prom~ssoty note, and this mortgage. as fully and to the same extent as thou~h a part ~ ~ ~~f the orig~nal ~ndebtedness evidenced by said note and secured by this mort~ase, exceptin~ however. that said .um. ~hall be repaid the Mottgagee forthwith upon its demand and be in addition to the re~ular monthty install- 's mrnt. prov~ded by the mott6age note. 3. That the abstract or abstracts of title coverin~ the mort~aged ptopetty ahall at all times. dutina the life ~.I th~. m~~rigage, remain in ~+c~ssession of the Mort~agee and in event of the foreclosure of this mort~age ot other tran~fer of ~itle to the mort`aged property in extin~uishment of the indebtedness secuted hereby. all ri~ht. title and ~ntetest of the Mortgagor in and to any such abstracts of title shall pass to the purchaser ot ~tantee. 4. To the extent of the indebtedness ot the Mori~agor to the Mort`agee described herein or secured hereby. the ~lortgagee i~ hereby subrogated to the I~en or liens and to the ti~hts of the owners and holdets theteof of each and rvery mc~rtgage, lien or other ~ncumbrance on the land desctibed herein which is paid and/or satiafied, in whole or in part, cwt of the proceeds of the laan described herein or secured hereby. and the respective liens of sa~d mortgages, liens or other ~ncumbrances, shall be and the same and each of them hereby is ptesetved and thall pa+s to and be held by the Mortgagee herein as secutity for the indebtedness to the Mortga`ee herein described ~ ar h~rrby ~rcureJ, to thc sam~ extent that it would have been preserved and would have been passed to ar~d been hrlJ by the Aturtgagee had it been duly and re`ularly assi`ned, transferred, set ovet. and delivered unto the Mort- gagee by ~eparate derd of ass~gnment, notwithstanding the fact that the same may be satisfied and cancelled of record, it be~ng the ~nter~i6^-: ~r ~he narsies hereto that the same will be satisfied and cancelled of recotd by the hulders thereuf at ~~r about the ume of the recording of this mottsada , 5. In thr event the ownership of the mott~ased premises, or any patt theteof, becomes vested in a person ~ther than the ~k~rtgagor, the ~lortgagee may, without notice to the Mort~aaor. deal with such successor or suc- cecsor~ in interest with reference to this deed and the debt hereby secured. in the same manner as with the Mott- , gagor Nithout ~n any way viuating or dischateing the Mort`asor's liability hereunder or upon the debt hereby secured. No sale uf the premises hereby mortgaaed and no (orbeuance on the part of the Mortfa~ee, and no ex- ; tensi~m of the time for the payment of the debt hereby secured given by the Mortga~ee shall operste to telease, f discharge, modi[y, change or affect the on~inal liability of the Mortgasor herein eith~r in whole or io part. ~ b. The I~~n of this deed secures and shalt continue to secure payment of said indebtedness or indebted- ! nr~•, however evidenccd, whether by said promissoty note or any renewal ot extension thereof or substitute there- ~ fur, ur otherw~se, until all such indebtedness shall have been fully paid. ~ 7. In thP evenl the rnortgaRors sell, convey or ~ransjer ~he mor~gaged prunises during the liJt oJ this rr~o?t- E KaRe, then ~his mortgage shall, nt the option oJ ~he Alortgage~ herein, become iinmediateiy due ared paya6le Jor 1he ~ Jult sum oJ the pnnc~pal balance and in~trtst then due. ~ R. The terms "Mortgagor" and "Mottgagee" whenevet used in this insttument shall include the heits, ~ percona! cepresentatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ number shall ~nclude the plural and the plural the sin~ular, and the use of any Sender shall include all genders. ~ ' Gc ~ ~ Sig d, seal nd ver in the ptesence of: (Seal) ~ ~ J (Seall ~ ~ a~ lC,t~_ - - - ~ ~ ( Seal ) ~ STATE OF FLORIDA , ~ COUNTY OF~ SS ~~~Mt~I, L. CARTER and HELEN D. CARTER, his wife, also ST. I,UC M~,TTIE M~E CaRTER, an unmarried Noman _ Before me personally appeared • ~ to me well known and known to me to be the ~ndividu~ls de~cribed in and who executed the fore~oin~ insuwnent. ~ and acknowled6ed before me that they executed the same fot the purposes thetein expressed. WtTN ~py hand ~ and official seal ~n the County and State last aforesaid this lOth day o Oetober, ,~iN~~~„~,~I,. x ~ y ~ ~ . , ' ~ • : ' ~ , . ~ ~ l~ ~ 'i~ ~ ~ 4 Z , ~ ~I = = ~ _ ~ ~ty Commission Exp~tes: JUII@ 3O~ 19rj1 Notuy Pubtic. State o • ~ 'j = ' ° 1'p•t!~ ' v~' ~±~+~~fsi: . ? : , •~4~~~. : l ' `0~.. ~ ~ f'~~ ~~~s . 1 ; y~~A~ff11H111~\~~``s," i ~ 0 R Qry n ( • ' ' . ~ ~ SOOK ~U 1 PA6E ~~74 t ' ~ ~ - i _ _ , ~ . _ _ _ . ~