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Home My WebLink About0415 ; Our file 5-20,588 ' ~A~x sa~r+~~e ot uthe~ tan~fe~ ot Utle to ~Ae mw~~~~ed poPertr IA ~tllA~YlaMtAl ut the ~ndebtcdee~s ~ecwed AeresY. +11 n~h~. utle anJ ~nie~ex~ o( the Mw~~a~w ~n ~nd to ~ny ~e~w~nce pol~c~es tAes ia force ~h~ll p~ss ~o ~Ae pwcA~ser o~ {rantee. Ih) T~ perlnru~, areply ~r~tA ~nA al~~de by e~cA and evsrr Ws •I~oulaUOns. ~~reeisents. condit~ona aM coven~ets ~n ~~~d prom~~c~ay n.~te snJ ~n ~h~. derJ set (ortA, l~ 1 TAa~ d~ny of r~id ~wrs o( aaneY ~e~t~n ro(etted to pe nol Ptosotly ~nd fully Pa~d ~uh~n t~(teen daya nea~ alter ~he srme aevenlly Ascoses dre ~ad P~y~slc,~x ~f each ~nA eve~y tAe a~~pYl~uona, ~~rsements. coeJ~~iona and covsn~nu ot sa~d proa~s- .wy no~e and tA~Y deed, or e~tAer, ~~e not fully oerforsed, co~Plied ~ri~A ~nd ~b~ded by~ the .~~d a~{re~~te s~ ~ent~onsJ ~e a~~d pran~as~xy eute shall ?ecoec due and osy~ble tath~~tA a ther~~tter ~t tUe optioe of iAe Mat~a~ee ~s fully ~aA co~letely as tAe .aid aj~e~~te su~ of s~id ~owiaawy aote ~r~s a~~~nally stiPul~tad to be pa~d oe sucA d~Y. aaythuy ie ~~id Oto~issoty no~c ot Acre~n to tAe contrary notvi~hat~nd~n~. . . 1~ 1 Tha~ ~n ader to accelet~te tAe matun~y o( the indepeedn~~s hereby secured, bec~use o( tAe (ailurt of tAe 1Aatsa~a to paY ~~Y ~~s. rc.e.sisen~, I~ab~l~ty, obl~{ation or encumbrance upan sud prope~~y. ~s herein p~ovided, ~t aA~ll not be aecey~ary a reau~si~c ~h~~ the m.x~~asee shall f~ra~ oay the aaarc. 2. The Mortsa~ee may. at his option. and without waivin~ his n`ht to accelerate the indebtedness heteby secured a~d tu foreclose the same. pay either before or aftec delinquency any or all of those ceruin obli~ations requ~red by ~he terms hereof to be paid by the Mort`e~a tor the protection of the mort~a~e security or for the col- Ircti~~n of the indebtedness hereby secured. All sums so sdvanced ot paid by the Mortsa~ee shall be cfiar~ed into the mort~aae accauni and become an i~te~ral put thereof. subject in all respects to the terms. conditions. and cavenants uf the afcxeaaid promisaory note. and this rtw~t~a=e. as [ully a~d to the same extent as thou~h a put uf the orieinal indebtedness evidenced by said note and secured by this mott~s~e, exceptin~ howevec. that said cum. shall be repaid the Mcxtga~ee forthwith upon its demand and be in addition to the re~ulu monthly install- ments provided by the mort~aae note. 3. '~'hat the abstract or absuacts of title coverin~ the mort~a~ed property shall at all ~times. durin~ tke life ~ uf thi~ mortgaae, remain in possession of the Moctsa~ee and in event of the [oreclosure o[ this mort=a~e or other transfe~ of title to the mott~a~ed property in extin~uishment of the indebtedness secured heceby. all ri~ht. title ~ and interest of the Mott~a~or in aad to any such absuacts of title :h~ll pass to the pucchaser ot ~rantee. . 4. To the extent of the indebtedness of the Mort~a~or to the Mort~atee dtscribed herein or secured herebq. the AbrtEa`ee is hereby subrosated to the lien or tiens and to the ri~hts of tha owners aod holders thereof of each and every mortgage, lien or othet incumbrance on the land described herein which is paid and/ot satisfied, in whole or in part, out of the praceeds of the loan described herein or secured hereby, and the tespective liens of said mort~a~es, liena ot other incwnbra~ces, ahall be an~ tl~e same and each of them hereby is pteserved and shall pass to and be held by the Mortgaaee herein as aecurity for the indebtedness to the Mort~a~ee herein described or h~reby secured, to the same extent tbat it would have been pteserved and would heve been passed'to and been held by the Nk~rt`a6ee had it been duly and re~ululy assi~ned. transferted. set ovet, and delivered unto the Mort- gagee by ~eparate deed of assignment, notwithstandin~ the tact that the same may be satisfied and cancelled ot record, it bein~ the intentio!~ of the patties hereto that the same will be satisfied and~cancelted ot record by the hi~lders thereuf at or about thc time~of the recordin~ of this mort6a~e. S. In thc event the ownership of the morttated premises, or any part thereof. becomes vested in a person other than the Murtga6ot. the ~lort~aaee may. without ~otice to the Mort~asor. deat with such successa or suc- cessors in interest with reference to this deed and the debt hereby secured. in the same manner as with the Mort- gagor without in any way vitiatins or dischar~in~ the Mo~t~a~or's liability hereunder ot upon the debt hereby secured. No sals uf the premises hereby mortaa~ed a~d no forbeuance on the put of the Mort~a~ee, and no ea- tensi~m of the time for the payment of the debt hereby secured ~iven by the Mort~a~ee s6a11 opeate to release. discharse. modify. chanae a af[ect the cxi~inal liability of the Mort:asor herein either in whole or in part. 6. The lien of this deed secures ar~d shall continue to socure payment of said indebtedness or indebted= nes., however evidenced. whether by said promissory note ot any cenewal or extension thereo( or substitute thete- fur. ur otherwise, until all such indebtedness shall have been fully paid. 7. In the event the ,nortRagors sell, convty or transjer the nio?tgaged pren~ises during the lije oj this n~ort- KaRe, then this nw~tgage shall, at the option oJ the Mortgagee herein, btcon~e inuntdiat~ly due and payable for the ~ jull swn oj the prrncipa! lwlance ond interest then due. ~ ~ 8. The terms "Mort~a~or" and "Mort~a~ee" whenever used in this instrument s~all include the heirs. ~ personal representatives, succeasors and assigns of the respective parties hereto. Wherever used the sin~ular number shall include the plural and the plural the sin`ular. and the use of any ~ender shall inclnde all Senders. ~ r , ~~s S' ed, sea i prestnce ot: (Seal) _ ~ a~ ~ (Seaq STATE OF FLORIDA couNTY oF ~ SS EDWARD I+;. JENBINS a.nd VER~, MAE JENKINS, his wife, ST. LUC Be[ore me petsonally appeared formerly known as VER~ MAE BYRD ~ to me well known and kno~vn to me to be the individuals described in and who eaecuted the fore~oin= insttwnent. and acknowledaed befota me that they executed tha same fot the purposes thereia aapres~ed. W!~' !v my hand ~ end official seal in the County and State last afaesaid this 24th d2~y of Oetober, 1 . ~ , ~ ~ `vQ` , , ~ ~ f ~ ~ly Commiasion Expires: June 30, 19?1 ;Florida at Lar ~ ~~Q °'s'd~ . ~ • ~ ~ ~r ~ - ,i.-: . , • . , ~ C.~. ~ _ _ js-fi~.• ~ O v~I j-.^'~y1\~~•~F . f ~ ~ ~O ~ ~'t~ Q R ~~~j,, ~°'rj~~i~s _ . ~ 2o a~ls ~ a~K 18~ . , ~ . ~ ~ ~ - , . . ~ ~ _ -~a~.. _ _ . ~ ~ ` _ ~ : 'Y~,~. -.-e~~ s.> ~a- ~ _ _ - s ,