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Home My WebLink About2025 e ~ • ~ ~ Our tile 5-20,?59 ehi• isatNie a otAer aaas(e~ of t~11s to the ~t~~~ed ptooerly ~o extia~u~sheea~ o( the iudebtedaess aecasd hcreby. ~11 n~A~, h~le ~nd in~ero~t ot 1h~ ?lor~{a~a ia and to ~nr iaaurance policie~ then ia force sh~ll oas~ to tDe PweA~aer or pan~ea. (A) To Pe~fas. ca~plr ~ri1A ~ad ~b~de by e~cA ~nd erery the ~tipul~~ioas. a~reestab. coadit~ons and covenan~s ~n s~id pramssory - aote ~ad ia tA~s deed ~e1 fatA. (i) 71ut i( any of s~id awss o( aaaey herein referted to be not pro~p~ly ~ad (ully Paid ~r~tA~n tifteen days neat atter ths sase seve~Nly seco~es due and paY~pla.or it e~cA aad ere~y We stipulatiau. ~~eeiaeets. cond~tioas ~ad covenanls of s~id proe~s- ~ sar uote ~ad this deed~ ar aitAs~. ~re aot tullr pe~forsed. ea~plied rri1A sad ~bided py. the s~~d sureqte suw seauoned in aaid pro*issory aote aA~ll beco~e due ~nd paY~ble ta~hritA o~ tAert~tte~ at tbe oqtioa o( tAe Alott~a~ee ~s fully and completely ss it the s~id ~~sre~~te su~ o( ~~id promissory aote ~~s or~sm~llr stipul~ted to be paid ea such dsy; aayWias io said praeisswy note or herein to the eoatruy notrithst~ndia~. , ~ (i ) Tbat ia arder to ~ccelsr~te We art~uity o! the indebtedness Aerepy secured. bec~we of the tailu~e o( the Morta~~or to p~y aoy u:. ~ssesaaeet, liability. oplisatian a eecumbraace upoa said property, ~s Aerein p~ovided. it shall not be necesauy a reauisite thst the eorta~see sh~ll tirst ~y tAe sa~e. 2. The Mort~a~ee may. at his option. and without waivins hia ri`ht to accelerate the indebtedness heceby secured and to faeclose the same. pay either before ot a[ter delinquency any or all of those certain obli~ations required by the terms hereo[ to be paid by the Mortgaaor for the protection of the mortaage secority or tor tl~e col- lection of the indebtedness heroby secured. All sums so sdvanced or paid by the Mottaasee shall be charsed into the mort~age account and become an inte~ral put thereof, subject in all reapects to the terms. conditions. and ~ covenants oi the daesaid promisaory note. and this matgaae, as fulty and to the same extent as thou=h a put of the ori~inal indebtedness evideaced by said nota and aecured by this mortaase. exceptin6 however, that said sums shall be repaid tAe Mwtsaaee [octhwith upon its demand aad be in addition to ttie reeular monthly install- ments provided by the moctgase note. 3. That the abstract or abstracts of title coverins the mortjased property shall at all times, durins the lite of this mortga`e, remain in possession of tde Mortgagee and in event of tbe foreclosure of this mort=aae or other transfer of title to the mort6aged ptoperty in extin6uishment of the indebtedness secured hereby, al! ti~ht. title and interest of the Mortgagor in and to any auch abstracts of title shall pass to.the purchaser or `rantee. ~ 4. To the eatent of the ir~debtedness of the Morida~or to the Mottgasee described herein or secured hereby, the MortE~ee is hereby subro6ated to the lien or liens and to the riahts of the owners aad holders theraof of each and every mort`aEe, lien or other incumbrance on the land describea hereia which is paid and/or satiaCed. in whole ot in part, out of the proceads of the loan described herein ot secured hereby, aad the respective liens of said mortsages, liens ot ot(~er incumbrances. shall be and the same and each of them hereby is pnserved aad shall pass to and be held by the Morteasee herein as security for the indebtedness to the Nbrtaagee herein described . or hereby secured. to the same eatent that it would have been preserved and would have been passed to aad been held by the Mortga6ee had it beea duly and re6ularly assianed, transfeRed, set over, and delivered uato the Mort- 6sgee by separate deed of assianment, notwithstanding the fact that the same may be satisfied md cancelled of - recocd, it being the intention of the parlies hereto lhat the same will be satis~ed and caacelled of record by the ~ holders thereof at or about the time of the recording o[ this mortaaae. S. In the event the owners6ip of the mortsaged premises, or any patt thereot. becanes vested in a person other thae? the Mortgagor, the Mortga~ee may. without notice to the Mortga6or, deal with such successoc ot suc- cessors io interest with reference to this deed and the debt hereby secured, in the same maaner as with the Mort- 6aaor without ie any way vitiating or discharain~ the Mottaagor's liability herenader or upoa the debt hereby secured. No sale of the premises hereby mortgased and no forbearance on t6e patt of the Mortsa6ee. and no ea- ~ tensiQn of the time for ~he payment of the debt hereby secured given by the Mortsasee ~sball operate to release, . ~ dischar~e. modify, chanae or affect the otiginal liability of the Mottaajor 6erein either in whole or in part. ! 6. 'fhe 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 extension thereof or substitute there- ~ for, ot other~rise,.until all suc6 indebtednesa shalt have been [ully paid. 7.. In the event the niortgagors sell, convey or transjer the mortgaged p?emises duiing the lije oJ this neort- gagt, then this nwrtgagt shatl, at the option oj the Mor~gagee herein, become irn~nediately due and payable Jor the Jull swn oJ the principal balance and interest then due. 8. The tem~s "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 sin6~lar ' number sball include the plural a~ the plural the singular. and the use of any gender shall inclade all senders. Si ed, seal a eli ed i the presence of: «a~~ ~r~ r'~ n.+ ~ ~ n..~~rP Y ° (Seal) STATE OF FLORIDA COUNTY OF~ - ss B~etoreLmIIe pe~rsonally appeared K• ~~~T ~d ~l~CS$ 0. P~'1'SBSAB~ h1• i~1t~ to me well Icnowm and knovm to me to be the individuals described in and who execnted the fore=oin6 insuument, and aclcnowled6ed before me that they executed the same for the purposes therein .e.:prct~ed. WITNESS my hand and officisl seal in the County and State last aforesaid this 16th Da~ OZ~ a ~ l~~~~ ~ . . ~ - !r 2G~'724 F {.EO A 0p AECOfiD ~ - RO~ER'P1f1TxA~ Expires: .T1lIIQ ~Q,~ 19n Notary Publ~~, ~ -ti~ ~ OIERK CIACU{? C~T f s' a'': r y-~~ r ' ; ;,p ~ . { , ; ~ s.. ~coRO vEair~EO..........- . . Q : ~ • ~ , :~~.y~w~ r~:;r. ; . ° OfC 3 ~ ~ ' r-' . ~ .1 % r ' f , ~~j ~ ;s ::T,~.~t ~ ~ R Q ~ ~ ~ `'ki, ~ . , • , ~ , b00K1v0 PACE~~ ~ "~•'`.i. Y',,.~~,,~, ~ ° a. : . `-n~._~.,.~-~~ . _'3 - ~ _ y~~