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Home My WebLink About0814 Our f i le 5--20, 936 M~s maw~~~~e .r .,~Ae~ uaes(e~ ot u~le a. :Ae n+.Hip~aed pope~l~ m e~tm~u~aAmen~ 01 the ~n,let~~elne...e.wcJ hercM. •11 i~~h:, c:~la an~f ~n~e~est M tAe 1ik~~1~~~.r ~n am1 ~o ~e> ~nru~an:e {+olic~es iAtn ~n (~x:e sA~ll pasa ~o ~Ae nw.A~~e~ .w ~i~n~ee. (A1 To pe~l.ym. ~.raply ~r~W and at~ide b) tach ~m1 e~er~ ~Ae s~~pulaums. a~ieementa, c.~nd~UOn. and c..~en~n~~ ~n.a~d p~on+~.~..~~ n~te and ~n tA~. de~d ae~ t.xtA. <~1 TAat ~t any ot a~~d sums o( sn.xie) herc~n ~tiened tu be not ~u.wep~if and IuU) pa~d a~~h~o t~(tccn do~. nc~~ al~ei the s~me sere~ally beccwnes due and pa)~~le..x ~f e~rA ~nd e~e~~ tAe xUputahons, apeea~entc, ~on,f,t~an. and co.en~nt. of .a~d p+wn~.- spy note and this detd, at e~tAer, •rt not tully peatormed, compl~ed ~uA and rb~ded b), tAe .a~d s~resa~e sum menu.~ned m.a~d puaussay note sAall becase ~1ue and pa>sble (ortA•~tA o~ tAe~ealu~ •t tAe ophoe ol tAe ~kwt~a~ee as lull~' and completely as ~he s~id ~aae{ate swa ol sa~d Qrom~sso~y note ~as ~x~~mall)' shpul~ted ~o Ae pa~d on .urA d~Y. an>tA~n~ ~n sa~d prwnisso?>' eute a Aere~e ~o ?ne .onuuY n.~~.~~hsuea?na. (~1 iTut ~e orde~ ta accNe~~te the ar~unty o( tAe indeDtedness Aere~y secured, ~ec~use o( tAe fa~lure of the AIWI~JR~N a~ pa> aey i~~, assess~eeai, ha~~ldy, ol+l~~ata~n .v encumb~aect up.w~ sa~d peoper~y, as herc~n p~o.~ded. ~t s~all oot be oert..at~ ix reQu~sut ~hat tAe mo~tsa~ee shall f~rx~ pay the suoe. 2. The ~iortgagee may, at his option, and w-ithout wa~vina his nght to acceierate the ~ndebtedness hereby serured and t.• foreclus~ the same, pay either 1+efore ur after dtli~quency any or all of those ye~tai~ abliaationx required by the terms hereof to be paid by the ~Mrtgagor for the pratection of the mortgage securih• ar for the col- lection of the ~ndebtedness hereby socured. All sums so advanced or paid.by the A1o~t6aget shali be cha~ged into the nx~rt`age account and become a~ integcat part thereaf, subject in ail respects to the termc, canditions, and ~ covenants of the aforcsaid promiss~~n~ note. and this mortgage, as fully and to the sarne extent as thou~h a part of the ori~inal indebtedness evidenced by said note and secured by this mottgage, excepting however, that ~aid sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the regular monlhly i~stall- mer?ts pmvided by the mottgage note. ~ 3. That the abstract or abstracts of title covering the mortgaged ptopett~~ shall at al! times. during the life of this mortgage, remain in possession of the Mortgagee and in event o( the foreclosure of this mortgage or other ; transfer of title to the mortgaged property in extiaguishment of the indebtedness secured herebv. all ri6ht, title - an~i interest of the \lortgagcx in and t~ any such abstracts of title shall pass to the purchaser ot grantee. ; 4. To the extent o[ the indebtedncss of the Nort~agor to the Morigagee described herein or secured hereby, ; the Mort~aaee is hereby subrogated to the lien or liens and to the rights of the owners a~d holders thereof of each } and every mortgage, lien or other inc~unbrance on the la~d described herein which is paid and:'or satisfied. in w~hole cx in part, cwt ot th~ prc~ceeds of the loan described herein or secured hereby. ar~d the respective liens of said mort6ages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the !Nortgagee hetein as security for the indebted~ess to the •.1lortgagee herein described or hereby secured, to the same extent that it w•ould have been preserved and would have been passed to and been held by the ~Mrtgagee had it been duly and regularly assigned, transferred, set over. and delivered unto the Mort- gagee by separate deed ot assignment, notvrithstanding the fact that the same may be satisfied and cancelled of record; it being the i~tention of the parties hereto that the same xill be satisfied and cancelled of record by the holders thereof at or about the time ot the recording of this mortgage. 5. ln the event 1he ow~nership oE the mortgaged premises, ar any part thettof, becomes vested in a person other than the ~bttgagor, the ~lortgagee may, v?~ithout notice to the Nortgagor, deal wilh such successor or suc- cecsors ~n interest v?ith reference to this deec; and the debt hereby secured. in the same manner as with the ~1ar?- gagor without in an~- way vitisting or dischat6iag the Mortgagor's liability hereunder or upon the debt hereb~~ secured. No sale of the premises heteb~ mortgaged and no forbearance on the part of the Mortgagee, and no e~- tension of the time fot the payment of the debt heteby secured given by the ~lottgagee shall opetate to telease, discharge, mod~fy, change or affect the original liability of the Nortgagor hetein either in whole or in patt. 6. The I~en oF this deed secures and shall continue to secure payment o[ said indebtedness or indebted- ~ ness, however evidenced, whether by said promissory notc or any renewal or eatension thereof or substitute there- for, or othotw~~se, until all such indebtedness shall have beeo fully paid. ~ 7. !n ~he event the mortgagors seU, con~•ey or t~onsJe~ the mo~tgaged prernises during the !i je oj this mo?t- ~ E gage. then this mortgage shall, at the option oJ the Afortgagee herein, 6ecome immediately due and payable Jor the s lull swn oJ ~he prencipal balarece and interest then due. ~ 8. The terms "Mottgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, ; pasonal representatives, successors and assigns of the respective partios herzto. Wherever used the singular ~ ~ number shall include the plural and the plural the singular, ar~d the use of any gender shall include all genders. s F ~ i Sig d, seale Hv re n the presence of: (SeaU (Seal) ~ ~ - ~ ~ ~ STATE OF FLORIDA I ~ COUNTY OF~ j ss ~ 3T~ . LUCIE r F_ Be ore mc personal ly appeared~P~~+ 3. I`~iiTl~ ~;Iv'$ ~ 8II 11 1 d p g~ Z SO ICIIOMII 88 ~ ~ ~ ~~'l N..G to me ~vell known and known to me ,~o be the irxi+viduals described in and who eaecuted the toregoing instrument, - ~ and acknowledsed before me that they eaecuted the same fot the purposes therein expressed_ WITNESS my hand ~ and official seal ~n the County and State fast aforesaid th~s 171b ~8~ Of LfC,~ID~6 9'l~ ~ 2(; 28~~ r ~;r ~ ~ =TLEDjECOUNTr~~„s~~n ` c~.,.; ~ly C'ammession~Rdlp~L e ~ 19~1 Notary Public, S~i~q'a~ CIERK ~iRCY1T C RT ' : ~ - ~ RECOiID vERIFIEO~ ' : ' _ - . . - ~ ~~tll ~I I OS ~!'1'T I ? - ~ ~ ? ~ aoo~ 189 ~ 811 ~ . ~ - ~ ~ -z - - _ ° ' .