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Home My WebLink About0737 i . j i ~ t Our f i le ~-21,132 th~s mot~~a~e ix other trans(er ot U~It to ~he mo~tsa~ed poperty ~n eaUn~uuAment ut the ~ndebtedness .recwed here~~, ali ~e{ht, hUr and ~n~erest ot tAe Mo~t~~~w in and ~o any ~nsuian~ e polic~es ~hen in (orce s~all pass to Ihe purchaaer w`~an~ee. (A) To perlam, cumply with and ab~de by each and every the aupulaUOns, a~rceroents, cond~huns and cuvenants ~n sa~d prom~.sory eote and in th~. deeJ set fo?tA. (i1 That d any of said sums of mune~ here~n reterrrd to be not pranptly and fully pa~J ~~~h~n f~(tccn days ne~t attc~ the s~me severally becomes due and paYa~le,or i( each and evt~y lhe sUpulal~ons, s~rremen~s, condwons and covenants o( sa~d prom~s- s«y note and tMs deed, or ei~her, ue not (ully perf«med, compl~ed v~tA and ab~ded ~y, ~he aa~d ag~re~a~e smn menuaned m sud prum~ssoty note sAall ~ecane due and paY+ble frxthw~tA or therea(ter at tAe opuo~ ot the \1oet~a~ee as fully rnd completely :s it ~he ~ eaid a«tt~ate sum o( said promisswy note ras un~~na(ly st~pulated to bt pa~d on such dr~y, anyth~n~ ie sa~J prom~ssury note ot here~n i to the contcary notM?~hsta~d~n~. U) That ~n order to accelerate the ma~un~y of tAe indebtedness hereby secured, ~ecause o( the fa~lure o( the Afw~gagor ~o pay any ~a~, assessrnent, lub~l~ty, obliphon ~x rncumb~ance upo~ sa~d property, as herem provided, ~t shall not be neres.ar~ ur requlsue ~ha~ the mor~~y~ee shall f~rst pay the s~me. 2. The tilortgagee may, at his option, and without waiveng his right to acceletate the indebtedness hereby secored and to foreclose the same, pay either before or after delinquency any or all of those certain obligations required by the terms heceof to be paid by the Alortgagot for the protection of the mortgage security or fat the col- lection of the i~debtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into the mortgage account aaJ become an integral part thereof, subject in all respects to the terms, conditions, and covenants of the a(oresaid promissory note, and this mortgage, as fully and to the same extent as though a part of the origi~al indebtedness evidenced by said note and secuted by this mortgage, excepting however, that said sums shall be repaid the lllortgagee ~orthwith upon its demand and be in addition to the regular monthly install- ments provided by thc mortgage note. 3. That the abstract or absuacts af title covering the martgaged property shall at all times, duting the li[e of this mortgage, remain in possession of the hlortgagee and in event of the foreclosure of this mortgage or other transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby. all right, title and interest of the 1lortgagor in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the eztent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby, the Alortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every mortgage, lien ot othet 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 or secured hereby, and the respective liens of said mortgages, liens or other incumbrances, shall be and the same and each of them heteby is preserved and shall pass to and be held by the Nartgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it would have been presetved and would have been passed to and been held by the !1lortgagee had it been duly and regularly assigned, transfened, 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 cancelled ot record by the holders thereof at or about the time of the recording of this mortgage. 5. In the event the ovvnership of the mortgaged premises, ot any patt thereof, becomes vested in a person other than the ~lortgagor, the \lortgagee may, w~ithout notice to the ~lortgagor, deal with such successor or suc- ' cessors in interest w•ith reference to this deeu and the debt hereby secured, in the same manner as with the \tort- ` gagor w~ithout in any v?~ay vitiating or discharging the ~~ortgagor's liabiiity hereunder or upon the debt hereb~• secured. No sale of the premises hereby mortgaged and no forbearance on the patt of the Alortgagee, and no e~- tension of the time for the payment of the debt hereby secured given by the tilortgagee shall operate to release, discharge, modiEy, change or affect the original liability of the !~lortgagor herein either in whole ot ia part. i 6. The lien of this deed secures and shall continae to secure payment of said indebtedness ot indebted- i ness. however evidence~, wheth~r by said promissory note or any renewal or extension thereof or substitute there- ~ for, or othetwise, until all such indebtedness shall have been fully paid. ; 7. In the e~•cnt the mortgagors sell, com•ey or transjer the morlgaged p~emises during the liJe oj this mort- E RaRe, then this mortgage shall. a~ the option oj the Afortgagee herein, 6ecome in~mediately due and poyable /or the ~ jul! sum oj ~he pr~nc~pal 6alanre and interest then due. ~ 8. The terms "Mortgagor" and "1lortgagee" whenever used in this insttument shall include the heirs, ~ petsonal representatives, successors and assigns of the respective parties hereto. Wherever used the singular number shall ~nclude the plural and the plural the singular, and the use of any gender shall include all genders. ~ O } ~v~ ~vJ ~~S - Si ned, se d d eliv in the presence of: ~ (Seal) "..~~J~~ ,~~~~-G~t . ~%~j'z G'~` (SeaU f,~~-, : _ ` ~ ~ ' ~t ~ j~ ~ ST LUCIE COUNTY F~A. ~ ~ R~GE~ POITRAS z ~ CIEriK Ci~C01T COURT ~ STA E OF FLORIDA I RECORD VERiF1E0 ~ s s ~ COUNTY OF~K ~ ~T iU~IL F~B~ti"fe10 56 AH'7~ - ~efore me personally appeared :~.tVliv ~T~i;i~:~ dT`,d 1'..~Y ~i;~LL J..i~ ~5~ hi = to me well known and known to me tu be the individuals described in and v?ho executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand ~ ri and off~cial seal ~n the County and State last aforesatd thi~ - t.] ~'&j Of '?e • r9, 1~71 , ~ ~ ~ ~ ~ . - ~ ~ Ny C~rnmission Exp~res: ~ ?ariE : , 1 _ 71 Notary P . tate of ~~10~ 1~8; ~ ~ _ e . ~ r~ • ' ' i~' • ' , % a~ . t. . 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