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Home My WebLink About1344 our file 5-21,202 ~ iA~s ~a~p~e or uthe~ u~nsfe~ of U~le tu ~Ae ~~~~~s0 pooe~ty 111 l~llA~W~Mt11i ot tAe ~ndes~edee~s sscwed Aereby, all n~h~, ~~tlt •nJ ~mere.t ol iAe Mort~uw ~n ~nd ~o ~ny ~n.w~~e pol~c~e~ tA~n ~n forc~ s~~ll a~s ~o tAe purcA~~er w~r~n~ec. IA1 Tu perl~rn~. c.raply +r~lA ~nd aA~de Sy eacA •ed evsry tk~ •t~p~l~t~on~. ~~reen~enti. cond~l~on• ~M cov~e~~~• ~e ~s~d pro~~a~o~y m,~e ~nJ ~n ~A~r decd at~ (a~~. 1~ 1 TAs~ ~1 anr ot ~ud sw~s ot ~wney Ac~em ~e(.ned to Ae aot P~o~pUr ~ed f~lly Pa~d +~uA~n hfteen d~Y~ ne~t aUer tAe s~wt severally lscoa~ti drt ~ad p~y~Alt.a ~f e~cA ~nd eve~r tAe s~~pYl~uoni, ~~~ee~eeu. conJ~~~ons ~nd covee~~u of sa~J pram~s- .a~y no~e ~~+d tM• dcsd. a euAe., ae not tully perfawed. co~ol~ed +~uA and as~dtA sy, ~Ae .a~d aurs{~~e su~ seauoneJ in ~ud pru+a~~say note sAall Seca~s d~e and psYaelt tatAW uA a tA~r~dtsr tUe oouoa ot Mo.~a.~« r~ur .~e ~o,y~~~~iy as d ~Ae .~~d a~~ret~~e ~u~ o( sud prae~a~ory eote ~~a o~~~~n~lly st~pd~~~d to ~e p~~d m sucA d~y. ~eyM~n~ i~ ~~~d ota~~~~etY nott a here~n tAe conu~ry not~r~lAat~nd~na. V 1 7'1+a~ ~n adcr io accete~~te tAe awwnty o! ~Ae ~ndeptedn~s~ AsteAy ~ecwtA. bec~u~e o( t~e (ulu~s of tAe Mat~~~or ~o p~y ~ny ux, ~e.e.smeM, I~ab~1~tY. oeli{~~~on a encwnM~nce upon s~~d P~opertY. •s here~n prov~ded. ~t sAsll no~ ee eecesauy a reau~s~~e tAe mMt~s~et ~hall fu~1 ay tAt sawt. The Mat~a~ee may, at his optio~, and without wa~vin~ his n~ht to accelerate the indebtedness heteby serured and to forociose the same, pay eithet befote or ~[tec deliequency any or all of those cettain obli~ations requ~red by ihe terms heteof to be psid by the Mort~a~ot for the protection of the mort~a~e secutity ot for the col- lec~~un of thc ~ndebtedness heteby secured. All sums so sdvanced or paid by the Mort~a~ee shall be chac~ed into the mcxt~a~e accouni and become an inte~ral put thereof. subject in ~11 cespects to the tetms. conditions, a~d ~ave~ants uf the afcxesud prom~ssory note. and this moctsa~e. as tuliy and to the same extent as thou~h a part ..f the on~~nal indebtedness evidenced by said note and secuted by this mort~aje. exceptin~ howevet. that said cumc shall be rep~id the Mcxt~a~ee forthwith upon its demand and be in addition to the re~ulu monthly instail- ments pcov~ded by the mott~a~e note. ` 3. That the abstract or absuacts of title coverin~ the mott~a~ed property shall at all time:. durin~ the life of th~s rtwrtga`e, remain in possession of the !Nott~a~ee and in event oi the foreclosure of ihis mort~ase o~ other transfer of title to the mort~a~ed property ~n extia~uishment of t!?e indebtedness secuted hereby. all ti~ht. title ; aod mtetest of the \Aon~a~or in and to any such ab:tracts of title sh~ll pass to the purchaser ot ~rantee. ~ 4. To the extent of the indebtedness of the Mort~a~or to the Mortta~ee described herein or secnred hereby, the ~Mrtsa~ee ~s he~eby subro~ated to the lien or liens u~d to the ri~hts of the ownets aad holders thereof of tach and every mort~e`e, lien or other incumbrance on thr land described herein which is paid and/or satisfied. in w~hole or in part, out of the proceeds of the loan described he~ein ot secuted hereby, and the tespective liens of sa~d mortta`es, liens or other ~nc~unbrances, chall be and the same and each of them hereby is preserved and shall ~ pa~s to and ~be held by the Mort`a~ee herein as security for the indebtedness to the Mott~a~ee herein described ~.n c~reby ~ecured, to the same extent that it would have been presenred and rvould have been passed to and been { held by ~he \k~resagec had it been duly and re~ularly assi~ned, tcansferred. set over. and delivered unto the Mort- ~ gagee by~ separate deed of ass~~nment, notwithstandina the lact that the same may be satisfied and cancelled of reccxd, it be~n~ the intention of the part~es hereto that the same will be satisfied and cancelled of record by the hulders thereaf at or about the time o! the recordin~ of this mort~a~e. S. In thc event the ownership of the mort~a~ed premises, or any part thereof, becomes vested in a person othe~ than the ~kxtga6or, the ~1ori~a`ee may, without notice to the Mort~a~or. deal with such successor or suc- ce~sors in interest with reference to this deed and the debt hereby secured. in the same manner as with the Mart- gagor w~thout in any way vit~atina or dischar~in~ the Mortsa~or'c liability hereunder or upon the debt hereby secured. No sale of the premises hereby mort6a`ed and no forbeuaoce on the part of the Moct~alee. and no ex- ~ tension of the time for the payment of the debt hereby secured ~iven by the Mort~a~ee shall operate to release. ; dischar`e, modify, chan~e or affect the ori~~nal liabitity of the Mat~a~or herein either in whole or in part. ~ ~ 6_ The I~en of this deed secures and shall continue to secure payment of said indebtedness or indebted- ! nes,, however evidenced, whether by said promissory note or any renewal or extension thereof or subsiitute there- ~ ` (or, or othetw~se, until all such indebtedness shall have been fully paid. ; 7. In the e~~ent the n~ortgagors sefl, convey o? transJer the ~norrgaged prernises during the liJe oJ this niort- 6 RaRe, then th~s n~ortgage shel/, ar the option oJ the Martgaget ht~tin, becorne irnnetdiately dut and payoble Jo~ the F lull surn oJ the pnnc~pa! 6alanct and int~rest then due. ! 8. The t~rms "Mort~a6or" and "Mort~a~ee" whenevet used in this instrument shall include the heirs, € perscx~al representatives, successors and assisns of the respective patties hereto. Whetever used the sin~ular ~ numbc~ shall include the plural and the plural the sin~ular, the use of any ~ender shall include all ~enders. ~ d ~ ~ Si`n d, seal d iv ed in the ptese of: ' , (Seap ~ ~ ~ ~y^ aECOR0E0 (~al) ~ ~ ST.IU ~ _ ~ ~ ROGf ~ F01?AAS CLERK CIRCt1~T COURT _ RECOAO vE~+?r ~ED ~ ~ STATE OF FLORIDA ss f E8 25 ~ 35 PH ~j' 2C' ~i2 ~ ~ COUNTY OF~ ` ST. I:IICIS . . ~ Before me personally appeared NL~ P~IS ~ an unm~rried 1ifOmaII ; g to me well known and Icnow~n to me to be the ~nd~v~duals described in and who executed the tote~oin~ in:,~y~nt, ~ ~ and acknowled~ed before me that they esecuted the ssme for the purposes therein e sed. WIT ~r:_'TjAAd• and official seal ~n the County and State last afaesaid this 1 th D~ 02' Fe 2`~~ ~ t , - . ,L • • , :i ~ ~ : • „ % . ,rj r \ June 30 1971 ~ - ~ ~ly Comm~:sion Expires: ~ Notary Public. State of F ~ , . _ ; , ~ . =t: ~ ~ ~s ~ ° ~ 190 i34i ~ . ~ BOO~c ~ ~ _ _ - ~ ~ . , _ _ _ . ~ . . .__::s~.