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Home My WebLink About2927 STAT~ oF F=I.ORIDA ~ ~ DOCUMFNTAp`! STAMP TAX ' ~h;: ~ ~ _ 26'11 - c , ~ ~ _ ~ ~ ~QJ~ v, a?,.or~ereae ~l,ir file 5-21,539 ~lB,Ne~~~ tA~s m~u~gaKe ~x uther uan~fe~ ut Utle tu the mor~gadcd prupe~ly ~o.ext~n~u~+Amcnt ut the ~ndehtednr.+ ~r~u~~d hr~e~>, e11 n~ht, titic and ~nlete~t ot Me \1u~t~a~w in anJ to an~ ~n~wanrr pul~cies Ihen in fwct shall pa~s 1o tAe puicha~e~ u~ grantee. (h) Tu pert~Km. ..xnpl~ w~th and ah~de b~ e~ch and crery tAe at~pulahons, a~rcements. conJit~on. and ~u~cnam. ~n .a~d prum~...~r~ nott and ~n lhi. dccd ~et fiuth. . That ~t any o( ~a~d sums ut mune~ hr~e~n rcterrrJ t~~ hc nut prump~l> rnd (ull> pr~d ruh~n hftr.n d~>. nr~~ JI~t'f ~ the seme sevecally be~omes Jue and pa~able,.K ca.A anJ err~~ thc s~ipulauon., agrcrment., c.~nd~u~~n. ~nd ~o~rnant. ot .~~d p~.un~.- suty eote and tAis deed, ot e~tAer, are nut fully perlormrJ, iumpl~ed r~tA ~nd ~b~Jed b)', thr .aid eggrcgatc ~um mcnu~mrd m~a~d ~wvm~ssor> nute shall becixne dur and pr~~hlc (rwth+~th ~N tAcrrrttrr at lhe uptiun o[ Ihr \Iurtgagrc as full> and .~~mpirtcly aa ~f ~hc ~a~J a~~rc~alt sum ut ~a~d ps~xn~s.ury nate was ung~nell)' sUpulated to be pa~d un wrh Jry. an~~Am6 ~n s~~d prcxn~c.oty notr ur Aere~n W the ron~~a~y nut~~thsland~na. 1 ihat in ~xder to ucelerale the matur~ty u( the indeb~edne,~ hercb) ,ecured, br.ause o( the fa~lure o( ~he \lortgago~ ~o p~y an> ~a., asse~sment, IuA~luy, otrl~~at~un or rnrumbi,~nre upun .a~d pn~pr~ty, as herem prm~ded, ~t +hall not bc ne.r..ar~ ~K rcyws~tt ~hat thr mo~t~a`ee shall (u~t ~yy the samt. 2. The ~k~rtg~gee may, at his option, anJ without wa~ving h~s right to accelerate the indebtedness hereb~• .erured and tu lareclose the same, pay either betore or after deli~quency any or all of those certain abligations i r~quired by thr terms hereof to be paid b~~ the Mortgagor for the protection of the mortgage securit>~ or for the col- lection ~~f the indebtedness hereb~• secured. All sums so advanceJ or paid by the Mortgagee shall be charged into the mortgage acc~unt a~d becume an ~ntegral part thereof, subject in all respects to the termti, conditiuns, and covenants oG the al~oresa~d prumissory note, and this murtgage, as fully and to the same extent as though a part of the originat indebtedness evidenced by sa~d note and secured by this mortgage, excepting however, that said sums shall be repa~d the ~lottgagee (orthwith upon its demanJ and be in addition to the regular m~~nthly install- ments provided by the mortgage nale. 3. That the abstract or abstrarts of title cover~ng the mc~rtgaged proparty shall at all times, during the life of this mottgage, remain in possess~on of the \lortgagee and in event of the foreclosure of this mortgage or ~~ther transfcr af title to the mortgagrd property in extinguishme~t of the indebtedness secured hereby, all right, title and ~nterest of the ~lortgagor in and to any su4h abstracts of title shall pass to the purchaser or grantee. Ta the extent of the ~ndebtedness of the 4k~rtgagor to the ~tortgagee described herein or secured hereby. the \tortgagee is hereb~• subrogated to the lien or lien~ and to the rights of the owners and holders thereof of each and evrry mortgage, I~en or other incumbrancr on the land described herein w•hich is paid and or satisfied, in whole ~~r in part, out of the proceeds of the toan described herein or secured hereby, and the respective liens ot said murtgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall ~ pass to and he heW by the .\tortgagee herein as security for the indebtedness to the \lortgagee herein described z ot hereby serured, to the same eatent that ~t Nould have been preserved and would have been passed to and been ~ held by the \lortgagee had it been duly anJ regularly assigned, transfened. set over, and delivered unto the ~1ort- gagee by separate deed of assigament, notwithstanding the facl that the same may be satisfied and cancelled of ' record, it being the inteotion of the parties hereta that the same will be satisfied and cancelled of record by the holders thzreof at or about the time o~ the recording of this mortgage_ 5. fn the ~~~ent the ownership of the mortgaged premises, or any part thereof, becomes vested in a person ; other than the ~tortgagat, the ~lortgagee ma~•, without nolice to the Mortgagor, deal with such successor or suc- ~ ' cessors in interest Nith reference to this deeu and the debt hereby secured, in the same manner as with the ~1ort- ; gagor Without in am~ way vitiating or discharging the ~lortgagor's liability hereunder or upon the debt hereb~• ~ < E serured. No sale of the premises hereby mortgaged and no forbearance on the part of the'1lortgagee, and no ex- ; ~ t~nsion of the time for the pa~~ment of the debt hereby secuted given by the ~lortgagee shall operate to release, ; ~ discharge, modif}, rhange or affect the orig~nal liability of the Vortgagor herein either in whole ~r in part. ' ! 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ~ ~ ness, how~ever evidenced, whether by said promissor}• note or any renewal or extension thereof or substitute there- ; ~ fur, or otherwise, until all such indebtedness ~hall ha~•e been fully paid. ~ 7. !n the e~•ent the mort,qaRors sell, com~er or t~ansfer the morlRaged p~emises during Ihe !i/e oJ thrs mort- ~ xuRe. then this mortgap,e shall, at thP oplton of the .tlortgugeP herein, become ~mrr.ediately due artd paya6le Jor the ~ full sum o( thr prrnc~paf balancP and interest then due. R. The terms "~lortgagor" and "!~tortgagee" whenever used in this instrument shall include the he~ts, ~ per~onal representat~ves, successors and as~~gns of the respective parties heretu. Wherever used the singular ~ numbrr shall ~nrlude the plaral and the plural the singular, and the use of any Render shall include a!1 genders. a ~ ~ ~ ~ ~ ~ ~ S~gned. sealed and del~~•ered in the presence of: Z ~ ~ ( al) ~ ~ ~ 1 ~ (Seall ~ ~ i ~ ' a - - i ~ STATE OF FLORInA I - .5 MAR A. KUEKER an unmarried Woman Formerly Known ~ ~ c~ou!rTY ~F t~#x ~ As MARGARET ARNOLD~also Formerly Known As ST. LUCIE : E~eT~~te me petsonall~ appeared A.NN MARGARET ARNOLD to me w•ell known and know•n to me to be the individuals described ~n and wfio erecuteJ the foregoing instrument. and acknowledged hefore me that they executed the same for the purp~~srs there~n expressed. WI"1~hFSS m~~ hand and off~cial tieal ~n the (~~~unt} anJ State latit afnrr>~id th~~ 17th Day of A ril, 1971. - ~~:u::,: ~ J• . ' _ ! - ~iy i'ommiss~un f~.ip~tes: ~ 1 971 " ' r Nc~tary Publ~c, State uf ~ - FtlEO A11L~ RECORQ ~ y'~' ~,A : :T. LUC1E COUNTr FL . - - . : = y- • •~t,: • ROCE R FOITRAS ' ~ ~ • . ~ : CIERK L~F~CUIT CO $ S..r~; .1: . Itf.~ORD YEPtfIEC arR 26 4 2~ PM'T I ~~~'~h~- = z~si~~ BooK191 2921 . _ : _ ~ _ _ . . _ _ . ~