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Home My WebLink About2650 . ~ Our file 5-21,742 tAi• ~at~~a~ ot otMt tranater of tille to the nwrt~~aed pcoperty ~n eatin~ui~M~eat ot tbe ~ndebtedness secwed Aereby, sll n~h~, t~Ue aed in~s~eat ot the Matsya ia u~d to ~nr iai~aace polieiei tAen in (orce sA~ll pais to tAe pwcA~ser or ~rantee. • (h1 To oe~ta~. coeply vitA aed abide by e~ch ~nd ere~y We atipui~~ioea. s{~eeaHats. coadiuons ~ad covee~nts ~a a~~A prom~ssorY aoie uW ie ~h~a deed set lo~U~. (i ) TA~t if anr of s~id ~usa of mooer Ae~sin referted to bt not prowptly and fully Paid ~rith~o fiftceo d~ys neat a(ter tA~ ~uN ss~er~llr ltcoasi dre aad oaY~ble. or i! e~cA ~od e~o~y tAe slipul~tiau, ~sreenronta. cond~~ioaa ~nd covea~nts of s~~d prawis- sotr aote u~d Wis dsed. or eitl4er~ us oot fully pertoneed. cospiied ~i1b ~nd abided by. tAe said sure~~te sw~ mentioaed ~n sa~d po~isaory aot~ sAall becoee due and p~y~ble (athwiW a thereatter •t We option ot ~Ae Mort~a~ee ~s lully and completely as it ~he s~id ~re~~te ~u~ d s~id pcowisaory eote v~i oti~ieally atiPul~ted to be paid an arch daY. anytAin~ ia ~~id pto~isswy nole ot herein to tM contruy oot~itlut~adia~• (j) T~at ie ade~ to ~cc~let~te the maturitr of the indebtednes~ heresy secured. bec~we of ihe failuro of the ?lat~s~a to p~y any Iax. ~sstsaaest. li~sility~ oblis~tion or encumA~~nce upon aaid property, ~s Aerein p~ovided. it shall not be atces~aty or requisils that the ieort{a~te sAaU tin~ p~r U?e sawe. 2. The Mottja~ae may, at his option, and without waivin~ his ri~ht to accelerate the indebtednesc hereby secuced and to foreclose the same. pay either before or after delinquency any or all of those certain obli`ations required by the terms hereof to be paid by the Mortaasor for the ~otection of ~he mort~a~e security ac [or the col- lection of the indebtedness hereby secured. All sums so advanced or psid by the Mort~a=ee shall be charsed into the mort~aje account and become an inte`ral put thereot. subject in all respects to the terms, conditions. and covenants of the atoresaid promissory ~ote. and this moctgaje. as tully and to the aame extent as thou~h a part o! the ori`inat indebtedness evidenced by said note and secured by this mort~ase. exceptina however, that said sums shali be repaid the Mortta~ee forthwith upon its demarid aad be in addition to the reauiar monthly install- ments pcovided by the mat~ase note. • 3. That the abstract or abatracts of title coverinE the mort`a~ed property shail at all times. durin= the life of this mortgase. remain in possession of the Mortaa6ee and in event of the foreclosare of this mortgaae or other transfer of title to the mort`a~ed property in extin~uishment of the indebtedness secured hereby, all ri~ht. title and interest of the Mort~a~oc. in and to any such abstracts of title sbsll pass to the purchaser or araatee. 4. To the e:tent oi the indebtedness of the Mort~a`ot to the Mortaa`ee described herein or secnred hereby, the Mottaasee is hereby subro6ated to the liea or liens and to the rithts of the ownera aad holders thereof of each ~nd every mort~aae, lien or other incwnbrance on the land described herein which is paid and/or satis~cd. in whole a in part, out of the proceeds of the loan described berein or secored hereby, aad the respective liens of said nart~ases. liens or other incumbrances. shall be and the same and eacb of them hereby is preserved and shall pass to and be held by the Mat`a~ee herein as security fot the indebtedness to the Mortsa6ee herein described or hereby secured, to the s~me eatent that it wonld have been preserved and would have been passed to and been held by the Mort~a;ee had it bsen duly and re~ululy assi`ned, transferred, set over. and delivered uato the Mort- `a`ee by separate deed of assi~nment. notwithsandini the fact that the same may be satisfied and cancelted of recotd. it beint the intention of the parties hereto that the same will be satieCed and caacelled oi recocd by the holders thereof at or about the time of the recordina of this aart~a~e. S. le the event the owners6iP of the mortgased premises, a any part thereof. becanes vested in a person other than the lNort~a6~, the Mortsasee may, wi~hout notice to the Mortsa~or, deal with such successor or suc- cessors in ioterest with reference to this deed and the debt hereby secured, in the same manner sa wit6 the Mort- jaior without in sny way vitiatina or dischar~ia6 the Mottsa~or's liability hereunder or upon the debt hereb~; secuted. No sale of the premises hereby mott~a~ed and no fabeuance on the put of the Mort~a~ee. and no e~t~-' tension of the time for the payment of the debt hereby secored ~iven by the Mortsa~ee shall operate to release. dischu~e. anodify, chan~e oc af[ect the ori~inal liability of the Mortsa=or herein either ia whole ot in put. ~ 6. T6e lien of this deed sec~res and shall continue to secure payment ot said indebtedness or indebted- ; ness. however evideaced, w~hether by said promissory note or any reeewal or e:tension thereof or substitute there- ~ for. or otherwise. until all such indebtedness shall have been fully paid. ~ 7. /n the event the rnort a ors sell conve or trans er tht ~ort ed g g , y j gag pre~nises dwing the lije oJ this neor~- gage. ~hen this nwrtgagt sbnll~ at the option oj the Mortgagee herein~ 6econie inunedieteiy due and payable for tht ; jul! sufi oJ the principal brtlance ond interest then due. p 8. The tem~s "Mort=asot" and "Mortgagee" whenever used in this instrument shall include the heirs,~ ~ pasonal rspresentatives, successots and assigns of the respective patties hereto. Wherever used the singulai~ number shall include the plural and the plural the singular. and the use of any gender shall include all ~enders. ti~ ~ ~ Si d. seal a e er in the presence of: (Seal) ~ a`^^-~ (Seaq ~ ; ~ STATE OF FLOR[DA CoUN'rY oF ~ Ss g~~pN and BERTA BLANTON also known as ` BetSoT me pUetCso~nally appeared B~~ BI.ANTON~ his Wife. ~ ~ to me well Icnown and tno~vn to me to be the individuals desctibed in and who executed tMe foteaoin6 insuument, ~ and sclcnowled6ed befae me that they executed the same for the purposes therein expresBed. WITNESS my hand and ofCcial seaf in the County and State last afaesaid this 22nd Day Of MB31~ 1971. ~ ~ • ~ . ~ ~ly Canmission Expires: Notary Public. StatG' . , illf 0 AND aECOR0E0 ~ St. LUCIE COUNTY FLA. C ~ ~ ~ ; .r• • ~ R06ER POItRAE ~ • • CIERK CiRCU1T COURt ` • ~ ~ ~ 3'~ RECORO VCRIFIEO 4; : i r: . 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