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HomeMy WebLinkAbout1015 o~lr filP numt~er 5-2~,178 ih~s m..~t~~~e .w .uhc~ tran,tc~ ul uil-. i., thr moitr~~e~ ~rupc~t~ ~n t~tm~uuhm:at ot tAe ~ndtl~[ednt~..e.wvd hc~eht. alY ~~=h~, hele an.f ~n~t~e.t nl tAe \4u~t~a~a ~n ~ta1 tu any ~n.uun~ e pol~: ~e~ ~Aen ~n iwce xhall p~as to tAt puttiAaser ~u ~~ancee. lh1 T.~ pc~l.~m. ~umplv +~ih •nd a~~Je Ay each ?ed c~cr~ the ct~puls~~.ins, s~~eemenu. tond~U.:~. •od ~o~en~ntc ~n .a~J pr.•m~.aot) 4 nate •nd ~n ih~. deeJ xet (wth. 1 TAat d any of .aid sum~ ot mone> hcre~n ~etrrrel i.~ be not p~umpth anJ (ully pa~d ..~th~n tdtceo da~z ne~t ~Iter ~he same se~eully beccunes due and payaAte,ir ea:A rnd ercr~ the st~pulal~ons, •~~eements,.ond~U.•na and ro~enan~. sa~d p~.rnis- sivy eote and tA~s detd, ur ~uhc~. are not iutly per(~wmed. ..wroplied ~uh aed ab~ded A~~. ihe .a~d srsre~a~e swn menuc.ncd in sa~d ~.xn~ssix~ eote sha11 bec.rne due and pa>~ble (~xth~~tA .a the~eatter ~Ae o{+h..n ot tAe ~1urtKa{ee as fully and compl~tely as d the ~a~d ati~e~ate swa o! said p~om~sso~y nnte ~ras un~~n.ll> cupuiated to be pi~d on xuch d~y, anyt~~~~ ~n as~d {vom~sao~y no~e or Aere~n tu ~he :~+~rary no:~nhst~nu~n~. ~ 1 That ~n u~der to a.celer~te tAe matur~ty of tht inde~tedness he~eby ce.ured, because o( the fa~ture of tAe \tu~~~+~.~~ 1~~ pa) -nY ,.sse.~ment, Iub~1~t~, obt~~ae~un ~x en.umb~an.e upon ~a~d ,~ope~ty. •a herc~~ p~u~~ded, ~t chall not be ~e.ex.ary or rcyu~sue ~T~t the mort~nree sAall (ust My tAe same. The ~1c~rtgagee may, at his opt~an, and without waiving h~s ri6ht to accelerate the i~debtedness herebf .ccured :~nJ to iorecluse the ~ame, pay either betor~ or after deliny.~z~cy any ot all of those cert~i~ obligat~~~ns rtqu~red by the terms hereof to be paid by the \lortgagor for the protection of the mc~rtgage secutit> ot for the col- ;tcuon ~~f the indtbtedness hereby secured. All wms su advanced or paid by the !?iortgagee shall be char6ed into the mortgage account anJ become an ~r~tegral part thereof, subject ~n all tespects to the tetm., conditions, and ~uvrnants oi thr af~~rtsa~d ptum~ssur~ n~~te, and this mottaage, as fully and to the same extent as though a part .+f t,he original indebt~dness ev~denced by said note an.i secured by this mortgage, excepting however, that saiJ .ums .hall be repa~d the !?iortgagee torthw~ith upon its demand and be in addieion ta the cegular monthly install- mrnts provided by the mortgage nota. That the abstract or abstracts of title c~vering the murtgaged ptoperty shall at aU times, during the life .•f this murtgage, remain in ~u~ssess~on of the \lortgagee and ~n event of the forcclosure of this mortgage or other tran.ier of title tu the mortg3ged property in extinguishment of.the indebtedness secured hereby, ail right, title and ~nterest of the ~lortgagor ~n and to an~• such abstracts of title shall pass to the purchaser or grantee. ~1. To the extent of the ~r.debtedness of the N.irtgag~~r to the !1lortg:~gee desct~bed herein or secured hereby, thc Vortgagee ~s nereb~• subrogated to the I~en or lienx and to the rights of the ov?~ets and hotders thereof of each and e~~er~ mortgage, lien or other incumt+rance on the land descnbed herein w~hich is paid and'or satisfied. in wfiolt ur ~n part. out of the proceeds of the loan described herein or secured hereby, and the cespective liens of aaiJ martgages, liens or other ~ncumbrancrs, shall b~ and the same and each ot them hereby is pteserved and shall pa.s tu and bn c~ld by the \lortgagee he~ein as ,ecurity for the indebtedness to the ~lortgagee herein described or herebv securzd, t~~ thr same e~tent that it woutd have been preserved and would ha~e been passed to and been held b~ the \k~rtgagee had ~t been ~uly and regularly assigned, transCened, set ovet, and delivered unta the ~1ort- gagee b~ separaie deed of ass~gnment, notwithstand~ag the fact that the same may be satisfied and cancelled o( rzc~~cd, ~t be~ng the ~nt~nhon ~,f the parties hereta that the same will be satisfied and canceUed of record by the holders thereoF at or about the ume of the recording of th~s mortgage. 5. In the ecent the ovrnersh~p of the mortgaged premises, or any pari thereof, becomes vested in a person uther thaR tht \k~rtgagt~r, the \lottgagee may. without nouce to the ~lortgagor, deal with such successot ar suc- cessors ~n ~ntcrest W ith reCerence t~? this deed and the debt hereby secured, in the same manner as v?•ith the \tort- gagor w~thout in aay way c~uat~ng ur d~scharg~ng the \tottgagot's liabiliry hercunder or upon the debt hereb}• cerured. tic? sale ~•f the prtmise. h~rebt• mortgageJ and no forbearance an the part of the ~tattgagee, and no ex- ten.~~m ~t the t~me (or the payment of th~ Jebt h~reby secured given by ~he Nortgage~ shall operate to release, i discharge, mod~fy. ~hange or affect the ~rtg~nal I~ab?lity of the ~tortgagor hereiR eithet in whole or in part. b. The I~en ot th~s deed secures and shall continue ta secure papment oC said ~ndebtedness or ~ndebted- ~ ness, huwever ev~denced, whether b}• said prom~ssory note or am• renewal or extenswn thereof or substitute there- ~ f.~r_ :~r uthetwise, unhl all such ~r,debtedness ~hall ha~•e been full~• paid_ ~ 7. ?n the c•~ent the mortgaRors sell, conre~~ or transfe? the mortgaged premises during the liJe oJ this mort- ~ ~ucr. then th~s mortKaRe shall, at the option of the .11ortRugee herem, become imfiediately due and payable (or the ~ iull su?n oI the ~rinc-~pal halance nrsd ~nterest th~•n duP. < H. The terms "Vurtgagor" and "\tortgagee" whencver used ~n this ~nsuument ~hall include the heirs, ? pers~.nal representat~ves, successors and ass~gns of the respective parties hereto. M'hercver used the s~ngular ; nun~brr sfiall ir,cluJe tir.e plural and the plural the sin~ula:. and e u d of an~ gender shall ~nclude all gend~rs. . ; G'~ ` gnrd, ~e lic ed ~n t presence of: - ISeaU . ' , ' ~ u-~~ (SeaU ~ C~ ~ ~ ' - STATE OF FLORInA I ~ c'~~~~TtiS~.~IE JOHN P. CASEBIER and NELTA CASEBIER, his Wife Formerly Known As NEL~A JENKINS also Formerly ~ B~G~re me personall~ apprared ~OW[1 aS NELTA TYSON ~ ~ s~~ me well knoyn an~ known ta me tz~ be the ~!sdividuals descnbed in and who executed the fotegomg ~n~.trument, ~nd acknouledgeJ F+efote me that the~ eiecoted the same for the putpases thete~n expressed. WITtiESS m~• hand ~ en~! i~ff~cial .eai ir. !he (~ount~ an~f State iast af~~re~aid th~s lSth day of Jul 1971. ~ ~ ~1~~aJJ ri ~ ' ai ~ I ~ ~t>~ Cumm~ss~on Expires: _ Jut1e 30, 1975 1~~tary Pubi~C, $tate bf at ~.8 ~ ~ItEO AMD t~ECORCEp _ " ST. LOC~E COUNTY fU. - _ _ ~ ROCER POITRAS ' ~ ' _ CIEAK CIRCUIT COURT ' : ~ QECt~R~1iER1fIE0.....~+.~- ' Yr,~ ~ :r-t:': ' _ ~ Ju~ ~9 2 oz PN' - - ~ n C . ~ 194 1015 , . . ~ f'"-'+-' - - _ - . . - _