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Home My WebLink About2010 i Our fi~s 5-22,566 ~ ~his mu~~RaYe ~x otAc~ uantitc~ uf h~lc ~u ~he mu~trrred pupe~lY m c*un~u~shmen~ u~ the i~debteJne+a xecwcd hc~eby, all n{ht, utle and ~oterest ot tAe No~t~a{ut ~n ~nd tu an~ in.u~an.e pol~c~es ehen in lurce sh~ll ~ss ~o tht purchaser or ~~antee. th) To pcrfam, c~~rt+p1Y ~'uh and ah~Je b~ each ~nJ e~~n• the ~uputat~uns, r~recments, condit~oes and covenants m ca~d prum~~wry nole and m ~h~> decd sct (ortA. (i ) Th~t d any o( sa~d sum. o( ro.~ne)• hrrem rcfcrrrd to be nut pt~.mptly and [ully pa~d wi~h~o f~fteen days next alte~ the e~me sever~lly become~ due and payable, ~K ~f rach and eve~y 1Ae supuiat~ons, aR~eements, con.fil~ons snd co~enants o( sa~d prwms- sory ~ote srnf th~s deed, or euher, are not fully pertiumtl, cumpl~ed ~•uh and abidtd hy, Ihe ca~d a~~re~ate sum menuooed m ca~d {xom~asay no~e shall Dec~xne due and pay~bte (ex~hr~th o~ thercaher •t ~he ophon o[ the Mo~t~a~ee as (ully and c~mple~ely as if tAe s~~d a«te~~~t sum o[ sa~d prom~s~orY note ~vac unpnaily~ +hpulated to be pa~d o~ such d~g, anyth~ns m snd promissory note or here~n to the contrary notv~thst~ndm~t. 1 Thrt ~n order t~ acc~ler~te the matunty of the ~ndebtedness hereby secwed, beceuse ut 1he fa~ture o( the A1o~~~a~ur ~u pay any taa, aasexyment, I~rb~hty, ..b1~~aUOn or encumbrance upun sa~d prnpertY, as here~n pri.~~ded, u shell not be neces.ary ~ reQwshe that the mwt~a~te shall fust ~+ay the same. The ~lottgagee may, at his opt~~~n, and w~ithout wa~ving his right tu accelerate the indebtedness hereby secured and to foreclose the same, pay either before or aftec delinquency any or all of those cettain obligations required by the terms hereof to be pa~d by the `lortgagor for the pcotection of the mortgage security or fot the col- lection of the indebtedness hrreby secured. All ~ums ~u advanced or pa~d by the hlartgagee shall be chatged into the mortgage account and b~come an integral part thereof, subject in all respects to the terms, conditions, and covtnants ot the aforesa~d pr~~missary note, and th~s mortgage, as fully and to the same extent as though a part of the otigi~al indebtedness evidenced by said note and secured by th~s mortgag~, excepting howevet. that said sums ~hall be repaid the !1lortgagee forthwith upen its demand and be ~n addition to the regular monthly install- ments provided by the mottgage not~. 3. That the abstract ~a abstracts of titie covering the mortgaged property shall at all times, during the life of this mortgage, remain in poss~ss~~~n o( the ~lortgagee and in event of the foreclosure ot this mottgage or other tran.ftr of title to the mortgaged property in exUnguishment of the indebtedness secured hereby, all tight, title and ~nterest of the ~lottgag~~r in and t~~ any such ab~tracts of title shall pass to the putchaser ar grantee. To ihe extent of the iredebtedness of the !4fortgagor tu the !~lortgagee described herein or secured hereby. the !1lortgagee ~s hereb~• subrogated to t~he lien or liens and ?c~ the nghts o[ the owners and holders thereof of tach and evety mortgage, I~en or other incumbrance on the land described herein which is paid and!or satisfied. in w•hole ot in part, out of the proceeds of the IoaA described herein or secured hereby, and the respective liens of said mortgages. liens or other incumbrance:, shali be and tha same and each of them hereby ~s preserved and shall pass to and he hcid by the \ior~gagee herein as security for the indebtedness to the Mottgagee herein described or hereby secured, to the same extent that it Nould have heen preserved and would have been passed to and been held by the \k~rtgager had ~t heen duly and regulariy ass~gned, transferred, set over. and deliveted unio the Mort- gagee b~ separate deed of as,~gnment, notwithstanJ~ng the fact that the same may be satisfied and cancelled of record, it be~ng the intcnti~~n of the partirs hereto that the same will be satisfied and cancelled of record by the holders thereof at c~r about the time af the recording uf this mortgage. S. In the e~•ent the ownership ~>f the mortgaged premises, or any part thereof, becomes vested in a petson Mher than the \lortg~gor, the ~lortgagee ma~•, w~thout nouce to the 4lortgagor, deal with such successor or suc- cessors in ~nterest Nith reference to this deed and the debt hereby secured, ~n the same manner as witfi the ~1ort- gagor ~ithout in an~~ way vit~aung or 3~scharging the ~lortgagor's Gability hereunder ot upon the debt hereby serured. No sale of the premisea herehy mortgaged and nc~ forbearance on the part of the Aiortgagee. and no ex- tensian of the time for the payment of the debt hereb~• secured given by the ~lottgagee shall operate to t~lease, discharge, modify, change or affect the ong~nal liat~ility of the 1lortgagor herein eithet in whole or in patt. 6. The lien of th~s deed secures and shatl continue to secure paym~nt o[ said indebtedness or indebted- ness, hov?ever evid~nced, whether by said promiss~,n• note or any renew•al or extensian thereof ot substitute there- fut, or otherK~se. until all such inJebtedness shall ha~•e been fully paid. ~ 7. /n the erent the mrnt~aQo?s sel1. com~ey or t~ans(er the mo?tRaged pre?nises du~ing the lije oJ this mort- f gage. ~hen th~s mortga~e shall, at the opnon o/ rhe lfortRaqee he?ein, become ~mmediately due and payable Jor the jull suni oj the pnnc~pal balance and inte?est thrn due. 8. The terms "tilortgagor" and "~lortgagee" whenever used ~n this instrument shall include the heirs, pecsonal representatives, surcessors and assigns of the respective patties hereto_ Wherever used the singular number shall ~nclude the plural and the plural the s~ngular, and the u,e of any gender shall include all genders. _ ~ ~ ~ ~i~-. Signed, ealed d cer in t pres ce of~ J-/7`~`r~=~ /'y (Seal) : ~ ~ (SeaU ~ ~ STATE OF FLORIDA I COUNTY OF ~ ` ~ 8~~~~STme LUCIE~` a earedFREDERICK OTTO KRAMER 8~1d AIMA L. KRAMER~ h18 w~fe ~ P~ . PP r~ to me well known and known to me to be the ind~viduals described in and who eaecuted the foregoing instrument, s~: ~ and acknowledged before me that they executed the ,ame for the purposes therein exPcessed. WITNFSS my hand and otf~cial tieal ~n the ('nunt~ and State last afore~aid th~s 2$t~1 D8~1 Of Atl St~ 1971 ~ ' r~ ..a~~ t. ~ ~ ~iMUtiii „ ~ ~ ~ June 30 1975 Flo e ~ ~1y Comm~ssion f:xp~res~ _ s Notary Pu , State ~f ~ ' ~ '•ti G~ ~ ~ ' ~ - v :z G` . •tp ,c_ i : e ~G - {-t 1 tJ A : s~~•, r`'~~~ = F r LU S,. . ~ .=t, t w j I!-~ I C ~ , tl ~ ~~CiU ~~Li ~T~, ,?z•f c j~~ilt~_j:~ X % 3 ••'~f~ : , - - ~ i ~ J ~ _ sEPir?t - •,~ON~ •~-1~',~~~~ i ~ ~`j~~~ ~ 8 4 0= u R 1y5 ~~E 20a8 - h..,,,N.,,. vi ir~r.as r:~~.ac ~1e BJOK ''L:. 19u112 ~,Vis P s, _ - ~ `