The URL can be used to link to this page

Home My WebLink About2393 - Our File 5-22,605 ~ th~s mat~ase or othe~ U~nsle~ ol ~~tle ~o ~he mort~a~ed ptoper~y ~n ea~~nsuishment of the indebtedness secured he~eby, sll n~ht, t~tle and iate~eat ot the Mattaiw ~n and to any ~nsw~nce polic~es then ~n fotce sh~il p~ss to the pucch~ser w ~r~ntee. (h) To pe~(am, comply rritA and •~~de by e~ch and evety tl?e st~pulal~ons, ~~reemeats, cond~t~ons aad covenan~s ~n said p~om~+awy nole and in th~a deeJ set (orth. ) That i( any of s~~d aums ol moncy he~e~n refetred to be not promptly ~nd fully pa~d w~th~n fifteeo days neat a(ter the s~me sever~lly becanes Jue and payable,a ~f each ~nd every the sUpul~t~oas, ~~teea~eets, conditioas and coveeants ot aa~d ptom~s- say note and tAis deed, ot eitht~, are not (ully pertora~ed. caaplied rr~U~ aad abided sy, tht said aure~~te sum ment~oned ~n said promissory note shall beeome due an~' payaple tath~ritl~ or tAere~(tec •t tAe option o[ ~he Mwt~s~ee as fully and coropletely as if the c~id a~fre~a~e awa ot ~a~d promiasory note ~ras or~jinally atipulated to be paid on such d~y, anylA~n~ io i~id pomissoty no:e o~ here~n ~o ~he conlraty notrithat~odina. ) That ~n order to ~cceler~te the matunty o( ~he indepteAeesa Aereby secu~ed, becau~e o( the t~ilure of the Mort~~~or ta pay a~y ua. assesameet, liab~lity, obli~ation or encumbrance upon aa~d property, as herei~ ptov~ded, it shall not be aecessary or repu~site th~t ~he mort~a~ee shall f~rst pay ihe s~me. 2. The Mort~agee may~ at his option. and without waiving his right to accelerate the indebtedness heteby secured and to foreclose the same. pay either betote or aftet delinquency any or all ot those certain obligations required by the terms hereof to be paid by the Mort~adot for the ptotection of the mort~ase security ot for the cal- lectio~ of the indebtedness hereby secured. All sums so advanced or paid by the Mottgasee shall be chat~ed into the mort~age account and become an intesral part thereof. subject in all respects to the terms. conditions. a~d cavenants of the afaesaid promissory note, and this moctgage. as fully and to the same extent as thou`h a part of the orisinal indebtedness evidenced by said note and secured by this mortsa`e. exceptin~ however. that said sums shall be tepaid the Mortgagee forthwith upon its demand and be in addition to the regular monthly install- ments provided by the mottgase note. 3. That the abstract or abstracts of title covering the mortaaaed property shall at all times, during the life of this mortgage, remain in possession of the Mortgagee and in event of the foreclosure of this mottgase or other transfet of title to the mortgaged property in extinguishment ot the indebtedness secuted hereby. all right. title and interest of the Mortsagot in and to any such abatracts o[ title shall pass to the Qurchaser ot `rantee. 4. To the extent o[ the indebtedness of the Mottsagor to the Mortgagee desccibed herein or secured hereby, the Slortgagee is hereby subtogated to the lien or tiens and to the rights of the owners and holders thereof of each . and every mortgage, lien or other incumbtance on the land described hetein which is paid and/or satisfied, in whole or in part, out of the proceeds of the loan described herein ot secured hereby, and the respective liens of said mortgages, liens or other incumbrances. shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it would have been pteserved and would have been passed to and been held by the ~tortgagee had it been duly and regularly ass.igned, transfeaed, set over. and delivered unto the Mort- gagee by separate deed of assignment. notwithstanding the fact that the same may be satisfied and cancelled of record, it being the intention of the parties hereto that the same will be satisfied and cancelled ot record by the holders thereof at or about the time of the recordina of this mortgage. 5. In the event the ownership of the mortgaged premises, or any patt thereof, becanes vested in a person other than the !~lortgagor, the Alortgagee may, without notice to the Mottgasor, deal with such successor or suc- ccssors in interest with reference to this deed and the debt hereby secured. in the same manner as with the Mort- gagor without in any way vitiating or discharging the Mort~a6or's liability hereunder ot upon the debt hereby secured. No sale of the premises hereby mortgaged and no [orbearance on the patt of the Mort~agee. and no ex- tension o[ the time for the payment of the debt hereby secured given by the Moctgatee shall opetate to release, ' discharge, modify. change or affect the original liability of the MortEagot hetein either in whole or in part. 6. The lien o[ this deed secures~ and shall continue to secure payment of said indebtedness or indebted- ness. however evidenced, whether by said promissory note or any renewal or exteesion thereof or substitute there- tor, or otherwise, until all such indebtedness shat! have been fully paid. ~ 7. /n ~Re e~~en~ the mortgagois sell, convey or transje~ the ~nortgaged pren~eses duiing the IiJe of thes rnort- F Rage, then rhis rnortgage shall, at the option oj the Mortgagee herein, beco?ne inunediotely due and payable Jor the ~ Jull su~n oJ the principal balance and interest then.due. ~ 8. The tertns "Mortgagor" and "MottEagee" w~henever used in this instrument shall include the heirs. ¢ personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ numbrr shall include the plural and the plural the singular, and the use o[ any gender shall include all genders. ~ ~ Sign d. seale 1 ere ~ the presence of: ~e C~ ~ eal) t ' ~~-u-~'- ' eaD STATE OF FLORIDA I ~ ss COUNTY OF~ ST. LUGIS GS08GE WA3HI1~GT0~ and ROS'~l, LIPDE$ 1dA3HIBGT08, ~ Before me personally appeared ~e Wi=~ ~ forserly kaoxn a.~ L~D~. ` ta me well know~n and known to me to be thc individuals desetibed in and who executed the fore`oin~ instcument, ~ and acknowledged before me that they eaecuted the same for the purposes therein exptes~ed. MIITNESS my hand ~ and offic~al seal in the County and State last aforesaid this llth Dt~ OZ $Apt~4bsr, ~.9n ~ ~ . My Commission Expires: Notary Pablic. Stat a ~ kECOR0E9 : _ ' f 1~E0 AM? Mj`f f1.~- - . ; , : ~u~tiE COU ~ 4. . i st~ ROGEP P~~tRA~~t ~ ~ = : ~ F \ CpROYERf1E~c r~~~ -~.~i~i:~oi: aEC ~,11 - ° ° : `.r 23 ~ a Sft ~ 2 ~y5 g~ ~-~,.n~,~:.:.,.~,. ~.s~~ ~n~K 3 'f °a- ~sY.~3 .ar.s~' . - sA~iF^~C~~~~