The URL can be used to link to this page

Home My WebLink About2499 Qur file 5-22,648 th~s mwt~ate cr lu~s(a o( utlc to ~he mo~t~a~ed ptope~ty m eaunau?shment ol tAe ~nde~ledness secwed hereby, all ti~ht, hlle ami ~ntere~~ 01 the Mat~aaa m and to sny msura~ce polic~es ~he~ ~n (orct ah~ll pass ta the putcA~yer or ~ranlee. (Al To perl~vm, comply ~r~lA and aD~de by eacA and every tAe supulaUOns, a~~eements, cond~hoos and coven~nls ~n sa~d promnsory note am! ~n th~~ deed se~ fort~. That ~t ~ny ot eaid aums of mo~ey herem ~rfe~red to be ~ol prompUy and fuily pa?d w~~tA~n hfteen days neat a(ter the same scverally becomea due ~nd payable, or ~f e~ch and ercry the sUpul~uons, ~~reements, cond~~~uns snd covenanu of sa~d ptwn~s- say note aod th~s dted, or e~~hcr, ue not tulty performed, compl~ed with and a~~ded by, the sa~d s{~repte sum menuoned m sa~d ~xwmssay note shall becane due and paY~Dle fortAw~th or therea(ter at tAe optic+e~ ot tAe Mo~t~s~ee as fully and complelely ~s if the c~id a«rci~te swe of aaid ptomissory note vras on~inally st~pul~ted to be paid on sucA d~y, anyth~n~ in ~~id promissory note o~ here~n to ~he contrary not~•~~hYt~ndm{. / That in order to ~cceler~te ihe matunty of the indebtedness here~y secwed, becauie ot the fa~lure o( tAe Q1at~a~or to D~y a^Y ~is• assessment, lubil~ty, obli~atian or encumbr~nce upon sa~d p~o~+erty, as herei~ prov~ded, ?t shall not be neces~ary or reQuisite that the m.xt~a~ee aMll f~rst pay Ne same. The Mortgagee may~ at his option, and without waiving his tight to accelecate the indebtedness hereby serured and to foreclose the same, pay either be[ore ot after delinquency any ot all of those certain obligations required by the terms hereof to be paid by the Mottgagor for the pr~tection of the mattgage secucity or for the col- ! lection o[ the indebtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into ~ the mortgage account anJ become an integral pazt thereof. subject in all respects to the terms. conditions. and covenants of the aforesaid promissory note. and this mortgage. as fully and to the same extent as though a part the original indebtedness evidenced by said note and secured by this mortga~e. excepting however. that said sums shall be repaid the Mortgagee forthwith upon its demand and ba in addition to the regular monthly install- m~nts provided by the mwtgage note. 3. That the abstract ar abstracts of titlc covering the mottgaged ptoperty shall at all times. duting the life uf this mortgage, remain in possession of the Mortgagee and i~ event of the foreclosure of this mortgaae or other trans[ar of title to the mortgaged propertp in extinguishmont ot the indebtedness secared heteby. all right, title and interest of the Mortgagor in and to any such abstracts of title shatl pass to the purchaser or grantee. 4. To the eatent of the indebtedness of the Mortgagor to the Mortgagee described herein or secuced hereby. the ~lortgagee is hereby subrogated to the lien or liens and to the tights of the ownets and holders thereof of each and every mortgage, lien or othet incumbrance o~ the land desctibed herei~ which is paid and/or satisfied, in w•hole or in part, out of the proceeds of the loan described herein or secured hereby, and the respective liena of said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall pacs 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 preserved a~d would have been passed to and been held by the ~lortgagee had it been duly and regularly assigned. tra~sferred. 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 o[ the parties hereto that the same will be satisfied and cancelled of record by the holders thereof at or about the time of the recording of this mortgage. 5. In the event the ownership of the mortgaged premises. or any part thereof. becomes vested in a person other than the Moctgagor, the ~lortgagee may, without notice to the Mortgagor, deal with such successor or suc- ~ cessors in interest w•ith 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 Mortgagor's liability hereunder or upon the debt hereby : secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no ex- ` tension of the time [or the payment of the debt hereby secured given by the Mortgagee shall operate to release. discharge, modify, change or affect the original liability of the Mortgagot herein either in whole or in part. 6. The I~en of 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 extension thereof or substitute there- ; for, or otherwise, until al[ such indebtedness shall have been fully paid. ~ 7. In the event the mo~tgagors sell, convey or tronsfer the mortgaged premises during ~he lije oj this rnort- ~ xaRe, then this mortgage shall, at the op~ion oj the Alortgagee herein, become inunediately due and payable for the jutl sum oJ the prcncepa! 6alance and interest then due. 8. The terms "Mortgagot" and "Mottgagee" vvhenever used in this instrument shall include ihe heirs, personal representatives, successors and assigns of the respeciive parties hereto. Wherever used the singular number shall include the plural and the plurat the singular, and the use of any gender shall include all ge~ders. ned, se deli e d i the presence of: (Seal) ~ F ~ ~1~r~ (Seal) i ~ STATE OF FLORIDA I COLNT~F~I~ ~ ss • SAMUEL ~~ARRIS, JR. and PEGGY ANN HARRIS, his wife . Befote me personally appeared A: to me well known and known to me to be the individuals desctibed in and who executed thc fotegoing instrument, ~ and acknowledged befare me that they executed the same for the purposes thetein expressed. WITNESS my hand ~ and off~cial seal in the County and State Iast aforesaid th~s 9th nay Of ember, 1971 ~ ~ ~ June 30 ~ •~Fl~ a Lat e ~ tily Cc~mm~ss~on F:xp~res: Notary f'yS1ic~ Stt~te of, ~ F~~€~' ouNtr F~ . ~ - . _ S1.lUC~~rr~;01TIl~S _ CIERK ~~''•CUIt COORt ~ ; ~ -~f~EO _ . afGOad y~ ~ ~ 2~ 110o AN'11 - ~ , ~ ~ ~ 216069 aoac 1~J ~cc 2~y7 s . „ t: _ ~ ~ L._~_~' . . ~