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Home My WebLink About0390 OU~t FII.E 5-23,019 ch~s mort~a~e .x other tsansiec ul titlc ~o ehe mo~t~a~{e1 ptupert~ m e~uniuuhmrnt o~ tAe ~ndebtcdne» sc.wrd Ac~en~, ~11 n~h~, utle ~nd in~erest o( ~he Nur~~a~or ~n and to any insuunce pul~c~cs i~en ~n f..r.e shalt pass ~o ~Ae putcAaser or ~~rn~ee. (h1 To prr(~Km, c~xnply W~th and ab~de b~ each an1 erery the st~pul~Uuns, a~:eements, condit~..ns a~d co~en~nta io s~~d O~u.::::s,::S' no~e rnd m tA~~ deed se~ (orth. 1 Thai ~f any o( sa~d sums ut rtwne~ heic~n refetred to Ae not promptl) and fult~ pa~d rUMn (~tteen day. nest attei tAe same seve~ally becomes due pa)'able,or d eacA and every tAe st~pulat~u~s, a~rcementa, ~onJ~t~ons and co~enants oi sa~d prwnu- sury note and th~s deed, or e~ther, are not [ully pe~fwmed, compl~ed W~t!? and ab~ded bp, the sa~d a«reeate sum mcnuoned in s~id promissory note shall become duc and payable (exthruA or thereafter •t the op~ion o[ the ~lo~t~aaee as tully and completcl~~ as tAe .a~d a~~rt~~te sum of sa~d prom~sso~y note ~vas on~~naUY sapulated to be paid on such d~y, anyth~n~ m sa~d ptom~ssor~• no~e ~r herein t~i tht :ontrary notr~thst~nd~ni. l~ 1 That m order io uceletate tht matunty u( the ~ndebtedness hereby se.ured, betauae ot the fa~lure of t~e ~tu~t~aeor to pay an)' ta*, asse+;ment, lubihty, obli~au~m .x encumbrance upcx~ sa~d propersy, as hercin pro~~ded, u sha11 not be ne.essary ~x requis~te thu ih~ mort~a~et sA~ll (~rs~ pay ihe samc. 2. The ~lottgagee may, at his optlon, and without waiving hic right to accelerate the indebtedness herehy secured and tu fortclose the same, pay either before ur aR~r delinquency any ot all of those certain obligations rzquired by the terms hereof to be paid by the Mortgagor for the protection of the mortgage security or far the col- leitian ~~f lhe ~ndebtedness hereby secured. All sums so advanced or paid by the Siortgagee shall be charged ~nto the mortgage account and become an ~ntegral part thereof, subject in all [espects to the terrns, conditions, and covenants ot the aforesaid prom~ssory note, and th~s mortgage, as fully and to the same extent as though a part uf the origina! indebtedness evidenced by said note and secured by this mortgage, excepting however, that said sums shall be repa~d the !1lottgagee fotthw~ith upon its demand and be ~n addition to the regular monthly ~nstall- mtnts provided by the mortgage note. 3. That the abstract or abstracts of titlt cover~ng the mortgaged properry shall at aU times, during !he li[e of this mortgage, rema~n in possessian o[ the !~lortgagee and in tvent of the foreclosute of this mattgage or other tran.fzr of title to the mortgaged propetty in extinguishment o[ the indebtedness secuted hereby, all tight, title and ~~tzrest of the ~lortgagor in and to any such abstracts of title shall pass to the putchaser ot grantee. To the extent of the ~ndebtedness of the Llortgagot to the \lortgagee described herein oc secured hereby, the \lortgag~e ~s hereb~• subrogated to the lien or liens and to the nghts of the ow~nets and holders thereof of each and every mortgage, lien or other ~ncumbrance on the land described hetein which is paid a~d'or satisfied, in w•ho~e or in part, out of the proceeds of the loan described herein or secured heceby, and the respect~~e liens of said mortgages, liens or other incumbrances, shali be and the same and each of them hereby is presetved and shall pass to and be held by the ~lortgagee herein as security Eo~ the indebtedness to the Alortgagee herein described or hereb}~ secured, to the same rxtent that it N•ould havc been preserved and would have been passed to and been held by the ~tortgagee had ~t been duly and tegulatty assigned, transferred. set ovst. and delivered unto the \lort- gagee b~ separatt deed of ass~gnment, notwithstanding the Fact that the same may be satisfied and cancelled of r~cord, it be~ng the intenuon uf the parties hereto that the same wilt be satisfied and cancelled of record by the holders theree~f at ~~r about the ume of the rccording of this mortgage. in thc e~ent the ownersh~p of thc mortgaged prem~ses, or any part thereof, becomes vested in a person uther than the ~lortgagor, the ~tortgagee may, without notice to the ~lortgagor, deal with such successor or suc- cessors ~n interest K~th reCerence to this deed and the debt hereby secured, in the same manner as with the ~l~.rt- ~ i gagor K~thout ~n tn~• way v~tiaung or discfiarging the ~1c~rtgagar's I~abil~ry hereunder or upon the debt hereby f ' secured. !v~ sate of the prec~i~sc, i~~rcoy murigagcu and no forbearance on the part of the 1lortgagee. and no ex- ~ F tens~on of the ume for the payment of the debt hereby secured given by the 4lortgagee shall operate to release, _ t d~scharge, mod~~V, change or affect the arig~nal I~abilit~ of the ~lortgagot here~n either in whole or in patt. f 6. The lien of this deed secures and shall cont~nue to securz Y3Y:^ani of ssid indcbitdness ot ~ndebted- ~ ~ ness, however evidenced, whcther b~• said prom~ssnry note ur am~ renew•al or extension thereo[ or subsutute there- for, or otherWise. unul all such ~ndebtedness shall ha~•e been fully patd. ~ 7. In the e~•en1 the ?nort;qa,qors sell, com•ey nr trancfer the moitRaRed preneises during lhe life of Fisis r~~ri- s t kqqe. th~n this mortg~ge shalt, at the oprion oj the .11nrt~ugee herecrc, becorne immediatety due anA paya6le Jor the jull sum ol the prenc-tpal balance and rnterest thcn due. a A The tztms "!1lortgagor" and "~lortgagee" whe:~ever used in this ~nstrument shall ~nclude tt~e hc~rs, _ pers~~r.al rcpresentaUvec, successors and assigns of the respective patties heret(~. K'herevet used thr singular number shall ~nrlude the plural and the plural the s~ngular. and the use of any gender shall include all genders. ~-C~ ~ ~ ~ Signe , sealed d c n t t presence of: ~ (Scall ~ ~ ~ ~ ~ ~ - ~ lSeatl ~ ~ / ~ ? ! ~ L STATE OF FLORIDA I d ~ ss CnU~VTY OF ~ = ST LUCIE GAI,EN L. STANLEY and GWENDOLYN L. STANLEY his wife Be~ore me ~+ersonally appeared ~ X t~ me well known and known tn me to b~ the sr~dt~sduals ~es~tebr~ Who executed the forego~n~ instrument, and arknowledged before me that the~~ ececuted the same for the purposes there?n expressed. WITNESS m~~ hand and ~~ff~cial seal ~n the Count> and State last af~~tcca~d th~s L+th d8y of November, 1971 - ~ - ~1y ('~xnm~ss~on Exp~res~ JuI1e 1975 _ ti.~tary~ Public, State uf r e i LEi! ~E ~Ovil='~ ~ ~ ~ ' ~ • - ItO~ER PO?ZII~~ . ^s RR C~RC~11 Cdif1K ~ . _ G~~' R~i1E0 . . : Rf COR`~ ~E ~ - F i`~i 5 1~ ~ ~ - 11~ ~ ; •w ' 218821 R " ~ ~ P,1GE ~ ~ Y; 6GQK .,3kS~. - . _ . _ ? ' - . , . ~