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Home My WebLink About2192 Our File 5-23,163 ~R~. m.~~t~~rc ~x o[hr~ tr~n.iici ot tule to iAe martKageJ pro~+e~t~ ~n eu~n~uianmertf the ~ndebtedna.c sccu~cd A~~en~, all ri~A~, c~tie ~ ,nd ~n~erc.t of ~Ar No+i~a~w ~n .nd w~m ~n.uran.~ p,~l~ru. it+rn ~n ;.::,r sAall pass to t~e pwchaaer or ~untee, , Ihl To pcr~o~m, c wnpi~ +•~tA and ab~de b) ~acA and c~en tAe .upulations. :~recments. cond~tion. and co~enants ~n ca~d prom~.s.a> note and ~n th~. der~ se: .`ortA. (~1 TAat ~f an) o( ~a~d sums o! monr~ ~~~ein rrtrrced to bt nnt procnptl> and full> pa~d ~~1A~n fihten days ne~t atu~ ~ the same se~eralty becomes due an~! pa~anle,ar ~t eaih •nd eren tAe stipul~hons, ~~~eements, :und~uons and co~enants of sa~d prum~s- 3 sc.ry note and this dted, or euAer, are not fuUy per(cumcd, compl~ed Mith and ab~ded ~Y, ~he sa~d a~~re~ate sum menuoned u[ sa~d ~ ~xumissor> note shall beccxne due and paya~le fortAr~th ur tAercatter •t tRe ophon o( the ~I.utRa~ee as tully and :ompletelY as ~f tAe t said a«re~a~e sum ot sa~d promissory note 4~s on~~nati~ sppulated to ~c pa~d on such d~y, an~th~n~ ~n sa~d prom~s~ory note or here~n ~ t.. ihe ~cx~uuy noiwuhs~andm~. + 4 1 Thit m orde~ to accrlcr~tt the matunty ot the indebtedness hece~y sec~utd, because of the fa~lure o( tAe No~t~a`or ~u pa~ any ~a~, ~ assexsment, I~ab~l~ty, obl~~at:on or en:umhrartce up.~n sud prope~~Y. hercm pro~~ded, ~t shall not be ne.rs.ar> or ~equis+te Na< <hr monEagte sAall first =+ay tAt same. 2. The ~lortgagee may, at h~s opt~on, and without waiv~ng his nght to accekrate the indebtedness hereb} ~ ~erured and ro(oreclose the same, pay either before or after delinquency any ot all of those certain obligat~ons , rzquired by the ttrms hertof to be pa:d by the ~lortgagot for the protection of the mortgage securit~• or Cor the col- ?ert~on of the indebtedness heeeby secured. All sums so advanced or paid by the !~lottgagee shall be charge~ i~to the mortgage account and become an ~ntegral part thereof, subject ~n all respects to the terms, conditions, and covenants of the aforesa~d prom~sson• note, and this mottgage, as lully and ta the same extent as though a part ~ of the origmal indebtedness ev~denced b}• sa~d nott and secuced by this mottgage, excepting however, that said sums shall be rcpa~d the \lortgagee forthv?•ith upon ~ts demand and bc ~n addition to the regular monthly instail- ments provided by the mortgage note. , ` 3. That the abstract or ahstracts of title cavering the mortgaged ptopert}~ shall at all times, during the life of th~s murtgage, rema~n in posszss~on of the ~lortgagee and in event of the foreclosure of this mortgage or other tran+trr oC title to the mortgaged property in ettinguishment of ihe indebtedness secured hereby, all right, title and intecest of the \lottgagor ~n and to an~~ such abstracts of title shall pass to the purchaset or grantee. 4. To the extent of the indebtedness of the N~~rtgagor to the !1lortgagee described herein or secuted hereby. the \lortgagee ~s hereb~• subrogatcd to lhe I~en ot l~en~ and to the tights of the ow~ners and holders thereof of each and ever~• rnurtgage, lien or other ~ncumbrance on the land desenbed hertin which is paid and-or satisfied, in ~hole or ~n part, out of the proceeds of the loan described herein or secured hereby, and the respective liens of ~aid murtgages, liens or other ~ncumbrances, shall be and the same and each o! them heteby is preserved and shall pas~ to and be held b>~ the ~lortgagee herein as security for the indebtedness to the ~~ortgagee here~n described or hereby secured, to thn same extent that it would have beert preserved and would have been passed to and been § held by the \tortgagee had it been duly and regularl}• assigned, transferted, set over, and delivered unto the `lort- = gagee b} separate deed of ass~gnment, notwithstanding the fact that the same may be satisf~ed and cancelled of ' record, it be~ng the ~ntention of the parties hereto that the same will be satisfied and cancelled of record by the r holders thereof at .~r about the t?me of the recording of this mortgage. 5. ln the event the ownersh~p of tne mortgaged premises, or any part thereof, becanes vested in a person ~ other than the ~4ortgagor, the ~lortgagee may, K~ithout notice to the ~lottgagor, deal with such successor or suc- ~ ~ cecsors in ~ntetest Nith referenre eo this deed and the debt hereby secured, in the sam~ manner as with the ~1ort- ' gagor N~thout in an~ way v~Uat~ng or d~schatging the ~lortgagot's I~ability hereunder or upon the debt hereby ~ serured. No sale of the prem~ses hereby mortgaged and ~o forbearance on the part of the !~lortgagee, and no ez- ~ tensi~n of the ume for the pa~•ment of the debi hereby secured given by the ~~ortgagee shall operate to release, ~ discharge, mod~fy, change or affect the original l~ability of the ~lortgagor herein eithec in whole or in part. ~ b. The i~en o! this deed secures and sha(1 continue to secute payment of said indebtedness or indebted- f Y' ness, howe~~er ev~denced, whether b~• said promissor~~ note or any renew~al or extension thereof or substitute there- t - for, or otherwise, unt~l all such indebtednes~ shalt have becn full}• paid. - 7. In the e~•ent the mortgago?s sell, com•ey o? hQnsfer the morigaged p?emises during the lije oj this mort- ; kaqe, then thls ?nortgage shafl, at the option of 1he Alortgagee he~ein, become ~mmediately due and payable Jor the ~ fu(1 sum oJ the principal halance and enterest then due. i - 8. The terms "~lortgagor" and "~tortgagee" whenever used in this ~nstrument shal! include the heirs, ~ Y per~onal representateves, successors and assigns of the respectiee parties heteto. Wherever used the singular numb~r shall include the plural and the plural the s~ngutar. and the use of any gender shall inctude all genders. f t _ ~ . ~ Ssg , seated d de er ~n the presence of: (Seal) ~ r~ (Seal) ~ > f , ~'~c,..-~ <~.-.Le r~ ~s ~ _ = STATE OF FLORIDA ~ COUNTY OF~X ~ ~S ` ST. LUCIE _ Before me personally appeared RUBIN CROMES, an unmarried IDSII to me well knovvn and known to me to be the individuals dcscribed in and who executed the foregoing instrument. and acknow•ledged before me that they executed the same for the purposes therein expressed. WITNESS my hatid ~ and a(f~ciai seal in the Count} and State last aforesaid th~s Z7t~1 D8y of November, 19]1 ~ ~'~'s .\`,~'~Ttlll!11J2 . ~y u , ,r' . : r ~ : _ y ' ~ q . ~ i _ ~~4 = _ ~ty~ Commission Exp~tes: JuIIe 3~ 1975 Notary Publ~c, State of F2o _ e G. :1,, _ ' F1LE~ ~kC ~cC9P~E - = ~ . : ~ ~T. WGtE COUNt1t flA. s : - ~ ~ ~ kOCEP POITRI~S h':: , ~ CtERK CtRG1lIT COURT C~ 'y ~~7 a q t~jt.~`~` ` ; REG~RD ~EP'~~E~ z ~ ~aoK ~.9~ ~~2190 { DEC 6 4 °1 PM ~ _ , - z; ~os~ .