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Our File 5-23,188
• th?s sa<<a~e a oihcr tr~aife~ ot ~ule to ~Ae mor~sa{ed poperty ?e ea~?n~u~sAmea~ ot ~Ae ~ndcltedaess secwed Aereby, •11 r~~ht, ~~tlt ~
and ~nletest ot tAe Ubcl~aaa ~e and to any ~nswance polic~ea tAee ~n force sh~ll paas to lAe pwch~se~ or ~t~n~ee. !
(A) To pertam, cosP1Y ~~th and •E~de by e~ch sad every tAe st~pul~t~ons, ~~reeiwents, cond~~?ons ~ed .ovenan~s in s~id prom~saoty
noie ~nd ~e iA~a deed set torth.
) That d any of s~~d suos of money here~n ~e(erred tu be not prompUy aed (ulb' pud ~•~~h~n (~fteen days neat at~e~
the same severally beea~ta due sad p~riElt,or ~t e~cA aad every tAe st~pul~tions, ~~reements, coed~uons ~ad coren~nta of aa~d proaus-
sory note and thu deed, o~ e~tAe~. are not (ully perfamed, coenpl~ed +r~th snd ab~ded py, tAe sa~d aueepte swn ~uenuontd ~n sud
poaussorY no~e sAall became dut and psYable f~xtAr~W a tAereafter •t tAe op~~o++ ot the Mataa{te as tully and coenpletely as if tAe i
s~~d ~~ae~~te suw ot said pam~sswy aote r~s or~~inaliy supu:~ted to be pa~d on sucA daY. ~nylA~oj ~e sud ptom~ssory note a Aerein
io tAe contr~ry not~qAst~nd~n~. + ~
1 That ~r~ o+der to accelerate the ma~ur~ty o( the ~ndebtedness Aeresy secwed, Aec~use of tAe (a~lure of the Mwt~~~or to paY ~~Y ~a~. ~
as+essment, Iub~Gty, oEl~s~tion a enw~nCrance upnn sud p~operty, as hete~n pronded. u sAall not ~t neces.ary or rt~wsut Ua? the ~
mon~~tee sAail (us~ pay tAe same.
The \iurtgagee may, at his opuan, and w~ithout waivin` his right to acceletate the indtbtedness heteby
secured and to forectose the same, pay eitber before or after deli~quency any or all of those certain oblifations
requ~red by the terms hereof to be paid by the ~lortga~or far the protection of the mactsa`e security ot for the col-
lect~on of the ~ndebtedness hereby secured. Ali sums so advanced or pa~d by the Mort~a~ee shall be char~ed into
the mortga~e account and become an inte=ral pazt thereof, subject in atl respects to the terms, conditions, and ~
c~~vrnanis ~f the aforesazd prurn:ssarY rtote. and this nwrt~sse. aa (ully ~nd t~ the same e:tent as thouah a part
o[ the ori~inal indebtedness evidenced by said note and securcd by this mottgage, excepting howevet, that said
sums shalt be repaid the M~ntgaaee fortnwith upon its demand and be in addition to the regular monthly i~stall-
ments prov~ded by the mort~sse note.
3. That the absuact or absvacts of title coverin~ the mort~aged property shali at all times. durin~ the life
rf th~s martgage, remain in possession of the ~lortgagee and in event of the foreclosure of this mort~ate oc othec
transfer a~ title to the mortga6ed property in extinguishment of the indebt~dness secured hereby. all ri~ht, title
and ~nterest of the ~lortgagor in s~d to any such abstracts of title shali pass to the purchaser or 6rantee.
a. To the extent o[ the indebtedness of the 4brt~agor to the Mortgaget desecibed hecein or secured hereby,
the ~lortga6ee is hereby subrog~ted to the lien or liens and to the rights of tfie owners and holders thereof of each
and every mortgage, lien or other incumbrance o~ the land described herein which is paid ~nd'or satisfied. in
whole or in part, out of the proceeds of the loan described he~ein or secured hereby. and the respective liens of
~aid mort`ages, liens or other incumbrances, shalf be and the same and each of them her~by is preserved sud shall
pass to and be held by the ~~ortga6ee herein as security for the iodebtedncss to the Aiortgagee herein described
or hereby secured, to the same extent that it would have been pteserved and would fiave been passed to and been
held by the Alortgagee had it been duly and regularly assigned, transfened. set over, and delivered unto the Mort-
gagee by sepatate deed ot assignment, not~vithstandina the fact that the same may be satisfied and cancelled of
record, it bein~ the intent~on of the parties hereto that the same will be satisfied and cancelled ot record by the
holders thereo~ at or about the time of the recording of this mortgage.
5. In the event the ownetship of th~ mortgaged premises, ot any part thereof, becomes vested in a person
other than the N~rt6agor, the Nortgagee may, without notice to the Mortaasor. deal with such successot or suc-
cessors in intetesi with reference to this deed and the debt heteby secured, in the samt mannet as with the Mort-
gagor without in a~y way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby
secured. No sale of tht premisec hereb~~ mortgaged and no farbearance on the patt of the hbrtgagee, and no ez-
tension of the time for the payment of the debt hereby secured given by the !Nottsaaee shall operate to release.
' discharge, modify, chanEe or affect the original liability of the !Nortgagot hetein eithet in whole or in part.
6. The lien of this deed secute~ and shall c~ntinue to secure payment of said indebtedness ot indebted-
~ ness, how•ever evidenccd, whether by saiJ promissory note or any renew~al or extension thereoC or substitute there-
for, or otherwise, until all such indebtedness shall have been [ully paid.
' 7_ 1n ~he eve?et the mortgaRors self, convey or transJer the mortgaged prernises during the IiJe oJ thrs n~o~t-.
' xaRe. then this mo?tgage shaJt, a~ ~he op~ion oJ the :IforJgagee herein, beco?ne immediatety due and payabJe Jor the i
' (uI( sum oj the princ~pal balance and interest then due. ~
? 8. The terms "~lortgagor" and "hlortgagee" w•henever used in this insttument shall includt the heirs, i
} personal tepresentatives, succ~ssors and assigns of the respective parties heteto. w'herever used the singulat
~ number shall include the plural and the plural ihe singular, and the use of any gender shall include all genders.
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~ Si ned, seal a d v ed ~n the presence of: (Scal)
~ ~ t~ (Seaq
~ j
~
~ STATE OF FLORIDA I
~ COU~ITY OF~ j ss ~
ST . LUCIE ~
Bc(ore me peraonally appeared JOSEPH V. JENICEK 8t?d FRANCES A. JENICER~ his wife
to me weli known and known to me to be the individuals described in and who executed the foretoin~ insuument,
_ and acknowled~ed before me that they eaecuted the same [or the purposes therein ezpresQed. WITNESS my hand
_ and of~icial seal ~n the County and State last aforesaid this 4th D8y of Deeember, Zg71.
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~ :,;1:;~; ~ ~
~ ~1y Commission Ezpues: UI1e Notary Public. State.of ~ r t
• •
i1tE0 AN~ aECORGE~ ~ 1 ~G ~J
- St. LUCK GOUMTY Fl ~ -i : ~ 1~ ~y . :`t
~ ROCER FO1IRAS ' : t& : :
~CUIT COURT , C =
CLERK G:• ~ : - - :
RECOaG VERIFIEO~ ~~~1-, .j~~t ~ ~
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O~c 13 A o9~PH ~ ~ - ~
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aQaK 197 ~~E2814 `
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