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Home My WebLink About0178 Our File 5-23,442 th~s muu~aYe ur o~her usnsfer o( ~~tle tu the murt~a~cd pruperty m ext~n~u.ahment ut the ~ndel~tedness stcwed hcreb~, •U nsht, title and ~nte~e~t uf the A1or~~a~w in and to any ~nsurance pulicies then ~n torce ah~ll pass to the purchasec or ~~a~~ee. (h) Tu perf.xm, cumplY ~r~tA •nd ab~de by each and every tAe sUpulauons, a~reeme~ts, co~du~ons and cove~rnts s~~J prom~.sury ~ no~c and in th~c dced +et forth. s That any of s~~d sums ot muney herem ~e(errcd ~o be not promptly a~d fully pa~d ruhm htteen dsys neat a(ter the ssme sevenlly becowes due and payvble,or ~t each and every the at~pulations, ~~eeements, coadU~ons and covtn~nts o( sa~d pnxn~s- sory note and th~s deed, or euhe~, are not fully performed, canplied ~rit!? and ab~ded Dy, the sa~d akre~ate sum menuoned ~a said prwn~ssory nute shsil ~ecome due and payvble f«th~~~A or theru[ter at the optioo ot the \1ort~a~ee as fully and completely as ~f tAe said a~~rep~e sum of sa~d pram~ssory note ~r~s on~~~ally supul~ted to be p~id ao such d~y, anyth~n~ ~e said prom~ssory note o~ here~n ~ to the comrary not~•itAstand~n~. ~ V) That ~n orJer to accelerate tAe ma~ur~ty of the inJebtedness hereby secured, ~ecause ot the ta~lure o( tAe Ato~tsa~or ?o psy any ta~, ~ assessment, I~ab~lity, obl~~ation or encumbrance upon satd property, as Aerem provided, ~t sh~ill not be necessary or requ~site that the f m«tia`ee ahall f~rst pay the same. ~ The !Nortgagee may, at his option, and without waiving his riRht to accelerate the indebtedness hereby € secured and to foreclose the same, pay zither before or after delirtqu~ncy any or all of those certain obiigati~ns ~ , required by the terms hereo! to be paid by the ~lortga~or fo~ the protection of the martgage security or for the col- ~ lectio~ ~~f the indebtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into ~ the murtgage account anJ become an integral part thereof. subject in ail respects to the tetms. conditions, and covenants oG the aforesaid promissory ~ote. and this mortgage. as fully and to tht same exte~t as though a part of the original indebtedness evidenced by said note and secured by this mortgage. excepting however. that said sums shall be tepaid the A1or~gagee forthwith upon its demand and be in addition to the teg•rlar monthly install- ~ ments provided by the mottgage note. : 3. That the abstract or absvacts of title covering the mortgaged ptoperty shall at all times, during the liCc ~ of this mortgage, remain in possession of the !~lottgagee and in event oi' the foreciosure o( this mortgage or other } transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby. all right, title ~ and interest of the ~lortgagor in and to any such abstracts of title shall pass to the purchaser or grantee. i 4. To the extent of the indebtedness of the Mortgagot to the bloctgagee described hecein or secured hereby. the 1lortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid andjor satis[ied, in whole or in part, out of the proceeds of the loan described herein or secured hereby, and the respective liens of said mortgages, liens or other ~ncumbrances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the ~lortgagee herein as security fot the ir.debtedness to the Mortgageo herein described or hereby secured, to the 9ame extent that it would have been preserved and would have been passed to and been ~ held by the ~tortgagee had it been duly and regularly assigned, ttansfened, set over. and delivered unto the tilort- ~ F 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 of record by the ~ ' holders thereoC at or about the t~me of the recording of this mortgage. E ` 5. In thr event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person s other than the ~lortgagor, the ~lortgagee may, without notice to the Mortgagot, deal with such successor or sur ~ ! cessors in interest with reference to this deed and the debt hereby s~cured. in the same manner as with the ~1ort- ; ~ gagor w~~thout in any way vitiating or discharging the !1lottgagor's liability hereunder or upon the debt heteby s~cured. No sale of the premises hereby mortgaged and no forbearance on the patt of the Mortgagee, and no ea- ~ tension of the time fot the payment of the debt hereby secured given by the Mottgagee shall operate to telease, ~ ~iischarge, modify, change or affect tht original liability of the 4loctgagor herein either in whole or in part. ~ 6. The lien 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- ; ~ f~r, or otherNise, until all such indebtedness shal! have been fully paid. ~ ~ In lhe event the r+~ortgagors se!!, convey or transJer the mortgoged p~emises during ~he lije of this mort- x Rage, then this mortgage shall, at the option c~f the :lfoitgagee herein, become immediately due and paya6/e jor the ` s jull sum oj the pr~ncipa! balance and interest then due. ~ 8. The tertns "Mortgagot" and "4fortgagee" whenever used in this instrument shall include the heirs, ~ personal representatives, successors and assigns of the respective parties hercto. Wherever used the singular ~ number shall include the plural and the plural the singular, and the use of any gendet shall include all genders. ~ ~ ~ ~ S ned, sealed d de ~ r the presence of: ~ (Seal) } ~ i~ ~ (SeaU ~ , ~ ~r 'u-sw ~w ~ ,~~u ~ ~ STATE OF FLORIDA I " COUNTY OF ; ss ~ ST . LUC~~ Before me personally appeared LOUIS GOFF, S1SO klt0 ~p IE ~pFF d LUI.A z~ GO~F, his w~~e tn me well known and known to me to be the individuals described in and who ezecuted the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein exptessed. WITNESS ti~Y.hattd and official seal in the County and State fast aforesaid this 15th Day of January~ 19~~-~'j~~`~•"` ~c~ - . ,;~~~aNwMH~,,,,~~~' . • . ~r :J~ ' . ~ i A ~ 4 ~j . ~ . June 30 1975 " t'i _ ' ~ty Comm~ssion Expires: ~ Notary Public, State o , r fILEO AM[• REvOR0E0 I ~ O~J .~'n ~s aT.IU~IC ~OUN1Y FLA. ~ f;• • = RQG: . PJIiRAS l2t',~~~.• CLERK ~^':,JIi COURT ~ ; RfC:1R0 vE~'~ ~EG._~.~.- ° _ i ; ,~u+ r5 s 3o AN'7Z fl R 1gg pA~ 1?8 ~ soo~ ~ 222643 . ~ ~ ~ : ~ - - _ - -