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Home My WebLink About0100 Our File 5-23,748 th~s monaagt ~K uthr~ uansie~ .~t Utle tu thr mortraYed propctt)' ~n extmgwshment ui Iht inJebted~esa ~ecu~rS hereby, ~11 nsh~, utle am1 ~ntercst of ~ht \tu~t~a~o~ ~n rnd to any ~nsu~anre pulicies thee (o~ce shsll pass to ihe pu~chaser o~ ~nn~ee. (h) To prrli.rm, c.rnplY ~'~th ~nd ab~de b)' erih ~nJ tvery the supula~i.x~s, a{reements, cond~hons ~nd tovrnan~. ~n s~~d p~umi.su~y nute and in th~~ decd set forth. TAat ~f any of sa~d sums uf monry hr~ein ~e(rnrd w be not prumptl>~ r~uf fuUy pa~d ~uh~n (~ftrta d~ys ne~1 aftet tht same sevrrally btcumes Jue ami payaAle,~w if cach and every the ~uDul~UO~s, a~rcemr~ts, cund~uuns and covenants o( sa~d prwn~s- say note and tA~s Jeed, pr e~ther, are not fully ptdormed, compl~ed r~~th and abided Ay, the +a~d agste~atr sum meeuontd said p~umissory notc shall become due and pay~ble tor~h~~tA ~x iheroatter st tAe option ot the AtortRa~re as tuily and completely as if the sa~d a~sre~ate sum o( said prom~~soty note was onsinaliy supulated tu be paid on such dry, aoytA~n~ ~n sa~d prom~ssory note or hercm to ~he contrary not~ ~thsund~nE. 1 That m order ~o accelerate tAe mawnty of the indebtedness hereby sacwrJ, because uf thr (a~lurt o( !he \lwtgaeur to pay any ta~, as.e.sment, I~ab~lity, o~l~gatiun ~x ancumbrence upon sa~d prope«y, as herrm prov~ded, i~ sh~ll not be oectssary or [equ~s~le that lht mwtsa6ee shal! tu.t pay the same. ~ The \tortgagee may, at h+s option, and without waiving his right to acceietate the indebtedness hereby ~ecured and ta ~oreclose the same, pay eith~r before or after delinquency any or all of those certain obligations • required by thc terms hereof to be paid by the ~lortgagor for the protection of the martgage security or for the col- - lection of the indebtedness h~reby secured. A~1 sums so advanced or paid by the ~~ortgagee shall be charged into ~ thr mortgage account anJ became an integral part thereof, subject in ali respects to the terms, conditions. and cuvenants oL the afaresaid pr~~missory note, and this mortgage, as fully and to the same extent as though a patt of the original indebtedness evidenced by said note and secured by this mortgage, excepting however, that said sums shall be repaid the ?1lortgagee forthw~ith upon its demand and be in additio~ to the regulat monthly install- ments provid~d by the mortgage not~. 3. That the abstract or absuacts of title covering the mortgaged property shall a1 all times, during the life of this mortgage, r~main in possession of the ~lartgagee and in event of the foreclosure oC this mortgage or othet tra~s(er of title tu the rm~rtgaged 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. To the extem of the indebtedness af the !Martgagor to the Mortgagee described herein or secured hereby, the ~tortgagee 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 Ia~d described herein w•hich is paid and:'or satisfied, in whole or in part, out of the proceeds of the loan described herein ar secured hereby. and the respective liens of said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is ptesetved and shall pass to and he held by the ~tortgagee herein as security for the indebtedness to the 111ortgagee herein described or hereb~• secured, to the same extent that it wouid have been preserved and would have been passed to and been held by the \lortgagee had it been duly and ~egularly assigned, transferred, 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 ~ntention of the parties hereto that the same will be satisfied and cancelled of recotd by the holders thereof at or about the time of the recording af this mortgage. 5. In the e~ent the ownership of the mortgaged premises, or any part thereof, becomes vested in a petson other than the '1lortgagor, the ~tortgagee may, w•ithout notice to the ~tottgagor. deal with such successot or suc- cessors in interest Nith reference to this deed and the debt hereby secured, in the same manner as with the 111ort- gagor w~ithout in an~• w•ay vitiating or discharging the ~tortgagor's liability hereunder or upon the debt hereby secured. No sale ~~f the ptemises hereby mortgaged and no forbeazance on the part of the ;4lortgagee, and no ex- tension of the time for the payment of the debt hereby secured given by the '~lortgagee shall operate to release. discharge, modify, change or affect the original liability of the \lortgagor herein either in whole or in part. 6. The tien ~~f this deed secures and shall continue to secure payment of said indebtedness or indebted- ness, however evidenced, whether by said ptumissory note or any renewal or extension thereof or substitute there- for, or otherwise, until all such indebtedness shall ha~e been full} paid. ; 7. /n the erent the mort~agors sell, convey or Iransjer the mor~gaged premises during the !i(e oj this ~nort- ~ ,qage, then lhis mortgage shall, at tke oplion oj the ,Uorl,qagre herein, become immediately due and poya6le jor the i ful! su?n oj Ihe pnncipal balance and inrerest then due. ; 8. The tertns "Mortgagor" and "tilortgagee" v?henever used in this instrument shall include the heirs, ~ personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ number shall include the plural and the pfural the singular, and the use of any gender shall include all genders. i 3 ~ ~ ~ : ; ' ned, sealed and Je v~r d ~n the presence of: (Seal) ~ ~ (Seap ~ ~ ~ ~ ~ ~ STATE OF FLORIDA I ~ couSTY LUC~ J , ~ eefore me personally appeared CECIL EVERETTE MULLINS atld JUANITA MULLINS ~ hiS wife~~ ~ ~ to me well known and known to me to be the indrviduals desctibed in and who executed the foregoing instrument, ~ and acknowledgrd before me that they executed the same for the purposes therem expressed. WITNESS my hand ~ and official seal in the Count~ and State last afore~aid th~s 17tj1 DSy of February~ ~.912 r, - = = _ ,~si~~ii~r~~~~ y ou, ' ~ ~ .-i ~ J ~ y 11y Cumm~ssion H x~~r~s: June 30 ~ 1975 Notary Publ~c. State ~ ' ~ 7r,~ ,~-z~ _ - ~ ~ - :~J " ~11D RECOY flA. - ~ ..r ~~~E C1f COUNt ~ ~ ~ ~ ~ ~ ` st ROCEa PO~iR~~ ~ ~ ~ - RECORO VERIFIEO CW~ } z. " f~e 29 2 3i PM'7Z ~y z,~s~z ~0 104 ~ to~x ~ - - - - ~ ~ ~ ~ ~ ~ ~ ~ . ~ _ . _ . - ~ . . ~ ~ ~ . - ~ . - , _ K~ .