HomeMy WebLinkAbout2257 Our File 5-23,905 ~
th~~ mw~i~gr ,~r .~~R,~~ u.~n.ir~ u~ utlr t~~ :ni .~~.~itwaK.d ~xoprrl> in r~un~tu:.hn.rnt „i ~hr indrhtrdn.+~ ~C~wcd h[trhl. ell n~ht, ~~tlr S
~nd ~n~c~r.t ni ~hc \1~~~'KoB,~r ~n .~nd to an> in.w.~n: r pulu ~r. thcn in turrr .hrll p~~~ ~hr purih~~rr „r R~antrr. ~
(A1 Tu pr~t~~im. ..^;Pi~ w~tt, ~nd ehiJr b) r~ch ~nd r.rn the .~~pul~uun., agt:rmen~., cem.:it~on. ~nd :~,~rn.~nt. ~n sa~d pium~.~.~r> ~
t
n.~~e anJ ~n th~. drrd .rt ii~~th.
l~ 1 TAat ~t en> .~f .eed wm. .~t r.~:,nr> hr~r+n ~rirnrd t„ br nut pr.unp~l) ..nd tull) pe~d +~th~n tiRrrn daSs ne~t atu~
the srme .r~rr~ll> hr.ume~ duc and pa>'ahle.o~ ~t ra.h and r~rr> thr .t~pulet~on~, ~g~rrmrnt., :~~n.l~Uon. and c~~~enant~ of sa~d prwn~s-
vixy nate anJ th~~ J.cd. ur e~thrr, a~r nut tully perlrortird. enmpl~rd u~th ,,nJ ah~ded b>, thr .a~d aKg~.gatr sum mrnuun.J in sa~d
Momi.~.u> nute sh~ll brc.~me dur end p~~~hlr fnrchu~th o~ thcrcattrr at the opuon ot ~A~ 1lortg~~re a~ fully ~nd complrtel~ rc ~f thr
.a~d agrrtga~c .um ut ~ard pt~~rt~~..~~r> no~t NJ~ ur~K~n~il~' .t~pulated tu be pa~d un .uch da). ~nyth~rtR ~n +a~d pr~~m~~~ury notc or hett~n
t.r tAr cuntrarq notwitR~~and~ng.
1~ 1 That in ordrr ~u e.celeratc :hr r.~~tunt~ uf the indrhtrdne++ herehy .rcuttd, br:au~r u1 thr fr~lurr uf ~Ae \lottgag..r to pay any ta~,
~s.c.sment, :trh~l~t~, „l+I~gri~.~n .•n.umbr~nrt up~m .a~1 pr~~prrt~, r. htrrm pru~idea, ~i ~h~ll not bt nc.e...iry ~w rcqwsue that ~he
mo~tgaget shall iu.~ pr>' the .omr.
The \tortg:~g~z ma~•, at h~s optiun, and ~cithout waiving his r~ght to arcelrrate the indebtedness hereby
s~rured and t~~ forecluse thc ~ame, pay t~then c~~~ore ~~r after det~nquencr ~m• ot all of those certain obligations
reqwreJ by thr terms herrof to he paid b~' the \lortgag~~r fc~r the protection of the mc~rtgage security or for the col- ~
lecti~~n uf the ~ndebtednecs h~r~by securrd. :~11 ~ums s~. advanced or pa~d b~ thr ~lurtgagee shall be charged into ~
the murtgag~ account and bec~~me an ~ntegtal part thereof, subject ~n al{ respects to the terms, conditiuns, and
cuvznant~ oG the a(or~sa~d ptumiss~~n nute, and thi~ murtgage, as fully anJ to the same extent as though a patt
of the original indebtedness ev~denced by said note and secured by this mc~rtgage, excepting however, that said
sums shall be repa~d the \lurtgagee forth~~ith upon its Jemand :~nd be in addition tu the regular monthly install- ~
mrnts provided by the mortgage nute. ~
3. That the ahstract ~~r abstract~ of title covering the m~utgaged propert}• shall at all times, during the life
of this murtga~te, rema~n ~n pi~s~es.~on of the \lortgagee and in event uf the foreciosure o( this mottgage or other
Iransfer of utl~ t~~ the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title
and ~ntere~t of the ~lortgagor ~n and to any such abstracts of title shalt pass to the purchaser or grantee.
~i. To the extent ~~f the ~ndebtednes~ of the ~1~~rtgagor t~~ the \lortgagee described herein or secured hereby~,
the ~i~~rtgagee hereb~• subrogatzd to the lien or liens and ta the rights of the oHners and holders thereof of each
and ever~~ mortgag~. lien or other incumbrance on the land described herein Nhich is paid and or salisfied, in
whole or in part. out of the proceeds of the loan deccribed herein or secured hereby, and the respective liens of
said mrrtgag~s. liens or other ~ncumbranr~s, shall be and the same and each o( them hereby is preserved and shall
pass to and he held b~~ the \1~•rtgagee herein as srcurit~ f~r the indebtedness to the \lortgagee herein described
or herebv serured, t~~ thr same extent that it uuuid ha~•e heen ptrserved and wauld have been passed to and been
hetd b~ the ~lortgage~ had it been dul~ and regularly assigned, transferred. set o~•er, and delivered unto the !~1ort-
gagee b~• separate JeeJ of as.ignment, nutw~ithstanding the (act that the same ma~~ be satisfied and cancelied of
recotd, it hcing the intenu~~n ut the parties hereto that the same will be satisfied and cancelled of record by the
hulders thereu( at ~~r ahout the t~me of the recording of this mortgage.
5. ln the e~~ent the ownersh~p of the mortgaged premises, or an~~ part thereof, becomes vested in a person
other than the \k~rtg:~g~~r, the ~lortgagee ma}•, withuut notice tu ihe \lortgagor, deal with such successor or suc-
ce~sors ~n interest Nith referen~e t~ this dee~1 and the debt hereby secured, in the same manner as with tfie ~fort-
gagor ~~ithout in an~ wa~~ v~tiati~ig or discharging the \1~~rtgagur's liability hereunder or upon the debt hereby
secured. No salr ~~t the ~remises hereb>• martgaged anJ no forbeatance on the part of the 3lortgagee, and no ei-
tension of the t~me for the payment of the deb~ hereby secured given by the ~lortgagee shall operate to release,
discharge, mod~f~, change or affect the ~~rig~nal liability of the \lortgagor herein either in whole or in part.
6. The I~en uf this deed secures and shall continue to secure pa~~ment of saiJ indebtedness or indebted-
~ ness, ho~ever <<•idenced, whether by said promisson• note or an~• renewal or extension thereof or substitute there-
; for, or otherw~se, unt~l all such indebtedness shall ha~~e been fully paid.
~ 7. /n !he ~~r~•n~ nc~ mor~Qneors sell, rom~ey or transfer the mor?~aged premises during the lije oJ this mort-
; Ka.qe. then this murt,kqer shall, u~ tkc~ oplion c~( !he• 11nrt~~uxre Irere~7, hecnme irnmedialel~~ due and pa~~able Jor the
~ (ull sum of ~hr r~rnc +rul hulurice~ ared interest then due. ~
; R. The terms "\longagor" and "\lortgagee" whenever used in thi~ instrument shall include the heirs, `
E pers~,nal representatives. successors and assigns of the respecti~~e parties hereto. w'herever used the singular
~ number shall in~lude the plural and the plural thr s~ngular, and the use ~~f any gender shall include all genders. ~
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S~ ned, sealeJ and deG~~ reJ in the pr<<en~e of: (Seal)
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~ STATf: OF FLORI[1rl I *
Cnt:NTY nF ~ ` ~
~ ~ST<< LUCIE~311` a~~~~«~ BILLY DePRIEST and BONNIE DePRIEST, his wife, #
~ to me ~•ell known and knuwn t~~ me lo be the individuals descnbed in and who executed the foregoing instrument, '
anJ acknowledgrd before me that thec executed the same for the purpus.es thete~n expressed. WITNESS my hand
- and ~?fficial ~eal in the Cuunt~ anJ State la.t af~~re~aid this 16th Day of Mareh, 1972
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June 30 1975 F at '
- \1y Cumrmsaion I:xp?res: , ;\otaty Public. State ~f - • ~
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- FIlEO ANO RECORDEO ~ . . : = . G = .
- St. L4CIE COUNtY FIA. ' . : ~ -
ROCER i01TRAS ~ ~ '
' CIERK CI~;CU1T COURt ~ - ; ~ . j =
RECORDYf.ksF~EO~ " ~ G `
3 ~ ~ca+?m s~r-Z.~ ~N r~nrM~ oF nuco ~'a
~ Nut 1 3 t3 PH 7Z DUE ON C~ASS'~C' INTANGIBLE PERSOtiAI PROPERIY. ~
PURSIIANT i0 t~111PiF1t 71•131. ACTS Of 1971. /H~ `',y
_ ~E~ R06ER ~0(iRAS, Ckrk Cirwit Oairy !t. Luo~ ~b. fl< v
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