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Home My WebLink About2469 ~ Our file 5-23,906 th~s murtga~tr w a~hrr Uan.lcr uf ~rtlc tu thc mung~Krd propr~t~ m cat~ngu~,Amrnt ut ~hr ~ndtt+trdnr~~ .c.u~rd hctrh~, alt ~i`ht, hcle snd ~me~cst ul ~hr \1oi~gago~ m and to any ~n.wanrr p~~l~c~e+ thcn in (one sAaU pa.~ tu thr pur:Aasr~ ur g~~ntee. (h) Tu prrl.~im, ..~rnpl> ~ith ~nd ah~dr b) rarh anJ rrery thr .t~pul.~uont, agrcrment., ~un~iUun. and ro~enant. ~n sr~d nrumi.su~y note :+nJ ~n ih~. d~rd .r~ ~urth, ) Tha~ il any of ~aid ~um. ut m.mcy hrre~n ro(rnrd tu Ar nut psumpth' and (ull> pa~d uuh~n fiftcrn da>~ nr~~ atter Ihe same .rverally brcomes Jur end pa)'ablt,~u ~f eacA and ec'er> tAt ~t~pulauun~, agrcemrnt., i~~nd~u~~n. and :o~er~n~~ ol ~a~d pt.im~a- swy n~te and 1hu J~rd, er nthcr, art nut (ully per(o~mrJ, cumplrcJ wuh and ab~dcd t+>, thr ~a~d .+~cg~cga~r .um menuonrd m ce~d prum~ssory nute shall bec.xnt dur and payable f~~Ar~tA u~ thercalte~ at thc opt~un u( tAe \1.~~tgagee ~s tull> and c~mpletrly a. the .a~d as~rc~ate sum ot said prom~s.wy nott vas or~g~nrll>' .upulated tu he paid on :uch d~y, ao~th~ng m aatd pr~~m~»ut> nute ur Aere~n to tAe ron~~ary nutw~th,tand~nR. ) Thrt ~n order to accelcrate the matur~~y uf the mdebttdne+s hrrchy .rcu~rd, hresuse u( thr f.~lurr o( the ~IUf1~J~Uf ro pay any ta~, acsr..:ment, l~rh~lu>, obl~~tahun or ~•nwmbranct up~~n said p~upcrty, a+ hc~cm prucidrd, ~t .h~l! rtot he nr.r..,~ry .x ~tyu~cite tha~ thc murtgagee shall f~r.t pay the ,amr. 2. The \1~ttgaRee may, at his opuon, and Without N~~~~~ing hia nght to accelerate the indebtedness hereby secured and tu forecluse the same, pay either hefore ~~r after delinquency am ~~r all of those certain obligations requ~r~d by th~ terms hereof to be paid by the \lortgagor f~r the protectian of the mortgage securit~• or for the col- lection of the indebtedness hcreb~• secured. All sums su advanced ~~r paid by the ~t~~rtgagee shall be charged intu = the m~~rtgagr accoun! and become an integral part there:~f, subject in all respects to the terms, conditions, and cavenants oC the aforcsa~d prom~ssor~• nute, and this mottgage, as fully and to thr same extent as though a patt af the original indebtedness eviJenced by said note and secured by this mortgage, excepting however, that said sums shall be repaid the \lortgagee forthwith upon its demand and be in addition to the regular monthly install- ments provided b~• the mortgage nute. 3. That the ahstract ~~r abstracts of title covering the mc~rtgaged propertp shall at all times, during the life of thi~ mortgage, remain in possession of the 1lortgagee and in e~•ent of the forectosure of this mortgage or other transter of title tu the mortgaged property i~ extinguishment o( the indebtedness secuted hereby, all tight, title and intere~t of the ~tottgagor in and to any such abstracts of title shall pass to the purchaser or grantee. To the extent of the indebtedness of the Nortgagor to the \lurtgagee described herein or secured hereby, the \tortgagee is hereb~• subrogated to the lien or (iens and to the rights of the ow~ner~ and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein w•hich is paid and'or satisfied, 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 incumbrances, shall be and the same and each o( them hereby is preserved and shall pass to and he held bq the 1lortgagee herein ati security for the indebtedness to the ~lortgagee herein described or hereb~• ~ecured, to the same extent that it v?~ould have been preserved and would have been passed to and been held by the \t~~rtgagec had it been duly and regularly assigned, transferred, set over, and delivered unto the Mort- gagee b~• separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of ; ~ record, it he~ng the intention of the parties hereto that the same will be satisfied and cancelled of record by the holders thereof at ~~r about the ume of the recording of this mortgage. 5. In the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the ~Iurtgagor, the \lortgagee may, without notice to the \tortgagor, deai w~ith such successor or suc- cessors in interest with reference to this deed and the debt hereby secured, in the same manner as w~ith the \1~~rt- gagor without in am~ wa~~ vitiating ar discharging the ~lortgagor's liability hereunder or upon the debt hereby secured. Na sale of the premises hereby mortgaged and no forbearance on the part o~ the !1lortgagee, 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 1lortgagar herein either in whole or in part. 6. The I~en ~~f this deed secures and shalt continue to secure payment of said indebtedness or indebted- E ness, however evidenced, whether by said prumissory note or an}~ rene~al ar extension thereof or substitute there- ~ for, or otherwise, until all such indebtedness shall ha~•e been futly paid. ~ 7. 1?e the e~•enl rhe mortRa,~ors sell, convey o? transle? ?he mo~tgaged p?emises during the liJe oj this mort- _ ~ qaRe, then this mortga,qe shall. a1 the option oj the .11o?tR~xee herein, become immediately due and payable Jor ~he ~ full sum o( lire pr~ncipul balarice und interest thPn due. 8. The terms "~lortgagor" and "~lortgagee" whenever used in thic instrument shall include the heirs, - ~ personal representatives, successors and ass~gns of the respective parties hereto. Whetever used the singular = number shall include the plural and the plural the singular, and the use of any gender shall include all genders. x ~ ~ 7 o )/1 ~ S Si ed, seal a Je ~er ~n the presence of: v (Seal) ~ ~'/?~t-~" ~ ( ~/Y~~ , (Seal) S ~ f ~ ~J l-LLL~ L -/Gc.i ~ ~ STATE OF FLORIDA I ~ COUNTY OF~ ~ ST . LUCIE - Before me persanall}• appeared ERVIN JONES and MAY BELL JONES~ his wife~ L= to me W ~II known and know•n m me to be the ~ndividuals described in and w•ho executed the foregoing ~nsttument, and acknoHledged before me that they executed the same for the purposes there~n expressed. WiTNESS my hand _ and ~~ffic~al seal in the Count} and State lalt aforesaid this 18th Day of Mareh, 1972 - i , =~E ~ - ~ty Cumm~ssion Fxpires: _ JuI1e 30, 1975 ~ Notary Public, State ~f orida S - . _ FILEO ANO RECOROEO ' R iT. WCIE COUMTY flA. ~y - ROCER POITRAS ~ ~ ~ CIERK CI~CWt COURT ~~yP~e f - RECONO VER~FIFD.~~~~J - I" M~u 1l 2 i9 PN'71 ea ~R 20Q ~ y ~R~1 ~j 2~ ' ~Yy ~=f c%2630'~ ; - - _ _ ~ ~ ~ ~ . - . . , _ _ , . ~ .