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Home My WebLink About2455 Our File 5-24,158 1*~~ swt~a~t a otAe~ tun•It~ ~.I utle fo tAa ~n.xt~~~cJ p.•pr~~> ~n r.~.nr,...~.:;:r, ~ . ..r.. , _ . . . att ~~~he, +~ilc a~wf ~me~tsl ol tUe Nw~~aaw in.e.1 ae~ ~n.w~me pulu~~. etcn :n ~;.r.e .n.l: p..,. ~r, ..-.r.,,.r :.c (A1 To p!1(d111. aolnpty rr~tA •nd a~~Jt b? ta~R and t~et~ tAt ~t~pu:~l~..n. .,r~ ~ , , .ra.t. . _ ~ an~. ~ r,.~r;.~,.r~ oo~e and ~e tl~~s deed ~e~ 1w~*. 1, 1 Tlut d~ny o1 u~d swns ut mone) Aerem releucd w bt not prua+pt?f •nd toll. i~.,~.: .::h•r, _ ne.~ ,t~c~ tAe sase ~everdly Aecaaes Jue arul paYaAle,w J e~cA and ever> tAe ~t~p~t¦u,.n•., .~c~~ . . , ~ .n. . ~:.,nt. .a~J p~.wn~.- sMy note ~Ild l~lli dttd. O~ e~~her. ~tt DOl ~YIIY p~'flwnted. a~Mlpl~ed ~ ~tA ,.r:: ~~,:Jcd n~. 'nr : ~r'~ .~m men!~..nrJ :n .~id prosuaaY note sMll btcome due and pa)vDle fai~.~th u~ ~hereNtcr a~ eAr ,.~~~,.n , t h~ ~t .r•a ..,mpl. ~cri a. e' ~h.- sa~d s~tttplt suw o~ sa~d ptans~~~ixy note ~'as uns~nally supulated t~. be pa~d .r. .~.A ~nti~Gu,~ u`..,i,: r~.~rt....o~•. no!c .~r here~n to ~he cmttuy notv~thstand~n~. 1 That in ader to aceder~u ~At matun~y u! tAe inde0lednesa hercby .e~ ~urd. ~r. a~.. ~n, se~iw. .~i thr ~I,•~ c.:,,g~•, p~> any ~n.. assessmtnl, GaO~UtY. obliL~t?on ix encumbrance upun sa~d pruper~>, a~ hc~cin p~.~.idrd, .hail n~~t ~-c n..~•~• :~.K r~•yws~te ~hat tAr m«isa~ee sAaU tlrst pay the same. The Mott~agee may, at his option, and without Wa~v~ng hi~ r~ght to acceierate the indtb~rdness hereby szcured and to [oreclose the same, pay eithet befote or a[ter del~nqu~ncy an}• or ali of thu~e crttain obiigati~~ns requited by the terms hereof to be paid by the ~Mrtgagor for the protecu~,n ~~f the m~~rtgage securit~• or for the col- lection of the indebtedness hereby. secured. All sums s~i advanced or ~a~d b> ihe \turtgag~e ~hall he charged int~ the mortgage account anJ become an integtal part thereuf, ~uh~ect ~n all respect. t~~ the term~. c~nd~ti~~n~. and covenants of the aforesaid promissory note, and this mortgag~, fully and t.~ thr .ame r+ctent a. though a pact af the ori~inal indebtedness e~idenced by said note and secured b~ th~s m~~rtgage, e~cepting hoNevet, that said sums shall be tepaid the Rlortgagee forthwith upon its demand a~d b~ ~n adJiu~~n. tu the regular monthly install- ments provided by the mortgage note. 3. That the abstract or abstracts of title covering ihe mortgagrd property shall at all times, during lhe life of this mottgage. temain in possession of the Atortgagee and in event ~~t the foreclosure of this mortgage or other transfet of title to the mottgaged property in extinguishment of the ~ndrbtedness secured hereby, all right, title and int~rest of the Mortgagor in and to any such abstracts ~~f t~tle shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the Mortgagor to the ~tortgagee described herein or secured hereby, the \tortga`ee 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 uhich is paid and ar satisfied, in whole a in patt, out o[ the proceeds o[ the loan described herein or secured hereby, and the rzspective liens of said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is presetved and shall pass to and be held by the ~lortgagee herein as security for the indebtedness to the ~lortgagee herein described ot hereby secured, to the same extent that it would have been preser~ed and would have been passed to and be~n held by the Mott~a~ee had it been duly and regularly assigned, transferred, set over, and detivered unto the Mort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisf~ed 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 thereof at ur about the time of the recording of this martgage. S. In the event the ownership of the mortgaged ptemises, or any part thereof, becomes vested in a person other than the Mottgagor, the ~lortgagee may, v?~ithout notice to the ~luttgagor. deal w~ith such successor or suc- cessors in intetest with reference to this deed and the debt hereb~~ secured, ~n the same manner as with the \tort- gagor without in any way vitiating or discharging the ~lortgagur'+ liability- hereunder or upon the debt hereby secured. No sale of the ptemises hereby mortgaged and no forbearance on the part of the ~tortgagee, and no ex- tension oC 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 here~n either in w•hole or in part. i 6. The lien of this deed secures and sholl continue to secure payment of said indebtedness or indebted- ' ` ness, howevet evidenced, whether by said promissory note or am• renewat or extension thereo~ or substitute there- ~ for, or otherwise, until all such indebtedness shall have been Cullr paid_ ~ 7. In the event the mortgago?s sell, com~ey or t?ansJer the mo~ttu{ed premises during the lije of this mort- j gage, then this mortgage sha[!, at 1he oprion oj ~he 1for~gngee herein, hec•o?r.e rmmedratel~~ due and payable jor the ` Jull surn oJ the principal 6alance and interest then due. - 8. The tertns "Mortgagor" and "Mortgagee" w~henever used in this ~nstsument shall iriclude the heirs, personal representatives, successors and assigns of the respecti~~e ~arties heretc~. Hherever used the singular number shall include the plural and the plural the singular, and the u~e ~~f an~~ gender ~hall include all genders. ~ i ned, sea elivered n the presence of: (Seal) ~-1 (Seal) . , STATE OF FLORIDA I COUNTY OF~ ~ ~S ST. LUCIE Before me personally appeared HENRY TAYLOR and JULIA TAYLOR, his wife, - to me well Imown and known to me to be the indiv~duals described in and who executed the foregoing instrument. ; ~ and acknowledged before me that they executed the same for the purposes there~o expressed. W1T(VESS my hand i ~ and official seal io the Counry and Scate last aforesaid this 19th Day of April ~ 1972 ' ~ _ .~./~~J~ 3s~ ~ ~ty Commission Expires: JLtAe 3O, 1975 Ivotary Public. State ~~f a ' pROEO " ~rt~~,~''. . s ~ ~ F ~E~ AN~ ouNtr i~~• ~ : , .~r` : ; 3 ~ ~~~E ~a ~ ~S - , ~ ; ~ J ~~C: ~ : ' apCF F ~ ~ gpURT ~ ~~.;.;;~'i3:;i~~'~; _ ? OR~ ~~at'~ E0~"~~' • l:-! , . flE C 1 ~l ag~~~t~ . ~,20'i ~245~ - _ - - =G " a-