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Home My WebLink About2454 ~his a~ortp~e o~ otAe~ tn~afe~ o( uUe to the mat~a~ed ptoperty m eaun~u~shment w ~he ~ndeDirdne~a se.urrd hc~cby, all riil+t, a~le ~nd in~erest ot the AAort~asor io and to any inaura~?ce policies ihen in torce shall pass to ~he purchaaer ~x Eran~ec. (A) To petfae~, casply rrith ~nd ~b~de by e~cb sod evtty the st~pulat~ons, aLreemeets, conJ~t~un. rnd ~oveaan~. ~n c~~d prom~sso~y note aad in ihis deed set fatA. (i 1 7b~t i/ anY of ~aid sueu ot money he~ein referred to Se not promptly snd tutiy pa~d w ith~n f~f~~en davs nex~ afte~ the s~m~ severally Aecomes due aad payaple.or i! eacA and every the s~ipula~ions, ae~remznes, iund~nons and c~,.e~anis of said prom~s- say aote apd Wis deed. ot eitAer, ue nol (ulty petformed. totnplicd rrith and ab~ded Ay, ~he .r~d aggregatr sum meationcd in said aom;.s«r eo~e ,bat~ ee~~e due snd p~yable larthWitA or the~e~tte~ at the ophon ot ~he \1u~tgagct ac full~ and completety aa it the s~id ~a~epte su~ of said promisswy note w~s oritinaily supulated to De pa~d on such day, anythm6 ~n .i~d prom~s.ory note ~u herein to the eontruy aotvi~hst~ndin~. (j ) Th~t in otde~ to aceeler~te tAe matunty of the iedeatedness hereby securrd. becaust uf thr la~lure of tAe ~t~~t~6w « D~) •~Y ~a~. assessaeat, liYpility. obli~ation a encumMance upon said property, as hereie prov~Jed, sh~ll not be nects~ary ot reQwsitt that the mat~~~ee sh~ll first paY the ssa~e. 2. The Mott~a~ee may. xi i~i~ ~i~~r,, •x:;kaui ~YSi~ing his right to accelerate the indebtedness hereby socur~d and to faeciose the same. pay either befo~e or a[ter deiiaquency any or al! ot those certain obligations required by the terms hereof to be paid by the Mortgagor for the protectian af the mc~rtgage security o~ ior the col- lection of the iadebtedness hereby secuted. All sums so advanced or paid by the ~lortgagee shall be charged into the mortaaje account and become an integral part thereof. subject in all respects to the terms, conditions. and covenants of the dor~said promisso~y ~ote, and this mortgage, as fully and to the same exient as though a part of the orifinal indebtedness evidenced by said note and secured by this mortgage, excepting hoWever, ihat said sums shall be repaid the Moctgagee totthwith upon its demand and be in addition to the regular monthly install- ments p[ovided by ti~e mort`age note. 3. That tht abstract or abstracts o~' title covering the mortgagzd property shall at all times. duri~g the life of this mottgaae. temain in possession of the MortEagee and in event of the foreclosure of this moctgage or other trans[er of title to the mortgaged property in extia~uishment of the indebtedness secured hereby, ait right. titte and interest of the Morttasor in and to any such abstracts of titte shall pass to the purchaser or grantee. 4. To the eatent of the indebtedness o[ the Mortgagor to the 111ortgagee described herein or secured her~by, the Mott~ajee is heteby subrogated to t6e (ien or liens and to the rights of the owners and holders thereoi' oC each aqd every mort~a~e, lien or other i~cumbtsnce on the land desctibed herein which is paid and'or satis[ied, in whole a ia patt, out o[ the proceeds of the loan described herein or secured heteby. snd the respective liens of said mort=yes.liena or other incumbrances. shall be and the same and each ot them'hereby is preserved and shat! pass to and be held by the Mortgagee herein as security for the indebtedness to the ~torlgagee herein described or hereby secured, to the same extent that it would have been preserved and would have been passed to and been held by the Mottia~ee had it been duly aad tegularly assigned, transfened. set over. and delivered unto the A1ort- gaaee by sepacate deed of assignment. notwithstanding the fact that the same may be satisfied and cancelled of record. it bein` the iAtention of the parties hereto that the same will be satisfied and cancelled ot record by the holders thereof at or about the time of the recordina of tbis mortgage. S. In the event the awnership of the mortgased ptemises, or an~• part thereot. becomes vested in a person other than the hlvrtgago:. the 1lortgagee may, without notice to the '~fortgagor, deal with such successor or suc- cessors in interest with reference to this deed and the debt hereby secured, in the same manner as with the ~~ort- ga~or without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secuted. No :de of the premises hereby mottgaged and no forbearance on the part ot the l~brtgagee, and no ex- tension of the time for the payment of the d,ebt hereby secured given by the tlortgagee shall operate to release. dischar`e. nwdify, chaage or a[fect the origieal liability of the ~Iortgagor herein either in whole or in part. 6. The lien oP this deed secures and shall continue to secure payment o! said indebtedness or indebted- ness, however evidenced. whethcr by said promissory note or any renewal or extension thereof or substitute there- for. or othenvise, until all such indebtedness shall have been fully paid. 7. In fhe event the mo~tgagors sell~ convey or transjer the mo~tgaged premises during the lije oj this nco~t- gage. then this niortgdge shall, at the optiort oJ the Mortgvgee he~ein, become i~nmediately d~e and payable Jor ~he jull sune oJ tht p~i~tcipal bolance and inlerest then due. 8. The tetms "iNortgagor" and "Moctgagee" whenever used in this instrument shatl include the heics. petsonal representatives. successors and assigns of the respective parties hereto. Wherever used the singular number shall include the plural and the plutal the singular, and the use af any gender sha11 include ail genders. ~ J ~7 S~ ed, sealed and deli ere in the presence of: d eal) ~ (Seal) i ,u. . . ; < < ~ STATE OF FLORIDA COUNTY OF ~ ss Befoce neCpe~tsonally appeared BILLY .GEORGE 7~EiURMAN St1d MARY S. T~[URMAN ~ his wife, ' to me we11 lmown and krwwn to me to be t6e iadividuals dascribed in and wfio executed the forejoins insttument. and acknowled~ed before me that they executed the same for the purposes therein expressed. WITNESS my hand and official seal in the Counry and State last aforesaid this 6th D8y of Maq, 1~72 4: ' - . . : v, = My Commission Expires: _ Jt1iL@ 3O, 1975 Notary Public. State ` flLEO AND RECORp E~ = l~i,; ''i~;=,~ St. WCIE ~OUNTY /L~. - A ' ~`'J~ , c, ` ROCER AOITRAS ~ ~ ' ; ~ : v'` ~ , ,~:;'I ` ~ ~LERK CIRCUii COtlRt ~%'fa'• ~ j RECOao vEP~riEO_. 1`. ~ .~nru~rit~ ' I~r 3~ 1! o~ A~!'11 ~ ~z~~ ; 2;~t0413 ~ ~ ~ - ti ~