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Home My WebLink About2463 ~ ' ' Our Pile 5-24,376 tAis mort~~se ot otAer U~nste~ of IiUe to the mortsarcd pope«y ie erUn~u~shmeni w ihe ~ndebtednc~s ,~ecurrd hereb~, aU nsht, ~~~Ic and ietetesl o( the 1Aatja{o~ in and to aay iaawance pulicies thca in face shall pass to ~hc pu~chaae~ o~ ~cantee. (h) To perfots. ea~ply ritA aoQ abide by eacb snd evety We shpulat~ms, atreerents, condi~~:ma and covenan~s ~n sa~d promissory aote and in thia desd set tath, ~ (i )'tLN it ~ny o( ~~id aums ot aaney he~e~n refo~~ed to pe not promptly ~nd (ully pa~d y ~thin f~heen days next af~e~ tAe s~ee sevenlly becoses due and payasle,or i( eacA aad every thc supulauons, a6~enmtnts, rund~~ion. and corenanes o( p~d proru~s- say aote ~pd tsis detd. or either, u~ no1 lully perfaaed. caeplied ~r~tA and abided by, the :a~d ag~~teatt sam menuoned in said promissotX soq s\all ktaN due aad piYable to~th~itA or there~tter ~t the optiae? ot the \1ort~agee e~ (u1lY ~nd campletelY as if thr uid ~{irK~t~ ~u~ d said p~omissay note w~s ori~inally sUpulated to De psiJ un .uch J~y, anythm~ m saiJ p?om„+nry note or herein to ~he coattuy aotrilhstandinj. (j ) Tb~t is orde~ to aeeeler~te the matu~ny ot the indebtedness hereby secwed, btcaust ~f ~Ae failure of the \tor:s+~o~ u' D~) ~ax. E assessaent, li~bility, oblisation or encumbrance upon said p~ope~ty, ss herein prov~ded, it shulf no~ be ne~r~~ary ~x rcqu~site that the E aarq~~ee sA~ll fint p~y Ne same. E 2. The Morteagee may. at his option, and without waiving his right to accelerate the indebtedness hereby secured a~d to faeclose the same, pay eithet before or a[ter delinquency any ar all of those cettain obligatio~s required by the tetms hereot to be paid by 1he Mo~tgagor for the protection oi the mortgage security or fot the col- lection of the iedebtedness hereby secured. All sums so advanced or paid b~ the !Nortgagee shall be charged into the mort~a`e account and become an integ~al part thereof. subject in all respects to the terms, conditions. and covenants of tha afaesaid promissory note, and ti~is mortgage, as fully and to the same extent as though a part a[ the oci~inat indabtedness evidenced by asid note and secured by this morcgage, excepting hov?~ever, that said sums shall be tepaid tht Mortgagce fotthwith upoa its demand and be in addition to the cegular monthly install- ments provided by the mat`a6e note. 3. That the abstract or abstracts of title covering.the mortgaged property shall at all times, duriog the li[e oi this mort~aae~ remain in possession o[ the Mort~agee and in event uf the foreclosure~of this mortgagt or oth~r trans~et o[ title to the mortgaged property in extin`uishmeet of the indtbeedn~ss secured hereby. all right. title and interest of the Mat~agor in and to any such absuects of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the !Nortgagor to the Mortgagee described herein or secured hereby, tha ~1ort~a~ee is hereby subrogated to the lien or liens and to thc *~~hts of the owners and holders thereof of each -snd every mort~a`e, lien or other incumbrance on the land described berein which is paid and!or satisfied, in whole ot ia part. out of the proceeds of the loan described herein or secured.hereby, and the r~spective liens of ssid mort~a~es. liens or other incumbranees. shal! be and the same and each of them hereby is preserved and shall pass to ar~d be held by the Mortgaaee het~in as security for the indebtedness to the ~lottgagee herein described or hereby secuted, to the same extent that it would bave been presen?ed and would have been passed to and been held by the Mort~a~te had it been duly and regulacly assigned, Uansfened. set over, and delivered unto the Mort- gagee by aepatate deed of assignment. nolwilhstanding the fact that the same may be satisfied and cancelled of record. it beina the iatention of the parties hereto that the same witl be satistied and cancelled ot record by the holders thereof at or about the time of the recording of this mortgage. S. In the event tht ownership of the mortgaaed pteEniscs, or any part thereof, becomes vested in a person other than the Moctga~or, the ~lortgagee may. without notice to the Nortgagor, deal with such successor or suc- cessors in iaterest with teference to this deed and the debt hereby secuced, in the same manner as with the Nort- gagor without in any way vitiating or discharging the Mortgagor's iiability hereunder or upon the debt hereby secured. No saie of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no ex- tension of the time for the payment ot the debt hereby secured given by the \lortgage~ shall operate to release, discharae. modify. change or affect the original liability of the !1lortgagor herein eithet in whole or in part. 6. The lien of this deed secures and shall continue to secure payment o[ said i~debtedness or indebted- ness, however ~videnced, whether by said promissory note or any renew~al or extension thereof or substitute there- for, or otherwise, untit atl such inciebtedness ahall have been fully paid. 7. !R the even~ the mo~tgagors sell. co~vey o~ ~ronsJer the mortgaged premises during the lije oJ this mo~t- goge, then this ?nortgage shall, nt the option oJ the Alortgagee he~ein, becorr,e immediately due and payable Jor the Jull swn oj the p?incipa! balonee and inte?est then due. 8. The temts "Mortsa6or" and "Mottgagee" whenever used in this instrument shalt inctude the heirs. pasonal reptesentatives, successors and assigns ot the respective parties hereto. Wherever used the singular numbe~ shall include the plural and the plural the singular, and the use of any gender shall include all genders. , Sign sealed e ' the presence ot: (Seal) t i ~ (Seal) ~ f = i ~ ~ ~ L y~c- f f ~ 3TATE OF FLORIDA COUNTY OF ~ ss ST. LUCIE Betote me personally ~~ered WALTER LEE CARLTON, an unmarried man, to me well iosown aad known to me to be tha individuals describcd in and who executed the foreaoins inavument, and acknowted=od befae me that they executed the same for the purposes therein expressed. WITNESS my hand and oft'icial seal in the County and State last aforesaid this 1$th D8y of May, 1972 . ~F.I.1~~.I ~ . ~'::0 ~ ti . 1 i ~ _ ~ .v : .Lty Commission Expires: JLltl@ 1 Notary Publ~c. State of Florid ~ t ~EO AtIS RECOR~E~ i~.,, ' : c_ . ' t E : _ . i ~?w: =~.INClE CaWITY ' - - '~'s ~ Roc£~ ~annus v;~ ; . = y : = ~ IT COYAT : ' : • • • CiE~i~l C~ Cu ~j '~"Z,:~f . , r v c:F;EO~..,- ~f. ~ ~ R~c ~ ~ ~ ~ 04 P~'72 ! 23U41'7 . . ~c~ ~i~ ' ~ ~ - - - ~-.~,"'~~€r - - ~ p