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Home My WebLink About2846 : J ~ ~ - r Our File 5-24,387 this ma~~~~e or other transfe~ of tiQe ~o the mort~~~ed properiy ia eitio~u~sM~em oi tAe ~ndebiedness secwrd heieby, all ri~ht. htle and inlerest ot the Mort~~~a~ ~n and to any i~surance policies then ia toree sAall pass to the pwcA~ser or ~~antee. (h) To pe~fam. coaAply rritA ~nd apide by eacA and eve~y tAe s~ipu?a~ions. a~reements, cond~tions and co~•enan~s in c~~d pran~ssoty aote snd ia tA~s deed set fortA. (i) TAat it ~ny of s~id aums of moaey here~n re(erted to be aot p[omptlY ~ad fully paid r~~th~n fiheen days neat a(ter tAe ssse sever~lly becomes due and paya~le,ar if eacA and every the s~ipulatioas, ~~~eements, cond~~iona snd covenan~s o( said p~om~s- say note u~d tAis deed. or either. are not fully pertorsed. casplied ~rith and abidcd by, the .a~d aure~aie sum menuoned in said promissoty note sball pecose due and paYaple forlA~itA or theteatter ~t the option ot the Nurt~atee as fully and complelely as it the s~id ~sEte~ate sms of s~id promicsoty note rr~s on~inally stipulated to be paid on such day, anythin~ ~n said prom~ssory note or heretn to the contruy notWithst~adin~. (j) Th~t ia orde~ to actelet~te the mstun~y oI We indebtedness Aereby secured, because oI the failure of the Mort~a~or ~o paY anY aa. assesssent, li~bility. obli~a~ion or encumbrance upon said proparty, as herein provided, i~ shall not be necescary ar requisite that the mort~asee sh~ll tirst pay the same. 2. The Mort~agee may, at his option, and without waiving his right to accelera:e the indebtedness hereby secured and to fweclose the same, pay either before ot after delinquency any or all of those certain obligations iequired by the terms hereof to be paid by the Mort`agor tor the protection of the mc~rtgage security or for the col- lection of the indebtedness hereby secuced. All swns so advanced or paid by the Mort6agee shall be charged into the mort~ase account and become an intearal part thereo[, subject in all respects to the terms. conditions, and covenants of the aforesaid promissory note, and this mortgage. as fully and to the same extent as though a part o[ the otisinal indebtedness evidenced by said note and secured by this mottgage. excepting however. that said sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the regular monthly install- ments pmvided by the mortgage note. 3. That the abstract or abstracts of title coverins the mortgaged ptoperty shall at all times, during the life of this mortgage. remain in possession of the Mortgagee and in event of the foreclosure of this mortgago or other trans[er of title to the mortgaged property in extin~uishment of the indebtedness secured hereby, all right. title and interest of the Mortgagor in and to any such abstracts of title shall pass to the pur~haser or grantee. 4. To the extent of the indebtedness ot the MQrttagor to the Mortgagee described herein or secored hereby, the Mortga~ee is ~creby subrogated to the lien or liens and to the rights ot the owners and holders thereof of each arnd every mortgage, lien or other incumbrance on the Iand described herein which is paid andtor satisiied, in whole a in part, out of the proceeds of the loan desecibed herein or secured hereby. and the respective liens of said mottta~es, liens or other incumbrances. shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security fot the indebtedness to the Mottgagee i~erein describad or hereby secured, to the same extent that it would have been preserved and would have been passed to and been held by the Mortaagee had it been duly and resularly assianed, transfened, set over, and delivered unto the Mort- gagee by separate deed of assignment. notwithstanding the fact that tha same may be satisfied and cancelled of record, it bei~g the intention of the parties hereto thst the same will be satisfied and cancelled of record by the holders thereof at or about the time of the recordin6 of this mortgage. S. ln the event the ownership of the mottgaged ptemises, or any part thereo[, becomes vested in a person other than the Mortgagor, the Nortgagee may, wit6out notice to the Mottgagor, 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 Mort- gagor without in any way vitiating or discharging the Mortsasor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mottgagee, and no ex- tension of the time for the payment ot the debt hereby secured given by the Mortgagee shall operate to release, discharae, modify, change or affect the original liability of the Mortgagor herein either in whole or in pact. 6. 'i'he lien of this d~ed secures and shall contiaue to secare payment of said indebtedness or indebted- ness. however evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- [or, or otherwise, until all such indebtedness shall have been fully paid. 7. /n the event the mor~gagors sell, convey or transjer the mortgaged premises during the lrje oJ this moit- gage, then this mortgage shall. at the option of the Mortgagee hereire, 6ecome immediately due nnd payable jor ~6e ~ jull swn oJ the principal 6alance and interest then due. ~ 8. The te~ms "Mortgagor" and "Mortgagee" whenever used in this insttument shall include the heirs, ' pasonal tepresentatives, successors and assigns of the respective parties hereto. Wherever used the singular number shall include the plural and the plural the singular the use of any gender shall include all genders. . r ~ Sign d. sealed d ive d in e resence of: «a~~ _ (Seal) ~ STATE OF FLORIDA COUNTY OF ~ ss ST ~e oUCmleEpersonally appeared JULIA PARRIS , 8A unmarried WOmBII ~ to me well Icnown and known to me to be t6e individuals described in and who eaecuted the fore6oing instrument, ~ and acknowled6ed befote me that they eaecuted the same for the purposes therein eapressed. WITNESS my hand and official seal in the County and State last sforesaid this 1$th D8q Of M831~ 1972 ' : . . . '.et.~ ~~:~/J i„ ,n~i~i. ~L s ~ June 30 1975 Florida " a - .:++y = 1Ay Commission Expires: ~ Notary Public. State of /riE0 AND RECORfLA. _ _ - - Y~ " tE COUM1'f iT. lUC ~R POITMS b~ Q~~~~`~' ~l.EitK CIRGUIT COUR~ ~ ~ y. ORO VEF~FtEO ; IIEt % d~~'7~_H'~•~tr. ~'''~,rn~+,~:~ r• ,lr~ t 12 io PN'~Z ~ 230659 ~c~ _ 4.~ - _ s~ 's+~35