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Home My WebLink About2034 Our file 5~24,548 tl~~. m.~~t~taKr uthrr tcan.ic~ .~f Utle w the murtga~ed propetl) ~n exUn~u~shmcot w tht ~ndebteJntss .t.wrd hercby, all nYht, ~~tle aa.! :ntcrr.t ~~t ~h~ \1.~ri~aS~~ a~, ~u any ~nsura~ce pulic~es then ~n force sh~ll pass to the putcAaser or ~rantet. Ih~ "io prn~.~m. ~~wnpl~ ~~tA .?nd ahidc b~ eacA and every the sUpulaUuns. a~~eements. coed~Uons and covenan~s ~n +a~d prom~.wry n,~tc and in ~hi. derd .:Ct fi~tlh. 1~ 1"fha~ ~t any ui sa~d sums ut monry he~t~n rc(rrrrd tu bt not promp~ly snd fully Daid ruh~n (~(lcrn da)'s ne~: .+(tcr th~ same .r~rrally becomes Juc and payaAle,.x ~f each and every the stipulaUOns, a~ceements, cundilwos and co~enants of sa~J prwn~.- .a~v nnte and thi. deed, ot e~ther, are not fully petformed, comDl~ed ~cuh and ab~ded by, the +a~d egB«Iiatt aum menu~rJ in sa~d pn•m~..or> noto shall btc~wne dur snd payable forihwuh ot ~hereaftet st the opUon of tht A1urt`a~et ss fuUy and complHelp as d tht „id aggrega~e sum oi said prom~s.o~)' nate ras ongmally supulated to be paid on >ucA day, anyth~ns in sa~d prom~ssory note or here~n t,~ ~he ~omr~ry notti~thsiand~ng. ~ Thet in orler tu a.cele~a~e i~e mawn?y of the mJebtedness hereby secwed, because o( the fa~lure of ~he ~1wte~~or to paY any ia~, .,.~r~.ment, liahilu~, obl~gation ur rncumb~ance u~wn sa~d property, as hete~n provided, it shall not be eectssary « ~eQwsiu that ihe m~~c~g;,gre .hall fin~ {uy the +rme. Thr \tortgugee may, at his option, and without waiving his right to accelerate the i~debtedness hertb~• ,e~ured and tu forectuse the same, pay either before or after delinque~cy any or all of those certain obligations requ~red by ~he terms hereof to be paid by the ~lortgagor fot the protection of the mortgage secutity or fot the col- le~ti~~n ~~f the ~ndebtedness hereby secuted. All sums so advanced or paid by the Mortgagee shall be chatged into th~ mc~rtgaRe account and hecome an integcal part theteof. subject in all respects to the terms, conditions, and ' cuvenants uf thr aforesaid pr~~missory note, and this mottgage. as fully and to the same exter?t as though a part f of th~ urig~nal indebtedness evidenced by said ~ote and secured by this mortgage, excepting howevet, that said .um~ .hall be repaid the \lortgagee forthwith upon its demand and be in addition to the regulat monthly install- ment, prov~ded by the mortgage note. ' That the abstract ~~r abstracts of title cov~ring the mortgaged propetty shall at all times~ duting the li[e o! th~. murtFagc, rrma?n in passession of the !1lortgagee and in event of the foteclosure of this mottgage or other transirr of title to the mortgaged property in extinguishment of the indebtedness secured hereby. all right. title and ~n~erest of the ~longagar in and to any such abstracts of titie shall pass to the purchaser or grantee. To the extent of the indebtedness of the Mortgagor to 1he Mortgagee described herein or secured hereby, ~ the ~lortgagee is hereb~~ subrogated to the lien or liens and to the rights of the owners and holders thereof of each ' and even~ mortgage. lien or other incumbrance on the land described herein which is paid and!or satisfied, in whale or in part. out of the proceeds of the loan described herein or secured hereby, and the respective liens ot said mortgages, liens or other ~ncumbrances, shall be and the same and each of them hereby is preserved and shall pa~s tc• and be held by the \lortgagee herein as security for the indebtedness to the Mortgagee herein described or hrreb~• ~e.;ured, to the same extent that it wo~ld have been preserved and would have been passed to and been held b~ the \tortgagee had it been duly and regularly assig~ed, 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 being the ~ntent~on of the parties heroto that the same will be satisfied and cancelled of record by the holders thereuf at ur about the time of the recording of this mortgage. _ S. In the e~•ent the o~nership of the mortgaged premises, oc any patt thereof. becomes vested in a person ~~ther than the \k~rtgagor, the ~lortgagee may, without notice to the Alortgagor. deal with such successor or suc- - ressors in ~nterest Nith reference to ihis deed and the debt hereby secured, in the same manner as with the \lott- gago~ ~~ithout in an~~ ~ay ~•itiating or discharging the Mortgagor's liability hereunder or upon the debt hereby ~ece?red. V~ sale uf the premises hereby mortgaged and no forbeatance on the patt of the MorRgagee, and no ex- tensii~n ~~i the time for the payment of the debt hereby secuted given by the Mortgagee shall operate to release. discharge, mod~fy, change or affect the original liability of the Mortgagor herein either in whole ot in part. 6. The lien of this deed secures and shal! continue to secure payment o[ said indebtedness or indebted- i ness, however evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- lor, ut uthetv?~se, until all such indebtedness shall have been fully paid. 7. /n rlce e~•en! the morlRagors sell, convey o? transfer the mortgaged prernises during the lije oj tkis mort- ~;a,~e. then this mo~rgage shall, at the option oj lhe Alortgagee herein, 6ecome immediately due and payable jor the ; iuil sum of the ~+?enc~pal bnlance and interest then due. t 8. The tertns "~tortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, ~ ( personai repre~entatives, successors and assigns of the respective patties hereto. Wherever used the singular ~ number shall inciude the plural and the plural the singular, and the use of any gender shall include all genders. ~ ~ ~ ~~-lL2 (Sea1) S~gn , seated de ~ he esence of: ~ w~~~ ~ G~-f~ ~ (Seal) ~ - s[~t~ / c r~-t~~ ~ STATF OF FLORIDA I ~ ('nUVTY OF ~ ~ ~5 ~ ST. LUCIE ~ Before me personally~ appeared R. A. WHEELER and ADA WNEELER, h13 wife, ~ to me well known and known to me to be the individuals described in and who executed the fotegoing ins ent, ~ and acknowfedged before me that they executed the same for the purposes therein expressed. 'FN~, ~;Iwrd ~ 3 and off~cial seal in the County and State last aforesaid this Zst~l D831 of June, 19.~' r , ~ ~ ~ ~ ~ ~ . ~ , ~ ~:1 I , - ~ ~ 1T • ~ /~J = s ~ ; = ; ~ June 30 1975 ~ ~1} Commission Expires: ~ Notaty Public, State of 1 ~ ~ ~ ~ F1LEC ' E~OROEO ~ ST.IUC~~ :'~Ul1TY fU. ~ ROCE~: + ~~TRAS ~ ~~FDK ` ~ ~IT COURTm~~ ~ RECO+~~ r'_-..- ~ { ,1~ 11 8 29 AM'1Z ~ ~ 2321~ 8 ~ oK ~d~ PAC~ i~~3~ ~ _ } ,.t~ ~ - ~ ~ - _ - ~