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Home My WebLink About1369 Our file 5-25,042 ~h~s nwtt~a~e a other ttansit~ ul utk ~u the mott~aged prope~ty ~n eaun~{u~shment u1 tht ~ndebtt~ness +ecurcd AcrcA~, rll n~h~, ~~tle aMt iMerest ot the Aiorl~a{a m and to any incwance policies then ~n force shall pass to the purchaser u~ gr~ntee. (A) To perf~xm, complY W~th and ab~de by each and every the supulauons, a~reements, cond~twns snd coven~nt. ~n sa~d promi~su~)' ~ote and in tA~x deed set fo~th. 1 That ~ny of said sums of mone)' here~n ~etrrrrd to 6e ~ot promptly and (u11y pa~d ~ ~th~n i~Urrn days ne~t rfte~ the same severally becomes due and payable,ur ~t euA and eve~y the st~pulauons, ae~rements, rond~hons and co~enant~ of w~d Prumi~- say note and this deed, ot tither, art not tully pcr(ormed, cumpl~ed ~~th and ab~ded ~Y, ~he .aid aggrega~e sum menuonrd ~n ~~~d prom~ssaY note shall beco+at due and payable for~hM~tA or thereafter at the op~ion o! ~he Afo~lgagre as (ully and completrly as ~f ~hr said a«re~att sum ot said ptom~:sory note was ot~ginally stipulated to be patd on such day, anyth~n6 in sa~d praeissuty note or herc~n to the contnry notr•ithsta~din~. 7'hat m order to accelerate tAe mawnty ut thc mdebtedness hereby secwed, because o( thr fa~lure of the \Iwtgag.x w pay any ~a~. assessa~ent, liability, obli6ation cx tncumbrance upon sa~d property, as hercm pravidtd, ~t shal) not be nerts.ary ot tequ~s~te tAat the m«tsa`ee sAsll first pay the same. 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtedness hereb~~ secured and to foreclose the same, pay either before or after delinquency any or all af those certain obligations required by the terms hereof to be paid by the ~fortgagor for the protection of ~he mortgag~ securit~~ or for the col- lection of the indebtedness hereby secured. Al) sums so adva~ced or ~aid by the !~lortgagee shall be charged into the martgage account anJ become an integral patt thereof, subject in all respects to the terms, conditions, and covenants of the aforesaid ptomissory note, and this mottgage~ as fully and to the same extent as though a patt of the original indebtedness evidenced by said note and secured by this mortgage, except~ng however, that said sums shall be tepaid the ;1lortgagee forthwith upon its demand and be in addition to the regular monthly install- ments provided by the mortgage note. 3. That the abstract or absuacts of title covering the mortgaged property shall at all times, during the life of this mortgage, remain in possession o[ the `lortgagee and in event of the foreclosure of this mortgage or othcr transfer of title to the mortgaged property in extinguishment of the indebtedrtess secured hereby, all right, title and interest of the Mottgagot in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby. the \lortgagee is hereby subrogated to the lien or liens and to the rights of 1he owners and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and'or satisfied. in whole or in part, out of the praceeds of the loan described herein or secured hereby. and the respective liens of said mortgages, 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 ~1ortgagee herein as security [or the indebtedness to the Mortgagee 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 Atortgagee had it been duly and regularty assigned, transfetred, set over, and delivered unto the ;11ort- gagee by separate deed of assignment, notwilhstanding the fact that the same may be satisfied and cancelted of record, it being the i~tention of the parties hereto that the same will be satisfied and cancelled of record by the holders theteof at or about the time of the recording of this mottgage. 5. In the event the ownership of the mortgaged ptemises, oc any part thereof, becomes vested in a person other than the !~lortgagor, the \lortgagee may, without notice to the ~tortgagor. 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 11ort- gagor w~thout in any w~ay vitiating or discharging the Nortgagor's liability hereunder or upon the debt hereby secured. No sale of the ptemises hereby mottgaged and no forbearance on the part of the 4brtgagee, and no e~- tension of the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release, discharge, modify, change or atfect the original liability of the ?Nortgagor herein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness ar indebted- ness, however evidenced, whether by said ptomissory note or any renewal or extension thereof or substitute there- ~ for. or otherw•ise, until all such indebtedness shatl have been [ully paid. ~ 7. !n the event the morfgagors sell, convey or transjer the morlgaged pre~nises during the lije oj this mort- ~ gage, then ehis mortgage shall, at /he option oj the Afo?tgagee herein, become immediate?y due and payable Jor the Jul! sune oJ the principat 6alnnce and interest then due. 8. The tertns "hlortgagor" and "!Nortgagee" whenever used in this instrument shall include the heirs, personal tepresentatives, successors a~d assigns of the respective parties hereto_ Wherever used the singular ~ number shall include the plural and the plural the s~ngular, and the use of any gender shall include all genders. / i Signed, sea a d elive d in the presence of: ' (SeaU ^ ' r , (Seal) ; u~~/ / ~ ` - STATE OF FLORIDA I ' COUNTY OF ~K ~ ~5 ST. LUCIE ~ Before me personally appeared HENRY CRUTCHFIELD and ALICE CRUTCHFIELD, his wife, to me wetl known and known to me to be the individuals described in and who executed the foregoing instrument. ~ and acknowledged be(ote me that they executed the same for the purposes therein expressed. WITNESS my hand ~ and official seal in the County and State last aforesaid thi 12th Day of Au 113t ~ 1972 ~ ~ ~ ~1y Commission Expires: Notary Public, State of F1 8 @ ~ FfLEO ?hD 'nt~OR0E0 ~ ST.IU~tE ~~~NTY FLA. . ROG~ ~ Pt~iTaAS ~ 1 fR1. ti~~`• CCURT C PECOP..'. Y`~~•`tEU Auc 23 ti t z5 AM'1 Z ~ 23595~ ~R` a~oK~O~ ~~~~3~q - - - ' ~ ~ -