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Home My WebLink About0568 . Our file 5-25,696 tn:. m~r.tKr~. ofArr tran.~r~ ~.1 hllr ~o tAe mo~IKa~ed ptoMrt~ ~n t~un~w.hment .,1 tlft inJebteJncs. ~e~wrd hetrM. ~11 ~~~At, uUe .~~J ~mrrr.c ~~s tAr V.~~~Ra~o~ in .,nd ~o am ~ncuranio pul~c~ec ~hen ~n furce .h~U pa.s io ~he puriAaser or ~,ran~ee. Ih~ i~~ prri„rm, ..vapl~ ~itA ~nd ah~de by e~:h and every ~he ~~~pul~i~on., a{rtements. condu~on. ~nd co~en~n~. ~n ~dt, (~1\1T~~\Uf\ n.~:r .~nd in ~D~. .lrrJ .rr i,.rtA, 1~ ~ Ih~t ~1 eny ~~t .~W ~um. ot m.mr> hrrein rrirrrrd lo be nul promptl) and lull) Pa~A a~lh~n liitrrn da~. nt~t ~tte~ ~I+r ...me ~i~rr~liy Arcomes due and paYahle,~w ~1 e~.h .~nd t~er> lAe chpulat~.:n., ~Rtrtmrnt.. c~~n,f~~~on. and co~enan~c u~ .a~d prumi.- ..+~c notc ~nJ th:~ deed. or euher. are not fu11Y ptrlormed, c~~mpheJ ~~th rnd ab~ded Ay. tht .e~d a~t~rtgate sum monUOncd ~n caid pr,~m~.son n~~!c .A~11 be..xnt dur ~ne ~a~.,nie iro~h~ith .K thetrattcr at the opt~on ot the Vu~tga~re rs (ulh' an~ complrtrl>' as ~i ~na ~,i~1 ~KK'e~.~tr .~m ot caid prom~..ur~ n~,tt w~c ~it~g~nd11F shpula~ed la bt pa~d .x+ .ucA day, an~ihm` m sa~d ptomu.un note ot here+r. t.. ~hr .,•nt~,.r~ norauhlUnQ~nE. ~ T:+.,~ ~n .~rdrr ~o a..tle~a~e :he matur~~p ut thr ~ndebtednesc hrreby cecuted, b::aust uf tha fs~lure of the \turtKr~.~~ pa> an) .,c.r..mrnt, I~~Ai1u>, obl~Rauun „r rn.umA~~nce up..n sa~d propert>•, as hrrem pro~~ded. ~t shall no~ be ne~e~.ary M ~e~wsne ~h~t ih. . .~~~K..'ec .hall fu.~ pay the .ame. Thr ~tottgagee ma}•, at h~s opt~an, and without wa~v~ng h~s right to accelerate the indebtedness hereb~ .«urcJ anJ tu forecluse the ~ame, paq either before or after delinquency any ot ali of those certa~n ol+ligations teyu+r~.1 hy th~ terms hrreof to be paid b~• the \lortgagor f~r the pr~tection of the m~rtgage secutity or for the col- lect:~~n ~~i the indebtednesc herzby secureJ. Ail ~ums so advanced or pa~d by the Nortgagee shall be chatged into thr .n~~rtgage account anJ hea~me an ~ntegral part thereof, subject in all respects to the terms, conditionc. and ~~~~-enants uf the aforesa~d pram~ssor~~ nute, and this mottgage~ as fully and to the same exteot as though a part ~~f ~hr original ~ndebtedness evidenced by said nate and secured by this rm~rtgage, excepting however, that sa~d .um~ .hall b~ repaid the \1~~rtgagee forth~ith upon its demand and be in addition to the regular monthly install- ments providcd b>• the murtgage note. 3. Thst the abstract ~~r abstracts of title covering the mortgaged ptoperty shall at all tim~s, during the life ~~f th~. m~~rtcage, remain in pos.e~~~on of the \lortgagee and in event of the foreclosute of this mortgage or other tramirr ~~f title tu the mortgaged property ~n extinguishment of the indebtedness secured hereby, all right, title and ~nterest uf tht \tortgagor ~n and to am• such abstracts a[ title shail pass to the putchaser ot grantee. a. T.~ the extent ~~f the ~ndebtedness of the !1A~rtgagor to the Alortgagee described herein or secured hereby. the \tortgagzr hereb~~ subrogated to the I~en or liens and to the rights of the owners and holders thereof ot tach and r~et~• m~~rtgag~. I~en or other incumbrance on the land described herein which is paid and'or satisfied~ in Kh~~l< <~r ~n part. out of the proceeds of the laan described herein or secured hereby. and the respective liens o[ ~a~d m~•rtguges. liens or other incumbrances, shall be and the same aod each of them hereby is presetved and shall pa.. i~~ and br heid b~' the ~k~rtgagee here~n as security for the indebtedness to the Mortgagce herein described or hereh~ ~e~ured, t~~ the same extent that it would have been ptesetved and would have been passed to and been hrid b~ the ~1~•rtgagee had it been duly and tegularly assigned, transferted, set ovet. and delivered unto the \lott- ~age~ b~ .epara~e Jeed of axsignment, notKithstanding the fact that the same may be satisfied and cancelled of rrrord. ~t hring the ~ntrnuon of the parties hereto that the same wiU be satisiied and cancelled of recotd by the hrlders thtre~~f at ~~r about thr ume of ~he recording of this mortgage. 5. In the event the ownership of the mottgaged preEnises, or any part theteof, becomes vested in a person ~~ther than the ~f~+rtgagor, the \tortgagee may, without notice to the \lottgagor, deal with such successor or suc- re.,urs in inttrest ~~th refer~nce to this deed and the debt heteby secured. in the same manner as with the \lort- gagnr ~~~thout ~n an~ wa~~ v~t~ating or discharging the !1lortgagor's liability hereunder or upon the dzbt_herebv .z~wred. ti~~ sale ~~f the premises hereby mortgaged and no fotbearance on the part of the Mortgagee. and no ex- ten~um of the ume f.~r th~ parment of the debt hereby secured given by the ~lortgagee shall operate to telease, d~scharge. m~~d~f~, rhangc or affect the ong~nal liability of the ~lortgagor herein either in whole or in part. b. The I~en oi th~s deed secures and shall continue to secure payment of said indebtedness ot indebted- nes,, huwe~•er e~~denced, whether by said promissoty note or any rcnewal or extension thereof ot substitute there- f~~r. ~~r ~~therwi~e. unt~l all ~u.;h indebtedness shali have been fully paid. /n rh~• e•~•ent rhe ?no?~~uRo?s sell, con~~ey o? t?ansJer the mortgaged premises during the lije of this mort- ~ ,;~~e. ~i~cn this nto.t~oQe sha!!. at rhe op~?un oJ the .lfortgagee herein, become immediately due and payable Jor ~he ~ rull tum of the ~rinc~pal balance arcd ~nrerest then dae. ~ R. The terms "~tortgagor" and "!,1lortgagee" whenever used in this instrument shall include the heirs, per.onal representatives, successors and assigns of the respective parties hereto_ Wherever used the singular number shalt include the plural and the plural the singular, and the use of any gender shall include all genders. ~ . S~ . e e o • ~-GC `-{-Csl-s~ (Sea g . eal l er in the pr sence f. I1 ~ ~ L, c ~3j1 " . ~ lSeal) / ~ ~i~ ~1 ~ _ ~i. ~ _ STATE OF FLORIDA I ('(IUNTY OF Q[~ ` ~s ST. LUCIE Beiore me personally appeared MOZELLE McMILLIAN and CARRIE McMILLIAN, his wife~ t~~ me ~ell know~n and known to me to be the individuals described in and who executed the foregoing instrument, ~ and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand ~ and offic~al seal in the Count} and State last aforesaid this 2nd Day of November, 1.972 w ~ ~ J . ~ , y ~ ~1y~ ('urrm~ss~on Expires: Juil@ 3O, 1975 Notary Pu~lic, State of Florida 8C' ~ e o= ~ . . I . ~ r~- : _ FI~EU nhC 4 ~CeQOEO ~ C/ -'r = ~ ST_ WCI: CoUNIY FLA_ - %J ~ S ;'g ~ Ra~E~' '~'RAS ~ ~-O°~~ 7.•. ~ CLiRk G~.~11~ CGURT y 1?~ RFr~:~^ ~;rr : ~f• , , ~ ~ No~ 13 ~ 2a PF~ '7 "1 a°o x~0S ~c~- ~ ~ 241931 s 4 . ~ ~ ~'»~cq.~, ~ 'h ` ~e-~`''rL~k`~ "c~' ''-+~»'~'-;€~C t...~" ; ~-'3~ z"`~ _ ~ ~ ' -s, . _ . _ . . - . . Ls.