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HomeMy WebLinkAbout1097 Our file 5-25,740 Ih~~ motlragt ur olhtr t~~n.lci ~~r titlr t. ;~c :...•:i ~fu~1C'I) :Ii r~ti:~.~u:.nn.:r.! „i !h; ~~,~:ntr~Rr.. .e.u~rd !~c:rb~. ~I! tight, !~Nr JO/~ 1l11!lt5l UI 1!!C ~~nJt~~Yiy ~A ~~•.1 i.~ ~R~W.~~, i,,.. .r~ •~:cR ~~i t;Kif .h~~: !~i t~c pUR~laaC( af E;to111cf. ~h) TU p!7l~uT, i.ve7p1> a~th ~n.t ~~v,1r n~ r~;': ~ ~c~•. t1~t .;~~~::ie!~~~n.. agt'r:r:rnts, :.,nd~t~.~n. aOd rr~tienant. :n ..ud pr~~m~~~~~~~ ~ote •nd in t~~~ deed ~rl turth, G 1 Th~t ~f any uf aa~d sum. m, rr} ha~tr~r. :,.:r,..~ ..,~t ;,~n:p~l•. .,nd tu!I~ p,~d . ithtr, nttrrn o.,~. nr.t ,,fi~t Iht same ~eve[i11Y Dtcomes Jur .iu~ p~~.ir:lr.,~r it en1 ryr~~,thr .!~pu{ah~~n., eE~~~rmrnt., .,:n,!~ri~~n. ~n~! ~oticnanh uf .aid prumi+- scxy nott snd th~s detd, ur ^uhr~, erc nut ~~.IIti p;;i~,:m~d, ..~mplird •w~th ar...' ahi,~rd b:, Ihr ~~W ..~cKrtg~tr sum mrnUonrd ~n .a~d pr.~m~ssorY note shall becom~ .!ur .,r.,! p,~..~hi< ~,,;~h..:~h :F.,-ira!<<r a~ thr .,p~~,,n „t ;hr ~1~~rtga~t:r a. fully and :ompfrtrl>' J ihr sa~d ae~regate sum of s;~~J t•r~~m~..,ut n~,;r M,~\ .':t;:?,,.;1 .~!1~ U~tllCl~ hr ,~n .wh Ja>'. en>~h~n~ ~n ~a~d pr•,mi..~~ry noce ur herctn [o ~At contrary nut~~th~tanding. O { That ~n order to sccele~atr :rtc ~aaturi~~ ~t eh~ in,i. d~r , rtr•t`~~ . ri wr1. t:,•:ausr ot thr lailuir ut ~hr Vu~~~esg.~T in PJ\' dR~ 1J\. asses.;ment, I~aAiltt)'. JDI1~[d12a~1 ~.....:rb~.,n.r up„n >,,~a ; ,r~h. e~`ncrr~n pr~..idrS. it ~nall no[ oe nr.r....uy .x rryu~~ete that thr mort6aQee shall lust p~~~ thr sar.:r,• 2. The tiortgagee ma~~, at h~. ,>puun, an~i ~~ith~~ut ~+ai~~ing hi. nght to acceleratr the indebtednes~ hereby secured and to forocl~~se thr .:ti*ir, ~a~ ~ith~n c~l~~re ~~r :?(ter d~linquency am~ or ali of thvse certa~n obligati~~ns ~ requ~red by th~ltetms heteof t~~ he ~a~~ b~ th~ \lortgag~+r f~r th~ prot~ction of the mortgage securit> ~r fc~r the col- lecti~~n of the indebtedne.s hr~~b~ serurrd. :VI cwl~. w a~~•anced ur paid by th~ ~lortgagee shatl b~ charged into the m~?ttgage aCCOUnt and hac~~mr an ir.,~gtal ~~art the~~u(, sut~~tct in all respects to the term~, cond~~ions, and cuvenants oC the aforesa~~3 pr.~rr.~,~~~n n~~tr, ~in~i th~. murtgag~, as fuliy and to thr same extent as thaugh a part ~~f the original indebtedness e~•~denced by ~a~.f n~~te and securrd by this mortgagc, ercepting however, that caid sums shall be repaid the \lortgagee forth~~ith u~~~n ~t. demanJ and b~ ~n addition to the tegular monthly inttall- ments provided by the mortgage nc,te. 3. That the abstract ab.tra~t~ oC t+tle ~~~renng the m~~rtgag~d propert~• shall at ali times, during the (ife of thiti mottgage, remain in p~~.u,.~.m .~f ttir tit~~rtgagr~ and in erent c~f the Foreclosure of this mortgage ot other transfar of title ta thz mortgagrd ~mp~r~~ in r~ungu~shment of the indebtedness secured hereby, all right, utle and ~nterest o( the \tortgag~zr in and t~~ an}~ such ab~tracts uf title shall pass to the purchaser or grantee. J. To the extent of the ir.debtrdnes~ ot the ~lurtgagor tu the \tortgagee described herein or secured hereby. the \lortgagee is hereb~~ submgated to th~ lien ~~r I~rn~ ar.d t~~ the rights of the ow~ners and holders thereaf at each and every mortgage, tien or other incumbtanc~ ~•n the tand descriMed herein which is paid and~or salisfied, in wh~?le or in part, out of the prucred. oC the l~~~n deticribed herein ot secured hereby, and the respective liens of said mortg~ges, liens or other ~nrusnbrance., shall he and the same and each c~f them hereby is presetved and shall pass to and be held b>~ the ~lurtgagee herr~n :is ~ecunt~- for th~ indebtedness to the ~lortgagee herein desctibed or hereby secured, to the sam< <xtent that it u~~u1d ha~•e been preserved and w•ould have been passed to and been held by the ~tortgagee had it heen dul~• anei regutar[~ assigne:l, transferred, set over, and delivered unto the \lort- gagce by separate deed ot assignmrnt, nut~+ithstan~ing the fact that the same may be satisfied and cancelled of record, it be~ng the tntenteon .>f the parl~es h~reto that the same NjU hC satisfied and cancelltd of record bv the holders thereuf at or about thr t~me ~~f the tecording ~~f th~s mortgage. _ ~ S. ln the event the o~~ner~h~r ~~i the mur[gaged precrases, ur an~~ part thereof, becortees vested in a person other tha~ the \lortgagor, the \t~~ttgagee ma~, with~~ut notice tu the \lottgagor. deal with such successor or suc- cessors in intetest ~ith refer~ncc tc. thi. deed and the debt here~~• ~ecured, in the same manner as with the Vort- gagor w~thout in an~• aa~~ ~~~t~at~ng ~~r d~scharging thc \}ortgagur's liab~lity hereundet ot upon the debt hereby secured. No salr ~~f the premises hereb~• mottgaged an~ no C~rhearancc on the part of the \tortgagee, and no ex- tension of the ume fur the pa~~ment uf th: Jeht hereby secured gi~•en by tht ~tortgagee shall operate to reiease, discharge, modify, change o~ afiect the ~~nbinal liab~tity uf the \tortgagor here~n either i~ w~hoie or in part. 6. The lien of this deed ~ecureti and ~h;stl cnntinur t~ secure pa~~ment of said indebtedness ~r indebted- ness, hov?~ever evidenced, whethrr b~ ~a~d ~r~~rr,issorc note ur am renewa) or extension thereof or substitute there- ~1 Eor, or othetwise. unti! all such indehtedness tiha!! ha~e been full~~ paid. 7. In the erent the rRO~l~ukn?~ st~!!. cnn+•~~~ c~r trunsfer the~ mortKa~ed premises during the leJe oJ this mort- xaRe• then thes rr~ortgake sha11, ur thc c~~~tean oi thr 11~~?t~>uxeF he?ein, hecame rmmediatelp due and payuble Jor the full sum O! t/te p?tncipal bulunce> und ?nte?est tt?e~n due. 8. The tecros "Vortgagur'~ and "\Iurigagrr" uhcne~~er u~ed ~n this instrument shall include the heits, persona! rtpreseniatives, suzce.sors and a~s~gn+ ~~f th~ respccuvc patties heret~~. N'(~erever used the singular number shall include the plural anJ the plurai thr timgular. and the u,e ~~f an}• gendet shall include all genders. Si ned, seale nd el •er ~r. the . f' prc~rnce of~ ~L-~~- (Seal1 _ ~ ~ (Seall tiC~ c~C_Ci 7~,. c-,-s-v_- f ~ STATE OF FLORTDA I COUNTY OF K~~ ~ ST ge~.,UCme personal ly a ~~~~~e~ GUY T. COKER and PATRY COKER, his wife, to me well knowr and known to mz tu be the ~ndividuais described ~n and who executed the foregoing instrument, and aeknowledged before me t;~at thry executed the Same far the purpc,ses therein exPressed. W~TNESS my h~n~i, and offic~ai seal ~n the Counn artd State la~t afnre~aid th~s I].~~2 DSy of No er, ~.972 ~ 'i Iy. ,.f~0~'.L..; ~ _ -'t; \1y Comm~ssion Fxp~res: _ T ~__yt nP ]~(~]5, ti~~tarv Publ~c, State ~f ' ~ " ; o ~ ; f1lE0 AMC RECOROEO S~''•• ST. LUCIE COUNTr FIA. ~'.,j N y.,. ROGCF ~aiTa~?5 CLERK CI :CtlIT COURT ~ RFCCRD vr~a:s~cp . ~ ZO ~0 37 ~~~Z G R ~ BoQK 208 ~A~E 1097 242306 : : _ w~~~~~~ ~ . ~ r~ ~ . l,t~,-~`~° , ~ ~ ~ _ . ~ = _ ~ ~