HomeMy WebLinkAbout1689 Our file 5-25,813
ih~. m+~:~~te~r athrr ~ran.te~ „i tule tu ~he mor~~ea~ed ptope~~) ~n eRUntuuhment ol the ~ndeb~edne~s ~ecwed Aereh>. ~11 n~ht, utle
.~~d ~mr.~.~ ~he \louia~w m and to ~nv in.wame pol~c~es ~hen ~n tur.e chall paas to the putchase~ o~ puntee.
Ih~ T~• o.~~,•~m. ..~mp1Y +~tA •nd ahide A~ ea:A and every tAt st~pulat~ons. a~rcements, cund~~wns ~od crt~enyn~c ~e .r~d prom~.~or>
n..:r nnJ ~n ~hi. .lerd .r~ furtA.
1 ~ 1~ ~ lAa~ ~t an~ .4 ~~~d sums u1 m.~nr~ here~n ~etrrrrd ~o be not promp~l> rrW (ull) Pa~d ~uh~n Idtrr~ da>~ ne~t etter
i~e .ame .r.r~~lly Aecames due and paYshle.w J e~~h and evety lhe .upulat~ons, ~RrcemrnK, ~on.i~uonc and co~enantc ~N .a~d prwn~..
...rc note ~nd tA:a Jetd. or euher, are not iu11Y performed. comphed +~tA aod aoided Ay, ~he .a~d aR~rt`ate sum menuunrd ~e csid
pr„m~.~~.r~ no~e ~hetl be.ane dur .?nd pa~sblc irxiA~uA ~.r the~cafter at tAe opu..n of ~he \1u~l~ta~re as lulb' rad :omple~elY as ~i thr
.a~d ~K~t:e~t.ur .um o! said prum~..on nnte wa: onK~nally supulated W bt pa~d oo ~uCh dyY. ae)tA~n~ ~n sa~J prom~c~oty note or hertin
t.• ~h~ a~~Nr~~1 not~uthsundmR.
~ T*~.,} ~a „rde~ to ac.ele~ate the ma~urit~ u( the +nJebtednesc hereby se~wcd. Ac~aust ol tAr (a~lu~t ot ~he \to~tRa~a~ pa)' any
.~c.e~.!nrni. I~eh~l~t~, .~I~~tat~un ~a ancumbrance up.x~ sa~d p~nperty, as hetrm prov~ded, ~t shall not be neces.ary « reQu~si~e lhat tAc
. m..reK.~~e~ .!!.~Il f~r.~ pa~ tAr +ame.
Thr ~lurtgagee may, at h~s opuon, and without wa?v~ng his right to acceletate the indebtedness hereby
.«urrJ anJ tr f~recluse the .ame, pay either before or after delinquency any or all af those certain obligations
reyu:rtd hy thr terms herrof to be ~ai~ by the \tortgagor for the protection of the mortgage security or fot the col-
Ir~t:~~n ~~i tht ~ndet+tednecs hrreby secured. All sums so advanced ot paid b~ the ~lottgagee shall be charged into
thr ri~~rtgage account anJ become an ~ntegtal patt thereof, subject in all respects to the term~. conditionc. a~d
<<~venanh of tfir aforesaid pmmissorc note, and this martgage, as fully and to the same extent as thaugh a part
~~f the or~ginal ~ndebtedness evidenced by said note and secured by this mortgage, excepting howevet, that sa~d
.um~ ~hall be repa~d the \lortgager forthwith upon its demand and be in addition to the regular monthly install-
mtnta ptovidcd by the mort~age note.
3. that the abstract ~~r abstracts of title covering the mortgaged property shall at all times, during lhe life
.~f thi~ murtcage. rtma~n in possession of the \lortgagee and in event of the foteclosute of this mottgage ot Mher
tran.ier ~~f u~le t~~ the mc~rtgaged.pr~perty in extinguishment of the indebtedness secured hereby. all right, title
and ~nterest of the ~lortgagor ~n and to any such abstracts a[ title shall pass to the putchaser or grantee.
-3. To the extent of the ~ndebtedness of the Mortgagor to the 4lortgagee described herein or secured hereby.
the ~1~~rtgagee is hereb~• subrogated to the lien or liens and to the rights of the owners and holders thereot of each
and e~er~• fiortgage. lien or other incumbrance on the land desetibed herein whieh is paid and or satisfied~ in
Nh~~lr ~?r ~n part. out of the proceeds of the loan described herein or secured hereby. and the respective liens of
~aid m~~rtgages, l~ens or other ~ncumbrances, shall be and the samt and ~ach of them hereby is prtsetved and shall
pa~s :~nJ he held b>~ the \lortgagee herein as securit~~ for the indebtedness to the ~lortgagee herein desctibed
or hereb~ ~erured, to the same eYtent that it w~uld have been preserved and would have been passed to and been
held b~ the \I~~rtgagee had it been duly and regularly assigned. transfetted, set over. and delivered unto the lllort-
ga~tee h~ se~arate deed of a~s~gnment, notwithstanding the fact that the same may be satisfied and cancelled of
rc~~~rd, ~t bring the ~ntrntion of the patties hereto that the same will be satisfied and cancelled of record by the
h~~IJers thrrenf at or about thz t~me of the recording of this mottgage.
In the event the ov?nership of the mortgaged premises, ot any part thereof, becomes vested in a person
~~ther than the \1~~rtgagor, the \tortgagee may, withaut notice to the :Nortgagor. deal with such successer or suc-
ce.~~~rs ~n ~nterest N~th refer~nce to this deed and the debt hereby secured, in the same manner as with the ~1ort-
gagor ~~thout ~n an~ ..ay viuating or discharging the !1lortgagor's liability hereunder ot upon the debt hereby
cerured. V~ sale of the premises hereby mortgaged and no forbearance on the patt of the Mortgagee, and no ex-
trn.u~n ~~f the ume fur the pa~•ment of the debt hereby secured given by the \lortgagee shall opetate to release,
d~~charge, m~d~f~~, change or affect the original liability o[ the !1lortgagor herein either in whole or in part.
b. The li~n of th~s deed secures and shall continue to secure.payment o[ said indebtedness ot indebted-
ness, huwever e~idenced, v?hether by said promissoty note or a~el~e~a~{lOpe~jObg~re~rtM~b~tps~~
Cor. ur i~thetwlse, until all ,uch ~ndebtedness shall have been j,yl~F~ne~ ~ue u~an tr.atur.~ 1~ ~ ~~...f2
i 7. /n the e~en~ the morl~nRo?s self, com•ey or transjer tjte mortgage preni~ s dunng t e i7 oJ't s mort-
M ka~e. thcn thts mortqaRe shafl, a~ the option oj the Alortgagee ~~~~ec~ t~~~e1~~lIBi~ld~a~e
~ tuI! su?n of rhe ~??nc~pal halance ared ~nterest then due. xj~~~~ ~p~~ by t~:~ mpl'~gg$~ Ypda_ ~
S. The ~erms "~tortgagor" and "~lortgagee" w•heneve used ip s ~ns ument shall incluae the he~rs.
per~~,nal r~presentat~ces, successors and assigns of the res~~~ip~s~~~~herever used the singular ~
number ,hall ~nclude the plural and the plural the singular, and the use of any gender shall include all genders.
S~gned aled and del~~•ered ~ the presence of: E~-s'L-~ C~ ~-~G (Seal)
<«v ? -~-~~c-~~"c~ (SeaU
/
STATF OF FLORIDA I
i ys
('nUNTY OF ~C ~~y CAUSEY and FLORENE CAUSEY, his wife, formerly
ST . LUCIE ~l~ S~
Beiore me personally appeared known aS FLORENE FERGUS4N, S1S0 f
t~ me ~ell knov?•n and known co me to be the individuals described in and who executed the egom~,~p,s,.rum~i,
~ and acknow~ledged before me that they executed the same for the putposes therein exptessed. 14~IT'IV~.SSZ.~r~r,lft~d,
and off~cial seal in the County and State last aforesaid this lgth day of November,l972.~'.~-'~"~~ '-...:o's;
~
~ i;! . ,~n,, ~ ..i .
~ , -
- .L ~
~ \1~• Cammiss?on Expires: June 3O~ 1975 Notary Public, State of Flori~-' r g.~,~~ '
~EC0~0~~ '2i '1t~
fILEQ ''•~~u~~nv`~~ _ -
ST. l'JCr"_ ~~UNTY FIA. ~
N~~ ~ COURT ~~l
C.LE~.F. ..:..3: ~
~cr: . - _
~ No~ 18 3 05 PM'72
40 ~ a~x~ ~~1~
~ 242'7 .r -
~ ~ ~
r~ :
Y~ R 3 .
- ~ ~ a'~'xb~-i'V„,.
q.~.y~'"`°3~~r~~ ~~S'~"° - s $
~a. L~~"4 Y
'~"AM :6. 'i ~ _ _
_ . _ e. ~e~~i ~•.'S _