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Home My WebLink About3522 , Our file S-2S,972 th~s murteage ~ other tnoslti of ~Nle ~u the mortgaged jxopcrty ~n e~ungw~hment ol the ~nde~tcdne,. ~rcurcd he~eA~, ~11 r~eh~, ~itto and ~nterect o( tAe \1o~t~a~or m xnd to any ~nswan~r pul~c~es tAen ~n (utce sA~ll pa~s to ~ht purchr~er or Krrn~ee. (h) To perlam, c.xnply wuh and aG~de by eacA and evcry the st~pulaUons, a`rtements, cond~tionc rnd :o~enants ~n sa~d prumn~ury no~e rnd m th~a derJ .et forih. (i) TAat ~f any of said sums ut money here~n rotecrcd tu be nut prwnptb' and (ully pa~d wuh~n Itf~crn ~~ys ne~t attrr the samt severally Aecomes due and payable,~ ii ea~h and ecery the st~pulat~ons, ag~rcmrnts, cund~t~an~ and co~enant~ oi sa~d prumi.- say nott and tA~s deed, ot cither, ue not (ully prrformed, compl~ed W~th and ab~ded Ay, ihe .a~d ~ggreg~~c sum ment~ontJ m sa~d ptum~ssory note shall becixne due and payabte fcxthr~tA ix tt?ercatter at the opaun of ~hr Slortg~gre as (ully and completrl)' as ~f thr sa~d a~~resate sum o( said prom~csury note ~ras ong~nally st~pulated to be ~+aid m.uch day, anythmg m sr~d prom~swr~ note or herc~n lo tAe cantrary not~ithstand~ne, • • - ;_.,_..._w.,.« ~~.~w.. ~~~....A h~rauct ~hr fa~lure of the Vur~gagur t~~ pa)' any taa, V r uu: ~G a........ ~ . assessment, I~ab~litp, obLgation or encumbrance upon sa~d propetly, as hercm proc~ded, ~t shail not be neres.ary ur trqu~suc that t~c - mortsa~ee shall i~r~t pay the same, 2. The ~brtgagee may, at his option. and without waiving his right to accelerate the indebtednesc hereby secured and to Eoreclose the same, pay either before or after dtlinquency any or atl of those certain obtigation~ required by the terms hereof to be paid by the Mortgagor for the protection of the mortgage secarily or for the col- lection of the indebtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into the mortgage aecount and become an integral part thereof, subject in atl respects to the term~, conditions, a~d covenants oL the aforesaid ptomissory note~ and this mortgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said nate and secured by this mortgage, excepting how•ever, that said sums shall be ~epaid the \lortgagee forihwith upon its demartd and be in addition to the regular monthly install- ments provided by the martgage note. 3. That the abstraci or abstracts of title covering the mortgaged property shal! at all times, duri~g the liCe of this mortgage, remain in possession of the 4lortgagee and in event of the foreclosure of this mortgage or other transfer af title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title and mterest of the ilortgagar in and w any such absttacts of titte shall pass to the purchaset or grantee. To the ettent of the indebtedness of the Nortgagor to the ;tiortgagee described herein or secured hereby, the ~iortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is ~aid and~or satisfied. in whole or in part, out of the proceeds of the~ loan described herein or secured hereby, a~d the respective liens of said mottgages, liens or other incumbrances, shall be and the same and each of them hereby is presetved and shail pass to and be held by the \lortgagee herein as security for the indebtedness to the t1ortgagee 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 ~tortgagee had it been duly and regularly assigned, transferred. set over, and delivered unto the Mort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of record, it being the intention of the patties hereto that the same will be satisfied and cancelled of record by the holders thereof at or about the time of the recording of this mortgage. 5. In the event the oa~nership of the mortgaged premises, or any part thereof, becomes vested in a person other than the 5lortgagor, the ~lortgagee may, without notice to the ~iortgagur, deai with such suc~esso~ or suc- cessors in interest w~ith reference to this deed and the debt hereby secured, in the same manner as with the \tort- gagor without in any w•ay vitiating ot discharging the A1ortgagor's liability hereunder or upon the debt hereby secured. Na sale of the premises hereby morigaged and no forbearance on the part of the hiortgagee, and no ez- tension of the time for the payment of the debt hereby secured given by the !~1ortgagee shali operate to release, discharge, modify. change or affect the original liability of the ~lortgagor herein either in whole or in part. b. The lien of this deed secutes and shall continue to secure payment of said indebtedness or indebt~d- ness, however evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- [or, or othetwise, until all such indebtedness shall have been tutty paid. 7. In ~he.event the mortRogo~s selt, convey or transJer the mortgaged premises during the liJe oj this mort- gage, then this mortgage shall, at the option oj the ,ltortgagee heretn, become immediately due and payable jo~ the Jul1 sum oj the prirrcipal balance and interest then due. - S. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular number shall include the plural and the plural the singular, and the use of any gender shail inciude all genders. i a - Sig ed, seaied d iiv red ~n the presence of: '-~f~- ~1 ~ (Seal) ' ~-C C,C 1- 'i. t_ 1 t..~ ~ (Seal) L/ / = , _ y _ ~ , j ' ` STATE OF FLORIDA I COUNT~T F ~~E j ss ~U(:1 ~ ~ Before me petsonally appeared SAMUEL HARRIS~ JR, and PEGGY ANN HARRIS, hiS wife, to mt well k~own and known to me to be the individuals described in and who executed the fotegoing insttument, and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS.my l~and and official seal in the County and State last aforesaid this 7th Day of De ber, 1972 - "s 3; f,, - y ~ ~ ;i• ~p: . ' 0~ 1"' : ~ly Comm~ssion Expires: JL111e 3O, 1975 Notary Publ~c, State of Flor - e' - - . ,1 F~tEO dN0 aECOROEe " ' - ST.lUC1E COUNTY f1.A- '~j ~r r ~ ROCER F0ITRAS l , ^ ; CLEBK C?F.CUIT COURT RECORD VERIf IEO i a~ za io s~ a~ ~~i aoaK 2~9 FA~f 517 243958 fi_ - _ ~