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Home My WebLink About1983 . Our file 5,26, 501 th~. u~w~~a~e ~r o~he~ lwnsier ot t~tle to tAe a~wt~ased ptoperty m e~unjwsAae~t ol lAe ~ndebteAeieax stcwed Aeroe). ~11 ~~~A~, atlc anJ ~nu~e+t ..f Ihe Matsa{w ~n and to ~ny ~nawaece polic~es ihea ~n fwce iA~ll pass to ~Ae puechsser a~r~a~se. Ih? To perinm. c.r~p1Y and ss~de by eacA ~n0 every eAe supulauoe?:. apee~se~u. coadlhons ~ad COYtA~AIf m s~~d p~oni~sxaY note and ~a ~h~. deed sct tweA. l~ 1 Tha~ d any of sud aums a~ raaney Aere~n ~ete~red to se not ~oeipUY ae~d tuUy pa~d ~•~tA~a _ h(uee dsYc ~ta~ afte~ the same ~rrerally Secoses due se?d p~Yable.a s~ch aad every tAe st~oulauoss. a~teeoent~, conJ~l~ons and eoveesets ot sa~d p~om~s- aav eo~e and tA~s deed. or euAe~. •re not tuliy ;.e~twwed. coopl~ed ~r~~A ~nd ap~ded bY. tAe ss~d sute~a~e sew menuoned m said ptan~ss~xY nute sAsll btcome due am1 paY~ble tortl+~uA or tAereattcr •t ~he opl~on o( tAe Mort~siee as tully and con+p~e~ely ss if ~he ca:d si<<eltste sua~ o( sa~d pran~cswy r.ote ~rss or~{~na11Y supulried to Ae pa~d on such daY. anytSinR ~a sa~d praa~ssory aoie a Aere~n i.. ~he c.xurar~ notr~~Astaad~n~. l~ 1 TA~~ ~n '+fdlf 10 7CCCICfilt lllt NIYIIty ot tAe ~ndebtedoess As~esy secured. ~etause ot the fa~tu~t o( tAe Mwi~a~or ~o pay any ux, rs.e.;iaen~, IuD~l~h, obl~~atioe ~x encwaWance upun sa~d property, as Aere~n pror~ded, it shall not be eeces~ary ot teQuu~~e that tAe TJS~RJE!! sAall hrs~ pay tht same. • 2. Thr lbtt~agee may, at his opt~on. a~d without waivin~ his ri~ht to accelerate the inde~tedness hereby .erured and to foreclose the same, pay either betore or aftet delinque~cy any ot all oi those cectain obli~ations tequired by the terms hettof to be paid by t;?e NortEator [ot the ptotection of the me+rt~aat secwity ot for the col- Itction ot the indebtedness he~eby secured. All sums so advanced or paid by the !Nortsa6ee shall be cha~~ed into thr m.~rtgage account and become an inteatal put thereaf. subject in all respects to the terms. conditions, a~d c~~venants of the aforesa~d promissory note. and this mortgage. as ful~y and to the same extent as thou6h a put ~,f the .~riEinal indebtedness evidenced by said note and secured by this mottaage. exceptins howevet. that sAid ~umc chall bt repaid the !1lottgagee fotthwith upon its demand and be irt addition to the re6alar monthly install- mznts provided by the mortgage note. That the abstract'or absuacts ot title c~vering the natt=aaed prop:.rty sh~ll at all times. duting the li[e of thi. mortgage, remain in pc~ssession ot the Alortgagee and in event of the foreclosure of this mort`a6e or other tran~fer af title to the mortgaged property in extinEuishment o[ the indebtedness secwed heteby. all tiEht, title and inte~est of the ~lottgagor in and to any s~ch abstracts of title shall pass to the poichaser or srantee. ~l. Ta the extent o[ the indebtedness of the Mortgaaor to the Mo~tgagee described herein or secured hereby. the \tortgagee is hereby subrogated to the lien or liens and to the ~iEhts of the owners and holdera theteof of esch and eveFy mortgage, lien or other incumbrance on the land described herein which is paid and!or satisfied, in w•hole or ~n part, out of the proceeds of the loan described herein or secured hereby, and the respective liens ot said mortgeges, liens or other incumbrances, shall bs and the same and each of them hereby is preseryed and shall pass to and be held by the ~lortgagee herein as security [or the indebtedness to the Mortsaaee herein desctibed or hereby secured, to the same eatent that it would havt been ptesetved and would have been passed to and been held by the ~Mrtgagee had it been duly and cegulatly assiEned. transfened, set over, and delivered unto the hlott- gagee by separate deed of assignmeot, notwithstanding the fact that the same may be satisfied and cancelled of record, it being thz interttion of the parties hereto that the same will be satisfied and cancelled o[ record by the holders thereo[ at or about the time of the recordins of this mortgaae. 5. In the event the ownership of the mortga`ed premises. or any part thereof. becomes vested in a parson other thao the ~lortgagor, the \lortgagee may, without notice to the !Nortgasor. deal with such successor or suc- cessors in interest with reference to this deed and the debt hereby secuced. in the same manner as with the A1ort- gagor wuhout in an~ way vitiating or discharging the 111ortgagor's liability her~under or upon the debt hereby secured. No sale of the premices hereby mortgaged and no forbearance on the pact of the Mottgagee. and no ex- tension of the time fur the payment of the debt hereby secwed aiven by the Mortgagee shall operate to release. discharge, modify, change or affect the original liability of the Mortgagor herein either in w~~~le ot in part. 6. The lien af this deed secures and shall continue to secure payment o[ said indebtedness or indebted- ~ ness, however evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- f for, or otherw~se, until all such ~ndebtedness shall have been (ully paid. I 7. /n the e?•ent the :no?iRngo?s sell, convey or t?onsjer the inortgaged pre~ises during the lije oj [his most- ~ Rage. lhen rh~s ~sortgaAe shall, at the opiion oj the Atortgagee herein, brcome inunediately due and pnya6le Jor the full sum oj the principal balance and ireterest then due. ' 8. The tertns "!Nortgagor" and "blortg~~ee" whenever used in !his instrume~it shall include the heits, ~ personal representatives, successors and assigns of the respective pazties hereto. Whetever used the singular number shall include the piural and the plural the singular. and the use of any gender shal) include all genders. Signc sealed nd liv ed ~ the preseRCe of: ~ ~ ~ ~~~Kn~~ (Seal) ' (SeaU ; ltt~ ~ STATE OF FLORIDA I ~ COI:NTY OF pI~~L j ss - ST. LUCIE ~ Before me personally appeared $~NJAMIN J. PARRISH, an unmarried man, tn me well known and known to me to be the individuals described in and who executed the foregoina instrwner~t. and acknowledged before me that they ezecuted the same for the purposes therein expcessed. WITNESS my hand ~ and official seai in the County and State last aforesaid this 24th Day of February, 1973 . ~ ~ ~ ~ ~t ; : ~ ~!y Ccxnmission Gxp~res= .;11R@ 3O, 1975 Notaty Public, scace oc Florida • . - - : W ~ - - _ _ ' _ FIlEO at~~ ~:ci,~oEO - - ~ ~ . ST.IU~~lE ~~iUNTY FLA. , J.. = ROC'_-' P0ITRAS ~ E` _ •-~y - - CLE?.K ~:=C;i1i ~OURT . ~~{x . iiE~~~n^=~ ~:i " FI"~ •,t : ~''~~nin~u~~"'~,- IU~ 6 2 a2 PH'13 ~ 249i45 aoox211 ~c~1~~ ~ . - ~ . ~ 4 _ ~ ~ ~ ~ ` ~ . i ; - ' 3 „a~Y ~d~ ~ } . t ~~~~~~y . ~"~Ln`~~~'.-~~'~.,_...~'~ a`xS . 5w.~,?-c'iA''v