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Home My WebLink About0212 . Our file 5-2G,553 th~s mwt~~~e a otAer u~nste~ o( ~~Ue w ~he wort~a~eQ ptoperty ~e tal?n~wahment w ihc ~ndr~tc~nr.~ .r.wed hoir~~~, ali naM, utlc and ~ntercat o( tAe Mott{~~a ~o and to any ~nsurance pol~c~es ~hen in (o?ce shali pass w ~hc p~xchr,e~ granter. (A1 To pe~fau~, comply ~r~th and ab~de by uch anJ every the st~putauuns, a~rcemen[s, cond~ti,~n. and co~cn,rt~. ~n .a~d piumi.sw> note at+d in tAu dced set tortA. G) TA~t if ~ay of ~~id sums of money ht~em refened to be not promptiy snd [uUy paid a ~l~~n i~firr~ d~y. ne~t ~tier tAe s~oe sevu~liy pecomes due and payable,w if tach snd every U~e stipulations, aRrcemrn~s, c~~nd~~ion. and co~rn~n?~ o( .a~J prum~c- soty nott ~d tAli deed, or e~tAcr, aro no! fully perforaed. compl~ed +~th and ab~dcd hy~, the .aiJ aggrrgatr ~um mcmionrd in s~~d promissay no~e sAall become dut and paysble fatA~uA a thereatte~ st tAe ophon ot ~he \to~t~agre a. fully ..nd co~pletely as d ~hr said a~~te{ate sua~ o( said promissay note was on~~na11Y supulated to Ae psid on suc~ day. anyth~nR m.a~d prom~..~,r>• noie or herein to the cont~uy notwitAstandin~. ) That ~a o~der to actelerate tAe mat~rrity ot the iedebttdaess hereby secwtd, Aecause ut ~hr (a~lurr of the \tu~~gago~ pa)' any Is~, assessment, liability, oblisation ~x encumbraece upon sa~d prop~rty, as herrm pru~ideJ, ~t ~hrli no~ be nrcr~..uy ~K rryuisite th~t iAe mortss~ee sA~ll first pay the same. ~ . The Mottgagee may, at his option. and without waiving his right to a~celerate the indebtedne~s hereby secured and to [oteclose the same, pay eithe~ btfore or after delinquency a~y or al! of those certain obligations required by the terms hereof to be paid by the lNortgagor for the protection of the mortgage security or for the col- lection of the indebttdness hereby secured. All sums so advanced or pa~d b~• the ~lortgagee shall be charged into the mortgage account and become an integral part thereot, subject in all respects to the terms, conditiuns, and covenants of the aforesaid promissory note, and this mortgage, as fully and to the same extent as though a part of the oti~inal indebtedness evidenced by said ~ote and secured by this mc?rtgage, e~cepting however, that said sums shall be repaid fie Rlortgagee forthwith upon its demar~d and be in addition to the regular monthly install- ments pmvided by the mortgage note. - 3. That the abslract or absuacts of title covering the mortgaged property shall at all times, during the fite~ of this mottgage, remain in,passession of the 111ortgagee and in event of the•foreclosure of this mortgage or othe transfer o[ title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title and interest ot tha Mortgagor in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the exteni oi the indebtedness of the Mortgagor to the Atortgagee described herein or secured hereby, the 1~lottgaate is heteby subrogated to the lien ot lie~s and to the rights of the owner~ and holders thereof of each and every mortgage, lie~ or othet incumbrance on the land desctibed herein w•hich is paid and: or satisfied, in whole or in patt, out of the proceods o[ the loan described hetein ot secured hereby, and the respective tiens of said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shal! .pass to and be held by the Nortgagee herein as sacurity fot the indebtedness to ihe 1lortgagee herein dascribed or hereby secured, to the same extent that it would have been preserved and would have been passed to and been held by the Mortgagee ~had it been duly and regularly assi~ned, transferred, set over, and delivered unto the ;11ort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of record, it bting the i~tention of the parties hereto that the same will be satisfied and canceiled of record bv the holders thereof at or about the time of the recording of this mortgage. 5. 1n the event the ownership of the mottgaged prefnises, or any part thereof, b~comes vested in a person other than the !1lortgagor. the ~lortgagee may, without notice to the ~lortgagor, deal with such s~ccessor or suc- cessots in interest with reference to this deed and the debt hereby secured, in the same manner as with the \lott- gagor without in any way vitiating or discharging the 1lortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no [orbearance on the part of the 4lortgagee, and no ea- tension of the timt for the payment of the debt hereby secured given by the ~lortgagee shall operate to releasc, - dischargt, modify, change or affect the original liability of the Mortgagor herein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ness, howevet evidenced, whether by said promissocy note or any renewal ot extension thereof or substitute there- for, or othetwise, until all such indebtedness shall have been Cutly paid. 7. !n the event the nrortgagors sell, convey o~ ~~ansjer tJre mo~tRaged premises during ~he life oj this mo~t- gage, then ~kis mo~Jgage shall, at the option oJ the ~fortgagee herein, 6ecome immediately due and paya6le Jor the Jull sum oJ the principa! 6alance and interest then due. - 8. The tetms "Mortgagor" and "Mortgagee" w~henever used in this instrument shall include the heirs, personal reptesentatives, successors and assigns of the respective parties hereto. N~herever used the singular number shall include the plural and the plural the singular, and the use of any gender ~hal] include all genders. . , Sig ed, sealed ive d i e presence of: ~ ` tSeal? (Seap ~ c.c-c~ y,,c~a_ ` STATE OF FLORIDA I COUNTY OF f 'S ST . L~ G~ Be[ore me personally appeared JOSEPHINE C. DILLER, an unmarried woman, to me well known and known to me to be the individuals desctibed in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expressed. WIT.NESS my hand and official seal in the County and State last aforesaid this 3ra nay of Mareh, 1973 ;ti.: ' . . r`~ • ' - _ c.>,' . ~-i : . ~ . `~~~\\II1~1f111~~~• ~ •i i ~ ~ . y Y 0 f + _ ; Y ~ t ~ ' ' : : 1~fy Commission Ex ~~es: June 30 ~ 1975 Florida_` :O ~ P Notary Puhlic. 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