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Home My WebLink About2691 , ~ Our file 5-26,980 ~Auc mwt~s~r ~x o~Aer ~ransfei o( uNe w ~he mor~~ssed pope~~y ~a e~~~nau~shmem ut tAe ~ndeb~ednesa sccwed AtroDy, ~11 n~ht, ~~Oc and ~ntere~~ o( ~he l1lor~qsw ~n and to anY ~nswae~ce polic~es ~Aee ~e toae sh~ll pass to ~he purcMser w pan~ee. - } (A) To perfix~n, cumplY ~~~A •nd ab~de by each •~d every tAe shpul~hona, s~reen~ents, cond~t~ms and coveoaeu m said pras~ssay ~ no~e and ~o ~h~+ deed se~ (atA: (i 1'Tha1 1f ~ny of xaid swna ot mu~ey hert~n ~e(ettcd 10 ~e nol promptiy snd fuity paid ~uhia fifteen dsya ntal afu~ 1he san?e severally bccanes due and psyab~e, a if escA and every tAe stipul~uons. ~~reemeets, cond~l~ons snd covee~els of s~~d p~os~s- say eo~e and tAis deed, a e~the~, ue not (ully pert«aied. coa~plied wuh and abided sy, ~Ae ~a~d a«~e~~~e sum ment~oneA ~n said pranissory eote shall Secoae due and pay~ble tathritA a there~fter a~ tAe opiion ot tAe Mortsssee sa tul!y sed completely as if ~he said ss~re{~te sum of sa~d paaiasay note v~s on~mally slipul~ted to se paid on such dry. anythm~ in s~~d pom~ssay note or here~n to ~Ae,contrary not~i~hstand~p~, j (j 1 That ~n orde~ to acceler~te thc matun~y ot tAe inde~tedeess Yereby aecwed, because of the fa~lure ot the Mat~a~or ~o pay any ua, assecsrsent, lia~~lity, obli~a~+on nr encumbrante upon said property, ss here~a provided. shall not be eecescary or reQwsi~e that the in«t~asee shall f~rst pay the same, 2. The !41ort6agee may, at his aption. and without waiving his right to accelerate the inde~tedness heteby : secured and to foreclose the same, pay either before or aftec delinquency any ot all of those cettain o~lisations ' required by thr terms hereof to be paid by the MortgaEo~ for the p~otection of the mc?rtga~e secutity or for the ¢ol- lection of the indebtedness hereby secured. All sums so advanced or paid by the !Nortgagee shall be chatged into the~mortgage account and become an integtal part thereof, subject in all respects to the terms, conditions. and covenants of the aforesaid promissory note, and this mortgage. as fully and to the same extent as though a patt af the original indebtedness evidenced by said note and secured by this mortgage. excepting however. that said sums shall be repaid the Mortgagee [orthwith upon its demand and be in addition to the regular monthty install- ments provided by the mortgage note. 3. That the abstract or abstracls of title covering the mortgaged pmpecty shall at all times, during the life of this mortgage, remain in possession of the Mo~tgagee and in event of the foreclosure of this mortgage or other transfer aC ti11e to the mortgaged propetty in extinguishment oi the indebtedness secured heteby, all ri6ht. titlc and interest of the M.~rtgagor in and to any such abstracts of title shall pass to the putchaser or 6rantee. 4. To the extent of the indebtedness of the Mortgasor to the Mottgagee described herein or secured heteby. the Mortgagee is hereby subrogated to the lien or lie~s and to the rigbts of tbe owners and holders theteof of each and every mortgage, lien or othet incumbrance on the land described herein which is paid and/or satisCied. in whole or in part, out of the proceeds of the loan described herein ot secured hereby, and the resPective liens of said moregages, liens or other incumbra~ces, shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein desctibed or hereby secured, to the same extent that it would have been Pteserved and would have been passed to and been held by the AMrtgagee had it been duly and regulatly assigned, Vansferted, set over, and deliveted uato 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 af the parties heteto that the same will be satisfied and cancelled of record by the holders thereo[ at or about the time of the recording of this mortgage. 5. ln the event the ownership oC th~ mortgaged pra~nises, or any part thereoE, becomes vestod in a petson other than the '.Nortgagor, the Nortgagee may. without notice to the Mortgasor. deal with such successor or suc- ~ cessors in interest w•ith reference to this deed and the debt hereby secured, in tho same manner as with the Mort- ~ gagor without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby ~ secured. No sale of the premises hereby mortgaEed and no Porbeatance on the part of the Mortgagee, and no ex- tension ot the time for the payment of the debt hereby sec~ued given by the Mortgagee shall operate to release~ discharge, modify. change or affect the origina! liability of the Mortgaaor htrein either in whole or in part. b. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ness. however evidenced, whether by said promissoty note or any renewal oc extensioe thereof or substitute there- for, or otherwise, until all such indebtedness shall have been fully paid. 7. /n 1he event the mortgagors sell, convey or transjer the mortgaged preneises during the Jije oj this mort- gage, t6en rhis mortgage shall, at the op~ion oj the Afortgagee herein, become inemediately due and payable Jor the jull sum of ~he principal bvlance and interest then due. 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs. personal representatives. successors and assigns of the respective pazties hereto. Wherever used the singular ~ ; number shall include the plural and the plu~al the singular. and the use of any gender shall inclnde all genders. ; t ~ ~ Si ed, seal eliv ~n the presence of: (Seal) i i ~ (Seal) i ~ ` STATE OF FLORIDA I ~ couN ST ~ LUCIE ~ SS ROSE ETHEL ADDERI.Y, an unmarried woman, also ~ ` known as ROSE ETHEL ADDRLEY and ROSE ETHEL Before me ptrsonally ap~eared ~D~~Y , ; to me well known and known to me to be the individuals described in and who executed the fotegoing inst~wnent. ~ arxi acknowledged before me that they eaecuted the same [or the purposes therein expressed. W1TN~S^~?~:~pnd + ~ and official seal in the County and State last afotesaid this 26th Day of April L~J3 ~ ~ `+~w~r +~~~~~~i~: ` ` 1 . ~ t;,. i ~~i~ ~ • ~ L. A ~ • ~ i ' : ~ ' ~ • ~ June 30, 1975 ~ _ F ~ a . ; ~1y Commission Expires: Notary Public, State of • t = ~ ~ 's~' b'1 (?",t: ' ~ , Q ~4 K~C `I~ / s. '';,T , ' 6 fl~~ ~ N~ ~ ~ `J ~ ~ _ 1E ~4~ 7 . . ~ . . ; ' 253902 s~.~uc ,J,t~~~ b • i ; wocE~ cu~r cov~~ 1~ ; ~ti,.i,. . . ; CtERvEK~t?E~ ~~~q~iN~n~~~~~~~~~~'~•'~ . j i pE~~pp ' / ,_.r. ~ 2 ts PN 13 , ~ a~~~ 213 ~A~f 2687 ~ - ~ _ _ . ~ ~ ~~~~~w