The URL can be used to link to this page

Home My WebLink About2742 f . ~ / Our file ~ 5-26,915 iA~s a~wtpRe .K uihr~ ~ansle~ o( U11e tu ihe mat~a~ed ptoperty ~n eaun~u~shmeat u~ che ~ndeb~edness aecwed Ae~eby. sl! ri~lu, u~le ~mf ~nure}t of ~he ~ka~ta~w ~n and lo sny mswsnce pohc~e~ ~Aen ~n (otce sl~~11 oast to the pwch~u~ a{~~n~ee. (h) To per(nm, cumplY ~r~tA and ab~de by e~ch and eYery ~he al~pulauoni, •~reeaenls, tond~UOns and cwenaels ~n s~~d Prae~ssay aote and in th~a deed se~ (ath. (i 1 TAat d any ot said aums o( mo~ey herem ~eterred to bc aot praeptly and (ully pa~d w~th?n t~heen dsyt neat sQer } thc same severally becomes duc snd payable,or if e~cb ~nd svery the siipul~t~ons, ~~reeeeenia, cond~tions and coven~nu of s~~d poa~s- say note aod lhis decd. or eltAer, are eot Wlly pertormed. coaipiied rritA and ab~ded by, the aa~d au~e~a~e aw? senuoned ~o aaid paaissay note sAa11 becaae due snd p~y~ble tathvitA or there~tter at tAe optian ot the Mwt~a~ee aa fulty and compietely as if the s~~d a~{re~ate sus ot s~id promixso~y not~iris o?i~uiilly sup~lated to be p~id on sutA d~r, anytAios i~ s~id praaiasory note or Ae~ein to ~Ae contnry noi.i~hsland~n~. ~ ~ (j 1 That ~n «de~ to accelerate tAe ma~un~y ot tAe indeptedeess hereby aecwed, because o( the fa~ture ot tAe M«t~a~or ~o p~y any 1aa, ~ asxeasmeel, I~ab~lity, obli~ation M en~umbrance upon sa~d ptoperty, as here~n provided, i1 shall not be oeces~ary or repu~site that the m«e~a~ee shaN Iira~ pay ~Ae ssme. 2. The hbrtgagee may, at his option. an~! without waivin6 his riaht to accelerate the indebtedness hereby secured and ta foreclose th~ same, pay either before or after delinquency any or all of those certain obli6ations required ~by the tetms hetcof to be paid by the MortEagor for the ptotection of the martgase security or fot the col- ~ lection of the indebtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be chat6ed into } the mottgage account anJ become an integral part thereof, subject ie all respects to the ttrms, conditions. and covenants of the aforesaid promissory note, and this mortgage, as fully and to the same extent as thou`h a part of the original indebiedness evidenced by said note and secured by this mort6age. excepting however. that said i sums shall be repaid the Mortgagee fotthwith upon its demand and be in addition to the cegular monthly i~stall- ments provided by the mortgage note. 3. That the abstract or absuacts of title coverina the mortgaged property shall at all times, during the lite of this mortgage, remain in posscssion of the Matgagee and in event of the foreclosure o[ this mottgage or other transfer of title to the mortgaged property in extinauishment o[ the indebtedness secured hereby, all ri~ht. title and interest of the Mortgago~ in and to any such abstracts of title shall pass to the putchaser or srantee. 4. To the extent of the indebtedncss of the Mortsagor to the Moctgagee described hercin or secuted het~by, the Mortaagee is hcreby 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 laad deseribed herein which is paid and/or satisfied, in whole or i~ part, out of the Rracseds of the loan described herein or secured hereby, and the respective liens of said mnrtgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and sh:ll pass to and be held by the Mortgagee herein as security [or the indebtedness to the Mortgsrgee 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 Mort~agee had it been duly and re6ularly assisned. tcansfetred, set over. and delivered unto the Mort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satis[ied and cancelled of record, it being the intention of the pazties heseto that the same will be satisfied and cancelled of [ecotd by the holders thereof at or about the time of the recordina of this mortEage. 5. In the event the ownership of the mortgaaed premises. or any part thereof, becomes vested in a person other than the !1lortgagor, the ~lortgagee may, without notice to the Mortgagoc. deal with such successor ar suc- cessors in interest Kith reference to this deed and the debt hereby secured, in the same manner as with the Mort- gagor without in any way vitiating or discharging the Mortgagor's liability heieunder or upon the debt hereby secured. No sale of the premises her~by mortgaged and no forbtarance on the patt of the Mortgagee. and no ex- tension of the timc for the payment of the debt hereby secured given by the Mortgagee shall operate to release. - discharge, modi[y, change or affect the original liability of the Mortgaaor herein either in whole ot in part. 6. The lien of this deed secures and shalt continue to secure payment of said indebtedness or indebted- ness, however evidenced, whether by said promissory note or any renewal or extension theraof or substitute there- for. or otherwise. until all such indebtedness shall have been [ully paid. 7. In the event the mortgagors sell, convey or trans jer the mortgaged premises during the Ii je oj this mort- qage, then this mortgoge shall, at the option oj the Atorlgagee herein, 6eco~xe inunediately due and paya6le jor the Ju!! sum oj the piincipal 6alance and interest then due. 8. The tenns "Mortgagor" and "Mortsagee" whenev~r used in this insttument shall include the heirs, personal representatives, successors and assigns of the respective puties hereto. Wherevet used the singular number shall include the plural and the plural the singular, and the use of any gender shall include all genders. i ' Sig sealed li red in presence of: ~ (Seap ~ - , f (Seap ~ c~-H~ ~ ~ i ~ STATE OF FLORIDA I ' COUNTY OF O~I~ j ss ~ ST. LUCIE ~ Befor~ me personally appeared ~~ISTOPHER ANDERSON and MAGGIE ANDERSON, his wife ~ to me weli known and known to me to be the individuals described in and who exscuted the fore~oina instrument, ; and acknowledged before me that they execated the same for the urposes therein eapressed. my hand f and official seal in the County and State last aforesaid this l~th D83t of April, ; ,`~~~.~N~uuu~N~~i~~ ~ , ~v vni~,~ _'~;~;,+t:: .Y € • ? ' ' i4.^, ,'~t. ~ ~ly Canmission Expires: .1»ne ~0~ 197~ Notary Public. State of F e , 1 ~ ~.r: ~ 53938 ~oROE~ s cs~ z. . ~ 2 a~ F~~. s,~ ~ : , _.:;.,~~~k, : . ' f~tEO~~E G0~ 5~1~5 ( 'ti, 6: : •~•:.:"i..M.~: ~ g~t. ~~~E;; ~v`` ~pu~t - y,~~~~~~,~.~ ~.s Ep~.~~, ti ~i" ~ AfC~P.~ •L 59 ~`'13 aoox 213 `,~c~ 2733 ~ ~9~ _ - . ~