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Home My WebLink About2108 ~ - Our file 5-27,370 th~s m~a~~ta~er .r a~hr~ Uan~le~ of htle w ihe mot~~ared pope~~y m e*Un~u~shme~t u~ the ~ndebtedncss secwed heteby, •11 n~hl, Udt anJ ~n~eresl of ~he \k~u~a~w m~nd to anY ~ncwancc pohc~es ~hen in (orce sA~tl pass to tht putchaser d srsmte. (h) To prr~~wm. c.xnply w~th and ah~dr by eacA and everY 1Ae st~pulat~ons, •~ieemems. cond~UOns and covenants ~n ~a~d p~wn~ssory no~e and ~n th~. deeJ ~et tortA. G 1 Tha~ any of sa~d sumc uf monry Arrtin re(errrd to ~e no~ prump~ly and fuily pa~d w uA~n fdteen days ntat af~er the same severally becomes due and paya~le,a eacA and eveiy tAc stipulat~ons, a~reemen~~, condi~~ons snd covenants o( sa~d prom~s. say note and thu dred, or e~ther, art not fuNy pe~formcd, ccunpleed ~r,U~ and aD~ded by, the .a~d at~reptr sum menuoned ~n sa~d proenuswy nute sAall bec~xne due and payable (athr~th or ~he~ea(ter ~t the opuoe o( the Nort~a~ee as (ully and campletely as d tAe sa~d a~keRrte swa ot sa~d p~.rmccw~• note wac oc~~~nally cUpulated to be pa~d on such day, anyN~n= m saed prom~sswy rtote a here~n to the cancrary no~~~thstand~nR. V 1 That ~o ~wd~r to ~ccelerate ~he ma~ur~~y ot the mdebtedness hereAy secwed, ~ecause u( ~he ta~lure of ~he Mat~aso~ to pay any ua, asst.sme~t, lub~lu~, obl~Qat~un ~x .ncumbrance u~ sa~d propeny, as here~n provided, ~i shall not be neces.ary or reqwsitt that ihe m~.ci~a~ee sAall (uct pay ihe same. 2. The ~tortgagee may, at his option. and without waiving his right to accelerate the indebtedness hereby srcuted and to fotectuse thc same, pay either before or after delinquency any or all of those cettain obligations required by th~ terms hereaf to 6e paid by the \lortgago~ for the protection of the mortgage secnrity or for the col- lection of the indebtedness hereby secured. All sums so advanced or paid by the Alortgagee shall be charged into th~ mortgage account and become an integral patt theteof, subject in all r~spects to the terms, conditions, and covenants oG the aforesaid promissory note, and this mottgage, as fully and to the same extent as though a part of the originai indebtedness evidenced by said nate and secured by this mortgage. oxcepting howevet, that said sums shall be repaid tht Alortgagee forthwith upon its demand and be in addition to the rcgular monthly install- ments provided by the mortgage note. 3. That the abstract or• abstracts of title covering the mortgaged property shall at all times, duting the life uf this rmirtgage, remain in pos.ession of the Alortgagee and in event ot the foreclosure of this mortgage or other transftr of t~tle to the mortgaged property in extinguishment of the indebtedness secured hereby, all tight, title and interest of the ~lortgagor i~ and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the extem of the indebtedness of the Mortgagor to the hlottgagee described herein or secured hereby, the !~lortgagee is hereby subro~tated to the lien or liens and to the rights of the owners and holders thereof of each ~ and every mortgage: I~en or other incumbrance on the lund described herein which is paid and!or satisfied, io , whole or in psri, out of the proceeds of the loan doscribed herein or secured hereby. ahd the respective liens of said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall pass to and be held by thc ~tnrtgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same eatent that it would have been pteserved and would have been passed to and been held by thc \lortgagee had it been duly and regularly assigned, transfcned, set over, and delivered unto the Mort- gagee b~_ separate deed of ass~gnment, notwilhstanding the fact that the same may be satisfied and cancelled of record, ii being the ~ntention af the parties hereto that the same will be satisfied and eanctlled of recotd by the hotders thereof at or about the ~eme of !he recording of this mottgage. S. In the event th~ ownersh~p of the mottgaged ptemises, or any part thereof, becomes vest~d in a person other than the \lortgagor, the ~lottgagee may, without notice to the Mortgagor, deal with such successor or suc- cessors in ~nterest With reference to this deed and the debt heceby secured, in the same manner as with the Mort- gagor without in an~ way vetiating or discharging the htortgagor's iiability hereunder or upon thr debt heroby secured. No sale uf the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no ez- tension of the time for the payment of the debt hereby secured given by the 4lortgagee shall operate to release, dischatge, modify, change or affeet the original liability of the Mortgagor hetein either in whole or in part. 6. The lien ot this deed secures and shall eontinue to secure paymcnt of said indebtedness or indebted- ness, however evidenced, w•hether by said promissory note or any renewal ot extension thereof or substitute thert- for, or otherwise, until all such indebtedness shall have been fully paid. 7. !n the erent the mo~lgngnrs sell, convey or transjer the mo~tgaged premises during the liJe of this mort- RaRe. then this mortgage shn!!, n? the option oJ Ihe Alorlgagee herein. become inernediutely due and paya6le jor the jul! sum oj the principaf balance and interest then due. 8. The terms "Aiortgagor" and "':Nortgagee" whenevcr used in this instrument shall inctude the heirs, personal cepresentatives, successors and assigns of the respective partios hereto. YY'herever used the singular number shall include the plural and the plu~al the singulat, and the use of any gender shall include all genders. ~~lQtit''<~,i ~~lt.Q G~t~~~~ , Si ~ed, seale nd ~li re n the presenc (Sea~) f ~EO AKO ~ f~. {,UCIE COIIMRAi . (Seal) CLERK Ct~t.U? ; pEr,~P~ vc~i- ~ED..•~••-~• , pu STATE OF FLORIDA I i2 3? 1~1 COUNTY OF~ ~ J5 25~5'72 ST. LUCIE . Before me personally appeared Si~~r~C~~j~$Q~l,~~,~1 unmarried WOtilSil ~ SZSO ICIIOWTl to me well known and known to me to 6~ th ~3~ ~v~ ua s deAn6e~ inland who executed the foregoing insttument, and acknowledged before me that they executed the same (ot the purposes therein expressed. WITNESS my hand and off~cia{ seal in the County and State tast aforesaid this 9th Day of June, 1973 ' ~ ' ~ .,~'.uau~dy.. ' -.v • ~ ~ , : • ~ ~ `ty Commission Expires: June 30~ 1975 Notary Public, State of F~O~d'~A~ ~ : - - . rs = . . ~ • ~ ~ - • A F ~ 4.' L~' ; ~ _ ~ j _i.~ 4, ~ . -:FOf_. J ~ ' STAT oF F!_OF?1DA. ~ ~ ~ : -?.:,.R~-.'~-; ; ~ o , ; ~ DOCUMFN ARY S~AMP tA ~ ! : r - . ;r... . DEPT. Oi REVEMUE ~ x, .t ~a~ ` ~ PY. ° .,uN26'13 • : 0 8 Q , • 4 f',~~~~~$ tit~~iNt~?~`~~` o = ~~i~t , ~ =r F~~•: 2~0~ ~ ~ . _ ~ _ - - _ ~ ,r _-Y~ . _r _ _ .