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Home My WebLink About2652 Our fi2e 5-27,391 ~A~. m.~~t~e~~tr w,~~Ar~ 1~an.lc~ i,t u~lr ~u ~he mu~~Xr~cd {xopr~t~ ~n ca~~ngu~.hment ul ~~e ~ndeAtedne.a .ecwrd ~eieAy, •11 naht. ~~~le anJ ~n~ere~t ~~1 iAe \f~.i~gasur in rnd ~o an~ inswan.r pul~ciea then ~o (orct sA~ll paas In tht puraAssct o~ ~ra~~ee. IAl 7u pr~i~~~m. ~~•mpl> ~~th rnJ •h~~t h~ earh and rver> the s?~pul~uuns. a~reem~nts, aoodU~~xf~ and r~~~en~e~s ~o s~~d p~umi~cwy note anJ ~n th~. drrJ .r~ Imth. 1 Tha~ anY ol .a~d ~um. ul munr~ ~r~t~n ~tfrtrrd tu bc not prumptl~• and fu{ly pa~d ruh~~ (~f~een J~ys nt~t aher tAe .~me .r~r~ally Ar.nmes duc and payable,~K if ea.h and every the ~r~putauuns, ae~cemrnt+, ..,r.d~uon~ aad co.enants of sa~d pran~s_ sory notr and fA~~ dred, ur ~~ther, arc na tully pe~tnimed, c~~mplieJ w~tA and as~ded Ay, the .a~d aRS~rpte aum mem~unrJ ~n s~~d prum~.scx) nute shrll bec.xne dur and pa>at+le ior~A~iM o~ thcrcatterat the ophon o( the llortEadee as tuilY ~nJ complrtely' ac tAe .a~d a`~ree~~~ .um .,f ~3tll pfcYlt7~~M~' OOl~ ras onginslly ~hpulated w be pa~d m+ucA day. any?h~n~ ~e sa~d prom~ssotY note or Aere~n tu the :omrar~ nu~~uh.tandmR- l~ ~ Tha~ ~n orde~ to a.rele~ate ~he m~iuri~~ ui the ~ndebtedne+s herehy secured, because ot the (a~lurc o( ~he Mor~ga6~~~ P~Y ~~Y - r~~e~sment, I~ehili~~, nhl~g~Uuo ~.r rn.umbrancc upun sa~d proporty, as hercm pruv~ded, u chall no~ be ne~es~ary ix reqwsue tAat the mortEaRee .hal! fu.t p,y ~he .ame. ~ The ~tortgager may, a~ his opnon, and without waiving h~s nght to accele~ate the indebtedness hereby s~cured and to forecluse the aamr. pay either hefore or after delinquency any or aU of those cettain obligations requued by the terms hereof to he paid by the ~lartgag~~r f~r the protection of the mortgage security or for the col• Ic~uon of thr indebtedness hereb~~ secured. :'111 sums so advanceJ or patd bp the '4k~~tgager shall be charged into the mortgagr account anJ hecume an ~ntegral part thereof, sub~eet in all respects !o the terms, conditions, and cuvenants of the af~xesaid prom~ssory nu~e, and this mottgage, as [ully and to the same extent as though a part af the original indebtedness e~•idenced by ~a~J note and stcuted by this mortgage, excepting however, that sa~d ~ums shall be repaid the \tortgagee farthwith upan its demand and be in addition ta the regular monthly instali- ments provided by the mortgage note. 3. That the abstract ur abstracts of title rovering the mortgaged property shall at a!! times, during the life of tiu~ murtgage, rema~n in pc~s.ess~on of the '1lottgagee and in event of the foreclosure o[ this martgage or other tran+frr e~f t~U~ tu the mc?rtgaged pcoperty in extinguishment of the indebtedness secured hsreby, aU tight, title and intere~t of the \tortgagor in and to any such abstracts of title shall pass to the purchaser or gtantee, ~i. To the extrnt of the ~ndebtedness of the ~iartgagor to the ~lottgagee desccibed herein or secured hereby, the \lortgagee is hercb>~ subrogated to the lien or liens and to the nghts of the owners and holders thereof oi each and ever~ mortgage, lien ar other incumbrance on the land described herein w~hich is paid and~or satisfied, in whote or irt part. out of the proceeds of the loan described herein or secured hereby, and the respective liens of sa~d mortgages, liens or other ~ncumbra~ces, shall ba and the same and each of them hereby is pteserved and shall pa~s to and he held by the ~I~~rtgagee here~n as security for the indebtedness to the Nortgagee h~tein desecibed on c~reb~~ ~ecured, to the same exte~t that it v?ould have been pteserved and would have been passed to and been held by the ~lortgagee had ~t been duly and regularly assigned, transCetred, set ovtr. and delivered unto the Mort- gagee b~• separate deed of a~s~gnment, notw•ithstand~ng Ihe fact that the samt may be satisf~ed and cancelled of record, i! being the ?ntenuon ~~f the parties hereto that the same will be satisfied and cancelled of record by the holders thereof at nr about the ume of the recordinp of this mortgage. 5. In the avent the ownership of the mortgaged premises, ot any -Qart thereof, becomes vested in a person ~~ther than the ~k~rtgagor, the ~tortgagee ma}•, w~ithout notice to the ~lortgagor, deal with such successor or suc- cessors ~n interest with reference to this deed and the debt hereby secured, in the same manner as with the ~1ort- gagor ic~thout in ~n}~ way viUating or discharging the !1lortgagor's liability hereunder or upon the debt herebp secured. No sale ~.f the premises hereb}• mortgaged and no forbearance on the patt of the Mortgagee. and no tx- tension of the ume for the payment of the debt hereby secured giv~n by the !1lottgagee shall operate to release, discharge, modify, change or affect the otiginal liability of the \lortgagor herein either in whoie or in part. 6. The t~en uC this deed secures and shall continue to secure payment of said indebtedness or indebted- ness, however eviJenced, w•hether by said promissoty note or any ~enewal or extension thereof ot substitute there- lor, or othtrwise, unt~l all such indebtedness shall have been fully paid. 7. /n /he ercnt the ntorlgnRors sell, convey o? t?ansJer the mortgaged premises during the life of this mort- qa,qe, then rh~~ mor[RnRe shall. at the oprion oJ the .'11or~Ragee herein, beco?ne immediately due and payabfe jor ~he (ul! sum of ~he nnncipal balance and ~n~erest then due. 8. The terms "~tortgagor" and "tilortgagee" whenever used in thi~ instrument shall include the heirs, ! personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular number shall include the plural and the plural the s~ngular, and the use of any gender shall inclnde all genders. i ~ - j Signed, sealed and delivered in the presence of: (Seal1 ~ n ~ ' ! L - : . ~ ~ ~ ~z.~t - Lf ; ~ " (Seal) ~ ? ~ , F tf 0 ~~C ~+ECORp~O ~r: , , . t _k ' ~ 4 .LU•.^.iF. C~UMTr fi.A_ ; ~Cf;f • ;N'PAS ~ STATF OF FLORIDA i~ 25'7911 pF ~L~P~~~~ ;~U~T COURT ~ COU~VTY OF ~ . - ~ : ST. LUCIE ~ +MMr 1~ 5$ ~'1~ ~3 Before mc petsonali} appeared SAM DONALD ~ an unmarried man, , ' to me well known and knawn to me to be the individuals descr~bed in aad who executed lhe fotegoing insuument, ` and acknouledged before me that ihey executed the same fo~ the purposes there~n exptessed. WITNESS mv hand and off~c~al seal in the Caunty and State last aforesaid this 16th Day of June, 1973 _ ,,,?znn:uuiri June 30 1975 " ~ty ('omm~ssion Expires: ~ at Florida t, ~Rl~uallr~.'~?u~v,f , ~ . y~ ~ : i • ~ ~ _ . ;t _ ; = t ,;•>"F f ~ ' = _ : _ - ; ~ . - _ c~.r~ ; ~ n .1 - ; . , : . , ~ r ~ B~Q~ F~r,~ I •~s• rJ 215 -2~4~ - - . - _ - ~ y-