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Home My WebLink About0879 File 5-27,490 th~. mu~~gaKr ~a „~hr~ uan~~r~ ul uUr ~hc must~tarrd pupc~t~ ~n ~~un~unhment ul th< ~ndtA~eJnt~+ ~ecureJ Aerchf. ~It r~~At, uNt and inu~e.~ ul Ihr V~a~Karut ~n and tu ~nf' ~ncueance pulicitc then ~n (orce shall pa+s to Ihc puraAaccr or ~un~et. (hl To p.•r~n~m. ..Mnpl~ ~~tA rrtd a~iJe Ay e~aA ~nd evety the cUpulahuns. •~rcemenis, cond~tu~n. snd roaen~nts ~n ti~~d prum~cawy n~~l~ rnd ~n Ih~. derJ ~rt torSh. 1 Thal d any u( .a~d wm. ut m.~nry hrre~n teirrrrd to be ~u1 ptumpily ~nd (ully Pa~d ~~th~n (~Gcen days nea~ al~er Iht seme .rvc~~ll> Aa•~omes dur an1 paya~le,iw ~f e~cA and e~e~y the st~pulauons, a~teemcnt~, curtd~t~ue~ and cotienants ot sa~d prom~s. scuy no~r rnJ tAu Jccd, ur euhrr, are nm tully per(ormed, compl~ed M~th and abided hy, the agsre~ate sum menuoned ~n sa~d prom~ssixy nate sA~ll bec~~me due ~nd pauAlc foriAM~ih ~u ~he~ea(tcr st tAe opUun of ~he \tortp[ee as tully and completelY as ~f tAe sa~d a~ert~a~e ~um a1 sr~d ~unm~~.ury nnte wa~ ~+ng~natt)~ s~~pulatcd to be pa~d on such d~y, snyth~n~ m sa~d puxn~s~oty note or here~~ to tAe con~ia~)' noty~thstrnd~nR. 1~ 1 Th~t m nrder ~o ~ccele~atr thr mo~un~> uf the ~nJebudnecs herehy secu~ed, A~cause of ~Ac (ailure oi ~he \lort`a~w ~u pay any u?, ~cse.smeni, I~~F~Iu>. obl~~a~u,n ~.r .•n.umM~n.e upon +a~d properiy, as herein pror~ded, shatt not bc nece~•ary w reQu~s~te tha~ the mun~a~re shall f~rsr pay tAe samr. 2. Thr Vortgs~re may, at h~s apUon, and w~thout wa~ving his nght to accelerate the indebtedness he~eby ~~cured and tu forecluse thr s•rme. pay eithe~ before ~r a(tet delinquency any or all of those cettain obligaUons requ~red by thc terms hereof to be paid by the ~lortgagor for the protection of the rtx~rtgage security or foc the col- lecl~~~n ~,f the ~ndebtednes~ he~eb~~ secured. All sums so advanced ot pa~d by the iAortgagee shall be charged into the mortgage accuunt and bea~me an ~ntegral part theteof, sub~ect in all respects to the terms, eonditions, and ~ c~~venants of tht af~?resa~d pr«m~ssur>• note, and this mortgage, as fully and to the same ~xtont as though a patt of the original indebtedness ev~denced by said note a~d sacured by this mortgage, excepting however, that said ~ums ~hall be repaid the \lottgagee forthwith upon its demand and be ~n addition tu the cegular manthly install- ments prov~ded b~• the mortgage note. 3. That the ab~tract ur abstracts of title coveting the mottgaged property shal) at all t+mes. durir~g the li~e of this nx~rtgag~, rema~n ~n pos~ession of the ~tartgagee and in evrnt of the foreclosure of this mortgage or other transfer of titie t~? the mnrtgaged propetty in extinguishment of the indebtedaess secured heteby. all tight, t~tle and ~ntere.t of the tlurtgagor ~n and to any such abstracts of title shall pas~ to the purchaser or grantee. 4. Ta the extent of the indebtedness of th~ Vlortgagor t~~ the'1lortgagee described hetein or secured hereby, thr \tortgagee ~s hereb~• subragated to the I~en or liens and to the rights of the owners and holders thereof of each and every mortgagc. I~en or other incumbtance on ti?e land described herein which is paid and'or satisfied. in whole or in part, out of the proceeds ot the loan described herein ot secured hereby, and the respe~tive liens of said mortgages. I~eos or other ~ncumbrances, shall be and the same and each of them htreby is preserved and shall pass to and b~ held by the Vortgagee herein as security for the indebtedness to the Mortgagee herein desctibed or heseby ~ecured, to the same eztent that it K~ould have been preserved and would have been passed to and been held by the \1~~rtgagee had ~t been duly and regularly assigned, transfened. set over. and delivered unto the A1ort- gagee b~ +eparate deed of ass~~nment, notK•ithstand~ng the fact that the same may be satisfied and cancelled of record, it being the intent~on of the parties hereto that the same will be satisfied and cancelled of record by the holders thereoi at ~?r about the ume nf the recording of this mottgage. 5. In the event the ownership oC the mortgaged premises, or any part thereof, becomes vested in a person uther than the \t~~rtgagor. the \tortgagee may, without notice to the ~lottgagor. deal with such successor ot suc- cessors in ~nterest ~~th reference to this deed and the debt hereby secured, in the same manner as with the ~tort- gagor Kithout ~n an} aay vit~ating or d~scharging the 4lortgagor's liability hereunder ot upon the debt hereby secured. No sale ~~t the premises hereby mortgaged and no forbeazance on the part ~f the Nbttgagee, and no ex- tension of the t~me for the payment of the debt hereby secured given by the Nottgagee shall operate to release, discharge, mod~fy, change or affect the original I~ability of the 4Mrtgagor herein either in whole or in patt. 6. The I~en of this deed secures and shati continue to secute payment of said inc3ebtedness or indebted- ness, however evidenced, whrther by said promissory note or any renewal or extension thereof or substitute there- for, or otheru~se, until all such indebtedness shaU have been fully paid. 7. In the ercnt the mo?tRagors sell, con?~ey or lransjer the mortgaged premises during the liJe oj this mort- qn~e. tl?en th~s mortRaRe shatl, at the option oJ the lfortAagee he~ein, become immediately due and payable Jor the (utl sum oJ the pruec~pu! bQlance and interest then due. 8. The terms "~tortgagor" and "1lortgagee" whenever used in thi,c instrument shall include the heirs, ' personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ number shall ~nclude the plural and the plural the singutar, and the e of any ge er shall inc all genders_ j / ~ j Signe , cealed an Jelivered t ptesence of: ? eal) ~ i ~ (Sea11 6 , , ~ < t ~ , ~ STATE UF FLORIDA I/ ' COUNTY OF~ ~ ST. LUCIE Before me personally appeared j~AULA C. HILLERY, an unmarried woman, to me K~ell known and known !o me to be ihe individuals described in and who executed the Foregoing instrument, anJ acknow~fedged before me that they executed the same for the purposes there~rt expressed. WITNESS my hand ; and offic~al seal in the C~~unt~ and State iast aforesaid this 23rd Day of June, 1973 i ~ } ,•~u~~~„~~~~ . . ~ ~ . 's ; ' ~i. " ' S` ~ r;: ~ S1y Commiss~on Expires: _~ulle 30 ~ 1975 Notary Public, State of 1 rida t•• ' FILfD ~!~~'EC3RDE0 ~ y 'y" ST.IUC~E COUNTY FIA. ~ _ ~ d, RGC~= =i•: =15 ~ _ " ~ 3~ CIERK ~ : ; " Ci)JRT ~ • - ~t i, ~ ` S o s r 1 / = f .r...~.~...~ ' ~b , . _ ~ • - ~ ••~~~~s~~~~~~~ - < " ~ Je~ 11 2 28 PN'~3 . ~~•j r' ~~~r~; o R 216 g 258'739 aocK ~a~~ ~ . ~___.s 4.. . _ ~