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Home My WebLink About0852 ~ File 5-27,772 this m.~~t~aKc ~r a~Arr uan.(ee u( erile ro ~Ae mun~ased ptopcrty ?n eaun~wshment ut the ~ndeb~edness ne.u~ed hc~ehy, all n~h~. utte aMf ~mete:~~ of Me \kxt~a~w ~n +nd to any mswance polrc~es ~hen ~n (orce shall pass ~o Ihe purch~ser or ~ran~et. (h) To pcrfam, •.~mply ~r~th and ab~de ~y each and every tht st~pulal~ms, s~reements, cond~uons and coveaants ~n c~~d prum~~aory oote and ~n ~h~. decd .rt fo~tA. ~ / Tha1 d any o( ~a~d sum~ ul mo~ey he~e~n refer~cd to bt not prwnptty arW tuNy paid ~uA~n fdlten days next atter tAe same sererally becanes due and paYaAle.or ~f each aed every the stipul~t~oes. a~reemen~c, co~~~t~unc and coven~ots o1 sa~d proa~is- say eote ~nd th~s deed, or euAer, are not fully per(aaaed, compl~ed vr~th and ab~ded by, Ihe .a~d atRretate sua~ mentioned ~e said prom~ssay nute shaii become due •tW pay~ble foreh~~tA or thcrestter ~t the ophan ot the \lortea~ee sa (ully and comple~elY as ~t the ss~d sssreia~e swa o( ss~d p~omiaswy note w~s on~~na11Y supulated to be pa~d on sucA daY, anYtAin~ m s~~d p~om~sswy ~ote or here~e to ~he conerary notr•i~hsland~nE. ) That ~e order to accelerate ~he maturity o( the indebtedness hereby secured, because ut'tAe (a~lure ot the ~1o~~sas.K ~n pay any ~ax, as.ecsment, I~aDiluy, obl~sshoo nr rncumb~ance u{+on sa~d prope~ly, as hercin prov~ded, shall not be neces~ary a reqwsite that the mat~s~ee shail fust pay tAe ~ame, 2. The ~lortgagee may, at his option, and without waiving his right to acceletate the indebtednoss hereby sccured am1 to foreclose the same, pay either before or aftet dtlinquency any or all of those certain obligations required by the terms hereof to be paid by the Nortgagor for the protectioo of the mnrtgage security ar for the col- lection of the indebtedness hereby secured. Alt sums so advanced or pa~d by the !Nortgagee shall be charged into the mottgage account and become an integral part theteof. subject in alf~respects to the tetms, conditions, and " cavenants oG the aforesaid pmmissury note. and this mortgage, as fuliy and to the same extent as though a part ~ of the original indebtedness ev~denced by said note and secured by this mortgage, excepling however. that said ' sums shall be repaid the Nlartgagee forthwith upon its demand and be in addiiion to the regular monlhly install- ; ments pruvided by the mortgagt note. 3. That the abstract or abstracts of title covering the mortgaged ptoperty shall at all times. duri~g the life ot this mor~gage, remain in possession of the Alartgagee and in event of the foreclosuro oI this mortgage oc othcr transfzr of title to the martgaged prope~ty in extinguishment of the indebtedness secured hereby, ali tight. titte and interest of the Vurtgagor in and to any such abstracts o[ title shali pass to the purchasar or grantee. 4. To the extent of the indebtedness of the Mortgagor to the 111ortgagee described herein or secured hereby, ; the ;ltortgagee is hereby suhrogated to the lien or liens and to the tights ot the owners and holders thereof of each ; and every mortgage. lien or other incumbrar?ce on the land described heroin which is paid and!or satisfied. in ~ whole or in part, out of the proceeds oF the loan described herein or secuted hereby. and the respective liens of ? E said mortgages, liens or othet incumbrances, shall be and the same and each of them heteby is presecved snd shall ~ pass to and be held by the Mortgagte herein as security for the indebtedness to the Mortgagee 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 !1lortgagee had it been duly and regnlarly assigned, transfened. set over. artd delivered unto the Mort- ~ gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of ? record, it being the ~nte~tio~ of the patties heteto that the same will be satis(ied and cancel[ed of tecord by the ~ holders thereof at ~r about the time of the recording of this mottgage. 5. In the event the ownership of the martgaged pr~mises, or any part thercof. becomes vested in a person 3 other than thc \lortgagor. the 1lortgagee may, without notice to the Mortgaaor, deal wi?h such successor or suc- cessors in interest w•ith reference to this deed and the debt hereby secured~ in the same manner as with the N1ort- gagor w~ithout in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereb'y mortgaged and no [orbearance on the part of the Mortgagee~ and no ez- ~ tension of the time for 1he Payment of thc debt hereby secured•given by the Mortgagee shal! operate to release, j discharge. modi(y. change or affect the original liability of the Mortgagor herein either in whole or in part. ! 6. The lien of this deed secures and shall continue to secure payment o[ said indebtedness or indebted- ness, however evidenced, whethec by said prumissory"note or any renewal or extension thereof or substitute there- for, or otherwise, until all such indebtedness shall have been fully paid. 7. /n the event the mortgagors self, convey or t~ansjer the mortgoged preniises during lhe liJe oJ this nao~t- ~aRe, then this mortgage shall, at the option oJ the Alortgagee herein, 6ecome immediately due and payable Jor the Jr~ll sum oJ the p~incipal 6nlance and interest then due, 8. The- terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heics, personal tepresentatives, successors and assigns of the respective parties hereto. Wherever used the singutar number shall include th~ plural and 1he plural the singuiar, and the use of any gender shall include all genders. i I - Si ed. seal a el~ ~r in the presence o• t (Seal) ~ ; ' . ` ~ (Se al) f ~ -~-K.[J ~ • E . tt m-t - ~ ~ STATE OF FLORIDA ~ - ~ ~ COUNTY OF ~C ~ 'S ST. LUCIE gll,i,y DePRIEST and BONNIE DePRIEST his wife Sefore me personally appeared , > > to me well known and known to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein ezpressed. WITNESS my hand ; and official seal in the County and State last aforesaid this 28t11 D8y of July 1973 ~ S 7 ~~t1111/)~~', ( ~~r ~i j j j • ~'J. • 1~..• _ . ~1y Commission Eapires: June 30, 1975 rlotary Pubiic, State of F `:8 ~~e :'=~t . FtCE[ dw': NEi.O~ - • ~ - ~ . , ST. WcGlC C~UM~y f~~. ti c I~~••J~ ! ../.1 • ' ~ . c:_~. .r ~ - ca.Pr ~ ~ = ~ ~ c -.c~., p; r ~ , f ~ ~1 (C y3 l~~ ~i 4 ~ 6 ~ ? . i ~~~a : ~ 2 si PH'73 ~ ; 26U829 ~~;K2~'~ p~cE $4~ r~,. ~ ~ _ _ . . E-,.~ _ ~ ~ ~~a