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Home My WebLink About2300 . Our file #5-27,888 ~h~s mw~~~~r ~r oihr~ hanc(e~ ot u~le to tAe mort~a~ed poperty ~n e?un~wshment a the ~n~teteJness secwed Arrtsy, ~11 nah~, htle anJ ~n~etest ot thc Al~~r~p~w ~n ~nd to any ~nswanre pulic~es Ihen ~n face shall pass to th~ purcAaser o~ t~an~ee. (Al To prr(i~m, .wnply ~ruh and aaidt by each ~nd every the at~pulat~oes, a~reements, cond~hons and corenan~s ~n sa~d prumi~sary no~e ~nJ ~a th~. deaJ sce (or~A. i G 1 7ha~ d any o( sa~d sums ut muoeY herem relerrrd to be noi p?ompUY and fully pa~d ~ ~~Ain fd~te~daYs nea~ a(ter ' the same scve~ally becomes due and payaAle,or ~f each an3 every the sUpul~uons, ~~reements, c~~ndiuons and covenan o( ss~d praa~s- ; say nole and ~h~s deed, or euher, are not (uliy pertamed, ccxnDl~ed ~ruA aed ab~ded by, the +aed aR~re~a~e sm6 meauoned in ssid prom~s:ory nute shall ~ecane due and pay~ble torth~~tA or lhereafler at tAe op~~on o( the Nwl~s~ee as (ully snd completely as if tAe s~~d a~{re~a~e sum ot ss~d pomic~wY note vas or~~mally st~pul~led ~o De pa~d on suCh d~y, anytAin~ m said pom~ssory note or herem to u?e contrary ~otr~ths~u+d~nR. Q 1 That m order ~o rcceteraa ~Ac mawr~ty of the indebtedness hereby secwed, bec~use ot the fa~lure o( the Mw~p~or ta p~y _oy 1az, •s.essment. GaA~l~ty, obl~iat~on ex recumbrance upon sa~d proper~y, as herem provided, u sAall not be neces~ary ot reQu~sue tha~ tl?e m~xi~s~ee shall (u~t pay the same, 2. The !~brtgagee may, at his option, and without waiving his right to accelerate the indebtedness hereby secured and t~~ forc~lose the samc, pay either before ar after delinqucncy any or all of those cetta~n obligations required by the terms hereof to be paid by the 1~iortgagor for the protection oP the mc~rtgage sec4rity or for the col- lection of the indebtedness hereby secueed. Ail ~ums so advanced or paid by the !~1c~rtgagee shall be charEed into the mortgage account and become an integral part thereof. subject in all respects to the terms, conditions, and covrnants of the aforesaid pmmissory note, and this mortgage. as fully and to the same extent as thouah a part of the original indebttdness evidenced by said note and secur~d by this mortgage, excepting however, that said sums shall be repaid the 111ortgagee forthwith upon its demand and be in addition to the regular monthly install- ments provided by the mottgage note. 3. That the abstrac~ or abstraets o[ title covering the mortgaged propetty shal{ at all times. during the li(e of this mortgage, remain in possessian of the Mortgagee and in event of the foteclosure o[ this mortgage ot athe~ transfer of title to the mortgaged property in eatinguishment oC the indebtedness secured hereby, all tight. titte 4 and interest of the ~~urtgagar in artd to any such abstracts of title shall pass to the purcfiaser ot grantee. ~ 4. To the extent of the indebtedness of the Mortgagor to the Mottgagee described herein or secured he~~by, the ~lo~tgagee is hereb~~ subrogated to the lien or liens and to the rights ot the owners and holdets thereof of each and every mortgage, lien oc othet incumbrance on the land described herein which is paid and!or satisfied, in whole or in part, out of the praceeds ot the loan described herein or secured het~by, and the respective tiens of said mortgages, lieos or other iocumbrances, shatl be and the same and each of them hereby is preserved and ahall pass to and be held by the Nortgag~e hercin as security fot the indebtedness to ihe Mortgagee herein described vr hereby secured, to ihe same eztent that it would have been preserved and would have been passed to and been held by the !1lortgagee had it been duly and regularly assigned. transfetted, set ovet; and deliveted unto the Mort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled o[ record, it being the intention of the parties hereto that the same will be satisfied and canoelled of record by the holders thereof at or about the time of the recording of this mortgage. 5. In the event the ownership ol' the mortgaged premises, or any part thereof, becomes vested in a person other than the !lfortgagor, the ~lortgagee may, without notice to the Mortgagor. deal with such successor or suc- cessors i~ interest K~ith ret'erence to this deed and the debt heteby secuted. in the sam~ mannet as with the Mort- gagor without in any way vitiating or discharging the Mottgagor's liability heceunder or upon the debt hereby secured. No sale oC the premises hereby mortgaged and no torbearance on the part of the Mortgagee. and no ex- ~ tensian of the time for the payment of the debt hereby secured given by thc :Norigagee shal! operate to release. discharge, modify, change or affect the original liability of the 441ortgagor hetein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ness, however evidenccd, whether by said promissory note or any renewal or extension thereof or substitute there- for, or othetwise, until all such indebtedness shall have been fully paid. 7. /n the e.•en~ rhe mortRagors sell, convey or transjer the mortgaged p~emises du~ing the liJe oj this mo~t• ~ Qage, then ~hi.r mo,tqage sholl, at thP option oj 1he Alor~gagee he~ein, 6ecome immediately due and payable jor the ~ Jull sum oj the principa! balance and interest lhen due. i 8. The terms "Martgagar" and "Mortgagee" whenever used in this instrument shall include the heirs, personal representatives, successors and assigns of the respective patties heteto. Whetevet used the singular ; number shall include the plural and the plurai the singular, and the use of any gender shall inclode all geeders. i ' c J. , i i , Signe , sealed an o' ~n the nce of: tSeal) ~ ~ { ~ ~"`i`-c- ° (Seal) ~ • i ;~c~t~. ' ' ••r ~ ~ ~ -r-i~c v L~.~ ~ i f ~ ' STATE OF FLORIDA I ~ COUNTY O ~ 'S ST. LUi ~ - Betore me personally appeared GEORGE F. GITTERE snd LOYCE D. GITTERE~ his wife, to me well known and known to me to be the individuals described in and who executed tha foregoing instrument, t and acknowledged before me that they executed the same for the purposes therein expressed. NIITNESS my hand and official seal in the County and State last afotesaid this Zlttl DSy Of AugU3t ~ 1973 ~~~~~:~u r - "i,~ ' ~1y Commission Expires: _.111I1@ 30 1975 Florid ' , s ~ • Notary Public, State of ' ~ ~ ~ - . ~ ' - : 2 7? - • ~ ~t ~ s FILEO ANO RECOROEO ' ~ ; ; !~b'~ ~%iF;*~; - St. IUCt~ COUMYY FIA. ~ • ' ; `~r ~ t: : ' ~ . ~ ~ r~ 0~; 'yi ```iS: , AOCEn POITiIAS ~ - 7~.~~. ~u • Y:~ : CLERK C?~GUIT COURT ; G ~ pEC~RD YEk~f?EO ~ '''/~~~~~~?i'i~~ft~~. X~`~ ~ A~ 20 3 so PM'~3 ~o~ 2~'~ PACE2z ~ ~ 2f 186~ ~~:r~~ r $ } - ° - - _ . . - . ~ 3.~---~,~~