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Home My WebLink About2878 5-27,954 ~his mW~sa~e .r othcr ~~an~(c~ al Utle w the ~cal~a~cd pope~ty ~a tauaau~aha~ea~ W the ~ndeb~ednesa secwcd Ae~esy, aU t~~h~. uUt a~w1 iMe~esl ot tAe \I~v~~at~ ~n and ~o aey maw~nce pof~c~es IAen m toae ahail pass to tAe pwcl~ssei a srsn~ec. lh1 Tu pr~t~m. car+~plr +r~~1+ and ab~de by escA and e~e~y tAt st~pulaums. a~reements. conAwoas and covensms ~n aa~d prownssay note and in tA~. deed set tonA. G 1 That d any o( >a~d sumx o( a~oney Aeit~n ~efrrtrd to be oot pra~tly and lully pa~d .~~A~n h(lten dsys nezt aher the same severslly becoe?es due and payable.ar d escA seW everY tht a~~pulat~oas. speasents. conA~t~ons ~nd covenanis of ss~d pro~~s- say note ~nd IA~s 3ced, w euher, sre nW fully pe~for~ed, co~pleea .~d+ and ap?ded by, ~Ae ,a~d s{arep~e suia menuoeed ~o sa~d prom~saay note aha11 becost duc and paysble (aM~~tA a thereatter at We opt~os ot ~be Nwt~a~ee ss (ufly and caapletely as if IAe sa~d a~~te~ste swa of sa~d pomic.wf aote ras a~pnallY supulated to Dt pa~d m sucA d~y, aaytA~n~ ~n sud prom~ssay noie or here~n to the coelnty ootr~ths~and~aR. V 1 That m order eo accele~ate the ma~ur~~y of tAe uuieAtedness beresy scc~red, becsuse ol tAe ta~lure ot tAe Mat~a~a ~o pay sny ~aR, asseasn?eM, IuD~l~ty. nbLS~t~on ~r cecumMsnce upon sa~d prope~~Y. a: here~n pov~ded, N shall not be necessary a reQu~s~~t tha~ [he mcxt~a~ee shall luct psy tAe sase. The'~lortgagee may, at his opt~on, and without waivin6 his risht to accelerate the indebtedness hereby secured and to Corec~ose the same, pay either before or after delinquency any or all of those certain obliaations ' ~equired by the tetms hereot to be paid by the ~lortaa6or fcx the pcotection of the mortga~e security or for the coi- lection of th~ indebtedness he~eby secure~. All sums so advanced or paid by th~ ~Aort~aaee shall be charsed into the mortgage account anJ i+ecome an intearal part thereof, subject in all respects to the terms, conditions. and cuvenants of the afcxesaid pr~unissory note, and this rtwrt~a6e. as fully and to th~ sartie extent ss thouah a put of the orisinal indebtedness evidenced by said note and securrd by this mottaaae. excepting however, that said sums shait be repaid the !1lortgager forthwith upon its demand and be in addition to the cegular monthly install- ments provided by the mort~age note. . 3. That she abstract or abstracts of title covetina the enortsaaed property shall at alt times. during the tife of this mortgage, remain in possession of the !1loctgaaee and in event of the fotectosure of this rtwrtgage or other transfer o( title to the mortgaged property in extinsuishment of the indebtedness secuted hereby. all tight; title and interest of the ~lortgagor in and to any seech abstracts of title sha11 pass to the purchaser or grantee. 4. To the extent oi the ~ndebtedness of the Mortsasor to ihe A1ort6asee describ~d heroin or secured heteby. the ~lortgagee is hereb~ subrogated to tht lien or liens and to thc ~iEhts of the owners and holders thereof of each and every mortgaae, lien or other incumbrance on~ the land described hetein which is paid arrd!or satisfied, in whole or in part, out of the proce~ds of the loan described herein or secured hereby, and ihe ~espective liens of said mortgages, liens or other incumbranccs, shall be and the same and each o! the~r~ hereby is preserved and shall pass to and be held by thr Mortga6ee herein as security for the irdebtedness to the Mortga6ee herein described or hereby secur~d, to the same extent that it would have been preserved and would have been passed to and been ` held by the ~1ort6agee had it been duly and rs6ularly assianed. transferred. set over. and delivered unto the Mort- j gagee by separatc deed of assignme~t, notwithstand~ns the fact that the saiae may be satisfied and cancelled of record, it being the intention of the parties hereto that the same will be satiafied and cancelled of tecord by the holders thereof at or about the time of the recordin6 of ihis mortsssa S. In ihe event the ov?nersbip ot the mortsased premises, or any part thaeof. becomes vested in a person ? other than the 1lortaaaor, the ~lortgaaee may, without notice to the Mortgagor. ~deal ~with such successor or suc- ; cessors in interest K~ith tefetence to this deed and the debt hereby secuced. in the same manner as with the Mort- gagor without in any way vitiatin~ or dischat6in6 the Mortsasur's liability heteundet or upon the dtbt heteby secured. Na sale of the ptemises hereby mortsa~ed and no fabearance on tbe part of the Mortgagee, and no ex- tension ot the time for the payment o! the debt hereby secured Eiven by the ~1ort6agee s6a11 ope~ate to release. discharge, modify, chan6e or affect the otiainal liabiiity of the ~lortga6or herein eithet in whole ot in part. ~ 6. The lien of this deed secures and shall contioue to secure payment of said indebtedness or indebted- ness, however evidenced, whether by said ptomissory note or any renewal or txtension thereof or sabstitute theta- ' [or, or otherwise, until all such indebtedness shall have been fully paid. 7. /n the e~•errt t/re mo~tgago~s sell, convcy nr transjer the n~o?tgaged pren~ises during the lije oJ this mort- RaRe, then this mortgnge shotl, at the oprion oj the Alortgagee h~rein, become inunedintely due and payable Jor the Jull sum oJ the principa/ balance and irtte~est then due. 8. The terms "Mortga6or" and "Mort6aaee" vuhcnevet used in thic insttument shatl include the heirs, personal representatives, successors and assi6ns of thc respective parties hereto. Wherever used the singular number shalt include the plura! and the plural the sinaular, and the use of any aender shall include all genders. ~ t - S~g , sealed an ~ d i esence ot: i (Seal) ~ 0 Alti' ttE RD (Seal) ~ ; RpQEt~ RQ~T~1i ~ ~ C{.LFK Ci'.~uit COUAT ~ RiC4FG Yfv.~#If~~.,.....,. ~ STATE OF FLORIDA I ys ~ 2~ f~ ~ T fl~I~ ~b ; ! COUNTY OF ~ ~ ST. LUCIE Before me personally appeared EFFIE HAMILTON, atl unma.rried WOmBiI, to me well known and known to me to be the individuals described in and who executed the fore6oing instrument. ~ and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand E and off~cial scal in Ihe County and State last aEoresaid this 9th Day of August, 1973 ; t ~ ; _ ~ .r ~ . .a; ; ~ vly Commission Expires: Jutte 30 1975 Notary Public, State of Florida S' ^ = - :f ~ " ' v; : - ' ~ _ - ~ i ~ ~ ~A i i7,':•.i~~ .I)~~:~i;.':- ~ • • J% ~h~~~~.!~ ` ,.,'1 y t%~Z~~'. s ' go~ 2i7 ~28 ~ ~ . . _ . ~ _ 'i ~ - . . . . . _ . . .._.a:.