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Home My WebLink About0407 File 5-28,044 ootice tAcreot by mtil to the Mortga~e a~d the Mortgsgee m~y make proot ot lusa it thr same is nul m~de promptly by the Mortgrgor. !n ~ven~ of toro clasure ot this mortgy~e or other tr~nsisr ot tit{s to tlts murt~aYed prupertY in e:tinguishmsnt ot tM indebtednsa secvr~d hweby. ~ll ~ht, titk and intere~t ot the Mwtg~~or ia ~nd w any insurance polic~es then in torce ahall pa+s w the purch~esr or gr~ntes. Ihl To pwtorm. comply witA u~d ~bide Ey eacA and every ths ~Upulation~. agreements, rnnditions aad c+ove+unts in said promisaory note aad in thi~ deed ~et torth. lil'Rut it aay of said eua?~ of money haein rcfernd w be uot promptly ~nd tully paid withi2 _ fitteen days ne:t ~tte~ t6e ~ame ~evarally becomes due atd p~yabk. or i(each ~nd ev~y the stipulacions, agreement~. CO[Id1110117 \!fd OOYl11t11LD Of !Ud p[OIILL!'JOfy 11D~! ~Dd CIIIS d!!d. or eitAer. ~re ~ot fully per[ormed. complisd *rith ~ad abidsd by. the s~id ~ggrcg~te eum meationed in aaid promissury note slnll beoane due and p~y~bk forthwith or there~fter u the option d tbe Mortgagee as tully and completdy ~e it t he s~id aggreg~te aum ot said pronusaory oote was origitilly stipulated to be p~id oa such daY. anYthinB ia aaid promisaory note or !?erein to the contrary notrithstan~ng. 1 j) 71~at in otder w ucelrnte the maturity ot the indebtednees hereby ~e~?red, becaux ot the (~ilure ot the Mortg~gex to pay ~ny ta:, assessa~ent, liabiti- ty. oblig~tion or en~vmbrance upo~ said property. aa Aerein provided. it shall not be neoesauy or roqui+ite that tbe nwrtg~gee ahall tust pay tAe s~me. 2. Tfie Mortgagee may, at his option, end without waiving his right to accelerate the indebtedn~ i~ereby secured and to forecloae the same, pay either before or after delinquency any or all of those certain obiigatione required by the terms hereof to be paid by the Mortgagor for the protection of the mortgage security or for the collection of the indebted- ness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into the anortgage account and _ becomaan iategral put thereof. subject in.a11 respeCt~s to.t~lle.~ecm~~.~?~itions, and covenants of the_aforeaai promis- sory note, end this mortgage. aa fully and to the same e:tent as though a part of the original indebtednese evideaced by said note and secured by this mortgage. ezcepting however. that said sutns shall be repaid the Mortgagee forthwith upon its demaad and be in additioa to the regular monthly instatlments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged property ahall at all timea. during the life of this mortgage. remain in poseession of the Mortgagee and in ev~t of t6e forecloaure of thia awrtgage or other transfet of title W the caortgeged property in eztinguiahment of the wdebtedneea secured hereby. all right. title and interest of the Mort• gagor in and to any such abstracts of title ahall pasa ta the purchaser or grantee. 4. To the eztent of the indebtednesa of the Mortgagor to the Mortgagee deacribed her8in or secured hereby. the Mortgsgee is hereby submgated to the lien or liens and to the righta of the ownera and holders thereof ot each and every mortgage. lien or other incumbraace on the land deacribed herein which is paid and/or satiafied, in whole or in part. out of the proceeds of the loan described herein or secured hereby. and the reapective tiena of said mortgages, liena or othet incumbrances, shall be and the same and each of them hereby is preserved and ahall pssa to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby aecured. to the same e:tent that it would have been preaerved and would have been passed to and been held by the Mortgagee had it been duly and regularly asaigned. transferred. set over. and delivered unto the Mortgagee by separate deed of assignaient. notwithetanding the fact that the same may be satisfied and cancelled of record, it being the intentioa of the parties hereto thet the same will be satis~ied and cancelled of reoord by the holdera thereof at or about tbe time of the recording of thie mortgage. 5. In the event the ownership of the mortgaged premiaes. or any part thereof. becomes veated in a pereon other than the Mortgagor. the Mortgag~ee may. without notice to the Mortgagor, deal with such auccessor or auccesaora in in- terest with reference W thia deed and the debt hereby secured, in the same manner as with the Mortgagor without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premiaes hereby mortgaged and no forbearance on the part of the Mortgagee. and no eztension of the tame for the payment of the debt hereby secured given by the Mortgagee shall operate to release, discharge, modify, change or affect the original lia- bility of the Mortgagor herein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebtedness, however evidenced, whether by said ptomissory note or any renewal or ertension Lhereof or substitute therefor, or otherwise, ' until all such indebtedness shall have been fully paid. . f 7. In the euent the mortgagors seU, conuey or transfer the morigaged premises during the li/e o/ this mortgage, then this mortgoge shall, at the option oj the Mortgagee herein, beco~ne immediately due and paya6le /or tlte full sum o~ ~ the principal balance and interest then due. ~ 8. The terms "Mortgegor" and "Mortgagee" whenever used in this instrument shall include the heirs, per- . s ~ sonal representatives. successors and assigns of the respective parties hereto. Wherever used the singular number shall ~ include the plural and the plural the singular, and the use of any gender shall include all genders. t ~ S' sealed an eliv ed i the sence of : ~ ~ 1 See11 ~ 1 Seall ~ ` ~ . , C.LL,- / _ :;~1-J;t:~.;~~•.< . ¢ , ~ i ~ STATE OF FLORIDA _ 39 ? COUNTY OF~I~X ~ ST.BeTore m~e personaliy appeared ENIIr1A LEE MORRIS, an unmarried woman, ~ to me well lrnown and known to me to be the individual described in and who eaecuted the foregoing instrwment, and acknowledged before me that they ezecuted the same for the purposes therein eapressed. W ITNESS my hand and , official seal in the County and State last aforesa`d this 23rd Day of August, 1973 ~ ~~~z~~~~~~~~~~~,,,,,; : ~ ~ ; c~~°f,.. . . ; ` i R . : i ~ ^.fj ,•-i y My-Commission Expires: `Tune 3O ~ 1975 Notary Public. State of ~ ,I ~ ' ~ _ • , _ ~ : ~ _ ' - - FILEO ~hs~ Rf.COe~DEO ~ : , . b ; : j- _ _ ; ~b , . = sT. wcic :,auNtr fu. ~ ~ . ~ ~ - . ?i~:TAAS . ~ • : ~ . . ClE FyCr':Sti COURT ~i,~~ AFr,t~RP vr:.~i"IEO I ii~~~`,` i: . sNnr:te:::..• ~ ~ ~p 1217 ~M'~3 . ~ - ~ ~ 2f 2646 ~ o{.(~~e(~y 1Rp(~[ r~ DYVf:~iV fAYC ~O~ ~ ~ ~ ~ ' s,:.~ = : a _ ~.r's-~~^, ~ . , _ _..~'r a.~j`