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Home My WebLink About0875 File 5-28,047 rotice thereot by m~il to the 1lortgagee and tho Mortgagce mey make proo( ot loas i( the same is not madr promptly by the Moetg~gor. In e~•enf: ot lors cloeure ot tAis mortg~ge or ocher u~ns(x ot titJ~ w the mort.~aged propert? in e:tinguia!?nmt ot the indebtedae~s secv~ed ~nbp. dl ri`ht. title ~nd interest o[ t6e Mwtg~gor in ~nd W any inaurance policies then i~ torce alull pa~s to tAe purch~xr or grantee. Idl To perlorm, comply w~ith ~nd a~ide by e~ch aad e~try tAe atipulations, sgreements, co~ditions and covenants in aaid promiseory aote and in this deed ssc fwth. 1i171ut it any ot s~id ewns o( money herein roferred w be not promptly snd tuqy p~id Mithin fi{~~ ~ys nait aha tl~e ~ame ieveraUy becomes due ~ad pay~ble. ar iteaeh and every the atipulations. ~g~eements. rnnditions aad oovenants ot ~id promiseory nota ~nd thia deed. or eit!?er. are aot fully pertonaed. canplied ~rith and ~bided by. the said ~ggrog~te aum mentioned ia said promissory note aAall become due ud payable tathwith or awaeaiWt aa ?iaev~wwu w ?iie wi~w ~~ytvc ~n iwa~ ~uu ~wy+•o?owj -a..u .~:o~~e a--ui:. u"• a:..: ~::v:.uo~u j -.w..o :.:a w.0:~-.~::j +::y ~...~.M::.:: w - 0o auch day. anything ia eaid promisaory aote or Aeroin W the contrary notw ithsun~ng. 1 j171ut in order to ~coeknte the maturity ot tAe iodebtednes.+ hereby ~ecvred, beawe of the (ulure ot the Mortgagrx W pay any tat, asseafineat, liaEili- ty. ob6g~tion ur eacvmbranoe upon said propertY. a+ Aerein pro~ided. it s6all not be necrssvy w requuite that tbe mortgagee ah~ll Cust p~y U?s saaie. 2. The Mortgagee may. at his option, and without waiving his right to accelerate the indebtedneas hereby secured and to foreclose the same, pay either before or after deGnquency any or all of tbose certain obligationa 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 advenced or paid by the Mortgegee shall be charged into the mort~e accotu~t and _ become en integral part thereof, subject in all reapecta w the te~ma, oonditiona. and covenants of the aforeaaid pmmis- sory note, and this mortgage. aa fully and to the same eztent aa though a part of the original indebtedness evidenced by said note and secured by this mortgage, escepting however, Lhat seid sums shall be repaid the Mortgagee torthwith npon its demand and be in addicion to the regular monthly instaWnents provided by the mortgage note. 3. That the abstract or abstracts of title coveriag the mortgaged property shell at all timee. during the life of this mo~ge, remein in ~+~~on pf th~ Nlortg~~ ~nd in event of the foreclosure of this mortgage or other tranafer of title to the mortgaged property in e:tinguishment of the indebtedness secured hereby. all right. title and intereet of the Mort- gagor in and to eny such abstracts of title shall pass to the purchaser or grantee. 4. To the e:tent of the indebtedneas of the Mo;tgagor to the Mortgagee described heeein or secured hereby, the Mortgagee is hereby subro$ated to the lien or liens and to the righta of the ownera and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and/or satis5ed. in whole or in part. out of the proceeda of the loan described herein or secured hereby. and the reapecEive liens of said mortgages. lieas or other incumbrances, shall be and the same and each of them hereby ia preserved and shall pasa to and be held by the Mortgegee herein aa security for the indebted~as to the Mortgagee herein dexribed or re y aecure~ same ertent t~i~- would have been preserved and would have been pessed to and beea held by the Mortgagee had it been duly and regularly assigned, transferred, set over, and delivered unto the Mortgagee by aeparate deed of essignment. notwithstanding the fact that the same may be satisfied end cancelled of record. it being the intention of the partiea hereto that the same will be satisfied and cancelled of reoord by the holdera thereof at or about the Lime of the recording of this mortgage. 5. In the event the ownership of the mortgaged premises. or any part thereof. becomea vested in a peraon other than the Mortgagor, the Mortgagee may. without notice to the Mortgagor, deal with such auocesaor or aucoessors in in- terest with reference to thia deed and the debt hereby secured, in the same manner as with the Mortgagor without in any way vitiating or discherging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises , hereby mortgaged and no forbearance on the part of the Mortgagee, end no ezteasion of the time for t6e payment of the debt hereby secured given by the Mortgagee shall operate to release, discharge, modify. change or aftect 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 promissory note or any renewal or extension Lhereof or aubstitute therefor. or otherwise, until all such indebtedness shall have been fully paid. ! 7. In the euent t/te ~nortgagors sell, conuey or transjer the mortgaged premises during the Iife o/ this rrtortguge, ~ then this mortgage shall, at the opiion of ihe Mortgagee herein. 6ecome ine?nediately due and payab[e /or the jull sum of ~ tlee principal balance ared interest then due. ~ 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, per- ~ sonal repreaentatives, successors and assigns of the respective parties hereto. 1Nherever used the singular number shall ~ include the plural and the plural the singulat, and the use of any gender shall include all genders. ~ ~j~ ~ Si sealedan deli r in epresenc ~ ~ a ~ (Sea1) ~ ~ . ~ ~ ~ _/~lit~c V~ ISea11 ~ ~ STATE OF FLORIDA S9 ~ wife ~ CO ST~ L~iC.IE „ Before me personeuy appeared WILLARD NATHANIEL DARVILLE and ROSA B. DARVILLE ~ his/ to me weU lmown and known to me to be the individual described in and who eaecuted the foregoing instrua?ent, and ~ aclmowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand and T official seal in Lhe Count and State lasi atoresa:d-Lhis y 2~th-Day-e€- August ~ 1 }73--- - ~ . ' ~ . 'y Y..:tf~ i~~: ' ~ . My Commission Expires: _ Jul~e 30 ~ 1975 _ Notary PubGc, State of F10 , • ~ _ _ ~ ~ ~ ~ = 7' ~F ~ ! z. _ ~ ~ . ~~s. ' ~ - f LEp AND AECp~ Eo - - ~b~~ ' 'z`f LUQ1E COUfiTr l~U. _ , - • . g~ ROCER POITRAS ' - ' r ` CIERIC CIgCU1T COURT l : . . . RECORD VEF~tFIEO ~y '',f~,,,,'~ f;:i;:;: ~ . ~ So~ S 3 i~ PH'73 - 60GK ~~S PAGE O~~ 262959 ~v - - ~ , ~ - :=f : ~ _ _ ~ ~ ~ . W.~__ , . . _ - ~~w