The URL can be used to link to this page

Home My WebLink About1428 Our file 5-28,101 ootios ttwreot by mtil w the Mortpgee ~nd the Mortgagee may make proot o( bss it tAe same ia rot m~de promptly by the Mort~gor. In eventr ot toro dowue of thi+ mortg~ge or other transter ot titM co the aw~~ged propatY in eitinguishm~at ot the iodsbtedne~s sscwed hw~bp. tU risM. titte Rnd inte~wt ot tl?e Mortg~gor ia and w wy inaurance po6ciee thea in force sh~il paaa to tM purchaser o~ grantea IA17b p~rtorm, comp~y witA ~nd ~bid~ by e~cA aad ewry ths stipu4tiau. atreenrnts, coaditloa~ aad oowaant~ in uid prowiwory oota aad in tAi~ dMd Mt toeth. ti! 7lut i/ ~ny ot ~id suau ot aaasy herein roterred to be aoc promptly and tully paid withi~ Rheen daya aeut ah+~ tAe ~ams ~verally becoa~ dos ~nd py~bls. ar it eacA aad every tAe etipul~tiona a~eemenu. aorditans wd oovnointa ut aaid pramisaorp ewta and tlus dMd. o? eitAsr. w not tuljy pQfomoed. complisd witA ~ud ~Eided by. tl~e said ~ggregae sum mencioned in aaid pmmiseory aote ahaU beoome due ud pay~Dls taM~rit6 or theteJter at the optioa ot the Mortg~gea u tuUy and oomplatdy as it the aaid aggrcgate aum ot said promi~aory note was origipally stipultted W bs p~id on such day, anything ia uid promisaory aote or Aer~ein w thecantnry nawithstan~c~- 11111ut in order to acceknte tAe maturity of the iodebtednees hdtby aecured. benuse o( the [ailure ot the Mortgagrx W paY ~d}~ tu. asassu~eat, liabili- tY. obiig~tion or eaeumbranca uposo aaid property. ss huein provided. it ~AaU not be neeesa~ry o? requisite tlut t!?e mortgagee eh~ll C?rst p~y c!?s sune. 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtednesa hereby secured and to forecloee the same, pay either before or after delinquency any or all of thoae certain obligations tequired by the terms hereof to be paid by the Mortgagor for the protection of the mortgage aecurity or for the coltectioa of the indebted- ness hereby secured. AU sums so advanced or pnid by the Mortgagee shau be charged in~o the. mortgsge aceouat and become an integral part thereof, subject in all respects to the terms, conditio»a, and covenante of the aforesaid proaus- , sory note, and this mortgage, aa fully and io the same e~ctent as though a part of the original indebtednesa evidenced by said note and secured by thia mortgage. ezcepting however, that said sums ahall be repaid the Mortgagee forthwith upon its demar~d and be in eddition to t~ regular monthly installments pmvided by the mortgage note. 3. That the abstract or abstracte of title covering the mortgeged property ahali at all times, during the life of this mortgage, remain in possession of the Mortgsgee and in event of the forecloaure of ttua mortgage or other tranafer of title to the morLgaged property in extinguishment of the indebtedness secured hereby, all right. title and interest ot the Mort- gagor in and w any such abstracta of title ahall pass to the purchaser or gtantee. 4. To the eztent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby. the Mortgagee is hereby subrogated to the iien or liens aad to the righta of the owners and holders thereoi of each and every mortgage, lien or other incumbrence on the land descnbed hereia which is paid and/or satisfied, in ~rhole ot in patt. o~ ' of the proceeda of the loan deecribed herein or secured hereby. and the respective liens of said mortgages. liena or other incumbrances. s6all be and the eame and each of them hereby ia preeerved and aheli pasa to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein dexribed or hereby aecured. to the same e:tent thst it would bave been preserved and would have been pasaed to and been held by the Mortgagee had it beea duly and regularly assigneci, trensferred. set over, and delivered unto the Mortgagee by separate deed of assignment. notwithstanding the fact that the same may be satisfied and cancelled of record, it 6eing the intention of the parties hereto that the same will be satiafied and cancelled of record by the hold~s thereof at or about the time of the recording of this mortgage. 5. Ia the event the ownership of the mortgaged premiees. or any part thereof~ becomea vested in a person other than the Mortgagor, the Moetgagee may, wiinoui nviicc t~ t.`,~ ~6..6,,:, ~~h s~ech ~+~-r~or or succeaeora in in- terest with reference to thia deed a~nd the debt hereby secured, in the same manner sa with the Mortgagor ~rithout in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on Lhe part of the Mortgagee, and no eztension of the time for the payment of the debt hereby secured giv~ by the Mortgagee ahalt operate to retease, 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 iadebtedness or indebLedness, however ~ evidenced, whether by said promissory note or any renewal or ertension thereof or substitute therefor. or otherw~iae. > unt~ all such indebtedness shall have been fully paid. ___T, lathes~e.nt_ N±e mortga$ors s¢ll, conuey or trans~er the mortgaged prernises during the Iife oj this ~no~tgnge, then t/us mortgnge shall, at the option of the Mo~tgagee herei?t, becorne immediately due and paya6le-for the (ull sum of _ the principal balance and interest then due. ~ 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shail include the heirs, per- sonal regre~entativea, successors and assigns of the respective parties hereto. Wherever used the singular nu:nber shall ~ include the plural and the plural t , and the use of any gender shsll include all genders. ~ ~ Signed. ed and 'v the _ 1 Seal l ~ ' ' ~1 /7 , - . ~ G~~! ISeal) ~ - ~ >>~~"1f~~ ,i"i~ C , K t ; - - - - F STATE OF FLOBIDA ss COUNTY OF I~X~`iX ~ ST ~e~oie me~personatiy eppeared PETER BAKER Snd NATTIE W, BAKER, his wife, i to me well Irnowrt and known to me to be the individual described in and who executed the foregoing instrument, and ac3mowledged before me that they executed the same for the purpoaes therein eYpressed. WITNESS my haad and official seal in the County and State lest aforesa°d this-~3rtj-~3gy -AtlgttS~-f--~9 ,~i~~ - , ~ • t , Y ~ _ ` une 0 1 tvo Public, scace of Florida ~ My Commission Eapires: ~Y , . : : i ; ' ' ` . DEO --:s--~` : ~ J, ; ~~.~xs OR .1,.-... ~u- `E~ aK~ RE~ Y F~~• AGL _ s y ~ ft ~tt C011MT 5 F,,~ d:`: : 5~.t~ o~1'RA z• .i~_,~i- ' ~~C~q :U j ~~URT ~ U ~~r - .1 . 1~Q ~ • 1~ . . ~ CLEAK ~'R1F~EO.,r~~ i ~s' .'~.s`~i~•;~~~: ; ; a~C~RnY_ ~ f ` ~ 3 z~ e~ ~3 ~ ~ ~ ~ ~ 800K 21~ PACE~~z~T 263350 ~ . ~ ~ . , 'f : , - ^5....`_, 5~ ~ _ ~ - ~L~ ~ . . . . ~._.t-~., f=.~ ~:,;r.~