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Home My WebLink About1431 ' Our file 5-28,098 aotice thereo[ by mail w tAe Mortgagee uid ths Mortgagee may make proot ot loas it tAe same ia not auide promptly by tl~s Mort~~. ln wentt of (ors down o[ this mort~~e w otAer tnnster ot titl~ to tde mort~aged propercY ia sstia~uis6mwt ot tM ind~bced~ sMUed Mr+bp. dl rijht, titb ~nd iaterMt ot t4t Mort~or in ~ad to any inwranee policiM thea in torce sh~ll paas to the purcirw or ~tatM. Ih11b pwform, oo~aply with u?d a~id~ by ~ach and every tAe stipul~tioas. agreem~nts. conditions and ooveiunt~ in ~aid ptomiwory nflt~ ~ad ia thi~ dsed ~stfortL. Ii!'J1+~t ii ~ay N aaid sums of a?oney l~+ein reta~rod w be not promptly snd tully pRid ~ithin _J"iftesn days neut aRar the wre ~everaUy . beeane~ due aed paya6k. or if e~ch aad ev~ry the stipulations, agreemen~.a. rn~tans snd oovaunts oi eaid pniuuasrory ~ate aad tdis dood. or eitl~er. ~re not ful~y p~fomosd. complied ~rith aad ~bid~d by. the said ~ggregate sum mentioned ia aaid pmmiasory note slutl bseome due ud p~yable [orthwritb a~ th~reatter ~t tAe optioa ot the Mortg~g~ae ss fully and eompletely as it the aaid aggrog~ce aum ot aaid promi~y ~wte ~ras originalty stipulated W bs paid 0o such day. aaythin~ in wd promissory aoce or berein w the contruy nocwitlutanding. 11111ut in order w acceknte the maturity o! tAe iodebtednees heteby secvred, because of 11+e (ailure ot the Mortgagvr w pay any tu. as~sesment, Wbili• tY. oblig~tion or encumbraaoe upon said property. as herrin provided. it sFull not be aecassary or roquisite Uut the mortg~goe sRdl tust pay ths s~ms. 2.1l?e Mortgagee may, at his option, snd without waiving his right to accelerete the indebtedneas hereby secwed and to foreclooe the same, pay either before or after deGaquency any or aU of thoae certain obligations required by the terms hereof to be paid by the Mortgagor for the protection of the mortgage aecurity or for the collection of the indebted- neas hereby-eecured. All suma sn advanced_or paid by the Mortgagee ahall be chuged into the asortgage accouat and become an integrel part thereof. aubject in atl reapects to the terma, conditions. And covenanta of the aforesaid promia• sory uote, aud this morLgaga. as fully and to the same extent ae though s part of the original indebtedneea evidenced by said note and secured by thia mortgage, ezc~ting however, that said suma shall be repaid the Mortgagee forthwith upon its demand and be in sddition to the regular monthly instelUneats provided by the mottgag~e note. 3. That the abstract or abstracta of title covering the mortgaged property ahall at ail tiraea. during the life of thia mortgage. remain in possession of the Mortgagee and in ev~t of the foreclosure of thia mortgage or other transfer of title to the mortgaged property in e:tinguishment of the iudebtedness ~ecured hereby. all right. title and intereet of t6e Mort- gagor in and to any such abatracta of title ahall paea to the purchaser or grantee. 4. To the ~actet~t of the indebteduesa of the Mortgagor to the Mortgagee deacribed herein or securecl hereby. tbe Mortgagee is hereby subrogated to the tien or li~s at~d to the rights of the owners and holdera thereof of each and every mortgage. lien or other incumbrance on the land deacrbed herein which is paid and/or setisfied. in whole or in part. out of the proceeds of the loan dexribed herein or secured hereby, and the respective liens of said mortgages, liena or other incnmbrancea, shall be and the same and each of them hereby is preeerved and ahall paaa to aud be held by the Mortgagee 6erein as security for the indebtedness to the Mortgagee herein deacribed or hereby eecared. to the aame eztent that iL would have been preserved and would have been psased to and been held by the Mortgagee had it been duly and regularly assigned, transferred. set over. and delivered tu~to the Mortgagee by aeparate deed of aasigcunent. notwithstanding the fact that che same may be satisfied and cancelled of record, it being the intention of the parties hereto that the same will be satis~ied and cancelled of reoord by the holders thereof at or about the time of the recording of Wua mortgage. 5. In the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a pereon oLher than the Mottgagor. the Mortgagee may, witnout notice tv the ~iortgagar~ ~~al zciLh s~:ch ~nxsssQr or eticce~r~ in in- terest with reference to this deed and the debt hereby secured, in the same manner ae vrith the Mortgagor without in any way vitiating or discharging the Mortgsgor's liability hereunde~ or upon the debt hereby secured. No aale of the premises ; hereby mortgaged and no forbearance on the part of the Mortgagee. and no eztension of the time for tha payment of the ~ ~ debt hereby secared given by the Mortgagee ahall operate to re`~eti~i~~p~~~~ t~c#j~ ~a' bility of tbe Mortgagor herein either in whole or in part. R~ 6. The lien of this deed secures snd shall continue to secu ~~~~i:~~'ft~n~~','~V~er evidenoed. whether by seid promussory note or any renewal o~~~~,y~re~??€~r,~~4p~~~~#oettq~( u~b~M~e. unt~7 all such indebtedneas ahall have been fully paid. a.- L~ 7. In the event tlae mortgagors sel~ eonvey or tnansfer t~MU~~B p~li~ae~~u~n~ t~~'~E ~~Ius mortga~ie, - then tAis mortgoge shal~ at the optioa of tlee-MortgugQa herein,~~n~(in~~~and payable for tlu full aum of _ - - - the principal balanee and interest then due. 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shaU include the he+rs, pe~- sonal repreaentatives, successors and assigns of the respective parties hereto. Wherever used the singular number shall include the plural and the plurel the singular, and the use of any gender shaU indude all genders. _ Signed, ed and in e p ce of • 1 Sea1) ( Sea11 ~y-t ~t< ~7~ c~-~~ ' STATE OF FLORIDA sg COUNTY OF~ ~GARET A. KUEKER, an unmarried woman, formerly known f ST ~e~oUre meE personalty appeared as MARGARET ARNOLD, also formerly known as ANN MARGARL~ to me well Imown aad known to me to be the individual described in end who e:ecuted the foregoing inatrument, and AjtTjQj,j)~ acknowledged before me that they executed the same for the purposes therein ezpressed. W ITNESS my hand and ' -offici~~-~-the~couat ana-Stace.lascafnresa;.d_this ~ st Da of__Au~ust, 1973 y- - - ~ _Y---- _ _ . - - ~ - - - - _ -`~~~,,,~;~~u~l~;;~'' .i . ~ ' ~i . ~ _ I j]~= F My Commission Expires: JUII@ 3O 197 S Notary Public, State of r~ 3,- ~ : ' . A ~ . - ~ : ~G ~ t: ~ F ; ~ , . . / LEO I~MD ~ECORDEO ~ ~ G' ~.lUC1E CJUkTY L~. ' 7~' n`:;~~w-` R{?v~d r.)iTR~S ~ r U!T COURT ( ~ T? aK C. ;,~j• . arC`fr YFR~r~EO 3o PM'Z3 ` SEr 10 ~ t ; 2~63351 i~K z18 P,~1~~ _ .~Yy - /a"~a . _ _ , ~ , ~ ~ . . . . . . Tit '.G~'._ d'~