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Home My WebLink About0028 File 5-28,198 aotia tharwt by m~i16o tGs Morceagre and tAe Mortgsge~ may make proof o( loss it tM same is aot mads promptlY by ths Mott~. in wea~ o( fors CJOAY~'! OI tlLLf mOflg~f Of OtAlf Cfil17~K O~ [l1J~ IO tD~ mD1t~~Y~ P~~PKtY IO !1[111gIL~dmYpl OI CM lflORb{Adus~s seau~d intereat o[ t4e Mat ia ~ad w u~ ~nsuru~oe us s h«eby. ~ll ri~At. title ~ad i~6'o+ Y pobcise then in (orce strll pa+s to the purcAaasr or gr~ntes. IA1 T~psr/orm, eomply ~rith sad abids by e~ch aad every tAe stipulation~. agreements, condition~ u~d m~reaants in ~aid promiasory note aod in tAis deed ~st fortA. lil'ILat if aay ot a~id aums ot uwney hereia rderred w be not promptly and fully p~id within _,fi(t~een d~ys aezt after tLs iartis ~ever~Uy beccmes dus ud qyable. oe it e~d? and svery the atipuLtions. ag?eana?ts. coadi~iw?~ and ooveu~nis of eaid promissory aote atd this deed, w eitt?~. ~re ~~Y P~~mied. compii~d wiN and ~bidsd by. the s~id ~gg~egau wm +nentiabd io said proa~issory ~wte sba0 become dus ~nd p~y~W~ torthwit6 or there~tcer at theoption ot t6s Mortgagee as tuUy ~nd oou~pletdy u it tAe aaid aggregate sum ot said pmmi~aay note wu oai8inally stipu4ted W be p~id on suc!? day. anytAin~ in ~id promis.~ory aote or Aersin to tAe contnry notwithstao~ng- 111 "~t in order W acceknte the m~turity ot tAe iodebtedneea haeby een?red. beuux ot the tsilure ot the Mortgago~r w p~Y ~ny tu. assesaaieat. liabili- ty. oblig~tion or eavmbcancs upon aaid property. as huein provided. it shall rwt be neeeasvy or reqwisite that tAe mortgagee shall Cust p~y tAe suns. 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtedness hereby secured and to foreclose the same, pay either before or after delinquency any or al! of those oertain obligationa required by the teraia hereaf to be paid by the Mortgagor for the protection of the mortgage security or for t6e collection of the indebted- aess hereby secured. All sums so advanced or paid by the Mortgagee ahall be charged iato the mortgage aeco~nt and become an integrai part thereof. aubject in all respects to the terma. conditions. and coveaants of the aforeeaid promis- sory aote. and this mortgage, as fully and to the same extent ae though a part of the original indebtedneas evidenced by said note and aecured by t6ia mortgage. ezcepting however. that said swns ahall be repaid the Mortgagee forthwith upon ita demand and be in addition to the regular moathly instaWn~ts pmvided by the mortgage note. . 3. That the abatract or abstracts of title covering the mortgaged property ahall at all tiane$, duriag the Iife of this mortgage. remain ir~ possession of the Moctgagee and in ev~t of the foreclosure of thia mortgage or other transf~ of title to the mortgaged property in e~ctinguisha~ent oi the indebtedness secured hereby. a!1 right. title and interest of Lbe Mort- gagor ia and to aay svch abstrects of title shall pasa to the purcbaser or grantee. 4. To the exteat of the indebtedness of the Mortgagor to the Mortgagee described 6erein or secured hereby. the Mortgagee is hereby subrogated to the lien or liens and to the righta of the owners and holders thereof of each and ev~y mortgage, lien or ott~r incumbraace on the land descnbed herein which is paid and/or satisfied. in whole or in part. out of the proceeds of the loan deacribed herein or secured hereby. end the respective liens of said mortgages, lisns or other incumbrancea. shall be and the same and each of them hereby is preserved and shall pase to and be held by the Mortgagee berein aa security for the indebtedneas to the Mortgagee herein dexribed or hereby aecured. to the same eztent that it aould have been preserved and would have been paseed to and been held by the Mortgagee had it been duly and regulerty aaaigned. traneferred. aet over. and delivered unto the Mortgagee by aeparate deed of assignment. aotwithatanding the fact that the same may be satiafied and canoelled of record, it being the intention of the parties bereto that the same will be satiafied aad cancelled of record by the holdera thereof at or about the time of the recording of thia mortgage. 5. In the event the ownership of the mortgaged premiaes. or any part thereof. becoaoes veated in a peraon other than the Mortgagor. the Mortgagee may, without notice to the Mortgagor, deal with auch auoceasor or auccessora in in- terest with reference W this deed and the debt hereby secured, in the same manner ea with the Mortgagor without in any way vitiating or diacharging 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. and no eztension of the time for the payment of the debt hereby secured givea by the Mortgagee shall operate to release, discharge, modify, change or affect the origina! lie- bility of the Mortgagor herein either in whole or in part. 6. The Gen of this deed secures and shall continue to secure payment of seid indebtedness or indebte~nness, however ~ evidenced, whether by said promissory note os any renewal or ertension thereof or aubstitute therefor, or otherwise. ~ until all such indebtedness. shall have been fully paid. ~ 7. In the event the ~nortgagors seQ conuey or trnns(ar the mortgaged premises during the life or dtis moKgage, then this mortgoge shall, at the option of the Mortgagee herrin, beeome immediately due and payable (or the ~ull suni o f the prineipa[ bola~tce and interest ihen due. 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heits, per- sonal repreaentetives, succe,ssors and assigns of the respective parties hereto. Wherever used the singular number shall include t plural and the plurel ttre singalar, and the use of any gender.shaU include all genders. ~ ~ t S' sealed a eli ' th sence of: ~ , ~/I G"~(~c-~vr-v J~~ rt-~ 1 Seal l - ~r-w ~ c-•-r+-Q ! ~ STATE OF FIARIDA 39 COUNTY OF ST. LUCIE F. CARVER and NAZOMI CARVER, his wife, Before me personally appeared W. to me well lmown and known to me to be the individual described in and who executed the foregoing instrument, anci aclmowtedg~ed before me that they executed the same for the purpoees therein expressed. WITNESS my hand and official seal in the County and State last aforesa`.d this 13th Day of September, 1973 . i~µtttu~u~~~ ~ • ~ . t. ` ~ r 7 "Y. , .'i~'4 ~ _ ^ i : MyCommissionExpires: _TimP ~Q~ 19]5 NotaryPublic,S of . ~ ~ ~ _.5 _ . ; : i: _ :sR: =~i f1lE~ ~~r AE~~`( f11~• .~~-°~~1~ fY ~ ~ ~~G1 Q . 'y` _ ST_ ItiC~E~~~U,TR~S ~ ~ ~~j = ~ A ~ r; ~;5i=; r0~ t , ROC t ~r.-•?d=. CLE •°•x Ct~.',~~~T COU _ ~ '~i,~'~b ~"f pct,f~a;? vF~;~tEO~ ~~~~f 5 2 48 ~K ~~3 ~ S~~ 2 E~x219 PAGf 28 264418 ~ ~ ~r' y .x ~m'~„~arv' F - _ R ' ~ ' , _ ~~...~.~'~~`°x~f"^~s'd.: #f'lw«'~'. c. . . A * _:cy . . _ ..r`~-~-.-....a:er!5,•_r~~~