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Home My WebLink About0504 tA~. mor~Kagr ~N ~~thr~ uan.lr~ ul ~~Ilr w the mottKa~ed pupen~ io ei~~nYu~~Amen~ ut 1he ~ndeA~cdoec~ ~e~ured herchy, ~11 n~h~, utle ~nd ~n~crc.~ nl ~Ae ~1~~~~ra~or ~n and to anr msu~aoce pol~cies ~hen twce ahall pa+s to tAc putcha~e~ w Rr~nlee. (hl Ti~ pe~l~wm. ~.mp1Y ~•~~h •nd al+ide b~ eacA and evety tAe st~pulalicu~s. a~teements, cond~UOn~ and corenaotc ~n s~~d prumi.sory nute and ~n Ih~. dcrJ .t~ tur~A. 1 TAat J any ut .s~d sum. uf munry herem relenrd to be nut prumpUy rnd fully pa~d wuh~a fd~een day~ next al~er the s~me severally beaomes due and payable,a eacA and every tAe ctipulauons, a~~eemen~., :~+nd~Uonc and cavenants ot sa~d p~um~s- say note and ~h~s deed, or euher, are not (ullY per(ormed, cumpl~ed rr~tA and ab~ded hy, the +~~d aKgregate sum menuoneJ m sa~d pnxmcs~xy nute sha11 becomt dur and pa~~ble (wtA~~tA ix the~ea(ter al tAe opunn o( ~he VuttEa~ee as (ully and completely as ~f the sa~d s~~te~ate sum o! ~a~d prcxmsscuy note ~ras wi~inally s~ipulated to be pa~d m such dry, anythm~ m sa~d pnxn~~sory no~e or herein tu ~he ront~ar~ natMuhs~andmR. (~l That m order .u sccelero~e th~ maturuy of ~Ae ~nJebtedness hereby secwed, Aecause o[ the fa~iure o( ~he MWt6~s..r ~o pay aey ta~, ac>essmeN, lub~l~t>, ubl~gation n~ rn~umbrance uMm sa~d prope~ty, as herc~n prov~ded, u shall nol be nececcary at ~eQws~tt that the m.Nt`aEte shall f~r~~ pay the ~ame. 2. The ~lortgagee may~, at his option. and without w•aiv~ng his right to acceletate the indebtedness hereb}• se~ured and to toreclose the same, pay either before or after delinquency any or ail of those cettain obligations requited by the terms heteof to be paid by the \lortgagor t'or the protection of the mc~rtgage security or fot the col- lection of the indebtedness hereby secured. All sums so advanced or pa~d by the 1Aortgagee shail be charged into the mortgage account anJ become an ~ntegral part thereof, subject in al) respects to the terms, conditions, and covenants oG the aforesaid promissc~ry note, and this mottgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said note and secuted by this mortgage, excepting however, that said sums shail be repaid the !1lartgagee fotthwith upon its demand and bc in addition to the regulat monthly install- ments provided by thc mortgage note. 3. That the abstract or abstracts of title covering the mortgaged property shall at all tim~s, during the life of this mattgagc, remain in possession of the \1c~rtgagee and in event of the foreclosute o[ this mortgage or other transfer of title to the rt~ortgaged property in eatinguishment of the indebtedness secured hereby, all right, title and intere~t of the ~1~rtgagor ~n and to any such abstracts of title shall pass to the purchaser or grantee. ~1. To the extent of the indebtedness of the Mortgagor ta the hlortgagee described herein or secured hereby, the !1lortgagee ~s hereb~ subrogated to the lien oc liens and to the rights of the ownets and holdets thereof ot each and every mortgage, lien or othet incumbrance on the land desctibed herein which is paid and-''or satisfied, in whole or in part, out of the proceeds of thc loan described herein or secured hereby. and the respective liens of said mortgages, liens or other ~ncumbrances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the !1~ortgagee herein as secutity for the indebtedness to the ~lortgagee herein desccibed or hereb~ ~ecured, t~~ the same extent that it would have been preserved and would have been passed to and been held by the ~lortgagee had it been duly and regulariy assigned, transferred, set over. and delivered unto the Mort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of - record, it being the intention of the parties hereto that the same will b~ satisfied and cancelled oC record by the holdets thereuf at or about the t~me of the recording of this mortgage. 5. In the event the ownership of the mottgaged premises, ot any pact thereof, becomes vested in a person other than the ~lortgagor, the ~lortgagee may, without notice to the Mottgagor, deal with such successor or suc- cessors in interest w~ith reference to this deed and the debt hereby secured, ~n the same manner as with the Mort- ~ gagor w•ithout in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premise+ hereby mortgaged and no iorbeatance on the part of the Mortgagee. and no ex- tension of the time for the payment of the debt hereby secured given by the Nortgagee shall opecate to telease. discharge, modi[y, change or a[fect the original liability of the Mortgagor herein either in whole or in part. ; 6. The lien of this deed secutes and shall continue to secure payment of said indebtedness or indebted- I ness, however evidenced, whether by said promissory note or any renewal or extension theteof or substitute thete- ' ` for, or otherv?~~se, until all such indebtedness shall have been fully paid. ~ 7. /n 1he e~•en~ the mortgngo?s sell, com•ey or trensJer ~he mor~goged premises during the li/e oj this mort- ~ qaRe, t6en this mortRa,qe shall, al the oplion oJ the Atortgagee herein, become immedia~ely due and payable Jor the ~ Jull suin oJ !he pnncipal balance and interesr ~hen due. ~ 8. The tertns "Mortgagor" and "Nottgagee" whenevet used in this instrument shall include the heirs, personal representatives, successors and assigns of the respective parties he to. Wherever used the singular ~ number shali include the plural and the plural the s~ngufar, and the u any ender shall include all genders. ~ ~ . , / ~ Signe eal d and iv ed t resence of: ~ L~ (Seal) ~ " ~ ' (Seal) ~ f tt<<~' ~ ~ ~2~ , ~Z~~ ~ ~ ~ STATE OF FLORIDA I ~ COUNTY OF~~ ~S ~ ST:ZTJCIE ~ Before me personally appeared J. J. GAUTIER and CARRIE GAUTIER, his wife ~ to me well known and known to me to be the individuals described in and who sxecuted the foregoing instrument, ± and acknowled ed before me that the caecuted the same for the g y purposes thete~n expressed. WITNESS my hand y; and official seal in the County and State last aforesaid this 22nd day Of September, 1973. ~ „ ;~t h~~ ~nY F U:;iIC. SIA:i o! f ~~n~~•~ at t;~RGE ~ MY CQ:~,ifi;ji~;i EXPlScS JUNE 3D, - Bar?ded By A~:.er~can tlaokers Insurancj 975 - ~1y Comm~ssion Eapires: ~ Notary Public, State of F Orl ~ at~ La e'• ' F~{ f LCC AA7 ~?_~u;~ED - ~ ' " ~ _ - S~.LUCiC C~`.;NTY fLA. ~ ~ - "i' R~l~c r ! 'RA$ , ' ~ ~ . u , ~ ~ . . CIERc '~)~i ~~CURT Ui`' ~ ~ ~crr. :src i._. ~ . , ' ~ OcT I i i z9 ~Mi'~ 3 s~ 264~5~ o k _ BGOM FA6E 501~