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Home My WebLink About2262 - File 5-28,334 th~. muu~aKc ~a uthr~ u~n.lc~ ot !~tlr ihe mw~r~rrd po{x~t~ m c~unsu~~hmeni u1 ihe ~n,tA~eJnc~~ ~t~ Wtd herch), rll t~`h~, ~~Ilc and ~mc~e>1 uf thr \1o~t~~~~r m.nd to any mswancr pul~ciec ~hee ~n forct sAall paaa u~ tAe pwchaset ar ~~an~ee. (A1 Tu prrhNm, ..+mp~Y r~th ?nd ati~de by each anJ every tAe supulae~uns, a~teements, ~ond~hun~ ~nd cu~enanu ~n ~~~d prum~rsury note ~nd ~n ~h~. derd .re lo~~h. 1 TAa~ ~t any ol .aid .um. ul mune) here~n ~e(enrd to Ae nut prompUy and (uUY pa~d ~~~h~n f~tteen dayz neR~ al~er ~he same sc~erally De.omes Jue and payaAle,ur eacA aod ever~ the supula~~onc, a~reemcnt~, cund~uon~ and corenan~s o( sa~d pran~s- say note end tAu detd, or e~ther, are nol (ully pertcxmed, c~~mpl~ed ~~tA and a~~ded bY, t~e .a~d ~i~~eea~e swn menuoncd m sud ~xw,,,s~ory nu~e shall beci~ne due aod pay~ble (orthr~iA nr therea(te~ at tAe ophon ot the \1ortRa~ee as fully and completely as the :a~d a~Lrc~ate sum ot said p?om~c.ory note was on~~nally shpulated to be pa~d m such dyY. anythm; m sa~d pom~s+ory nwc ix here~n to ~he conuary notr~~hsund~n~. ~ 1 Thrt in nrder to arcele~ate ~he mawnty ut the inJebtedness heteby secured, because uf the la~lure ot tEe \1o~tRasar w pay any taa, ac~e.smem, I~aA~l~ty. obliYst~o^ rn.umbrance upon said proper~y, as herc~n p~i~vided, u shal! no~ be ne~e..ary or reQu~s+te that tAe m.x~~a~c~ shal~ (u.t pay the samc, 2. The ~tortgagez ma~•, at his opt~on, and without waivirtg his r~ght to accelerate the indebtedness hereby sccured and t~~ foreclose the same, pay eithet before ot after delinquency any or all af those cectain obfigatians required by the terms hereof to be paid by the ~lortgagot for the ptotection of the mortgage security or fot the col- lection of the ~~debtedne~s hereb~~ secured. All sums so advanced or paid by the '1lortgagee shall be charged into the mortgag~ account anJ become an integral part thereof, subject in all respects to the terms, conditions, and ~uvenants of th~ aforesaid prom~ssory nate, and this mortgage. as fully and to the same extent as though a part of the original indebtedness evidenced by said note and secured by this mortgage, excepting howevet, that said cums shall be~repa~d the !~lortgagee forthwith upon its demand and be in addition to thz regular monthly install- ments pravided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged propetty shall at all times, duri~g the life of this mortgage, remain in pos.ession of the !1lortgagee and in event of the foteclosure of this mortgage or other transfer of t~tie ta the mortgaged propetty in extinguishment of the indebtedness secuted hereby. all right. title and intere~[ of the \tortgagor in and to any such abstracts of titlo shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the 1Aortgagor to the !1lortgagee described herein or secured hereby, the 1lottgagee is hereb~• subrogated to the lien ar tiens and to the rights of the ownecs and holders thereof of each and every mor[gage, lien or other incumbrance on the land described herein which is paid and.'or satisfied, in whole or in part, out of the proceeds of the loan described herein or secured hereby, and the respective liens of said mortgages. liens or other incumbrances, sh~ll be and the same and each of them hereby is pteserved and shall pass to and he held by the \iortgagee herein as security [or the indebtedness to the Mortgagee herein described or hereby ~ecured, ta the same extent that it v?ould have been preserved and would have been passed to and been held by the ~lortgagee had it been duly and regularly assigned. ttansferted. set over. and deliveced unto the Mort- gagee b}° separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of record, it be~ng the intention of the parties hereto that the same will be satisfied and cancelled oi record by the holders thereof at or about the time of the recording of this mortgage. 5. ln the event the ow~nership of the rteortgaged premises, or any part thereof, becomes vested in a person other than the ~lottgagor, the ~tortgagee may, without notice to the h~ortgagor, deal with such successor or suc- cessors in ~nterest with reference ~o this deed and the debt hereby secured, io the same manner as with the ~1ort- gagor without in an~- w~ay vitiating or dischaiging tht Mortgagot's I~ability heteunder or upon the debt hereby secured. No sale ~~f the premises hereby mortgaged and no forbearance on the part of the ;~lortgagee, and ~o ex- tension of the time for the payment of the debt heteby secuted given by the ~~ottgagee shall operate to telease, ~ discharge, modify, change or a[fect the original liabil'ity of the Nortgagor hetein either in whole or in patt. 6. The lien of this deed secutes and sha{1 continue to secure payment of said indebtedness or indebted- 4 ness, however evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- ~ for, or otherwise, until all such indebtedness shall have been fully paid. ~ 7_ !n ~he e~•en~ the mortgagors selt, convey or t?onsfer the mortgaged premises during the lije oJ this mo~t- i i qaRe, then this mortRaRe shall, at the option oJ the :'l1or~Ragee herein, become immediotely due and payable fo? the ~ Ju(1 sum oJ the pnncipa! balance and interest then due. ~ 8. The terms "1~lortgagor" and "Alortgagee" whenever used in thi~ instrument shall include the heirs, ~ personal representatives, successors and assigns of the respective patties hereto. Wherever used the singular ~ number shall include the plural and the plural the singular, and the use of any gender shalt include all genders. ~ r " ~ ~ C'~L . -L-~ ~ 't , _2 L~ Signe sealed a el~ er ~n t e presence of: 3-~tSeal) ~ - - ' ~ r (Seal) ~ / ~._'!f_C- - _ ~ l! F.~ f, ~ ~ t i ~ ~ STATE OF FLORIDA I ~5 ~ COUNTY OF lIX~ j ST. LUCIE ~ Before me personally aPpeared CHARLES HENRY JONES end ~ MARY JONES ~ his wife ~ - to me well known and known to me to be the individuals described in and who executed the fotegoing insttument, ~r= and acknowledged before me that they executed the same for the purposes there~n expressed. WITNESS my hand • and aff~c~al seal in the County and State last aforesaid this 6th Day of Oetober 1973 ~ ~7 ,,.~~.u~~n;i,,, . 4~ l ~ ~ - ~ ~ - . ~ty Comm~ssion Exp~res: JUII@ 3O, 1975 Notary Public, State of - • fx - rW~ ~ _...J-• • : ~ ' ~ . . = ` f nr~oaf`~ ~ : ^ p:j~ ~ FIL ^ Ati:~~S,NTr = :E ' -apS . ~ S7. lUC , - ~ ~ ~ ~ _y Fc~;; n; ~ t v~,J~t ~I~ ' oa 7 , . ~ tc . ~ ~u r~~.~- l • ~ Q~j I~ 55 ' 6~~Q3 22fi1 x:_~, ~ Bo~K~~.9 t~a~~ ~ ~ _ - _ _ ~ - . . _ . ~ . _ . _ _ ~ _