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Home My WebLink About2265 Our file 5-28,323 1A~. m~~n~ta~te ~w athr~ uan.~c~ ul ~~~Ir tu thr muttra~ed ptopc~~~ m e~unRw~Amenl ul tAc indcbtedne~+ ~ccwrd ActeAy, •11 i~~M, h~lt and ~nte~e.t u( ~he V~•~~tasw ~n anJ to a~y ~nswance puhc~ea ~hen ~n (arct shall p~~s to the purch~ser e~r pan~ee. (A1 T~. prt4xm, ~~.mp1Y ~r~th ~nd •b~dt by eacA and everY tAe at~pu?at~ons, a~~remenls, condiuun~ •nd cnven~ntc ~n »~d prum~csury note an.1 ~n ~h~. J-rJ .rt forth. 1 That any u( aa~d sum. u! munr)' hcre~n re(enrd to be nut protnptly and (ully pa~d ruA~n f~(~een J~ys ne~~ alte~ Ihe same stvcrally M.e.omes Jue and payaAle,iu d e~cA and eve~~ the st~pulauons, a~reemeni~, rund+u~Tnc ~nd cuven~nts uf sa~d pranu_ s~Hy note and ~A~a drtd, or e~~hrr, are no~ futly ptrlcxmcd, compl~ed rieA ~nd abided ~he .~~d •~s~esa~c swn menuontd ~e s~id prom~ssorY nute shall becawne Jue artd payablc torth.~~h ~x ehe~eaRe~ at tht op~~oe of ~Ae \lortp~ee aa (ull)' and compleuly ac d the sa~d a~~re~a~e sum o( sa~d pr~m~.~~+r) no~e ~ras on~inall?~ supulated to be pa~d m cuch daY. anyth~n~ m sa~d prom~ssory rtoee or herein to ~he .~~ntr~ry noty~thstand~nR. 1 7hat m order eo ~.,ele~ste thr ma~uu~y o( the mdebtedness hereby secwed, A~~~~se u( ~he fa~lure o( the No~t~ago~ ~o pay any i~?, as~e.smen~, I~ab~l~ty, obl~Kat~on ~a rn:umDrance u{x~n sa~d property, as here~n pro~•~ded. ~t sha31 ~ot be ne.es.ary ix reQu~s~te that ~he mw~~asee shall fvct pay the same. 2. The \tortgagee ma~•, at h~s opt~on, a~d without K•aiving h~s right to accelerate the indebtedness hereby secured and tu foreclose the same, pay either before or after delinquency any or all of those certain obligations required by the terms hereaf to be paid by the \iortgagat for the protection of ~he mortgage security or for the col- Ieclion of the ~ndebtedness hereby securrd. All ~ums so adva~ced or pa~d by the ~lottgagee shail be charged into the martgage account anJ become an integral part thereof, subject in all respects to the tetms, conditions, and ruvenants oG tht aGxesaid promissoty note, and this mortgage, as fuliy a~d to the same extent as though a part ~~f ihe original indebtedness ev~denced by said note and secured by this mortgage, excepting howevet, that said sums shall be repaid the lllortgagee forthwith upon its demand a~d be in addition to the regular monthly install- ments provided b>~ the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged p~operty shall at all times, during the life af lhis mortgage, remain in passession of the !1lortgagee and in event of the foreclosure of this martgage or other transfer of title ta the mortgaged property in extinguishment of the indebtedness stcured hereby, all right, utle and interest of the tfurtgagor ~n and to any such absuacts of title shall pass to the purchaser or grantee. J. To the exten~ of the indebtedness of the Mortgagor to the Rlortgagee described herein or secured hereby, the \lortgagee is hereb~• subrogated to tht lien or li~ns and to the tights of the owners and holders thereof of each and every mortgage, lieo 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 toan described herein ot secured hereby, and the resPectivt liens of said mortgages, iiens or other incumbrances, shall be and the same and each ot them heteby is preserved and shall pass to and be held by the !~tertgagee herein as security for the indebt~dness ta the hlottgagee herein described or hereby secured. to the same extent that it would have been ptesetved and would have been passed to and been held by the ~lortgagee had ~t been duly and regularly assigned, transferred, set ov~r, and delivered unto the Mort- gagee b~• separate deed of assignmeot, notwithstanding the fact that the same may be satisfied and cancelled of record, it be~ng the ~otenuon of the parties hereio that the same wifl be satisfied and cancelled ot rtcord Ey the holders thereof at or about the time af the recotding of this mortgage. 5. !n the event the ownership of the mortgaged premises, or any part thereof. becomes vested in a person other than the \kirtgagur, the \tottgagee may, without notice to the Mortgagor, deal with such successor or suc- cessors in interest ~ith reference to this deed and the debt hereby secured. in the same manner as with the ~1ort- gagor ~ithout in an}• way vihating or discharging the htortgagor's (~abitity hereunder or upon the dcbt hereby secured. tYo sale of the premises hereby mortgaged and no fotbeatance on the patt of the Mortgagee, and no ex- tension of the time for the paymtnt of the debt heteby secured given by thc 4lottgagee shall opetate to telease, discharge, modify, change or affect the ariginal liability of the Nortgagor herein either in whole or in part. 6_ The I~en of this deed secures and shall continue to secure payment of said indebtedness ot indebted- ness, however evidenced, whether by said prumissory note or any renewal or extension thereof or substitute there- for, or othetw~se, until all such indebtedness shatl have been fully paid. 7. !n the ercnt the ?no~tgagors sell, convey or ~~nnsjer the morigaged p~en~ises during the tiJe oJ thes niort- qage, then this mortRage shall, at the oprion oj the ~11o?tRagee herein, become immediotely due and payable Jo? the lull sum oj the pr~ncipal ba/once and interest then due. ; 8. The lerms "Mottgagor" and "!14ottgagee" whenever used in thi~ instrument shall include the heirs, ~ ; personal representatives, successors and assigns of the respective parties Aereto. Wherever used the singutar number shall include th~ plura! and the plural the singular, and the use of any gendet shall include all gende~s. ~ s Signe sealed d et i e presence of: Y t LY= ..~~fGr ~ l'~~~' 2~~ (Sea1) ~ - s \ t r s -1y•--_i~~a., C4- 1. ~~o ~ ~ (Seal) ; ; ~ ; ' - ~ - ~ L.~~'f' tc~i _ - . ~ - ~ . Cy~e.~ ~ € i / STATE OF FLOR(DA I , ~ COUi~TY OF ~ f 's ~ ST LUCIE ; ~3ef~~re me personally appeared ~,INTpN HARRIS and JULIA HARRIS, h1S wife, - to me well know~n and known to me to be the individuals described in and who executed the fotegoing instrument, and acknowledged before me that they executed the same [br the purposes there~n expressed. W~TNESS my hand ; and o(ficial seal in the County and State last af~resaid th~s 4th Day of Oetober, Z973 4 ~ ' .lilflr~~ • . - , ~ ~ ~iy Cumm~ssion Expires: _ .TUrie 3O, 1975 Notary Public, State of Florida_~ t;'•• ~ e ; ' ti F?LEO bM~' ~'E:uR~f~9 . - _ tUC;l L';;l1MjT .F~l~• ~ t%,. - ~ ~ Tk!?S ' ~ aOCt , COOZT , _ ~ - • ~ ~ '•':i " CtEnlt :..;i~ m - . ~ : c~,;,~, y~::t=1=~~...~° ~ - F. - . , ~ lb ~10~ AH'73 ~ : ~ j iZEi~i?i.O~ BOOI( ~~9 PACt ~~U~ ~ ~ ~ ~ ~ - - - - ~ , . ; : v_._ . . _ . - _