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Home My WebLink About2878 Ihi. m~.r~~ta~r ~a o~hrr ttanslc~ c.t Utle lu ~he mot~Ka{ed properl) m e?untuul~ment ol !ht indeblednesx ~ecwcd he~eh~, all n`ht, t~Ut anJ ~ntere.t ut tAe \1ott~a~ur ~n rnd ~o any ~nsuron~•e pol~t~es ~Aen ~n fone shall pa>s ~o ~he pwchaser or ~ran~ee. 1l+1 7.. prriwm. .~reiplv ~~~tA and ah~de b~ ea~h and every the st~pulauuns. aireements, cond~UOn~ ~nd cavenant. ~n .~~d prom~.~..ry n~~te nnd ~n ~An de~d .ee iorth. 1~ ~ Thr~ ~1 :~n~• .~~d sum. o~ m.~nr) hore~n refrtrcd to be not promptly •mi (ully pa~d ~uh~n t~lrcen arr. ne•t ~tcer ~h~ .eme .r.rrallY Aecomes duc and paYahle..x ~f ea~A and evetY Ihe s~~pulauons. aRrcements, .~~nd~tionc and cn~enants oi .a~0 Dr.~~•- .o~v nott and tAis dred, or euAer. are not fu11Y ~rtMmed. compl~ed r~th and ad~ded ~Y, the .a~d aRgrc~a~e sum menuontd m se~d ~u,.m~c<on notc ~hrll be.ome dur and pac~~lc tMthr~th .x Iherestur a~ ~he urt~on o( the \1urtEa~ee as fully and :ompletely as ~f thc .r~d aRittfKalr .um ol sa~d ~uixn~..n~1 nnte ~ac onK~nallY sUpulated to be paid on .uch drY. anythm` m sa~d prom~s.orp note or hercm 1~. th~ :oN~e~) nnt~~~Ih~tanQ~nE. ~ 1, 1 Th,~ ~n ~.rder to r.celerate tAc mawn~y ul the ~ndebtedness hereAy cecured, brcause u( 1he lailure ot ~Ae \fat~a~ur pay any tn~, .~c.e~.mrnt, ?uh~l~~>, obL~aUon nr encumb~ance up.~n ~a~d prope~ly, as here~n prov~ded, u shall not be ne.es~ary o~ repu~sue tAat ihc m„r~p~~ee xhrll hr.~ ~wy tht same. The \tottgagee ma~, at his opuon, and without w'aiv~ng his tight to acceletate the iridebtedness hereby~ .crured anJ to forecluse the same, pay eithet be[ore ar after delinquency any or all of those cetta~n obligations requ~r~d hy the terms hereof to be paid by the ~iortgagor for the protection of the rm~rtgage security ot for the col- Ir~~:on ~~f tha ~ndebtedness herab~• secured. All sums so advanced or pa~d by the 1+lortgagee shall be charged into the mrrlgage account anJ become an ~ntegral patt thereof, subject in aU tespects to the terms, conditions. and cr~•enant. of the af~~resaid promissoty note, and this mottgage. as fully and to the same eatent as though a part of the orig~nal i~debtedness e~idenced by said note and secured by this mottgage, excepting howevet, that caid .um~ shall bc ropa~d the ~lortgagee forthwith upon its demand and be ~n addition to the regular monthly install- ments providcd b~~ the mortgage note. 3. That the abstract or abstracts of title covering the mottgaged property shall at all times. during the life of th~~ mortgagc, remain in possession of the '1lortgag~e and in tvent of the fareclosure of this mortgage ot other tran.ltr of title to the mortgaged property in extinguishment o[ the indebtedness secuted hereby. all right, title and ~nterest of the ~lortgagor ~n and to any such abstracts of title shall pass to the puichaset or grantee. To the extent of the ~ndebtedness of the !1Aortgagor to the Atortgagee described herein or secured hereby, the Vortgagee is hereb~ subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every mortgage. lien or other incumbrance on the land described herein which is paid and 'or satisfied, in ~u~hole or ~n part, out of the proceeds of the loan described herein or secured hereby, and the respective liens of said mortgages, I~ens or other ~ncumbrances, shall be and the same and each of them hereby is presetvcd and shall pass to and he held by the \tottgagee herein as secutit~ for the indebtedness to the blortgagee herein described or hereby secured, to the same extent that it would have been preserved and would have been passed to and been held b~ the ~t~rtgagee had it been duly and regularly assigned. transferted. set over. and delivered unto the ;~1ort- gagee b~ separate deed of assignment, ~otwithstanding the fact that the same may be satisfied and cancelled of rrrord, it be~ng the ~ntention of the parties hereto that the same will be satisfied and cancelled of record by the h~~lders thrreof at or about the time of the recording of this mortgage. 5. In the event the ownership of the mortgaged premises, ot any part thereof. becomes vested in a person other than the \lortgagor, the ~lottgagee may, without notice to the !Nottgagor, deal with such successor or suc- cessors ~n interest ~ith reference to this deed and the debt hereby secured. in the same manner as with the ~lort- gagor ~~thout in an~• way vit~ating or discharging the ;1lortgagor's liability hereunder ot upon the debt hereby secured. tio sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee. and no ex- tension oE the ume fur the payment of the debt hereby secured given by the 4lortgagee s6a11 operate to release, discharge, modify, change or affect the original tiability of the ;4lortgagor herein either in whole ot in part. ~ b. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ~ ness, however e~idenced, ~•hether by said promissoty note or any renewal or extension thereof or substitute thete- ~ for, or c~therw~se, until all such indebtedness shall have been fully paid. ~ 7. In the e~•ent ~he mortRaRo?s sell, com~ey or t?ansjer the mortgaged premises du?ing the tiJe oj this mo?t- k Raqe, then thrs mortgnRe shall, ar the option oj the ~1lortgagee herein, 6ecorr.e imrrtediately due and paya6/e Jor the a full sum of the princ~pal balance and interest then due. ~ 8. The terms "!1lortgagor" and "4lortgagee" whenever used in this instrument shall include the heirs, perconaf representatives, successors and assigns of the respecti~e patties hereto. Wherevet used the singular ~ number shall include the plural and the plural the singular, and the use of any gender shall include all genders. ~ Si ned, sea and I~ered n the presence ~~~~"`=~'~r 1~-~ ~%'f~r'`~ (Seal) ~ (Seal) ~ ~ c,t-c J ' .c-~-,~~- ~ STATE OF FLORIDA I J ti5 „ COU~iTY OF ~ ST . LUC~ ~ Before me personally appearcd LILLIAN OWENS, an unmarried woman, 'r; to me well know~n and known to me to be the individuals described in and who executed the foregoing instrument, ~ 3 and acknowledged befote me that they ezecuted the same fot the putposes thetein exptessed. WITNESS my hand and off~cial seal in the County and State fast aforesaid thislHCh Day of Oetobe 1973 N4 ~ w'`~"T'. ~~I• 11>• Comm~ssion Exp~res: Jurie 30~ 2.975 (Vatary Public, State of ~ d • ~ . ~r - _ - ~ ` , . = ~ 2655~~ ~~~o A~+~.;~~~~_.'. _ - = s~ Rp1~ . ~ - ' ; . - ,7 %J:. - • nX ~ g :ll~~ ,'.1' " ~ ~~Er~.~:F'~:~rD " _ ~ j RE` R '13 0 ~ ~ ~ ~ ~,o~h , K 19 Ya~~287? ~ ~ - ~ p~~ ~ e~~ ~ s~: ~i ~ ~ . ~ _ ~ - . _ _ _ , ..x-~~