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Home My WebLink About1343 -~ile 5-28,490 ---'-a-c:: -c:-r:i - Ihi. mu:t~t~~.• .N aitici ii~f..ic~ :~i i~iiC :'!'-'-^-^-~~s +CCUted hfrt~~. ~11 n hl. Utle • w r 7 .x:...~,..~.:::::z::: - ~nd :n~erc.t ~,i the \1~a~Ra~w ~n and to an> ~ncuunre pol~c~es then ~n (.x:e shall paas ta ~Ae purcAaser or Rramee. fh~ To prri,.rm. ~..mply +ith and ab~de b) e~iA and every tht sUpulauuns. •~rremenls. condu~on. ~nd covenamc ~n wid prom~.~ut> n,~to .~nJ ~n rF:~. derd .e~ forth. . 1~ ~ Th~t ~t .~m ni ,~~d sum. ui m,~nr> A~re~n ~c(rrrcd t.. be no~ prwnptly and tull~ paid •a~~h~n t~f~cen dec. ne~t atie~ ~h~ .~me .carr~liy ~ecumes Ju~ and pa)'ahle.ur ~f ca.A and every the .upulat~ons, ~Rrcements, i~~ndU~nn. and co~enanic o~ .a~d prom~.- ..~n nnte a~d th:. dred, or e~thcr, are nut fully performed, compl~ed w~th rnd ae~ded ny, th~ +a~d a~t~rc~a~e sum menuunrd in ~+~d pr.,mi.xo~~ n~,ce .Aali ~ecome dur and pr~ahlc tonhruh .v thereaiter ai ~he opuon ot the \turt~ta~ee ~s (ull)' rnd :omplttelS as ~i thr .~td ~KK'e~.~tr .um nt sa~d M~xa~..nr~ note ~as onK~nally st~pul~ted lu be paid on .uch dyY. anythms ~n sa~d ptom~++or> nou ot here~r. t,. tF~o :om~en no~~~tAsUnQ~nR- ~ T!„c ~n •~~de~ iu ~::elero[e ~Ar m~wru> .~t the ~ndcbtedness hereb~• ~ecured, brcause u( the fa~lure o( the Mu~tga~o~ paY an> te~. ,~..r~.mrnt, I~eb~l~t), ~.bl~gat~on ~~r rn.umbr~nre upon sa~d property, as hrr~~n prov~ded, ~t shall not be neces~ary cx requ~si~e tAat the r,r.rK.~gee .hall (u.t pay the same. Thr \1~ttgagee may, at h~s opuon, and without w~aiv~ng h~s nght to acceletate the indeb!?~~~ss herebY >«ured anJ to forecl.~se the .ame, pay either before or aftet delinquency any at all of those cettain obligatians • rzquu~d hy the terms hereof to be paid by the \lortgagor fo~ the pcotection of the rn~ttgage securit}~ or for the col- lect:on ~~t thr indebtedness hereby secured. All sums so advanced or pa~d by the Slortgagee shall be c~ a~~:.~ :r::o the mrrtgage ac~ount and become an ~ntegral part thereof, subject in all respects to the terms, conditianc. and r~+~•enants ot the aforesaid pmmissor~ note, and this mortgage, as fully and to the same extent as though a part ~~I the or~ginal ~ndebtedness evidenced by sa~d note and secuted by this mortgage, exeepting howevet, that said ~um. .hall b~ repaid the \lortgagee fotthwith upon its demand and be in addition to the regular monthly install- ~nents pcov?ded by the mortgage note. z. That the abstract or abstracts of title covering the mortgaged property shatl at aU times, during the life .~f thi. mottgage, rrma~n in possession of the !1lortgaget and in event of the foreclosure o[ this mortgage or other tran.frr ol' ti~l~ t~~ the mortgaged property in extinguishment of tiie indebtedness secured hereby, all right, title and mterrst o( thc ~tortgagor in and to an~• such abstracts of title shail pass to the purchaser or grantet. 3. To the extent of the indebtedness of the Mortgagot to the hlottgagee described herein or secuted hereby, the \tortgagee is hereby 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 fand destribed herein which is paid and~or satisfied. in whole or in part, out oi the proceeds of the loan described hetein or secured hereby, and the respective liens of said mortgages. liens or other mcumbrances, shall be and the same and each of them hereby is preserved and shall pass t.• and he held by the ~tortgagee herein as security ior the indebtedness to the ti~ortgagee herein described or hereb~• ~ecured, to the samz 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, transferred. set over. and delivered unto the ~1ort- gagee b~ 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 be satisfied and cancelled of record by the holders thereof at or about the time of tht recording of this mortgage. - S. In the e~ent the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the \1~~rtgagor, the \lortgagec may, w~ithout notice lo the 1~lortgagor, deal with such successor or suc- cessors ~n intecest with reCerence to this deed and the debt hereby securtd. in the same manner as with the ~1ort- gagot N~thout ~n am~ way vit~ating ar discharging the ;~lortgagor's liability heteunder or upon th~ debt hereby secured_ tin sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee. and no ex- tension of the cime for the payment of the debt hereby secured given by the Mortgagee shall operate to release, i d~scharge, modifp, change or affect the original liability o[ the ~lortgagor herein either in whole or in part. j 6. The lien o( this deed secures and sha11 cont~nue to secure payment of said indebtedness or indebted- ~ ness, however ev~denced, whethet by said promissoty note or any renewal or extonsion thereof or substitute there- ! for. or atherNise_ unul all such indebtedness shall have been fully paid. ? 7. !r, thc e~•en~ the mor~RaRors sell, com~ey o? r?ansfer the mo~~qaged p?emises during the lije oj this mort- ~ kaRe• chen chis mo?tgage shatl, at the option oJ the 1fo~tgagee herein, becon:e immediately due and pnyable Jor the ~ full sum o( ~he principa! balance nnd interes~ titen due. R. The tenns "1lortgagor" and "~tortgagee" w~henever used in this instrument shall include th~ heirs, ~ petsonal representatives, successors and assigns o[ the respective parties hereto. Wherever used the singular number shall include the plural and the plural the singular, and the use of any gender shall include all genders. ~ ~ ~ ~ ~ G' ~,O/~-' ~i~c.~L~ (Seap ~ S~gne , sealed a e~•ere the ence of: ~ ,~~.i-c~-Q/ ~ (Seal) ~ \~.~y~ ; ~ L~.C stl~ lifi, $~c 1 ~ TI - ~ STATE OF FLORIDA I - ~s ~ couhTY oF~ S ROSS JUNIOR RUTHE and GENEVA RUTHE, his wife, ~ S~ef'ore mC peErsonally appeared formerly known as GENEVA JAMES THOMAS to me w•ell known and known to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand and official seal in the County and State last aforesaid this 25th Day of Oetober, 1973 ~ ,L., - - . . . ~3 / ~ty~ Comm~ssion Exp~res: JuIIe 3~, 1975 Notaty Publ~c, tate of r~ da a= Y _ _ ~ ~ . ; RpE~ _ - . ,r• ~ _ FIIfD AM~'.'E~TY Ft~• - - L~ ==a ST-~~'••'E_•~~•~tTa~S ~ _ , RG(, : ! ~ ~ JU~T ~ ~ j = . . ` C~E~`•" ~ • • • : ~ . rc ^ , ~ ~ ~ 06 S ~ ~ 2 Bo~220 P~~E134Q ~T, zb,~s,~~ _ . .;t, - ~ _ - ~ _ _