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Home My WebLink About1708 File 5-28,524 th~s ma~IRa~te ~r othr~ ~~an~lri ol tulr tu thr mort~a~ed popc~~y m c~Unru~shment ot the ~ede~~edncss ~ecu~ed htre~y, •U n~M, h~le and ~~iere.t of the ~1oi~/asw m and to any ~nsu~ance polic~es ~hen m fo~ce shall p~ss ~o Ihe putchaset or ~ran~ee. (h) Tu pt~~~u m, ..+nply ~r~th and ab~de bf eacl: a~~? rve~y the st~pul~l~ons, s~rte ments, tond~uon~ and covenants ~n sa~d prwn~ssory . note and m ih~. derd .et (orth. 1 Tha~ d any uf .a~d sumc of money here~n re(crtrd ta be not prompUy and fully pa~d ~~~h~n f~fteen days next after the same severally Ae.omes Jue and payasie,w J eacA and evet>• the st~pulat~ons, asreemrnt., cond~t~ons anQ covenants o( sa~d prom~s- ~ay note and tA~> Jeed, or euher, are aot tully performed, complied n~th and ab~ded by, the .a~d •Rg~e~ate sum menuoned ~e s~~d prom~cswy nuu shail bec.~me due•and pay~ble (a~h•~iA cr therea(tet a1 the opt~on vt the Nort`a~ee ss fuNy and comple~Ny as ef tAe .a~d as~re{ate sue~ o( sa~d prom~s.wy note w~as a~ginally st~pulated to be pa~d m such day, anyth~n~ m sa~d promisso~y note ur he~ein to ~he comrary not~uhs~and~np, V 1 That ~o order io accelerate tAe mstunty of ~he ~nde~tedness heteby ~ecwed, hecause o( ~he (a~lure o( the Norl6a~w to pay any ~aa, •scessment, I~ab~I~ty, nbl~tat~on cx rncumbnnce upon sa~d pmperty, as hereie pr~vide~, u sha+! not be neces~ary ix reqws~~e tha~ the monsa~et shal! fu~~ oav the same. ~ 2. The \tortgagee may, at his option, and without w~aiving his right to accelerate the indeb~edness hereby ~ccured and to feseclose the ~ame, ~.a; s6:tie? before o~ after delinquency any or all of those certaio obligations required by the terms herevi t~ b~ paid by the Mortgagor for the proteelion of the mortgage security or for the col- lection of the indebtedness hereby secured. Al! sums so advanced or paid by the !Nortgagee shall be charged into thr mortgage account and become an integral patt thertof, subject in all respeets to the terms, conditions, and covenants oG the aforesaid promissory note, and this mortgage. as fully and to the same~extent as though a part of the original indebtedness evidenced by said not~ and secured by this mortgage. excepting howevet, that said sums shall be repa~d the [~lortgagee forthwith upon its demand aod be in addition to the regular monthly instatl- mtnts provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged pro~urty shall at all times. during the life af this mcirtgage, remain in possession of the Atortgagee and in event of the foreclosure of this mortgage or other transfer of title to the mortgaged property in extinguishme~t of the indebtedness secured hereby, all right, title and interest of the \lortgagor in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the Mottgagor to the Alottgagee described herein or secured hereby, inr iio~tgagee is h~rebv subrogated to the lien or tiens and to the rights of the awners and holders thereof of esch and every mortgage: lien or other incumbrance on the land described herein which is paid and!or satisfied, in - whale or in part, out of the pr~ceeds ot the loan described herein or secuted hereby, and the respective liens of 5 said mortgages, liens or othet incumbrances, shall be and the same and each of them hereby is presetved and shall ~ pass to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described ' or hereby secured, to the same extent that it would have been prescrved and would have been passed to and been held by the '1lortgagee had it been duly and regularly assigned. transferred, set over. and delivered unto the Mort- gagee by separate deed of assignment, ~otwiehstanding the fact that the same may be satisfied and cancelled of record, it being the ~ntention af the parties hereto that the same will be satisfied and cancelled of record ty the holders thereof at or about the time of the recording of this mottgage. 5. In the event the ownership of the mottgaged ptanises, oc any part thereof, becomes vested in a person other than the ~tortgagor, the ~tortgagee may, without notice to the Mortgagor, deal with such successot or suc- cessors in interest with teterence to this deed and the debt hereby secured, in the same manner as with the !11ort- gagot N•ithout in am• way vitiating or discharging the Mortgagor's liability hereunder or upon the debt liereby _ i secured. No sale of the premises hereby mortgaged and no forbeacance on the part of the Mortgagee. and no ex- ; tension o( the time fot the payment o[ the debt hereby secured given by the Mottgaget shall opecate to release, discharge, modify, change or affect the original liability of 1he Mortgagot herein either in whole or in part. 6. Tho lien of this deed secures and shalt continue to secure payment of said indebtedness ot indebted- ness, however evidenc:.d, whethtr 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 the e~•ent rhe mo~tRagors self, convey or tronsjer the mortgaged p~emises during the lije oj this mort- qage, then this mortgage shall, c: :he ~rtion oJ the Alortgagee herein, become intmediately due and paynble Jor the Jult sum oj the prmcipal balance and interest then due. I 8. The terms "Mortgagor" and "4lortgagee" whenever used in this instrument shall include the heirs, ; personal representatives, successors and assigns of the tespective patties hereto. Wherever used the singulat + number shall include the plural and the plural the singular, and the use of any gender shall include all genders. i Si n sealed iv ~ B , e d i the presence of: ~C~~~~-l~7~'1 (Seal) ~ . ~ ~ (Seaq s ~ ` ~.ttL/ .,;/~J. ~2 - . t% STATE OF FLORIDA I k COUNTY OF~~ ; ys ? S BeforeJmlpersonally appearcd EDWIN KEIM and RIITH S. KEIM, his wife, to me well known and known to me to be the individuals described in and who executed ihe faregoing instrument, } and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand > and off~cial seal in the County and State last aforcsaed this 20th Day of Oetober, 197 ~ >>~~114HItf!ll/f . . , ~ /~~~'j . i ~ ~ ',,r~s ~ ~ : = Ny Ccxnmission Ezpires: _ June 30~ 19~75__~_ Notary Public, St of Florid ~ 8 S~ 1!~ pyp ~L"C~)ilDEO ~ " : a•. ! r~f Y . FIIED ~ ~ L t U , r. ; i ~ = s "aoc~~y^U ~as~~ ( ~ , ~ . ` ClE°.(+ :.i~.:.~il COUit . - 7~ =~C%` : c(,/~ ~ *r `•C. 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