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Home My WebLink About0494 Fi1e 5-28,595 ~A~. mur~g~pr .,~hri n~n.l:~ u~ u~lr tu ~hc murt{taKrd {xu{+er~~ ~n eu~ngw,hment ~hr ~ndeAtc~nr~. ~e.urcd Actt~>. ~il :~RAt, Utic and ~n~r~c~~ u~ ~hr V~•~~KaYw ~n rnJ ~o rn~ ~nsu~ance pulic~e~ thrn m(urcc ~h~ll p~>s to ~Ar purchr~c~ Qf.111iff. Ihl To ptei~am. .~wnPh' r~lh •nd ~MJe A> each ~nJ rvcry the ~t~pul~ltons, a~~eemenh, tund~t~un. ~nd co~en~m. ~n .r~d pr~~mnwry nolt ~nd m ih~. dord .rtturtA. 1~ 1 That any ot .a~d ~um. ot monr) hc~em rctcurd tu hc nW prwnptly and tully py~d yuAin hf~cen d~Y? nc~~ alter ~he vmt sevrr~lly bc.ome. due and paYahle..x each and eve~y tAe ~t~pulauons. ~~rcemrnt., .uno~u~.n. •nd .o~enan~c of .a~d p~wn~+- sav no~e and th~s dccil. ur e~ther. art not (u11Y p~'r(otmed. cumphed r~tA an~ ab~ded b?', ~hr .rid ~ggrcgoir cum menuonrd ~n sa~d pr.xm~sot> note shali bec~xn~ duc rnd p~~ahle for~hM~tA .a thereaiter at the oph~,n of the Vor~~tagre as (ully and comple~ely ac ~hc .a~J as~re~~tr sum of .a~d pr.~m~..,u~ note ~as un~,~nall)' .upula~ed ~u be paid m sucA day. anyth~nR ~n .aeJ pr~xn~.sury notc „r here~n tu ihe :ontiar~ n~.~~uA.tandmR. ~ 1 Th~~ ~n .Kde~ ~u a.~elera~c iAc matun~) o( the ,ndcDtednesti herel+y ~e~utcd, htcau+e uf thr tailu~r o( ~he ~1o~tgrg~~~ tu pay any ~a~, rc.e.sment, luh~l~t). obl~gat~un ~•r rn:umbrance upon ~a~d p~opc~ty, as herc~n pro~~ded, u~hatl not be nc.e~.ary ~x re~u~sue tAat thc m~aeRagte shall fu.~ pa> the .ame. _ . 2. The \lortgagee ma~•, at h~s ~~pt~an, and without N'a~ring h~s right to arcelerate the indebtedness hereby~ +c~ureJ ~nd t~~ (oreclose the ~ame, px>~ either before ~r after delinqurncy any or all of those cetta~n obligat~on, reywred by thr terms hereof to he pa~J by the \lortgagor for the protection of the mortgage secunty or far the col- tection ~~f tht ~ndebtednesc hcreby srcut~d. Al~ sums so advanced or paid by the ~lortgagee shall be charged into the m~~ttgage acc~~un~ and t?ecome an ~ntegtal part thereof, subject in all tespects to the terms, condttions, and cuvenants ~f the afuresaid prom~ssory n~~te, and this mortgage, as fully and to the same extent as though a part of the arig~nal ~nJebtedness ev~denced by saiJ note and secured by this mortgage, excepting hov?~ever, that said sums shall be repa~d the \tortgagee fatthwith upon its demand a~d be ~n addition to the regular monthly ins1a11- ments provided by the mortgage not~. - 3. That the abstcact or abstcacts of title covering the murtgaged property shall at all times, dunng the I~fe u( this rrx?rtgage, remain ~n pus.ess~on of the ~lortgagee and in event of the foreclosurr of this mortgage or ~~ther transfrr of utlr tu the mortgaged property in extinguishment of the indebtedness secured hereby, all right, t~tle and mterest o( the ~t.~rtgagor ~n and ta any such abstracts of title shall pass to the putchaser or grantee. ~3. To the exten! of the ~ndebtedness of the ~lortgagor t~~ the Vortgagee described herein or secured hereb}•, the ~tortgagre ~s herebc subrogated to tht lien or liens and to the rights of the owners and holders theteof of each and every mortgagr, lien ur other incumbrance on the land descnbed herein wh~ch ~s paid and'or satisfied. ~n whule or in part. out of the proceeds of the loan described herein ot secured hereby, and the tespective liens of ~aid mortgages. I~ens or other incumbrances, shall be and the same and each of them hereby is preserved and shall pas~ to and be hrld b~• the ~lortgagee herein as security Cor the indebtedness to the !Nortgagee herein described or hereb~ secured, t~~ the same extent that it Would have been pteserved and would have been passed to and been held by the ~lurtgagee had ~t been dul~~ and regularly assigned, transferred, set over, a~d delivered unto the !Nort- gagee b~ separate deeJ of ass~gnment, notµ•ithstand~ng the fact that the same may be satisfied and cancelled of record, it being the ~ntent~on u1' the parties hereto that the same will be satisfied and cancelled of record by the holders thereuf at ~~r about the nrne of the recording of this mortgage. 5. In the event the ownership of the mortgaged preFnises, or any part thereof, becomes vested in a person other than the ~1~~rtgagor, the \tortgagee may, w•ithout notice to the ~1ortgagor, deal with such successor or suc- cessors in ~nterest Kith reference to this deed and the debt hereby secured, ~n the same manner as with tMe'~1art- gagor K~thout in an~ way v~t~ating or discharging the ~tortgagot's l~abil+ty hereunder or upon the debt hereb~• secured. No sale ~~f thz premises hereby mortgaged and no forbearance on the part of the'.1lortgagee, and no ex- 'i tension of the ume for the payment of the debi hereby secured given by the 1~lortgagee shall operate to telease, i discharge, modtfp, change or affect the or~ginat liability of the ~lortgagor herein either in whole or in part. 6. The Iren of th~s deed secures and shall continue to secure payment of said indebtedness or ~ndebted- ' ness, however ev~denced, whether by said promissory note or any renewal or extension thereof or substitute there- f for, or othecwise, until all such indebtedness shall have been fully paid. ~ 7. In the e~•ent the mor~RaQors se1l, com~ey o? ??ansje? the mortRaged prerr~ises du?ing the lije oj rhis mo?t- s qa~e. rhen this mortRvRe shall. at the op~iort of the SlortRugre herein, 6ecome immediately due and payable Jor rhe ~ (u!J sum oJ the p?~ncipa( lxilance and interest thPn duP. ~ ~ 8. The terms "~lortgagor" and "~lortgagee" whenever used in this instrument shall include the heirs, ~ personal representatives, successors and assigns of the respectioe parties hereto. V4herever used the singular ~ numbrr shall include the plural and the plural the s~ngular. and the use of any gender shall include all genders. ~ - ~ ~ ' ~ ,l ~ gned, seale d d e d in e presence of: - t---~ fSeal) ~ (Seall S ~ ~ f ~ ~ . ~ ~ t'rlilC~ ii v -f C' ~ • STATF OF FLQRIDA I ' ~ ~ ,s COUNTY OFp~ ~ ST. LUCIE • OPHEL S. MATHEWS, an unmarried woman, also known BeCore me personally appeared gS OPHEL S. MATTHEWS ~ ~ to me well known and knovrn to me to be the ind~viduals described in and who executed the foregomg instrument, _ and acknowledged before me that they executed the same for the purposes there~n expressed. WITNESS my hand _ and off~c~al seal ~n the Count} and State last afotesaid th~s 8th Day of November, 1973 '=i ~ ~ . ~ s.~r,~ ^Ys . f? ~i ~ " ~1y Comm~ssion Exp~res: Juile 3O, 1975 Notary PubGc, Sta e of Florida s'1t - ANJ ~tECOF0E0 _r~ _ ' , ~ - fIlEO . • ST.lUC1E ?p T~ u~ - - . • ~ 0 , . CLERYE°~~ E4~ . z~, AF~oRO ~~3 . = t~or Zt 3 s6 e~ ' o k G ~ 269Q26 $oa~ ~2~. par~ ~g~ ~ _ : _