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Home My WebLink About1171 File ~-28,695 th~s mi~ttRaEr .r othr~ ua~.(c~ uf ~Nin w ~he mort~aicd popert~ ~n eu~nYw•hment w tAe ~ndeh~eJne~a ~ecu~ed ~cteby, all n~M, tule rnJ interrs~ o( Me \lu~i~a~w ~n and to any inswan~e pul~ciec ~hcn m(ixce ahall paay to ~he pu~.haser or paa~ee, (hl To pert.rm, ..rnply ~ruh and aA~de ~y each snd every the s~~pulations, a~reements, cond~hons rnd covenaotc ~n ~aid prumi.so~y note and ~n ~h~. deed .r~ (orth. (~1 Tha~ ~f anY o( na~d sum. ul nwney he~c~n rr(ertrd W be nut prumptlY and (ull~ pa~d yNh~n (~fteen Jays ne~t alte~ the same severally beaomes Jue and payaA~t,ur d euA ~nd eve~y the sUpul~UcMS, a~teemenl+, cnrt.l~ho~s and co~enan~s o( sa~d ptan~s. saY note and th~s deed. ur e~~he~, ue not (u11Y P~rta~d. c~wnplied ~•~~A and ab~ded by. thc .a~d a~~~e`a~c sum men~+aned ~n sa~d pwn~saay nutt shall becMae due atW pa~~bte fo~~hwuA cw thcreattet st tAt opt~cM ot tAe \1ort~a~ce as lully end comple~ely as ~f ~he ca~d a~pe~rte swn ot s~~d pr~xmsswy note rrss on~~nallY supul~ted ta be paid m such dry, anytAin~ ~n ss~d prom~ssory note w herem to the conua~y notr•~thsund~nR. 1 That in cuder ~o rcceterate ~he mawr~ty of the mdebtedneas Aerehy stcured, hecaust u( ~he (a~ture of ~he Siu~t~a~ur ~o pay any ua, asse.sment, IuA~lu~•, c~bt~~atux~ or rnaumArance upnn said prnpe~~y, as here~n prov~ded. shall no~ be ntces.ary ~x r~qwsue that the m~ut~a~te shaU hr~t pay the ~ame, The \iortgagre may, at his option, and without w•a~ving his right to acceletate the indebtadness he~eby secuted and to foreclose the ,ame, pay either before or after delinquency any or ail of those cettain obtigations y required by the terms hereof to be paid by the ~lartgagor for the protection of the rn~rtgage security or for the col- lection of the indebtedness herebp secured. All ~ums so advanced or paid by the `tottgage~ shall be chatged into ~he mortgage account and become an integral part thereof, subject in all tespects to the terms, conditions, and cuvrnaniS ~f the ai:~:csai~ ~tc~::::ssary aose, and this mo~tgage, as fuliy and to the same extent as though a part of the original indebtedness evidenced by said note and secuted by this mottgage, excepting however, that said sums sh3!! be te~+aid !h~ A!c?rtgagee forthwith uQon its demand and be in addition to the regular monthly install- ments provided bp the mortgage note. 3. That the abstract or abstracts of titlr covering the mortgaged propetty shall at all times, during the life uf this rrk~rtgage, remain in ~+c~ssession of the \lottgagee and in event of the foreclosure of this mortgage or other tran,fer of t~tie to the mortgaged property in extinguishment of the ind~btedness secuted hereby. aU right, ti~le and intere~t the ~lurtgagor ~n and to any such abstracts of title shall pass to the purchaser or gra~tee. ~3. To the extent af the indebtedness of the Nortgagor to the !~lortgagee described herein or secured hereb~•, th~ ~torcgagrr ~s hercb>~ subrogated to the lien or lions artd to the rights of the owners and holders theraof of each and rven• m~~rigage. lien or other incumbrance on the land described herein which is paid and.'or satis[ied. in K'FIOIC or in paci. .~ut of the proceeds of the foan described herein or secured hereby, and the respective liens of sa~d mortgagcs, liens c.r other ~ncumbrances, shall bt and the same and each of them heteby is preserved and shall pas. t~~ and he held by the ~t~~rtgagee herein as security [or the indebtedness to the ~tortgagee herein desccibad ur hereb~ .ecurrd. t~~ the same extent that it would have been preserved and woutd have beea passed to a~d been held b~ ~hz 1t~~rtgagr.• had it been duly and regularly assigned, transferted, set over. and deliveted unto the Mort- gagee-b~~ separate dr~J ~~f a.tiignment, notwithstanding the fact that the same may be satisfied and cancelled of ~~n w~.. ~y ii~.-.iu, ii ' ,,,,_::;;.,e .,f eh~ ti••~,,• that ~hP camt will he satisfied and cancelied of record by the holders there~~f at ~~r abaut the ume of the recording of this mortgage. 5. In the e~ent the ~~~nersh~p of th~ mortgaged premises, or any part thereof, becomes vested in a person other than the ~k~rtgagor, the ~lortgagee may, w•ithout notice to the ~lortgagor, dea! with sucFi successor or suc- cessors ~n ~ntetest With reference to this deed and the debt hereby secured. ~n the same manner as with the ~1ort- gagor without in an~ way viuating or discharging the !1lortgagoc's liability hereunder or upon the debt hereb}~ secuted. No sale ~~f the premises hereby mortgaged and no [orbearance on the patt of the Mottgagee, and no ea- tension of the time for the paymcnt of the dcbt hereby secured given by the '~lortgagee shall operate to release, discharge, modify, change ar a[fect the original (iability of the 3fortgagor herein either in whole or in part. 6. The I~en ot this deed secures and shall continue to secure payment of said indebtedness or indebted- ness, however evidenced, whether by said ptomissory note or any tenewal or extension thereo~ or substitute th~re- [ot, or otherw•~se, until all such indebtedness shall have been fully paid. 7. 1?+ the e~•ent the mortgaRo?s sell, convey or transJer the mortgaged premises during the li je oJ this mort- qaRe. then ~his mortgage s6all. at ~he option oj the lforlgagee herein, become immediately due urcd paya6le Jor the full sum of the prrncipal balance Qnd rr~terest then due. 8. The terms "Mortgagor" and "Mortgagee" whenever used in thic insttument shali include the heirs, ~ personal representatives, successors and assigns of the respective parties 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. ; % - Si ne s l~ ~ g , ealed a e re ~n th resence of: ~ lSeaU ~ / " . r - '~-G ~rlL`'~ (Seal) ` ~ ~1) ~ ~ , ' t~ ,~1~ . ~ STATE OF FLORIDA I` COUNTY OFN~7 ~ ~5 ST. LUCIE Before me personally~ appeared L. PAUL GIRARD and LOUISE GIRARD~ h'1S wife, ' to me well known and know~ to me to be the individuals described in and who executed the foregoing instrument. ~ a~d acknowledged befort me that they cxtcuted the same for the purposes therem expressed. WITNESS my hand ~ and off~cial seal in the Countt and State last aforesaid this 24th Day of November 73 . ; _ . . ; ~ ~ty Cixnmission Expires: Jllne 3O ~ 1975 (Votary Puhlic, State of Florida $t :L. ~ r- F~~EO ~Ka RE~oaot~ _ _ ' : St• RO E G~ Tr fl . ~ . , G R ppITRAS ~ • ~ CIERK CIRCUII C013aT , - PECORO YfY.1Ftf6~-= ~~~J3'! ~ ~Q ~ ~'~3 B00~ ~1.,~ PA~;