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Home My WebLink About0672 File 5-28,884 thu mur~~age ur ~nhrr tnn.fe~ uf utlr tu thr monrrgcd praprr~> m cuinru~~hrt;rni ut iht ~nJrbtednr+, .c.urcJ herohy, ,~U n~M, utic and ~nteiest the Vor~~a~or m anJ ~o any ~n~u~~nce pulic~es then ~n (orcc shall p.i.s ~o ~he pu~iha~cr u~ Kran~ee. (h) To pe~firm, c~xnply ~ith and ab~de bq each and every the sUpulaU.~ns, aercements, conJU~on. rnd cu~enan~c ro said piom~.sory note rnd m th~r Jead set turth. G) TAat d any of ss~d sums ol mone> here~n re(rrrrd tu be oot prwnpUY •nd (ully prid a ithi~ f~ftren dry. nc~t a~te~ the samt seve~ally Decomes due and payahlr,ur e~ch and e~cry tAe ~t~pulauons, apcrrmrnts, .~md~~~ons •nd co~rnants o( .a~J prumis- sory note and th~s deed, ot euhtr, arc not (ully perfarmed, compl~ed w'uh ~nd ah~drd A~•, the .aid aKe«B+~e sum mcnuonrd :n sa~d pum~sso~y nott shall become dut and payable iorthwith .x thercalter at thr optn.n of the \1u~~gakre ac fully rnd complelrly as ~f the said a«regate sum ot ca~d pnxn~~~or~• note Mas nt~g~nally sl~pula~ed to be paid un .uch d~y, an)th~nR in sa~J p~omis~utq nou ot here~~ to tAe c.u~tury not~ithsUnd~na. (j / Th:~t ~n order to accNerate the matunty uf tht indebtrJnexs hereby secu~ed, hecau~~ u~ the fa~lu~e uf thr \loetgngur ,~ay ~n~' ta~, asse~sment, hab~hq, obl~`aUon n! ~nwmbrence upon ,a~d property, as hrrr~n pruv~ded, ~t shall not be or:ec*ary ~x reqwsue that t~e _ mortsagee sAall (ust the same. 2. The ~lortgagee may, at his option, and without N~a~~~~ng his r~ght to accelerate the indebteJness hereby secured and to Coreclose the xame, pay either befote or after detinquency any or all of those cettain obligations required by thr terms hereof to be paid by the ~lortgagor for the protection of the mortgage security or for the col- lection of the indebtedness hereby secured. Ali sums s~~ advanced or pai~3 b}~ the \lartgagee shall be charged into the mortgage account an~i become an integral part thereof, subject in all respects 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 note and secured by this mortgage, excepting however, that said sums shall be repaid the \lortgagee forthwith upon ~ts demand and be in addition to the regular monthly install- ments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged property shall at all times, during the life 3 of this mortgage, remain in possession of the \lortgagee and in event of the foreclosure of this mortgage or other ~ transfar of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title ~ artd interest of the Nortgagor i~ and to any such abstracts of title shall pass to the purchaser or grantee. E 4. To ihe etteot o[ the indebtedness of the ~iortgagor to the !1lortgagee described herein or secured hereby, ~ the ~tortgagee is hereby subrogated to the lien or liens and to the rights of the ow~ners and kolders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and'or satisfied, in whole ot in part, out of the proceeds of the loan described herein or secuced hereby, and the respective liens of ~ said mottgages, liens or other incumbtances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the ~tortgagee herein as security for the indebtedness to the \lortgagee herein describod or hereby secured, to the same extent that it would have been pteserved and would have been passed to and been held by the ~tortgagee had it been duly and regularly assigned, transferred, set over, and delivered unto the !~1ort- gagee by 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 the recording of this mortgage. ~ 5. In the event th~ ownership of the mortgaged premises, or any part thereof, becomes vested in a person ~ other than the \kirtgagor, the ~lortgagee may, without notice to the \tortgagor, deal with such successor or suc- cessors in interest Nith reference to this deed and the debt hereby secured. in the same manner as with the ~1ort- gagor w~thout in an~• w•ay vitiating or discharging the ~lortgagor's liability hereunder or upon the debt herebj~ secured. No sale of the premises hereby mortgaged and no forbearance on the part of the !~lortgagee, and no ex- tension of the time for the papment of the debt hereby secured given by the ~lortgagee shall operate to release, ! discharge. modi[y, change or affect the original liability of the 1~lortgagor herein either in whole or in part. z i 6. The lien o~ this deed secures and shall continue to secure payment oC said indebtedness or indebted- ~ ~ ness, however evidenced, whether b}~ said ptomissory note or any renewal or extension thereof or substitute thete- ¢ for, or otherµise, until all such indebtedness shall have been full}• paid. ! 7. In the e~•ent the mortgagors sel1, convey or transJer the mortRaged premises during the (iJe oj this mort- = gage, then this mo~tgage shall, at the option oj t6e ,lforlgagee herein, become immediately due and payable jor the f fu1l sum oj the pnncipal balance and interest then due. ~ 8. The tenns "Mortgagoc" and "~lortgagee" w~henever used in this instrument shall include the heirs. ~ personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ number shall include the plural and the plural thr singular, and the use of any gender shall include all genders. 4 ~ ~ Si ed, seal an del~ e in the presence of: ~ (Seall ri ~ i ? (Seal) ~ 1'~'~1~~'~' ~ f!c G./ / 9/. _ .L y~c " ~ ~ ~ ~ STATE OF FLORIDA I ~ " COUNTY OF ~ j ss ~ S~. LUCIE ~ F Be ore me personally appeared DQj11 ~jQQ~~~~.~~ri~I~I~~~E~A~~~N~ t113 wife, formerly to me well known and known to me to be the indiv~dua s escn ed in and w o execute the foreg~ing 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 j3th D8y of December, 1973 , r~~~~ . ~y '.Ci• _ - . ~1y Commission FXp~res: June 30 ~ 1975 ;~atary PubGc. State of rla ` • ~ ~ - • ~ • ~ • 3 pa~ED l~ =Y ; r~ - ILE~~~E9 OUNSY Fl~ _ • ; / • ~t.1. F .~ET411?5 ~ . . . . . aoz~ ~~~~t co~at ~ - , . f t , • . ~ ~n~R 1F- ~ T~f~+?~' PE~ ~ ~ ~~3 ~=y O~c 11 ~0 3 2'71342 ° p 222 tacE 6 72 - BOOK ~s~ - = _ ' _