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Home My WebLink About0675 , File 5-28,888 ~h~. mor~gr~.• ~N uihcr ~nns~t~ ol ~~Ur tu ~ht mur~Ka~ed ptoperty m e~untuuhme~t .d tht ~ndeAiedness secu~rd Aeteh~, all r~rht, ntle an.1 ~n~e~r.~ .,i ~Ae ~1or~Ra~o~ m and to anv msu~an.e pol~c~es ~hen ~n (ur~e shall pa~s io ~he purcAaser or ~~an~ee. (h? To pcrl~Nm. ..~ply ~r~th and aAide. A) e~cA and every the aupulat~uns, a~rcements, cond~t~on> and co~en~nt~ ~n srid prumi~~ory nate anJ ~n ~A~. dred .e~ lortA, 1~ 1 Tha~ ~f any a~ ~a~d sym. ul mone) here~n rrt.nrd to be not prompfb' aqd (ully Pa~d ~uA~n f~(tcen drY~ ne~t a~te~ ~hr c~me .c~erally ~ecomes due and paYable.~w e~.A and evety IAe supulahon~, aR~eementc, c~,nd~~~ons aed co~enantc ot sa~d ptum~.• .~x~ note and ~A:a dred. or e~the~. are not (ullY D~'rtocmed. cwnphed ~itA and ab~ded ny, ~ht .a~d a6~repte sum menuoned m s~~d ~+r~~eni.cor> nate shall Decane due and pa>able fnlh~uA ix thtrcaftcr at tAe opuon of the \tortRa~et as tully and con+plr~elY as the .aid aK~reRat~ .um ol sa~d ~uom~~~ix~ n~te ~ss onRmally supulated to bt pa~d on cucA Oay, anythm~ ~n sa~d prom~csory no[e or herein i., ~I~e .,.n~~~r~ not••i~hstandmR. ~i 1 Tha~ m~•rde~ ia~ arcelente ~he mawr~~y o( the mdebtedness herc~) secuted, because of tht (a~lute o( the \1ort~a~w pay any ~aa, .~c,e..mrnt, l~ah~lit~, obli~tsu~n ~v encumb~ancc u{+.x~ sa~d prope~tY. as Aetem prov~ded, shall no~ be ne~es.a~y ~ rtQu~sur tAat tAe mocr~a~ee shall hr.~ {+ay the same. Thc ~lortgagee may, at his option, and without waiving his ~ight fo accelerate the indebtedness hereby .~rured aod t~~ forecluse the same, pay either before or after delinquency any or all of those certain obligatio~s j requ?red hy tht term~ hrteaf ta be paid by the \tortgagor for the protoction of the mc+rtgage security or for the col- " te~ti~~n ~~f the i~debtednecs herzby secured. Ail sums so advanced or paid by the Mortgagee shall be charged into thr m~~rtgage account and become an ~ntegral part thereof. subject in all respects to the terms, conditiont, and c~~venants of the aforesaid promissory note, and this mortgege. as fully a~d to tl~e same extent as though a part ; ~~f tht original indebtedness evidenced by said note and secured by this mortgage, excepting howevet, that said ' cum~ .hall be repa~d the \lortgagee forthwith upon its demand a~d be in addition ~o t6e regular monthly install- ment+ provided by the mottgage note. 3. That the abstract or abstracts of title covering the mortgaged ptoperty shall at all times. during the li[e ~~f th~. mortgage, rema~n in passes~ion of the ~tortgagee and in event of the foreclosure of this mortgage or other tran.fer of title to the mortgaged property in extinguishment of the indebtedness secured hereby. all tiaht, title and ~nterest of the ~tortgagor in and to any such abstracts of tille shall pass to the purchaset oc grantee. -1. To the extent of the ~ndebtedness of the 14Mrtgagor to the !~lortgagee described hetein ar secured hereby, ; the ~tortgagee is hereb~• subrogated to the lien or liens and to the rights of the owners and holders thereof of each and ever~• mortgage_ lien or other incumbrance on the land described herein which is paid and'or satisfied, in whole ~x in part, out ot the proceeds ot the loan described herein or secured hereby. and the respective liens of said mor~gages. liens or other incumbrances, shall be and the same and each ot them hereby is preserved and shall pass to and he held b~ the \tortgagee herein as security for the indebtedness to the Mortgagee herein described or hereb~~ secured, to the same extent that it would have been preserved and would have•been passed to and been held b~ the ~1~~rtgagee had it been duly and regularly assigned. transfened, set over. and delivered unto the lllort- gagee b~ separate deed of assignment, notwithstanding the fact that the same may be satis[ied and cancelled ot ~ rrcocd, it be~ng the intention af the parties hereto that the same will be satisfied and cancelled of record by the h~~lders thtreof at or about the time o[ the recording of this mortgage. 5. ln the event the ownetship of the mortgased ptemises, or any patt thereof, becomes vested in a person other than the ~k~rtgagor, the \tottgagee may, Kithout notice to the Mortgagot, deal with such successor or suc- ce~sors in ~ntzrest Nith reference to this deed and the debt hereby secured, in the same manner as with the ~1ort- gagor ..ithout in am~ Kay v~tiating or dischatging the ~lortgagor's liabilily hereunder or upon the debt hereby secured. ~lo sale of the premises hereby mortgaged and no forbearance on the patt of the Morigagee. and no ex- - tensiun of the ume for the parment of the debt hereby secured given by the Mortgagee shall operate to release, discharge, madify, change or affect the original liability of the !1lortgagot herein either in whole or in part. 6. The lien of this deed secutes and shall continue to secute payment of said indabtedness or indebted- ness, however evidenced, w•hether by said promissory note or any renewal or exiension thereo[ or substitute there- r for. ur otherw~~e, until all such indebtedness shall have been fully paid. - 7. !n tlie e~•cnt the mor~RaRors sell, coreve~~ or transjer the mortgaged premises during the life oj this mo?t- ` "j;a,qe, then ~his mortgaRe shall, a~ the option of the Slortqagee herein. 6ecorr.e immediately due and paya6le Jor the ; full sum of the p?~ncipal bulance and inte?est then due. _ i E 8. The tertns "',Nortgagor" and "~lortgagee" w•henever used in this insttument shall include the heirs, E per~onal representatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ number shalt ~nclude the plural and the plural the singular, and the use of any gender shall include all genders. ~ Signe , sealcd an eli~~e in e esence of: ~L ` `J`` Seal) ~ k ~ ~ (Seap ~ ~ / ~ L Lc-f/ • ~ ~Lt~ ~ STATE OF FLORIDA I ~ COl1NTY OF 'QLl~C ~s a ~ ST . LUCIE ~ Before me personally appeared ELLEN JOHNSON, an unmarried woman, to me well know~n and known to me to be the individuals described in and who executed the fotegoing 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 15th day of Deeember, 1973 _ wi ' ~ ,,t.11111{1t1//j~~`' l i~' ~ I i~ ~ sj , ~s \1y Commission Expires: JUIIe 3O, 1975 Notary Public, State of Florid~ 8~ : • ROE~ " ` ~ _ _ ~ : ~ ft~EO ?'•'~v Kc~~Y Fl~• • ` , ; ~ - ST.lUC1ER~~~~,A?S l i ' - ~ ~ ~~4 , r•. : ~ C~EF r ~;;c ~;s c~yat . - - Rf C~' ~ yF' . 1. ~ ~ ~~,,,;~......e. ~4 s: p~c Z~ n a 222 ~~E 675 A 2`713~3 eoo~ ~'+~•3, ~ ; „ . , _ ' r~ _ `0.:, . ' _ . ' 9. . _ _ w. e . _ . ~ . . . . _ . . =~-'v~~