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Home My WebLink About0196 File 5-2y,~uo aotice t!?ereot by m~il to tAs Mortg~~ae and t!?e Mortgagee may m~ke p~a?( ot k»s if ttw same is rot made promptly by the Moirtpgo?. In ~veiw o( toro elosurt of this mortgsQe or otAer u~ns(er ot titJs to the morti+Yd P~~P~Y in utin~uis~a~nt d t!a indeW~dneM s~vted Mnbr. di ~hc. title and intReat ot tM Mort~~gor ia ~nd to aay iawrance poticise tha? in [orco sA~ll pui to tM purcluiu or ~?ar?uw Ih17b psrtona. cbmplY with u?d ~bids by e~eh ud avsry tAe scipulatwns. ~ree~n~nt~, cooditions aad oownwu u? said promis+orY note aad ia tAis ~ deed ast Eortl?. lil'll~at if any of a~id sums oi money herein roterred to be aot pwmptlY and tuliy p~id Mithia. fifu,en days n~t after the ume saveraUy ~ be~oes d~ and p~y~bb. or it e~ch aad ev~y tAs stipuLtaae. agreea?a?ts. mcditaas ar?d oovenants ot a~id promis+ory twte aod this deed. or ~ithsr. an not (uqy per(ormed. complied ~rith ~ad ~bided by. tAe said ~ggregate sum mentioned ia said promissory aote aAall bscome due ud payabb torthwrith or ~ tAxeatt~ at tl~e optioa ot the Mortgagee u fully and completdy u it the said aggrog~te ~um of said promis~ory a~ote was o~igindlY et.ipul+ted W bs psid on such day. u?Ytl?in8 in ~id Promis~ory cate or 6erein to the cwu rary notwithsundina. 1117Uat io o~ w~cceknte tAe maturity o! tAe iodebtedness bereby ~e~vred. bec+uee oI che [ulure ot ~he Morsg.gor a pay aay ca:. ~ssesemeat. liabiti- ty. obligation ar eocumbr~aos upon a~id ProP~Y. FI![l111 pf0\7~. it aAall not be oeceas~rY or roqu~site tlut the mortgagee al?all Cust pay t!?s s~me- 1 ~ 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtedness hereby secured 4 and to foreclose the same, pay either before or after deGnquency any or all ofthose certain obligatione required by the terms hereof to be paid by the Mortgagor for the protection of the mortgage sec~uity or tor the collection of the indebted- nesa hereby aecured• All.autas•so advanced or paid by the Mortgagee ahall be charged into the awrtgage aceount and become an integral part thereot. aubject in all respecta to the terma. conditana. end covenanta oi the aforeaaid pmmie- sory note, and thia mortgage. aa fully and W the same eutent aa though a part of the original indebtedness evidenced bY said note and secured by thia mortgage, e=cepting however. that said aums ahall be repaid the Mortgagee forthwith upon its demand and be in addition to the regular monthly installments provid ~bYrt eaha 16i a~ll~t'u~nee, during the life of this 3. That the abstract or abstracts of title covering the mortgaged p pe Y mortgage. remain in possession of the Mortgagee and in ev~t of the forecloaure of thia mortgage or other tranafer of title to the mortgaged propertY in eztinguishment of the indebtedness secured hereby. all right. title and intereat of the Mort- gagor in and to any such abstracta of title shall pesa to the purchas~ ar grantee. 4. To the eztent of the indebtsdaess of the Mortgagor to the Mortgagee dexribed herein or secured hereby. the Mortgagee is hereby subrogsted to the lien or lieas and to the rights of the ownera and hoW~s thereof of each and ev~y? mottgage~ lien or other incumbrance on the land descr'bed hereia which is paid and/or satisfied. in whole or in part. out of the proceeds of the loan described herein or secured hereby. and the respective liens of said mottgagea. liena or other incumbrances, shall be and the same and each of them hereby is preserved and shall pass W and be held by the Mortgsgee herein aa.security for the indebtedness to the Mortgagee herein described or hereby secured. to the same e:tent that it would have been preserved and would have beea passed to and been held by the Mortgagee had it been duly and regularlY assigaed. transferred. set over. and delivered uato the Mortgagee by aeparate deed of asaignment. not~vithatanding the fact that the same may be satis~ed and caiwelled of record. it being the intention of the parties hereto that the same will be satisfied and cancelled of reoord by the holders thereof at or about the time of the recording of thia mortgage. 5. In the event the ownership of the mortgaged premises. or an part thereof. becomes vested in a person other than the Mortgag~or. the Mortgagee may. without notice to the Mortga~or, deal with such sucxessor or successora in ia- tereat with reference to this deed and the debt hereby secured. in the same manner ea with the Mortgagor without in any way vitiating or diacharging the Mortgagor's liebility hereunder or upon the debt hereby aecured. No sale of the premiees hereby mortgaged and no forbearance on the part ot the Mortgagee. and no e=tension of the time for the psyment of the debt ~ereby aecured givea by the Mortgagee ahall operate W rele8ae. dischar8e. modifY. ~hanB'e or affect the original lia- bility of the Mortgagor herein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebtedness, however evidenced, whether by seid promissory note or any renewal or extension thereof or substitute therefor. or otherwise, ~ unt~7 all auch indebtedneas shall have been fully paid. ~ 7. In the event t/te mostgogors seU, conuey or tmrtsfer the mortgaged pnemises during the life o( this morigage. { then this mortgage sha11, at the option of the Mortgagee herein, become immediately due and paya6le for the jull swn oj ~ the prineipal balance and interest t/aen due. 8. The terms ' Mortgagor" and "Mortgagee" whenever used in this instrument shaU include the heirs, per- sonal representetives, auccessors and assigns of the respective parties hereto. Wherever used the singular number shall include the plurel and the plural the singular, and the use of any gender shall include all genders. S' , sealed d' er in e presence of: C~/~' ~ U ji,~, ~ ISeall `,,,f~'L ~ u_ ~ - ~7~ ~r - ; . < 1- ~ V STATE OF FLORIDA 93 . COUNTY OF J~x~ S~. LUCIE his wife efore me personaUy appeared STEVE BLAGRAVE and RUTH BLAGRAVE, , to me'well lmown and known to me to be the individual described in and who executed the foregoing instrument. and acknowledged before me that they executed the same for the purposes therein ezpressed. W ITNESS my hand end ofncist seal in the County and State lest aforesa`.d this 9th Day of March, 1974 - ~ . , `1~~,.,~~: ~ ~ ~ w; - ~ v~ _ ~ , • : - . ~s ' ~ - June 30 1975 Notary Public. State of g~~f`~daa , ; ~ My Commission Expires: - - . . : ~ _ ~P " S - : ...:•'E`j,~f~?~• - ' ' `4' - ft~E~ ",E--.J~tti " - : ~1 , / _ ~S ~ : r X' S~ ~,u' ~ } . ~ , ~,R~ ~ ~ , ~ . . ~ ' - F.~; > ~,'~+I , ~ ' OCC~"-~~. ~ l,~ ~ 4e~ 1., ~ 1y S o 4 ~ soo~ 2z5 ~ i95 ~z,~.~~8. .:x ~r~. K } ~ ~ ~ ~ ~ ~ ° ~ s _ .a_~ _ _ ~ ~ _ , , D. T_.. u~