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Home My WebLink About2592 . File 5-29,579 ~1u. nwr~~~~c ~ u~he~ Iranste~ ol hllc w ~As monp~ed pope~ty ~n tiun~wsAmem u1 the ~ndeDtcdness stcured Aersey. •11 r~~h~, hUs ,nJ ~nierest ot the Mor~{~~w ~n ~nd ~o any ia.ur~n.e pohc~es then ~n (orce ~h~ll p~ss ~o tAe puuA~ser a~ran~ee. IA1 Tu peNnm. c~rnplY w~th snd ab~de by e~ch and every tAc aupulauons. a~teemenls. cond~~~ons and coven~ma in a~~d prom~.aory n.~te snJ m ~h~s deed se1 forth. 1~ ? 1'h~~ i( any ot a~id swas of nwney hert~n u(crred to be not prompUy ~nd fuUy pa~d WuA~n hfteen d~y~ next al~e~ ~~e s~me se~erally becaae~ due u?d p~y~Ale,~x if eacA ~nd e~c~y thc a~~pul~uons, i~teements, con.l~~~ons ~nd caveninu ot ss~J prams- .wy no~t and ~h~s deed, a e~ther, ue no~ tully per(wa~cd. compl~ed v~uA at?d aE~ded by, ~he cnd a{su~~~e suia ieentwoed in c~~d Man~.swy aute ahall becose due and p~Yable (atAW~tA ix thccs~fter ~t ~Ae option ot ~he Mat~s{ee s~ fully snd cospletelY as 1f ~he .a~d a~~rtpte swa o( sa~d ~om~sa~xy note ~~s o~~~~nslly atipulated to se p~~d on sucA d~Y. ~nythm~ ~a ~~id p~omiiwty no~e w Aere~n ' to ~he contrary no~vuAst~ndm~. 1~ 1 7T~t ~n order ~o acceler~te the awtun~y o( tAe ~ndebtednes~ hereby securcd. bec~uae o( tAe ta~lurt o( tAe Mort~a~a ~o p~Y ~ny taa, ac.e.smen~. I~ab~luy, obl~at~oe M encumbrance up~ yud p~aperty. u ht~em pror~ded, ~t shall not bt necexaary or reauuue ~A~t the m~x~~a~ee .Aall fu~t pay tAe s~me. ~ 2. The Mortgasee may. at his option, and without waivina h~s ~i~ht to accelerate the indebtedness hereby ~ecured and to foreclose the same, pay either before or a[ter delinquency any or all of those certain obligations requ~red by the terms hereof to be paid by the Mort~s`or for the protection of the mortgate security or [or the col- lec~iun af the indebtCdness heteby secured. All sums so advanced or pa~d by the Mort~a~ee ahall be charsed into thr mortgage accaunt and become an intettel part thereof, subject in FII respects to the terms. conditions, and cuvtnanta uf the aforesaid promissory note, and this mortea`e~ as fully and to the same extent as thou~h a part c?f the o~iginal indebtedness evidenced by said note and secured by this mort=a~e. exceptin~ however. that said ~um. shall be repaid the hlortgagee forthwith upon its demand and be in addition to the ce6ular monthly install- ment~ ptovided by the mort6age note. 3. That the abstract or absuacts of title coverin` the mott`a~ed property shall at all times. duti~g the life uf thi~ nx~~tgage, remain in possession of the Mort~agee and in event o[ the foreclosure of this mort~aae or othet transfer of title to the mortgaged property in extin~uishment of the indebtednesa secured heteby, alt ti`ht, titk and intetest of the Mortga~or in and to any such abstracts of title shsll pasa to the purchaser or ~rantee. 4. To the exteni of the indebtedness of the Mortsagor to the Mortgaeee described herein or secured hereby, the 1lortga6ee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every mc~rtgage, lien or other incumbrance on the land desetibed herein which is paid and/or satis~ed, in whole or in part, cwt of the praceeds of the loan described herein or secured hereby. and the respective liens of said mortgages, liens ot other incumbtances; shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security for the indebtedness to the Mottgagee herein deacribed or h~reby ~ecured, to the same extent that it would have been preserved and ~vould have been passed to and bee~ held by the At~~rtgagee had it been duly and regularly assigned, uansfened, set over. and delivered unto the Mort- gagee by separate deed ot assignment, notwithstanding the fact that the same may be satisfied and cancelled of record, it besng the intention of the parties hereto that the ssme will be satisfied and cancelled of record by the hulders thereuf at c~r about the time of the recotdina of this mortgage. 5. In thc event the ow~ership of the mortgaged pr~mises, or a~y part thereof, becanes vested in a person other than the 1~k~rtgagor, the ~lortgagee may, without notice to the Mottgagor. deal with such successor or suc- cecsors in interest with reference to this deed and the debt hereby secured, in the same manner aa with the Mort- gagor v?ithout in any way vitiating or dischar`ing the Mortgagot's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no ex- tensi~?n of the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release, discharge. modify. change or affect the original liability of tht Mortgaaot herein either in whole or in part. ~ 6. The lien of this deed secures and shatl continue to secure payment of said indebtedness or indebted- ~ ness, however evidenced, whether by said promissory note or any renewal or eztonsion thoreof or substiwte there- ' fur, ur otherwise, until all such indebtedness shall have been fully paid. ~ 7. 1n the event the mortgagors sell, convey or transjer ~he mor?gaged premises during the fije of this mort- ; ~ RaRe. then th~s mortgage shall, at ~he option oj Ihe Afortgvgee herein, 6ecor?~e immedialely dae and paya6te Jor the Jull su?n oj the principal balance and interest then due. - 8. The tertns "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs. personal representatives. successors and assigns of the respective pazties hereto. Wherever used the singutar ~ number shall include the plural and the plural the singular, and the use of any gender shall include all gendecs. S~ ned. seal J d er in e presence of: ~ (Seal) ~ GC.~`~7/Jtc-I ~_i (Seal) L KG_~ / l-/~~L~LlLC. c STATE OF FLORIDA - COUNTY OF'~~~ ss ~ ST. UCIE his wife ~z Be~ore me personally appeared W. F. CARVER and NAIOMI CARVER, , to me well known and known to me to be the individuals dascribed~in and who executed the foregoina instr~unent, ~ and acknowledged before me that they executed the same (or the purposes thetein eapressed. WITNESS my hand and official seal in the County and State last aforesaid this ~th DSy of Mareh, 1974 ~ . ~ . ~ ` t Vi , . ~ • 1 ~ ~1y Commission Ezpires: June 3O, 19~5 Notary Public, State of lori a~. -1:5~ e. _ ~ , . - ~ COROf~ - • ~ ~ : ~ f*~~EO ~NV aUN~~ f~~• ; S\.~~~,~Q ~VS'_~~~ G N~N~. ~ Rt ~1.ERK ~~~~+.f 0 COU 8D ~~~'7-}:j REC~R~ ~E UJ'' eoaK~~V ~~E~V ~'n~~~:,:::.. . ~ 5 3 3i 86 A~ ~~-Zr- ti ~ ' . _ _ ~¢~4~~~y;__. .,a'r ~ ~ . -a y'-. Y ' -s~~ _ < ~ -s 4. - . _ .t~ ~~t.4'^~,"l~. ~ . ze" ~z