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Home My WebLink About0444 File 5-29,619 notice tbereot by mail to the Nortgagee and the Nortgegee m~r maice proof o! Iws ~t the same ie not m~de promptly by the Morigagor. In even4 of foro dowre ot thu mortg~ge or otAa tr~nster of tiUs to tAe aa~aYed property ~n estinguis!?ment ot tha indebtednea aeaued be~+by. all riiht, titk and iatarest ot the Mortgagot in aad w any insurance pu6ciss thea in [orce shall pasa to tAe purcAaser o~ gr~ntes. 1~1 'fo psrtorm. eomPlY vith and abid~ by e~cA ud ~v~ry tAs stip~lations. ~~esmu?ts, condition~ and oownanu ia ~aid promi~wrY aou aad ia thi~ d~ed s~t forth. lil'i~ut it aay o( said suau ot moaey herein re[ernvf w be not promptly ~nd tully paid writhicL -fifteen daya aest after the same ~aerallY becomee d~ and p~y~ble. or it e~cA and ev~y the stipuLtion~, ~g~eemenu. conditions and ca~~enants ot eaid promisao~ry note ~ud this deed. or eitAer. ~re uot tutbr pertormed. complied with and abided by. the eaid ~ggregue aum mentioned ia said promissory note aAall become dus and p~yab4 torthwith or tlwn+afur ~t tl?e optba o( the !ltortgagee as [ully ~nd tompletdy ~s it tlie aaid ~ggreg~te sum ot aaid promisaory oote ~ru origi~uUY etipul~ted W be P~d on sucA day. aaythins ia eaid promissory aots or herein w the contrary na w~itF?~tendina. ~ j171~at in order to acoelerate t1?e maturity ot the indebtedneea hereby ae~vred. becau+e of tAe tailure of the Mortgsgor w paY ~ny tau, assesemeae, t'ubiti• ty. oblig~tioe~ or encvmbrance upon said property. ae herein pcoaide~. it sAall not be ~~arY or requisite that che mortgagee elull fint p~y tl?s a~me- 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtedneas hereby secured and to foreclose the same, pay either before or after delinquency any or all of those certain obligations required by the terms hereof to be paid by the Mortgagor for the protection of the mortgage security or for the collectio~ of the indebted- ness hereby secured. All sums so advanced or paid by the Mortgagee ahall be charged into the mortgage aocoont and become an integral psrt there~f. subject in sU respects to the terms. conditione. and coveaants of the aforeaaid pmraia- ~ sory aote, and this mortgage. as fully and to the same entent ea though a part of the original indebtednees evidenced by ; said note and secared by this mortgage, ezcepting however, that said sums shall be repaid the Mortgag~ee torthwith upon ~ its demand and be in addition to the regular monthly installments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged property shell at all timea. during the life of this ~ mortgage, retaain iu possession of the Mortgagee and in event of the foreclos~ue of tlua mortgage or other transfer of title w the mortgaged property in estinguishment of the indebtedness aecured hereby. all right. tit~ and intereat of the Mort- ~ gagor in and to any such abstracta of title ahall paas to the purchaser or grantee. 4. To the ezteat of the indebtednsss of the Mortgagor to the Mortgagee described herein or eecared hereby. the Mortgagee is hereby subrogated to the lien or liens and to the rights of the ownera and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and/or satisfied, in whole or in part. out s of the proceeda of the loan described herein or secured hereby. and the respective liens of said mortgagee, liens or other ; incumbrances, shall be end the same and each of them hereby ia preaerved and ahall pesa tosnd be held by the Mortgagee ~ herein es security for the indebtedness w the Mortgagee herein described or hereby secured, to the same eztent that it would have been preserved and would have been pnsaed w end been held by the Mortgagee had it been duly and regularly asaigned, transferred, set over, and delivered unto the Mortgagee by separate deed of asaignment. aotwithstanding the fact that the same may be satiafied and cancelled of record, it being the intention of the partiee hereto that the same will be satiafied and cancelleci of reoord by the holders thereof at or about the time of the recording of thie mortgage. _ b. In the event the ownerahip of the mortgaged p*emises, or any part thereof. becomes vested in a pereon other than the Morfgagor, the Mortgagee may, a?ithout notice to the Mortgagor, deal with such aucxessor or saccessors in in- terest with reference W this deed and the debt hereby secnred. in the same manner as with the Mortgagor without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secnred- No sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no eztenaion of the time for the payment of the ~ debt hereby secured giveo by the Mortgagee ahal! operate to release, discharge, modify. change or affect the original lia- bility of the Mortgagor herein either in whole or in part. ; ~ 6. Tfie Gen of this dced secwres and shell continue to secure payment of said indebtednesa or indebtedness, however ~ , ~ evidenced. whether by said promissory note or any renewal or ertension thereof or substitute therefor, or otherwise. : ~ until all such indebtedness shall have been fully paid. ~ ~ In the euent the mortgagors seU, conuey or tronsjer the mortgaged premises during the life ojthis irtortgage, ~ ~ then this mortgage shaR, at the option of the Mortgagee herein, become immpdiately due and paya6le (or the full sum of ~ the principa! balance and interest then due. 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, per- ~ sonai representatives, suceessors and assigns of the respective parties hereto. Wherever used the singular number ahall ~ indude the plural and the plural the singular, and the use of any gender shall include ell genders. ~ ~ ~ n~~,1'~~ ~ S' d, sealed an ed the p sence of: ~ 1/ fa ~ ~<t t,f:b 1 Seal l ~ ` ` ' ~ ~ , ~ / F l<< z- ~ i[ c, i t.s G• ; ~ ~ ~3 STATE OF FLORIDA ~ 39 ~ COUNTY OF~FX ~ LUCIE ~„~II,I,~ DANIELS and MAMIE DANIELS, his wife, ~efore me personally appeared ~ 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 seme for the purposes therein ezpressed. WITNESS my hand and of~cial seal in the County and State lest aforesa'.d this 4th Day of April, 1974 ~`.~~~~,i,,,~«jrf~~~ lrr ; ~ , . . ~ ; - ~ - - • % - '~~=L - - . y . - - - _ , _ sr:< - • . ` . - . : . : r~-;, - _ -s My Commission Expires: Jtltle 30~, 197 S Notary Public, State of Fl r i ~ . • ~ ~ ~ \t~ ~ ~ .M,' .4+$ '2~t a~"" p ~ ^ ~ , ~ ~ , 0 ANG RECQY /LA• - ~ : ` f{~~UCiE ~OUMi n,~~,~,~. ` iIOGEp PO~T~~S ~ CLERK C?RCUit COU~T ItEC4R~ VEAIf1E9...+~' a;~ ~ PH ~1~ a ~2Zfi ~ ~44 p~ t5 2 o ry . z~94,~.~ ~T - - ~ . n~ . , , z _ . _ _ , . . _ = _