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Home My WebLink About1939 . ; ~ Our file 5-30,131 th~. mwl~a~e w othr~ usnafe~ of ~~tle to the mor~~ased pope~~y m eaun{u~shmrn~ u1 lAe ~nde~~eJness secu~ed herehy, ~11 ~~~A~, nUe sod mle~est of tAe Al~a~s~~w ~n ~nd ta anY ~nswance polic~es then m(orce sh~ll pass 10 1he purcAsse~ or ~ran~ee. (A) To pert~xm, cump~Y w~i~ ~~d sb~de by eacA a~d every the st~pulauons, a~reeme~is, coed~~~onc and covenan~s ~n ~a~d ptwmcswy note aed ~n tA~s derd set fwth. (i ) Tha~ ~f any ot aaid awna o( mw~ey here~n re(erred to ~e not promptiY and (u11Y D~~d ~'~~h~n t~fteen days ~ea~ atter the same seYerally becomes due and paYaAle,~ d eacA aod every tAe s~~pulauons, at~eements, cnnd~~ia?a and covenants o[ s~~d ptae~s- say no~e and th~s deed, or e~ther, ue not tully pe~taa~ed. comDlied W~tA aod aDided by, ~he .a~d s~tre~ale sum menl~orted ~n said promissory note shall secoat due and psyable tatAvr~tA o~ therea(ter at t~e option ot IAe No~tja~et as fully and complflely as if tAe s~id s{~re{ate sum o( said ptom~acwy note ~ss on~~na11Y st~pulated to be pai~l on sucA d~y. aeyth~n~ ~o sa~d pran~ssory note or here~n to ~At contnry not~r~~Astand~nE. Thal m orde~ to acttlerate ~he matur~ty ot tAe indebtedness hereby secured, because ut the (ailure o( tAe fNo~t~a~or to pay any ua, ; assessmen~, Gability, osl~sation ix rncumbrance upon s~~d property, as herem prov~ded, ~t shall not be nectssary ot requ~s~le that ~he i mwtpsee shall hrs~ pay tAe samc. 2. The ~lortgagee may, at his option, and without waiving his right to accelerate the indebtedness heteby secured and t~~ foreclose the same, pay either before or after delinquency any or all of those certain obligations ~equired by the terms hereof to be paid by the Nottgagor for the protection of the mortgage security or for the col- _ lection of the indebtedness hereby secured. All sums so advanced or paid by the Nortgagee shall be charsed into the mortgage account anJ become an integral pazt thereof, subject in all respects to the terms. conditions. and cave~ants oG the aforesaid promissory note. ~nd this mortgage, as fully and to the same extent as though a part of the ori6inal indebtedness evidenced by said note and secured by this moctgage. excepting howevet, that said sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the regular monthly install- ments provided by the mortgage note. - 3. That the abstract or abstracts of title coverina the mortgaged propetty shall at all times, during the life of this mortgage. remain in possession of the hlortgagee and in event of the foreclosure of this mortgaae or other transfer of title to the mortgaged property in extinguishment ot the indebtedaess secured hereby. all tight. title and interest of the !1lurtgagar in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the Mortgaaor to the Mottgagee described herein or secured hereby, the Mortgagee is hereby subrogated.to the lien or liens and to the rights of 1he owners and holders thereof of each and every mortgage, lien or other incumbrance o~ the Iand described herein which is paid and!or satisfied, in wholc or in part, out of the ptoceeds of the loan described herein or secured hereby, and the respective liens o[ said mortgages, liens or other incumbrances, 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 Eor the ir~debtedness to the Mortgagee herein described or hereby secured, to the same extent that it would have been preserved and would have been passed to and been held by the !1lortgagee had iCbeen duly and regularly assigned, uansfened, set over, and delivered unto the Mort- gagee by separate deed of assignment, notwithstanding the faet that the same may be satisfied and cancelled of record, it being the intention of the parties hereto that the same will be satistied and cancefled af record by the holders thereof at or about the time of the recordina of this mortgage. S. In the event the ownership of the mortgaged preEnises. or any part thereof. becomes vested in a person other than the '.1lortgagor, the Slortgagee may. without notice to the Mottgagor, deal with such successor or suc- cessors in intertst w•ith teference to this deed and the debt hereby secuted, in the same manner as with the Mort- gagor without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the patt of the Mottgagee, and no ex- tension of the time (or the payment of the debt hereby secured given by the Mortgagee s6a11 operate to release. discharge, modify, change or affect the original liability of the Mortga6or herein either in whole or in patt. 6. The lien of this deed secures and shall continue to secure payment o[ said indebtedness or indebted- ; ness, however evidenced, whether by said promissory note or any renewat or extension thereof or substitute there- ~ for. or otherwise, until all such indebtedness shall have been fully paid. ~ 7. In ~he even~ rhe mortgagors sell, convey or transjer the mortgaged premises during the li/e of rhis mort- ; gage, then ~his mortgage shall, at the option oj the Afortgagee herein. 6ecorne immediately due and payable Jor the ~ jull surn oj ~he pri»cipal 6alance and interest ~hen due. ~ 8. The' terms "Mortgagor" and "Mortgag~e" whenever used in this instrument shall i~clude the heirs. personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular ~ number shall include the plural and the plural the singular. and the use of any gender shall include all genders. ~ - ~ S~ d, eale ivi ce of: o• ' ~~(Seal) . (Seal) GtGlJ ~ -cm4~K_t/ STATE OF FLORIDA I COUNTY OF ~ ss ST. LUCIE ~ EFFIE HAMILTON, an unmarried woman, and II~A Be~ore me personally appeared SLIMP~rER ~ gn unmarried WOII1aII, ~ ~ to me well known and known to me to be the individuals described in and who executed the foregoing instrument, r.~ and acknowledged before me that they executed the same [or the purposes therein expressed. WITNESS my hand ~ and official seal in the County and State last afotesaid this ].3t D8y of June, 1974 ~ ,i~~t~llll/Hp~~ ~ . . ~ ~~l...T~'~ ' ••i / , • : ' y+~ ~ ~1y Commission Eapircs: June 30, 1975 [dotary Public. State of Florids ` . ~ - • • , ' " - • ~ fILEO R!~~ ~E~'Ot'. F`A ..-~'~'-"w` f.~. r"~::~ : Cic ~OUNTY ~ • •....y. ~ g'f.LU G. * ;.:~1TAI~S , : ~ ~p ~ t,.;il1; COUR? ,'~~~`'li,:i: ~ pEt~~.~RO .f" -t_3 0 Q s~~ ~ 'z~ ~~~ss~ BooK~~A PAGE1935 _ ~ ~ - .~K~ - r ; ~ ~ ~ , , _ ~ s~~`~-~~.~ . ~ _