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Home My WebLink About1942 . ~ Our file 5-30,148 ~ th~. rn~a~~aKe ~v Mher ttans(e~ ot utle to the mort~a~e~ pope~~y ~n eu~n~u~sAment ot tht ~ndebtedneYS ~ecwed ~ereb), all n~ht, htle anJ ~ntere.~ .~1 ~Ae \1at~aaw ~n ~nd to aoY ~nswance polic~es then ~e (.xce shall pass ~o tl~e pwcAsser a~ran~ee. Ih~ To periMm, c.~mplY nM and abide sy esch and every ~Ae :t~pulshons, a~tee~nents, .ond~UOes snd covenan~s ~n sa~d prwmccory noie and ~n ~A~. Jecd se~ forth. 1~ 1 Tha~ d any .,i sa~d swns ot nwney he~t~n re(erred to be eol ptaapllY ~~d (u11Y Pa~d ~ruh~n tdtetn days next ai?e~ ~Ae s~me .ererally Srcowes Jue and paYshle.a eacA and evety tAe s~ipulahons, s~tecments, cond:ha~s aad corenanta o( sa~d pranis- ~MY nate and th~s decd, or euher, are not fully per(ors~ed. caa0l~ed +nth and a0~ded by, tht sa~d akre~~te sum men~~oned ~n s~~d M..mi.csa> na~e sAall Decoeee due anJ payable (nth~~tfi ix ~Aerea(ter at tAe opt~on o( ~ht Nort~a~ee ss (ully and completely as if ~he sa~J aX~n{ate sum ol sa~d pramc~wY note ~rss ons~nsllY sUpulated to bt pa~d on sucA dsY. anythm~ ~n sa~d pran~ssory no~e or herein ~he :~t~~~~ noty~~hst~nd~n~. i~ 1 TA~~ ~n ~xder to accelerate the mawn~y o( the m~eptedness hereby xecuted, because o( the (a~lure o( the Mwt~a~o~ u~ paY a~Y ~a*. •s.e~.+ment, (ub~l~ty, c~bl~~a~~on ~v encumbrance upun sa~d p~ope~ty, as herem por~ded, it shall no~ bt aecessuy cx reQu~site that the m~.r~RaEee chall hrcl pay tAt saa~t. 2. Thr ~brtga~ee may, at his option. and without waivina his ri6ht to accelerate the indebtedness hercby ~ecured arni to foreclose the same, pay either befote or after delinquency any ot all of those certain obligations ~equirrd by the terms hereof to be paid by the Nortgagor for the protection of the mortgage security or for the col- le~tion of tht indebtedness hereby secured. All sums so advanced or paid by the Mort~a~ee shall be charged into ? the mrrtgage account and t+ecome an integral part thereof. subject in all respects to the tetms. conditionx. and cu~enants of ~he aforesaid promisso~y note. and this mortga~e, as fully and to the same extent as though a part ~~f the ariginal indebtedness evidenccd by said note and secured by this mort~a`e. excepting howevet. that said cums shall bz repaid the \lortgagee forthwith upoo its demand and be in addition to the re~ular monthly install- i ments provided by the mottgaae note. 3. That the abstract ar absuacts of title coverin~ the mottgased pmperty shatl at all times. during the iife ~~f thi. mortgage, remain in possession of the Nlottsagee and in event of the foreclosure o[ this mottga6e or other tran•fer of title to the mortgaged propecty in extinauishment of the indebtedness secuted hereby. all tisht. title and ~ncerest of the ~tortgagor in ancf to any such abstrscts of titte shall pass to the puichaser or grantee. ~ Ta the extent of the ~ndebtedness of the Mort`a~or to the Mort`asee described hereio or secured hereby, - the \tort~agee is hereb~ subrogated to the lien or liens and to the rights of the owners and holders theteof ot each and even mort6age. lien or other incumbrance on the land described herein which is paid and!ot satisfied, in w~hole or in part, out of the proceeds ot the loan described herein or secured hereby, and the respective liens of said mortgages. liens ot other incumbrances, sfiall be and the same and each of them hereby is preserved and shall pass to and be held by the ~lortgagee herein as security fot the indebtedness to the Mortsagee hetein desctibed or hereby secured, to the same extent that it would have been presetved and would have been passed to and been held by the ~1c~rt6agee hsd it been duly and reguiarly assigned, transfened, set over, and delivered unto the Mort- gagee b}- separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of record, it being the intention of the parties hereto that the same will be satisfied and cancelled of record by the holders thzreof at or about the time of the recordins of this mort~a6e. 5. In the event the ownership of the mortsaaed ptemises. or any put thereof, becomes vested in a person ~ther than t~e ~lortgagor. the \lortgagee may, without notice to the Mortgasar. deal with such successor or suc- cessors in interest N~ith reference to this deed and the debt hereby secured. in the same manner as with the htort- gagor N~thout in an~ way vitiating or dischargin6 the Mortgagor's liability hereunder or upon the debt hereby secured. N~ sale of the premises hereby mortgaged and no forbeacance on the patt of the Mortgagee. and no ex- tensicx~ of the time f~r the payment of the debt hereby secured fiven by the Mott6agee shall operate to release. discharge, modify, change or a[fect the orisinal liability of the Mortgagor herein either in whole or in part. 6. The lien of this deed secures and shall contiaue to secure payment of said indebtedness or indebted- ness, how~ever evidenced, whether by said promissory note or any renewal oc extension thereo[ or substitute there- ! far. or othetw~se, until all such indebtedness shall have been tully paid. - ~ 7. In the e~•enr the mortgagors sell, convey or transjer the mortgaged pre~nises du?ing the lije of this mort- ~ Rage, lhen this rnortgage sholl. at the optiort oj lhe .Slortgagee herein, 6econie immediately due and paya6le jor lhe i (ull sum oJ the principal balance and interest then due. 8. The tenns "tilortgagor" and "Mortaagee" wfienever used in this instrument shall include 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 singulac, and the use of any gender shall include all genders. Sign , sealed d v in e presence of: ~ (Seal) (SeaU . y/f7 - ~ STATE OF FLORIDA I COUNTY OF ~ ss ST. LUCIE Before me personally appeated MARGARET A. RUEI~R, an unmarried woman, to me well knovm and known to me to be the individuals described in and who executed the foregoing instrument, ~ and acknowled6ed befote me that they eaecuted the same [or the purposes therein expcessed. WITNESS my hand ~ and official seal in thc County and State last aforesaid this 6th Day of June,. 1974 ~ ~ ~ ; ~ . . ~ 1 ~1y Comm~ssion Expires: June 3O . 1975 Notary Public. State of Floric~a i A~1n ~~C3R~EA ' , ~ ` + . - ~ FfLEO~IE C~UNS'I ft ~ N~~.,*.` ,7~ . ' . _ . _ = . i?. a~~=~ ^~iT CQURT \ _ , • - ••..:;~~.tc~ . ~ CtEPKFr'~1~0~-~'' ~.c= '-.'J!• .;"~'%al.v-..,. ~ RE~p~i(1 v _ , , ~ t' t r ` ~i ~ ~I 35 . ~ 4~90 ~°ooK~~ Pac~l~ 28. : - - - - ~ ~s ~ ~ f s - .