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Home My WebLink About2566 ~ Our f i1e 5-30,178 notiae thereoi by m~il w the NortgaQee ~nd ths Mortgagee may malce proot ot foes it the eame is not made promptly by ths ~laig~got. In even~ oi tora closure ot tAi+ mortg~ge or other tran~fer o! UtM W tAe mo~aged propertY i~ e:tir?guial~ment o! che iadebtedoe~e xcwed be~ebY. dl riSht. titk ~nd interest ot the Mortg~goc in and to aay ~nwrance polic~ea then in torce shall pass to the purcluser ot grantea IA1 To psrtorm. eomply ~rith and ~bide by e~cA ud every the stipulacions. a~eemsnts, coaditiona u?d ooveiunts in said promissory aot~ ~ad ia tAis d~ed s~t forth. (II II l[ly O~ 6~1d tUR~! OI af011ly Iflfll[I ~!Ilrfld IA b! IWL Q~Of[Iplly alld IllII) ~1d M1lRlR 1'iftesn d~y~ aat aRer tAs wme ~svaraOY becomes due ~nd p~yabls. or if e~ch snd every tl?e stipulatans, ~g~venKnu. conditans and ooven~nts ot s~id promissory ewte and this dsed. or eithsr. ue noc tulty partombd. compiied writh aad ebided by. the said rg~req~te sum meataoed ia aaid promisaory note s6all beooms dus aad Wy~ble tortA~rita or there~her at the optaa ot tAe Mortgagee as fuUy aod completely as it t he aaid aggregate aum oi said promissay oote ~vu origiNllY st~PuLted W b° P~ on suc6 day. anylhing in eaid ptomi~eory ~wte or herein W the coMrary navithstanding. 1 j) 7Uat in order to ~cceknte the maturitY ot tAe iodebtednees herebY ~ec~+red• becaux ot the f~ilure ot the Mortg~gor W p~y ~ny tu. ~sseesvient, li~bili• tY. oE6gation or eocumErwce upon said propertY. as herein provided. it ~hsl! nol be ne~~essary or requisite tAat tAe mortgagee shall tvst pay the same. 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtedness hereby secured and to foreclose the same, pay either before or after delinquency any or all of thoae certain obligationa required by the terma hereof to be paid by the Mortgagor for the protection of the mortgage security or for the collection of the indebted- ness hereby secured. All sums so edvanced or paid by the Mortgagee ahall be charged into the mortgage account and become an integral part thereof, subject in all respects to the terma, conditions, and covenants of the aforesaid pmmis• sory note, and this mortgage, as fully and to the same extent as though a part of the original indebt~edness evidenced by ' said note and secured by this mortgage. escepting however. that said sums shell be repaid the Mortgagee forthwith upon its demand and be in addition to the regular monthly installments provided by the mortgage note. 3. That the abstract or abstrscts of title covering the mortgaged property shall at all tiraea. duting the life of this mortgege~ remain in possession of the Mortgagee and in ev~t of the foreclosure of thia mortgage or other tranafer of title w the mortgaged property in eztinguishment of the indebtedness secured hereby. all right, title and intereat of the Mort- gagor in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby. the Mortgagee is hereby submgated w the lien or liens and to the rights of the owners 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 of the proceeda of the loan described herein or secured hereby. and the respective liens of said mortgages, liens or other inciunbrances. shall be snd the aame and each of them heraby ia preaerved and shall paee to and be held by the Mortgagee herein ae security for the indebtedness to the Mortgagee her~n deacribed or hereby aecured. to the aau?e eztent that it would have been preserved aad would have been passed to and been held by the Mortgagee had it been duly and regularly assigaed. transferred, set ov~, and delivered unto the Mortgagee by separate deed of assigna~ent, notwithstanding the fact that the seme may be satisfied and cancelled of record. it being the intention of the partiea hereW 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 premiaes. or any part thereof. becomes vested in a pereon other than the Mortgag+or. t6e Mortgagee may, without notice to the Mortgagor. deel with such auocessor or auccessora in in- terest with reference to this deed end t6e debt hereby secured. 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 secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no eztension 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 lia- bitity of the Mortgagor herein either in whole or in part. 6. 'Ifie Gen of tWs deed secures and shall continue to secure payment of said indebtedness or indebtedness, however evidenced, whether by said promissory note or any renewal or extension thereof or substitute therefor, or otherwise, until all such indebtedness shall have been fully paid. G 7. In the euent tlae mortgagors sell, convey or trans(er the mortgnged premises during the life or this mortgage. ! then this mortgage shaU, at the option o( the Mortgagee herein, become immediately due and paya6le for the full sum o/ ~ the principal balance ond interest then due. ~ 8. The terms "Mortgegor" and "Mortgagee" whenever used in this instrument shall include the heirs, per- € sonal representatives, successors and assigns of the respective parties hereto. Wherever used the singular number ahall ~ include the plural and the plural t6e singuler, and the use of any gender shall include all genders. , ~ ~ S' . sealed a ed i e presence of: 1~ ~ t~~~' ~ Gt---- G/G` _ t Seall /t-s ~ a-r~-r~~ J ( Seal l u_C / ~ ~ l vs t. , STATE OF FLORIDA ss COUNTY OF ~X~$ ~ ST ~.UCIE ~ ~e ore me personatly appeared DON MIRANDA and MARY ANN MIRANDA ~ his wife, ~ to me well lmown and known to me to be the individual described in end who ezecuted the foregoing instrumeat, and ; ~ eclmowledged before me that they ezecuted the same for the purposes therein espressed. WITNESS my hand and ~ :==i official seal in the County and State lest aforesad this 15th Day of June, 1974 _ .~.~~:~~:s<<~;~~~ ~ v ~~i - . ' ~ -`~~.a.s..y, ~ ~c ~ • t, / i ~ ~ ~ • ' ~ My Commission Expires: June 3O r 147 Notary Public, State of ' . ^ ~ . ~ < . ~ : ~ ~ ~~RI~EQ ~ : , ; ~ FILEO AM~VeUNTr l~• ,_t--~ ~ ~ gS.tU~tE_ .~~:;af?S t ~ _ - . • . 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