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Home My WebLink About1492 t~~. m.N~ta~c ~y oihr~ u~mlc~ a.l Utle W~he mu~t~~sed pope~l~ ~n eu~n~u~ahmen~ W ~Ae ~nJtAtNnc~~ .c.wrJ hcic~~~. ali n~h~, t~~lo ~n.l ~e~e~e:t ..i ~Ae \1.N~~~~w m~mt a~nY ~~iur~nce pol~c~es ~hen ~n (w.e sA~ll paas to tAe pu~.A~.c~ w ~~rn~~e. (AI Tu Pi11WT. ~~M~IPIy witA ~od a~~de by each am1 everY ~Ae ct~pula~~ons. a~~eea~eots. coed~u.H+. tnd aoven~ntc ~n .~~J p~.~+n~.aw) no~e an.1 ~n ~h~. JecJ .e~ (wtA. t~(tcen C~Ys ntu atttr l~l 7Aat i( any of .a.d sum~ o( m~~cY he~e~n ~e(enrd to be nut pt~ptly amt lully pa~d ~~~A~n the same seve~~lly beccuets due and paYaAle.a d eacA and every tAe st~PUlauoes. s~~eemeot., aonJwon~ and covenants o( aa~d prwe~s• saY note and tMa deed. ot eUAer, ue no~ fu11Y p~rtdme0. cun?pl~ed ~uh amt ap~ded Ay, the .~~d a~~re~~tc sum menuaned ~n s~~d prwuusar n.~u shall becoae due an~ pa)vsle fatA.itA w~Aereafter a~ the opt~on o( ~Re Nur~~a[ee as lully and compleuly as d ~Ae :a~d a«rei~te sum o( sa~d prcxn~c.ay noie.~rss a~~~nslly supul~ted ~o ~e pa~d on such d~Y. a~)•tA~a~ ~n aa~d prom~sswY ~ott or Ae~e~n to ~he conuary not~uAs~and~eE. 1 TM~ ~n eKde~ to ~ccelerste ~he matunty ot tAe indebtedness AeieDy sec~red, because u( the (a~lure ol ~he \f~x~~~~w ~o DaY +~Y ac.e.sment, I~~D~lity, a.bli~~uon .N en~umbrance upon s~~d property. as Aerc~n prov~ded. u shall not be ne.es.ary ~ ~cawsue that the mw~~~{ee sMll hr.t p~Y tAt same. 2. The ~k~rtgagee may, at his option. and without wa~v~ng his tight to accelerate the iodebtedness hereby , serureJ and t~~ fortcluse tha .ame, pay eithet be[ore or aftet dzlinquency any or all of :hose cettain obligations required by the terms hereof to be paid by the ~iottgagor for the protection of the mottgage secutity or fot the coi- lectian o( tht indebtednes~ herebp secured. All sums so advanced ot paid b~~ the ~~ortgagee shall be charged into the mortgage accaunt and becume an ~ntegtal part thereof, subject in all respects to the termc, conditions, and cuvrnants of tht afaresaid promissory nate, and this martgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said note and stcured by this mortgage, excepting howevet, that said sums shall be repa~d the Alottgagee forthwith upon its demand a~d be i~ addition to the regular monthly instail- ments provided by the mottgage note. : 3. That the abstract or abstracts o( title covering the mnrtgaged property shall at all times, duting the life ~ :~f this mor~gage, remain in possession of the \lortgagee and in event of the foreclosure o[ this mortgage or othc~ transfer ot title to the mortgaged ptoperty in exti~guishmcnt of the indebtedness secuted hereby, all right, title and intere~t of the ~lottgagor in and to any such abstracts of title shall pass to the purcha~er ac gtantee. ; 4. To tha extent of the indebtedness of the Mortgagor to the ;~Mrtgagee described herein ot secured hercby. ~ the \lortgagee is hereby subrogated to the lien or liens and to the nghts of the ow~ers and holders thereof of each ; and every mo~tgage, lien or other incumbrance on the land described herein which is paid and!or satisfied, in ~ whole or in part. out of the proceeds of the loan described herein ot secured hereby. and the respective liens of said mortgages, liens or olhet incumbrances, shali be and the same and each of them hereby is ptesetved and shall . ' pass to and be held b~ the ~lortgagee herein as security for the iodebtedness to the Alortgagee herein described or hereby secured, to the samc extent that it would have been preserved and woald have been passed to and been held by ihe \lortgagee had it been duly and regularly assigned, transfened, set over. and delivered unto the Mort- gagee by sepatate deed af assignment, notw~ithstanding the fact that the same may be satisfied and cancelted of _ record, it be~ng the ~ntention of the parties hereto that the same will be satisfied and cancelled of record by the holders therea( at or about ihe t~me of the recording of this mottgage_ 5. In the event the ownersh~p of the mortgaged premises, or any part theteof. becomes vesttd in a person othet than the 41~~rtgagor, the ~tortgagee may, without notice to the Mottgagor. deal with such successor ot suc- _ cecsors in int~rest Kith reference to this deed and the debt hereby secured, in the same manner as with the \lort- gagor without in any w~ay v~tiating ot discharging the :1lortgagor's liability hereunder or upon tht debt hercby secured. No sale o( the premises heteby mortgaged and no fotbeatance on the part of the hlottgagee. and no ex- tcnsion of the time for the Payment of the debt hereby secured given by the Nottgagee shall operate to release. i discharge, modify, change or affect th~ original liability of the ~lortgagor hecein either in whole or in part. : 6. The lien of this deed secures and shall continue to secure payment o( said indebtedness ot indebt~d- ~ ' ness, however evidenced, whether by said promissoty note or any renewal or extension theteof or substitute there- , foc, or otherwise, until all such indebtedness shall have been fully paid. = i 7. I?e t:ee event the niortgago?s se(!, convey or hansjer the niortgaged prernises during the lije o~ this ~nort- ~ k gaRe, then this morcgage shall, at Ihe option oj fhe Afo~lgagee he?ein, 6ecorne inunediatety due nnd payable Jor the ' ~ jull sum oJ the pnncipa! 6alance and interest then due. 8. The temns "hlortgagoc" and "!1lortgagee" wheaever used in this instrument shall include the heirs, ~ personal representativ~;, successors and assigns of the tespective parties hereto. Wherever used the singulat * number shall ~nclude the plural and the plutal the singular, and the use of any gender shall include all genders. ~ Sign , sealed d de ~ ed n e p esence of: ~~v (Seal) ; ~Seaq > ~ ~ - % y']~/ • L,,%.~.t ,t ' / / ' ' ~l ~ - C Y-r~ ~ c. STATE OF FLORIDA I i ,5 COUhTY OF ~ St.Lucie ~ BeCore me personally appeared MARGARET A. KUEIC~R, an unmarried woman ~ to me vrell know~n and known to me to be the individuals described in and who executed the foregoing insttument, ~ ar,d acknoK•ledged before me that they e:ecuted the same ~or the putposes there~n expressed. WITNESS my hand and off~cial scal in ihe County and State last aforesaid this 3rd Day Of .Tul}~, 1974 ~ :~OiAR1~ PUDUC, ~'r C~N:dISSiorlsEXp R FlQR1DA at URG ~ndN Br q,,,~,;~ luNE 3p. 197;~ ~ ken Insur ~iy Gommission Expires: Notacy Public, Statc of Flor~da _~G: ` iIL~~'r"4 :?:i11iY fiA. ` ~ ` . _ ~ St Fu'' ~ ~A i~P.T ~ c.-' ~ , CQ. - r'~ C1= ~ - . . ~ - ~ ~.r. ' - " L Ip ~ ~s ~N' ~ . ~ ~ . ~ , ~ R 2~9 ~~~Ei49 • ¢ ~~~'71 BCrx ~ ~ , -e~ - - _ ~ ,~.r- - _ ~