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Home My WebLink About2314 Our file 5-30,351 ~A~. m.x~taRe .•~Ae~ uan.tr~ ul htle w ehe mwi~~~e0 pupe~ty m e?un~w~hment u1 the ~nJeeieJnesa at~weJ hetrDy, •U n~At, tule ~nd mt~~est u( ~he \hy~~a~w ~n •mi Io am. ~nswanre pul~c~ex tAen ~n (uae shall pass ta ~he pu~cAaser a~ran~ee. (A/ Tu pe~tam. .a~mply ~r~tA a~d aD~de by eacA am1 e~ay Ue s~~pulapuns. a{~ecments. tond~bw~s and cuvenant~c ~o satd prum~sso~y note anJ ~n tA~. derJ .e~ twth. htteen dsys ne~t a(ter 1 Tha~ ~ny uf .a~d swa~ ul nw~c)' here~n ~e(enrd to se nut promvQY and tully p~~d r~1A~e the saa~e seve~ally becwets due and psYable.a d tacA and eve~y Iht supul~t~ons. speementc, :orwf~uunc and covensMS of sa~d prom~s- saY ~o~e and ~h~s detd, or e~ther, are no~ fully per(criaed, con~p~~ed r~tA and ae~ded tiY, the .a~d a~i«t~« SW^ ~~n~~oned m sa~d pom~ssay note sAall ~ecose due and paYasle (ath~itA or theiealter st the op~ion ot tAe \1o~t~a~ee as fu11Y and caapletelY +s ~t ~he ~ sa~d as~re~ate suw o( sa~d pom~ccwy eae was w~t~a~11Y s~~pulated to be p~~d ~ such d~Y. anytA~~t ~n sa~, ap°~~"ay no~e or here~n to ~At contrsry eot~•uhsland~n~. V 1 TAat ~n ixde~ to accela~te the maw~~~Y o( tAe ~ndeptedness hereAy secwed, because u( tAe ta~lure ot the ~1«tsa~w ~o paY ~~Y ~~t. asse.sment, I~ab~i~ly. obl~ptim .x rc.um~+ance •pan sa~d p~oper~y, as he~e~n prov~ded. ~t shall not be ne~es~ary a requ~s~~e tl~at ~he rwx~~s~ee shall fuct pay the sase. 2. The \brtgagee may, at his optio~. and without waiving his right to accelerate the indebtedness hereby secured and t~~ forecl.~se the same, pay either before or after detinqu~ncy any or all of those certain obligations requir~d by the terms hereof to be paid by the Nort6agor for the p~otection of the me~rt6age secucity or for the col- lection of tht indebtedaess hereby secuced. All sums so advanced or paid by the `lortgagee shail be charsed into the martgagr acct~unt anJ become an imegral part thereo[. sub~ect in all respects to the terms, conditions, and cuvenants of th~ a[oresaid pn~missory note, and this mortgage. as fully and to the same extent as though a part of the original irniebtedness e.idenced by said note a~d secured by this mortgage. excepting howevec, that said sums shall be repaid the !1lortgagee forthwith upon its demand and be in addition to the regular monthly install- mer.ss ~ruvided by the mortgage note. 3. That the abstract ur abstracts ot title coverin~ the mortgaged pro~rty shall at all times. dur~ng the life of this rn~rtgage, remain in ~+ossassio~ of the !1lortgagee and in event of the forectosure of this mortgage or other transfer of title to tha mortgaged property in extin6uishment oi the indebtedness secured hereby. ail right, title and interect of the ~lartgagar in and to any such abstracts of title shall pass to the purchaser or grantee. To the extent of the indebtedness of the Mortgagor to the 111ottgagee described herein or secured hereby, the \lortgagee is hereby subrogated to the lie~ or liens and to the rights of the ownets and holders thereof ot each and every mortgage, lien or other incumbcance 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 or secured hereby. and the respective liens of said mortgages, liens ar other incumbrances, shall be and the same and each oC them hereby is preserved and shall pass to and t~ held by the tilortgagee herein as security (or the indebtedness to the Mortgagee herein described or hereby ~ecured, to the same extent that it would have been preserved and wonld have been passed to and been held by the ~1ort6agee had it been duly and regularly assigned, transferred, set over. and delivered unto the !?1ort- gagee by separate deed of assignme~t, 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 thereuf at or about the time o[ the recordina ot this mortgage: 5. In the event the ow~netship of the moctgaged.ptemises, ot any part thereof, becomes vested in a person other than the \lortgagor, the ~Iortgagee may, without notice to the Mortgagor, deal with such successor or suc- cessors in in~etest with reference to this deed and the debt hereby secured, in the samcmanner as with the Mort- gagor without in any vray vitiating or discharging the ~fortgagor's liability hereunder or upon the debt hereby secured. No sale of the ptemises hertby mortga6ed and no [orbearance on the part of the Mottgagee. and oo ex- tensicx~ of the tim~ fot the payment of the debt hereby secured giv~n by the lNortgagee shall operate to release, dischargt, modify, change or a[fect the original liability of the Mortgagor 6erein either in whole or in part. 6. Thc lie~ of this deed secures and shall continue to secure payment of said indebtedness ot indebted- ; ness. however evidenced, whcther by said promissory note or any renewal or extension thereo[ or substitute there- for, or otherwise. until all such indebtedness shall have been fully paid. 'l. In ~he e~•en~ the mortgagors sell, convey or transjer the mo~tgaged premises during the liJe of this mort- ~aRe, then this rreo?tgage shall. at the optiort oJ the !IfortRagee herein. become inunediately due and payable Jor rhe full sum oj ~he principal balance and inte~est then due. 8. The tenns "111ortgagor" and "tilottgagee" whenever used in thic instrument shall include the heirs, personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular - number shall include the plural the plutal the s:ngular, and the ust of any gender shall include atl genders. igned, sea 1 ered e presence of: (Seal) rt~ ` 'c-rC~ '~``f-t-~~t (Seal? ~ .:~~a~. ,~~1~ ~C. :-,r dKt i STATE OF FLORIDA I COUNTY UF ~ ` ~S ST. LUCIE Before me personally appeared HENRY TAYlAR and JULIA TAYIAR, t1~s Wife ~ to me well known and known ~o me to bt the individuals desctibed in and who executed the foregoing insttument, and ackn~wledged before me that they e~cecuted the same 1'or the purposes thetein expressed. WITNESS my hand and official seal in the County and State last aforesaid this 3rd Day Of JLlly~ 1974 - ~,tit~til:s~ t?~~iqj~~~`~. . ~ . . ~ ~•,..~rf ~ V J' ~ - June 30, 1975 Florid ' r ~+fy Commission Expires: Notary P~htic, State of _ ~ ~ " = _ . ~ ~ : ~Y' ,;L~ NEC~30f0 • _ ~.,e'~ FllfD ~ % ~ 1.0..~-.-; ST.IUCtc COUMTY ft~. : - ; -;`Y, - ~~.R~~ ROtEn ~:.1i4i?S _ . ~,c, . CLERr C ~ :C UIT COUaT ~ ~':~G~~~'•••....•••'-; , • . r.z' . RECrF.~ '/EwtG.= ~M 11 " 13 1l~ 600K~~•rt2 .°ACE23~4 ~IW. 28'7049 - ~ - - : ~1 ~ ~ S~ +~..j i