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Home My WebLink About2577 Our fi]e 5-30, 3~0 ~Ai~ mw~t~pr w~.tAr~ uan.ie~ ot u11c ta ~he munra~~d propc~q ~n e?unXu~~hment ul ~hc ~ndtAtednec? ~e. u~rd ~ece~). ~11 t~RAt, uNt ..nd ~nte~e~~ .,1 ~he No~ir+tw ~n •nd tu aov ~nswan.e pul~c~ec s~cn ~e (wct .hall pa.s lo tAe pu~:Aaser ur ~un~ee. (AI Tu prrt.rm. .wnpl> With aod aMde b~ oach a~ eccry the u~pul~uuns. a~rcementc, cu~d~~~~. .nd ca~en~atc in ~~id p~umi.sory no~e arnf ~n ih~. JerJ .c~ to~tA. t~t~ten J~y~ ne~t al~tr (~l Thst d any a( .a~d sum. ut mone) hr~c~~ ~eler~rd t~~ At nut ptwaptly an~1 (ull) Pa~d ~~iAin the sa~at st~euily be~.Hnes Jue ~nd D~YsAle..r d e~:A and everY ~he supulauons. a~~eemcnl~, .undiuo~. ~nd co~enants o( said p+wn~~- saY nott arn! lh~a Jeed. ur eitAer. sre not (u11Y P~rtormed. c.~spl~eJ ~~th and ab~ded A~, ~he .a~1 a~~rora~~ sum menu.x~eJ ~n s~~d pwn~csorf note chril becwne duc atW pa>~ble (cxtA~~tA .w Iherea(~er at tAt ophir+ o( ~Ac \1w1Ea~ee aa (ully ~nd complNely as ~f tht .aid a«re~~1e sum of sa~d pturt+~.~ury' nntt +rac onpnall> sl~pulated to be Aa~~1 ~ suc~ daY. anyth~n~ ~n sa~d pt~m~s~uty notr ~x Aete~n t.~ ~he conuary not~~tAsland~nR. (,i 1 That ~n order to accele~ste the matunty of ~Ae mdeb[edness herehy .e~wed. hccause at tAc (a~lute ot the \IcxtRa~w pay a~y tr~, •c.e.smen~, I~aMluv. nt+l~Rsu.~n ~v rn~umbrance upun +a~d p~„pcr~y, as Aercm pro~~ded. u chall not be ne.ex.ary a re~u~sue that tAe m.Kt~aRee .Aall hr.~ {+aY tAt same. The \kxtgagea ma~•, at his opt~on, a~x! without wa~v~ng his right to accelarate the indebtedness hereby serured arni tu forecluse the .ame, pa}• eithtr beforc or after drGnquzncy any or all of those cettain obligations required by the terms hereof to be paid b~ the \lottgagor f~~r the prottction of the rn~ttgage secutity or for the col- lect~un ~~f tht indebtednecs hereby szcurrd. All ~ums so advanced oc pa~d b~~ the `lottgagee shali be charged ~nto the m~~rtgagz account and become an ~~tegrai part there~f, sub~zct in all tespects to the term~, conditions, and cuvenants oi~ the af~~resaid prumiss~ty notz, and this mortgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said note and secured by this martgage, excepting howevet, that said .ums shall be repaid ~he \lottgagee forthwith upon its demand and be in addition to tht regulat monthly install- mtnts provided b~• the mortgage nott. 3_ That the abstract or abstracts of title covering the mortgaged property shall at all times, during the life .•f this rtx~rtgage, remain in ~x~ssess~on of the Vortgagee and in event of the foreclosure of this mortgage ot other transfer af title tu the mc~ttgaged property in eatinguishment of the indebtednecs secured hereby. all right, title and intere.t of the \lortgage~r ~n and to any such abstracts of title shall pass tu the purchaser or grantee. ~1_ To the extent uf the ~ndebtedness of the Nottgagor to the'.1lortgagee described herein or secuted heteby, the \toregagee i~ hereb~• su~~ogated to the lien or liens and to the ~ights of the ownets and holders thereof of each and evety mortgage, l~en or other incumbrance on tht land deseribed herein which is paid and.'or satisfied. in whole or in part, out of th~ proceeds of the loan described herein or secured hereby, a~d the respective liens of said mottgages.liens or other ~ncumbrances,shall be and the same and each of them hereby is preserved and shall pass to and be held b> the ~lortgagee herein as security for the indebtedness to the Alottgagee herein described or hereby ~ecured, to the same extent that it ~ould have been preserved and wuuld have been passed to and been held by the \lortgagee had it been duly and re6ularly assigned, transfetted. set over, and del~vered unto the A1ort- gagee by separate deed of assignment, notwithstanding the iact 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 cecord by the holders thereof at ~~r about the ume of the recording of this mottgage. - 5. In the event the ownership of the mortgaged premises, ot any part thereof, becomes vested in a person ~ther than the ~1~~rtgagor, the \tortgagee :nay, vvithout notice to the Nottgagor, deal with such successor or suc- cessors in interest Nith reference to this deed and the debt hereby secured, in the same manner ss with the \lort- gagor K•ithout in any Nay vitiating or discharging the Alortgagor's liability hereunder or upon the debt hereby secured. No sale the premises hereb~ mortgaged and no fotbear~nce on the part of the !~lortgagee, and no ex- tension of the time for the payment of the debt hereby secuted given by the !1lortgagee shall operate to release, discharge, modifp, change or affect the original liability of the ~lortgagor here~n either in whole or in part. 6. The lien of this deed secures and shall continu~ to secure payment of said ir.debtedness or indebted- I ness, however evidenced, whether by said prumissory note or any renewal or extension thereof or substitute there- E for, or utherwise, until all such indebtedness shall have been fully paid. ` 7. In Ihe cvent ihe mortgago?s sell, com•ey o~ t~ansjer the mortgaged premises during the lije oj thes mo?t- QaRe. then this mortRaQe shall, at the oprion oj ~he 1fo~tRogee herein, become immediotely due and payable Jor ~he Jull sum of the pnncipa! 6alancP and ~nterest ?hen due. 8_ The terms "~Sartgagor" and "MortEagee" whenever uscd in thic instrument shall include the heirs, personal representatives, successors and as~igns oi the respective patties hereto. w~herever used the singular number shall include the plural and the plural the s~ngular, and the use of any gender shall include all genders. / - S~ ~J, seale and iv ed the p ence of_ ~ ` (Seal) ~ ^ ~ - . ~~t~4~..~, ~'"~l (Seal) ~ L f c . / _ " _ r STATE OF FLORIDA I ~S COUNTY OF ~ ST . I.UCIE ~ Beiore me aersonally appeared JAMES V. ROGERS and CORINE I. ROGERS, h1S Wlfe, 5~}~ to me well know~n and known to me to be the individuals described in and who ezecuted the fotegoing ~nstrument, ~ and acknowledged before me that they eaecuted the same fot the purposes there~n expressed. WITNESS my hand and offic~al seal ~n 1he County and State last aforesaid this 3rd Day Of Jlll}~, 1974 ::~~ri~rq a` , ~ i • . - .Lty Commission Expires: June 3O, 1975 Notary Public, Statc of Florii~ e~~•'•` f «EU~'-' ; = : i : . - r~ ~ ' ST.I _ ,,tAPS ~ / : ~ r: ::1. Pv~'E ~ ~_T C4~~ ~ ' ' • • Cl~::r. : i:.0 ~ ' , ` a ~ ' : ~ f ' F ~ ~ ~11L ~ ~ ° R 229 PAG~ 2577 ' 2~3'7~~4 sooK ~ _ - - - - - ~ ~ , ~ ~ v_. ~ ~ . _ . ~ _ ~ ~-.~n