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Home My WebLink About0162 ~ pu r File 5-30,417 ~h~. m.u~ea«c .r uthr~ uanc(r~ ot ~dle w the mo~tYaYed pope~ty m extm~u~shmen~ o~ the indebteJnesa ~ecurrd ~ereby, rU neAt, h~le rnd ~ntcre~~ ~Ae A1~ut~a~w ~n ~nd to any ~~sutance ~+olic~es ~Aen ~n lace shall psss to lAe purcMser or ~rantee. (h) To ptt~irm, c~rnply +~th ~nd ab~de by eacA and erery ~Ae sl~pulahons, a~rcements, cond~huns and covenan~s ~n sud prum~csory no~e and m ~A~. derd .r~ (o~th. (~1 That ~1 any uf ~a~d sumc u( monry he~e~n tetet~rd to be not P~~D~~Y (e11Y D~~d ~~~hin fi(~een days oexl a(~er thr same sevenily becomes due and paYable,or ~f eacA and every t~e st~pul~uons, a~reemrnts, cond~t~ons and co~en~n~s o( sa~d pran~s- ~ say eote and this deed, or euher, arc ~ot fully per(oraed, ci~mDlied w~th and aD~deA by, ~he +a~d aRirepte sum menuoned m sa~d prWmssory nute shall become due anA payable f«th~uh or there~(ter at tAe opuo+? o( the No~ISs~ee as tully and completely aa ~f the ~a~d a«re~ate sum of sa~d ptomicsory no~e ~rss ons~nally shpulated to be pa~d on sucA diy, anyth~n~ ~n sa~d prom~ssory note w Aerem .....,.•..ti<~...a.... ? That m orda to accelerate tht ma~urrty o( lhe indebtedness hereby secwcd, because o( tAe (a~lure o( the Mw~~a~or to pay any ~a~, acse~sment, Lab~lity, obl~~a~~on ~x rn~ua~brance upon sa~d property, ss herc~n provide0, ~t sAall not be neces~a~Y a reQu~s~~t lhat tAe mortiaRee shall f~rs~ psy tAe same. 2_ The ~lortgagee may, at his optio~, and without w•aiving his right to accelerate the indebtedness ~hereby - secured and tu foreclase the same, pay either before or after delinquency any or all af those certain obligations ; required by the terms hereof to be paid by the Alottgagar for the protection of the mc~rtgage secwity or for the col- ? lertion of the indebtedness he~eby secured. All sums sa advanced or paid by the Mortgagee shall be charged into s the mortgagr account anJ become an integral patt thereof, subject in all respacts to the terms, conditions, and c~~venants oG th~ aforesaid ptom~ssory note, 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 mortgage. excepting however. that said _ sums shalf be cepaid the Alortgagee totthwith upon its demand and bt in addition to thc regulat monthly install- ments provided by the mortgage note. 3. That the abstract or abstracts of titfe covering the mortgaged property shail at all times. during the life of this mortgage, remain in passession of the Moctgagee ar~d in event of the foreclosure of this mortgage or other - trans~er oi titie to th~ martga~eci ~t~perty ir ~~ctir?~ussh~~nt af thc iadtbtttlntss secured hereby. a!1 tight, tetle and interest of the ~tortgagor i~ and to any such abstracts of litle shall pass to the purchaser or grantee. 4. To the extent of thc indebtedoess of the Mottgagor to the Mortgagee described herein or secured hereby, the ~tortgagee is hereby subrogated to 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 proceeds of the loan describcd herein or secuted hereby. and the respective liens of said mortgages, liens or other incumbrances, shall be and the samt and each of them heteby is preserved and shall pass to and l+e held by the ~lortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same exttnt that it yeould have been preserved and would have been passed to and been hetd by the !1lortgagee had it been duly and regularly assigned, uansferted, set over, and delivered unto the INort- gagee by separate deed of assignment, notwithstand~ng 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 satistied and cancelled of recotd by the holders thereof at or about the time of the recording of this mottgage. 5. ln the event the ownership of the mottgaged premises. or any part thereot. becomes vested in a person other than the Vottgagor, the ~lortgagee may, without notice to the hlortgagor, deal with such successor ot suc- cessors in interest N~ith teference to this deed and the debt hereby secured, in the same man~er as with the hlort- gagor without in an~ way vitiating or discharging the Mortgagor's lisbility hereunder or upon the debt hereby secured. No sale of che premises hereby mortgaged and no [orbearance on the part of the Mortgagee, and no ex- tension of the time [or the payment of the debt hereTiy secuted given by the titortgagee shall operate to release. ! discharge. modify, change or affect th~ original liability of the Mortgagor herein either in whole or in part. i 6. The lien of this deed secures and shall continue to secure payment of said indebtedness orindebted- ; ~ ness, however evidenced, whether by said ptomissuty note or any renewal ot extension thereof or substitute thete- ; i for, or otherwise, until all such indebtedness shall have been fully paid. ; 9 7. /n the e.•enr the mortgagors sell, convey or transjer the mortgoged prernises during the liJe oJ this mort- - F qaRe, then this mortgage shall, ot the oprion oJ ~he Alortgngee herein. 6ecome in~mediately due and paya6le for the ~ (uU sum oJ the pr~ncipa! balance and interest then due. _ ~ 8. Tht terms "Mortgagor" and "Mottgagee" whenever used in this instrument shall include the heirs, .r ~ persona{ representatives, successors and assigns of the respective pazties hereto. VYherevet used the singulsr ; ~ number shall include the plutal and the plural the singular, and the use of any gender shall include all genders. ~ ~ - ~ ~ ed, se de e d in the presence of: ~~c~7 g- (Seal) ~ ~ L ~~-F _ (SeaU ~ ' ' , ~ `~«<L- - ~l: , s~__-s S ~ ` s ~ STATE OF FLORii)A I ~ ~ COUNTY OF ~ ~ ss h ~ S Be(aLe me personally appeared SAM ANDERSON and ANNIE ANDERSON ~ his wife, to me wetl known and known ta me Co be the individuals described in and who executed the foregoing instrument, ~ and acknowledged before me that they eaecuted the same for ihe purposes thetein expcessed. WITNESS my hand s fr; and off~cial sea{ in the County and State last aforesaid this llth Day of July, 1974 ~ ~ ` •~rc.,,~. , i, ~ ~ . - , . . ~ • ~ Ny Commission Expircs: JuRe 3O 1975 Notary Public, State of FlOr~d8 St ~ ` ~ ~ _ . ~ - ~ _ ~ ~ ' C'~r. . ' ; ' f~~EO ~v~. ~~coa~EO - ; ~ • ; - ~ , ~TY ~lA. - . , " g.~: ST.LU~;c :.'U ry 7 . . ~ ~ RQG~= : ~,.RRS ~c,•~! pn ~ CtERr. ~ GOURT ~ 6C7V ~ p : r y c f . ~ • ' • i•• ~ ~~~~rn}}•• ~ ,~u~ C~ 9 3z aH'~~ ~ BooK ~ ~ 162 , ~ - . - - ~ ~ - ---s _ ~ _ _ . _ . _ .a. 5~ ~ ~ ~ ~