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Home My WebLink About0165 Our File 5-30,42: ih~. mo~t~ea~t. .w u~hr~ uan.lc~ ol ~~~le ~u ~hc mor~~a~cd popc~ty m cwunRu~~hment ui ~hc ~n,eAtedne,..ew~ed Ae~ehy, aU n~ht. ~~~le aed ~niere.t ui the ~I~aiYasw ~n and ~u any ~nsu~an~e pul~c~es then ~n Iwce shalt paas to ~he purch~.er or ~r~n~ee. (A/ Tu prrla m. .~~enptY ~~th and abide by each and e~erY tAe cl~pulau.x~s. a~ree menis, cundu~on~ rnd co~tneof. ~n s~id ptum~.sc.~y . note and ~n th~. derJ .r~ Io~tA. (~1 That ~f any uf said sum. ul mone) hrrt~~ te(rttrd to De nut prwnp~ly and (ully paid ~~tAm hfteen Jays neit a(~er ~he same severally be~umes Jue am1 paYaAle.M d each and every IAe supul~t~ons. a~ttemrn~s. cund~lwns and covenants of ss~d pranis- sorY oo~e snd thu deed, o~ euher, sre not fully perfwmed, c~NeDl~ed w~tA and ab~ded hy, ~he .a~d a~t~re~atr sum menuoned m satd pnxn~ssot> nute shali became due and pay~ble for~h~uA or ~Aereafter at tAe ophon ot the \IortRasee as fully and completely as the sa~d aj~re~ate sum of sa~d p~om~c.tx~ eote was w~~~nalb' s~~puiated to Ae ps~d on sucA dsY. aM•~~ns m sa~d pran~ssory oote or here~n ~A: (~?.That ~e orde~ ~o accelerate ~he matur~ty u( tht mdebtedness heteby secuted, hecause uf tAr (silure o( ~Ae \iwt~a`or iu pay any ta*, asse~sment, IuA~l~ty, obl~~auoe ~x .n.umbrance upon sa~d prope~tY, as here~n pruv~ded, u chall not bt nece~>ary a requ~site that ~1e mor~~a~ee shail fus~ pay ~Ae same. 2. The \tottgagee may,•at his option, and without wa~v~ng his right to accelzrate the indebted~ess hereby secured and to forecl~~se the .ame, pay eithet befote ot after delinquency any or all of those cettain obligations ; required by the terms hereof to be paid b~ the ~lortgag~r for the protection of the mortgage security or for the col- lection of the indebtedness hereby secured. All sums so advanced or paid bp the ~lortgagee shall be charged into the mottgage account and become an integral part thertof, subject in all respects to the terms, conditions, and covenants of the a(oresaid promissory nott, and this mortgage, as fully and to the same extent as though a patt of the o~iginal indebtedness evidenced by saiJ nate and secured by this mortgage, excepting however, that said sums shall be repa~d the Mortgagee forthwith upon its demand and be in addition to the regular monthly install- ments pravided by the mortgage note. 3. That the abstract or abstracts ot title covering the mortgaged property shall at all times, duting the life of this rtx~rtgage, remain in passess~on of the !1lortgagee and in event of the foreclosure oC this mortgage or other translet ol utie to tne mor[gaged proPerty in exti~~~;~ia i~icrt ~i i3~~ ~~~~~b.e3r.~ss ;JV~r~1\V3 l:~:~by. a!! t:ght, tiilr and interest of the \lortgagor in and to any such absttacts af title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness o[ the Mottgagor to the Mortgagee described herein or secured hereby, the ~tortgagee i.s 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 incumbtance on the land described herein which is paid and!or satis[ied. in ' whole or in part, out of the praceeds of the loan described herein or secured hereby. and the respective liena of - said mortgages. liens ot other incumbrances, sfiall be and the same and each of them hereby is presetved and shalt pass to and be held by the 1lortgagee herein as security for the indebtedness to the Alortgagee fierein described ' or hereby secuted, to the same eztent that it w~ould have been preserved and would have been passed to and been held by the ~lortgagee had it been duly and tegularly assigned, ttansfened, set over. and delivered unto the Mott- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelted of record, it being the intention of the patties heteto that the same will be satisfied and cancelled of record by the holders thereof at or about the time of the tecording of this mortgage. 5. In the event the ownership of the mortgaged pte~nises, or any part thereof, becomes vested in a person other than the ~lortgagor, the ~lottgagee may, without notice to the' Mortgagor, deal with such successot or suc- cessors i~ interest ~ith reference to this deed and the debt hereby secuted, in the same manner as with the hlort- . gagor without in am• way vitiating or discharging the Mortgagor's liability hereunder or upon the debt herebp secured. No sale ~~f the premi~es heteby mottgaged and no fotbearance on the part of the Alortgagee. and no ex- j tension of the time fot the payment of the debt hereby secuted given by the !Nortgagee shali operate to release, ~ discharge, modiiy, change or affect the original liability of the Mortgagot herein either in whole or in patt. ~ 6. The lien ~~f this deed secures and shall continue to secure payment of said indebtedness or indebted- ~ i ness, however evidenced, whether by said ptomissory note or any renewal or extension thereof or substitute there- s E for, or otherw~se, until all such indebtedness shall have been fully paid. ~ ! 7. /n Ihe evenr rhe mortgaRors sell, convey or t~ansjer the mo~tgaged premises du?ing the lije oj ~his mort- ~ RaRe, then this mortgage shall, at the oplion oj the AlortRaqee herein, become immediately due and paya6/e jor the Jull sum oJ the p?incipaf balance and interest then due. 8. The tertns "Alortgagor" and "hlortgagee" whenever used in this instrument shall include the heirs, personal representatives, successors and assigns of the respective parties hereto. Wherever used the singulat number shall include the plural and the plural the singular, and the use of any gendet shall include all gendets. ~ , ~ ^ S~gn , sealed re n t pre nce of: G''~~~~ - f. ~ ~ • ` , - ~ - (Seal) £ ~ L ~ ~~~L«~ ~JJ ~ ~ ' - - ~ STATE OF FLORIDA I ~ COUNTY OF Q~i~'C ~ ~S ~ BToreLme plEonally appeared CNARI.ES HENRY JONES atld MARY JONES~ his wife~ ~ ' to me well known and known to me to be the individuais described in and who executed the fot~going insttument, ~ and acknowledged before me that they executed the same for the purposes therein expressed. WITNE~S.tp~ hand ~ and a~f~cial seal in the County and State last aforcsaid this 13th Day of July, 1974~;^``'.. ~ . ti . . , : . . ' , _ ~ _ _ : ~ _ ~ . - • ~ - = ; : : ~ty Commission Expires: .IuR@ 3O ~ 1975 Notary Public, State of F r~ Z'' fIIEU Ak.: ~[L~;~tUED : • : ' - ~ . ~ 57.LU:.~C :+~UhTT FLI~. , ~ ` . . _ > ~ RO;,_ -?1~~R~ ~ 4i,~~,•„ -~•y~ .ti' . ? 3 C~ F~•t : J11 CCL'P.T y ~~~f,~~~ . ~u~n:•,•.- ~ ` Ff~' . . . =C' f' n . _ i ~ y 3~ aH ~a f..r~~~s~ ~ ~ BCOK ~~JU PAGE 111J ~ ~ ~ - : - - - - ~b..._.. x - - _ . , __ti . . _ _