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Home My WebLink About0769 Our File 5-30,480 i~~. m~~nrayte .M a~Arr uaoslr~ u( utlc to the mo~~ra~{ed ptoperiy m eaunRwshment u~ ~Ae ~ndcbudne.. .e.u~rd Ae~cn>. ,,11 ~~~eAt, u~lc aepl ~n~eu.t of tAe \1u~~ra~ur m~nd to any ~nsurance pol~c~es ~hen ~n (utte sAall pass to Ihe purchaser w`un~ee. (A) Tu pr~t~Mm. caxnplY W~th •nd ab~de by each snd every tAe st~pulat~ons, streements, cond~t~uns ~nd co~enan~. ~n sud prum~.so~y note and ~n ihi. derd +e~ (oriA. 1 TAa~ any nf ~a~d sums uf money he~ein re(crrrd to be nut prompUY ~~~~Y P~~d ~~~h~n hfleen Qsys ne~t at~er the same sevenlly becomes Jue snd pariAle.or J eacA and everY tAe sUpulanons. ~~~eemenu, c~~nd~t~ons ~nd covenants of ss~d praa~s- say note and tA~s deed, or either, are not fu11Y D«(ap+ed, comPlwd ~~tl+ aod aA~ded by, the .aid se~rc~ate swn menuoe~ed ~n sa~d pramssorY note shall becaae due and paY+ble (ortA.~tA a ~hereaftcr at the opt~on o( the No~t~atee as (ully and completely as the ..r ...n M~YO~[Q~VY neie Was w~e~nallY s~~Dul~~ed to be pa~d on such daY. ~nY~~n~ m sa~d prom~ssory note or he~e~n to,~Ae conlrary not~•uhstand?nE. - Q 1 Thai m order to acceler~te tAe mawntY o( thc mdebtedoess Aerrby secured, because o( tAe (a~lure ot tAe ~lonsa~w iu pay anY u~. assessment, IiaMGty. ob~~tatio^ ~u encumDrance upon sa~d p«pe~ty, as herem prov~ded, sAall not be necescary or reqws~te that the mw~~aEee shall hrs~ pay the same. 2. The ~lortgagee may, at his option, and without wai~ing his right to accelerate the indebtedness hereby secured and ta foreclose the ~ame,~pay either before or after delinquency any or all of those certai~ obligations : required by the terms hereof to be paid by the ~lortgagor for the protection of the mortgage security or for the col- ' lection of tha indebtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into the mortgage account and hecome an integral part thereof, subject in all respects to the terms, conditions, and covenants oG the a~oresaid promissory note. and this mortgage. as fully and to the same extent as though a part o( the otiginal indebtedness evidenced by said ~ote and secured by this mortgage, excepting however, that said sums shall be repaid the !?lottgagee fotthwith upon its demand and bc in addition to the regular monthly i~stall- ments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged property shall at all times. during the life vi ii::~ ri%::p:.e~, !n ~u?ccrccinn ~f ~he Alortgaeec SOd ifl CVCflI of the foteclosure of this mortgage ot ather _ transfer of t~tle to the mortgaged property in extinguishment ot the indebtedness secuted hereby. all ri~ht, titfe and interect of the ~lortgagor in and to any such abstracts of title shali pass to the pur~haser or grantee. To the extent of the indebtedness of the Mortgagor ta the Mortgagee described herein or secured hereby, the !1lortgagee is hereb~ subrogatcd to the lien or liens and to the rights of the ownets and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and!or satis[ied. in whole or in part, out of the proceeds of the loan described herein ot secured hereby. and the tespective liens of said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the ~lortgagee herein as security fot 1he indebtedness to the Mortgagee herein desctibed or hereby secured, to the same extent that it would have been pteserved and would have bee~ passed to and been held by the !1lortgagee had it been duly and regularly assigned, trans~ened, set over. and delivered unto the Mort- . gagee by separate deed of assig~mcnt, notw•ithstanding the fact that the same may be satisEied and cancelled of record, it be~ng the ~ntcnuon of th~ parties hereto that the same will be satisfied and cancelled of record by the holdets theteof at or about the time of the recording of this mortgage. 5. In the event the ownership of the mortgaged premises, or any part theteof, becomes vested in a petson other than the ~lortgagor, the Mortgagee may, without notice to the Mortgagor. deal with such successor or suc- cessors in interest N~ith reterence to this deed and the debt hereby secured, in the same manner as with the Mort- gagor without in any way vitiating or discharging the titortgagoc's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mottgagee. and no ex- tension of the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release. ! discharge. modify, change or affect the original liability of the Mortgagor herein either in whole or in part. ; 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ~ ness. how~ver evidenced, whether by said promissory note or any rencwal or extension thereof or substitute there- ~ fot, or otherwise, until all such indebtedness shall have been fully paid. ~ 7. /n rhe even~-the mor~gagors sell,"convey or transJer the mortgaged prernises during the liJe oj this inort- ~ gage, then this mo~tgage shall, at the option oJ the Alortqagee herein, become immediately due and paya6le /o~ the ~ jult sum oJ the pr~ncipal balance and interest then due. ~ 8. The terms "Mortgagor" and "Mortgagee" whenever used iq this instrument shall include the heirs. personal representativ~s_ successots and assigns of the respective patties heteto. Wherever used the singular number shall include the plural and the plural the singular, and the use of any gender shall include all genders. ~ " Signed sealed a de 'vere ~ the presence of: J~l~% ~ ~ Seat) ~ ~ , ~ C-C tv < <-G~-G 'te~ 1SeaU ` i j ) j,_ - ~ ,,,f«« _ ; i ~ , ~ STATE OF FLORIDA I COUNTY OF~ ~ SS wife ~ ST. ~UCIE efore me personally appeared CHARLES P. CRAWFORD atZd PATRICIA A. CRAWFORD ~ his / ~ to me well known and known to me to be the individuals described _in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therem expressed. WITNESS my hand ~ and official seal in the County and State last aforesaid this 20th Day of July, 1974 ~ti . ~ . June 30 1975 F1 ~ ~ ~ly Commission Expires: ~ Notary Public, State of _ _ ~ ::~o . ~ ~ - - - ~ - •,tcDE~ / . , ~--•a'•'; - ~ FILEO .:LKS`f fLA. / _ ~ . :t~ : ~ _ ~ Sj Puf - ' -^~nUat I~UOL66 ` ~ + . 3 ~~~r.~ - •,li••:. ~ , ~ " . ~i~,. ' T': • `~~.i ~Frr~:- - ' •'v~ 7 ~'r... ,1u~ 2 os PN'~'~ ~ R . PAGE 769 "y'; B4GK~O - - - - - _ _ . - - ~-..w, - -