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Home My WebLink About2191 Our File ~-30,586 tAi. mo~~~~Ke .w .~~hr~ tcan~fr~ ~~t t~Ur w ~ht mu~~sa~cd pope~ty ~n eauniuiahment ui ~Ae ~ndeDtcane+..c:wcd hc~c~1. +li i~~ht. ~~cic ~nd ~Mere~t ui ihe A1ait~a~.N ~n and ~o any ~nswanct pol~c~es then ~n torce sAall paas to ~hc Pu~aA~acc o~ Runive. (h) To parlwm. ~ump1Y ~~th and ab~1e by esch and everY lAe sUpulauons. s~reemen~s. co~du~oe+ •nd coven~et. ~n ~~id p~vm~~~oty note and ~n iA~. derd +e~ (ortA. td~een ~~ys ne~t sller l~ 1 That ~I any u( ~s~d sumc ul muneY Aere~n iefe~rrd to be not ptoa~ptlY and fully pa~d ~~~A~n lhe same seve~ally Eecomes Jue and paYable.or ~t eacl+ and evecy the s~~pulat~ons. ~~reementc. cond~~~w+a snd covenanls of sa~d pau~s. say note and th~s deed, or euher, a~e not (ully performed, caaplied w~tA and abeded by, ~he ~a~d a~te~ate sum ~r.ent~ooed ~n sa~d pran~.sorY note shall become due and paY~61e tor~Avr~tA or there~(ter at the op~~on of ~he A1wt~a~ee ss fully and comple~elY as ~t tAe sa~d a«resa~e ~um o( sa~d pr~eniccaY note wss a~~~na11Y s~~pulated to be pa~d on such d~Y. aoyth~n~ ~n ss~d pran~saory oote or here~n to the conuary no~M•uhslandme. 1 TAa~ in ada lo accelerate tAt maw~~ty o( the ~ndebtedness Ae~eby secured, because ul tAe (a~lure o( the Mataa~or to pay any u~. •sse.sment, I~ab~luy, ubl~ssuon or oncua+brance upon s~~d prnperty, as he~ein prov~ded, shall no1 ~e neces~ary or reQu~site ths~ tAe mouEa[ee shall hrs~ psy the ssme. 2. The ~tortgagee may, at his option. and without wa~ving his right to accelerate the indebtedness hereby szcured and tu [oreciose the ~ame, pay either before o~ after delinquency any or all of those certain obli6ations required by the terms hereof to be paid by the \~ortgagor for the protectio~ of the mc~rtgage security or for the col- lection of the indebtedness hereby secured. All sums so advanced or paid by the Mortgagee shall be charged into the mortgage account and become a~ integral part thereof. subject in all respects to the terms, cond~tions, and covenants of th~ aforesaid promissory note. and this mortgage, as ~ully and to the same extent as though a part af the originai indebtedness evidenced by said note and secured by this mortgage, excepting however, that said sums shall be repaid the Piortgagee forthwith upon its demand and be in addition to the regular monthly install- 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 oi this mortgage, 12tii~it-1 iii ~~~~i~~~~= af thr !~lcsiigaget and in ev~nt of the foreclosure of this mortgase ot other transfer of title to the mortgaged property in eatinguishment of the indebtedness secured hereby, all right, title and interest of thc ~lortgagor in and to any such abstracts of title shall pass to the purchaser or grsntee. 4. To the extent of the indebtedness of the Martgagor to th~ Mottgagee described herein or secuted hereby, the Atortgagee 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 hecein which is paid and~'or satisfied, in whole or in part, out of the proceeds of the loan described herein ot secuted hereby. and the respective 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 Mortgagee herein as security for the indebtedness to the Morigagee herein described or ~iereby secured, to the same extent that it wouid have been preserved and wauid have btee passed to and been held by the ~lortgagee had it been duly and regularly assigned. transfened, set aver. and delivered unto the Mort- gagee by separate deed of assignment, notwithstanding the fact tt~at the same may be satisfied and cancelled of record. it being the ~ntention of the parties hereto that the same will be satisfied and cancelled of record by the holders thereof at or about the time of the recording of this mortgage. 5. In the event the ownerst~ip of the mortgaged premises. or any part thereof. becomes vested in a person _.L_... _ ~i......e~... .1.~1 ~v~r6 cn~h snccecctx or suc- othet than the !~iottgagor. the-~io[~gagee may. ~~uw~. ~~~:~c~ Nib .~~~••b-e~•. - cessors in intetest K~ith teference to this decd and the debt hereby secuted, in the same mannet a5 with the Mort- gagor without in any way vitiating or dischatging the Mortgagor's liability hereunder or upon the debt heteby secured. No sale of the ptemises hereby mortgaged and no forbearance on the part of the Mortgagee. and no ex- tension of the time for the payment of the debt hereby secured given by the Mottgagee shall operate to release. discharge, modify. change or a[[ect the original liability of the Mortgagor herein either in whole or in part. 6. The lien o[ this deed secures and shall continue to secure payment o[ said indebtedness or indebted- I ness. however evidenced. whether by said promissory note or any renewal or extension thereof or substitute there- j for, or otherwise. until all such indebtedness shall have been fully paid. j 7. /n the event the mortgagors sell, convey or transje? the mortgaged pren~ises during the lije oj this inor~- Y gage, then this mortgoge shall, at the option of ~he Afortgagee herein, beco?ne irnniediately due and pnya6le Jor the Jul[ sum oJ the p?incipal balance and interest then due. 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, personal representative~, successors and assigns of the respective parties hereto. Wherever used the singular number shall include the plural and the plural the singular. and the use of any gendet shall include all gend~rs. ~ Signed. ea{ed and de e the e nce of: (Seal) ~ ~Seal) . ~ .«c e~ ? STATE OF FLORIDA I - ~ SS COUNTY OFR~PJE ST. LUCIE Beforc me personally appeared ROOSEVELT DUNCAN and ANNIE DUNCAN, his wife, to me well known and known to me to be thc individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes there~n ezpressed. WITNESS my hand ~ and of~icial seal in tho County and State last aforesaid this 20th Day Of July, 1974 ~ ~ ~ ,:~~<<•,,, ~-s _ - _ _ . ~ • ~ \~ly Comm~ssion Expires: Tune 3O~ 1975 Notary Public, S ate of Florida `:'L ' :o' 'y• ~w:.. ; r ~y ~~jv Ft~ ~ pr- _ t _ Fti~t •~~-~AS ~ ~~1~C711 J7S.~;~ ~ ;y ~ S;.I.U~,~ . ~ V~,,ypt ; ~ R~' ~ } ~ ^SC,:Frt.. '~~rr„ - ~ 3 ~3 ~K ~y °~oox~ p~ 1 : ~ - . - - - - y . r, - ~-~-Y ~ xt a ~ • ~ ~~s~~''.~+~= ~ ~a+ ~`~.w~. . .*r - , ~.s ~...Y~ h-:~ _ a.. ~~~-a~-^~..v'aYY.'~^~''..~._ _ :