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Our File 5-30,875 ;
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tMs max~~~~e ~r uthu ~ans(e~ u( uUe w the ~a~~a~ed poPe~ty ~p e?haawaha~eat ul ~he ~ndtbuJneaa .t.wcd he~eby. aU n~h~. htle
am1 ~n~tres~ o( ~he A1a~~a~~ ~n ~nd lo anY ~nswaace pal~c~es tAen ~n (orce YMII pass to tAe purcAsae~ w ~rantee.
(A1 To pe~~.vui. ~.rwP~Y and ab~de bY eacA ~ad everY the supubuoas. sarcen~eets. cond~hoas and covcoaeis ~n sa~d p~..~~aawy
aote aed ~n iA~s Jeed .e~ fwtA. {
f~fteen dsys ntu stter 1
l~ 1 TAa~ d any o( ~~~d suwa ~t ~ancy he~e~a ~e(et~ed lo bt not p~owPUr and tuily oa~d ~~~Mn t
U~e sa~ae se.e~ally becorses due ~nd ~ayabte,a it eacA sad every tAe si~pul~~~ons. a~~eesenis. ccu+d~~~ons snd covensnts of ss~d pro~~s•
saY note snd tA~s deed. o~ euAer. sre not (uily Oe~fa~ed. cosplied ~r~tA sed ae~~ed sy. ~he .a~d a~re~ste s~ menuoned ~n sa~d
p~us~ssaY ~ s~~~ ~ ~~aote ~ras or~~ nal
Y s~~pul~ e4eto,be~pa~d or~srcA d,y
ny~A ~n s~ d ptos ssaY nots o~ Ae~e n ~
sa~d a~e~~
to tAt conlrary notWUhslsnd~w~.
1 Tlut ~n ader ~o actelt~att tAt oqtutuy o( lAt ~uAebtedness At«ey secured. Secause of lhe fa~lurt ot thc lAa~~s~a ~o pa~ sey taa.
asse.~eent, I~ab~luy. obl~saua? M encuwbrance upon ss~d proper~y. as he~e~e provided. shall eot be aecescary ot ttQu~s~te that U~c :
~nat~a~ee shall fust paY ~e aame. t
2. The ~lortgagee maY• at his option. and without waivina his tight to accelerate the indebtedness heteby
secured and to [oreclose the same, Pay eithet before or siter delinquency any or all of those cectain obli`ations
required by the terms heteo[ to be paid by the Mott6asor for the p~otection o[ the mc~rtgage security ot for the col-
lection of thz indebtedness he~eby secured. All sums so advanced or paid by the !Nortga6ee shall be charged into
the mortgage account anJ became an inte~rai part theteot. subject in all respects to the terms, conditio~s. and
covenants of the a[oresaid promissory note, and this ~nottgage. as fully a~d to the same extent as thou~h a part
of the ~a11~ ~ ~~a dte
hecSMortga6 e for hw h uponeit
ndemand and be in aageo~,to the t aular monthly nstall-
sums P
ments pcovided by the mott6a~e note.
That the abstract or abstracts of title coverin~ the mortgaaed property shall at all times, dutina the tife
of t6is mortgage, remain in possession of the Alottgagce and in event of the foteclosure of this mort6a~e ot other
transfer of title to the mortgaged propetty in exten6uishment of the indebtedness secured heteby. all ~i6ht. title
and interest ot the ;1lortsagor in and to any such abstracts of title sh~ll pass to the p~uchaser ot grantee.
4. To the tatent af the indebtedness of the Mortsagor to the Mottsagee described herein oc secured heteby.
the Alortgagee ~s hereby subro6ated to the lien or liens and to the ri6hts o! the owners and holders thereoi of eacfi
and every mortgaEe, lien or other incumbraace on the land described herein which is paid and~or satisfied, in
whote or in pan, out of the proceeds of the loan described herein or secured hereby, and the respective liens of
said mortEages, liens oc other incwnbrances, shall be and the same and each of them hereby is pteserved and shall
pass to and be held by the Mottgagec herei~ as secutity for the indebtedness to the Mortgagee herein desctibed
or hereby secured, to the same eatent that it would have been presetved and wo~ld have been passed to and been
held by the ~tortgagee had it been duly and regulatly assi6ned. Uans[erred. set over, and delivered uato the Moct-
gasee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of
record. it being the ~ntsntion of the parties hereto that the same vrill be satisfied and cancelled ot record by the
holders theteof at or about the time of the recordina of this mottgase.
5. In the event the ownership of the mortgaged premises. or aay part thereof. becomes vested in a person
other than the !Nort6agor, the ~1ort8agee may, without notice to the Mort~a6or. deal with such successor or suc-
cessors in interest with re(erence to this deed and the debt hereby secured, in the same manner as with the A1ort-
~a6or without in any way vitiatinE or discharging the Mortsasor's liability hereunder or upon the debt hereby
secured. No sale of the premises hereby mortgaged and no forbeuance on the part of the Mertgagee, end no ex-
tension of the time fa the payment of the debt ~hereby secored given by the Moctgagee shall operate to release,
i dischar~e. modify, change or affect the original liability of the Mataasor herein either in whole or in put.
6. The lien of this deed sscures and shall continue to secure payment o! said indebtedness or indebted-
ness. howe~er evidenced. whethec by said promissory note or any renewal or extension thereof ot substitute there-
[or. or otherwise. until all such indebtedness shall have been (ully paid.
7. /n the even~ the niorfgagors sdl, convey o? trnnsJer the niortgaged preniises during the !i je oj t/~is inort-
gage, then this mortgage shall, at 1he oplion oj the Mortgagee hertin, becon~e in~mtdiately d~e artd payabie jor tht
jul[ su+~ of the principa! ba/ance and interest then due. .
8. The temns "Mortgaaor" and "Mortgagee" whenever used in this instrnment shall include the fieics.
personal rapresentativ~~, successocs and assigns of the respective puties _hereto. Wherevec used the sinsulat
number shall include the pluial and the plural the singular. aed the use of any gender shall inclode all genders.
Sign sealed d iver ' the sence of• (Seal)
~Seaq
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STATE OF FLORIDA I ~5
COUNTY OF~Q~E ~
ST. LUCIE
Betore me personally aPPeared C. J. JONNSON and PATIENCE 3flHI3SON, his wi e,
to me we11 knovm and known to me ~o bs the individuals described in and who executed the foregoing insuument.
and acknowledaed before me that they executed the same [or the purposes therein eapressed. WITNESS my hzad
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and official seal in the County and State last aforesaid this ~th DSy of September, 197
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June 30, 1975 Florida : e ~ w=
1~1 y Canmission ~res: Notary Public. State of _
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