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~his n~aip~e w otAe~ twosle~ of utle tu the iwtt~ated popsrty m taua~wshment ol the ~ndt~tednesa secu~ed hereey, •11 nsh~, u~ie
and ~n~cres~ ot tAe Mor~sat~ ~n and to any ~nsm~nce polic~es ~Aen ~o (ace :Aall p~ss to the pwchaae~ a~r~n~ee.
(h) To ptf~MM. cw~p1Y v~tA snd ae~de by ta~h and evety the at~pulat~ons. ~pesmenu, toed~tions and to~en~n~s ~n s~~d ~uw~sswr
aote snd in ih~s detd stt tath.
(i ) TAat if sny ot aaid swws ot aoaey hero~a ~efened to be not praeptly aod fu11Y p~id ~~1h~o (ifteea d~ys eeat attsr
1he sa+se sercially becasea due and payaele, a if eacA and eve~y Wc s~ipul~t~oas, s~ee~sents, cad~tioas sad covenaets of s~~d pro~~s-
sar note s~d ~Ais deed, or e~~he~. ~re not tully pertoreed. cosplied wiU and abided by, the ~a~d a{~eNtc sre sesuoned ~n ssid
~os~ssaY note shall beea~e due ~nd paY~ele ta~+Wi~b o~ there~tter at tl~a opuon o( tAe Mort~s~ee as (ullr aad co~pletclY as it the
:.~e .~srea•~~ S~• a s.~a ~~::o.r ~ae .a: or~s~a,uy stipul~ted to be paid m auch d~Y. aayd~ins ia s~id ~om~ssory nae or Aereia
to tAe comrsry not.r~thstu~din~.
(j ) That m order to acceler~te ~he ma~un~7 ot [Ae indebtedness Aereby aecwed. bec~we of the ta~lure ot tAe Mat~~~or ~o yay any taa.
ssseas«a~. IubilitY. d?~~tat~on a encumErance upon s~~d ~oper~y, as herein provided. i~ shall not be secescary ar reau~site Wat d~e
aart~a{ee shall fi~a~ pty the asse. .
2. The Mortgaaee may, at his option. and without waivina his ri~ht tp accele~ate the indebtedness hereby
secured and to foreclose the same, pay either before ot after delinquency any or all of those certain obli`ations_
required by the terms hereot to be paid by the Mortsagw for the protection of the mc~rtgaee security oc for the col- ~
lection of the indebtedness hereby secured. All sums so advanced or paid by the Morteasee shall be char6ed into
the. mortgage account anJ become an integral part thereof. subject in all respects to the terms. conditions. and
covenants of the a[~xesaid promisso~y note. and this mortgage. as fully and to the same exten~ as thou~h a put
of the original indebtedness evidenced by said note and secured by this mortsage. excepting however. that said
sums shall be repaid the Nlortga6ee. fotthwith upon ita demand and ba in addition to the regular monthly install-
ments provided by the mort~age note. . -
3. That the abstract or absuacts of title covering the mortgaged property shall at all times. durin6 the life
of this mortgage. remain in posscssion of the A~ortgagee and in event o[ the foreclosiue of this mort6ase or other
trans[er of title to the mort~ased property in extin~uishment o[ the indebtedness secured hereby, all ti~t, title '
and interest of the Murtgagor in and ~o any such abstracts of title shall pass to the purchaser or arantee.
4. To the eztent of the indebtedness of the Mort~agor to the Mott6aaee described herein or secured hereby.
the Alortga6ee is hereby subro6ated to the lien or liens and to the rights of the owners andTioT~~rs theteof of each
and every mortgaae, lien or other incwnbrance on the land described herein which is paid andlor satisCed, in
whole or in part, out of the proceeds of the.loan described herein ot secnred hereby, aad the respecti~e liens of
said mortaaaes, liens or other incumbrances, sha{I be snd the same and each of them hereby is preserved aad shall
pass to and be held by the Mortgasee herein as security for the indebtedness to the Mortsasee hetein described
or hereby secured, to the same cxtent that it would have been preserved and would have been passed to and been
held by the Mortsagee had it been duly and regularly assigned. transferred, set over. and deliveted unto the Mort-
ga6ee by separate deed of assignment. notwithstanding the tact that the same may be satisCied and cancelled of
record. it beina the intention of the patties hereto that the same will bt satisfied and caacelled of record by the
holders theteof at or about the time of the recordin~ ot this mortgage.
S. In the event the ownership of the mortaaged premises, or any part thereof. becanes. vested in a person
other than the Mortga6or, the ~lortgaEee aiay. without notice _to the Mortgaga, deal with such successor a suc-
. cessors in interest with reference to this deed and the debt heteby secured. in the same manner as with the M~t-
saaor without in any way vitiating or dischargins the Mortgagor's liability hereunder or upon t6e debt hereby
secured. No sale of the premises hereby mortgased and, no fabeuance on the patt of ihe Mortsa~ee, and no ex-
tension of the time for the payment of the debt hereby secnred 6iven by~the Moctssgee shall operate to nlease.
discharge, modify, chanse w a[tect the orieiaal liability of the Mortgagor herein either in whole or in put.
6. The lien o[ this deed secures and shall contiaue to secure payment of aaid indebtedness or indebted-
ness. however evidenced. whother by said promissory note or any renewal or extension ihereof or snbstitute tbere-
i [or, or otherwise. unul all such indebtedness shall have been fully paid. -
~ In the event the n~ortgagors sell, convey or ~ransjer the mortgaged preniises during the lije oj this rsort-
gage, thee this mortgoge shell, at the option oj the Mortgagee herein. beconie uiunediattly de~e ond puyobte Jor the
full sum of the principal balance and interest then ds~e. ,
8. The te~ms "Mortga6ot" and "Mortgagee" whenever used in this insttament shall includc the heirs,
personal representativa~, successvrs and assigns of the respective parties herew. Wherever used the sin6ular
number shall include the plural and the plural the sin6ular, and the use of aay gender shall include ali 6enders.
~ ~ . ~~'Y7 (sea~)
Sig d. seale del' r ~n the presence of:-
•
(Seal)
O//
STATE OF FLORIDA ~
COUNTY OF ~'~K ss .
ST. LUCIE
Be[ore me personally appeared CHARLIE EVANS and ANGELINE EVANS ~ his wife,
to me well known and known to me to be the individuals described in and who executed the fore6oin~ insuument.
and acknowledged before me that they executed the same [or the putposes therein expressed. WITNESS my hand
and officisl seal in the County and State Iast aforesaid this 24th Day of Oetober 974
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