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Home My WebLink About1893 . ~ ' ( i Our file 5-31,206 ~ ~ tA~s u~at~~~e w o~her uans~e~ o( t?t1~ w the eortsa~ed p~obsrty in erun~u~s!?~ee~ oi t!s ~ndebtedness aecwed AetebY. ~II ~~~bt, u11s •ad in~eresl o( 1Ae Mw1{s~w ~n snd to aay iaa~u~nce oolicies thee ie tac~ sAall oaaa !o tbe PwcAsser or ~rsn~ee. lA) To oerfi+rm, cwsply ~ritA sad ~e~de by e~cA aud e~erY tAs s~~oulauowa. ~areew~au. caidu~oas ~nd covsaae~s in ssid Prow~saay nole ud in t~~s deed se~ (or1A. , (i) TA~1 it ~ey o( s~id sw~s o( aaner Ae~tie ~etened to be not ~owp~lY and f~lly paid rr~tAin titteea d~ys neat at~er tAe s~we se~er~11Y beccwes dae aad paYable.a if sacA ~ad every tAe atioul~ums. a~esseats. caditioas ~nd eoven~aa of.s~id ~ani- say' note aad this deed. or eitber. are aa fullr oerforwed. cowplied +i~A and sbided~y. ~he Ys1d a{a~e{~te s~e ~ent~oaed ~ said prouiiuorr note shalf becowe due aud paY~ele (a~tAwitA a tAusattu ~c tAe oqtioa o( tha Morts~~ee ~s fully aad cowpletely ss if ti~e s~id ~uret~te ~rw ot s~id praaissay sote tss o~i~iwllr a~ipul~ted to be paid on sucA d~Y. ~aytAiea i~ said poaisio~Y aota a Me~eia to the.cmtruy ao~rithsi~ndin~. (j 1 Tbst ~a otdsr to atcelet~te tAe wwnty of tAe iedebtedness hereby s~cured. beuwe ot tAe f~ilu?e of the Moasa~a to oay aay taa, asseassent, IiaAility. oblisa~ioa a tncus~sace upon a~id propertr. ~s Asrew ororided, it shsll not be neces~ur or reaui~ite th~t ~he sort{asee shall tirst par tbe sawe. 2, The Mott~agee may. at his option, and without waivins his ri~ht to accelerate the indebtedness heteby secured and to ioraclose the same, pay either before or after delinquency any ot all of those csrtain obli~ations roquired by the tetms hertof to be paid by the Mo~t~a=a fo~ the ptotection of the mortaa~e secutity ot fot the col- lection ot the indebtednesa he~eby secur=d. All swns so advanced or paid by the Mortsaiee ahalt ba chat~ed iato ~e mortga`e account and becomt sn inte~[al put thereo[. subject in all respects to the terms. conditions. and covenants o( the aforcsaid promisso[y note, and this mott~a~e, as lally aad to the same eatent as thou~b a put af the ori`inal irdebtedness evidenced by said note and secured by this nartiase, ~exceptint however. that said suma shall be repaid the Mortsasee forthwith upon its demand aad be in~ additio~ to the reaular monthly install- ments provided by tfie mott=age aota - 3. That the absusct or abstracts of title coverin~ the mortaaaed pwperty shall at all times, dutiaa the li~c of this mort~ase. remain in possession of the Mortgssee and in-event o[ the_ ioreclosure af thi: morttaae or other transfer of title to the mortsaaed property in eatinsuishment. of the iadebtedness secuted hereby, all ti=ht. title and interest of the 1Aurtda~or in and to any such absuscts of title s6a11 pass to the purchaser or ~rantea. 4. To the extent of the indebtedness of the Mott~a~ot to the Mott~a~ee described hecein or secured heteby. the Mort=a=ee is hereby subro6ated to the lien or liens and to the ti`hts of ihe owners aad holders thereof of aacb aad every mortga6e, lien or other incwnbtance on the lued desccibed herein which is paid and/or sati:fied. in whole or in part. out of ihe proceeds of the loan described hercin ot sacared heceby, aad the nspective liens of said rtwrtga`es, liens oc other incumbrances, shall be and the sune and each of them hereby is presetved and shal! pass to a~d be held by the h~toctaasee herein as security for .the indebtednass to the Mort`agee herein described or hereby secured, to the same extent that it would have baen preserved and would,have beeo passed to and been held by thc Mortiaaee had it been duly and ntululy assi`aed, _traasfened, set over, and delivered unto the Moct- ~ sagee by separate deed of assianment. notwithstandins the [act that the same may be satis~ed aad caacelled of record. it being the intention o~ the puties hereto that the same will be satisCed and cancelled of record by the holders thereof at or about the time of the recordins of this mort~ase. . S. In the event the ownersbip of the mortgaaed premisea, ot aay put thereo[. becomes vested in a petson other than the Mortsagor. t1u ~tortgaaee may, without notice to the Mort`a`or. deal with such successa a suc- cessors in interes[ with reference to this deed and the debt hereby secured. in the same manner as with the Mort- ga~or without in any way vitiating or discharains the Mortsasor's liability hereunder or upoa the debt hereby secured. No sale of the premises hereby monaased and no fabearance on the put of the Mortsa~ee, and no ex- tension of the time for tha payment of the debt beteby secuted aiven by the Mott`asee shall opetate to refease, dischar6e, modify, chanse or affect the oriiinal liability of the Mortgaaor herein either in whole or in part. b. The lien of this deed secutes and shall continue to sccure payment o[ said indebtedness ot indebted- ness, however evidenced. whethet by said promissory note or any renewal or exteasion tl~ereof or subatitute thare- I for. or other~rise, until all snch indebtedness shalt have been [ully paid. " i 7. In the event the ?nongogors sell~ convey o? trartsjer tht rnortgaged pen~ises du?ing ~tht lijc oj this mort- ~ gage, thte this n~ortgage sh4lJ, at th~ option oj.the Mortgagee heitin, btco~e inunediately due and paya6le ~or the ` " jull swn of the principal 6alance and inttrest then due. - , 8. The tetms "Mortjasos" and "Mort6agee" whenever used in this instrument shall include the heirs, ~ pasonal representativas, successas and assigns of the respective puties hereto. Wherever used the singular number shall include the plural a e plural the sinsulu, and the use ot aay sender shall include all senders. ~ S ned, se a eliv d~ the presence of: (Seaq ~/LI ~ ~ ~ • ~ '~/fva-~~ ~.~r~~~~~,(Seal) STATE OF FLORIDA COUNTY OF~$ ss - ST. LUCIE Be[ore me personatly appeared WALTER MINATEE snd MISSOURI MIN~TEE~ his wife~ to me well .known and know~ to me to be the iadividuals desctibed in and who execated the fotegoing instcument, ~ and acknowledEed be(ore me that they eaecuted the same Cor the purposes therein expressed. -WITNESS my_ hsad and off~cial seal in the County and State last afaesaid this 3rd Day of Oetober, 1974-: ^``,;l,~~~ui ~rUr~,,,~'; -s; . ~ i~ ~ ~ ~ ~ • : ~ f ~ ~Y %i = f= ~ty C«nmission Expires: June 30, 1975 Notary Public, State of-Flo]~ids- ~ ~~t~. ~;"'o , d~ • ~ - • ~w? .S: ~ ~ 7 • „ _ ; 6',~~N:';:y ~ . . : , • ~ ~I~ 6~~y~'i;~i~~ - ' - . ~~i'a"y~, a,. ~oSK2~~3 ~i89ii ~ * ~ . . _ ~ - . _ - - - . - - ~ - af x ~F''~~Y ~ , ti ~ ~~`~a~~~'_ , _