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Home My WebLink About0285 ~ ~ 1 ~ Our file 5-31,277 tA~s a~wltare w u~Ac~ tans(a o( utle w ~he mat~a~ed ptoperiy ~o eal~n~wsM~eat ot lhe ~ndeEtedness aecured hercby, •U n~ht. ntle and ~merest of ~he Mw~saja ~n and ~o anY ~nsur~nce polic~ss ihen in to~ca sA~ll pass to 1he purcAast~ w~rao~ce. . (h) To pr~tnsn, cwsptY w~tA and ab~de by e~cA ~ed every tAe shpulaUOns, a~teen~ents, ca~d~uons snd covcnaels ~n sa~d prwaixsay note and in ih~s deed ae~ (ath. (i 1 Tl~at ~t aoy of aaid sums o( naney here~e retetted to be nol p~psptly snd tully paid ~~th~n fdteen days neat s(ier the ~seae sevuslly bscomes due and psYable.or if e~ch and every tAe ~~ipul~uons. ~~reements, cw~d~t~ons and covee~eta ot ss~d p~o~~s- say eote s~d tAis deed. or enhe~, are not (~Ily perfar~ed. coa~plied +~U~ snd abidcd py, the aa~d sk~e~~te s~rn Aeeuooed m as~d praaiasay note sh~ll becoee due and osYable tortAvritA a there~tter •t tAe op~laa of ibe Mat~s~ee as (ully sed cospletely as if tAe ~ ~:~:~_u.. Iu ~.:d w~ a..n? dw aw~~:~~ u uid wew~iaanrv ~nt~ .v b~~N r• " __n~ __'_e'__'_ . _ - i~~V ~~v~~~:~ . :i. _ _ ~ _ . _ - _ : _ . - - _ . . _ . ~ _ _ . r~~ r.w.. ~ to thc conlrsry eot~rithstaed~ni. M~ - (j f That ~n order to acceler~te the wtun~y ot tAr indsbtedness Ae~eAy secured, Eec~use o( the (~~lure ot the Matis~« to par any ua, asssasroent, I~ab~lity, obl~~ation M encumMance upon aa~0 p~operly. ss here~n provided. ~I sAall not be aecescary or reau~site ~hat tAe ~ mott{ssee shall f~rs~ psy the ssne. - 2. The Mortgagee may, at his option. and without waivi~a his~ right to accelecate the i~debtedness hereby secured and to [oreclose the same, pay either before or after delinquency any or all of those cettain obli`ations required by the terms hereof to be paid by the Mort~aao~ for the pcotectioo of the mortga`e sec~uity ot tor the col- lection of the indebtedness heteby secured. All sums so advanced or paid by the Mortgagee shali be charaed into the mortgage account anJ become an integral part thereof. subject in all respects to the terms. conditions. and covenants of the aforesaid promissocy ~ote, and this mortgage, as fuUy and to the same extent as thou`h a_part of the original indebtedness evidenced by said note and secured by this mort6aae. excepting however. that said sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the regulat monthly install- ments provided by the mat~age note. 3. That the abstract or absuacts ot title coverins the mortgaaed pmperty shall at all times. durins the life of this ~rwrtgage, remain in possession ot the 1lottgagee and in event of the foreclosure of this mo:tgast or ether transfer of title to the mortgaged property in extin6uishment of the indebtedness secuted hereby, all tiaht.~title and interest of the Murtgagor in and to any such abstcacts of title shall pass to the purchaser or arantee. 4. To the eatent of the indebtedness of the Mortga~or to the Mo~tgagee deccribed herein or secoted heteby, the hlortgagee 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 herein which ia paid and/or satisCed, in whole or in part, out of the proceeds ot the loan described herein or secured hereby. aad the respective liens ot said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall . . pass to and be hefd by the Mortgagee herein as security for the indebtedness to the MortEagee 6erein described or hereby secured, to the same extent tl~at it would have been preserved and wonld have been passed to and been held by th~ Mortgagee had it been duly and reaularly sssigned. transferred, set over, artd delivered unto the Mort- gagee by separate deed of assignment. notwithstanding the fact that the same may be satisfied and cancelled of record, it being the intention oi the partiea hereto that the same will be satisfied and cancelled ot record by the . i holders thereof at or about the time of the recordin6 of this mort6age. ~ S. In the event the ownership of. the mortgaaed preEnises, or any part thereof. becomes vested ia a person ` other than the Mortgasor. the Wortgagee may. without notice to the Mortgaaor. deal with such successor or sue- cessors in interest with reference to this deed and fhe debt hereby secured, in the same manner as with the Mort- gagor without i~ any way vitiati~g ot discharging the t~rcaasor's liability hereunder or upon the debt hereby secured. No sale of the pramises hereby mortgaged and no forbeuance on the put of the Mortgaaee, and ao ex- tension of the time for the payment of the debt hereby secured given by the Mortgsgee shall operate ta retease, discharge. modify, chande or affect the originel liability of the Mortgagor herein either in whole or in part. 'I 6.- The lien of this deed secures and shall contiaue to secure payment of said indebtedaess or indebted- ~ ness. however evidenced. whether by said promissory note ot any renewal ot extension tMeteof or substitute there- for, or otherwise, until all such indebtedness shall have been fuliy paid. 7. /n the event the mortgngors sell, convey or transjer the mortgaged pranises during t/te liJe oj this u~ort- ~ gage, then this mortgage shall, at the option oJ the Morlgogee herein, become i~nmedia/ely due and payeble for the jull swn oJ the principal balance and inteiest then due. 8. 1'he tertns "Mortga6or" a*~d "Mottgegee" whenevet used in this insttument shall include the heits, personal representativ~s, successors and assigns of the respective parties hereto. Wherever used the sinaular number shall include the plural and the_ plutal the singular. and the use of any gender shall include all senders. Sig ed. sealed d e d in e presence of: ~ (Seal) ' iSeaU STATE OF FLORIDA I CUUNTY OF ss ST. L~I~ wife, Before me personally appeared EDWARD J. MATTHEWS and EVANGELINE M. MATTHEWS ~ his to me well known and known to me to be the individuals described in and who executed the fae6oinE insuument, and acknowledged before me that lhey executtd the same for the purposes therein expressed. WITNESS m~r hand ~ and officisl seal in the County and State last aforesaid this 9th Day of November, 1974 <~:~; y> - ~ <<,,,,,},~`,.;;;r - - . lY- j~o, ' _ ' ~~j ~L , ~ June 30, 1975 Florida at~`~'' o~:=;~~ ~1y Commission Expires: Notary Public. S te of - _ _ - p.~~ _ a. ~ FILEO _UUNTY FLA. ",-7' -Q~~,~-l~~= - ' ST.lUC1i. f~_'P,AS e ,e e~': ROG" : ~ • y~'~= i CLf~K C: ~ ~ft: i,OURT IGi~~18 ~~~'~.~'~7!!.V}1.~.~`~ f RF(;~ar ~.r : ' 4p~n~n~n~a~` . _ . ' " ~ Na~ 21 ~i oo ~H'?~ ~ o~ _ 6eeK PAGE 2~ ~ - - - - _ " . ~ rz~~- ~y - ' : _ z..n - - F~'~