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Home My WebLink About0971 r. , Our file 5-31,684 iA~. mur~~a~tr ~r uthei tnn+tr~ u( ~~?Ir w ~he mun~~~ed poperty m eaunYwa~mee~ u~ the ~ndc~~eJnt~~ .e. wcd Ae~en~, eU ~~rh~, u~lc and ~meres~ o( the Nu~~rarur ~n and ~o any ~nsu~ance pul~c~es ~hen ~n force shsll paas lo ~At purch~scr or p~n~ee. (h) To prrlwm, ~ump1Y W~th and ab~de by each ~nd every tAe supul~UOns, a~rtemems, cond~UOna and covenanth ~n ~~~d prum~~suty nu~e anJ ~e M~. dreJ .e~ fortA. 1 Tha~ any uf ~a~d sumc uf money herein reterrad to ~e nut D~~D~~Y ~~d tu~~Y Os~d r~~A~n f~fteen Qays neat afur lhe same severally becomes due and payable, a J esch and every the s~~pulat~ons, s~reemenia, cond~Uons and covenants o( sa~d praa~s• say ~ote and tA~s deed, or euhe~, are not fuliy per(ormed, compl~ed vrith and aAided ~Y, ~hc .a~d a~6resa~e swn ment~oned m sa~d pamssorv note sAall becaee due and pa>'able (ortA~itA or tAe~ealter ~t tAe opuon o( the Nort~asee as tu11Y and completely as ~f the sa~d a~~ret~~e sum ot sa~d pranisswy note was or~pnally supul~ted to be pa~d m sucA dsy, anyth~n~ ~n s~id prom~ssory note or herem to ~he coetrary no~~~tAstand~nE. 3 1 That ~e order ~o accelersu iAe matunty of tAe ~ndebted~ess here~y secwed, because u( tAc fs~lure of tAe M«~sa~a to pay any u~, ~ •ssecsmeo~, Ius~i~ty, obl~sahon ~+r tn.umbrance upon sa~d proper~y, as herem prov~ded, shall no~ ~e neces~ary or requu~~e tAa~ the m«~~a~ee shal! hrst pay the sama ~ t 2. The \tortgagee may, at his aption. and without waivi~g his right to accelerate the indebtedness hereby t , secured and !u foreclose the same, pay either before or after delinquency any ot all of those certain obligations required by the terms hereof to be paid by the Nortgagor foc the protection of the mortgage security ot for the col- lection of the indebtedness hereby secuted. All sums so advanced or paid by the 4lortgagee shall be chatged into the mortgage accoum anJ become an integral part thereof, subject in all respects to the terms, conditions, and covenants of the aforesaid promissorv note. and this mortgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said nate and secured by this mortgage, excepting however, that said sums shall be repaid the ~1lortgagee forthwith upon its demand and be in addition to the cegular monthly install- ments provided by the mottgage nole. 3. That the abstract or abstracts of title covering the mortgaged propetty shall at all times. durina the life of th~s mortgage, remain in possession of the 4lortgagee and in event of the foreclosute e[ this mottgage or other transfer of title to the mortgaged property in extir.guishment of the indebtedness secured hereby, all right, title aod i~terest of the ~lurtgagor in and to a~y such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby, the !1lortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders theteof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and!or satis[ied. in whole or in part, out of the proceeds of the loan described herein or secured hereby. and the respective liens of said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is ptesetved and shall pass to and be held by the Rlortgagee herein as security tor the indebtedness to the Mortgagee herein described or hereby secured, to the same eztent that it would have been pteserved and would have been passed to and been ~ held by the !1lortgagee had it been duly and regularly assigned. transferred, set over. and delivered unto the Mort- ~ gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied a~d cancelled of ~ record, it being the intention of the parties hereto that the same w~ill be satisfied and cancelled of record by the : holdets theteof at or about the t~me of the recording of this mortgage. ~ 5. In the event the ownership of the mortgaged premises. or a~y part thereot. becomes vested in a person other than the ~lortgagor, the Mortgagee may, without notice to the Mortgagor. deal with such successor ot suc- ~ cessors iR interest with reference to this deed and the debt h~reby secured. in the same manner as with the Mort- ga6or without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby moctgaged and no forbeatance on the patt of the Mortgagee. aod no ex- tension of the time for the payment of the debt hereby secured given by the Mortgagee shail operate to release. discharge. modify, change or affect the original liability of the Mortgagor herein either in whole or in patt. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ness, however evidenced, whether by said promissoty note or any renewal or extension thereof or substitute there- ' for, or othetwise, until all such indebtedness shall have been fully paid. 7. /n the event the rnortgagors sell, convey or transjer the mortgoged preinises during the lije oJ this mort- i gage, then this mortgoge shaU, a~ the option oj the Alortgagee herein, become immediately due ond payable /or the Ju1l sum oj the principa! balance and interes~ then due. ! S. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, s petsonal tepresentativ", successors and assigns of the respective parties heteto. Wherever used ihe singular ~ ~ number shall include the plural and the plural the singular. and the use of any gender shall include all genders. ~ ~ ; € ; Si ed, seale d ~ ere in e pres ce of: (Seal) ~ ~ ~ ~Seal) ~ ~ ~s~~ ~l _t~-, ~ ~ ~ ~ ~ ~ ~ STATE OF FLORIDA I x COUNTY OF OI~C { ss ~ ST. LUCIE JESSE NARRIS an unmarried man, being the _ Before me personally appeared Widower of L~JLA NARRIS ~ to me well known and known to me to be the individuals desctibed in and who executed the (oregoing instrument, > and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand ' and off~cial seal in the County and State last afotesaid thi ZSt Day of February~ 1975 ~ ~ ~ ~ ~ ~ _ „ 'r~'~ ~ty Commission Expires: JuIIe 30, 1975 Notary Public, State of F I,,~ ~ ^ ~ t ~ - c. ` F~LEC~ AVf ±'.~,GQR~E _ C z i ~ ~ . ~U~IE C~~lilMTlt F~~, ~ - _ 7 • ~ ROG~? y~iTRAS ~ - . ~ ~J ~ ~ ~ CLERK ~~~."UIT GOItRT ~J ~ aFCnao vE?~~~E~ . . , = ~ ' ' ~ ( ~ ~ ~Z OB ~N ~7.1 BOOK ~JV PAGE 97i ~ . ~ : ~ ~ 30~.~'75 ~ ~ - ~ : - - §Lb • _ . . . ~ - . _ ry~