The URL can be used to link to this page

Home My WebLink About2779 Our file 5-31,985 tAi. m.x~~{aXc ~M uiAri uan.ie~ ul ~~tlr tu che muura~rd popcrty ~n cz~~nrw~hmtn~ w ~hc ~ndcb~eJnr.. .c.wrd Ac~ch~..~'1 i~~Ai, i,~lc ~nd ~ntere.~ ut the \1oi~raYw ~n and to any ~nsurance pol~cies ihcn ~n (urce sh~ll paas lo the purcAa~er ur ~ram ee. (Al Tu prri~wm. i.wnply W~iA •nd aD~dt by eacA and every tht supulauons. ~~~eemeo~s. cond~~~on~ •nd coven~n~s ie ~ud pr~m~~awy nule and ~n ~h~s decJ .et fortA. r 1 TAa~ d aoy uf .a~d sums u( money here~n re(errcd to be nut pruenptlY and fully ps~d ruhin t~(ieen d~ys nc~~ a(ter ~ ~he same se~erally se~omes due and paY~~te,a ~f ea~h a~d erery Ihe scipulations, a~ucment~, cond~Uonc aod covenanls o( sa~d prom~s- say nott and this deed, or cuher, art not (ully pe~(ame0, cornplud v~~A an0 sb~ded ~he .a~d ag~re~ate sum ment~oned ~n s~id prom ssay nutt sAall becumt due and payaDle fwth~ritA or theroa(ter a1 the opuun of the \imtRa~ee •s (ully ~nd complettly as ~f the ~a~d at~re~ate aum o( sa~d promiccwy eole ~r~s w~~~~a11Y s~~put~ted to be pa~d on such d~Y. anyth~ns ~n sa~d peom~sso~y note or here~n to ~he coeirary notr~~hstand~nR. 1 Th~t ie orde~ to accelera~e the mawn~y ot ~he indebted~ess hereby secwed, ~euuse u( ~he (a~lure o( ~he Nort~a~or io pay aey ua, assecsmeM, I~+b~I~ty, obl~pt~on ~.r en.umbrance upon ss~d proper~y, ss Aere~n prov~ded, shaq not De ne.es~ary or reQws~te that the mo~t~a`ee shall f~r.t psy the samt. 2. The ~tottgagee may, at h~s optio~, a~d without wa~vin~ his right to accelerate the indebtedness hereby secured and t~~ forecluse the same, pay eithet before or after delinquency any or all of those cettai~ obligations rcyui~ed by ihe terms hereot' io t?c paid b} i~1C 1~Oitg3gOi ftti lfit ~faiCCilOit O~ tFit iitOilg3gC SCCIif!!y or for tht co!- : lection of the indebtednecs hereby secured_ All sums so advanced or pa~d by the Mottgagee shall be charged into ~ the mortgage a~count anJ become an integral part thereof, subject in all respects to the terms, conditio~s, and ~ cuvenants oG the aforesaid prom~ssory note, and this mortgage, as fully a~d to the same extent as thoush a part ~ c~t tht asigina! es:~tbtsdntss evidenced hy ~aid note a~d ce~s~rGd by thic mc~rtgage, oxaepting hawever, tha~ caid ~ ; sums shall be repaid the Alortgagee forthwith upon its demand and be in addition to the regulat monthly install- ments provided by the mortgage note. 3. That the abstract ar abstracts of title covering the mortgaged property shall at all times. during the life ' of this mortgage, remain in passession of the Aiortgagee ar.d in event of the foreclosure oi this mortgage or other ~rancfer of citle to the mortgaeed oroperty in extinguishment of the indebtedness secured hetebv. all ri~ht. title . and ~nterest of the ~turtgagor ~n and to any such abstracts of title shall pass to the purchaser or grantee. ~1. To the exteat of the indebtedness of the Mortgagor to the Mortgagee described herein or secured hereby, the ~tortgagee is hereby subrogated to the litn or liens and to the rights of the ownecs and holders thereof of each ~ and every mortgage, I~en or other incumbrance on the land described herein which is paid and.'or satisfied. in whole or in part, out of the praceeds 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 presetved and shall ~ pass to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it w~ould have been presetved and would have been passed to and been held by the ~tortgagee had it been duly and regularly assigned, transferred, set over. and dclivered unto the Mort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of ~ record, it be~ng the ~ntent~on of the patties hereto that the same will be satisfied and cancelled of record by the holders thereof at or about the time of the recording of this mortgage. 5. In the evcnt the ownership o~ the mortgaged premises, or any patt theteof, becomes vested in a person other than the ~lortgagor, the \lortgagee may, without notice to the Mottgagor. deal with such successot ot suc- cessors in interest with reference to this deed and the debt heceby secured, in the same manner as veith the Mort- gagor without in any way vitiating or dischatging the Mortgagor's liability hereunder or upon the debt hereby ; secured. No sale of the pcemises hereby mortgaged and oo forbearance on the part of the Mottgagee. and no ex- # ~ tcnsion of the time for the payment of the debt hereby secured given by the Mortgagee~ shall operate to release. 1 ~ dischargc, modify, change or affect the original liability of the Mortgagor herein either in whole or in part. ' ~ 6. The lien of this deed secures and shall continue to secure payment o( said indebtedness or indebted- ~ ~ ness, however evidenced, whethet by said ptumissory note or any renewal or ~xtension thereof ot substitute there- ; for. or otherw~se, until all such indebtedness shall have been tully paid. t '1 !n Iho o~.fnj Ihv w~n~I~~g~rc cnll. C4n~ro3r n? I~nn~c~ni Il~n m^~=~s~~'~~ ~?l~!!::S°S ~::':.^.6 ::j~ v^j :~::5 ~ .:~v: r ~ gaRe, then this mortgage sl~nll, a~ the op~eon of the Mortgagee herein, become immediately due and payable for [he jull sum oj the principa! 6alQnce and interest then due. ~ 8. The te~ms "Mortgagor" an~ "Mortgagee" whenever used in this instrument shall include the heirs, ~ personal represrntativas. successors and assigns o[ the respective parties hereto. Wherever used the singular ~ number shall include the plural and the plural the singular, ar~d the use of any gender shall include all genders. ~ ~ ~ % ; Si ed, sealed de er ~n e pre ence of: ~ (Seal) ~ ~ ~Seal) ~ , ~ ~ 'ft,r~-J y.)"~ ~I.;2~_~z -c~ w v • ~ STATE OF FLORIDA I 's" COUNTy F ~ ~s ' ~ ~ S~. ~.IICIE t ~ Before me petsonally appeared FRANCES L. EDWARDS, an unmarried woman, ~ `5 to me well known and known to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same [or the purposes therein expressed. WITNESS my hand and official seal in the County and State last aforesaid this llth Day of Mareh, 1975 - ~„~~,an~:~;,,~J~f .f ~ ~ : ~ • ~ ~ . . f ~ . ~ ~1y Commission Ezpires: Jut1e 30, 1975 Notary Public, State of f - ; V . • - _ ~ ritg ~ . ~ rl . . - ' :c:; 't.-~-.`. - - ' ~ ~ ~ . . .,~y ~ ' ~ ~ U R ~r ~ ~ 6o~K2e~ 1 r,~~E2~77 ~ _ ~ - ~ ~ . . - _ . ~ ~ ~ ~ - ~ _ - ~ k.~,~ ~ : ~ , ~x _ _ ~~~_1~:~..~.,; - - x _ -