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Home My WebLink About2080 ~ Our file 5-32,178 th~~ mw~g~~tr .~r otAri trrn~ici .~1 tulr tu the mmt~a~e~1 ptopc~~) m ezunru~~hment ul IAr indeDtednt~+ ~t~urcd Ao~c~). oll nRh~, titlc ~nJ ~merr.t ul Ihe A1.~r~~ar~r ~n and ta any ~nsu~.n.r pulic~cs tAtn ~n (ur.e sAall paas ~o Mc purcha.c~ ur ~~an~ce. (A1 Tu prrl~am, ..wnply Wuh and sD~de by each ~nd every tAe sUpulat~ons, a~teemeots, condN~on~ •nd cove~an~c ~n ~~~0 pwmi~sary note ~nd ~n ih~. decd .r~ Io~tA. ) TAat any uf .a~d sum~ ul monry herem re(e~rrd to be nut promp~ly and (ully pa~d ~uhin hfleen days nea~ al~er tAe same seve~allY bccomes Jue and payaAle,o~ ~f eac~ and evety the s~ipulsuons, a~recmenl~, cond~i~on~ and covenants o( sa~d praau• say no~e end ~h~a deed, u~ euhr~, are not (ully pe~famed, ciunplled ruh and aEtded Ay, the .aid ag~repte sum ment~oned ~n said prwmssory nute sAall become duc and payable (orth~~th or IAe~ea(ter at ~Ae opucu~ of the Murtgatee as (ully and complettly as ~f the sa~d a«rt~ate sum o( sa~d prc~m~sccxy oote ~ras on~~nally supul~ted to be pa~d oe such dry, anyth~n~ m ss~d p~om~ssory oote or Aere~n to ~he caMrary not~uAsiandmR. ! 1 Tha~ ~n o~der io accelera~e the mawruy ot 1Ae mdebtedness hereAy secwed, because u( thc (silure o( ~he Mw~ss~.x ~u pay any u~, assecsment, I~ab~l~ty, oblipuon M rn.umbrance upon sa~d p~operty, aa Aerem p~ovided, shall not ~e neces~ary or repu~s~u thsi the i mo~~~a6te shall (u.~ pay the samc. 2. The \lortgagee may, at his option, and without wa~ving his right to accelerate the indebtedness hereby secured and to foreclose the .ame, pay eithet betore or aftet delinquency any ot all af those cettain obligations requited by the tetms hereof to be paid by the Mortgagot for the protection of the rm~rtgage secutity or for the col- lection of the indebtednes~ hereby secured. All sums so advanced ar paid b~ the !Nortgagee shall be chatged into the mattgage account and become an integtal part therenf. sub~ect in all respects to the terms, conditions, and covenants of the aforesa~d promissory note, and this mortgage, as iully and to the sam~ extent as though a part ~ of the ariginal indebtedness evidenced by said note and secured by this mottgage, excepting however, that said sums shall be repaid the Alortgagee Porthwith upo~ its demand and be in addition to the regular monthly install- - ments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged property shall at all times. during the life of this mortgage, remain in passession of the 111ortgagee and in event of the foreclosure o[ this mortgage or other # transfer of title to the mnrtgaged propetty in extinguishment of the indebtedness secured hereby, all tight, title t and interect of the ~lortgagar in and ta any 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 ~lortgagee ~s hereby subrogateJ to the lien or liens and to the rights of the owners and holders thereot of each ~ and every mortgage, lien ot other incumbrance on the land desctibed herein which is paid and!or satisfied, in ~ whole or in part, out of the proceeds of the loan described herein or secured hereby, and the respective liens of z said mortgages, lie~s or other incumbrances, shalf be and 1he same and each of them hereby is pteserved and shall pass to and he held by the \lortgagee herein as security for the indebtedness to the hlortgagee herein described or hereby secured, to the same extent that it would have been preserved 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 assig~ment, notwithstand~ng the fact that the same may be satisfied and cancelled of ~ record, it be~ng the intention of the partits hereto that the same will be satisfied and cancelled ot recocd by the ~ holders thereof at or about ihe time of the recording of this mortgage. ~ 5. In the eveot the ovv~ership of the mortgaged premises, or any part thereof. becomes vested in a person ~ other than the ~lortgagor, the \lortgagee may, without notice to the Mortgagor. dea) with such successor or suc- ~ cessors in interest Kith reference to this deed and the debt hereby secured. in the same manner as with the A1ort- ~ gagor without in any way vitiating or discharging the Mortgagot's liability heteunder or upon the debt hereby ~ secured. No sale of the premises hereby mortgaged and no [orbearance on the part of the Mottgagee. and no ex- ~ tension of the time for the payment of the debt hereby secured given by the hlortgagee shall operate to release. discharge, modify, change or affect the original liability of 1he Mortgagot herein either in whole or in part. 6. The lien o( this deed secures and shall continue to secute payment o[ said indebtedness or indebted- ~ ness, however evidenced, whcther by said prumissory note or any renewal or extension thereof or substitute there• ~ for, or otherwise, until a11 such indebtedness shall have been fully paid. ~ 7. !n the event the mortgagors sell, convey or t?ansjer the mo~tgaged premises during the lije oj this mort- Qage, then th~s mortgnge shal/, at the op~ion oj the Aforrgagee herein. become inunediately due and paya6le Jor the ; jull sum oJ the pr~ncipal balance and interest then due. ~ f 8. The terms "Mortgagor" and "Mortgagee" whenever used in thic insttument shall include the heirs, s d personal representativ~s, successors and assigns o[ the respective parties hercto. Wherever used the singular ; number shall include the plural and the plural the singulat, and the use of any gender shall include all genders. F ~ i i j Si ed, seal an iv red i e presence of: /v (SeaD ~ ~ . ~ ~Seal) 3 ~ c~ctJ ~ c _rs ~ ~ ~ ~ ~ STATE OF FLORIDA I ~ COUNT~(~~F~I~E j 's ~ ~ ~ Before me personally aPpeared GEORGE H. THOMAS and MARY J. THOMAS ~ his wife ~ ~ to me well known and known to me to be the individuals described in and who executed the foregoing instrument, - and acknowledged before mc that they eaecuted the same for the purposes therein expressed. WITNESS my hand and of~icial seal in tfie County and State last afotesaid this 5th Day of April 975 ~ . ~ ~ ~ ~F ~ ~ ~1y Commission Expires: Juri@ 30, 1975 Notary Public. State of ~ : s y 1~, '`'~~sv f`~, : _ ~ ~ , ~ ~ F,L~o;. .~~pS~,R~ ~ 30C337 - ' - ' = = :~y ~ , St~ 4C • .S G ~•t_ ~ _ . • K ~ C' ~ t ~ ~ ~ ' l 2,- ~ , . ~ ~ ; ~ 3j y , . 2 ~ ~ l 2 0 R ~ ,.i:, AeR ~ BOOK~:~vO PAGEzO~ ~ ~ S ; _ , . ~ ~ ~ `~'k s.r~~~ 3 . ~".a , ~ _ . -