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Home My WebLink About2089 Our file 5-32,227 ~A~. mu~~Kage w u~hr~ ~ransfei u( utle w ~he morlsa~ed poperly ~n ewun~uuhment ul ~Ae ~ndt~~edne+. ~e. urrd Rcreh>. ~11 nKh~, ~~~Ir and ~n~ere.t o( tAe \1ui~sa~or ~n and to aaY insurance pol~c~cs ~hen in (wce shall pa ~s Io the purcAasc~ m Rrrn~ee. (A) Tu p~~l~am, <<rnp1Y +~~th •nd ab~de by tacA snd every lhe s~~pula~~ons, a~reements, cond~~~on. end :oven~m. in ~.~d prum~~aory note and m ~h~. derd .etfor~h. Tha~ d any of ~aid sums ul muney hereio ~eferred to be not p~omp~ly and (uily pa~d ~~~Am (~(~een days neR~ af~er i IAe samt severally becomes Jue aod paya~le,a ~t eacA and evety tAe st~pulauons, a~rcemrnt,, cond~t~o~a and covenanls ot ~a~d prom~s. t say note and th~s deed, o~ euher, sre not (ully per(ormed, compl~ed W~tA and a~~ded by, ~Ae .a~d ag~rega~e sum menuo~ed m sa~d ~ pom~ssay note shall ~ecome due and psYable (orlhr~th or Mtrca(ter at tAe ophon ot the \tortEatee as fully ~nd completely as d tAe f sa~d a`~re~a~t swo o( sa~d prom~scotY note ~ras ori~~na11Y s~~pul~ted to De pa~d on suth daY. anythm~ m sa~d ptomissory oote or Aere~e to ~he conuary notvuhstandmE. 1 That m order ~o accelerate the mawn~y ot tAe ~ndebtedness Aereby secwed, becauu o( the fa~lure o( ihe Mwt6a`or to pay aay ua, ; ascessmem, I~aA~bty, o~l~aat~on or rn:umbrance upon said p~operty, as here~n prov~ded, u sha11 not be eecesta~y w reQu~s~te ~Aat the mort~a~ee shall fust pay the same. ~ 2. The \lottgagee may, at his opt~on, and without wa~v~~g his right to accelerate the indebtedness hereby f secured and tu foreclose the same, pay either before o~ after delinquency any or all of those certain obligations required by the terms hereof to be paid by the A1ortgagor for the protection of ~he mortgage securit~ or for the col- ; lectian of the i~debtedness hereby secured. All sums so advanced or paid by the !~lortgagee shall be charged into the martgage account and become an integral part thereof, subject in all resp.ects to the terms, cond~tions, and covenants oG the af~~resaid pramissory ndte, 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 shatl be repaid the Alortgagee forthwith upon its demand and be in addition to the regular monthly install- z ments ptovided by the mottgage oote. 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 Alortgagee and in event of the foreclosure of this mottgage or athet transfer of title to the mortgaged property in extinguishment of the i~debtedness secured hereby. all tight, title i and ~nterest of the \lortgagar in and to 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 ~tortgagee ~s 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 desccibed herein which is paid and!or satisfied. in whole or in part, out of the praceeds of the loan described herein or secured heceby, and the respective liens of said mortgages, liens or other ~ncumbrances, shall be and the same and each of them hereby is preserved and shall pass to and he held by the hlortgagee herein as security for the indebtedness to the Mortgagee 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 ~lortgagee had it been duly and regularly assigned, iransferred, set over. and 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 ~ntention of the parties hereto that the same w~ill be satisfied and cancelled of record by the holders thereof at or about the ume of the recording of this mortgage. 5. In the event the ownership of the mortgaged premises, or any part thereof. becomes vested in a person other than the !1lortgagor, the ~lortgagee may, without notice to the Mortg: gor, deal with such successor or suc- cessors in interest K~ith reference to this deed and the debt hereby secured. in the same manner as with the l~iort- ~ gagor without in any way vitiating ot discharging the Mortgagor's liability hereunder or upon the debt heteby secured. No sale o~ the premises heteby mortgaged and no fotbeatance on the patt of the Mortgagee. and no ez- tension of the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release. discharge. mod~fy, change or affect the original liability of the Mortgagor herein either in whole or in part. ; 6. The .lien ot this deed secures and shall continue to secure payment of said indebtedness or indebted- ' ness. however evidenced, whether by said ptomissory note or any renewal ot extension thereof or substitute there- ~ for, or othetw~se, until all such indebtedness shall have been fully paid. ; 7. /n the evenl the mortgogors se!!, convey or transjer the mortgaged premises during the lije oJ this mort- ~ QaRe, ~hen this mortgoge shall, a1 Ihe option oj the AtorlRagee herein, 6ecome immedia~ely due and payable jor the ~ Jull sum oJ the prencipal 6alartce and interest then due. ~ ~8. The tetms "Mortgagot" and "Mortgagee" whenever used in thic instrument shall include the heirs, ~ personal representativt~, successors and assigns of the respective patties hereto. Wherever used the singular 6 number shall include the plural and the plural the singular, and the use of any gender shall include all genders. t a , % u~ ~4' _ - z Sig ed, seale d liv red i the presence of: (Seaq ~ ~Seal) ~ / D. ' ~ ~ .Grc~/ ~7 ~_~,~a.+~J ~ ~ ~ STATE OF FLORIDA ~ ~ COI:NTY OF ~f3Il~ ys ~ Be ST rtLIIClonally appeared FLORA ELLEN JOHNSON, an unmarried woman, to me well known and known to me to be the individuals described in and who executed the foregoing instrument, ~ and acknowledged be~ore me that they executed the same for the purposes therein expressed. WITNESS my hand and official seal in the County and State last aforesaid this j2t11 D8y of April, 1975. ~ _ ` ~ ,,~;:~~?u~ ijt ~ ~ ~ ~1y Commission Fx~~res: June 30, 1975 Notary Public. State_of~ ~'~lOr~Q!!, 8~. rg@ rs ' : t i ~ F; ' 3 ~'~t-~" a VE~ - ' . C~3,. • . ` t `v FLA~ . _ „ «EC, • 3~ . ~ - 5 L1;C`i ~~,O~Rt ~ 63 A ~ ^ - ~ ~ k;;-,~ ~ ;,,s ~ 4 - : _ : ~ e*~j'`-~' O " : = - ~ ~ oFC•`c' ~',.1 ~ ~ • ' . ~f } ~ ~ 22 a~1 ~ ~ R < < _ • ~ti ~ p4R L1 , gooK~38 eacE~ 6 ~ ~ . ~ ^G _ ; _ Y ~ ~~I,._ K,~~ ~ ,ti~ ~ - ~3 ~ ~a~,.~ r ~ ~ ~ ~ ~