The URL can be used to link to this page

Home My WebLink About2749 Uur file 5-32,263 ~Ai. muriga~Cr ~N athr~ Iran~lri ul wlr lu thc mor~~sYed poprr~> ~n e*Un~u~+hmen~ ui thc ~nJeh~cdne.a .c.wrJ hcrc~~, ali nghi, c~~lc rnd ~me~r~t ui the Nort~~~w in rnd ~o ~ny ~nsutance pol~c~es then in torce shall pa~s In ~hr purch~.er u~ g~en~ce. (h) Tu prri~.+m, ~.rnply w~th ~nd aD~de by each aoJ every ~he supul~t~onc, ~~reemen~s, cond~hon~ rnd coven~n~~ ~n ~a~d pr~m~~aur) no~e and ~n ~A~. decJ ,ra (ortA, (i 1 Tha~ any u( ~a~d sum+ ul money he~e~n roferrrd to be nut prump~ly anJ fuliy pa~A r~~h~n (~fteen Caya neat af~er the same severally brcomes due and payaAie,or eacA and every the supulauons, a~~eemrnt., cund~uon. and covcnsnts o( sa~d prom~s. say nate and th~a dted, or e~~her, are no~ (ully per(ormed, compl~ed witA and sb~ded by, the .~~d a~t~re~~~e swn ment~oned m s~~d pt~xn~+swy note shall become due and pay~ble (atAWitA or the~ea(~e~ •t the opt~cu~ ol ~he No~tga~te as (ully ~nd complc~ely as ~he .s~d a~pt~ate sum ot said promicsory note vrss a~s~nally shpulated to be pa~d on sucA d~y, anytA~n~ m sa~d prom~ssory note or herem to ~he contrary not~~thstand~nE. 1 That ~n order to ~ccelerate tht rtuwnty uf the mdebtedness herehy secured, because ol the fa~lure o( the !~io~tta6u~ ~o pay any tax, ~s.e.smem, I~+A~I~ty, obl~gauon or rncumbrance upon so~d property, as herem pravided, i~ shail not be eece+~ary ix reQu~sue that the mixt~a6te shall (u.t pay ~he same. The ~lortgagee may, at his opt~on, and without wa~ving his right to accelerate the indebtedness hereby secured and tu foreclose the ~ame, pay either before or ai'ter delinquency any or ali af those certain obligations required by the terms hereof to be paid by the Mortgagor for the protection of the mottgage securiry or for the col- lection of the indebtedness hereby secured_ All sums so advanced or paid by the Mortgagee shafl be charged into the mortgage arcount and become an ~ntegral patt thereof, subject in all tespects to the tetms, conditions, and cuvenants at the aforesa~d pmmissory ~ote, and this mortgage, as fully and to the same eatent as though a pari of the original indebtedness evidenced by said note and secured by this martgage, excepting howevet, that said sums shall be repa~d the Alortgagee forthwith upon its demand and be in addition to the regular monthly instali- ~ ments provided by the martgage note. 3. That the abstract ar abstracts of title covering the mortgaged propctty shall at all times. during the life af this martgage, remain in possession of the ~lortgagee and in event of the foreclosure of this martgage or ather transfer of title to the mortgaged propetty in extinguishment ot the indebtedness secuted heteby, all ri~ht, title and interest of the ~turtgagor in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedaess of the ~4Mctgagor to the A~ortgagee described herein or secured hereby, the !1lortgagee is hereby subrogated~to the lien ot liens and to the tights of the owners and holdets thereof of each ~ and every mortgage, I~en or other incumbrance on the land described herein which is paid-and!or satisfied, in whole ot in part, out of the proceeds of the loan desc~ibed herein or secured hereby, and the respective liens of said m~rtgages, liens or other ~ncumbrances, shall be and the same and each of them hereby is presetved and shall pass to and he held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby securrd, 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, transferred, set over. and deliveted unto the Mott- ~'r~ gagee by separate deed of ass~gnment, notwithstanding the fact that the same may be satisfied and cancelled of record, it being the mtent~on of the parties hereto that the same will be satisfied and cancelled of record by the holders thereof at or about the t~me of the recording of this mortgage. 5. In the event the ow~nership of the mortgaged premises, or any part theteof, becomes vested in a person f ather than the ~lortgagor, the \lortgagee may, without notice to the Mottgagor, deal with such successor or suc- cessors in interest with reference to this deed and the debt hereby secured, in the same mannet as with the Mort- gagor v?~ithout in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the ptemises heteby mortgaged and no forbearance on the part of the Moctgagee. and no ex- tension of the time for the payment of the debt heteby secured given by the Mottgagee shall operate to telease, ~ discharge, modify, change or affect the original iiability of the Mottgagot herein either in whole or in patt. 6. The lien. of this deed secures and shall continue to secure payment o[ said indebtedness or indebted- ~ ness, however evidenced, whethet by said promissory note or any tenewal ot extension theteo[ or substitute there- f' for, or otherwise, until aU such indebtedness shall have been fully paid. ? 7. M ~6e event the mortgagors sell, convey or transjer ~he mortgaged prernises during the life oj this mort- RaRe, rhen this mortgage shall, ot the op?ion oj the Atortgagee herein, become intmediately due and poyable Jor the Jull sum oj the principol lwlance and interest then due. _ 8. The terms "Mortgagor" and "Mortgagee" whenever used in thic instrument shall include the heirs, s ; personal representative;, successors and assigns o[ the respective patties hereto. Wherever used the singular 'i number shall include the plural and the plural the singular, and the use of an ender sh include enders. v i ned, seale nd liv ed i e presence of: t (Seaq ~ S 1 ~ ~$t8~) ~ C,,~=CG,~~ 7 ~ i ~ ; STATF OF FLORIDA I ~ ~ COUt~TY OF~~ ~s ; ST.LUCIE ~ ` Before me personally appeared T. V. FULFORD and MARY FULFORD, hls wife, i ; to me well known and known to me to be the indiv~duals described in and who executed the foregoing instrument, f and acknowledged before me that they executed the same for the purposes there~n ezpressed. WITNESS my hand and official seal in the County and State last aforesaid this 19th Day of April~ 1975 ~ ~ ~ 3 s' ~1y Commission Ex ~res: , zw r'~ June 30 1975 I~~~~~~'' ' ~ P Notary Public, State`p~ ~ i~ ~ Lar ~ _ ~ ~j , ~ F; _ ~~EO = C _ _ ` Si`t~, ~`.ihiY FL... l + ' ~z ~ G,~ ~ .C ~P.T..hh~' _v/p ~ . a _ r~ C: s ~ ~ .li'.e~ ~ V !~i"' : ' ; . `~3 ~ ' ~ . : . , . . ~ , ` ~ : :F' ~ _.;••...u.~~~ ~ . ~ a ~c PH'75 -t : , ' Arft ~ ~l s ~r~ : - : ~ ~cy ~ BOOK~?JS PAGE~~'~J ~ ~ ~ ~sw '~zYa~N-~-,,-~ - ~ x~ » @iSZ aP- ~ .v~2" ~ A ` _ . . . . ....a. ~ .