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Home My WebLink About2757 Our file 5-32~260 ~A~~ mort~aKc w uthr~ ~ran~le~ ul U~le w the mott~~~cd poper~y m e~t~nYwshmeM o~ Ihr in,et+iedoc~a .e.uicd Acrcny, a11 r.rhi, ~~~Ic anJ ~n~e~e.~ ut tAe M~~nia~u~ ~n ~nd to anY ~nsu~ance pul~ues ihen in (or.e sAall pa~s to ~he purcAascr m e~~n~ee. (Al Tu peri~xm, ~.rr~ply +~~th •nd a~~de ~y each snd every the aUpula~~ons, s~reements, condiUon. and covenani. ~n ~ud prum~~sory nott and ~n ~h~~ dtrd ~e~ (ottA. ) TAa~ anY o( ~a~d sums u( money he~e~n re(e~re~! ~o be not promp~lY and fully pa~d ~~tA~n hfteen .!ays ne?~ af~er the samt ceverally beaomes Jue and payaAle,a ~t each and evety the s~~pula~~ona, a~~cemeot~, ~ondiiiunn •nd covenant~ o( sa~d pran~a- saY note and IMs deed, or t~ther, ate not (ully per(ormed, complied r~th and aE~ded thc .a~d aK~rcs~~e sum menuooed m sa~d pramssory note sAall become due and paYable forthrnA w Ihe~ea(~er at tAe op~~on ot ~Ae ~1unRa~ee as tully end comple~ely ac d Ihe sa~d a{~rt~ate sum o( sa~d prom~acwy note rras or~~~nally supulated to be pa~d on sucA diy, any~h~nR ~o ss~d prom~c~oty no~e or here~n ; tu ~he cont~ary not~r~~Astand~nR. ? That ~n orde~ to accelera~e the mawn~y of tAe ~ndebtedness hereby secwed, because ul the fa~lure of the \1or~~~~ur ~u pay any ~a~, assessment, I~abil~q•, ~~I~sauon nr rncumbiance upon sa~d prope~ty, as hercin prov~ded, shail no~ be neces~ary w reQws~~e ihat ~he murt~a~tce sh~ll (~r.t pay the same. t 2. The ~lortgage~ may, at his option, and without waiving his r~ght to accelerate the indebtedness hereby f secured and tu forecl ~se the ,ame, pay either befote ar after deli~quency any or all af those cettain obligations ~ required by the terms hereof to be paid by the Nartgagor for the protection of the mortgage security or for the col- lection of the indebtedness he~eby secured. All sums-so advanced ot pa~d by the ~lortgagee shall be chatged into : the mottgage account anJ become an integral part thereof, subject in ail respects to the terms, conditions, and coveoants of th~ aforesaid pmmissory note, and this mottgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said note and secured by this mortgage, excepting howFver, that sa~d sums shall be repaid the [~lottgagee forthwith upon its demand and be in addition to the tegular monthly install- ments ptovided by the mortgage note. 3. That the abstract or abstracts of titte covering the mortgaged property shall at all times, during the life of this rt?ortgage, remain in possession of the Alortgagee and in event of the foreclosure o[ this mottgage or other transfer of t~tle to the mortgaged property in extinguishment of the indebtedness secured hereby. all right, title and mterest of the ~lurtgagor in and to any such abstracts of title shall pass to the purchaser or grantee. a. To the extent of the indebtedness of the Mortgagor to the Mortgagee describod herein or secured hereby, the hlortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every martgage, lien or other incumbrance on the land desetibed herein which is paid and!or satisfied, in whole or in part, out of the praceeds of the loan described herein ot secured hereby, and the respective liens of said mortgages, liens or other ~ncumbrances, shall be and the same and each o[ them hereby is presetved and shall pass to and be held by the Mortgagee herein as secutity for the indebtedness to the Mortgagee hetein described r or hereby secured, to the same extent that it would have been preserved and would have been passed to and been ' held by the !11~~rtgagee 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 and cancelled of record, it be~ng the intent~on of the parties hereto that the same will be satisfied and cancelled of record by the holdets thereof at or about the t~me 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 ~lortgagor, the ~lortgagee may, without notice to tho Mortgagor, deal with such successot ot suc- cessors in interest with teference to this deed and the debt hereby secured. in the same manner as with-the !?1ort- gagor Kithout in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Alortgagee. and no.ex- tension of the t~me for the payment of the debt hereby secured given by the Mortgagee shall operate to release, f discharge, modify, change or affect the original liability ot the Mortgagor hetein eithet ~n whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness ot ind~bted- ness, however evidenced, whether by said promissory note ot any renewal or extension thereof or substitute thete- for, or otherwise, until all such indebtcdness shall have been fully paid. 7. /n the even~ the mortgagors sell, convey or t~ansJe~ the rnortgaged premises during the li je oJ this mor~- Rage, then thrs mortgoge shall, at the op~ion oj the Aforlgagee hereen, become immediately due and payable Jor the jull suni oj the pr~ncipQl balance and inte~est then due. 8. The tenns "Mortgagor" and "Mottgagee" whenever used in this instrument shalt include the heirs, personal reprcsentativ~,, successors a~d assigns of the respective parties hercto. Wherever used the singular i number shall include the plura) and the plural the singular, and the use of any gendet shalt include all genders. i ~ ned, seal a eliv red ~n t presence of: (SeaU c~. ' i i ' ; _G C~~c~ ~ ~`'=~c~ ~`1l. - ISeal) ! , / ~ ~ ~-u~~ t~-~+.-d+C f ~ R ~ F - ~ ; STATE OF FLORIDA ~ COUNTY OF~~ ~ ~5 ' ST. LUCIE F Be(ore me Personally apPeared LEO J. GUETTLER~ JR, and EDNA L. GUETTLER~ his ~afe~ ~ to me well known and known to me to be the individuals described in and who executed the foregoing instrument, and acknow~ledged before me that they executed the same for the purposes there~n expressed. WITNESS my hand and off~cial seal ~n the County and State last aforesaid this 19th Day of April 1975 ~ ~ :is r: - ~ . . ~ i,~~ `t Commission Fx ires: Jut1e 30 1975 3 Y P ' Notary Public;'~Sl~~ro~~~~ ' ri La lf`F0 `i ~ J RV" ~ 1J+ • I ' :;~~K~~'~N;if~-~' gT~~-~~-; '.Q' "•~UURj t~~ : ; j~~ . _ ; _ • r. : : ~ ~ f ~ ~ ` - . - ~ . , ~r • ~ i•-~ ~ s ; ` ~ h - ~i'iii~~. . ` ~ 1~ ~2 J , - E a~R ~ . : 306'796 - ° ~ 8 Pac~27~ eoox E ~ w' 'u:e' ~ ~ ~ - ~ -w"~ L'~ .~;.s t. : . ~ 4.+" #~'~i'°'+,E~ ~ iC. Y' ~ ~ i ~.Fv~ ~ ~~`"'~1.~"si~ ~ ' . . J~~ . ~