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Home My WebLink About2010 Our file 5-32,419 tA~~ mu~t~t~Xe w..~Aer Urmlei ul ~~llt W tAe mon~a~td ptopert~ ~n ca~~nruuhmem ut Ihe ~ndtAtednr~a ~cauerd hrich~, aU t~ilc rrW ~n~eres~ u( tAe ~1u~tjaro~ ~n ~rof ~o any insurance poi~c~es tAtn ~e (wce ahall paas lo Ihe purcha~er ur r~onite. (A1 Tu pt~l~ym, i~rnply ~ruh ~nd ab~de by eacA and every the s~~pulaUOns, a~reements, cond~Uon~ and coven~nt. ~n ~~~d prumi~~ury note arni m th~. derJ .et (ortA. 1 That d any u( ~a~d sums ut muney he~e~n a(errrd to be not D~~D~~Y ~M1 (u~~Y Daid +uMn h(~een Qays oeat al~er Ihe same severally becomes due and paYahle.a ~r e,~n snd erery the st~pulauons. a~~eemen~s. cunJ~u.~na and cuvenants o( sa~d prae~s- say note and ~n~s deed, or eNhtr, are not (uily pe~forwed, ccunpl~ed w~tA and ab~ded hy, ~he .a~d aR~re~ate swn menuoned ~n sa~d pan~ssw~ nute sAall become due and payable t&thM,~A or ~herea(te~ a~ tAe opt~on of the ~Iwt~a~ee as [ully and comple~ely as ~f ~he sa~J aa~rt~ate suai of sa~d prom~c~~y eote ~ras w~~inally supula~ed to be pa~d on such diy, anytAm~ in sa~d p~om~ssory note w hcre~e ~ to the comrary not~ uhstand~nE. ~ V 1 That in ade~ ~o rccelentt lhe mawnty of the ~ndebtedness hereDy secwed, ~ecause u( the (a~lure ot iAe Na~~a~or to pay any ia~, : ~s.ecsment, I~aD~hty, obl~sauon or rncumbrance upon said p~oper~y, as herem prov~ded, sAall not be necescary or teQu~s~~e that ~hc ; m«~~a=ee shall hr.~ pay the same. ' 2. The \lortgagee may, at his opt~on. and without wa~ving his right to accelerate the indebtedness hereby secured a~xi a~ foreclose the aame, pay either before or after delinquency any or all of those certain obligatiaas tequired by thr terms hereof to be paid by the ;1lortgagor for the protection of the mortgage security o~ fot the col- lertion of the indebtedness hereby secured. All sums so xdvanced ot paid by the !~iottgagee shall be chatged into the mortgage account and become an integral part ihereof, subject in all respects to the terms, conditions, and covenants of the aforesaid pmm~ssory nate, and this mortgage, as fully and to the same extent as though a part of the ori~inal indebtedness evidenced by said nate and secured by this mortgago, excepting however, that said ? sums shall be repaid the Alortgagee forthwith upon its demand artd be in addition to the regular monthly install- ~ ments provided by the mortgage ~ote. t{ 3. That the abstract or abstracts of title covering the mortgaged property shall at all times. during the life t of this mortgage, temain in possession of the Alortgagee and in event of the toreclosure o[ this mortgage or other ~ transfer of title to the mortgaged property in extinguishment of the indebtedness secuted hereby. all right, title and interest of the ~lortgagar in and to any such abstracts of title shall pass to the purchaser or grantee. ~ 4. To the extent oC the indebtedness of the Mortgagor to the Mottgagee described herein or secured heteby, ~ the Alortgagee is hereby subrogated to the lien or liens and to the rights of the awners and holders thereof of each ~ and ever; :nortgage, lien or other incumbrance on the land described hetein which is paid and!or satisfied. in whole or in part, out of the proceeds of the loan described herein ot secured hereby, and the respective liens of said mortgages, liens or other incumbrances, shall be and the same and cach of them hereby is preserved and shall pass to and be held by the hlortgagee herein as security for the indebtedness to the Mortgagee herein descrebed ~ or hereby secured, to the same extent that it would have been preserved and would have been passed to and been held by the \tortgagee had i! been duly and regularly assigned. tcans[etred, set over, and delivered unto the Mort- f gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of ' record, it be~ng the ~ntention of the parties hereto that the same will be satisfied and cancelled of recotd by lhe ; holders thereof at or about the time of the recording of this mortgage. t 5. tn the ~vent the ownership of the mortgaged premises, ot any part thereof, becomes vested in a person other than the ~lortgagor, the \lortgagee may, without notice to the Mortgagor. deal with such successor or suc- cessors in interest K•ith refetence to this deed and the debt hereby secured, in the same manner as with the Mort- gagor w•ithout in any way vitiating or discharging the Mottgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mottgaged and no forbearance on the part of the Mottgagee, and no ex- tension of the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release. discharge. modify, change or affect~the original liability of the Mortgagor herein either in whole or in part. i 6. The lien of this deed secures and shall continue to secure payment o[ said indebtedness or indebted- j ness. however evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- ; for, or otherwise, until all such indebtedness shall have been [ully paid. ; 7. In the event ~he mortgagors sell, convey or transjer ~he neortgagrd r.?e!!!ises during the lije oj this mort- ~ goge, then this mortgage shcll, at the option of the Afortgagee herein, 6ecome inimediarely due and payable jo~ the jull sum oj the principul (wlance and interest then due. ` 8. The tenns "Martgagor" and "Mortgagee" whenevet used in this instrument shall include the heirs, ~ ~ personal representativ~s, successors and assigns of the ~eSpe~li~t paIUCS hereto. Wherever used the singular ~ ~ number shall include the plural and the plutal the singulat, and the use of any gendet sha{I include all genders. ~ ~ ' ~ . ; ~ C~~-~/~~ ~ i ~ Si ed, seal and liv red n the resence of: (Seal) € / H ~I , 3 ~ ~1K-~--YYL /$te~) ~ ~ ~ ~ ~ ~ STATE OF FLOR(DA I ~ COUNTY OF j ss ST. LUG~ ~ $ Before me personally appearod EDWIN KEIM . and RUTH S. KEIM~ hi.S wife, ; to me well k~.own 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 for the purposes there~o expressed. W1TyESS my hand and official seal in the County and State last aforesaid this 8th Day of May, 1975 ~ - =5'~ '`~'?'r•r . 3 ~ ~ - ~ ~ ' ? ; " n;,~~,: . . ' ~ i ~ ~1y Commission Expires: June 30, 1975 Notary Public, Scaee o~ Florida ~ , ~ 4~~oEO _ . _ - T ~ . , : _ ~ . ~ ; : _ - - ~y f~?~~ ~ d : ~ ~ <<~- _ ~ ; _ 1 _ ~ ~t. ~ _ :~~S ~ . - : - ~ r _ ~.CU . ~ . ~ F + S % . ~ y~-~~ ~ ~31 ~ ~t'' 1~5 . ~ a~ Zo ~ 39 aM ~ 60Glc~39 Q~~20~5 ~ ~ ~ . - - - h - : ; x . ` ~ , ~ ~ _ ; ~ ~ ~ - - _ ~ -