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Home My WebLink About0997 Our file 5-33,104 ~h~Y mw~{aEe w o~he~ ~wns(e~ o( utle to ~As mat~a~ed poperty IA C1Uf1~YliAl~tpt OI Me ~ndeseednesa aecwcd he~e~y, ~11 n~Ai, ~i~lc and ~nte~eat of the Mw~aasa ~n snd to aoy ~oswsace policus thee ~n (ace sA~ll psss to ~Ae purchise~ o? tran~ee. ~ lh) To pe~iMm. .wnply ~r~~h and sb~de by tacA a~d eve~Y tAe at~oul~t~oes. s~rtements. cond~tions anA coveean~s ~n sa~d pru~n~sso~y note snd in ih~s deed se~ tath. T1~at d any o( ss~d auax o( woneY hert~n te(erred lo Se not ptosplly seid fully O~~A ~uA~n tdteee days neit s(ter the same seve~slly pecaaes due and pay~sle,or if escA snd eve~y tAe st~pul~uons, speea~en~s, cond~uons snd corenaets o( s~~d pro~~s• _ swy no~c ~nd tAis deed, a euAe~, ~re aot fuily oertorweA. 4ospl~ed ~r~tA and ap~ded by, the sa~d a{arets~t s~m n+ent~aned ~n ssid paa~sswy note shsll becoae due ae~d psyssle fatA~itA o~ tKere~(u~ at tAe oPlioa o( iAe Mwt~s~ee as fully and complelely ss d tAt ~ s~~d a~~eta~e su~ ot ss~d poausaory note ~~s a~~~aally aupul~ted to be p~id aa srcb d~y. any~A~e~ ~n said ~oo~ssay eote a hers~n to tAe contrsry nonrnAsunA~ns. ) TAa~ in ade~ to accelerate the matun~Y ot the indebtedeess Aeresy secured, Aecsuse o( tAe fs~lure ot ~Ae Matds~o~ ~o psy any ~~a, asseaunent, I~as~li~y, obli~at~oe a encwnbrance upon s~~d property, ss he~e~n ptovided, i~ shall not be eecescary or repu~s~te that the nw~i~i~ee shall (~rst pay t~e sase. ~ 2. The !11o~tgagee may, at his option. and without waivina his riaht to_acselerate the indebtedness hereby secured and to forecluse the same, pay eithet be(ore or afte~ delinquency any or; all of those certain obligations required by the terms hereof to be paid by the Mortgaaor for the pcotection of the mc~rtgage security or for the col- lection of the indebtedness hereby secured. All sums so advanced or paid by the Mo~tgagee shall be char6ed into the mottgage account a~J become an ietegral part thereof. subject in all respects to the terms. conditions. and covenants of the a(oresaid promissory note. and this mortgage. as fully and to the same extent as though a part af the oriainal indebtedness evidenced by said note and secured by this mortgage, exceptin6 howev,er. that said sums shall be repaid the Mortaagee fotthwith upon its demand and be in addition to the regular monthly install- ments provided by the mortga6e note. 3. .That the abstract or absuacts of title cove~ing the mortgaged pcoperty shall at all times. durina the life of this mortgage. remain in possession oi iAe t~+io[igaae~ ~n~i in evznt ~,f ihe fareclasure ai this ~~~~rtgagt a: athcr transfer of title to the mortgaged property in extin~uishment ot the indebtedness secured hereby, all tiaht, title and interest of the Mottgagor in and to aoy such abstracts ot title shall pass to the purchaser or gtantee. 4. To the extent of the indebtedness o[ the Mortgagor to the Mort~agee described herein or secured heceby. the 1~lortgagee is hereby subro6ated to the lien or liens and to the riEhts of the owners and holders thereof ot each and every mortgase, lien or other incumbrance on the land described hetein which is paid and!or satisfied. in whole ot in part, out of the proceeds of the loan described herein or secured hereby, and the reapective liens of said mortaages, liens or other incumbrances, shalt be and the same and each of ihem hereby is pceserved and shall pass to and be held by the Mortgagee herein as security for the indebtedness to the Mortgasee herein described or hereby secured. to the same extent that it would have been presen?ed and wonld have been paased to snd been held by the ~lortgagee had it been duly and reaularly assisned. 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 being the intention of the puties hereto that the same will be satisfied and cancelled of record by the holders thereof at or about the time of the recocdin6 ot this mortgage. S. In the event the ownership of the mottgaaed preaiises. or any part thereof. becomes vested in a person other than the Mortgasor. the Nortgagee may, without notice to the Mottgagor, deal with such successor or suc- cessors in interest with reference to this deod and the debt hereby secured, ie the same manner as with the Mort- ; gaaor without in any way vitiating or dischargina the Mortgajot's liability hereunder or upon the debt hereby ; secured. No sale of the premises hereby mortgaaed and no forbeuance on the patt of the Mortgagee. and no ea- tension of the time for the payment of the debt hereby secnred siven by tbe Mortgagee shall operate to release. discharge, modify, change or affect the original liability of the Mortsasor herein either in whole or in part. 6. The lien of this deed secutes and shall contiaue to secure payment o[ said indebtedness or indebted- ness, however evidenced, whether by said ptomissory note or any tenewal or extension thereof ot substitute there- for. or othetwisc. until all such indebtedness shall have been fully paid. 7. /n the event the ?nortgagors sell. convey or transJer the mo?tgaged prt~nises during the lije oj this mort- 'I gage, then this morrgage shell, a~ the option oj the Mortgagee herein. 6eco,h~ emmediately due n?ul payable jo~ the ; jull swn of the principal bafance and interest then due. 8. The tetms "Mort~asot ' and "Mortgagee" whenevet used in this insttument shall include the heirs. personal ceptesentativ~~, successocs and assigns of the respective puties heteto. Wherever used tha singular number shall include the plural and the plutal the singulat. and the use of any gender shall include all genders. ~ Sign . seale eliv ~n the presence of: 3 (Seal) ~ ~SoaU ' . + ? STATE OF FLORlDA ~ COUNTy pp ss 5~. LUC IE Betore me personally appeared JAMLS JACOBS and FANNIE JACOBS ~ his wife ~ to me well know-n and known to me to be the individuals desctibed in and who executed the foregoing insuument, ~ and acknowledged before me that they executed the same for the purposes there~n expressed. WITNESS my hand ' and of~iciaf seal in the County and State last afotesaid this 23rd Day Of Augt18 , 1975 ~ ' Y $ ~ ~ I ~ ~~•~~=~~N~. ~j~-,.~~ . Vly C«nmission Expires: JuIIe 30, 1979 (Votary PulfiiC. S~fe' a ~r e ~ - y Sc i • ~ ~ ~-i~ j.~ c ~ " st~= ~ = ~,+1 ~ _ - . ~ _ . . 1- . . . E~ rj~~..~ f~ ~ : ~ ; Fj 1.~~'t ~^:~1Z~~' yAt ` ~C z'O'; Q._ r i:' ta,''.-:` ~ S ~o~~~~ = L'j ~ 31Si " ~ • Q ~ LFFC:.~.•~.-~,~.~ ` ~Q8 , ~'~p„~• . ~ . DA ~ ~F~~4. ~~,'l~ ~,,,a . ~.3 22 R PAGE 9~0 S~ eocx 24~ _ ~ . _ - - - ~P ~ ~r ~ ~ f.~~~ ~ -