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Home My WebLink About2737 . Our file 5-33,211 th~s mor~~aRe w u~hrr uanstt~ o( UUe w ~Ae mort~aied pope~ty ~n eaun~wshmcnl ul IAe ~ndebte~ness ~ecwed AercDy, •Y n~h~, uUe and m~erett ot ~Ae Mwi~~~a ~n and to any mswaece polic~es ihen m force shall psu ~o tAe purcA~sN or pan~ee. (h) To ptflMT, cumplY W~th aed ab~de Sy each a~d every tAe sUpul~Uons, s~retments, cond~t~ons snd co~ensn~s ~n sa~d prwn~sswy no~e sad ~n ~h~. deed se~ tortA. t 1 TAs1 d anY o( ss~d sums ot money here~n ~eterted lo be eot ptompUy and tully ps~d ~NMn hfteen Qays ntat aUer ~he ssme severally secaaes due snd psyable,a ~f eacA aod eve~y tAe s~~pul~t~ons, a~~eements, cond~~~ons a~+d coven:nts ot s~~d pom~s- say note and tAis Oeed. a euAe~, are not (ully perfoneed. complied W~tA and abided by, the .a~d sKre~a~e sma n~enuoned ~e sa~d pan~ssory note sAall pecoae due and paYable fatArith w tAaeafter •t the opuon o( tAe Mwl~s~ee ~s (ully snd caepletely as ~f tAe sa~d a~pe~s~e sus of sa~d p~om~~cwy note ~rss or~~~na1tY supul~ted to be paid on such d~Y. anytA~n~ ~n s~~d prom~ssory note or Aere~n to the co~truy notw~~Asl~nd~n~. V) That ~n ader to acceletate ~ht matunty ot tAe indebtedness hereby secwed, bec~use ot tAe (s~lure of ihe Mai~a~w ~o pay any t~a, usessment, I~ab~l~ty, oEl~puon cx encwnbrance upon s~~d p~operty, as here~e prov~ded. shsll not be necessary a reQu~s~te th~t U+e mw~~asee shall luct psy the samt. ~ 2. The ±tlottgagee may, at his optio~, and without waiving l~is right to accelerate the indebtedness hereby secured and to foreclose the same, pay eithet be[ore or after delinquency any or all of those certain obligations ~ required by the terms hereof to be paid by the Mottgagot for the protection of the mortgage security ot for the col- lection of the indebtedness hereby secuted. All sums so advanced ot paid by the Mortgagee shall be char~ed into - the mortgage account anJ become an integral part thereof. subject in all respects to the terms, conditions, and covenants of the aforesaid promissory note. and this mottgage, as fully and to the same extent as though a part nf the originai indebtedness evidenced by said nc?te and secured by this mort6age; excepting however. that said sums shall be repaid the Alortgagee forthwith upon its demand and be in addition to the regular monthly install- ments provided by the mortgage note. 3. That the abstract or abstracts of title .cove~ing the mortgaged property shall at all times. durin~ the life of this mortgage, remain in possession of the Alortgagee and in event of the foreclosure o[ this mortgaae or other transfer of title to the mortgaged property in extin~uishment of the indebtedness secured hereby. all risht. title and interest ot the !1luttgagot in and to any such abstracts of title shall pass to the purchaser ot grantee. 4. To the extem of the indebtedness of the Mortgagor to the MortEaaee described herein or secured hereby, the Alortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders theteof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and/or satisGed, in whole or in part, out of the praceeds of the loan desc~ibed hecein ot secuted hereby, and the respective liens of said mortgages, tiens ar other incumbrances, shall be and the same and each of them hereby is presecved and shall pass to and be held by the 4lortgagee herein as security for the indebtedness to the Mottgagee herein described or hereby secured, to the same eatent that it would have been preserved and would have been passed to and been held by the ~iortgagee had it been duly and re6ularly assigned. Uansfened. set over. and delivered unto the Mott- 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 will be satis[ied and canceiled of record by the holders thereof at or about the time of tht recordina of this mortga6e. S. !n the event the ownership o[ the mortgaged premises. or any patt theteof, becomes vested in a person other than the !Nottga6or, the Mortgagee may, without notice to the Mottgagor. deal with such successot or suc- t cessors in interest with reference to this deed and the debt hereby secur~d. in the same manner as with the Mort- ` gasor without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby ~ secured. No sale of the ptemises hereby mortgaged and no focbeatance on the part of the Mortgagee. and no ex- tension of the time for the payment of the debt hereby secuted given by the Moctgagee sball operate to release, discharge. modify, change or affect the original liability of the Mortgagot berein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ness. however evidenced, whether by said promissory note or any renewal a extension thereof or substitute there- # fot. or otherwise. until all such indebtedness shall have been fully paid. 7. !n the event the mortgagors sell, convey or transjer the mor~gaged premises during the liJe oj this mor~- ~ ~ gage, then this mortgage shall. at the option oJ tht Afortgagee hertin. become inunedietely due and paya6te Jor the ; ~ jul! sum of the piincipal balance and interest then due. ' 8. The te~ms "Mortga6or" and "Mortgagee" whenever used in this instrument shall inciude the heirs, ~ personal tepresentativ~s, successors and assigns of the respective parties hereto. Whetever used the singular f namber shall include the plural and the plural the singular. and the use of any gender shall include all gendets. - ~ ~ : ~ i ned. sea e vered ~ the presence of: v~ (Seal) i ~~#i 4+~:. ti~~s ~$~8~~ ~ J - ~ ~•7R~~ ~,It~~• ~..v~i~ i~~~ ~ p~~.,~. ~3~~~~~ ~ STATE OF PLORIDA 1 ~ iy P~I'15 ~ cou~~v c~~~~ ~ SS ~ Before me personally appeared GEORGE H. ADDERLEY, Stl unmarried mSil ~ to me well known and known to me to be the individuals desctibed in and who executed the [oregoing insuument, ~ ~ and acknowledged before 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 13th day of Sep ember, 19~5 ~ ~ _ ~ ~ , .,vu $ . . ~1y Comm~ssion Expires: Jucle 30, 1979 Notar Public. State of F101,~ @,':: ~ Y - ya ~ i ~ o• ~ v ~ ~T - ~ ~:.P u : ~ " . ~F J~ ~ FL0 . . ~ BORK 243 ~%~t 2737 ~ ~ _ . : - _ - _ . - - - - ` ' ~ ° 7 y~~ . ~ , . . . . _ _