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Home My WebLink About0968 ~ ~ F • ~ ~ Our file 5-33,443 ~ ~A~. rn~a~~~~e ~x atAer tanafe~ ot i~~le to tAs mat~asea property ~A lat~n~u~sM~tAI ul tb~ ~e0ebtedness secwed he~ebY. sll ri~h~. ~~tle ~ aewf ~o~e~ex~ u( ~Ae Mw~saaa ~n ~nd to any ~oxwance polic~es tAes ~n fac~ ah~ll au to 1M putcA~~sr or ~ramet. (A1 To pe~(~vn~. ..rsply ~r~M snd aa~de by each au! evuy We aUpulaUoas. •{res~ena. condit~ons and eoven~nls in sa~d prom~asay ~ n~.te and ~n ~hi. dee~f se~ fwtA. ' r ~ l~ 1 TAat d any n( rs~d swn. ot muoey here~e roterred ~o Se no~ p~arpdy and tully p~~d vr~iA~a t~heen dsya ntal a(ter ~he a~me ~rrer~liy becomei due •nd p~yaAle,a if eacA aed every tAt s~~0ul~t~oas, a~ree~enta, cood~t~oas and corenants ot ssd Orau~s• F awy note aod ih~s deed, w e~the~, are not tully per[oruied, taspl~ed vuh and ~O~ded by, IAe said ~kre{~~e swe senuoocd in s~~d ~w~.in~sswt no~e :Aall Secax due anJ payaple fat~~~th ~x the~ea(ter at tAe opliaa o/ ~be A/at~~~ee as fully sn~ completely as if the ~aid a1t{re~a~e xiun o( sa~d prcmux.ay note vax on~~nally •I~pul~ted to be Paid on sucA d~y. anytA~n~ m aaid pranissay note w here~~ tu ~he :om~~~y noir~~hsundin~. l~ 1 Th~~ ~n roder to ac~tletatt the mawrNy of the in~eetedness hueby ~ecured, blC~YSC O~ !At ~allYf~ O~ lAf Mo~t~~~w ~o pay any tsa, ~~.e.sment, I~as~l~~)•, opl~~auon ~x encumA~ance upon sa~d prope~ty~ as bere~n provided~ it shall not be eecessuy a reou~sne that ~Ae aix~RaRee ~Aa11 f~rc1 pay tAe saine. The ~tort~agee may, at hrs option. and without waivin~ his risht to accelerate the indebtedness hereby .rcured and to forecluse the same, pay either betore o~ aftet delinquency any ot all of those ce~tain osli=ations required by the terms hereof to be paid by the Mortta~ot fot the protection of lhe mc+rt~a=e security or for the col- Irrtion of the iodebtedness hereby secured. All sums so advanced ot paid by the Moctsasee shall be chat~ed into the martga~e account anJ become an inte6ral part therea[, subject in all respects to the terms. conditio~s, and c~~venants of the aforesaid promissory note. and this mort~ate. as fully and to the ssme extent as thouth • put of the ari~ioal indebtedness evidenced by said note and secured by this moct~a~e. exe~ptin: howevet. that said ~ sums ~hall be repaid the !1~wt~aaee forthwitb upon its demand and be in addition to the re~ulu monthly install- ments pravided by the mottg~ae note. 3. That the abstract or absuacts of title coverin~ the mort~a~ed pwperty sball at sll times. durin~ the life uf thi. mortgage, remain in possession of the Mortta~ee snd in event ot the foteclosure o( this mon~a`e a othet transfzr of ti~le to the mortgaged propeny in extin=uishment o[ the indebtedness secured hereby. all ti~ht. title and ~nterest of the Mortgaaor in and to any such abstracts of title shall pass to the palrchaset or `~antee. a. To the exteot of the indebtedness of the Mort~a=or to the Mortjatee desctibed herein or secured hereby. the \Iortgagee is hereby subrogated to tl~e lien ot liens and to the ti~ht: of the owners and holders thereof of each and every mortgage, lien or ather incumbrance on the Iand described 6erein which is paid and/or satisfied. in wholz or in part, out of the praceeds of the loan described hereia ot secured hereby, and the respective lien: of said mortgages, liens or other incumbrances, shall be and the sune and each of them hereby is preserved and shsll pass to and be held by the 1~1ort~a~ee herein as secutity for the indebtedness to the Mortsafee herein described on c~reby secured, to the same extent thst it would have been preserved and would have been passed to aad bean held by the ~Mrt6a=ee had it been duly and re~ularty assianed. traasferrad. sat over, and delivered unto the Mort• gagee b~~ separate deed of assi~nment. notwithstandint the fact that the same may be satisCed and cancelled of record, it beinQ the intention of the parties hereto th~at the same will be satiafied and eancelled of recotd by the holders thereof at or about the time of the recordins of this natt~aje. 5. ln the event the ownership o[ the mortsased premises, or any put thereof, becomes vested in a person other chan the ~lortgasor. the ~lortaagee may. without notice to the Mort=aaa. dea! with such successor or suc- cessors in interest with reference to this deed and the debt hereby secuced, ie the same manner as with the Mort- gagor w~thout in any way vitiatin6 or dischar~ing the Mott~a~or's liability heceunder or upoa the debt heteby secured. No sale of the premises hereby rtwrtgesed and no forbeuance on the part of the Mort~aaee, and no ex- cension of the time fur the paymeat of the debt hereby secured =iven by the Mott=a~tee shalt operate to release. discharge, modify, change or aftact the original liability of the Moct6a~or hecein eithet in whole or in part. ' 6. The lien of this deed secures and shali contiaue to secure paymeat of said indebtedness or indebted- ness, however evidenced, whether by said promissory note or any tenewal or extenaion thereof or substitute thete- for, or otherwise, until all such indebtedness shall have been fully paid. , 7. /n 1he e~•ent the mor?gagors sell, convey or ~ronsjer the mo?tgaged prtinises during the lije oj this rnort- ' Rage. Ihen ~h~s morlgage shall, at 1he option oj the blortga~ee he?ein, 6ecor?se inunediately due and payo6le for the ju/l swn oJ ~he principal bal4nce and interest then due. ' 8. The tenns "Mort6agor" and "Mortaaaee" whenevet used in this insttument shall include the heirs. ~ personal representatives, successors and assigns of the respective parties hereto. Wherever used the singular f number shail include the plural and the plural the singular. and the use of any sender shall inclode all genders. I ~ Si ed, seale d de ' ere in the sence of- C~ i~~~~ (Seal) ~ i (Seap ~ ' - ~ STATE OF FLORIDA I ~ COUNTY OF~ ( ss ~ ST.LUCIE ~ ~ Before me personally apPeared ~S ~s an unmarried woman, also known as ~ to me weti known and known to me to~~ndivi uals escnbed in and who esacated the fore`oin~ inatrument, ~ and acknowled6ed before me that they executed the same for the purposes thereio expressed. WITNESS my hand ~ and of[icial seal in the County and State last aforesaid this 9tt1 D8y of Oetober, 1975 ; ~ ~ ~ ~ ~ ~ ~ +~~i,,, " . _ ~ ~1y Commission Expires: JuRe 30, 1979 Notary Public. State of ~~r ~ - - ~ . ~ ~ ' ~ ; , .-"ve~ ~ ; ,r _ ~ 0 p - *'!D~;~ L,~j L; ' o ~ ~ ao~x 245 P,~ . . . ~ . t~~•~~; u ~ ' - ~ : _ . _ _ . _ ~ ~