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Home My WebLink About0535 Our file 5-34,735 th~~ mon~aKe ~r othei Itan~lt~ ol u~le W tht mo~~r~~ed prope~~y ~n e~unsw~AmeM ut Ihe ~ndt~~tdnt~s ~t~urrd ho~e~~, all n~ht, ~itlt ~ and ~nte~t.l ut ~Ae \1o~~Ya~~t ~n ~nA to ~nY ~nswance pohc~ea then ~n (u~ce shali psas ~o Ihe putcMsci w~raniet. i ~A) To perf.wm, cumply vuA •nd a~~de ~y "each and evety the s~~pul~~ions, s~retments, tondil~on. and covenaots ~o prum~.so~y ~ note and m ih~. decd +e~ toriA. 1 Ths~ i( anY u( ~a~d sum~ u( muneY hcrt~n ~e(etted ~o be nol promptly a[W (u11y p~~d ~~~hin (~f~een ~ays neat alter tAe ssmt severally becomes due and payaAle,or ~f e~ch and every the s~~pul~t~uns, a~~eemeatc, condii~oes snd coven~n~s o( sa~d praa~s. swy note and lhu dced, or euher, s~e not (uily pcrtwmed, c~waDl~ed W~th and se~ded Ay, tAe ,a~d a~srepte smo menuoned m sa~d prom~ssay nute shall become due and psYable (wtA.~th w ~Aerea(ter at tAe option o( ~he Nu~~~a~ee as fully and completely ss d Ihe seeQ a;~re~ate suee o( as~d M~~«NY ~n~e +~ss a~pnally supulated Io be pa~d m sucA day, anylhm~ m sa~d p~om~ssorY note or herem tu the comrary notr~~hs~and~n~. ) Tha~ ~n order to acctlera~e the mawr~ty of tAe mdebtedness hereby secwed, bec~use oi the (a~lure o( ~Ae Mo~t~a~or ~o pay sny ua, assessmenl, IiaA~~qy, obl~~ahon ~x en~umbrance upoe ss~d prope~ty, as here~n pro~ided, sha11 not be necesca~y or reQws~u thit the mir~~a~ee shal! f~r.t pay the samt. ~ 2. The \lortgagee may, at his option. and without wa~ving his right to accelerate the indebtedness hereby ~ serured and to forecluse the same, pay either before or after delinquency any ar all af those certain obliaations requircd by the terms hereof to be paid by !he !Nart~agor for the protection o[ the +rMrtgage securiry or for the co!- leclion of the indebtedness her~by secured. All cums so advanced ot pa~d by the !Nc~ttgagee shall be charged into thc martgage account anJ become an integral part thereof, subject in all respects to the terms, conditions, and ~ covenants of th~ aforesaid prum~ssory note. and this mortgage. as fully and to the same extent as though a part of the ariginal indebtedness ev~denced by said note and secured by this mortgage. excepting however, that said sums shall be repaid the ASottgagee forthwith upon ~ts demand and be in addition to the regulat monthly install• ments provided by the murtgage note. 3. That the abstract or abstracts of title covering the mortgaged property shall at all times, during the life of this mortgage, remain in ~+c~ssession of the AlortgaRee and in event ot the toreclosure of this mortgage or other transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right. title { and interect of the ~tottgagor in and to any such abstracts of title shall pass to the purchaset ot graotee. 4. To the extent of the indebtedness of the Martgagor to the Mortgagee desctibed herein or secured hereby. the 1~lortgagee is hereby subrogated to the lien or liens and ta the rights of the owners and holdets thereof of each and every mortgage, lien or other incumbcance on the land desetibed herein which is paid and!or satis[ied, in . whole or in part, aut of the proceeds of the laan described herein or secured hereby; and the respective liens of said mortgages, lieos or other incumbrances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security for the indebiedness to the Mortgagee hetein desctibed or hereby secured, to the same extent that it would have been preserved and would have been passed to xnd been ~ held by the ~lortgagee had it been duly and regularly assigned, transfened, set ovet. and deliveted unto the Mort- gagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and cancelled of recotd, it being the ~ntention of the parties hereto that the same will be satisfied and cancelled of record by the _ holdets theteof at or about the time of the recording of this mortgage. . S. In ihe event the ownership o~ the mortgaged premises, ot any part thereof, becomes vested in a person ; othet than the ~lottgaaor, the ~tortgagee may, without notice to the Mortgagor. deal with such successor ot suc- cessors in interest with reference to this deed and the debt heteby secured. in the same mannet as with the Mort- gagot vrithout in any way vit~ati~g or discharging the Mortsagot's liability hereunder or upon the debt hereby secured. No sale of thc premises hereby mortgaged and no forbearance on the patt of the Mortgagee, and no ex- tension of the time for the payment of the debt hcreby secured given by the Mortgagee shall operate to reiease. discharge, modify, change or affect the otiginal liab~lity of the Mortgagot herein either in whole oc in part. 6. The lien of this deed secures and shall continue to secure payment o[ said i~debtedness or indebted- ncss, however evidenced, whether by said promissory note or any renewal or extension thereof or substitute there- ~ for, ot othetwise, until all such indebledness shall have been fully paid. ~ 7. In tAe e~~enr the mortgagors sell, convey or transfer 1he morrgagtd premises during the liJe oj this mo?t- ~ 4 qage, then this mortgage shall, at the option oJ ~he Afortgvgee herein, becorne immediately due and payable jor the ; Jull suni oj the prrncipaf 6nlance and interest ~hen due. ~ 8. The tertns "Mortgagor" and "Mortgagee" whenever us~d in thic instrument shall include the heirs. ~ j personal tepresentativ~;, successors and assigns of the respective parties hereto. Wherever used the sinsular ? ~ number shall inc{ude the plural and the pfural the singular, and the use of any gendet shall include all genders. ~ I i t i Sign , sealed ~ r d ~n th presence of: ' ~ (Seal) ~ { ~ ,f ~ ~~;r~~i o'~.L ~ /Seal) ; ~ ~ .cue~ ~ ~-~2 -o- c ~ ~ , a ' ~ y STaTE oF FLORIDH I ~ cou ST . LUC~IE~ ~ 1` Be(ore me personally appeared HERSHEL BREWSTER and ANNIE LEE BREWSTER~ his wife~ ~ to me well know~n and known to me to be the individuals desctibed in and who executed the fore6oing insttumcnt, ; 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 22nd Day of May, 1976. _ ~ ~ a ~ ~ Ny Commission Expites: .TUIIe 3O, 1979 (Votary Public. State of r- 8t ar ~ • q, ~;:~1, i . ~ ~ • • • ~ ~ ~ RK~ nE~t'~ f~~~ ti 33~54 1 r=~- ~ f~~fo t ;,OI~N ` fi ,3': ~ . . : = a uc~_ ta?~ _ . 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