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iA~s inw~~~{e w o~As~ u~nsle~ ol ~~Ue w ~As ~a~~~~ed poperly ~n sa~ie~uu~sen~ u~ ~~e ~nde~udness .e,wed ~~rea). ~u r~~M. i~Ue ,
•nd in~eres~ o( ~Ae 1Aw~~~{w ~n and lo ~~y ~nawa~ce ool~ues ~hen ~n lace sA~ll Pas• Io ~he OwcMscr w ~~~n~ee.
(A1 To oe~IMiw, cweply ~r~t~ •nd •Y~dt er e~cA aeA e~ery tAe supul~~~ons. •+rten~ents. tond~uo+~~ and covenan~s ~n ~~~d p~u~~aao~y
eott •nd ~n iA~s dt~0 aet Iw~A. '
l~l TAat J~ny of aa~d sw~a ol aanty he~e~n ~ettaed to pe eot ptaap~ly and fully oud ~~~1+~n hf~een ~ays neu ahs~
the s~n~e ~everally secanes due and paY~slt.a ~f eacA snd erery ~he s~~oul~~~ons. ~~reen~en~s. ~ond~~~oe~ and covsn~e~s o( sa~d otow~s.
sar no~e snd ~Ais deed, or e~tAe~, •~e no~ Iu11Y O~rforeed. cainpi~ed ~r~~A snd as~dcd ~Ae .a~d a~~re~a~e swn mem~onsd ~n sa~0
pinw~ssa~ no~e sA~ll become due and psYable laM.~tA or ~Aere~([er •1 ~Ae op~~on o( tAe ~lo~~~a~ee ~s /ulty ~nd complet~ly as ~t ~he
s~~d a~~re~~~e sus ol said porn~aao~y eote vr~s w~~~na11Y st~pul~ted to be p~~A m s~ch A~). anytA~n~ ~n a~~d p~amssory noie w Aerc~n
~o ~Ae coelrur na.~~hs~~nd~n~.
V 1 That ~n ixder ~o accNerHe ~At a~a~un~y of the ~edebtedness Aaeby secwed, secause ol i~e (a~l~~e o! ~Ae Ma~~~~or ~o pay sny ~a~.
as.c.smen~, I~s~~hty. obli~aUOn n~ encumpqnce upon sa~0 p~opa~Y. ~s Ae~c~n p~ov~ded. sAall no1 bc ne.esaary o~ ~edu~s~te ~ha~ ~he
mor~~~~ee shall trra~ psy tht ssue.
The ~1or~~a6ee may, at his option. and w~thout wa~vin~ h~s t~`ht to accele~ue ~he ~ndebtedness hereby
~e~ured and t~~ foreclose the same, pay either betore or after delinquency any or all of those cetta~n obl~~at~ons
requ~red by the terms hereof to be paid by the ~1o~t~a~or for the p~otection of the mc~rtaa~e secur~ty or for the col-
lectioe of the ~ndebtedness hereby secuted. MI sums so advanced or pa~d b>~ the ~1ort~aeee ~hall be char~ed ~nto
the mattga`e account anJ become an inte~tal part theteot, subject ~n al! respects to the terms, cond~t~ons, and
covenants of the aforesa~d promissory note, and th~s mott~a~e, as fully and to the same extent as thoueh a patt
of ~he or~einal ~ndebtedness evidenced by sa~d note and secured by th~s murtsa~e, except~ng however, that said
cums shaii be repa~d ihe hiortga~ee iorihw~th up~a its Gerri~~id aad ~ in add~t~on to [I1C i~~UI~~ Ifltlfltlfly ~~staii-
ments prov~ded by the mottsa~e nota
3. Th~t the abstract or abstracts of t~tle coverin~ the mortsaaed property shall at all t~mes, dur~e` the life
of thic mottgage, remain ~n pc~ssess~on of the \iott6a~ee and in event of the foretlosute of this mottsaae or other
transfer of i~tle to ~he mort~aged propetty in ext~n~uishment of the indebtedness sec~red hereby. ail ri~ht, t~tle
and mterest of the ~lurtta~or ~n and to any such abstracts of title shall pass to the purehaser or ~rantee.
4. To the extent oi the ~ndebtedness of the Mort~asor to the Mort~a~ee descnbed herein ot secured hereby.
the ~brtgatee is hereb~• subro~ated to the I~en or liens and to the n~hts of the owners and holders thereof of each
and every mortga~e, I~en or othet incumbrsnce on the land descc~bed hetein which ~s paid and.'or satisfied. ~n
whole or ~n pa~t, out of the proceeds of the loan described herein or secured heteby, and the respective liens of
said mott6ages. liens ot othet ~ncumbrances, shall be and the same and tach of them heteby ~s preserved snd shalt
pass to and be held by ths !~1~rt~a~tee here~n as security for the indebtedness to the tilottga~tee herein descr~bed
or hrreby secured, to the same eatent that it would have been preserved and would have been passed to and been
held by ~he \1o~t`a`ee had ~t been duly and re~ularly assi~ned, transfened. set over. and d~l~vered unto [he Mort-
ta`ee by separate deed of ascianment, notwithstandint the fact that the same may be sat~sfied and cancelled of
record, ~t he~ng the ~~tent~on of the patt~es heteto that the same w~ll be satisf~ed and cancelled of record by the
holders thereof at or about the t~me of the recordin~ of this mott~a~e.
S. In the event the ownership of the mort~s`ed premises, ot any part thereof. becomes vested ~n a person
other than the \lortsa~or, the ~1ort`a~ee may, witfiout notice to the Mort~aaor, deal with such successor or suc-
cessors ~n ~ntetest w~th reference to this deed and the debt hereby secuted, in the same manner as with the ~1ort-
`a~or w~thout in any way ritiat~ns ot d~schar`~n~ the Mott~a~ot's I~ab~lity heteundet or upon the debt hereby
secured. No sale of the prem~ses hereby mort`a~ed and no forbeuance on the part of the ~1ort`aaee, and no ez-
tensicx~ of the ume for the payment of the debt hereby secured siven by the Wortaaaee shall operate to release,
d~schar6e, mad~fy, chan`e ot affect the on`inal I~ab~lity of the Mort`atot here~n uther ~n whole or ~n patt.
6. The lie~ of th~s deed secutes and shall continue to secure payment of sa~d indebtedness or ~ndebted- ~
~ ness, however evidenced, whether by said promissory note ot any renewal or eatens~on thereof or subsutute there-
il (or, or otherw~se, unul all such indebtedness shall have been (ully paid.
~ 7. In the evtn~ tht n~or?gego?s stll, convey o? !?ansjtr 1ht mortgaged prern~ses dur~ng eht l~j~ oj [his n~o?t-
I AoR~• then th~s mortgoge sholl, e~ tht opt~on oJ tht Afo?tgag~e h~.ern, becornt ~nimtdiattly due and payablt Jor ?he
' Jofl sun~ oJ fh~ pnncipal bafanc~ ond inttrtsr ?h~n due.
8. The tertns "Mott~a~or" and "Mo~t~asee" whentver used ~n thic ~nstrument shall ~nclude the he~rs,
personal represenutiv~s, successors and assigns of the respect~ve parties hereto. w'fierever us~d the s~naular
number shall include the plural arid the plural the s~n~ular, and the usc of any ~ender shall ~nclude all ~enders.
Si ed. sealed 1 e ~n t preseoce o(: ~4'~'?'~t~ B`'~j''~~~ (Sea11
~d//~ 7~J ~Seall
;
STATE OF FLORIDA ~ -
COUNTY OF KX~~ j ss
ST.LUCIE ~
Be(ore me personally appeared HOMER DANNER and WANDA DANNER, his wife,
to me well known and known to me to be the ~ndividuals described in and who executed the fore`o~n` ~nstrumcnt,
and acknowledsed before me that they executed the same fot the purposes there~n expressed. WITNESS my hand
and off~c~sl seal ~n the County and State last aforesaid th~s 4th Day of Deeember, 1976.
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~+Iy Commiss~on Expires: June 30, 1979 Notary PubLc. Sute d•'"'~} _ ~ f~' t r e
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