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Home My WebLink About0307 Our file 5-36,738 tA~. mu~~~taKc ~N ,~~hri urn+Ic~ uf ~~~Ic tu ~hc mu~i~~~cJ ptnne~t~ ~n r•unKu~aAmen~ u1 1Re indc~~eJne~..c.~~rJ ~are+~~. ~~t e~jh;, ~~ii~ anJ ~nivee.~ ot tht \1~~i~~ar.~r ~o and ~o an~ i~auuo.e pulic~e~ tAen ~n lurae .Aall M~? ~u ~he pur~h~~er m~r~nier. lAI i.~ r~,~,.~~~. ...mr~v ~~~A •nd •l+~Je b~ eaah ?nd every IAe ct~pyl~lu.n+, •~reemtol~, ~nnd~Run~ ~nd ~o~en~m. ~n .~i, pr~.re,.~~.~~ nute ~nd ~n ~A~. J~cd .r~ Ior~A. li 1 lnat ~I any u1 .a~d ~um~ ut mune> h~ie~n ieteucd tu Ae nut prumptl) arW full~ pa~d r~~h~n (~t~etn C~y~ ne~~ al~e~ ~Ae same ~c~c~~lly br~umes Jue and paYaAle.<w ~1 ea~A •nd tvery ~he chpul~h~.ns. a~teemcnt~, ~~~nd~tu~n~ •ed cu~en~nt? ol ~a~d prurn~s. ~wy no~c ~nJ tAu dced. ~,r euhe~. •re not (u11Y perfamed. c.~mpl~ed ~~th and aD~ded ~1. ~ha .~~d a~~reR~~c ~um mcni:uned m sud pwn~~son nule shill bec~rne dur and pa>~bie (a~h~uh ~H ~Ae~ealter at tAe ophun ot ~he tlonRa~ee •s fully ~nd iomplettly d ~Ac ,s~d as~re~~~e .um o( aa~d pr~xn~c~o~y noie v~~s on~~nally cupula~ed to be pa~d cx~ ~ucA d~). •n~~A~n~ ~n sa~d prom~~sury no~e er Aere~n tu ~Ae .onh~ry notr~thaland~nR. li 1 Th~~ ~n nrder ~n accelerate tAe mawr~~y uf ihe ~ndebtedne~~ hereAy ~ecwed. Aecause .~I ~he f~~lure ul tAe ~1u~~`~~.~~ iu p~) any ~~a, ~c~t.>ment, IuA~lih. ohiir~ucx~ ..r rn~umbrance uM~n as~d prope~ty. a+ herein p~o~~deJ. ~h~ll not be ne.t~.ary w reQu~s~~e that thr m~a~~a~ee ~As~l fu.t pay the vme. 2. The \turtgager ma}•, at h~+ option, and w~thout Ka~vi~g h~~ right to accetetatr the ~ndebtedness hereby ~e.:urrJ anJ t~~ furrrluxr th~ ~ame, pay tithet before or after del~nqurncy any ~~r all of those certain obl~gat~ons requ~red by thr tetms hercaf to he pa~d by the ~lortgag~~r for ~he prottction nf Ihe mortgage secut~ty ot fot the col- trrtian ~f the ~ndeberdnesc herehy ~ecured. All sums ti~? advanced e?t paid by thr 11~~rtgagee shail be cha~ged m~o = the mortg:+gr accuunt anJ hea~mr an integral part thereof, cub~ect m all tespectti to the term~, cond~tions, and cuvtnanis of thr afurrsaid pmm~s~~~ry note, anJ th~c mortgage, as fully and to thc same catent as though a part uf the onginai ~ndehtedness rv~denced by said note and secured by this mnttgage, except~ng however, that sa~d sums shall be repa~d the ~tortgagee forthwith upon ~ts demand and be in add~uon to the regular monthly ~nstall- ments prov~ded by the mottgage note. 3. That the abst~act or abstracts o~ title covering the mortgaged property shall at all times. dut~ng the I~fe uf this rrn~n~age, remain in possess~on of the ~lottgagee and i~ event of the •foreclosure of this mortgage or other trans(tr of utir to the rtx~rtgageJ property in extin6wshment of the indebtedness secured hereby, alt tight, ti~le and ~ntere.t of the ~turtgagor in and to any such absttacts of title shail pass to the purchaser or grantee. 3. To the extent o( the ~ndebtedness of the Mortgagar to the 4lortgagee dcscribed herein or secured hereby, the ~lortgagee ~s hereb~~ subrogated t~ the I~en or liens and to the rights of the ownets and holdcrs theteof of each a~d every mortgage, I~en or other ~ncumbtance on the land desctibed herein which is paid a~'ot satisfied, ~n ` whole or ~n part, eut of the procecds of the loan described herein ar secured hereby, and the respective liens of said mottgages. I~ens or other ~ncumbrances, shall be and the same and each of them hereby is preserved and shall ' pasc to and he held by the \lortgagee here~n as secunty for the indebtedness to the Alortgagee here~n desctibed ~ or hereby secured, to the same extent that it would have been preserved a~d would have been passcd to and been held by the \1~~rtgagee had ~t been duly and regularly assigned, transferced. set ovet. aod del~veted unto the Mort- ~ gagee by separate deed .of ass~gnment, notM~thstand~ng the fact that the same may be satis(ied and cancelled of - i ~ record, it being the ~nteotion of the part~es heteto that the same will be satisfied and cancelled of record by the j holders thereof at ~~r about the ume of the tecarding of this mortgage. f 5. In the event the ownership of the mottgaged ptemises, or any part thereof, becomes vested in a person ~ nther than the ~tortgagor, the \lortgagee may, without notice to the ~lottgagor, deal with such successor or suc- t cessors ~n interest with refetenre to this deed and the debt hereby secuted, ~n the same manner as with the ~1ort- ~ gagot v?~thout in am~ way v~teating ot d~scharg~ng the ~lortgagor's I~ab~lity hereunder ot upon the debt heteby ~ secured. No sale ~~f the premises hereby mortgaged and no forbearance on the part of th~ !1lortgagee, and no ex~ ~ tension of the time for the payment of the debt heteby secured given by the ~lortgagee shall operate to release, E discharge, mod~fy, change or affect the originat liability of the "llortgagor here~n either ~n w•hole or in patt. ; 6. The I~en of th~s deed secures and shall continue to secure payment of said indebtedness or indebted- ; ncss, however ev~denced, whether by said promissory note or any renewal o~ extens~on thereof or substitute there- ' for, or uthetw~se, unul all such indebtedness shall have been fully paid. i 7. Ire the e~~enr the mortgagors sell, convey or t.ansjer the mortgaged prernises during ~he liJe oJ th~s mo.t- ~ qnRe, then rh~s mortRaRe shall, at the op~ion oJ the ,'11ortAagee herein, 6ecome inimediatety due ond ~wyable jor the ~ Jul1 sum ol the p.?nc~pal bafance and ~reterest then dae. • 8. The terms "tilortgagor" and "Nortgagee" w•henever used in thi~ ~nstrument shall ~nclude the heirs, ~ personal representauvc.. successors and ass~gns of the respecuve parties hercto. N~erever used the s~ngular ~ numbrr shall include the plural and the plutal thz s~ngular, and the use of any gender shall tnclude all genders. ~ i i ~ . f S ncJ, sealcd nd d vere ~n th pre ence of: (Seat) ~ - E ~ •~Seal) E f ~.i ,YYI~. 3,~.` , ~ 6 ~ ~ STATE OF FLOR(DA I ` COL~vTY OF~ ~ I ~ STe mcj pi sonally appeared RICHARD C. ~ 8R unmarried IABII ' to mc well known and known to me to be the indiv~duals descnbed in and who eaecuted the forego~ng ~nstrument, and acknowledged before me that they executed the same for the purposes therein expressed. W~TI~iESS mv hand and off~c~al tieal ~n the Count} and State last aforesa~d this 14th Day of Ja ary, ~.977 ~1y Comrr:ss~on Fx~?~~es: _June 30, 1979 Notary Public. State of FlOY'~ 8' Y' e. ftLEfl iE COUN?Y Fl~. ~S~O ~c ' " S'[. WC ap.,fR PG~TRAS CIER'~ CtRCU1j CC~RS _~t,' RECORi~ VERIf~EO ~'L' ' dU ~N 263 ~s i~ ~3 a~~ ~a~E 29~ ~ . ~