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Home My WebLink About0407 • Our file 5-36,739 tA,. mur~p~~r ~N ~~~Ar~ trar.~tre ut U~le tu ~At mu~t~~~ed po~~~~ ~n e?I~nru~sAment ut trc in~rAttAnc.. .e.:.~rd h:~r~~t. ,.1. r~~A~. !~~le •nJ ~m~~rt ul iAe \1~~niarw ~n •nd to ~n~ in~w~oce pul~~iec ~hen in Iw.e .hall pa~s ~u ~Ae pur~A~~e~ m K~rn~e~. (A) prrt~am. ..~mpiv r'~IA •nd ab~de A~ tuA ~nd evt~y IAt st~pul~t~~m~. •~rctmtm~. aond~~~o~. ~nd co~enant. ~n ..~d pn.m~~~u~~ n.ue and ~n :Y~. dacJ .rt fot~A. (i 1 7ha~ ~f a~1 ~aid xum~ ul monc) hercin rNenrd tu ~e nw promflil) •nd ~ully pa~d r~tA~n (~l~cen ~~y? ne~t attt~ ~Ae s~me ~e~eraUy be~omes Juc an3 pa)ahte.w ~I e~cA ~nd erery ~he ~upulat~nns. ~Rreem~ot., .ond~~~un. •nd co•enam~ o( +a~d ptan~a- ~aY nole and ~A~a dctd. u~ euhcr, arc no~ fu11Y p~r(ormed. compl~ed ~~Ih ?nd ae,d~d nti. the .~~d •i~tcs~tr ~wn mcm~uncd m s~~d ~wcumssor~ nu~e chall bec.~me Juc and pa~~bie fee~Ar~tA or Mercatter ?t ~Ae op~~on o( ~Ae \1u~~~~~ce •ti lully •n~ cnmple~el> as d ~Ae +aiJ ~~sre~~~r ~um ot sa~d prom~~.o~~ note rs~ un~~nslh' sUpulNed ~o ht paid m cutA dyy. anytA~n~ m sa~d ptom~~auty note or ht~e~n w ~he :.~nuar~ nntruh~t~nd~nF. 1~ 1 Thre in o~Jer tn x.eleraie ~~t matw~~y ul the ~ndebtednes~ hereb~ .eau~ed. because .d tAc ta~lure ol ~Ae NuURa~a~ ~o paS any ~a~, rc.t.rment, I~~A~I~t~. ~~I~~atinn rn~umbrmct upun ~s~d p~ope~~y, a+ herrm ptor~~eJ. ah~ll no~ Ac ne.e..ary w reQws~u tAat ~he • mu~~raRee a~all lu.t p~y 1he +~mc. 2. The \1~~rtgagre may, at his i~~on, and va~thaut wa~v~ng hi~ nght ta accelerate the ~ndebtedness hereby ~c~urrd and tu f~~reclusr ~hr .ame, pay e~lher befort ot after del~nquency any ot all of those certa~n obl~gat~on~ tequ~r~d by ~he lerms hereof to he pa~d by tht ~lortgag~~t t~r the protection of the mortgage secunt~• or fot the col- ' lect~on ~~f the ~ndebtedness herehy securrd. All sum. so ~dvanced or paid by thr ~i~~rtgagee shall be charged ~n~a, ~Ij~r marlgagt account and hecome an inttRtal part thareot, sub~ect ~n all respects to the termti, cond~uons, and ~ cuvrnants of thr afc?resa~d prum~ssury ni~te, and this martgage, as fully and to the same extrnt as though a part of the or~~~nal indebtednes~ ev~denced by sa~d note and secured by this mort~age, excepting howevet, that sa~d sums shall be repa~J the ~tortgagee forthwith upon its demand and be in addition t~~ the regular mo~thly ~nstall- ments prov~ded b~• the mortgage note. 3. That the ahstract or abstracts of t~tle covering the mortgaged property shall at all times, dur~ng the life of this rtn~r~gage, rema~n ~n poscess~on of the \Mrtgagee and in event of the ~areclosute of this mortgage or other transfzr of title to the mortgaged ptoperty in extinguishment of the indebtedness secured hereby, aU r~ght, htle and mterest of the ~t.~rtgago• in and to any such abstracts of title shall pass ro the purchaser or grantee. ~3. To the eztent of the ~ndebtedness of the Mortgagot to the Slottgagee described herein or secured hereby, the \tortgagee is" hereb~• subrogated to the lien or liens and to the nghts of the ow~ets and holdets thereof of each and even mortgage. I~en or other ~ncumbranc~ on the land descnbed hetein which ~s paid and'or satisfied, in whole or ~n part, out of the proceeds of the loan described herein ot secured heteby, and the respective lieos of sa~d mortgagts, liens ~r other ~ncumbtances, shall be and the same and each ot them heteby is preserved and shall ' pass to and hr held by the ~~ortgagee herein as security fot the indebtedness to the ~lortgagee herein described ! or hrreby stcured, to the same extent that it would have been preserved and would have been passed to and been ~ held by the \lartgagee had ~t been duly and regularly ass~gned, ttansferted. set over. and deliveted unto the Nort- gagee b~• separate deed of acsignment, notw•ithsta~d~ng the fact that the same may be ~aUsfied and cancelled of record, it being the ~ntentian of the parties hereto that the same will be satisfied and cancelled of record by the holders thereof at or about the ume of the recording of this mortgage. 5. In the event the ownersh~p of the mortgaged ptemises, ot any part thereof, becomes vested in a person other than the ~k~rtgagor, the \lortgagee may, without notice to the \lottgagor, deal with such successor or suc- ' cessors ~n interest Kith reference to th~s deed and tht debt hereby securcd, in the same manner as with the \1c~rt- gagor w~thout in an~~ way v~t~ating or discharging the Mortgagor's liability hereunder or upon the debt hereby I' securcd. No sale ~~f the premises hereby mortgaged and no forbearance on the part of the tilortgagee. and no ex- 'j tensian of the ume fot the payment of the debt hereby secured givea by the 1~ortgagee shall operate to release, d~scharge, mod~[y, change or affect the orig~nal liabitity of the ~tottgagor here~n tither in whole or in part. 6. The I~en of this deed secures and shall continue to secure payment of said indebtedness or indebted- Ij ness, however ev~Jenced, wheth~r by said prumissory note or any reneK•al or extens~on thereo[ or substitute there- ' for, or otherw~se, until all such indebtedncss shall have been fully paid. ; 7. /n ~he et~ent the mnrlgaRors sell, convey or t?ansjer rhe mortgoged prernises dunng lhe liJe oj th~s mort- ! QaRe, then thes mortgage shQll. Q~ the option oj the lfortRagee herein, become immediateJy due and payable /or ~he ~ Jull su?n oJ thr p.~ncipal balance and interest then due. 8. The terms "!1lortgagor" and "!1lortgagee" whcnever used in thic instrument shall ~nclude the heirs, i personal representativ~.. successors and assigns of the respective parties hercto. w7~erever uszd the singular i number shall include the plural and the plural the s~ngular, and the use of any gendcr shall include all genders. i ~ - ~ ~ S~gn seale a li red ~ he presence of: (Seal) I - i ~z ~ ~ d1<<.c-t'Z-P ~ - ~ Seal) ~ , yy) ~ KL~ ~ ~-»r_ o. _v ~ s i ' - ' STATE OF FLORIDA I j COI,'NTY OF ~ ~s ST . L~~ Before me ~+ersonauy~ aPPeared j,Ep J. GUETTLER~ JR, and EDNA L. GUETTLER~ his wife, to me well known and know•n to me to be the individuals described in and who ezecuted the foregoing ~nsuument, and acknowlcdged before me that they caecuted the same for the purposes therein ezpressed. WIThESS m~~ hand and offic~al scal ~n the Count~ and State last aforesa~d th~s 30th Day of Deeember, 1976. ~ ~1y Comm~ss~on Fx~~~et: _June 30, 1979 Notaty Publ~c, S[ate oj ~~:~•1~a,~~~t ° r t J. .;Ol r f t~EO~~E ~O1~fN'~ ~ F~ R 35 V~89 . ~ ` g1.LIS ~~t~R?5 , ' ~ RGGE~ ~ltK~ ~ - -~ss'- :•c, ctEall C?aC~lt c ~ ~.~,+ty' : RE~~~~ ~ERtf ~E~ ~ y sy ~ T.~T ~ C,, - , : " ~ P1~ - ~ ~ a..~~~; d~~K Zb3 F.,,E u:~.. f ~ ~ _ _ _ _ _ Y_