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Home My WebLink About0258 our file ~5-37,174 thro mwira~t .w othe~ trans(e~ ul hUe w ~Ae mo~~~aeed poperty ~n eaun~u~shnKnl w ~he ~ndeauJnt~a ~r~wcJ Ac~e~Y. aU n~hi, ~~Ue amf mtere~l .,f ~Ae N.u~~a~w m~nd lo any ~nswance polic~es then ~e (o~ce sA~ll p~s! lo iht putthasc~ w ~r~mee. (h1 7o pe~(~vm, ~wnO~Y W~~h aod as~de by tacA sod every lht st~pulal~ons, s~rtementa, cond~t~ans and coven~nts ~n a•~d prwn~~~o~y note and m th~. derd .e~ (o~ih. That ~I sny of ~a~d suma uf n+oney hert~n re(erted to be nol ptaap~lY snd fully pa~d r~~A~n f~ftoen dsys nea~ aiter Ihe ~a~ne sevt~slly becaaes due and p~Y+slt.a ~t e~cA and every ihe s~~pul~~~ms. ~~reemen~c, .nnJN~ons anA covenan~s o( s~~d pos~s• spy note and tA~s deed, o~ e~~her, ue t?o~ fully per(oreed. caspl~ed W~th and ae~ded sy, ~he +~id ast~e~ste swn n+ceuoned ~n sa~d pan~ssay note sA~ll becoue due sn0 paYa~le (athw~tA a ~Ae~e~tler •1 ~Ae op~~a+ ot tAe Mw~~atee as fully and compleuly s: d thc s~id a~~rc~ate eua~ o( sa~d pram~aurY eote ~r~s a~~~n~11Y supulaled to be ps~d on sucA d~Y. anytA~n~ m sud oraa~asay no~e on c~re~n to IAe contrsry no~W~tAsland~nR. 1 Tha~ ~n ade~ ~o accele~att tAe mstunty ot the ~ndebtcdeess Aereby secwed, because o( ~Ae (a~lure o( tAe Mat~a~w to paY a~Y usecsn?ent, i~abt6ly, obh~at~on ~+r encwaDranee upon s~~d property. as Aerem po~~ded. ~1 shall not be nscescary a repu~sue that tAe mw~~sRee shsll fnc~ psy ~he saa?e. 2. The !~tortgagee may, at his opt~on. and without wa~vins his right to accelerate the indebtedness hereby secured and t~~ foreclose the same, pay either befote or after delinquency any or all of those certain obligations required by the terms hereof to be paid by the Mortgasor [ar the protection oi the mc~rtgage security or for the col- lectian of the ~ndebtedness hereby secured. All sums so advanced ot paid by~ the !Nortgagee shall be charged into the mutlgage account anJ become an integtal part theteof, subject in all respects to the terms, conditions, and covenants of the aforesaid pram~ssory note. and this mottgage. as fully and to the same extent as thou~h a part af the original ickiebtedness evidenced by said note and secured by this mottgage. excepting however. that said sums shall be repa~d the Alortgasee forthW~~h upon its demand and be in addition to the tegular monthly instali- ments ptovided by the moct6age note. 3. That the abstract or abstracts of title covetinE the mortgaged property shall at all times. durins the life of this mortgage. remain in possession of the Mottgaaee and in event of the foreclosure of this mottga6e or other transfer of utle to the mortgaged property in extinsuishment ot the indebted~ess secured hereby. all ciEht. title and ~nterest of the `lortgagor in and to any such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtedness of the Mort~agor to the Mortaagee described herein or secured hereby, the hlortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of esch and every mortga6e, lien or other incumbrance on the land desctibed hetein which is paid and!or satisfied, in whole or in part, out of the praceeds ot the loan described herein or secured hereby. ar~d the respective liens of - said mortEagcs, liens or other incumbrances, shall be and the same and each of them heteby is preserved and shall pass to and be held by the ~Aortgagee herein as security for the indebtedness to the Mortgagce herein desctibed or hereby secured, to the same eatent that it would have been preserved and would have been passed to and been held by the !1Mrt6agee had it been duly and re~ulatly assigned. transfetted. set over. and deliveted unto the Mort- gagee by separate deed of assignment, notwithstaading the fact that 1he same may be satisfied and cancelled of record. it be~ng the ~ntention of the parties hereto that the same will be satisfied and cancelled ot record by the holders thereof at or about the time of the recordin~ oi this mortgaga S. In the event the ownership of the mortsaged premises, or any part thereof, becomes vested in a person other than the !~lortgaaor. the ~lottgagee may, without notice to the Mortgagor. deal with such successor or suc- cessors in interest with reference to this deed and the debt heteby secuted. in the same manner as with the Mort- gagor without in any way vitiatina or discharain6 the Mortgagot's liability hereunder or upon the debt hereby ~ secured. No sale of the ptemises hereby mortgased and no forbeuance on the patt of the Mortgagee. and no ~ea- tension of the time for the payment of the debt hereby secured given by the Nort6agee shall operate to release. discharge. modify. chanse or affect the orisinal liability of the Alortga6or herein either in whole or in part. 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebted- ness. however evidenced. whether by said promissory note or any renewal or extension thereof or substitute there- ~ t for, or otherwise. until all such indebtedness shall have been fully paid. ~ ! 7. /n rhe event the mortgagors-sell. convey or transJer ~he mortgaged p?anises during the lije oj this inort- ~ guge, then [his mo~~goge shall, at th~ op~ion oj the Alortgogee herein, 6eco?ne irnmediately due and paya6le for the Jull swn oJ 1he pnncipal balance and interesl then due. ' 8. The terms "Mortgaaor" and "Mortgagee" whenever used in thic instrurrient shall include the heirs. personal representativ:.:, successors and assigns of the respective puties hereto. Wherever used the singular number shal{ include the plural and the plutal the singular. and the use of any gender shall inctude all genders. Signed, aled a deliver i e presence of: Q~ J~ ~(Seal) C ~Seap ~ ~l. s~/.: ~ STATE OF FLORIDA ~ COUNTY OF~ ~ ,s ST.LUCIE Be(ore m~ personally appeared OSCAR KLECKLEY and IRENE KLECKLEY, his wife ~ ~ to me well known and koown to me to be the individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes there~n ezpressed. WITNESS my hand and off~cial scal ~n the County and State last aforesaid this Zbttl DSy of Mareh, 1977 Hy c«~,m~SS~o~ Fxp~r~s: June 30. 1979 Notary Public, State of FlOr~(~S • l~~ fIL 0 A!!~ , ~ i:-,~~ - E " RECVgDF~ . ST. IUCiE GOUNTY ftA . = : _ i _ ROCER PQITrtAS = - CLERK CiRCUIT CaURT " " . " ' - RECORD VER~FIEp~,~ . ` , ' = A~P ~ I s9 PN'~1 . ~.~p ~ ~T:;-+ • Ft~t ~.IJU PAGE GiJO ~ ~ 3~2004 - =~~.,~wy~ r . - _