The URL can be used to link to this page

Home My WebLink About0057 Our File 5-42,314-5 tAis O1/HI~J~CC ur uthrr tramtrr ut ~itlr tu thr mungr~crJ pruprrt) in rslingw~hmrnl Ihr indrhl:d~~cu ucurrJ hrrrby, aU r~h~, t~tlr ~nJ interosl of ~hr ~1urlgaKur in •rnd tu roy in+urrncr p~licirs thrn in fnrcr ~ha0 pa~c Iu thr purchrsrt ur ,~t•.ntrr. (h)7'u prrform, aumply N~Ih ~nd abiJr by rach anJ rvrry Ihr ~liputatiuns, agtrrmrM~, cunditH>~~~ a:~J rnvrnants in viJ pr~~miswry nu~r and in this drrd srl turth. (il I hal if rny of viJ ~ums uf muney hrrrm rr(rrrrd tu hr nut pr.~mptl~ ~nd tull) p~~d Hrthin tdlrrn Jay, nr~l af~r~ lhr »mr setirrall> brcumra Jur ~nd payrhlr, ur ~f each ~nd rvrr~ thr ~~~pul.~uun~, a~crrrmrnh, cunJrtK~nc and iuvrn~otc u! w~J p:~.m~.w~ry nutr and th~~ draJ, ur rithrr, atr ~wt fully prrformrd, .umpl~rd ~crtA anJ ah~drd hy, thr ~~W :+~trc~trtr wm mrntiunrJ in vid p~umu.~~ry notr +hall br cumr dur and pay~hlt G~rth~~rth or Ihirr~firr ~t thr ~~punn uf thr \turlgager :~ti tully anJ compltlrly ~f thr v~J aKgreKrtr wm of vid prnm~s~~ry nolt ~~asoriR~nally st~pulatrd tn hr p~id ~~n wrh Jay,any~h~ng in.a~d ~xumi,wry notr or herr~n to Ihr c~intrary m,nvuh~tand~ng. That in urdrr lu accrlrralr thr maturity uf Ihc inJrbtrdne~s hrrrhy ~rcurrJ, hrcausr of thr failure uf thr A1ur~gagur tu pay any tax, a~srvmrnt, liabil~ty, uhligatN~n ur rncumhrrnce upun said property, as hrrrin ptuvidrJ, it shall not he necewn• u~ rryuisitr that thr murtga~ter shall first pay thr ~mr. 2. The Mortgagee may, at his option, and without waiving his right to accelerate the indebtednesc hereby secured and to foreclose the same, pay eiiher before or after deliyuency any or all oi those certain obligations reyuired by the terms hereof to be paid 'uy the Nortgagor for the protection of the mortgage security or for the coUection of the indebtedness hereb~• secured. All sums so advanced or paid by the Mortgagee shall be charged into the mortp,age account and become an integra) part thereof, subject in a0 respects to the terms, conditions, and corenants of the aforesaid promissory note, and this mortg,age. as fully and to the same extent as though a part of the uriginal indebtedness evidenced by said note and secured by this mortgage, excepting however, that said sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the regular monthly instaUments provided by the mortgage note. 3. That the abstract or abstracts of title covering the mortgaged property shall at all times, during the Gfe of this mortgage. remain in possession of the Mortgagee and in event of the foreclosure of this mortgage or other transfer of title to the mortgaged property in extinguishment uf the indebtedness secured hereby, aU right, title and interest of the Mortgagor in and to any such abstracts of title shall pazs to the purchaser or grantee. 4. To the extent of the indebtedness of the Mortgagor to the ~tortgagee described herein or secured hereby, the .~fortgagee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of each and every mortgage, lien or other incumbrance on the land described herein which is paid and/or satisfied, in wfiole or in part, out of i the proceeds of the Ioan described herein or secured hereby, and the respective liens of said mongages, liens or other incum- i brances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the Nortgagee herein as ' security tor the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it would have been s preserved and would have been passe~ to and been held by~the Mortgagee had it been duly and regularly assigned, trans- ~ ferred, set over, and delivered unto the Mortgagee by sepa~ate deed of assignment, notwithstanding the fact that the same ~ may be satisP~ed and cancelled of record, it being the intention of the parties hereto that the same will be satisfied and can- z celled of record by the holders thereof at or about the time of the recording of this mortgage. ~ 5. In the event the ownership of the mortgaged premises, or any part thereof. becomes ~^ested in a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, deal with such successor or successors in interest with ~ reference to this deed and the debt hereby secured, in the same manner as with the Mortgagor without in any way vitiating or ~ discharpng the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged s and no forbearance on the part of the Mortgagee, and no extension of the time for the paymenf of the debt hereby secured given by the Mortgagee shatl operate to release, diuharge, modify, change or affect the original liability of the Nortgagor ~ herein either in whole or in part. a ; 6. The lien of this deed secures and shall continue to secure paymext of said indebtedness or indebtedness, however R evidenced, whether by said promissory note or any renewal or extension thereof or substitute therefor, or otherwise, until atl ~ such indebtedness shall have been fully paid. ~ 7. h: the e~rent the mortgagon se!!, co?~vey ur tra~rsje~ the rnnrtgaged premises during the lrje njthis nrortgage. then ~ this mortgage shall, at the option of t/ie ~Slu~tgagee llereiir, 6econre immedia~e/v due mu/ ~?~ab/e fi?r tlie fu// sinrl nj tlie x principa! batance a?u! interest the?: due. ~ 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument shall include the heirs, personal repre- ~ sentatives, successors and assigns of the respective parties hereto_ Wherevrr used the singular number shall include the plural ~ and the plural the singular, and the use of any gender shall indude all genders. ~ . M ~ ~ • ~ = Signed aled and delive t p nce of: ~a~~ 1 ~ ~ ~ ~ ~$e8~) F , , A ; ~ ~ l~_ " i r 1 ~ pp?tRASt ~ _ c a~. '''r.~~1T ::~~R- ~ • - = ~ STATE OF FLORIDA ~ ~~A?7~~ `r ~1 ~ j3 p~ COUNTY OF~l~i ~f ~ ~ ~ Beforse me pLerusonally appeared MAX E. ROBINSON and JACQUELYN ROBINSON, his wife s to me well known and known 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 therein exPressed. WITNESS my hand and official seal in the County and State last aforesaid this llth day of August, 1978. ° ; . , My Commission Expires: June 3O ~ 1979 Notary Public, State of 0~~~ ~d e ~ . I ~ : ~ . - . . _ _ _ - - - a'~Rt. ~93 5? - _ - •~j • - . v ' 1 Y ~ . - _ ~ ' ' T/~~~h.-..'~'- 'J.:.. ~.e~~.i . ' . - .-.:r.. . . . _ ..cr_3~"~-E3: