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Home My WebLink About0084 Our File 5-42,469-7 th~~ m~Klg.~~r ~~r ulhrr Iran~trr ~~f Utl~ tu 14r murlK~KrJ ptuprtt) in .~ungw~luncnl ~d tl~. uNlrhlrJur.~ .rcurrd hrrrt~~. aU nkhl. 1UIr ~nJ iutrrr~i u( Ihr ~1urIK~Kur ~n ruJ lu ~uy ~n~urru.r ~r~6a~e~ Ihrn ~n furcr ~h~U pr~~ tu tt~r purtti.ner u? ~~.~u+rc. Ih) lu prrfurm. wmply with auJ ahiJr hy ra.h au.l cvrry thr ~U~UIdlNllb, d~,'(Cl'Ipa11i\, 1U11~IlIH~11] ~uQ .~~~rn.~nl~ ~u .~~d pr.~nu~wry nut~ anJ in Ih~~ JrrJ ~cl (orll~. ~ UI Ihal ~f rny ul ~uJ ~un~~ ~~1 mnna~ hrra•~n rrirrtrd l~~ br tN~t prompllf .~~~J lul!> p,ud »uh~n tdlra•n d~>. uc~1 eUrr ~hr ~.111K' ~C~a'(JII\ br.umr~ diK ,ueJ paf~hlr. ur ~f r~:h ~nJ r~rry tl~r ~I~puleUun~. ~grcrmrut., e~~nduMm..~n~l :~nru~nh u1 ..uJ ~,r~.nu.v~n u~~tr ,~uJ ~tm dorJ. ~~r r~lhrr, err ~r~t full~ p.YfunnrJ, a•mp1~rJ w~lh anJ rh~drJ b~. Ihr ~JNI agg~rK~lr .un~ mruU~~n.•J ~u vnl pr~~~n~..~~n n,~tr .1i.~11 hr .umr Jur and pa)ahlr (wlM~~ih ~~r Ihrrr~f~rt a1 li`r ~~ph~~u uf It~r ~h~rt~rgrr .n lu~l> aud .~~mplr~rl~ d ihr ~u.l .~~K~rg:Nr .um ~~1 vid pn~tn~~wrj ~~~Hru~~ut~g~uall> ~t~pulrl..ll~~hrpaNl~~111UiI1lLlj.J11)IIHO~`.111\IIII ~1f~~1111~M~f\ IIUI~ ~~r herriul~~thr.~~u~rer~ n„I~~rtl~.~.,n,lu~~t. (l) Ihat in orJrr tu acca~lrratr th~ mutur~l~ u( iha ~uJ.birJne.~ hrrrh~ ~atiurcJ. hacaucr ul Ibr le~lutr ul Ihr tt~~rtK~Kur tu p~1 a~~) la~. :~.~c..mrnl. 6abilily, i~AligatN~n ur encumhrrnar u~r~n ~.uJ pruEx•ny. l~.rr~n pn~viJrJ. il ,1~~11 u~~t br n~~cr,vr~ ~~r rryu~.~tr Ih~t ~hr murl~;a~~~a [I1JII ~If~l ~1d)' IFIC VOIC. • 2. The Mortgagee may, at his optiun, and v?~ithuut waiving his right to accelerate N?e indebtrdix» hereby .ecured • a~~d to torrclose the same, pay either befure or after deliyuency any or all of thuse certain obligations reyuired by the Ienm ~ he~of to be paid by the Mortgagcir tur the proteclion of ihe murt~,age security or [or the collectiun ot the indehtednes~ hereby secured. AI! sums so advanced or paid by the Murtgagee cha{I be charged into the murt~ge account and becume ai~ integral part thereof, subject in all respects to the terms, conditions, and cov~enanK uf the aforessid promivury ~ote, and thi. mortgdge, as fully and to tfie same extent as though a part of the original iadebted~e~ e~~denced by .aid note and tecured by this murtgage, excepting howevrr, that said sums shal) be repaid !he !Nortgagee fortha~ith upon itti demand and be in additiun to the regular manthly irtstallments p~vided by the mortgage note. 3. .That the abstract or abstracts ot title covering the mortgaged pruperty shall at all time., during the life of this murtgage, remain in po~ssion of the Mortgagee and in event of the foreclusure of this mortgai;e or other transfer oi title to the mortgaged properiy in extinguishment of the indebtedness secured hereby, aU right, tide and interest ot the Norl~gur in and to any such abstracts of title shall pass to the purchaser or grantee. ~ ~ . ~1. To the. extent of the indebtedne~ of the Nortg~gi?r to the tilortgagee described here+n or secured hereby, the Nortgagee is hereby subrogated to the Iien or liens and to the rights uf the ua~~ten and holders lhereof ~~f each and e~~ery mortgage, lien or other incumbrance on the land described herein w~hich is paid and/or satisfied, in v?fiole or in part, out uf the proceeds of the (oen described herein or secured hereby, and the respective liens of said mortgages, lieus or other inrum- brances, shall be and the same and each of them hereby is preserved and shall paa to and be held by the titortg,agee herein as seeurity for the indebtednesc to the Mortgagee herein described or hereby secured, to the ~ame extent that it w~ould hare been preserved and w•ould ha~•e been passed to and been held Ay the Mortgagee had it been duly and regularly anigned, tram- ferred, set over, and delivered unto the ~fortgagee by separate deed of a~.~ignment, notwithstanding the fact that the wme may be satisfied and rancelled of record, it being the intention of the parties hereto th3t the same will be satisfied anJ ra~i- celled of record by the holders therebf at or abe?ut the time of the recording of this mortgage. , 5. In t6e event the ownership of the mortgaged premises, or any~ part there~~f, becomes .~ested in a person other than the ;ltortgagor, the Nurtgagee may, withoui notice tu the 4lortgagor, deal with ~urh xuccessor or succe~.,or, in interest with ~ reference to this deed and the debt hereby securecl, in the sarime manner a. w•ith the !~lurtgagor without in any way vitiating or i discharging Ihe Mortgagut's liability hereunder or upon the debt hereby secured. Nu sale uf the premises hereby mortgaged ( and no forbearance on the part of the Nurtgagee, and no e~ten,i~?n of the iime for the p~yment of the debt hereby secured ; given by the Nortgagee shall oprrate tu release, discharge, modify, change ur affect the original iiability of the NorEg:~gur ~ ' herein either in W~hole or in pan. j 6. The lien of this deed secures and sha8 continue to secure payment uf said i+~debted~~esti or indebtedne~.s, hower•er ~ evidenced, wF?ether by tiaid prumis~ory• nute or any reneual or extension thereof or substitute theref~~r, or otherwi~e, until aU ' ~ such indebtedness shall h~~•e been fally paid. ; 7. l~r t/te ere~it thr mur~Xax~~rs srlt. rc,?~rer ur trunsJer the ~n~,rlgugeJ pmmises e/urrnK Nrr liJi~ tlris nt~~rt,Ku~e. Iheit t/tis nrnrtRaXr slwll. u! 1he ~~ptiuit uf tlre .1fur~,KU~cr l~crcnt. hec~,mc intr~RuK/i ~~~c~f~~~ - f prinripal twluncc~ u?xl in~crest tl~c•» ~r~,~~. a~~~ 1 235 . 9 ~ A. The terms "htortgagor" and "Mortgagee" whene~~er used in thiM,jN~~~h~ i~,~(~' - I sentatives, successurs and a~igns of the respective parties heret~?_. Wherever used~th~ s~ngu ~T-~---m r s a ~ cTuA~ ~e p~ ~ j and the plural the singular, and the use of any gender shall include all gend~~s l~ieOE ~ ~Of~g WIO f Of ~IS ~ Sig , sealed deli ' the resence of: Seal) E ISeall ~ FILED 4ND RECORvED ` ~ ST. IUGE COUMTY FlA - ~iG~E? POITRAS I ClE~~ ~;CUtT C UP., . . > ~c~~ STATE UF FlARlUA ~ ~ourv~nr oF~3~}E~ ~ . SE°~ 12 34 PM'~$ ~1~620 Before rde p ursona~ty appeared DpROTHY PANKER, an unmarried woman !o me we!! known and known to me to be the individuals described in and ~vho executed the furegoing instrument, and ~ acknowledged before me that they executed the same for the purposes therei~ expressed. WITNESS my hand and officia) seat in the County and State last aforesaid this 31st day of August ~ 1978. My Commission Expires: JUIIe 3O ~ 1979 Notary Public, $tate of _ ~,e ~ R ~ . ~ : :t. ~ ~ ~ ~ - - - - - . - - • - , : ; - - _ - - ~ _ ~ ~ : ~ ~ _ , : . _i ~