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Home My WebLink About0656 . Our File 5-42,785-b , Ihis miKtr~Ee u~ ~~thr~ I~arotcr of litk ta tAe mo~l~a~ed pn~peny in ea~in~u~sAment of Ihe inJeAlrJness srcuted herrby, aY ~~AI, titk anJ intetest u! thr Mwtp~ur io am1 !o ~ny insunnce pnikies Ihrn in t~~rre shall pau to tAe pu~chasrr w~rantrr. (h)To pcrfurm, cumply with and abiJe by eacA and ev~ry the slipulstN~ns, ~~reements, cumlitM~ns anJ eurrnsnts in ssid p«~missu~y ~wte and in this JreJ xt tunh. (i) 'I hsl it any of syiJ sums ~t munry hcYe~n rrferrrJ to he rw?1 {xomptly anJ (ully pa~J w'~fhin f~hrr~ day~ ne~1 aftrr Ihe aame ~rvetally beromts due and paYaAk, or if euh ~nJ evrry thr ~~ipulauun~. aRreement., a~nJuM~m rnd corrnanh ~~f v~d prumnv?ry nnle and Ihis dttd, or r~thrr, are M~I tully perf~xmeA, .ompl~rd ~+ith ond ah~Jed Ay, Ihr uW akre~alr ~um menlK~nrJ ~n v~J promuwry nole ~hall Ae~ comt dut and payable fcxthwilh ~u Ihe~t~fter al Ihr oplN~n of IAe !?ton~taRer a~ tully and ~vmpletrly as if Ihe u~d a~RrrRate wm uf viJ promiswry nutt w~s ix~mally slipulalyd 1~~ he pa~) on wrh S~y, anylhmR ~o uM) pr~~m~ev?ry nMr c?r ~etem l01he ~ti~nlrary ~tw•~Ihslansl~~. (j) Thsl in utdrr to arcrleralr the matu~ily uf thr inJrbtrJness herrhy crcurcJ, hrr~usr of Ihr failu~r ut the Murl~aror 1u pay any tax. :~sec~mrnl. liahilily, ohlilta~Kro ur rnrumtxance up~n saW proprrty, rs hrrrin ptuvalrJ, i1 shall nul Ae nrcrcvey ur reyuisitr thst Ihe murl~;qttr shall hrst pay ~Ar samC. The MoNg~gee may, at his option, and without waiving his right to accelerate the indebtedness hereby secund and to foreclose the same, pay either before or atter deliquenry any or aq ot those a~tain oblig,ations required by the terms hereof to be paid by the Mo~tgagor for the protectan of the mortg~ge security or for the collection ot the indebtedness hereby secured. Atl sums so advanced or paid by the Morigagee shall be charged into the mortg~ge account and bernme an integnl part thereof, wbject in aU respccts to the terna, rnnditions, and covrmnts of the aforcsaid promissory ~ote, and this mortgpge, ac lully and to the same extent a4 though a part of the original indebtedness evidenced by said note and secured by - this mo~tgage, excepting howevrr, that said sums shaU be repaid the ll~iortgagee to~thwith upon its demand and be in sddition to the rcgular monthiy instaiime~ts provided by ti~e mo~tg,age note. ~ 3. That the abstract or abstracts of titk covering the mo~tgaged pmperty shall at all times, during the 6fe of this mortgage, ?emain in possession of the MoRgagee and in event ot the fotrclosure of this mortgage or other transfe~ of titk to the mortgaged pmpe~ty in extinguishment of the indebtedness secured hercby, all right, titk and interest ot the Mortgugor in and to any such abstracts of title shaU pass to the purchaser or pantee. 4. To the extent of the indebtedness of the Mo~tgagor to the Mortgagee described herein or secured hereby. the hJortgagee is hereby subrogated to the lien or liens and to the riglits of the ov?mtrs and holders thereot ot each and every ~ mortgage, lien or other incumbra~ue on the land described hercin which is paid and/or satisfied, in whok or in part, out of the pmoeeds of the loan described herein or secured bereby, and the respective liens of said mortgages, liens or other incum- br~nces, shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortg~gee herein ac security for ihe indebtednas to the MoNgagee herein described or hereby secured, to the same extent that it w~odd have been pieserved and vrould have been pas9ea to and been held by the Mortgagee had it been duly and regularly assigned. tnns- ferred, set over, and deiivered unto the Mortgagee by separate ~eed ot mignment. notwithstanding the fsct that the same may be satisfied and cancelled of record, it being the intention of the parties hereto that the same wiU be satisfied snd can- cdled of record by the holders thereof at or sbout the time of the recording of this mortg,Hge. S_ In the event the ownership of the mortgaged prcmisa, or any Part thereof, becomes rested in a p~rson other than the Mortgagor, the Mortg,agee may, without notice to the Mortgagor. deal wfth such suco~s.wr or sucoessors in interest with reference to this deed and the debt hereby secured, in the same manner zs with the Mortgagor without in any way vitiating or dischar~ng the Nortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbesrance on the pa~t of the Nortgagee, and no extension of the time for the payment of the debt hereby secured given by the Nortgagee shaU operate to release, discharge. modity, change or affect the original liability of the Mortgagor ; hercin either in whole or in part. ~ 6. The lien of this deed secures and shall continue to secure paymeet of ssid indebtedness or indebtedness, however ~ evidenced, whether by said promissory note or any renewal or extension thereof or substitute therefor, or otherwise, unt~7 a9 ~ such indebtedness shall have been fully paid_ ~ /n tlre event ~he mortgngors sell, cunvey v~ t~ansjer the mor~Ragecl premises durrng the lije ojthis mortgage, then ~ tlris mnrtga~Ye siwll, at ~he uption oj tlie AfortgaRee herei?~, becon:e rmmediately due and payable jor the fu/l sum of the ~ principal balairce a~x! inte~est then di~e. ~ 8. The terms "Mortgagor" and "Mortgagee" whenev+er used in this instrument shaU include the heirs, personal rcprc- ~ sentatives, successors and assigns of the respectiv~r parties hereto. Whercver used the singular number shall include the plural ~ and the plural the singular, and the use of any gender shall inciude all genders. ~ ~ Sig , seakd de ' in e presence of: ~ ST UCIE COUMTII FIA. ~ ~~C~R FO~TRAS ~ , ' . . - Yrc,~s1ED Ocr 18 II o4 ~M'T8 4%~64 4 STATE OF FLORIDA ~ u RUBY MAE BEARD, an unmarried woman, formerly known g cotlrtTYOF~ as RUBY MAE WALLS BURGER, also formerly known as Befor~ mt p~sona~y appearcd RUBY M, BURGER ~ to me well known and known to me to be the individuals dacribed in and who executed the foregoing instrument, and ~ adcnowledged before me that they executed the same for the purpoBes thercin expressed. WITNESS my hand snd ofP~cis! seal ~ 5 in the County and State Isst aforessid this 9th day of October, 1978. - g ' • = . ~ ' , , _ ,x _ '~r • - ~ ~ My Commission Expircs: JUtle 3O , 1979 Notary Public, State of Florida ~ ~ ' ~ . ' ~ - ; / , ~ ~t~~~v ~ ao~K296 ~~c~ 65~ ~ ~ , ~ z ~ ; . a _ _ _ _ _ _ Y, ~ ~ _ ~ ' y ~a . _ s~ . _ . 3