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Home My WebLink About0457 Ihn m~Kt~tr~tr u~ ulhr~ ttanstr~ uf t~Uo to Iha mwlrrraJ pruperly i~ r~ImrunhmeM uf IAe ~nJC1+trJnrs> >rawad hrtaAy, a0 r~hl, tilk anJ interrsl ut 1 hr MottpRo~ in arn1 tu any msurancr q~liairs than ~n torrr ahall pass Iu the putchrsrr ur ~ranlrr. (h?Tu petform, rumply with anJ abKle hy rach and rvrry Ihr s~ipulatw~n~, aYrremcnts, cond~IM~n~ anJ cuvrnanls in wid prumisuiry nutr and in ~hia JrtJ sel (utlh. (H Ihat it any o( v~d ~uma of munry h~nrin ~t(rrreJ lu hr n~N prumptly ~nJ fully pa~J wuAin f~ftrrn day~ nr~~ atlrr tht wme ~rverally Mr.umr, Jue and pay~blr. or tach anJ r~er> the ~t~pu.lru~~n., aKrormrn~., runduw~m anJ aucriu~~t~ ~~f w~J {~unu.v~~y nutr rnJ Ih~s derJ, ~~r tNher, ~rr uut full> prrlurrnrd, :umpl~rJ N~th rnd :?h~JrJ hy, Ihe wi.f a~rr~alr wm mcntH.nrJ m.r~J prum~~wry MNr ~hall he~ .•ume dur and payahir (~Kthwuh ur ~hrrra(~er ~I ~he ophun of ~hr ~Iurl~ca~rr e. tully ~nd cumple~ely a. i( thr ~id aKRrrKrtr wm uf ~id prom~su~ry nott wasur?R~nally sUpuLitrJ t~~ be paM1 un wrh .Ly, rny~h~nR ~n v~J ptomnwry nott or hrrttn lo Ihr a~~ntrary mHwhA~ta~Ju~. U) lhat in urJrr lu acrrlrr~Ir Ihr mrturily ot lhr inJrbleJnri~ hrtrby ~rrurrJ, hrcauer uf thr ta~~ute u( lhr Murlgrgur lu pay ~ny lat, r~sramrnt, I~~Mluy, uhligrtiun ur rncumAranre u{w~n aa~d pruperly, a~ hrre~n pruv~deJ, it ahall nut hr nrcr+ury ur rcywsitr ~hat thr murigagrr sh~U fttat pr> thr ~rmr. 2. The Mortgdgee may, at his option, and without waiving his right to accel~rate the indebtedness hereby secured a~d to forecluse 1he same, pay either before or after deliyuency any ur all of Ihose certain obligatiuns reyuired by the terms hercof to be paid by the Mortgagor tor the protection of the murtgage security or tor the collection ot the indebtedness hereby secured. All sums so advanced or paid by the Mo~tg~gce shaU be charged into the mortgage account and bernmc an integral part thereof, subject in all respects to the~terms, conditions, and covrnants a( the aforesaid promissory note, and this mortgpge, u fully and to Ihe same extent as though a part ot the original indebte~ne~s evidenced by said note and secured by this mo~tgage, excepti~g however, that said sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the rcgular monthly iostaUments pruvided by the mortg,age note. 3. That the abstract or abstracts of title covering the mortgaged property shal) st all times, during the G(e ot this mortgage, rcmai~ in possession of the Mortgagee and in event of the foceclosure of this mortgage or other transfer of titk to the mortgaged property in ertinguishment o[ the indebtedness secured hereby, ap right, titk and interest ot the Mortg,agor in and to any such abs~racts of title shall pass to the purchaser or grantee. _ 4. To the. extent of the indebtedness of the Mortg~gor to the Mortgagee described herein or secuted her~by. the Mortgagee is hereby wbrugated to the lien or liens and to the rights ot the owners and holders thereof of exh and every mortgage, lien or other incumbrance on the land described herein which is paid and/or satisfied, in whole or in part. out of the proceeds of the loan described herein or secured hereby, and the respective liens of said mortgages, liens or other incum- brances, shall be and the same and each of them hereby is p~eserved and shall pass to and be held by the MorCg~gee herein as security for the indebtedr~ess to the Nortgagee lierein described or hercby secured; to the same extent that it would have been preserved and w•ould have been passea tu and been held by the Mortgagee had it been duly and regularly assigned, trans- ferred, set over, and deli~•ered unto the :1lortgagee by separate deed of assignment, notwithstanding Ihe fact that the same may be satisfied and cancelled of record, it being the intention o( the parties hereto that the same will be satisfied and can- celled of record by the holders thereof at or about the time of the recording of this mortgage. S. In the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the Mortgagor, the Nortgagee may, w~thout notice to the Morigagor, dea) with such successor or sucerssors in interest with reference tu this deed and the debt hereby secured, in the same manner as with the MortgAgor without in any way vitiating or discharging the ~tortgagur's liability hereunder or upon the debt hereby secured. No sale ot the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and ~o extension of the time tor the payment of the debt hereby secured given by the ~tortgagee shall operate to releace, discharge, modify, change or affect the origina) liability o[ the Mortgagor herein either in whole or in part. ' 6. The lien of this deed secures and shall continue to secure paymewt of said indebtedness or indebtedness, however evidenced, whether by said promissory note or any renewal or extensiun thereof or substitute therefor, or otherwise, until all ; such indebtedness shall have been fu0y paid. 7. !n Nre event dre ~n~~rtgaKurs sell. ~•um•ev ~~r transjer the mc~rtgogev premises Juring the lije oj this mnr~gage, then € this nr~~ri,~v,ee slrv//. u~ tlrc upti~~n uj tJre ,1hnt,¢aqee hcreiir, becu»re immediately due and pnyahle jor t/re fidl sum oj the prine•ipal t!wlonce a~u! inlerest the~r clue. ~ i 8. The terms "Mortgagor" and "!11ortgagee" whenever used in this instrument shall include the heirs, personal repre- s sentatives, successcm and assigns of the respective parties hereto. Wherever used the singular number shall include the plural i ; and the plural the singular, and the use of any gender shatl include aU gende . ~ 2 ~ Sign , sealed a I" e in e presence of: ~ ~ ~ • ~8~~ ~ ~ ~ ~ ~ (Sea) ) ~ ~ ~ ~ STATE OF FLORIDA ~ u x COUNTY OF ~~L ~ ~ ~.St. Luc e~ ~ Beoremeperson yappeared CNARLES W, KILLINGS, JR. and KATHERINE KILLINGS, his wif - to me well known and known to me to be the individuals described in and who executed the foregoing Pnstrument, and - acknowledged before me that they executed the same for the purPoses thercin expresxd. W17NESS my hand and officisl seal in the County and State last aforesaid this Z~ttl dey of November, 19]$. . 5 =~CQ~~~--`• ' ' ' _-J ..':`.,.;~i.,~• . _ . ~ , - ` ' ' , _ My Commission Expires: ~UIIe 3Q, 1979 Notary Public, State of 3 j...~ ~ ~ ~ f ~ g p~ 12 : 2 ' - . . : , ~ ,79 ~ , 012 f ; ~ ~ . . _ : 430 ~ ~2 _ , t C!_i-T: f.. . " . ~ BOD!( i; rc . :f 457 - - - - x: ~ ~ ~ ~ ~~i-f,~~ i _ - - ~ . - 'x'~ _ ._.z.. :.,r .x~-_.