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Home My WebLink About0903 Our File 5-44,164-2 Ihic m~KlK~~r ur ulArr Itam(r~ uf fitl! tu Ihr m~algrKrJ prupr~ly in r~?I~nKu~shmrnl ~~f Iha ~nJrhlrJi~rc~ +rcurrd hereby, r0 r~ghl. lilir anJ inlrrrst ~~f Ihr Alurtgr~ur in anJ lu anY imurancr p~li.irs lhrn in furcr+hall ~v~~ tu 1hr purah~~r~ ur K~anlrr. (h) lu prrfurm. cumply ~~Hh anJ abiJr hy racb rnd rv~ry thr uipulat~~m. aKrarn~rnh, runJ~ln~ns anJ ru~anant~ n? v~J pn~m~cwry notr and in tbi~ JrrJ ~rt f~~rth. (~1 1 hrl ~f any ot ~~J ~um~ uf munr~ harr~n rrlr~rcJ tu hr nul ~umplly anJ (ull> {u~J ~~dh~n (iflrro Jr>'. nr~~ a(~ar Ihr .anx .r~rr~ll~ hr.umrs Jur :10, ~J)Jhld, ut J rr~h ~nd CY~fi)' ~IIC ~U~IULIU~H1~. ]RftYOlCnI~. C~~IIlI11M~11~ .IU~I :u~r~uuh ul ~~~J {K~~nu~v~ry n:~~r and ~h~c JreQ ~~r erthrr. o~r rn~l full? p.Y(urmrd. cumpl~eJ ~~uh ai~d ah~JrJ hy. thr v~J ~~raytalr wm mrnlwnrJ ~n v~J pn~nu~.~~r~ notr ~hall be- romr due ~nd pa>nblr GKth~~ith u~ ~hr~ra(~tr al Il~r ~~puun u( U~r Murlgr~er r~ full~ ~nd cumpirlaly a~ ~t Ihr v~J egKrag~lr .um u( viJ prumuu~ry nulr ~~a~~x~~nrllp .UpulaltJ lu br prKl un wrh ~y.anylhmg m ur1 p~nu~+v~r> no~r ~~r hrrr~u 1u th. .~~nurry ~w~t~uth~~nJuqt. 1R~t in orJrr lo accrlrratr lhr maturily u( Ihr ~nJrblr~nau hrrrt+y +atur~d, hr~au~r of Ihr (a~lurc u( thr ~turlg:y~~~r 1.~ {•:uy ~ny ta~. a~~ati+mrnt, liabilily, uAlidatiun or rncumtxancr uM~n »~.1 pruprtty, as hcrrin pruviJrJ, it ~hrll n..l br nrcr~ury ur a~yui+ilr thal thr m~~rlgagre shrll first pay Ihr ~mr. 2. The Mortpgee may. at his option. and withuut waiving his ~ight to accelerate the indebtedne~ hereby secured and to foreclose the same. pay either befort or after deliyuency any or all of those cert•ain ubligations reyuired by the terms hereof to be paid by the Mortgagor (or the protection ot the mortgage security or for the coltection of the indebtedness hereby secured. All sums so advanced or paid by the MortgAgee shall be charged into the mortgage account and become an integral part thereot, subject in a0 respects to the ternu, conditions, and covenants of the afuresaid prumi~ry note, 3nd this mortgage, as tully and to the same exteat a4 though a part of the original indebtedness evidenced by said note and secured by this mortgage, excepting however, that said sums shall be repsid the Mortgagee forthwith upon its demand and be in addition to the regular monthly installments pmvided by the mortpge note. 3. That the abstract or ~bstncts of title rnvering the mortgaged prope~ty shal~ at all time~, during the life ot this mortgage, remain in po~ion of the Mortgagee and in event of the foreclosure of this mortgage or other transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all righl, title and interest ot the Mortgagor in and to any such abstracts of title sha0 pass to the purchaser or grantee. ' 4_ To the extent of the indebtednes~ of the Mortgagor to the Mortgagee described herein or secured hereby, the Mortgagee 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 whole or in part, out of the proceeds of the loan described herein or secured hereby, and the respectivr liens of said mortgages, liens or other incum- brances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security for the indebtedne~ to the Mortgagee herein described or hereby secured, to the same extent that it would have been preserved and would have been passed to and been held by the Mortgagee had it been duly and regularly as~igoed, trans- ferred, set over, and delivered unto'the Morigagee by separate deed ot as~ignment, notwit6standing 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- celled of record b~~ the holders thereof at or about the time of the recording of this mortgage. 5. In ti~e e~~ent the uwnership of the mortgaged premises, or any part thereof, becomes vested in a person other than the Mortgagor, the Nortgagee may, withuut notice to the Mortgagar, deal with such successor or successurs in interest w~ith reference to this deed and the debt hereby secured, in the same manner ati w~th the 14ortgagor without in any way vitiating or discharging the Nortg~ur's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the ;Nortgagee, and nr ^~teusiun of the time fur the payment uf the debt hereby secured given by the Mortgagee shaU operate to release, discharge, n~udify, eHange or affect the original liability of the Mortgagur ' herein either in whole or in part. ~ 6. The lien of this deed secures and shall continue to secure payment of said indebtedness or indebtedness, howr~~er ' evidenced, whether by said promi~ory note ur any renewal or extension thereof or substitute therefor, or otherwise. until a!1 such indebtedne~ shall have been fully paid. ~ 7. ln the evertt ~he ?rrnr~Ra~?rs sell. cunr~~v e,r tiansJi~r tl?e ntnit,qug~°~l prrmisrs duiinR thc lije ~?j"tl?is nu,rlqa~~•. tltcn this nufrtgage slwll. at the optiun oj the~ McntguRec hrrer~~. hecnr~?c~ inrnti~dtulelv ~ltee and pa.rahle for t1~e jtdl s~u?r ~?j Ntc ~ prinripal Iwlunce uix/ irrtcrest the~r dur. ~ 8. The terms "Mortgagur" and "Nortgagee" whenerer used in this instrument shall include the heirs, perwnal repre- ' sentatives, succescors and assigns of the r~spective parties hereto. Wherever used the singular number shall include the plural ~ and the ptural the singular, and the use of any gender shall indude all ge e. ~ ` ~ - - Seal ) ~ Signed, seale and de 'ver in e presence of: _ , - . _ ~ , 1 Seal ? ~ . . , 43'~'J41 c . . . 3 ~ 2 0 ~ . f, F~; a~ ~ STATE OF FLORIDA l ~ ~ cou?v~nr o~~ . Lu~ ie . - . . Before me personally appeared ~~j~ M. QUINN, an unmarried woman 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 ihe purposes therein expressed_ WITNESS my hand and official seal ' in the County and State last atvresaid this lOth dey Of MerCh, 1979. ~ ; ~ ~ ~ ~ ~ - ' ~ My Commissan Expires: -TLnP 30, 1979 Notar~ ~'ublic, State of F~ d8 t e ~ - = ~ : ~ . ~ gQR!: tRJ5 ~At:~ JQ~r • ~ : _