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Home My WebLink About0621 Our File 5-G4.542-9 Ihis m~Ktrase ut uthrr I~+nstrr uf lilk la lhr m~KIRaXrd pruprrly in r+~tin~wsAmeM uf Ihe inJrMaJnraa srcurrJ hcrrby, aN ri~hl, title and intrtesl uf lhe MurlaaK~~t in am1 lu any insuranrr pulKies Ihrn in t~~~cr ahaU pass l0 1hr pur~lwsrt or ~trantre. (h)"fu prttotm, a~mply Nith anJ aAiJr by rarl~ ruJ rrrry thr stipul•rlM~na, agrrrmrnts, c.~n~itM~ns ~nJ ~Y~vrnanl~ in aaid pn~missuty mNr and in Ihis JreJ srt (urth. (i) 1 hat ~f aoy n( aaiJ wma of munry hrrrm rrferrrd 1~~ f+r mH ~xumplly anJ fu0y ~u~J w~lhin fdlern JaY+ ~~ru afirr thr ~amr ~rvtrall). brcomts due rnd payahMe, or if tarh and rvrry the .tipulaU~~n., aRrecmrnt+, a~nJ~lM~m and cu•r~uM~ uf viJ ~xom~~M~ry nolr ~nJ this daed. or rilhtr, arr ~w1 futlY Prrfcxmed. ati~mplird ~~~Ih and abidrJ by. Ihr vN1 a~ratita~r.um mrntH~nrd m v~d prum~.wry nu~r.hall Ae- come Jur and payahlr (~xlhwilh u~ Ihtrrrfter rt Ihr ~~pl~un uf Ihr M~~r~~tr~rr (utly and r~~mplrtrly d thr ~iJ agKrrgalr .um uf v~J prum?cu~ry ~wtr ~~as~i~maUy.tipulatrJ tu br paKi on such ~y, nnylh~nR m v~d ~ronuswuy nulr or I~rrrm 1~~ Ihr runtrary ~N~t~~ith,t~nduqt. (j) 7ha1 in urJer to accrlrrotr lhr matutit) uf Ihr inJrblydnrss hrrchy ~u~rd, hr~au~r ~~f the failutr ut U?e MurlK:qt~~r lu p•ry -ruy lax. :usr~+mrnt, liabilily, ohli~aliun ur rnruml+ranrr upun wW pruprrly, a~ hcrrin pn~viJrJ, it ~hall nu1 hr nccrwry ur rryui+ilr Ihal Ihr murtg:qtrr shall first pay thr ~mr. 2. The Movtgagee may, at his option, and withcwt waiving his right to accelerate the indebtedne~ hereby secured and to foreclose the same. pay either befors or after deliquency any or all ut those certain ubligations reyuired by the terms hereof to be paid by the Mortgagor for the pmtectan of the mortgage security ur for the collection u( the indebtednes~s hereby secured. All sums so advanced or paid by the Mo~igagee shall be charged into the mortgage accouat and becume an integral part thereoi, subject in ap respects to the terms, rnnditions, and covenants of the aforesaid prumissory note, and this mortg~ge, as fully and to the same extent as though a part of the original indebtedness evidenced by said no[e and secured by this mortgage, excepting huN~evcr, that ssid sums shall be rtpaid the Mortgagee foNhwith upon its demand and be in addition to the regular monthly installments provided by 1he mortg,age note. 3. That the abstract or abstncts of titk rnvering the mortg,aged propeNy shall at all time~, during the lite of this mortgage, remain in possession of the Mortgagee and in event of the foreclosure ot this mortgage or other transfer of title to the mo~tgaged property in extinguishment of the indebtedness secured hereby, all right, title and interest of the Mortgagur in and to any such abstracts of title shaU pacs to the purchsser or grantee. 4. To the extent of the indebtedness 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 proceedt of the loan described herein or secured hereby, and the respective liens o! said mortgages, liens or other incum- brances, shall be and the same and each of them hereby is preserved and shap pass to and be held by ihe Mortgagee herein as security for the indebtedness 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 a~igned, trans- ferred, set over, and detivered unto the Mortgagee by separate deed of a~ignment, notwithstanding the fact that the same may be satisfied and cancelled of rernrd, it being the intention of 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 ow~nership of the mo~igaged premises, or any part thereof, becumes vested in a persan other than the Norigagor, the Nortgagee may, w~ithout notice to the Mortgagor, deal w•ith such succe~cor or successors in intere~t w~th reference to this deed and the debt hereby secured, i~~ the same manner as Hi1h the Mort~gor without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no extension of the time fur the payment of the debt hereby secured given by the Mortg;~gee shatl operatz to release, discharge, modify, change or affect the original liability of the Nortgagor 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, however i evidenced, whether by said promissory note or any renew~al or extension thereof or substitute therefor, or otherv?ise, until all ~ such indebtedness shall have been fully paid. i ~ 7. hr thc cvent tlte mur~RaX~rrs scll. ~•~?n~~rt~ ur lransfer dre• ntuitKage~d prcnrrses Jurinx N~r lili~ ~~j ~ltis mnrt,QUe~~. /l~cn I this ntnr~guRe shall. at ~he optiw~ oj ~he :tlurtKuRer lterctn. hecrnne immrJiutelv Jue un<1 ~~rahle Ji,r Ntc• J~d! st~nt irj~ tJtr ~ prira•ipal halunce a~ul intere~st 1lren Juc- ~ 8. The terms "Mortgagor" and "titortgagee" whene~rr used in this instrument shall include the heirs, personal repre- ~ sentatives, successors and aaigns of the respecti~~e parties hereto. H'herever used the singular number shall include the plural ~ and the plural the singular, and the use of any gender shalf include all genders. . Signed, ed and deliv he p ce of: ~a~~ . . , . . STATE OF FLORIDA ~ ~ cotl~v~ oF i RICHARD D. WILLIAMS and LOLA A. WILLIAMS , his wi fe , ~ Before me personally appeared a180 kIIOWCI 83 LOIA D. WILLIAMS K 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 of ' I seal i in the County and State last aforesaid this 5th dAy of May, 1979. ~ ~ ' ~ a ~ ' ~ June 30 1979 ~ ~ e g L e ~ My Commissan Expires: ~ Notary Public, State d. ~ 19T9 I~~Y 22 P!~ 12 38 . ~ ~ ~ FILEO AMf, NECOROfD . ~ , ~ ~ !L LUC~COUNT Y. il A. ; . . • . ROG POITRAS ~=.'i ~ ~ .CIERtICIRCUIt 1 ~ RECORD VER~fIEO_ BCR~ tJVe7 rr.! r s~, 445250 x ~.z y . ~ a ~ ~ ~ t y z t r,~ ~