The URL can be used to link to this page

Home My WebLink About0624 Our File 5-44,539-5 . ~Aia m~KlKagr ur ulhrr Itrnafr~ uf lillr tu thr m~ulK:qerJ p~uprrty io r?I~nguishmrol uf thr irMlrh~rJnr~~ ~rcu~rd hrrrAy, ~N rqcht. litle anJ intrrest uf 1ho MurlKagor in a~x1 lu ~ny in~uramr p~liries Ihrn i~ torrr ~hall M.c lu lha purc?w~r~ ~~r Kranlar. (h) 1~~ prt(urm. cumply wilh anJ abiJr hy r•rch aad rrrry Ihr slipulatM~na. agrermrnls, runJilb~m r~K1 cu~rnanl~ in vid pr.~mi.wry m~tr and in thia Jrrd srt Guth. UI Ihat d any nf s•riJ ~um~ ul munry hrrru~ r~IrrrrJ 1u I+e ~K~1 prumptly J01~ ~UII)' ~JIII N1U11011~ICt11 1I0~~ IIC\I :l~ICf IIIC WOK ~C\tYdII) Ae:uma. Jur anJ paY~hlr. ur 1~ CJl'I~ JOII rvrty Ilir ~IipuL+Uun.. agrrrme~it~. ~ti~nJrtM.n. a~~d ruvriuul, ~~t .:uJ {uniiu.v~ry n~~tr anJ th~~ Jard. ~~r r~thrr, arr ~N~1 fu1~Y pr~f~~rmrd, rumpl~rd wilh anJ aA~JrJ by, ~hr w~J ~~rrXa~r ~um mrnuuorJ in ~~J prnnu.~~~r) ~N~Ir ~1~~11 br romr dur anJ payahlr f~Klh~c~lh ~~r thrrraflaY :N thr optiun uf Ilir ~1~~rlKrgtr a~ lully ~ud r~~mplrt.l> i( thr ~~~d agKrrgatr .um uf ~aid {+rumicw~y nulr ~~ascxi~inally.lipulrtrJ t~~ br p:~Mf un surh Jry. anylhinK in vKl pn~mi+wry nulr ur hrrr~n u~ Ihr ~~II11fJf)' INIINIII~\~AI1~I111R. U) fhal in urJrr lo acrrlrratr Ihr matu~ily ~~f Ih~ iuJrbtrJnrss hrr~Ay ~rrurcJ, A~a~usr uf Ihr fa~lurr uf thr Murlgag~~t t~~ {*~Y ~~Y :a~~r»mrnt. liabilily. oAligalK~n ur rncumlx~n.e upun +aid ptuprtty. a~ hcrrin prurid.J. it +hall nut hr ncrr.vey ut rryui.ilr Ihal Ihr murlg~grr s1u11 firsl p~y !hr samr. 2. The Mort~gee may, at his option, and without waiving his right to accelerate the indebtednen hereby secured and to furecluse the same, pay eithe~ before or after deliyuency any or all of thc~se certain obligatiuns reyuired by the terms hereof to be paid by the Mortgagor for the protection of the murtgage security or for the collectiun of the indebtedness hereby secured. All sums so advanced or paid by the Mortg~gee shall be charged i~to the mortgage account and become an integral part theceof, subject in aU respects to the temu, conditions, and covenants ot the aforesaid prumi~ury note, and this mortgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said note and secured by this mortgage, excepting howev+er. that said sums shall be repaid the Mortgagee forthwith upon its demand and be in addition to the regular monthly installments provided by !he mortpge note. 3. That the abstract or abstraMs of titk covering the mortgaged prope~ty shall at all time~, during the life of this mortgage, remain in possession 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 right. title and intercyt of the Mortg,agor in and to any such abstncts of title shall pass to the purchaser or g~antee. 4. To the extent of the indebtedne~s of the Mortp~gor to the Mortgagee described he~ein or secured hereby, the Mortg~gee is hereby subrogated to the lien or liens and to the rights of the owners and holders thereof of cach and every mortgage, lien or other incumixance on the land described herein which is paid and;or satis~ed, in whole or in part, out of the proceeds of the laan described herein or secured hereby. and the respective liens of said mortgages, liens ur other incum- brances, shall be and the same and each of them hereby is preserved and shall pass to and be held by the Mortg~gee herein as security for the indebtedne~ to the Mortgagee herein described or hereby secured, to the same extent that it .vould have been preserved and would hav~e been passed to and been held by the Mortgagee had it been duly and regularly a~igned, trans- ferred, set over, and delivered unto the Mortgagee by separate deed of a~ignment, notwithstanding the fact that the same may be satisfied and.cancelled of record, 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 abuut the time uf the recording of this mortgage_ 5_ In the event the ow~nership of the mortgaged premises, or any part thereof, becomes vested in a penon other than the Mortgagor, the Mortgagee may. without notice to the Mortgagor, deal with such successor or successors in interest with reference to this deed and ihe debt hereby secured, in the same manner as with the Mortgagor without in any way vitiating or dischar~ng the Mortg,agor'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 n~ ~•,~te~uion of the time for the payment of the debt hereby secured given by the Mort~agee shall operate to rele~e, discharge, mudify, change or affect the origina) liability of the Nortgagor herein either in whole or in part. 6. The lien uf this deed secures and shall continue to secure payment uf said indebtedness or indebtedness, hovvever evidenced, whether by said promissory note or any i+enewal ur extension thereof or substitute therefor, or otherwue, until all ! such indebtedness shall have been fully paid. ~ 7. /n tlrc e?~en~ !he m~~r~gux~,rs s~~ll. c~nn~cy ~,r »unsjcr the ~uurtgugcJ prc~~riscs durrnR thr liJe ~,j tlris ?ru~r~,YuRc. tl~en ' this nu~tgaxe slw/!. at the uption uj tlre ,ilurtRa,qee~ lrerci?i. hecunrr rnu~u~Jiutc~l~~ Jue und ~vahle Jur ~hc~ J+d/ sunr ~,j Nre j princ•i~xrl halu~rc•e u~ul in~erest Nren diu~- ~ 8. The terms "Mortgagor" and "tilortgagee" whene~rr used in this instrument shall include the heirs, penuna) repre- = sentatives, successors and ascigns of the respective parties hereto. Wherever used the singular number shall include ti~e plural ~ and the plural the singular, and the u any gender shall include all genden. ~ ' ~ 1 Signed, aled and i in e resence of: ~~a~) ~ ~ ~ ~t~.rvxe~ ~ ~ at/1/J- (Sea11 ~ . ~ 4 ~ 5: ~ STATE OF FLORIDA ~ t COUNTY OF~K ~ St. Lu = Before me person y appeared ROBIN DALE BASS and DIANNA BASS, his wife " to me wel) known and known to me to be the individuals described in and who executed the foregoing insirument, and rc acknowledged before me that they executed fhe same tor the purposes therein expressed. WITNESS my hand and official seal ~ in the County and State last aforesaid this 25th d8y Of April ~ 1979. _ ~ - ~ ~ _ - . ~ June 30, 1979 Nota Public, State of FLOY'fi~i8 Y ~ My Commission Expires: rY ~ - . ~ ~i~ ~ ~ ~ ~ aoA~ ~os ~~E sz~ ~ . ~ s'- ~ - ~ - ~t~~ ~ ~ ~-~<< ~