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Home My WebLink About0561 Our File 5-44,668-2 ~ Ihis m~wlga6r ur uthrr tr~nsfr~ u( litlr lu lhr m~KtKagrJ pruprrty in rat~nKwshmrnl ~~f thr inJehlydnr~~ ~rcurrJ hrr~hy, all rythl, lille anJ intrrasl u( Ihr Mu~t~t-rK~~r in anJ tu aoy insurancr p~lh~irs Ihrn io lurcr ~hrl) {?a~~ tu Ihr purchr~rr ur gr~ntrr. ~11 prtfurm, a~~mply N7~~1 J11~ :~h11~1' hy l':Il'~1 :~11~~ rrrry lhr slipufatM~ni. a~trrrmrnn, 1Y111~I~IM111~ Jlll~ l'I~YI'll:ttl~\ ~n u~J pr~~mi...~ry nutr anJ in this JraJ srl furth. ~ U? 1 hal ~f anY ~~t ~id ~um~ of munry hrrr~n rclrrrrJ tu hr mu ~uumptly rnJ (uUy {+r~J .~uhm t~firrn Jr~'. nr~~ ~Itrr the +~me .r~rr+lly fKCUmr~ Jur ~nd payahtr, or J~arh anJ eva~y Ihr ~t~pulal~un~. a~trrrmrnt~, ~vaJUr~m aod :uvr~unh :~t ~,~III (M11111NMH)' Ollll' anJ Ihi+ drrJ, or auher, arr ~N~~ fully p.Y(~Hmrd, rompl~rJ ~~~th and ahid.J Ay, lhr.aiJ a~c~;~rKa~r.um mrn~e~nrJ ~n v~J pronn.u~rv n~~tr.halt Ar comr dur rnJ payrhlr furlh~~~lh or Il~rrrahtY at It~r ~~pl~on uf thr \H~rtKaarr a~ full> ~uJ a.mplrtrl~ ~I thr v~J rggrrK~lr .um o( ~riJ {rum~~v.ry nutr ~~ac~K~Rm~lly +tipulateJ lu hr paM1 ~~n wch ~y.~nyU~u~~[ in vK) pn~~n~~w~r) n~~lr ur hrrr~n tn Ihr a,n~r~ry ~a~t~v~h.~anJuqt. U) 'Iha1 in nrJrr tu accrlrr~Ir thr maturity of Ihr inJ~AleJne~+ hrrrAy ~rrurrJ, Ar~ausr u( Ihr ~JIIUfC ~~I lI1C hlurtK:qt~~r tu {?:~y an~' lax, a.~avmrnl, liability, oMigalM~n ur rocumh~anc~ up~n wid pruprrty, a~ hrr.m prur~JrJ, il ,l~~II nu1 hr nrcr.vey ur rav~uisitr thal thr m~~rlgaKcr ahall fitst pay Ihr ~amr. ~ 2. The Mortg~gce may, at his option, and without waiving his right to accelerrte the indebtedne~ hereby ~ecured - and to fureclose the same. pay either beforc or a~ter deliyuency any or all of those c~ertain ublig,ations reyuired by the terms hereof to be paid by the Mortgagor tor the protection of the mortg~ge security or for the cullectiun of the indebtedness hereby secured. All sums so adwanced or paid by the Mortpgee shall be charged into the mortgage account aod become an integral pa~t thereo[, subject in aU respects to the temu, conditions, and covena~ts ut the aforesaid pruo~ii~ory nute, and this mortg+ge, as fu!!~ and to the same extent as though a part of the original indebtedness evidenced by .aid note and secured by this moNgage, excepting howev~er. that said sums shall be repaid the Mortgagee furthwith upon its demand and be in additiun to the regular monthly installments provided by the moirtg~ge note. 3. That the abstract or abstracts of titk covering the mo~tgaged prope~ty shatl at all time., during the life of this mortgage, remain in possession of the Mortgagee and in event of the foreclosure of this mortgage ur other transfer of title Co the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title and interest oi the ~lortgagor in and tu any such abstracts of title shall pass to the purchaser or grantee. 4. To the extent of the indebtednesS of the Nortpgor to the Mortgagee described herein or secured hereby, the , Mortgagee is hereby subrogated to the lien or liens and to the rights ot the owners and holders thereof of each and every mortgage. Gen or other incumbrance on the land described herein which is paid and/ar satisfied, in wfiole or in part, out of the proeeeds of the loan described herein or secured hereby, and the respective liens of said mortgages, liens or other incum- brances, shal! be and the same and esch of them hereby is preserved and shall pass to and be held by the Mortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it wuuld have been preserved and would have been pacsed to and been held by the Mortgagee had it been duly and regularly a~~cigned, trans_ ferred, set over, and delivered unto the Mortgagee by separate deed of assignment, notwithstanding the fact that the same may be satisfied and rancelled 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 about the time of the recording uf this mortgage. S. In the e~ent the uwnenhip of the mortgaged premises, or any part thereof, beromes ~rsted in a peruwn other than the Mortgagor, the Nurtgagee may, w•ithout notice to the Nortgagur, deal with such successor or succes.surs in interest w•ith reference to this deed and the debt hereby secured, in the same manner as with the ~lortgagor w-ithoui in any way vitiating or discharging the Murtgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbrarance on the part ot the Murtgagee, and n~• ~te~uion of the time for the payment of the debt hereby secured given by the Nortgagee shall operate to releatie, di.xl~arge, n~udify, change or at'fect the original liability of the Nortgagor herein either in whole or in part_ ' 6. The lien of this deed secures and shail continue tu secure payment of said indebtedness or indebtedness, hov?rver ' evidenced, whether by said promissory note or any renewal or extension thereof or substitute therefor, ur otherwi~e, until aU . ' such indebtednen shall have been fully paid. f ( 7. /n ti~e erent 1/ie inurrxuxun s~~/l. ru~lri~?• ur ~ra~tsJrr 1he nrur~RuRed prentises cluririA ~hr liji~ ujlhis nr~,~~.Krr.~c, ~hen ' ~his m~~~ga~;e slwll. at ~he opiiun oj tlre A1~~ri,quRee~ l~ere•i?~. hecr» rte imnu•c/iu?elv ~tue unJ 1~?~ahle jnr lh~• Jiill cum ~?j ~he f pri~rci~wl txrlu?K•e a~u1 i~ttrrest the?r due. . ~ 8. The terms "Mortgagor" and "1~lortgagee" whenever used in this instrument shall include the hein, personal repre- ~ sentatires, successors and assigru of the respective parties hereto_ Where~~er used the singular number shal) include the plura) ~ and the plura! the singular, and the use of any gender shall include all genders. 6 k ~ Sign , sealed and I' n th resence of: ~a~ 1 ~ 1 Seal l ? ~ ' ~ . ~9z9 J'J'~ -7 = ~ , ; Fllk~ AtiUF.~UNUtU ~ ~~V~79~, s ROGER PONIRA A~ = STATE OF FLORIDA ~ CIERK CIRCUIT COUR ; COUNTY O ~ RcCn"n~ YE"~`~~ - ~ Befo~ m~-e ~~usonally appeared AUGUSTUS JOHNSON, III, an unmarried man to me well known and known to me to be the individuals described in and wfio executed the foregoing instrument, and - acknowfedged betore me that they executed the same for the purposes therein exprecsed. WITNESS m and oft~cia) seal in the County and State last aforesaid this 313t day Of MAy ~ 1979. ~ _ ' I ~ My Commission Expires: Jutle 30, 19~9 Notary Public, Sta~e of. p~~~ ` r e ~ - ' ~ t, _ . f : _ 3 ' . . ~ J ~O. ~ ; ~oaK 310 ~~E 561 . ~ ; .