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Home My WebLink About2207 . - - - - { - ` 5-44.874-6 ~ IAis m~Kt~e ur ulhr~ ltamt~ uf lilk tu the mixl~arrJ pruperty in ralir~uishmeol uf Ihe imlrlNeJ~rss srcurrd hereby, sM ri~hl, titk snd inte~est of Iha M~xt~aju~ io s~d tu aoy iaswsncr pulirks lhen in fu~cr shall pass tu 1hr purchase~ ur ganlaa. (A)Tu per(urm, a.mp1Y ~h aDiJr by rach sod evrty Ihr slipuhiions, a~trcmrnls, cond'qM~ns am1 cuvenaots in said ptomiswry note anA io this JeeJ set funh. (i) Thal if any of said sums of rtwnry he~ein refsrrsrf lu be not promptly anJ fully paiJ wi~hio f~ftern daya nrxt after 1he ~ame .evaaNy becomes due aod pariAk. rn if each and every Ihe stipublwns, a~rermrnts, n~nditium aoJ corenanl~ uf wW p~umiivuy note and this deed, o~ eilher, are not tully patformed, rnmplied with snd abidrd by, Ihe said aa~tsale sum mentN~nrJ in .aid promicW~ry note shall Ix- come due and payable t~xlhwi~A or Iheteafter at tMe option of the INurt~a~re as tully and cumpletrly as if Ihe cad aputsate wm ot said promiswry nole Nssori~inslly slipulaled t~ be paid on auch d~y,anythi~ in aaid ptnmissory notr or Aerrin to IAr mntr#ry nntvvi~hatanJi~. Thsl in orda tu secelerate the maturity uf 1hr inJebtcdnrss hrrrby securrd, beause ut Ihe failurr of lhe Murlsaror tu psy sny tax, a~~i~„e.-.i, IiaDitlty, 0~2I{:sR W eacumb~snce upun said property, as hrrrin pruvidr~l, it shaU.niN bn necessary ur reyuisite thsl ~he mort=~ce shau rust par Ihe same: 2. The Mortg~see may. at his option, and without waiviag his right to accelente the indebtedneas hereby secursd and to forectose tbe same. psy eitber be[ore or after deliquency sny or.a~ of those aertain oblig~tans requircd by the ter~m hereof to be paid by the Mortg~or for the protection of the mort~ge security or for the rnpectan of the indebtedness hereby securcd. AY suras so sdvanad or paid by tbe Mort~gee shsH bc char~eed into tl~e mortg,~ge account and become aa inte~aal part thereof, subject ia a11 rape~.Ks to tht terms. conditans, and covenaais of the aforasid promissory note, a~d this awrtg~gc. ss fuUy aad to the saa~t exteAt as tbou~ a put of the ori~~sl indebtednas evidencsd by ssid note and secured by this mortgage. exceptiag law~ever. tUat said wms sba8 be repsid tbe Mortgasee forthwith upon its demand and be in addition to the regular munthly iastaWnents providcd by the mort~ge note. 3. That the abstract or abstracis of titk ooveriaa the mort~ property shall at atl times, during the Gie of this mortga~e~ remain in poa~ion of the Mortgaaee sad in event of tl~e foreclosure of this mortgage or other transfer of titk to t6e mort~,aged property in extiaguishment of the indebtednas secured hereby, sll riEht. titk and interest of the Mortgagor in and to any wch abstncta of titk sba9 p~ss to the purchaser or arantce. 4. To the exteat oi the indebtedaes of the Mortgpgor to t6e Mortgagce described herein or secured hercby. the Mortg~gee is 6ereby subrog,sted to the lien or liens and to the rights of the owners and holders thereof of each and every mortg~ge, liea or other iacwabranoe on the land dacribed herein which ic paid and/or sstisfied. in whok or in put. out of the proaeds of the laan described hereia or secured hereby, and the rcspective liens of said morig,ages, ::::..s or other incum- branoes. shsll be and the same and ac6 of them hereby is praerved and shaU p~ss to and be held by the Mortg~gee herein zs 9ecurity for the indebtednas to tbe Moirtgagee hereia deacribed or hereby secured, to the s~ne extent that it vrould have been p~eserved and would have been p~ssed to and been held by t6e Mortg,agce dad it been duly and regularly usigned, tram- - ferred, set ovrr. and delivered unto the Mortg~gee by separate deed of assignment. notwithstanding the fact that .the same msy be satisfied and anoelkd of cecord. it being the iatention of the p~rties hereto that the same will be satisfied and can- celled of record by the hddeas thercof at or about the time of the recording of this mortgsge. . S. ln tl~e event the ownership of the mortg,~ged premi~es, or any part thereof, becomes vested in a person other than the Mortgagar, the Mortgagee may. without notice to the Mortgagor, deal with such sucoes.wr or successors in interest with referener to this deed and ihe debt hereby secured, in the same manner as with the Mortgagor without in any way vitiating or discbuging the Mortg,~gor's (iability 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 for the payment of the debt hereby secured j given by the Mortgagee sha8 operate to releace, discharge, modify, change or affect the original liability of the Mortgagor ! herein either in wMok or in part. { 6. The lien of this deed secures and shaU rnntinue to secure payment of said indebtedness or indebtedness, kowever ~ evidenced. whether by said pmmi~sory note or any renewal or extension thereof or substitute therefor, or otherwise, until all ~ such indebtednes shaU have been fully paid. ~ 7. /n the event ~he mwtgagon sell, co~rvey ur ~mnsjer the mor~gagec/ premises durtng the lije oj this murtgage, then ~ this martgqge sha/1, a~ the optiwn oj the Morrgagee herei~r, bec•on:e immediatelv due a?ul p~uvabJe jor ~lic jidl swn oj tlie ~ principal !wlvnce anrl interest then due. ~ 8. The terms "Mortgagor" and "Mortgagee" whenever used in this instrument sha8 include the heirs, perwnal repre- sentatives, successors and assig~u of the rcspective parties hereto. Whererer used the singular number shaU include the plura! ~ and the plural the singular, and the use of any gender sha0 indude sll genders. S' ed,seak vered the pre.se e of: Seal) ~ ISeal) ~ f,~,'~~ ~ L`) ~D~ , ~ ~ STATE OF FLARIDA ~ ~ COUNTY U~t~u i~ ~ Beforc me pe~son y ap~eared SWEET BENJAMIN, an unmarried woman to me wd) kiwwn and known to me to be the individuak dacribed in aad who executed tbe foregoing instrument, and ~ adcnowledged before me ihst they eacecuted the same for the purposes therein expressed. WITNESS my hand and 'al seal ~ in the County snd State I~ut aforesaid this 20th dey of June, 1979. s t ' ~ Y ' ~ : ~`~~~.i~r;~.~ i~ ~ June 30 1979 ~ d t My Commission Expires: ~ Notary N~ic~~tt ' ~ : - ~ ~ ~ r ` ~ ~ ' i s~a~ 311 P~~E 2206 . ~ 2 ••~qi~~r~ s y~ j ~ ~