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Home My WebLink About0142 Gur File 5-45,OQ2-3 Ih~~ m.utg~gr u~ ~~lhrr Iran+far ~~f I~IIr lu ihr nuKlgagrJ p~uprrty in r~t~ngw~hmrnt ~~f Ihr ~nJe1.IrJnr., craurrJ hrtrb)'. ali nghl. lillr anJ iolrrrsl u( lhr \lurtgeKor i~i anJ lu ~nY in~ur~n.r p~lic~r~ Ihrn in f~~rcr ~hall p:+„ lu IIIC ~lUflI1JN~ ~~r granirr. (h) lu prtfurm, aumph wHh auJ abiJr hy r~ch and rvrry Iha SU~IUIJIIIIt1\. J~Gf~I'Oll'UN, cunJitH~n~ anJ cuvrn~nh in viJ prucni.u~ry nulr anJ io thi~ JrrJ ~rl G~rth. ' U1 Ih~t ~f any ~~1 v~J wm+ ~~1 mour)' h~Yr~n ~rlarrrJ lu Ar ~wt prumptl~ anJ lull> p~~J ~u~h~n f~ltr~n d~y~ nr~t altrr U~r ,ama ~r~rrall> brc~~mr~ Jur ,,nd pa>~nk. ur d rach auJ r~rr) Ihr .hpulrtwn., agr.~.mrm.. .unJ~iN~m aud c~~~r~unl. ul ..uJ prum~.u~ry n~:tr ~nd thn JrrJ. ur r~~hrr. arr n~H lull> p.Yf~~rmrJ. :~•mp1~rJ ~~~Ih rnJ ~h~drJ hy. Ihr w~d aKgrrKatr +um mrnh~~nrd ~n viJ prum~.~un n~,lr .h.Jl t~r runtr Jur Jlll~ ~~J)'JhIC tutlh~~~th ur Ihrrraf~at al 1hr nptwn o( thr \I~~rlFagrr a~ lully .u~J a~~nplrtrh e~ ~f Ihr cuJ aK~trrg~lr wm ~~1 v~d {rum~.wry n~~~r.~s~ ur~gm~ll~ ~upul:~IrJ U~ br paul un.urh ~Ly. ~nvthmK ~n viJ {x~~nnw~r> nulr ~~r lirrcu~ 1~~ Ihr r~~nt~ary iN~t~~uh.t~nd~ug. U) Ihat in urdrr tu acrrlrratr Ihr mrturily ~.f ~hr inJ~btrJnrs~ hrrrhy ~rcurcd, hrcausa uf lhr frdurc u( Ihr lfurlg~g~.r U~ an)' ta~. ~~.r.+mrnt. lirbilily. ~~hlig~tiun ur rncumhranre uM~n w~J pruprrty. a~ h.r.in pn~viJcJ. it ~hall nut hr nrae++ary ur rryui.~tr Ui~t Ihr murtgagrr ~hall fint pay lhr umr. 2. The Mortgagee may, at his option, and withuut waiving his right to acceler~te the indebteJrk~~ hereby securrd and to foreclo~e the same, pay either before or after deliyuency any or all of ~huse ~~ertain obligatiom reyuircd by the termc hereof to be paid by the Mortgagor for the peotection uf the mortgage security or for the cullectiun of tfie indebtedne+~s hereby secured. All sums so advanced or paid by the Mortgagee shat~ be charged into the mortgage account and become an integral part thereof, subject in aq respects to the terms, conditiuns, and covenantti oi the aforesaid prumiicury note, and this mortgage, as fully and to the same extent as though a part uf the original indebtedness evidenced by ~aid note and secured by this mortgage, excepting howevrr, that said sums shall be repaid the Murtg~gee furthwith upun its demand and be in additiun to the regular monthly installments provided by the mortg,age note_ 3. That the abstract or abstracts of title covering the mortgaged property tihall 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 tramfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title and interest of the Nortgagur in and tu any such abstracts of tide shaU pass to the purchaser or grantee. 4. To the extent of the indebtednesS of the titortpgor to the Nortgagee described herein or secured hereby, the Mort~gee 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 satis~ed, in whole or in part, out of the proceeds of the loan described herein or secured hereby, and the respectire liens uf said mortgages, tiens 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 Murlgagee herein as security for the indebtedness to the :~lortgagee herein described or hereby secured, to the same exlent that it w~ould ha~•e been presen•ed and would have been passed to and been held by the Mortgagee had it been duly and regularly astiigned, tr~ns- ferred, set over, and cielirered unto the Mortgagee by separate deed of as~ignment, notwithstand'eng the fact that the ~me may be satisfied and c.~nce!{ed 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 o! the recording of this mortgage. 5. In the event the ovmership uf the murtgaged premises, or any part thereof, becomes vested in a perwn other than the Nortgagor, the !1lortgagee may, w•ithout notice to the Mortgagor, deal w~ith such successor or succeuors in interest with I~ reierence to this deed and the debt hereby secured, in the same manner a. with the ;Nortgagor w•ithout in any way vitiating or i discharging the Nortgagor's liability hemunder or upon the debt herrby secured. No sale of the premises hereby mortgagrd i and no forbearance on the part of the it~~rtaagee, and no e~tension of the time for the payment of the debt hereby secured ; gi~•en by ti~e ~lorty,agee shall operate to releace, dncharge, modify, change ar affect the ori~inal liability of the ~lortgagor ' herein either in whole or in part. 6. The lien of this deed tiecures and shall continue to secure paymenl of ~id indebtednese or indebtedness, howe~er ; e~idenced, whether by said promiition• note or an; reneaal or e~ten~ion thereof or substitute therefor. or other.wise, until all a such indebtedness shall ha~•e been fully paid. ~ 7_ /n thr ere~rt N«• n~r~rl,YuKun sc•ll. run?•~-~• ur trunsjcr thc~ nt~~ilKuKe~cl prcntires durin,q tlrr l~Jc~ njtlris rr~r,rt.Yu.~c~, tltr~r ~ tltis i~i~Nt,~aKc sltult. ut tlu~ r,ptiu~i c,j lltr ,tifurtKagc~r /rrrrin, hr~~~,ntc im»re~liulclv J~~c un,/ ~wi~vh/c Jr~i ~ltc ji~/! sunr u~ N~~ pri~u•ipal hUluirc•c un~! i?trrrc~ct Ihrn clur. ~ 8. The terms "Mortgagor" and "~1~rtgagee" whenever used in this instrument shali include the hein, perW~nal repre- ~ sentatives, succes~ors and a~-~igns of the respecti~•e parties hereto. 1Yherever used the singular numt~r shall include the plurai ~ and the plural the singular, and the use of any gender shall include all genders_ ~ R ; Sig , sealed d d ve d" t presence of: ~a~~ ~ ~ 1 Seal ? _ E; . ~ ~ w 1! !1 ~ ( ~ Fi~:G tnU F:C:UYu~~ ~ ST. LUCIE CGllVT Y. ~I A. ROGEfi PQITRaS C;ER: C~;r~~!T C~;:RT ` STATE OF FLORIUA I • 7 COUNTY OF ~t1K~ ; ~t . Lucie , - . , ~ ~ ~ ~ ' ti Before me personally appeared ~MOYNE SARGENT, an unmarried IDat1 45ii~ I 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 the} executed the same for the purposes therein expressed. WITNESS my hand and official seal x in the County and State last aforesaid this 7 th day Of July ~ 1979 . ~ ~ ~ : l* ~ ' My Commission Expires: June 30 } Z983 Notary Pub1la T~~ o[ -~r ` ~ ;'"z - `~''~yQ,~+~' ~ `~w ; - ~ : ,,~F . ~ ~ . : ¢ ' ~3 ~ : ~r `'~Q- _ ~ ~ ~ `~~~'~J - ~r3~3 ~~~E 1~42 ~