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Home My WebLink About0145 Our File 5-44,999-1 Ihis m~KtKagr ur uthrr tra~uf.r uf Utlr tu Ihr murlKagrd pruprrty in c~un~u~~l~mrnl u( Ihr ~nd.hteJnc~~ ~r.urrJ hrrrby, a6 r~ght. tiUr •rnd inlerrst uf thr ~1u~lgagut in ~nd lu any imur~n.r p.tw~ir+lhen in furc~ ~hall p~~c w the purcha~r~ ur granlrr. ~ ~h17~• prr(urm. r~~mply ~•ith anJ abiJr hy rach anJ rv~ry thr +tipulalH~n~, agrrr~nrnl+. c~~uJilb~n+ ~nJ cu~ruanl. ~n +:iW prumi.air~ nutr anJ in lhis drrJ srl furlh. . 1 ha1 ~t any uf u~J ,um~ ul munr)' hrrru~ rrl'rrrrJ tu 1+r ~w~t p~~~mplh' ~nd full> p.,~J ~~dh~n Id~rrn Jr>, nr~t .~I~rr thr w~m. .r~~rell> brcumr~ Jur JOII ~:1)'JhIC. Uf H rarl~ anJ rvrty Ihr ~II~fUI.lIN111~. J~f1Y111C11~\. 1~~I1~IlIM111~ JII~I cucrn.u~h ~~1 ..uJ pr~~nu~w~ry n~~t. :~nJ thn derJ. ur rrthat. ~ro nut (ull> prr(~~rmrJ, r~~mplird ~~ul~ anJ ~AiJ.J hy. ~hr viJ ~y~nyca~r ~um mrnu~~u.J m cuJ pn~~u~.~~~rv nulr ~hall Ar rumr Jur ~nJ pa>ahlr furlh~~~th ur th~rr~llrr rt Ilie ~~ptiun uf thr ~I~~fIF':1KtC :1\ full> ~nJ :~~~nplr~rl~ a+ ~f Ihr wd ~gXrag~tr .um ul v~d ~xnm~.wry nutr ~~ac~K~Ru~~ll~ .tipulelrJ u~ hr p~iJun aurh iLy.any~lung m v~d ~x~~mnv~ry m~t. ~~r hrrcin tu ~hr r~~nt:ar> ~N~I~~Uh~tanJ~ng. U) That in urdrr lu acc.lrratr thr o~~turity u( thr inJrblrJnra. h~rrby x~ureJ. hewu~r u( Ihr (ailurr u( thc lfurtgagur tu ~1J) :111)' IJX. . s.~rc.mrnt. liah~lity. ubligalN~~ or rncumbranrr up~n ~aiJ pruprtly, a~ h_•tcin pruviJrJ. it .ha0 nut hr nrcr.vr~~ ur raY~ui~rtr that Ihr ainrtga~ct sh-rll firsl pay thr vmr. 2. The Mortg~gee tnay, at his option, and without waiving his right to aceelerate the indebtedaet~ hereby ~ecured and to foreclose the same, pay either before or after deliyuency any or all uf thuse certain obligations reyuired by the terms hereof to be paid by the Mortgagor tor the protection of the murtgage security or for the cullectiun of the indebtednes~ hereby secuced. All sums so advanced or paid by the Mortgagee shatl be charged into the mortgage account and become an integral part thereof, subject in all respects to the ternu, conditions, and covenants of the aforesaid prumi~ury note, and this mortgage, as fully and to the same extent ffi though a part of the origu~al indebtedness evidenced by said note ~nd secured by this mortgage, excepting howerer, that saed sums shall be repaid the Mortgagee forthw•ith upon its demand and be in addition to the regular monthly installments provided by ihe mortgage note. 3. That the abstract or abstracts ot title covering the mortgaged property shall at all time~, during the life of this morigage, remain in possessan ot the Mortgagee and in erent of the foreclosure ot this mortgage or other trantifer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title and interest of the Mortgagor in and to any such abstracts of title sha0 pass to the purrhaser or grantee. 4. To the extent of the indebtedne~ of the Mortgpgor to the Nortgagee 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 v?~hoie or in part, out of the proceeds of the lacin described herein or secured hereby, and the respective liens of said murtgages, liens or uther incum- brances, shall be and the same and each of them hereby is peeserved and shall pass to and be held by the Nortgagee herein as security for the indebtedness to the Mortgagee herein described or hereby secured, to the same extent that it w•ould have been p~eserved and would have been passed to and been held by the Mortgagee had it been duly and regularly aaigned, trans- ferred, set over, and delivered unto the :Nortgagee by separate deed of assignment,~ notwithstanding the fact that the wmc 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 about the time ot the recording of this mortgage. ! 5_ In the e~•ent the uwnership of the mortgaged premi~, or any part thereof, becumes ~•ested in a persun other than the Mortgagur, the \tortgagee may, without notice to the !~tortgagur, deal with such ,ucceswr or succeswrs in interest w~ith ~ reference to this deed and the debt hereby secured, in the same manner as with the ~lortgagor without in any way titiating ur f discharging the ~turtgagor ti liability hereunder or upon the debt hereby secureJ. No sale of the premises hereby mortgaged - ; and no forbearance on the part of thr Nortgagee, and nu c~tension uf the time for the payment of the debt hereby secured ; • given by the titortgagee shal) operate to releace, disrharge, nwdify, ch~nge or affect the original liability of the ~tortg~gor ~ herein either in w~hole or in part. ~ 6. The lien of this deed secures and .hall c~rntinue to ~ecure payment of said indebtedness ur indebtedness, how~e~~er ' evidenced, whether by said promis.-cory note or any renewal or extensiun thereof or substitute therefor, or otherwi~e, until all ~ such indebtednen shali have been fu{ly paid. ~ ~ F 7. /n tlte~ e?•e~nt ti~e ntrntKuxnrs se/1, cu?t?•e~r ~,r trunsf iv Nre~ ?~turlKu~c~c! prc'1)tlSPS tIlfR?1,~ lI((~ lrJi~ ~,j ~/ris nu~rr¢~rKi~. N~r?r ~ Nlis ?nnr~,~uKe slulll. a~ the up~iu?1 oJ the ,Nnrt,qagrr he•rrin. hc~-~,nrc i?tune~liutc/r eluc• a~~d ~~i•ah/c Ji,~ tlre~ /rd/ cur?r ~Itr > prinripal halmrr~~ u~nl i?tlrrrst N?c~n duc•. 3 8. The terms "Murtgagor" and "~tortgagee" whene~~er used in this instrument shall include the heirs, perw,nal repre- ~ ~ sentatives, successors and assigns of the respective pariies hereto. Whererer used the singular number shall include the plural ~ and the plural the singular, and the use of any gender shall include all genders. ~ . ~ ~ Signed, afed and i the resence of: ~a~) ~ ° ~$f3~) ~ - '3i9 I9 P;; 2~ ~8 ~ ~ ~t , 2, l_~_ L J f p 4.~ ~5~~ ~ F;~EG ~r:G F_i:u~[: u n SLIU~lE CCUyTY.ftA. ROGFR POITFt.S STATE OF F'LORIDA ~ c! ~Rrt c~~cuit c.ce~ COUNTY QF B~it~ , ~t . Lucie t: , . , . G~, = Before me personally appeared DELIA MAE KING, an unmarried Woi~n ' to me va~ell known and known to me to be the individuals described'in and who executed the foregoing inslrement, and acknov?iedged before me that they executed the same for the purp~ses therein exprecsed. WITNESS my hand and official seal _ in the County and State last aforesaid this 12th day Of ,Tuly ~ 1979 . ~ • f ~,~r+:~~.t„ • ` ' . M ~3 `~'s ~ • ~ ~ W~ ~ ~ My Commission Expires: Jurie 3~, 19H3 Notary~ Public, State` ~ e y: - . .~°t~ - ~ ~ j~~ ~ 4•;~'R .r1 ~ ~4A~~. : . :;4p~,~,ti?,~,~;~ ~ _ ~ . . ~.i.' . ~j ~iR~1', `E ~ ' r~'F~r~p~~t~•'.- _ ~ _ , B~~:aK.• 145 . ~ a