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Home My WebLink About2009 1 + Our ~ile 5-32,419 ' i • ~ni. mort~a~r ~a o~hr~ trn~slci ~~t ~~tlt tu thr mut[gagcd ~xopr~t~ i~ c~Ungu~~hmt~t ui ihr ~ndeA~eJn~~. ,«u~r~f hrrenS. ~11 c~~eh~, i~Ur ~nd ~n~e~es~ ~~i ~he \k+r~gago~ :n ~n•! ~o anq msurance pol~cits t~en ~n ~orce siiall pass Io ~hr purcha,r~ ur g~aniec. ' (h) Tu p~~l~am, ~omply u~th and ab~dr by each pnd ec.-ry tAe cUpula~~ons, agrtemenls, conJihon. and ii~~'enan~x ~n .ca~d prum~~tory ~ ~ nott and in ihi. deeJ ~tt fo~tA. i~) That any ul ~aid rumc of m~nry~ hrre~n rofe~tcJ l~~ bt nu. promptly and fuUy pa~~ wu~~~ f~(trrn days nc*t alter i tho same severally beaomes due a~d payahle,or if each and every ~he supula~ions, a6~eem~nt~, cundit~on. and cuvtnants o( sa~d prumis•. " sory note and tAis ,dred, or. e~~her, are not (ully pc~formcd, compi~e~f with aad abid~d hy, thc .aid aggrega~r sum menU~~ntd in sa~d pram~ssor> nute shall become dur and payable forthu~th or therea(ter a~ the opUon of thc \1o~tgagte as fully and comple~ely as ~f ~he ~ iaiJ aggregalr sum o( si~d promi~sotp note was ong~nally supulated ~o ~e pa~d on such day, anyth~ng ~n said ptom~ssury nott o~ hcrein t _ to the rontnry notu•~thst~nding, ~ ) Thei ~n order to accelerate ~he matui~ty of the mdebtedness hereAy secu~ed, because uf the (a~lure u( ihe ~tnttgagi~r. to pay any tas, as.e~smem, I~ab~l~ty, obl~gat~on or encumb~ance upon sa~d property, as herein provideJ, sha11 not be necescary or reQuisi~e Ihat ~he ) . mortgager shail f~r.~ pay the same. ' ~ _ 1 2. The \tortgagee ma~~, at his option, and without N~aiving his right to accelerate the indebtedness heteby j serured and tu forec.use thc ~ame, pay either before or after delinquency any or aU ot those certain obligations ~ , required by ~h~ terms hereof to he`~aid by the ~lartgagor for the protection of the mortgage securit~~ or fe: the cal- lection of th~ ~ndebte~lness hcreb~~ secured. r~ll sucns so advanced ar paid by the !~lortgagee shall be charged into the mortgage account anJ hecc?me an integral part there~f, subject in all respects to the terms, co~ditions, and ~ . covenants oG the afaresaid promissarp nc~te, and this .mortgage, as f~ally and to the same extent as though a part ` of the original indebiedness evidenced by said note and secured by this mortgage, excepting however, that said ' sums shall be repaid the ~lortgagee forthwith upon its demand and be in addition ro the regular monthly install- ~ ments provided by the mortgage note. ' 3. That the abstract or abstracts o[ title covering the mortgaged property shall at all times, during the life ~ af this martgage, remain in possession of the ~tartgagee and in event of the foreclosure of this mortgage or other ~ transfer of title~to the mottgaged property in extinguishment of the indebiedness secured her~by, all right, title ~ " and interest of the ~iurtgagor in and to any such abstracts oC title shali pass to the purchaser or grantee. s ` 4. Ta the extent of the indebtedness of the hlottgagor to the !1lottgagee described herein or secured hereby; - ~ the Atorigagee is hereb~~ subrogated to the lien or liens and to the rights of the awnets and holders thereof of each t and every mortgag~, lien or othet incumbrance on the land~~escribed herein which is paid and!or satisfied, in ~ whole ot in part,-out of the proceeds of-the loan described herein or secured hereby, and the respective liens of - said mortgages, liens or other incumbrances, shall be and the same and each of them hereby is preserved and shall • ~ _ pass to and he heid by the \lortgagee herein as security Cor the indebtedness to the Mortgagee herein described = - on c~reby secured, to the same extent that it K•ould have been preserved and would have been passed to and been ~ held by the ~tortgagee had it been duly and regularty assigned, transfetred, set over, and delivered unto the Mort- ~ gagee by separate deed of assignment, notw~ithstanding the fact that the same may be satisfied and cancelled of ~ record, it being the intention of the parties hereto that the same wil! be satisfied and cancelled of record by the ~ hclders thereof at or about the time ot the recording of this mortga~e: _ - ~ 5. In the event the owners-hip of the mortgaged premises, or any part thereof, becomes vested in a person ~ other than the \lortgagor, the \tortgagee may, without notice to the Mortgagor, deal with such successor or suc- ' cessors in interest N~ith reference to this deed and the debt hereby secured. in the same manner as with the ;11ort- ~ _ gagor w~ithout in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the preinises hereby mortgaged and rto forbearance on the part of the htortgagee, and no ex- ' te~sion of the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release. ; discharge, modify, change or affect~the original liability of the Mortgagor herein either in whoie or in part. ~ b. The lien of. this deed secures and shall contir~~e to secure payment of said indebtedness or indebted- ~ - ness, however e:idenced, whether by said promissoty note or any renewal or extension thereof or substitute there- ~ ~ for, or otherwise, until all such indebtedness shall have been fully paid. Y 7. !n the event the mortgagors sel(, convey or transfer the morlgaged premises during the lije oJ this morl- ~ gage, then ehis mor~gage shalt, at the option oJ the ,4lortgugee herein, beceme immediately due and paya6le fo~ ~he ~ - J~s!! sum of the principal balance and irtterest then due. . ~ 8. The tertns "Mortgagot" and "Afortgagee" w~henever used in thic instrument shall include the heirs, ~ - personal representativ~s, successors and assigns of the respecti~e parties hereto. Whetever used the singular ~ number shall include the plural arsd the plural the singular, and the use of any gender sha{I include all genders. ~ i Si ed, seal and liy red n the resence of: "~Lt`~~1 ~ ~ ' ~ _ _ (Seal) ~ _ ~ , / , .~Gi_ sZ~c.-ry-U ~ S e a 1) •~LGe~ i~ - ~ ( i ~ ~ - STATE OF FLORIDA I - - ~ 3 COUNTY OFQ~~ j ss ; ST . LUCIE _ ~ ~ ~ ~ BeCore me personally appeared EDWIN. KEIM.Bnd RUTH S. KEIM~ hiS wife, f' " to me well ki,own and known to me to be the individuals descri~ed in ~and who executed the foregoing instrument, and acknow~ledged before me !hat they cxecuted the same for the pusposes therein expressed. WITNESS my.hand . ; - and official ~eal in the County and State last aforesaid this 8th Day of May, 1975 - ~ - . ; ~ <<c:srr~t:~'-: : y f~i,,'-.; ~ ~ i: - € : ~ - ~ . . - _ ~s• - `o _ s : ~ty Commission Expires: Jttne 30; 1975 Notary Public, State of Florida ~ - .r..- ?;R - ~ : . _ ~CT,,-_ ~f_i~j - _ r~ c~l-~ .,~~;N~ S . _ - ~3~-;: - [ T_L ~i C~ ~ ' ~C~ , - ; _ # F.,~ - ,;i : , _ ~ _ ~ ~ : i L'~ ~ , % - _ - - ~~~3<t3~. _ - - ~ - ~f~~~-- ~ _~9 p~~~~ _ hA~ `~0 o(~ ~ . ~UU:1~~/ filUi~~~~ - a . t ! )