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Aiortsagor. In craat of tueeclwure of tbi~ ~ncrt~o~e or other trtnalec ot title to the mortga~ed propertr in cxtinsui~hnunt of t6e indebt•
edaea, ,ecured 6er~br~ ~U ri6ht, title •nd inters~t of the Mo~ta~6or in aad to •ar ineura~ct polieiei th~n in force ~hall pai~ to the
purcha~er ur srentoe.
(6) To pedorni, eompl~ with end abide br eac6 and er•crr the stipulationi, a~reemsats, conditioit~ and coven~nu in seid promiesor~
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(i)yTbat i[`any ot said •ums of money herein retarred to t,a not promptlr aad (ully paid withia lltteen d~y~ nest
aftcr the wme ~evorall~ beroma dut and payable, or it tach ~nd e~•cry the atipulationt, a6~eeu?enti, conditiotis and eovcuanb o( ~aid
pronlesstp eote aqd 1~5e deed, or eithrr, ~re not tull per(onned, coruplied with and abickd by~ thr. aaid aasre~te ~um mentioned i4
said proniiuory note ahall become due and p~yabte ~orthwith ar thereatttr at the optioa o[ the \iortR~6ee ai fuilr and completely aa 4
if the sald a`~epte ~wa of e~id promiuorr note wa~ orisin~lly ~tipulated to t,e Wid oe auch day, anyihias iu s~td promiaorp ~ate 1
or herein te tbt contriry notwithiiandin6. '
(j) Thai in order t• aecelente the maturitr ef the indebtedne~a hcreby secureJ, i~rc~uae ot the failure o! thc Mortsa6or to p.r an~ _
trx, aues~enent, liabilitr, obli6~tisn or encuuibtance upoa r~id property, ~s herein pror•ided, it ~hall not be necesaan or requi~ite that
thc uwrtgi6ee iluli 6nt p~r the same.
2. Tlie hiortgwgte may, at hie c,~tion, And without waiving hea right to acceterate the indebtedneds hereby
decured and to foreclc~ae the aame, pxy either before or after delinqueucy any or all of tt~oae certain obligationa
required by th~ terma hereof to be paid by the biortgagor for tl~e protection of the mortgage ~ecurity or for tue collec-
tiau of the indebte~neaa hereby aecured. All suma eo ~dvanced or paid by the blortgagee a}~all be charged into the
inortgage account and become an integral part thereof, subject iu all respecta ta the terms, conditiona, and coveaantu
of the aforeaAid ptomiaaory note, and thia mortgage, ae fully and to the same extent as though a patt of the originol
i~idebtedneae e~-idexiced b}' eaid note and aecured by thia inortgage, e~cepting however~ that said auma ehall 6e repaid
the ~1lortgagee [orthwith upon ite de~uand and be i~ addition to the regular monthly iastallmenta provided by the
inorigage note.
3. `~hat tl?e abstraci or abstracta ot title covering the mortgaged praperty sl~ali at all timea, during the life of
thiB inortgage, ramAin in p~saeaaion of the Mortgagee and in e~•eut of tlie Eorecloeure of thia niortgege or other tranafer
of title to the martgaged property ii? extinguishment of the indebtednes~ secured hereb}', all right, title and intereat
of the biortgagor ia and to any 8~,cli abatracta of title ehall pas9 to ttie p~irchaeer or grantee.
4. 'I'o ihe extent o[ the indebtcdnesa of the Mortgagor to the Mortgagee deacrihed herein or secured hereby,
the TSortgag~~2 is hcreb}• eubrogated to die tien or liene and to ths righta of the o~vnera and holdere thereof of each
and every mortgage, lien or other incumbrance on tlie land descriLed lierein wlucli ie paid and/or aatiefied, in whole
or in part, out oC the proc~da of the loan deacribed herein or aecured herebv, aud tlie reapective liene of said mort-
gagea, liene or other incumbrancea, ehall be and the aamc and eacii o[ t~~e~n hereby- ie l~reae;rved and shall paea to and
I~e held b~• the Mortgagee herein as aecurity for the iudebtednea9 to the Nlortgagee herein deacribed or hereby secured,
to the same extent that it H-ould have been pre8en•ed and wouid ha~•e heen paesed to and been held by the Mortgaget
had it been duly and regularty aaaigi?ed, traneferred, aet over, and deli~~ered wito tl?e blortgagee by separate deed of
a~igci~nent, notwithetanding the fact that the aame niay be eatiefied and cancelled of record, it beiug the int~ntion ef the
i~arties liereto that the same will be uatisfied and cancell~ of record by the holdera thereof at or about the time of
the recording oE thie mortgagc.
' S. In the event the ownerahip of the mortgaged premiseee, or an~' part thereof, becomea veated in a pereon other _
. than tlie ~1lortgagt?r, the '_1~artga~ee may, without notice to the Mortgagor, deal witl? euch a~~cceaeor or aucceasors in ;
iutereat Kith refereuce to thie deed and the debt hereby eecured, in the same manner as with the 11'[ortgagor without
in ai~}• way ~•itiating or diechar~ing the iiiortgagor'e liability hereunder or upon tl?e debt hereby necured. No sale of
the pramisex l~ereb}• raortgaged and no forbearance ou the pt~rt of the '~tortgagee, and no extenaion of the time fer the
paymeiit of the debt heeeb~- aecured given by the biortgagee ehal) operate to release, discl~arge, n~odif}', change or affect
the original liability~ of the D'lortga~or herein either in who~e or in part.
6. 'I'he lien of thie deed aecuree and ehall continue to aecure P~i-n~ent of 6aid indebtednes9 or indebtedoesa, ~
lioye~•er evidenced, whether by said promisaory note or any renewal or exteneion thereof or eubetitute therefor, or
otlierwise, until all euch indebtedne.ag ehall have been full~- p~id. -
7. Irt the ei~e?~t tlre mn~•tgagors sell, cn~tr~e~~ or tra~rsjer clre ~nm~l~nt;ed f~re»rrses dttri~r~ thc !i(e o/ this ?ll0)'I~(1~P.~ f
tleen thrs mort~a~e shnll, rt! tlie option o/ the 111ort~ag~•e herei», Gecnme inimPdintel~~ cluc nnd f~nyable for the full siun o/ ;
rhe p~-~~~~~ fial Lalan~e n~rd i~iterest the~i dete.
8. The terms "Mortgagor" and "Mortgagee" whenever used in this instru~nent AI?all incl~lde the heira, personal
' repre~entativee, aucceseors and aeBiRna o[ the reapective pacties hereto. Wherever used the einguler number shal! include
! the plural and the plural the eingular, and the uae of an}• gender s~u1) include all gendera.
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Signed, e lecj ar~ $~ered in ie r ryc of: - (S~?L)
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jt~' ~ / , J ~ t-- ~ ~ ~r~~ - ~ - - . .SEAL
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STATE OF FLORIDA $g-~
COUNTY OF
Be(Ore'meUpeCaonally appeara~i VE~vAI~ BO~I~ arid DOPOTHY I~. B0~'~E, h3.s wife, '
to me well known and known to me to bP the individuala de~cribed in and who executed the foreaoing inetrument, ~nd
acknowledged before me that they executed the aame for the purposea therein expreseed. WITNESS my hend and
official seat in the County ~nd State lAet aforeaaid thie 28th day Of ~I.a,~:uary, 1966.
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Mv CommtaQion Expiree: Nbtary Public, State of i,:;., -
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' - FIL t~NO RECORD ~ ~ ~ ' ~ - `
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.~6 FEB I 4 PM i: 3 7
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. . c: - ROGEP, f'.~~"."~?,;~, RK D R ~ ~
ST. LUCIE CLE SQOX~~~ c~~
~ COUNTY, -
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