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Home My WebLink About1621 `j~l;'~ ; ~ `'J~i ~ 3. Thc morigagur curenatria and uKreea that if he ~shall.Iai1 to pay +aid indebteduesu or any~ part thcreof whec~ due, or shall iAi! to perform eny covenant or aKreemeot of thia inatrun~ent or the promiauory note ~ecureJ hereby. the entite iadebtedncas hereby eecured ahall immediately become due, payable, anJ collectible without notice. at the option oI the mortgagee or asei~na regardlees oi ~iaturit~•. and ihe morigagee or hie aeaiKu~ may before or after entry~ sell said pmperty without wppraiseme~t 1 the mortgaRor havinq waived and aeeiKned to Il~e mortRaRee~ all riRhis o( spprueement) : ~1 at judicial eale puruuant to 1he proviaione oE 28 U.~.(:. 2W 1 ~ a i; or (tt) at the option o[ the mortgaaee, either by auctioa or by eolicitation of xaled bids, for the hishe~t aad beat bid complying with the terma of sale and manner of payment speci6ed in the publiahed notice of sale, first ~iviag four weeks' notice ui the time, terma, and place of euch sale, by adveHi~enient no1 le~: tl~an unce durina each of ~aid four weeks in a newspaper publiahed or d'utribt}ted in;t~e conntr in which said propert~ ii aituated, all other notice beina hereby wuved by the raortaagor- (~n~ ~ai~i' a;ortgaaee, or any pereon on behalt of said mortga6ee, mar bid with the unpaid indebteduees evidenced b~r said note). Said sale ahall be beld at or on the pmperty to be eold or at the Federal, county, o~F} y urthouse for the countp in which the prnperty ie located. The mortgagee u henby authorized to ezecuY'-~Or~~iud be~~ 4~ ~?e mortgagar and to deliver to the purchaser at such sale a su~cient conveyance of said prnperty, which conveyance ahall contain recitals as to t6e happetung of the default upon which the ezecntioa of t6e : power o~`~aale herein aranted deQends; and the aaid mottaagor hereby oonstitutes and appointa the mottga6ee.oa any a6ent or attorney of tLe mortgaaee, the a~;nt and attorney in fact of said mortgagor to_ m~ke sucH~ recit~la and to e:ecute said conveyanoe and hereby covenants and aarees that the recitals w made shall be eHectual to bu all equity or right o[ redemption, t~omeatead. dower, and all other exemptiona of the mortKa~or, oli of which are hereb~~ expresaly waived and conveyed to the mortga~cee; or (Utl take any ether appropriate action pur~uant to ~tate or Federal dtalute eilher io rlatr ur !~'e~lrral court or othPrwise for the diepoaition of the properh•. In the eveat of a aale ae hereinbefore provided, the mortgagor or any ~pZreons in gi~aeian ~hd~ dte mort= gagor ahall then become and be tenants holding over and ehall forthwith deliver poe~sesaion to the purchaeer al such sale or be summarily diaposaeased, in accordance with the proviaione of law applicable to tenante holdin~ over. T6e power and agency hereby granted are coupled with an intereet and are irrevocable b~ death or otherwiee, and are granted ae comnlati~re to t~e reme~iea for co~lection of said indebtedueaR provided by law. 4. The procetda of any sale of eaid property in accordance with the preceding paragraphe ahall be applied 6ret to pay the coata and expenses of said eale, the ezpenaea incurred b~ the mortgagee for the purpoee of protecting or main• { taining. esid property, and reaaonalile attomevaf ~cea; aecondly, to pay the indebtedneBa secured herel~n'; and 1hir~lly, ~ to pap any eurplua or ezcees to the pereon or pcreona:legallr enEitled ~hereto: ~ - ~ _ _ . ! S. In the event eaid propeety ia eold at a Judicial foreclosnre sale or pnrsuant ~to ~the ~pow?er =o[ sele hereinabove ~ granted, and the proceed'a ase not eu~cient to pay the Wtil indebtedn~as eecured by this ~nstrutneat an~=EQidt.aced by ~ eaid promissory note, the mortga~ee will be entitled to a de6ciency judgment Eor the amount of the deficie~cy without s regand to ~ppsaisement. - • - ~ ~ - - ~ ~ ' ~ 6. In the event the mortgagor fails to pay- an~~ Federal, ~tate, ur local tax aa~eaemeut, incon~e tax or uther t•r~ ~ lien, charge, fee, or other expense charged against d~e property the n~ortgagee ia hereby autharized at hie option tu ; ~ pay ihe same. Any eums so paid by the mortgagee ehall be added to and become a part of the principal amount of tiie # indebtedneas eridenced by eaid note, snbject to the aame terms and conditions. If the mortgagor ehaU pay and ~ discharge the indebtedneae evidenced by eaid promiaeory note, and ahall pay such euma and ahall diecharge all . ~ tazea and liene and the coats, feea, and ezpenaea of raalcing, enforcing, and ezecuting thia mortgage, then this mortgage ~ bhall be canceled and enrrendered. ~ ~ 7. The covenants herein contained aiiall bind and the bene6ts and advantage~ el~al) inure to Ihr rra~?rctive ruc- ~ ceeeors and assi~e of the partiea hereto. Whenever uaed, the eingular number ihal) include the plural. the plural the ~ eingular, and the uee of any gender ahaU include all genders. 8. No waiver oE an~• co~~enant herein or of the obli~cation securrd hereb~ Ahall at an~ lime ther~•aftFr be hrld ~ to be a waiver of the termB hereof or of the note secured hereb~-. rn 9. A judicial decree, order, or judgment holding any provieion or purtioi~ of tl~ir inalrument invaliJ ur unen- ~ forceable ehall not in any way impair or preclude the enforcemeni of ihe remaininK pro~•iRionR or portions of thi~ instrument. ~ ~ 10. Any written notice to be ieeued to the mortgagor pursuant to the pmviaioas of this inrtrument ehall be ad- ~ dreeded to the mortasgor ac 3000 South Federal Highway, Ft. Pierce, Flo rida ~ and eny written notice to be ieened to the moe~agee shall be addreesed to the mortgagee at 112 South Second Street, Fort Pierce, Florida 33450 ~ ~ . ~ go~K 219 0~~620 ~ sss s.~. sb (u-r~? ~ • ~ rx- ~ ~-~F~ ~ - i~ ~ ~ ~ ~~.~~t-.z . _ _ - _,~_~.c'L _.k~=~