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Home My WebLink About2651 ~ < f R . y. : The mortgago~ covea~nta and agcea that if he ~6df, tail to pay wid iadebtcdnee+ or any part tE~etco( wheR due, or shall fail to pertorin aay covenant or aaceemettt o~ t1~ Iwwts~?ment or the pwmiasory note ~ecured hereby. the entice indebtedness hereb} aecured ahail immediately beeoq~ due. payable, and collectible witl~out notice. at the ~ option of the mortgsace,qr wigns. regardlas of maturity. ~d the mortgagee or his ~eai6ne may lrefan oc after eatrv ~ eell said properiy without appnieement ftha mort~agor h~via~ w~i~c~l and aMiRne~ to the niortRa~ee •Il rights o[ ~ 3 appr~isement) : - ~ - 3 ~ ( at judici~l sale ~punuutt to the proviaiow of 28 U.S.G. 2W 1 1; ur ~ (n) at the option of the mortaaaee. either b~ auction or by wlicitation of aeakd bid~, for the 6i6hest aad ~ bert bid ooznpl~ins r+ith the ternu ot eala and maAner oi papmeat ~pecaScd ia t6e publishal notioe of sale, fint ~ ~iving four weeks' notice of the time. terms. and place o[ such iale, b~ adverti~emeat not lr,~s tl~an unc~ _ dnrin6 each of aaid fou: ~reelu ia a ne~WP~ PnbW6ed or distributed in t6e couatp in ~rhich said propert~ i is sitaated, all other ~+odce befna hereb~ ~rai~ed by the mo~or (and said m~~ ot +~r peran on ~ behaU oi ea~d moreaasea may bid ..ith the nnpaid indebted~e.s eridenoed by au no Sa~d ~ale s6a11 be ~ 6eld at or on the propesty to be wld or at the Fe:~era1, couaty, or city oourthowe for tln county in wbich t6e $ prop~rtJr ia located. The mortaaaee i~ hereb~ authorised to ezecu~r~d ~orta~or and to pr ~ deliver to the purchaser at wch wle a soffi'icient oonveyanoe oi d properq, ~?hi converaaoe s6all contain recitals as to tLe hsppeaina of tLe default npon ~r}uch t6e ezMf~ti~l.io~di~;{~~r" i~iale herein aranted depends: and tha said mort~or 6ereby oonstitnte~ +und apPoints ti~~ ~1~7 ~t or attorney of the ~ mort;aaee, tLe a~?t and attorne ia fact of eaid mo aaor to ilb'~ and to execate eaid ~ conveyance and 6enb~ ooveaanb aad a~'eea tbat the recitaL w~~s~ia11~ e 1 to bu all eqnity or rigbt of redeinption, homestead, doMer. and all other exemptiona oi the mort~cagor, all of which ure hereb~ ~ ezprcasly waived and oonveyed to the Tnortgagee: or ; i - ~ (UI) take any other appropriate action pursuant to state or l~ederal statute either ia st~tte ur Eederal court or otherwise for the dispwition of the pmperty. In the eveat of a sala as bereinbefore provided, the mortgaaor or any persons in pwseesion nader the mort gagor shall then become and be tenants holding over aad shall forthwith deliver poasessioa to the purchaser a~ : such sak or be aummuily dispoeeessed+ in accordaace with the provisions ot lawr applicable to tenante holding over. The pow?er and agency hereby 6ranted are coupled with an intereat and are irnvocable by death or otherwiee, and s are granted as cumnlative to the remediea for collection oi said iadebtednees prnvided b~ law. ~ . - ~ 4. The prooeeds of any sale of aaid prnpertJ? in aooordance wit6 the preadin~ Wn6nPhs s6a11 be applied_ Srst x to pa~ the oosb and ezpen~es of said sak. the racPeasa incurre~ by the mortaasce for the pnrpwe of prntccrin6 or main- ~ cainin6 eaid property. and reasonable attoraeys' feea; ~ndlS, !o pa) the indebtedneassecured hereb~•; and tl~irdly, ~ to pay an~ aurplw or ezoas to the perwn or pereona legally eati~led thereta # ~ 5. In the eveat said property is wld at a jndicial foreclosure salc or pursuant to the poMrer of sale hereinabore ~ graated, md the proceeds are nat sn~ciwt to pay t6e total indebtedness aecured by this instrument aad evidenced by aaid promiMOry note, the mott~aaee wilTbe entided to a deficieacr jud~nent for the amonnt of the deJGcienry without res~rl to sppraiaement• _ ~ 6: In the event the mortgagor faila to pay an) Federal, state, or local tax aaseesment, iacome ta~c or other t~~ ~ lien, charge, fee, or other expeuee char8a~ againat th~ PmPzrtY the mott~agee ie hereb~ authorised at his option tu ; pay the same. Anq sums eo paid by the mortgagee shall be added to and become a part of the principal smount o( thc indebtedaeae evidenced by aaid note, snbject to the eame terms and conditions. If the mortgaaor a6a11 pa~ and .s discharae t6e indebtednas evidenoed b~ said pmmiewry note, and ahall pay snch suma and shall diseLar~e aU ~ tazea aad lieas and the costs. teee. aad espen~d of makina, enforcing, aad eaecutina Rhis mortgaae, ihea this mo~e .han ~ ~a ~a .~a~a. 7. The corenanb herein wntained sh~11 bind and the bestefib and advanUaes aLall iaure lu lhe rr.prctiye ,?uc- ceesors ~nd assiaw of t6e partia hereto. p6eaever uied, the ~ingulu a.~mber shall iaclude the plnral. the p?nral the ain~ular, and t6e ~e of m~ aeader shall inclnde all aeaden. ~ 8. No ~vuvu of any covwant herein or oL the obligation secuced henby shnll ~t any time therrafter Le hel~l ~ to be a waiver of the terms her?of or of the note secared hereby. " ~ . ~ 9. A jndicial decrce, order, or judgmeat 6olding any provisioa or portiou ot ibis iu+lrument invnliJ ur ~:uea- foroeable aha11 not ia +m7 way impair or preclade the enforceme~t of the remaining ~~rovieions or ~wrtions o[ thia insWmeat. 10. Anr ~rriuea notica t~e be irsued to t}~ a~ortaa6or pnrwaat to the provisioos oi tlw in~trnmeat ~hall be ad- d~e.~edtotb.mort6a~orat 6302 So. U. S. One, Ft. Pierce, Florida and m~ r?rittea aotioe to be i~wed to the mortsa6ee ~6all be addreMCd w tbe mortaaaee at 111 Orange Ave. Fort Pierce, Florida , i ~~~31 ~z64s ~ ~ P = 4~ ~ ' . _ -g . _ " _ - ~~D ~i~ .W:+ Y ~~4': ~ . _ : _