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Home My WebLink About0183 . • • ~ ^ • 'j~ ~ . . _ . . . . { '!i ~ ~ - - . . - - _ _ _ _ - - - _ ~ : ~ , , • ~ ~.`--3: ~'~m.ott~agor oovenapls tad aaree~ that it he sh~lt faii to p~~ wid indebtedaess or Any'~rt t6ereoE when ~ . llut~, or a6all.fail to pereorm sn?~ven~~t-os-uc~emeat ot i1~i~ instrua~ent ur the prnmiawry note ~eeured 6enbv. the ~ Qntire indebtednaa hereby secured ~h~ll ia~tnedi~tely -e -ilua-pa~aLla _+uid collectible without ~otlce, at the ~ Aptiou oE th~ ~ttgagea or a~signs. regardles~ of matnrity. aad tbe mortgaaee or his aseigaa niay before o~ ~[ter entr~___ _ ~ell. ~aid propesir ~rithout appraieemmt 1 t1~e mort6agor havina waived ~n~l ~ssi~tned to tlie mortRagee all rights ot . ipprnisaa~ent)"i~ . ~ I - ~ - f t) et judici~l sale ~punauant to the pmvi~iwu of 28 U.S.C. 2U01 1~); ur ~t the option ot~tbe moet~~~e, either b~ auction or b~ wliciutioa oE aealed bid+~ for the hi~l?est aad best bid complyina ~ith the term~ of sale and manuer of payment ~peci&cd in the publisbe~ notioe ot ~ale, finf giving four wceks' aotiae of the time. terms. and place o[ such ssle, b~ adverti~en~ent not le~s tl~an unce durlna each of said fanr ~tek~ in a newspapes pnblished or distributed in the connt~ in which ~id property is ~itnated, all other aotioe beins 6ereby wdved b~ the mortaaaor (md said mort~aaee, .or aay person on behalt of eaid mart~aaee, may bid wit6 t~e nnpaid indebtcdRe~s evideaoed by wid note).. Said s~Je shall be held ~t or on the property to be wld or at the Fedenl, oouatr, or city oourthou~e for the oounty in which the property is locat~. The mortaaaee ia heraby anthorised to e~cecute for and oa beLalf of the ~orisaaor a.nd to deliver to tbe pnrchaaer at wch sale a~u~cieat coaveyanoe of said propert~, ~rhich aoave~~tnae ~6a11 ooatain recitaL a~ to the happeaina of the defanlt npon ~vhich'the wcccatioa ot the pov+er of sak henia 6raated depends; and the said mortaagor hercbp ooastitnte~ and appointa the mortgasee or any aaent or attorney of tlie mortgaaee, the a~at and attorney ia fact of aaid mortgagor to make snch. recitaL and to ea~ecute said ~ coaveyanoe and he~+eb~ covenants and aareea ~that the recitaL w made shaU be eHectual to bu all eqnity or right of redemptiod~~~dower. and all~ other exemptiona ot the mortga~or, all of which ate hereb~~ expreasly waived and conveyettt the mortgagee;~ or ' . . , . . . ( ut ? tak~~yC;thet; u~~re~?Eia~~ action pureuanl to u~t+ate~ or ~ ec~ec~~ ~~at~ite eit{ter 1n ,Et{~e ur h ederal _ court ot oth~rwiese for the diepos~ti of the pmperty. - - _ _ . . . Ia the event of a~ld.~as heniabelora prnvided, the mort~agor or m~ peraons in pwsaaion ~~mci~er the mort- gagor ahall tLen ~econ~ and be ts~?a~i~s ~ioldina over and ahall forthwit6 deliirer posseseiua to the pnrchaaer at euch eaie or be snmmarily diapoeaeaeed, in accordance with the pmvisions of law applicable to tenante holdinE over. The 8nvrtr and agenc}r hereby granted are coupl~d-with an interestand ace urevocable by death or otherwiees and are grantal aa cumulative to the'remediea ~or colleciion ot sai~ indebtedneae~rovided bf lAw.: . ~ - - : ~ - - - - t - : - - 4. T~u prqoeaL oCanJ sRk of_saidpropcrty ia.aecord~nce ~vith the precedina FaragraPhs shall be applied first to paj? t`~Iie oosts aad eipenses of sail eala. tlie eXpenses:ilncu~red by,t~}e mortga~ee for the purpwe Rf p~otectin~ or main- tuning eaid properfy, and rtaaonat~te attorneys' fcea? aecondly, to p+ty tfie, iiidebtedneas eecuce~Kere}i~ i and thirdly, I; to pay aiiy surplds or ei~~dfa to ~he` pereeff as persons r gal ly ~e.~ntitled thereto • V' - - ! _ ~ - .~c•- . - . - - - ° _ ' ; ~ . _ ~ : _ _ _ . . ' ` S: In ti~e event_said prnp4rty ie eold at a jpdicial ~"oreeloaure ~k or pnnu~ant _to. Lhe poM?er aI. ~ale heninabore ~ granted;~~nd t6e-proceeds are ao~en~ciwt~to pay the total indebtednesi aecured b~"tbis inetrameat and evidenced by ~ said promiesory note, the mo ~rtgagee wiU be entitled to a deficiency jud~onent [or the amount o[ the deJ~ciency ~oithout ~ re~-~ sP~. ~ ~ ~ ; • ~ ~ - - - ~ I - ' 6. In the event the mortgagor faile to pay any Federal, state, orilocal taY aaseaemeny income tax or uther ta~ t. lien, chuge, fee, or other ezpenae charged against the property the mortgagee ie hereby authorized at hie option #~u F ~ pay the aame. Any euma so paid by the mortgagee ehall be added to and become a part of the principal amount oi the ~ indebtedneae evidenced by eaid note, enbject to the same terms and conditions. If the mortgagor ahall pay and diacharae the indebtedness evidenced by eaid promiasory note, and shall pay such eams and .ahpA diacharge all ~ tazes and liens and the costs, feee, and ezpeneea of making, enforcing, aad ezecutina thia mortgage, thea this mottgage ~hall be eaneeled and surrendered. ,.,,1>,. . The oovenanta herein cbntained shall bind and the benefits and udvautages sl~nll innre tu the rreprctive ~ur- ceeeore and auigas of the parties hereto. Whtnever used, the singnlar number shall include the plural. the plural the ~ singular, and tbe nse oi any gender ahall include all aeadere. - ~ _ ~ ~ 8. No wuver oE any covenant hereiu? or of the obligation eecurrd hereby ehall at an~ ~imc therrafter be hrl~l ~ to be a waiver of the terms hereof or of the note eecured hereby. ~ 9. A judicial decree, order, or judgment holding any proriaiou ur puttiou of thiu im?lrwuent iuvaliJ ur uueii- forceable shall not in any way impair or preclude the enforcement of the remaining ~~rovisions or ~wrtions of thie ~i instrumen~ ~ 10. An ~rritt~ notice to be issned to t6e mort~a~ur purwant w the pmvisioas ot- this instroment aball be ad- r dressedtot}u~mortgaqorat 1906 Oleander Avenue, Fort Pierce, Florlda and any writtea notioe to be isened to the mortgaaee aha11 _ be addreased to t6e mortgAgee at, p, O. BQx 2148 , Fort Pieree, Florida ~ - BooKz~ ~ 1$~ - ~ ~ ~ ~ - ~ ~ ~ ~ ~ _ _ _