HomeMy WebLinkAbout0855 `ms oo said Promissory Note or on any other advan.x or
I I IS MUTUALLY AGK~F:D 711AT: (1) !f tha uid Mo~tp~ur sluli la11 a P~1'' ement herou~der, or upon sak or '
~~I~liRatior. which may be secured her~by n the same may lureaftu becom~ defau omunce o[ ~ny sprc st or inu~est in the
,~ihrr Jispositio~ o[ the premisas by Mott~or, or should any s~:tion or prooeedint be ~kd in any coutt to enfor~ any lion un. claim ~aii?
premises. thea ait sums owin~ bY the Mortp~or 1o tbe Mot undar thit Mottpse or under the Prom~~orY Note ~ecured Aereby shsU immodiateb become
° or any pecson who m~Y be endtlod to the monies due
~3uc ynd payabk at tbe opuon of the Mor~tpaee, on tbe app tion o[ tM l~ia~a~e ,~x assipae.
~tx~reon. [n such event the Mortpsee shail hare tbe rl~ht immcdia~ly to foteclo~ tt?~t Mortp~s ~oo~di~ to law for the colkctioa of the wiab sd~ount of
etk indebted~ass and iaterest thewoa plus ~eawnsble attomar's fees oosts albwed by law and any aaouats sdvotoed purwsnt to thit Mortp~e.
i3) Mor~6
or ~rees to s~ureader ~os~ession o[ the heteinsbove desctibed promifes to Ihe Purchase~ at tAe atoresaid sak. immediately afte~ wch sak, in tAe ~
CYCRI Sliql pOSSCSSIOA (l~t t10t QIEYIOUfIy IfOtA fiin'011dC~!'ld bY MOflji~0[+ aQd for [ulure to surrender pvsseuion. wiq psy to Purch#ser the rcasonabk renal i
.•~lue o[ tha ptemises durina oc aRet tbe redemptio~ pe~iod. i
l3? In the erent said premises are soW by 1?lortsa~ee, Mataator shall be liabie fo[ any defici~encY remainina atter sak Of the prcmises. and aPPlication. of the ;
pr«,~eds of swW sak ~o the irdebted~ sacueod +u?d to the erPenses of.conducun~ said s.k. includint attorney's fees and k`al expenses if aUovvcd by lavr.
(a) YVi~encrer, bY tho term: ot this iastcumu+~ ~tvit~o~ ~s P~ ~y oPtion. such option m~Y bo exercised ~rhea t6e ri~fit accru~ o[ at any tima theiedter. ,
and no scarptance by Nortp~oe ac payme~t of iadebtedness in dofault sh~ll eonstitule a waiver of any defwlt then ex~stic~ snd coniinuin~ or tAcrea~ter ~
dCCNllI~. ~ . ~
1S) lf Mort~or sMU paY said PmuAiuorY Note at ths Wne aad ia the manaet atotcssid and shaU abide by. compty wiW, and duly perfora~ sil the corenaaRs
and a6ree~ae~ts lrereia. Wen iius ooavoyance stiaN be null wd roid aad Yort~,a~e,e wtill, within the statutory period after written demana U~eretor by
!?Moaga~or, exocute a relaie ac utistsctioa ot tl~is Moctpse. ~ ~
in this !/o or tbe PromissorY Note ~ecucad Ireieby to the cantrarY. neitber this Nort~a~e aor said Promi:sorl? Note shaD be ~
t6) Notwitt~ttandint a~~ eaTorceable. and anY Pmviu°a to tbe ;
dnmed to impOie oA tbe ~a~p
r aaY obUption a[ WYment, except to the extent that the same maY ~~br
ronttary sh~U be uf n0 fo~os ot e[feet .
c~) ~?fl Yoc~p~cs ~ bq,jp~uDSht ~~~h' babte ta~ fulfiUmont of ~beie oorw~sna and ~a huein oontained aad in saa Pramt~oqr Noce.
l8) If any Debtor is a married woman, spe ieDresents and wurants lhat this ituUumeat hu been executed on hec behatf. and t6at she du aot executod the i
sarrx as wtety for aaoii~er. . - :
i9) Each of ut, whetbar Principai, SuretY. Gwraator, Eadoiser. or othw p~rtY hento, ba~bY ~raives and ta~ouhoes. each for himseU aad fsm~. ~uY
homestead or exwaptioa ri~hts eiN~er of us hare under or by vi~tue of the Constitution or Larvs of aay State, a of We Uaited State~, or anr ri~ht in tLe
nature of dower ar auteri, n~ WY stamtos~' whstitute tbenfor as~unst tl~s debt ot any ieaewal tbe~eof. . ;
. ~
( IUZ In the iwent the Mottpaor(s) transfer(s) the owaership ot the said premisa, or anY Put Wenof. the eAtire °°paid b~°° of the debt sxwed hereby
shall immediattly become due aad payabb.
IN 1iN1NESS NMEREOP thesaid mortgs~or has to these prtsents set haad and seal this date ~d~~?~
~ ~
Signed, Se~ed and Deli~?ered +n tht prcsencn o -
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(SEAL) i
ess ~
.
d"~,~ (SEAL) .
NSt~eu -
' A KNOWLEDGEMENT
. _ ~
i
STATE OF FLORIDA, COUNTY OF ~ ~
j ~ Hereby Certify that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ~
acknowledgments, personally appeared Mial~ael P. B04~h
~
and Suzie DOl~i.s Booth _ to me known to be the person(s)
~exribed in and who executed the foregoing Mortgage, and acknowledged before me that ~ ' th~i? executed
the same. '
Witness m hand and ofticial seal in the Count and State last aforesaid this ~ ~~~""";~J~y
y Y ~ ~ ;
. . ~e~'i 3~~~ .
~,i October A.D. i9 74 4+ '"4 'lD.•,',,
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