HomeMy WebLinkAbout1634 ~ I i~ ~Il~1l'AI.LY AGR{ 1 U 7111T: (I) It th~: said lfurtg:~ur shall fai! o? negkc!~{d inltallril h ~~rs~icl Pwmuwry Not~ ot un any othcr acfv;ui~Y ot
,~t 1~s~t~ur. Mhich may be ~rrurccl hrteby ss thc uox may hercaftri brcume due, or ~ipo~efault iA~etfotinance ol ;u~y agr~rmrnt hr~runJtt, or upun sak ot
~~~h~r d~s~sitK~n uf the prrmia~s by Muttgagor, ~x slwuld any actio~ or pruc~ding be P?Ied i~ any court to enfor.Y :iny 4zn un, rl•run :~ainsl or intctrst in Ihe
prr~niks, thrn all wms owin~ by the Mort~gor to the Moitaa~ce unJer this Mort6aje or ur~e~ tl~e Promissory Note sccund hereby sAall immediatrly become
~lur :?nd ~?ayabk at tAe opteon of the 1toA6a~ee. on the appti~tion af the Mort~s~ce. ot usisnee, ot any penon who may be entitled to the munies due
ihrreun, In wch evr~t the Mortpga shaU r.ave tM riaht immediately to foreclose lhis MortEa`e seco~dmg to law for the colkction oJ the whok amounl of
ch~• indebteJness and interest thetron plus tezwnsbk attotney's kes ~mts allowed by law and any amouots advanad purwant to this Mortaaae.
i`i Nortga~or agn~s to wrrender posseuion uf the heteinabore dexnbed premises to t!K Purchaser at the aforrsaid sak. immrdiataly after w~:: sak, in the
~~~nt such possrssiun has not previuusly been wrr~odcred by MortRagor, and for tailure to suraode~ pu~session, w•i11 pay to Purch~xr tht trasonabk renta)
~.ilur uf the premises during or after the red~mption peciod.
i 3~ In thr event saK1 pcemistis are wld by ~tortgagee, ~toctg:igur shaU be Gabk [ot any ~leficirncy rrmaining afl.r sxk of' thr premises, and appliratiun of the
pr~,;~Yds of said sak to the indebtednass secuerd and to the expeoses of conductirrg said sYlr, incluJing aUurnry's frrs srxi kgal expenses if alloKCd by law, i
I~ 1 N'henever, by the terms of this in~wment, Mortgsgee is Eiven any option, wch optiun may be exercised wfkn the ri=ht xerues or at any time thnieafter, i
and no acc~eptan~~ by Mortaague or payment of inQebledness in default sh~ll c~onstitute a wair~r of any default then existina and continuin6 or therca[ter
~:cruin6.
i S) I f Mortsagor shaU pay said p~omissory Note at the time and in the manner afoiesaid and shaU abide by, comply with, and duty pe~form aU tha covenants
~r.d aLtreements herein, then this oonreyance shall be null and void and Mortpgee w~iU. within the stawtoty period aRer writtea demand thenfor by
~furtgagor. execute a rekase or satisfsction of this Mottp~.
~6? `otwithstandit?a anytitins in this 1?lortgage or the Promissory Note secuKd lxteby to the contrary, neither tRis MortEaae nor uid Pcomissory Note shall be F
drrrrxd to impose on lhe Mortgagor any obtigatiun of payment, except to the extent that thc same may be ksaUy enforceabk. and any provision to the ±
.ontruy s,Aap be of no foroe ot effoc~ ~
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i?? Al! Mortaagon shall be jointly and seveaUy Gabk ~or fulCiUment of their covenants and agreements herein contained and in uid Prom~ssory Note. i
~!i1 If any Debtor is a muried woman, she rep~sents and warrants ehat this instrument hu been executed on her behalt, and that she hu not executed the
~mr as wrety for another. }
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~9) Eacfi of us. whether piincipal, Sunty, Guarantor, Endorser, or athet puty hereto. hereby waires and nnouaas, each for himself and family. any and a11 4
ttumestead or exemption riahts either ot us hsve under or by virtue of the Constitution or Laws of any State, or o[ ihe United States. or a~ny riaht in the ~
natare o[ dower or curtesy. o~ any stawtory mbstitute therefor u against this debt a any renewal thereoL i
~ 1~1) In the event the Mortga6ot(s) trar~sfe~(s) the ownership ot the siid premises, or any parl theteo[~ ti~e eptire unpaid balancs of the debt securod henby
~hall immedutely be~~omc due and payabk.
IN W17NESS WHEREOF the said mortax~or hss to these presents set hand and seal this date_ ~2~75
Signed, Sealed and Delivered ' t pre nce oj
Witnesr ~t~~ (SEAL)
i3~ltis~2t .t
~ ~ _ ~ ~ .C1L1L~~
~ ~ (SEAL)
~
i
ACKNOWLEDGEMENT ~
~~r.aTE OF FLORIDA, COUNTY OF 5~~~ L~~ u. ~
}
1 Hereby Certify that on this day befure me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ~
e~~:nowledgments, personally appeared Kenneth 0. Kommer
.~"d CJlAOL A. K0~
to me known to be the person(sj
:i~ scribed in and who executed the foregoing Mortgage, and acknowledged before me that Sx~j~'~
~ lie sasne. ~
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Witness my hand and ofticial s~:at in the County and State last aCoresaid this Zg Q~'~~-~•~~ ~'~'~j~.~
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