HomeMy WebLinkAbout0017 i I I~ ~IU I t'ALLY AGRF:F U Tt1A1': I t? If thc ~aiJ Morigaaor sh~ll fail ot ntglect to pay installments on saiJ P~u~ry Nutr or on aoy uther advan~r ur .
„!~~~~~tiar. which may be seeutr~l Mrcrby as thr samr may hr~rxfter become dua, or upo~ de[ault in prr(ormaace 0~ y~agn`emrnt ~etiypdet, ut upon sak ot ;
~~~i,~r d~spus~tiun of thr premixs by Mottgagur, w should any action ur pnx,tixdint be tiled in any cou» to e~forcb ~y l~n oo, rlaim ~afi~st ~r intarest in the
prcmixs, ~hc~ all wrtu owin~ by the Mottgagor to the Mortaa~ee uniie~ this Alortpse or undor the Piromissory Note secured hereby shaU immedutely be~ume ~
dur snd payabk at the optwn o( the Mo~tgajee. at the application of the Mort~s~ee. ot a~sidnoc, or any perwn who may be entitkd to tho monies due ;
itK rrun. In such event the Mortp~re sh~l hare the riaht immnliately to forcclo~e- this Mortssse accordina to law fot tt~e coUection of the whok amount ot ;
int indebtedness and interest thercon plus reasonable attorncy': fses oosts albwod by laa and any smounts advanced purwant to thls ldort~e.
~fortRagur a~rees to .;ur~ender possession of the hsceinaDove described premises ta the Purchastr at the aforcsaid sak, immrdiately aRer such sak, in Ihe ~
~v~nt such possessiuo has nol pceviously been suirendeted by Mo~tgagu~. and for tailure to wrtrnJer pos~uion. will pay to Purch}srr the teasonable renta) :
~,,~ur ot tne ptemuCS dunng ot uter the ntiempuon peno~.
(3) In the event saN1 pmmises are sold by Mottgagre. Mortgagu~ shaU be Uabk for any deficiency nmaining aftrr cak of thr premises, and application uf the ~
~~r.~.eeds of said sak to the indrbtedneu secund and to the erpenses uf n?nJuctir?E said sak, incluJina attorney's frrs and kgal expe~srs if aUow•eJ by law.
t4? Whenever. by the temu of this instrument. Mortgagee is =i~~en any option, wch option may ba exerc?sed wtKn the riaht accrues or at any time theaatter. ~
:u~d nu acceptance by Mort~e or payment of indebtedneu in default shall constitute a wane~ of any detault then exutina and continuu~ or the~eafter
a:. ruina. ~
I51 IC !?lortgaaoc shall pay said Promissory Note at the time and in the manner afoiesaid and shall abide by, oomply with, and duly perform all the covenants
..:d ~cer~nb l~rein. ttxa this conYeys~x shs!! be ns!! snd roed and Mott,~,tes we!!. wilhin the stalutory E+eriad~~fter written demand therefor 6y
~lortgagor, exe~vte a rekase o~ satisfaction of this Mortp~e. ~
~6) Notwithstanding anythir?a in this Mort~e or tha Pcomiswry Note secwcd hereby to tha conlruy, neither this Mortgaae nor said Promissory Note shall be '
dremed to imposc on the Mort6a,gor any obligation o[ payment, except to the extent that the same may be kgalry cnfo~ceable. and any provision to the
~untrary shsll be of no force or offecL
AU Mortpaors shall be jointly and ~everally Gabk tor fulfiiLnent o[ their oovenants and a6reements herein coatained and in said Promissory Note.
~x1 If any Debtor a a. muried woman, she represents and wurants that this instrument hu been executod on her behalf~ and that she hu not executed the ~
c:,me ~c wce,y for aaother. ~
t9} E:ach o[ us. whether Principal Surety, Guuantor. Endorser, ot other puty txreto. hereby ~raives and renouaoes, eacb for himseU snd tamtly. any and aq
humestead or exemption riahts e~tAer of us hare under or by virtue of the Constitution or Laws of any State, ot o[ the United States, or aay ri6ht c~ the i
nature of dower or curtesy. oc any statutory wbstitute therefor u sSainst t6is debt or any reneaal tl~ereoL ~
i I~~) In the erent the Mort~ot(s) transfer(s) the ownership ot the said premisa, or any put theroof. the entire unpaid balancs of lhe debt securcd hareby
shall immediately become due and payabk.
IN WlTNESS WHEREOF the said mortEagor has to these prcsents set hand and seal this date ~U ~
Srgned, Sealed and DeGvered in the presenc~e oj ~
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' (SEAL) t
WFtness ~+r~~ •
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Witness ~
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~ ACKNOWLEDGEMENT
STAT'E OF FLORIDA, COUNTY OF_ n-~ ~~i l~_n r,l ss.
I Haeby Certify that ~~n this day befure me, an officer duly au oriud in the State atoresaid and in the Co~nty aforesaid to take
acknuwledgments, personally appeared ~~t Gt ~L~ '
~ ~r;d ___~C)~'L~ ~7l to me known to be the person(s) i
f ~
~ d~xribed in and who executed the foregoing Mortgage, and acknowledged before me that ~l.:~c~ executed
! t he sar.te.
~ Wit~xss my hand and official seal in the County and State last aforesaid this ~ ~.{}sy_ .
,~t A.D.1q ~ -y
AOTARY PUBLIC S1ATE OF RIQA ~t UR~GIc :`C O•'•'~d %
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Mr Cp1NI~iS51~N ExPIRES APRIL i0. 1978 ~ i ~ _ ~ ~ ~
BOttOED 81f ANlERIGN BANKERS INSilRAi1CE G0. _ Q~-~'
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