HomeMy WebLinkAbout0516 11 IS NVTI~ALLY AGREFD 'iNATc ll) If the saW Mwtp~
or shall fail ot no~lecl to pay Lttulln~ents on nid ry:{~Iob o+oMaw otder advance ot
,~ntip~wr. which maY be ~ecurrd heroby as the sam~ may hercdte~ become due. or upoa deGult ia pertom~?a °~~n~pecment dpe~t, or upwi ~aio a
~~the~ dwpo~ition of tlae p~emi~es b~r Mo[tpsor, or shouid any action oc piooeedinj ba fibd in aer court to en[ota an~r~a on. cWm a~a~nst or in~erest in the
prcn~ises. tAee aU ams~~ b~? t1M Moctppr q the Mot unda thlt Mortp~e a~ w~8sr We PromissorY Note ~ecured I~etebr ~haU immedbtoly beeome~
dut and pa~ra~le at tM opt~on ot the Mo~t~ee on tAe ~tioa ot tM Motya~. o~ ss~ee. or auY Penon ~rho mar be satltled to tl~e woaiei due
~hereoa [n wch eree~ the Nortp~e~ ~haU hare tl~e ri~Mt i~aa~edialey to t'aecloM thh Mottyye ~ceordioj to la~r [oc tla colMction oi the Mlab amount o~
the a~debtrdness ~pd inteeest theteoa plm teasontbb attorney's feet oostt ~Ilo~red b~r la~r ~nd ~ny ~ntountt dranoed punu~nt to tl~ Mlonia~e.
•t2) Yat~o~ a~roos w wneoder o[ the he~einabore doscn'bed prembes to the Purchass~ ~1 U~e afaesaid s~1e. immediately dte~ wch sale. in tUe
event wch pos~ostion h~ not prer~a waeadered by llortp~o~. and fo~ tailuro lo surtende~ pos~anioe, witl piY to Pnrch}ser the tessonabk rental
value of lho p[ea~lsos duria~ ot dtet Wa tedemptiqa peciod.
l3) le tl~o eveat said premises are ~oW by Mort~ce. Motqajo~ sbsU be IiaWe fw any deticiea~.y remaininj dter saie of the prcmis~, and sppUcst'aa of the
pnweeds of aid s~le to tbe L~debtedn~ ~ocured and to the e~ensos of conductinj ssid sale. includir~ atto~ney i fas and k~al ezpenses if albwod by law.
l4) WheAerar, ey ttia teraa ot Ws imtiumeat. Mo~ i~ ~iven aay option. wch opllon maY be exercbed Mhen tAe ci~ht aocru~ or at any tkne tbensttet.
on
and no acaeptsace by Nortzyee or piYmeat ot btedaeu ia default s1W1 ca~stitula s waiver of aay deisult thea existin~ and oontiauins or thereatoe~
acccuia~.
!5) 1[ Mottsa~ot sMlt psy said Pm~ais+ory Note ae the Wae and fn tha maonet dotesaid and shali ~bide by. oomply rvith. aad dub per[orm all the oorenaaa
and a~reemeats lare~a. theo this oomreYance ~haU be nup and roid ;nd Mortpsoe will. withia tha statutory period a[kr writtea demand the~ofoc br
Mortp~or. exe~vte s rdea~e or ~dst~ctlon oI this Yocqqe.
t6) Notwithttandius any m tl~is Mort=a~e or tbe Pcomis~orl~ Note ~ea~nd hereby to the contnry. neither thk Yoctia~p nor said Ptomkwry Note shall be
u t~
deemed to impwe ou tbe Mi apy op~pt;on ot p~yukat. excxpt to the exteat that tl~e same m+d be leplb~ en[orceabb. aad anY ProviLOn to ti~e
contnry s~U be ot oo taoe a~e~f e~e~
(1) ABliort,~ws sbdl be joiatRy ad sereraUr Wbk [oc [ulfiWneat of tbeir oorenaats aad ~peema~b Aesdo oontained and ia s~id PromnwiY Nooe. '
(R) tf aar Debtor ~S s manied woman. sbe ~epresea~ and ~ra~rants tbat tlus ~st~umeat !us beea exauted on ber behdf. and that sha lus aot ezewted the
ssme as wt~ety [or anotAa. •
(9) Esch ot us. ~rhethar P~iocip~l Sunqr, Guaraator, F.nda~er, or otl~er p~rq~ heeew. hereb~? vaives aad renounoes. each for Uim~eU sod fam~r. any aad aQ.
homcstaad or exea~tioa rijhb e~ther ot us hm w~der ~c br virtue o[ the Ca~stlwtbu or Uws ot aoy State. a of tLe Uailed States. or aay r~ht.in tbe
nzture o[ dower a curtesr, ar anr statutory w6stitute thete[or is y~iast this debt ot wy ~enewal tberooL .
(10) la ths ereot the Mort~ot(a) trande~ls) tLe owne~ship ot the nid pemita. ot aay patt thereof, the entirA. uapaid balanoe of tt~e debt sxucat hercbr
shall immed'atelp becoare due aad psYabk.
iN VW7NESS WNEREOF the said aartp~or Aas w these p~eseats set hand aad seal this date ~~~~`r?
Signed, ScQkd md Drkr+tnd in tke prcsrnat aj ~ ' '
, ~ r ~
~~~~9..~"Y1c~~ ~l d~~~- ~ u~ ~ ~S~?~,
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rv~n~s ~011~'~'01
~
. ACKNOWLEDGEMENT
STATE OF FLORIDA, COUNTY OF -~(1 1~ ss: .
I Herebr Certdy that on this day bef re an officer duly outhorized i the State aforesaid and in the County aforesaid to take
~ acknowkdgments, personally appeared
' and ~ to me known to be the person(s)
described in and who executed the foregoing Mortgage, and adcnowkdged before me that " Q - executed
t he same.
Witaess my hand and official seal in the Caunry and State last aforesaid thls : L~ ~sy
~ ' ' / " l ` `;'~~!~s` ..e~~,;:~
uf A.D.19 . , .
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~iAR~f~ PliBitC STATE OF RQ~IDA ~t U ~ ~ : e - ~~-z; .
_ CAIIMISSi6N £XPIRES A?A!l 30, 19I 1 r'
Mv C
O M M I S
S I O N EXPIRESr~~E~ BY AYERfWI 8n.9KERS INSUiW1EE ~ ~d_~c'~~-';~ k t:
- n?o~.ry Ptr6lrc. sr.re of F7o.ido et J~.~;
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