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HomeMy WebLinkAbout0811 ~ f IT IS MU'RIALLY AGRl:ED THAT: ll1 If the said Nottpjot shall fail w neskct to pay installments on said 1'romissory Note or on any othet advanoe or ubtisatiw~ wAich may De xcuted heteby as the sam~ may hercafter become due, or upon default in performanoe of any apeement bspyrder, or upon sak w uther di:positae of the p~emi~es by Mortpaor. or should ~ny action w proceedin~ be fikd in ~ny coun to apfocoe any lien on, cta6a ~iinst or interest in the premises. thea aU sumso~rin~ by tAe Mort~ajor to the Mortja~ee under this Nortp~e or under the Pmmissory Note ~ecund he~eDy sAall immedistely becoms d,ue and p~yabie at tbe opt~ o[ tla Mortpjee, oa tAe y~pGation ot the Mort~s~ee, or auip~ee, or any penon who may be entitled to the monies due ltxreon. In wch ewAt tAa Nort~ee :hall hare the ti~ht ima~iediately to [oreclo~e this Mott~a~e acoordu~ to law [o~ the colkction of the whok amount of che indsptedaess ~nd intetest theieoa pius ~easonaDie attotaey's [tes oosts albwed by law and any amounts advanoed purwaat to H?ls Mortp~e. ~ t 2) Mottp~ot ~{rees to w~renda posnssion of the heainsbore descdbed pcemises to the Purchaser -at the aforesaid sak, immediately after wch sak, in the E e~•ent wd~ posussion has not pre~awly been wrnadercd by Alortp6or. and for tailute to surrender po~euion, wiU pay to Purchaser the reasonabk rental ~ value o[ the pnmisea dutin~ or Jte~ the tedemptioa paiod. ~ l3) In the event uid premi~es are soW by Mort~ae, Mort`~or, it a si6ner of the Promiuory Note, shall be liabk [or any deCkiency remainin6 Jter sak of the ~ premise~. and applicatan oi tl?e p~ooeeds of ia~d ~ak to the mdeAtednesi ~ecured and to the expen~es of oonductln6 sajd sak, includina attorney'~ fas and kpl j expen~es If allowed by law. ~ ' f ~41 Wheaeve~, by the terms of this instrument, MortEaja is 6iven any option, wch option may be exercised when the risht accrues o~ at any time tt~ereatter, i and ho acceptance by MortpEee or payment of indebtedness in default shall rnnstitute a wairer of any default then existinE and continuin6 or thereafter ; acrruina. _ t~) If Mort=ajor shall pay said Promissory Note at the time and in the manner doreuid and shall abide by, comply with, and duly perform aQ the rnvenants } and ~taments herein, then this oonveyance shall be null md void and Mortaaaee wiU, within the statutory period after written demand therefor by tlurt~or. execute a~ekase or satisfaction of this Mortp~e. - i 61 Notwithsundins anythin6 in this Mortaaae or the Promiswry Note xcured hereby to the contrary, neither this Mortgase nor said Promissory Note shall be ~ dermed to impuse on the Mo~a~or any oblisation o[ payment, exapt to lhe extrnt that the ume may be le6ally enforceabk, and any provision to the t ~oneruy skall be of no fora or eUec~ ? i7? All lNort~qors shaU Ee jantly and severaUy liabk for tultiUment of their rnvenants and asreements herein contained and in said Ptomissory Note.. ~ t K) If any pebtor is a muried penon, he cepresents and wurants that this insttument has been exceuted on hit behalf, and that he hu not executed the same as ~ . i wrrty fa tnothe[. ~ Each of u~ whether Principat. S~uety. Guuantor, Endoraer. or other puty hereto. haeby waire: and rrnounas, esch for himsett and famity, any and all homrstead ot exemptan riahts in the property conreyed hereunder, either of us have under or by virtue oi the Constitution ot Laws of any State, or of the United = States, w any cight in the natuce of dower or curtety. o[ any statutory substitute thetefor ss against this dcbt or any renewd there~f. ~ r 10) In the event the Mortgaaor(:) transfer(s) the ownership of the said premises, or any put thenof, the entire unpaid balana of the debt secured hereby shall . ~mmediately become due and payabk. I ~ WITNESS WHEREOF the said mortgagor has to tM~e presenta set hand and sea! thit date _~1~ This Mortgase wu ptepued by (Nune Addnu ot Natural Person puing or e Signed. Sealed ond Delivered in he presence vj j _ . , - ~v ~ ~ (SEAL) WiMtss Mort ~ ~ (SEAL) Wi ess ~ ~d~ f ~ ACKNOWLEDGEMENT sT.aTE OF FLORIDA, COUNTY OF ST. LIICIB ss. . , . . - ~ 1 He~eby CMify that un this day before me, an officer duty authorized in the State afore~id and in the County aforesaid to take ~ a~knowledgrnents, personally appeared ~o~ Wo~ep Coa Sr. • _ ~ - ; ~ ~ - ~ a n d HenriettB B. Cox ~ ta - me known to ' lie the person(s) ~ _ ~ : described in and who executed the foregoing Mortgage, and acknowledged before me that executed ~ the same_ ~~p AyD ~iECUqUED ` Witnas my hand and official seal in the County an ~~fe~.~la~A~~~~~d this ~~a+ day „f ' Atlgll8t A.D_ 19 _~~~o . _ . ,'.kT ~~~~~l~r : ~ Not~r PY6~c, State oi Flflri~ ~t L~rQe ~ / / ~ / _ ~ ~ My Co~emi:sian Expi~es Rg~7 28. 1481 D~T ~ 8 49 ~ ( ~ ti~v COMMISStOM EXPIRES: ~ f~ ~ G~ CO"''~'y - _ • A~otary P1~blic. Stat~~e ~ Florid~'sT La~g+~ _ ~ ,C~ :t~ 0. Q ~ ~ y ~ - :1'- r~~;^ F ~ < n ~ ~ O O ~ •.i' a . q ~ ~ Q ~ ~ . ~ ~ ~ ~ Q ~ 3 ~ , ~ ~ 4 ~ ~ 'b ~ ~ ~ O ti ~ q ~ r 1~ . ~ ~ s O ~ h /r ` ~ fp ~ f ~ O 3b ~ ~ r ~ ~ - ~ ~ ~ ~ ~ ° ° ~ , ~ ~ ~ ~ ~O ~ ~s ~ ~ a ~ ~ 0 3 • ~ ~ p ~ , `~I P ~ ~ . ~x295 .~cE $1~ L.ri S .a~ ~vssa~ ` 4 ?i-YY '••'-a4 .2'..`~ ~ ' ~ ..~0 ~ .