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HomeMy WebLinkAbout2009 ' PAge 2 I f IC ~I111'lrAl.1.Y A(~1thJ?h 'fFM'f: (1) If tl?c scut \lortglgur sh111 1131 ur n.•gltit to pay inst111n?rnts un srW Pru3ni.Wry Nutc ur nn guy other a1?arnr or ••hhl!.diou which may t?r src•ua-d Iwreby as tlro umr July IKrrJftrr br.un?e due, or ulwu default in perfutn?lnoe of any s~otnent hercundrt, or upon sala~ ut .~lhcr dta?ucitian of ll?r pnnuxs by 1?lurtglgur, or slwuW any acliun ut pruiccdiug be tiled in any court to rnfuu•c any lien nn, claim aglina or interest in the p3; miw c, tl?en all wnu ua•iutt by the 1?lurtgagut to tt?r Alurtgagce under chi, 9lartgrgr ur under the Prwniswry Nute ucurrd hereby shall immediately bernme ,lue and payablerl the uptwn o[ the Mr•rtg_tgee, on Ilte application of the Muttgagoe. of usigm~c. or any purwn who may be entitled to the monies due ih.•rrun. In .rich event the Murlgagsx shall I?aY0 the right immc~liately to fotrclo.+e t is !?turtglge according to taw fur the collection of the whole amount o[ rhr indebtedness y>J interest tlrurcon plus reawnabk atlurtrcy's fern costs dluwcd by taw and any amounts advanced purwant to tbi} Mortgage. ~lurlgrKur agrees to wrrcndrt Qossrssiun of the hrreinrtwve dcuriixd premises lu ttre Purch~.cr at the aforeslid sale, immediately after swh sale, in the rscot wrh posmssiun has not prrvwusiy been sutrrndcrcrl by [?Iurtgag.?r, and for failure to xnrender possession, will pay to Purchaser the reasonable rrntd s;31ue of the premises doting or after the redemption perisxl. In the event sail prrniuea ue wkl by Mortgagee. Mortgagor shall be liable fur any deficiency remaining after sale of the premixs, and applu:ation the pr~w~reds of saW sale to the indrbtrdricn secured and to the expenses of conducting said sate, in:ludiirg attorney's fees and legal ezpensrs if allowed by law. K r4) \1'terncwer, by the terms of this instrument. !?tortgagce is given any option. wch option may be exercised when the right accrues or at any time ths;rca[ler, .u3d rw xcrptancw+ by Mortgagee or payment o[ indebtedness in default anal) constitute a waiver of any default thin existing and continuu?g or (hereafter :3rcruing. tS) I[ Alorlgagor stiaU pay said Promiswry Note at the time and to the manner aforesaid and shalt abide by, comply with. and dubr perform sU the covcnanu Ind agnemcnts herein. then this mnreyance shall be null and void and Mortgagee will. within the statutory period after written demand therefor by llurtgagOr, execute a release or satisfution of this Mortgage. (6) Kotwithstandiria anything in this Mortgage or the Promissory Note secured hereby to the contruy, neither this Mortga~gea nor said Promissory Note shall be d~zmed to imposo,on the Mortgagor any obDgatiun of payment, exstipt to the extent that the same may bo legally enforceable, and any provision to the contrary shall be o[ no force or effat. (7) AU Mortgagors shall be jointly and severally liable for fulfillment of their covenants and agreements herein contained glut in said Promiuory Note. (3> If any Debtor is a muried woman, she represents and warrants that this instrument has brew executed on her behalf, and flat she bu not executed the same as wrety for anothc:. ' (9) Each of us. whether 1':incipal Surety. Guarantor. Endorser, or other party hereto. hereby waives and renounces, each [or himself and family, any and all homestead or exemptica nghts other o[ us have under or by virtue of the Constitution or Laws of any State. or of tlio United States. or any right in tliS nlture o[ dower of curcesy, of any statutory substitute therefor as against this debt or any renewal cheroot. • (t 0) In the event the Mortgagor(s) transfer(s) the ownership .of the said premises. or any part thereof. (tie entire unpaid balance o[ the debt secured berebY shall immediately become due and~payabk. - IV WITNESS WHEREOF the said mortgagor has to chest presents set hand and scat this date February 1 , 1 979 Srgrred, Sealed urtid Delivered in the presence of . ~Y1'1 C (SEAL) _ t Martaiaao? • (SEAL) - Ntiniess - ~~°a'O1 This instrument prepared by :'lalter F. Langley, $11 Dela\•lare /.venue, Fort Pierce, ?lorida 33454 - ~ . ACKNOWLEDGEMENT S1:~TF OF FI.Oltl7.~, COUrTY OF' 4 ss. _ . 1 Hereby Certify that un this day be me. an officer duly authorized in the State aforesaid andjn a County aforesaid to take acknowledbments, personally appeared _~1--t~ Gam/// i:u i ~~nd _ - ,to me knowl~s,Ms,~t~'person(s) described in and who executed the foregoing Mortgage, and acknowledged before me that ~ ~ ~ep~fed ~ the same. ~ ~ , ~ z ; . ~ ~n / f _ ct • . t• Witness my ii:.ri and official seal in the County and State laze aforesaid tl?iz _ }..dG s '`7~'(.~ ` d~y?_ arnaw n•a K cratF QF ~tORIQA AT URGE 'r : 'sT•.`t, F.1Y COMMISSlCN EXF1~-=S _ l8 l -~..rvnr .*,..,..,,w.F ~ otar Public, State of Florida a? I - . - ~ ~ a o• = n y ~ ~ fi ° o ~ o a ~ ~ ti t1. ~ - ` FIL D A • R CO ~:ED A o 0 o y ST. L CIEO NtY" a ~ 9 ~ c.. C0~ V RIB! 0 ~s m ~ 2 na tr (D c* 'i ~ O ~ 9FE 2 q ~ • ~ 9 ~ 5 A y . ~ r" h r ~°~r~ x ~ 7~0 BEN ?0 TRH ~ n ~i _ ~ orl ~ d w N ~ ca t--? CL-E K CIRCU T C . URTo b co o ca I-~ m - ~ b o Q. 'i ~ `G c ~1 J n - ~ ~ m'`` y d ~ ~ ~ n ~c o ~ ~ 0R , 600% P,;r,.E - - - ~I x a