HomeMy WebLinkAbout1103 1T IS Ml?TUALLY AGRk:F.D THAT: 111 If the said Mortpsor shall fail a neglect to pay btitslintents on 1~ ho~issory Nute or on any other advan~~e or i
obligation which may be secured hereby ss the same may hereafter become due, of upon default in performance of any agreemnnl llorcunder, or upon sale or
other disposition of the premises by Mortgagor, or should any action or ptocading be tiled in any court to enforce any Gen art, claim against or interest in the c
premises. then all sums owtrr~ by tlro Mortgage to the Mor under this Mortgagf or under the Promtssory Note secured hereby shall immodrarcty become
dur and paYabk at the optwn of the Mortgagee, on the app~rcation o[ the Mort~a~ee, or rtssigrree, of any person who may be entitbd to the monies due
tlxreon. In such event the Mott~ee shall have the riUitt immedutely to forecbse this llort~e accordin= to law [or the collection of the whole amount of
the indebtedness and interest thereon plus reasonable attorney's fees costs albwed by law and any amounts advanced pucwant to thb Mortgage. i
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l21 Mortgagor epees to surrender possession of the hercinabove described premises to the Purchaser at the aforesaid sale, immediately after wch sale, in the
event wch possession has not previously been surrendered by Mortpgor, and for failure to wrnerder posxssioer, will pay to Purchaser the reasonable rental
value o[ the premises durirrg or'after lbe redemption period.
t 31 in the event raid premises are sold by Mort¢agee, Alortpaor• i[ a si6ner of the Promissory Note. shall be liable for any defkiency rcmsinin` after sale o[ the s
premises,.aed application of the proceeds of sad sale to the debtedneu secured and to the expenses of rnnducting said :ale, iaduding attorney's fees and kpl ;
expenses U allowed by law. -
, (41 Whenever. by the teems of this instrument, Mortga;ee is Given any option. such option may be exercised when the right accrues or at any time thercattsr, ~
and no acceptance by Mortpgee or payment of indebtedness in default shsU constitute s wsiver of any default then exrsting and continuing or thereafter
aiCfUing.
t'•1 If Mortptgor shall pay said Promissory Note at the time and in the manner aforesaid and shall abide by, comply with. and duly perform all the covenants
and agreements herein, then this conveyance shall be null and void and Mortgagee will. within the statutory period after written demand therefor by
~tortgaRor, exenrte a release or satisfaction of this Mortgage.
tbl Notwithstse?dirrg anything in this Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be
deemed to impose on the Mortgagor any ob6ptron of payment. except to the extent that the same may be legally en[occeabk, and any provision to the
contrary shall be of no .tome of e[ket. .
t7) AU Mortgagors shall be jointly and severally Gable [or fulfillment of their covenants and agreements herein contained and in said Promissory Note.
t81 if any Debtor is a muried person. he represents and warrants that this instrument has been executed on hi: behalf, and that he hu not executed the same as
surety for another.
~yl Eadr of us, whether Principrt4 Surety. Guaiantor, Endorser, or other party hereto. hereby waives and renounces, each for himself and family, any and all
humrstead or exemption rights in the property conveyed hereunder, either of us have under or by virtue of the Constitution or Laws of any State, a~r of the (,'Wiled
sates, or any right m the nature of dower or curtest', of any statutory substitute therefor as against this debtor any renewal thereof. _
i t01 to the event the Mortgagor(:) transfer(s) the ownership of the said premises. or any part thereof, the entire unpaid balance ofthc debt secured hereby shall
Immediately become due and payable.
IN WITNESS WHEREUF the said mortgagor has to these presents set hand and seal this date ~~~"•?9
This Mortgage was prepartd by } ~:elod; TMarha.'^ 23h5 -14th Ave Ba-• ~ "ero Beach Florida 3?9EQ _
(Name and Address of Natural arson Preparing Mortgage)
Signed, Sealed atld Delivered in the presence of
- /il ~ (SEAL)
Witness
-~:?ie Bowe "rthur "oss
(SEAL)
mess Morrlatt~
Irene '?oss
ACKNOWLEDGEMENT
STATE OF-FLORIDA, COUNTY OF irdiar. '?iver ss.
1 Ilereby.Certify that. on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take
.,cknuwledgmerits, personally appeared _ .
E and ?re a ?oss to me leiro~vp• ;tp •be the p'terfen(s)
' f a 'Y r
dexribed in and who executed the foregoing Mortgage. and acknowledged before me thaC • _ ~•ie~~ _ r exe~ct~ed
I thz carne. = - =
Witness my hand and official seal in the County and State last • aforesaid this ?rd - J ~ " ~ ~ ~ -
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,,,~.r:~~- .
t tlotary PuDltt, State of Florida at Large
MY Commrsston Expires At?g. 2Q. t~
MY COMMISSION EXPIRES: _
Not • Public. Stare of Florida of barge.
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o = ~ :LED At1Q SEC DE03
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