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HomeMy WebLinkAbout0375 ~-r•..~ - a.,c'-o - v.~-a .~Q~- . IT IS MUTl1A4LY AGRtk.U 71~AT: l11 If tAe said Mottp`or ihall fail ur ne~lect to pay ~nstailme~ts on ssid Prum~ssory Nuto w o~ any other sdvan~e a ~~bligatan wh~cA may be securcd hueby u the same msy hercafter baome due, or upon default in pe~fo~mana of~1y 1,~eeteent her~unde~, or upon sak or .~iher d~spositan of the premi~es by Mottpjot, or shouid any action or ptooeedin~ be tikd in any court to enforoe any IiM on. cWm ~ai~st oi intetest in the premises, then aii wms owt~ by the Alwtp~or to the Mortja~ce unde~ this Mottpte or under the Promissory Note ~ecu~ed hereby shap immedately bernme duc and payabk at tAe optwn of the NoApjee. on the ~pplli~tion ot the Norya~,e, a assiproe. o~ any petso~ who mar be entitkd to the monies due ehereoo. In such evcnt the Mott~ee shdl h~va tbe rt~ht immediatelr to taecb~e tlus Mort~qe acootdlnt to law fot the colkclio~ of tAe whok amwnt of ~ho u~deEteMess and interest the~eon ptus reasa+aDb atto~ney's kas oosts ~lbwed Dy law and ~ny amounts adranood pursu~nt to this Mortp~e. M~t~a~at apees to wrrendet possestioa of tha heceinabove dacdbed premises W the Purchax~ st the aforcsaid sak, immedately atter wch sak, in the r~ent wch po~io~ hu not ptevausly been wrrendered by Mo~tp~or, snd for (ailuro to surrendet posseuion, wiU pay to Purchatier the rcasoaabk anW ~a1ue oI tAe ptemises dwins or aRer the redemption peiiod. 131 In thc erent uid ptemiset are soW by Mor INorta or. !f a~?er ot the Promimory Note. shall Ee tisbk [or any deficiency remaiain~ sRer ~tle of tl~e q ~ r premisea, and application of the proaeds of ale to the indebted~ess ~ecured and to the expe~~et ot oonducting s~id sak. indud~ attoraey'~ fees and kpl txpenus if aUowed by Isw. ~4? Wher+ever. by the terms o[ this uutrummt, Mort~a is pren an option. such option may be exercised when the risht acccua or at any time theteafter, tsnd no acceptana by Mort~ee or wrmene or i,~beeaneu u, ae~ault shaq comtitute a vairer o[ any default then ex~stina and continuu~ or therca(ter a~cruir?a. t 5) If Moctp~or shall pay said PromissorY Note at the time and in the manner a(oiesaid and shall abide by, comply MitA, and duty per[orm all the oorenants and a~xmeats haein, then this oonreyana sh~ll be nuU and roid and Mortsaaee will. ~vithia the statutory period a[ter written demand Were[or by Hortsa~tor. execute a release ot satistactioa of this Mortp~~e. i6) Notwithsw~di~ ~?y~~un~ m this Mortpae or the Promissory Nou secured heceby to the convary, neither this Mo~tp~e nor said Promissory Note shall be dcartxd to impwe oa the liortpjor any obliEation ot payment. exapt to the extent that the same may be k6alty enforceabk, and ou?y provision to the cunuary shall be of no force or etfect. ~ i? AU Mortaa6ors s~uU be jointty and severaUy Gabk for tutfiUment of tAeir oovenants u~d apeemeau herein contained and in said Promissory Note. t x) tf any Debtor is a muricd per~on, he npre~ent: and warranb that this instrument has been executed on his behalf. and that he hu not executod the ame u wrery fot anothe~. t91 Each ot us, whether Priacipal. Surety. Guuantor, Endoner. or other puty hereto. hereby waires and renounas. esch for himself and family, aay and all h~mestad or exemFtan riahts in the property comeyed hereunder, either of us have under or by virtue of the Constitution or Laws of any State. or of the Unieod States, oc any ri~ht m the nature of dower or curtery. of any statutory abstitute therefor as a6ainst this debt or any rcnewal thereof. i 10? In the erent the Mortp~a~(s) transfer(s) the ownership of the aid premi~es, or any put thereof, the entirc unpaid balanoe of the debt secured hereby shaU immediatety beootne due and payabk. 1N WITNESS WHEREOF the said awrtga6or has to the~e preaents ~et hand aad ual thit date c-; ~ ..n, ad.- r:.z-::=~.-^ ?._3L5 1~~'~?: t~ve ','ero 3eac ~z rl 3~ ~'c rn;: etortp~e ~as prepuea by - (Name and Addnss o[ Natunl Penon Preparina Mort~N Signed, Sealed and Delrvered irr the presence oj • ~ J U N~t H~ ~i R Y P~ R!(' v~ l (SEAL) Witntss _ Mo?t~~a? _ . -o::•e ~ o`:n i~er:r~- _ arker - -f ~ \ ~ (i`~,f ~ (SEAL) - ,.._'.~'ir ss ? ::ae . ar_:er Mwra~dor ACKNOWLEDGEMENT ~T:1TE OF FLORIDA, COUNTY OF r --~-=c:e u i . ~ 1 Nereby CertJy that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ~ a~knowledgments, personally appeared ••p"='" = a-'"'•=er t ~ = I~ ~ ~"_:e : - r:~Fr ~ ,nd _ to me known to be the person(s) ~ ~ie~nbed in and who executed the furegoing Mortgage, and acknowledged before me that y'~e` executed ~ tie ~me. ~ ~ ~ ~ Witness my hand and official seal in the Cuunty and State I~st a(oresaid this day ~ ~ A.o. i~~ " _ .:':~L• . : ` ~ , _ l _ . . i' M~ L;f~GC ~ < /y i ~ ~ . . 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