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HomeMy WebLinkAbout1335 ?1 !S MUTUALLY AGREED THAT: tl l If the said Mortgagor shall fail of neglect to pay installments on said Promissory Note of on say other sdvan~ti or ;~bhgation which may be secured hereby zs the same may hereafter become due, or upon default in performance of aay agreement bereuodet. or upon ask or .,ther disposition of the premises by Mortgagor, or should any action or proceeding be filed in any court to enforce any lien on, claim against or interest in the premises, then all wmt owtrt~ by the Mortgagor to the Morayx under this Mortgage or under the Promissory Note secured hereby shall immediately become dun and payable at the optron of the Mortgagee, on the appliation of the Morya~ee, or assignee, or any person who may be entitled to the monies dtse rtx reon. In such event the Mortgagee shall have the right immediately to torecbse this Mortgage according to 4w for the coUecCan of the whole amount of thr indebtedness and interest thereon plus reasonable attorney's fees costs albwed by law and any amounts advanced purwant to this Mortgage. ? 2 ? Mortgagor agrees to surrender possession of the hereinabove described premises to the Purchaser at the aforesaid sale, immediately after wch sale. in the event wch possession has not previously been surrendered by Mortgagor, and for failure to wrrcnder possession, will pay to Purchsser the reasonable rental ~ a?ue of the premises during or after the redemption period. ~ i? In the event said premises are sold by Mortgagee, Mortgagor, if a signer of the Promissory Note, shall be liable for any deficiency remaining after sale of the premises, and application of the proceeds of sand nk to the urdebtedness secured and to the expenses of conducting said sale, including attorney's fees and legal expanses if albwed by law. 14? Whenever. by the terms of this instrument, Mortgagee is given an option, wch option may be exercised when the right accrues or at any time thereafter, ~ and no acceptance by Mortgagee or payment o[ indebtedress m default shall constitute a waiver of any default then existing and continuing or thereafter a. Truing. i S ? I f Mortgagor 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 ~ i and agreemenu herein, then this conveyance shall be null and void and Mortgagee will, within the statutory period after written demand therefor by ~lortgattor, execute a release or satisfaction of this Mortgage. 61 \otwilhstanding anything in this Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be dremed to impose on the Mortgagor any obhgation of payment, except to the extent that the same may be kgalry enforceable, and any provision to the ,_untrary shall bt of no force or effect. i ? ? AU Mortgagors shall be jointly and severally liable for tult'rtlment of then covenants and agreements herein contained and in said Promissory Note. ~ K 1 1 f any Debtor is a married person, he represents and warrants that this instrument has been executed on his behalf, and that he.has not executed the same as surety for another. t`?? Each of us, whether Principal, Surety, Guarantor, Endorser, or other party hereto. hereby waives and renounces, each for himself and family, any and all homestead or exemption rights in the property conveyed hereunder, either of us have under or by virtue of the Constitution or Laws of any State, or of the United States, or any right sn the nature of dower or curtest', of any statutory substitute therefor as against this debt or any renewal thereof. i I01 In the event the Mortgagor(s) transfer(s) the ownership of the said premises, or any put thereof, the entire unpaid balance of the debt secured hereby shall mimediately become due and payable. l` WITNESS WHEREOF the said mortgagor has to these presents set hand and Baal this date ~'1-~-"~ . This Mortgage was prepared by ^ i • ~ ~ e ° ~ ~ (Name and Address of Natural Person paring Mortgage) k Srgsred, S ed and Delivered in the presence of _ ~ tSEAL) 'mess ~ Morggaga? r ~ ~ ,2~~~ (SEAL) _ ktitness MOI rjlra0l ACKNOWLEDGEMENT ~T ATE OF FLORIDA, COUNTY OF St. Lucie u. 1 Hereby CMify that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ~.icrn.~wledgrnents, personally appeared TQHr try C`~lrn~m ,;,d 3hirle;~ T. C~!lhoun to me known to be the person(s) r s dexribed in and who executed the foregoing Mortgage, and acknowledged before me that ~''~S' executed c he same. d Witness my hand and official seal in the County and State last aforesaid this ~ ~ day ry S;.'. of .':::'a a! Cage - ~ .IAr'Comr.: ssu~ E:r::cs A~r;l S, i sal !t: "v COMMISSION EXPIRES: a'eji° it w..._,.. r...~ ~.,;•v c~~,c~.r ~ 1 ,a ~ ~'%Votary Public. 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