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IT IS MUTUALLY AGREED THAT: ll) If the said Mortgagor shall fail or neglect to pay installments on said Promissory Note or on any other adrance or
obligation which may be secured hereby as the same may hereafter become due. of upon default in per[ormana of any apeement hereunder, or upon sale or
other disposition of the premises by Mortgagor, a should any action or prooeedin= be filed in any court to enforce any lien on. claim against or interest in the
premises, then all wms owur~ by the Mortgagor to the Mortja//xx under this Mortgage or under the Promissory Note secured hereby shall immediately become
due and payable at the optan of the Mortgagee. on, the appliation oI the Mott~a~ee. of assipree, w any person who may be entitled to the monies due
thereon. In wcA event tha Mortg~ee shall !rave the rrght immediately to foreclose this Mort`age accordrns to law for the collection of the whole amount of
tlx indebtedness and interest thereon plus reasonable attorney's lees costs albwed by law and any amounts adraaoed purwant to this Mortgtye.
t?) Morgagor agrees to wrrender possession of the hereinabore described premises to the Purchaser at the aforesaid sale, immediately after wch sale, in the
event wcchh possession has not previously been surrendered by Mortgagor, and for failure to wrrender possession, will pay to Purchaser the reawnabk rental
value of the premises during of after the redemption period.
t3) In the event said premises are soW by Mortgagee, Mortgagor, i[ a signer of the Promissory Note. shall be liable for any deficiency remaining after sale of the
premises, and application of the proceeds of card sale to the tndebtedness secured and to the expenses of conducting said sale, intruding attorney's fees and bpl
expenses if allowed by law.
i4) Whenever, by the terms o[ this instrument. Mortgagee is peen an option, wch option may be exercised when the right accrues or at any time thereafter.
and no acceptance by Mortgagee or payment of indebtedness in default shall constitute a waiver of any default then existing and continuing or thereafter
a.rruing.
IS) If Mortgagor shall pay said Promissory Note at the time and in the manner aforesaid and shall abide by, comply with, and duty perform all the covenants
and agreements herein. then this comeyante shall be null and void and Mortgagee will, within the statutory period after written demand therefor by
Mortgator, execute a releax or satisfaction of this Mortgage.
i61 Notwithstanding anything in this Mortgage of the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be
deemed to impose on the Mortgagor any obligation of payment, except to the extent that the same may be legally enforceable, and any provision to the
~untrary shall be of no force or effcet.
i 1) All Mortgagors shall be jointly and severally liable for fulfillment of their oorenants and agreements herein contained and in said Promissory Note.
(81 if any Debtor is a married person. Ise represents and warrants that this instrument has been executed on his behalf, and that he has not executed the same as
surety for anottret.
t91 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 u: have under or by virtue of the Constitution or Laws of any State, or of the United
Statrs, or any right m the nature of dower of curtest', of any statutory wbstitute therefor as against this debt or any renewal thereof.
110) In the event the Mortgagor(s) transfer(s) the ownership of the said premises. or any part thereof, the entire unpaid balance of the debt secured hereby sha11
immediately become due and payable.
IN WITNESS WHEREOF the said mortgagor has to these presents set hand and seal this date ~r-?3~~ .
This Mortgage was prepared by ilE±lnrPS WPSSPl1 ~ !,vco Nirr_ncial Services ?_502 S. ~e3eral Ft Pierce
(Name and Address of Natural Person Preparing Mortgage)
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Signed Sealcjd and Delivered in a presence of
/ ~ / i'ce' (SEAL)
- ~ Witness . Mortgagor
L. Ovors~:~?
(SEAL)
fVitnrsx Mort r~
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Dtltl Oft CiM~ •'~C" Mtinell~ ~tN Ptteea>ter_
ACKNOWLEDGEMENT ° ~ •
IIOGEA ~01111i#t )yl{
sT :aTE OF FLORIDA, COUNTY OF 3t~ Lucie ss. Clot Gl+gtpl ~ ~ ~
t Hereby CertJy that un this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take
~ acknowledgments, personally appeared L. ih;ors:c~T, a single wo:~^_n
and to me known to be the person(s)
s
dexribed in and who executed the foregoing Mortgage, and acknowledged before me that she executed
€ the same. .
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Witness my hand and official seal in the County and State last aforesaid this 13th ~ ~ ;_,ir`
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~:otary Pu':!ir, 5'aL et F7~.^'da at L ~ \~7 /
~f7 r.oa~rnss±at: C ~as t~ a'Sr f / `i: •t%e'- ~ - '
~w COMMISSION EXPIRE$_p"•-•d ar a~•,.~ a 1 a:., lwl ( t_ . _ .
otary Public. Starr j Florida at L~r. , '
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