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Home My WebLink About2812 I i IS MUTUALLY AGREED THAT: 11) If the said Morigasor shall fail or neglect to pay installments on said Promiswry Note or on any other advance or obligation which may be secured hereby at the same may hereafter become due, or upon defwlt in per[ormanoe of any s~teement Iserourdar, or upon sale or other disposition of the premises by Mortgagor, a should any action or proceedins be fUed in any court to enforq arty UMt on. cWos against or inkrest in the premises, then all sums owln~ by the Mortgasor to the Mor under this Mortpse or under the Promiswry Note secured hereby shall immediatey become due and payabM at the option of tM Moripjea, on the anon o[ ttss Mort;a~ee, of aui~nee, of any person who may be entitled to the monies due thereon. a such event the Mortsasee shall bare the right immediately to foreclose t)ds Mottppe acoocdiry to law for the collection of the whole amount of the irsdebtedaess and interest thereon plw eeasortabls attorney's fees costs aibwed by law and any amoun4 advanced putwant to lhh Mortgage. 121 Mortsa~ot agrees to wsrendet ~oaeubn of the hereinabove -described premises to the Purcirsser at the aforesaid sale, immedulely after wch sale, in the went wch possession has not prevwusly been surrendered by Motiga~gor, and for failure to wrrender possession. will pay to Purchsser the rcssonabk rental value of the premises during of after the redemptio~~eriod. t3) to the Brent said premises are sold by Mortgagee, Mortsa~or. if a signer of the Promissory Note, shall be Babb for any deficiency remaining after sale of the premises, and sppUcatton of the proceeds of ssa~fdd nle to the tndebtednea secured and to the expenses of oonductirra said sab. includirsa attorney's fees and kp) expenses if allowed by law. t4) Whenever. by the terms of this instrument, Morrttsgaasgeeee u siren an option, wch option may be exercuod when the right accrues or at any time thereafter. I uid no scceptance by Mottsagee or payment of irsdebtedness in default shall constitute a waiver of any default then existins and continuins or thereafter # a~rruinj. ~ f t t 5) I f Mortsagor shall pay said Promissory Note at the` ~ and in the manner aforesaid and shall abide by, comply with. and duly perform all the covenants s :+nd agreements herein. then this conveyance shall bt nu)1 and void and Mortgagee will. within the statutory period after written demand therefor by Nortgaltor, execute a release or satisfaction of this Morigaye`. ~e> Notwithstanding anyt m this Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be I drrmed to impose on the idortsasor any obtisauon of payment, except to the extent that the same may be ksaily en[orceabk, and any provision to the j .unwary shall be of no force or effect. ~ 7) All Mortgasurs shall be jointly and severally liable for tulfil4nent of their covenants and agreements herein rnntained and in said Promissory Note. t 8) If any Debtor is a married person, he represents and wamnts that this instrument has been executed on his behalf, and that he has not executed the same u surety for another. t9) 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 o[ exempYan tights in the property conveyed hereunder, either of ut Mve under or by virtue of the Constitution or Laws of any Stpte, or of the United Metes, our any right m the nature of Dower or curtery, of any statutory wbstitute therefor a: against this debtor any renewal thereof. ~ 10? 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 shall ~mmrdiately bernme due and payable. f V WITNESS WHEREOF the said mortgagor. has to these presents set hand and seal this date ~ZQ This Mortgage was prepared by D. Wessells~ ~ AVCO Financial Servicea~ 2502 S. Federal Iitry, Ft. PierC~e FL ~ (Name and Address of Natural Person Preparing Mortgage) ) i .tiiRneJ, S a d and Delivered in the presence of (SEAL) fVitne Martgiagar . ~ • G'~-c / (SEAL) Witnesr Mortanaar ACKNOWLEDGEMENT 4 MATE OF FLORIDA, COUNTY OF Lucie ~ ' Hereby CMJy that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take a~kn~~wledgments. personally appeared Rent C• IAt~?sOn ar.d Pa .rl _ia av~ena_~ vile to me known to be the person(s) ilex ribed in and who executed the foregoing Mortgage, and acknowledged before me that they executed the Sarrle. Witness my hand and official seal in the County and State last aforesaid this S th day . F _ I ~,t ~y - A.D. I9 ~ ~ - I Ntrlary Pui.!'r. Sizte of Flor•'da al !pre f''' ,~yu: My Com~rissi~n E.p~rcc cep..+, "'8. '.tiSl : f ~ Y COMMISSION EXPIRE~:~~ b a...~.:.w fy ~ Notary Public, ,S? .u LaS~t : H t n ~ i~•r ~ C i..~,,..sti~. ~ O 4 ~ ~ ~ O n ~ O 3 O IV O W sr9 as ~ ~ ~ ~ s _ q Q ~ ~ ° ~ ~ ~ c ~ ~ i LED ppP~~ECTTORO 0 ti o w ^ ~ E S ROG E~POITRA ~ oo ~e a ~ I y ' € CLERK UICWt COU ~ ~ ~ ~ ~ e [ REC~O VERI CQ n ~ ~ :y s ~ OZ O ~ ~ ~ i 444 2 ~ ~ ~ ~ ~ s n - a e ~ RR : _ [ -