HomeMy WebLinkAbout2826 IT IS MUTUALLY AGREED THAT: tl) If the said Mortgsgor shall fail or neglect to pay installments on said Promissory Note a on any other sdrance or
,~bbgation which may be secured hereby ss the same may hereafter become due, a uQon default in performance o[ an,y aFeemant hereurder. or upon sale w
other disposition o[ the premises by Mortgagor. a should any sclion or proceeding be tUed in any court to enfora•any lien on. c{aia against or interest in the
premises. then all sums owsrrg by the Mortgagor to the Mortpgx under this Moryage or under the Promissory Note secured hereby shall immediately become
due and payable at the option o[ the Mortpgee on tha cep tier o[ the Mort~a~. or assignee, or any person who may be entitled to the monies due
thereon. n such event the Mortgagee shall have tote tight immedtately to forackat this Mortgagt+ according to law for the collection of the whole amount of
the uidsbtedness and interest thereon plus reasonable attornay's lees costs allbwed by law and any arrsounts advanosd purwant to this Mortgagor, ,
t 2? Mortgagor agrees to surcetsdet possession of the hereiaabore described premise: to the Purchaser at the aforesaid sale, immediately after wch sak,'in the
rvent wch possession has nOt pcevrously been surrendered by Mortgagor, and for faUun to wrrender possession, will pay•to Purchaser the reasonable rental
Value of the premises during of after the redemption period.
i 3? In the event raid premises are wW by Mortgagee Mortgagor. if a signer of the Promissory Note. shall be liable for any deficiency remaining after sale of the
premises. and spplicatson of the proceeds of safd _We to the indebtedness secured` and to the expenses of conducting said sale, including attorney's fees and legal
rxpenses if allowed by law.
rdr Whenever. by the terms of this instrument, Morrttgg~~ecee u given an option, such option may be exercised when the right accrue: or at any time thereafter,
uid no acceptance by Mortgagee of -payment o[ indebtedrseu in default shall constitute a waiver of any default then existing and continuing or thereafter
a~ rruirtg.
i S i If Mortgagor shall pay said Promissory Note at the time uid in the manner aforesaid and shall abide by, comply with, and duly perform all the eovenanb
and agreements herein, then this conveyance shall be null and roil and Mortgagee will, within the statutory period after written demand therefor by
Nurtgsltor. execute a rekaae or atisfsction of this Mortgage.
~6? Notwithstanding anything in this Mottgr4De or the Promissory Note secured hereby to the rnntruy, neither this Mortgage nor said Promissory Note shall be i
dremed to impose on the Mortgagor any obligation o[ payment, except to the extent that the same may be legally enfon~eabk, and any provision to the
ontrary shall be o[ no fora or effect. ~
i
r 7 r AO Mortgagor shall be ' n and sereraU liable for tutfilLnent of their oorenants and l
lei fly Y agreements herein rnntained and in said Promissory Note.
r I f any Debtor is a muried person, he represents and warrants that this instrument has been executed on his behalf, and that he has not executed the same u
surety for another.
.91 Each of us, whether Principal, Surety, Cuuantor, Endorser, or other puty hereto, hereby wairros and renounces, each for himself and family, any and all
h~~mestead or exem?tion 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
Mates, or say right m the nature oCdower or curtesy, of any statutory substitute therefor a: against this debt or any renewal thereof.
r In} In the Brent the Mortgagor(s) transfer(s) the ownership of the said premises, or any put thereof, the entire unpaid balusa of the debt secured hereby shall
immediately become due and payable.
I!r WITNESS WHEREOF the said mortgagor has to these presents set hand and seal this date 5"'A-79 _
s
this Mortgage was prepued by ~ N9t'lOllB ~ AV+CO Finantitltl 3s1''~ioees- ?50,2 3. l~lrl ~9a PiAPC9a FL 33,4.50
(Name and Address of Natural Person Preparing Mortgage)
Jrgrred, Seal and Delivered in he presence of
(SEAL)
Warne rHataagnr P
P!e< 'Z'98'ta Sr•
Witnen ISEALI
Gloria Testa °'ta~aiD'
ACKNOWLEDGEMENT
~ 1.3T E: OF FLORIDA, COUNTY OF__S`f:._I,tl~iA ss.
I Hereby Certdy that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take
~~i;n~,wledgments, personally appeared
and ____Gloria _Te>)~y biro wife to me known to be the person(s)
abed in and who executed the foregoing Mortgage, and acknowledged before me that they executed i
the carne. .
f
Witness my hand and official seal in the County and State last aforesaid this 9th day
(:.,.~-y F.~..:. i:::a c; tlcrida at (argl s.. • . <
• N.~.a k..r..., r.. a ~ 28. 1981 • ~ t ; I
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