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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 of on any other sdvantx or
~~bligation which may be secured hereby as the same may hereafter become due, or upon default in performance of any apeement hereunder, or upon sale or
other deposition of the premises by Mortgagor, a should any action or proceeding be filed in any court to enforq any lien on, claim apinst or interest in the
premises, then cell wms owtrt~ by the Mortgagor to the Mortgaaggepee under this Mortgage or under the Promissory Nole aDptrcd hereby shah immediately become
due and payable at the optton o[ the Mortpgee, on the appliation of the Mo , or assigrtee, or any person who may be entitled to the monies due
thereon. In such event the Mortgagee shall have the rtght immediately to forecbsa is Mortgage according to law for the collection of the whole amount of
the indebtedness and interest thereon plus reasonable attorney's fees costs albwed by law and any amounts advanced purwant to this Mortgage.
t Mortgagor agrees to wrrender possession of the hercinabove described premises to the Purchaser at the aforesaid sale, immediately after wch sale, in the
event wch possession hat not previotrsly been surrcrrdeted by Mortgagor, and for failure to wrrcnder possession, will pay to Purchaser the reasonable rental
value of the premises during or after the redemption period.
~ 3? In the event acid premises arc soW 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 said sale to the indebtednea. accrued and to the expenses of conducting said sale. including attorney's fees and legal
expenses if allowed by law.
t4? Whenever, by the terms of this instrument, Mortgagee is given an option, wch option may be exercised when the right sccrues 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
accruing.
~ 5 ? I f 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 rnvenants
.:nd agreements herein, then this conveyance shall be null and void and Mortgagee will, within the statutory period after written demand therefor by
Nortgsltor, execute a release or satisfaction of this Mortgage. ,
~ h ~ Notwithstanding anything in this Mortgage or 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 effect.
~ , ~ AU Mortgagor shall be jointly and severally liable for fulfillment of their covenants and agreements herein contained and in said Promissory Note.
x 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 executcd the same as
,urety for another.
y r tach of us, whether Principal, Surety, Guarantee, Endorser, or other party hereto, hereby waives and renounces, each for himself and family, any and all
tx~mestead 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 in the nature of dower or curtesy, of any statutory substitute therefor as against this debt or any renewal thereof.
~ 10) 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
tntmedutely become due and payable.
l N WITNESS WTIEREOF the s`ai_d mortgagor has to these presents set hand and seal this date ~~..3 - ~
This Mortgage was prepared by~-~• ' ~ ~ z!f. Ff '
(Name and Address of Natural Person Preparing ortgage)
.tiienc>~t, Seole nd Delivered in the Rresence uj
(SEAL)
Witrtesr ~ Morrd+oga?
_ ~ ISE.AL)
Witness Mortgagtr
ACKNOWLEDGEMENT
~f ATE OF FLORIDA, COUNTY OF eT L['f'TF ss.
l
1 Hkreby CMify that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take
i
~ e.knt,wledgments, perwnally appeared rrrguT,~¢ A, TUn~fec
j ±r'~ ,rDY ,]-,-T~'AeS,-F';S Lt;~.~ to me known to be the person(s)
~ ~ir.~rihed in and who executed the foregoing Mortgage, and acknowledged before me that TUFY executed
the same. ,
6
Witness my hand and official seal in the County and State last aforesaid this • , • day
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