HomeMy WebLinkAbout1786 11 lS MUTUALLY AGREED THAT: ll) If the said Mortgagor shall tail or neglect to pay installments on said Promissory Note or on any other adrance or
~~blrgation which may be secured Isercby as the same may hereafter become due, or uQon default in performance of any agreement hereunder, of upon sale or
„they disposition of the premises by Mortgagor, a should any cation or proceeding be filed in any court to enfota,aay lien on. cWnt against or interest in the
premises, then all sums owing by the Mortgagor to the Mor under this Mortgage or under the Promissory Nok aectrrcd hereby shall immedutely become
due and payable at the option of the MoRgagee, on the tton of the Mo~t~a~ee. or assignee. or any person who may be entitled to ttte monies due
thereon. In such Brent the Mottpgee shall have tha right immedtaoelY to forecbaa this Mortgage acootdung to bw for the collection of the whole amount of
r~ indebtedness and interest thereon plus reasonable attorney's fees costs albwed by law and any amounts advanced purwant to this Mortgage.
~ : I Mortgagor agrees to sumnder possession of the hercinabove described premises to the Purchaser at the aforesaid sale, immediately after such sale. in the
vent such possession has not previously been sumndered by Mortgagor. and for failure to surnnder possession, will pay to Purchaser the reasonable rental
vacua of the premises during or after the rodemption period. -
i 3) In the event mid premises sre sold by Mortgagee. Mortgagor, if a signer of the Promissory Note, shall be liable for any deficiency remaining after sab of the
I~remises, and applicatbn of the proceeds of said sale to the mdebtedness secured and to the expenses of conducting said sale, including attorney's fees and legal
rx; roses if alb~wed by caw.
;s; Whenever, by the terms of this instrument, Mortgagee is gives an option, such option may be exercised when the right u~crues or at any time thereafter,
~.+nd no acceptansx by Mortgagee or payment of indebtedness to default shall constitute a waiter of any default then existing and continuing or thereafter
e~rruing. -
i 5; If 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 rnvenants
.?nd agreements herein, then this conveyance shall be null and void and Mortgagee will, within the statutory perad after written demand therefor by
~turtgaltor, execute a release or satisfaction o[ this Mortgage.
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i ti; Notwithstanding anything in this Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be c
dermed to impose oa the Mortgagor any obligation of payment, except to the extent that the same may be legally enforceable, and any provision to the +
,~~ntrary shall be of no force or efkct.
~ All Mortgagon shall be jointly and severally liable fo[ tutfiUment of their rnvenants and agreements herein contained card in said Promissory Note.
ti ~ 1 f any Debtor is a married person, he represents and warrants that this instrument has been executed on his behalf, and that he hu not executed the same as
~ureq• for another.
, Each of us, whether Principal Surety, Guuantor, Endorser, or other puty hereto, hereby waives and renounces, each for himself and family, any and all i
h:,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
at3res, or any right m the nature of dower of curtesy, of any statutory substitute therefor as against this debt or any renewal thereof.
, 1 n; 1 n 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
irnmrdiately become due and payable.
1 ` WITNESS WHEREOF the said mortgagor has to these presents set hand and seal this date 6-E?~?9
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This Mortgage wu prcpued by •
( ame and Address o Natu Perron Preparing M rtgage) j
.SiKned, Sealed and Delivered in the presence of ~
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t/~ L (SEAL)
fthtn~ss M t
William F. Pi..~cley
~-a-.~-cXa - • {SEAL)
' Juanita Pi:cte;/ tgr<ao?
- ACKNOWLEDGEMENT
t ,~TF OF FLORIDA, COUNTY OF St. Luc A u•
1 Hereby Certify that on this day before me, an officer duly authorized in-the State aforesaid and in the County aforesaid to take
f .~~knuwledgments, personally appeared Wi.lliacl F• Pilcl.ey
end _ Jtutnita PiY.lep. hit; P to me known to be the person(s)
~iekribed in and who executed the foregoing Mortgage, and acknowledged before me that _ tLeY executed
he same.
Witrxss my hand and official seal in the County and State last aforesaid this lith day
Nc~,a:7 D~lj~c, S!a!e el F1o:ida at Large
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