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HomeMy WebLinkAbout1982 . . Q~to IT IS MUTUALLY AGREED THAT: l!) If tAe iaid 11onp~or sAall• tail a ne~kct to pay insWim~ntt op ~iid homissory Note or op iny othe~ advance ot : ubliaation whkh may be x~~~a ~reer a~ the same may hereJte~ become due, or u n default in petformaacc o~ yfr a~reemtnt pentWder, or upon :ale or ~ other disposition ot the p~emiss by Moctpsor. a~a .~y a~au~s e~ ~iea ~,~y ~c co enro.oe ,~r u~o o~. !Wi? ~pinst or interest in the ? premi~es, tl~ea all wn~sowi~ br the Mortp~or to tbe Mort~a~ee under this Mortp~a or under the Promissoiy Note ~ecu~d 6ereby sAaU immediately becomt ; due mdpa yable ~t the optioa ot tde irort~ee, on iAe ~pplication of the 110rt~a~e. ot auip~ee. a aay penon who may be entitled to the monies due ~lxreon. lo ~uch ev~at the Mottp~ee slWl hsre the ri~ht immediatelp to forecbse thii Mort~ye acootdin~ to law fot ibe coUection of the wlak amount ot 4 the indeptedneu and intecest tAeceoa plut eeawnable atto~aey's faes oosts allowed bq law and aay amounb advanoed purwwt to this Mortp~e. 1 ( 2) Nott~o[ ~rees to suttendet ~os~ession of the M~einabore described p~emise: to the Purchascr at the aforesaid sak. immedistely after wch sak. in the ~ event wch postes:ion Ras not ptemously been surie~ by Mort~or. and fot failure to wrrender pos~euion, will pay to Purchaser ihe rcasonabk «ntal { value ot the premi~es duch~ or aRer tha redemptio~ peciod. ' (3) In the event aid prani~es ue ~oW by Mort¢~ee. Mort~s{or, if a~ner of the Promis~ory Note, shall be liabb for any dettciency remainin6 afte~ ~ak ot the ' premi~es. and application o[ the proceaU ot wd ~ale to the ~aAebtednets xcured and to the expen~es o[ conductina said sak. includin` attomey's fees and kp! rxpen~es if Wowed by Itw. ~ i4~ WlKnever. by the tetms of this instrumrnt, Moct~a~a is siren any option. such option may be exercised when the rial?t sccrues or at any time thereafter, ; and no acaptance ey Mort~aeee or payment of iadebtedness m defwit shall constitute a waiver of anq default then exutina and rnntinuinE or the~eafter r arcruin~. ; I S) it Moct~a~or shall pay s~id PcomiswrY Note at the time and in the maar~er atoiesaid and shall sbide by, oompiy with. and duly per[orm aU the covenants + and ~roemenb Ae~ein. then this oonreyance shal! be aull and void and Mortaaaee will, within the sututory period dter written demand therefor by ! Mon~or. exaute a«kase ot atisfaction o[ this ldortp~e. ~ i (6) Notwithstsndina anythins in tAis MortpEe or the Promissory Note aecurod hereby to the contrary. neither this Mo~t6aae nor said Promissory Note shall be _ ~ deemed to impose on the Mo[taa~or any obliption ot~payment. exapt to the extent that the same may be kaalty enforaabk, and any provision to the rvnvuy slWl be of no [orce ot etfeCl. l7 ) All Mort~a~ors shall be joinlly and ~everally liabk for tutfiWnent of their covenants and ~eemmts herein contained and ia said Pcomissory Note. ~ +~s1 tf my Debtor is a muried penon, he reprosents and wamnts Uut this instrument has been executed on his behalf, and that he has not executed the same as ; surery for anothct. + F ~9) Each ot ut, whether Princi~l. Surety, Gwrantor. Endoner, or othar puty hereto. txreby waives and nnounas, each for him~elf and family, any and all humestcad or eaemption rights m~he property comeyed hereunder, either of us havie under or by virtue of the Constitution or Laws of any State, or of the United States, or any ri~ht m the aatnre of dower or cuctesy. of any statutory substitute therefor as aEainst this debt or any renewal thereof. i 10) In t6e event the Mottp~or(s) trantfer(s) the ownership of the said premixs, or any put thenof, the entire unpaid balana of the debt tenued hereby shall immediately betome due and paytbk. ih WITNESS WHEREOF the said mortaagor hu to theu presents ~et hand and ~eal this date 7~~•79 . This Mort~e was prepand Ey Kessells ~b !lvco FYnancial S3rv.~..ees~ 2502 S. Federal ~ry, Ft. Piorce~ FL (Name and Address of Natural Person Prepuina Mort6sge) Signed, Sealed Delivered in the presence oj . ~ ' ~ ~ ~.J' ~ t'A/yt~ ~ ~.l JCX~ ~tir~~ (SEAL) t - Mort -r"`A F~anr Su1.Iivar. aea~ r ' C_ r ~ (SEAL) ~ - - Mort ~ Wilness $P!i'1C~2'~ T,~ ~L~.Ij. ~31? ~ ' ~ ~ - - ~ ~ ACKNOW LEDGEMENT i j ~T.~TE OF FLORtDA, COUNTY OF ~t. L.»c~ e ss. ~ ~ E ~ 1 Hereby CMify that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take i , acknowledgments, personally appeared ~'L'~n I ~ ,,,,d _ ~7a~1,. ~sl ] i v~n~ ~k• tti~'e to me known to be the person(s) described in and who executed the foregoing Mortgage, and acknowledged before me that ~h~1 executed ~ the same. _ ~ Witness my hand snd official xal in the Cuunty and State last afor~id this ~t~h day ~ A.D. 197~ . ,f - ~ (I :,r P•:':.~~c. 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