HomeMy WebLinkAbout0276 i I 1~ ~Il Il`:\l.l.l' .\l:Rl 1 l) fll:~•I` 111 11 the wid Mortgagor +hatl tad ut neglect to pay imtatlnu•nh un saki PR,n?NV,r)' !Vote ut on any uthrl aJ?an.Y ur
!~fi~euur. Nhi;h nray hr ,r;ared tn:rrby a+ Itx san?r may hereafter become due, ur upon Jrfault in prrfunnance of y rcCmrnt Acrrp r, or upon sale or
r!~;r J++Iw+ruon of the prcmt:rs by Mortgagor, ur should any action or pn,cerding be C?Ird in any court to enforce art ~ nun, clanu~atnlt or mtrrr+t in the
prrmi+rs, then all wms owing by the Mortgagor to the Mortgagor under this Mortgage or under the Prumissury Notr ucurrd herrhy shall immrd?atrly txa,me
.lur and payaMr a1 the option of the Mortgagee, on the application of the Mortgagee, or assigner, or any perwn who may t,e entitled to ll?r monies due
ti,.•rron. In wrh event the Mortgagee shall have the right immediately to furrcluse this Mortgage according to law for the collection of the whisk amount of
the rndrMrdnrss and intrust tt?rreon plus reasonable attorney's fees costs allowed by law and any amounts advanced pursuant to this A1urlgagr.
~ `I Mortgagor agrees to surunder possr~siun of the hrrcinabuvr drscnbrd prrn?isrt to the Purrhaxr at the afuresaiJ vle• +mmrdratrly after wch +:?k, in the
.•+rnt wch IKSSrwun has nut previously bcrri sulrrndered by Mortgagor, and fur failure to +rurendrr Iwo+x•won, Ndi pa) n, Pur:h;Ixr the ua+unablr rental
c.aur of thi prcmrscs Juring or after the udrmptiun period.
1 ~r In tl?e event +aiJ prrmixs :ur wIJ by Mortgagee, Mortgagor +F,aU tx 6ablr tut any Jrlira•ncy remaining after +alr of the prrnuxs, and apph;atiun of the
I~r..;rrds of said sale to Ihr indebtedness xcurrd and to the rsprnxs of a,nducting vid s:+h, u?cluJing anun?ry'+ frr+ and legal rsprnsr> if a1loNrd by ;aw.
~4r Whenever, by the terms of this instrument, Mortgagee is given any option, wch upUon may tx rxelcisrd when the right a:crurs or et any time thereafter,
anJ no accrptancY by Mortgagee ur payment of indebtedness in default shall constitute a Naiver of any default U?en exiting anJ continuing or thereafter
a;.ruing.
~ t 1 I f Mortgagor shall pay said Promissory Notr at the time and in the manner aforesaid and shall abide by, comply with, and duly perform all the covenants
.,nd agreements herein, then this uonveyan.•e shall be null and void and Mortgagee will, N•ithin the stalutory• period after written demand therefor by
Mortgagor, execute a release or satisfaction of this Mortgage.
~ b I Notwithstanding anything in this Mortgage or the Promisswry Note secuud hereby to t1?e contrary, neither this Mortgage nor said Prumisswry Note shall be
Jrrmed 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
;ontrary shall be of r?o force or effect.
~ ? ? AU Mortgagors shall be jointly and severally liable for fulfillment of (heir covenants and agreements herein contained and in said Prumtssory Note.
~ sl If any l~btor is a married woman, s!?r reprexnts and warrants that this instrument has been executed an her behalf, and that she his not executed the
same as wrety for another.
Syr h:ach of us, whether Principal, Surety, Guarantor, Endorser, or other party hereto, hereby waives and renounces, each for himself and family, any and all
t,.,n?estead or exemption rights either of us hate 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, or any statutory wbstitute therefor as against this debt or any renewal thereof.
I Itr1 In the event the Mortgagor(s) transfer(s) the ownership of the said premises, or any part thereof, the entire unpaid balancY of the debt secured hereby
+hall immediately txY-ome dw: and payable.
IN WITNESS WHEREOF= the said mortgagor has to these presents set hand and seal this date 10.05~~9 ' .yr,
tae
Signed, Sealed an Delivered in the p nc~ u
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- Witness Ma?t~gga? ~~iq~ ~ -
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- r Witness rtguao? ~i' .
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ACKNOWLEDGEMENT " ~ ~ = ~ t
ti I 1 tE OF FLORIDA, ('OV`TY OF ST LUCIE ss. ' ' ~
. .
Hereby Certify that on this day before nee. an officer duly authorized in the State aforesaid and in the County aforesaid to take
e;knowtedgments. per>,?nally appeared HF~TRY SCHRODER & VIRGINIA SCHRODER"
~„d to me known to be the person(s)
r clr,~ribed in and who executed the foregoing Mortgage. and acknowledged before me that then executed
t hr satnc.
Witness my hand and official seal in the County and State last aforesaid this _ ~}h day
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Fcsary 1cl':c .`'c!~ ai fb•~do at Lar7~ i
h'!Y COMMISSION EXPIRES Ny C,--"'~'' 23, iic2 `r
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,Vutar?• Pohlir•. to o% t•7oriJa at LarRe•.
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