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i ? u ~IUI'UALLY AGRFk:U 17IAT: (11 If the said Murt~ur shall fail or neglect to pay u?staUmcnts on said Promissory Note otyon any other ads.u~~ti or
,~?~IiKatiur which may be secured hereby u the same may hcrcafcer become due, or upon default in performsinoE ~y agreement trett:undrr, or upon sale or
~~ih~r deposition of the premises by Mortgagor, or should any action or proceeding be filed in any court to entWt~t lien un, claim against or interest in the
I~rrmisrs, then all sums owrrt~ by the Mortgagor to the Mortgss~~xx under thts Mortgage or under the Promissory Note secured hereby shall immediatety become
fur and payable at the optwn of the Mortgagee, on the application of the Mortg~e. Ot assignee, or any person who may be entitled to the monies due
tiknon. In such event the Mortgagee shall have the right immediately to forecbse this Mortgage sccording to law for the collection of the whole amount of
the indebtedness and interest thereon plus reasonable attorney's fees costs albwed by Vrr and any amounts advanced purwant to this Mortgage.
Mortgagor agues to surrender possession of the hercinabuve described premises to the Purchaser at the aforesaid sale, immediately after such sale. in the
r~rnt wch possession has not previously been wrrendercd by Mortgagor, and for failure to wrrcndlr possession, will pay to Purchaser the reasonable rental
value of the premises during or aRet the redemption period.
? 3) f n the event said premises are sold by Mortgagee, Mortgagor dull be Gable !or any Jeficirncy remaining after sale of the premises, and application of the
pru.-eeds of said sale to the indebtedness secured and to the expenses of conducting said sale, including attorney's lets and legal expenses if allowc~l by law.
?4) Whenever, by the terms of this instrument, Mortgagee is given any option, wch option may be exercised when the right sccrues or at any time thereafter.
and nu acceptance by Mortgagee or payment of indebtedness in default shall rnnstitute a wetter of any default then existing and continuing or therca[ter
a«ruing.
~ S) I f 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 covenants
and agreements herein. then this vonveyansx shall be null and void and Mortgagee will, within the statutory period after written demand therefor by
~lurtgagor, execute a release or atisfaction of this Mortgage.
?6? Notwithstanding anything m this Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be
med to impose on the Mortgagor any obhgatiun of payment, except to the extent that the same may be legally enforceable. and any pmvition to the
~untrary shall be of no force or effect.
171 AU Mortgsgors shall be jointly and sereraUy liable for fulCiWnent of their covenants and agreements herein contained and in said Promissory Note.
i+s) If any Debtor is a married woman. she represents and warrants that thu instrument has been executed on her behalf, and that she has not executed the
same as orrery for artothet.
?91 Each of us. whether Principal Surety, Guarantor. Endorser, or other poly hereto, hereby waives and renounces, esch for himself and famtTy. any acrd all
homestead or exemption rights esther of to have under or by virtue o[ the Constitution or Laws of any State, or of the United States, or any tight in the
nature o[ dower or curtesy, ar any statutory wbstitute therefor ss sgainst this debt ~ any renewal thereof.
~ lot In the event the Mortgagor(s) transfec(s) the ownership of the said premises. or any part thereof. the entire: unpaid balance of the debt secured hereby
shall imrnedutety become due and payable.
IN WITNESS WHEREOF the said mortgsgor has to these presents set hand and seal this date]1-0~-'79
r
Signed, Sealed and DeGl+e in he presence of
C s
teas - _ y _ 4 '17` ' !M~_EAL)
J ? 5 .
/ / ~~'~Gk~L~IYAL) s
Witness
l
ACKNOWLEDGEMENT
j
~ ST LUCIE COUNTY
tiT:~TE OF FLORIDA. COUNTY OF ss•
1 Hereby Cercdy that un this day before rne, an officer July authorized in the State aforesaid and in the County aforesaid to take
g~~H E MCPEEK
.,rknuwledgments, personally appeared
MILDRED E MCPE>;Y to me known to be the person(s)
~ieknbed in and who executed the foregoing Mortgage, and acknowledged before me that THEY executed
fete same.
Witness my hand and official seal in the County and State last aforesaid this 6th day
79 ;
4.;
Fleloey Po6Ce Stole of Fio~da of Lsga ~ _ ?1..
My Ccwmisdon Erpwes Jos. 29, 19g2 ~ ~ ` _
~,w COtrtM1S$ION EXPIRES=
Notary i°rrblic. S ate of orido at Lotgi_ ' vt
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