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Home My WebLink About0200 . 11 1S MUTUALLY AGRI•:FD THAT: (lI If the said Mortgagor shall fail or neglect to pay installments on said Pr missory Nute or on any other sdvana or ~~blcgation which may be secured hereby as the same may hereafter become due, or r.pon default in performance o a0y apeementihercunder, or upon sale or ocher disposition of the premises by Mortgagor, of should any action or proceeding be filed in any court to enforce )f lien on, claim asainst or interest in the premises, then all sums owlct~ by the Mortgagor to thr Mortja~ee under this Mortgage or under the Promissory Notr secured hereby shall immedrately bernme dur and payable at the optton of the Mortpgee, on the application of the Mo , or assignee, or any person who may be entitled to the monies due , ctxreon. In such event the Mortgagee shall have the right immediately to forecbse this Mortaate accordirr~ to law for the collection of the whole amount of 4 chr indebtedness and interest thereon plus reasonable attorney's fees costs atbwed by law and any amounts sdvanced pursuant to this Mortgage. ?2? Mort~or asrees to wrnnder posxssion of the hercinabove described premises to the Purchaser at the aforesaid sale, immediately after wch sale. in the rvrnt such possession has not previously been wrnndeted by Mortgagor, and for failure to wrnnder possession, will pay to Purchaser the reasonable rental value of the premises during or after the redemption period. In the event said premises are sold by Mortgagee, Mottgs~or, if a sinner of the Promissory Note, shall be liable for any deCtclency remaining after sale of the premises, and application of the proceeds of sand ale to the rndebtedness secured and to the expenses of conducting said sale, including attorney's fees and legal expenses if allowed by law. t41 Whenever, by the terms of this instrument. Mortgagee is giren any option, such option may be exercised when the right acerues or at any time thereafter. .uid no acceptance by Mortgagce or payment of indebtedness in detiult 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 duly perform aU the covenants :u+d agreements herein. then this conveyance shall be null and void and Mortgsate will, within the statutory period after written demand therefor by NortgalCOr, execute a release or satisfaction of this Mortgagee. t6? Notwithstanding anything in this Mortgage or the Promissory Note secured hereby to tlx contrary, neither this Mortgagc nor said Promissory Note shat! 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 contrary shall be of no force or effect. + 7 t All Mortgagors shall be jointly and severally liable tot tutfeUment of their covenants and agreements herein contained and in said Promissory Note. i +81 1f any Debtor is a muried person, he represents and warrants that this instrument hu been executed on his behalf, and that he has not executed the same as surety for another. +9? F:ach of us, whether Principal, Surety, Guarantor, Endorser, or other puty hereto, hereby waives and renounces, each for himself and family, any and all hr~mestead or exemptan 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 Jtaces, or any right m the nature of dower or curksy, of any statutory substitute therefor as against this debt or any renewal thereof. + l0? 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 unmediately become due and payable. IN WITNESS WHEREOF the said mortgagor has to these presents set hand and seal this date ~ ~ f 2 3~7~ This Mortgage wasprcpuedby ~ebora_h '`;e~^,t On, ~RLI~ S. r''eC~er21 L?t~•., . , StLiC~Z~~ , T•'Z ~?~94 (Name and Address of Natural Person Preparing Mortgage) S';q,tecl, Sealed and Delivered ' the presence of { } • 1 -1 ~ ~ (SEAL) Wirness John , T ich €~elr ~ G (SEAL) fttitness ts'rt~ I ~mela A. ?~,icl:~lason ACKNOWLEDGEMENT i _ ~ 1 ~ TE OF FLORIDA, COUNTY OF - art ire ss. j 1 Hereby Certify that un this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take e.knuwledgments, perwnally appeared Jorn S. ':iChol~.oori ,,,d ~.~RfiJl'le~a r?. =;iC},-~l~~~ri to me known to be the perwn(s) ~i~~stribe~~in and whu~executed the foregoing Mortgage, and acknowledged before me that the' 7 executed the ~/?fi~. " ,v Witness' my harts Viand official xal in the County and State last aforesaid this 2 fir.,-~ day ~ . . ay tomrnisswr.:x ¢s lid. 3. 1'~:'~( h,v COMMISSION•EXPIRES: --.y.__~ - ~~~~1. C~~~~C~CL Notarv Public. Stale of Florida at /.arse. ~ ~ ~ ~ ~ ^ j _ o ~ b ~ ~ nn ~~11nn p u ~ ~ ~ ~J I+U 28 a~ ~ ~ 27 ~ A ~ ~ FlLEO Ni ~EC4rti~c li I ~ ~ ST lU E COUNTY. Fl Jl ~ I ROG R POtTftAS O i ~ CLERK CIRr,;'T C^L`~T ' 4 SCR? t'~ F' ~ ~ ~ - - ~ ~ r ~ ~ ~ e~'?S ~ O , 4`7413 y ~ - .d,o7 ~ o ~ b O ~ ~O ~ ~ ~ r I p,a l ~ r 1 1 I ~y I + ~