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HomeMy WebLinkAbout2291 I1 IS MUII'ALLI' AGRtI.I) IilAf~ ell If the said Mortgagor shall fail or neglect to pay installrrren t?u saW„Nrw?tawty~Vulr,yr an any other adsance or ,d,hKaUur. which nsay br ucurcd heuby v else sanse may hereafter become dur, or upon Default in pedurnnQcr of ar?y a~setgarrt,,hrrcunJrr, ur upon sale of „th~•c disposition of the premises by Mortgagor, of slwuld any action ur pruaxding be ttkd in any court'tAln l! any liedol; clam against or intrust in the premises, then all wms owing by t!sc Mortgagor to the Mortgagee under this Mortgage or under the Promissory Nate secured hereby shall immediately hecome dur and payable at the option tit the Mortgagee, on the appliation of the Mottga~ee, or assignee, of any person who may be entitled to the monies due thereon. In such event the Mortgagee :hail have the right immediately to foreclose this Mortgage according to law for the collection of the w•huk amount of the indebtedness and in(erest thereon plus reasonable attorney's fees crosts albwed by law and any amounts advanced pursuant to this Mortgage. I_'? !?furlgagur agrees to ssrrtender po~srssion of the hrrcinabuve described premises to the Purchaser at the aforcuid sale. immediately after such tale. in the r"ent wch possession has nut previously txen wuendrrcd by Murtgagur, and fur failure to surrender p~asesaiun, will pay w Purchaser the rrasonabk rental :slur of the premises during ur after the redemption period. 13? In the event said premises arc wW by 111ortgagre, t?lortgagur shall t+r habk for any drficn•ncy remaining after ssk of the premises. and application of the pr~K~eeds of said sale to the indrbtrdnr>, secured and to the expenses of conducting sail sale, including attorney's fees and legal expenses if allussrd by law. t4? Whenever, by the terms of this imtrurxnt, Mortgagee u given any option, wch option may br exercised whin the right accrues or at any time thereafter, and no acceptance by Mortgagee or payment of indebtedness in default shall ~ronstitute a waiver of any default thin existing and continuing or thereafter •_rcuing. I S ? 1 f Mortgagor shall pay acid Promissory Note at the time and in the manner aforesaid and shall abide by, comply with, and dory perform all the covenants and agreements herein, then this conveyance shall be null and void and Mortgagee will. within the statutory period after written demand therefor by Mortgagor, execute a release or satisfaction of this Mortgage. i t(.? Notwithstanding anything in this Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be deemed to impose on the Mortgagor any obhgatiun of payment, except to the extent that the same may be legally enforcrabk, and any provision to the .untrary shall be of rro force or effect. ~ 7? AU Mortgagors shall be jointly and severally liable for fulfillment of their rnvenants and agreements herein contained and in said Promissory Note. tx? If any Debtor is a muried woman, she represents and warrants that this instrument hu been executed on her behalf, and that she hu not executed the ,::mr as wrcty for another. t v? Each of us. whether Principal Surety, Giurantor, Endorser, or other putt' hereto, hereby waives and renounces, each for himself and family, any and all homestead or exemption rights either of us have under or by virtix of the Constitution or Laws of any State, or of the (?nited States, or any right in the nature of dower or curtery, or any statutory substitute therefor as against this debt or any renewal thereof. I Itl? In the event the Mortgagor(s) transfer(s) the ownership of the said premises, or any put thereof, the entire unpaid balansx_ of the debt secured hereby shat! immedutely becorrle due and payable. IN WITNESS WHEREOF the said mortgagor hu to these presents set hand and seal this date 12-21-?9 i ~ Signed, Sealed seed Delivered in the presence of • , ~ • • . Witness ~ ~ (SEAL) ~'I it 1i10i?talgegl'' j -s-~ ? i './f.c19/ r:'v~.~~~tf/X'~?~~s,~e (SEAL) Witness Mortangn? _ ~ _ ? I ACKNOWLEDGEMENT ~1:~7E: OF FLORIDA, COUNTY Of= St. Lctue ss i 1 Hereby Certify that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take a~i:nuwledgments, perwnally appeared Gerald J. Cont:annon ,,,d Iris L. Coneanrton to me known to be the perwn(s) ric.rnbed in and who executed the foregoing Mortgage, and acknowledged before me that they executed I h~ same. f ~ Witttess my hand :end official seal in the Cuunly and State last aforesaid this 21st day • I Decembers A D 19 79 - - - I ~ ~ Norary Prbrc Storrs of fiortdo of lard ~ ".~Y COMMISSION EXPIRES ~ ~~p f~p~r jttR ~ ( , ? 7~' Nola{?• PYrblic, State j f•' iJa at /ar,Ye. ~ ( r ~ ~ i i I I~ i ~ y ~~19 DE 27 =1~1 its 4 ~ ? i - I ~ ! p Y t A. ~ O ` ' S R E A POI~RA 0 I ~ ~ .i;: i ~ ~ y I~ if~ d C w y i 4'7Q~5 ! y z ! l ~ _ ~ i ? ~ ~ W ( ~ ~ ,r C I ~ N ~