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HomeMy WebLinkAbout1686 t ter. I~I IS MUTUALiY 11GR[:FA THAT: (t) If the said Y dull :stt or aeSiect to pay iastaWtsertts oa syO.I' ry yak other advance at ,.bli~rtbt: which may be second hereby ss tbo same mr~y hereafter upon defaWt in per[oraua«Ied~tl~~~iiiht . ar upon sak _oc other disposition of the premises by Yorip~or, oc slRwid any action ar be fibda~ nay court to eafal~ lJ on. tatErest is t!w premises. thiea alt wins owlntby the Yortpjor w the Y under this hlort~e ar under the PranissoRy Note aswtcd heresy irGmediately become ~ due and payable at ebe optfort of the Yortdssee, oa tbso ~~~iwtion of tM Yortaaaee, a assiptee, or any potaas who ntav M eatitbd to tho n~toniea due thereon, a such Brent the Yortpdee shall bare the riElst inntedlaesly to foscdose tbit llotf~ aoooMinj to law fa the wllection of tM whole arnannt of the indebtodaoss and btterest thereon pus eoasouabb attoroeyR fees costs aUosrod by Tarr and nay tunotrats advartoed pncstsaat to this MottSsSe. (2) Yozt:agor ajroes to wrsertder- scion of the herrinabore descrbed pieadses to the rurchaaer at the-atoreaaid sale. immediatey alter sndt sale. is the event such _ p ~tdi~ «p~ ~ ~ n wmndered by Yort~or. and [or faihrre to siurendu pas:asioa. rvW [ay to Pmrch~ser the reas~onebk reaW k vapte of the option pajod, (3) In the Brent said premise: are sob by Yort~ee, Yortdador shall be Babb [ot nay -1eRciettcy remairtirt; aAar sale of the premises, and sppliutioet of the proceeds of said sale to the iadsbtedaess socnred and to the expenses of conductirts said cab: inchtdinS attorney's [ees and kpl expenses if agowed by Tarr. (1) 1Mhenor'ar. by the terms of this irutrumeat. Yatas~ee is Siren anyy option, ruclt option may be exercised when the r~ht aocttses or at nay time iherea[ter. ' by -Yort~ea or payment of btedrsest Y defmrlt :hall ooustiOtle a waiter of any default then axistioS and onsrtinuitY of thereatmr (5) If Yort;aSor smll pay ssid 1'romi:sory Note at the brae and b the meaner aforesaid~aad shall abide by. comply wiW, and duly peetorm a8 the cotenants i and tSnemeaq herein, tlsen thie conveyaaas shaft ba null arrd to~id and YottSsoee will, within the statutory period algst written demand therefor 6y hlortpSor, exearte a release or astistactioo of this YoryaSe. (SD Nat.rtthstsadiaS any n thh Yort~e.or the l4omissory Note secured ltsi+cby to the contrary, aoithar this Yo~rtaae nor said lromissory Note s1uR be deemed to ' oa the nay eblr,atioa of paymdrt, except to the extent that the same may 6e bpalr aaforoeabte, and nay provision to the contrary styJlof rro fosce Ar Yort~ors shay be idntb and severa9y !sable for ful6tinreat of tMir ootenaats and aSreements herein aoertained and in said Promissory Nom. (8) If ear Debtsx is a married woman, she repraeats and warrants that thk ~trtrmeAt hss been executed oa her behalf. and that she has not exewsed the same ss surety for another.. - - (9) Each of rts. whether Prioapal, Suttgr, Guarantor: Eodarser, a other party hereta, hereby wastes and renonnas, eadt for himself sad family. aoy aad alt E tx>nrestaad a exesaption rights ettber of us Ern Hader or by rlrtrse of the Coastitutioa or Laws of aqy State, or of the United States. or our rijht iA the nature otdower a wctesy, or_aay statutary wbstituoe theeefor ss ~t this debt aE nay renewal tlrereoL (JO) la Ilse event the YortSaSor(s) transfer(:) the orruership of the said pranises, or any part thereof. the enure unpaid balarrca of the debt securod hereby shall immodiatady become due and F.,;~•abb. _ - tN Vlp'FNESS WHtiREOF the said awrtpSor bas to .these pteseats set head and seal this date 1-2~5+8~ spa smart ~,ta ~ iR ~ - ~ _ _ ,~;,'~~~~4c~ yo ti,; the prrsuroe of_ _ _ _,~'~ss,' ~ r ' - l~''~ (SEAL) . ~ ' ~ ACKNOWLEDGEMENT _ - - STATE Oi~ FLORIDA, COUNTY OF Saint Lucie ~ 1 Hereby Certify that trn this day before tne, an officer duly authorized in the State aforesaid and in the County aforesaid- to take a~k~rovrledgsnents, personally apprared Nee Ethel Slates - - to me known to be- the person(s) described in and who executed- tlw foregoing Mortgage, and adcnowkdged before me that She ' exerused the same. - Witness my hand and official seal in the County -and State last aforesaid this d3y of Janutnry A.D. f9 ~ - - Netwy lyMe tisase et lMy. ai larN M5Y t:OMMiSSttHV E XPtRES: ~ ~ ~ 11912 - G/.• - Nodry Arh/ic, t N- 4rsc. - ~ c C ~ .r,' ~ c o ~ a ~ ~ ~ q L ,?o - ry - c ~ ~ ~ q~1 JAN 2$ !2 6 . ~ y a. i 4 I ?b - S It C~~C~At~ i ' ~ C C~WT_ T © rrl t~Rk RtFtEO ~ r - ~ ~ ~ - ~~411 ~ v ~ - ~ - t~ I