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Home My WebLink About2241 ' • . Sik - 3. The ¦sortgagor oovenaats and agrees tb~t if _6s ~h'aU tail ~ pay said indebtedness or ary part thereof when ~s~ue, or shall tail to pertona gay coveaaat or asreat~a~t.pt tiii~ ia.teatrsent or the proasiNOSy cafe .soared hereby, the Mire iadebtederesa hereby .seared shall iawsediately bpaot~se doer parable, end oolisetible wltbout notice, at the optjoa of the niortaP~! or assiipns, re6ardiess of aaturttl? the mortgagee or his assigw may before or alter aatt~? ell Mid property without appnisement (the mortgagafving waived and assilctted to the mos~ages all rights of - sP~t> _ . t (t) at jadioial Mie ~ue+ruant to the provisiors ~ Z8 U.S.C. 1001 1 a) : or (n) at the optiaq of .the mortpapea, either 4r awtiaa atr by ~olidtation of sealed bidi, for tbe_ hlgLart earl best bld oomplytng with the teens of sale and assotaer of payment speei6sd is tbs paWisl~ed notion of sale` first giving fear weeb' notion of tM `titpq aermsr and place of sudt sale` by advertaeraeet not ley than once daring eao14_oi satd_fouc weaka in ~.oet+spaitae_p461ished er diasibated i4 tb. sotmty i, which said property i. sitastad, an other n~ios being.bse+gby tralred by the mostgagotr (and aid ~roetaapea, o: gay paeeots ant behalf of said rgaetgaaee, may bid wish the anpaid indebtedness evidenced br said gore). Said sale shall ba held at oar oa the property. to be wld or at the Federal, scanty, or city ooarthoass fa: the ooaaty in which the pe~opeet~ it located. The mortgagee ~ hee~eby authoriasd to e~oewte tar and os behalf of the asoetgagoer and to ds6vee• to the pttcdtMer at gads sale. a ari~iestt oonveyasoe at said. property, which eonveyanoe shall engrain rsdtals r to the 6appsnin fi of the detaalt upon ~rbieh the of tba power of sale Les+eiw Qrantsd depends; and the sa~ eseby ootasfi>etea and appoints the asoetgages or guy agent o: attoesey of the asoetgages, the agent~ps~~i~er is fact of said to make ssteh r~soitabi and to exscate said oonveyaaos spa hereby oovcnants and agree =bat the racitaL w roads shall be elEeaoal w bar all egaity or eight of eotiespdao, ~nertsad, dower, and all other exemptions of the mort~s~os, all of which are hereby expressly waived. and eetiverpd to ,the mortgagee; or _ _ - . (w) take any outer appropriate action pursuant to state or Fedenl statute either in stale or !'ederal court or otheewiae'4or ~t6e disposition of the property. la the event of a sale as bereiabefore provided, the mertgagor or an)r pstsans in possessios mdse the mash gager sbaD t6ea become and be teaaab holding-over and shall forthwith deliver possession to the purchase: at each sale or be snmas~rily dbpossessed, in aooordanoe with the pravisiasta of law applicable to tenants hohliag over. The power and agency het+eby granted are e~oupiai with an mtas+est and are irrevocable by death or othenrise and are grafted M cmm~lative to the rmttedies for oaUgetion o[ Mi<Liadsbtedpw provided b)r law. 4. T1re psrtoeeds of any sale of said property in aooordanoe with the preceding paragnpbs a6aU bs applied first - - to Pay the costa and expenses of said sale; flee a:peera inoarred br the mortgagee for the purpose of proteeling ~ main- taiaiag said Property. and r+easoaable attorneys' fees: aeooadly, to Parabe istdesirtednas secured hereby.; and thirdly, to pay gay aarplns or euesi to the person or persons legally entitled thereto. S. In tbs evestt said property is sold at a jadieial foreclosure sale or pnesnant to the power of sale 6ereinabove granted, gad the proceeds an not atl6eiant to ply the total indebtedness secared by this irtatrnment and evidenced by said praseis~ory gate the asort6aaoe will be entitled to a deficiency jadgment for the amoaat o[ the deficiency roithosst nepwd to appniaemews. 6. Ln the event the mortgagor fails to pay any Federal, state, yr heal tax assessment, income tax or other tax lien, chugs fex, or other expense charged against the property the nwrtgagee is hereby authorised at his option to pay the same. Any cams so paid by the mortgagee shall be added to gad become a put of the principal amount of the indebtedness evidenced by said note subject to the same terms and conditions. Tf tbs mortgsgor shall pay and dischuge the indebtedness evidenced by said prostsitsory Hots, and shall pay sash sums and shall disehargis all taus acrd liens and the cosh, fees, and expenses of mal~ing, enforcing, and eroearting this nsottgage then this mortgage ~haD be canceled and snrrendeeed. The oovestaab herein eontaiaed shall bind gad the benefits gad advantages shall inure to ebe rrapective st~a eessoa and assigns of the parties hereto. ~lte:teve: geed, the siagalar namber shall iaclade tbs plural, the phrnl the singaLr, and the use of gay gender abaD isclade aD genders. 8. No waiver of any covenant herein or of tbs obligation secured hereby shall at an~~ time therratter be held to be a waiver of the terms hereof or of the note secured hee~y. . . 9. A jadieial decree, order, or jadp~teat bolding any provision or portiwt of this instrument invalid or uneu toroeable shall not in any way impair or pr~eclade the eaforoenrertt of the rerrtaiaing Provisions or portions of this instransent. 10. Any weittea notice to be issued to the aartgagor par~saant to ehs pe+ovisiaw a[ this instromeset shall be ad• deesssd to d'" esoetgagor at 3959 South Federal EIi May, Fort Pierce For des 333450- as~ soy written sues M he to tLe mortgagee shaD be add:ewsd to tbs maertgagee at P.O. Box 7, Jensen Beach, Florida 33457 Ot~N~ - -