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HomeMy WebLinkAbout2980 f ~ ` . [T IS MUTUALLY AGREED THAT: ll) If the said Motrtt~~gor shall fill or neskct to pay insW4ltents oa ~ueid Pr itsoiy Note or on any other sdrance or ' oblisatan which may be secured hereby as the same may lrereafoer ba~ome due. of upon defaul4 i~pp pp~~ ormanes,'Q[~iy ayeement hereunder, or upon sale or other disposition of the premises by Mortpsor. or should any sction or proceeding be tiled in any~~urf to enforce ~III?~tlerron. cWm against or interest in the premtfes, then aA sums owur~ by the Mortgagor to the Mor under thh Mortpse or under the Promiuory Note secured hereby shall immediately become due and payable at the option of the Mortgasa, on the anon o[ the Mort~a~e. of assignee. or any person who may be entitled to the mossier due thereon. la such event the Mortpdeo s1Wl have the right Lnm~ediataly to forccbse this Mortdaye accordtrr~ to law for the collection of the whole amount of the indebtedness and interest thereon plus reasonable attorney's fees costs albwed by law and say amount: adranad pursuant to this Mortgage. (2) Mortgagor agree: to wrreader possession of the Isercinabore described premises to the Purchaser at the aforesaid sale, immediately after wch sale. in the went wch pa~ssession has not previously bcen surrendered by Mortgagor, and for failure to seurender possession, will pay to Purchaser the reawnabk rental value of the premises during or slier the tedemptbn period. I (3) In the event aid premises arc sob by Mortsagee, Mortgagor, if a sinner of list Promisary Note. shall be Babb for any deficiency remaining alter sale of the ~ premises, and application of the proceeds of said ale to the iinndebtedness secured and to the expenses of conducting said sale. includins attorney': fees and kpl expenses daUowed by law. _ ' l4) Whenever. by the tettns of this instrument, Mortgagee is siren an option, such option may be exercised-when the right accrues or at any time thereafter, and no acceptance by Mortgagee or payment of it:debtedaess in default shall constitute a waiver of any default then existins and continurris or thereafter accruins. (5) If 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 oovenaats and agreements herein, then this conveyance shall be null and void and Mortgasee will. within the statutory period after written demand therefor by Mortsaltor, execute a release or satisfaction of this YorttOStee. t6) Notwithstanding anything m this Mortgagt or the Promiswry Mott secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be deemed to impose on the Mortgagor any oblisation of payment. except to the extent that the samt may be ksally enforceable, and any provision to the runtrary shall be of no force or etfecL 1 Al! Mortgasors shall be jointly and severally fiabk for fulfillment of their covenants and asreements herein contained and in said Promiaory Note. (R) If any Debtor is a tnarricd person. he represents and wamnt: that this instrument has been executed on his behalf, and that he has not executed the same as surety for anoWer. (9) Each of us, whether Principal. Surety, Guarantor, Endorser, or other party hereto, hereby waives and renounces, each for himself and family, any and all homestead or exemptan rishts b the property rnmeyed hereunder, either of us have under or by virtue of the Constitution or Laws of any State, or of the United States, or any right m the nature of dower or curtesy, of any statutory substitute therefor as against this debtor any renewal thereof. 110) In the event the Mottsasor(s) transfer(s) the ownership of the said premises, or any put thereof, the entire unpaid balance of the debt secured hereby shall immedutely become due snd payable. Ir WITNESS WHEREOF the said mortsasor has to these; presents set hand and seal this date - This Mortssse was prepared by ~ (Name and Address Natural Person Prep ortgase) i Signed, Sealed and Delivered in the presence of Ll'~ ~ (SEAL) Wetness • / ~ v (SEAL) iVitness ~ . 1 } ACKNOWLEDGEMENT i STATE OF FLORIDA, COUNTY OF ~ Tnrrt: u. 1 Hereby CMdy that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take ~ acknowledgments, personally appeared CERMIT M FITZ1t1ATER _ and IzARY E FI?'Zk~`ATER to me known to be the person(s) described in and who executed the foregoing Mortgage, and acknowledged before me that _ THEY executed the same. Witness my hand and official seal in the County and State last aforesaid this ~ - "''~~~j'~""~' day r `:CTAItY Pv8LrC. ST11TE OF yLORiDA AT iAi;3E r.:~f~` ~ j` ~ _ i MY COMMibBtON EXPiAi6 DEG t0. tY6'i t ~ ~ a MY COMMISSION EXPIRES: l~g~ ~ y ~ v" ,.y Notary blic, Staff of Florida df fi ~t ~ q ~ >Z. Ill ' z t ~ H ~ ~ ~ 0 0 a 3 ~ z ~ r . a H 'a H ~ ~ t=, ~ G7 d o ~ ~ ~ b ,r ~ ^ 9 ~ c~ ~ ~ fi ~ I a ~ ~ ~ ~