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Home My WebLink About1871 1 I IS MUTUALLY AGREED THAT' f 11 If the said Mwtgagor shall fail ur nrgkct to pay installments on said Promiawry Nute or on any other advance ur ~~t~Irgatiun which may be secured hereby u the ume may hereafter become due, or upon default in performance Of any agr0ement hTrcurxier, or upon sale ur ,ether disposition of the premix: by Mortgagor, of should any action or praroeding be filed in any court to enfuree any !kn ore. ~sirt.a~gainst or interest in the )~rrmises, then all wins owing by the Mortgagor to the Mortgagee under this Mortgage or under the Promiswiy Note secured hereby shall immediately become fur and payable at the option of the Mortgagee, on the applicatwn of the Mortgagee, or assignee, or any parson who may be entitled to the monies due th~•reun. In such event the Mortgagee shall have the rtght immediately to forecbse this Mortgage according to law for the collection of the whole amount of thr mdebtedMss and interest thereon plus reasonable attorney's fees costs allowed by law and any amounts advanced pursuant to this Mortgage. t') Mortgagor agrees !o surrender possession of tM hereinabove described premises to the Purchaser at the aforesaid sale, immediately after such sale, in the rvrnt wch possession has not previously been wrrcndeted by Mortgagor, and for failure to wrrender possession, will pay to Purchaser the reawnabk rental vxtuc of the premises during or after the redemption period. i 3) In the event said premise: an sold by Mott~agee Mortgagor, if a signer of the Promissory Mote, sfiaU be iiabk fa any deficiency remaining after sale of the prrmisrs, and application of the proceeds of sod sale to the indebtedness secured and to the expenses of conducting said sale, including attorney's fees and legal expenses itallowal by law. ta) Whenever, by the terms of this instrument, Mortgagee u given any option, wch option may be exenised when the right accrues or at any time thereafter, .aid no acceptance by Mortgagee or payment of indebtedness In default shall constitute a waiver of any default then existing and continuing or thereafter .r«ruing, ~ 5) 1( Mortgagor shall pay said Promissory Note at the time and in the manner aforesaid and shaA abide by, comply with, and duly perform all the covenants .,nd agreements herein, then this conveyance shall be null and void and Mortgagee will, within the statutory period after written demand therefor by ~turtgagor, execute a release or satisfaction of this Mortgage. t +t,) Notwithstanding anything in thi: Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be ,lei mtd to impose on the Mortgagor any obligation of payment, except to the extent that the same may be legally enforeYabk, and any provision to the .~ntruy shall be of no force of effect, i ~ 1 AU Mortgagors shall bt jointly and severally liable for fulfillment of their rnvenants and agreements herein contained and in said Promissory Nute. st i I f any Debtor is a muried person, he represents and wurants that this instrument has been executed on his behalf, and that he has not executed the same as ,uretr for another. ~yi each of us, whether Principal Surety, Guuantor, Endorser, or other puty hereto, hereby waives and renounces, each for himself and family, any and all tr,~mestead or exemption 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 titates, or any right in the nature of dower or curtesy, of any statutory• wbstitute therefor as against this debtor any renewal thereof. 1 In the event the Mortgagor(s) transferls) the ownership of the said premises, or any put thereof, the entire unpaid balance of the debt secured hereby shall immediately become due and payable. 11 WITNESS WHEREOF the said mortgagor has to these presents stir hand and seal this date 03114,0 i~his Mortgage was prepued by Nelda E. N:c gees 1848 S. Federal Ht+ry. , Stuart, FL 33494 (Name and Address of Natural Person Prepuing Mortgage) ~ignr•J. Sealed and Delivered in the presence uj C' ? ISFAI.) - hti Hf)<rold E..Thomson `N r / C _ ~ ~f5-~:(,Cl ~1~1 ~~lt ~~L~~~- " _'J (SEAL) WirnesY Mortgagor Marilyn J. Thomson ACKNOW LEDGENENT ~ ! il. OF FLORIDA, ('Oli~iTY OF ~?actin ss. Hereby Certify that on this day before me. an officer du{y authorized in the State aforesaid and in the County aiuresaid to take i~n„wledgments, perwnally appeared Harold E. Thomson and MarilynJ. Thomson - to me known to be the person(s) .i~•,~nbed in and who executed the foregoing Mortgage, and acknowledged before me that- ' 'thy executed I}te' ,ante'. - . Witrtess my hand and official xal in the ('aunty and State last aforesaid this _ 14th day - -----March _ _ A.D. l y _ 80 _ - - Notary Public. State d fir ;a at la:da *,l,~ _ - p~-t, 3, 1983 / / `•'v COMMISSION EXPIRES: MGM f ~ ~D°~ ~C~C~ ~~tr~l~'~~ _ .M1'orari• Puhlic, State of Florida ar l.argt. i ~ ~ A C ~ I T ^ ~ y ~ i ~ ~ 11 - 1980 LIAR ! 8 ~ 8 LL9A FE A ~fOfi ~r i f I M.ry Ecal~ Irl~a r" ~ ~ 4'79 5 ~ o f ~ II - . li ~ ~ ~ ~ ~I , ~ ~ ~ - • er~K pcc~ ~ •