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IT IS MUTUALLY AGREED THAT: (1) If the said Mortgagor shad fail or neglect to pay installments on said Promissory Note or on any other advance or
obligation which may be xcured hereby as the same may hereafter become due, or upon default in pertgrrrarta Vf arty agrttA t reorder, or upon sale of
other disposition of the premises by Mortgagor, or should any action or proceeding be filed in sny court ~ eilfo~s any Ireo 9p+against of interest in the
premises. then all sums owing by the Mortgagor to the Mor agae under this Mortgage or under the Promissory ore xcure rc y shall immediately become
due and payable at the option of the Mortgagee. on the gtlorl of the Mortgage, or assignee. or any person who may be entitled to the monies due
thereon. In such event the Mortpga shall have the nght immediately to forecbse this Mortgage acastdrng to law [or the colkctron of the whole amount of
the ir?drbtedness and interest thereon plus reawnabk attorney i fees cosu allowed by law and any amounts advanced pursuant to this Mortgage..
(2) Mortgagor agrees to wrnnder posxssion of the hereinabore described premises to the Purchaser al the aforesaid sale, immediately alter wch sale. in the
event wch possestion has not pmviously ban surrendered by Mortgagor, and for failure to wrnnder possession, wiQ pay to Purchaser the reuonabk rental
value of the premises during or aftec the redemption period.
13) In the event said premises are sold by Mort~aga, Mortgs~or, if a signet of the Promissory Note. shall be liable for any deCrciency remaining Jter sale of the
premises, and appliatan of the proceeds of sod sale to the mdebtedneu secured and to the expensex of rnnducting said sale, including attorney's lees and legal
expenses i[ allowed by law.
14) Wher?erer. by-the terms of this instrument, Mortgages is given an option, wch option. may be exercised when the right accrues or at any time thereafter.
and no acceptance by Mortgagee a payment of indebtedness in default shall constitute a waiver of any default then existing and continuing or thereafter
accruing. '
15) If Mortgagor shall pay said Promissory Note at the time utd in the manner aforesaid and shall abide by, comply with. and duty perform all the covenants
and agraments herein, then this conveyance shall be null and void and Mortgagee will, within the statutory period after written demand therefor by
Mortgalor, execute a release or satisfaction of this Mortgage.
(ti) Notwithstanding anything in this Mortgage or the Promissory Note xcured hereby to the conttuy, neither this Mortgage nor said Promissory Note shall be
deemed to impox on the Mortgagor any obligation of payment, except to the extent that the same may be legally enforceable, and any provision to the
.unwary shall be of no force or effect.
t 71 AU Mortgagor shall be jointly and severally liable for fulfillment of their covenants and agreements herein contained and in said Promissory Note.
(8) If any Debtor is a married person, lte represents and warrants that this instrument has been executed on his behalf, and that he ha: not executed the same as
surety for another.
19) Each of us, whether Principal Surety, Guuantor, Endorser, or other poly hereto, hereby waives and renounces. each for himself and family, any and all
homestead of exemption rights in the property conveyed hereunder, either of us love under or by virtue of the Constitution or Laws of any State, or of the United
States, or any right in the nature o[ dower or cutlery. of any statutory substitute therefor u against this debt or any renewal thereof.
t t0) In the event the Mortgagor(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 and payable.
IN WITNESS WHEREOF the said mortgagor has to thex presents set hand and seal this date 4~15~~
This Mortgage wu prepued by Zadie Rowe, 2502 S Fed Hwy, Ft. Pierce, Fl. 33t+50
(Name and Address of Natural Person Preparing Mortgage)
Signed. Sealed and Delivered in the presence of
' i ~ ~ .__c ~~7 (SEAL)
~ ,
~ Afortdage+ Joseph Paritisano
Witness
i
~ ~ (SEAL)
Moiratsgnr tfar~aret Pantisano
7ness
ACKNOWLEDGEMENT
STATE OF FLORIDA, COUNTY OF Saint Lucie ss
I
1 Hereby Certify that un this day before- me, an officer duly authunzed rn the State aforesaid and in the County aforesaid to take
' :?~knowled};rrtents. perwnally appeared osep~: Pantisano
and "ar~aret Pantisano to me known to be the person(s)
described in and who executed the foregoing Alurtgage, and acknowledged before me that they executed
the same.
Witness my hand and official seal in the County and State last aforesaid this '15~b.,, day
.f APril ~ A.D. ly 80 -u `~~'r
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1107ARV PUBLIC. STAT£ OF fLCAID/1 A7 LiR:3c ~ ~ ~ / _ ~t- ~ ~s'
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~ MV COsAMtSStON 67tPIRlsS GEG. t0. ryes
My COMMISSION EXPIRES=
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