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HomeMy WebLinkAbout2346 d ~ ~ IT IS MUTUALLY AGREED THAT: ll1 If the said Mortga;or shall fail or neglect to pay installments on said Prorgisspry Npte Or ow an had sdvana of i ubGgation which may be secured hereby as the same may hereafter become due, or upon default in performance of sd)y~n/ herwt~~or Lpon sale or I other disposition of the pnmues by Mortgagor, or stlould any sction or proceeding be filed in any court to enforce an claim agains or interest in the t premises, then all wms owrll~ by the Mortgagor to the Mot under this Mortgage or under the Promissory Note xcured hereby shall immediately become due and ~yabk at the option of the Mortgagee, on the gt10r1 of the Mortgagee, 0< assignee, or any person who may be entitled to the monies due thereon. n such event the Mortgagee shall have the rl;ht immediately to foncbse thhiiss Mortgage scoording to taw for the collection of the whole amount of { the indebtedness and interest thereon plus teatonabk attorney's fees costs albwed by law and any amounts advanced pursuant to this Mortgage. (21 Mortgagor agrees to wrrender possession of )Ile heninabove described premises to the Purchaxr at the aforesaid sale, immediately after wch sale. in the event wch possession has no/ previously boon wrnndeted by Mortgagor, and for [ailun to wrnnder possession, will pay to Purchaser the reasonable renal value of the premises dutirlg or slier the redemption period. 13? In the event said premises are sold by Mortgagee, Mottga~or, it a signer of the Promissory Note, shall be liable for any deficiency remaining after sale of the premises, and application of the proceeds of said sale to tlst; tndebtedneas xcured and to the expenses of conducting said sale. including attorney's fees. and legal expenses if allowed by law. t 111 Whenever, by the terms of this instrument, Mortgagee is given an option, wch option may be exercised when the right accrues or at any time thereafter, and no acceptance by Mortgagee of payment of indebtedness in default shall constitute a waiver of any default then existing and continuing or thereafter accruing. i5? If Mortgsaor shall pay said Promissory Note at tha time and to the manner aforesaid and shall abide by, comply with. and duly perform all the covenants and agreemenu herein, then this conveyance shall be null and. void and Mortgagee will, within the statutory period after written demand therefor by Mortgsltor. execute a release or satisfaction of this Mortgage. ~6? Notwithstanding anything in this Mortgage or the Promissory Note second hereby to the contrary, 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 prorision to the contrary shall be of slo force or effect. 17? AU Mortgagor shall be jointly and severally Gable for tulfiUment of their covenants and agreements herein contained and in said Promissory Note. 181 If any Debtor is a muried person, he reprexnts and warrants that this instrument has been executed on his behalf, and that he has not executed the same as surety for another. 191 Each of us, whether Principal, Surety, Guuantor, Endorxr, or other puty hereto, herby waives and renounces, each for himxlt and family, any and all homestead or exemption rights in the property conveyed hereunder, either of us bare under or by virtue of the Constitution or Laws of any State, or of the United States, or any right in the nature of dower or curtesy, of any statutory wbstitute therefor as against this debt or any renewal thereof. - ~ 10) 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 xcured hereby shall immediately bernme due and payable. IV WITNESS WHEREOF the said mortgagor has to (hex pnxnts xt hand and xal this date 4~16~80 This Mortgage was prepared by Zadie Rowe, 2502 S. Federal Hwy, Ft. Pierce, Fl. 33+50 (Name and Address of Natural Person Preparing Mortgage) Signed, Sealed ottd Delivered in the presence uj r-- 1 i .t ` - (SEAL) - Wttness ~ a°~ . ~ i ~ ~ (SEAL) Witness t~l~ ` • ACKNOWLEDGEMENT MATE OF FLORIDA, COUNTY OF Saint Lucie ss. - ~ 1 Hereby CMify that un this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take Danny J. Gooch e~I:nowledgments, personally appeared ,,,d Sally 1. Gooch to me known to be the person(s). ,ie,cribed in and who executed the foregoing Mortgage, and acknowledged before me that they executed the sarne_ Witness my hand and official seal in the County and State last aforesaid this 16th , s-~ y x ~ tti ~ ` ~ A F NOTARY PU611C. STf.TE G!' fLG?~~•~ a; .!':a ^ i ~ f MY COMMISSION EXFIR6S DEG. lC•. ;1i52 ~ - 4 ~ 0 MY COMMISSION EXPIRES ~ ~ ' - - A'otarv Pub c. State of Flaido at - ! y , c - • b ?y Q I ~ ` O .o : rat y 4~ 3'~ 4 ~ 21 r ~t ~ ~ ~ ~ i ~ ~ . ~ ST UCA C A, ~ ~ ~ ~i ' C~ ~ 'v to l~ cO T i ~ yJ Ril7lts lf!ED ~ o ~ , ~ ~ I ~ R