HomeMy WebLinkAbout2714 IT IS MUTUALLY AGREED THAT: (11 If the said Mottpgor shall fail of neglect to pay installments on said Promissory Note or on any other advance or '
obligation which may be secured hereby u the same may hereafter become due, or upon default in pertotmanp of, Y agtaeme under, or upon sale or
other dtspositron o[ the premise: by Mortgagor, or should sny action of proceeding be tiled in any court to eafortx Iron on. Y st or interest in the
premises, then all sums owl by the Mortgsgor to the Mottja~geeee under this Mortgage or under the Promrssory NofeYecuad hlrte `immediately become
due and payable at the option of the Mortgagee. on, the application of the Mortgagee. or assignee, or any person who may be entitled to the monies due
thereon. (n such event the Mort~ee shall have the rt)~tt immediately to foreclose thhiiss MortpRe aCcordu~ to bw [ot the collection of the whole amount of
the indebtedness and interest thereon plus reasonable attorney's fees costs allowed by law and any amounts advanced pursuant to this Mortgage.
(2) Mortgagor agrees to surnndu possession of the hercinabove described premises to the Purchaser al the aforesaid sale, immediately after such sale, is the
event such possession has not previously been surnndered by Mortgagor. and for failure to surrender possession, will pay to Purchaser the reasonable rental
value of the promises during or after the redemption period.
(3) In the event aid premises arc soW by Mott~agee, Mortga~ot, if a signer of the Promissory Note, shall be liable for any deficiency remaining after sale of the k
premises, and appliation of the proceeds of and ale to the mdebtedness secured and to the expenses of conducting said sale. including attorney's fee: and le6a1
expense: if allowed by law.
(4) Whenever, by the terms of this instrument. Mortgagee is given an option. such option may be exercised when the right acerues.or at any time thereafter,
and no acceptance by Mortgagee or payment of indebtedness in default shall constitute a waver of any default then existing and continuing or theroater
accruing.
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IS) If Mortgagor dull pay slid Promissory Note at the time and in the manner aforesaid and shall abide by, rnmply with, and duly perform all the covenants
and agreements heroin, then this conveyance shall be null a1W void and Mortgagee will. within the statutory period after written demand therefor by
Mortgsatot, execute a release or atisfsction of this Mortgage. i
(6) Notwithstanding anything in this Mortgage or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be
deemed to impose on the Mortgagor any obligation of payment, except to the extent that the same may be legally enforceable, and any provision to the
contrary shall be of no force or effect.
1') AU Mortgagors shall be jointly and severally liable for fulfillment of their covenants and agreements herein contained and in said Promissory Note.
(R) If any Debtor is a rnartied pcnon, he represents and warrants that this instrument his been executed on his behalf, and that he his not executed the same u
surety for another.
19) Each of us, whether Principal Surety, Guuantor, Endorser, or other patty 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 have under or by virtue of the Constitution or Laws of any State, or of the United
States, of anx right m the nature of dower or curtest'. of any statutory substitute therefor u against this debtor any renewal thereof. ;
t 10) In the event the Mortgsgor(s) transfer(s) the ownership of the aid premises, or any put thereof, the entire unpaid balance of the debt secured hereby shall '
immediately become due and payable.
IN WITNESS WHEREOF the said mortgagor has to these presents set hand and seal this date ~
This Mortgage was papered by ZBdie RpYe~ 2'j02 S. Fed Htty~ F't• Pierea, Fl. 33450
(Name and Address of Natural Perron Papering Mortgage)
Signed, Sealed and Delivered in the presence of .
(SEAL)
Witness Aloitlp4~ • '
y L ~ j y (SEAL)
witness ~t~gi0i' Faye Slone
ACKNOWLEDGEMENT
~T aTE_ OF FLORIDA, COUNTY OF St• LuC1e ~
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! I Hueby Certify that on this day before me, an officer duly autharized in the State aforesaid and in the County aforesaid to take
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acknowledgments, personally appeared John J• Slone
Faye Slone his tirife {
I and to me known to be the person(s) !
dexribed in and who executed the foregoing Mortgage, and acknowledged before me that ~eY executed
t lie same.
Witness my hand and official seal in the County and State last aforesaid this day
NOTARY PUBLIC, STATE OF FIORIpA AT LMOE • { ~ ~ ~T
4'Y COMMISSION EXPIRES= j(ILGQyI,11 - ;
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