HomeMy WebLinkAbout0502 Qrc~ t
IT IS MUTUALLY AGRF.F.D THAT: ll) If the said Mortgagor shall fail or neglect to pay tnstallmatts on tfti~ ~rorniswry ylt~~ ~~eon any other advance or
ubligatbn which may be xcured hereby as the same may hereafter become due. or upon default in perfotgr~f any apeod, ~ItlriA reorder. or upon sale or
other disposition of the premises by Mortgagor, or should any actbn or proceeding be filed in any court toe any lien against or interest in the
prcmixs, then cell sums ow~rnt~g by the Mortgagor to the Mot under this Mortgage or under the Promtssory Note xcured hereby shsU immediately bernme ;
due and payable at the optbn of the Mortgagee, on the nation of the Mor~a~ee, of assiptoe, or any person who may be entitled to the monies due
thereon. In such event the Mort~ee shall have the right immediately to fotecbs~e thu Mottpse accordirt= to law for the collection of the whole amount of i
the indebtedness and interest thereon plus reasoaabb attorney's fees costs albwed by taw and any amounts advanced pursuant to this Mortgage.
l21 Mortpgo[ agrees to wrrender Qossession of tEe hereinabove described premises to the Purchaxr at the aforesaid sale, immediately after wch sale. in the
event wch possession has rtot prevqusly been surnndered by Mortgagor, and fur failure to wrrender possession, .vviU pay to Purchaser the reasonable rental
value o[ the premises during or after the redemption period.
t3) In the event said premises are sob by Mortgagee Mortgagor, if a sdgner of the Promissory Note, shall be liable for any deficiency remaining after sale of the
oremises. and applkatioa of the proceeds of said sale to the tndebtedness xcured and to the expenses of conducting said sale, including attorney's fees and legal
cxpetues if allowod by law.
(4l Whenever, by the terms of ttis instrument, Mortgagee is even an option, such option may be exercixd when the right accrues or at any time thereafter,
an[l no scceptana by Mortgagee or payment of indebtedneu is default shall constitute a waiver of any default then existing. and continuing or thereafter ~
dCCluing. f
IS) If Mortgagor stall pay said Promissory Note at the time and in the manner aforesaid and shall abide by, comply with, and duly perform all the covenants
and agreements herein. then this conveyance shall be null and void and Mortgagee wiU, within the statutory period after written demand therefor by
Mortgagor, execute a rekax or satisfsctioa of this Mortgage.
i
t6) Notwithstanding anything b this Mortgage or the Promissory Note xcuted hereby to the rnntrary, 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 enforaabk, and any provision to the
~untrary stuiU be of no fora or effect. ~
t7) All Mortgagor shall be jointly and severally liable for twfiWnent of their rnvenants and agreements herein rnntained and in said Promissory Note. !
(8) If any Debtor is a muried person, he rcprexnts and wamnts that this instrument has been executed on his behalf, and that he hu not executed the same u
surety fa another.
t9) Each of us, whether Principal. Surety, Guarantor, Endorxr, or other puty hereto, hereby waives and renounces, each for himxlf and family, any'Yrid all
homestead 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
States, of any right m the nature of dower or curtesy, of any statutory substitute therefor as against this debtor any renewal thereof.
t IO) In the errnt the Mortgagor(s) transfer(s) the ownership of the said premises, or any put thereof, the entire unpaid balance of the debt xcuted hereby shall
immedutely bernme due and payable.
IN WITNESS WHEREOF the said mortgagor has to these prexnts xt hand and seal this date 09~gt7
This Mortgagewuprcparedby Zadie Rowe. 2502 S Fed.liwy. Ft. Pierce, F'1. 33450 't
(Name and Address of Natural Person Preparing Mortgage)
Signed, Sealed on Delive~ in the presence I
n66~~ ~u ~
Z~ (JW Ha~~ ~ 2 AI'1 45~~ C- (SEAL)
wi?nrss r~ra1Q1 P,obert L. Barton
Q '1 S
EIO~E
~~EITTRASA~
MCUiT CbURT n~ ~ ~ C~~~~~ (SEAL)
Wirnrss Rl'i'!It>! ~'ERIFtEt)_._ Mwraoaor Lynn N. Barton.
4tg629Q ,
- ACKNOWLEDGEMENT
tiTATE OF FLORIDA, COUNTY OF St. Lucie ss. ~ ~
i
1 Hereby Certify that on this day before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take
acknowledgments, personally appeared Hobert Z_ carton
E ,,nd Lynn ?arton, his wife to me known to be the person(s)
dexribed in and who executed the foregoing Mortgage, and acknowledged before me that they executed
the same.
t
Witness my hand and official seal in the County and State last aforesaid this 9th day -
tiOtllgICUR~rG S•t~;F~•rr-• ~ t~~'~. a• p
~07iGA AT lARij~ . a~ _
My GGMUt~SiON ExPiRc~ " • i s =
MY COMMISSION EXPIRES: _ uEC• t~. )J32 ' =
Notary Publrc. Starr o~ Flo?ido afjar~t '~.9-" ' $1`'
~ ~ % ~ i
I f ~
_
i C i
a p
i ~ t
I Q
~ ~
r
t ~ O
d
a >
o
~ ~ ~ ~
1 1 ~
~ ~ ~ I ~ r
j ~ ~ ~ i
~ ~
^ €
- ~
. 4 ~ ~ ~ I eno~~~ p
:;:3 yam. _ - -
`s