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HomeMy WebLinkAbout1478 IT tS MUTUALLY AGREED THAT: II the said Yort~or shall fail or negkct to pay instailrnepts on Promissory Note or on sny other advance or obligation which may be secured herby as the carne may hereafter become due, or upon default in pert of aAr N under. or upon sak or t other dispositbn of the premises by Mortgagor, or should any action or proceeding be filed in any court Nlapto y Ikn arrut or interest in the premises, then cell sums owrn~ by the Mortgagor to the Mo under this Yor+pde or under the Promissory o secu sU immaiiatepr become , due and payable at the optroa of the Yortpges, on the aP'ation of the. Yort~a~ee. or assignee, or any person who may be entitled to the monies due 's therefp. to such event the Yortfr@ee shall bare the right immediaMly to torecbse this Yortp~e according to law for the collection o[ tba wlwb amount of the irrdebtedpess sad interest tlarton plea ecasaubk attorpey's Tees costs aibwed by law and spy amounts advanced pursuant to this Yortgye. tgagot pion r event awch that r~at~rerbwly beep surrendered by Y ~ ~mises to tlse Purchaser at the aforesaid sale, ipmediately after such sale, in the value of d orpafter the red trop orgagor. and for failure to surrender posses:iort. wW pay to Purchaser the reasonable rental P ~ ~P • l~• (3) In the event said pcapises aro soW by Yor~ee. M , !f a signer o[ the Promissory Note, shall be liable for spy deficiency remaiping after sab of the `premises, apd appticatbn of the proceeds of said ab to the ipdebtedneu secured and to the expenses of oondncting said sale, inctudhtg attornry's fees and le@al ~ expenses if albwed by la~v. t4> Whepever. by the terns o[ this iratrumart, Yortgsgee a given an option, such option may be exerceed when the right atxrues or at any time thereafter, ' and no atxxptapce by Mortgagee or payment of ibdebtedpess b default shall constitute a waiver of spy default then exeting and coptinuirrg or thereafter i aCCnJlpg. t5) If Yorigsgor chap pay said Promissory Note at the time and in the mapper aforesaid and shall abide by. comply with, and duly perform ail the txmnants I and sgrcemepts herein, then this aonreyartce shall be null and roid apd Mortgagee will. withip the statutory period after writtep demand therefor by Mortgagor, execute a retrace a satetactioa of this Mortgage. l6) Notwithstanding anytlu~ m this Yortgege or the Promissory Note secured hereby to the contrary, neither this Mortgage nor said Promissory Note shall be deemed to impose on the lorgagor spy obligation of payment, except to the extent that the same may be legally enforceable. and any provision to the contrary shall be of ao tome of effect. !7) AU Yortgagon shall be jointly and severally liable for fulfillment of their covenants and agreemepts herein contained and m said Promissory Note. (8) If any Debtor u a married person. he represents and warrants that this instrument has been executed on his behalf, and that he has not executed the same as surety [or apother. !9) t:ach of ra, whether Principal, Surety, Guarantor, Endopet, or other party. hereto, hereby waives and renounces, each for himself and famr7y, any and all homestead or exemption r)glsts in the property oomeyed hereunder, either of us have under or by virtue of the Constitution or Laws of any State, or of the United States, or any right m the nature otdower at curtest'. of any statutory mbstitute therefor as against this debt or any renewal thereof. i l0) In the Brent the Mortgagor(:) transfer(s) the ownership of the said premises, or any part thereof the entire unpaid balutoe of the debt secured hereby shall immediately become due and payable. . IN WITNESS WHEREOF the said mortgsgor has to these precepts set hand and seal the date ~-~9-~0 This Mortgage au prepared by Tfahhi a Alsznrten _ 1848 S ~ F@$@rtrl Aw_ _ StssArt _ FT. .~~4Q4 (Name and Address of Natural Pe w'n Preparing ortgage) Signed, Sealed and DeG >n the.presenee of ~ ( Q~ ' 1~ 'z ~ V c!-~~ (SEAL) Wirn Charles V. Dola17~"'~~' _ X ~ G~-lcT.~C/ (SEAL) 'me Susan E. Dolan Mwrgaaor . , r-+s -rte ACKNOWLEDGEMENT . STATE OF FLORIDA, COUNTY OF Idartin u. t.~~ ~ 1 Hereb Certif that on this da before me, an officer dul authorized in the State aforesaid and in'the Count aforesaid to take j Y Y Y Y Y ~ acknowledgments, personally appeared Charles V. Dolan and _ Susan E. Dolan to me kn it be the person(s) _ ~ dex:ribed in and who executed the foregoing Mortgage, and acknowledged before me that the have ``=5~~ i~°''•~xecuted ttlZ SaiTre. iti:~1:~Lh' sag's . cq, ,n Witness my hand and official seal in the County and State last aforesaid this 0" ~ d ! ~ day „i June A.D. 19 80 . ~j~,~'~ ~ _~x, r 10~~`~ i ~y Pu1>rK. Stars o1 Florida at D~ _ _ . -..n== y (omrriszion Expires O:t. 3. 13~~ ~ t ~ MY COMMISSION EXPIRES: ~d b w~'•""• fw a Gwir G.eww ~ ~ ~ Notary Pirb/ic. Stott of Florida at Lort• ~ ~ ~ a I I I) ~ ~ ~ gp 23 Ace ~ 2 0 , ? ~ _ ST UCI CWNT . A. t"' r t CUIT ~ T ~ ~ - CL RK CIR A ~ RE RR RIFIER a ' 4905 ~ - ~ ~ ~ ~ t~ 1 4 0 : 3 Psi ~_1~, ~ :s=~.