Loading...
HomeMy WebLinkAbout0364 y 15. This mortgage also secures any and all renewals and extensions of the promissory note referred to herein and secured hereby, and all installments thereof, and also any other notes which have been or may be given to the Mort- gagee by the Mort;agor, and any other indebtedness of the Mortgagor to the Mortgagee which, however, shall not exceed at any one time the aggregate unpaid principal sum of ...f.I.F.TY...T.NAUSAN.D..ANQ . N0./.lOflr--.--r---r... ------------------------------------------------bOLLAR3 (S.SU.,U.UQ.A(1......). it being the specific intention that [urther advances may be made by the Mortgagee at its option to the Mortgagor, either prior to or after the due dates of the above referred to promissory note hereby secured: and this mortgage is given for the specific purpose of securing any and all indebtedness by the Mortgagor to the Mortgagee in whatever manner the same may be evidenced or represented, until this mortgage is satisfied of recorcl; and all covenants and agreements con- tained in this mortgage shall be applicable to all [urther and future advances made by the Mortgagee to the Mortgagor and all other indebtedness of Mortgagor to the Mortgagee, and any and all renewals or extensions tber~t. 16. If all or any part of the property or an interest therein is sold or transferred by Mortgagor, excluding (a) the creation of a lien or encumbrance subordinate to this mortgage or (b) the creation of a purchase money security inter- est for household appliances, then, in that event, the then outstanding principal balance of the note secured by this mortgage. together with accrued interest, coats and future advances, it any, shall immediately be due and payable. Any such transfer or conveyance made without satisfaction of this mortgage shall constitute a default under the note and mortgage securing same. 17. It Mortgagee deems itself insecure, or upon the happening of any' of the following events, each of which shall s constitute a default hereunder, all liabilities of each Mortgagor to Mortgagee shall thereupon or thereafter, at the option { of Mortgagee, without notice or demand. become due and payable: /a) the death of any Mortgagor (which term shall mean and include each Mortgagor, co-maker, endorser, surety and guarantor of this mortgage); (b) the filing of any petition under the Brankruptcy Act, or ang similar federal or state statute, by or against any Mortgagor; Ic) an appli- cation for the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the ' insolvency of any Mortgagor: (d) the entry of a judgment against any Mortgagor; (e) the issuing of any attachment or garnishment against any property of any Mortgagor; (t) the taking of possession of any substantial part of the property of any Mortgagor at the instance of any governmental authority; (g) the dissolution, incompetency, merger, cor?solida- tion, or reorganisation of any Mortgagor. 18. This Mortgage Deed and the note it secures shall be construed only under the laws of the State of Florida. PROVIDED ALWAYS, and this mortgage is on the express condition, that if the Mortgagor shall well and truly pay unto the Mortgagee the said sum of money mentioned in said promissory note referred to herein and secured hereby and any renewals or extensions thereof, any further advances and any other indebtedness referred to herein, in what- ever form, and the interest thereon as it shall become due, according to the true intent and meaning thereof, together with all costa, charges and expenses, including a reasonable attorney's fee, which the. Mortgagee may incur or be put to in rnllecting the same by foreclosure or otherwise, or in protecting the security of the Mortgagee, whether by suit or otherwise and shall well and truly keep, observe, perform, comply with and abide by each and every the stipulations, agreements, rnnditiona and covenants of said promissory note and this mortgage as and when required thereby then this mortgage and the estate hereby created shall cease and be null and void, otherwise the same shall remain of binding force and effect. IN WITNESS WHEREOF the said Mortgagor has made, executed, sealed and delivered this mortgage on the day and year first above written. Signed sealed and delivered is p nee of: . ..J?.'~/ . ~ II ~ ti . H ~N~Y 4 SEAL) ! (SEAL) j EBECCA .HENRY t i i (SEAL) ~ } (SEAL) r STATE OF FLORIDA m COUNTY OF MART I N ~ Before me personally appeared RICHARD B. HENRY and REBECCA C. HENRY to me well known and known to me to be the individual or individuals described in and who executed the foregoing_Mort-. gage, who acknowledged before me the execution of the same- freely .and voluntarily for the purposes therein ~ WITNESS m hand and oAicial seal this ~ • y ~.7..... day of ~Une t19 Notary Publi NdfAftY /t111.K Si ~f IAgG!_ My Commission Expires: ~ C~QMWSSIOR+: ~t~, r13 ilafi~ = s fly lttfrtl Cafi~l7ll ~ttt;~llgllf3~' STATE OF FLORIDA y<~ i ~ z tJOUNTY OF es t`` • - - i I. a Notary Public. hereby certify that . . ~ personally appeared be[ore me, and ` being duly sworn acrnrding to law, acknowledge that they are " and respectively, of the Mortgagor herein named, that they are ~ duly authorized to execute. acknowledge and deliver the said mortgage for the purposes therein expressed. , r IN WITNESS WHEREOF. I have hereunto set my hand and affixed my notarial seal thin day ot A.D., 19....-. Notary Public t My Commission Expires: 8(b~K c~>4 PACE 364 }