HomeMy WebLinkAbout1361 I 1 Is ~IUll~A1.LY AGRF:h.D TIIAT: Ill If the said Mortgagor shall fail or neglect to pay installments on said Promiswry Note ur un any other advamY or
~~!~I~Kaliur. which may be secured hereby u the ume may hereafter become due, or upon default in pe~fegp y,~e under. or upon sale or
;~rlirr dtspositiun of the premiers by Mortgagor, a should any action or proceeding be filed in any court to y Iren st or interest in the
premixs. then all wms rnwiryt by the Mortgagor to the Mortgagee under this Mortgage or under the Promisso secured ere all immediately become
.lur and yabk at the optwn of the Mortgagee, on the application of the Mortgages, or sssigiree. of any person who may be entitled to the monies due
rhrrrun. In such event the Mortgagee shall have the rrght immediately to forecbse flu's Mortgage according to law for the collection o[ the whole amount of
?hr indebtedness and interest thereon plus reasonable attorney's fees costs albwed by law and any amounts adranoed purwant to this Mortgage.
1'? Mortgagor agrees to wrnnder possession of the hereinabove described premises to the Purchaser at the aforesaid sale, immediately after such uk, in the
~•srnt wch posxssiun has not previously been wrrcndered by Mortgagor, and for failure to wrrcnder possession, will pay to Purchaser the rcawna_bk rental
valor of the premises during or after the redemption period.
13? In the event said premises arc sold by Mortgagee, Mortgagor shall be liable for any deficiency remaining after sale of the premises, and applicatwn of the
proceeds of said sale to the indebtedness secured and to the expenses of conducting sail sale, including attorney's fees and legal expenses if a11ot<rd by law. ;
141 Whenever, by the terms of this instrument, Mortgagee is giren an option, wch option may be exercised when the right accrues or at any time thereafter,
end no xceptance by Mortgagee or payment o[ indebtedneu in default shall constitute a waiver of any default then existing and continuurg or thereafter `
acrruir?g.
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l5? If Mortgagor shall pay said Promissory Note at the lime and in the manner aforeuid and shall abide by, comply with, and duly perform all the cotenants
and agreements herein, then this oDnreyartce shall be null and roil and Mortgagee. will, within the statutory period after written demand therefor by
~lurtgagor, execute a release or satisfsction of this Mortgage.
t61 Notwithstanding anything in this Mortgage or the Promissory Note secured hereby to the rnntrary, neither this Mortgage nor said Promissory Note shall be
drrn?ed 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
~untrary shall be of no force or e[fect.
I7? AU Mortgagor shall be jointly and severally liable [or fulfillment of their covenants and agreements herein contained and in said Pmmtswry Note.
?x? If any Debtor is a muried woman, she represents and warrants that this instrument hu been executed on her behalf. and that she hu not executed the
same u wrety for another.
l9? Each of us, whether Principal Surety, Guarantor. Endorser, or other pury hereto, hereby waires and renounces, each for himself and famly. any and all
homestead of exemption rights either o[ us have under or by rirtue of the Constitution or Laws of any State, or of the United States. or any right in the
nature of dower or curtest', or any statutory wbstitute therefor as against this debt or any renewal thereof.
? ll?? In the event the Mortgagor(s) transfer(s) the ownership of the said premises, oc any put thereof, the entire unpaid balansx of the debt secured hereby
shall immediately become due and payable.
IN W17NESS WHEREOF the said mortgagor has to these presents set hand and seal this date o
s
Sig,red, Sealed attd Delivered in the presetrc~e of
n J ~ ~
(SEAL)
fVitnea ~ P° A/a?taggu?
(SEAL)
- - Mlitntss ~ ggb?
ACKNOWLEDGEMENT
ti T,-ATE OF FLORIDA, COUNTY OF 1.L1_1 c t ~ ss.
1 Hereby Certify that rsn this day before me, an officer duly au oriZ~n the State aforesaid and in the County aforesaid to take
a~knuwledgments, sonally appeared
:,red ~ to me known to be the person(s)
de,~:ribed in and who executed the foregoing Mortgage. and acknowledged before me that -r w 1 executed
the same.
Witness my hand allnd official seal in the County and State last aforesaid this f day
,.f _ ~~~~'LCL~ A.D. 19_~ i .
NOTARY PUBLIC. STATE OF FLORt^A iAC;~,~ •s' %'jrrrrHr.
MV COiNMISStON ZurP~pES UEC 't). r5 :1 ~la •Lt i~.',•/. ~i~, •
MY COMMISSION EXPIRES:
Notary Ptrblrt. State ojFlorida t.'~
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