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Home My WebLink About08673. The mortg~gur cove~~ants and a~~ees that i~ he ah~ll fail to pay ~aid indebtednes~ or an~ pert thereo( when due, or shall fai) to pe~form any covenant or aK~eement ot this instrument or ihe promi~nory~ not~ secureJ hereby, the entire indebtedneas hereby~ aecu~ed ehall immediately become due, pa}~abie, and collectible wilhout notice. at the option ot the mortgagee or aseiKne, reKardleae o( maturity, and the mortgagee or hie assig~~e n~ay betore or a(ter entrv sell said property withoiu appraieeme~t ~ ihe mortgaRor havinR waived and at-aiKued to the mortRaRee all riRhla of appraisement) : 1 ~ 1 at judicial eale Nur~uanl tu the Nrovieions of 'l8 U.S.(:. 2W1 ~ a 1; ur ( u) at the option of the mortga6ee. either by auction or by solicitation of sealed bid~, for the highest and beat bid complyin6 with the terms of sale aad manaer ot payment speci6ed ia the published notice o! sale, fint Riving four weeke' notice of the time, terma and placr of Kuch sale, bv ad.r~lirrment not le~ tl~an uncC during each of aaid four weeks in a newspaper publiehed or dietribnt~d in the couAty in which said property is situated. all other notice being hereby waived' by -the mortgagor (and said mortgagee, or any penon oa behall of said mortgagee, may bid with the unpaid indebtednese evidenced by said note). Said ~ale ehsll be held at or on the property to be sold or at the Federal. county, or rity courthouse for the county in which the pmperty is located. The mortgagce is hereby authorized to ezecute for and oa beh~l! of the mflrtgagor and to deliver to the purchaser at such sale a suA'icient conveyaace of said propertr. which conveyaace ~hall contain recitals as t~ the happening of the default upoo which the execution of the power o[ aale hereia gzaaied depends; and the said mortgagor herehy constitutd and appoinb the mortgagee or any agent or attorney of the mortgaaee, the a6~nt and attorney ia fact o( said mortgagor to make such recitals aad to eaecute said coaveyance aad hereby covenants and agrees that the recitals w made ahall be eHectual to bar all eguity or right of redemption, homeatead. dower. and all other exemptiona o( the murtKa~tor, all o( which arr I~erehy ea~reaely waived and convey~ed to the ~mortgaKee; or , 1 ~u 1 take any olher epprupriate action purauat~t to etale or l~~ederal statute ritl~rr in slalr ur f~c~lrral court or oth~~wiee for the diepoeilion of the propert~. In the event of a eale as heninbefore prnvided, the mortgagor or any pereons in poe~easion uader the mort- o:~v~fr ~tia~~ t{s~~ ~r.nnm~ snr~ {u ~~..~..~. 6..I.J:.,.. ......~ .....7 ~L_11 t.._~L'-•:.L .l-1"•-- '•-----=-- '- •~-- - -----~- ---- • 0 0- ---- -----.. _..__..._ _..~ ~.. ..,.......~ ..........F .,.... u.... o..a,. w.......~u ua....u ~..ieea.ee~uu w u~c }iurcuaec~ a~ yuch eale or be aummarily diepoaaeaaed, in accordance with the provieione o( law applicable to tenant~ hol~linK uver. The power and agency hereby granted are coupled with an interest and are irrevocable by ~leath or utherN:re, au~l are granted as cumulative to the remediea for collection o( eai.1 indebtedne~ provided bv law, 4. T6e proceeds oi any sale of said property in accordance with the preceding paragraphs shall be applied 6rst to pay the costs and e:penaes of said sale. the e:penses incurred by the mortgagee for the purpose of protectin6 or main- taining eaid property, and reaeonable attorneye feee; eecondly, to pr~ tl~e indrbtednP~e ~ecured hereb~ ; and thirdly. to pay any eurplus or ezcees to the perebn or perec~ne legall}• entitled thereto. • S. Ia lhe event said property is sold at a jadicial forecloaure eale or pureuant tu the power of sale hereinabove granted, and the proceeds are not suRcient to pay the total indebtednese eecured by ihie inetrument and evideaced by eaid promieeory note, the mortgagee will be entitled to a deficiency judgment for the amount uf the deficiency without ~esaa+d to appraiiement. 6. In the e~ent the mortgagor faile to pay any Federal, etate, ur loc~) ta~- aaaeeemeut, income tax or uther ta~ lien, charge, fee. or other expenee charged against tl~e property the mortgagee ie hereby authorized at his option tu pay the eame. Any sums eo paid by the m~rtgagee ehall be added to and become a part of the principal amoont o( tl~c indebtedneas evidenced by eaid note, subject to t6e same terms and conditione. I( the mortgagor shall pay and diacharge the indebtednees evidenced by said promieeory note, r+nd ehall pay euch sums and shall diecharge all tazea and lieas and the costa, [ees, and ezpenaes of making, enforcing, and e:ecuting this mortgage, then this mortgage •hall be canc~led and surreadered. 7. The covenanb ~enin contained shall bind and the benefita and ~dvai~t~gen bl~rl) inu~r tu thr rr~prclive uuc- cessors aad auign~ oT the partiea hereto. Whenever used~ the ~ingular number shall include the plural. the plural the ~ia6ular, and the we oi anr 6ender shall inclnde all aeaden. ~ 8. No waiver o[ any covenant herein or ut the obligation eecured hereby ~h,~ll rl am limc therrnf~rr br hrld to be a wairer of the term~ hereof or of the note eecured hereby. 9. A judic;al decree, order. or judgment I~olding any Nrorision ur Nurtiou uf thie inetrument inv~lid ur u~~en- (orceable ~hall not ia any way impair or preclude the enforcement o( ihe remaining ~~roviEion~ or ~~ortions of this instrumeaL , ' 10. Any writteo notice to be issned to ihe mortgaaor pursuant to the pmriiicna of thu inatrumeat ~h~ll be ad- F drered to t1~n mortaa~or +t ~ and anr writtea notioe to be iMUed to the mort;a~ee ~hall be addreMed to tbe mortaaaee'ac 300 South Sixth Street, Fort Pierce, Florida 33450 ! ~: (1 GPO 92f-2~4 ~ $BA FOftM 928 (2-7;- lJ~il~~~~~ F~~l1E ~V ~ i