HomeMy WebLinkAbout0952 10. That (a1 i~ the event of any b~each of this mo~tgage o? deteult on the part of the Mortgego~, o~ (b) in Ihe event that eny of
said sums oi money herein referred to be not R~omptly and fuliy paid without demend or notice, or (c) in the event that each and eve~y
the stipulations. eq~eements, conditions, and covenanta of saW note and this mongage,. ara not duly, promptly, and !ully periormed;
then in eithe~ or any such event, the seid e99reQate sum mentioned i~ aaid note then ~emainin9 unpaid, with interest accrued to that t
iims, and a!! moneys secured he~sby~ shel{ become due and payable torthwith. or the~eafle~, at the optian ot said Mortgegee, as tulty
and corttpletely as if all of the said sums of money were ori~inafly stipuleted to be paid on such dey, anything in sald note or in this
mortgage to the contrary notwithstending; and ihereupon or thereafte~, at the option of aaid Mongagee: withaut notice o~ demand, ~
suit at law or in equity, may be p~osecutad as if all moneys secu?ed he~eby had matured prior to its institution. The Mortgagee may ~
foreclose this mortgaga, as to the emount so declared due end payebte, and the said p~emises shall be sold to saiisfy and pay the ;
seme together with costs, expenses, and allowances. ln case of partial foreclosure ot this mongege, the mohgaged p~emises shall be y
sold subject to the continuing lien of this mon9age tor the amaunt of the debt not then due and unpaid. ln such case the provisions of ,
this pa~ag~eph may again be availed of thereafter irom time to time by the Mortga~ee. ~
71. That he will give immediate notice by maii to the Mongagea ot any conveyance, trans(ar, or change of owne~sh+p of the ~
premises. ~ '
7 2. That no waiver of any covenant he~ein o~ of the obligation secured hereby shal! at any time thereafter be held to be a
waive~ of the terms hereoi ar oi the note secured hereby.
13. That ii the Mortgagor default in any ot the covenants or ag~eements contained herein, or in said ~ote, then the Mortgagee
may periorm the same, and ail expenditu~es lincluding ~easonable atto~ney's fees) made by the Mongages in so doing shell draw
interest at the rate set forth in the note secured hereby, and shall be ~epayable immediately and without demand by the Mongagor to
the Mongagee, and, together with interest and costs accruing ihereon, shall be secured by this mortgage.
14. That the mailing of a w~itten notics or demand addressed to the owner ot ~ecord of the mortgaged premises, or directed to
the seid ~wner at the tast address actually furnished to the Mortgagee, or directed to said owner at said mortgaged premises, and
mailed by the United States mails, shall be sufficient notice and demand in any case arising under this inst~ument and requir~d by
the provisions hereof or by law.
,
16. The Mongagor further covenants that should this mortgage and the note secured hereby ~ot be eligible for insurance ~
under the National Housing Act within ~ DAY~ days _
from the date hereof (w~itten statement of any office~ of the Depanment of Housing and Urban Development or authorized agent of ±
the Secretary of Housing and Urban Deveiopment dated subsequent to ihe AFORESAID :
days' time from the date of this mortgage, det:lining to insure said note and this mortgage, being deemed conclusive proof of such ~
ineligibility), the MoRgagee or the holder of the note may, at its option, declare all sums secured hereby immediately due and payable.
16. As used in this Mortgage and in the note, "~ttar~ey"s i~sa" ~hat! irsclu~ a¢tt~r~t~~'~ tees, if any, which shali be awarded 6y
an Appellate Court.
The covenants herein contained shall bind, and the benefits and advantages shail inure to, the respective ~eirs, executors, ~
admini5trators, successors, and assigns oi the parties hereto. Whenever used, ihe singular number shall include the plUral, the `
plural the singular, and ihe use of any gender shall include all genders.
;
IN WITNESS WHEREOF, the said Mongagor has hereunto set his hand and seal the day and year first aforesaid.
Signed, sealed, and deliver in the nce of: ;
~
,
~ '
(Seal)
MARK A I~ORGAN
C,~.. .
j [Seal]
MICHELE K MORGAN
i'._. '1' ; _ _ . _ ~ [Sealj
r
~f J1. LL.t'..-:, ll1~3_`~1 l~ ~{~~t.~?
?,014 C :i.4;. c•c?rt .i!. i,.1-:~.~ ~~i.
Fort SR. I,uc;e, I?L 3.3-~1 (Seaq
STA7E OF FLORIDA
couNnr oFST. LUCIE ss:
~ Before me personally appeared MARK A. MORGAN and MICHELE M. MORGAN
~ ~iis wife; to me well known and known to me to be the individuals described in and who executed the foregoin~inst~~ment, and
edged before me that they executed the same for ihe purposes therein expressed. ~
acknowl ~r'~ . -
~ . _ ~
_ WITNESS my hand and official seal this $th day of ~(j~Y . ;1
. r. ~ : ~
'1~ 's.l~ . '
~ ~
~ /Notary Public in and for the Cou ;~i~~Ste7e atoresaid)
~ ~ ' w, .
My comrr~s" expires: •
~ o :~f .
~ STATE OF Ss: J . a~ ?
~ COUNTY OF ~ .`r ~
~ ~~i~ ~i~~.r~j`~
~ Before me personally appeared r~ ~f , to me well known and known
to me to be the individual described in and who executed the foregoing instr~~t~;.arjd bcl~nowledged before me that he
executed the same for the purposes therein expressed. ~~~t Jl- `S,~ ~°U.
:~r, l f ,
' ~'r• O`~
WITNESS my hand ard oHicial seal this day oi , , 19
. `~s'~~ ~
~ir" ~nS~~X.er.~ prQ
f
Y1.~e.~ ~r.~ .
~l,~sT A ,~IC~~~17%-~ C~s' o
LQ (Notery Public in and /or the ~ounty end State alo~esaid~
C~l ~ ~~i2T c~T ~(.Q .
v~ ~~r_ e~`, ~ ~ ~~S- ~ My commission expires:
, . . . . . . ~~55~ ~ 947
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