HomeMy WebLinkAbout1653
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: ny. ng ln t~ 8 ~ortgaie or in the prOmissory note secured hei"eby to the
contr...ry notWlthst~ndlOg, 1f any instalment of principal ur inter-est of said note or
~ny part thereo~ lS not ~aid .wi~hin 30 days of the date due. or it. any other sum
",ecured hereby 18 not palO w...thin 30 days of the date due. then all of the indftbted-
ness secured he~eby shall become and oe immediately due and pa)-able at the' option
of Mortgagee, wlthout notice or demand which are hereby expressly waived in which
event ~Iortgagee inay avail itself of all rights and remedu,s. at law or In ~quity.
and thu:; mor.tgage may be foreclosed with all rights and remedies afforded by the
laws of FlorIda and Mortgagor shall pay all costs ch.ara s..4 pt #
. . -, .... ~e an"" expensf'lS ereOl
Including a reasonable attorney's fee. r. . :. ~~ <. ·
F;L~D AND RECORDED:' . "
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'r, :-..... f3 'I~ If the indebtedness I<<U~ hereby iJ nen. or hereafter further I<<ured by t'hattel mortppt. pled.... ODQtn.cu of
guaranty, assignments of leasel, or other securities, or if the pr-e-miJet hereby encumbered conaUb of more than one pan:el, Wort-
gagee may at its option exhaUJt a.ny one or more of laid IeCUT!tif:l and the leCurity hereunder, or IUCh parcela of the leCurity
her~und~r, ~itlJ~r concurrently or independently, &nd in such order lU it may determine.
14xx No d~la) by M().-t~~ in exercising any tight or remedy hereunder, or othenriR aflorde<! by law, JhaU operate u a
waiver th~reoi or preclude the exercise thereof during the continuance of a.ny dnault hereunder. No waiver b, Worqape of any
default shall constitute a wai~r of or consent to subtequent delaulb,
15tt Without affecting the liability of a.ny penon (other than a.ny penon releued punuant hereto) (or paJIDIDt 01 any
indebtedness secur~d hereby, and without r.tffecting tbe priority or ex1ent of the lien hereof upon arrr property DOt spec:i&eaJJy
rele~ pu.mant hereto, Mortgagee may at a.ny tin,e a.nd fl'Ol!t time to time. without notice a.nd without limitation aa to any
legal right Or privilege of Mortgagee:
(a) R~l~ase any person liable for payment of a.ny indebtednea IeCUred hereby.
(b) Extend th~ time or agree to a1eer the temu of pa)'ment of any of the indebtedn_.
(c) Acc~pt additional security of any kind.
(d) Releue any property 8eCUring the indebtednesa.
(e) Consent to the ,reation of any euement on or o~r the p",mi.oeJ or lU1y covenanb rat:rictiDt '* or oceupancy
thereof.
16xx Any A:;l'eement :,cieafter made by Mortga~or and Mortgagee punuant to thit mortJABe shall be s"'perior to the righb
of th~ ho~der of Any intervening lien or encumbrance.
17xac Mortgagor hereby waives all right of homestead elCl'Il1ption in the p.-operty subject to this mol1r&Je.
1 B~ The co\'enants and agr~ments herein contained shall bind and the benefitJ and advant&lei shal1 inure to the respec_
tive h~in, executon. administraton, SiJcceuon &nd auigns of the parties hereto, Wherever wed, the singular number shall include
the plural, the plural the singular, and the we of &ny gender dull be applicable to all renden, AD COftnanta, &(I"eementJ and
und"rtakin!!,s shall be joint and several, In the event additional numbered covenantJ are for con~nience inserted in this mortgage
following the I"gal d"scription, such additional covena.ntJ shall be read and Biven effect u though followinr this covmant in con-
secuti\'e order,
) IN WITNESS WHEREOF, the said mortgagor has caused these presents to be signed
. ' . ;'P, its name by its President attested by 1 ta Secretary \
. (' , '::.,~ ,lfq;d.'.i~,~. ~orpor(;.te seal to hereunto affixed the day and yeD,:r first above written.
C'~(: \ iI!.G?~~:: in our preseno"; _
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(CI')RP(\RATE
A'ITEST
SEAL )
STATE
Of
Mev York
J
COUNTY Of Mev York
I, an ~fflcer auth~rized to take
1 a.., 3 of the 1tate "f Nev Yurk
l.fy that Gardner Covhu
respectively, as President and Secretary ~f the
Indian River Land Inv~.~nt.tInc. to ~e person~ly known, this ~ acknow-
lp'(I.ged bef"re me that they executed the foreg~lng tMrtge.ge 8.8 such o_fflcers of sa.id
corpnrt:l.t1"n and tb.at they affixed theretn the "ft1c1al seal ('If said ct'rporationj
an~ I further c~rtlfY that I .know the sa1~ persnns ~1ng 8al~ a~wledgment(s)
t') he th~ inni Vl&l~(.~) tA~~.!b..4,~ end wbn executed the said mortgage. \
IN 'WIN'i'R~~ W1iER1'.O'1 :l ~~ve,)~euh.t/) set rJIy hand ana offica! seal at
Ne ,.. rk ~ T ..'''' ,'.. " ..e.!a tP'J.Ilty and 3tate, this 23 day ofKareh
l~ v ~o , .. ! ':: "'; ) 1 ':. ~~ ..
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aclm~wldgement8 ot deedS according to
duly quallfle~ and act~ng hereby,
. and 'John r. a.reSina
~e
cert-
Notary PU ic
a.t large .)/ ~
My CC\mm1uion
a e .
I. /"~.rM'.r _
Expires: Jr.r.J..,d..IIJ"1
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