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j S. That ( a) in the event of any breach af this mott gage ar default an ths part of the Mvrtgagv+a or ( b) in thC ~
e~~ent any of said sums oF money herein ieferreJ to be not procnptly and fully paid as the same severally become due And '
payable, or (e) in the event any of the conditions and covenants of the mortgage note or ar.y renewal, exteruiou or madi-
fica:ion thereof, and of this mortgage, are not promptly and fu!ly performed, disch.~rged, cc,rnpli~~d ~.i.h artcl xbielyd hy,
;i then, in eithQr or any such event, the principal sum srt out in the mortgage aote then remaining wi~i<l, to~ether with ~
acerued inierest, and all muneys seeurecl heteby, shall be~rome und be immediately due and puyable at the option of hfn~fga~;ce ~
j w ithout notice or demand which are hea~hy expressty w~aived, in which Qveat .?lartgagee may avnil itseif of all righG, and ~
~I remedies, at law or in ec~wty, and this murtgage may be foreclosed ~+ith all ri hts and ~erneciies afforded by the laws of i
i~ Flarida and Mortgagrna shall pay all casts, charges nnd expen.e~ thcreof, inclu~ng a reasonable atior~~ey'~ fee. i
5. \o delay by Mortgegee in ezer~ising any right or remedy hrrrunder, ar otherwise a.rforded by law, shall operate
as a waiver thereaf or preclude the ezercise thereaf during the cY»~tinuance uf any default here~i~~der. No ~.~aiver by Aicmgagec ~
cf t?ny default shall constitute a waiver of or consent to subsequent ilefaults.
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10. If default be made in payment, when due, of any indebtedness sec~ucd hereby, c~r in performance of any of
, ~lortgagors' obligations, convenants or agremen~s hereundcr; ~
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~ ( a) bfortgagee is authorized at any tixne. ~vithou t notice, in its sole discreticn to enfer upon and take possession +
i of the mortgaged property or any part thereof, to perfonn any acts bfortgagee deems nec~ssary or proper to co?~serve the I
j~ secunty and to cnIlect and receiva all rents, issues and profits thereof, including those past due as well as those accruing
thereafter, and
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(b) In the avent suit Is instiEuted to fomclose this mortgage or enforce payment eF aqy claims hereunder, I
Mortgagev shsli be entided, as a matter of strict right and without regard to the v:ilue or adequacy~ uf the srcurity, to 2uive
i' a receiver appointed to enter upon and txke possession of the mortgaged property, coUect the ~ents ar,d profits therefrom and (
apply Ehe same as the aourt may direct, :uch rccei~•er to have all ihe rights and powers prrmitted under the law~s of Florida. I
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[n eltli~r si~ch case .tfortgagee or the receiver may aLso take possession of and use any a;ncl all personal property
contained in the premises and wed by l~lortg~gurs in the rental or leasing thereoE or any part thereof. The expe~~se ~
ji ( including receiver's fees, counsel fees, costs and agent's compensation ) incurred pc~rsuant to the powers herein ron- 1
tainrd sha11 be secured hereby. M~rtgagee shell (aftet payment ~f all rnsts and erp~nses incurreci) ttpply such rents, i
~f issues and pxofih received by it on the indebtednrss secure3 hereby in such order as llfortgogee dPtermines. The ;
~ right to enter and take possession of the uyortgaged properiy, to manage and operate the same, and to collert thc rents, j
issues and profits thereof, whether by a receiver or othenvise, shall be cumuladve to any other rig,ht or remedy hereunder ot f
afforded by la~~~, and may be ezerrised concurrendy therewith or independendy thereof, bfortgagee shall be liable to account ~
only for such rents, issixes and profits actually TCCEivfd I7y 11~0?tgngfC. i
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!f 11. hfortgagosa shatl duly, prompdy and fully perform, discharge, comply with and abide by each and every coven- "
ant and cundition in the mortgage note or any rene~+•al, extension of modification thcreof, and in this mortgage set forth. ~
~ 12. The rnnvenants and conditions herein contained shall bind and the beneEits and ad~•antages shal] inure to the ~
respecrive heirs, esecutors, administrators, succeasors and assigns of the partia hereto. 1Vherever used, the singulaz number I
shall include the pltual, the plural the singular, and the use of any ~ender ~hali appiicable to all gencier~. All c~venants, !
i,~ agreemznts and undertakings shali be joint and several. (
~~I 13. Thi~ mortgage and the mortgage note constitute a Florida contrart and shall be construecl acorcling to the taws
(i of that Stute. The MorCgagors hereby waive atl homestead exemption granted by the Constitution and Laws of the State of I
Florida. ~
' IN ~YITNES~ WHEREOF, the Mortgagor.s have executed !his ir.strument Lnder se~l on the ciay anJ year first above ~
' ~~titten. I
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' ~.,5--.,'.~..~-~. ' ..r'-- ~<.t:... ,y~',~ r / %y~ _ ~
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~~i ned, sealed and deii zred j" J ssie E. Cordary, 8 wic~dyt~
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" ~the presence of: : ~ 1
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i~ ~T..TE OF' FLO DA ~
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COL~!e'T'Y OF......_ ..Sr.~....Lucie . ~
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~efoze me personaly appeared ..............~~S.S.~.Q....~i..._.r~.9T(~.$~;ya...a,.W.~.dow...... _ _ _ . . ~
to me «-eL know~n and known to me to be tne individuaI............described in and who executed the for~going iusi~Lment, and
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3C~:T:Otti']E'CjgP.l~ ~{OT8 1T1E t};a! sh~ ................................ezecuted the same for the pu~oses therein eacpre~ssecl. ~
`j ~1TTNESS my hand and official seal this.........24Ch
.................~'..day QF........~Q.F.t~, bex~::. r:...- :s.64.. 1
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~ ' AND RECO~1C~- f ~ . i~: ,
i !i • ~~Q(p ~O~K ~.otary Public, State of~ oricla at L.arge '
~ . , . '~ta~ !~iy commission ezpires: . _ '
'S~"E OF' FLORIDA ~totary p~!;f ~ r~~ '
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? G'' 19~4 S~~ 24 PM 4: 3 SS My . .~f I
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` ' ' COU~i7•1~ OF . • • - ~ , . .
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: . ~t ~re me personally a~ar~ .~~...E~~'~t~.~...f.~........... .
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; . j~ and..........:~. . to me weli known and known to (
' • 'MJ me to. bc'the ................................President anc~.......... .........................Secretary, respectively, cF........
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. , . ---.............---..................,the corporation named in the oregoin ; instn~ment, ar.d
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k,now~ci to m~ to be the persons who as such officers of said c~ipotation executed the same; and then and thcre the said
of~icers of said wrporatioci did acknotvledge befnre me that sa:d instrument is the free act and deed of said corporation by ~
~ them respechtiel~ ea~ecuted as such officers foz the purposes thereic expressed; that the seal thereunto atts~ched i~ the cor-
porate sesl by t,~em in like capacity affixe,d; a11 under authority in them duly vested by the Anarcl nf Directors of said
carpnr~~ivn. .
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WITAES5 my ha d official seal this--- .1J~.Y... ''.,,.....day of , i~.........
~!l D ANO RECORD~I~ c.;
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I ) tiotary Puolic, State of Florida at L.ar~~ ~
~ -~l~_.~.<~.~~- ; r~-~' ~~ly commissinn engires: (
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r~OG~i; i-J{~~ ii~~5 Cl,.~ • , . . . ~i.l st~.~ ~~J~ ~
SY. ~UC1~ COUN~Y, g00K~~~
FLORIOA
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