HomeMy WebLinkAbout1716 14. It t~ha indebtedners sea~u~ed hereby is r~ow or hee~itet huLb~r Meursd bq a1t~~~e1 mart~s~~ Dled~er. eo~?~ots o~
~ua,nnt~. a~amanta of i~res, or other s~uritiea, or it the 1?ereby aneumbeeed eonmtr d more t6aa one p~roet~
Mortfa,geis m~y at ib optiun~ euchaust any, one or maro ot sa~tias and the ~rit' Lereuad~r, oe sueh pareels of the
seeunty haewaaidee, either ooneurrenLiy or ~ndq~ieull~+. ~?od in w~h ad~r Ms it aa~r d~lu~minw
16. Upn~t queit oi B[ , Mort~a~ee may, st its ~ole~ option, tram iame io time befars full pr~?meat oi ~?U inde~i~ad-
tu+u~ reoured Mr~bereb~. make tur~advaaoes to Mortsa~x': pmr~ded. hawever, tLat the ~t~1 p~i~pd ~senrad heeeb~ ~nd rem~n-
iug,' ur?P~id+ inelad+n~~q~r suah advu?oes, sbirll ~rot ~?t hme e:eeed tDe P~~Pv totn ~soursd l~arsby. M~ ~n~ah
ezeaate ~ad deliwr to Mort~ee ~ nnte avidenain~ Noh and everr wen ~ or~at adv~nea ~rhirh Moct~ar'~e su?7
note to be pRyabDe an or bafore ~osturity ~ Lt~e iadebtadt~ seoured l~ebj ~nd to aonqim eaah te~m~ a~ Maet~~s sloall
require. Mort~or aLall pa~y ~ll sueh turthar sdw~aoe. with intere~k and tiu a~ma ~od woh notie evideadq~ t~~s wtss. ~
be seoured hereby. AlI provirwna at Lhis mort~e ~hap 1~y b e~eh fiurLb~r ~dvagoe ~s ~vel) ~ to ~11 ott..•er indsDlei:t~e
aeoured he¢eby. Nothmg horein oc>nWned, howevar. ~hmit the aa?auat seeQred ~y taw m if saoL i?xaaant i~
t
inare~eed bp advaaoes mads by Mort~ee. as hereiu eLewheee provided tor Eo pmteet the ~eaurity. bc+ ~rord "Mattg~ar•~
ae ueed in thia p~r~r~ph. indudes a~ny aueaereor in ownerahip d the premise~.
18. No del~y by M ui eneroisin~ snq ri~ht or remedp hereunder. or otherw~iee a~arded b L?w, ehaU o te us a
~g~ st
wsiver thereot orpreo lude the e:eroiee thereot duru~g the ooatinuanoe ot aqy de~wlt hereunde~. ~o waiver by +rtg~ee
of any defsult ah~ll oonttitute waiver ot or oonrent to ru uent detsults. No f~ilure ot Mortg~ee to exee~oiee attiy optaon
herein given to aooelerste muturiiy ot the debt hereby ao forbea?r:nes by Morteagee betae a:_~~er the e~ere~ae o!
auoh opL~an and no rvithdcswal or wb?ndonment ot tareoloeurn praoeedin~s by M ~slu~il be ta?kea or a~nsttued +?s ~
w~?iver of ite right to i+xemiae euoh o tion or to ~ooelers~te the znsturity ot the debt~ be~ebY +eonred by r~eon of t?qy p~t,
rs~
p~reaent or futur~ def~ult on the part o Mortg~gor; and, in tike manY?rr, t~e proaursmsnt ot ineur~noe or thep~ym
eni o1' tuea
or other liens at aharg~ by Mortgagee ahsll not be Lsken or oonetruel as s waiver al iLe sig'ht to aaoelerste the mr?turity of
the deDs hereby seoured.
17. Without sffeotueg the linbility of Mortg~gor or way other~e~on (e~coe~t sny Per'aon exPresalY rele~ed ia writiag) tor
paymenE of anq indebtedness secured hereby or for per[ormsnoe ~ any obiigstron eor.tained her+ein, and rr±rhout ~eotiag the
ngbts of Mortgsgee with reapeat to a?nY secur?ty not enp~eesly rele~eed in wnt~n~. Mortga~ee msy, st any time and from time ,
tci 6ime, eithsr betore or after Lhe maturity af eaid noLe, and without notioe or aonaent: i
'm
~ (s) Rele~ee any persou lirbla for puyment of sll nr sny part ot the indebtednesa or tor pert.:rmanoe nf sn3 oFaligi?tion.
(b) Mske ~?uy agreement extending Lhe Lime or otherwiee aitering Lhe terms ofps
yment d ~?I! or any p~?rE oi the
indebtednesd, or modifytng or waivu~ any obligation, or suborduisting, moditying or otherwixe deslinQ w~th tae
lien or oharge hereof.
(c) Exea^oisa or retrain trom exeroiaing or waive sny right Mortgagee msy have.
(d) Aooept eidditional eeonrity of wny kind.
(e) Rslease or vtherwis+a deal with a~y property, eeal or pers„nal, seourin8 the indebtednee~, includiag all or aay p~c~t
of the groperty iuortga~~eil h~eby.
; 18. Any agreement herestter made by Mortg~gor and Mortgagee pursuant to this martgage sball be ruperior to the riQhta of
~ the holder a[ any intervening lien or enoumbranoe. .
~
19. Mortgagor hereby w~ivee all right af homeet~esd exe~ptSon in the property eabjeot to this mortBaSe•
' 20. The oovensata and agreementa herein aonta?ined sh~ll ~nd aad the beneQta ~nd advsntal[eis ahsil ianre to t~he reepeo-
' tive heirs, exeoutors. ~?dministrstots, euooeeeoia sndsss~gn~ of the p~rtiee hereW. Wherev~ u~ed the~gu lar namb~ eh~ll
' inolude the plwy?1, tl~e plural the singulsr. and tbe use of aay qender eha11 be ~pplia?b~la to sll ~endera. All ooveaaaLs, agrae'
menta uad nnde~rtalongs a~atl be joint aund several. In the event sdditionai numbee+ed eavenants ore far oon-enieaoe ~n~eried
at
in this mort~e follo~vin~ the legal description, euoh additaonal ooven~nt~ sbail be rerd said given e~eati ~s LhonBh following
t~is oovmaut m oanreankve ordar.
~ IN ~fIITNESS Y~EREOF, the ~aid l~art~agora have hereunto aat their Y~andg and aeals
k the day and yee~r £irs~C aboqe m-ittsr..
~ Signed, sealed and delivered in ~ . (S~A.L~
the ~resence o.f us: , Y~'. E. Carp ter
! ..~.f ~ ~~t=l~~ ~~l ' . _ _ , ~ n. n„1?:.z~(sEa.~)
~ ~ ~ Addie Lee Carpen er
~ .
~ S T
4T~' OF ORI I?A 1 ~ s.
COL~?dTY Qr DADE )
I h`ER~HY CERTIFY that on this day before r~e, ~n ofticer duly autharised in
the County and State aforesaid to take acknoxled~ments persanally appe~red V3. E.
C?`i~??'~IT~.R and .ADLIE LEE CARPENTE.~t, his xife, to me kno~rn to be the persons descri~ed
in and xho executed th~ foregoing ?dortgage, e~nd thay e~cknawledgad before me that
they exe^t~ted the same f'ree7.y end voluntarily for the usea ana purpoaes therein exgressed.
YtITidESS my hand and officia? seal et ~i a' in se~ d Caunty and 3tate this the
~da~ of ~une A. D. 196j. ~
~?~tary ~'un State of` or` q
C ~D~O My commis on ea~ires : ' • :
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