HomeMy WebLinkAbout1947 14. 11 the indebtedaeue aeourar! hereby ie nuw or here~[Ler furt6er seoured by ohrttel mort~gee, pledgee, nc>uteywt~ of
gurrsaty, aesignments of l~. ~r ~~ther 8eourities, or it the preiuiaee hereby eno:~mbereci conaiata ot more thaa ~ne parael,
Murto~~ee m~y r! ~Ywun nzluwat way. one iu mure af eaid eeourities ~?nd the seourity hereunder, ur auoh pwroels ot the
aecurity ~«~~~:.der, eithe~ oonowzently or u?dependen4ty, nad in sunh order an it may determiae.
15. Uponrequeet ot M~rrt~~qor Mortgeg~e msy. st its oole option, trom tame t,o time before full psyment of all indebted-
nees secured h~nby, make f arther;dvrnoes to Mortg~gor ~~rovided~ ho~ve~er, thst the tutal prinnip~l seoured hereby and t~emsin-
ing unpe~id, includtngaqy~suoh ~dvanese,, shsll not a?t ~y Eune exoeed the~~I prinoipal sum eeaured hereby. Mortg~o
rRtaa~ll
exeauts and deliver tc~ Mortgagee s note evidenaw~
geroh and every auoh ~nrther dv~ wluoh Mortg~gee xna~v ~ke, euoh
aute to be pRy~ble on or belore m;turity of the indebtedneee seoured hereby and Lo oontain suah Lorms aa Mortge~gee ehall
require. Mortgagor ahs,ll pay all auoh turther sdv~?ne~ with intereat, sud the eaana, snd e~?oh note eviden m'ng the same, ehail
be seoutgd hareby. Al! provisians of tlue mvrtge~e slull~appiy to esoh further advu?oe aa well s~ to all other indebtednees
secur+~d hereby. Nathiug herein ovntained, hor+ever, ~hall liaut the a?mount eeoured by thia mort~sg~ d auoh amount is
inoreNaed by adv~oe~ made by Mort~agee, a. herein elrewhere pro~~ded !or ta pmteot the seourity. The word "Mortg~or"
aa uxed in thia para~graph, induder anq suooedeor in o~vaerahip ot the p~miaes.
15. No delay by Mortgsgee m eaeroising wny ri~ht or remedy herecnder, or otherwise a~orded by 1aw, shall operwte as a
wairer thereot oapreolude the e~cer~oine thereof dur~ng the oontinuanue of sny defanlt hereunder. No waiver by Mortge~t+e
of e?ny detsult ahall oonstitute a w~?iver ot or oonaent tu subsec~uent de,taulta. 1Vo tailure o! biortgagee Lo essraise sru option
herein given to sooelerste matnrity ot the dabt herehy aecurcad, no forbe~ranoe b~ Mortgagee betora or after the exeroise of
~ueh option and no wit~drs~val or sbandonment of tureelosure p.rooeediagx by ~ortgrgee shull be ta?kea or aonstrued as s
waiver of iLs right to eaercise sueh option or to accelerats the maturity ot I,he debt hereby seoured by n~u9an of an,v psst,
p~~nt or future default on the part of Mort~agor; snd, in like manner, the proourement ot insunnoe or the paym
snt ot taxee
or other liens nr ebsrges by ~Iurtga~ee shsll not be Lakon ur construed sa a waiver ut ita right ta aoeeleret~ the me?turity of
the debt ~ereby aecured.
17. Without afteuting tho liabilit}~ of Mor~g~o r or any other~e tson (exvept any person exprc~ly releaseci u? wrtiting) fur
pavment of any indebtednesa secured herehy or (or pertormsnee uf any obliRation contained hc+rein, ar~d without atTecting the
ru;~ta of bSortgagee with reapeot to sn3 security not exprernly reles~eci in w'ritinR, Mortgsgee may, at anp time and frorn time
t0 t1II1F, either bef~re or aftee the maturity ot said nutc, and without notioe or aonsant:
(n) Reles~e any peraon liable for pnyment of all or aay part of the indebtednese or for performanoe of auy obligstion.
(b) Mako any agreement extending the time or otherwise altering the terms of yment of all or any part of the
indebtedn~es, or modifying or w•aivutg any obligaLion, or nubordinsting, modi ying or otherwise dealing with the
lien or eharge hereof.
(c) Exerciae or refrain from exernieing or waive any right Mortgagen mav have.
(d) Accept additional seourity of anv kind.
(e) Iteleaae or otherwise deal with aq~ pmperty, ceal or persur?el, ~eeuring the indebtkxln~s.g, includin~q aU or any part
of the property mortgaged hereby.
18. M~> agreement hereefter msde by Mortga~or snd Mor•.~gt~ee purausnt to this mortgage ehall be eugerior W the rights of
the holder of any int~xvening lien or enaumbrauoe.
19. :1Sortge?gor hereby waivee all right of homestead e~remption in the property subjc~vt to Lhis mortgege.
~0. The oovenanis and sgreemeats herein oontaimed ahe?11 bind snd the beneats and adve?ntagea e6all inure to the ree
n
tive heirs, execuLors, adminiatrstora, suoovssors and assi~ns ot the parties heceto. Wherever uged the sin~ulsr number s
include the plurat, the plurai the aingular, and t~ae use o. wy gender shall be appliasb~~le t,o ell gendera. A oovensnte, agree-
ments and undertalrings shall be joint and several. In the event additaonsl numbered oavensnte are tor oonvenienoe inserted
in this mortgage following t~he legal desaription, ~uoh additional oovenants absU be c~ee~+i snd given effeat as though following
thie oovenan0 in ooneeoutive order.
IN WITNFSS WI~tFOF, the said Martgagor has set his harxl at~d geal the d~y
and year first above xritten.
Signed, Sea3ed and D~aliver~d in the 1 , ~5~)
presence of us : ~D~
~
~ ~ (SElIL )
-r- EIA I5E H . TIDDFR/
r r~ u
STATE OF FLCfftIDA )
} SS
CGUNTY OF ~T. LUC~ )
I~REBY CERT~Y that on this day before me, an officer duxy authox~i~ed:,:
in ~the County and State aforesaid to take acknowledgment,s persanally +~gpeared
ROLLIl~ Y. TF~Dffii and SIAISE TIDD~R, hie xi~e
to me l~no~m to be the person~s ) described ir. and Khe executed ths foregoiz~g :
Mortga~e, and they acknawledged before me t,hat t$eF executed~~e~~~ame. ~
'
KITIdESS ~y hand and official aea]. in tbe C~untq anci State laat ~~e-
s a id th is 21 d~y af J~ A. D. 15~5~ ~ .
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