HomeMy WebLinkAbout2084 1-!. 1[ the indebtcxlncx~ seour~t herc+bp i~ nuw or her~v?tter further flecured by ohatSc~l mortgs~xs, pledgea~, c+ontrso~x ut
kiiaranty. ~~.~irnmeuta uf leases, ~~r other ~eouritiE~.,, or if the premi,~v ht+reb~• encumt~ereci a~nsi:~ts uf tuorc~ than une peuael,
~lurtgal;e~ may at its uption exhaust xny une ur n~oro uf n~?id vc~curitiem end the security hareuuder, or such pi?resls af LhF
sc+cunty }irrruncler, either ouncurrently ur inde~ndentlv, and in suuh unier eus it may deWra~ine. -Cj ~b
15. lJpun roquest uf :4~urtga~~r, 14Surtgsgea nisy, a!: ita sole option, Frum Lime tU time bE+fore full payment of all indebted~ °~,~j
n~-: securrKl hereb}•, mako furiher arivanc~ tu !4lortgn~~r; pn,vide+cl, howe~~~r, that 6he tutal prinoips! seceure~ hereby and remain-
inR unptaid, includi~~ any tiuch sdvancea, shsll not at any ti?ue exceE+d thA original prinoipal ~um .~rcund hereby. Martga~ur shaq G~
PYNCII~{' 9711~ flCiIVNC IO MO[L(~AK'H0 a note evidenoing each aad every yuc6 further sdvsnoe whiah biort.gsgee may make, such ~
nute to be ps~•able un or t~fure maturity of tha indebteiin~s sc~cured hemby and u~ contain such t,erias a~ 1~lurtgaF;ee ahe?ll
rc?yuire. :~iurt{~egor shall pa}• all such further advai~eH., with interest, and the :u?cne, snd eaoh note evidencing the ssme, ehall ~
tx+ ,k+cured hereb~~. All pruvisions of this rnort{~e shall apply to each furiher a~ivance ag well a; Lo al! olher indebtedneaa ;,~,1 rj
.ex;uroii herehy. ~ Nuthing herein ountained, huwov~r, yhall limit thr amount securc+cl bv Lhis mort~e if such sm~unt is ,c ~
increasc~l by acivsne~ made by hiurtgsgee, as horein etsewhere prc~vid~,:i fur Lo prut,c~et the swcurity. 'I he word "Mortgegor" ~i ~
a, u~eci in this pare~raph, includez~ any auocer.;or in ownership af the premisa~. .
16. \o drlay by I~lortgagec+ in exc~reiFinK nn~• right or renieciy lrereunder, ur utherwise atYordeci b~y law, shall operate a~ a
~:aivNr ther~t ur preclude the Nxerei~e therc~>f during tl~r cuntinuance ~~f an~• detault hereuniler. ~o weiver by Mort~a~ec+
of un}• default shall constitute & WRl4'PC Uf G~ COIliPnt tu subsei{uNnt I~PfAllltB. • VO failure uf I~turt~agee tu exorcise any uptiun
herein given tu accelerate maturit}• of the debt hereb~• ,ecure~i, no furhearance bv Mortgagee beforo ur afLc~r the exercise uf
~uch option and nu w~ithdraH•al or abandon?nent of foreclusure pruc~edi~i~ b~• :1~urtgs{;ee s}~al1 4e Laken ur esunstrued a.+ a
waiver of its ri~ht to exercise such uptiu~~ ur tu acc~lerate the ~uaturity of ~he debt hereby scjcureci by rea.aon ot any pa.~t,
prc~ent ur futttre de~auh un the part of ~iurtgagur; an~l, in likN ~uanner, tl~e pn~curement uf insuranoe or the pa}•ment uf taxns
ur uther lien, ur char~c~., b~• l~tort~a{~ee ,tiall nut k.~e takeu ur cun,truEKl as a waiver uf its right tu accelerato the maturity of
tho debt hereb~• Securcul,
17. \~'ithuut afiecti?i~ th~~ liahilit~~ t~f ?~iurt~~sr ~~r xny nther per~on (E~scept an~~ person exprc+.qslt• relt~?seci in w~ritin~;) fur
YA~'Illeni UP 73I1}' llll{PtltE'(~f1P.13 SPCiICF'1I IIPI'E'b~~ ur [ur ~rfurmanct~ uf an~• ubli~;atiun cuntainc~t hPrem, and w~ithuut aftrrtinK the
right~ uf ~lortga#;cr~ w~ith msptrt tu ariy u~curit}• nut t•xprf•;~1~• nd~~s?se~l in Kritin~;. \furt~;a~e~~ ma~•, at au~' time and Crott~ ti~tie
to time, either befurte ur after the n~aturitt' uf ::si~i ciute, au~! withuut nutict+ ur c~~nsent:
(a) fteleaye any persun liable for pa~~~utuit uf all ur an~- part uf thc~ indebt~~dne,s ur fur perfurmancce uf an~~ ~~bliKution.
(b) ~take an~• a~reement extendin~ the timc~ ur utherwi.e al:e•rinK the term, uf pa~•ment uf all ur an~~ part u[ the
' i!uleirte~u~s, or modif~•inK ur Hai~inK an~• nbligett:un, ur ~uburd~nxtinK, niudif~•in~; ur utherw•i,~~ dexling w•ith the
lic~n or ch~rge hereof.
(e) F.xercise ur refrain fruni E•xercisiii~; ur wsit•e ati~ i•i~;ht tifurlKx~c~e ma~• I~aw~.
(cl) Aeeept aciditiot?al tieeurity uf an~• kincl.
(e) ltelea5~ nr ott~erwi~e deat ~~ith any pruperty, real ur ~xrYonal, sctruring thp ind~~htt~lnc~~:, inclu~iinF atl ur any part
uf !he propertv murt~a{;e~l hereh}•.
1~. Any a~{reement hereafter m~.de by Mort~ur and ;~tortgageo gursuant to this mortgaf;e ahali be superior to the rights of
the hotder of an~~ intervening lien or encumbrance.
19. :~iort~or hereby waives all right of homFStead exemption in the property subject to this mort~e.
20. 'The covenants and aE;reemenG~ herein containe~i shall bind and the benefits and acivantaKes shall inure to the respee-
tice heirs, executon, administrators, succe,sors and ~ssi~ns of the parti~ heret~. Wherecar used, the sinRular number shall
inciude the ptural, the plursl the singular, and the use uf any ~ender shall be applicable to aU genders. All covenants, agree-
men,s and underiakings shall be joint and se~~eral. In the event acidifional tiumbereci cu~~enants s~e for cx~nvenienGe inserted
in this uiort{;age following the legal description, suct! additional covenants snall be read and given ePfect ae th;4}~hisolqv~~ing
this ~wvenant in consecsutive order. * -
Itd Wl'I'HI?SS ~~~E~, tt~,a said Mortgagor h~a set h~~~ han~ asad •;ea1;0~.
aad year firs c a~ova a ri.~~:ten. S ON- BOB, I NC .
~ • ` s
. ~ ' ~ ,~7 ~ -
Si,~ed, Sesled anc~ Dellvered in trie B ~
prea~ce a£ us ; re s en ; ~r/ ~ ;
j' I ~
,
•~~9~e~•~ee~+~~:
. S
~~t.-~.r-e.c~ tiu?,1 ~.s~.- Attest ~~~~<<+e~~~:;''L.
(~,~'~•~e,~.~.~ ~r... n ./1~ 6 C T' A 8.2'~'
~
STATE OF FLORI~A~~"--- ~
COL'N'1'Y OF OR A?dGE )
- _ m ~ * , da.~ ~~fore ~-ie a-1 o~"icer du1;~ ~
~ I.j:.a~-~~-; ~r;.~~T~ t'r~3„ on t~~~is r ,
authori2ed i:i tn~ State a~id Co~..znt.y aforesai.d to ta~te acknowledgmeil;s,
nersor~all.y an~eared
well 'xnow~ to me to be the Presiden~ and Sacretary resr_ect~vel,~ af t~le
cor~oratian named as grantor in the ~'oregoing deed~ ar~d that ~he~l
severally ack:iowledged executin~; ~ne sarne in the nr~senee of t~;u subscrib-
1~~, wit.zesses freely and volunt~rily under auth~ri~y dul~ vested in ~he*n
b~ said cor:~ora~ion a~~d t~at ~he seal a.f~ixed thereto i.s the truc~ corporate
seal of said cor~ors.tiono
WITNESS my hand arid o~; ic~ al seal in ~he C~~ r~ty ~r~d Sta~a la6t
s~'or~s.afd this da;,r o~ ',~,_,ve~b~r; y. D. 19b~o _ .
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~ ~'otarv ~_iblic, S~a~e o~' :~'lorida at Lar~e
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