HomeMy WebLinkAbout0147 14. It the indeDtedneee seeured hereb,y is now or hp,re~ftar further sseured by oh~ttel tnortg~e~s, pledge~, ~ontr~ota ot
guaranty, ~esignmenta ot le~uee, or uthe~r aeourities, or ii the premiees hereby eaoumbered oonaista d more th~n one paroel,
Mortgsgee m~y at ita option exhuuet ~qy one or more ot aaid eeourities a~ the seourity hsreunder. or suah paroels at the
seaurity hereunder, aither oononrrently or mdependentjy, nnd in euoh arder ~s it m~y deletmiae.
15. Upoa requeet ot Mortgagor, Mort~~gee, msy, ~t ite sole opbon, from time to time berare tnll p~ymettt d all indebted-
ness eeaured hereb~, mal~e turt~i~er advaaees to Mortsagor; provided, however, td?L the total priadpwl ~eeursd he~by and rem~in-
ing unpsid, inoluding wy auoh adv~aoes, ahall not st any hme exoeed the nal prina~p~al sum ~eoured hessby. M ~tg~~or ~halt
exeoute and deliver to Mortga~ee s note evide~eia~ eaah ~nd every auoh~er ~drtinoe rrlueL Mort~~eo miy~ maEe, sueh
note to be paysbLe on or belore m~,Lurity d t~e indebtednere reoured hereby and Lo oontain sneh term8 as MortEas~e ~all
require. Mortgagor slu11 p~y ~ll snoh fureher advanoes with inLerest, and the s~me, wnd e~oh nofe aviden~n~ tha s~m~, alu~il
be seoured hereby. All prov~eions of thi~ mort~~e ah~ll pl,y to e~o6 furRtber ~dvaaae ~s rveU ~ to all uther indebtednea~
eo
seoured hereby. Nothing herein eoat~ined. ho~r~over. a Lmit t~e amount raoured by tduw mor~~ ~f sueh wmount ie
inoree?ned by advr?noes made by MortQagee, ~ herdin eteewh~eprorrided tar to proteot Lhs aeoutity. The word "1?Rortg~or"
ea ueed in this paragrsph, inoludee sqv euoeeaior in o~r~uership ot the pce~i~es.
16. No del~y by Mort~s~~e in exeroiaing auy ri~ht ar remedy hereunder, or other~vise aQotded b~ylsa, shall open te ~e s
~vaiver thereot arpreolude tha exeroieo thereof dunng Lhe oontinwnoe ot any det~ult hareunder. No wsiver by M~rtga~ee
of any detault shaII oonaLitute s waiver ot or oonsent to eubeequent defsulta No f~?ilure ot Mart~agee to ezeroiee sn,p option
herein given to aooelerate maturity ot the debt hereby eeaured, no forbesranoe b~~y Mortgagee betore or ~dter the az~a~ee of
auah aption ~nd no ~vithdrswal or wbsndonment of foreolosure ptooeedingn by Mor~~ e~sl! be Lt?ken or oonatrned ~s ~
vvuver of ite right to e~ise euoh option or to ~oaelerate the msturity ot the debt Lereby eecured by re~ton ot ~qy psat,
preeent or tuture detsult on the part of Mortgagor; and, in like manner, the proourement of insur~noe or the psy~ eat o! Luee
or othet liens ~r uharges by Mortgagee Rhnll not be taken or oonatrued ee s w~uvar of ite right to aooelerate the maturity oi
the debt hereby eeaured.
17. Without wHeof,ing tLe lisbility ~t Ma~ttg~gor or auy other person (exoept any pereon expe~essly releseed in writing) for
payment of any indebtednese eeoured y or for per[otmsnoe of sny obligation oontsined hetein, and w~ithout sffeoting the
righta of Martgagee with respect to sny seaurity not expreesly releaeed in writing, Mortgs~ee may, ~t any time and from tune
to time, either before or uftsr the msturity ot aaid noLe, and ~vithout notioe or oonsent:
(a) Releasm sny peraon liuble for psyment of all or sny part ot the indebtedae~ or for performsnce of any obligation.
(b) Mske any agreement extending the time or otherwise altering the terma ofps yment of sll or any parE the
indebtednesa, or modifying or wsiving any obligt~tion, or subordinsting, modifying or otherwise desling with tLe
lien or cha~rge hereof.
(o) Exeroise or ret[rain irom exeroising or a-aive any right Mortgagee msy have.
(d) Aocspt additional eecurity of any kind.
(e) N,e~ease or otherwise deal wih~abqy property, real or personal, aeouring the indebtedness, including all or i.ny ~art
Pt'oPe1't9 LeaBe~ Y•
18. Any agreement hereatter msde by Mory~or and Mortgag~ee purausnt to thie mortgage nhsU be auperior to the righte of
the holder of aqy intervening lien or enoumbes?noe.
19. Mortgegor hereby w sives all right of homeetesd examption in the property enbjeat to this mortg~ge. ~ .
Z0. The ooven~nts and sgreem~te hereit? oonta?ined ahsll biad aiad the beneflta snd ~dvantages ahall inure t~o t~e kiae~e-
tive heirs, exeautora, sdmimatratora, suooeeaors andaas~gna d the parties heeeto. Wherever ueed, thee~n~ular pumbar sh~i~
inolnde the plursl, the plural the eingulas, aad 6he use ot sny gender eha11 bs sppliasble ~tu sll g~end~us. All ea~,r~ati ~gtes-'
menta snd undertwidnge ehall be joint and sever~l. In the event additionsi numbered oovetisnte are for oonY~u ,
in this mortga~e followin~ the legal deeaription, eucsh sdditionai ooveoaata eh~l.l be read and given effeat ~a`h fo~iwin~: ~
thia oovems~at m oonaeautave order. : ~ ~
: • -
xN 'WT73~3 ~OQ~', ~he said I~r~gagor has caused these prrseats ~ be-_ exrx~~d
ia it$ nmme, aad its corporeete seal to be here~o a~Pixed~ by its prvper~ p['!'~~~rs
thereunto du]y su~thvri zed, the d~y and year firsi~ e~bov+e xrl.tt~x.
~ 1~ , ~ _
. ~
(Corporate Seal~ KASOLL GROVSS~ II~C.
i -
' ~ By ,0~,~ c.s- ~ ~ c~\ _
Attest : r L'- ~'~~u r•:~- 8s~s~E~lt~
~ as ~uecretaYy
Signed, sea]red and deli , d in ,.~'';~1~t;
the sence cd: , ' ~ ~ ,
i ~ . ~
~ '
~ _ - . ~ -
c f f~ ' ' .
~
- .,'~c. `
/l~ ' t' .
/ ,~iVl~li Q~ N1~ . i~IN~ ~ ••~~i~~```,
2~'F~Y ~'1' thst c~n thi s day, before m~ ,~n o2Yicer duly suthori zed ~ t.a~ie
acuno~tLed~re~nts, p~rgun~]1Y aPpeared
we11 ~o~n to me to be fi.he Preeidait and re~ary re~pective of ~the Corporst ca
namcd as mortge?gar ira the foregoing instnaaent ~ and tt~t they ~e~v~era].?~y ackne~vledged
execv.~iag the ~ame, in fi1~e preseace at' t~o subscribing witaesses~ frr~e]y sad voluntari]tiY
~der authority dtiil.y ve~tad in t~h~ by said co oai and that the seal atYixed
thereto i~ the true corr~orate ~enl oP said egrp~ , this ~isy of ~ er 19£5.
Cc~issi eacpi f~ea : ~f~' ` ~ -r~ ~ .
; ~ ~ v ~
~I~ED ~:N~ ~EGORDOO ~ ; a
~ t - ~ ~ ~ . ,
~ e~ ~ '31 4 g ~ ~ .
ca PiO~ ~ ~ pM ' ~ ~ _ ~ ; . ;
~ 65 ~ ; . _ :
O E°'' ~t~~,~'4~'~~ERK ~x - , ; s'~` ,
a ~i ~OG~~~ ~t N,T.,Y ~ ~ _ _ ~.:I ; : .
a" ~ ,T; I.UCI~ C0~ ~ ~ • .
i~" ' Fl.4RIDA ~ : . .
~ . ~ _
; ~ ~-~,t ~
; ~ ; . - ;
~ o i ~ 'i .
~ ~ : ~ .
~ : a,~;=~.; ; ~
~ doaK 31~ , ~ ~ - ~ i ~
~ . . _ ~ ~ ~ ~ ~