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HomeMy WebLinkAbout0529 . . , , 14. II the indebtedneea eeoured bereby is ao.v or herw?itar turt.her seeured by oh~ttel mortg~es, pled~sr, eontr~?oti d guarsnty, aseignmet?ta of l~ea, or other eeotuities, or if the premieee hereby enotambered oottaista of more than one pareel, Mor~agee may st ita option exhwst any ona or more at a~id reouritier ~ud Lhe seouritq hereunder, or ruoh psreaL u[ the eeounty hereuuder, ei6her eonourrently or independeat.~y, Mnd in rueh arder t~s it m~y determiae. -ty ~ 15. Uponrequest oi 11~ort~~g~oe~~ MortQa~ee m~y, st ite ~ole optaon, from pme to time betare full p~ymmt ot ~tl ind~ted- ueee aeeured hereby, m~ice furt~har advanoee to Mort~or; provided, however, thst the totsl prigaip~l eeoured hero~b~~ Red reme?in- ing unpeid, inoluduyt rny sneh ~rlvanoes. rhall bot ~t wy trme exee~i tl~e o~'' ~prineipal sum seanred hereby. Mo rh~ll exeoute and delirer to M • note evideaicin~ e~h atti'every ruoh further ~dv~oe wlueh Mur~~ee mRq~e, eaoh note to be psyable on or~before msturity of t~he indebtednes~ seoured hereby ~nd to oontsiu suoh terans ~s Mort~a~es ahrll r~equire. Mortga~ur ~hall pa~y sll suah further sdvaneen ~vith in+Lereet, aad tYhe a~me, and e~oh note eridene~'o~ tLe s~me, aha~ be+ seoured bereby. All proviaioas d this mort~a~e ~hwll~~pply to e~oh turther advaaoe aa weU ~ to ~ll othec indebtednea ` aecured hereby. Notlun~ he~ein ooat~ined, however, ahsll Larit the smount reeured by thie mort~a~e i[ snoh amonnt ie ~ p~ inore~sed by~dve~noee made by Mortg~+ee, ar herein etee~vhere provided for to proteot the seourity. The word "Mortgagor" ~ as ueed in this pangroph, ineludea aay euooae~or in o~vnership oi tl?e premisee. . 16. No deLy b~ Mo~ tn exeroieiag sny ri~ht ar remedq he~eunder, or otharaide s~orded by L?w, sh~?ll oparste as s ~vuver thereof orpreatude .fie exeroiee thereot dur~ng the coutinuanoe of aay defsult hereunder. No wsiver by Mortqa~ee of any defsult shsll oonetitute e? wuver ot or oonsent ta nu~ uent detaults. No failure of Mortga~ee 6o exeroiae aqy optaon herein given to e?ooelerste maturity ot the debE hereby aeoured, no torbe~n?noe by Mortg~ee be[ore or dter the ezeroiee of suoh option and no withdrswal or ~bsndonment of foreolosure prooeedinga by Mortgsgee ahaU be Lrkeu or oonatrued sa a wsiver ot its cight Lo exeroise auoh option or to aooelerate the matunty ot the debt hereby eeouted by reaeon ot sny past, preeent or future defsult on ehe part oi Mortgegor; and, in like msnner, Lhe proaurement of insuraaoe or tha pe?yw ent ot taxes or other liens ar ohs?rges by Mortgngee ~hsll not be taken or ooaetrued aa a wsiver of ita right to sooelerste the maturity of the deht hereby seeured. ' 17. Without aHevting the liability~ of Mortg~sgvr or any other ~peraon (except any peraon expressly releesed in writing) for payment oi any indebtedneea eeoured hereby or for performe?nce of sny obligstion contained herein, snd without sffeoting ths right~ of 14iortgagee with rexpect to any seourity not expressly releasecl in wr~ting, AZOP~g'Ag86 I11A}', at sny time and from time ta time, eithar h~efore or aftar the msturity of seid note, and without notioe or esontaent: (a) Relesse any person liable for payment of all or any part ot tha indebtedness or tor performance of any nbiigation. (b) Mske any agre~emect extending the tim9 or otherwieu+ altering the terms of payment oi all or any part of the ' indebtednesa, or modifying or waiving any obligatiun, or sulwrdinating, modify~ng or otherwise dealic~g with the lien or charge bereof. (o) Exercise or refrain from ezerciaing ur waive any right :Ylortgagee mav have. (d) AocepL sdditionsl seourity of sny kind. (o) Iieleaee or otherwige deal with any praperty, real ur peraonal, securing the indebtedneres, inoluding aU ot any pa~rt af the property mortgsged hereby. 18. Any agreement hereafter made by Mortgt~or and Mortgagee pursuant tc> this martgage shall be superior to the rights of the holder of a?ny intervening lien or enonmbranoe. 19. Mortgng~or hereby waivee all right of homeetesd e:emption in th.e property anbjeat to thie mort~+e. Z0. The oovenanta snd agreements herein oontained shall bind and the bene8te and advsnt~ges ehali inure to the reepea tive heira, executom, admin~strators, suc~cessors andass~gns of Lhe partiee bereto. Wherever useci, the singuLar number shsli include the plural, the plural the singulsr, e~nd tha use oi any gen3er she?ll be sppliosble t'o all gendera. All ooveneu~te, agree- ments and undertakinga shall be joint a,nd aeveral. In the event sdditional numt~ered oovenante sre fot ooa . inser6ed in this mortga~e foliowin~ the legal de~sription, euoh sdditional oovenante ehsll be resd and given effeat 1ie th~bl~na this oovenewt m oonsevut~ve order. IN WI'~ tYLe saiud Mo~Bor h~a met 2xie h~.r,: u~rd ~e~?~. ~?~y?....,.,,; a~d yssr Sl.ra~ a'bov~a wri.~~tena _ SONY°IJVBy ~NC. `'r~c~ ;`~q~ ~ i': _ ~,~d Sealsd an~ Deli'v~eresi Sn ~ao ~ ~ ~ r ~l~~,.:; , ;~y~J . . „p;' ~1"~~'ID~ ~ eslcien ~ c ;~v . ~a . . . • • ~ ~ . ~Y~ s f~• N•~• ~ ~C ~~i~i98~i: ~?A4~ttl~~~~'. (c° 9C.Y'9• &S'~ SON-HOB, I . f F~- ~ ~ • ~~7-~~~_-. ~ ~L F i: c~ r . ~i"~~ ~ ' J . ~ ~~7 ~ ~ ~ ~ ~'Attest: - ~ - C~1'1'Z OF ORANGE ~ nated this~f` ~"day ~ ";~:•~9~65:' ~ ~ ` - ~ ~ y,. i ~ ~ I N3~~E~Y_ CERTI~'Y that on t~zis da;~, before me, ar! officer duly a u t h o r i z e d i n t h e S t a t p a n d C o u nt y ai'oresaid to tal.e acknowledgments, ~ersanally appeared well known to me to be the President and Sacretary resnectivel;~ ef the coraor~.tion namad as grantc~r in the foregoing deed~ ~nd that they severally acknowlad~ed executing the same in the ~resence of two subscrib~ inb witnesses freely and voluntarily undor authority duly vested in them b~ said ccr~oration and t'~at ~he seal affiaed thereto is the ~rue corp~»ate seal of said corporationo WITNESS rnv hand and ofi j_cial se~al ir~ the Ca~ n~~r an~ Sta~;e last af ore~s aid ttiis da,-~ os 'd~~ve*~ber, A. D. 196~ a' ' ~~!'~.,~u-• ~ . c-'~i ~-x,-.~%c.~.ei~:.~..... , '"otary Publ.ic, S~ate of Florida ~.t L~zrge . Ci~~ R~A~ o 0 o K 'Mj~ commission AX'.~1.I'8S: ~f~!~rY G:~~~ ~t_:! p` F!ord3 a+. ~ar~a - ~ t . ~ Z~, I965 ~ n..cJ ..y ;.r~izr.._.i .,..rety .,o. Of ~1. Y. ~~!111 I'I ~ • ' ~ ~~J ~i~: r , ~ . + RQt,~~V.l~ ~~.r ~ ~(i1v~_ . t ,i. ' ..r. l,'_L.f\f~ ~ ~ ~ S i . L.!J~;E~ COU~: ? Y. • ' i~U~~K.~.e~~ FLORI~A r