HomeMy WebLinkAbout0642 14. tP thH i~xiehtc~lne,s ~crurFd hereb~~ ig nuw or hercjatter further secured by ohattel rnortge~e~s, p!ed~s, contraets of
kutrranty, a,~~i~;nmc~nt~ ut Ic~seN, ur ulher ,ecttriticri, or ii the premi~a hereby enoumber~ cxrnaiatrz of mure thau one parcc~l,
1Yurt{;a~~c+ may at its uption exiisust au~y une ur nwre ut eiaid secuntien and the security hereunder, or ~uch putseLs of tLe
~curity hen~undar, either ouneurrently or indepe4~Nntlv, and in suah orcler aa it may deWrmine.
15. ['µon rec ue~st uf Murt~go r, Mortgegee msy, at its sole uption, fmm time to Lime t~e,fore full payment o[ e?11 indebted-
ncm~ securecl her~~y~, make furttier advanees G~ Murtgagor; providE+d, however, thst the totai principt?1 seoured 6erebq and remain-
it~ uripaid, includi~~ anv suoh e?dvnneeb, 9hall not at sny tirne exoeed the orig~asl principal sum ~eoured hereby. Mortgagor Hhall
rxc+cute enci deliver tu i~iortga~c+e a aote evidenoing euch and everv auah further ~dvsnoe which Mortgsg~ee may make, eueh
uota W be payable un ur b~foce maturity of the iadebtedness secsured hereby t?nd to oontain suoh tsrms as biortgsRee ahsll
rc+quire. ASortga~,ror shall pay sll suoh further acivanoes with inEerest:, and t6e same, and each note evidena~ng the aame, shall
t~c, sc~curerl tiereby. A? provisions ot thib mortgage shalt a ply to e~soh further advunoe a?e well aa to all other indebtecineea
e
aecured hereby. Nothing herein contained, how~ever, ah 1 limit the amouat eeoured by thia mortg~re d suoh nmount is
incresac~i by advanoes made by l~iortga~e, as herein elsew~here provided for to proteot the seourity. The word "Mortga~gur"
as use~cl in this paragraph, inoludes any euooeesor in ownerahip of the preniises.
16. No delay by Mort~a~q~e ln exercising any ri~ht or remc~dy hereunder, or otherwise, atiorded b~y law, ehaU nperate ax a
waiver therc~of or preclude the exercise thereo[ during the cantinuance of any deiault hereunder. ivo waiver by hiortga~e
of any default ,hall constitute s wniver of or ouiisent to subsec~uent defaults. No ft?ilure uf Mortgagee to exeraise eny option
}terein given to accelerate maturity of the debt hereby secured, no forbearnnoe by Mortgagee beiore or atter the ezeraise ot
such option and no withdrawal or abandonment of foreclosure grooeedinga by Mortgagee ahall be Laken or construeci as a
waiver o[ itx right to exercise such option ur Lo aecelerate the maturity oP Lhe debt hereby aecured by renson of any past,
present or future default on the part of Mortgx~;or; and, iii like manner, the procuremet~t of inaurauee or the payment of taaea
or other lienx or chargea by Mort~agee shall not be tsken or oonstrued as a waiver of its right tu acoelerate the maturity ot
the debt hereby seoured.
1". VVithout aHecting the liability of Mortgagor or any other ~person (except any person expre~sly rele~sed in writing) tur
payrnent ot sny indebtedness secured hereby or tor pertormance of any obligation conts~neci herein, end without aHecting the
r~ghta of Mortgagee with respect to any secur~ty not expre3sly released in writing, Mortgdgee may, at any timo anci from tirne
to time, either before or aftor the maturity of said note, and without notice or conaent:
(a) ftelease any person liable for payment of ell ar auy part of the indebtedness or fur peeformance ot any obligation.
(b) Make any agreement extending the time or otherwise altering the t~+rms ot payment oF all or anv part of the
indebtedness, or modifying or wa~ving any abli~xtion, or subordinating, modifying or otherwise dealing with the
lien or charge hereof.
(c) Ezercise or refrain from exerciaing or waive any right Mortgagee may have.
(d) Acoept additional seourity of any kind.
(e) Release or otherwise deal with any property, real or personal, securing the indehtaciness, iiticluding all or any part
of the property rnortgaged hereby.
18. Any agreement hereafter made by ~iortgagor and Mortgagee pursuant to this mortgag^e shall be superior to the rights of
che holder of any intervening lien or enaumbranoe.
19. Mortgagor hereby waiaes All right of homestesd eaemption in the property subjeat Lo this mort~age.
Z0. The covenants and agreementa herein aontained ahall bind and the bene8ts and advantagee ahsll inure to the reepeo
tive heirs, executors, administrstors, auoceseors and ass~'
ns o[ the partiea hereto. Wherever used, the si lar number ahall
include the plural, the plural the singular, snd the use of sny gender shall be appliasble to all genders. A~covensnta, eigc'es-
ments snd undertakings shall be joint and several. In the event additional numbered oovenante aro for aonvenienoe inserted
in this mortgage followin~ the legal deecription, suoh additional aovenants ehall be resd and giveu eseot as thau;h tollowing
this oovenant w ooneeoutave order.
IN WI'PlY;iSS WH~70~, the said Nort~agor has set i~a hnnd ~d as~l t.b~a dsy
~nd year fi.rs~ abov+e ~rltten.
,
Signed, Sealed and I3elivered in the tS~)
pre~~ of uas esse W. Haunilton
~
~ ~ ~ ~l-~~~..,~ _ (SF~AL}
y , Ine s H Qn
ll ~ i -
~TATE OF FL4~Dl1 j ~
GQIIi~'I'Y OF ST LU C IE )
I I~'~tEBY CF~T:LF'Y that o~ thia day baPore me, an otficer duly au~horized
in the Countq and StAte afoY'es~id t.a tame acl~ovl..~d~ents persvnall~ aFPoared
J~'...::SE W. HI,MIZ~ON and ~r'FZ HA~"TL~N~ his ~ife
t~ me ki2nt~ii to b0 th8 p~'SaD(s) dr9sCribed iii ~3]d Mh0 exaCtitad thB 1~aT!lg0~3g"~~..,.,.,.
Mort6~8'e, ~aud they acl~v?leci~ed t~fare we t~t~at they ezs4~d,~~+;_s~.;'~~,
, .
; ~ • ~ . ~ .
WI'~i~SS my h~nd and ofi3cisl aeal in t.~s Countq at~d State ~s~it a~~.=,;..•`~
~aid this ~9 day of :lovember A. D. 1965 - : _ ` : _
.
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