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HomeMy WebLinkAbout0014 ~ ~ ~ ! t 13. I( de(ault be made in paYment, whrn due, o[ any ioclebtevlness ucu~ed he~eby. or in. {xrtormance ot any of Mo~t• ~ saaor's obligation~. rn~~ena~u or a6ocemeau he~eunde~: . (a) Mort6aaee u aut6ar~ed at any time, without notice, in its wlc diic~etion to enter upon and take pouessw~ ot thc Euenusa or aoy pt~t thereol~ to pedorm anr acq Mortsaaee dcem~ ncceuary o~ pcoper to consen~e the secu~ity ar?d to collect and receive all rents, issua and profib the~ro(. indudina thoae past due as well u thwc accruina thcre~[a ter, and . (b) I?~ortgasee ahall be entitled, as a matter ot ttrict riaht a~d without ~esard to the value or occupancy ot the security. to have a receiver appointcd to cnter upon and take poaiession of the premises~ coilect the aents and profits thcrc(rom ~nd apply the same as the court may di~ect, such ~eceive~ to ha~e all the ~iahb and powen permitted unde~ tAe laws o[ Fbrida. ? In eithet iuch ca~e Moctgagee or the receiver msy also take pouession of, and (or theu purposea use. any and all penonal propertr contained i~ the pcemises and uscd by Mortgagor in the rental or leasing thereot or anr part thercof. The expensc (including receiver's (ea, counxl fees, cwts and agent i ompensation) incurrcd punuant to the powen herein co~tained thall lx secured hereby. biortgagee aAaU (atter paym~nt ot all cost~ and expenses incurnd) Apply wch ~ents, issues and proCts received by it o~ the i~debtednrss securcd hereby in such ordu u ltortgagee detennines. The right to enter and take poueuion ot said property, to manage and ope~ate the ~me. and to rnUect the rrnts, issua and protits thereof, whether bp a receiver or otherwise, a6all be cumulative to anr othn rigAt or re~nnedr 6ereunder or at(orded by law, and may be e:e~cised concu~rendy thercwith or independently thereof. Mortgagee shaU be liable to account onlr for such rcnts. issup and pro(ib actuaUy received br Mortgagee. 14. I[ the indebtedness secured hereby is now or hereaftec further securcd by chattel mortgaga, pledga, contracts of guarantr. assianmena of leasea, or other securitia, or if the premises hereby encumbered consisn of more than one parcd. Mortga6ee may at its option exhaust any one o~ more o[ said securities and the security reunder, o~ such parcels o[ the security henunder, eithe~ concurr~ntly or independently, and in such order as it may determine. 15. No delay by Mortgagee in exercising any right or rcmedy here}~nder. or otherwuo af(orded by law, ahall operate a~ a waiver thercof or preclude the execciu thercof during the continuance y~i any default hereunder. No wai~•er br Mortgagee o[ any de(ault shaU comtitute a waiver of or consent to subaequent defaults. ~ 16. Without affecting the liability of any penon( other than any person rcleased punuant hereto) for payment of any indebtedness secund. hereby. and without afleccing the prioritr or extent of the lirn hereof upon any property not speciGcaUy releascd punuant hereto, Mort~ec may at any time and trom time to time, without notice and without limitation ~s to any legal right or privilege oi Mortgagee: (a) Rclease any penon liable tor paymeat o[ any indebtednw ucu~ed hereby. (b) F.~ctend t6e time or ag~ee to alter the terms of payment o! any of the indebtednas. " ' (c) Accept additioaal security o[ any kind? ; (d) Releaae any property securing the indebtednas. ? (e) Consent to the creation ot any easemeat on or over the prcmises or any covenants restricting use or occupancy thereof. 17. Any agreement hereafter made by Mortgagor and Mortgagee punuant to t6is mortgage shall be superior to the rights of the holder o( anY intervening lien or encumbrartce~;~ ~ 18. 1?fortgagor henby waiva aU right of homatead e~cemption in ehe pmperry subject to this mortgage. 19. The covenanu and agreemenb herein contained shall bind and the benetits and advantages shall inuro to t6e respecti~e ~ heirs, eaecuton, administraton, successon and assigns o[ the parties hereto. Wherner used, the singular number ahali include the plural, the plural the singular, and the ux of wy gender shall be applicable to al! genden. All coveoanta. agreements and undertakings shall be j9 m~t and ~eral. In the event additioaal numbered covenants are (or convenience inaerted in this mongage ; folbwing the legal d,~4cription, such additional covenaats shall be read and given e([ect as though (olbwing this covenaat in consecutive order. 20. Mr deficienq in the amount of such aggregate monthly payment shall, unlw made good by the Mortgagor prior to the due date of the a~t such payment. comtitute an evmt of default under this mortgage. At Mortgagee's option. Mortgagor will pay a"late chuge' aot exceeding tour per ceatum (496) of any installmrnt when paid more than Stteen (IS) days atter the due date thereoE to co r the eutra expense mvolved in handling ddinquent paymenb, but such "late chargd' shall noc be payable out of the proceeds~y sale made co sac;sfy che indebeedness secured hereby, unlas such proceeds are sutCcirnt to discharge the cntire indebtedneu ~ ~ I:v WITNESS WHEREOF, ~he said Mortgagor Francis J. Iara~ therine G. Rvan, his rife, ~ hereunto ~et t p~ r hand-S__ and ~e~1 S the day and yeu first above written. ? . ~ i. g ' Signed~e ed and de ' red . the pr n of : ~ - 1 ~ ~ ~ ~ ut ` -(Scwc) ~ ~ _Cl ~ J. lZy • ~~Si ~ L ~ ~ S1'ATE OF ~ ~ Jggsgy Catherine G. an ~ COUN'TY OF IO~X ' ? ~ I~G.QR ~ S w ersey I, an otficer audwrized to ute acknowkdgments of deeds according to the laws of t6e State o~~duly qualified and accing, HEREBY CERTIFY thac F~~S J. RXAN and CAT~RINB G. RYAN, his Mife , ~ _ ~ ~ ~ to we penonallr known, ~ aar ~o4aur appeared and acknowledged betore me that t~X executed the foregoing Mort- r gage. and I FURTHER CERTIFY that I~rww tLe ~aid person S making ~aid acknowledgment to be the individua~ 8 dacribed in aad who ~ecuted the said ]~ortaaga AND I FURTHER CE1tTIFY that said = ~ " ; . „_y:'~'~~.~~ ~~:i:;,~=~~a ; ~ is known to me to be the wife oE uid F RANCI S J. RYAN . and that th4 this da uknowkd to and beforc me a and a from her uid huiband that rjl ~ • 7 6~ , W*atelp Part . ~ Mo for tL~ purpa~~ of reaouncina aad rd'uiquishina her dower and risht of dowa ~ ~ to ffp ~ ' dauibed, and etut s6e ez«uud ehe same freeir and voluntarilr and without ,3'~= ~ b~'r~bt~ t~ ea b~,.~a. : b f'? : ~ ~V ~ ' : ~ t`~ ` ~ ~,~t}p~~Yli17~~S ~Y~iSREOF, I hereun~o sec mr har,d and official seal ac ~ - ^ ~ ~y a,s ~•~ld~~PPL_"-~..._ , *~~.-.:a f~ : } ~ ! f o t~t~ da af Dec r A. D. 9~~. -~~."i., Ft'~ ~ ~ ~r " J : ~ ~dBE _ll. FERDINI~ND t , ~ : ~ ~ ; ~ u ' d . ~y ~'s~ t/ ~ - ~ ~ , ~ ~T~kt ~C G = N E JY : E ~ltr . ` I • ~ Q ' ~~~{~yK?as10M exciR<< yR~.: ~ z~ ~e~~ Notary Pub6c Sace ot a~~ ¦ . ~ _ ~ ,~r~t~~~~an,~ ~ ei i ~ ~ ~ s~ ~ . ~ ~ 3 _ .Zo~ 7 ~ ~ , - - ~ r. ,:.`{i~,~= ~ ~ - ..:r ~ ~ ~189 ~ ~4 ~ - - ~ - - - ~ -T ~ bf.P~ _ - ~~~~5 ~f ~3~, . ...~x....,,..x..~ , s'.:':~ a . ~~~~f _ ~ . h.