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13. I( dd~ult be aude ia p+~yuen~, wbcn Juc, u( any ~udebte.lucu ~e.urr.1 1?eret?y, ot in pertotniaoce o( anp o( A1o~1-
sa~or'• oWiaatio~u, co~Ynanq or a~recmenq heceunde~: •
(a) Irtort~uee u autboriud +~t auY time. witLout ~x~tice, in iu wk discretion to eate~ upun a~! take pot~easion ot the
premirea or anr part tLereat. to pe~torm aar ub Mort~asce deeau ncceasary or propet ~o conserve the ucu~tp and to collect
and receive all reaq. i~ua and profib tAereol, iacladina thwe {wt due u weQ as tAwe ucruios tAeeea(ter, and
(b) Mor~aa~ee .haU be rntided, aa a matter ot strict riaht and without trsard to the value o~ occupancr o( the acuritr.
to ha~~e a rccei~tr apfiointed to enter upon snd take poaxssion ot che premisea, collert the rcnu and profiu there(ram and apply
the ~ame at the court mar direct, iuch recei~~er to ba~-e aU the ri~hq and powen permitted undet the laws ot Florida.
In citAer ~uch ca~e Mortsaace o~ the receiver nuY also take pouession o(, and tor thex purposcs use, any and aU penonal
property contained ia the premiies and wed bY 11~o~t~agor in the rental o~ Ieui~R thereof or any psrt thenot. The eapense
(includina receiver't fea, counsel tces. costs and a~ent's compen~ation) incuRed punwnt to thc powen herein rnntained shall
be ~ecured hercbp. Mortgasee sha11 (atter payment of all cosn and espenses incumd) ap~?ly iuch ~e~q, issua and pmfiq receiccd
by it on the iadebtedness secured herebp in sucb ooder as Mortgagee determina. The right to mter and take poausaion of said
p~operty, to maaaaae and aperate the wme. and to tollat the rents. iuua and pmfib thereof, whether b7r a receiver or ot6envise,
shaU be cumulati~ro to an~ other right or remedy Aerrunder or af(orded by law, and may be exerciied concurrently themwith
or indepead~atly thereof. Morigagee shaU be liable to account only for such rents, iaues and profits actually received by Mortga6ee.
14. I[ ehe iadebtednen secured herrby u now or hereafter (unher secured by chattel mongaaa, pledga, eontracb o(
Suuanty~ assi~nments of leases; or other securitia, or if the p~emises hercby encumbeerd rnnsists ot more than one parcd,
Mort6~re may at ib option achaust any one or more of said securitis and tht secutity hereunder. o~ such parrels o[ the ucurity
heteunder, either concurrently or independently, and in such order as it may determine.
1S. No delay br Mortgagee in exercising any right or remcdy hercundcr, or otherwise afforded by law, shaU opente as a
waiver t6ereo[ or preclude the acercise t6ereof during the continuance of any default hereunder. Ko wai~tr by Mortgagee of any
default shall comtitute a waiver of or consent to iubsequent defaults.
16. Wit6out affcetiag the liability o[ any person( other than any perwrt released pursuant hereto) tor paymeat o( sny
indcbtedness ~ecuntil hereby. and without atf«ting the priority or extent of the lirn hereof upon any property not specifically
rcleased pursuu?t hereto, Mottsagee may at any time and from tiine to time, without noticc and without limitation as to any
lesal right or privikge of Mortgagee:
(a) Relwe any person liable for payment of any indebtcdnrss secund hereby.
(b) Extmd the time or agree to alter the temu of payment of any ot the indebtednas.
(c) Aceept additional security ot any tind. J
(d) Release any property securing the indebtedness.
(e) Consent to the creation of any easeuxnt oa or o~•er the premises or any covenants ratricting use or occupanc7~ thereoE.
17. Any agreement hereafter made by Mortgagor and \iortgagee punuant to this mortgage shaQ be superior to the rights
o[ che holder of any inten~ening lim or encumbrance.
18. Mortgagor h~teby waives all right ot homatwd eacemption in the property subject to this mongaga
19. The co~•rnanb and agreemenb herein contained s6a11 bind and the benefib and advaatasa shall iaure to t6e rapeetive
heirs, acecutors, administratoes, succasors and assigns of the partia hereto. Whvner ~ued, the tingular number shall include
the plural, the plural the siaaulu. and the use of anr gender shall be applicable to all genden. All covenants, agr~n aed
underukinas shall be joint snd aeveral. In We event additiona! numbercd covenants arc for tonvenience interted in this mortsase
folbwing the legal dacription, auch additional covenants shall be read and given effect as though following thu covenant in
consecutive order. .
20. An~ dJci~ncy in the amount of such aggregate monthly payment shall, unlas made good br the Mortgagor prior to
the due date ot the aact such paymeat, constitute an event of default under this uwrtgaga At Mortgagee's option, Mortgaaor will
pay a"late chugd' not acceeding four per crntum (4%) of any installment when paid morc thaa fifteen (IS) dap after tLe
due date theteof to cover the e:tra upense involved in handling ddinquent paymenu, but such "late chugd' sha11 not be payable
~ out of the proceeds of any sale made to utisfy the indebtedness secured hercby, unleu :uch proceeds arc sufficia~t to dischuge the
~ eatire indcbtedneu.
` i IN wiT~ESS W~IEREO F. ~he said 1?Son a ~w,•_ Joh[1 R. ~an, ~ sincarrle adult; and Francis J.
~ Ryan ar~ Catt~erine G. Ryan, his ~~~e, as Co~ortgagors,
; hercunto set thElY ~ S ana ~ea~ $ the day and year first abrne written.
~l Sign nd delire the prese of : ~
[ _ ~f..~ ~~^-t.. - ~1~$EAL ~ .
~ v. an.
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~ ,~t~' I ~ ~$EAL~ -
~ ~ ` «~r ~"STATE OF FLORIDA - ~y'~ ~ ~
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S~r~ COU~TI' Of~~IE ~ Catherine G. F~i
s , . C7o gagor
~ I, an officer authorized to uke acknowkdgmeats of deeds according to tLe laws of t6e Swte of Fbrida, dulr qualified and
~ xcu?&, HEREBY CER't'IFY ihac F~~IS J. RYAN and CAT~RTNS G. RYAN, his wife,
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to me p~{~~~~riC/, da~ personaUr appeued and acknowledged before me that -t~1r executed the foregoing Mort-
~ gage, ~~•I' ~ that I know the uid perao~ $ making ~aid acknowledgment to be the individ~•~1 $
~ d~ ~ ~ ~i;
~ti~l I~e~ taid ~[ortaase-
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. -St .
~ _ ~~R1'il~Y tha~ u;d CATF~RII~ G. RYAN
o _ .
T ~ ~ • - ~ _ ~ •
~ ~-lbi~i~ ~3~,~e et ~+ud FRANCIS J. '~fAN
'a' ~l ~e
~ and th+tYst~e ~j~Q~~1ede'ad to aod before me, sepuately uid apart from her uid huaband~ tl~st she acecuted tLe uid
~ ddoctaaa,e_I1~1~iqht}~! ~p~- ~ mwuncias and relinquishing hcr dower and ri~ht of dower and separate atate in and
w~e I~eds,~4e~;1i$u~ed, aed ehat ~he acecuted t6e ~ame freely and volunwilr aad ~+it6out compuWon~ coostraint, aPPn-
hension or ini`o~ o~ 1wm ba 6u~band.
IN N ITNESS WHEREOF, I hereunw set my 6and and official seal at F*'~ 1~~ p ~p ' County
aa,~~d suu, ~i. 30th d,r ~ December A. D., ~
~ ?~rr ~unrK. s~,~~ M ~?r,~e, .t ~ _
M) Co~st+o~ EYara Sept, l, lg7$ otary Public State o( Fbnda at I.arse
Mr comwirion upira
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