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Home My WebLink About1672 13. It de(ault be made in payment, when due, o( any indebtcdness secu~cd hereby, or in per[ormancc ot any o( Atort- gayor's obligations, covenanu or agreements hereunder: (a) Mortgagee is authorized at any timt, without notice, in its sole discretion to enter upon and take pou~ssion ot the preinises or any part thereof, to per[otm any acts I?iortgagee deems necessary o~ proper to consen~e the security and to coUect and receive all rents, issuea and profib thereof, including those past due as well as those accrui~g therea[ter. and (b) Llortgagee shall be entitled, as a matte~ o[ strict right and without rcgard to the ~•alue or occupancy o( the security, to have a recei~•er appoi~ted to enter upon and take possestion ot the premisa, collect the re~its and profits there(rom and apply • the same as the court may direct, such ~eceiver to have all the rights and powen perinitted under the laws o! Florida. In either such case I?iortgagee or the receiver may also take possession of, a~d for these purpoxs use, any and all personal property contained in the premises and used by Mortgagor in the rental or lessing thercof or any part thcreo[. The expens~ (including recei~•er's tecs, counsel (ees, cosu and agent's compensation) incurred pursuant to the powers herein contained shaU be secured hereby. I?fortgagee shall (after paymrnt of all cosu and expenses incurrc~cl) apply such rrnes, issua and profits reeeiveci by it on the indcbtedness secured hercby in such order u Mortgagee detennines. The right to enter and take poueuion of saici property, to manage and operate the same, and to collect the renb, issua and pro(iu thereof, whether by a recei~•er or oth~rwis~, shaU be cumulati~•e to any othe~ right or remedy hereunder or af(orded by law, and may be exerciseti concurrently therewith or independently thereof. Mortgagee shall be liabie to account only for such rents, issues and profiu actually received by Iliortgagee. 14. lf the indebtedness secured hereby is now or hereafter further secured by chattd mongages, pledga, contracu of guaranty, assignments of leasa, or other securities, or if the premises hereby encumb~rcd consisu of more than one parcel, \tortgagee ma> at its option exhaust any one or mo~e o( said securities and the securit~ hereunder, or such parcels of the security hereunder, either concurrently or ind~pendently, and in such order as it may determine. IS. No delay by Mortgagee in exercising any right or remedy hereunder, or otherwue affonled by law, shall operate as a waieer thereot or preclude the exerciu thereof during the co~tinuance of any default h~reunder. I~o wai~•er by 1liortgagee o[ any de(ault shall constitute a waiver of or consent to subsequent defaulb. 16. Without affecting the liability of any penon( other than any pcnon nleased pursuant hereto) for payment o[ any indebtc~lnas secured hereby, and without affecting the priority or extent of the licn hereo[ upon any property not specifically released pursuant hereto, Mortgagce may at any time and from time to time, without notice and without limitation as to an~ legal right or pri~•ilege of 1liortgagee: (a) Release any pecson Ziable for payment of any indobted~ess secured hereby. (b) Extend the time or agree to alter the terms of payment of any of thc indebtedness. (c) Accept additional security of any kind. (d) Release any property securing the indebtedness. (e) Consent to the creation of any easement on or over the premises or any covenanu restricting use or occupancy thereof. l7. Any agreement hereaftcr made by Mortgagor and tiiortgage~ pursuant to thu mortgage shall be superior to the rights o( the holder of any inten•ening lien or encumbrance. 18. 1~fortgagor hereby waiva all right of homestead exemption in the property subject to this mortgaga 19_ The co~•enants and agreements herein contained shall bind and the beneEits and ad~antages shaU inure to the respective • hcirs, executors, administraton, succason and auigns of the parties hereto. \Yhere~•er used, the ungular numbar shall include the plural, the plural the singular, and the use of any gender ahall be applicaGle to all genden. All co~~enants, agreemenu and undertakings shall be joint and several. In the event additional numbered covenants are for convenience inserted in this mortgage following the legal description, such additional covenants shall be read and given effect as though following thu covenant in consecutive order. 20. Any deficiency in the amount of such aggrcgate monthly payinent shaU, unless made good by the 1lfortgagor prior to ~ the due date of the ne:t such paymeat, constitute an event of default under this mortgage. At :liortgagee's option, Mortgagor will i pay a"late charge" not exceeding tour per centum (43~0) of any installment when paid more than Ctteen (15) days after the ~ due date thereof to cover the exva upense im•olvod in handiing ddinquent payments, but such "late charge" shall not be payable E out of the procecds of any sale made to satisfy the indebtedness secured hereby, unless such proceeds are sut(icient to discharge the i entire indebtedness_ i ~ I~i \\'IT\ESS ~YHEREOF, the said Mortgagor~-,__ HarOld j,~. 1+inct~a+i~,1~~C~pl_jZ~th~ hiS wife hcrcunto set their hand..S-_ and seaL3-_ the day and year [int above written. Si~ned~ ualed and ~eliv jetFd ~n e presence of : ' /~~iyA{~~ ~ ~-~~<~'G~c-csy.~ , [F t~~~ - (SewL) H oia L~~~e ~ ~ I\ ~7f~-~1~ - C•~--~- ~..-._(SEAL) STATE OF FI~RIL~Ci~ - COUNTY OF ~$pc . - I, an officer authorized to take acknowledgmenu o( deeds according to the laws of the State ot Florida, duly quali[ied and acting, HEREBY CERTIFY that Narold L. RhineQ++~th nd arnl R Rhi c~acmith~ hi fo_____ to me personally known, this day penonally appeared and actnowledged betore me that ~eY executed the (oregoing 1liort- gage, and I FURTHER CERTIFY that I know the said person S mating said acknowledgment to be the individualT_ described in and who uecuted the said Mortgage. ~ Carol R. Rhinesu~ith ~ A~1D I FURTHER CERTIFY that said is known to me to be the wife of said Harold L. Rhinesmith •.;y ~ , ~ and that she this day acknowledged to and before me. uparately and ~~patr~ftstq~6ee`:~id:6usband, that she executed the said i Mortgage Dced for the purpc?s~ of renouncing and relinquisFlitig ET dc~r ~ t~t of dower and separate atate in and to the lands therein described, and that she executed the same (re~!'y ~:v~.~ ~lEiQ.~without tompulsion, consvaint, appre- ~ hension or fear of or from her husband. : : ~~•!~i 4" ~ . . " I~T WITIVESS WHEREOF, I hereunto set my hand and officiaX ~ said County ~ SePt~nber ~ ~ and State, this 18th _ day oE E_ A. D ~ • ~ `~2 t. ~ • ~ f 4 ~MB RO ~Public State of Florida at Large My commission expires ~,{j~1 E _ ~ ~ • ppGfA p01TRA w • S~te of Florid~ at Larqe • CLERK C~~CUIt COURT ~ ~ v • RECO~tD YER!f1E0.r--- I~II~ Commis:ion Expret Od. 3. 1973 n y2y0b i~~•k 1s69 bW~d ~1 Aa~mcaw ~.n A Gs~~%h Co 3VLr: SEt ZI 1 v9 ~M'?Z 23846'7 ~ _ _ - - _ - -