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13. If default be made ia paymeat, when due. ot anr i~debtednes~ secured hereby, or in pertormaece o[ any of Mo~t-
gagor': obligations, covrnanu or agmmenq hereuad~r:
(a) Mortgagee is authorucd at any time, without notice, ia its wle dixretion to ente~ upon and take posiwion oE the
premius or any part thereof, to pertorm u?y uts Mortgage~ deeuu ~ccessary or prope~ to rnnserve the iecurity snd to coliect
and receive all rents, iuua and pcofits thereof~ including those past due as wc[1 as those accnuns thereafter. and
(b) Mortgagee shaU be entitled, as a matter of suict right and without regud to the value or occupancy of !he security, +
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to have a receiver appointed to enter upoa and ~ake poasa:io~ o( tAe pnmisa. collect the rcnts and profits there(rom and apply ;
the same as t6e court may dirett, sucb receive~ to have all the righq and powers penpuiued under the laws o[ Florida.
In either suc6 case Mortgagee or the receive~ may also take possasion ot, and for tAese purposa use, any and ati penonal ~
pmpeny contained in the premisa and used by MoKgagor in the rental or leasing thercof or any part thereo[. The expense
(including receivers tecs, counsel fees, cosb and agent's compensationj incurred punuant to the powen herein contained ahal!
be secured hereby. Mortgagee shall (a(ter paymeat of all coats and ~:pensa incurred) apply such renq, iuua and pmGts meived
by it on the indebtednrss aecured hereby in such order as Mortgagee deteraiinea. The right to enter aad talce possession of said
property, to manage and operate the same. and to collect the rents, issues and profiti thereot, whether by a receiver or otherwisq ;
s6all be cumulative to any other right or remedy hereunder or affordrd by law, and may be exercised concurnntly therewith ;
or independently thereof. Mortgagee shall be liable to account only tor such nnts, issues and pcofiu actually received by Mortgagee. ;
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14. If the indebtednas secured hereby u now or hereafter further secured by chattel mortgaga, pledga, contracts oE ~
guuanty, assignmrnu of leasu, or other securitia, or it the premisu hereby cncumbered consisb of more than one pa~cel,
I?iortgagee may at its option exhaust any one or more of said securitia and the security hereunder, or suc6 par¢els of the iecurity ~
hereunder. either concurrently or independently, and in such order as it may detertnint_ ~
15. No delay by Mortgagee in exercising any right or remedy hereunder, or otherwise atEorded by law, shap operate aa a ~
waiver thereof or prectude tht exercise thereof during the continuance of any default hereunder. No wai~~er by Mortgagee of any ~
default ahall comtitute a waiver af oc consent to subaequrnt defaulu.
16. Without affecting the liability oE any penon( other than any penon rcleased punuant hereto) far paymeat of any
indebtednas secured hercby, md without aifecting the priority or eatmt of the lien hereof upon any pmperty not specificalty
released punuant hereto, Mortgaget may at any time and from time to time, without notice and without lirrutation as to any
legal right or pri~rilege o( Mortgagee:
(a) Rdease any penon liahle for payment of any indrbtedness securtd hereby.
(b} Factend the time or agree to alter the terms of payment of any of the indebtedness. ~
(c) Accept additioaal security ot aay kind.
(d) Release any pmperty securing the indebtednes~. x
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(e) Consent to the cnation of any eascment on or over the prcmises or any covena~n ratricting use or cecupancy thereof. i
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17. Any agreement herea(ter made by Mongagor and Mortgagee pursuant to this mortgage shal) be superior to the rights ~
of the holder ot any intervening lien or encumbrance.
18. Mortgagor herrby waives all right of homestead excmption in the property subject to this mortgage.
19. The covenants and agreements herein coataiaed shall bind and the bendits and advantaga ahall inure to the rapective
heirs, euecuton, adminisuaton, succasors and assigns of the parties hereto. W6ere~~er used, the singular number shall include
the plural, the plural the singular, and the ux of any gender s6a11 be applicable to aU genders. All covenants, agreemenu and
undertakings s6a11 be joiat and several. In t6e evrnt addiuonal numbered covenants are for coavenience inurted in this mortgage
foUowing the tegal dacription, such additional covenants shaU be read and given effect as though following this eovenant in
con~ecutive otdv.
20. Anr deficiency in the amount of such aggregate monthly payment shaU, unleu made good by the Mortgagor prior to
the due date of the ne:t such payment, coastitute an event of default under this mongage. At Mortgagee's option, Mortgagor will
pay a"late chargd' not ezceeding four per centum (49'0 ) oi any installment when paid more tban fdteen (15) days aiter the ~
due date thereof to rnver the txtra e:pense mvolved in 6andling dclinquent payments, but such "late chargd' ahall not be payable
out ot the proceeds of any sale made to utisfy tbe indebtednas secured hereby, unlea :uch proceeds are sufCcient to disc6arge the }
entire indebtednas. _
IN WITNESS WHEREOF e uid Mortgagors 'r7=11~ar.i A. P.n~erson and Verna 1Lnderson, his ;aife ~
hercunto set ~heir b~ ~ ~ the day and year fint above written. ~
Signed. s a d ed ' e of• ~ , ~ ~
FILEO AN9 ~tECORDED "
t. LUC1E COl1NTY FU. ~i " EwL)
O~TRAS li vn A. F e o ~
l'~/' . ~/~~l CLEgK vi."'. ~ltiT COl1R , ~..?_'C~_ ~~/JZ" `~~e~'3-~_
.dL~ =-.7 n~66r,p rE~.~~iEO a'~:.~,P3a:. (saw~~ ~
STATE QF~ FI.~i~? : ~
~oU~.,t oF I+~u 6 12 04 PM'7Z ~1400 ~
I, an o[Gcer authorizod to uke uknowledgmenu oE deeds according to t4e laws of t6e Sute of Florida, duly qualified and ~
acting, HEREBY CERTIFY that - F7TI'LI1~i~1 A. A'.PJE.'P.aOt~* ?rid t'ERNI~ AN7EP.SdN'. , hi s wife ~
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to me penonaUr known. this day personally aPp~ared and acknowledged betore me that ~hev u«uted t6e foregou?g Mort- ;
gage, and I FURTHER CERTIFY that I I~now the said per~o~ mal~ing said ac~nowledgment to be the individual 1';J ~
dacribed in and who e~ecuted tLe ~aid Mongage. ~
AND I FURTHER CERTIFY that ~aid - ~'~'-tttr~ A!1DE~tSO~I
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;s known to me eo be tLe wife oE said +'~ILLIAt~! A. A`IDERSO*: ~
and that she dtis dsr acl~nowledged w aai before me, ieparatdy and apart irom her said husbaad, ehat the execuced the said ~
Mortgage. Deed for't~e, of reaouncing and reiinquis6in6 her dower and rig6t of dowcr and sepuate aute in and
to the Luds~ tlieeei~ d~~~, and that ~he acecuted the same Ireely aad voluntarilp and without compulsion, comtraint, apprc- i
heiuion,lic-iea;,,p~'br• ! 3ret~ 6usband. ~
!T7 t'1~~~~Wli~~p`j~t„•I hereunw set my hand aad ofCcial ~eal at Fort P? erce, Floz'id ~d unty ~
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3~.~~ ~t r?o~?c~r A. D., i9 ~ ~
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• ~ Notary b c State o( Fbrida at La~e
Nodery Pubrc. State d Florid~ n lsr~
~y ~~a ~
U k ~O"'f ~~~~Q~ My Comm~ss?on E~p~res Sept. 1. 197~ ~
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