The URL can be used to link to this page

Home My WebLink About3802 13. 1f de[ault !x m~de in payinent, whrn due, of a~y in:ieLtednrss secured hereby, or in prrformanc~ o( aup uf '~i~xt- ~agor's obligstions, cocrnants or agreements herrunder: (a) ~tortgagee is authorizcd at sny time, without notice, in its sole discretion to ent~r upon and take posscssiw~ o( thr - prenuses or any part thcrrof, to per[orm any acts riortgagee deeins neceuary or proper to conser~•~ the s~curity and to collect anJ recei~•e all rents, issues and pro(ib thercof, induding those past due as wrll as those accruing therra(ter, and (b) I~tortgagee shall br entitled, as a inatter of strict right and without ~egard to the ~•alue or occupanc~• of the security, to ha~•e a rereiver appointrd to enter upon and take posseuion ot the prcmiscs, collect the rrnts and profits theretrom and apply the same as the court may direct, such receiccr to ha~•e all the righu and powers pennitted under the laws of Florida. In either such c:ue ~lortgagee or the recei~•e~ may also take posseuion of, and for these purposes use, any and ali personal proprrty contsinal in the premises and used by Mortgagor i~ the rental or leasing thereol or any part thereof. The expensr jinrluding receivei s fees, counsel (ees, costs and agent's compensationl incurr~d pursuant to the powers herein cont:?inrd sh.~ll be secured hereby. \lortgagee shall (after paym~nt of all cosu and expenses incurred) apply such rents, issu~s and profiu rc.eival by it un the indebtnlneu secured hereLy in such order as Atortgagre detennines. The right tu enter and take pozsessiun of s~id property, to manage and operate the same, and to collect the nnts, issua and protitc th~reof, whether by a recei~•er or otherh~ise, shall be cumulati~•e to any other right or ~emedy hereunder or affordcd by law, and may be ex~rciseci concurrendy therewith or independ~nUy thereo[. I1lortgag~e shall be liable to account only for wch rents, iuues and pro(its actually rec~ived hy 111ortgagee- 14. If the indebtnlneu s~cured hereby is now or h~r~after [urther s~cured by chauel mortgagcs, pledga, contracts o! guaranty, assignmenu of leases, or other securities, or i( th~ pre~~iises hereby encumbered consists of mote than one parcel, \iortgagre may at its option exhaust any one or inore o! said securities and the security hereunder, or such parcels o( the security hereunder, either concurrendy or independrnd,v, and in such order as it may determine. I5. I~o delay by ~iortgagee in rxercising any richt or remedy herrunder, or oth~rwise a((orded by laM~, shall operate as a wai~•cr thereof or preclude the exercise thereof during the continuance o! any default h~reunder. \o wai~•er Ly ~IortGagee of any detault shall constitut~ a wai~~er of or consent to subsequrnt det:wlu. 16. \Yithout atfecting the liability of any person( other than any person releascd pursuant hereto) for payment of any indebtedness s~cured hereby, and without atfecting the priority or extent of the lien hereof upon any property not specificall}• relcascd pursuant hereto, I?tortgagee may at any time and from time to time, without notire and without limitation :?s to any legal right or pti~-il~ge of 1liortgagee_ f LEO AM~ FiECOR0E0 a~ Releas~ an rson liable for a ment of 3n indebtedness securecl hereb S~. WCIE COUNTr FIA. i., Y V~ P Y Y pOCER F~iTRAS (b) Extend the time or agrre to alter the teritu of payment of any of the indebtedness. R~ ORD VER~ IED ~OURT (c) Accept addition~l security of any Icind- ~~~~~5 p (d1 R~l~ase any property securing the indebtcdness. '~l 111'~f. (e) Consent to the creation of any easement on or o~•er the pre~nises or any co~•enanta restricting use or occupancy thereof. 17. :1n~• agreemrnt herca[ter made by 1liortgagor and \lortgaGee pursuant to this mortgage shall be superior to the rights uf the holder of any inten•ening lien or encumbrance. 18. ~iortgagor herebq wai~-es all right of homestcad exemption in the propert~ subject to this mortgage_ 19. The coecnants and agreemenu herein containcd shall bind and the benefits and ad~•antages shall inurc to the respecti~•e heirs, executors, administraton, successon and assigns of the parties hereto. ~Yhere~~er useel, the singular number shall indude the plural, the plural the singular, and the use of any gender shall be applicable to all g~nden. All co~~enants, agreements and undertakings shall be joint and seeeral. In the e~•ent additional numbered covenants arc tor com•enience insertcd in this mortgage following the legal deuription, such additional covenants shall be read and gicen etf~ct as though following this co~•enant in i onsecuti~•e order. i ~ 20. Any deficiency in the amount of such aggregate monthly p~yn~ent shall, unlcss made good by the 1lfortgagor prior to C the due date of the next such payment, constitute an evrnt oE default under this mortgage. At ~fortgagee's option, Mortgagor will f pay a"late charge" not exceeding four per centum (4r/c) oI anp installtnent when paid more than fifteen (15) days after the ~ due date thereoE to co~•er the extra expense invoh•ed in handling delinquent payments, but such "late charge" shall not be payable out of the proceeds o[ any sale made to salisfy the indehtedness sccured hereby. unleu such proceeds are suf[icient to discharge the E entire indebtedness. ~ i ^"-'c;;N.a'y~?- Y~1y.~ ~ ~ t , A•f ' ' , ~~i~`~ ~n ~itness ~hereof 1{~e t~rantor ~as causec~ t~~ese presents to I `,~'iGbAYORATE,SP,?:Fi _ . ~r z~-! ~~e ~x~cut~cl in ifs name. anc{ its corporatP sea~ fo he hereunto aJjixed, 6y its t ~ . • J ~~rop~r o~fir~rs t~~~r~?u~fo t~ttlV aul/ioriz~~c~. t{~~ t~a~ A/l~ VPQ~ ~irst aEiot~e inritten. ~ ~ • , : _ : . , _ . . , : ..r . , ; . ^ ; , . . . . ~ ~ i ~ ~ ~ i ' ~ L~ ~ L-~. -L?._"L lt _<<? ''~t~•-`-- - - - ~ - . ~ . ~ - 1~LRx~?N.. HOMES__ ~ND.. MORI~GAGE,~-- INC. 1 • ~n Se[relarT st ~ Tr~as. ~ c~p ~t~ ir f~~~ presenc~ o: / . ~ ~ ~ . . : . " ` V ~~~~1/ Gve y~~~ti1 - - . Ry..... . , - - - - . r ~ wi liam- l~i: -~~er n - r:~;;a~p~ i ~ . --~2G--.._.. ~ t-'~ - - - ~ ~ - * s~ra7~e oF P'LORIDA ~ - Cc~l'x7'1' c)F ST. I.UCIE . 1 1 IIFRERY Cf.RTIF\' that ~n thi~ dar, h'G.re rtK. in ~.ffir~r duh awh~~rired in tAe Sut~ and Count~ a(or~vid to ukr xknowledem~nts, _ ~ ptr..~naii. appratcd - ~ VSRPA L. ANDERSON and WILLIAM A. ANDERSON . . ~ w~ll ~npMd-t^ ,s~''s? ~Ip ~De {'resiJ~nt and See'y and Treasurer r~~pcr~i.aly n( the capora~ioo namcd u Srantot in t6e' 7ont~•~nr ~~ead•~+1 that the. K~~ralk ackru>»fedird raecuem~ tAe ssme in the pRSfMf ..f t.o sulr~ribina witnesus fre~ly and ~olunurily . undtr a ontr dulr~ Y~slf~ in tAem M vid rorq.ral~on and ~hat thr xal a(Intd thtrttn i+ the ttur curporatr xal ~d said corponlion. ~ - ~ ~ ~~r r . 72 _ ~ 1~~ESS mr ~.Irnd ~iod ollicul xat in tF.~ ('~~unh ar.d Su~t lait a(mevid thiti 19~}1 ~iac u( ~C@~@ , A. .-l~ ~ ' ' ~'J:; - ~ ' l. . . . ~ , . . ~ y~ • ~ _ - `3 ~ ~ c,~_ .''.A. ~ G'. : : ~ . . _ l`li~t ~f?r~lr~~nl~=~tt prt-par~~~! l~v: rvorsry ~,cr:c. srat~ o~ ~«~aa ~ ~~~e ~~r / Walter E. Davis Comm;ss~on E~pires Sept. 1, 1913 y? .~~(~1!/['(( TH15 IN9Tr' .•r•:T rr~- • ' - ~ ' ' *y AE'.ST".. _':T ~ ' ; _ ~ .^.F FLA. zo~ S. ~r_ F~:~T ::,t;~~~ P~~,~~ o~ 2p9 ~~E 797 ~ooK ~ ~ - . ~ ~ ~ - ;4.~ ~ .7.~.._~ _ . ..W~.