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Home My WebLink About0328 > 13 lf Je[ault tx u~iJe ia p.:yintat, when due, ot a~y ~ndebta~lncu sccur~a he~eby, or in prrtornunre ot ;~ny o( \tor:- . gagor's oblig:~::o:u, covenants or a~r_eaxnts hereuude~: (a) :lfoctgaget is authorucd at aay timt. without notice, in its wle disc~etion to enter upun and trke possruion o: tAr p~euusrs or any pzrt theteof. to pet(ocm any acu Mortgaaee deem~ necessary or proper to cunse~~ the secu~ity and to col:.~ct and recci~e all rer?ts, iuues and profits thereal, including t}:ose past due as well as tAou acc~uing thet~after, and ; (b) I1lartgagce shall bt entitled, as a matte~ o[ strict right and withuut ~egud to the ~•alue o~ ~ccupar.ry ut thr srcurii~, ' to have a reccivcr appoi~teA to enter upoa and take Nost~ssion of the pnmises, collect the rents and pmtits therr(roni and apph the same as the court may direct, such recei~•cr to ha~•e all the rights a~d powcn pennitted unde~ the laws of F:oridr. In either such case~ ~iortgagee o~ the recei~~rr may al.o take posussion of. and for t}?rse µur~wses usr, ~ny and :?11 pe~wnal ~ property contained in the premisa : nd usrd by I?t~rtgago~ in the reutal ~r lessing thereof ~r any pa~t thercof. Tl~c e~cprnsr (incl~dir.g rccei~•eis (ecs, cuuruel f~es, costs and ayrnt's cumpensation) incurred punu.?nt to the POWtfi herein cont.?inrci shill t?e securn! hemby. 111urtgagee shaU (aftcr {uyment ot all costs and expenses i~currecl? apply such renu, issurs and profiu mceivec! by it on the indebtecin.•ss secured hereby in such order a~ 111ortgaRee dete:mines. 'fhe right to enter :?nd take pou~~ssi~n of said property. to u~anage and operste the same, and to collect th~ rents. issues and profiu thercoi, wheth~r by a rceeiv~r or oth~n.•ise, ~haU tx cumulative to any other ri3ht or remedy hereunder or afiorded by law. and may be taercised concurrently therewith or indcpendently thereo(. 111ortgage~ shall bt liable to account only fo~ such renu, issues ~n.~ profits actually ~ecri~•rd L~ 1lfortgager. 14. 1( the indebtcdness secu~ed :~ereby u now or her~atter (u~the~ secured by chattel mortgages, pleclges, contracts of guuanty, icsignmcnu o[ leases, o~ other securities, or if the pre~nises hereby encumbe~ed consists of morc than one parccl, \iortgagce may at its optio:~ exhau~t any one or more of uid securit:cs and thr srcurity hereunder, or such parcels uE the security hereunder. either co~currently or independrntly, and in such order as it rary rietermine. 15. \o dejay by ~turtgagce in exetcising any right ur rrmedy hcr~under, or othenvise afforded ~y IaN•, shall opcrate u a Nai~•er theceof or preclude the exerci~e thereof duri~g the continuance of any cicfault hrreunder_ \o wai~~~~ Ly ?liortgag.e o[ any ~+efault shall constitute a wai~•e~ o[ or conxnt to subsec~uent defaults. - 16. ~Yithout atfccting the liability of any person( other than any penon releasal pursusnt hereto) for payin~nt of an~ ' indcbtedness securrd hereby, and without af[ecting the priority or extent of the li~n hereof upon any property not speciCcall.• p released pursuar.t ~ereto, ~iortgagee may at any time and from time to time, without notice and without limitation as to any t~gal right or pri~•elege of I?fortgager. FILEO ANO RECC~DEO (a) Rdease any person liable fo~ payment of any indebtedness sKUrc~f hcreby. ST ROCER Fv~tRAS `A . CLERK ~t~CUtT COURT ~4~ (b) Extend the time or agrce to alter the ter-ra ot paymcnt of any of the indebtedness. pfCORQ V~•'.~=1E'J.~.~.,,~.,~ (c) Accept additional securit~ o[ any kind. ~Gr~8~~9 [ {d) Releau any property securing the indebtedness. ~EB IY 2 44 PH (~j Consent to the creation oE any easeme~t on or o~•er the premises or any covenants ratricting use or o~cupancy t~ereof. 17. Any agreement herea(ter made by 1?iortgagor and \lortgagee pursuant to this mortgage shall be auExrior to the rights ' of the holder of any inten-ening lien or cncumbrance_ 18. :~tortgagor hereby waii•a all right of homestead cx~~nption in the property suoject to this mortgage. ~ 19_ The co~•enants and agreements herein contained shall bind and the bene[its and ad~•antages shall inure to the rapetti~•e ~ heirs, eaecutors, adm;nistraton, succuson and assigns of the parties hereto. ~Yhere~•er used, the singular numtxr shall inctude the plural, the plural the singular, and the use of any gender shall be applicable ta all genders. All co~enanes, agreements and ui,dertakings shall be joint and sn•eral. ln the event additional numbered co~•cnants are [or convenience inserted in this mortgage following the legal deuription, such additional cos•enants shall be read a~d gi~•en effect as though following this co~•enant in i consecutiee order. ~ t 20. Any de~ciency in the amount of such aggregate monthly payinent shall, uc~less R13dt good by- the 3lfortgagor prior to the due date of the next such papment. coastitute an event of de(ault under this mortgage. At 111ortgagee's option, ?liortgagor w-il) - pay a"late charge" no: exceeding four per centum (4~c) of any :nswllm~nt when_paid more than ~fteen (15) days aiter the - due date th?reof to corer the eztra ~xpense im-oh•ed in handling delinquent payments, but such "late charge" shall not be payable out of the proceeds of any sale made to satisfy the indebtedness securcd hereby, unless such ptocecds are suff~cient to dixharge the ; entire indebtedness_ I\ ~YITtiE~S ~YHEREOF, the said ~tortgagor ~__JOhIl M._ Peach, d Slitc3le ddult _ hereunto set h1S han~_ and seal__ the day and year first abo~•j written. ~ Signcd, seale~ d deli~•ered iP the presence of : ' ~ ~ ~ , ~ ~ ~ =_C ~ l~~- l - cSE~~, ' ; j / ~y ~ - Jbhn M. Peach ~:~~,C~i f?.~ - - - --tsE~~_; STAT£ OF FLORIDA • ST. LUCIS ss COU~TY OF ~E . I, an officer autharued to take acknowledgments o[ denis according to the l~ws of the State of Plorida, duly qualified and ~cc;ng, NEREBY CERTIFY ceac JOhn M. Peach, a single adult ~ ~ to me pcrsonaUy kr.own, this day personally appcared and acknowlcdged be(ore r.~e that _ he _ ~xecuted the foregoing lfort- gage, ar.d I FLRTHER CERTIFI that I l~now the said person _ making said acknow(edgment to oe the individuaL__-__ ~ described in and who executed the said Mortgage. ~ A\D I FURTHER CERTIFY that said - 3 ~ is known.w me~ be-the wite of said ~ and tft~t•Y'EiS t _~sy,'~c]~novledged to and before me, separatdy and apart i:a:rs he- :aid husband, that she ezecuted the said ~ ~fo;{g~Sc ~ecli~r~?e'~Qwse_ of rrnouncing and relinquizhing her dow~r and [ight oE dower and separate atate in and ~ to -t~~~l~t1s t~lerein -~ef~tQCd, and that she executed the same ire~ly and ~rolantarily and without compulsion, constra~nt, appr~- hemn,n or e of or frc~yq ~yv husband. j:~~`/1r~. - ~ ' KlT\E~S°~tiEl~OF, I hereunio set my hand and official s~al a; Fbrt Pieree, F Y]~Hd Ccant• ~ a~ Scacel~t~,is -:~~''%d~r ef FebruarY A. D., 19 . ~ : ~ ~ . 'c^ ~ _ ~ ' ; i~ y ~~c~*~,+; ~r~~'~-r~~ \otary Pa~Stat [ Fbrida at T.rge- ~ Diy coin~r.~Wil~~ieS~• ~ ~ I~m~ry PuDGc. State of F{o?id~ at IsrBf ~ ~y ~,,,,;;s,oa ~a~es seu. 1973 ~ ~ ~ ~U~~~~~ ~aff ~1~~ ~ _ - - - - - - - - ~ } - _ ~ - ~.~'1.kf:c__ ! . . _ . . v_ .