The URL can be used to link to this page

Home My WebLink About1409 13. 1I defautc be a~ade in payment. whea duc, ot at~y i~deb[cilneu secured he~eby, o~ in per(o-man:e o[ a+?y of Atort- gagoi s obligaiioni, covrnants o~ agreementt be~e~:n3er: ' (a) 1liongagee is autho~iud at any time, without ~otice, in its sote diurction to enter upon and take possrssion ot thc prriaise~ or any part thcreol, n~ pecforn? :u~Y acts Mortg~ee deems RKtff~ry or prope~ to cousecve tbe u~curity and to cdl-ct and ~ecei~•c aU ~cnts, issun and protiu thereot. iacluding thoae past due ss well as those accruins thereafter. aad (b) I~lortgagee shaU be enti~kd. as a matte~ ot strict right and without regard to the ~•alue o~ occuµ~ncy of the secu~ity, ta hs~•e a recei~•cr appointcvl to e~tcr upon and talce posscu:ron of the pnmises, collect the ~e~ts and profiu thetelrom and apply . the same as the court n?ay 3irrtt, such recei~~e~ to ha~•e aU the rights and powen pennitted under the laws o[ Fbrida. In either iuch case Mortgagee or the receive~ may also take posseui~n ot, and fo~ these purpoaes use, any and all penonal . pruperty contained in the Frerruses and used ~y Mortgagor in the rental o~ leuinq th«eof or any pa~t the~coL The expcnse ~including recei~~ei s[ees, couns~l [ees, coats and agrnt's conipensrtion) incur~ed puawnt to the powers herein containe~l shall be sccured he~eby. :ltortgagee shaU (aftcr payment ot all cosu and cxpenses incurrcd) apply such renu, issues and profits recei~•ed ~ by it on the indebtednrss secu~ed hereby in such order ss I~fortgagee determines. 'I'he right to enter and take posseuion of said ~+roperty, to ma~age a~d operate the same, and to collect the renu, issues ar ro[its thereof, whether by a receiver or othenvisr, i shaU be cumulative to anr other right o~ remedy he~eunder or afforded by law, and may be exertised co~cur~e~tly the~ewith ~ or independe~tly thereo[. I?iortgagec shall be liable to atcount only for such rents, issues and profits actually recei~•ed by \iortgagee. ~ 14. lf the indebtedncss secured hereby. is now or hereafter furthe~ secured by chattel mortgaga, pledges, contracts o( ~ Guaranty. ass;gnments of leases, o~ otl:cr sccuritia, or if the premises henby encumbercd consists of more thau one parcel, ~ \lortgagce may at iu option exhaust zny one or morc o[ said securiti~s and the security hereundrr, or such parcels of the security - hereunder, either concurreotly or independrndy, and in such order as it may detesmine. ~ 15. :~o delay by \iortgagee in exercising any ~ight or remcdy h~reunder, or othcrwue a((orded by law, shalf opcrate as a ~ wai~•er thereol o~ preclude tht exe~tix thereo( during the tontinuar?ce of ar?y de[ault hereunder. I~o wai~•er by ~iortgagee o[ any i default shall comtitute a wai~•e~ of or consent to subsequent defaults. t 16. ~Vithout atfccting the liability of any person( other than any person relcased punuant hereto) for paymcnt of any ~ indebtedness secured hereby, and without af[ecting the priority or eitent af the lien hereof upon anr property ~ot specificaUy ? s releascci pursuant hereto, Mortgagre rtwy at any time and from time to time, without notice and without limitation as to an? ~ legal right or pri~•ilego u( ~tortgagce: ~ (a) Release any person liable [or payment of any indebtedness secund hereby. (b) ~~tend the time or agree to alter the terms of payment of any oi the indebtcdncss. (c) Accept additional security of any kind. (d) Releax any prope~ty sccuring the indebtedness_ ~ (e) Consent.to the creation of any easement on or over the premis~s or any covenants restricting use or occupancy thereof. ~ ~ 17. Any agreement herrafter made by Mortgagor and `fortgagee punuant to this mortgage shall be superior to the righu ot the holder of any intenrning lien or encumbrance_ 18. I?for:gagor hercby waiva all right of homestead exemptio~ in the property subject to thu mortgage. 19_ The covenants and agreements herein contained shall bind and the benefiu and ad~antages shap inure to the rapcetire heirs, executors, adminstraton, succusors and :?ssigns of the parti~s hereto. Wherea•er used, the singular numb:r shall include ~ the plural, the plural the singular, and the use of any ge~der shall be applicable to all genden_ All co~~enants, agreemenu and ~ undertakings shall be joint :.nd uveral. In ihe event additional rtumbered co~•enanu an for convenience inserted in this mortgage ~ [ollowin¢ the lega! description, such additional covenants s!uU be read and gi~~en c1[ect as though [ollowing thu cocenant in consecutire order. ~ 20. Any deficieacy in the amount of such aggregate monthly payment shall, unlus made good by the 1lfortgagor prior to ~ the due date oI the next such payment. constitute an e~ent of detault under this mortgage_ At :1lortgagees option, Mortgagor will pay a"late chargc' not exceeding (our per centum (4qo) of any installment when paid nwre chan fi(teen (15) days atter the ~ due date thueof to corer the eztra upense involeed in handliag deGnquent payments, but such "late charge' shall not tx papable ~ out of the procecds of any sale zaa3e to satisfy the indebtedness secured hereby, unlas such procceds are su[ficirnt to discharge the ~ ntire indebtednas. ' ~ t ~ ~f ~tAtc ~ I 5~~~ ~1` ~~l,K~.7 ~hereof t{~e grantor ~as cnused these pres,e,~n,~ts y~t~o 6e executec~ in its name, an~ i1s corporate seul to b~ hereunto n~f (ac ,e~;.~ i[l' A L - ~ ' proppr oj~i~ers fhereunto ~uly autl~orizecl, f~e dny anc~ yenr ~irst a~iwRl~n. , ~ ; _ ` - - C ~ ~ ! v-.c,C~ ;~L--^ ' ~ - - n . ATTEST~.~ ~tucArr xoM~ Artn t~tontr~.c~ . ~ _ V rn . An r n • - s t~ - , ~ - reas . _ . d in f{~e resence o: ~ Signe [ e i ~ j J' . ~ ~ , ~ " R ' ` ~ Y , ' ' , f - ~ ,J • ~ lJy'"""""'1' ' "i"~_"_" . .1~1.:.~.. . ~ ~S YS wi~~iam A.~ Anderson ~ r.~:a~.~ - _ , ~ ~ : ~ ~ ~ ` - ` ~ ~ STATE OF FI,ORIDA ~ ~ ~ COt'`TY OF ST. LLICI~ ~ ~ 1 NEREBY CERTIfY ~hat on thi~ dar, bekKC me, aa clficer duh ~~~hwued ie t6e Sute and Couat~ afo?~said to uke xtnowled~mesu, ` t j PfMI~~~~ appli(td ~ William A. Anderson and verna L. Anderson ~ M'tII 106M'O ~~O me w,be the Pr~sident ~a Seeretary & Treasurer respecu.ey o( ~Le corporuioa oamed ai araetor ~ in t6t fae~biar.iiEed: aed tbat Iht~ s~ctnllT xknowkd~ed c:eco~ios the saier ie t6e prexace ot two whxribiut v.it~eses (reel~ and ~olun~ariF~ ' ;3 r~~ p • . _ ~ wdr~ aki~oFE~Tfidulr ~'[ssed•.iw thcm d~ said corporatioe a~d t6at ~Ix seal atti:ed t6erea is t6e trve corporate ~ca) d said eorporatioe_ ; ~ ~~.rQL7~t~55~dIT~1~~;snd o(ficul sral in ~be Count~ aad Sute Ixt afaesaid this 225~1 of Februa _ 73 . ~ CJ ' ( - ~ . . ~ . , i. . f1LEr ~ _C.:~CED ~ - - . . . . , _ _ , ~ - N : ~tjv - F~A. _ ~ 5~- _ , 'T . . . . ' , ' ,J 4G , a ~ ~ • • !4 ~ ~ir^( ..`~T ~ - ~ . / - ~ ' ' " " - ~ •1~i1~,:'1`nstFiri»ci{~frfparr-d hy: ~F~ - . ~ - , ~ ~ , ! G. • t axY b6c. State d P~orid~ at lugs ~ ! & .•I r/r7~ir~;. . MAR 1 ( ~~1 H~ ~ J ~ Co+aaiiss~on F:pira Se~i, 1, 1973 ; ~ nR A n i~~S~7S8 QOOK~~1 FA~E~`tO~7 ~ ~ ~ ` ~ ~ r ~ ~ ~ ~ ~ . -~:ar= . _.._..s . U.. _ , ..Rr.-.s~`}~'~ .x~`.S.r~~.