HomeMy WebLinkAbout1779 l3_ lf dc(ault be made ia paymcat, ~.hea Jue. ot any indebtc~l~?est scc,~red hcreby, or iii pcr[orman.r of any of 3iort-
gaqor's ubligatiens, rnvenants o~ agreeme~ts hcrruade~:
(s) ~to~tgsgee is authorised at any tiwe. without notice, in its sole discretion tu e~uer upor. and take pou.~uion of the
prrmises or any patt thercof, to perform any acb Mortgagre deer~u oecesury o~ prape~ to mnsene the secu~ity and tu collect
and teceive all rents, issues and protits the~eot~ includina tAoae past due ss well as those accruin~ therra[ter, ar.d
(b) \tortgagee shaU be e~titled, as a matte~ of strict right and ~:t~out regard to the value or occupancy of the sa:urity,
to ha~•e a receive~ sppointrci to ente. upon and take poaxuion o( tAe premises, collect ihe r~~t~ an•~ profits th.r.(mm and a~+ly
the same as the court nuy direct. such receive~ to have aq the riaAtt and powen permitted und-r the faws o[ Florida_
In either such case 111ortgagee or the receive~ may al~o take posseuion oi. snd (w these pu~puus use, any and sll Rcrson:?l
prope~ty contained in the premius and used by 1liortgagor in the rental or leasing thecco[ or any part thereof. The exp~ns~
(inciadi~g receieeis (ees, counul (ees, cosb and agent's cumprnsation) incurred punuant to the powers hrrein contai~e~1 shall
tx secu~ed hereby. I?iortgagee shaU {atter payment of all coats and exprnses incurred) apply such renu, issues and proiits rerei~ecl
by it on the indebtcdneu secu~ed hertby in such order as I~fortgagee determines. The right to enter and take possession ot said
property, to tuanage and operate the same, and to rnllat tlie rents. iss~es and profi~c tne~n~(, whethe~ by a ~ecei~•er or othenvise,
shsU be cumulative to any othe~ right or rcmedy 6ereunder or a[forded bp law. and may be exercised concarrently therewith
or independently t~ereo[. I?iortgagee shall be liable to account only [or such-rents, issua and pso(its actually received by I?iortgagee.
14. If the indebtedn~ss s~cured hereby is , now or hereafter [u~ther securcd by chat~el mortgages. pledges, contracts of
guaranty. ~ssignments of l~asa, or other sec~ritia, or it th~ prenuses hereby encumberrd co~sisu of more than one pa~cel,
\fortgsgee may at iu option exhsust anr one or more oI said securitin and the security he~eunder, or such parcels o[ the secvrity
hereunder, either concurrently or independently, .?nd in such order as it may determine.
15. \o delay by biortgagee i~ exercising any right or ~emedy hcreundrr. or othemise af(orded by !aw•, shall operate as a
wai~•er thereof or p~eclude the exercise thereof during the continuance of any default hereunder. :Co wai~•er by ??tortgagee of anY
default shall comtitute a waiver of or co~sent to subsequrnt defaults.
16. ~Yithout a(iccting the liability of any person( uthe~ than any person releascd punusnt~hereto) (or payinent of any
indebtedness secured hereby, and without a[(ecting the priority or extent of the lien hereoi upon any property not specifically
relezsed pursuant 6ereto, I~tortgagee may at any time and f~om time to time, without notice and without limitation as to any-
lcgal right or pri~•ilege of rior~g~get: fILEO AtiL RECO~DEO
(a) Release any person liable [or psyment of any indebtcdness secured hereby. ST.LU::E ~:vtiNTY FLA. ~
R~.~= RAS
(b) Factend the time or agree to alter the terms of payment o! any of the indebtedness. C~EFI~ C6URt ,
oFrr.~.c -•.c~~Q
(c) Accept additional security oi any kind.
(d) Release a~r proprrty securing the ;nd~~~~,n~. 24$g8~ ~ ~ 2 26 PM ~ i J
(e} Consent to the cr~ation of any eascment on or over the premises or any co~enanit rest~icting use or occupancy thereof.
I7. Any agreemertt hereatter made by Mortgagor and 111ortgagee pursuant to thu mortgage shatl be sup~~ior to the rights
of the hoider o[ any inter~•~ning lien o~ encumbrance. ;
~
18. A~ortgagor hereby wai~es all right of homatead exemption in the property subject to t~u mortgage. }
19. The co~•cnanu and agreemenu herein cantained shall bind and the benefits and ad~•antagu shall inure to the respecti~•e ~
hcirs, executors, adminutraton, auccason and assigns of the partia hereto. ~Vhern•er used, the singular numb:r shall include
the plural, the plural the singulxr, and the use of any gender ahall be applicable to all genders. Atl covenants, agreements and
undertakings shall be joint and se~•eral_ In the n•rnt additional numbered co~•enants are for convenience inserted in ehis mortgage
[olbwing the legal description, such additionaf covenants shaU be rcad and gi~•e~ effect as though lollowing this covenant in
conueuti~•t order_
20. Any d~cirncy in the amount of such aggrcgate monthly pa~znent shall, unless made good by the I?fortgagor prior to
the due date of the next such payment, constitute an nent o[ default u~der this mortgage. At 1liortgagees option, Mortgagor will
, pay a"late charge' not exceeding tour per centum (4%) of any instaliment when paid more than fifteen (15) days aiter the
due date thereo( to co~er the extra exp~nse im~ol~ed in handling delinqucnt paymenu, but such "late charge" shall not be paya~le
out of th~ proteeds oI any sale made to satisfy the indebtedness secured hereby, unless such proc«ds are sufficirnt to disc6arge thc
i entire indebtedness_
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{ (CORPORATE SEA[.1 ~n ~~`I~L~.7 ~~r~vL fhe granlor ~as raused th^S 4~S s` ~9
f ~e executecl in its name, ancj its corporate seal to be ~ere~i~q~-0~e~
~~1 ts
! re /~orizc~l f{~e cl nd 'e ' eric- =
; proper o~~icprs f~e unto ~u~y aut . ay a yea~ {e3s~'~ .W~ ~ i
, , - _ r e' s t--- • O. - n
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ATTEST:~_'~".-•_-'-
=c'~c_ - . : o . ~ :
_....'r ~ ~ ~ ~ ~ t
AMERI(~N.. HOMES..AND. MOR'i'~G~r
~ _
Verna L de n sK.~~n - - • • ~3•-•---•-----~-••--.~
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$igned s a e~i e in he presence o~ ds. ,'/~O - r~~• e
' r y
~Y-•--....---•~-- ----•---1~[.rr4/~---..._ • ' .
- - - - - - William P.. Anderson~- - ---p.~.c...--
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-
~
sT~-re oF ~x~na? ~
COL'rTY OF ST. LUCIE
1 HEREfll CERTIFY that oa this daT. beG.re mr, ao ~rrK« d~l~ authoraed i~ t6e Sute and Couet~ a(oresaid to uke xleowkdsmeats,
penoaally appeared
~ William A. Anderson and Verna L. Anderson
..ell ?so.n ~o me ~o bc the Prnidrnt ~oa Secretary and Treasurer ~~~~Ky corporatio~ uaocd n sraotor
~ in d~t (oretwnt deed. asd ~lul tbc~ sn~n11T xknovkdsed e~ecutin; t6t samr i• ~Le preftece o( two srhxribi~ viiweaes (retlr awd voluatuil~
uader avt6orit~ dulr ~ested ia tAem by said coryora~ioo aad that the sal attized tbrnto a ti~e trve corporate xal d said corporatioa.
Vy[j~iE55 tK-bawd aad oI(icul sral in the Count~ aad 'Snte last aforesaid t6is 21 dq o( February , q, 73
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