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HomeMy WebLinkAbout2409 I3. It delsult be ooad~ ia Wlrmco~ wbeA due. at ao~ ~indcbtedaa~ ~ecurod hercbr, or in pe~iormaace of anr ot Mon- ssao~'s oWisaeioa~, coveaaaa oe aacee~eaa Lereunda: - (a) 1~[ortaa~ea a aut6orised at aar time, wlt6out ootice. in ia wk di~cretioa to eater upon aad take pos~a~ion ot the pcemi~a o~ aar put tbaeot, to patorm aa~ acb 3[ort~aree deemr a«arary or proper to ooo~ve the acuritp and to wlkct and receive sU eratt, i~ua aad ~ts tberao~f, Includiq~ thae p~ut due at wdl as tAo~e aa.~uins ehereatter, aad (b) Martsaaee ~haU be eodtled~ aa s wsner oE arice eisht s„d wi~6oue ~ud co che value or occupaac~r o[ ~he .xu~i~r. to 6ave s receiver appoiated w eatec upoa aod take poMesdoo oE tbe premisa. oolkct tlie renes and pro[in theretwm aad sppty che wne at the oourt mar direct, such recaver t~ have ~11 the riahb and powers permitted uader the 4ws ot Fbrida. Ia dther ~ucb we 1~[ortasaee or ti?e receiva mar ala take poa~a:ioa of, and for these purpaes use~ any and ap penonal property oontained 'w the p~emi:a aad u~cd b~r ldortaa~ ia the renta! or lwina thereof or any part thercot. The expaue (includins reoeiver': Eoa, ooun:el fea. costs and a~eat'~ oompeniatioa) incurred pursuant to the powen haein oonuined ~l?aU be secured herebr. Mortaaaee ahall (after payment oE aU oab aad expenses iacurred) applr such ca~ts, iisua and protiu received bp it oa t6e indebtedaas t~cured hercbp in tuch oeder at Mortaasee determioa. The ~bt oo eates and ~ke poase~iou of said pmperty, to maasae and opente the iame, aad eu aoUect the «aq, isua and protib thercof, whether bp a re«iver or ot6erwise. ~Lall be cumulative to an~ ot6er riaht or remed~ 6ueunda or aftorded bp law, u?d msr be ezercised concurr~entl~ thcrewith or indepeadeatly Wueot. Mortaaaee, shall be liable tu aooouat oalr for tuch renn, inua and protits utuaUr ceceived bp Mortaagce. 14. If the indebtednas aecured herebp u aow or 6eceafter furtber secured b~ chsttd moctaaga. plodges, coatracts ot Buaranh~~ auianmeaq oE Ieases, or other sauritia, or iE ehe premises bereb~ encumbered . coosists of more ehan one pucel. Mortaa~ee mar at iu option e:haust w~ oae o~ more of said secwitia and the ucurit~ hereunder, or suc6 parceh o[ che security 6ereundu, ather ooacurrentlp or iadeptndently, aad in such order u it may deter~niae. l5: No delay by Mortgagee in ~~rci~?8 ~r r~~ a~edr ~en~der, or otherwise af[orded bp law, shall operate as a wuver thereof or preclude the acerci~e thereof durina fhe oontinuance ot anr default henunder. No waiver by Mortgasee oi any dcEault ~6a11 ot?astitute a waiver of or oonunt w tub~equmt defadb. ~ ~ 16. Without aliectiaa the liaW'litr of anr penon( other t6m anr persoa released punuant heitito) !or payment of aa7r indebtednas sccured hereb~, and witliout affectins the prioritr or actent of the Ua? 6creot upon anr properqr not specilicaUy retea:ed punuant hereto~ Mortgagee may at an~ time aad from time to time, without nocice aad without Gmiution as to any legal right or privilese of Mortgagee: (a) Rdea~e anr per~on liabk for payment oE any indebtednas secured hereby. ~ (b) Extend the time or agree to alter the tec~w of psyment of aar of the ind~btednas. (c) Acoept additiooal securiq of aar kind. . (d) Rekaae anr ProP~=h' sxurins the indebtedaen. (e) Consau to the aeation oE anr eaumeat on or over the premises or any covenanb ratrictina u~e or occupancy thereof. 17. Any a,~eemeat hereafter made by Mort~agor and Mortgagee pursuant to this mortgage shall be suyxrior to the rights of the holdu ot an~ inte~vaaing lim or ~cumbrance. 18. Mongagor hereb~ waiva aIl right oE homatead acmaption in the pmperty subjcct to this mortgage. 19. The covenants and agreements herein oontained s6a11 bind and the ben~ts aad advaaeaga shall inure to t6e mpective heirs, executors, administrators, :uccea~ors and anigns of the parties herew. Whem~er used, We ain~gulu aumber ~hall include the ptural, the ptural the sin6Wu, and the we af an~ gender a6aU be spplicabk w all genden. All oovenants, asreemmts and undatakinas a6a11 be joint and tevenL In We eveat additional numbered covenants are tor convenieau inserted in tlus mortgage (olbwing the legal daaiption. ~ch additional covenanb ~wU be read aad given effect as though following this covenaat in consecutive order. 20. Anp dJcimcp in tLe amount of su~h aggre~ate month~r payunent ihall, udrsi made good b~r the Mortgaaor prior to the duc date of t6e aact sach pz~ment, constitute an ewent of ddault under this mortgaga At Mortgagee's option, Mortgagor will Par a••late chargd• not exceedina four per ceatum (4%) of aa~ imtallment whenpa~ d more thaa fdteen (15) dap a[ter the due dace thereot co oover the extra a~peme involved in 6andting detinqumt payments, but such "]ate chargd' shall not be payabk o~i ot th~ ~ ot ~r r~le m~a~ w saa,~ rbe ;na~ceana: ~e~r, unlas such proceeds ace suf~cient to dischuge the mtire indebtedness. . IN WITNESS WH F. e said Mortgagor~y Jerri I.. JOhri80ri 3t1d B~ba]Ca A. JohI180A, h3.8 Mife hereunW ~~~t 8 the dar aad nar Cust above written. s?sned. ~ ~ P~Ep AND R~COROlO t.lUC1E CO NTY FLA. iR1S p~ (Srr?t) ~~~!~~~tJ CIER,r ~ ~ ~;1~T CO~RT ~ j • . ofr ~i -1c~3 SewL) STATE OF ID ~ ~ ~U~ o~4'OC?~ ArR ~-3 ao P~i'73 251619 . I, an o[ficer authoriud w take acknowledsmenn of deeds acwrdina to the laws of t6e Sute of Florida, duly qualified aad actin6, HEREBY CERTIFY tlut Je11Y L. JO~1rie0A ~d BaYbal"A A~ JGhri80rir h18 i/~~B eo me peraonaUr known, tLis da7 P~~7 =PP~ and uknowledged before me that exccuted the foresoing Mort- gage, aad I FURTHER CERTIPY that I knvw the taid p•~•~oR S making said acknowledgmmt to be the i«tivid~•~1 ~ dauibed in and ~rho a[ecuted t6e aid Mortaase. ~ AND I FURTHEtt CERTIFY that said BaYb~tt Johnsot'i i ~ ~ is I~nawn w me w be the rvife of taia Jel~y L. JOhTiBOA ~ ud that ~he this ds~ acJwoMrledaed ~o and beiore me, Kparatdl and apart irom 6a :aid husbaad, that ~he ezccuted the said Moresaae Deed for t6e o[ reaounc+ni aad relin9uishins 6er dawu and riaht of dower and reparate aute ia aad w the lands therein darn'bed, and that the eucuted the same fceel~ aad v~oluntaril~ aad ~+itbout oompul~ioa, constraint, appce- heaaion or [ear ~ or trom her 6utband. IN WITNESS WHE1tEOF, I hereunw at mr hand and oiGcial ,eal ac Fblt P~ei'ce ~,~~y and Suu, thi~ 6~'?• d,~ ot April A. D.. l9 73 SeQte~ter ~1. 1973 N~ ' aee o[ Fbrida sc ' ~tr ~ ~ : ~abry Pub~e, saes a ~orw..t t,~e. MY Comrtussion Eupira S~pt: 1. 1l~i ~UOx 212 ~ 2409 ~I _ - . - ~r~ ~