HomeMy WebLinkAbout0310 l~. lf de(ault be wade ua pay~ncnt, when due. of aay indebted~as ~ccu~ed hercby, or in pe~formance o[ any ot Mort- •
gasor's obligations. covenants or aareemeatt baeuades:
(a) Mortgagee is authori:ed at aar time, without ~otice~ in iu wle discretion to enter upon and take posuuion o( the
pamises or any put thereot. to pertorm aar ua Mo~~aaee d«,w necessary o~ ptoper to conserve the security and to coUect
and rceeive aU rents, issues and pmiits theroot, includias thc.~e patt due as weQ at those accruina thercatte~, and
(b) Mortgagee shaA be entided, at a matter o[ atrict ~6t and without ~cgud to the value or occupancy of the ~ccuri~y,
to have a receive~ appoiated to entc~ upon and take ponession of the premisa. collat the re~b and profits therefrom and apply
the same as the court may direct, such receiver to 6ave aU the rights and powen pern?itted under the law~ o[ Fbrida.
In either such case Mortgagee or the receiver may also take posseuion of. and tor thae pu~poses use, aoy and all penonal
property rnntaiaed in the prcmises and used by Mortgagor in the rental or lcasing thereof or any part thenwt. The expense
(including receiver s fees, coun:el [ees, caab and aaent's compensatioa) incurred pursuant to the powen herein contained ihall
be secured he~eby. Mortgagee s6all (attu paymeat of all cosb u~d expensea incumd) apply such rents, issues and profts received
by it on the indcbtednas sccured herebr in sucL orde~ as Mortgagee determina. The right to enter and take possession of said
property, w manage and operate the same, and to ooUect the renb, issus and protiq thereot. whether by a receiver or otherwise,
shall be cumulative to any othu right or remedr hereunder or a[[orded by law~ and may be ezercised concurre~tly therewith
or independently thereof. Mortgagee ahall be Uable to account only (or such rents, issua and pro[its actuaUy received by Mortgagec.
14. I( the indebtednas secured hereby is now or hercatter funher secured by chattel mongaga, pledga, contracts of
guaranty, assignmenu of l~asa, or othe~ securities, or if the premises hercby encumbercd consuts of more than one panel.
I?iortgagee may at its option exhaust any one or more of said securities and the security hereunder, or such parcels o( the security
hercunder, either concunently or indcprndently, and in such order as it may determine.
15. No delay br Mortgagee in uenising any right o~ remedy hereunder, or otherwise a(Eorded by law, s6aU operate as a
waiv~r thereof or preclude the exerciu thereof during the continuance of any default hereunder. No wau~•er by Mortgagee o( any
default shall constitute a waiver of or consent to subaequent defaults.
16. Without affecting the liability of any person( other than any penon released punuant hereto) tor payment of any
indebtednas secured hereby. and without af.`ecting the priority or extent of the lien hereo[ upon an~ property aot specifically
released pursuant hereto, Mortgaget may at any time and Irom time to time, without notice and withou Au t any
lcgal right or privilege of Mortgagee: ST.IUCIE CDUNT`f ~M• ~
(a) Release any person liable for payment of any inde6tedness ~~«a h~rcbr. RoCEa POiTiUS ti~
G~EIIK CtN+Y~T COURT
(b) Extend the time or agree to alter the terms of payment of any oi the indebtedness. RFCORO YERIf1E0
(c) Accept additional security of any k~nd. 252192 ~'Y ~ 3i
(d) Rdease any property securing the indebtednw.
(e) Consent to the cr~ation of any easement on or over t6e premises or any covenants restricting use or occupancy t6ereof.
17. Any agreement hereafter made by Mortgagor and Mortgagee punuant to this mortgage shall be superior to the righu
of the holder o( any intervenhfg lien or encumbrance.
18. Mortgagor hereby waives all right of homcstead exemption i~ the property subject to this mortgaga . .
19. The covenanu and agreements herein contained ahall bind and the benefb and advantaga shall inure to the tespeetive
heirs, executors, administraton. successors and asaigns of the partiu hereto. Where~er used, the aingular number shall include
the plural. the plural the singular, and the use of any gender sball _ be applicable to all _genden. All covenants, agreemeats and
undertatings shall be joint and several. In the event additional aumbered covenants are for convenience inserted in this mortgage
following the legal dacription, such additional covenanb shall be read and given effect as though following this covenmt in
consecutive order.
20. Any d~ciency in the amount of such aggregate monthly payment shall, unless made good by the Mortgagor prior to
the due date of the next such payment, comtitute an evmt of default under this aartgage. At Mortgagee's option, Mortgagor will
j pay a"late charge' aot uceeding tour per centum (496) of aay imtallment when paid more than fifteea (15) days after the
~ due date thereof to cover the eztra a~pense mvolved in handling delinquent payments, but such "late charge" shall not be payable
i out of the proceeds of any sale made w satisfy tlte indebtednas secured hereby, unlas such procecds arc suffcient to discharge thc
~ entire indebtednas.
IN WITNESS WH OF, ~he said Morcgagor H~ ~ Janet Ann Hart, his wife
hereunto e an $ d u~1 S the day and year fint above written.
Signed e presence of:
~Su+L )
M.
~ ~-C/ ~ ',%.t- (Sr.~?L)
et Ann Hart '
STATE OF FLORIDA :
St. Luciess
COUNTY OF ~ -
I, an officer authorized to take acknowledgtnentt of deeds according to the laws o[ the State of Florida, duly qualiGed and
ac~ing, HEREBY CERTIFY chac wi~~ Ha~t and Janet Ann Hart, his wffe
to me personally known. this day penonally appeared and acknowledged before me that ~eY e:ecuted t6e foregoing Mort-
gage, and I FURTHER CERTIFY that I know t6e said pertoc~ $ making aaid acknowlodgment to be the individua~
~ dacribed in and who a~ecuted tLe said Mortgage.
AND I FURTHER CF1tTIFY ~hac said Janet Ann Hart i
_ S
~
is krw~m co me w be the wife of said wi~burn h. Hart
and that she-t~ut,~ackno+vled8ed w snd be~ore me• aeParatetp and apart fmm 6a said husband, t6at ~he ezecuted t6e said
Mortgage De~! taY- of renouncina wd relinquishing her dawer and right of dawer aad separate esute in wd
to the ~~bed, and that s6e acecuted the wme treely u~d voluntarilr and without compuWoa, comtraint, appre_
hensiqn~
~~~~~(jf~n her husband.
~r r ~ :
I~i`"WITRESS ~[~4EOF, I hereunto set mr hand and o(~cial seal at said County
.~r-j~~
a„~ ~ ie, sh;, ~ . d,r of ~ A~r A. D., 19 ~
N ~'~c~, ~ ^ i e~~ ~ '
_ L'.. b'c State of Florida at I.arse
- ' ~ Septeraber l. 1973
~,i•` i
' ~ hobry Pubfic. State d ilori0~ st Lsrg~ i
t_ ~ BUCK P~~E 3~0 ~h Comeuuwn E~pua Sept~ 1~ 197.3
li