The URL can be used to link to this page

Home My WebLink About0421 . a t ~ _ l3. lt defsult be made ia p~ayu~ent~ whea duq o! anr indcbtedness ~ecured hereby. or in pe~(ormance of any oi Mort- gaaoi s obligations, COVtp3Aq O~ agreemwb hereunder: (a) Mortgasee iu authorisGd at aar time, without notice, ia iu aole di~cretioa to cnter upoa and take pos~estion o[ thc premi~a ot any part thereof, to perfoRn aa~ scb Mortsaae~ deeau ~eceaury o~ propu to conserve the securitp and to coUect and raeive all reat~, issua aad profits thereof, indudic~ those p~t due as well a~ tho~e ucruing tberea(ter, and (b) Mort~ee shall be entitled, at a matta oi ttrict riaht and witlwut regard to the value or cecupancy o( the security, to have a receive~ appointed to rntes upoa and eake postession of the premisa, ooltcet the rents and pmfits thece[wm and apply ehe sune as the court may dircet. such receiver to have all t6e riahts and powen perwitted under the laws oE Fbrida. In eithe~ such case Mortgagee oc the raeiver uuy alao take poasGUioa of, and (or thae purpo:es u~e, any a,nd all penonal propaty contained in ehe premisa and used by Mortgagor in the ~ental or leasing thereof or aay part thercof. The expense (iacluding recaver's fe~, counsel (ea, costs aad asent's compensation) incurred punuant to the powen herein contained shall be secured hercby, Mortgagee s6all (atter paymrnt oE all cosb and expenses incurred) apply such renta, issun and pmCts received by it on the indebtedneas Kcured herebr in such otdu as Mortga~eee determina. The right to enter and takt possession oi said f pmperty, to maaage and opente the ~ne, aad to collect the rents, issua and profin thereo(, whether by a receiver or otherwisq shall be cumulative to aay ot6er right or remedy hereunder or aE[orded by law, and may be exercised concuRently therewith or independently thereof. Mortgagee shall be liable to account only for such rents, issua and pmGq actually received by Mortgagee. 14. If the indebtednas secured hercby is now or hereafter turther securcd by chattel mortgaga. pledga, contracts of guuanty, assignmenb of leasa, or other securities. or if the premises henby encumbered rnnsists of more than one parcd, Mo~tgagee may at its option exhaust any one or more of said securities and the security henunder, or such parcels o! the ucurity hereunder~ either concurrentty or independently, and in :uch order as it may determine. ; 1S. No delay by Mortgagee in esercising any right or mnedy hereunder, or otherwise attorded by law, shall operate as a waiver thereof or preclude We acetcise t6e~eot during the continuance of any de(ault hereunder. No waiver by Mortgasee of any detault shall comtitute a wai~•e~ of or mnsent to subaequent detaults. - 16. Without atfecting the liability of any penon( other than any penon rckased pursuant hercto) tor paymelnt of any ~ ~ ind~btednas secured hereby, and without af[ating the priority or extrnt of the lien hereo[ upon any property aot specificaUy ~elcased punuant hereto, Mortgagee may at any time and imm time to time, without notice and without limitation as to any. Icgal right or privilege of Mortgagce; f`ER_~, RECsR~~4 (a) Rdease any person.liable [or payment of an =~',~{~''I~~Q~N~r t.w~ y indebtedness securcd hereby_ aOCEq P01TRAS ~4~ (b) Factend the time or agm to alter the terms of pannent of any of the indebtednest. CI.EaK 4~RCUIT COIU~T ~ (c) Accept additioaa! sccurity of any kind. x RfCOR09ER~FIED.~------ (d) Release anr property securing the indebtednm. ~GA~~~ ~ r) 12 3s PM • (e) Consent to the creation of any ~asoment on or over the premisa or any covenants ratricting use or occupancy thercof. 17. Any agcnement hereafter made by Mortgagor apd Mortgagee pursuant to thia vwrtgage shall be superior to the righu • of the holder of any intervening Gen or encumbrance. ' 18. Mongagor 6ereby waives all right of homatead e~cemption in the property subject to this mongage. 19. The covenants and agreements herein containcd shall bind aad the benefits and advantages shall inure to the rapective hein, ezecuton, administraton~ succwors and assigns of the panies heceto. Wherever used~ the singulaz number ahalt include the plural, the plural the singular, and the use of any gmder shall be applicable to all genders. All covrnants, agreemeats and undertakings :hatl be joint aad seti•eral. In the event additioaal numbered covenaats are for convenieace inserted in this mortgage folbwiag the legal description, such additional covenants shall be read and given effect as though following this covenant in consecutive order. 20. My d~ciency in the amount of such aggregate monthly payment shall, unless awde good bp the Mongagor prior to the due date o[ the next such payment, constitute an event ot defautt under this mortgage. At Mortgagee's option, Mortgagor will pap a"2ate charge' rwt exceeding tour per centum (496) of any imtallment when paid mon than fifteen (15) days a[ter the due date thereof to cover the extra acpense mvolved in handling delinquent paymenu, but such "late charge" shall not be payable out oi the proceeds oE any sale made to satisfy the indebtednw secured hereby, unlas such proceeds are suf~cient to discharge tLe entin indebtedness. IN WITIVESS WHEREOF, the said Mongagor~y i~1- T_ PbRf~TIC~ Stid F~ITRIC?!1 NORWIQi h~8 ~vife ~ here set their ~,,,d s and ~a~ $ the day and year fint above written. Sig~ned, e 'v the esen of : ~ ~ (ScwL) /~~7~ ~//f . ITii~Ch ~EWLfti - ~/L!. ~ ~C..C/ • 6AL f STATE OF FI.~~IDA__~ Ps?triC~a NOlfitfch IA COUNTY OF Hr~t . I, an officer authoriud to take acknowledgmenu of dceds according to the lavvs of the State of Florida, duly qualitied and acting, HEREBY CERTIFY that - F1- '1'- NOIt~1ZQi alld PATRICIA NORWICH_ his wife to me penonally icnown, this dar personaUr appeared and acl~nowledged before me that executed the foregoing Mort- gage, and I FURTHER CERTIFY that I know the said peno~ S makiag said acknowledgmmt to bt the individu~l s deuribed in aad who euecuted the taid Mortgage. AND I FURTHER ~BATIFY that said _ P~'j'RICIA 1'IORi~1IC~i - _ :'`;r., • to r~~ ~ w. T. r~oxwic~ ~k~~:. and that she thjit- ~~jr ~ ~~~'v'~wd before me, repuately and aput from her said husband, that she executed the said Mortgage Deed fdr~t• ~ bt•reaouncing and relii?quiahing her dower and rig6t of dowu and teparate atate in and to the lands. t~e~eai.eiq~cii~„bd~,'•an~ d~1d~Y4p euccuted the ume treely and voluntarily and without compulsion. constraint, appre- hsnsion or fe0 ,pE;,~~,,bu~b~jtq~i:' • +r - ~ . : IN W~TiV~~IAERS~:t~"~apnw ~et my hand and ofGual seal at said County and Seaee, th~ 1e t` j~ t' A ril A D.. 19 i. ' S l ~ t e o l Fl o ri d s ~ t l a r 0~ a:.••, • ~ ~ ~ ~ v„ :ion Ezpites lan. S, 1974 Mr ~•~1i~ Aww~ Fn 8 GiwYr G. NOtlry ~C St1tt Of FlOfldi 1t I.al~t • BOOK~13 P~ 42i ~i