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Home My WebLink About1815 IS. If default be aude ia paymeat. wheu due, ot aar indebtednw mured hereby. or in perfo~maoce ot any o[ Mott- gagor'~ obligatioa~. covenutb or asoeea~entt hereuadu: (a) Mortgaaee u authorised at any time, without notice. in iu ~ole diuretion W ente~ upoa utd take pouessioo of thc premix~ or anr part thereot~ to pertoran anr act~ Mocegaaee d~em~ naes~ary or proper w coiuerve the ~ecucitr and to coll«t and recave aU reAa, inua aad prolib thereot, includiaa tho~e put due as weU at thae acc~ui~ therea(ter. and (b) Mortgasee shaU be eatided, as a matter a[ ttrict ria6t and witl?out ~egud to the value or occupsacy o[ the xcurity~ to have a~eceiver appointed to enter upon and take pouestioa ot We premisa. oollect the renq and p~4 theretrom and apply the same as the court may direct, iucb receiver to 6ave all the riahb and powers permitted under the laws o[ Fbrida. In either auch case Mort~ee or the receiver may al~o take pos~ession of~ and tor these purposes we, anr and aq penonal pmperty coatained in the premixs and used by Mortgagor in the renta! or leuing thereof or any put thereof. The expenK (including receiver's tea. couasel tea. costt and aaent's compenution) incurred punwnt to the powen herein contained ahall be secured 6ereby. Mortgagee shall (after payment of aU cosb aad expenses incumd) apply such rcats, iunes and profiu received bp it oa the indebtedncu secured hereby in such order aa Mortaaaee detera»na. The right to eater aad take posseuion of said property, to manage and operate the same. and to collect the reats, issua and p~ts thereot, ~whether br a receiver or otherwise, shaU be cwnuladve w any oU?er riaht or remed~ hereunder or afforded by law~ and may be exercised concurrently therewith or independeady theroo(. Mortgagee shall be liable to ucount onlp for such rents, issua and profits actuaUy recuved by Mortgagee. . 14. If the indebtednw secured hereby is iaw or herea(ter turther aecured by chattel mortgaga, pledga. contracb ot guaranty, assignmrnts of leues. or other iecuritia, o~ if the premises hereby enCumbered consists of morc than oae parcd, I?tortgagee may at ib option exhaust any one or more ot said securities and the aecurity hereunder, or such parceb ot the security hereunder, either concurrently or independently, and in such orde~ as it may determine. 15. No delay by Mortgagee in exercising any right or remedy hereunder. o~ othcrwise at(orded by law. sh~U opente as a waiver thereof or preclude the exercise thereof during the continuance of any default hereunder. No waiver by Mortgagee of any detault shaU constitute a waiver oE or consent to subsequent defaults. • . 16. Without atfecting the liability o[ anp person( other than any person nleased punuant hento) for paymenf of any indebtednw secured hereby, and without a[tecting the priority or ea~tent of the lien hereof upon an~ propertr aot specifically released pursuant hereto. Mortgagee may at any time and (rom time to time, without notice and without limitation as to any ~ legal right or privilege of Mortgagee: F ~Ea-?~1Q REC RQ (a) Release any person liable for ~~ilE ~iOUN~Y r~ paymeat of any indebtedness xcured hereby. ~p~Ep pp~fllA3 ~ (b) Extend the timc or agree to alter the terms of payment ot any of the indebtedness. RECORO VERI~FIEO C~--= - (c) Accept additioaal security of any kind. s~~ (d) Release any property securing the indebtedne~s. ~Ia~~~ ~`t t2 3s PN ' (e) Consent to the creation of any easement on or over the premisa or any covenants ratricting use or occupancy thereof. 17. Any agreement hereafter made by Mongagor and Mo~tgagee punuant to this mortgage shall be .superior to the rights ot the holder of any intervening lien or encumbrance. 18. Mongagon c~nby waiva all right of homatead ezemption in the pmperty sudject to this mongage. ~ 19. The covenants and agreemrnts hercin contained s6a11 bind and the ben~ts and advantages s6all inure to the respective - heia, executon, administraton, succason and assigns of the partia hento. Wherever used, the singular number shall include the plural, the plural the singular, and the we of aay geader shall be applicable to all genden. All aovenants, agreemenu and undertakings shall be joint and several. In the event additional numbered covenants are for convenience iaurted in this mortgage ~ folbwing the legal description, such additional covenants shall be read and given e[fect as though following thu covenant in ~ consecutive order. 20. My dJciency in t6e amount of such aggregate mont6ly payment shall, udas made good by the Mortgagor prior to t6e due date of the neact such payment, constitute an event of default under this aartgage. At Mortgagee's option, Mortgagor will ' pay a"late charge' not ezceeding four per centum (496) of any instaUment wLen paid more than fifteen (15) dayt after the i due date thereof to cover the extra ncpewe mvolved in handling ddinquent payments, but such "late chargd' shall aot be payable ~ out of We proceeds of any sale made to satisfy the iudebtedness secured henby, unless such proceeds are safficient to discharge t6e ! entire indebtednas. ~ IN WITNESS WHEREOF, the said Mongagor___g_y M- T_ L~Rl~IICfl and P~i?RICIA NORWIQi, his wite f here set theix' hand $ and a~~~ $ the dar aad year fint above written. Si ed, 've the f: ~ J tM~~ ~ ~ (Sawt) ROGER P0.1 AS ~ xwich • CLERK CtP.CW~ COUR~ r.en ~L) STATE OF FI.~~ID~~ ~ ' " 04 ¦N ~~3 ~~iCz53293 COUNTY OF D~! . p I, an officer authoriud to take acknowledgmeab oE deeds according to the laws ot the State of Florida, duly qualified and acting, HEREBY CERTIFY that i~1- T_ NDRFIICIi alld PATRICIA NORWI(~i~ his vife to me penonally known, this day personally appeued and acknowledged before me that ~S~ executed the foregoing Mort- gage, and I FURTHER CERTIFY that I imow the said penor $ making said acluwwicdgmcnt to be the individ~al 8 dacribed in and who ezecuted the uid Mortgage. ~ AND I FURTHEit TTFY that raid P~?'PRICIA t'1~I~1IQi ~ ; is known to me tn~be e. M. T. NORi~TICH . _ and that she thji~ ~ ~ abd before me, separatcl~ and aput Irom 6er said huaband, that aLe executed the said Mortgage Deed f6rtt ie• =":bE•reaouncing and reliaquishing her dower and right of dower and ~epuate atate in wd to tt?e lands. 4ebi. a.od~ a~ecuted the same ireel and voluntuil and without com ul:ion conatraint a rc- t4e dqcdbe~;' ~ dy~'~i4p y r P . , PP t hension or IW p(~t??~qr~hqr~b~-_~": . r , ~ a: IN WL?~I1,~ ~AERHI~yi I~'~4ppw set mr hand and oificial ual at FbYt PiP•2`Ce uid County a.,d Stace, thy - ~ t A ril A D., 19 ~ . r f - ? . k; . S~il! 0~ FlWtdi it ~Q! c„ u:i~n Expires lan. 5. 1414 My commiaion ezp~l~~it ~r F" a~""'~"' NO~' ~c State o[ Fbrida at Iarge o R 8oflK2~3 P~ 421 eeox213 ~cF1812 ~ ~ - _ ~ - f~r ~