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Home My WebLink About0248 ~ 1S. It detault be made ia papment, wben due, oE anr indebtednw secu~ed hereby~ o~ in pertormance ot any of Mort- 6a8or's obGgations, covenants o~ asreemeub hereuades: (a) Mortgaaee it autAorised af anr time. without aotice. ia iu wk di~cretioa w ente~ upoa aad take poueuio~ ot the premisa o~ aay put ebereot. w pectorm auy acq Moctsasee deem~ necesurp or proper w coiuerve the iecuritr and to coAect and meive aU reats, inua aad peotits thereof, iacludias thae past due as weU as ehoa ucruina tbe~eafter, aad (b) Mortaa6ee shaU be entitled~ a~ a matte~ of strict sigbt and widwut ~ud to the value or occupaacr o[ ehe iecurity. to have a receiver appointed to enter upoa and take poaaotion _ of the p~emisa, ooUcet the renb and protiq theretrom and apply the same as the court may dirett, such receive~ to have aU the ri6hts and powers perwitted under the lawt oE Fbrida. Ia either such ca~e Mort~ee or tl~e receive~ mar also take ponaaion of. and tor t6ese purpoxi uae, aay aud aU penonal pmpe~ty oontaiaed in the prcmisa snd uted by Mortaagor in the rental or lauing thereof or any part therco[. The expense (iacluding recaver9 feea, cowuel fees. coats and asent't compensation) incurred punuant to the powen 6uein contained ~?all be secured hucby. Mortgagee shaU (atter paymeat ot all cosq and eacpen~es incurred) apply such ~a, issua and pmfiu recuved by it oa the indebtednw secured herebr ia suth ordu a= Mortgagee determina. The right to eater aad take {wuasioa of said properqr. to manage and opente the same, and w wllect the rents, issua and pro~ts thereof, whet6er bp a receiver o~ otl?erwiie. shall be cumulative to aay other right or remedr hereunder or afforded by law, and taay be exercised ooncurrendy thecewith ot independeady thereof. Mortgagee ahaU be liable to account only for such reats, issua and protits actually received by Mortg~agee. 14. If the indebtednas ucured 6ereby is now or herea(tu further secured by chattel mortgaga. pledges, contracts ot guaranry, auignmentt of leases, or other securities. or if the premisa herebp encumbered consisb of more than oae parcel, Mortgagee may at its option eahaust aay one or more o[ said securitia and the aecuritp hereundeq or such parceb of the security hereunder, either rnncurrently or independendy. and in such order as it may determine. ~ I5. No delay by Mortgagee in exercising any right or rcmedy hereunder. or ot6erwise afforded by Iaw, shall opente as a waiver thereoE or preclude the e~cercise thereof during t6e continuance of any detault 6ereunder. No waiver by Mortgagee of any ! default shaU comdtute a waiver of or conseat to :ubacqucnt dctaults. 16. Without affecting t6e liability of aar person( other than anr person rcleased punuant hereto) for paymrnt of any~ indebtednas secured henby, and without atfecting the priority or extent oE the lien hercof upon an~ propertp not specifically released punuant hento. Mortgagcc way at any time and (rom time to time, without notice and without limitation as to any legal right or privilege of Mortgagee: ~ (a) Rdease anp person liable for payment ot any indebtednas secured hercby. F~~EO AN~ RECQNOlO ST.lUC1E COUN~Y FU. C (b) Factend the time or agree to alter t6e terau of payment of any of the indebtedn R~~~^ P~~TRAS - `~LERK CIRCUtT COURT -(c) Accept additional security of any tind. ~~~0 R~~~r~ yE~'`4:D (d) Release any property securing the indebtedam. Il 19 PN (e) Consent to the cnation of any eaKmwt on or over the premises or any covenants ~c~in~g use or occupancy thereof. 17. Aay agreement herea[ter made by Mortgagor and Mortgagee pursuant to this mongage shall be supcrior to the rightc of the holder of any intervening lien or encumbrance. 18. Mortgagor hercby waives all right o[ homatead ezemption in the property subject to this mortgage. ~ 19. The covenaats and agreements hereim m~tained shall bind and the bene[ib and advantaga s6a11 inure to the respectiv~e heirs, executon, adminisuators, succason aad as+igns of the parties hereto. Wherever used, the singular number shall include the plural, the plural the singular, and the uee of any geader ahall be applicable to all genders. All covenants, agreemmts and undertakings shall be joint and several. In the event additional numbered coveaanu are for convenience insert~d in this mortgage following the lega! dacription, such additiona! covenants shall be read and given effect as though following this covrnaat in consecutive order. 20. M~ deficiency in the amount of such aggregate montlily payment shall, unless made good by the Mortgagor prior to the due date of the next such payment, constitute aa event of default under this mortgage. At Mortgageds option, Mortgagor will pay a"lau chugd' not exceeding tour per centum (4%) of any installment when paid morc thau fifteen (IS) days aiter the due date ehereof to cover the actra e:pense mvolved ia handling dclinquent payments, but such '7ate chargd' shall not be payable out oi the proceeds of any sale made to uti:Er the indebtednm secured henby, ualas such proceeds are sufficient w discharge the entire indebtedness. - - i 1N WITNESS WHEREOF, the said Mortgagor~y Tamea 1~t. YeLng ~nA ~~ndra B~ YoLng f hi s r.,; ge ~ hereunto se ~e~ d sr~l S the day and year fint a~a`ve writtm. f Signed, v praence of: ~ I l / ~ ~ ~SEAL~ ~ ~ ~ ~ s N. o ~ e~?~) ~ ~ andra E. Young f STATE OF F~QRI~~ i ~i. COUNTY OF ~ ~ I, an o[Ccv authoriud to take acknowledgments oE deeds according to t6e laws of the State of Florida, duly qualified and f ~ ac~;ng, HEREBY CERTIFY chac James M. Youna anc] Sandra E. Youna, his wife f ~ to me personally known, this day penonallr appeared and acknowledged before me that ~ey ezceuted t6e foregoing Mort- ~ gage, md I FURTHER CERTIFY that I kiwwr tLe taid perw~ s malung said ukaowkdgment to be the individ~a~ s dacribed in and who a~ecnted the nid Mortgase. AND I FURTHER CERTIFY ~hac uid Sandra E. Youn4 ~ ~ ; ~ James M. Younq ` is known t~ p~:tq•be the wife of nid - i ~ and that she, ~;t~..ie]ywwkdged w and before me, xparatd~ and apart from her said hu:band, that she acecuted the said ~ i Mor!g,~ i of rmounc~na and relinquishing her doMrer and riaht of dower and separate esute in and ' g to tl~e ~lan ~}i~ and that ahe acecuted tbe same Ireely and voluntaril~ aud without compuWon, consuaint, appre_ % § hensidprqt'~ear of os'~ ~[,ht~sband. F ~ ~ _ : tN ~?~'~y~ I hereunw iet m hand and of~cial ieal at i ~ ~ "d County ! ~ ~'Sta t W i'~': f''~•~~~ I"~w A. D., 1 9 t F '-`~.`-.~uQ ~i~' ~~~.-...~.~..,.~.i~~• 1 a ~ / / 9 j j tary lic tate of Fbrida at Iarge - M co~ ~ r ' ~ Nohry PuWic. Slate of Floridi at tir~ My Cwnm~ss~on Enpra Sep~ 1. 19~ ~ ~f~~ . ' ~ bJOK ~~4 ~a~~ ~Y~ _ ~ _ - - - - .K. i ~ - - - r ~A4 ~ ~ ~ ' -x ~ ~ ~ ~ - ~ * ' > . ; ~ ~ Fv ~ ~ ~