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Home My WebLink About0396 13. 1t default be aude ia paymeat. wAea due, of any iodebtednw sccured hereby, or in perio~maoce oE any of Mort- gago~'s obligations, covenaan or aaceemeatt hereuadu: , (a) Mortgasce u authorised at aay time, without aotice, ia ib ~ole di~crctioa w e~tec upoa and take poueuion ot the premius o~ any pa~t thereot. to periorm an~ ut~ Moctaaaee deems ~«asary or proper to oouaerve the iecurity and to coUect and receive aU ceab, itsua and proCb tbereof, iacludina thae past due u weU as thaae uuuins thereafter. and (b) Mortgaaee shall be endded, a~ a matta af strict rialtt and without n~ard to the value or occupaacy o[ the securitY. to have a rcceiver appointed to ente~ upoa aad uke poasasion ot the premisa, oollat the rents and pwGts there(rom and apply the same as the court may dircct, wch receiver to have aU the ~ighq and powen permitted unde~ the laws of Flo~ida. In eithe~ such case Mortaagee or the receiver may al~o take ponasion of. and [or thae purposes use. any and aU penonal property contaiaed ia the premisa sad used bp Mottgagor in the rental or leuing thereof or a~ry part thereof. The ezpenu (iacluding recuver't (ea. couasel fea, coatt aad aaeat9 compenutioa) incwred pursuant to the powen herein contained shall be secured hereby. Mortgagee s6aU (atter paymrnt of all cosb aad eapenses incumd) apply such rents, issua and profiu received by it on the indebtedaeu secured hereby ia such ordes as Mortaasee determines. The right to eater aad take poumion of said pmperty, to manage and operate the same, and to coUect the renb, issua and pmfits thereot, whether by a receiver or otherwise, shall be cumulative w aay other right or remed~ hereundu or affocded by law, and may be exercised concuRently therewith or iadependendy thereof. Mortgagee shap be liable to accous?t oalr [or such rcnts, issua and pmfits actually received by Mortgagee. 14. If the indcbtednas secured hercby is now or hercatter (urther secured by chattel mortgaga, pledges, contracts o( guaranty~ asaignments of leases. or other securitia. or iE the premisa herebr encumberec! consists o( more than one parcd. Mortgagee mar at its option enhaust any oae or more of said securitia and the security hereunder, or such parc~h ot, the security hereunder. uthe~ concurcently or independently, and in such o~der as it may determine. ~ 15. No delay by Mortgagce in exercising any right or remedy hereunder, or otherwise atiorded by law. shall operate aa a waiver tbereef or preclude the ezercise ttiereof during the continuance o[ any default hercunder. No waiver by MoKgagee of any default shall constimte a waiver of or rnnscat to subsequent detaules. 16. Without atfating the liability of any person( other than any person released pursuant hereto) Ior payment of any - indebtednas secured hereby, and wittiout af[ecting the priority or extent of the lien hercof upon any proputy not speciGully released~ punuant hereto~ Moctgagee may at any time and from time to time, without notice and without limitation as to any legal right or privilege of Mortgagee: Fi~E~ Aw~ aEC~R~Ee (a) Rdease any per~on liable fo~ payment of any indebtedness secured hereby. sj, ~~IE COI1M Y FL1~. (b) Extmd the time or agree to alter the terms of payment ot any o[ the indebtedness. ROCE~ t'O~TRI~S ( CIERK C~~CU~~ COURT (c) Accept additional security of ~,y 2~441 aEG~RD vF4~~lE0 (d) Rel~ase any property securing the indebtednesi. I~~4 `u 11~ t (e) Consrnt to the creation of any easoment on or over the premises or any covenants ratric r occu ncy thereo . 17. Any agreemmt hereafter made by Mortgagor aad Mortgagee pussuant to this mortgage shall be superior to the rights of the holder o[ any intervenina lien or eacumbrance. 18. Mortgagor hereby waives all right of homatead exemption in the property subject to this mortgage. 19. 'I'he coveaants and agreemcnta herein contained s6a11 bind aad the benJts and advantages shall inure to the respective ' heirs, e:ecuton, administrawn, successots and assigas of the parcies hereto. W6erever used, the singular_number shall include the plural, the plural the singulaz, and the use of any gmder ahall be applicable to all aendus. All oovenants, agreements and undertakings shall be joint and several. In the evrnt additional numbercd covcnants are [or convenie4ce inurted in this mortgage folbwing the legal description, :uch additioaal covenants shall be read and givrn effect a~ though following this covenant in coa~etutive order. - 20. My deficiency in the amount of _such aggregate montWy payment shall, unlas made good by the Mortgagor prior to the due date of tLe nezt ruch payment, constitute an evmt of default under this mortgage. At Mortgagee's option, Mortgagor will pay a`7ate charge° rwt exceeding four per eentum (496) of any instalLncnt whea paid more than fifteen (15) days after the due date thereoi to oover the extra e:pense mvolved in handling ddinquent payments, but such "late chazgd' shall not be payable ; out of the proceeds of anY sale made w utisfy the indebtedness secured hercby, ualess such proceeds are sut~cient to dischazge the entire indebtednus. ~ s Georqe Earl Kniqht and Jacqueline J. Itnight ~ IN WITNESS WH F, the uid Mortgagor , hereunto se ~e'1 S_ the day and year tirst above wri en. ~ g~g~~~ ' th ~esence o[: ~ ~ " LI rge ~ t • ~~O~iS.. - ~ C3 ' ' - lLl, ti~ (S6AL) STATE OF FLORIDA • ~ a quelinq . IOn t ST. LIICI~ COUNTY OF E~iIDC . I, an ofCcer authorizod to take acknowledgmenb of deeds according to the laws of the State of Fbrida, duly qualitied and accing, HEREBY CERTIFY d?~c ~rge Earl Knight and Jacqueli.ne J. Knight, his wife to me personally known, t6;s day personallr appeared and acknowledged before me that acecuted the foregoing Mort- gage, and I FURTHER CERTIFY that I linovr the said perw~ S making said acknowledgment to be the individ~~a~ S dauibed in and wLo e:ecuted the said Mortgaga ~ Jacc~ueline J Knf ht ~ AND I FURTHER CERTIFY that raid 9 ~ ~ Geor e Barl Rni t is lu~own fo ~i~e :to•be the wife of said J 9~ and thef~e .sWj}ej~~ji'.~c~nowkd6ed to and befure uPuatelp and apart frem her ~aid husband, that she acecuted the said Mo,r,Zg4gt.Deed~foi~tJis~~rpot~ of renounciag and relinquishing her dower and right of dower and xparate aute in and to; t~e lsnds therein"ddtr~jed. and that ihe a~ceuted the :ame frcely and voluntarily and avithout compulsion, constraint, appre- hen~o~ ;or' ~dt ~ )er ~a v hur`.:and. - ~'i` . ~n ; I~ V11~'1~I~ WHF.~EOF, I hereunto set m~ hand and ofGcial seal at pieree ~d ~~~y ~ ft . _ ;+rd'8ca~ f~is~ d,r of MaY A. D., 1 ~ ~ ( :,y ~ ~ ~ F~ ~~'~F` otar~ Public State o rida at Luge Mr comm;suoo'ezp~ra . ~ ~ 13 ~~~~~tExDues ~D'~~~~ BooK2~4 ~~E ~97 ~ : . - - - - - ~ s ~ ~ ~ ~ "'r ~~~~~~~-s~~~*~.:.Z~Z'~~= .s_~~ . . s