HomeMy WebLinkAbout0689 f'. 1( default be made in panneat, wbea due, oI aar indebtedness secuccd hereby, or in pertormance ot any ot Mort-
gagor't obligations, rnvenanta or s~eea?enq herlupdet:
(a) Mortgagee is autborued at aay time, witAout aotice, ia iu wle diacretioa to eater upoa and take poucsia~ ot the
premi~a or any put thueof. co pectorm anr sca Mo~a~ee dce~w naasary or proper to conserve the ~ecurity and to coUect
and receive aU nata~ inua and pmfiy thereot, includina thae p~t due as weU u thoie accruin~ thereatter, and
(b) Mon~aaee shall be entided, a a mstte~ ot ttrict ~ia6t and without re~ard to the vatue or occupancy of the security,
to have a receive~ appointed to rnter upon and take postasiar ot the premises, oollcet the rents and profiq there[mm and apply
the sune as the court may direct~ such receiver W have sU the righn and powas permitted unde~ the laws o[ Florida.
In either such caae Mortaasee or ehe receiver may also take pomession of, and tor thae pu~poses uu, any and afl personal
propeny contained in the premises and used by Mortgaaor ia the rental or leasing thercoE or aay part thereoL The ~petue
(iacluding receiver's fea, wunsel fep, cosh and aaseeut'a compenution) incurcrd punuant to the powen herein contained shal]
be secured hrreby. Mortgagee shall (atter payment ot aU coaq and ea~penxs incurred) apply suc6 rents, iuua and profits received
by it on the indebtednw secured hereby in suclt order as Mortgagee determina. '!'4e rig6t to enter and take possession o[ taid
property. W maaage and opente t6e samq and to oollect tlte renq, issun and pwfita thercof, w6ethe~ by a receiver or otherwise.
shall be cumulative w aay other right or r~emed~ hereuader ar attordcd bp law, and may be exercised concurrendy therewith
or iadependendy thercof. Mortgagee shall be liable to account only foc suc6 rents. iuud a~d pmfits actuaUy received by Mortgagee.
14. If the indebtcdnw secured hereby is now or hereafter [urthet se~ured by chattel mortgagp, pledga, rnatracb o(
uuaaty, assignments of leasa. or other securities. or it the p~emius henby encumbered consists of ~ore than one parcel,
Mongagee may at its option achaust any one or more oE said ucurities and the security he~eunder, or suc6 parcels o[ the security
hereunder, either mncurrently or independently. and in such order as it may determine,
I5. No deiar by Mortgagee in e~cercising aay rig6t or remedy hereurtder, or othrrwise afforded by law, shaU oprnte as a
waivu thereof or preclude the exercise thereof during the continuance o( any default hereunder, No wai~~er by Mortgagee o[ any
default shaA constitute a waiver of or consent to subsequent detaults.'
16. Without alfecting the liability of any penon( other than any penon releaced pursuant hereto) for payment of any
indebtednas secured hereby~ and without af[ecting the priority or extent of the lirn hercof upon any property not speciGwlly
released punuant hento. Mortgagee iaay at aay time and from dme to time, withoat notice and without limiwtion as to any
legal right or privilcge of Mortgagee:
(a) Rdease any penon liable for payment of any indebtednas xcund hereby.
(b) Extend the time or agrree to alter the temu of payment of any o[ the indebtedness.
(c) Accept additional security ot any kind. _
(d) Relea~e any property securing the indebtednas.
(e) Consent to the creation of any easement oa or over the premises or any covenants restricting use or occupancy thereof. ~
17. Any agrcement hereafter madc by Mortgagor and Mortgagee punuant to this mortgage shall be superior to the rights
of the holder of any intervening Gen or eacumbrance.
18. Mongagor hereby waives all right of homatead uemption in ihe pmperty subject to this mortgage.
19. T6e covenanu and agreemena hereiu contained shall bind and the benefita and advantages shall inure to the respective
heirs, uecutors, administrators, succeswa and asugns of the partia hereto. Whem~er used, the singular number shall include .
the plural, the plural the singular, and t6e use of any geader shaii be applicable to ail genden. Atl oavenan
cs, aB~Kments and
underta~iags shall be joint and sn~eral. In tLe event additiona! numbered covenanu aze for convenience inserted in this mortgage
(olbwing the legal dacription. such additioaal covenanb shall be read and given effect as though topowing Wu covenant in
consecutive otder. ~
20. Any deficiency in the amount of such aggregate monthly payment shall, unl~ss made good by the Mortgagor prior to
the due date of We aext such paymwt, comtitute aa eve~+t of de(auit under this mortgage. At Mortgageds option, Mortgagor wil!
pay a"late charge° not exceeding tau per centuan (49~0) of any installment when paid mon t6an Fdteen (IS) days after the -
due date thereof to oover the extia expeuse involved in handiing ddinquent paymenu, but such "late charge" shall not be payable
out o[ the procecds of any sale made to satisEr the indebtedness secured hereby, unle~ such proceeds are su[Ccient to discharge the
ntite indebtetiaeit
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~ ~ ~n ~~tn~ ~V~~` gra~tor ?~as caused these
`~(LORfoRATE SF,~I.~.c~ = ~ ~ the presents to
~ : oe executecl in its name, nnc~ its corporate seal to be hereunto a~~ixed, by its
~ • proper o~(icers t{~ereunto c~uly aut~orizec~, the day nnd year ~irst a~iove wrilten.
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AMffitIGN HONII~S AND 1~R'lC'~71~GE INC.
•-------------------•---------•--•---._.......~.._.t...--------•--- -
, ~ v ~ ~ ' L. r & Tjceasurer ~
Si~~ri.~{ ' a iv i the presence o~ ~
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~ ~ william l~. ~ Aric~erson •---•--•r~~;i-----
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STATE OF ~R~ ~
COUNTY OF ST. LOCIS
1 HEREBY CERTIFY t6at on this dar, bcfwe we, aa officrr dnl~ authori:ed io t6e State aad Couit~ afoteiaid to take ackaowkd~me~b,
°"'°°'0' 'D°'""~ William A. Anderson and Verna L. lsinderson
..eli kww~n ~e. se ~o be ~Le Pruideee ..a Seeret~xy & Zhreasnrer .~«;,,~y ~ ~aya,~. ~ ~ ;
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in t~i~ii~~j~t~,,aad ~hat tl~ se~enU~ xinowkdscd eucuti~,a t4 ta~e ia tLe prexooe ot two w6cribi~ witwerea !m!~ aad roiYnuril~
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~~itl~datz tqted in ~6em b~ said corporat:oe aad eLat tbe aa! :(fiued tbenio is tbe ~ corponte seal d said oorporation. 's ~
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!.i.~Q'_'Wt7'1E55 m~~ .and otficial xal iw ~br Cwnt~ awd Snte Ist iforesa~d tbis ,f da> of D. 19 73 : E
' ~ fILEO 4?er ~ECt;~O~
: Cot;Hti F4~.
ye_ - sT. WCIE A ~ '
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~ "l~rr's'~i"r3f~vl~t~Ipi~~'arr~16 F~r,o~?a v~~ F~`-
• ` w. • 1~ ~ ~'73 N0~~1y PIl~It. ~1~! Of ~ ~f$~ ~ R
A~a~~:~.:.:. MaY 11 3 s~ ~H~ tAy Commiss~on Expites Sept. 1, 1973 ~
tnlalter B. Davis 7~
'LHIB INSTRUMENT PREPARED 9Y_
ABSTRACT & TITLE COF,P. OF FLA. n i~ w ~
2L1D 5. 2MD 5T. FORT PiERCE, FLORIDA r~ ~n J~ ~Avt ~~n
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