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Home My WebLink About2144 13. It detault be aude in payrneat, wbea due. o! any indebtednw secu~ed hereby. or in per[o~maoce of any ot Mott- gagor't obligation~~ covenanb o~ saceemwts heceundee: (a) Mortgagee it authorittd it aay time, without notice~ ia ib ~ole discretion to ente~ upoa and take poa~wion ot the premiu~ oc aay pu! thereof~ co perEorm anr aca Mor~asee deeuu necesury or prope~ to conserve the security and to cotlat and receive all renb, issua and pro[its thereot, iacludina thore pa~t due ~ weR y thae ucruina thereafter, and (b) Mortgaaee shaU be entiQed. at a matter ot mict right and without ~egard to the value or occupancy of the security, to have a receiver appointcd to enter upon ind taice po~estion ot the prcmisa. oollcet the rcnb aad pwGu Wve[wm and apply the ume as the court may direct. tucl~ receiver to have all the riahu and powen permitted unde~ the laws of Fbrida. Ia either such cue Mortsa6ee or We receiver may also uke pomasion of, and tor theae purposea u~e, any and all perwnal p~operty contained in the p~emiw and used bp Mortgagor in We rental or leasing thereof or any part thereof. The expense (including receive~'s tea. counxl tees, cwq aad a6ent's oampensationj incurred punuant to the powen herein containcd shall be secured heteby. Mortgagee shall (atter payment of all cosb aad expenses incurnd) apply sucA rena, iuues and profu received by it on the indebtcdness secured hereby in such order as Mort~agce determines. The right to enter and take pouession ot said pmperty, to manage and operste the same, and to oollect the reup, usues and profib thereot, whethcr by a receive~ or otherwise, s6all be cumulative w any other rig6t or remedr henunder or alforded by law. and may be exerciud concurrendy therewith or independendy thereof. Mortgagee ~aA be liable to ucount onir for such nnts. issua and pmtits actually received by Mortgaae:e. 14. If the indebtedneas secured hereby is aow or haeatte~ (urther secured by chattel mortgaga, pledga, contraca ot guaranty, auignmrnts of leases. or other securitics. or if the premises hereby mcumbered consists oI more than oae parcd, ~ Mortgagee enay at its option exhaust any one or more of said securities and the security hereunder, or such parcels of the security hereunder, either concurrcntly or independently, and in auch order as it may determine. !5. No delay by Mortgagee in exerrising any right or remedy hereunder, or otherwise afforded by law. shall operate as a waiver thereof or predude the exerciu thereof duriag the matinuance of any detault hercunder. No waiver by Mortgagee of any dcfault shall comtiwte a waiver of or rnnsent to suhsequent detaults. 16. Without af[ecting the liability of any penon( otha than anr penon released pursuant hereto) for payment of any ' indebtednas secured hereby, aad wiWout aEfceting the priority or extent ot the liea hereof upon any property aot specifically released pursuant herrto~ Mortgagee may at any time and twm time to time, without notice and without limitation as to any lcgal right or privilege of Mortgagee: (a) Release any person liable for p~ o( ~ FIIEC Ah~J RECORDED payme y indebtednas securcd hcreby. ST. LUC1E COUNTY FLA. ROCf(i i'~tiRAS ~ (b) Fa~tend the time or agree to alter the terms of payment of any of the indebtedness. ClFP.K Cl?t~U1T COURT (c) Accept additional security ot any kind. p~~~'~ ~'"i'~Efl (d) Rdeast any property securing t6e indebtednw. 17AY 30 4 i4 PM'73 (e) Conseni to the cnation of any easement on or over the premises o~ any covenanu restricting use or occupancy thereof. 17. Any agreemtnt hereafter made by Mortgagor and Mortgagee punuant to thu mongage shall be superior to the rights of the holder of any intervening lien or encumbrance. ryr~ 18. Mortgagor hereby waiva all right of homatead exemption in the property subject to th;s mortgage. f` 19. The covenants and agreunrnts herein contained shall bind and the ben~ts and advantages sha11 inure to tLe respective heirs, acecutors, adtninistraton, succasors and assigns of the partia hento. Whemer used, the ungular numbet s6a11 include the plural, the plural the singular, and the use of any gender shall be appticable to all genders. All covcnants, agreemenb and undertakings shal! be joiat and several. 7n the event additional numbered covenants are for convenieace inserted in this mortgagt tolbwing the legal descripdon, such additional covenanu s6a11 be rcad and given etfect u though folbwing this covenant in consecutive order. 20. Any deficiency in the amount of snch aggregate monttdy payment shall, unlas made good by the Mortgagor prior to the due date of the ne:t such payment, wastitute an event of default under this mortgage. At Mortgageds option3~ or wi pay a"late chargd' not exceeding four per centum (496) of any installment when paid more thm Ctft ~(1~) daps after the due date thereof to cover t6e a~m expenae iavolved in handling delinquent payments, but such "late c d' s6all not be payable out of the proceeds of any sale made to satisfj the indebtedness secured henby, untess such sufficient to discharge the entire indebtednea. , IN WITNESS WHEREOF, c6e said Mongagor s, ~~rt • Ta Zor Gla s L. Ta lo his wife hereunto set ~eir hand s and :e~i S the day and year (ir above writte Signed, aad delive ~t? t ce of : . Taylor ~ r (Su~) ~ ~ ~~~?oZ~SEwLI ~ Gladys ylor STATE OF F~TID~C~ ~ COUNTY OF ~ , ~i I, an ofGcer authorized to take acknowledgmenq of deeds according to the laws of the State o( Florida, duly qualified and , I acang, HEREBY CERTIFY ~hae _ laobert D. Taylor and Gladys L. Taylor, his wife ~ ~ ' to me personaUy known, this dar per,on~!!y ,ppeared and ac~nowledged before me that - they ~~uted the foregoing Mort- ~ gage, and I FURTHER CERTIFY that I kiwMr the said perw•+ S malung said acknowledgment to bE the individual_S ~ dacribed in and Mrho executed the uid Mortgage. { AND I FURTHER CERTIFY ~hat wid _ Gladys L. Taylor ~ ~ l~bert D. TayZor f is I~nown w me to be the wvfe of said ~ and that she this ds~` a~lpp~rledsed w and before me, uparate]p and apart from 6er said husband, that she executed the said ~ ~~=~8a8~ ~t~'~T t'~.o ~teiioie i;,.. , of rmotmcing and relinquisbing 6er dower and right of dower and apuate atate in aad , to the lands ~i'dacn'b~,ae~•i~at s6e dcccuted the ~ame freely and volantuily and without compultion, constraint, appre- ~ hension or ~ af o~ ~ ~ ~?,:~pp~i, ~ e: INL,~NES~~W1t~REbF, ~I; "}?e~eunto ~et my haad and official sul at Fbrt Pierc ~ and 3t;~,: t6is daj aE,•' Mav A. D.. l9 ~d Y ~ 1•" 3 . j,. ~ ' ~J v~ ~ `r ~ ~ iu•~::, : ~ ' ~ f~r!;~F N Pu c ta e o Fbrida at Larse Mr ~1J/~1L~ Motary Pubft. Slate M fb+~da ai larg~ ~ v... ° R 21~ ~2143 ~ Camm~ss,~ ~~a j, 1973 BOUx - r,,~ , _ - , ~ - ~'X'`~ ~a"~'.~~ f e3' - . ~ 'y~r~...~~~~u. s' ~ f 2` ~y~.~..^ .