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HomeMy WebLinkAbout2744 l3. If de(autt be made i~ paywent~ whrn due. of any indebtednes~ ucured hereby. or in performance ot any oi I~lort- • gagoi s obligations, coveaants or aanementt hcseunde~; (a) Mortgagee is authorised at sny time, without ~otice, in ia wle disc~etion to ertte~ upon and take posscuion of the premisa o~ an~ part theceof, to perform any scq Mortga6ee deems neccssary or proper to conserve the tecurity and 1o wllect and receivc all renb, is~ua and protits the~eof. indudina those past due as wett as thoae ucruing thereaEtet. and (b) Mortgagce shaU be rntitled. as a matte~ a( strict right and without rega~d to the value or occupancy ot the ~ccurity, to ha~e a receiver appointed to enter upon and takt poiteuion of the premisa, rnllect the rents and pw~q thuetrom and apply the same as the court may direct, such raeiver to have all the rights and powen petmitted unde~ the laws o( Florida. In either such case Mortgagee or the receiver may al~o tate poueuio~ of, and tor thae purposea use, any and all pecsonal property contained in the premisa and wed by Mortgagor in the rental o~ leasing thereo[ or any pa~t thereof. The ea~pense (including receivers [eea, counsel fees. costs and agent'~ compensation) incurred punuant to the powers herein contained sha!! be secured hereby. 11fo~tgagee ihall (alter payment of al! twb and expenses incurred) apply such rents, issua and pmfts received by it on the indebtedness secured hereby in :uch order as Mortgagee determiaes. The right to entcr a~d take possasion of said property, to manage and operate t6e same, aad to coUect the nnts, asua and proGts thercof, whether by a crceiver or otherwise, aha11 be cumulative to any other right or remedy hereunder or ai[orded by law, and may be exercised concurrmtly therewith or independently thereol. Mortgagee shall be liable to account only for such rcnts, isaup and profits actually teceived by Mortgagee. 14. If the indebtednen secured hereby is now or hercafter further secured by chattel mongaga, pledga, coatrach ot guaranty, assignments of leasa, or other securitia, or it the p~emises hereby encumbered consists of more than one parcd, I~tortgagee may at its option exhaust any one or more ot said secprities and the security henunder, or such parce[s o[ the security hereunder, eithe~ concurrently or independently, and in such order as it rrwy deterrainc. ~ . lS. No delay br 111ongagee in exercising any right or rcmedy hereunder, or otherwise attorded by law, shal! operate a~ a waiver thercof or preclude the exercise tbereof during the continuance of any deiault hereu~der. No waiver by Mortgagee of any default shaU constitute a waiver ot or consent to subaequent defaults. 16. Without attecting thc liability of any person( other than any penon released punuant hercto) for payment of any indebtedneu secured he~eby, and without af[ecting the priority or extent of the lien 6ereof upon any pmperty not specificall~ reIeased punuant hereto, Mortgagee 'may at any time a~d [num time to timc, without notice and without limita ipn as to any legal right or privilege of Mortgagee: F LEO RNp qE~pRO~q, (a) Releax any penon liable for paymcnt o( any indebtednw securcd hereby, =~•LU4~E CdUTtY ROCEri oo' a~3 (b) Factend the time or agree to alter the ternu of paymcnt of any o[ the indebtedneQ~ERK ~'~~~~~Y QOURT ~ RECARJ VEF ci~p~ (c) Accept additional seeurity ot any kind. ~CpZ~~ (d) Releate any property securing the indtbtedness. JJ ~ Q~ e~1 (e) Consent to the crtation of any ~asement on or over the pnmises or any covenants restricting use or cecupancy thereof. 17. Any agreement herea(ter made by Mortgagot and Mortgagee punuant to tbis mortgage shall be soperior to the rights of the holder of any intervening lien or encumbrance. - 18. I?fortgagor henby v?aives all tight of homatead exemption in the property subject to this mortgage. 19. Tht covenanb and agreements herein contained shall bind and the benetib and advanWga shall inute to the respecti~e heirs, executon, administraton, succeuon and auigns of the parties hereto. Whvever used, the u ngular nutnbcr shall indude the plural, the plural the singular, and the use ot aay gender s6all be applicable to all genden. AU covenants, agreements and undertakings shal! be joi~t and :everal. In the event additional numbered covenanu are for convenience inserted itt this mort6age folbwing the lcgal dacription, such additional covenants shall be read and gi~en effect as though following this covenant in consccutive order. 20. Any deticiency in ehe aawunt of such aggregate montWy payment ahall, unlas made good by the Mortgagor prior to the due date of the ne:t such payment, constitute an event of defautt under t6is mortgage. At Mortgagee's option. Mortgagor wil) pay a"late charge" not eacceeding tour per erntum (49'0) of any installment when paid more than fifteen (15) days after the due date thereof to cover the extra ezpense involved in hapoling delinquent payments, but such "late charge" shall not be payable out ot the proceeds of aay sate made to satisfy the indebtedness secured hereby, unlas such proceeds arc sutficirnt to disc6arge the entire indebtedness. ~n ~lttleSS ~he!'eDf . (OOAPO1tATE SEwL) the grnntor has cauaecl these presenta to be executed in its name, and its corporate seal to be hereunto a~~ixed. by its proper o/jicers thereunlo duly nuthorized, ihe day and yecu /irst abo~e written. ~ ~ . . k ` ~ ' c~G~ ` ' ~ ~ . ~ = - . • s«~~ _ . ~,,,.~a"~.-•-••------..~Q~A~~.....~~'1!G...,,r. . L ERSON ~ & ~ S AND ! isI = ~ ~~~SSS . , ~ ~~7~''~, ere in f{~e presence~~ . ~ . FIIED AND REC ~Q~p . ~~~~~~lt~r. - - ~ r: ~ 3f:ttlCtf COUM~~'/~.Z . " ~ - n ' . . ~ ~r YO~TRAS r~a~ae ~ ` : ROG : ~ . . - - CtERK ~t~CUtT COURT ~ ~ c~ r~t~pii~'v~P~F~EO~_.._.,... ; - Y.;:;, ~ ~ ~ ° s ,iui [l Zs ~H }73 + T. LUCIE ~ ~ '_•'?~~>~..~iEA'E9V CERTIFY ~Aat on this dar, 6ef«e me, m o(ficer du lsu~1 6onsed i~ ttie 54[t and Cw~qr afwesaid to ule actsowkdsmewts, ~ "~:~r ~v~u~a Willia~ A. Anderson and Verna L. Anderson ..~u t.own io ,nr io be Pr~,;a~p~ „a Secretary and Treasurern.pe~w~el~ of uK corpor,,;oo .,.~d ~r,,,co~ j in t6t (wesae~ dred. asd tAat the~ ~Trall~ acknowkdsed executi~ t6e s~~?e is t?t prese~ce of two ~ub~cribi~ witne~es frtel~ and ~ntan'Iy s uedcr autborit~ dul~ vested i~ tbem Dy nid corporalioe a~d tAq tbe q~ t(~,~Klo "s tbe uae eorporate seal e( ~id earpa~tio~. _ WIT\ESS mY hawd aad official ral ia tbe Coustl aad $~at~Y~.• ' t~ 17t}1 d~7 ~ July , A. D. 19 'r3. ,,`,`,~~b~1~!~tr:.y~ = • t`:~~- ~ • ~bi • ~'s ~ - : ~ ! • ~ %~i; `~v.'i~• I~iit hulmnte~t! prrprtrrd by: - U~~~`, a~0 ARY P e~~c, st te a at ~.aree z ~ ;t~~ = , , ' ~ - ~ : ~ ~ ~Ilg? ission Expir ember 18. 1976 ~ (i - So rr AU70-OWNERS 1 YRANCE Cp. A~ldrr~s -,,~~s:.~~' .~c.~',~~: ~'t~,,~~ : £ THIS INSTRUAIENT PREPAREO BY: ~~4.~1,Riia ' i . /f1~Gl+~el ? ABSTRACT & 71TLE CORP. OF• , y~~ i~;;~~...'1t•` /lJe x 208 0. 1ND iL FORI PIERCF ~'t~ltl~a:l~.Lsa~r~~/h~~~~~~~~ t~#~r~~~'J~~~~V F?~v~~ZtJV r ~ • k ' _ _ _ . ' _ ..~.__a ' ~ ~ ^~-r ~ '+°~<r'. 5r ~ J~ r~'~"Ht `°Y Y X fd : ,~'k -'~:.`KT' ~ . ~ - .~i`'~ ~ ~x ~;~~~~~-~3_.. ~ . . S~L: