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HomeMy WebLinkAbout2844 13. 1[ default be made in payment, whrn due~ of any indebtedneu :ecu~ed hereby. or in pertormance ot any ot Moct- aagor's obligations. covenant: or aa~eemenu bereunder: (a) Mortga~ee is authori:ed at any tune~ witliout notice, in its sole di~cretion to ente~ upoa and take pofstuion ot the premixs or any put theceof~ to pedorm aar ut~ Mo~taaaee deews neceuary or proper to conurve ehe security and to coUect and ~eceive all renb, issua and pmfits theteof. includi~ thou past due as well at those acc~uina therea[ter. and (b) Mortgagee ihaU be entided, at a matter oE itrict riaht and without regud to the vatue or occupancy of the ucurity. to have a receivec appointed tu enter upon and taEe postwion o! the prcmises, collect the nnes and profiq therefrvm and apply the same ai the court may direct, such receiver to have all tLe rights and powen permitted under the law~ ot Florida. In either such caK Mo~tgagee or the receiver m~r abo take posseuion of, and tor these pu~poses use, any and all peno~sl property contained ia the premisea and uaed by Mottgagor w the re~tal or leasing thereoi or any part thereof. The expenu (including receiver's fea, couasel fea~ costt aad ageat's compensation) incurred puauant to the powen huein contained shali be secured hercby. Mortgagee ihall (after payment ot att cosu and expensa incurnd) apply auch rents, iuues and pmfts received by it on tAe i~debtedness acured hercbr in such ordu as Mortaagee determioes. The right to enter aad ta1~e possasion of said properq. to maaage and ope~ate the same, and to eollect the rents, issua and profits thereof, wAether by a receiver or otherwise, shall be cumulative to an~ otha right or remedr hueut~dee or a(forded by law, and may be exerciud concurrently therewith or independently thereof. Mortgaaee shatl be tiable to secount only !or such nnts, isaues and profiq actually received Dy Mortgagee. 14. I[ the indcbtednas securcd 6e~eby is now or hereafter turther secured by chattel mortgages, pledga. conuaeq o[ guuanty, assignments oE lea~ea, or other securities, or it the premises hereby encumbered consists of more than one parcel, Mortgagee may at its option eshaust anr one or more oE said securitia and the security henunder, or such parcels o[ the security hereunder, either rnncurre~tly or independently, a~d in such order as it may determine. l5. No delay by Mortgagee in exercising any right o~ rcmedy hereunder, or ot6erwise at[orded by law, shall opente as a waiver thereof or preclude the exercise thereof during the continuance of any detault hercunder. No waia~er by Mortgagee ot any default shall constitute a waiver of or consent to subaequrnt deEaults. 16. Without affccting the liability of any pe~n( other than any penon rcleascd punuant hereto) [or payment oE any ~ indebtednas secured hereby, and without af[ecting the priority or extent of the lien horcof upon any pmperty not speciticaliy released punuant hereto, Mortgagee may at any tune and (rom time to time, without notice and without limitation as to any legal right or privilege of Mongagee: fIIED AH~ RECOROtO ST.IUCIE COUMTY FLA. ~ (a) Release any person liabie for payment of any endebtsdness aecurcd hereby. ROCE3 FOITi~AS ~ (b) Extend the time or agree to alter the tem~s of payment of any of the indebtednas_ ~LEFK ~;I~CUIT COURT R~r~a.^ v:.„.~~~ED ~ (c) Accept additional sccurity ot any kind. (d) Release any property securing the indebtedness. Ju! ~O z QQ H~~~ ~ (e) Conscnt to the creation o[ any easement on or ovrr the premises or any covenants ratricting use or cecupancy tl?ercoE. 17. Any agreemeat hereatter made by Mortgagor and Mortgagee pursuant to this mortgage sl~all be superior to the rigAts of the holder of any intenrcniag litn or encumbrance. 18. Mongagor herebq waiva all right of homatead e~cemption in the pmperty subject to this mortgage. 19. 'The covrnants and agreements herein contained shall bind and the benefits and advantages shall inure to t6e rapective hein, executon, administraton, successors and assigns of thc partia hento. Wherever used, the ungular number shall include the plural, the plural the singular, and the use of aay gendec shaU be applicable to all genders. All oovenants, agreements and undertakings thall be joint and.several. In the evmt additional numbe~ed covenants are for convenience inserted in this mortgage folbwing the legal description, such additional covenanis shall be read and given effect as though following this covenant in consecutive order. 20. Any d~dmcy iu the amount of such aggregate monthly payment ahall, unleu made good by the Mortgagor prior to the due date of the next such payment, conatitute an event of default under this morcgage. At Mortgagee's option, Mortgagor will pay a"late chazgd' not eicceeding four per crntum (496j of any installment when paid more than Cdteen (IS) days after the due date thereof to rnver ihe extra expense ~nvolved in handling delinqucnt payments, but such `7ate charge" shall not be payaWe out of the proceeds ot any sale made to satisEy the indebtednas secured hereby, unlw such proceeds are sutticient to discharge tLe entire indebtednas. IN WITNESS WHEREOF, the said Mortgagor F• V~ ~'Y~ ~'Y~• h~s wife hereunto set ~e~ hand s and sea~ the day and ycar tirst above written. ~ Signed, sealed and delivered ia nce o: ~ ( S~~ ) , ~ _ ~ i I~ ~~~~i.fi~-- ; 1..~ 1L~ ? - Y (CE/1L~ i STATE OF FLORIDA . f .ss I COUNTY OF ~O[ ST? LU(.ZE i ~ I, an officer authoriud to wte acknowledgmenb of deeds according to the laws of the State ot Fbrida, duly qualified and E acting, HEREBY CERTIFY that ~ F• ~ SLY~ ~~Y~~ h].S wife ~ i f to me nonall known this da nall a ed and acknowlod ed before me that executed the for oin Mort- ~ p~ Y , Y P~~ r PP~ar S -~X-- ~8 8 f gage, and I FURTHER CERTIPY that I know the said pe»on s making said acknowledgment to be the individuat S described in and who executed the uid Mortgage. ` AND I FURTHER CERTIFY that said CF.T+ZA VAN SLYCK is kr.own to me to be the wife of said ~ F' v~ ~'Y~ • and that s6e this day acknowledged to and before me, Kparately- and apart fmm her said husband. that she exec~ted the said = Mortgage Deed for the r+~tpor~ of renouncing and rdinquishing her dower and right of dower and xparate atate in and to the lareds therein dacribed, and that she executed the :ame freely and voluntuily and without compulsion, constraint, appre- ~ hension or (ear of or from her 6usband. ~ ' above mentioned ~ IN WITNESS WHEREOF, I hercunto ~et my hand aod of~ic~,~s~ilr~t ~aid County ° : 73 ; and State, this 26th ~y of JulY J. t`f(•~D., 19 , ~ 'y NOTARY PUBUG, State of F~~,~ ~ T~.• ; MY Commission Ex a r e s Dp.-o.s ~.~e Q ° lic tate o[ ~ t Larse , M y c o a u n i s+ i o n e x p i r e s ~.aWNERS INSUR . ~E~ . ~ . ~ ; a . ~ a ~ ~ir OR 1~j ? ~'~...5~~1 `~~~ti~\`J BCQK~iV Fi~v~2,84 g ~~~i~N,;lIf111i\ ~ ~ ~ - - I i ~ F~~~,.~~~ ~ ~ ~-v.,- .=m~ `s c ~ . ~ '"~~a.~'""s:~'s.>'~'~~.~ ~~.~m ~ - ~ . . ~~-~e;~.~