HomeMy WebLinkAbout0335 I3. I[ default be aude ia payment, rr6en due, oE any indcbtedneu serured hereby, o• in per(o~mance ot ar?y ot I?ioct• ~
gago~ i obligations, covenana or aareemeat~ hcreuadet: :
(a) Mortgagee is authorised at u?y time, wit6out noace, ia ia wle discrction to enter upoo artd take poues:ion ot the
pcemisa or any pan thereot, co pertorm an~ ua Moc~aaee deem~ necesury oc proper to coaxrve the security and to coQat
and receive all nnb, iuua and proGts thereof, includina these past due as wetf as tbose ucruins tbereatter, and .
(b) Mortgagee shall be eatided, as a mstte~ o[ ttrict right and without rcgard to the value o~ occupaaty of the securi~y.
to have a receivec appoiated w enter upon and take possaaioa of the ptemises. collect the rents and pmfib thesefrom and apply
the tams aa the court may direct, such receive~ to have aU the riahq and powen pe~mitted under the laws ot Flo~ida,
In either such case Mostgagee o~ the reteiver auy abo take possca~ion of, and far thae purpoaes we, any and all penonal
pmperty contained in the premisa aad used by Mortgagor in the rental or leasing the~eo[ o~ any part thereof. The expense
(induding recaver s tea. couasel fea, cosb and aaent's compensatioa) incurred punuant to the powers henin contained sAall ~
be ucured hereby. Mortgagee shall (atter payaeent of all cosb and expenses incurnd) apply such rents, iuua and profts received
by it on the indebtedness secured horebp in such ordu as Mort~a~ee determines. 'The right to enter and take pos:~ion of said
pwperty. w manage aad operate the same, aad w collect the rents, issua and pro[iq therrof, whether bp a receiver or otherwise,
s6all be cumuladve w aay other right or remed~ hereuader or af(orded br law~ and may be e~cereixd concurnndy therewith
or independendy thereof. Mortgagee thall be liable to auount oaly for auch nna, issua and pro[its actwUr received by Mort6agee.
14. If the iadebtedaas secured hereby is t~ow or hereatter turther secuted by chattel mongaga. pledges. coatncts of
guaranty. assignmenb of lcases, or other securitia, or if the premisa herebq encumbered rnnsists oE more than one parcd,
Mortgagee may at iq option exhaust aay one or more oi said securities and the security hereunder, or such puceis ot the secu~ity
heteuader, either concurrently or independendy, and in such otder u it may determine.
15. No delay br Mortgagee in exercising any right or remedy he~eunder. or otherwise atforded by ]aw, shaU operate as a
waiver thereot or preclude the exercue thereof during the continuance of any default hereunder. No waiver by Mongagee of any
default shall constitute a waiver o[ or rnnsent to subaequent defaults.
16. Without atfecting the liability of anr person( oWa than any penon ~eleased pursuant hento) (or payment oE any
indebtedness secured hereby, and without affecting the priority or extent of the lien he~eo[ upon any propertp not specificatly
released punuant hereto. Mortgagee may at any time and [rom time to time, without notice and without limiationl~sto ~y
Icgal right or privilege of Mortgagee: ~ e~s ~n
~ J r- ~1~
(a) Rdease any person liable for payment of any indebtedness secured hercby. 7 fi~ ~ A
(b) Extwd t6e time or agree to alter the ternu of payment of any ot the indebtednas_ ~ ~c~`..,'~~ ~
(c) Accept additioaal security of any kind., o 'cs-oo" Q~
d) Release aa ro N ~ e o=~ O
( y p perty securing the ind~btednw. . cs
° s 1~
(e) Consent to the creation of any easement on or over the pnmises or any covenants ratricting use or occupaA~4h w.~o ~
~o re~
17. Any agreement 6ereatter made 6y Mortgagor and Mortgagee punuant to this mortgage shall be superior to~e M! ~o ~
of the holder of any intervening leen or encumbrance. ' • ~,.i
18. Mortgagon c~irby waivcs all right of homatead ~xemption in the pmperty subject to this mortgage. D~G~~
t9. The rnve~aau and agreements herein oontained shall biad and the benetits and advantages shall inure to the rapecti~-e
heirs, e~cecutors, administrators, successocs and assigns of the parties hereto. Where~er used, the singulaz number shall include
the plural, the plural the siagular, and s~e ~,se oE any gender shall be applicable to aU grnders. Atl covenants, agrecments and
undertakings shall be joiat and several. In the eveat additiona) numbered covenanu are for rnm~enience inserted in this mortgage
folbwing the legal description, such additional covenants shall be ~ead and given effect u though following thu covenant in
consecutive order.
20. Any deficicncy in the amount of such aggregate monthly payment shaU, unless made good by the Mortgagor prior ro
the due date of the aext such payment, constitute an evwt of default under this uwngage. At Mortgagee's option, Mortgagor will
pay a"late charge" not acceeding four per centum (496) of any installmrnt when paid more thae fdteen (15) daps after the
due date thereof to cover the actra expense ~nvolved in handling deliaquent payments, but such "late c6argd' shall not be payabk
out of the proceeds of anq ~le made to satisfy the indebtedneu secured hereby, unlw such proceeds are su[Ccient to dixhuge the
entire indebtedness. .
IN WITNESS WHEREOF, the said Mortga~or B17YC8 J. B~1N ~L~ P~TZ~ S. 8~1~ h~S Wife
hereunto set ~1~_ hand~_ and seal the day and year tint above writtrn. -
Sign and de' red in thy praence of:
' uc )
. ~
( Srr?t. )
STATE OF F A . ~
u
COUNTY O8Q~7C ST. I.LxIS
i
I, an ofCcer authoriied to t~ke ackr?owkdgmenb of deeds according to the laws of the 5tate of Fiorida, duly qualified and
accing, HEREBY CERTIFY that H~~ J. Bt~ldd K'ID pA[TL~ S• B~~N~ hls wife
to roe personaUy known, this day penoaally appeared and ackaowledged before me that ~ey _ executed the foregoin Mort-
gage, and I FURTHER CERTIPY that I~now the said perso~ $ making said acknowledgment to be the individual ~
dacribed in and who executed the said Mongage.
AND I FURTHER CERTIFY ehat ~id P11IJI~ S. B~ITN
is luwwn to me to be the wife of said J• ~
and that she this day acJcnowledged to and beforc me, separately and apart from 6er uid husband, that s6e eacecuted the said
Mortgage Decd for the rn~rp~oae of renow?cing and rdinquishing her dower and right of dowe~ and xparate atate in and
to the lands therein dacribed, ~and t6at she exauted the ~nx treely and voluntuilr and without comp~ilsion, constraint, appre-
hension or tear ot or fcom 6er husbaad.
IN WITNESS WHEREOF, I hereunto set mr hand and ofCcial :ea? at ~t3AI1@d wd Count
,,,~~~~~h Y
' and staee, this 2~ dar of ~119L18t .A. D.;..1~
, ~
: .
NOTARY PUBUC, State ot FIo~ ~~r$e = r
My Commission Expires Oecember Q No li qte of ri e
jyjy Cpmmia~100 p[Pi 76 _ { " _ .
AHCE Cp, _ - p II _
. = - o - -
secx
~i7 Fa~F .
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