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Home My WebLink About1128 13. I( detault be made in payment, when due, of any indebteelneu ucuret! herrby, or in pertonn:?nce o( any ut I~iwt• . gagor s obligations, co~•enants or agreemenb hereundec: (a) I?iurtgagee is authori:ed at any time, without notice, in its wle diacretioo to enter upon and take posseuiun of tAr prenuses or any pan thereot. to pedorm any acu Mortgagee deems necessary or propcr to consen~e the security and to collect and receive all rents~ iuua and pro[its thereof, i~cluding those past due as well as those accruing therea[te~, and (b) Mortgagee shall be entitled. as a mxtte~ ot ttrict right and without regatd to the vatue or occupancy ot the srcurity, to have a receiver appointed to enter upon and take posseuion o( thr premises, collect the rents and profits there(rom and apply f the same as the court may direct, such r~ceiver to have all the rights and powers permitted under the laws ot Florida. ~ ln eithei such case Mortgagee or the receiver may also take possesaion of, and for thae purpos~s use, any and all perwnal property conWined in the premises and used by Mortgagor in the ~ental or leasing therco( or any part thereo[. The expense t (including recei~•er s iees, counsel fea, cwts and agent'a rnmpensation) incu~red punua~t to the powers herein contained shall ~ tx secured hereby. Mortgagte shaU (a(ter payatent o[ al! cosq and expenses incurred) appiy such rents, issua aud p~oGts recei~•rcf ~ by it on the indebtcdneu secu~'d hereby i~ such otde~ as Mortgagee determines. The right to enter and take {auruion of said property, to manage and operate the aame, and to collect the rents, iuues and profits thereof, whether by a receiver or otherwise, shall be cumulative to any other right or rcmedy hereunder or a[torded by taw, and may be exercixd concurrently the~ewith ~ or indepcndeatly thereof. Mortgagee sha11 be liable to account only for such nnts, issua and profits actually received by 1?iortgagee. ~ 14. I[ the--indebtednar secured hereby ia now or herraftet turther secured by chattel mortgaga. pleclges, contracts of ~ guar~nty, assignments of leasa, o~ other securitia, or it the premises hereby encumbered consisu of more than one pared, 3 Mortgagee may at its option exhaust any one or more of said securities and the security he~eunder, or such pareels o( the security ~ hereunde~, eithe~ concurrently or independently, and in such orde~ as it may determina 15. h'o delay by Mortgagee in exercising any right or remedy hereunder, or otherwise a[forded by law, shaU operatc a.~ a ~ waiver thereof or preclude the exercise thrreof duting the continuance of any defauit hereunder_ No wai~~er t~y Mortgagee of any default shall constitute a waiver of or conseet to subsequent defaults. ' 16. ~Without a(fecting the liability of any person( other than any person released punuant hereto) !or payment o( any ~ indebtedness secured hereby, and without affecting the priority or extent of the lien hereof upon any property not speciCcally } relcased punuant hereto, Mortgagee may at any time and trom time to time, without notice and without limitation as to an~ ~ tegal rigAt or privitege of Mortgag~e: (a) Relcase any person liable for payment of any indebtedneu secured hereby. (b) Extend the time or agree to alter the ternu of payment of any of the indebtedneu. (c) Accept addiciona! ucurity of any kind. (d) Retease any property securing the indebtedness. . ~ (e) Consent to the cr~ation of any easement on or ove~ the premises or any covenants ratricting use or occupancy thereof. ~ 17. Any agreement hereafter made by Mortgagor and Mortgagee pursuant to this mortgage shal! be sutxrior to the righcs ~ of the holder of any inten~ening lien or encumbrance. ~ 18. 1liorigagor hereby waives aU right of homatead exemption in the property subject to this mortgage. ~ 14. The covenants and agrtements herein contained shall bind and the bonefits and advantages shall inure to the rapective ~ heirs, executors, administraton, succrssors and assigns of the parties hcr~to. ~Yherever used, the singular number shall include the plural, the plural the singular, and the use of any gender shaU be applicable to all genden. All covenancs, agre~ments and underwkings shall be joint and u~eral. In the event additionat numbered covenants are for tom•cnience inserted in this mortgage following the lega) dacription, such additional covenants shall be read artd given etfect as though following this cover?ant in consecuti~e ordcr. ~r 20. An deficien in the amount of such ; Y cy aggregate monthly payment shall, unless made good by the 1lfortgagor prior to the due date of the next such payment, constitute ati event of default under this mortgage. At Aiortgagee's option, Mortgagor will s pay a"late charge" not exceeciing fow per centum (49'0) of any irutallment~when paid more than ~fteen (15) days after the due dau thoroof to covu the e:tra ezpense involved in handling ddinqurnt pa~7nents, but such "late chugd' s6a11 not be payaWe out of the proceods of aar sak made to satisEy the indebtedaess secured hereby, unless such proceeds arc auf~cient to discharge the en ' ; iqd~tedn~ . ~ _ ~ r• ' j •(G~Pp RATE f n#~~tness ~hereot the morlgagor has causetj thesa presenls to ~ r~~`~'~'" '~'C~• "~~AC?' Le executed in i~s name, and its co~porate sea~ to be hereunto nf/ixed, by tts . t?w~ ^ eo X: proper o~~icers thereunto ~Iuly Qut/~orizecj, the dny and year f irst above written. ~ , . ~ a . ~ ~ ~,j : ~ ~i ~ s-~.C~t. ~ ~,L i ~z~'~~.i~~ a~~uc~?r~.~~s_.~Q._~ax~~....~a--------....... r. S~~i,~ ~ L. At~rnsRSON sK.~ra~ ana - ~igne~, sealec~ ancl c~eliverecl in the pr sence o~: ~'ea$. - ~ t l•--~-~~~ . . c, By.._Yl/.-` - • - . - ~ - .,:~rl: - - - - . , , - C ~ ' ~II~LI~M ~~ND~I~ ' --Aresident ? ~ ; - . FI `0 v r~ EO i _ , _ - y~~! %r~7~~c~:. ?-QUltTY FCA. . . e --%----•--•----...-----•--------------r._~~. . lRdS f . ' ; ~ C! ' C'?UPT ~ 3 . i Auc 9 3 2s ~H'731~~ ~ ~ 26 046 } ~tate of ~ ~ounty of ST. . f NF.REBI' CFRTfFY ~hai on tlw d..y. b~Jwr me, on o/J~cer ddr w~lJ~o~ud ~n ~At S1oJs and Counlr %nsoid 10 !ab ocbww[~dg. I~ menfa. Panorwjry oppea~el ~ t~iilliam A. 11r?derson and Verna L. 7lnderson ~ ~ ~„rU 6~0,..~. ~o ~0 6~ el~~ P.~~~d.~r a,?d Secretasy, Treasurer ~~~r ro•p«w:~ ,~d d ~ mcvtqogor in ltir Jwvgoing instru.ne~l. ond Itiat t1~ey srnro~~r ac4nou~eaged execuling I~e snme, in 11~e pnxnq o~ I~w su6wi6ing ~ilnesses. ' ~ ~reelr and aro1~~lorilr uruler o~ibo~,~r d~fy tvsrrd in ll~rin 1ry soid corEwriuGon ona Il~al ll+e xuI af(iueJ tTurelo is 1?~e Irue corporole sen~ o( ~ xi~d co.Fwacion i t . # ~ ~VR:``f:SJ my ~ani~ nne~ o~~icio~ sea~ in I~e Cdutfy and Stale ~ast n~unwid t~is 7t}? daY o/ ALiC~UBt r ~ A D. t973 . ~•~°~,,•ri~~,., a j ti,;. ~ ~ ~ r'i, i E ~ . _ - , ~ , ~ , ~ v . 1:.~ ; ~ j ~ ; ~ . . ~ _ rr ~ . ~-.-.f , ..~~.E;.._...-------- ~ } `r j ~ ~ _ Notary ~ubl - t-- - ~ - ~ -7 ~ ~ NOT Y PUBLIC, State oi Floride at Large , My Commjssion Expires pecernbet 18. 1976 ~ ~ ~ ~ BondW Thry AUTO.pY11NER5 INBURANCE CQ • : - U R , . ~217 ~~.~3 ` _ - - - i ~~'+„z~-E'v_.,~~~_v~ _ ,...~rt,. 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