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13. 1( default be a?adc ia paya~ent~ when due, of any indebted~eu secured hereby, or in prr[o~mance ot any ot I?Iort- -
gagor i obligatio~u, mti~c~anb or sareemena 1?ereunder:
(a) ~ortgagee a authorued at anr time. without nodce, ia its wle disc~etion to ente~ upon and take pc~sstuion ot•thc i
premises or any part thereot. eo puto~n any acts Morcgasee deem• necess3ry or prope~ to conierve the security sr?d to collect ~
and receive all reaea; i~ua and protits thereo(; iactudiaa thoae past due aa weQ as ehou accruina the~ea[tec. and
(b) I?lortaaEee shal! be eatitled, as a matter oE strict risbt and without regard to the value or occupancy ot the security, ~
to have a receive~ appou?ted to eater upoa aad take pouessioa of the premises. coUect the nnts and profits thue[rom and apply
the same as the court mar direct, such meiver to 6ave all the righb and powers permitted under the laws ot Fbrida.
In either such cue Mortaa6ee or tbe meiver may a1~o take posseuion of, and to~ these purposes use, any and all perso~al
propertr contained 'a the prcmises and used bp Mortaagor io the rental or leasing thereof or any pa~t thereof. The expense
(includina receiver's fea, counsel [ees, costs and aaeut's eompensation) incumd pursuant to the powen herein contained shall ~
be secured heccby. Mortgaaee shaU (aEter payment of all cosa and espeasea iricurred) apply such rents, issus and proGt: received j
by it oa t6e iudcbtednen secured bereby in such otdv as Mortaa~ee determi~ea. The right to eater uid ta1~e possession of said
propertp, W mana6e and opente the aune, and to oollect the reats, iuues and proCts thercof, whether by a receiver or otherwise,
s6aU be cumulative w an~ other right or remedr hereunder or a[forded by iaw, and may be exercised concurrently thercwith
or indcpendently thereof. Mortgagee shaU be liable,~o account onlr for wch rents, issua and pro(its actually received br 1liortgagee.
14. If We iadebtednas secured 6ereby is raw or hereaft~r further secured by chattel mortgaga. pledges, contracts of .
guaranq. assi~z?ments of leue~ or othec securitin, or if the premises hereby encumbe~ed consists ot more than one parcel,
Mortgagee mar at its option exhaust anr one or maro o[ said securitia a~d the seturity hereundcr, or such parctts of the security
hereunder, eithn concurrrntly or independendy. and in such orde~ as it may determine.
15. No delay br Mortgagce in ezercising any right or rcmedy hercunder, or otherwise a([orded by law, shaU operate as a
waiver thereo[ or preclude t6e exetcise thereof during the continuance of any default hereunder. I~o wai~•er by Mortgagee of any
de[ault shaU corotitute a waiver of or consent to subaequcnt defaults_
16. Without atferting the liablity of any person( other than any p~non rcleased punuant htreto) for payment of any
indebtednrss secured bereby, and without a,~[ecting the priority or eztent of the lien 6ereo[ upon a~y property not speciCcally
relcased punuant 6ereto. Mortgagee may at any time and from time to time, without notice and without limiwtion as to an~
legal right or prnzlege of Mortgagee:
(a) Release any person liabte for payment of any indebtedness secured hereby. ~
(b) Extrnd tGe time or agree to aiter the terms of payment of any of the indebtedness.
(c) Acccpt additional security of any kind.
(d) Rekase aay property securing the indebtedness.
(e) Consent to the creation of any ~asemeat on or over the premises or any covenants ratricting use or occupancy lhereof.
17. Any agrcea?ent hcreafter made bq Mortgagor and Mortgagee pursuant to thu mortgage shall be superior to the rights
of the hotder oi anq intenrning lirn or rncumbrance.
18. 1liortgagor hueby wai~-a all right of homatead exemption in the property subject to this rnortgage.
19. The covenants and agreements herein contained shall bind and the benJts and advantaga shall iaure to the tapective ~
hurs, ezecutors, administrators, succason and auigns of the partia hereto. Wh~re~er used, the singular number shall include •
the plural, the plural the ungular, and the use of anr geader shall be applicable to atl grnders_ All covenants, agrcements and
undertakings :haU be joint and several. In t6e event additional numbered covenanu are for convenience inserted in this mortgage
fotbwing the legal dcscriptioa, such additioaal cotienants shall be read and givon e[fect as though foUowing this covenant in
consecutive o~rd4r.
-2U. Anr -~d'uiency in the amount of such aggregate montWy payment shall, unlas made good by the I~fortgagor prior to
~e~dde•da~e of the_nact sucb payment, constitute an evmt of default under this uwrtgage. At Mongagee's opiion, Mortgagor will
y~i~tY~Q! tb~r~' not acceeding four per eentum (4~Yo) of anq instaliment when paid more than fitt~ea (15) days aiter the
'~te d~s~0?~eof-,to tover the actn a~penx ~nwhed in ha~dling delinquent payments, but such "late chargd' shall not be payablr
ouC of t~ prq~eds o[ any sale made to utisfy the indebtednrss secured hereby, unlas such proceeds arc sufficient to discharge the '
entire udebte~sas_
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. ~ ~ ~~'f ~ (CORPORATE ~n ~~of the mortgagor has cnused these presenls to
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' ` v SEAL) 6e executed in ils name, anc~ its rnrpornte seal to be hereunto a~~ixed. 6y ~es
' +":;Y` ~ ti proper oJ(icers t~iereunto cjuly nul{~orizec~, the c~aq and year fint aliove u~ritten. -
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~rrESr: L=-- .~z.~?d..~~._~a..r~a~?±~~s.._~~~.._....__.
~ VBRI~ L. ANDSR90N SKm~ a~
' Signed, sealed nnd delivered 'n e presence o~.~eas. _ ~
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BY-
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` ~-i'v.,L_- - - President
f • 1+lILLIAM l1. AND8R90N
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' ~-~°---=_-------'~--~~~t..:= -=fRE-:>-%-'~~-r~CO~c'JED
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' . /T ~ - S7.lJVL~ VOJNTY FLA.
' p...;: ~ ~ ~~'~AS
' CL'._~ , :~1, ~ CCURT
~Ff.r; .~v .
QI1G y 3 42 ~N'~3r
~~ate of 2 ~~~2
~ounty of ST. -
~ 1 HEREBY CERTIFY 1Mt on l6is da~. b~Jon m~. on o(~icer dulr aulh«ined in tl~e Sla~~ ond Coru+~r oJor~soid b IaLt ac4no~rltdg-
°t"~~' ~lf lliam l~. 1?nderson and Verna L. l?nderson
qYlt t.~.„~.. ~o ~ ~0 6. J~. P.~d.~ a.~d Secretary, Treasurer n~~ir d~?~~ ~d o,
i nro.t3~yor in lj:e ~orrgoiny inslnuwenl. or~ t~ol I~iey s~orro~ly oc~v+o+u~edged uetalin9 ltie some. in pnunce of I~uo w6fai6ing u+ilnrsses.
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~ ?reelv a.~d roi~.ntanl~ under outJ~wt~r d`u(~' w~a+l~^~L~1rjj~b~ sa~•~ort'°'°~an and thal t1~e xd a/(iued tl~t~eto ts ~iw ~n.e corpwo~e seol o~
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soi r`~o~pwation•SS ,wr ~and ond ,~IK~a1.'s~ in l~e
~C~7'~~ Jlde ~asl olonxw~ tRi7 7trl doY o~ ~11C]118t
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~ f~~•...~a~ NOtary R1~i~ARY PU tate of Fiorida at La~
i( r S--,,~ ~ My Commission Ezpi~es OecemGer 18, 1976 !
N ` o~n.:t•Tw•••~UTO.OWNLRS iNSUeA':Cf C0.
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