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Home My WebLink About1144 13. 1[ de(ault be msde ip pa~~nent, when due, ot anr indebtcdnes~ sccured hereby, or i~ pe~lormance oI any of I11ort- gagoi t obligationa, covenants or agreemenu he~eunder: (a) Mortgagce iu authorized at utr titae~ without notice, ia its wle dixretion to ente~ upon and take possession ot the prenuxs or aay part thereof~ to pedorai anr uq Mortgaaee deenu neccs~ary or propcr to conurve the secu~ity and to collat and recrive all nnts, issua and pro[in thereof, includins thou past due as weU at those accruina thereafter~ and (b) Mortgagee shzU be entided, as a matte~ oE ttrict right and without regud to the value or occupancy of the ucurity. to have a receive~ appointed to enter upon and take poasession of the prcmisu, coltect the renu and profits therctrom and apply the same as the court rrwy direct, iuc6 receive~ to 6ave all the rigAn and powers permitted under the Iaws ot Ftorida. I~ either such cau Mortgagee or the receiver may al~o take posscssion o[, and Ior these purposea we. any and all penonal prope~ty rnntained in the ~p~emises and used by Mortgagor in tAe renta! or leasina thereof or any part thereof. 1'he expe~se (including recoiver's tees, counsel tea, coaq and aaeut's compen~atioa) incurred punuant to the powen herein contained shall be secured hereby. I?iortgagee shall (after paymrnt of all coaq utd expenses incumd) apply such renb. iuua and profts recei~•ed by it on the indebtedncu securcd he~ebr in such order at Mortgagee detemnina. The right to enter and take posseuion of uid property, to manage and ope~ate the aame, artd to collect Lhe renb. issues and profits tl~ereoJ, whether by a recei~•er or othen,riu, shall be cumulative to any other right or remedy hereunder or af[orded by law, and mar be exercised concureently therewith or i~dependeatly thereof. Mortgagee shall be liable to account only for such rents, iuua and profits actuaUy received by Mortgagee. 14. If the indebtedneu stcured hereby is now or hereafter further secured by chattel mortgaga, pltdga, cont~acts of guaranty, assignments of leasa, or other securitia, or if the premises hereby encumbered consists of more tAan one parcel, biortgagee may at its option exhaust any one or morr of aaid xcuritia and the security 6ereunder, or such parcels ot the sccurity hereunder, either concurrently or independe~tly, and in such order as it may determine. 15. No dday by Mortgagee in exercising anr right or remedy he~eunder, or otherwise afforded by law, shall operate as a wuver thereo( or preclude the exercise thereof during the continuance of any default hercunder. Ko wai~•er by Mortgagee o( any default shall constitute a wai~•er of or conunt to subsequent de(auits. 16, Without a[fecting the liability of any person( other than a~y person released punuant hereto) tor payment o[ any indcbtedaess secured hereby, and without alEectirtg the priority or ext~nt of 1he lien hereof upon any property not speciCcally rcleascd punuant hereto, Mortgagee may at aay timc and from time to time, without notice and without limitatio~ as to any Iegal right or pri~~lege of Mortgagee: (a) Release any penon liable for payment ot any indebtednas secured hercby_ (b) Extend the time or agree to alter the terms ot payment of any of the indebtedneu. (c) Accept additiopal security of any kind. (d) Release any property securing the indebtednas. (e) Consent to the creation of any eaxment on or over the prcmises or any covenants restricting use or occupancy thereof. 17, Any agreement hereafter made by Mortgagor and Mortgagee punuant to chu mortgage shall be superior to the rights of the holder of any intervening lien or encumbrance. 18_ Mortgagor hereby waiva all right o( homestead ntemption in t6e pmpe~ty subject to this mortgage. 19_ The covenants and agreements herrin contained shall bind and the benefits and advantages shall inure to the respective heirs, executon, administrators, succusors and assigns of the pa~tiu hereto. Wherec•er uud, the singular numbu s~all inelade the plural, the plural the singular, and the use of at~y gender shall be applicable to all genden. All covenanb, agreem~nts and undertakings shall be joint and se~~eral. In the event additiona] numbered covenants are tor convenience inserted in this mortgage following the Icgal dacription, such additional covenants shall be read and given e[fect as though foUowing t&is covonant in consecutive order. 20. Any deficiency in the amount of such aggregate monthly payment shall, unlas made good by the 14iortgagor prior to ttte due date of the aeat such payment, constitute an event of default under this mortgage. At Mortgagee's option, Mortgagor will pay a°late c6argd' not ezceeding four pcr centum (49~0) of any installm~nt when paid more than 6fteen (IS) days after the due date thereof to cover the extra expense involved in handiing delinqucnt paymeats, but wc6 "late charge" shall not be payable out qj thc proceeds of any sale made to satisfy the indebtednas secured hereby, unlas wch ptoceeds are sufficient to discharge the entin~igdebtedncss. • . ~ • ~ J` ' ' ~ ~ ? ~ 1 , ~ • ~ ~ ~ .,~,(CORPORATE ~n ~~tness ~lhereaf the mortc~agor has caused these presents to I~' . StAi.) be executed in its name, and its corpornte seal !o be hereureto n~~ixed. by ils ! I • h # { ' proper o~~icers thereunto cluly aut{~orizetj, the c~ay anc~ yenr ~int aboue u~ritten. ' t' • , . ! , ~ : ~ i ~ a`r~11'~'ES"C: :~?:%-`a-`=--•----•---~,.C :•~t: 4f"~~- AMSRtGN HOMffi AND lAQRTC~i~GB, INC. ~ ; - T+• ~D$~N $rcrttary ~1C~ Signe sealecl anc~ cleliuer Treas. ~ ~ d. cc~ in the presence o~_ I --G•-- ~ ByWII,I.I11~! A. AI~IDBRSON~ - - ~ ~ President ! - " ' , , . , . ~ `~``~~:{:~.?,:t.~~..~ t~-~'. . E . • - ' ~ FILEG 1!~i: ~EC^R9ED • : ST.lUC1C :;~JyIT FlA. ; FiuC=~; :,IT~~S CL.;i~: :.:~1; i,OURt orr•~^- - c}~~ ~t~te of Auc y 3 4 gH'13 ~ ~ounty of ST. 2 ~.QS4 ~ t Hf:RF_BY CER77FY ibat o~ ~i~;, .br. 6./0.~ ~ o/Ji~. d~.[y w~el~w~ud il~ Sioie o~d Co~rr oJo~sdd ro rol~. oc4~oWi.de_ .rKnl:. pe.sorw[fy onvaa.erl 1filf.~ 11• Atiderson and Verna L. 1lnderson ; ~ ~ ,.~~..r,, t . { 4ell Ln04~~ ~o ~ ro Ix ,IK,. . _~Rnsi~?P~ ~d Secretary, Treasurer n,~,K~,~ir ~j ~,?vao~~ ?w~d w ~ ~ ~ mortgag~r in t~~ ~oreyoing,~nsln~m~nl. and l~ot I~s7I•~vera~~y ac~nou~e~g~ ~cscWinq Ihe sam~. in t~e preaencs o' l4p SUd7L1~~ring u~ilnesfes. y ` /reely and uolunlanly ur~ar uW~ori%jr duly'wsf~;rt t1~em 6y said corporatio~ ond 11~w II~e seol o)~ixed ~tl~ereto is Il?s Irue eorporde seol of 5 s.rid co•po.at~on c : _ 4 , • • : i - : . - _ ` S ~ ~VR~`FCC my ~und.:nnc~ o~(ic~ si~~ in µe 'Counly nnd $lalr ~ost nJontaid t~s do7 oj ~1~qtlSt - ' A. D. I9 'J3 • .r ~ 1• - 0 ~I 4 ~ ' ~ ~ i ~ N~TARY PUBLIG, State ot Fbride at Large / : ' My Commissiol? Expires Oecember 18. 197b ----.._!.1_. --~'~c~...--••-••-•-•--••••-- i Bon4iA Tbru AUTO.OWNERa INSURAtiCE CO. ~taY~/ ~2b C - - - : . - ~ ~ ~ - ~ , ~r~v~~