HomeMy WebLinkAbout1450 ~
~
l3. 1f detault be made ia payment, whea due. of any indebtedncs~ ucured hereby, or in pe~iormance o[ any o[ Mort- ~
gagoi • obligations, covcnanb or ag~eemenu hereuadu:
(a) Mortgasee u authorued at any time, witliout notice, in its wle diuretion to enter upon and take poueision ot the
premisd o~ any put thereot, to pertornn u?p scb Mortaasee deuw neccsury or prope~ to conserve the secudqr and to collat
and receive all reats. is~ua and pro~n thereof, includit?a thore patt due as weU as thae ucruina thereafter, and .
(b) Mo~t~ee shaU be entided. at a taatter o[ mict riaht and without regard to the value or occupancy ot the security.
to have a receiver appou?ted to mte~ upoa and take possasio~ ot the p~emises, collect t6e rents and pmGu therefrom and apply ~
the ume as the court may direct, such receiver to 6ave all the riahq and powers permitted unde~ the lavin of Fbrida.
Ia either such cau Mort~ee ot t6e receivec may abo take poasea~ion o(. and for thae purposes use. any and all penonal
property rnntained in the premisa and used by Moctgagor in the rental or leasing thereot_ or any part thereof. The ezpcnse
(iacluding receiver'~ tea. counul tea, cosb and saent'i compenutioa) incurred punuant to the powen herein contained ihaU
be secured herebp. Mortgaaee ihaU (a(ter p~yment of all cosq and expenses incurred) apply ~uch renb. issuea and proGts received
by it on the indebtednas ~ecured hereby in sucb order a~ Mortaagee determina. Tha right to enter and take pouession of said
property, to maaage and opente the sune, aad w coUect t!?e rents, isiua aad proCu thereof, whether br a receiver or otherwise,
shall be cumuladve W anr othet right or remedy hereunder or a(forded by law. and may be execcised concurrendy therewith
or independeatly thenof. Mortgagee s6a11 be liable to accouat only to~ such renq, wua and proGts actuallr received by Mort6agee.
14. IE the indebtedn~ss secured hereby is now or henatte~ further aecured by chattel mortaaga. pledga, contracts ot
guaraaty~ as:ignments oi leua, or othec tecuritia. or if the premises herebp encumbercd coosists of more than one parcd,
I~iortgagee may at ia option e~chaust any one or more o[ uid securitia and the aecurity hereunder; or such parcels of the security
hereunde~, either concurrently or independently, and in such order as it may determine.
IS. No delay b~r Mortgagee in uercising any right or remedy hereunder, or otherwise af[orded br law, shall opente as a
waiver thereof or predude the exercise thereof during the continuance of any default henunder. No waiver by Mortgagee oi any
de(ault shaU constitute a waiver ot or rnnsent to sub~equrnt defaults.
16. Without a[[ecting the liability of any penon( other than any person released punuant hereto) for paymeat of any
indebtedness secured her~br. and without af[ecting the priority or e:trnt of the lirn hereof upon any pmperqr not specifically
rdeased punuant hereto. Mortsagee may at any time and from time to time, without notice and without limitation as to any
legal right or privilege of Mortgagee:
(a) Rdease any penon liable for p~yment of any indebtednas secured hereby_ .
(b) Extend the time or agree to alter the ternas of paymrnt of any of the indebtedness. ~
(c) Accept additioaal security of any kind. .
(d) Releax anr property securing the indebtedaw.
i (e} Consent to the creation of any easement on or over the premises or any covenants ratricting use or occupancy thereof.
I I7. Any agreement hereafter made by Mortgagor aad I?iortgagee pursuant to thu'tnortgage shaU be superior to the righu
f of the holder of any intervening lien or mcumbrance.
~ _
18. biortgagor hereby waiva all right of homatwd ezemption in the property subject to this mortgage.
19. The covenants and agreements hueia contained shall bind and the beneGts and advantaga shall inute to the rapective
hcirs, executon, administrators, :uccasors and auigns of the pareies hercto. Where~er used, the aingular number stwll include
the plural, the plural t6e singular, and the use of any gender shall be applicable to aU genders. All aovenanb, agrecmenb and
undertakings shall be joiat and several. In the evrnt additional ~umbercd covenants are for convenience inserted in this mortBaSe
folbwing the legal description~ such additional covenanb shall be read and given effect as though tollowing thia covenant in
consecutive ordv.
20. M7 d~ciency in the awount of such aggregate monthly payment shaU, unleu made good by the Mortgagor prior to
the due date of the next such payment, constitute aa rva?t of default under this awrtgage. At Mortgagee's option, Mortgagor will
pay a"late chargd' not n~ceeding four per centum (496) of any imtallmrnt when paid more than fiftcen (15) days atter the
due date thereof to cover:the eztra acpense involved in handling delinquent pzymenb, but suc6 "late chargd' s6all not be payable
ouc of ehe Dro~eeds~a~ ~r~sale made w sa~;sfr the indebcedn~ secured hereby, unless such proceeds arc suf~cicnt to discharge the ~
entire indebtedpei's. - ~
• l1~„v'',e~. --'-Kr- , ~
~ ~n ~~tness ~thereof the morfgagor ~as cnused t~iese presenb to
* I ' - (COR!'QRATE
~ ~ ~ 1ERL) . 6e executed in its name, ane{ its corporate sea~ !o be hereunto n~~ixed. 6y its 'y
~ •
proper oJJicers thereunto duly authorizcd, the dny nnd yenr f
irst above writlen.
~ ~ . ~ ~t. \ ~
~ ' ~
, ; . ' .t~
A-~'~-: =~::7
=:(~tc- y c•~, c2 AI!~RIGN I~lOil~Iffi AND MOIt'1'C~1GS t.. INC. ;
;
~ ~ VBRN~ L. APIDBRSON S~~.n and
Signetl, sea~ecl and de~iverec~ in [{ie presence o( ~eas . . ^ ;
„ _ /f ~ '
-
I ~~i~- ` Y----------------- _ .
~ ~ ~ B
~ ' / '
~ .e~ ~ .x.~'r=•'•'C l~NDSRSOI~I Pres~dent
r t~sz.~.U~
; ,
~-(~r -~-+--=c--•=Fil'-~-k~_ ::LCOR~EO
- J~.'.-.(_._.- - -t:.-.._._._
; Sf. ~u~;~ ;;;~N?Y fLA. F~LEO ANO RECORQED ~
' ' f o0(,: r s i~T~4s ~T. WCIE COUNTr fLA.
~ qOCER P~ITRAi ~ : ,
; ~ CLE~:?: •~lt~ COURT CIERK ~!~~UtT COURT ~
p~r.o~c:: ~r~~ :o__..~,L REC~AOVEf:;FIED
Auc ~ 3 PH'73 ' ~
puc t3 .2 3v PN ~3
~ ~tate of
` ~oun of ST. Lo~~ ~ 61Q44 26128s ~i
; ~J
; 1 HEREBY CERTIFY dw~ o.~ ilw dar. 6.(~ .~r. a. oJJ~n. ddr o~~r~~d ~ ~l~. Sae. oad Co„~er aJonsad to io1. ~o~L~o.~[.dy- F
~ rnenls. D~rwr~l~Y aPpsanJ ~ f
~ William Anderson anc] Verna L. Anderson
~ ~N Lno~ ~ ~a b~ ~ ,~........,,P~f~d.M ~d Secretary, Treasurer ?~natr ~J ro.~~ ~~d ~
~ • • `
mo?t~gw in t~e ~wryanp irRlru~neel. antt'.f~at f~ary seor~~r nc~nouae~ged t~eculinp I~e same. tn I~e prrunte o~ tua tudso~6ing u+il~saes.
~ In.l. a~d ~L.,~m.Jy wiFw~:ir _JulyJ i~. d~m 6r ,o~d ~o.~r~ w+d ~I~ai uol oJl~~d i1..n~o u d~e w. co.po.ar. ~eal oI
~ soid ca.po.al;on. ' ; : ~ ~ i :
~ ~VRNE~S ~r:la.~d:o~d~o(1~~a1 mt i6:eA.=Counry ond S~o~~ la~ o/~~d J~~, 7th d°r °J August
~ A. D. ~9 73 " ~ ~ _ - . - ~$QOK~~ ~if~~
~ ~ . ~1 ~ • , 1
. NOTARY PUBLIC,'Sta1e of Florlda at Large - ' ~
~
~1 'My 0ori~irtM3ion ~xpKes December 18. 1976- / , ~
~ R eonGaO T~rr AUTO.OWNERd INSURARCE C0. G l•~~! L`~
~'.'.L:
~ so~~2~.7 PAGEi442 ~tan'~~~~~-,
~ . r
a - - . - ~ - _
, _ ss=„^, ~ n
. _ - a~6= S 4aY+'~^4
~.~"fy. ~ . _ ...ra-_~. ~~~a~