The URL can be used to link to this page

Home My WebLink About1736 IS. 1[ detault be made in payment, whea due, ot any indebtedn~ss secu~ed hereby, o~ in pertormance ot any of Mort- Saaor'~ obligatioas, covrnants o~ s~ccmet~t~ berrunder: (a) Mortgaacc is aut6orized it any time. wi~hout notice. in ita wle discretion to ente~ upon and take posuuioo o( the premius or ae~r put thercot, to per[orm anr ub Mort~aaee deeaa naessary or propes to rnnserve ehe ucuritr and to collect and receive aU ~eub, iaua aad p~a thereot, indudina those pau due as well as thou ucruina thereafter~ snd (b) Mo~taasce shaU be entided, as s matter af strict ri~ht and without regard to the ~alue or occupancy o( the securi~y. to have a receiver appointed w ente~ upon aad take posswio~ of the p~rmi:es, collect the rents and pmGb theretrom and apply the same as the eourt may derect. tuch receivcr to have a11 t6e righb and powus permitted under ehe law~ ot Fbrida. In eithe~ such case Mort~ee or the receiver may also take posxssion of, and for thae purpo~es use, any and aU personal property contaiaed in the premises aad used b~r Mortgagor in the rental or leuing thereot or anr part thereof. The expense (iucludins ~eceive~'s tees, cowuel tea, cosq aad agent't compensation) incurred punuant to the powea haein contai~ed shall be ~ecured hereby, Moctaasee shaU (a[ter payment oi aU caats aad expenses incurred) apply iuch rents, is~ua and pmfts received by it oa ehe incebtedneu saured 6crebr in suc6 osdu as Mortaagee determina. The right to enter and take pouession of said pmpertY, to mana6e and opcrate the sazne, aad to coUect the ra?b, issua and profits thereoi, whethe~ bp a receiver or otherwix, ~all be cumulative W anp other right or remedr Lertunder or a[[orded by law~ and msy be exercised concurrendy therewith or iadependentlr t6ereo[. Mortgagee shaU be liable to account onlr Eor such renb~ issup and profiu actuaUy received by Mortgagee. 14. If t6e indebtedneu secured hercby ia now or hereafter lurther secured by chattel mortgaga. pledga, corttncb of guuaaq. assianmrnb ot leases. or other securities, or if the premises henby encumbered rnnsists of morc than one parcel. Mortaasce mar at its option eahaust aar one or more of said securities and the security henunder, or such parceh ot the security 6ereuader, at!?er eoncurrrntly or independently, and in such order as it mar determine. 15. No delay by Mortgagee ia exercising any right or remtdy hereunder. or otherwise afforded by taw, shaU operate as a waiver thereof or preclude the ezetcise thereo[ during the continumce o( any default hereunder. No waiver by 1?tortgagee of anr default ahaU constitute a waiver of or co~uent to subsequent defaults. t6. Witlwut attectir~ the IiaM'lity ot anr person( other tha~ any penon released punuant hereto) tor paymeat of any indebtednas secured herebr~ and without ai[ecting the priority or extent of the lien hereof upon any pmperqr not speciticaUy ~deased pursuaat hereto, Mortgagee mar at any time and from time to time, without notice and without Gmitation as to any 1c6a1 right or privilege of Mortgagee: ~ (a) ReIease any person liable to~ payment of any indebtedness secured hereby. F~~ED ANO IIEC N ST. ROCE CPO TRAb~ ~ ~ (b) F~ctend the time or agree to atter the tertiu oE paymeet ot any of the indebtednas. (c) Accept additional security o( any kind. AECaR[~ VER f1E0 ~~R' (d) Release anr ProP~rh s~curing the ,nd~bt~a~,. 261490 ~ ' 42 ~`1'~~ (e) Conseat to the creation of any easemeat on or over the premises or any covrnants rptr~ ~ or occupancy thereof. 17. Anr agKemenc hereafter made by Mortgagor and Mortgagee punuant to this mortgage shall be superior to the rights - o[ the hotder of any intervrcning lien or encumbrance. 18. Mortgagor hereby waiva all right of 6omestead e:cmption in the property subject to this mortgage. 19. The co~enants and agrecments herein contained ahall bind and the bcnefib and advantages ahaA inure to the rapective hein, executoss, administratots, successors and assigas of the partia hereto. Wherever used, the ungulaz number slwll indude the plural, the plural the singular~ and the use of any geader shall be applicable to aU genders. All oovenants, agreements and undertakings s!?all be joint aad several. In the event additional numbered covenants are for convenieace inserted in this mottgage [otbwing tLe legal desctiptioQ, such additional covenants shall be read and givrn etfect as though foUowing this covenant in consccutive order. 20. An~ d~awc~ in the amoant of mch aggregate montlily payment shall, unless made good by the biortgagor prior w the due date of the nezt sucL paya~nt~ constitute an event of de(ault under this mortgage. At Mortgageds option, Mortgagor wilt Wr a"late chargd' not e~cceedin~f~ur per crntum (496) of any instalimrnt when paid awre tban fdtten (15) days after t6e ~ due date thereof to covcr tt?e estra l~pense involved in handling delinquent payments, but such "late chazgd' slull not be payabk out oE the proceec3s of any sale made to satisfy the indebtednas secured htreby, unltas such proceeds are sufficient to discharge the entire iadebtedneu. - ' IN WITNESS WHEREOF, the said Mongagor ~S'3~.SIS ~JLI~S ~dlia SGI'I.~I ~NN Ii~ULI~S~hiS W~6 - hcreunto set ~1 +E3~.L_ h~~ s and s~~1 t6e day and year t~st above written. ~ Si od and 'vered in, tLe presence of : - ~ , ~ ~ -'.c-~ ~C6C(.{~-~ 9 (ScwL) ; ~ ~ 1 , ~ ~ ~ i ~ ~ l ' ' l ~~L(SewL) ; STATE OF F RIDA _ ~ i COUNTY OF jpd~ ST: LUCIS f I, an ofCcer authoriud W take aclcnowledgments of detds according to t6e laws of the State of Florida, duly qu3lified and ~ ~ - ` xting, HEREBY CERTIFY that ~S'!~'SIS ~DUyI~ ~Ila SC'YZABS~i ~Nl~i F~'~JI'I''AS• h18 w~fe f ~ E ; to me penonally known, this day persouaUy appeued aad acknowledged before me t!?at ~eY executed the foregoing Mort- gage, and I FURTHER CERTIFY that I ktww the said peno~s making said ~clu~owledgment to be t6e individual s dacribed in and who exccuted the raid Mortgage. AND I FURTHER CERTIFY that said ELIZ~~.~'14~ ~NN ~DLR-TAS is known to me to be t6e v+ife of uid ~S~S~ and that s6e t6is day ul~nowkdged to and before me, uparately and apart from 6er said husband, that she executed the said Mortgage Deed for t6e nurpcun of renouncing aad relinqui~2eing 6er dowrr and right of dower and uparate estate in and to the lands therein dacribed, and that she rxecuted the same lreely and wluntarily and without compuluon, constraint, appre- - hension or [ear of or (rom her husband. IN WITNESS WHEREOF, I hereunto set my hand and otficial seaj.oN"""'~~~,,;d~1 QAi~,DI@nt~Otled said County ' and stac~, this 13th d,r ~ August ~';A,.~j~~~ ~~~'1 . ~ s~ - - ~ NOTARY PUBLIC. State ot Florida a,t Larg@ J,... =i:= My Commission Exp~res December 18, 1976 -.j`:. .G ' rida at Large l~ ~,(r ~~j~y~~ ~~~oaA Tbrr AUT0.0YYNERS INSURANCE CO , _ t~ . ~ + . O a ; ~ . . . ~ ~ ~ ~~.d~ ~~~K2i7 ~~1728 - . S~~ ~ ~ - ~ ~ _ . _ _ T