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Home My WebLink About0020 ~ i 13. lf defsult be made in payment, when due, o[ a~y indebtcclness stcu~ed hereby, or io performance oi any of I~iott- gagoi s obligationa, covensnta or agreements hereunder: (a) Mortgagee is authorized at any time, witAout notice, in its sole diuretion to enter upon and take posseuion ot ehe premius o~ any psrt thercof~ to pedorm any acb Moctgagee deems ~eceuary or prope~ to conserve the security and to collect and receive all rents, iuua and profib thereoi, iacluding those past due as well as those accruing therea[ter. and (b) Mortgagee shall be entitled, as a matter of strict right and without regard to the value or occupancy o[ the ucurity, to have a receiver appointed to enter upo~ and take pt?sseuion of the premises, collect ?he rents and profiu therefrom and apply the same ~ the court may direct, such receiver to have all the righb and powea pennitted under the laws ot Florida. In either such cau I?iortgagee or the receive~ may alw take pouession of, and [or these purposa use, any and aq perwnal property contain~d in the premises and used by Mortgagor in the ~ental or leasing thereot or any part thereof. The expense (i~cluding receivers [ees, rnunsel (ees. cosb and agent's compensation) incutred punuant to the powers hetein contained shall be securcd hereby. I~tortgagee shall (after payment of all costs and expenses incu~red) apply such renu, issun and proGts received by it on the indebtedneu secured hereby in such order as Mortgagee determirtes. The right to enter and take possession of said property, to manage and operate the same, and to collect the rents, iuun and protits thereof, whether by a receiver or otherwise, shaU be cumulative to any othe~ right o~ remedy hereunder or a(forded by law, and may be exercised concu~rently thercwith , or independently ehereof. Mortgagee shall be liable to account only [or such renb, issues and protits actually receivcd by Mortgagee. 14. If the indebtedneu secured her~by is now or hereatter further secured by chattel mortgaga, pledga. coatracts of guaranty, auignments of leasa, or other securitia, or if the premisa hereby encumbered consists of cnon than one parcel, I1lortgagee.may at its option exhaust any one or more ot said securitia and the security hereunder, or such parcds of the iecurity hercunder, either rnncurrently or ir?dependently, a~d in such order as it may determine_ 15. No delay by Mortgagee in exercising any right or remedy hereunder, or otherwise a(forded by law, shall operate as a wai~~er thereof or preclude the exercise thereof during the continuance of any de(ault hereunder. I\o wai~•er by Mortgagee of any default shall constitute a waivcr of or consent to subaequent de(aults. 16. ~Yithout a(fecting the liability of any person( other than any penon rcleased punuant hercto) [or payment of any indebtednas secured hereby, and without aI[ecting the priority or extent of the lien hereoi upon any property not speciCcally released pursuant hereto. Mortgagee may at any time and from time to time, without notice and without limitation as to anp legal right or pri~•ilege of Mortgagee: f~~Ep qycl F.~coROEo St.IU~tE C~UliTY FLA. (a) Release any penon liable tor payment ot any indebtcdncss secured hereby. RflGiF ~'~'T~AS (b) Extend the time or agree to alter the terms of payment oE any of the i~debtedness. Cl.«F• •~'~~T G~URT t ~ Prrr: . :F. =4 (c) Accept additional security of any kind. ~ u (d) Release any property securing the ;~d~b~~n~. 264414 $EP 25 L Q~ ~~1 (e) Consent to the cr~ation of any easement on or over the premises or any covenanu ratricting use or occupancy thereof. 17. Any agreement hereaiter made by Mortgagor and hiortgagee punuant to thu mortgage shall be supcrior to the righu of the holder of any intervening lien or encumbrance. 18_ Mongagor hereby waiva all right of homatead exemption in the property subject to this mortgage. 19. The co~•enants and agreements herein contained shall bind and the benefits a~d advantages shall inure to the rapective heirs, executon, administrators, sncccuors and assigns of the parties hereto. Where~•er used, the singular number shall i~clude the plural, the plural the singular, and the use of any gender shall be applicable to all gtnden. All covena~ts, agreements and undertakings shall be joint and se~eral. In the event additional numbered covenants are for com~enience inserted in this mortgage following the legal dacription, such additional covenants shall be read and given effect as though following this cove~ant in conucutive order. 20. Any deficiency in the amount of such aggregate monthly payment shall,. unleu made good by the 111ortgagor prior to the due date of t6e next suc6 payment, comtitute an event of default under thu mortgage. At Mortgagee's option, Mortgagor will pay a`9ate charge' not e:ceeding four per centum (4%) of any installment when paid more than Cftetn (15) days after the due date thereof to mver the exva expense involved in handling delinquent payments, but such "late charge" shall not be payable i out of the proceeds of any sale made to satisfy the indebtedness secured hereby, unlas such praeeds are suf6cient to discharge the entire indebtednas. i E. ~ Iti WITNESS WHEREOF, the said Mortgago~-, ~~D~BrOW[t and Suzanae BrOWCIs hi8 w~f@ ~ hereunto set ~~L hand~- and seal~- the day and year first above written. ~ Signed, sealed and delivered in the. prssence of : ' - ~ "~7 _ ~ - ,2 ~ . ~SEAL~ ~ ~ ) D. Brown ~ ~ ~ ~7'l/ _ 2 ~c~v`~" (Sew~) ~ -STA OF FLO DA . uZ BYOWn ~ ~ cOUNTY OF $DC~S t . : ~ucie ~ I, an of6cer authorized to take acknowledgments of deeds according to the laws of the State o( Florida, duly qualified and ~ ~ acc;ng, HEREBY CERTIFY cha~ Frank D_ Erown and Suzanne Brown~ his wife ~ ~ ~ to me personally known, this day penonally appeared and acknowledged before me that exccuted the foregoing 1liort- ~ gage, and I FURTHER CERTIF~' that I know the said perso~ S making said acknowlcdgme~t to be the individuaiS ` dacribed in and who executcd the said Mortgaga AND I FURTHER CERTIFY that said SL~anne grnvn ~ is known to me to be the wife o( said Fr~k D. BLOW[1 and that she this day acknowicdged to and before me, separately and apart from her said 6usband, that she executed the said Mortaage Deed for the p~~rpos~ of renouncing and relinquishing her dower and right of dower and uparate estate in and to the IaAds ;therein dacribed, and that she executed the same freely and voluntarily and without compulsion, constraint, appre- hension oi~ Je~ of or from her husband. ~ ,``'~~~~~~~Il~rf~i f ~:r ; ~~'~j. uI~VESS WHEREOF, I hereunto ut my hand and of6cial ual at Fnrt PieY'Ce said County ~ . . and St~e, ~IHs th day oE Augu S t A. D., 19 73 . ? `y - r V ~ ~ /j : f- _ ~ ~ ~ , ~ o ~~'A~tY ~~L~fL', ~ at F - w Q• L'rl = ~It L~e ot lic [a e oi orida at Large ~ ~y ~mra~si~lnrxRu~~~eammisuioo-ow„e s NSl RA•b ereoR 1Q76 s; ~ • - ,;j'•;;...`•,*,''• O R . . E~x219 ~ 20 ryx~ ~ _ _ } ~ ~ ~ ~.,~sa _ Yvu_:_._ , . _7, _Y