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Home My WebLink About0741 13. 1( default be madt in payment, when due. o[ any i~debtainess xcuc~d hete6y, or in pertormance o[ any of Mort- ; gsgor's obligations, co~~enants o~ ag~eeme~ti bereunder: ; (a) Mo~tgagee is autho~ized at any time~ without notice, in its sole discretion to e~ter upon and take pourssion of the d pcemius or any part thereot, to pe~[orm anr acq Mortgagee deems neceuary or prope~ to conurve the ucurity and to coDect and receive aq rents. iuua and pmfib thereoi. includir?6 thooe past due as well as those accruing therea[te~, and (b) Mortgagee ihall be entitled, as a matter of strict right and without rega~d to the ~•alue o~ occupancy of ~he ucurity, to have a receiver appointeci to enter upon and take possession of the premises, collect the rents and profits theretrom and appl~• the same as the court may direct, such reteiver to have all the rights and powen pe~nitted under the laws of Florida. ~ In eithcr such case Mortgagee or the reteiver may alao take possession of, and for these purposes use, any and all perwnal pmperty contained in the premius and used by Mortgagor in the rental or leasing thercof or any part thereof. The expeou (including receiver's (ees, counsel [ees, coats and agent'a comp~nsation) incurred punuant to the powers herein containcti! shall be secured hereby. Mortgagee shaU (atter paymeat of all coats and exp~nses incurred) apply such renb, issues and profits received by it on the indebtedncu secured hercby in suc6 order as Mortgagee determi~a. The right to enter and take possession of said property, to manage and operate the same, and to rnllat the renes, issua and protiq thercof, whether by a receiver or otherwise, shaU be cumulative to any other right or remedr hereunder or attorded by law, and may be e:ercixd concurrently therewith or independently thereof. Mortgagee shall be liable to account only for such rents, issues and profiu actually recei~~ed by Mortgagee. 14. If the indebtedness secured hereby is now or hereafter turther secured by chattel mortgaga, plalges, contracb- of guara~ty, assignments of leasa, or other xcuritiu, or it the premiscs hereby encumbe~ed consisn oE more than one parcel, Mortgagee may at iu option exhaust a~r one or more of said ucurities and t6e security hereunder, or such parcels o[ the security hereunder. either concurrently or independently, a~d in such order as it mar determine. 15. No dolay by Mortgagee in exercising any right or remedy hereunde~, or otherwise afforded by law, shaU operate as a wai~~er thereof or preclude the exercise thereot duri~g the continuance of any dofault hereunder. Ivo wai~•er by Mortgagee ot any default shaU constitute a•waiver of or consent to subsequent defaults. 16. Without at[ecting t6e liability of any person( other than any penon rcleased punuant hereto) for payment o[ any indebtedness secured hercby, and without affecting the priority or extent of the lien hereof upon any prope~ty not specifically released punuant hereto, Mortgagee may at any time and fro~n time to time, without notice and without limitation as to any lcgsl right or privilege of Mortgagee: FILEO AM~ F~~~RDEO $L ~UGIE C~UNT1? FLA. (a) Release aay pe~son liable for payment of any indebtedness secured hereby. ~~~~r 1RA5 c nF i . ; _ ;;:T GaURT ~ (b) Extend the time or agree to alter the temu of pay~ne~t of any of the indebtedness. r~ CL_` : ~ (c) Accept additional security of any k,nd. 264414 N (d) Release any property securing the indebtedness_ SEP Z~ ~~l (e) Consent to the creation of any easement on or over the premiscs or any.covenanu restricting use or cecupancy thereof. 17. Any agreement hcreaft~r made by Mortgagor and ~furtgagee pursuant to this mortgage shall be superior to the rights of the holder of any inten~ening lien or encumbrance. 18. Mongagor hereby waiva all right oi homestead ezemption in the property subject to this mortgage. 19_ The co~~enants and agreements herein contained shall bi~d and the benefits and advantages shall inun to the rapecti~•e heirs, executors, administrators, succuson and assigns ot the parties hereto. Where~•er used, the singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genden. All covenants, agreements and undertakings shall be joint and se~eral. In the event additional numbered covenants are for convenience inserted in this mortgage lollowing the legal description, such additional co~enanb shall be read and given eEfect as though following this covenant in consecutive order. 20. Aay d~ciency in the amount of such aggregate monthly payment shall, uriless made good by the Mortgagor prior to the due date of the aext sucb payment, constitute an event of default under this mortgage. At 1liortgagee's option, Mortgagor will ! pay a"late charge' not excceding four per crntum (4qo) oE any installment when paid more than fiftcen (15) days after the ~ due date thereof to rnver the extra expenx involved in handling delinyuent payments, but such "late charge" shall not be payable ~ out of the proceeds of any sale made to satisfy the indebtednas secured hereby, unleu such proceeds are sutiicient to discharge the ! entire indebtedness. i ~ I~I WITNESS WHEREOF, ~he said Mortgagoi@__-,~__~Ds._Browa and Suzaane Brown~_his i~1~fE 8 ~ hereunto xt ~Z. hand~_ and seaLS__ the day and year first above written. € - ~ ~ F Signed, sealed and delivered in the pt ence of : • ~ K ' ~ - _2. , ~i _~~$~1L) i ~ ~ ~ D. Browa ~ c~s _ , ~ ~ ~1 ~ ~ -~1~ ~ ~zt-rt~- --~s+ ' ~c: ($EAp1~+rT ~ . l1Z BYO'WLl N ,~rt c c o 'STA OF FLO DA ~ ~ ~ ~ cou:v~r~r oF ~S t . : ~ucie t~' ~ ~ ` c r; t ~ I~ an ofGcer authorized to take acknowledgments oE deeds according to the laws of the State oE Florida, duly q~[ied~dn'~~yc~ ~ ~ ~A ~z ` acting, HEREBY CERTIFY that FY nk D BYOt~II and Suzanne Brd~itl~ his wife ~ ~N~m ~ „ ~ so ~ ~ _ _w ~ ~ ~ to me personally known, this day penonally appeared and actnowledged before me that executed the foregoing Mort- ~ 3 gagq and I FURTHER CERTIFY that I know the said perwn$ making said acknowledgment to be the individualS _ described in and who executed the said Mortgage. ~ ~ AND I FURTHER CERTIFY that said SLanne Srown _ s: is known to me to be the wite oE said Fran~ D $rp{,~1~1 ' ~ and that she this day acluiowledged to and beforc me, separately and apart from her said huihand, that she executcd the said ~ Mort~age Deed (or t6e purpose of renouncing and rdinquishing her dower and right of dower and separate estatc in and ; to the lands therein described, and that she executed the same freely and voluntarily and without compulsion, constraint, appre- hension oi ~eat of or from her husband. `~~~„„~n~~~~. s ~ ~~jIt1T~, ul~1VESS WHEREOF, I hereunto set my hand and official ical at Fert PierCe _ said County ~ Au u8t A. D_, 19 73 ~ .aiii! St~e,,tl(is ~g9th day oE 8 ~ i v - ` ~ ~ ~ . ~i~ ~ ~ : , : o " 1~fiA7tv ~r'R3~~, ~e at ~ ~ ' ~ ~ ~,ry J_ Ftd?iQs a!t L~e ot lic ta e of orida at I.arge ~ ~y ~~~~y~~~~Qy Commission Expires December lA isz( ~li~n ! ~u UTO-OWNERS iNSI1RANCE CO. s: 0 - Q. ~ . ~ ~ • ~s ~ ' ~C 0 Q ; . BooK219 ~a~t 741 - eoo~219 ~ ~ - ~ _ - - ~~4 ~W _ _ _ _ . - ,