HomeMy WebLinkAbout1391 14. lt the indebtecinee~v ssNCUnrI heroby is now ur heresft~r turther necun?d by ohsttel niorl~ages, aeourity inteceetnrq~ .
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ooatrncW of uarsnty. sa~i~~aientu ot Ica~c~s. or othee xeouritiEx+. or it Ihe preauaes hewby onoumbered ounaixta of mo~re than
oue psrcel, :~~urt{~ugve n~sy at ita uption wchsubt sny one or more ot said seaurit+es ~?nd wourity hereunder, ot suah paroela ~
ot tQe seourity hereuadar. oither ooneunenUy or independeotVr, and in suoh or~let as it me~y dete~min~
16. Upon~equeat d Mo~~ag~or, Mort~ee m~yr. ~L ita eole option. irom time to tuae before tull p~yment ot ~11 indebted-
nesa aeoured hereb~r. make further advanoes Lo MortQs~or: provided, howaver. th~t the total prineipal aeaured hereb wd romain-
iag unp~id. indudra~ w~! suoh ~dv~oea, shaU not ~?t aoy Lme exoeed the~~ prinoip~l sum eeoured heeeby. ~ort~a~or eh~ll
~eaute and deliver w Mor~g~s ~ not~e evideaoing a~oh r?nd every ~uoh fiuthec ~?dvanoe ~+hioh Mo~tg~ee uw? m~1ca suoh
aoce to be p.yable oa or before m~tusit3? of ths indebtedne~s seoured heraby and to oontain auoh tarms as MortB~gee sL~11
requirs, Mortg~gor sh~ll p~v sU suoh turther advsooes with interesR ~ad the Mnae~ ~nd e~o6 note evidenan~ the asme. ahull
be aeoured 6eceby. Al! proviaions of thie wortB+Be ahall~ ~pply W e~oh turt.har advanoe as weU as to aII ot ~er indebt~ednees
seoured hereby. Not,Ling bereii? aoataiaed. however. sh~ll limit the amount aeoured by tl~i~ mortg~,ge d suoh amount u
inarereed bp advwoes made by MortgaQee. ~s herein ~sewhere provided tor to proteot the seoutity. The word "Mortga~or"
ae used ia this pangrsph. iaaluder any suooessor ia o~vnersbip oi !6e premi~es.
16. No delay by Mortga~ee u? eueroiaing any ri~ht or remedy hereunder. or othenvise atrorded by bw. shaU operate e~s a :
~raiv~ L6ereol orpreolude the eseroise thereo[ dunng the oontiauanoe ot aay detault hereunder. No w~~iver by M~rtgagee }
ot any detault shaII oonatitute w~?iver ot or oonsent to su~ ueat det~ults. No twilure of Mortgagee t~o execoise aqy opUon
herein aivea to a~welante a?aturity of the debt hereby seoured. ao forbearmoe b_y Mortgagee betore or ~ttar the ezerase of
suoh option aud ao withdn~ral or abandonment ot forealoaure prooeedings by M~~~gagee ahsll be Laken or ounstrued as s ;
rvaivet ot ite rigLt to sxeroi~e suoh option or to aooelents the uuturity of the debt hereby seaured by rea~wn o[ au~v psat. ~
pre~ent or luture detaul0 on the part of Mortgagoe; snd, ia like manner. the proauremeat of inauranoe or thep~y ment of tsxes ~
or othe~r lieas or ah~?rgen by Mortgagee ahall nut be tsken or oonatrued as s waiv~ ot its right to sooeler~te the maturity ot :
the debt hereby sec~ied.
17. Without sfieot~g the liability o[ Mortgsgor or ar?y other ~von (eaoept sny pergon expressly relessed in writing) tor
pspmeat of any indebtednesa secured hereby or tor pertormsnoe any obligation vontaiacxi herein. sad ~rit6out sfteotiag the
ng[~ts of Mortgagee ~vith tespeot to sny aeourity not ex~~y relessed in writing. Mortgagee msy. at any time sad from time
to time. eithet betore or atter the msturity of said note.- sn~ without notioe or oonsent:
(s) Relesse any pereon lisble !or payment of sil or any part ot tbe iadebtedness or for per[ormanoe ot sny oWigation.
(b) Make sny agreement e~ctending the time vr otherwise slteriog the terms otps
y-ment ot all or sny part ot the
indebtedness, or moditying or waiving any obligstioa, or subordinsting. modifying or otherwise desling with the
lien or oharge hereot.
(o) Exeroise or retrsin from exercising or waive sqy righL l~iortgagee may hsve. .
(d) Aooept additionsl seourity of sny kind.
(e) Relaaae or otherwise deal veith any property, resl or peisonal, seauring t6e indebtedness, inoluding all or s~• part
at t6e groperty moct8aeed hereby.
18. Aay agreement here~tter msde by Mortgag~or snd Mortgagee purawnt to this mortgage shaU be superior to ihe righte ot
the holder of aqy intervening fien or enoumbrsnoe.
18. Mortgagor hereby waivea all right d homeatee?d ezempt~on in the pmperty anbjeat b thi~ mortg~ge.
20. The oovensnts a?nd agreement8 6erein ooatained ahall bind snd the bene8ts snd advantages shall inure to the respee-
tive hei~, ezecuton, administrstora, suoeesaors and as~signs of 4he psrties hereto. Wherever nsed. We ai lar nnmber ahall
inalude the plural. t~l?e plural the aingular, e~?d We uae ot wny gender shall be spplioab~le to aU gendeta. A~oovenauts, agree-
menta snd underWrings ahall be joint~ and several. In the event additionsl nnmbered oovensnts e~re tor oonvenienoe inserted
in this mortga~e follo~*ing the legal de~oription. suoh addiLional oovensnts ahall be resd and given e8eo~ as Lhough follo~ving _
this oovenaat in eonseoutave order.
" IN 1iITNESS ~OF, the said Mortgagoi's have set their hands and s,eala the day
, and year first abovs t~ritten. Pg~~,p~~ GADVBS, a P rship
~ Sign~;-~lec~, and Delivered ia the ~5~~
, , p ` ence f ~l:
; rd A . Fgan, n
i~
' • ~ _ _(S~)
" , D. D. iver, Partner
~
~ L~~*^~ ~ FJ1L)
Charles N. Campbell, Pa er
F STATE OF FLORIDA ~ SSs
~ CoU1~1TY oF s r- 1. u c. ~ , - ~
~
I AEW~BY CERTIFY that on this day before ne, an officer duly suthorized in the ~
~ State at~d County aforesaid to take aclaioKled~?ents personally appeared HSRNANND A• ;
~ EGAN, D.D. OLIVER, and CHARLES N• CAMB~L, to se kn°tm to be the persons described
in and irho exacuted the foregoing Mortgage, and they acknoxledged before ~e that they
;
e~cecuted the sa~ae. ~
f
WITNESS my hand and offYcial seal in the County and State last aforesaid this ~
day of ~~Q/'~~i~~ A. D. 19 '
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