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Home My WebLink About1991 13. lf detault be made ia payment, whe~ due, oE any indebta~lness ucured hereby. o~ in pe~to~mance of any ot Moct- gagoi s obligations, covenants o~ asreements hereuader: (a) Mortgagee it suthorued at any time~ without notice. in ib wle diuretion to enter upon and take Ewueuion ot thc premises or any put there~, to perto~m aar ub Mortgagee deem~ neccasary o~ pmpe~ to conurve lhe security and to copect and receive aU reats, issua and profitt thereof, indudias those put due as well as thoae acuuina theaalter, and (b) Mortgagee shall be entided, as a matter o[ st~ict riaht and without rcgard to the value or occupancy of the security, to have a receive~ appointed to rnte~ upon and take pouession of the premises. collect the renu and pro6ts there[rom and apply the same as tbe court may direct. suce receiver to have aU the riahts and poweo pe~mitted under the lavr~ of Fbrida. In ather tuch caae Mortgagee or the receiver may also take posseuion of, and for these purposea use, any and all penonal property contained in the pr~misa and used by Mortgagor in the rental or leasing thereof or any put thereof. The expenu .:__~..a:.,~ 6~ .r.,...el fee~ onsta and uent's comt~easation) incuned puquant to the powen herein contained shall be stcured hereby. Mortgagee shal! (after paymrnt of all coata snd eapensa incurred) applr such rents, issues a~d pro6u received by it oa the indebtedness secured herebr in tuch order as Mortgagee determines. The right to enter and take po3seuion of said property, to manage and operate the iame. and to collect the rents, iuua and profits thereo(, whether by a receiver o~ otherwiu, shaU be cumulative to any other right or ~emedr hereundu or aftorded by law. and mar be exerciud concurre~dy the~ewith or independendy thereot. Mortgagee shall be liable to account only for such rents, issues and protits actually received by Mongagee. 14. If the indebtednas secured hercby is aow o~ hereafter further securcd by chattel mortgaga. pledga, contracts of guaranty~ auignmenu oE leases, or othe~ securitia, oc if the prcmises hereby encumbe~ed consists of tnore than one parcel. Mortgagee may at ib option exhaust any one or morc oE said securitia and the security hereunder, or suc6 parcels of the security hereunder, either concurrently or independently, and in such order as it may determine. 15. No delay by Mortgagee in exercising anp right or remedy hereunder, or otherwise afforded by law, shaU operate as a waiver ther~oE or preclude the exercise thereof during the continuancr o( any default hereunder. ho wai~~er by Mortgagee o[ any default s6aU con~titute a waiver of or consent to subsequent defaults. 16. Without af(ecting the Gab'lity of any person( other than any penon rcleased punuant hereto) for payment of any I indebtedness secured hereby, aad wit6out af[ecting the prioriqr or extent oi the lien hereot upon any propeny not specifically rel~aud punuant hereto, Mortgagee may at aay time and from time to time, without notice and without limitation as to any ~ legal right o~ pmii~ge oi Murtgagee: . i (a) Release any penon liable tor payment of any ~ndebtednas secured- hereby. (b) Extend the time or agree to alter the terms of payment of any oE the indebtedness. (c) Accept additional security o( any kind. ~ (d) Release any pcoperty securing the indebtedness. ~ (e) Consent to the creation of any easement oa or over the premises or any covenanb restricting use or occupancy thereof- 17. Any agreement hereafter made by Mortgagor and 1liortgagee pursuant to this mortgage shall be superior to the rights ot the holder of any int~n•ening lien or encumbrance. ' _ 18. Mortgagor hereby waives all right of homatead exemption in the propcrty subject to this mortgage. 19. The co~~enanu and agreemrnq herein contained shall bind and the benefib and advantaga ahaU inure to the respective heirs, acecutors, admiaistrators, successoa and assigns of the partiu hercto. W6erever used. the singular number shall include the plural, the plural the singular, and the use ot any genaer suaii oe appiiwi,ic io a:i ~ciYucfS. :r.~::~=:::~, =a:~~w=='::_ - undutakings shall be joint and several. In the event additional numbered covenants are for convenience inserted in this mortgage Eolbwing the legal dacription, such additional covenants shall be read and given eftect as though (olbwing this covenant in consecutive order. 20. Any dJcieacy in the amount of such aggregate monthly payment shall, unless made good by the Mortgagor prior w the due date of the nest such payment, constitute an event of dciault under this mortgage. At Mortgagee's option, Mortgagor will pay a"late chargd' aot euceeding four per centum (4%) of any instalimrnt when paid more than fiftcen (15) days after the due date thereof to cover the extra e~penx involved in haadling delinquent paymenu. but such "late charge" shall not be payable ; I out of the proce~ds of any sale made to satisfy the indebtedness secured hereby, unless such proceeds are :ufCcient to discharge the ~ i e~tim indebtedness. ~ > ; t CTFPI~iF '~AYt~F IITX[1Tv anri T TNT1A _ SiTF nTX[113 h1S wife ~ ~ IN WITNESS WHEREOF, the said Mortgagor~ s ~ here o,~c their h~d- and Sea~S the day and year tint above written. ~ S~ , ed 'nd ~er in the praence of : ` ~ ' ~ ~k! •~ECUROEo ~ ~ , -~~S `A. ST P j~IAYPIE D ~ en~) ~ R~3.; , - • . ~ CIEnK_ ~,.i~~ C4URT ~ (Srr?L) STATE OF FLORIDA . ~ LIh~A SUE DIXON ~ ~ Quc y 3 2aPH'1a ~~?~~~8 ~ COU:VT'Y OSFt c : ' I, an oIficer authon~zed to take acknowledgmenu of deeds according to t6e laws of the Sute of Florida, duly qualified and uu~g, HEREBY CERTIFY that STEPHE2~ WAYi3E DLYOh and LINDA SUE DLYON, his wife to me penonally known, this dar persoaally app~ared and acknowledged before me that r~~ executed the foregoing Mort- ~ gage, and I FURTHER CERTIFY that I know the said person S making said acknowledgment to be the individua~ s ~ dacribed in and who acecuted the said Mortgage. = AND I FURTHER CERTIFY that ~id LI:•:DA SUE DI ~Ot1 ~ is Iuwwn to me to be t6e wife of said CTFpi;F1 t1AY2iF IIT`~~ ~ and that she this day acknowledged to and betore me~ sepuately and apart (rom her said husband, that ahe acecuted the said Mortgage Deed for the p+±r~ote of renouncing and relinquis6ing her dower and right oi dower and separate estate in and ~ to the lands therein dacribed, and that she acecuted the same freely and voluntarily and without compulsion, constraint, appre- hension or (ear oE or from her husband. ~ IN WITNESS WHEREOF I hereunto ut my hand and o(Gcial seal at ~~~~TFR,a f~F ~~.~_-~s~l~unty . -T . 'a . ~ and State, this 8th dar ~ August A. 19 :;7) . ~ ~LE L WIRMESON. ` ~ . `f ~ NOTARY PUBUC STATE OF FLORIDd1 AT IARGE • ~ MY CpMMISSIOM EXPIRES MARCH 31. 1975. Notary Pu c S te of=_AQte~a Y . Mr tommission expira r. 4' . - ~ ~'~GiI e~l~ . t ~ ~ R 230 ~~~F199(l r , . _ 800K ~ , - - - ~ ~ _ -r `4 `k~ ~ ~ ~ ~ _ _ T:~._~~ . ~°w~ "v~a:`e'~~~ ~ . . i~.> _ a..~