HomeMy WebLinkAbout2353 13. I( default be made in paytnc~t, whea due, o( an~r ir.dchi~clnru secured hereby, or in ~r(ormance o( any o( I11ott•
gagor'i obligations, covenanb oc asreemeau he~eunder: ~
(a) I~tortgagee is authoraed at any time, without notice, in iq wle diu~etion to enter upon and take poueuion of lhe
pcemix~ or any part thereot. to pe~torm anr ac4 Irtortgagee deemi ncees~ary or pmpe~ to conse~ve the ucurity and to coUect
a:.~ receive aQ rents. iaiua and profiu tbereot, indudina those past due as well aa those uc~uing the~ea(ter. and
(b) Mortgagce shaU be entitled, as a matter ot ~trict right and without regard to the value or occupancy o[ the security.
to have a recei~•er appointed to enter uporr and take pouasion o( the pcemisa. rnliect the rents and proGb there[rom ar?d apply
the same u the court may direct, such receive~ to 6ave all the righu and powen peaaitted under the laws o[ Fbrida.
In either :uch cau Mortgagee o~ the receiver may alw take posseuion ot. and for thae purposes we, any and all penonal
property ca~.t;.in~ 'sa t1.e oremises and used by I?tortgagor i~ the rental or leasing ehereof or anr part thueot. Tht e:pense
(including ~eceivei s[ces, counsel Iees, coats and aaeAt't compensation) incu~red punuant to the powets herein contained shall
be secured hereby. Mortgagee shall (a(ter payment of al1 coab and expenses incurred) apply such renb, iuua and profits recei~•ed
by it on the indebtedneu ucured hereby in such order as Mortgagee determines. The right to ente~ and take possession o( wid
property, to manage and operate the same, and to tollect the tents, issua and profiu thereof, wh~ther by a receiver or otherwise,
shall be cumulative to any othe~ right or ~emedy bereunder or aftorded by law, and may be eacerciud concunentiy therewith
or independently thereot. Mortgagee shaQ be liable to account only [o~ such nnts, issues and pmfib actuapr received by Mortgagee.
14. If the indebtedness secured he~eby ia now or hereattet (urther secured by chattel mortgagd, pledges, co~tracts of
• guarattty, assignments of leasu~ or other securitia, or if the premisea hertby encumbered consisb of more than one parcel,
Alortgagee may at its option exhaust any ona or morc of said securities and the security hereunder, or such parc~ls o[ the iecurily
hereunder. either concurrently or independ~ntly, and in such order as it ~rwy determine.
IS. No delay by Mortgagee in exercising any right or remedy hereunder, or otherwue af(orded by law, shaU oprrate as a
waiver thereo( or preclude the exerciu thereof during the continua~ce of any default he~eunder. I~o wai~•er by Mongagee of any
default shall comtitute a waiver o( ot consent to subsequent defaults.
16. Without af[ecting the liability of any person( other than any person releascd punuant hercto) ior pay~neat o! any
indebtedness secured hereby, and without affecting the priaritr or extent of the lien hercof upon any property not speci~wlly
released pursuant hereto, Mortgagee ~y at any time and trom time to time, without notice and with0ut limitation as to any
Icgal right or pri~•ilege of Mortgagee: _ i1LEB ~h. i'4u'i~f~ .
(a) Releax any person liable [or payment of any indebtedness secu~ed hereby. 5T. lUCit y•'' `kF j5 `A ~
F.6 • ;
(b) Extend the time or agree to alter the terms of payment of any of the indebtedness. Cif F~ ~ ~"s' ~i~URT
L C ~ ! 't - , • { ~ ;1
(c) Accept additional security of any tind. ~pp~/~~'y RQ~Q~~+-.~
(d ) Release "any property sccuring the indebtednw_ ~ ~ ~C ( ~ ' ~ ~ ~
(e) Consent to the creation of any easement on or over the premises or any covenants ratricting use or occupancy thereof.
17. Any agreement hereaft~r made by Mortgagor and ~fortgagee punuant to thu mortgage shall be supe~ior to the rights
oE the holder ot any inten•ening lien or encumbrance.
18. Mortgagor h~reby waiva all right of homest~ad exemption in the property subject to this mortgage.
19. The co~•enants and agreements herein contained shall bind and the bene[iu and advantages shall inure to the rapective
•~r~__~'._ .:no~d~r n~~mFv~ cha~~ iRC~Rd!
~1QifS~ lZtCUtOft~ administraton, SLLCCG3S01'3 and 81SI$i4S OI i[1C ~6itt~ra ucicw- •~uua.•..• ~ ---o--
' the plural, t6e plural the singular~ and the use of any gender shall be applicable to all genders. All covenants, _agreements and
undertakings shaU be joint and secenl. In the e~ent additionil numbered covenants are for coneenience inserted in this mortgage
tolbwing the legal dacription, such additional covenants shall be read and gi~en effect as though folluwing this covenant in
consecutive order.
20. Any d~ciency in the amount of such aggregate monthly payment shaU, unless made good by the Mortgagor prior to
the due date of the nact such payment. constitute an event of de(ault under t6is mortgage. At I?iortgageds option, Mortgagor will
; pay a"late charge' not euceeding tour per crntum (4%) of any installment when paid mon chan Cdteen (15) days after the
due date thereoE to cover the eactra expense ~nvolved in handling delinquent payments, but such "late charge" shall not be payable
~ out o( the proceeds oE any sale made to satisfy the iadebtednas secured hercby, unlas suc~ proceeds are sutficirnt to discharge the
i entire indebtedness. .
IY WITNESS WHEREOF, the said Mortgagor_S.-, T~$.- ' ife
~
~ hereunto set their hand- and sea~s the day and year first above written.
Si led eliv in t6e preunce of : ~
~ ~ [.t HQ4~ LJ"v„'.I"i", ~ ~'lM~' v~ - ~SEAL~
v~l RIA~ B. K1~OWLES
_ R:;:=.- ~~5 ~Y, Kl'
COI~ftT ' (See~)
nc^^'' .'r J .RY ~OWLES
STATE OF FLbRIDA : ~
u au~ y 3 as PM ~~a ~~s~so
COUh'TY OF ~X~B :
t. L cie
I, an of~cer aut~ioraed to take acknowledgmenu of deeds according to the laws of the State of Florida, duiy qualified and
accing, HEREBY CERTIFY chac ~'~~`E B. ~:OE,'LES and JERRY J. h~'~QtJLY:S, his wife _
~
to me personaUy known, this day pcnonally appeared and acknowledged before me that executed the (oregoing Mort-
gage, and I FURTHER CERTIFY that I know the uid peno~ g making said acknowledgmrnt to be the individuaLS
dacribed in and who uecuted the said Mongage.
SF~ AND I FURTHER CERTIFY that said JL• R.RY J. Ki'Ojr'LrS
~ is known to me to be the wife of said k'AY'~E B IL'04~.'LES
and that she this day acknowltdged to and before me, separately and apart from her said husband~ that she executed the said
~ Mortgage Deed tor the ~~!rpose of renouncing and rdinquishing her dower and right of dower and uparate atate in and 1
~ to the lands therein described, and that she uecuted the same freely and voluntarily and Mrithout compulsion, consvaint, appre- ~
~ hension or tear of or from her 6usbmd. L 3~'~~.:
~ IN WITNESS WNEREOF, I 6ereunto xt my hand and of6cial seal at FORT P~`~~' ~ wa
(~~Mj,
~ Sth nu~'ust A. 19 4 - 1 ~i • ~
~ and staee, eh;: aay of n _
~ D~4lE L HARMESON. ' ~ ~ Y' `
NOTARY PUBLIC STATE OF RORIQII AT lAR6E Notary Pu 'c S e ot` ~'da a - ~ t
My commission exp~i~MMISS{ON D(PIRES W(iCfl 31. lo~_ . ~
UR ~ ~
~ eooK z~ PacE 2352 eooK ~~JU PACE 1994 - '
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