HomeMy WebLinkAbout2369 ~ I3. lI de(ault be tnade in payme~t, when due, of any indebtcalnesi ucured hcrcby, or in per(ormance ot any o( Ntoct-
aagor's obligations, co~Ynants or a~eemenq hereuade~:
(s) Mortgaaee is autho~ized at any time. without notice, in its wle diuretion to ente~ upon and take poaseuion ot the
premisa or anr put thereot~ to perfornn any acq Mortgagee deema aecessa~f o~ ProP~r to conuive the securitY and to collect
and receive all reats, issua and pro[it~ t6ereof~ indudina those past due as well as thoae accruing therea(tr~~ and
(b) Mortgagee shaU be entitled, at a matter of itric: right and without rcgard to the value o~ occupancy of the security,
to have a receiver appointed to entc~ upoa and take possrssion of the prcmiscs, collect -the rcnts and profia theretrom and apply
the same as the coutt may direct, such receiver to have all the rights and powers pcrmitted u~der the laws oE Florida.
1~ either such caie Mortgagee or t~e receive~ may also take poaxssion oI, and tor thcse purpuus use, any and all personal .
property contained in the pnmixs aad used by Mongagor in the reRtal or leasing the~eof or vny part thereof. The exprose
(i~cluding receiver s fces, counul tea, coats and ageat's compensation) incurred punuant to the powers herein containevl shall
be secured hereby. Mortgagee shall (afte~ payment of all cosb aad expe~ses incurred) apply such rents, iuues and proC~s received
by it on the indebtedncss secured hereby in such order as Mortgagee determina. The right to entcr and take possession oi saicf
pwperty. to manage and operate the same. and to collect the rcnb. issua and proCu theieot, whether by a receiver or otherwisr.
shaU be cumulative to any other right or cemedy heteunder o~ af[orded by law. and may be exercised concurrently therewith
or independendy thercof. Nortgagee ~all be liable to account only [or such rents, issues and profits actually received by Mortgagee.
14. If the indebtedness sccured hereby is now or hereafter further xcured by chattel mongagea. pledges, contracb of
guaranty. assignments of leases, or other Kcuritia, o~ if the premisa hereby encumbered consists of more than one parcd,
111ortgagee may at its option exhaust any one or more of said securities and the security hereunder, or such paneh of the secu~ity
hercunder, either concurrently or independently, and in such order as it may determine.
15. No delay by Mortgagee in exercising anY ~~8~t or rcmedy hereuncler, or otherwise af(orded by law, shall operate as a
waiver thereof or preclude the exercise t6ereo[ during the continuanct o[ any default hereunder. No wai~er bY Mortgagee of any
default ahall constitute a waiver of or consent to subsequent defaults.
16. Without affccting the liability o( any person( other than any penon rcleascd punuant hereto) Eor payment of any
indcbtednas secured herebY+ and without a(fecting the priority or extent of the licn hereof upon any pmperty not specifically
relcased punuant hereto, Mortgagee may at any time and from time to time, without notice and without limitation as to any
legal right or privilege of Mortgagec : ,j~~ p F M t~ t. t, u~tQ f~ D
~T. 4U~li ',~.~Ni? FLA:
(a) Re)ease any person liable [or psyment o( any indebtedness securcd hereby. A~. iF.A$ ~t
(b) Extrnd the time or agree to alter t6e ternu of payment ot any of the indebtedness. F,i f 6t "°1 t;:~yR1
~if,fF!: tE• 1-;-~,wr..•~•
(c) Accept additional security o[ any kind. 2~~A ~C ~ i
(d) Release any property securing the indebtednw_
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~ {e) Consent to the creation of any easement on or over the prcmues or any covenants restricting use or occupancy thereof_
1~. Any agreement hereafter made by Mortgagor and Mortgagee Funuant to this mortgage shall be supcrior to the righu
of the holder o; any intervening lien or encumbrance.
18. I?fortgagor hercby waiva all right of homatead exemption in the property subject to this mortgage.
19. "The co~-enants and agreements hezein contained shall bind and the benefiu aad advantaga shall inure to the respecti~e
heirs, executon, administraton, succasors and assigns of the parties hereto. W6ererer used, the ungular number shall include
the plural, the plural the singular, and the use oi any gender ihall be applicabte to all grnders. AA covenants, agreements and
undertakings shall be joint and se~eral. In the event additional numbered covenants are Eor convenience inserted in this mortgage
tolbwing the legal dacription, such additional covenanu shall be read and given etfect as though following this covenant in
consecutive order.
20. Any deGciency in the amount o[ such aggregate monthly paymrnt shall, unless made good by the \tortgagor prior to
the due date o[ the nezt such papment~ cotutitute aa event of default under this mo-tgage. At biortgagee's yp
~t~e~r,-Mertgagor wiU
' pay a`7ate chargd' not uceeding four per centum (496) of any installment when paid more than fifteen (15) daya after the
~ due date thereof to cover the utra acpense involved in handling delinquent paymenu, but such "late charge" shall not be payable
i out of the proceeds of any sale made to satisty the indebtedness s~curcd hereby, unlcu such proceeds ace sutficient to discharge the ;
S entin indebtedness. ~
e E
~ IN WITNESS WHEREOF, t6e said biortgagors-, _(:1~~--~.- h1S wife ~
hereunto set the hand-- and ~ea1 S the day and year first above wntt
~ ~ .
~ Sign , se and de ' red i tt?e presence ot: .
L~
! . „ _ ZA
~ - t -
ITH A. CARROZZA
STATE OF F IDA _
u
COU:VTY OF ~}E -
I, an of~~er ~utt~d to take acknowledgments of decds according to the laws of the State o[ Florida, duly qualiiied and
ucing, HEREBY CERTIFY ~hac ru~ASrc r revun~~e ~~a nmT~ru e reu~n~~e h~;~~~~--_
to me personally known, thu day personally appeared and acknowledged before me that rh„~- executed the foregoing Mort-
~ gage, and I FURTHER CERTIFY that I know the said penong--- making said acknowledgment to be the individua~ S
' described in and who ocecuted the uid Mortgage.
w
~ AND I FURTHER CERTIFY chac said TLIDIT A reuvn7~e
~
~ i: known to me to be the wife of said C~iARI.ES C. CA,~FLOZZA
~ and that she this dar uknowledged to and betore me, separatdy and apart (rom hcr said husband, that she executed the said
~ Mortgage Deed for the purpos~ ot rcnouncing and relinquishing her dower and right of dower and separate estate in and
to the lands therein described, and that she executed the same fredy and voluntarily and without compulsion, cor?Ns.aiM, pppre-
{ hension or [ear of or from her husband. ti~1~'~
Fort Pierce ~..~•-;;;a'Coitor~
1N WITNESS WHEREOF, I hereunw ut my 6and and o(ficial xal at
a~a scace, ct?w 9 d~y ot ~1ugu c r A. 1 1 i^ lf
- - ~ 'v
~ .
D~LE L 4WWE~. ~
NOIARY PUBIIC 5iATE OF FLORIQII AT UM'sE Notary Pu State o( ;at ,`~,1, ,
My commia+ion expira rnuu~tc~~N E](PtRES MARCH 31_ 1978. `
~ ~•~r'r,
~ sc~K 230 PAGE ~,J6S
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