HomeMy WebLinkAbout1902 . 1S. It default be made ia payment~ whea due~ oE any indebtedneu secured hereby, or in performance ot any of Mort- ~
gagor • obligations, rnveoants o~ agrcemeab hereunder: ~
(a) Mortgagee is authorued at aay time. without notice, in its sole dixretion to enter upon and take posuuion of the !
premises or any part tbe~eof, co pedorm anr aca Mo~e~agee deem~ rtecessary or proper to conurve the security ac?d to collect ~
and receive all reab, iuues and profits thereo(. indudina those past due as weU as thoae accruina therea[ter. and ~
(b) Mortgagee shaU be entitled. as a autter o( strict right and without regard to the ~•alue or occupancy ot the acurity.
to have a rcceiver appointed to enter upon and take poaseuio~ ot the prcmises, collect the rents and pwfits therefrom and apply
the same as the court may direct, iuch receiver to have all the righq and powen permitted under the laws ot Fbrida.
In either such case Mortgagee or the meiver mar alao take possasion ot, and (or thar pu~poses we~ any and all penonal
property rnntained in the premixs and uaed by Mortgago~ in the ~ental or leas:ng thereot or any part thercof. The eapense
(including receive~'s fea. counsel tea, costs aad agent': rnmprnsation) incur~ed punuant to the powers herein contained sha11
be secured hercby. Mortgagee shall (atter payment o( all costs aad expenses incurred) apply such renq. iuua and profts received
by it on the indebtedness secured hereby in such order as Mortgagee determina. The right to enter and take poascssion oi said
property, to maaage and opente the same, and to collect the rents, iuua and proGts thereof. whether by a receiver or otherwise, ~
shaU be cumulative to any othes right or remedy henunder or af(orded by law. and may be exercised concunendy therewith E
or independently thereot. Mortgagee shall be liable to account only for such rents, issues ~nd pro(its actually received by 1lfortgagee.
14. If the indebtedneu secured hereby is ~ow or hereatter [urther ucured bp chattel mortgaga. pledga. contracts o(
guua~ty, assignments of leases, or other securitia, o~ if thc premises hereby encumbercd consists of more than one parcel.
Mortgagee may at its option exhaust any one or mon o[ said securities and the security hercunder, or such parcels o! the security
hereunder, eithe~ concurrently or independently, and i~ such order as it may decermine.
15. No delay by Mortgagee in exercising any right or mmedy hereunder, or ot6erwise at[orded by law, shall operate as a
waiver thercof or preclude the exercise thereof during the continuance o( any default hereunder. 11~o wai~~er by Mortgagee o( any
default shall constitute a waiver o( or consent to subaequent de(aults.
16._ Without atfecting the liability of any person( other than any person released punuant hento) for payment of any
indebtedness secured hereby, and without af(ecting the priority or extent of the lien hereof upon any properry not speciGwlly
released punuant hereto, I?iortgagee may at anY time and [rom time to time, ~vithout notice and without limitation as to a~y
legal right or privilcge of I?iortgager.
(a) Release aay penon liable [or payment of any indebt~ess secured hereby.
(b) Extend the time or agree to alter the terms of payment o! any of the indebtedness.
(c) Accept additional securitr o[ any kind.
(d ) Rdcase any property securing the indebtedness.
(e) Consent to the creation of any ~asement oa or over the premises or any covenants ratricting use or occupancy thereof.
~ 17. Any agreement hereafter made by Mortgagor and Mortgagee punuant to this mortgage shall be superior to the rights
~ of the holder of any intervening lien or encumbrance.
IS. Mortgagor hereby waiva all right of homatead exemption in the property subject to this aartgage.
~ 19_ The co~~enanu and agreements herein contained shall bind and the benefits and advantages shall inure to the respecti~•e
; heirs, executon~ administraton, successon and assigns of the parties hereto. \Vhere~er used, the singulaz number shall include
i the plural, the plural the singular, and the ux of any geader shall be applicable to all genden. All covenants, agreements and .
~ undertakings shall be joint and xveral. In the event additional numbered covenants are for convznience inserted in this mortgage
~ folbwing the legal desctiption, such additional covenants shall be read and given effect as though foqowing this covenant in
j consecutive order.
i 20. Any d~ciency in the amount of such aggregate montfily payment shall, unless made good by the Mortgagor prior to
; the due date of the next such payment, comtitute an evrnt of default under this mortgage. At Mortgagee's option, Mortga~or will
pay a"late charge' not ezceeding four pu centum (490) of any installment when paid more than ~fteen (15) days after the
due date thereof to cover the extra expense involved in
aandling delinquent payments, but such "late charge" shall not be payable
out of the proceeds of any sale made to satisfy the indebtednas secured hereby, unless such proceeds are sui~cient to discharge the
entire indebtedness_
IN WITNESS WNEREOF, the said Mortgagor~-, ~.LIAM A. ANDERSON AND VERNA L. ANDERSON~ ~8 fi~fE '
hereunto set _~r hand~_ and se~1 ~ the day aad year fint above written. ~
Sign ~ al an de ' red 'n the presence o• pE ' i ) 4c~"/t/0'~- .
Lip AMO AUM~Y TL 1 ' -
• s
a~T~~f
_ ~J 44ERKC;~C~o COURT iAM A. p~g d
~~-l~~~CC ~e~y, (sawL>
STAT OF FLORIDA : ~ L. ANDERSON .
COUNTY OF t3~C ST•
~ LtTCIE fce 1I 3 0~ PM'75 30~.$92
I, an ofGcer authorized to wke acknowledgments of deeds according to ehe laws of the State of Florida, duly qualified and
acting, HEREBY CERTIFY that ii7i T•TAM A Ni]FRS~N Ni1 NA ANIIFRC[1N~ hi a vi fa
to me personally known, thu day personaUy appeared and aclcnowledged before me Wat thev_ executed the forcgoing Mort-
i gage, and I FURTHER CERTIFY that I know the said person s makin said acknowlcd
dacribed in and w6o executed the said Mortgaga g Sment to be the individual g
:\1~D I FURTHER CERTIFY that uid _YEBNA I.- ANDEB.SON
is known to me to be the wife of said ~~~~~~v~eAt
and that she this day acknowledged to and before me, separately and apart trom her said Aushand, that ahe executed the laid
Mortgage Deed_{or _ihe ,purpo~r of rrnounciag and rdinquishing her dower and right of dower and separate aWte in and
to, th~ ;j~ y Mpcn'bcd, and that she executed the same (rcely and volu~tarily and without compulsion, constraint, appre-
~eyrt ~t~~`~? Ler husband.
. V- :
,?°f IN ~ '.~~tEOF, I 6ertunto set my 6and and o(Gcial seal at Ft. Pieree sa;d Count
~ t r s:.; r .
. as¢ ~ $uc~ u,is - - = dar of Februarv A. ~ 9 ~
. V ~I - ~
: q~}~ L HARMESON.
1~10i~+~~ ~~QTARY PUBLIC STATE OF FIARIDII AT tARBE ~ , 4
t~ ~~~y~?p~( p(P{RES MAfiCN 31. 1q7R.- Notary PubGc Stat ot Florida at Iarge ~
. Mr:~a~~'
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