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Home My WebLink About1919 . i ~ 13. If defautt be made in payment, wAen due, ot a~y indebtnlneu secured hereby, or in pcr[orn~a~ce ot any of Mort- gagor's obligations, covenants or agreements hcceunder: (a) Mortgagee is autlio~izcd at any time. without notice, in its wle discretion to ente~ upon and take posuuio~ ot the ~ ~emis~s ot an t thereof to rtorm an uts Mort a ee deems neceasary o~ ro r to conserve the security and to coUect ' p y par . pe r 8 8 P P~ ~ and receive all rrnts. issua and pmfib thereot. including thaae past due as well u those aceruing the~eafter, and ~ (b) Mortgagee ihall be entided, as a matter of stcict right and without regard to the value or occupancy ot the securit~, to have a recei~•e~ appointed to enter upon and take pos+easion of the premises. collect the rents and pmfits thercf~om and apply the same a?i the court msy direct. ~uch receiver to have all the rights and powen peanitted un~r the laws o( Florida. ~ In eithe~ such case Mortgagee or the receive~ awy alw take poueuion of, and tor theu purpose: use, any and all personal ~ prope~ty contained in the premises and used by I~fortgagor in the rental or leasing thereo[ o~ any part thereof. The eapense ; (including receiver's [ees, counsel tees, coat~ and ageat't comptnsation) inturred pursua~t to the pow~ers herein coatained shall ~ be secured herebr. Mortgagee shall (a[ter paymtnt of all cwts and expenses incurred) apply such renb, issus and profits received ~ by it on the indebtedneu secured hercby in such order as Mortgagee detercnina. The right to enter and take possession ot said ~ ptoperty, to manage and operate the same, and to collect the rents, iuues and pro[ib thereof, whether by a recei~•er or othemise, I shaq be cumulative to any other right or remedy hercunder or afforded by law, and may be exercised concurrcntly therewith ~ or indepcndently thereot. Mortgagee shall be liable to account only for such rents. issuea and pmtits actually received by I?iortgagee. 14. If the indebted~ess secured hereby is now or hereatter (urther secured by chattel mortgages, pledga, contracts of ; guaranty, assigr:menq of leaus, or other ucurities, or ii the premises hereby ~ncumbered consists of more than one parcel, j I?iortgagee may at its option exhaust anp one or more of said ucurities and the security hereund~r, or such parcels of the security = r hereunder, eithcr rnncurrently or independendy, and in such o~der as it may determine. 15. No delay by Mortgagee in exercising ar?y right or rcmedy hereunder, or otherwise a(forded by law, shall operate as a i waivu thereof or preclude the exercise thereof during the continuance of any de(ault hereu~der. i~o wai~•er by Mortgagee ot any detault shall constitute a waiver o[ or consent to subsequent defaults. 16. Without atfccting the liability of any penon( other than any penon released punuant hcreto) for payinent of any indebtedness setured hereby, and without a([ecting the priority or extent of the lien hereof upon any property not speci6cally released pursuant hereto, Mortgagee may at any time and from time to time, without notice and withou i tatiqn to an lcgal right or pri~~ilege ot Martgagee: ~f~~ F~CU.~I~E~ $t. ~bc~~ MTr F~A_ (a) Reltase any person liable for pa~~nent ot any indebtedness secured hercby. ~+G~i ~ pJlfRAS CLE~.K C~~~CU+( COURT (b) Extrnd the time or agree to alter the ternu of pay~nent of any of the ir~debtedness. PE~~:'' =:E~~ (c) Accept additional security of any kind. r Y T (d) Release any property sccuri~g the indebtedness. ~~~~J~ `fAr ly 3 0~ PM (e) Consent to the creation of aay easement on or over the premiscs or any covenants restricting use or occupancy thereoE_ 17. Any agrcement hereafter made by Mortgagor and ~iortgagee punuant to this mortgage shall be superior to the righu of the holder of any inten•ening lien or encumbrance. 18. Mongagor hereby waives all right of homestead exemption in the property subject to this mortgage. 19. The covenants and agreements herein contained shall bind and the bene[its and advantages shall inun to the rapeeti~•e heirs, exec~ton, administrators, succasors and assigns of the parties hereto. Where~•er used. the singular number shali include t6e plural, the plu~al the singular, and the use of any gender shaU be applicable to aq genden. All covenants, agreements ar:d undertakings ahall be joint and several. In the event additional numbered covenants are tor com~enience inserted in this mortgage _ following the legal dacription, such additional covenants shall be read and given e[fect as though following this covenant in consecutive order. 20. Any deficiency in the amount of such aggregate monthly pay~ment shail, unless made good by the ~liurtgagor prior to the due date of the next such payment, constitute an event of default under this mortgaga At Mortgagee's option~ Mortgagor wiU pay a"late chargd' not exceeding tour per centum (49~0) of any installment when paid more than ~fteen (15) days after the due date theroof to cover the extra expense involved in handling delinquent pay-ments, but such "late charge" shall not be payable out of the proceeds of any aale made to satis[y the indebtedness secured hereby, unless such proceeds are sutCcirnt to discharge the entire indehtedness. ' Iti WITNESS ~YHEREOF, the said Mortgagor._g~_,__~TIT_T-,TAM_j~_ STAT.1?Y and AF7TY $'j'A?_i?Y~ hiA ~f@ i i hereunto set -t~rhand~- and seaLB-_ the day and year first above written. ! Si , aled a de4 er in the presence of : - ~ ~ Q~~.,~,~ f - cs~,L, ~ i L. S ~ , (SewL) ~ STATE OF FLC)KIDA . ~ ~ COUNTY OF ~ ST: LUCIE ~ ~ ~ I, an o[ficer authorized t~ tate acknowicdgments of deeds according to the laws of the State of Florida, duly qualified and ~ S~TiLLIAM L. STALEY snd acting, HEREBY CERTIFY that B~~ J STALEY~ h~s i1~fe ~ ~ : s to me personally known, this day penonally appeared and acknowledged before me that thP.3L_ executed the foregoing Mort- ~ gage, and I FURTHER CERTIFY t6at I know t6e said peno~~_ making said acknowledgment to be the individua~ dacribed in and who executed the said Mortgaga AND I FURTNER CERTIFY that said B~~ -T - STAi:EY ~ ~ is known to me to be the wife of said ~I~M L. ST~-1?~ ~ and that she this day acknowledged to and befote me, sepuatdy and apart irom h~r said husband~ that she executed the said ` Mortgage Deed for the purposr of renouncing and rclinquishing her dower and right of dower and separate atate in and to the lands therein ducribed, and that she racecuted the same (reely and voluntarily and without compulsion, constr~;nt, <appre- hension or fear of or (rom 6er husband. ~ - ~ IN WITNESS W!{EREOF, I hereunto set my 6and and official seal at Fort Pieree _•'~~1~1ia~;~ ~ . . ¢ : ~ ~ ' ^I'Y. K and State, this ~ day of *tfl•~ A. . 19 ; r?i~i.•' ~ 1 ,i' r.: ~ ' . ~ ,_-^l „k:: & ~ otary Publi S ot Fio , ~f - R M commission ex ira : '.-~,~~1 Ga'• Y P QILLE WIRMES~. - tA ~r ' ~r s~ ~ NOTARY PUBLIC STATE OF FLORitlIk~AS,~ : BaoK 239 P,~cc 191~ ~~?w~~ ~~R~ w~+ a~, ~s~. ~ ~ ~b - ~ ~ ~ ~ _ _ . _ _