Loading...
HomeMy WebLinkAbout2335 t 13. lf default be niade in payment, when due, ot any iudebtecineu ucurcd hereby, or in pertormance of any o[ Mort- gagor's obliqation~, covenants o~ agreements hereunde~: (a) 1liortgagee is authorued at any time, without notice, in its wle dixretion to ente~ upon and take posussio~ o( the premix~ or any patt thereof, to pe~[orm anr acb Mo~egaaee deem~ neccsury or pmpe~ to conKrve the ucu~ity and to coUat and receive all rents, issua and prolib thereof, includina those past due as well u those ucruing thcreatter, and (b) Mo~tgagee shaU be entitled, as a matte~ ot strict right and without ~egard to the ~•atue or occupancy ot the tecu~ity. to have a receiver appointed to enter upon and take posseuion of the premiscs, collect the ~ents and profiu therefrom and apply the same as the court may direct, iuch receiver to ha~e all the rights and powers pe~mitted under the laws ot Fbrida. In either such case Mortgagee or the receiver may also take possession of, and tor these pu~posts uu, a~y and all peno~al property containcd in the premisa and used by I?tortgagor in the rental or teasing thereof or any pa~t thereo(. The ezpense (including receivers tees, counsel tees, costs and agent's compensation) incurred pursuant to the powen herein contained shall be secured hereby. I?iortgagee shall (a(ter payment o( all costs and expenses incurred) apply such ~enu, issua and profits received by it on the i~dcbtedneu srrured hereby in such order as Mortgagee determines. The right to enter :ake poaseuion of taid property. to manage and operate the same, and to collect the renb, issues and profiu thereo[, whether by a receiver or otherwise. shall be cumulative to any other right or temtdy bereunder or afforded by law, and may be exenised concurrently the~ewith ~ or independently thereof. Mortgagee shall be liable to accoant o~ly (or such rents, issues and protits actually received by Mortgagee. 14. I[ the indebtedncu sccured heseby is ~ow or hereafter further secured by chattel mongages. pledga, contracts of guaranty. assignments o! teasa, or other securities, or if the pren?ises hereby encumbered consists of more than ont pucel, 1?iortgaget may at its option exhaust any ono or more of said securities and the security hereunder, or such parcels o[ the security hereunder, either concurrenily or indcpendently, and in such order as it may determine. 15. A`o delay by \tortgaget in exercising any right or remedy hereunder, or otherwise aftorded by larv, s6all operate as a waiver thereof or preclude the exerciu thereof daring the continuance of any default hereunder. I~o wai~•er by Mortgagee of any de(ault shaA constitute a wai~•er of or consent to subsequent de(aults. 16. Without affecting the liabitity of any person( other than any penon rcleascd pursuant hereto) for payment of any indrbtedness securcd hereby, and without affecting the priority or extent of the lien hereof upoo any property not specifically rd~ased pur~+!ant hereto, Mortgagee may at any time and from time to time, without notice and without limitation as to any legal right or privil.af of I1longagee: (a) Release any penon liable for payment o( any i~debtedneu secured hereby. (b) Extend the time or agree to alter the terms of payment o[ any of the indebtedness. (c) Accept additional sccurity of any kind. (d) Releau any property securing the indebtedness. (e) Consrnt to the cre3tion of any eaument on or over the premises or any co~~enants restricting use or occupaney thereof. 17. Any agreement hereaft~r made by Mortgagor and riortgagee pursu~nt to this mortgag~ shall be superior to the righu o[ the holder of any inten-ening lien or encumbrance. 18_ 111ortgagor hereby waiva aq right of humestead exemption in the property subject to this mortgage. 19. The co~~enants and agreemenu herein contained shal! bind and the benefits and ad~•antages shall i~ure to the respective h~irs, eaccutors, administrators, succeuors and assigns of the parties hereto. ~Yhere~•er used, the singular numbrr shaU include the plural, the plural the singular, and the use of any gender shall be applicable to all genden. All covenants, agreements and undertakings shall be joint and se~•eral. In the event additional numbered co~enants are (or convenience inserted in this mortgage [olbwing the legal dcscription, such additional covenants shall be read and gi~~en e((ect as though [ollowing thu covrnant in consecutia•e order. 20_ Any deficiency in the amount of such aggregate monthly payment shall, unleu made good by the Iliongagor prior to the due date of the next such payment, constitute an event of detault under thu mortgage. At 11Sortgagee s option, Mortgagor will pay a"late charge' not exceeding four per centum (4qo) of any installment when paid more than fefteen (15) days aiter the due date thereo[ to cover the extra expense in~~ohed i~ handling delinquent payments, but such "late charge" shall not be payable out of the proceeds of any sale made to satufy the indebtedness secured hereby, unless such proceecls are sut[icient to discharge the entire indebtedncss. I~i WIT\ESS ~VHEREOF, the said Mortgagor S JAMES BI.NIR and CORINNE B_~.AIR, his W~fe hereunto set -L~1QI8and__ and seaL-_ the day and year (irst above written. - Sig , ed a d'•er i the prescnce of : ~ fJ - f~G.f~~%l~-v ~ (Scwi) ~ BLAIR ` ~ ; ~i/ t~ ~ ~ (Se,?~) STATE OF FLO [~A . CORINNE BI.AIR t ss COUNTY OF ~ ST; LUCIE ' I, an o[ficer authorized to take acknowledgments of deeds according to the laws of the State of Ftorida, duly qualified and ~ uting, HEREBY CERTIFI' that _ _ _ JAMES BLAIR and CORINNE BLAIR,_his wife to me penonally Icnown, this day personally appeared and acknowledged be[ore me that t~~ executed the foregoing Mort- Rage, and I FURTHER CERTIFY that I know the said persor~_~_ making said acknowlcdgment to be the individual described in and who racecuted t6e said Mortgage. AND I FURTHER CERTIFY that sa;d CORINNE BLAIR is known to me to be the wife of said - J~$ R1,QTR and that s6e this day acknowlcdged to and before me, uparately and apart from her said husband, that she executed the said Mortgage Dced for the purpose of renouncing and relinquishing her dower and rig6t of dower and separate esute in and to thc lands therein describcd, and that she executed the same [reely and voluntarily and without compulsion. constraint, appre- hlnsion or [ear of or from her husband. - IN WITTi$SS ~VHEREOF, I hereunto set my hand and official ual at FORT PIERCE uid County Z, , • f Q y day of - ~v A• 19~_- ~^+d ~r~Y • ~ Fll.~~'tiii ~?~~~..c~sp t - = St.LL'C;r ~,O~NtY fLA. - ~ ,,T ~ p5 0, Notary Public S te of Florida at I.arge s~~"Fut~"~~' F`.~:L*~V pt DAiE L _ ,1~,~~' ~ e~~~' p;_ C~ r, . c~E ~ NOTARr ~~ATE OF RORfQiI AT UIItGE • ~ MY OOMMISSION DIPIRES 11ARC!! 31, 197~. ~ ~::;~;o:~~~ ~IAY 21 3 02 75 o a ~ n ~ ~~~~~~E~~iZ BGOK~~7 PACf~~2J ~ ~ _ _ _ - - - ~ ~ ~.~W~ . , . ~