HomeMy WebLinkAbout0399 t3. it detault be madQ in ps~naeat~ wLea dua~ oi aar indebtcd~es~ secured hereby, or ie pedornmance ot any ot titat• ~ .
`s~w'~ oWisatioa, covenanti ot a~eaa hueuadec: .
(a) ~toresaaee u authotited at aar time~ witbw~t ~otice, ia iu wk di~uetion W ente~ upoa and tske po~tioa o[ tAe '
premi~a w anr put tbereot~ to pectorm ~n~ acb l?to~aaee deaa aecewry or proper to mose~ve ti?e ~ecuricp and ~o c+oilece .
aad receive ail reab. i~ua sud pco(iq ehsreol, it~cludiaa t4o~e pa~t due at wt!! a~ thoa sccruira thenafter. and
(b) Mortaasee ~haU be eatitkd, ai a u~tter ot steict risht uid wielwut rssud w the value or o«upaner ot tbe ~ecwiqr,
to have s recaver appoiated w enter upon aud take r,owa~ion of the premisa, oollect the rcna aad profiq therdcoan aqd appiy
ebe wae a~ the court mar d'uect~ wch raeiver to !?ave aU the riaha and powea permitted under the taws ot Fiorida,
In ather ~ch case Mortaasee o~ ehe rcceiver mar ~lw take posussion at, and Eor tl~a~ pu~pose~ u~e. sny aad a11 p~~otial .
prope~tp coatsiaed ia the premi~a and used bp Mortaasot ia the rental o~ leu:na therco( or say part tlieceoL ?he e~peafe
(i~xlndiaa nceivePs fea, counsel fea, cosa aad ssrnt'~ compenutean) incurred punwnt to the poMrrn buein coatained shall
be secured hercbp. A[ort~aaee shaU (atter pa~t of all coaa and ezpenus incumd) appty ~uch rmti, iuuer aad protiu receivad
b~r it oa the iadebtedne~ ~ecuned herebar in ~uch ordu as Mortaasee detem~iap. Tbe riaht to eater aad take poaession aI ~aid '
p~opatr, bo maa~e and opente tbt same, and to oollect the read. is~ua an3 proiiu thereof. whether bp a recdver o~ ot6erwi~e,
shaL be cumutative w any otAer ria6t or remedr heaunder or attorded by law. and may b• e:erciud concwrentl~ therewith
ot independeatlr thercof. Mortaaaee shaU be liable to scmunt onlr for suth Knb, iuua and pro[ib utuaUr ebceived bp Mort~ee.
14. If tl~e iadebtedneu aecured 6ereby ia now or hereattu tunher senired bp c!?attd mort6a6e~. pkdaet, ooptracb of
suuaatp. assi~ments of leata~ or other tecuritia, or it ehe premises herebp eacumbered consisb oE aare than oae p~rtd~
Mortga~ee may at its option e:ha~ut aay one or more ot said securitia and the securitp hereunder. or such parcel~ oI the ~ecuritr
6ereunder, ei~her ca,currenQy or iadependendr, and in :uch order a~ it may determina
lS: No ddsy br Mortgxgee in exerciun6 anr right or ~rxnrdy hereunder, or ot6erwi~e aftorded b~r law, shall operate as a
waiver thereof a predude tbe exenise thereof during the continuance oE any detault hereunder. No waiti~er ~ Mortgasee o( snr '
de[ault .~h~l! constitute a waive~ o[ or consent tb aubs~qucnt detaults.
. l6. Without a[[ectin~ the tiability of any per~oa( ocher ~ tl~aa a,~r ~~soo nk~ ~oanc ~enw~ tor ~,a~c ot anr
indebtednat secured hercbr, and without a[tectir?a the priority or extrnt of the tirn hereot upw~ anr propertr not specifiullr
reiesstd punuant hereto. Mortgasee auy at an~ . tia?e sr~d fraru time to time~ without notice and without Umitation as to an~ -
leaa) right or privileae of Mortgagee:
{a~ Reka~e any perwn liable tor papment of any indebtednen secund hereby, '
(b) Eutend t6e tirbe or ~ree to alter the terrtu oE payment of anr of the indebtedneas. , "
(t) Atupt additiorul securitr of any kind.
_ (d) Release anp propertr securing t6e indebtednas. '
~ (e) Con~nt to the creation oE any euement on or over the premises or any covenants ratrictin~ use or occupancr thereot.
17. Any agrceauat hereafter made br Mortaagor aad Mortgagee punuant W tha mortgage shall bc :uperior to the ri6hkts
of the holder oI anr intenening lien or =acumbranca
18. Mortgagor hereby waiva all right ot l~omatead exemption in the property subject-to this mort~aae. , .
l9. The covensnu aad aareanenp hurin coauined sha11 bind and the bendits and advantaaa shall inure to tlte rapective
heirs, executors~ administrawrs. successon and assigns oE the partia heteto. Whereva uscd, the iinaulu number shill include " ~
the plural, the plural the singular, and the use of anr gencier a6at1 be apptiudk to aU ~enders. Al) ooveaanit, age~enb aad
undertakin6s shall be joint and uveraL In ihe evmt additioaal numbercd covenants uc -[or convenience in~ertcd in tbis mort~ase
tolbwin~ t6e lesal dauiption~ such additional covenanu shall be read and aiven etfect as though folbwin~ tl?is covenant in
consecutive orda. . ~ _
20. Any d~cieoqr in the auwant of such ~ggregate moatbly payment shaU, unlas made good br the Mort6~t?r prior bo
the due date o[ Ihe ne:t such paymenc~ consticute ~an evmt of default under this mortgtga At Mortgagee's option. Mottaaanr wil)
par a••late char~d• not ezceodins tour pu cmhun (S%) of ar?y instaliment when paid mon thaa fdteen da~ atte= tLe
due date thueof to oover the extn a~pense invoived ia 6andling detinquent payimats, but such "late charge° not be payabk
out o( the proceed! of any sale made to satiWEr the iadebtednds tecured hereby, untas suc6 pcoceeds ~re suf6ciwt to di~cha~e t1u
entire iadebtednas.
1N WITNESS WHEREOF. the said Moit6agor-~.-, R7(',~j~~_8~_j,~~,'~(;g~ hiia fg _
henunw set x~_ 6an~._ and ~ea1 Q the day and ~eu (irst above wri«~,. 32~1 ~2
s;~, ; k , ~i,rc th~ p~eseM~ of : ,
IIED 4N~ HECO K~
~ ~ TC~ ~/L- - ~ IiOGER F~IIRAS
~ Q.C CIERR C!RCWT f~Ty.~,~ ~`,~"y~,,
STATE OF FLORIDA . L ~ p~T~$ R • ~~i:~ ~
~~~.oF ~ St: Lu~~ FEe 1~ 2~o PK'7i
I, an o[ficer authorized to take acknowkdgmtnu ot deeds according w the laws of the Sate of Fbrida, dulr qualiiied and
acting, HEREBY CERTIFY that RICHARD NATCH and LYNDA AATCH, his vife ~
w me peswnaUy known, thu dar persoaally appeued and aclwowledged before me that ~hT_ executed the f
gagc, wd I FIJRTHER CERTIF1l tbat I l~row the said •a+ makin said acknowl
1~ 8- B edgment w be tbe ir~dividu~lg
dauibed ia and who acecueed t6e iaid ~dortsMe. ~ ~
AND I FURTHER CERTIFY ehae said __LYND~_~TC$
is tnawis w me w be the. wife of said RICHA$D HATC$
and t6at ~6e titis dar ad~nowled6ed w and before me, iepuaulr and apart imm her uid busband, ehat she acecuted t6e iaid
Mortdage Dsed tor the ,purpcwe of renouncins and rdinquiihina her dower and riaht oE dowec ud ~e
puate atate in aad
w the lands therein dauibed, and that ~e etecutad tLe ssme freelr and voluntarilr and without sompuluon, constraint. appre~.
hemion or tear oE or from her husband.
r~ •
~ 1N WITNESS WHEREOF. I hereunto ut mr hand md o[6cia1 ual at Anrr Pter~'
snd State, ~his 13th d,r ~ Februarv A. 19 76 ; ~~r•• ~Cr~,.~~MF'••~~
' P~' OT R r s°y~
wr ~o~;~on _ N~r ~bu~ Sa or F~i~ ~t t.~IClal.
QIII~ ~ wu~aESOx. ~f= SEAL .
{,ts ~Zt7 NOTARY PUBLIC STATE OF FLORIDA AT
•:'1 L~(~Q M1r C0~1b!! !AR(~E ~
G ~ iar ss~oM ac~ra~s wu~u+ s~, iatt ft DR10~'
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