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HomeMy WebLinkAbout0148 ~ ~ . ~ i l3. 1t default be made in payment, when due, of any indebtalneu :ecured hcrcby, or in performance ot any of Mort- ~ gago~ • obligatians, covenants or as~eements hrrrunder: i (aj Mortgagee u authorised at any time, without notice, in its wle diu~etion to enter upon and take poasesiio~ ot the ~ premixs or any part thereot. to pertorm any acq Mortsaaee deems neceuary o~ p~oper to con:e~ve the security and to coUect and reccive aQ rents, iuua and pcofits theceof, includina those past due as w~ll a~ tAose ucruina therea[ter, snd ~ (b) Mortgagee ahall be entitled, as a matte~ o[ strict right and without regard to the ~•alue or occupancy of the iecurity~ f to have a rtcei~et appointrd to ente~ upon and take pouession of the premisa, col:rct the renu and pro~its therefrom and apply ~ the ume as the court may di~ect, such recoi~~e~ to have a!) the rights and power~ permitted under the laws oE Fbrida. In eithe~ such casc Mortgaget or the ~eceiver nuy alao takc posuuion of, and (or these purpoxs use, any and all personal property contained in the p~emises and used by 1?tortgagor in the re~tal or leasing the~eot or any part thercof. The expense (including tecriver's tcrs, counsel tea, co3q and agent's compensat~on) incuncd pu~suant to thc powero herein contained thail be securcd hereby. Mortgagee shalt (afte~ payment oi alt cwa and expenses incu~rrd) appiy such rents. iuua and profits received ~ by it on the indrbtednett sccured hcreby in such order as Mortgagce dctermina. Thc right to entcr and uke posseuion o[ wid property, to manage and operate the same, and to cotlat the tenb, iuuea and pro[iu thereof, whether by a receiver or otherwise, + s6a11 be cumulative to 'any other right or ~emedy hereunder or atfordcd by law, and may be ezerciud concurrently therewith or indepcndently thereo(. Mortqagee shall be liable to account aniy for such rents, iuua and profits actuaUy received br Mortga6ee. 14. I( the indebtedneu secured hereby is ~ow or hr~eatter further secured by chattel mortgaga. pltdga. contracq o( guuanty, assignmenu oE leases, or other securitics, or it the premis~s hereby encumtxred consisu of more than one parcd. " Mortgagee may at ib option exhaust any one or more ot said securitia and the security hereunder, or such parcela ot the security hereunder, either concurrently or independently, and in such order as it may determine. 15. No delay by Mortgager in exercising any right or remedy hereunder, o~ otherwuc afforded bY law, shail operatt at a waiver thereof or preclude the exercise thereof during the continuance of any dr{ault h~reuad~r. 1tio waiver by Mortgagee o( any default shall constitute a waiver o! or consent to subsequent defaults. 16. ~Vithout affectina the liability of any ptrson{ other than any person r~l~ascd punuartt Aertte) tor payment of any indebtednas ucured hereby, and without af(ecting the priority or extent of the lien hereof upon any pmperty not specifically released 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 Mortgagee: (a) Release any penon liable for payme~t of any indebtedness secu~rd herrby. (b) Extend the time or agree to alter the tenm o( payment of any o! the irnlrbt~dnru. (c) Accept additional ucurity o[ a~y kind (d) Release any pcoperty securing the indebtedncu. (c) Consent to th~ crcation of any easement on or over the premisa or any covenants restricting use or occupancy thereof. 17. Any agreement hereaftrr made ~ by Mortgagor and Mortgagee pursuant to this mortgage shall be superior to the tights of the holder of any intet~•ening tien or encumbrance. 18. Mortgagor hereby waives all right of homescead exemption in the property subject to this mortgage. ~ 19. The covenants and agreements herein contained shall bind and the benefits and advantages shall inure to tl~e rapeetive heia, executors, adrreinistrators, successon and assigns of the parties hereto. Where~er used, the aingular numbar shall include the plu~al, the plural the singular, and the use of any gender shaU bc applicable to all genden_ ~411 covenanb, agreements and undertakings shall be _joint and se~eral. In the event addiuonal numlxrcd covenanu arc (or convenience inserted en tlus mortgage tollowing the legal deuription, such additiona! covenants shall be read and gi~~en e(fect as though following this covenant in consecuqvt order_ " 20. Any deficiency in the amount oI such aggrcgate monthly payment shall, unleu made good by the Mortg~gor prior to the due date of the next such paymcnt. constitute an event of de(ault under this mortgage, At Mortgagee's option. Mortgagor will pay a"late charge" not exceeding tour per centum (4%} of any instaltment when paid more !han fikeen (IS) dap after the due date thereo[ to cover the exua espense involved in handling delinquent pa~ments, but such "late charge" shall not be payabk out of the proceeds oE any sale made to satisfy the indebtedness secured hereby, unleu surh proceeds are sufficient to dischuge the entire indebtedncss. ' ~ IN WITNESS WHEREOF, thc said Mortgagor 8 {~1.I.TA1'I HENBy and ANITA HABT CASH, t1~8 iT~.fE~ f hcreunto set~L- hand____ and seal-__ the day and year (irst above written. ~ Si , ed d liv r in the praence ot: • _ - ( Sewt, ) : ~~.x,C{!~. ` ~ ( Ssw~ ) STATE OF FIX3RIDA . AN~TA HART CASH u coutwrx oF ~ gt; Lucie I. an o(Ccer authorized to take actnowledgmenu of deeds according to the laws of the State oi Florida, duly qualified and acting, HEREBY CERTIFY that ~~+I~'I HENQY C~lSH ~IId ANITA HART CA$H~ ~8 W~fE to me penonally known, this day personally appcued and actnowlcdged before me that ezecuted the loregoing Mort- gage, and I FURTHER CERTIFY that I know the said perso?+ making said acl~nowledgment to be the individuat described in and who executed the said Mortgage. MtD I FURTHER CERTIFY that said ANITA HABT CASH E i is known to me to be t~e wi[e of said j~j i.i/~j j~j$y ('ASH and that ahe this day uknowledgtd to and before mq separately and apart from 6er said 6usband, that ahe executed the said Mortgage Deed for t6e purpw~ o! rtnouncing and rdinquishir~g her dower and right of dower and xparate atate in and to the lands thereen described, and that she eaecuted the same (reely and voluntarily and without compulsion, constraiat, appre- hension or Eear of or from Av husband. IN WITNESS WHEREOF, I hcreunto set mr 6and and o((icial ieal ac Fort Pierce ~d ~ sc~c~, ~ 16 -,r~~~ March D., 19~T. . , r . `j U12 .•~''~ti~=" MFs'-- . _ ~1 ' S~~~G,.~::,,•iY=~'~~A ~ QQ•''. NOTARY• ;y ~ NotaryPub' SuteotFloridaatLarae My commission expires_ _ = : ~~(~i : QIII.E L HAR~IIESQN, E.. `0 ` OFFICIAL : W~ NOTAH1f PUBLIC STATE OF FLOR:a? ~r u r~ ~ ~ ~ SEAL ~ ~ ~~I~ION DIPIRES wutcH 31, 1978. MAR f I ~ 1? PM b"`~oF~.•......•• ~,1~' ~ 1OR10~ f::+ ~.~JV ~1GE ~ . 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