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12. It is further stipulated and agreed by and between the parties that the Mortgagee shall have the right to exercise
any option or privilege herein gives or reserved sad to enforce any duty of We Mortgagor at any time without further or S
other notice regardless of any prior waives by 1[ortgagte or default of Mortgagor or delay by Mortgagee in exercising any {
right, option, or privilege or enforcing such duy of Mortgagor. sad no waiver by Mortgagee of default of ktortgsgor nor de- ~
lay of Mortgagee is exercising aWr right, privilege, or op~
on or in enforcing any dugr of Mortgagor shall be deemed, held, or ~
construed to be a waiver of any of the terms or prorleiow of this mortgage os of any subsequent default. ,
lg. It 4 further covenanted and agreed that M at any time in the option of M a reaivenbip may be necessary to
protect the mortgaged property. or Ib rents, tawea, profits, et+ops or produce. whether before or after maturity of the
indebtedness hereby secured, or at the time oI os after the institution of suit to collect such indebtedness, or to enforce th4 i
mortgage, Mortgagee shall, as a matter of strkt right and regardless of the value of the mortgage securifry for the amounb
due htnunder or secured hereby. or of the solvency o! soy pargr bound !or the payment of such indebtedness, have the right
to We appointment oa is pane applic~tioa, and without notice to anyone, by aWr Court baving f urlsdiction, of a receiver to
take charge ot, manage. preserve, protect and operate said properq?. to collect the rent. Lsua. pprotib and income thereof,
to sell and delives all crops and produce growing or grown sad produced on laid premises. to fertilise and care for any groves
oa said land. to mab all necessary and needed repairs„ and to pay all taxes and asses:menb against said property and incur
ante premiums ioe insurance thereon and att~ the pa0?meat of the expenses of the receivership and management of We
property to ripply the set proceeds is reduction of the indebtedness bsr~eby secured or in such manner as the Court shall ~
direct. Such reeei shall, at the option o! Mortgagee. continue until full payment of all sums hereby secured. or unW t
title to said propetrty~a~ have passed by sale tinder fhb aartgap.
14. It 4 covenanted and a~resd that the terms "Mortgagor" and "Mortgagee" for convenience benia employed. and any
pronouns used in connection therewith; shall be tonatruad to Include the plural as well as We singular number. and the
masculine. feminine and neuter gender, whenever and wherever the context so admib or requires: and that all covenants 's,
and obligations of the respective parties hereto shall extend to and be obligatory upon their heirs, legal representatives,
successors and assigns.
1S. This mortgage and the obligation hereby secured is subieM to interest modification >.t the end of each one year period
and the bolder of this mortgage reserves the right to modify the interest so as to equal the Wen prevailintt interest rate of the
Mortgagee above named, provided written: notice shall be given to the mortgagor of such change st least thirty (30) days prior
to such revision.
IIV w1TrlFSS WHEREOF Mortgagors have hereunto set their hands and seals
the date aforesaid.
Signed. seal d delivered in the praenee oi: ~ -
(SEAL)
ar es G. Br ge~c
,3` (SEE. L)
Mary Bridges
STATE OF FLORIDA i ~ -
cOt7NTY OF MANATEE
I IIEREBY CF.RTIP7f, That on Wt: 14th ~ day of April 19 8U ,before me,
Charles G. Bridges
the uadersi~aryu~odt~ e
y appearr ~
and ~ hb wife. to me known to be We persons described in ~ap~'~W `
their. ,
executed the foregoing instrument, and severally and duly acknowledged We ezecution thereof to be -
and deed for We uses and purposes Werein mentioned. ~ :
1, '
FITNESS my hand and official seal We date aforesaid. ,
483460 ~37~'''~~b-~~~
i - -
X80 APR 18 AH 9.59
FE CoitDt D Notary Public for Rotary ~tatb ~ ~ ~ -
F# EO'N~ iY ft A. Ml? Cassnssaa Ezpnes Asq. 22,19t~ ~
5 . UCIE OtAt
OGER POITRAS ao.a.e h w~ fin a cnwrr G.wr
gLERK CIRClNT CO'JR _ My commission ezpires_ -
REtOR~ VERtF1E0~ -
STATE OF FLORIDA,
ss.
COUNTY OF f
I HEREBY CERTIFY, That on Wis -day of 19 ,before me,
the undersigned auWority, personally appeared_ 1
and r-~ to me known to be the persons described in and who
s executed We foregoing instrument as - and ~
respectively, of
a corporation, and who severally and duly acknowledged We execution of such instrument as wch officers aforesaid, for and S
on behalf of and as We act and deed of said corporation. for We uses and purposes Werein expressed. pursuant to authority
lawfully conferred upon Wem by said corporation; and that the seal atfued Wereto is We true and genuine corporate seal
i
of said corporation. z
WITNESS my band and official seal the date aforesaid.
i
i
Notary Public for
TAis IsstrsMe r
KATHERINE Ci-.`~
S
Waf side N My commission expires
p t) ~ioRal gam