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HomeMy WebLinkAbout0670 f i ~ - IZ. It la tuttbsr stipulated and agreed by sad betwess the parties that tM Mortgsges shall have the right to a:ercise say optrt,n or privilege herein given or reserved sad to enforce soy duty of the Mortgagor at any tlnrs without Luriber or usher notice regardless of say prioe walvtr by Mortgagee or default of Mortgagor oe delay by Mort ages is exercising soy right. option. or privilege or enforcing such duty of Nortgagor~ and ao waiver by Mortgagee of deta~t of Mortgagor nor de• lay of Mortgagee in exsaislag say stgbt~ pdrUep. or or la soforciag say duty of Mortgagor abaU be deemed. held, or construed to be a waiver of say of tM terms os pr~ri~aooa of this mortgaN or of aaY wbsequeot default. - IZ. It b lumber eoreaaattd and agreed that M at say tlast is tbt option of Mn1ptN a recslrenblp may be aecasary to protect the mortgaged proptrty~ or 14 rents, faalsla. routs. crops or product. wbttbsr Osfore oc sltse maturity of the indebtedness hereby secured, oe at tM rims of or after t~ fastitutioa of sWt to eoUeet sorb ladebtsdaesg, os to enforce this mortgage Mortgagee abaU, as a matter of atrtet slgbt and rsgardlas o! the ralut of tM mortgage security toe the amounts due hereunder oe sswred btnby. or of tba wlreeey of say party bound for the payment of such Indebtedaea. have the right to the appolatmsnt oo ex parts applklrtloa, and without aotiee to asyoae. by say Court baviag ~tuisdictioa. of a receiver to take charge of. manage. preservs. protect sad operate Bald propsrty~ to collect tbs seats. lawsa, pprofits and loeoms thereof. to sell sad delivtr aL crops sad product growing oe grows sad produced oa (aid premises, to ierWite sad can for say groves oo said land, to make all oeetasaty sad ateded rspain, sad b pay all taxes sad aaaamsats against Bald property and iaur- ance premiums for lnsuraace Weseoa sad after the payatsat of the expenses of the reaivenbip sad maaagemeat of the ' propergr to apply the set proceeds is rsduetioa of the bsdebtsdneaa bsriby second or fs such manner a the Court shall i direct. Such saslversbivv ahaQ. at the option of lllortsagss. eoMfoue rmW full payment of aU wan benby accrued, or until Title to said property shall bars pasted by sale trader tbla mortgage. 1~. It V cowaaated sad agreed that the teems "1ortgagor" and "Mortgagee" for toarealeate henla employed. and any pronouns used la connection Werewitb~ shall be eondrued to Include the plural as well a tbs singular aumber~ sad the masculine. temiatae sad neuter gender, wbeaerer sad wbenver tbs context to admib os requires; and that all covenants sad obligations of the respective parties hereto shall stttead to and be obligatory upon their 6ein, legal nprestatatives~ successors sad asalgaa. 13. This mortgage and the obligation hereby secured is tuAfeet fn interest moth/ieatfon at the end of each nne year period and the holder of this mortgage reserves the right to modify the interest so as to equal the then prevailing interest rate of the Mortgagee above named. provided written notice shall be given to the mortgagor of aucA change at least thirty (34i days prior to such revision. ' W W11TdESS WIIERFAF Mortgagor has hereunto set his hand and seal t n 0 the date aforesaid. v Signe sealed a d delivered is the presence ot: ~ (SEAL) harles~. dges , a STATE OF FLO~NATEE ~ ss. COUNTY OF ~ I HEREBY CEItTIP'Y. That oa this 11th day ~ ' July , lD 8U , t.e:~,re me, ! the undersigned authority. pertoaaUy appearM Charles G. Bridges '7 and _ Mary F. Bridges his wile. to me known to be the persons ~:r•:r,bed ID sad wb0 F~:ecuted the foregoing iasttumeat, sad severally and duly acknowledged the esecution thereof to be__. their free act and deed for the uses and purposes therein mentioned. t~ VtiITNESS my hand and official seal the date aforesaid. ~ ' ~ ~ ' r s ~ f ILED a C 6t:C ROEO Notary Public for ~'~~'OLLe~ei ~ - fl t" ~ ~ y v? ' • 3L 411_C! COUMI~Y. F A. ~ • . ~ ~ iT~ ~ TCtAI~t NpUtY r/aLIC STATE OF cl_OtI0J1 AT L/MfA; J~ : ~ ~~~,,,,^~~fi'' My commission expires {~~~_.~to~2-. '•.,;.(^••r,,.`.~~t~.'3`'~"' tiE'OOPO~'ERIfIEA ~p~p 1MR4J CAldAlll IttiS. 1~ftWllitAS STATE OF' iFIwRIDA, 4~ati3G4~S3 ss. t COUNTY OF I I HEREBY CERTIFY. That on Wis day of . 1D . ,before tree, the undersigned authority. personally appe•*+~ and to me known to be the persons described in and who i ' executed the foregoing inattument ss and i respectively. of a corporation, and who severally and duly acknowledged the ezecution of such instrument as wch otficen aforesaid, for and on behal[ of and as the act sad deed of said corporation. for We urea and purposes therein expressed, pursoant to authority lawfully conferred upon them by said corporation; and that the seal aUised thereto is the true and genuine corporate seal of said corporation. WI1T'ESS my hand and official seal the date aforesaid. 4: 1. I Notary Public for TWt li>strament Prepared ey s KATHERINE 1. GIVENS My commission a:pig _ Walside Ptatiorlsl f3sak P. a gm tt~~cc~~ . Fl01~ ~Ot B~MK Je)5 PAGE 1JU9 ~ , <~;