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HomeMy WebLinkAbout2334 . ; ~ ' S 13. 1[ default be maue in ~~ayment, wlien dur, of any i~idebteJness sccured hcrcby, c>~ in performancc ot an~• of T1ott- { gagor's obligttions, coaenants o~ ag~eements hereundtr. ~ • (a) Afort~agee is authorizeJ at any timc, without noticc, in its solc discretion to enter upon and t:,-~e possession oI the ~ premises or any pa~t the~eof, to per(onn any acts I~fortgagce deems r.eccssary or prope~ to consen~~ tho security and to collect ~ and ~ec~~vc aii ~eot:, issues and profits the~eof, including those past due as well as those accruing thereafter, and ~ - (b) ASortgagee shal~ be entitlcd, as a matter oi strict right and ~vithout regard to the ~~aluc or occupancy of the secu~ity, to ha~•e a recei~•er appointrd to enter upon and lakc possession ot the premises, collect the rrnts and profits there[rom and apply thc samc as the court may direct, such recci~•cr to ha~•e all tt?c ~iShts a~id powe~s permiued under the la~ss o[ Flor~da. In eithe~ such case rtortgagee or die recei~~er may also take possasio~ of, and [or these purposes use, a~y and all personal ~ pr~~cy wniained in Ihe premises and used by I~fortsagor in the rental or leasing thereof or any part th~~eof: The expense ~ /including rec.i~~ei s iees, cQUnsel fees, costs and agent's compensalion) incurred pursuant to the po~+•ers herein contained shall . be secu~ed hereby, rtortgagee shall (:?fter p:?yment of all costs and expenses incurred) apply sucli rents, issues and pro[its recei~•ed by it on the indebtedness secured hereby in such order as \fortgagee determines. The riGht to enter and take possession of said ~ : propcrty, to manage and operate t}?e same, and to collect thc rents, iuues and profits thcreof, whcther by a recei~•er or otherwisq - shal; bc cumulati~•e to any othe~ right or remedy hereunder or a(forded by law, anii may be exercised concurrently therewith . _ or independe?~tly thereof. Tiortgagee shall be liable to account onl~~ fo~ such rents, issues and profits actually received by I~fortgagee. 14. I( the indebtedness secured h~reby is no~v or h~reatter further secured by chattel rnortgages, pledges, contracts of guaranty, assignments of leas~s, or other securities, or i( the premises hereby encumbered cons:sts of more than one parcrl, I~iorlgagce tnay at its option exhaust any one o~ more of s:+id securities and the security hereunde~, or such pa~eels o[. the stcurity hereunder, either concurrently or independently, and in such order as. it n~ay detenniae. - _ ~ , 15. 1\'o delay b~ :~iortgagee in exercising anp right or remcdy hcrcunder, or othc~wisc ~tforded by laN•, sh~ll opcrate as a waieer- thereof or preclude the exercise thereol during the continuance of any default hereunder. I~o wai~•er by rtortgagee of any , default shall constitute 1\Y11\'Cf OI or consent to subseyuent defaults. 16. Withou't affecting the liability of any~person( other than any persoli relcascd pursuant hereto) [or pay.nent of any indrbtedness secure~3 hereby, and H~ithout a(Eecting the priority or extent of the lien hercof upon any property not ~pecitically released pursuant h~reto, I~lortgagee may at any tirne and from time to tirne, ~.ithout notice and without i;~:~itation as to any legal right or pri~•ilcgc o! l~iortgagcc: _ _ - ~(a) Releasc any pe~son liable for pa~•ment of any indebtedneu secured hereb~•. (uj £xtend the time or aeree to alter the ternu of pa~•ment of any o[ the indebtedness. (c) Accept additional security of any kind. (d) Release any property sccuring thc indebtedncss. (e) Consent to the cre:[tion of any easement on or o~~er the premises or any co~•enants restricting use ar occupancy thereof. _ 17. Any agrecment hcrcaftcr made by I1lortgagor and ~fortgagce pursuant to this mortgage shall be superior to the rights of the holder of any inter~•ening lien or encwuUrance. ~ - ' - - - s ~ : 18. rlortgagor hereLy wai~•es atl right of tiomestead exemption in the property su'vjcct to this mortgage. _ 19. The co~•rnants and "agreements herein containecl. shall bind and the benefits and ad~•antages shall inure to the rtspecti~•e heirs, executors, administ:ators, successors and assigns of the parties hereto. ~1'here~•er used, the singular number _shall include the plural, the plural the singular, and the use of any gender shall be applicable to all Senders. r111 covenants, agreements and undertakings shall be joint and se~•eral. In the event additional numbered co~•enants are [or com•enience inserted in this mortgage , ~ foll~wing the legal description, such additional co~•enants shall be read and gi~•en e[[ect as though tollowing this covenant in - consecuti~•e order. - _ 20. Any deficiency in the ainount of such aggregate mon?hly payment shall, unless made good by the I1lostgagor prior to ths due date of the next such payment, conscitute -an event of default undcr this mortgage. At \tortgagee's option, Aiortgagor will pay a"late charse" not ~xceeding four per centum (4%a) of any inztall~nent when paid more than (ifteen (15) days after the . due da~.a thereof to co~•er the extra expense in~•ol~•ed ~n handlin~ delinquent paqments, but such "late charge" shall not be payable out of the prx-e~ds ot any sale made to satisFy the indebtedness secured herebp, unless such proceeds are sufficient to dischazge the - entire indebtedness. - S JA'rf~S BLAIF aiiu _i,^v_Fcii~?vE ~I.AiR._ i~is w7.ie l~i \i`11':\t5S \ti`t3EREUF, the said Aiortgagor hercunto set -~~X@and and seaL--_ the day and y~ear first abo~•e written. Sig , s ed a d'•cre i the prese?ice of: ~ '',J Jj~J' ~ ~ - ~ W~' ~'~'t~ ' . ~SEAL~ - - A~E BLAIR - ~ . - ~ •i.~/J CrC~ _~_~~1L~/v ~ SEAL~ . STATE OF FLO ina • ~ CORINNE BLAIR _ . 'ss . . COU~T~' OP ~ $T: LUCIE - ' I, an o(ficer authorized to t~ke ackno~sledgments of deeds according to the laws of the State of Florida, dul}• qualified and acting, FiEREB1' CERTIFI' that ~ ? JAMES BLAIR and CORINNE BLAIR,_,his wife- - k . to rne personally 1~nown, this day personally appeared and acknowledged before me that _~3z- execuced the foregoing Mort- - qage, and I FURTHER CERTIFY that I know the said person~_ making said acknowledgment to be the individual delcribed in and who executed the said Mortgage. ~ - f ' ~ AND I FURTHER CERTIFI' that said CORINNE BLAIR - is kr.own to me to be the wife of said -TAMRC RT.ATB _ and that she this day acknowledged to and befor~ me, separ.:tely and apart trom her said husband, that she zxecuted the ~aid - Mottgage Deed for the purpose of renouncing arid relinquishing her dower and right of doMer and separate estate in and to the lands therein described, and that she ezecuted the same freely ar.d volun:arily and without compulsion, constraint, appra htnsiun or fear of or from her husband. . - II\ WITNF~S$ ~1'HEREOF I hereunto set m hand and oflicial seal at - FORT PIERCE ~ Y , ~ Y said~C-0unty - a `-•1= ~ - . .3 . : day of Mav _ p. 19~-. r . ~ . O ~ i f - ;~~'~(~.1~y. .2 = - c t~.i ~~r..F:CEO ~ - ~ . _ - - - F~~_o rC~L'hjY fLA• • . .~a j%~' y~ ,~t; = Sj' F~'~;~r. :.,j:T?a5 0,~ ~'otary Public St te ot Florida at Large ! .tiy~~~`~'t~'•`~~~ Ct~F•, ~1~~`- DN.E L HARMESQN, - - J f? r . f~ r ~s r~.-..~~-- i10TARY PUBLIC STATE OF RORIDA AT LARGE ~ : , . . oi ~~tvtc`~ p~rf;~:^ iNT COMMlSSION EXPIRES - 3 ~ ~ 3 0~ ~H'~5 - ~ 3,, . '}i fl ~ - - - , .-~=~'~Q8~~2 l~~Y 2 _ a R ~ . , _ 80~~ ~3~ ~,,~~~329 - _ , ~ _ ;