HomeMy WebLinkAbout1102 14. If tho indobtaclnes~ seour~l heroby is nuw or hetroattor further Reaured by ohattel mortga~,•es, placigas, oontraota oi
gueuanty, as,iRnments of icx?sas, or othnr sciouriticc~, or if tho premiaaq h~~roby eneumber«i oonaisis ut moro than ono parcel,
\4ortgagee may at ita optioii exhaust c,ny ono ar more of said aoourities und the security hereuudex, or sueh paroels of the
sc~et~nly hereundor, eithor oouaurrently or indopendontly, and in suat? order as it mny determine.
15. iJpon r~uc+sG of hiort,~agor, Diortgaf,roe may, al, ita sole option, froiu time to time be[ore full paymont of aU indebtod-
ne~s soournci neroby, mako turther advanoc~ to biortgagor; providod, howev~r, that the total prinoipal seoureci hereby and remain-
ing unpaid, inoluding any euoh advanoes, ahaU not at euiy t~mo ezoeed the on'~ nal prinoipal sum seoureci heroby. Mortgagor ahall
oxecuto and dolivar to 1liortgagc~e a note evidenoing cu4oh and every euoh f~rther advanee whieh bsortgag•ec~ mey make, suoh
nota to bo payable on or be
oi re maturity ot the indobtedness seoured hereby twd to ooatain suoh terms ax Mortgagee ehall
requiro. 111ort~;or sh~ll pay all auoh futthec adv~necas with intoreat, and the sa,-ne, and oaoh noto eviden m'ng the same, ahall
bo seoured hocoby, All provieions of this mort{~o shall a ply to cjaoh furthtu advanoe as well ua to all othc~r indebtsdness
~a r
sc~ouretl hereby. Nothing heroin oontainad, however, s6 ! limit the amount soourod by thie mortgage if suoh atnount ia
inarpased by advenoas me~de by riortgagee, as herein elsewhere provided tor to proteot the soourity. Tlie word "Mortgagor"
ns usecl in this paragraph, inaludes any suoeesaor in ownerahip of the premises.
16. No delsy by Diort~agee in exaroiaing any ripht or remody horeunder, or otherwise afiordod b~yla-v, shall operate as a
wniver thort~of or prec+lude the ozeroise thereof dunng the continuance ot any default hcjreunder. No waiver by Mortga~oa
o! any default ahall conatitute a waiver oi or consent to eubsequont de[aults. No tailure ot Mortgagee to oxeroiso any option
herein gi~en to aocelerata maturity of tho debt hereby seourod, no ioe~Oaranee by hiortgagee before or etWr the exeroise of
suoh option and no withcirawal or abandonment of forcwlosur3 proceeclinga by Mortgng~e ahall be iaken or esonstrueci as a
waiver of its right to eac~raise suoh option or to a~cc~lerate the maturity ol the dobt herebp seaured by raason ot any past,
present or tuture default on the part of blottgagor; and, in like manner, the proouroment of insuranoo or the payaient of taxos
or other liena or oharges by riortgagee shsll not be takon or oonstru«i as a waiver of it9 right to acoelatata the maturity of
the debt hereby seoured.
17. \Vithout affaeti?ig the liabititp of Mort~ or or any other~e rson (except any poraon oxprc~ssty released in writing) [or
payrnent ot any indebteclnes3 seeurc~cl herebp or for per[ormanoe of any obligation eontaineci herein, and without affeotinR tha
ngncs oi i~ior~agee wiin respeo~ u? any secur~iy not expressly rolc+asseci in «•nti~ig, n3urtgai;c~a may, at any time and Irom time
to time, either before or atter the maturiLy of said nota, and without notice or consent:
(a) Release any person liahle for payment of all or any part of the indebtedness or for performanco of any obligation.
(b) Make any agrcjement extending the time or otherwiso altering the tarms of payment of all or any part ot the
indobtedn~s, or modifying or waiving any obiigation, or subordinating, modifying or otherwiso det~ling with the
lien or chatge hereof.
(c) Exercise or relrain from e.~eroising or waive any right `iortgagee may heve.
(d) Accept additional security of aoy kind.
(e) Release or otherwise deal with any proparty, real or personal, seouriug the indebtednass, inoluding aU or any part
of thc+ property mortgaged hereby.
18. Any agreement horeafter made by Mortgagor and Tiortgagee purauent to thia mortgage ahall be superior to the rights ot
the holder of any intervening lien or enoumbr~anoe.
1fl. biortgagor hereby ~aives all right of homestead exemption in the pruperty aubjeot to thie mortgage.
20. The covenants and agreements herein containeci shall bind and the bene8ts and advanta~es ahall iaure to the respecs-
tive heirs, eatecsutors administrators, sucees,gors and assigns of the pa~rti~ hereto. Wherever used the aingular number shall
inatude the plural, t~e plural the singular, and the use of eny gender shall be applicable to all gendera. All covenante. agree-
monts and underta}angs shall be joint and saveral. In the event additional numbered oovenants are for convonience inserted
in this mortga~e followin~ the legsl desoription, suoh additional oovenants ehall be read and given sBeot as though following
thi~ oovenant m ooneeout~ve order.
7Tl WITNESS ti~REOF~ ~he said t.or~bagor htts set 2iis hand and seal the day and
year first above w!•itten~ _ /
Si~ned~ Sealed and ,7elivered in the ~~/~~Jj (SEAL)
pr ence of us: . H. L. Curry
. ,
. ~ L~i~ti ' ( SEAL)
' ~ ~r ~ _ :~r on B. Curry
STATE OF t~[~ .
COUNTY OF ST. LUCIE
I~~:REBY CEt~TT~'X that on this datiy before me~ an officer duly suthorized in
the County t~nd StatE aforesaid to take acknouled~nents persan~zl~y appeared
H. L. CURRY and 2•SARION B. CUR.~{Y~ his wife
to me known to be t.he persons described in and k~o executed the foregoin~ A~artgage
and they acknowledged before me that they exec same. ~
~WITNESS r~y har.d and official seal in e C St e].ast aY'oresaid this
~f
~ da~y of January, A. D. 1966.
2•fy Ca~mnission e~ires :
MOTARY PUBUC STATE ot FL(~RIDA at LARC~ ~T ~ C~ _
. , MY MISSION QXPIRES !(PRIL 8, 14SG ~ ; { ~
' ~Oli TNROWN ~~[D W, pl[lTit6kORir _ ~ ! ~ ~ ~
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