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HomeMy WebLinkAbout0058 ~ 14. it the indebt«in~s scwure;i hcreby ie now or hereattor further secsured by ohattel mortgng~a, pledg~~e, oontraata ot ut?ranty, a.s3ignmenta of lciast~, or other socuritiee, or if tho promieos haraby enoumbered coneista of nioro than one purcel, ?r iortgag~a ~nay at its uption oxhsust any ono or ~nore of st~id se~ouriti~v and lhe seourily hereundor, or suoh pu~Ls of tha soounty hc~oundc~r, oithor concurrently or indepondontly, and in suoh order aa it may determine. 15. Upon rec~uest ot hiorlgagor, Mortgegee may, at ita sole option, trom time to tirne betore [ull payment of all indebtod- nc~ss soourcxi hereby, make turther advenoes to I~iortgagor; providecl, howover, Lhat the total ptinaipal aeoured hereby and remsina ing unpaid, inoluding any suoh advanoea, ehall iiot et any Ume exoeeci the oe~'g~nsl prinoipal eum saoured hereby. Dsortgagor ahall exeoute and doliver to Mott~ee m note evidenoing eaoh and every suah turther advanoe whioh Mortgsgoo msy muke, suoh note to bo paysblo on or betore maturity of tho indabtedness seoured hereby and to oontain suoh terma as hiortgagee shell rc~quire. Tiortgagor ahsll pay sll auoh further sdvanoc~s with interest, anJ the sune, and eac+h note evidenou'~g tho same, ahall be saoured hereby. All pronsions o[ thie mortgage ahsll epp~y to eaoh [urther advanoe ae weL ~s to ell other indebtodneas seour~i 3?erc~t~y. i~Tuthing herein cwi?taintxi, itowev8e, etieit timit ihe amoant seoureci by i,his mor~'ga~go u suoh amount u inore~secl by advanues made by Diortgagee, as herein elsewhero provided for to proteot the seourity. The word "I~tortgagor" as used in this paragraph, invludes any suocessor in ownorehip ot the promisea. 16. No delay by Mort.ga8ee in o~eroising a,ny ri~ht or remedy hemunder, or otherwise atYorded b~ylew, ah~ll operate as ~s waiver thereof or preolude the oxeresise thereot during the continuance ot any dstault horeunder. No wsivpr by Mort ot any defsult ahall constitute a waiver of or consent to subsequent defaults. No [ailure of Mortgsgee to eaetoise any op~o horein given to socelerate maturity o[ the debt horeby soaured, no torbe~ranoe by Mortgagee before or after the exero~se oi suoh option and no withdrawal or abandonmont of [oreolosure prooeecling~ by Mort.ga~e~ ehall be taken or oonstrueci as a waiver of its right to exeroise auoh option or to accelerate tho maturity of the debt hereby aeourad by reason of any paet, prasent or future default on tho part of Mortgagor; and, in like manner, the proouroment of insuranoe ur the payment of tax~ or other liens or uhargos by Mortgagee shall not be taken or oonstrual sa a waiver ot its right to a~oc~letate the maturity o! the debt hereby seoured. 1T. ~Vithout afteoting the liability of Mortgagor or any other~e rson (axcept any parson expressly rule~sed in writing) for payment of any indebteclness securcxi hereby or for parformanoe oi any obli~;ation contained horein, and withot~t affeoting tho r~ghta of Mortgag~e with rospeat to any seourity not expressly relsasect in ~riting, Iliortgagee may, st any time and from time to time, eithar before or after the maturitp of eaid noto, and without natice or conseht: (a) Rc~leasa any person liable for payment of all or any part of the indebtedn~ss or for pertormanee oi any obligation. . (b) biske any agreement axtending tLo timo or othera•ise altering the terms of~payment of sll or any part of the indebtsdn~s, or moditying or• weiving any obligation, or subordinating, moditying or othsrwise dealing with tho lien or oharge hereof. (o) Exercise or retrain from exeraising or waivo any right `iortgagee msy have. (d) Aocc~pt additional security oi any kind. (e) Relea~e or otherwise deal with any ptoperty, real or personal, socuring the indebtcxiness, inoluding all or auy ps: t of the proparty mortgsgcxi hereby. 18. Any egreement hereafter msde by MortgaEgor and Diortgagee purauant to this mortgage shall be superior to the rights of the holdpr ot any intervening lien or enoumbranoe. 19. Mortgagor hereby waives all right of homestead exemption in the property subjeot to this mortgage. 20. The covene~nts and agreements herein oontained shall bind and the bene8ta and advantages ahsll inure to the respea- tive heirs, exsoutore, edminieEratora, suc~cessora and assigns of the patties herato. Wherever used, the aingu18r number shall inalude t~he plural, the plural the singular, and Lhe use of any gender shall be applioable to all genden. All oovenants, agree- ments and undertakings shall be joint and several. In tha event additional numbered covenants are for oonvenience inserted in this mortgsge followin~ the legal3esariptiou, suoh additional oovenante shall be read and given ePfeot aa though following this oovenant in csoneeoutave order. IN WI~~ WF~REOF~ the said Mortga~ar has set her h~uud and seal the 3ay and year first abo~re uritten~ Si~ned~ Sealed and Delivered in the (3EAL pre$ence of us: J e ax° . . ~Ll , , s C ST. Lt~IE I~RE~Y CPR~iF'Y that an this dsy before me' an officer duly aut.hori zed in tl~e~ , . „ Couaty and State aforesaid to take aclrnoxled~ents personally sppeared . ~ ~ • ~DY~CE GOLDFARB ~ a srido~t?r _ : , r_ ~ - to me la~o~m to be the person describee~ in and ~o executed the foregoing ~~~ge; . and she ackno~rledged before me that she ex~cuted the ame. ; c', ~ , : _ r r, . 2~t'IT1~SS m4r hand and of'~ieial sea]. in arid S~a last a~ore~~ic~ t~~B da~y of January ~ A. D. 1966. , . 2~yr Cc~amission expires: NOTARY PUBUC STATE ot FLORIDA tJIRGE ~ @ O~ Z•j, gt Rg MY COMMI SION EXPIQES AF'RIt, 8. 1966 , ! ' .se DONDLD TN W/0M !R[i~~#~[.jy i~~ ' ~ _ ; ~ ~ . E 1, , ~ a ; , ~i o Z; • ~ r i ~ ~F1L i N ECO DEQ c~, ~ ~ ~ = A ¢ ,x i E 8~ 300 ; o = : : a. ~ ~ ~ ' - ' ~ ~ g = ` ti ~ i " : i.. ~ ~ a ~ ~ ~ t~,: Za ~ _ ~ i ,4 - ~ - > ~ . ~ ~ ~ ~ ~ ; ~ ; ~ . ~ , - _ o ~ ~ - : _ t - ~ ~ . ~ ~ ~ ~ a f~ ( : ~ LE R s ~ _ ; . . ; , C ROG~~i ' I i it~?~. C . 4;.~~ ~ s~ i ~`E ~OUNTY. ' ! ~ . • ~ ~ ~ 51'. 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