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Home My WebLink About0915 . ~ R ~ # _ _ _ _ r..~.~ " __._.~~..~~.~~~~~~___~~..~~~_J._~~ 4 ~ 3 • g j ' ~ ' 17. U detault be inade in paymeat, when due, ot any indebtedne~s sec+~r~d 3e~y, or in the ~~p~aaae ot any of I~ortgagor'a obli- gations, oovenan4 or agteemen4 heteunder: , ~ (a) Ir[ortQ~gee is tutho~ri~ed at aqy time. wit}wut nolios, ia it~ ~ole di~cretion, to entar upon aixl take posseasion ot the premiaes or ' saY Part tbereo[. to pertorm any aet, ltortgagee deema aeoe~aary or proper to oon~erve the ~eeurity aad W collect and reoeive all renb, ~ issues a~ proSts ehcreot. including thw~ past due as well as tho~e aocruing tbereafter. a~ (b) Mort~agee shall be entitled, as a mutter of atrict rig6t a~ witlwut~g~ to the value or oocupsncy oi the security. to have a reoeivor appo~atr~ to enter upon aad lake poMession at t6e premi~es. oolleet tbe renta and proflta Werefrom and apply the eame as the _ oourt may d'inct. sueh reoeiver W have all tbe tigbts std powen permitted under the lavn of Florida. In either such case M~~ce or the reoeiver may elso take po~eaaion of, and fot these purpores use. a~y snd all per~on~l p:operty ; oontiined in tbe premises anduaed by Maatga$or in the rental a~ leasing thereof ~ any part t2~ereoi.'Ibe e:penee (incl~ reoeiwr's teea counsel fe~, oo~b a~ agent's c~npeneahoa) incurred pursuant to the pmren herein oontuned ahall be secured htir~i;y. ..:.,:.s- W:.~;: ~ (afterpa yment ~ all oosb and azpenee~ incurred? apply such rentt, iesues and pro8ts reoeived by it a? tbe indebtedne~s seeure~ 6ereby ~ in such arder u Mortgagee determines. 'lbe right W enler and iawa p~,~easion ot aaidproperty to manage aad operate the same aad to ooUect tbe nnb. ia~~ and pro8b thet~of. whether by a reoeiver ~ ~the~wise. ahall be eumu{ativa to sny o~er t or reme~y here- ~ under or aSocded by law, and may be s:er~cised eac~cure~entl~Y therewitb or independendy tbetaof. I~ortgagee shall~ lisbls ta ~ooount aily for such renb, is~ues and pe+oflta actuslly reoeived bp Ma~t~agee. 18. Witlwut aHecting tbe liability ot M~ t~agor or any other Qereon (esoept any persoa e:preasly released ia writ' ) forpayaneat of any indebtednees securedhereby ~ for t6e r(or~anoe ot any obl?gation oontained hanin, and withOUt asecting the n~ta of M ~vith respect W any seeurity not ezpre~sly released in ~vriting, Mortgagee may, at any time and trom time to time, either befon or ter the matunty of ~aid note, aad ~vit~wut notioe ur consen~ ~ (a) Rslesee ~ny person liable tor payment ot all or any part of the i~ebtedne,as or for performance of any obligation. (b) Ma~e any agreement eitending the time or otherwiae altering the terms ef•payment of all or any part of the indebtedneas. or IIIOdifylIIg OT ~Y81Y1I1$ iDy ObU~dLlO[I, or eubordinating, modifying or other~vise dealing vinth the lien or ~.,d so ~ ` (cl E~cercise or refrais from eze~cising or waive any ri~ht Mortgagee may have. ~ (d) Aoapt additional security of any kind. . ~ (e) Release or othenriee deai with any ptaperty, real or personal, securing the indebtedneae, including all or any part of the ~ mortgaged premises. ~ 19. If the indebtednesa seenred he~u now or hereaf tes fuslher secured by chattel mortgagea, Pledgea, contracca of guarancy, asaign. ments or leasea, or other securiti~, M+f premises hereby eneumbered consist of more thaa one parcel, Mortgagee may, at ita option, e~auat any one or more of said securitiea aud the security hereuader, or such parcela of the mortgaged premiees, eitLer rua^urreatly or I independendy. a~ in such ~der aa it may determiae. ~ 20. Notwi ng any pmviaion ~re~n. or in the note secured hereby, or in any ather instrnment now or hereafter securin~ eaid note, the totel liab~ of Mortgagor tor paymeqfe in the nature ot interest shall not ezceed the limita now permitted by the appUcable ~ State law. ' = 21. Any agreemeat hereafter made by Mortgagor and Mortgagee purausnt to thia mortgage ehall be superior to the righta of t~ holder of any intervening lien, charge or encumbranae. 22. No delay by Mortgagee in e:ercising an~r right or remedy hereunder, or otherwise aff orded by law, shall operate es a waiver thereof or prectude the e:ercise thereof during the cantanuance of any default hereunder. No waiver by M af any defaulc ahall constitute ` a waiver of or oo~~~* subeequent defeulb. Every t and remedy p:o~rided in thia mo~q~ a~cumulative of every other right ' or remedy of b[ortgagee, whether herein or by law ~rred, and may be enforoed ooncurrently therewith, and specific enumeration shall not eulude the general. ~ 23. '11~e covenanta and agreementa nerein oontained shall bind and the bene6te a~ advantegee shall inure to the ive heirs, executore, adminiatrators, auooessora and asaigns of the partiea hereto. Wher~ver used. the sing~ilar number shall includ~lural the ~ plurai the eingular, and the uee of any gender ahall be appiicabie W all gendera. All covensnta, agreementa and undertakings sha~l be ?o~nt and several. ~ 24. Adortgagor hereby waivee all right of homeatead e:emption in and w the property covered by this mortgag~e. 3 25. T6e unenforceaouiiy ar invrtlidity of any one or more provisions, clauaea, sentencea andlorparagrapha of this mortgage ahall not render any other proviaioaa, clawes, aentenaea and/or paragraphe herein contai~d unenioroeable or invalid. SEE ATTACHED EXHIBIT B F'OR ADDITION~I, CLAUSES #26 and #27. i:s ~ ~ E~~ IN WITNES3 WHEREOF, the aaid Mortgagor haa eet hie hand and eeal the day and year fi~t above writ:,en. s~':s ~ ~'r.. HOME CENTER OF PORT ST. LUCIE, • a Joint Venture ~ y5 3igned, Sealed and Delivered :n the preeence of: (SEAL) i; F ~ ' I BY . _ ~ OLALI ~~f • ~ Ronald C. tschinski, Joint Ventuser _ F ? BY • ~ ~~EAL) .Fr d R. rga , II int Venturer - r,~AI.) , 80f01~! ~ P~Gf ~ ~.:..:~,-a _ _ ~ . ' - ,s--~...-....-_~...~ - . _ _ _ _ _ - _ _ _ . ___T._~.,._.~.~~.~.