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HomeMy WebLinkAbout2577 ,. ; ,.> f}. it . 8001 16 PACE427 \) ST. LUC( COUNTY, FLA. 6. T'bat (a) ia the C!ft8t of ..y bnKh of tkia ..orlpp or delault Oft the pllI1 of the M.rt,.IO", or (b) ia the neat ..y of Wd IIUIDI of -r hereia ref~l'ftd to be DOt promptly and flllly paid .. tile tuDe IeYUaUy ~ due ud payable, or (c) In tile noent each and nay tile Ilipulatiou. ~... coadltiou aDd COWDaDlI of Wd pI'OI!l~ DOte or any ftMWa). owation or modificaliOft ihereol, and of thia 1ftClI1C&<<~, are DOt dWy, promptly ud fully performed, dia- c~, ellecuted.. effected, completed. COIIIpIied with ud abickd by; theft, ia atMr or oy IUCh ~nl, the lAid principallWft tel out in laid ~ DOte tllen remaiain<< uapaid, with interest acnued, and aD IDOne" KCUM hereby, thall bec~ .nd be ~iately due and payable at the option of aaid Mo,.,.,.. without notice or d~mand which are hereby npreuly waived, ia which cwnt Wd Mar.,.,.. may avail i_If of an ri<<hll aDd remedia. .t law or in equity, and thia DlOI1Iaae may be forecloaed with aD nahll and remedies affcmkd by tb~ IaWl of Florida and MO",.,orl thall pay aU COlla, ch&rlft and expeDJel tbenof, iDdudillf( . re....ble altonley'. ""fee, 7. No dday by Mor',.", in ~urcili,,<< any ri<<bt or remedy h~reunder, or oth~rw~ afforded by I.w, &b.n Opt'rat~ as a waiver thereol or preclude th~ ellt'rcUe th~reof duri,,<< th~ con,inuanc~ of any ddilUh h~reunder. No waiver by Alor" ,.,.. of any ddault aball cODatitllte a waivrr ol or co_nt to auberqUtnt ddelllll. 8. Thilt, in th~ evrnt that .t the betlinniDl ol or at any time prndinl( any .uit upon this morl<<aR~, or to fOftC~ it. or to reform it, and/or to ~nforce paym~nt of any claim. ht'nun<kr, uid Mar".'" th.1I apply to th~ coun havin<< jurisdiction thereof for th~ appoin~nt ol a Rrceiver, .uch court shall forthwith appoint a R~uivt'r of laid mort<<&<<~d prop- ~rty all aM 1inRuJar, iDcllldiDI aU and ullIWar th~ income, profits, Iuu" and revrnu~. from whateY~r eou~ d~rived, ~ach and ~vrrY ol which, it beilll t:llprnaly und~ntood, il h~r~y mortgaged .. if lpt'Cifically Rt forth and d~lCribed in tile Krant- inl( and h.bendum clauaes hrreof, .nd .uth Rec~iver shall ha\"~ all the broad .nd ~ffectivt' functions .nd ~n in .ny wue ~nlru.trd by a court to . Rrceiver, and luch appointment sh.1I b~ mad~ by .uch coun a. an .dmitted equity and a m.tt..r ol--abtolute ri<<ht to aaid Mo,.,.,.., and without nf..nnce to th~ .d..quuy or inedequuy olthe value of th~ proprrty mort- l(ilRed or to the IOlvency or ineolvency of uid MO"'II'01l .nd/1lI' of tt... def('ud.ntl, and th.t luch nnlJ, profilJ, income, WU"I and rev..nu"l th.n be appli..d by .uth Receiv..r accordinl( to th.. li..n and/or equity of uid Mor"II'" .nd th.. practic.. of luch court. 9. To duly, promptly .nd fully JX'rfonn. disch.rg.., ex..cut(', rffKt, complet.., comply with .nd .bid.. by uch .nd t'\'..ry th.. .tipulationa, .!tJ'....m..nll. conditions .nd cov('n.nll in nid promiuory not.. or .ny r('nt'w.I, ..xt..nsion or modific.tion thcrcof, and in thil mortgage Rt forth, 10. Th.. cov..n.nll and ilItr....ment. h..r..in cont.int'd .hall bind .nd th.. ben..fill and .dvantagn shall inure to th.. rnprcti\".. h..in. ..xecuton. adminiltr.ton, .ucc..ason .nd assignl of th.. parti('. hen to. Wh..rever ~d, th.. ..n<<ular number .hall includ~ th.. plural, the plural th.. lingular, .nd the use of .ny g..ndtr IbaU be .pplicable to all K~nd..n. All CO\TnanlJ, agr..t'm..nll and und..n.kill,lt. ,h.1I be joint and ",\'era!. 11. That thi. mongal(" .nd th.. not.. secur..d h..r..by constitut.. a Florida contnct .nd .h.1I be conatrued .ccording tl th.. IaWl of that Stat... IN WITNESS WHEREOF tht' Mor'~tJIOrJ writt..n. ha\".. ..xecut..d this instrum..nt und~r Inion th...day .nd year fint .bcw.. ~'h}"h~v'v.e..~..............(SEAL) r. ro ..,. "':Jj' ....' -../)~..~.~~.......~....:..~.......(SEAL) rl. . -; . I - ~ .~~_ .. .' "l ~ r ',; Signed, Rakd and d..liv..red in th.. pr..sence of: &~ COUNTY OF.......,3.~:........L...:.CL~.............................................. }ss STATE OF FLORIDA d . ~ .~"r)] T' T ~ ..'_...:......-...)...'.._.'._.'.~......~l._~.~.~_._.:~.......~.~_..~~:-.............:......3~.~.J.._....:_::.;:....~::.;~..~::; , Befor.. me prnon.lly ilPJX'.n' ......:~:.~..~..:..........~..... .... . 'lO'~)l;nown .nd known to mt' to be the individu.L..~.. d..scrib..d in ilnd who ex..cuted th.. foregoing in.trum..nt, .Old ,..... . . ,.... .) . , ac~~g.ed 6cfore m.. th.L.......~:..!:".;..........................t'Il..cut..d :h.. um.. for th.. pUrpoK" th('rein expreued. . .. '.# .. /3'- '., ,..+- . '- .-' .. . :~~~s~:my h.nd .nd offici.1 ...al this........... .......~........... ~.~:~:~........ .............19......... t. 1.. ~. n_ ..... .................................. ........ ... ......... .............-.--.. ...... .........- .. Notary Public, Stat"r;,A.t Large FIm ~;~:)~co ~ M, ,omm;uion "P;U . 'I-/f~3 COUNTY OF......... .......m~=~O~K .<:.'.:: Before m.. prrlOnally .ppr.r..~tiI'.7[~.U....G--~..~Tn....ij;.i.,.{'E......... ..... ................_..:.~:;_.7.~........h... I'.. .;t _" .. .. . : r.. L and.............. ..... .........................h........--:......~.~.,.:.:..~:.;~.:v.u.....~:.........,,~.'o'....:,..o/'.. ... .... to m.. well known ..nd~,~~w;_io ~ ~~ be th... .........................m..Prelid~nt ~~J.~.C.!I .c.9W~ r 1, f.L.U.l\ ~A..tary, mprctively oL............................~....:,:.:.:....'....~:.. .... ).. ; I r :l \ . " ' STATE OF FWRIDA , . ., ... ......................................_...........................................................................th.. corpontion nam..d in th(' for('going inltf\lrP~ni: ~d-' known to I1U' to be th.. prrlODl wl.o as .uch offic..n of laid corpor.tion ex..cuted tbe sam~; and thrn .nd ther.. ,h.. uid offic..n of laid corporation did acknowledl(" befor.. m.. th.t uid in.trulMnt is th.. rr~ act and d....d of uid corpor.tion b)l th('m r..aprcti"e1y execut..d as IUch ollicen for the purpose. th('r~in exprrsaed; th.t thr ~al th('feunto .uacht'd il !h.. cor. porat.. ....1 by tb..m in lik.. capacity affill..d; .11 under .uthority in th..m duly Vt:lt..d by th.. Baud of Dirrcton of laid corpor.tion. WITNESS my band and official Ral thi..................................d.y ol ..............................................................19......... ... ..............N~~..P~bii~:..s~.t~-.~i'"Fk;~i.d~..~.t..~~.~............ ......... -. My commiuion t:Ilpi.....: