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HomeMy WebLinkAbout1442°. K: 51 PdfE .~~ ao~K ST. ~iir~E C~!~~NrY, ALA. 3C d. '.`hat (t) in the event of any breach of this naoetgtre oe defa:ilt os- toad fully P~ ~~w~a~l baezt the cvesit aa,- o! said sums of ~`s-ey herein rsiei*'+d to b+ not p~ after the sauce severally become due and payable, without ~mand a oe+ os' (o) io t`.e swat every the sUpulationa, agreements, ~ oonditicas tad covassaats o! said ry note zed thL sswrtgag0. any~,or either, are not duly. psnmptiy and fully performed, discharged, eaceau effected. completed, oosnplied with and abided by, then, in either or ary loch event, the said sggi~gtt• sum men~oned fa said promissory note then tsmaLaing unpaid. with interest accn~ed, and all moneys secured hereby, shall become due tad ptyabb forthwith, or there- _ after. at the option of said Mortgagee, as ~Y and completely u 1f W of the said sums of money R~ere origlaally stipulated to De paid on such day. anything 1n said promissory note, sad/or in this mortgage to tby contrary not- wlthatanding; and thereupon or thereafter at the opUoa of said Mortgagee, without notlUoe Or demand, salt at law or to equity. theretofore, or Wereaftor begun, may be prosecuted as it aII moneys secured hereby had matured prier to its 1nsUtution, 7. That In the event that st the begissaiag of or at any time pending nay cult upon this mortstge, or W forecloso it, or to reform it, and/or to enforce payment of any claims hereunder. said Mortgsg'es shall aPPly to the court having ~urisdicUon thereof for the appointment of a Receiver, such court shall forthwith appolnR a Resolver of said mortgaged property all and singular, Including all and singular the rent, ItfOOma, profits, icaues and revenues from whatever source derived, each and every of which, it being expreesty undaratoad, is hereby mortgaged as if specifically set forth and described in the Rrant:ng and habendum cleaner he.-eof, sad such Receiver shall have all We broad and efiectlve functions and powers in anywise entrwted by • court to a Rxeiver, and such appointment small be made by such court as an admitted equity and a matter o! ab- solute right to Bald Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop'.. arty mortgaged or to the solvency or insolvency o3 said Mortgsgor and/or of the defeadaats, sad that such rents, profits, income, issues and revenues shall be applied by such Receiver according to the lien sad/oz' e4~tY of Wald Mortgagee and the prtctice of such court. R To d•,ily, Promptly and fully perform, diaeharl{e, execute, effect, a~mplets, comply with sad aMde by each and every the etigulaUons, agreements, conditions and covenants In said promissory az!e and is this saortg~ge set forth. 9. It is mutually covenanted and agreed by end between the Mortgagor sad the Mortgages that thi;~ mortgage and the note secured hereby constitute a Florida contract and shall be construed according to the laws of Wet State. ' IPI WITNESS F, We said Mortgagor hs~a executed WL mortgage under seal on the dsy and year herein first above written. 8tgned, se.Jed and del~ered in We presence of: ~~, ~~. ~' • ~~a.~.e G~ . (SEAL) ~' o ~ ...~.~........_._ Sflermar? C. Vea~i~-~-r. W (~ ..__...._._ .........»...»....»...._. (SEAL) enrle eazl ~-~"' ~ / a COUNTY OF..~~f~}-L-•I..IY...r....».._ Berora me peraoaauy tp S(lerman C. Vea~ie, Tr, and Henrietta B. ~1eaLie, = :~~ .~..:_:.r Ciis wife .._.._....___ bq _ .._......... ._...»__ ~~ ~-t~.uid'w~~oll' knowp ands before me that J..-he..y ex~i~euted the aame~fo the !+urposes e~ We fo oing Inetn~- :` +,dint~, ~1 ~ ~i~ 62 " ` ' ~ Y : ; . • , ~ . ?i~~day November s9....r ,.,V: ;~ .- ~ .WT~I'P1~3 my Nana and ofiieial seal this...»..». ~ , '. , ~ t{ `, ., ~ ~ v0 ~ Ptibli: i.^..~A for ~: `, 1~:' •.• ',,,~ - ~ the County sad $tste Aforassid. ,' `~ _.;1 ~ ~ ~' ~ My comm~ion ezpires: _- , . My Commission Expires duly 1, 1966, `~,z' COUN'T'Y OF_.....:......»....»_.»»...........~ Belore me personally appetrcd....-....._.-..--------.. """ euid.»....».._.._..»....r.._..»....~..._.._ ..... ..._...-. to sae well known sad known to me to be We.....».. ..-..-»-.----FresideuL tad. ------ .""' ~e~ ..._., We corporaUoa respectively of ...............................»......... ..._....._.... named in We foregoing lnstrtlsneat, and known to me to De Ws persons also as atmh ofrioers of said oorp^ration. exxuted the same; and then and thesti the stid_.~....._...-.- .... _.~..-----•..---------~ t~ said MA k~apctgled~e before me that said lnsirusrant iD the f1'ee net and deed of said corporation by them resPeettvely ea:ecuted at such ofnosrr for the pffxu~all nndsr aut~horf teem duly vested 5y tYw aboard Ot ~Dlrectan of said ~corpctyalT~. 'n lilts oapacitY af- WT~'NB~S my hand sad otticiti seal :~.: s .----ltY oy-------~.~-•-• 19..r 11~~~i F~~,,~~pp yDECO DED ~ . '~.f~o. ~. Ih_ ~ffic~a! ~aco~ .E300~ ~ . ~. ~, ~ ~; -- - - 1962 NOV 30 PM 3: 20 =, ~ <<..a : ~;, ;~_;:~=. ': _. RO~~R POITRAS, CLERK ~`~~ ~_~?=~~•,':,,' ~1. IUCiE COUhlTY, FiORIDA ~ ~~. ~,}' ';~~ . ~_ - - _ - ~~_