HomeMy WebLinkAbout2342 d. That t~) ~n the avsnt ot any breach ot thia mortgage or de[sult on the part ot the 1?tortgagor, or Ib? 1n
the event any of aaid sum~ of money herein re[er~ed to be not promptly a~d tully pald N ~thin ten daya next
after the aame aeverally become due and payable, without demand or not?ce, or ~c) in the e~e~t each and e~•ery
the stipulations. agrcements, condit?ona and co~•enanW oi said prom,sso~y note ar?d thi9 murtgage, any or either,
us not duly. promptly atid tully pertormed. d~scha~ged. executed, etfected, completed, complied w~th snd abided
by. then. ia either or any such event. the satd agg~egate sum mentioned m s:ud prom~ssory note then rnma~n~ng
unpaid, with int~reat acc~ued, and all moneya secured hrreby. shall become due and pa}•able forth~r•ith. or ther~
after. at the option ot said riortgagee, as tully a~id completely as it all ot the said sum~ of money w•ere o~iginally
stipulated to be paid on auch day, anything in ~aid promissory note, and-or in this mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option of said rlortgagee, ~eithout notice or demand, auit at
Iaw or ia equity. theretofore~ or thereatter begun. may be prosecuted as it all moneys secured hereby had matured
prior to its inautution.
That W the event thst at the Deginning ot or at any time pending any suit upon thia mortgage. or to
forecloae it, or to reform it, and/or to enforce payme~t ot any clairr~ hereunder, said ~fortgagee ahal! apply
to the couM hsving jurisdiction thenof for ihe appointment ot a Receiver. such rnurt shall forthwith appoint
• Receiver oi eaid mortgaged property all and singular. including all and singular the rent9, income, profit~,
lsauea and revenue~ from whatever aource derived. each and every ot hich. it being expressly tuiderstood, fa
hereby mortgagEd as i[ apecifically set forth and descr?Eed in the grou~ting and haDendum clausea hereof. and
such Receiver ahall have all the broad and e[fective functinns and }w«•er~ in an}n~~ise entrusted by a court
to a Aeceiver. and such appointment shali be made by auch court as an admitted equity and a matter of ab-
wlute rlght to sald Mortgagee. and without raterence to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the aolvency or insolvency of aaid Diortgagor and~or of the defendants, and that auch
rents. profits. income, issuea and re~ enues shall be applied by such Recei~•er according to the lien and/or equity
oi aaid Mortgagee and the practice of such cour~ '
8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation
above described any additional loans or future advances made within twenty ~~ears fmm date hereof by th~
mortgagee to said mortgagors or any successor in title of said mortgagors o[ the property hereby conveyed;
provided that the total unpaid balance of the indeotedness secured hereb at any one t~me shall not exceed
the maximum principal amount of Thi='ty-Nine Tho.usand and l~o Hu,-~dredths- --~~~ars
(S 39~ 0~0. U~ plus interest there.~n and any disbursements made by the mortgagee for the pay-
ment of taxes. levies or insurance on the property zncumbered hereby. with interest on such disbursements.
IN W1TNE8$ ~VHERPAF~ the aaid Mortgagor has executed thta mortgage under eeal on the dar and year
henin first sbove ~?rittea.
3igaed. aealed and delivered in the presence ot:
q~, ~1.~-~.
.s? GU.~n~- . (SEAL)
. urence J ohen
,P~.._ . . ~ ~i - . v
a.zq.a`r~~n' ~~:-x.~~'.~ _ . Ld~r~.,~J (s~,~.)
Patrici Ann ohen
SEAL)
Frank B. Thrasher
s•rwz~ oF_..... EA I,)
covr»r oF..-I~Xer~_t~e~e~l.---.-~ ~ Barbara Ru Thrasher
setore me personauy sppearea...... ~URENCE JAY COHEN and PATRICIA ANN
COHE,~Y,r his, wife,,. and..FI;ANK_.B,.__~~I.~„AS_~_._iE~and._BARBARA R~U__T~_H_w'~H
.R.ASHER,
_ ~
' to me well known and kno~vn to me to be ~he individusis. described in and who executed the foregoing insUv-
I men~ and acknowledged before me that _he_x eacecuted the same for the purpoaes therein e~cpr~ssed.
V •
WTITIES3 my hand and offlcial seal this...__.~~.~..._..dsy of__..._ ,R..•.~.;"'!~y .
~ . ;V ~ ,j y
. ~
NoU?ry C[Il aitd f0! ` ~ 1 i: l a•~
the County d Stata Afore.~sid. G. - v:
My commiasion e~cpires: f~ _ 5~ ` =
STA1T OF_.___.__....._.__._._..._.__._.---••--- ~ ~ ~o G . ' ' ~ ~ ~ - ! J . ~
COUNTY OF------------------__._.._.---°------• 1 j~,~ , ~ ~ a,
Before me personallY aPP~~-------•---------------_........._----- -..___r......~........~...__.__.._._.._.._._:::.,..1
=.i.::x.._,,,•.
and_..._._..._....._.._~..._~ to ms well lmown sad
known to ms to be the......_...._._..._w.___._.___.Preafdent andr_........w---...._._..._---._.____........_.__ $ecretar~
reapectively of tbe corporatioa
named ln the foregoing inatr+iment~ and knowa to me to ba the personi who as such ofScers o! said corporstton,
executed the same; and then aad there the ~aid.__--------..~_..~..__._.__...._._..__..._..___..____...._..__._...._.__..aad the sslA
_ dfd acknowledge befors me that said .
Uutrument 1s the iree act and deed of said corporatlon by them reapectlvely exec~tM ss such oMcers for the ;
Purpaxs therein expres~ed• that the eeal Qiereunto attached ls the oorporate seal by them fn Wce capacity d-
fixed: a11 under aut~ority in ttiem duly veated by the Board oi Direciors oi aaid corporatton.
WITNE3S my hand aad oiflcial seal thie.. __._..._._..~_._._day of_ 19__~
,
;
p RECORDED (
FILE~ AN TY, FLA, xocan? ~eu~ ~n ana ror
ST. LUCIE COUN~'F'ED the Couatq and 3tste Atoraeaid.
R E C C R D Hy t~ommiesion eacplres:
14'7345
'o~ i`:~~~ 2 P1~1 2: 09
~ U . :'v,
CLERK ~~RCUIT COURT BQGK 151
541
~ s
a.
~ ~ ` ~ _
' .r
~ t , ~i
-