HomeMy WebLinkAbout0333 8. The?t ta) In the event ot any bresch ot thi.i mortgage or de[ault oo the pwrt Ot Lh! 1~iprLgA~o;, _or~1f1 la
the event any ot said sum~ of money herein reter~ed to be not promptly and tully paid w~thin j(~6f next
aiter the same seve~ally become due and psyable, without demand or notue, or ~c) in the event tach"~nd every
the eUpulations, ag~eementss, rnndit~ona and rnvenanW of said p~om?ssoiy note and thi~ murtgage, any or-etther.
are not duly. promptly and tully per[ormed, dlschar~ed, executed, e[[ected. completed, compUed wiW and abided
by~ then, in either or any such event, the saW aggregate sum menUoned ~n ss~d promissory note then remaining
unpa~d, with inlarest acerued, and aU moneys secured h~reby, shall become due and pa~•able torth~vith. or there-
atter. at the option of said Mortgagee. as tully a~id completcly as it all ot the said sun~s o[ money were originally
atipulated to be paid on such day, anything in ~aid promissory note, and; or in this mortgage to the contrary not-
withstanding; and thereupon or thereatter at the option ot said 1?ioctgagee. ~vithout notice or deme?nd. autt at
law or in equity, theretofore, or thereafter begun. may be prosecuted as if all moneya secured hereby had matured
prior to ita institution. .
Z. That in the event that at the beginning ot or st eny ttme pending any auit upon this mortgage. or to
foreclose it, or W reform it~ and/or to enforce payment ot any claims hereunder. aaid Mortgagee ahall apply
to tha court having juriadiction thereof for the appointment ot a Receiver, auch court shall forthwith appoint
a Receiver oi said mortgaged pmperty all and singular. including all and singular the rents. lncome. profit~. _ .
iaaues and tevenuea irnm whstever source derived, each and every of which, it being expressly understood. ia
hereby mortgaged a~ if apecifically set forth and descrit.ed in the granting and habendum clau~es hereof. and
euch Receiver ahsU have aU the broad and eifective functions and ~w~vers in anywise entru~ted by a court
to a Receiver, and auch appointment shall be made by such court sa en admitted equlty and a matter of ab- ~
solute right to aaid Mortgagee. and without reference to the adeyuacy or inadequacy of the value ot the prop- _
erty mortgaged or to the aolvency or insolvency of said Mortgagor and/or of the defendaata, and that eucd
rents. protits. income, issues and revenues ahall be applied by such Receiver according to the liea aad/or equity
of aaid Mortgagce and the pracUce of sucb court
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 years irom date hereof by the
mortgagee to ~aid mortgagors or any successor in title of said mortgagors of the property hereby conveyed;
provided that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed
the maximum principal amount of _ _ . _ . . _ _ _ . _ Dollars
(S plus interest ther~n and any disbursements made by the mortgagee for the ~,ay-
mrnt of taxes. levies or insurance on the property encumbered hereby, with interest on such disbursements.
IId WITNES3 ~1RiEREOF. the aafd Mortgagor has executed this mortgage under neal on the day and year
herein first above ~vrittea.
~ •
~ Sigaed. seale~~~nd`deliv~red in the presence ot:
tt
_1~ .
_~~r.~-~1' Je? ~ -
- f - , r ~~c
- :
" ~ a @T ~
_ .
- 'i : r~r~.~ : f'^ _
;i:^: u G .
' „ . ~ ve y .
r
srwz~ oF. ..:.~LQRIDA_........_.._~.
.
covrrrY oF._~T.....I~UCIT~.-----------. :
Before me personslly appeared..~81~_L~._S~~_s'lIItl_.B~4El vn i._ ~tt.y.. hi ~ vti fg...._._.
to me well known and known to me to be the individual._.. de~cribed in aad who executed the foregoing in~tru- ~
' ment, and acknowledged before me that ._.he.... executed the same for the purpones therein ezpreauxL
~
i
~ WITNESS mq hand and oiflcial seal this.G}9~._...day oL.~~ ce mber . , 19._.s.? ~
~ ~.!~~:~~a@S~QS.... •
g Notary PubHc in or
~ the County and Sta Afore.said.
My commiaeion expires:
~ 3TATE OF.-----•...-•-----••-•----.._-------......__..
~ Ibt~ry h~~+c. St~te o1 flr.id~ al LrQe ~~j/~ g
cotnv~rY oF...--•-----•--_.._._._._...-----.._.._ ~ ~ _ - 20. 1458
Gom:nis;~on _s;.R:
Betors me peraonallY aPP~~----------._._.._.___..___...._.._ t~._a:~a,_.~._:~.::...:.:. ca,e~rr o~ ~
f
~ and.._...._....____...._....._._»..._.... Lo ms well lmown aad ~
;
known to me to be the........____~.....__ .............Presfdent and_.....r.~_._....._.._..._._...___..~.._._......»_....._.._._._~ 3ecretar~ ~
i
respecUvely of . the oorporsUoa ~
,y, named fn the foregoing instnunent, and lmowa to me to be the pereon~ who as sucb olIIcers o! said corpontion, s
~ ~
executed the eame; .na cb~n aaa tn~~ c~ .~a._._.___....__ ._..._...__...aa tne .aia t
r
• d!d aa]cnowledge bafore me thst said
~
~ instrumcnt ia U?e iree act aad decd of aaid corporaUon by them respectively e:ecuted as sach oillcers for ths
fiz~all un~der attt~.bori~ them dulq vested by the Boardeoaf Directors
o! aaid co~rpobn ~ in Wce capacity af- •
..._._~y 19..._._ ~
~ wrrrr~ aad otlleW seal thie--••--_- de?y of..
~ FILED AND REC~~ -
37. LUCIE COUNTY. FLA. ~ ~
~ n f: C 0 F? D V E R I F! E D !
Notary Publfc 1n and for ,
~ 163698 _ - s~.~ ~o~.?~.
~ xy oomm~e.don e~p,ns:
~ '68 JAN 22 AM 9: II
~
--.U'.j I~ ~ o~~r~s ,
CLERK CIRCUI7 COUR7 ~
~
~ . BOOK 170 PACE 3~33
~~rt~ ~ -
~
~S vY-
~~~'~j;a