HomeMy WebLinkAbout2228 a. TLat In tb~ event of any breacA oi this most~a~e os detault ou the thirt~
part ot Ne Mort~a~os. or lb1
the event any ot said eums ot raoney hereln reterred to be not promptly and fuUy paid withlt~ !i= aext
after the same severally become due and paysbls. without demand or notice. or ic) in th~ event eacA aad evary
the stipulations. agtaemet?ta. conditions and covenanta of said promisaory note snd thb mortgage~ any or elther.
are not dul;, pmmptly aad tully performed. diachuged. executed, ettecte~i. completed. cwnplied with and aDided
by. then. in either or any such evant~ the ssid aggrsgate sum mentioned in said prorrUssory note thea remaWng
unpaid~ with int~re$t accrued. and aU ~nonsys aecured henDy. ahall become due and payable fortt~with. or tbera
after. at the option oi aaid Mortgagee. as fully and completely as if all oi the ssid aums ot money v~ere original~y
atipulated to be paid on auch da,y. anything !a said promiasory note, and/or in this mortgage to ths contrary notr
withstanding; aad thereupoa or ttiereafter at the opUon ot aaid Mortgagee. without notice or dennaad. ~uft ~t
law or ia equity. theretofors~ os theroafter beguq ~r?ay bs proaecuted as U s11 moneyr~ ascured bereby had matursd
prlor to its institutloa
Z. That in ths sveat that at We Dsginniaa o! or ~t auy tiaae pending any suit upon W1~ mortga~ or tu
torecloss i~ or to reform it, aad/or to enforos psyment oi aqy claima hereunder. sald Mortgage~ ihall aPply
to ths court hsWn~ iurlsdicUon thereof for the appotnUaeat ot a Recetver. such court shall fortbwith appofnt
a Receiver of said mortgaged pmpsr4Y W and aingular. lncluding all and singular the rents, income. proflta„
issuea and revenuea irom whatever souroe derived. each snd every of which. it being expready undaratood. 1s
hereby mortgaged as ii speclfically aet forth and deacribed in the granUng and Mbendum clauses hee+oof. aad
~uch Receiver ahall hsve all the broad and etfective functions and po~vers in anywiee entruited by a court
to • Recelver. anil sucb appointmeat shal! be made by auch court as an sdmitted equlty aad a matter of ab-
~olute rigbt to said Mortgagee. aad without reference to the adequacy or iaadequacy of ths valua oi t1u prop-
erty mortgaged or to the aolvency or inaolvency of said Mortgagor andlor of the dafendants ead thst such
sents, pro![ta. income, iaaues and re~enues shall be applied by such Recelvsr acoording to ths li~ aad/or eqWty
ot satd a[ortgsgee aad the practios ot auch court .
8. It is understood and agreed that this morigage is given to secure. in additlon to the note or obligation
above described any additional loans or future advances made within twenty years irom date hereo! by the
mortgagee to said mortgagors or aqy successor in tiUe oi said mortgagors of the property hereby rnnveyed;
providecl that the total unpaid balan eb ess secured here~Y+ ~t any one time shall not exceed
the,~axp'~p~
' c~pal amount oi .._c~~~~~.~~_._A~ _~/_ll~:Q~----..-.-.---_-.-_~. Dollara
] V~ V.!
~U.~WJ... plus interest thereon and any disbursements made ~by the mortgagee for the pay-
ment of taxes. levies or insurance on the property encumbered hereby. with interest on such disbursements.
hereia M~t
~$ivrlt~F. the sald ][ortgaaor b+u executed tWs mort~ag~ under seai on the da~r aad ye~s
ed veredin the prese of:
~ w.._.._.._......r... (S~lelI,)
t'. • i~+~s'~.«..... • , CS~li~i,
M.
srw~ oF.. FLORIDA
vovrrrY o~. INDIAN RIVER ~ r.
Befors ms personallY aPP~ared-• FLOYD E. GRIIrIl~s Snd HELEN M. GRII~g'I his
~-f e.~.......... .
~o• well known snd known to me W be the lndividusl described in aad who execnted ths fongoing instrw
,~~~aud ~c]mowledged befon me that t.he.3L exacnted tbe same for tLe purposes tharein expressed.
I •~~J :
' ; ~~~rrx~ss my n.~a ~a or~~w eeat tm...... ~ aa~? L~-,--~G-~-'+- i~68
i =~~~~;•~i' j ~ . ,
! _ ' ' ~ ~.~.v
'`~'.~Ot,8}~ SPSl~ Notsry Public aad for y
> ' L~le COUD~~1 i~ SLi~ ALO!lsila. F
. _ COIYlA"11ds10II CZj11fl8:
~.~'wTS oF_....._ ~ p~uy Pn66r, Sbte of Flaid~ at L~e
oovl~l't'Y oF ~ M~r Coa~mission Expra lrss 20. 1971
8efors me personally appeared..~...........»
aad.. to ms well Iaw~vn aad
lu?ovvn to me W be the...... deat aad...._.... ~~7
respectlvely oi ths oorporsUo~
named in tbs foregoing lastrumeat, and lmown to me to be the Pa~~ vrLo a~ a~ch oi!lcers a~ uid carporatiam.
e~cecuted the same; aaQ thea aad there the ul~......~..»....~-. .........___».and tbs s~M
aclcno~wledae bdor. ms wc .ala
instrument ls tha iree act eu~ deed oi said corporaUon by them rsspectlve~p esecuted as wcD ofIIesr~ for t~ .
purpose~ tharein e~cpressed: that the sesl Wenunto attached L ths oorporate ~eal by them in lilce c~Pac~tY
fi~ced: all under authorlty tn them duly veated by tbe Board o! Dlrectors o! said oorporatioa~.
W1TNF88 my hand ~ad o[l1cW ~ thi~......._----..-.-----dy lY.._._
FII.E~ AN~ RECOitDEO xotar7? pubuc m ane tor
gT, LUCIE C VER~ YEOLA~ tbs (7ouaq? aad stats wiordaW.
~c ~ 0 R..` ~'J 1U? oonnnal~don etpirs+: j
~ {
:4 ~
'68 DEC i~~:~~~ `
~
KOGER t'01'TRAS _4 BOOK~7~ PAGE~~G~
CLERK CIRCUI? COURt:
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