HomeMy WebLinkAbout2235 4. Tbwt (a) ia the eveAt of any breacl~ ot thls mo thirty
ttgaae or default on the part ot the Mortgegor. r(bl tn
ths svent any oi a~id sums of monsy heretn re[ecred to be not promptly and tully paid withln ~~ay~ next
aiter the same severaUy become due and paysble~ without demsnd or notice. or ic) in the event each and every
ths stipWaUons, agreements. c!+ndltior~s and ~wvenant~ oi said pmmissory nots and this mostgage, ar~y or elther~
ars not duly, promptly and fully performad~ diacharged. euecuted. eitected. completed, compUed wiW and abfded
by. then, ia either or any such event~ the said aggrsgate sum mentioned in aaid pmmissory note then rematNng
unpaid. with intureat acerued. and W moneya secured hereDy. shall become due and paysble forthwith. or tbera
after. at the option oi aaid Mortgagee. as tully and completely as it all ot the aaid sums oi money were ortglnall~r
stlpulated to be paid on such day, aqything in said promfaaory note, and/or tn this mortgage to ths contrary not+~
wfthatanding; and thereupon or thereafter st the opt3on of aald ~iortgagee. without noUce or demand, sutt ~t
law or !n•equity. thereWiors, or thereafter begun, may ba proaecuted as U all moneys aecured hereby had au~tured
prlor to its insucutioa
7. That in ths event that at the beginning oi or at aay ttme pending any auit upon this mort~ags~ or to
foreclose i~, or to reform it, and/or to enioros payment ot any claims herenndar, said Mortg~ges ~hall apply
to We court havln6 jurisdiction thareoi for the appointment ot a Aecelver. auch oourt ahall fottbariW sppoiat
a Receiver oi said mortgaged prnperty all and singular, including aU and singular tt~e rents, inoome, protit~.
iasues and revenuea trom whatever source deHved. each and every of which. it befng eapnssly understood, i~
hereby mortgaged as ii speetiically aet torth and deacrited In the granting and haDendum elausea hereof. aad
~uch Receiver ahall hsve W the brosd and ettective functions and powers in anywise entrwtad by a court
to s Receiver, and such appointment ahall be made by such court as sn admitted equity and a tnatter oi ~tb-
~olute right to sald Mortgagee, attd without nference to the adequacy or inadequacy of the value oi tl~e prop-
erty mortgaged or to We solvency or Inaolvency oi eatd Mortgagor and/or ot the detendants. and that such
rents, profits. income, issues and rerenues shall be applied Dy auch Recelver acoording W tlie liea and/or equity
oi satd Mortgagee and We prsctioe of auch 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 losna or future advances made within twenty years from date hereoi by the
mortgagee to ~aid mortgagors or aqy successor in title oi said mortgagors of the property hereby conveyed;
pmvided that the total unpaid balance of the indebtednes.a secured he by at any one time shall not exceed
' ' '
the ax r cipal ~?o„~t ot .FIFTY..T,H~[I~AN~__AND._.N _l~Q..---------------.--_-..-...-..-.-.-. nou~
plus interest thereon and any disbursements made by the mortgagee for the ~,ay-
ment of taxes, levies or insurancr the pmperty encumbered hereby. with interest on such disbursements.
II~I WP!`NF3.S ~VHERDOF. tt?s said ]dortgagor har exacuted this mortgege under seal on ths day aad year
herein li:st aDove writtea
8 seal d dellv in the presence o!: ~ ~
~ (S$AL)
' ~ ,ti,•~.~ c~- (SEAI,)
IE'iTA CLARK
s•rw~ oF.........FLORID~A
cotn~r oF.. "
Betors ms per~oaauy sppeare~......_-LIAYD J. CIARK and ~NRIETTA CLARK, his wife,
to mp ,vvell• lcaown and known to me to be the individual S. deecribed in aad wta sxecuted ths toregoing f~fatrw
tautt. P~~~owledged before me that t.he..3T esecuted the aame for tLe purposes fhei'eia ezpreesed-
'i bana ana ora~a.~ .~.i rm,.._. w...~ a.y i~~$.
~ 'i , ~
~ . ' ' . ~ . ~ ?
~ t _~egl xoc~? rubn~ ~a ro~
~'7", ~ ) the Conaty and stats wioresaid.
~ My commiseion e~i
es' Sbte ol florida ~t Larq!
s~rw~cn oF.:__.~.........._.._._.___._.._ ~ ~ t~ za. 19Ti
o0i7I~1'1'Y oI+' ~ w.e.d h~ ~?..nw, i:. a c.w.r,~ co.
Before me persoaally sppeared
and.........._......._ to ms well ]mawn and
knowa to me W be the»..... ......_....._.._._Pre~tdent ~a
reapectively of . . tlis oorpor~tioa
named in the foresoing instrument, and lmown to me to be tl~e psr~oni wtw a~ ~uch otIIcers a~ ~aid caeporatioa.
eaacuted the same: aad thea aad U?ere ths aaid_....._.....» .~»..------aaA tlf~ said
,clmowleaae be~a~. me ttuc wa
inaWment fa the tree act and deed o! aaid oorporstion by them rs~psctlva~l ezscuted a~ such oMcera for th~
Purpo~ea thsnia expreased: thst the ~eai Wenunto attached i~ tM oorporate ~eal by them ta Wce capaclt7 at
fized: all undsr wthority in theaa duly ve~ted by the Board o! Dlrectors of sald oorporation.
wrrxass ~ny n~?a .aa ocea,~ .e.i tm. .................----.---d?s i~..--
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