HomeMy WebLinkAbout1923 ~
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A. 1Lat (a) tn th~ weat o! auy Diwcl~ ot this mort~a,h or default oti the part o! tM Mo or.~ A~
the event any ot add sum~ of moa~y heteia retsrred to Ds uot promptly and tully pald wi
aiter W~ aan?e severatly bacome du~ and payable~ wlthout demand or notice. or (c) in tM svent ~ach and ~vtryr
the stipulations~ a~reements. coadlUona aad ~~ovenanb oi aaid promissory note and Ws mortgage, aa~r or elthee
ase not duly. PromP~lY snd fully perto~m~d. dischuged. executcd. etfected. completed. oomplied arith aad aDtdea
by. theq iq eithar or any such even~ tt?e utd aggregate sum mentioaed in said promlasory not~ thea remsinfn~
unpsid~ wlth inWtest ucrued. u~d all ~noneys secured hereby. shall ~eroms dus and payaDle fortl~with. or thera
aiter. ~t the optlon oi satd l~[ort~agee. as Nlly and complstely ea lf all ot the said aums oi ruoney wer~ originall,~
atipulatad to bs puid on such d~y, anything in said promisaory aote. aad/or ia thi~ mortga~e to We contrary nofr
withetanding; and thereupon or thereafter st tt~e optioa of aatd ~dortgagee. witAout Aottos or dem~.zd. ~utt at
law or in equiRy~ th~retofoi'e. or theseattee be`un, msy bt prosecuted as U W moneys aecured 2~ereby Aad a~aWrad
~ pdor to its iastitution.
7. ZLat ia Ua event that at tbs bsainaloa ot or at any Wne peading W ~uit upoa t1~L taort~as~. or bo
forecloss i~ or to nform it, ~ndlor to anforot p~ymeat oi aa~r claima hareun8sr. said ]d~ shall aPFJ
~p the co~r~ b~vl~ iusi~dictioa thereof tor the appoiatmeat oi s Recetver. sucb oourt shall orthwitb sppolat
s liecelver oi aaid mortgagad proper4Y all aad singular~ tncluding aU and air?gular the rents. inooane. protlb.
is~uea and rsvenuea from whatever ~ouroe dertved. each snd every of which. it be~ expreaNy understood. b
hereby :nortgaged as if specliically ast forth and deacribed in the granting and habendum clsose~ bereot. aud
~uch Receiver ahall hsve all t1~e bsoad and eHective funetions and powers in anywlse entrusted by a court
to a Reca[ver. a~ such appointmeat ahall bo msde by such oourt as an admitted equit~ aad a matter oi ab-
~olute right to said Ir[ort,~ages. ~d wlthout refercnce to the adequacy or inadequa~cy of the valw ot t6s prop-
eriy mortRaBad or to the solveacy or lnsolvency oi ssid Mortgagor and/or of the dsisndaaL. and thwt auc1~
reats, proI(ti. lncome, issues aud nvenues shall be appliad by such Raxlver accordln~ Lo tbie li~a aad/or puit7
a~ said ][ort~ages aud ttte practtos of such oourt.
8. It ia understood and agreed that this mortgage is given to secure, in addition to the note or obligation
above described any additional loans or future advancea made within twenty years from date hereoi by the
mortgagee to ~sid mortgagors or any successor in title oi said mortgagors oi the property hereby rnnveyed;
provided that the total unpaid balance oi the indebtedness secured hereby at aay one Wr.e shall not exceed
the maximum principal amount oi Dollars
(i-----_.....-.--.-.------._.-.--.--.-----_.._). Plus interest thereon and aRY disbursements made by the mortgagee_for the pay-
ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
II~T W!1'N~38 ~F~ the ~aid ![ortgagor ha~ ~xecuted thia mortsa~s uader seal on tAs da~ and year
Aere~n ltrrt sDove wrtttem.
ed aad dellvered naeace ot: ~ t
ar Ro$s Laug on
-
Alice b. Laughon ~
s~rwz~a og... FLORIDA -
C~OZTNTY OF. IIARTLN ~
~o~ ~~,~y ap WILLARD R033 LA N nd
his wife
~ to me wW Imowa and known to me to be the individusi#. dsscrtbed in aad wM e~ecuted the fongoin~ instru-
ment, y?d ac~cao~vledged befon ma that '~..bajt executed Ws sa:ne for the purpoees therein espreseed.
19...~~
,t;.. .~1A1M'1~i~88 i~n~ haad and afllcW ~ea1 Wa....-.....~.......da~
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`7 ~ C~ Q i~. o~iTy C ~II iOa f0~
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{ ~,~o" a ;
r~ ~ t' : ~cr ¢ommiaion ezpire.:
~l'~ ~~•~........y"----•-"------ MOTA~r M~UO. =TATE Of R0~1/A AT LARiE
~ ~ ~ ss. MY COMMISSION EXPIRES JAN. 19, 197i
~ T ? .
~to~„p;~fP!,.~7 aPPeared......~.......
aa~..._ to m~ w~II ltoo~wn aad }
ltnown t~ ms to bs dsat 8~certar~ {
reapsctlvdy ot ~ ~
n.m.a m tn. lore~oms ~a.cr~m.ot, .na ma~?n w me eo ns en. ree~oo. wso .nm o~nwr. a.ua eoepo~.noa
~ e~ucuteA the aame: and tL~n aad tlur~ tlN tlN aaid
,
4 eu ~1~w1~dp bdoer m~ tLat MM ~
K fnsWanent i~ the iree act aad d~ed ot said corporstion by them rerP~ctl~ ez~cnbd ar sneh oMo~es for tb~
~ purpo... tn.reia e~cpLe..ea: tn.t v,. .ev che~co acc.~chea s. sn. oot~po~ac. sai b~ tb~m ~a nk. «pada at-
~ ll~nd: W uad~e anti'w~l~j? 111't~q.du~7 ~'~t~d ~$oard oi Dlreetas ot q1~ ooeporatlm
WITNZ88 aq ban8 aa8 attfci~ Mal d - . 1f_...
Fi~o AN~ aECOac~o'.. ;
g?, LUCIE COUNTY. F~~ p~ p~e m.na roe '
RECOR~ v_R1F1ED ~~p~ aae Stat~ wto~wsa.
~ ]~jr oommlrloa ~sprMe t
[
, Ap~ e 12 ' ~
69 ,
t pITRAS
CLERK C1itCU1T COURt
~~176 ~ig20
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