HomeMy WebLinkAbout2645d. That (a) in the event of any breach of this mortgage or default on the part o! the Mortgagor. or lb) 1n
the event any of said sums of money herein referred to be not promptly and tally paid within ten days next
alter are same severally become due and paysbl0. without demand or notice. or (c) is We event each and every
the stipulations. agreements. conditions sad covenants of said promissory note and this mortgage, any or either.
are not duly. Promptly and fu11y performed, discharged. executed. effected. completed. complied with and abided
by, then. is either or any such event, the said aggregate sum mentioned in acid promissory note then remaining
unpaid. with interest accrued. and all moneys secured hc7eby. shall become due and payable forthwith. or there•
attes. at the option of add Mortgagee, ss fully and completely as it all of the said aura of money wen originallj
stipulated to be paid on such day. anything in said promissory not0. and/or Ur this mortgage to the contrary notr
withstanding; and thereupon or thereafter at the option of said Mortgagee, without notice or demand, suit at
Lw or in equity. Wentoforer or thereafter begun, may bs prosecuted as it all moneys secured herby had matured
prior to its institution.
Z. That in the event that at the beginning of or at any time pending any suit upon this mottgage, or to
foreck-ss it. or to aform it, and/or to enforce payment of any claims hereunder, said Mo shall apply
to We court having jurisdiction thenoi for the appointment of a Receiver. such court shall osthwith appoint
a Receiver of said mortgaged property all end singular, Including all and singular we rents. income, protfts.
issues and avenues from whatever source derived. each and every of which, It being expressly understood. V
herby mortgaged as it specifically art forth and described in the granting and habendum clauses hereof. and
such Receiver shall have aII the broad and effective functions and powers in anywise entrusted by a court
to a Receiver. and such appointment shall ba made by such court as an admitted equity and a matter of ab-
solute right to said >t[ortgagee, and without reference to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to We solvency or itraolvency of said Mortgagor and/or of the defendants. sad that such
ants, prolit~„ income. issues and revenues shall be appUed by such Receiver according to the lien sad/or equity
of said lortgagee and the psactioe of such court
above described any additional loans or future advances made within twenty ye ereof by the
mortgagee to ~sid mortgagors or aqy successor in title of said mo a property hereby rnnveyed;
provided that the total unpaid balance of the rode ereby at any one tune shall not exceed
the maximum principal amount -----_._..-.----._......._.._-.__._~_..----------.....-..__..-- -------------.....__.... Dollars
(_ ....... _.__ ......-_.._ .._ .. _.. ..._ . terest thereon and any disbursements made by the mortgagee for the pay-
][N W1TNS'S8 WH>~OF, the Bald Mortgagor has executed this mortgage under seal on the day and year
herein first above written.
sTA~ra og ~....
N.
oovrrrY oF. ...._.._..._
ULTRAMAR~ INC.
~~
Its fi .c x -
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Before ms pa~sonauy appeared--
to ms well known and known to me to be the individual.__ descdbed in and who executed the foregoing instru-
ment. and acknowledged before me that ._~re_.. executed the same for the purposes therein expressed.
WTPNF38 my hand and official seal this.._..._. day ~ lo_._._
Florida.
STAT1ls OF_...._ .......................................~
aa.
t70UNTY OF..._.. ~ -..----_. ~ W
Befog me pereonany appeaad.._.__-------~
Notary Public in sad for
the County and State Aforesaid.
My commission expires:
~~~ - - to ms well kaawa sad
known to me to be th dent ~7
UltramarInc.~a Florida corporation v,e corporation
reepeepRFj of .........._......... ............
named in the foregoing instruaneat, sad knows to me to be the parsons who ar such otIIoerf of said oorporatioo.
ezecuted fire same: and then and then tl-e
_ _ ~ ~,; _~dld ackaawledge be~tore me that said-
instrument b fire hee act sad deed of acid corporation by ~itiW fed aa~~~~ ~s"~~uch oMoer~ for the
purposes therein expressed: that the seal thereunto attached V the corporate seal by ~iAiM~in lilts d-Pacitl at-
fized: ail under authority !a tlwes duly vested by the Boa~of Directors of said oorporatian. '
~-~" / Seut~ember
wrrrrrss my head sad octlaal .eel this._ I S ..de-y oe.------..~.-..-..-- ~ 1~--~
~--{.
Notary Public~i~i ` ~ ~. ~1~
the Uotrnb.~d 1~~A?~" ii
. .. . ,='
My " ~~'~ ~;~.~ aria .
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•a,
:~%,Gr~ y ~~¢ ,G~w"_ ~ _ ~ _ ra
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~ry ,rite`s:nt~,::
BOOK 1 / 9 PAGE26~