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HomeMy WebLinkAbout2494 a. T~at (a) tn the eveat o! any breach ot Lhis mortgage or default on the part o! Lhe 1?iortgagor. or lb) ta the event sny of said sums of money herein reterred to be not pronnptly and tully paid within ten daya next •fter the aame aevenlly become dua and payable. without demand or notice. or (c) in the ever~t eacb aud every the stipulatlons„ agreements, condltiona and covenants oi aaid promissaey note and this mortgage. aqy or either, are not duly. promptly snd tully pertormed, discharged. executed. eitecte.i. completed. compUed with s~ ebided py. then. ia eithee or any such event, Lhe aa~d aggregate aum mcntioned in sa;d promisaory aote then reraaintng unpaid. with intrrest accrued. end all moneys aecured hcreby. ahall become due and payable forthwith, or there- aiter. st the optloa of aaid Mortgagee, as tlilly and completeiy as if all of the said sums oi money were orlginal~p ' stlpWaied to be paid on auch day. anything in aaid promiasory note, and;or in thla mortgage to the contt~uy aot withstanding• and thereupon or thereafter at the option ot said Mortgagee. ~vithout notfce or dem~nd~ s~~it at law or in equfty. Weretotorq, or thereatter begun. may Ds proaecuted a~ ii all moneya secured hereby had raaturerl prlor to ita inautuuon. 7. That in tRe evmt that at the beginning of or st aqy time pending any sWt upon this mortgage, or to ioreclose i~ or to reform i~ and/or to entoros payment ot any ctaims hereunder. said Mortgagee shW . apply to We court baving juriedlction thenot for the appointment ot s Receiver~ euch court shall forthwith appoiat a Recelver of said martgaged property di and aingular. includfng all and eingular the rente, income. prol~ts„ issuea and revenuea from whatever sonrce derived. each and every of v?hich. it being expressly underatood. is hereby mortgaged sa if specilically set forth and descrit,ed in the granting and habendum clausea hereof. and ntch Receiver ahall havs all the 6road and e[fective ltinetions and powers In anyw3se entrusted by • court 3 to a Reoeiver. and auch sppointment ahall be mdde by such court aa en admitted equltp and a matter ai ab- soluta tight to aaid Mortgsgee. and without teference to the adequacy or inadequacy o! the value o! the ~rop- erty mortgaged or to the aolveacy or inaolvency oi said Mortgagur and/or ot the datendants. and that such sents. pmflts. income. issues and re~ enues shall be applied by such Receiver according to the lian and/or equity o~ eaid Mostgagea and tbe practloe of such courG 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 said mortgagors or any successor in tiUe oi said mortgagors of the pmperty hereby conveyed; pmvided that the total unpaid balan t e ir~@ bted~s~ s~ecured here y at one tune shall not exceed the ~x ip~y~ ' c~pal amount oi ...~~~3/-1!'l.V..e ~1~[LS,~l~l~1C~.$11~.11~~--.--.~-.-.-.-----.. Dollars 4M~.:~ plus interest thereon and any disbursements made by the mortgagee for the peiy- : ment of taxes, levies or insurance on the pmpetty encumbered hereby, with interest on such disbwsements. ( YN W1TN~38 WAERPSOF. the said Hortgagor has executed this mortgage under seal on tt~s dq and year herein t3rst ibove ~veitt~. Signed, sealed and delivered in the preaeace of: st...~l~. .._..w...._._.__.. L. S. nna ~ ru e ___(~.E~4L1 .l~~.... . . RECEIYED IN PA11NE!(T OF T!lYE3 . DUE ON CLJISS 'C INTANCIBLE PERSCNN- Pt20PfRTY~ pI;RS A.hT TO CFitPiTtR 20724. AiCTS OF 1941. - FOf -r P01 ~ ~ 3S. Cter:c Grcuit Caurt as Age~:t tor CAfil~L N. KNOWiES, FLORII)A ~ ~ ~unty Tax Coli~tor ~TA'TE OF L ~ ~ COUNTY OF~~N pEp~{iY q~RK Betore me pe:soaauy sppeared..._. ANNA EL E te to me well known and known to me to be the indi~-idual..., described in aad wM execnted tt?s fartgeing i~:t:`,;~ . • - . ment, and acknowiedged befar~e me that .Sha... ezecuted the eame for the purjwses thereia expressed. ~a~~s:s l ~s ~ ' . Vr ,,Q,~;n,.~,t_,. W11'rTFS3 my haad and offlcial seal Lhis...._. .3~ aar Octo r . . 3' ' : _ . 'ii z'.~r ~ ~ ~ ~ `:~ej~_ ~ ~ , _ ~:y~(=: " ~ J.~ NO fn aad !or : : % : ' f : , ~r~~ i ` t ~ - _ . ~ the ty and Stste At . . ~ , ~ ,w . . .9. ~sL _ . M com~iasion irea: ~ s-'`Ys= ; ' Y ~P a'.f 7~~~: . ~ , . . ~u~~a •_OC,,,~_1~ i STATSi OF»......._».._.._...~«...._.«.._..«._.»~ I ~ • ~ I ~ . COUNTY OF..~..---•-•.....~. ,t~+~,;i•e: n~~ ~f D: Betore me persoAally sppeared.._.._...._...------.._...__ , . and to me well lmo~wa aad l~nown Lo ms W bs the.....__..._ ....._.._...._.Presldeat an~ . Sec:+star~ reapectively oi _ tlis oorporatloa named tn the fongoing instrumea~ and lmowu to me W be ths P~ wbo as sucl~ olIIcsra oi ~a1d oorporatba. ezecutcd the same: aad then aad there tt~e eaid_._ ~ ths w!d aclmoavledas bstor~ me tbst ~aid fnstrument is the ine act and desd oi aaW. corporation by tbsm respectlvdy esecuted aa snch ofDcers for th~ purpwea thereia espressed: tbat the seal Wereuato attached 1~ ths e~rposats ieal bp thea~ in llks caPacit~? at t1za1: all uader antborlty in t6em dul,y ra~tal by iLe Board o! Directors oi ~aid oorpontioo. - wrrr~ss my ~a ~a ~aa,a .eai w....~_........_._.....a.~? i~_...._ FII.ED AND RECORDED !~TY, FLA. ST. ltlClE COU t~-^ rl Q'~ r:~"{~O Notar~ Public ia and for ~ -~1~1?75 ~ ~o~. _ ~ci? ~ . PREPARED BY: s~9 i'~~ 5~''~ • , CNARLES A. SULLtVAN ~ ~ 1245 • 2~ th STkr,Ef :o ~ ~~o;TR.,s VE~RO BEACH, F1.A. 32980 C l=~ K C'. R~ t%i T C O U RT ~ - eo~K ~$C) ~~491 _ _ v _ _ . ~ `_u- ; _ . ,,,.~_~z_ -