HomeMy WebLinkAbout0278 d. That (a) In the event ot any breach o! this moNgage or default on the pxrt of the rlortgagor, or Ibl ia
the event any o[ said aums ot money here?n reterred to be not promQtly and fully paid K~ithin ten days next
atter the same severally become due and payable, withuut demand or notice, or ~c) in the event each snd e~ery
the atipulations. agreements, cond?tions and covenanta ot sa?d prom,sso~y note and this mortgage, any or elther,
are not duly, promptly and tulty pertormed. discharged, executeci, et[ected, compteted. complied with and abided
by, then, in e~ther or any such event, the said aggregate sum m~•nt~oned in sa,d pmm~ssory note then remaining
unpa~d. with interest scc~ued, and all money~ secured h.•reDy, shaU become due and payable forth~vith. or there-
after, at the option oi said Aiortgagee, as [ully a~id completcly as i[ all of the sald sums of money were originally
~tipuleted to be pai~ on s5rch day, anything in ~sid pron~issory note, and-or in thia mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option ot said rlortgagee. ~~ithout notice or demand. auit at
1aw or in equity, theretofore. or thereafter begvn. may be prosecuted a9 it all moncya secured hereby had matured
prior W its instiwtion ~
7. That in the event thet at the Deginning ot or at any tlme pending any suit upon this mortgage. or to i
loreclo~e it, or to reform it. and/or to enforce payment ot any claims hereunder. said Mortgagee shW apply ~
to the court having jurisdiction thereof tor the appointment ot a Receiver. auch court ahaA fort!?with appotnt
a Receiver ot said mortgaged propetty all and singular. fnduding all and eingular the rents, income, profits.
issues and cevenues irom whatever source derived, ea._h and every oI which. it being expressly uaderstood. 1~
hereDy mortgaged as if specifically set forth and descrited in the Rranting and habendum clauses hereof. and
such Receiver shaU have all the broad and etfective functinns and Ew~~•ers in anywise entrueted by a court
to a Receiver. and such appointment shall be made by auch court as an admitted equtty and a matter ot ab-
solute right to said Mortgagee, and without reference to the adequacy or inadequacy of the value oi the prop-
erty mortgaged or to the solvency or insolvency of said I?tortgagoc andior of the defendants. and thst auch
rents, profits, income, issuea and re~•enues shall be applied by auch Recelver according to the Unn and/or equity
oi said Mortgagee and tha pracUco of such cour~
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IN WTrNES3 WHEREOF~ the aaid Mortgagor has executed thls mortgsge under eeal on the day and year
henin first above w?rltten. -
Slgned, sealed and deUvered in the presence ot: - t
r, . (SEAL)
P J o Monticello
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atherine Monticello
STA1'E OF._._F.ZrQ~IDA.....»--------~
coinv~r oF...~~.'.r~-----------------. ~a
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; Belore me personally appeareb._....._..---._......_. . i
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I .to me well known and known to me to be the individual.S described in and who executed the toregoing inatrw
men~ s~1d acknowledged before me that .~-he~-. executed the same for the purposes therein ezprea~ed.
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~ ~i~'TTTESS my hand and oiflctal eeal this......._.1-_._._...._..da
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I : ' ` ~ : Notary Public in aad for
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. a ~ ~ : . - = the County and State Atoresald. '
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s~ l- " My commission expiree: 6/~e.. 0/7 a ~
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~ eooK 181 278
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