Loading...
HomeMy WebLinkAbout2122 . , ~ , ~ 6. TLat la) lA th~ ~vent o! any brwch ot this mort~a~ or default oo the part ot ths Mort~a ~ot. or lbl 1n ~ th~ eveat ar-~? oi wid suma ot raoaey h~rein rehrred to bs not promptly and tully paid withla dY day~ aex~ ~ atter the same severally become dut and payable, without demand or notice. or ~c) in the evant ea~cp aad every Ns atipulations. agreaments. conditions aad covenants ot aaid ptom~ssory note and thls morigage. any or efther. ~ • are not duly. Promptly and tully pactormed, dischsrged. pcecuted. ettected, completcd. compUed witb snd sDlded by. then. ln eitber or any sucA avent, tt~ aaid aggregate ~um ment~oned in aaid promiasory note thea remaiNng ~ unpaid, witA intere.~t accrusd. abd alt moneys securad hereby. ahaU become due and paysble torthwith~ or tAera ~ atter. ai the optlon ot s~id Mort~a$ee. as fully and complately as it all ot the said sunu of monay were orlginally j stipulatad to be paid on such d~y, anythins in said promiswry note. aad/or W t??b mortgage to th~ contrary not~ j withatanding• aad thac~eupoa or thereafter at the opt~an ot said adortgs~ee. wfWout notioa or demanc~ suit ~t L?a or in equlty, th~reWiore~ or there~tter besuq tnay b~ proeecuted ai if aU moneys sscuced hereby had matused ~ prlor to !ts instltutiob. ~ 7. 1~at W tl~ eveat tt~st ~L ths beginains ot or at any tlme panding any suit upon thi~ mortraee~ or Lo tonclose it, or to raform i~ wd/or Lo enforoe payment ot any cWnu pereunder~ said Mortgages it~a11 ~?ppl~r to tbe court havint iurisdicUoa thereof for the appoit~tment of a Receiver, such court shail forthwitb appoint a Raceiver oi aatd mortgaged property W and siagular. includir?g ~U aad singular the rents. iaowqq protlta„ iasu~s and revenues trom whatever aource derived, each and every ot which. it being expe~es~ly underatood, L bereby mortgaged aa i! spec.i:c3]ly set forth and descrit,ed 1n the granting and haber~dum claeisea heraot. aAd such Recelver shall hsv~ W the btoad and et[ective functions and po~~era in anywise entrusted by s court to a Receiver. uid such xppointmeat ahall be made by such oourt ae an admitted equtty and a matter oi ab- wlute riaht to sald YorL~ageR aad wlthout nierence to the sdequacy or inadequacy of the value o~ ths prop. erty mor~aSed or to the wlvancy or inaolvency ot stid Mortgsgor~ sad/or ot the defendaata. aad thst auch rants. Pro~tb. income. issue~ and n~ enues shwll De wppUed by suctl Recelver accarding to tM lien iuod/or aquit~ a~ aaid ~[ortaa~es aad tbe prsctlos oi such court 8. It ia understood and agreed that thls mortgage is given to secure, in addition to the note or obligation above described aqy additional loans or future advances made within twenty years irnm date hereoi by the ~ morlgagee to faid martgagora or_any suecessor in_Litle_of_said mort~gago;s oi_the property hereby conveyed; provided that the total unpaid balance oi the indebtedness secured hereby at any one fune shall not exceed the maximum principal amount oi . _ . _ _ Dotlara (i -...-.--.-.-.-..--.-...J. plus interest thereon and any disbursements made by the mortgagee for the I,ay- ment of taxes. levies or insurance on the property encumbered hereby. with interest on such disbursements. W W1TN3~.48 WHffit~0~'. ths said ldortga~or Aa~ ~xecuted Wis mortsa~a under seal on the dyr and year Mrein li:ft abav~ writt~aa. . $1se?ed~ ~ealed aad deliverad in the pcesence ot: Herman F. Young er L. Y g s~rw~ oF._ .c~RTnA _ _ OOtJA1TY OF......~A~TIN_.........._ ~ ~ ap~M A$R1~AN F. YOUNG and $3TABR L. YiOUNG, ~il~ wife ~ b'~~?;y.; - to m~ weU knowa and knowa ta me to be the individual8. descrlbed ln aad wlw ezeeuted t2a f t . r~~•gt~, ment~ and a~cknowledged before rae tUst ~.hajL ezecuted tt ~same for the purposea thareia e=p b. . / ~ ~t ~ : ~11P1'rT8'..~ M~1 h~Ila illd Ot~Clit iEil LZtls.._..l T di~ ' - ~L. f ,N ~ . f~%f ~as y,: . NOtary Pub11C ia foe a ~ ;~r ~ the Co~mty and Stste ~ My com~mlasion~ pire~r ~;~~{i STATE OF 1 ~~••1.~,~ ta„e~e b M„;r~• f C!i _ M~ ~ / / ~l, COUP1TY OF : . Before me P~7 ~PP~~.-.---._......._. ~ i ~1d_ LO ID~ w~II ImOwa aDd i , knovvn to ms W bs tha..... deat aa~ _ S~crstar~ ~ ~ ~ : reapactively o! . tb~ oorporati~ ; aa~?d in tbe fore~oias i#iuutrum~n~ aad lu?ovvn W me W be ths Per~ wfio as wch o~icer a! aaid oorporstbo. ezecuted the_ wne; and tbep aad t2~s:s t1~ nid._._.._.-........_......_..... tlr n!d - _ - - acloio~rvledse bdora me t2u?t aiid instrument 1s tAe iree act aad desd oi ~aW wrpori?tioa b~ tlum rerpectival7 essc~ted ~s ~ olIIoas for td parpare~ tLet+ein expreased: tbat tbe sW thereuato sttached f~ th~ oorporats aeal bp tbem ia 111~s c~Pa~'.it7 a!- ifzed: all und~r.antboMt~ in tt~n duly va~ted by ths BoRe~d oi Dtnctors of aaW corpontioo. Wi'1'NS88 m~ haed aad otlkJal ~eai tLi~.-......_.r.._._.....l1y 1~_~ ~ =R~cEO aN cou~rr~"~i`-~~t ST. LUCtE ~ • . . RECORD VERIFIEO Notar~? Pubvc ~n a~ tor 19i506 ~ ~ti.~ Stiw ~o~. ' : OZ ~ ~ *Zp ~R 26 AM ~c OGER~OITRAS GLERK GIRCUIT 0 R 8 a~K ~ 3 ~ _ ~ _ ..7~ ~ - . ~ a= , . ~ ei''~ ~ 4 ~ 't ~=s 5~r . ~k~~. ~~-~~~'„s~m-'w a--`-s-~~* ~c".~'".~. ~ ~~.'~a~, -