HomeMy WebLinkAbout2458 d. Tlut (a) la the e~ent ot sny breach of this mortgage o~ detault on the part ot the I~fortgagor, or lbl ta
the event any ot aaid sum~ ot money hereia re[e~~ed to be not promptly and tully pald within ten days next
•iter the same aeverally become due and payable, without demand or not~ce, ot (c) in the evant eacb and every
the st~pulations. agreements, condltions and ~~ovenants oi anid p~om~ssa~y note and thia mortgage. any or either.
ue not duly. promptly and fully performed, discharged, executed, eftecte.i, completed, comptied wilh and abided
by. then, in either or any such event. the said aggregate sum m.ntioned in said promissory note then remsiNng
unpa~d, with int~re~t accrued, and ail moneys secured t~~reby. ahal! become due and payable forthwiih~ ar thera
atter. at the option of said Mortgagee. aa [ully and completely as it all of the said suma of money were originaUy
stipWated to be pai~ on auch day, anything in ~a~d promissory note, and%or in thia mortgage to the contrary not-
withstanding; and thereupon or thereafter at the option ot said blortgagee. without notice or demand, sWt at
law or in equity, Weretofare. or thenatter begun, may be prosecuted ae it all moneys secured hereby had mstured
prior to its Inatltution
Z. That in the event that at the beginning ot or at sny tlme pending any sWt upon thls murtgag,s~ or to
loreclwe it, or W nform lt, aad/or to enforce payment o[ any claims hereunder. said Mortgagee atWl apply
to the court having ~urisdictlon thereof for the appointment ot a Receiver, such court ahsll forthwith appoint
a Receiver ot said mortgaged property all and aingular. i~cluding alt and singular ti~e rente, inceme~ profits,
lseues and revenuea ftom whatever source deri~ed, each and every of which, it beir?g expreasly undetstood. L
hereby mortgaged a~ i[ apecificaily set forth and descriEed in the granting and haDendum elauses hereoi. arrd
such Receiver ahali have all the broad and etfective tunctions and po~vera in anywise entrusted by a court
to w Receiver~ and such appointment shail be made by such court as an admitted equity ~nd a matter of ab-
aolute right to said Mortgagee. and without re[erence to the adequacy or inadeyuscp ot the value of the prop-
erty mortgaged or to the solvency or insolvency of aaid Mortgagor and/or of the defendanta~ and that such
renta. pro~its. income, istuea arid re~•enues sha11 be applied by sucA Receives according to th~ llen u?d/os equity
ot said Mortgagee and the practice of such cour~
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above described any ' s or future advances made within twenty years from date Aereof by the }
mortgagee ta said mortgagors or an in title oi said mortgagors of the property hereby conveyed•
provideci that the total unpaid balance of the in e ed hereby at any one time shall not exceed
the maximum principal amount ot . _ . Dollars
_ . .
(i - plus interest thereon and any d~sbursements made by t e the ~,ay- ~
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IId WITNSS3 WHEREOF. the sald Mortgagor haa executed this mortgage under seal on the day and yeat
henin tir~t above ~+rtttea
3lgaed. sealed snd dellvered tn the presence ot:
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...~.~.7.~4~-..~.~.~---._ Harry . Crossett ~
~
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~~ti sr~i_,.a~ , . ~1; i
Arnaina. F. Crossett, his wife $
sTw~ oF_. FLORIDA ~ `
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. ~vct~ '
covrrrY oF..~_T..w._._.__.._---•--.___.._ .
Before per~onWy a peareb.~!!~~~ £ ~ ~w.~wi~ ~ ;
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to me well known and known to me to be the iadividualS. de~cribed in and who executed ths foregoing iststru- ~
men~ and acknowledged before me that f-he.~ executed the same for the purpoees thanfa azpreeaed. , }
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WITNLSS mq hand and oftictal eesl this.... .L ........_day oL~........ -
~ .,~r~ +.V ~i/~ '
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...//~i~~M/""""""».. ` a ~ - ~
Notary Public in aad fo~ Z
w~ connty ~,a scacd wto~a. ; . - . ~ Q : _ :
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Mq oommiasion expires: 2 7• iZ~` ,
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GO OF.._...._.........._...._........»._. - - ;
J.s . - . .
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••....r n,1
Betore e personally appeared..._ _ • .
aad..»._._.._....__._»..... W ms we11 knawn aad
Itnown to me to bs the.......... .Presideat aa 8scretar~
reapectlvelY of the oorporaUoa
named in tha foregoing instrumen~ and kn to me to be Lhe per~on~ w1w a~ such oiticara ot utd corporattoa. ~
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executed the eame: .aa wen ,wa che~e cne ..ia.... _..............~..aaa tn...a
;
aclawwledas bsior~ me tt~st salA :
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tnatrument fs the tree act and desd of said corporation by the Uvely ezecuted ~s such olIIosr~ for th~ :
Purpo~ees therefn expreased: that the seal thereunto attached i~ oorporate ~eal by thean !a iflce c~pacit~ ~i- i
fixed: all under authorlty tn tham duly ve~ted by tbe Board of Directo f sald oorporatloa „ i
i
WTPI~B my hand aad ottlcial ~eal this-----._._ ..~.day l~__.._
FILED AND RECORDED ~
ST. LUCIE COUNTY, FLA. ..._-..~........___._._...._._.w
i•~.CORif ~'~?IFI~C the County uW State Ato `
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1~ 3880
'~0 ti"~'f 26 A~I 10 : 2 ~
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CLEFK Ccr~CUiT COURT Bo~K~84 PAGE~~~~
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