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HomeMy WebLinkAbout2367 d. TDat (a) le the event ot u?y bre~?ch ot thl~ mortgage or de[ault on the pnrt ot lhe 1?foctga or, or Ib1 in the event any ot said sums ot money hereln re[e~red to be not p~omptly and tully paid within ~Q days next aiter the same ~everally become due and payable, without demand or notice, or ~c) in the event each and every the st~pulatiuns, agreementr~, cond~tiona and rovenanW of sa?d prom~sso~y nute and thia mortgage, any or either, •re not duly, promptly and tully perto~med, d?scharged, executed, eftected, completed, complied witb end abided by, then, in e~ther or Rny such event, the aud a8gregate sum m~•nt~aned ?n sa~d promissory note then rema~ning unpa~d, with interest accrued, and all money~ aecured h~•reby, ahall become due and payable forth~rith, or there- atter, at tt~e option of said Mortgagee. as [u11y a~id completely a~ it all ot the said sume ot money were originaliy at~pulated to be paid on such day, anythir?g in aa~d promiasory note, anJ or In thi9 mortgage to the contrasy not- withstanding; and thereupon or thereafter at the optiun of sald rfortgagee, ~~•ithout notice or demand. auit at lsw or in equtiy. theretofore, or thereafter begun~ may be prosecuted as ~t all moneys secured hereby had rru~tured prlor to its insGtution. 7. That !n the evsnt that at the beginning ot or at any ttme pending any autt upon thts mortgage, or to lorcclose f~ or to ntorm it. and/or to entorce payment ot any ela~me hereunder, asid Mortgsgea ahW apply to the court havins jorisdictlon thereot for the appo~ntment ot a Receiver, auch court ahall forthwith appo[nt • Receiver ot aaid mortgaged property a1~ and aingular. inclucling aU and aingular the rents. tncome. profits, iisues and nvenues trom whatever source deri~•e~i, ea.h and every ot ~~hich, it being expressly underatood, fi hereby mortgaged as it apecitically set :arth and descr~Eed in the Rr:?nting and habendum clauaea hereof, and ~uch Receiver shall have aU the broad and e[fective tuncti~ns am1 puw•ers in anyw?se entruated by a court to R Receiver. and such sppointment ahall be made by auch court a~ an admitted equity and a matter of aD- solute right to aaid Mortgagee. and without reterence to the adequacy or inadequacy of the value of the prop- erty mortgaged or to the solvency or inaolvrncy ot said I?iort~agor snd /or ot the detendsnts, aad thst such rents~ profits, income, i~.+ues and re~~enuea shall be a~~piied by auch Recel~•er according to the lien aad/or equity of said Mortgagee and the practice of auch court. 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 3~ears irom date hereof by the mortgagee to said mortgagors or any successur in title of said mortgagors of the properiy hereby conveyed; p:ovided that the total unpaid balance ot the indebtedness secured hereby at any one time shalt not exceed the maximum principal amount of Pollars ~s plus interest thereon and any disbursements made by the mortgagee tor the ~,ay- ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. 1N WTrNES3 WHEREOF. the sald Mortgagor ha~ executed thls mortgage under seal on the day and year herein fir~t aDove ~vrittea. 3i~r~q~f. ed and dellver~q the presence ot: : ~ r ~ ~ ~~~~~!~'~I..-..~. ( SEAL ) • R ert Pa uano v..~..~'~~-.::`.-....._._. - J ~ t Jcc.~c~/ ~ C~-c~.~~(SEAL) Rosalie Paduano BTATE OF•--._~..~AI.~.A............_....... ) covrt~r Og.•••IIQ~~TiN-•------•••----••--•• ~ ,~,;~.;:~i,:~tr . m. p.r.on.ny •p~~----..~iQ~i~ .$.~ji~Q. a nd_.~i.4~~1~.~ ~....P.,A~1JA~,_ h~..~, f e - ' ~ . _ . . . ~ ~ ~ `r~~.•~~ Ii1 ' and known to me to Ae the fndividual__.. described in and w1~o e~cecuted the foregoing instru- , . ~~~~i~~~i~rledtEd befon me that _...he_.__ eacecuted the same for the purposes therein expree~ed. y ; f'=i~ ~.0~'~ ._aay r._..._ ~b.e.t...._ i~..Zi2 ~ ~ . : ~ ~ e ~Y haad and of~~ . ; ~ ~t;~J_~., ~ . f . .'4 . ( •~l ~ M'•A .«J..«. ;:t~°-•• t!' ; _t~',.,; : ( ~ e C~oun y and SU~ fAforeaafd. • t My commiasion expirea: ` STA'CE OF ~OTAl11f ~UBLIC. STATE Of FLONIYA AT LARQE ~ t~. MY COMMISSION EXPIRES 1AN. 19, 1971 COUPiTY OF.....--•-•--._.__..._.....__._•--..._-• Before me personally appeared._.....---•---•-•---••-• ~ aad_..-• .._.~_..M.._...___..._..._._., to ms wall lmown sad ~ t~ lcnown to me to be tha_..--••-••_-_..._..__.....__._...Presldeat aad___..M..__...-----•_...___.._......._._._.._---.....__...___.._._ Secr~ ~ ths oorponUon ~ reapectively ot ~ named in the foregoins uutnim~a~ and known to me to be the per~ans who ~u ~uch ofilcen ot uld corpor~tion. ~ .ana ca...~a " executed the eame: aad then aad thsn tt?e ~ald......~........._.•--•---...-••--..._..-•-----_...------...---•---_-•---•_......_.....~ ~ ----------•---.__~~....._._..did acknow?ledas Dsiorr me that ra/d ~ r tnstrument Is the free act and deed of uid corporation Dy them reapsctlvnly ezecuted u such oMce» for tl~~ purpoaea therejn eapres~ed: that Ne ~ea1 tt?ereunto attached li Ne c~ocpor~te ~eai by them tn 11ks e~pufty at- ~ fized; W under wthority 1n the~n duly ve~ted by ths Board oL Directon of sald corporation. r ' s~ 10.._._ ~ oVTPI~B my hand aad atAcla! seal tAli-•-...--•---------.....day a~..._---•-...•-_• ~ FtLEO ANO RECOROED` _ ~ ~ ST, lUC1E COUNTY. FLA. Notary Pubifc In and for ~ cn~ couac~ .na sace wro~a ~ F--, c a R F p Yr oomml~sioa ezpires: ~ 200O0 i ~ 'TO OCT 21 PM 1: SO ~ ~i~;,~R PO'7RkS ~ CIEFtK CiRCU1T COURT pQRK~f~~ 6 v ~ - _ ~ _ ~ .