HomeMy WebLinkAbout0020 d. TRst Ia) ln the event ot sny b~each ot thii mortdage or detault ~~n the part ot the ~tortga or, or Ib) In
the event any o! said ~um~ ot money herein reterrcd to be not pro~nptly anJ lully ptud w~~thin ~ days next
a[ter the same seve~ally become due snd papable, vti~ith~~ut d~man~) or n:~t~ce, ur ~c~ in the e~~eni each snd e~'ery
the stipulat~uns, agre~mcnts, cond~tions un~ co~~enanta ut 3:U1~ Fl((1/7i:J1~11 7i.r,e and thi+ ieu~ri~age, any or either,
are not duly, promptl~ and tully ~rr[orined, d~scharfi~cl, exccutc~l, etie~ te,f, c~~mpleted, complied With and ab~ded
by, then, in c~ther or any surh e~•ent, the saiJ a~;gre~;.~te sum m~~nt~onr~1 sa~J F~romissory note thcc? rema~n?ng
unpa~J, a•ith interest nccru~~J, and all iaune~•s se~ +u ed h~ reb}~, s!?a11 becume due xnd payable torthwith, or there-
atter, at tlie option ot said ~tortgu~;.~c, as fulty a~~~1 c~~i,;pi~~,~~• ,is ~f all of the sa:~l suni~ ot money Were origtnslly
sUpulated to be pa~.i on such ~ia~•, a:~y!hing ~n sa~d E~ror~.:ssor}• ?t~~te, an~! or in LY~~a rnortguge to the contrary not-
w~ihst~nding; and thereu4~u~ or thereaflcr •it the opt~~~n o[ said tilort;;agee, ~~•ithout not~ce or demand. auit st
lsw or in equlty, theretofore, or thereafter begun, may be pruse.r~ted as it at1 inuncys secured hereDy had matured
prior to iis ~n~titution.
T. That in the event that at the L:.6:nn~ng oi or at any time pending [any suit upon thia mortgage. or to
toreclose it, or to reform it, end or to enforce payment ot any claima hereunder, s~?id Diortgagee ahall epply
to the court having jurisdictian thereof fur the app~untmer.t o! a Nece~ver, such court shall forthwitli appant
a Receiver ot aaid martgaged property alt nnd s~nk~~llr, ~ncluding all 3nd s~ngular the renta, income, prof~ts.
issues and rr~•enues [rom whatr~•er su~uce dcr~~~e~, ra.•h and e~•~:y uf ~a•hich. ~t be~ng expressiy under~tood, fa
hereby mort~aFPd a~ if spccitually ~et forth and ~i~~s: ritrd ~n the ~ranting an~ habendum clauses hereot. and
such Rectiver shall have all the ~ruad Hnd e[fect~~~e tun~~ts~~n. and ~~u.sers u: xny~+•i~e entrusted by a court
to a Receiver, and such appotintmrn[ shall br ma~l~~ by aach cuurt as an adm~tted equity and a matter of ab-
solute right to said Mortgagee, and w~thout reteren.e to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the aolvency or insolvenry o[ satd Diort~a~or and%or o[ the detet?dants, and that auch
rent~, pro[it~, l~come, i~ue~ and re~•enue~ shaU be ai~piied by such Recei~~er according to ihe lien and/or equity
of said Mortgagee and the ptactice ot such court.
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8. It ~s understood and aRrred that th~s inorlgage ~s given to secure, in addition to the note or obligation
abo~~e descnbed any additionat tuans or future advances made withen twenty }•ears trom date hereof by the
mun~agtr to <a~d mortRagors or any s~cce`.~r in title ot said mortgagars ot the property hereby conveyed;
prov~deci that the tota! unpa~d balance ot the indebte~dness secured hereby ~t any one time shalt ~ot exceed
the maxiinu~n princ~pal amuunt ~~f Dollars '
(S plus interest tt:ereon and any disbursements made b~ the morigagee for the pay- _
mrnt ot t:ix~s, ievies or ~nsurance on the propert~• encuntbered hereby, vr~th interest on such disbursements.
IN WTTNES3 WHERFAF, the said 1ltortgagor has executed thia mortgage under aeal on the day and year
here~n fint above wrltten.
9lgned, ~ealed and delivered in the presence of: ~ ~
_
; ~ . . t-~ <
' ) i ~~cr•~~ AL>
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~ ~ Dr Gerson Nfalcolm Perr '
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-:L~.G~.. s.ti:
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.~st ~ -(~/LL EAL) ,
~ Frances Terl erry {
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~
4
sTw~ oF..._~orida ~ ~
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I cotnvl'~t oF...pa1m Beach.- ~ ~
Before me perionWy ~ppeued__...___.R~..Sd°r~.4~._M~:1colm.Perry_and_Frances.Terl.~_..,.._.
---------Pe~~Y,...his..I~..~~~..--~ ~
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to me well know•n and kno~~-n to me to he Zhe indicidual .S deacnbed in and who executed the toregoing instrw
ment~ and acknowledged before me that ..Lhey. executed the same for the purpoaea therein e~tpros~ed.
~'4'ITNESS m hand and oftlcial aeal thi~.... ....18..._..-- -•-•-ds or_._.-----JanuarY..__. ' Y ~
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Notary Public tn and for ' •
the County and Stace Afor~saitL t .
~iy commta~ion expires: bI'~9~~` ` I
STATE OF_. . " • , •
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covrrrst oF- • • ' .
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Betore me peraonally appearea . :
anb - •--•----_.._..--•---w..._......., to ms wali laimAn aad
known to me to be Lhe ..............._..---•----••••--•°....Preaideat ~nd.....--•-°---•••---._..--•-•-- Secretar~ :
reapa.tively of - - . . the corponUon =
named in the toregoing inetrument, and known to me to be the penacu who a~ such oft5cen of safd corpontioa,
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eaecutcd the ~ame; and then srid there the said-- ...............•---•-----•-•-..__...._....-•-•--._.._...aaQ ths st/d '
...................••---...•••--__.._......_._____._._~.._.r.__...._.----••---°--------....._d1d acknowledae befon me that uld ~
instrument ta the free act snd deed of safd corporation Dy them respectfvely executed as auch oMcers tor th~
purposes therein expresaed: that the seal thereunto attached 1s the corpoeate seal by them in llke capufty at- _
fued; all under autJ~orlty tn them duly veeted by [he Board ot Directors of sald corpor~tloa i
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R?TfNE38 my hand and oftlctal ~eal this...----_--••---•-••-•-...daY of..•----•.._..-•--•-•• l~_._._ .
s~.`iuc~E cou~~• .
IIOGER POIT~Af c~~
CLfR1( CiRCWT ~OY~t Notary PuDtic in and for
af40~tD vEfc~f'~f0...~-•~~ the County and state wioreaatd.
xy ~~~on ~p~,:
~ ~7 31i ~
20628;
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