HomeMy WebLinkAbout1454 d. That (a) In ths avent ot any breach ot thi~ mortgege or detault on the part ot the Afortga o~, or Ib) la
the event any ot said surru ot money herein re[erred to be not promptly and [ully paid within t~Qdays next
sfter the same severaily become due and payabte, wit!?out demanJ or not~ce, or ~c) in the event each and every
Lhe at~pulations, agreementa, condltiona and co~•enanta o[ slid p~om~s~ui y note and th~s nu,rtgage, any or efther,
are not duly, promptly and tully perlormed, d~scharged, executeil, et[ected, completed. compiied with and abided
by. then, ~n eithar o~ sny such event, the saiJ agg~egate sum m~•ntioned ?n sa~d promissory note then tema?ning
unpa~d, with intr~est acerued, and all r.?oneys secw~ed h.•reby, shaU Decume due and payable forth~vith, or there-
stter, at the option of said Mortgagee, as tully and c~~mpietcl~ as if all ot the sa~d sum~ of money were originally
st~pulated to be pai~ on such day, anything in said pron»ssory note, an~1 or in this mortgage to the contruy not-
withstanding; and thereupon or thereafter at the opti~~n ot sald 1?lortgagee, ~~•ithout noGce or demand. suit at
law or ~n equlty, theretoforo. or thereatter begun. may be prosecuted ae it nll moneys secured hereby had matund
prior to ita institutioa
T. That in the event that at the beginning ot or at any time pending any suit upon thls mortgage. or to
foreclose it, or to retorm it, and!or to enforce payment ot any clarms hereunder. eaid I?fortgagee shW ~pply -
to the court having jurisdlctlon thereot for the appointment ot a Receiver, auch court ahall torthv?ith appoint
a Receiver ot said mortgaged property all and ~ingular. including atl and aingular the rent~, income, profiL.
issues and revenues from whatever ~ource derived, ea.•h and every ot ~vhich, it being expressly understood. ir
hereby mortgaged as ii apecitically set forth and descnt.ed in the grunting and habendum clausea hereoi, and ~
auch Receiver ahall heve all the broad and ef[ecti~•e tuncti~ns ami pu~~•era in anyvv~se entrusted by a court
to a Receiver. and such appoiniment ahall be made by auch court a~ an admitted equity and a matter of aD-
solute right to aald Mortgagee, and without reterence to the adeyuacy or inadequacy of the vafue oi the prop-
erty mortgagcd or to the solvency or insolvency ot aaid l~tortgagor and ior ot the defendanis. azW that such
rents. pmfits, income, is~ues and re~•enue~ ahall be applied by ~uch Receiver according to the llen aad/or equity
of said Mortgagee and the practice ot such 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 years from date hereof by the
mortgagee to ~aid mortgagors or any successor in ti11e ot said mortgagors of the property hereby conveyed;
provided that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed ~
the maximum principal amount of - Dollars ~
(a plus interest thereon and any disbursements made by the mortgagee for the pay- #
ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. ;
II~1 WITNES3 WHEREOF. the aald l~iortgagor has executed thls mortgage under seal on the dsy and year ~
herein iint above wrlttea =
i
9igned, sealed snd del5vered in the pr~ence o[: ~
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. ( SEAL ) ~
/ , William F. F nch ~
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, ~
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(SEAL) ~
Dorothy . French ~
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0 a A~ ~F"'..„11_....[..« ~ ~
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COUNTY OF---~~fi.l~ : : ~
i
_~I LLLIAM...E .FBEN~H..sud._.DDEQTi~ .F~~~1~ It~l. f e
?Before me perwnailY sPP~~a--•- ~ , ~
• 1
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'I .._.._..---._~__.._.........._..__..___......_---------------•-•------_........__._..-------........__..._.__._-----..._.._..._.___----------_._...~..--~E•-Yd?--;~wy~•~.~~ :
to me ueil known and know~n to me to Ae the individualS. dwcribed in and who executed the ~
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ment, and acknowledged before me thst .x.heY. eacecuted Lhe ~ame tor the purposes thenin ez -
~ ~"~'~T •
! W1TNE53 my hand and offlcial seal this-•-•--~~~-.-.. y oi_..._ ....--..L=-_.- ~ ~
! f1~E0 J?N~ RE~OIt~~~ ~ ~ '
. Q ~~'i,:
E St.IUCtE COU TY G,~ c~_- \~G'
` ROCEa ?OITQAS ~ ...1 .
CIERK CIRCUIT CQ1M owy publi~ aad for A]~1Z `
? RECORQ YERIFIEO.~e County snd $tate Aforeadd. "r~~...-.
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9~~~~~y commtsaion e~cpireaf~!ary Pvbt:t. ~trtc cl Florida at la~~e
? STATE OF..-• NfR 8 ~`,iy Cc7 :,.ss~o^ Exair~s t7 1: . Er ~
3S.
~ cocsJ~ !v :.xerK~~ r n 5 . _s.a. ~-o.
~ COUNTY OF
~ Betors me personailY sPP~arod---•--•--...-•---...••--••--..__..__._ ..p.-~+.-~-~`.'.'~ _w._.._~.__..____..~_....__~.._
~
a to ms well lmown and
~ an~_....._--••-•-•-•••••---••--.__.....--•---•-----------.__..._~._..___.._.._.._....._ .
~
~ known to me to be the--••••••--•..------...---....--.-•----Preddeat aad.._...__._.._..--------•---•-•--••--•--._..__._~..____.__.__..__ 8~cretir~
' nspectively oi the oorporatlon
~ named in tbe toregoing initnunea~ aad known W me to be the persoru who a~ rucb oftlcers ot aaid corporatjo~.
~
~
- executed tRe aame; and Wen and there the ~ald.----•••-••..__...._....___._.._..._..___...____.._.._..-----__._._._......---_..aad t!w W4
>
s . .._..._.---__._..~..._~d1d acknowledss bKor~ me t~at ~atd
- lnstrument is the free ~ct and deed ot said corporatlon by them reipsetivelq ezscutsd a~ auca oMars tor tb~
purposea therein expressed• that tha ~eal tt?ereunto attached L th~ oorponte ~eal b~ tham tn I1ks capaclty a!-
- fiued; W under authority tn them duly veated by the Bosrd of Directors of uid oorporati~.
;
WITNESS my hand and oitlcial ~eal thii-•-•---••..__.~__.....day of.____...._.__ i~.._.._ ~
R .
` Notary PubUc in and for
= ~,e councy .na saa wro~a.
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Hr oommlr~son esptre.: .
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