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HomeMy WebLinkAbout0440 d, That (w) ta th~ event of any breach o! t3?l~ mor:~s~ or det~uit on the pnrt ot thc I~fort`~qr, or lbl ln the event any ot s~fd aums ot monay he~e~n relar~cci w De not promptly unJ fully pad w~thln ~M daya neut ~tte~ the same seve~aliy becuine due and payable, v?nthuut demand or not~ce, uc ~c) ~n the svent eacU and every th~ it~pulatwns, agreemenie, cond~tioos and co~•enants ut ~:ud p~om~s:~o~y ouie snd thu tno~tKage. r.ny or either. are twt duly. pwmptly and [ully }M~to~mM, d~schar~ed, executed, e[(ecteJ. completed. compl~ed with and ab~~led Dy. then. 1~ e~the~ ur ~ny such event, thr aaiJ agdregate sum n~••nt~oneJ ,n sa~d p~om~ssory note then rrmaining unpa~d. with intrrest a~crued, nnd ail a?uneys,sccrire:i h.•r~Dy, ahall bec~me due and paynble totthwilh, or there- ' atte~, at the option of i+aid Mort~;nget+. as [uliy and cumpletely as It all ot the ss~d sums ot money wtre onginally atipulated lo be paid on auch day, anythfng ~n sn~d prowissory nate, an~f or In this mo~tgage to the contrary not- withstanding; wnd thereu~wn or thereatter at the opt~~~n o[ sa~d btortgagee. K•ithout not~ce or dcm~nd. ~Wt it ; )aw or in rqufty, theretofore. o~ the~eatter begvn, may be prosecutcvi as ~t all moneys aecurezl he[eDy had maturad ~ prior W ib instiWtion • s T. That ln the event that at thc beginntng of or at any tlme pending any sult upon thls mortgags. or to ; loreciwe i~ or W tef~rm it, and/o~ to enforce payment o[ any claim~ hereunder. said Dtortgagee Msll apply i to the court having juriedictlon thereoi for the e?ppu?ntment of s Recciver. such couK ahall forthwfth appo[nt i ~ Recelver o[ said mortgaged property xll and a~ogidar, including all und aingular the rer.ts, I~come. profita. ~ issues and n~enues imm whatever source deri~~ed, en: h end every of which, it being expEessly uRderstoad. fa + hereby mortgsged as it specifically set forth and descr~bed in the gr:~nting an~ habendum elausei hereof. atd ~uch Receiver shW hsve wll the broad ac?d eftective [un~ti~as and ~wa•ero in anyv?ise entrusted Dy a couK to w Receivu, nnd auch sppointme~t ahall be ms~le by such court as an admitted equity and • matter of sb- ~olute right to said Mortgagee, and without re[eceRCe to the adequacy or inadequuy ot the value of tha ptop- erty mortgag ed oT to the solvency or insolveocy ot asid MortgaRor wndior ot tho defeadants. ~pA that auc.~t renta~ proitis, lncome, i~sue~ and revenue~ shall be s~~plied by such Recelver accordfng to the Uen and/or equity ot aafd Mortgagre and tl~e pcactice o[ auch cnu~l~ ~ 8. It is undrrstood and agreed that this mortgage is given to secure, in addition to the note or obligation { above described any additional loans or future advan:es made within twenty years trom date hereof by the ~ mortgagee to ~aid mortgagors or any succESwr ir~ title of said morlgagors of the property hereby conveyed: ' providecl that the total unpa?d balance o[ the indebtedness secured hereb; at any one time shall not exceed the maximum principal amount ot Dollars (s plus interest thereon and any disbursemenls made by the mortgagee for the pay- m~nt of taxes, levies or insurance on the properly encumbered hereby, with interest on such disbursements. II1 W1TNS'S3 WHEREOF. ths aald Mortgagor 1~as executed thls mort~ags under sea3 on the day and yeu Derein fint aDove ~?rltten. Slaned. aeated Ynd dellvered in the prexnce ot: . . • t~AL) ~'~~.4 rariklin P. Litt1e ~ 1 \ ~ csEAL) N1azy Loui ittle s~rwTa oF_ FLORdT3A F c~ - ~;.~n~,d?~-4:~-------~~ " ; F~ZANKLIN P. LITTLE ar~d MARY LOUISE i1TTLE, ` : - ~ • ~ `i~~ona11Y aPPeareb••-•....___._._...._._........._.__. j ~e~~~; ' - ~ , ~ ; ~ . ;~p me well and'kne~w~ to me tob~ the_jndividual.s dwcribed in nnd who executed the foregoing lnstrw ~ ~ Beat, and ~~rir~edged betore me that 1~.hey.. executed the same for the purpoxs therein ezpres~ed. ~ cl , c ~ rn f ~ a • . i ~~533 mq hsnd and ofriclal aeal tt~is..--•••~•----_..-.._-.dsy oL._._..... y....._....___~... 1~...~ ~ . ~ ~ . - ~ . ~ Notary Public gL~C, STATE ot ii~R1~A et LARGE the County an FiR:S GEC. Z1. 1973 My commission ~~sitiRJUGN fA~U W_ DiEST:IMGRSi STATE OF__...--------•--•-°--°-•------------•--...~ ' { COUNTY OF..----•._.....-------...__._..------•-- ~ Betors me personallY aPPeared----------•-•-•-.._----•-...__._____. ~ an~__..--• _..._.r~._.. Lo m~ we11 laawn aad Secrs ` known to ms W be the..._......._._----.._.._.._.......Preddent aad...._.._.._....---------~_..._.___._.._...._......... tar~ ~ respectively of .r.__~_....__...._..__.~_~ ths oorporation t named ie the foregoing 'uutnimmt, aad kaown w me to be the person~ w1w v~ucb olIIcen ot aaid ootporatba. ~ executed ttie same; aaA Wen aad there the wa.._.._.__._.__....__.--------..._._.__......__._.____......_.._._...___.._..aoa n,s wa ~ ~ a iC~OWIldSA bl~Oi'~ IDC L~t M1t1 : ~ tnstn~mEnt 1s the free uct and deed of s~id corporation bp them reipectively ~acscuted as sucb oMcera for tM ~ ~ purpwes thenin acpns~ed: that tt?e ~eal thereunto attached b ths corporsts ieal Dr U?~m in W[s capaclty at- ~ ~ t~ed; W under wthorlty !n them duly veated by the Board of Directors ot aald corporaUon. ~ ~ vNTt`NE88 my tund aad o~tlclal ae~l t,t.ii .............__.~_--•--day o~....._..---........ ....___.._.......__..w.. t~-..--- : ' FILEO AMO ftfC0RDE0 y ~ S1. lU~C1E COUMIY FIA. ROGER POlTRAS Howy puDUc tn and for ~~EpK CI~CU1~ COURT ~e r•,~t~ ~ g~q ~o~eatd. RECOttO VE~t~F1E0 ~y ~p~; I+~ 9 3~ pM'T 1 ; s ~ 21Q6?5 o R ` a~ox 193 4~0 - -