HomeMy WebLinkAbout0354 8. Tha?t (s1 1~ the avent of any brench ot thi~ n~nrtgugc o~ de[at~it ~~n the {~art ot the ~lurt~:~F~~r, or ~b? tn
the rvent suiy ot sa~d suma of muney here~n rrferr.d to tx: nut prc~mptly 1n~1 tuliy paid within len day~ next
sfter the same seve~ally brrume due and payablr, w~thuut d~~tnand or n~[,r~~, uc ~cl in the e~•ent euch and e~rry
the s[ipul:it~ons, agre~n~~nts, rond~tions And r~~~~~nani9 u~ s:ud µrun~,>„~iy n,~te xn.l this murt~iy;e, :?ny or elth~r,
are not dul~•, pro~:~ptly and c~Uly {~e~tormed, dischar~;~cl, executrd, e[ir~te.1, c~~mE~iet~d, compl~~d w•~th wnd abided
Dy, then, in c~the~ ur any ~uch e~•eiit, the sai~i u~;gre~;ate sum m~•ntuu~r.1 ~n sa:d ~~ro;nissory nute then rrma~n~ng
unpa~d, ~~ith ~ntrrc~t n:cru~~il, amt all ~uuneys se~ ~ue:f h~reb}~, sli.iU becun~~~ due nnJ p.?yabte forthwith, or there-
afier, at the optton o[ said \iort~:?~;~~c, as tully an~i c:an}~l~~t.l~• n~ ~f all ot the .ai~t sun,s ot moncy ti•ere orig?nally
at~pulated tu be pa~.i un such ~lay, anything ~n sa~d prun:~.sor}~ m~t.•, iin~! or ~n th~s ~nortguge lo the contrary not-
K•ithst:~ndfng; and thereu~~on or therea[ter at the opt~~~n uf ~u~d ~turt;;agce, ~~•~thout not~ce or dcmand~ auit at
law or in equity, theretotore, or thereatter begun, tnay Ge prwecutr.l r~v ~t all munry~ secured heceby had matured
pnor to its institution.
7. That in the event that at the Deginn~ng of or et any t?me pending any svit upon thte mortgage, or to ~
foreclose it, or to re[orm it, and,'~r to enforce payment ot any ciaims hereunder, said l?tortgagee shall apply ~
to the court ha~~ing junsdictlon thereut for the appmntmer.c of a ttrce?•: er, ~uch court shall lorthwith appcint ~
a Recei~-er ot sald mortgaged property e]1 and singular, including alt and s,ngular the rents, income, prof~ts, }
ia~ues and re~•enues I~Jitl ~vhat~~~er ~ource den~•ed, ex~~h nnd c~•E~ry ut ~~•h±ch, ~t being expresaly understood, U j
l~erebp mortgag~d aa it spcc~f?caUy set forth nn~i d~s.•nted ~n lhe ~r.~nt:ng an~ haDendum claiesea heteof. and
euch Recerver shal! have all the brosd xnd effecU~•e fun~tu~ns an~i ,~~~~~.~~rs ~n :+n}•~~•,se entrusted by a court
to a Rece~~~er, and such ap~wintment shall be ma~ie by auch cuurt x~ an admitted equity and a matter o[ ab-
eolute nght to said rtortgagee, and without reference to the adec~uacy or ~nadequacy ot the value ot the prop-
erty mortgaged or to the solvency or insolvency at sa~d 1?iort~a~or and 'or of the defendanta, and that auch
rents, proht~, inceme, issuea and reti~enues shall be aj~plied by such Ftecei~•er according to the Ifen and/or equity i
; o! said Mortgagee and the practice of such court. ~
- - h -!r nneler~leed-and-~reeci- it~a~ b1»c-iwaxt~e~e-ic gwer?-~e-~eenrti tte-addelielr io-lFee ~+ele ~r ~blrgeliow- ~
~ abere-~~crebe~ci-atrr-ed~hene~ iee~ br 4ulnre ~ed~rancer ~wiedr wtlh~~ -4wet?!r~ -yea~s- fren+-dalc-F+E~ree~ br ~l+e-
; r*+arlRol~ee~e f+~eN ~e~ ~r aM~-+ciecexiar-ew~ilk ~4 ~aid -re~c~rtgx~ers-of~ ~1~prepert+y ~eerebp- eetwewree},
; pmweied-t~at-t~ 1o1e~i uw~+ci-1~ei~~nec--c+t~l~e-inci~l~iedwesa- seewc~ i~rreb~~~! aa+e~ ii~wP shei~-nwF e~.~eed-
~ t~r f»t»ere~~~-prine~e~-e~~ea+3l-o~ -Be~lere-
! ~ - - - - - - - - - ~ -{~k~s-~Mere~! -t~ere~n-tN+e~ -a+~y- e~~a~sew~c+e~t~ w~de~v-t~e- s~ier~! ~ege~fer !#t!'~sy`-'
` mrM-oft-ate~r, }~yrie_rer-it+~uraixtett-Nx-properl:r-emvmberc~rl~-herr~-will~tskeresterrynch~~bar~erirtenh-
€ IN WTTNESS ~VHEREOF, the said I?iorigagor has executed thie mortgage under ~eal o e dsy d year ~
° herein first sbove w~'ItteiL
~ ~
. 9igned, sealed and deliver~d in the presence of:
` ~
~ / ~ ' ' - _ _ )
~ rt t rT~ (SEAL
, M_.._..- -
, -
,
~ ~ , ~ l~. H. Watson
,
_ ;
_ .
;
~ ~ .G.: T~ _
x. ~ ,
L....-"...'-'~'....._~« ' "
ti ~
~z i _'t.c~~d-v=a_ / ' Z'U` ~l~ SEAL) ;
- Susan J. ~ tson ~
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ti
Florida
, STATE OF - ~
Y.
~ Mart in ~
~ COU:~T'I'Y OF.....-••
_ .
' William H. Watson and Susan..J__. Wats,~,._
.F ~ .
• Betore me personallY aPPeared-----••-..-.....
his wife,
_
to me w•ell kno~~•n and knou-n to me to Ae the indi~•idusl8.. descnbed ~n and vvho executed the foregoing instru- ~
ment, and acknowieclged before me [hat ~.hey. executed the same for the purposes therein ezpressed. '
_ ,
,
19th Au ust.__ , ' 71
i~._~
V~'IT~JESS my hand and offlcial seal Uua.._..-_--.-•°----••-••----daY o!•------.....__....g_.~. .
" ~IlEO A~C ~ECJP.6E~ ~ ~
.
`
' ST. I~iCIE ~OUlITY FLA.~ v
` ~ t-~? . '
- RG~Er ?ZtTRAS .
_ ClE~?~ La'._ UtT C URf~otary~ b~ Stet~.efAtoresald.
RECOR!'~ v: -1ED~~ ' • Y
' YF ommiaaion expirca:
; STATE OF-. - i 1JC~ U I I ls ^~~^1SRI FO?['C. STe*f ^;F R~FiD' '.T [~~Gf
: ` ss. : . - . " .
_ _ .
COUNTY OF ...............................ti . : _ : , 12
~ 21f?f S8 _ - . , 9, ~ 1-
~s Before me per~onslly nppeared_......--
<; and---. .............._-•------._..__._.~.._......-•---.._.....~r..----•---_.._-•-----_....--------• w me well lmown aad
known to me W be the....- ~----._.._..•---••-•••----._.....Preafdent and._-•-••_------......•-_-•_••--•.•-•--•-•--••-----••-----•••-----•----•.•----- 8ecretar~
:.-9
respectively ot tAe corporadon
_ -
3
named in the foregoing inatrument, and know~n to me to be the personi who aa euch ofiicera of said corporaUon. T
..and the ~aid '
executed the ~ame; and then and there the safd
~
. did acknowledge befon me LhaL Wd
~
- in~i~-umeni fs ihe free act and deed ot aaid corporat?on by them nspectlvely executed u such oMcers for tb~
pu!-poaea thete~n expressed; that the seal ihereunto aitached is the corporate seal by them tn Wce cspac~ty af-
_ tuced: nll under authority tn them duly vested Dy the Board of Directoro of aaid rnrporation.
WTTNES9 my hand aad oftlcial ieal thjs._.~.......__.__.._._...daY of---•-••----_.._._....._..-•••_--•.....__._._......__.. 19.._._
~ P G;~;~~p
~ fIlEO R~~
_ y Notary PubUc tn and for
2` the County ~nd 3tate AtoresalQ.
: ~fy commlesfon expirei:
qECO
~
~ ~
OR
_ ° R 1~ 354 . 6Q~r
- aQ~x
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