HomeMy WebLinkAbout0359 6. TAat lal 1~ the event of any breach ot th~a mortgage or default on th~ ~art ot tne ~[ortgagor, or ~b~ tn
Lhe event any of said suma of nwney herein re!erred to ~e nut promptly anJ f~tlly pa;d w•~chin ten days next .
after the s;uiie severaliy bccume due and payable, w:tho~it d~•mand ur nat,~•r, ur !:n ti:e e~•ent each and every
the st~pul:uions, abrecm~nts, con~ihons an~ .•o~•~ nants of s~:.l prum.~~~a n.::e an~i iFus ~uurt~uge, any or either,
are not duly, promptly and fully prrformed, dischar~;ed, execute~, effecte.i, cc~mplec~d, com~Led w•ith and ab3drd
Dy, then, in c~ihe~ or any ~uch e~ent, the sa?~ aggregate sum m~~nt:un~J in s.i::1 F~ro~n:ssory nute then rrmain~ng
unpaid, ~~•ith intrrest ncerue,l, and aU tnaney's se. cred h~ reby, sh:.ll becu~ne due nnd payal,:e forth~~ith, or thera-
atter, at the opUOn ~t ~aid ~torcg.~kre, as (u1ty an~i c+~mp~ere!}' _is if all oi the sau3 sunis of money w•ere onginally
at~pulated [o be pai.1 on such .lay, anyihing i~ sai~i pron~~ss~rt• nnte, an~i ur in t~~s iuori~.~ge to the contrary not-
w•ithstanding; and therei~pon or thcreafter at the opU~~n ~f said ~lorttiagee, ~~•:thout notice or dcmand, suit st
law or in equity, theretofore, o~ thereatte~ begun, may be prosecuted as if all munays secured hereby had matured
pnor to its ~nstitution
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7. That in the event that at the Deginn:ng ot or at any tlme pending any suit upon this mortgage, or to
foreclose it, oc to reform it, and'o~ to enforce payment ot any claims hereunder, ssid \tortgagre shali apply
to the court ha~ing juns.iiction thereof for the appuintment of a Ke~~en•cr, such court shall forthwith appoint
a Receiver ot said mortgaged praperty ali and s~n~~lar, inciu~ling a12 and singi~lnr the rents, income, protzts,
issues and re~•enues from whate~•er source deri~•ed, ea,~h and B\'P1'}' J~ ~.•h:ch, it ae:ng expresely understoud, is
hereby inortka~rd a~ if specif?cally set forth and descrited ?n tt~e };r:.c~ting and h9bendum clause~ hereof, and
aueh Receiver shall have al! the broad xnd effecti~•e [un~•tinns aiid ,:~,r:~rs ~n an}~vise ent~uated by a court
to a Receiver, and such appointment shall be R1A~IC by such court as &n ad~nit:ed equity and a matter of ab-
solute right to said riortgagee. and without reterence to the B~iP(jtlACV or inadequacy ot thp value ~t the prrg-
erty mortgaged or to the solvency or insol~•ency ot said 11ortRa~or and 'or of the dafendanta, and that auch
renta, protit.~, income, issues and re~-enues shall be a;~pl~ed by such Recel~•e: according to the l[en and/or equity
of said Mortgagee and the pract~ce of such court.
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IN WITNESS REOF, the aaid D~iortgagor has executed thi~ mortg e under ae on ihe day and yeu
herc~n fi ve
.
Sign seal and el' ered e presence of: i
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~ WILLIAM H. WA , ustee -
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REC6i~ S-`-=-~-~~-- IN AA'.!!FNi OF ?A[ES
WE ON CUlSS 'C' I~ITANG;BtE t'E^SC!ia~ PZLVS_r~iY,
pli^S;?ANi 10 CH~?PT~R Z0724, A':~ ~.~f 1S11.
EOG'R PJITGRS. C{erk Cir.~it Ccs~t
as qgent b1 OAf=I~l N. Kf~GMi~_~S. Sit.
~ St lutie Couc.t~ Tat Coll~ttor '
STATE OF..........._F~QR~I,~l~.---......... ) `1 /
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COiTNTY OF_..._.. ~~~.I y tSY ~ _ _ - - -
DEPUIY ClEalc
` . W I LL 1 AM --Hj---~ WAT$Q~ ..__.d S.. _T.]C'id~ x.~~--------•----•---
; . ~ior~ me Personally appesred...._...-.--•••••••-- - - . . . . . _
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; ~to me welt kno~W and knou-n to r.:e 'o *+e Lhe :r.~v:dual de~cnbed in and uho exrcuted the foregoing :natn~-
: tneri~ and aekt~olq'Iedged betore me that ....he.. . executed the same for Lhe purpo~ea there~n expressed.
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: _ WT~'NF,j~3 my hand and official seal th~a.._ .....~Q!-••-......day of.~.•--.L~.IQ~ 1~^~s• .
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. • ~ ,f` I3otary Public in and for .
- ; the ('ounty and State Aforesaid. "s
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' -•+t''' ~iy commta~iun ezpirea: ~
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; 3TATE GF . . . _ _ . ~
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1~. MOTRaY tilaLiC, STATf OF FLOSiDA AT UR6E
-
~ COUNTY OF-_----.•-•.- MY CUhiia:a51JN ExP~nES !At:. lti, i~ji 2
~ONDED 7MNJ4oM /RED W. O~E87C~.sfowaf
Before me perauaaliy appearrd - ~ -
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~ to me wsU known and
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known W me to be the_... ...............Preaident an3-----•_--•-•...._..._._....----
~ re~pect~vely ot tha corporstloa j,
_
named in the forrgoing instnunent, and knovvn to me to be ths person~ vrho as such ofiScers nf aaid cor~.+ontion.
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;5~ . and ths Wd . `
executcd the aame: ar?d then and there the saiQ._......... .
_ .
4~1 acknnwledt~ hetn?w me tlut 4aid .
. .
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- instrument ts Lhe free ~ct and deed ot said corporation by them re; ^
~ purp~x+es therein expressed: that the xal thereunto attached fi th. -~i ~~L
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fixed: eil under authortty tn them duly veatcd ~y the Board oi Dircc , ~~T/iQ" -TAi~+iP 7AX
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WTTYFSS my hand d s ' ~
=3 ~ILE~A~~l~~D[~ ~ ~ . ~
=T.lUC1E COUNTY FLI?. i , ~ V - •3 ~ O
ROGEa PO~tIIAb _
_ . CtEl~~ C~Rtutt COURt -
RECORD vER~FiEO~ - ~ ~ ;j,.~i~ , ~
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STAT E~~ F L O Rf O A _~g~~
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