HomeMy WebLinkAbout2126 8. That (a) ln the event of any breacl~ o! thia mortgage or default on thr part of the l?tortgwgor, or Ib1 ln
the event any of aaid bums of money hereui referred tn be nat promptly and fully p~ud veitRin ten days next
after the same severaUy become due and payable. K~lhout demand or not?ce, or tc) in the event eacA and e~ery
the atipulai~ons. egreemen+,a, cond~UOns and co~•enanq oi as?d prom~ss~u~• note and th~a niortgage. any or elther,
are not duly, promptly and tully pertormed, discharged, enecuted, effecte.i. completed, complied w~th and abided
by, then, ln e,ther or any such event, the ~a=_J aggregate sum m.~nt,one.i u~ sa~d promissory note theA remaining
unpaid, with interest accrued, and aU moneys sccured h~reby, shall becomc due end payabie torthw~th, or then~-
after, at the option of said Mortgagee, an tully aud completely as if all of the said sunis of money wero originally
stipulated to be paid on such day, anything in ~aid pron~issory notc, and or in thia mortgage to the contraty aot-
w•tthsianding; and thereupon or thereafter at the option of sa~d blortgagee, ~~•ithout noUce or dem~nd. auit at
law or in equity, theretofora, or Wereaiter begun. may De prosecuted as it all moneys secured henby had matused
prlor to ita institution
T. That in Lhe evmt that at the beginning ot or at ~ny time pending any auit upon thb mortga~e. or to
loreclox it, or to nform it, and/or to enforoe payment o! any ciaims hereunder, ssid Mortgag~s shall spply
to the court having juri~diction thereot for the appolntm~nt of a Receiver, auch court shall forthwiW appoint
a Rectiver of aaid mortgaged property all and singular, including all and aingular the renta, lncome. pmfita.
iasues and revenues fmm whatever source deri~~ed, ea.:h and every of v~•hich, it beinq expresaly understood. L
hereby mortgaged as if epecifically set torth and descrit,ed in the Rranting and habendum - clauxa hereot. and
such Receiver ahall have W the brotd and ettective Nnctinns and ~w~.•era in any~rise entrusted by • court f
to a Receiver, and such appointment ahall be made by such court as an admitted equtty and • tnatter ot ab-
solute right to said Mortgagee, u?d without referrnce to the adequacy or inadequacy of the value of tha prop- j
erty mortgaged or to thc solvency or insolvency of said AtortRagor and ior ot the defendanta, and that such ;
rents. prohts, income, issues and re~~enues ahall be applied by such Recei~er ~ecording to the Uen and/or equit~ ~
of said ]riortgagee twd 4le pracUoe of auch 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 frotn date hereof by the
mortgagee to ~aid mortgagors or any successur in title of said mortgagors of the property hereby conveyed-
provided lhat the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed
the maximum principal amount of - - Dollars ~
~s plus interest thereon and a~y dishursements made by the morlgagee for the pay- s
ment of taxr~,-levies or insurance on the property encumbered hereby, with interest on such disbursements.
IN WITNESS WHERDOF. tha aaid Hortgagor has executed this mort~age under seal on ttie day and year
hcrein fint aOove writte~n.
3t6ned, eealed and deUv~.red in the prexnce ot:
~ .~a~~--~---.._...---~~---~ BRYN GROTJP - ,
;:~'t.~
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.._.~.~~...tL-_.4 B ~
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( Corporate SEAL ) _ ~
~ ; _ -
- °.7 . • -~ti
. ~ .r - .
OF.___.._.._.._.._.._.__...__....__~ ~
~ COUNTY ~
~ Betors me ~PP~red-..___.~._.~____...... . -
~
t
-
; to me well known and known to me to e individual..._ descnbed in anp who ~
e
ir~~ ing lnetru-
~ ment~ and acknowledged before me that .--he---- ecuted the same for the urposes P
? WTl'NE83 my hand and official seal this_---......._ ____day oi..._._ ..w._..~...____._.---. 1~....._.. i
i
y Notary pn ~ and for
~ the County aad Aforesaid.
~ FLORIDA ~Y ~~?~asion e:pins:
3
~ 3TA'1'~ OF.----•-------••-•--•------•------•----•------ ~ ~
~ {
~ cotrrrrY oF...ST =---I-=LT~IE..__..._ ;
~
€ Merritt. ~i._..
Tavlo.r_,._.,Lr_.
Before me personally appeared._.-------•-•-----._.-
M -
- _ ---~-.-.s LO ID~ ~Iln kII07VZf a~
~
~ ]cnown to ms to b~ the.._-----._~_...._._.---__.._.Preddent ~_w....~.~~-__.________._...f__~~._ ............._.r_ ~
ths oorporation
~ nl~ear~ °f ---•--~E-•B&Y-I~..MA3~.L'sRl~~T.~~.-~IC''
named in t2~e foregoin6 in~trument, and lmown to me W be ths Pa~~ wlw a~ anuh olIIwrlr o~ aaid corpoT~tlon.
Y ezecuted the same; aad tDen and thera the ~ai~_._.._._.MET.JC1Lt.~___T83t1IIt.r~.~........___._._...Xi~i~~faii
~ ~ ~c1mo~~vleclae Ddon me tbat ~aia
_ .
- inatrument is the free act and deed oi said corporation by them respecUvet7 eiecuteA s~ o!!lceYit for t~ '
_ purpose~ therein expresaed • that the sea! thereunto attached fi the oorporate seal b~ iham fn llke capa~j' .
~ tized: sll uader authorlty fn l~~du1Y v~ted by the Board of Directors ot sdd oorporatio~. :/r .
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- ST. LUi.tz ~ JttNTY Fl~l. ~ 8u~ ~o»~ald.
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