HomeMy WebLinkAbout1020 8. Thst (a) In the event o! any breach ot this mortgage or default on the part ot the :1IOClgAF`,A~, or Ib? lA
the event any ot said aum~'ot money here~n referred to be not promptly an.l fully paid within ten days next
aiter the same sevecaily become due and payabie, w~thout d~~mand or nohce, or ~ c 1~n the ecent each and e~~ery
the ~t~pulat~ons, agreemenis, cond~t?ona and covenanW ui s:?id prmn:s~~u y a~~;e and this n~nrtot?ge, any or eithcr,
are not du1y, promptly and tully performed, d~schar~ed, executed, etfecte.f, canple~ed, compl~ed w•!th and ebided
by, then. in e~Lhec or any such event, the saW aggregate sum mrnt~one.1 ~n s~:d promwsury note tt?en remairung
unpa~d, w•~th intrre~t accrued, and all money~ se~•ured h.•reby, shall becut~ie due and pa}•able forthwith, o~ the~e-
a[ter, at the aption ot said \tortgagee, as [ully and cumptetcly as ~t all ot the sa~d suius of money K•ere originally
at~pulateci to be paid o~ such ~ay, anything in sa~d prowlssory nnte, an~! or ?n thls rnortgage to the contrary not-
vc~thstanding; and thereupon or thereatter at the opt?.~n of said \lort~;agee, ~~•~thout not~ce or demand, auit at
law or ~n equity, theretofore, or thereatter begun. may be prosecuted as ~t alt moneys secured hereDy had matured
prior to its institution.
7. That in the event that at the beginning ot or at eny time pending any suit upon this mortgage, or to
forcclose it. or to reform it, and/or to enforce payment ot any cla,ma hereunder, said I?iortgagee ahW spply
to the court having jurisdiction thereot for the appo?ntment o[ a Recei~•er, ~uch court shall forthwith appo?nt
a Receiver ot said mortgaged property ell and s?ngular. inclu~ing all and singular the rents, lncome, profits.
ia~uea and revenuea from whaterer ~ource derived, each and e~•~ry of ~~•hlch, ~t being expressly understood, !i
hereby mortgaged as i[ apecifically set forth and descr~ted in the ~r:~nt~ng and haDendum clauses hereof. and
such Receiver ahall have all the broad nnd eftecti~~e tuncti~ns an~i p.,~~:ers in an~~~•ise entrusted by a cou~t
to a Receiver, and such appointment shall be made by auch cuurt a~ an ndrnitted equity and a matter of ab-
solute right to said Mortgagee, and without reference to the adeyuacy or inadequscy ot the ~alue of the prop-
erty mortgaged or to the solvency or insolvency ot said 1?tort~agor and!or of the detendanW, and that auch
nnts. profits. income, i~sue~ and re~•enues shall be at>plied by such P.ecei~•er accordi~g to the lien and/or equity
oi said Mortgagee and the practice ot such court.
. erstood and agreed that this mortgage is given to secure, in a ition to e n a~on
above descri loans or future advances ~nade within twenty ye e hereof by the
mortgagee to said mortgagors o r in title oi said mort e property hereby conveyed;
providecl that the total unpa~d balance of t e i ereby at any one time shall not exceed
the maximum pcincipal amount of Dollars
(S > s t ereon and any disbursements made y for the pay-
mrnt of taxes nsurance on the property encumbered hereby, W ith interest on such ~s
IN WITNES3 WHEREOF. the asid Mortgagor has executed this mortgage under neal on the day and year
1?erein firrt ~bove ~vrittea
3lgqed. aealed and deHvered in the presence ot:
; ~
• r, ~ ~
. '
~ - Char les F. S ipos
_ _
,
~~'Ji>-c~ ~
Mary E: Sipos
FLORIDA
3TATE OF---...._.... ~ :
~
~ covrrrY oF._....._~.A~rl.t~..._. .
~ ~
; Charles F. Sipos and Mary E. Sipos,»_his wife
~ Betor~ me personally ~ppeared_._.....----•---------_.._._......_..._~
- •
y , .:t.::: , ; ; , , ,
_
~ • , t ` o j..~..._........_..._.
: a-mel~ne31, r and know~n to me to De the individual.S described ia ead who executed the foregoing inatru-
~ :~ip~n~ and ~~~-~"-'edged before me that ~.he-•~l executed the same for the purposea therein expre~ed.
~ _ : ' . , Y . y . .
a ~ • ' ' " .
, y .
y • - -----_...da oL.~.._._
- _,~~~sa ~y n~a ~,a o:r~~i.~ se~ cr?~:..._.2nd__ Februar w . le._.__ •
ti t,~,.~ \G , 1
. ti~
~ ,J L J \ Notary Publlc in an !or
~ ~ - . • ~ - the County and Sta Afore~aid.
~ , ~ . My commie~ion expirea: 9 . ~ . 7 a
~ STA F
~
~ CO~JN'~Y d ss.
~
~ Before me perso aPPeaTed•-----•---••-•----•-••-•--•-••--•--._._.___._.--------_.___._..._.........~.._.__....._~...__._
~ '
anb._..••-••----•-•---••--•• to ms well irnown aad !
~
known to me W be the dent and___..__.__.....--•-_•- Secretar~
~ res ctivel of tDe rnrponUon
Pe Y
33 i
; named in the foregoing instrument, and known to e rwns who eu such ofHcen o! sald corporatton.
.y
~ eaecuted the ~ame; and then and the uid...--•-----~.._..._._... -.and the said '
- ..r.__.._....._~_._.__... wledge before me that sald
;
insWment i~ th act and deed ot aald corporation by them respecUvely ezecut aucD officers for th~
= purposes expressed: that the seal thereunto attached U the corporate aeal by !n Wce capacity d- ~
fixed• der authority in them duly vested by the Board of Directors ot aaid corporatlon.
r;~ f
WITNESB my hand and oiricial sea] this ............._.._....._._.dsy of...._......_.._......_..-------.......-__.____... 0_._~
~ t
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- FILE~ ANQ RECORDEO No~y pubHc in and for z
- ST. lUC1E COUNTY FLA. ~a ~~tq ~d Sbte Atoresald. ,
ROC:~ FOITRAS f ;
CLER!( C'~CUlT COURT ~y CO~~1O° ~p~'
RECOPL~ VE°1~{ED~.~~••~
4y FEe 1 2 29 PH'~Z
223~81
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