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HomeMy WebLinkAbout2728 8. That (a) In the event o! any breacA ot thia mortgage or default on the part ot the rtortgTgor, or Ib? W the event any ot said suma ot money here~n ~ete~red to be not promptly and tully paid w~thin ten daya next after the same ~everaliy become due and payable, without demand or notice, or ~c) i~ the event each snd e~~ery the atipulations, agreements, cond~t~ona and ro~•enanta of a3~d p~omissury note and th~s murtgage, any or either, are not duly. promptly and [ully pe~[ormed. d~scharged, executed, et[ected, completed, complied Kith and abided by, then. in e~the~ or sny such event. the sarJ aggregate sum m.•ntioned in s.~~d prom?ssory note LAen rema~ning unpa~d, with interest occrued, and all moneys seciu•ed h~~reby, shall becume due and payable forthwith, or there- a[ter, at the option of said rtortgagee. as tully and completcly as it all of the sa?d swus of money a~ere originally aUpulated to be paid on such day, anything in ~a~d pronussory note, and or in this mortgage to the contrary not- withstanding; and thereupon or thereatter at the opti~~n ot said ~iortgagee, ~~•ithout nouce or demand. auft at law or i~ equlty. theretotore, or thereatter begun, may be prosecuted as it all moneys secured hereby had matured ; prior W tts institution T. That 1n the event thst at tha beginning of or at sny time pending any sult upo~ this raortgage. or to toreclwe i~ or W niorm it, and/or to enforce payment o! any claims hereunder. aaid 1?Sortgagee shall apply ~ to the court having jurisdiction thereoi for the appointment ot a Receiver, auch court shall forthwith appoint a Receiver of naid mortgaged pmperty all and singular. including all and aingular the rent~, income, profita, issues and revenues from whstever aource derived, ea. h and every ot H hich, it being expresaly understood, L hereby mortgaged a~ if apecitically set [orth and descr~ted in the Rranting and habendum clauses hereof~ and such Receiver ahall have all the broad and e[fecti~•e functions and pu~~•e~~ in anywise entrusted by a court to a Receiver. and such sppointment shall be made by auch court as an admitted equity and a matter ot ab- solute right to aaid Mortgagee. and without reference to the adequacy or inadequacy of the value o! the prop- erty mortgaged or to the aolvency or insolvency of eaid MortRagor andior of the detendants, and that auch renta. prnfiW. income, issue~ and re~•enues ahall be al>plied by such Recei~•er according to the lien and/or equity of said Mortgagee and the practice ot such court. ~ 0 above described any additional loans or future advances made within twenty years irom e , mortgagee to ~aid mortgagors or any successor in title of said mort a perly hereby conveyed; prov~ded that the total unpaid balance of the inde ereby at any one time shall not exceed • the maximum principal amo _ _ . _ Dollars e' (s , plus interest thereon and any disbursements made by the mortgagee for the pay- a II~T WTPNES3 R?HEREOF, the said Hortgagor heu executed thts mortgage under seal on the day and year herein first above ~rritten. Signed,Y' se ed and de8vered in th- esence of: ; ~ ~ v ' - ` ~ Lo J, ie~ert , . _ • _ ...~:W . ~~2 ~i' ~ ~ ' ~ H 1 M, Siefert ~ ~ ; sTw~ oF. FLORSDA ~ ~IARZ'I1~T " coviv~r o setor! me personavy app~area...:.L~~~J...._S~F.~'F~T_~11GLHA7,F.T, .I1Q.,.._. • ~ T~, i ~~.~~e' ...____.._.__.w_.........._.__.._........._...._...._...._...._..___... ' ~~'.~s~ qrgll• l~kqw~f; and known to me to Ae the dividual S. described in and who executed the foregoing lnetru- ; ~ ~~prt.~ *and aca[6o9wledSed before me that ~_h~ executed the same for fhe purposes therein ezpressed. • ` yV{~SS my hand and officW aeal this.._...~.__L.._..__.dsy oL.....~~~~~...._.__.~._....._., 19.1 Z ~ t . ' ' i, - . ? r _ _!~!!!C_~ $ somm"sssioa Ezpues IS Juu, 1976 Notary PubLc in aad for ~ > . ° the County and State Aforesald. ~ n~:'•'! ,Z ~ My commiaeion eapiree: . . :-^i w«..~.~~.~...~......~~'~~....~..~~~....~.'~~". q ~ O~'' ~ . ~ OF.----°-------•-------_._.___....----- ~ ~ Befo e peraonally appeared.....----•-••--•---•-•---•--•--...---•--.._-------------~...._»_......---._••_-..~...--_......_.........._. ~ and...._....---•-•--• W ms wall imown aad Y ~ known to me to be the_...---_------ .__.._.__.......Preaident and..__._._..._.._.._.._.-- z:' ' ~ z the corporsUon ~ respectively of ---••-•--••-..w ..............M.._ ~ named in the toregoing instrumw~ and known to to be ths per~oni who aa euch ofllcen ot sald corporstlon. ~ s . aad the said executed thc ~ame: and thea aad there the satd.•--•.....---•-..__. ,_._d1d aaknowledge bafors me that ~ald lnstrument la the free act and deed ot safd corporsUon by them respecUve ecvted as auch of!lcers for th~ ' = purpwes therein expreased• that the aeal thereunto attached is t2ie corporate by thnm in Wce capaclty ai- , fixed: all under authorlty in them duly vested by t6e Board o! Directon ot aaid o0 on. i ~ , 19.~ ~ W1TNE38 my hand aad of!lclal ~eal thie-•--------------~......._.dsy oi........_......___...__.........---__ ...................___.._.._......_...._..__r.._..............._._ _ i Notary Pabllc in and for ; ' AIiO !l~ ~~~R ~ Hy commiesion ezpina: ' ~R ItE~M~€0 YER~F~p ~`s M~t 3~ il u ~M'ZZ ~s z~s~ss a~200 ~272? } ~ ~ f - ~ _ f,.~'.a~',^+cS.'xc"'.t,...'-,^ ..t_a . ..a._ . ~ . ".G. bLL-_-._ _ . . . _ .-_..-..,"is