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:
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` ~ Lo J, ie~ert , .
_ • _ ...~:W . ~~2 ~i' ~ ~ ' ~
H 1 M, Siefert ~
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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
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$ somm"sssioa Ezpues IS Juu, 1976 Notary PubLc in aad for
~ > . ° the County and State Aforesald.
~ n~:'•'! ,Z ~ My commiaeion eapiree:
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O~''
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~ OF.----°-------•-------_._.___....-----
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~ Befo e peraonally appeared.....----•-••--•---•-•---•--•--...---•--.._-------------~...._»_......---._••_-..~...--_......_.........._.
~ and...._....---•-•--• W ms wall imown aad
Y
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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
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19.~
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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
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z~s~ss a~200 ~272? }
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