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HomeMy WebLinkAbout0844 8. Tttat (a) In the event ot any breach ot thi~ mortgage or defauit on tne p3rt ot the Aiortgz or, or Ib? tn ~ the event any ot said sum~ o[ money herein re[e~red to be not promptly an~i fully paid K~~thin ~ days next afte~ the same severally become due and payable, withuut demand or not~ce, ur ~cl in the erent each snd e~~ery the st~pLlations, agreements, conditiona and ro~•enanta of ssid prom:s~wy n..te and this mort~age, any or either, are not duly, promptly and fully perlormed, d~scharged, executed, etfecte,l, completed, complied ~tith and ab~ded by, then. m e~thec or eny such event, the sa~J abgragate sum n~.•nt~one.i ~n sa~d p~om~~sory note then rema?n?ng unpa~d, w~ith intrrest acerued, and all moneys sec~ued h~reby, shal! becume due and payable torthwith, or there- a[tec, at tl~e option of said Afortgagee, as tully aud completely as if All ot the saici suiils of money H•ere originally stipulated to be pai~ on such ~lay, anything in sa~d proiwssory~ note, aml or in th~s mortgage to the contrary not- w~thstanding; and thereu~on oc thereafter at the opU~~n of said Alortbagee, ~~~ithout nouce or demand, auit st law or in equity, themtotore, or thereatter begun, may be prosecuted us ~t all moneys secured hereby had matured prior to its institution 7. That in the event that at the beginning ot or at sny time pending any suit upon this mortgage, or to toreclose it, or to reform it, and/or to enforce payment o[ any clalms hereunder, said Aiortgagee ahall apply to the court having jurisdiction thereof for the appolntment of a ftece~vcr, such court shall torthv?ith appoint a Recefver ot said mortgaged property all and singular, including a11 and singular the rents, income. profiW. issuea and revenuea from whatever source de~ived, ea: h and e~•ery ot ~~•hich, it Demg expressly understood, is hereby mortgaged as if ~pecifically set forth and descrited in the ~r:int?ng and habendum clausea hereof. and such Receiver shall have all the broad and effectn•e Nnctinns and p+~~~•~rs in an~~~~~se entrusted by a court to a Receiver. and such appointment shall be made by such court as an admitted equity and a matter of ab- aolute right to aaid biortgagee, and without reference to the adeyuxcy or inadequacy ot the value of the prop- erty mortgaged or to the solvency or insolvency o[ said I?tortgagor and ror of the detendenta, and that auch renL~. profiW. income, issuea and re~•enues shall be ai!plied by such Recei~•er according to the lien and/or equity of aaid Mortgagee and tha practice of such 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 trom date hereof by th~ mor?gagee to ~aid mortgagors or any successor in title of said mortgagors of 1he property hereby conveyed; provided that the total unpaid balance of 1he indebtedness secured hereby at a~y one time shall not exceed the maximum principal amount of Doilars (S plus interest thereon and any disbursements made by the mortgagee for the ~,ay- mrnt of taxes, le~ies or insurancc on the property encumbered hereby, with interest on such disbursements. IN WITNESS WHEREOF, the aald Mortgagor hea executed thls mortgage under seal on the day and year heran tirst abov~ ~vritie~. Signed. aealed and delivered in the presence o[: ~I~7~~L--c-t--f~: ( SEAL ) _ - _ _ CLI CO REN M . ( ~Gt~z.1..----• . ~ . `A" ~o ' i ord~"L~oldren anc~~ Ruth Coldren L ~ (SEAL) RUTH . COLDREN ~ FLORIDA STATE OF...•-°-----° ~ COUNTY OF_._!!!_f~.f~r! l ~a. seton me personally sppeared......._CLIFFORD COLDREN and RUTH ~,,...COLD.~„E.~.,__.._.._.._... his wife - to me v~ell known and kno«-n to me to he the individual5.. described in and who euecuted the foregoing ineW- ment, and acknowledged before me that ..fhe.ji executed the same for the purposea therein e=preasOtl:,. t~. ~ y:, '~;r, , _ . , - . ~ . ~ WIITIESS my hand and offlci~l aeal t}us.......~~..__._-------day of.._.._.... ..~a.~....._.__..~._ 1~.~ , ; . i ^ ' " ' . . i -t<.+?/L~ ~ - -'-~"~'zr-~t No Publlc !n and for = = ~ the unty and State Aforesat~.'. ~ ~ . = _ . S My comminsion expires: ~ 3TATE OF__...--•......--••••••-••---------------•••- NOTARtl PUBLlC. STATE d FlOR1041 rtlARGE : ~ ~ YY CQMMISSIC.`I EX°Ii:FS SE4T..~~~.197~ COUIV'1`Y OF••••-•••-•-•--••--~._..~..~~.._..-••••-_-•- 6on0ed ih~u Gc~. ~c:s:~. u..a,:..u:~rs 1~ Betore me per~onallY aPPeared-------•--........•• ................._.•------•--•_._...._.__....-•-_._..._..._...-------...._.__.__.._---......._._....._......r ~ and----• .._.._._..~-----_____.---~..y to ms well known and ~ known to me W be the.....----.._..---•-••_• _Preaideat and....._.__._..____.._.._.•• 3ecretar~ ~ reepectively ot the corporatlon nained in the toregoing ir?atrument, end known to me to be the personi w1w aa such oftlcera o! sald corporation. ~ • executed the same; and then and thero the ~aid-•-•----------------...---•-•--•-..••--•-•------.--. ____.__......_.._---••------....._._...and ths sald ~ d!d acknowledge before me that sald ~ - lnstrument 1~ the free act and deed of sald corporation by them nspectively executed as svch oMcers for tha ; purposes therein expressed; that the eeal t]~ereunto attached Is the corporate seal bq them !n llke espaclty ai- fixed: all under authority in thein duly vested by the Boerd of Directors ot said cotporation. - 19_.~._ . WITNESS my hand aad of!lctal seal this--.•---••--•--•--------~Y r< ~ ~ fILEO l+M~ `.EGJRDED . a';. ST. WCIE :~UNTY flA. No~y p~bllc in and !or ROC~ ^ p~11RAS ~e ~~ty and 3tate Atoressid- ~ CLERlc G~ ~JIT COURt ~ R E CO c~ v E P~' ~ 0 yIy oomrnlsaion expirei: ~ ,Iu~i 13 i i 32 AM'~Z ~?3 ~ ~ 231336 UR ~ booK~O~ PAGE 844 ~ e, ~ ~ _ ~ ~ e~ w~~~ ~ ~ h , _ ~ - ,