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HomeMy WebLinkAbout2046 - 8. That (al 1~ the event ot any breach of thi~ morlgage or detault on the p~rt ot the :~tortgagor, or Ib1 ln Lhe evenl any of sa?d suma ot money here~n rcfer~ed to be not promptly an,l tuUy pa~d rw~thin tcn daya next atter the same sevetally becume due and payable, wnthuut demanJ or l7Jllce, ur ~c~ in the e~•ent each and e~~ery the stipulat?ons, agreemcnts, cond~Uons and rovenants of s:ud prum:s~m n.,;e ani! th~9 inur:~age, any or eithe~, are not duly, promptiy and fully. performed, d~scharFed, executed, etfecte.f, completed, complied with and abided by, then, in cither or any such event, the sa~d aggregate sum m~•nuonr.l in s.i;d promi~sory note then rcma~rung unpaid, with intetc~t arcrued, and all moneys se~-ured h.•reby, shall becume due and payable torth~~ith, or there- after, at the option ot said ~tortgugee, as fully and c~~mpletcly ~?s 1t all of the saul ~unis of money w•ere originally at~pulated to be pai.i on such day, anything ~n said pronussory note, an~i or m thi9 uiortgage to the contrary not- ; withstanding; snd thereupon or thereafter at the opt~~~n of said \lort~agee, a•ithout notice or demand. auit at • law o~ in equity, theretofore, or thereatter begun, may be prosecuted as ?f nll mun~ys secured hereby had matured ~ prior to its institution. ~ ~ 7. That In the event that at the beginning ot or at any time pending any suit upon thi~ mortgage. or to ; lorcclose it, or to teform it. and!or to enforce payment of any cta:ms hereun3er, ~aid `iortgagee ahall apply to the court having jurisdictton thereof for tha appu?ntment ot a Recciver, such court shall torthwith appoint a Receiver ot said mortgaged property all and s?ngular. including all and singular the rent~, income, profits. iesues and revenue~ from whate~er source deri~~ed, ea~•h and e~•e:•y ot ~~•hich, it being expressly understood, i~ hereby mortgaged aa if apecifically set forth and descr~ted in the Rr:~nting and habendum clausea hereof. and auch Receiver shall have all the broad and effective Luncti~ns and E~ur: ers ~n an}~~•ise entru~ted by a court to a Receiver, and snch nppointment shall be made by auch court as an adrnitted equlty and a matter ot ab- aolute right to said Mortgagee, and without reference to the adequacy or inadequacy of the value of the pmp- erty mortgaged oc to the solvency or insolvency of said 1?tortga~or and 'or of the defendants, and that auch nnts, profits, income, issuea and re~~enuea shall be si~plied by such Recei~•er according to the lien and/or equ~ty of said Mortgagee and the practlce 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 tv?~enty years from date hereof by the mortgagee to ~aid mortgagors or any successur in title of said mortgagors of the property hereby conveyed; provided that the total unpa~d balance ot the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of ~ Dollars (S ~ plus interest thereon and any disbursements made by the mortgagee for the pay- mrnt of taxes, levies or insurance on the property encumbered hereby, v? ith interest on such disbursements. IN WTPNESS WHEREOF, the said Mortgagor has executed thia mortgage under ~eal on the day and year herein first above wrtitten. Signed. aeal deUvered in the esence of: ~ , . - ~ ~~i . (SEAL) ~ ~ ~ , . . ~ ~ v HUBEBT L. WELLS, . ~ s... o ~ ~ r - . We ~ Jr., and Anna M. ells _f,~,~, ~~.~C,C~~ (SEAL) NN M. S STATE OF..~~~ . 0~.....__._.._ COUNTY OF_..~_?_.. -v-~-•-• ~ . 1 Betore me pereonally appeared..._._.~B~.~..~.a_..~~._.~._..$AS~...~~..~._.~-~---__...._ _ i .............._.-------------~~.~._.~Y.3.~~----...____.._-----------•-----------..__.._...._....._.......---......_---..._-------...---...... ' to me well known and kno~vn to me to be the individua6•. described in aad who executed the foregofng instru- + ment, and scknowledged before me that .~he31.. executed the same for the purposey therein expressed. WITNESS my hand and ofticial aeal thia.•--•----------~....---°da .~uN~.--..._. 19.. ?2 ~ f i i i ~ ' . .~.~i.~~.'L~... ` otary Public d for ; the County an te Aforesaid. 1?ty commiasi •expires: CN11RlES SUSSMqfI : 3TATE OF Kotary PuDl~c +n tAe SUfe o( Ne~r Yor1c a' ~ s9. Mo. 52-9252~ Suftdk Cou~ ~ COUNTY OF.•-• Trrtn ~1~ ~ ~ Before me peraonally appeared.....--•---._...•••--••--••--......_.__...__._._.._--•--•------...._.._...-•---•----•-•-----~- and_..-•-••--•...--~--•---••-•-.._......•--...._..._....._...._..__.__.._....._..___.._ --_..__----•-•--------•-..w. to me well lmown and ...__.Preaident and.....-----...._.___ Secretar~ ; known to me to be the..--•--••---..._......_._....__ ° : reapectively of • the corporaUon ~ named in the foregoing inntrument, and known to me to be the persons who es auch olIIcers o! said corporatlon. ~ executed the same: and then and there the said--•-•------•---...--•••---._..~..----••-•-......___._.___._ ....................•--............and the said ~ _.~._..._.__......_._.._...__d1d acknowledge betore me that wd = instrument 1~ the free sct and deed of said corporaclon by them respectlvely eacecuted as auch ofticera for th~ purpoaea therein expressed; that the eeal thereunto attached is the corporate seal bq them !n 111ce caPacltY at~ ~ fi~cM: all under authority in them duly vested by the Board of Directors of sald corporatioa _ ~ ~ ~ ~ wTl'1~iE33 my hand and oftlcial ~eal ihis....-----..~..f_.....dsy of.•-•-••---•---- 19----- : ~ j ,;s ` > - c~pRDED f ILED a`' FLA. Notary Publfc tn and for ~ ST. LUC~E CnuT~AS the Countq and Stste Afore~atd- ~ RdCEF. r0~ ~ CLERK :.;:.Lu~S COURT My commiasion e~cpires- ~ itECORn vE'~.~;ED~ s ~ ,y~;1~ 8 5i AH'~2 ~ ` 3215~ ~ Z ~ Q~~~ , ,i ~ _ ~ : ~ ~ f~`~ V ~ : - ~ _ ~ ~ , ~ _ _