HomeMy WebLinkAbout1152 d. That (a1 ln ths event ot any brea?ch of thls mortgage o~ detault on the patt o! the 1?fo~tga or, or 1p? ln
the event any o[ said aums of money herein referred to be rtot promptty anJ tully paid w~thi~ daya aext
after the same aeverelly beeome due and psyable, without demand or not~ce, or ~c) in the event e c snd every
the at~pulatinna. agreements. conditiona and covenanta of alid prom~sso~y nute and this mortgage, any or either, f
are not duly, promptly aitd t+tlly pertormed~ d~scharged, executzd, ettected, compleled, complied with snd abided
by. then. in e~ther or any such event, the sald aggregate sum m~•nt?oned ?n sa~d prom~asory note the~ remalning ~
unpald, with interest accrued, and all monays secured h~~reby, shall become due e~d payable torthtvith, or there-
Atter, at the option ot said Mortgagee. as fully and completc?y sis it alt ot the sa,d sums of money K•ere originally
st?pulated to be pai3 on such day, anything ip sald pron~lssory note, an~i or in this mortgage to the contrary not- '
withstandiag; and Lhereupon or thereafter at the optit~n of said I?lprtgagee, ~~•ithout notice or demand. auit at ;
law or in equlty. theretofore. or therea[ter begun, may be prosecuted as if all moneya secuced hereby had matured
prlor to its institution.
7. That in ths event that at the De~inning ot or at any time pending any ~sutt upon thla mortgage. or to ~
tonclo~e it~ or to reform it~ and/or to enforce payment oi any claima hereunder. aaid Mortgagee atWl apply
to the court having jurisdiction thereoi tor the appointment of a Receiver, auch court shall forthwith appoiat
• Receiver of aaId mortgaged pmperty all and aingu]ar, including all and aingular the renta, income. proSts,
iasuea and revenuea from whstever source derived, each and e~•ery oI ~vhich, it being expres~ly underatood. is
hereby mortgaged as if apeclficaliy set forth and descr~ted in the Frsnting and haDendum clausea hereot, and
auch Rece~ver shall have all the broad and ef[ective [uncti~ns and Nu~t•era in anywise entruated by a court
to a Receiver, and auch appointment shall be made by auch court as an admitted equity and a matter ot ab-
sotute right to safd Morigagee. arrd ~vithout reference to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the aolvency or insolvency of eaid riortgagor and/or ot the detendants, and that auch
rents, profiW, income, issues and re~•enues shaU be apptied by such Reeeiver according Lo the lieri and/or equity
of said Mortgagee and the 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 f~iture advances made withi~ twenty years from date hereof by the
morigagee to ~aid mortgagors or any succeswr in title oi said mortgagors of the property hereby conveyed;
provided that the total unpaid balance the in ebtedness secured hereby at any one time shall not exceed '
the maximum principal amount of . J~~t _ Dollars '
(S _ ptus interest thereon and any disbursements made by the mortgagee for the pay-
mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
lN WITNESS WIiERFAF, the sald Mortgagor has executed this mortgsge under seal on the day and year
herein lirst above M?sittea.
Signed, sealed and delivend in the presence ot: -
~ ~ ~ , ~ ~l_a~''r ~ ~2 ~G~
z~ ~
;
- k~. R. LAUGHON, As Trustee °
f11E0 AMp RECORDEQ '
ST. ~UCIE COUMTY f~ll. ~
ROCE~: PGIir1AS :
CIERK C~~;,l~~r COtIRT ~ f
RfCOR~ VFF'cr~D
~
sTw~ oF. Florida. PM lZ
18 '
Martin ~ ~ M' 3 ?ypr~
COUNTY OF..__..__....._.._ ~ I O ?
Betore me personally appeared.__._._
W~ ~R._ LPUGHON~ as Trustee
to me weil known and known to me to Ae the individual.._. described in and who executed the foregoing instru- i
men~ and apknowledged before me thst _.._he__.. executed th~~ for the purposea therein expressed. ?
. ~d~ i
~~'~V~'TNES3 my hand and offictai seai ttus--°-........._...~.__.day o 19~.Z.. j
,;,~t1R{
, " i
.:A ~ . ~ - !
~p'S Y" ':o
~ Notary Public in and for ;
~ E 1 i~ • the County and State Afore~aid
~ My commiesion e~cpIrea:
r`~'~}~ OF__.. , . - - ~ ~ is oi : ,o.,va at iarg~
.
r" o~... -i ~~Lc~ ~:~T~~.~~;`~~~~~~s v~~. is. t4~z
. .
ti t-.i..- Eo~._eo cy Ane~.can F.n 3 Caw+~b Co-
Be~ors me personallY sPPeared----._......••-•---...---•-----..___.---._....__..~__._._.......
and.._._.___........__..._.._.._ W ms well lmown aad
._....Prealdent and___..'._._...._..._..... $ecretar~
known to me W be the•----••------------•_.....--- ~
,
respeciively of the cotporsUoa `
named in the foregoing instnunent, and kaown to me to be ths person~ who as such o!licen of said corpontioa. `
eaecuted the same; and Lhen and there ths said .............•--------..._...__._......._.__.__......_.-----._................_..._.._...~a0 ths said
did acknowledge before me that said
instrument is the free act and deed of said carporation by them respectivelq executad as such otttcers for th~
purpoaea therein expreseed; thet Lhe seal thereunto attached ts ths corporate seal bq thean ta like capsclty ai-
ti~ced; all under suthority fn them duly vested by the Board of Directors of said corporation.
WITNES9 my hand and oi!lcial ~eal this..-•----•--._..__._.__.day ot .............._.__...__.•---........._r_.........._w 19~
Notary Publlc fn and tor
the County atM 3tats Atoresstd~
ldy commfaslon e,Ypirea:
b~QK~ ~f~~~
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