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HomeMy WebLinkAbout0777 8. That (s) In the event o! any bceach ot thi+ mortgage or detault on the part ot the I?to~tgagor, or Ibl ln the event any of said suma of money herein referred to be ~ot promptly and tully paid w~thin ten days next stter the same severally become due and payable, vv~thout demand or notice, or ~c1 in the e~~ent each and e~'ery the 9tipulaUOns, ag~ecments, condlt?ons and roveoant9 of s:ud promis.o~ y n.~te and tius niurtgage, any or e[ther. are not duly, promptiy and [uliy performed, d~schar~ed, execated, effecteJ, completed, complied u•ith and abided by. then. ?n e~ther or any such event, the sa~d aggregate stim m.~nt~oneJ ~n said pcoini~sory note then rema~nirtg unpa~d, with inturest uccrued, and a11 moneys sec~u•ed h~•reby, shaq becume due and payable [orth~vith, or there- after, at the option ot sald 7?tortgagee, as [ully a~~d completcly as l[ all o[ the sa?d sun~s of money ~•ere originally ~ eUpulated to be psti~ on such day, anything in said pron,;ssory ~ote, and-or in this mortgage to the cont~ary nOt- w?thstanding; and thereupon or thereatter at the op:u~n of said ~IortFagee, ~sithout noUce or demand, auit st 1aw or in equity, theretofore, or thereafter begun, may be prosecuted as it all moneys secured hereDy had mstured prior to its instiLution 7. That in the event thst at the beginning ot or at nny ttme pending any suit upon thta mortgage, or to fareciose f~ or to retorm it. andlor Lo enforca payment ot any clnims hereunder, said 1?tortgagee shaA apply to the court having jurisdiction thereoi for the appointment ot a Receiver. such court shall forthwith appoint a Receiver ot said mortgaged pcoperty all and singular, including al! nnd singular the rents, income, profita, issuea and revenues from whatever source derived, ea.~h and e~•ei•y ot ~~hich, it being expressly undetstood. is hereby mortgaged as if specifically set forth and descriGed in the ~ranting ancl habendum c2ausea hereot, and auch Receiver shall have all the broad and effective functi~ns and j~u~ecrs in any~eise entrusted by a court to a Receiver. and 9uch appointment shall be made by such court as an admitted equity and a matter of ab- aolute tight to said biortgagee, and witttoat reterence to the adequacy or inedequacy ot the value of the prop- erty mortgaged or to the solvency or insolvency o[ said Diort~agor and ior ot the detendants, and that auch rents. pmfits, income, issues and re~•enues shail be a~!ptied by such Receit~er according to the lien and/or equity ot said Mortgagee and the practice of such court. above described any additional loans or future advances made within twenty ~ ear ereof by the mortgagee to ~aid mortgagors or any successor in title of saic~ mo e property hereby conveyed; providerl that the total unpaid balance of the in red hereby at any one time shall not exceed the maximum principal amo _ Dollars (S , p us interest therec~n and any disbursements made by the mortgagee for the pay- IN WITNESS ~VHEREOF, the aaid Mortgagor haa executed this mortgage under seal on tha day and year herein lirat ~bove rvrttten. .3ig~ie~;~~ltlt,d and delivend in the presence o[: ' 1~ ' ~ . ` , ~ . KUH AND ONNELL D. V. IV~ , P. A. • ~Y: , 4~ : ~ ~ ,y : Its Pres~de~~~o a*~. HECURQED ~ ST. LUCIE ~~UNTY FIA. RQCE~: ?OtTRAS ~ / ~ ) ~~~c• CLERR ~t' ;,U1T COURT , Q-"~',R', yl ~ STATE OF..........._.._...--•-_.._..__.._......_... NOY 1~ 9 os AN '72 COUNTY OF•--...._..---°--•-----•--•...---•••---... ~ ~ 242086 Before me peraoaally aPPear'ed-°-°•---_.._._..._~..._..._.____ to me well kno~vn and known to me to be the individusl described in and who executed the fotegoing in~tYu- meni. and acknowledged before me that ._..he.._. executed the same for the purposes thereu? e~cpressed. WITNESS my hand and officiai eeal Uua_..._.....•---._.__.._...day of.......__........__._._._._._.___........__._....... 19_...... - Notary Public in and Lor the County and State Aforesald. FZOI'lC~a. My commiasion expirea: , 3TATE OF ~ Ma.Ptl.fl ! COUNTY OF--••-••-° ' Betore me personally appeared._.._....---•-R!~~_~HN i ~ ; known to me to be the........-•---.._......_ ...............Preeident ~ ~t .....K~J~..,ANU..~IT.QNNEI~.I~.D..'~1..-.D$-~-~-.A. the oorporsuon ~ named in the foregoing instnunen~ and known to me to be ths persons who ae such officers ot said corpontion, eaecuted the same; and then and there the said_._....1~s..lY~.~HN..._.._....____.__.._ : ..__..__..~..._..._._._.....__did acknowledge before me that aald lnstrument is the free act and deed of said corporation by them respectlvely executed as such ofllcers for the purposea therein expressed; that ihe eeal t1?ereunto attached 1s the corporate seal bq them in Uke capacltq at- tixed: sll under authority in them duly vested by tha Board o! Directora of aaid corporaqon. ~ .ds oi....._.QSS~ _ - W1TNF.33 my hand and oflicisl seal thle.---..1._.L_w_._. y -,~c~.... i~~i.. ~~.f~-_~[,?t-• , .,.~"!~'~:~c...--•----- ~ ~ Notary_~ ~ d te~ ~ the CoU~Ey~a~l~kl ~a jAforesiid. • • - w ~y = li.: _ : . : p ~ ~ G ; - ~ ~Y ~ ~~D~GL~'.tPE,? J?. 1912 - -•,..r .,,3 ~ ~ eeoK~~ ~ncf .7`~' ; _ _ - - : ~ ~ ~ "=~~c~-~ ~ t. ~ ' < ~ -