HomeMy WebLinkAbout1233 6. That (al in the event of any breach of thi~ mortgage o~ detault on the part ot the :~fortg~gor, or Ib~ fa
the evenl any o[ said sum~ of raoney heretn referred to be not promptly an,l tully pa~d w~thin Len daya next
after the same severally become due and payable, withuut demand or i1JLlCP, or ~c1 m the e~~ent each and e~•ery
the sUpulat?ons, agreements, condit~ons and ro~•enants uf said piont,sso~}• n~te and th~s niurteage, any or either,
are not dol~, promptly attd fully pertormed, discharged, executed, etfected, cumpleted, complied with and abided
by, then. in e~ther or any such event, the saW aggregate sum m~~nt~oneJ ~n said prom~ssory note then mmaiiung
unpaid, with int«e~t accrued, and ail a~oneys secured h~reby, shall becume dae and payable torth~vith, or there-
after, at U~e option of said :~tortgugee, as tully and cumpletcly as ?f all o[ the sa~d sun~s of money ~•ere originslly
atlpulated lo be pai~ on such day, anything in satd pra~~issory note, an~i or in this mortgage to the contrary not-
w?ihstanding; and thereupon or thereatter at the opti~~n ot said ~iortgagee, ~~•ithout not~ce or demsnd. auit At
]aw or in equity, theretofore, or thereafter begun, may be prosecuted as i[ all moneys secured heteby had matured
prior to tts institution.
T. That in the event that at the beBinning o[ or at any time pending any sait upon thls mortgage. or to
foreclose it, or to retorm it, and/or to entorce payment ot any claims hereunder, said Mortgagee shall apply
to the court having jurisdiction thereot for the appointment of a Recciver, such court shall forthwith appoint
a Receiver ot said mortgaged property all and smgular, inclu~ing all and aingular the rents, income. profiW,
iasues and revenues irom whatever source derived, ea. h and eeei•y of ~vhich, it being expressly underatood, b
hereb) mortgaged as it specificall~ set torth and descriGed in the Rrsniing and habendum clauses hereot, and
auch Receiver shall have all the broad and e[fecti~~e funrti~ns aml pu~:•ers in any~~•ise entruated by a court
to a Receiver, and such appointment shall be made by auch court as an admitted equity and a mattei ot ab-
aolute right to said I~iortgagee, snd ~vithout referelnce to the adequacy or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency of said DSortgago~ andior of the defendants. and that such
ren4~, protits, income, issues and re~'enues sha11 be applied by such Receiver according to the lien and/or equity
ot aald Mortgagee and the pracuce of such court~ ~
above ~ dditional loans or future advances made wilhin twenty years from date hereot by the
mortgagee to said mor ga ccess~r in title of said mortgagors of the property hereby conveyed;
providecl that the total unpaid balance o secured hereby at any one time shall not exceed
the maximum prinripal amount of _ Dollars '
~g plus interest therec~n and any disbursements made by t e m a- i
IN WITNESS WHEREOF. the said Mortgagor has executed ttti~ mortgage under eeal on the day eu?d year
herein Sret aDove rvrittea.
Sfgned, aealed and dellvered in the presence of: /
~ t
~ ~ Gar . Scott
` ~f ~ ~~4~c~ u '
IlT.. ~ ~ ti~.... ~ .
- f~~EU ar~• 4tco~oEO ~ p
ST. LUCcC C4UNTY FlA- r t,1 c~~ ~ ~Ei ~t_~
R(?;,c a c(S1iR65 1,
CLERR ~ ~~~j ~Q~RT Rebecca S. Scott
pct ~~a~y V: F`* i`C~
NOV 1~ 1~ 55 ~K'7Z
:
,~i~fiz.~cSl~._;~ _~J~orid3......... ~
, ~ 99 ~
~ • .'~,~t 2423
~ E~oF.'~_ in
~ C~ ~ro~~~e
~e~nany ap~a_ Gar~B. Scott and R.ebecca. S. Scott~_his wife .
- ~ ~ = ............_~..........._...._M......_._~...._...~ ~
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~q-me w~ knp~pj slid kno~vn to me to be the Fndividual.._. described in and who executed the foregoing inatr~-
m~t;^,g~j,^aC1~pl~dged before me that .~-he,~. executed the same for the purpasea therein expressed.
, '
" 'Q, : `l:~ t~
.~.,i1~1''LNESS my hand and officiat seal ttue.._....~,.[--...__.r..dey or..__...November 1972~
._d
_X~1~2~~t..~
Notary Public in atid for
, the County aad State AtorESald.
My commission eupires: ~ ,
' My Commission Expires Mar. 31, 1974
i CO OF.-----••• Bonded by Transamerica Inwrance Co.
~ Before rsonallY aPpeared••----------•------••--•-------°--------_-_._.__~..__....._.__......_._.._..__...__.._.~.....~.._.__..._.._._._......,
~
~
~ and_..._..._..-• ..._..__...M..- to me well Imown aad
~
;
' _.Prtaldent and.~...._.._.....__~__ 3~cretar~ .
i known to me to be ihe..........._.._..
t
i
f respe^tively oi the corporeUon
named in the toregoing instrument, and known t e to be ths persons who as aurh ofltcera ot eaid corpontton.
~
! executed the same; and then and there the said -•--_.._.----°•-._w_..._.._.-----..-°-•---_._~__.__..._......._...aad ths said
E
~
~ ....._did acknowledge before me that saf
i
instrumen: ta the iree set and deed of said corporatfion by them respee enecuted as aueh oMcers for ths
purposee therein expreseed: that the eeal thereunto attached is the corpora by them 1a ltke capacity af-
~ fiued; all under anthority tn them duly veated by the Board of Directors of aaid ration.
` WITNFSS my hand and oiricial seal thie_.__._.._.._~_.r_.....dsy of...._._.--------•--...--•...__.. 19..~~ :
~
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~n~ ~8~ ~~~~~L the Co Publisnd $tste Atoretaid ,
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