HomeMy WebLinkAbout1750 6. That la) In the evtnt ot any breach ot thi. m~rtgage or detault on the part ot the :~tu~tg:~ or, or ~b1 ln
the e~'ent any o[ sa~d sums oi muney herei~ referrea :o be n~it promptly ;?n.i tciliy patd within ~ day9 next
after the same severally becociie due and papable, wathout demand or r~~t«~~~, u~ ~c~ ~n the e~•ent each and e~~ery
the stipulations, agrern«•~ts, cond~twns anJ r.~~~enants uf s:ud pru:iti:s,~„y il•,±e RI1~I I1133 ~~iurt~;~e, any or either,
are nut dul}•, promptly ar.d iu1ly ~rfurnied, d,schar~;ed, executed, eff~rts~.f, cnmF~l.~tr~f, rompl~cd w•1tb and abided
by, then, in cither o~ any such event, the saiJ ilj~~[C~::1CQ sutn m.~nt~on~.f in s:i:J =.r~sri:,sory note then r~ma:n~ng
unpa~d, ~+•ith intrre~t uccrued, and aU ~:i~neys se. ~u ed h~ reLy, shuN bec~,ieie due xnd payabte (orth~~~ith, or there.
stter, at Lhe optioa of said ~iortgaRee, as tully an~l cumptetcfy us ~f :ili o[ the sani suius ot mon~>y were originally
et~pulated to be pai.i on such .iay, anythtng s;ud pru?~ussor}• nnte, fui~l or ~n this uiurt~;age to the contrary not-
wt[hstanding; and thereupon or thereafier at the opt~~~n oi ,aid \Iort;;agee, ~rithout notice or demand, suit at
law or in equity, theretofore, or thereafter begun, niay be prosecutrd as ~t atl muneys secured hereby had matured
prior to its inst?tution.
T. That in the event that at the beginning o[ or at any time pending any suit upon th[a mortgage, or Lo
loreclose it, or to reform it, and!or to enforre payment o! any ela3n~s hc~eunder, said A~ortgagee shall apply
[o the court having juns.~iction thereof for the appolntment ot a R~•~•c ~vcr, such court shall forthwith appoint
a Receiver of said mortgaged properiy all and 9in~~lar, including aU and singular the renta, income, profita.
iasues 8nd revenues trom wnate~er source deri~~ed, ea~h and erert• uf ~~hich, it being expressly understood, is
hereby mortgag~d aa if speci[icaily set torth and ~tescr~ted in the ~r.~nting and habendum clauses hereot~ and
euch Receiver shall have nll the broad and effecti~~e tun~U~ns an~l ~~.,~.-~rs ~n an~~~•i.e entrusted by a court
to s Receiver, and such appointment shall be madr by such cuurt as an adrnitteti equity and a matter ot ab-
aotute righi to said Atortgagee, and ~titithout reference to the adec~uary or inadequacy of the value of the prop-
erty mortgaged or to the solvency or insolvency o[ said Dtort~a~or and %or of the defendanta, and that auch
rents, profits, income, i~sues and re~•enues shatl be af~plied by such Recei~•er according ta Lhe lien and/or equity
ot said I?iortgagee and the practice of sUCh court.
8. It is undentood and agreed that this mortgage is given to secure, in addition to the note or obligation
above described anp additional loans or future ad~ances made within t~n•enty ~•ears from date hereef by thz
mortgagee to ~aid mortgagors or any successut in title ot said mortgagors of the property hereby conveyed;
pro~~idecl that the total unpaid balance of the indebteclness secured hereby at any one time shall not exceed
the maximum principal amount of Dollars
(S plus interest thereon and any disbursements made by ihe mortgagee for the Na3-
mrnt of taxes, ie~•ies or insurance on the property encumbered hereby, H ith interest on such disbursements.
IN WITNESS ~VHEREOF, the said Mortgagor has executed thi~ mortgage under aeal on the day and year
herein first above w~sitten.
3igned, se
~and deuvered in;he presence ot: % _ ~ ^ 1 ' }
/ ~ J ~~s,~.~! ..k~r
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Cti,.-,~ ~~.,z~_Q ~v?,.-c~;,-.-,. ~gLLS HIVTLY, JR.
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FILED Att"u QECOROEO ~ . ~
ST. LUCIE COUMTY FLA.
ROCF~ ~O~TRAS ~ ~ -
C~E';x ~~~.~~t T - = ~S$AL) -
RECOii" ~E'F~fl£'J
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I~ 1~ i i as AM'7Z '~~2~8 :
STA'I'E OF_....•-•M,II~IE.SQ'~'A...._._... j I?
COUNTY OF...~~^1`.`. _~--~}ry~~~ ' `
f ' . ~ :
Before me pereonally sppeare~ !L ~ l~ ~ ~ ` :
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to me v~elt knocvn and kno~vn to me to be the individual..__ desccibed in and who executed the fotegoing instru-.
ment, and acknoKledged before me that ....he.... executed the same for the purposes therein expressed. ' :
- ~~.'~~.'~~1TNESS my hand and otficial seal Lhia.. _:~~~~IST~y or__.... 18?2...
~:-~~?iz ovr~ . ; ; c~:.1 - ` ~L-c c 2
yr\~4 - ¢ ~ ~ _ K.- j . . :-Y c'.y AL311. - ' Y`\'?5~
~ y. .~~~j-~ .1 . ' ~ lr;.,?. _ . t i ~J, t~ N blic . ._an ~for . `
- ~~j t~te unt and te oresaid.
. •
• • ~ • • . ~iy co i ~ n expitea:
- .9TA'!'Iz a~_ , .
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' . (.~o~'l~Ys ? ~ . FETE Atdsi: N
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SiUT Y PUB IC•MIN ESOTA
Before me personally appeared - ' bFl
M !v Cmm~,i ian FrFir Jan. 29. 78
and...••••-••-•-••
known to me Lo be the_.....•---....._......_-•--•-•-•.._.._Pre~ident and..._.___.___....------•- 3ecretar~
respectively af the rnrporetlon
named in the foregoing in~trument, end knowa to me to be the persons who as such ofncers o! aatd corporat3on.
eaecuted the same: and then and Lhere the eai~----•••••---...--•-•--•----•---••----••-•---••-•--.._....----•-----•• ..................__.__..anA the said
-•----•••--...-•--••-----•-••--•••-••---..__........._~___._.._r.._~__.._...___..M...._.._._.._.____~.~__..~.did acknowledge beiors me Uut sald
instrument is the free act and deed ot said corporation by them respectlvely executed as auch oftlcers for ths
purpose~ therein expressed; that the aeal thereunto attached Is the corporate seal by them in like capacfty sf-
fixed; all under authorlty 1n them duly vested by the Board of Directors ot said corporaUon.
WTTNES9 my hand aad ofricial seal thia ............._._.__._.._day of...__..._._.._.._......•-•..._.......-----.._...__.., 19_.,~
....................••------._._..5+--...-~. ......__i0_......._i+ -n
Noiary Public in and fof'~ ~.p N ~ r=
/ 1 C~ the County snd 3tate res~b = ~ rn
r~ 4.. . My coinmleeion auplres• o~ O ~r m
• : . : . : . : ,
; ~ N ~ c
C;`iAPTER 134. A~_`s Of :9~: c's=
s4 O • ~ ~
pOROTNY F{ERCE, Clerk Circu~t C~u~t. r~ 347 fa(~ i814 e" ~
qs Agent t0r ~TIN COUN7Y. F=0R~n1 g:; ~m = ~
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R~~K ~08 ~d~~ 1750
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