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HomeMy WebLinkAbout4372 6. ZLat (a) In ths event ot ~ny breach ot ihi~ mortgage or detault on the part ot lhe 1liortgagor, or ~b~ t~n tf?e event any of said auma of money here?n ~eterred to be not promptiy and fully paid within ten day~ next th:Tty' atter the aame severally become due and payable, without demand or ou;~ce, or tc) in the event each and ei~ry the aUpulationa, agreements, condit~o~s and tovenanta af sa~d prom,sso~y note aad th?~ mort~age. any or ei[her. are not duly, promptly and fuIly pertormed. d~scharged. executed, effecte~, completed, complied v?~th and aLuk~d by. Gtien~ ~n eithec or ony such event, Lhe saiJ aggregate sum mcntioned 1n sa~d promissory note then remaini~g unpa~d, with intere~t acerued, and aU moneys sec~n~ed h~•reby, shall becume due and payable torthwith, or thecc- a[ter. at the option oi said Mortgagee, as fu11y and completely as ~t all ot the said sum~ of money were originaliy aUpulsted to be pai~ on auch day, anything in sa~d pronussory noie, an~i or in thia mortgage to the contrary not- withstanding; aad thereu~on o~ therea7ter at the option ot said ~io: tgagee. ~~•ithout notice o~ demand, ntit at law or in equity. theretotoro, or thereaf[er begun. may De prosecuted as it all moneya secured hereby had matured pnor to fts institutioa 7. That in the event that at tha beginning ot or at any time pending any sult upon thb mortgage, ar to forecloae it, or to reform !t, and/or to enforce payment ot any claime hereunder, said Mortgagee shall aFF~Y to the court hsving jurisdictfon thenot for the appuintment of a Receiver, auch court shall forWwith a~~oint a Receiver of satd mortgaged pmperty all and aingular. inctuding aU and singulsr the rents. ineome, proBU, iasuea and revenue~ from whatever source derived, ea.~h nnd e~•erv ot which. it being expressly understood. fs hereby mortgaged as if apecitically set forth and descr~ted in the granling and habendum elausd hereot, Rnd such Receiver ahall have al! the broad and eftective tunct~ons and po~~•ers in anywise entn~sted by a couK to a Receiver, and such appointment ahall be made by auch court fu sn admitted equity and a matter ot sD~ solute Nght to aaid Mortgagee, and without reference to the sdequacy or ina3equscy ot the value of the prop- erty mortgaged o~ to the aolvency or in9olvency ot said Mortgagor and/or of the detendants. and that sach reate~ protits. income, issuea and re~•enues shaD be applied by ~uch Receiver ucoeding to the lien and/or equSty oi said Mortgagee and the practice o[ such court. ' ' is given o o e oi o-btigsyion above described any additional loans or future advances made within twenty yeacs trom dat the mortgager to ~aid mortgagars ar 3ny succecsor in title of said mo r y ereby conveyed; provided that the total unpa~d balance of ured hereby at any one time shall ~at exceed the maximum principal . _ _ Dotiars (S plus interest thereon and any 3isbursements made by the mortgagee for the pay- me axes levi , n~~, IN WITNES3 WfiEREOF, the sald Mortgagor has exccut thi~ mortgage under seal oa c~ a.r .na re.r neryg first above wRit _ gne ~ se d v red in the prexnce ot: ~ ' ' / . . . . ~ ~.~L~I~,C ~ -y' ~e.e.- ~ = (SE~1L) ~ / ~ ; ; - OLAS M . LI ERI~ ~ ' ~-:_..-(s..='.`~`-~:~-:r.'~_~tti.:._._.. ' fILE~ AlID RE QRDED . _.__..._~.~_r~.:~4_._... , St.lUC1E COUNTY fl~. ~ CIE~K C ~CUIT COUIIt ~ P.ECORO yfR~f1E0 ~w ~ ~ ~11 ~C Cn 4 431 n ~ ~ srw~ oF._......... Florida 2~452~ ~ ~~Y aF____..Indian River ' Befon me persoaally appeared..._...---.___.L~'IC.HQLA.~..I11.._I.Ifl1BE81w~_.._._...__.~._--------- ~ ! to me well known and kno~ti~n to me to be the individnal.___ deacribed in and vrho executed the foregoiag inetrw , ment, aad acknowledged before me that .---he_._. executed the same for the purpoaes therein expres~ed. , , , E , :-F~ ~ 9 WITNES3 my hand and aff:cial eeal this..,~._.il y da of_ 1~~ 1. ~ ~ G - , - . w ~ ~ ..s~-.~. . .~:~~-i°~~ ' (NOtetT3?" Se~) Notary Public ia~bnd for ~ iL : ~.J ` ~ , , ^ , ~ the Couatq and Stste Aforesald. My co ie~lon ez ires: ~ ~ , ~ . t. 8~'A1'S QF....-•----_.....--••-•---.___...--•-•-••-- OTARY PUB IC STATE OF FLOR,.;:t AT l~~tfi g • s~. ~-~Y CUb1i.i!~;,ION EX~:': _S 1UN 2(!, 1975 ~ ~ C`OUN'i'7C OF_..-• GENE ~ ~ Before me persoaally appeared .................._..._........__.._..___..__._....._._..._._r....._._ ~ W ~ ~ and--•-•---...--•••------•-•--._._......_.__._..__....._.._.._ to ane well lmowa ~ad ~ ~ known to me to be the---......-•--•----•-••_----•-----._._Presideat aaa.-~--------------.___..~......._.._..._.__._~.....__.._... 8ecr~tat7 _3 ~ respectiveiy of Lbs cot?orsUop ~ ~ naaned in the toregoing inetrument, and known W me to be the person~ who a~ aucb olDcers ot iaid oarpc~satk~, executed tt?e same; and then and then the eaid•---•---••---•-••-----••-------••-•-------._.._-----•---------..._...--••..•••-----•----and ths aafd „ did acknowlecl~e bafor~ toe Nat sal4 ~ : lnstrumcnt te the free ect and deed of aatd corporation by them respecUvelq executed a~ auch ot!lcen fer tb~ - purpoees therein expressed: that the seal thereunto attached is t2~e oorporate ~eal by tham ta Wce cap~Mt~ af- ~ li~ced; all under authority in them duly vested by the Board ot Dlrectors ot ~ald corporattou. . W1TNF'SS my hand and offlcial seal this...----....__..r_._...dsy ot_.~_......._......... IY._.__ ' a~ 4ry ` No Publlc !n ane for ; ,:s ths Cotuit~ at~d Sbte Afora~a/d. ~ ]~y commisdon esptt~: p ~ = 8~01I ~ PAGE~~ ='1 ~ _ , _ , . . , . . . . . ~ - ~ . ~#ss=- . _ .