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HomeMy WebLinkAbout1563 d. Tlut (a1 tn th~ event ot any breacl~ ot thia mortgsge or default on the p~rt ot the l~tortg~gor, or lbl la Lhe event any of said surtu of mo~ey hereln nfaned to be not promptly and tully paid within ten daya next aitee the same severally become due and payable, without demand or not~ce, or ~c) in the event each and every the at~putations. agreements, conditions and covenants ot said prom~sso~y note and thia mo~tgsge, any or elther. are not duly. pwmptly and tully pcrtormed, discharged. executed, et[ectzd~ completed. compUed with and abided by, then. i~ either or any such event. the said aggregate sum mrnlioned in sa~d prom~ssory note thea remaining unpald, with lntarest accrued, and aU moneya secured hcreby. ahall become due and payable forthwith. or there- s[ter, at the option ot aafd Mortgagee, as tWly and completely as if alt ot the said sums of moaey were originally stipulated to be paid on auch day, anything in ~ald pron~issory note, and %or in thi~ mortgage to ths contruy not- withstanding; and thereupon or thereatter at the option ot said 1?fortgagee, ~vithout notice or demand. sult at law or in equlty, theretofors. or thereatter begun. inay be prosecuted as if all moneya secured hereby Aad maturad pdor W its institution. T. That in the event that at the beginning of or at aqy Wne pending any auit upon this raortgage, or to foreclose i~ or W reform l~ and/or to enforce paymert oi any claims hereunder, aaid Mortgagee shall apply to tha court hsving ~urlsdictlon thereoi for the appointment ot a Receiver, auch court shall forthwith sppoint • Receiver ot aaid mortgaged property all and aingular. including all and aingular the renta. income. profits~ iaaues and revenues trom whetever source derived. each and every of which. it being exptessly understood~ i~ hereby mortgaged as it specifically set forth and descriEed in the grsnting and habendum clauses hereoi. and such Receiver ahall have all the broad and eftective Nnctions and po~~•ers in anywise entruated by a court to a Receiver, and such appointment shall be made by auch court a~ an admitted equity and a metter of sb- aolute right to said Mortgagee. and without reference to the adequacy or inadequacy ot the value oi the pmp- erty mortgaged or to the aolvency or insolvency of satd Mortgagor and/or ot the defendante, and thst such rents~ profit~, income, issuea and [evenuea shaq be applied by auch Receiver according to the lien and/or equity o! said Mortgagee aad the pracUce 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 future advances made within twenty years from date hereof by the mortgagee to said mortgagors or any successor in title oi said mortgagors of the property hereby conveyed; providecl that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of _ . _ _ _ _ . . _ _ _ _ _ Dollars (s _ _ plus interest thereon and any disbursements made by the mortgagee for the ~,ay- ment of taxes. levies or insurance on the property encumbered hereby, with interest on such disbursements. II~T WTrNESS WHEREOF. the aald Mortgagor has executed this mortgage under seal on the day and year herein llrst above ~vritten. Signed. sealed snd delivered tn the presence ot: ~.~:~~:!v ......lS~~~..r.._.._.._._.---~--- Pa.ul G. Donaldson ~w.~ ~ ~ Dorethi.a. L. Donaldson srw~ oF.. FLORIIIDA covrrrY oF.._...MARTZN...----------- ~ a~ PAUL G. DONALDSON and DORETHIA~~ - Before me personallY aPPeared ~ ~ ~DONALDSON hi~s wif~,_.__ ~ ~ ~-t-'.-~.~ft; tjQ'_''~~; `;i~? . to me well know~n and known to me toD~ the indi~ridual S_ described in and who executed the for~go~ = ~I ment, and acknowledged before me that L._he.~ executed the same for the purpo~ea therein ezprea~ld~~ ,',y ~ I WTPNESS mq hand and offlcial eeal this-------..~ .._.......dsy ~ a!~ ~ - y1~~ . ~ ~ , . L d l 0 1~' : ~ . ~ No blic in for ~ !).~'N.a...••'~~~\, .`~4~ the County aad Sta Aforesaid. - ~ d t . . My '.~tary`~~'34~~Roeda ~t 3TATE OF..• 'res feb. 13.1974 ~ ~y~am.4mb~~«,c"' Fr. a c+«:wr cti UNTY OF _ ~ e me personallY aPPeered--•----------•• and..._ W ms wall Imown and known to me W be the_.... .._._---_....._...........Prealdent and...._.......~..........._..._.~_._.._._............_......._......__ 8ecretar~ respectively of tbe corporation named in the foregoing instnunent, an own to me to be the persozu who aa such oi~cers ot said corporatioa, executed the same; aad then aad there the --•------..~....__.._..~......~..---_._...~..._._.~....._..._._._._..._~_.md tt~ sald did acknowledge bsfors me that sald 1n~trument !e the free act and deed oi said corporation by th respecitvely executed as a~ch olQce*s for ths ~ purposea therein expreased: that the eeal thereunto attached is corporate seal by them !a Wce cspacity ai- fi~ced; all under authorlty in them duly veated by the Board o! Direc oi aaid corporation. ~VTTrTESB my hand and ottlciai ~1 thla-----_....~..~...__day o2....... 19..M ~ RECOROEO Notary Public in and for ~ f~~EO ~c c~uM1Y F~A. c~e councr ana sace wro c i p01~RAS ( ST• R06. l[y oummtedon ezpin~: CLERR C`~f~GU~T COURt ' ~ ~ ~ ItECCR~ `~:~:.f •E~ ~ Z 2 t?9 25r~}986 °~Rx21`~ PAG~15~ ~ : - ~ - fi`~. ~ : - ~ ~._z ~ ` -