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HomeMy WebLinkAbout1566 a. TAat (al ta tAe ~~ent ot any brescb o! tAis mortg~e or detault o~ the part ot the I?tortgagor, or lb) ln ths ovent any ot sud sums ot money hercin reterred to be not promptly and tully paid withln ten daya aext ~tter tM aa~ne xversUy bscome due and payable, without demand or not~ce. or ~c) in the aveat each and every the ~t~pulaUons, agreemeats. condiUona and ~~ovenants of aaud prom~ssoiy nute and thia mortgage. any or either. ~ are not duly. promptiy aud tuliy pertormed, dischacged. executed. eftecle.i. complcted. compGed with and abided ~ by. theq, ia eitbe~ or any sucA event, tt?e aaid aggregate sum mrntioned ?n sa,d promissory note then remaining unpa~d. with interest accrued. and aU moaeys secured h~reby. shall become due and payabte torthwith, or there- stter, at tt~e option ot said ~[ortgagee, es [ully and completely as it all ot the sa?d sums of money were originally atipulsted to be paid on such day, anything in aaid promissory note, and%or in thia mortgage to the contrasy not- withatandiog; aad Wereupo~ or Wereatter at ~Ae option o[ said ~Iortgage~. ithout notice or demund, suit st law or in equity. theretoforq, or thereatter Degua. may be prosecuted ae ii aU moneys secured henby had matured pdor to its insuwuw,. T. 11ut ia the event tbat at the Deginniaa ot or at aay tlme pending any auit upon thls mortgage~ or to ? lonclose it~ or to reform it, and/or to enioroe payment oi any claims hereunder. said Mortgagea shall apply to the court havin6 jurisdicUon thereof for the appointment ot a Receiver. such court ahall forthwith appoiat a Recelvtr of said mortgaged pmperty all and singular. including all and aingular the rents. Ingome, prn5ts, ~ issues and revenuea imm whatever source derived. each and every of Which, it being expressly understood. is t hereby mortgaged as if specifi~.aliy set fo~th and descriEed in the granting and habendum clauses hereof. aad iuch Recejver s6all have all the broad and eifective functions and po«ers in anywise entrusted by a court to a Receiver. and such sppointmmt ahail be made by such oourt as an admitted .equity and a matter of ab- aolute right to aaid ldortgagee. and w[thout reference to the adequacy or fnadequacy of the value of the prop- ; erty mortgaged or to the aolveacy or insolvency of said Mortgagor and/or of the defendants. and that auch i rents. profita. income. issues and re. enues ahall b~ applled by such Receiver. scrnrding to the liea aad/or equity ' o~ aaid ][ortgagce aad tbe practice of sncli couri. ~ 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 ~aid mortgagors or any successor in title of said mortgagors of the property hereby conveyed• provided that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of _ _ _ . _ Dollars (a 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. IId WITNESS W~REOF. the said Hortgagor ~ ezecuted t,his mortgage under seal on Lhe day and year herein Titst aDove writtea Sianed. xaled and de8vered in t6e preseace ot: , ~°x'L-~- ~•"~L /~~~-ys ~ ' Pa.u1.G. Donaldson • _~D~.;. Dorethia L. Donaldson srw~ oF_. FLORIDA ~ a covrrrY oF. MA RTIN . Belore me P~~7 ~P°~~~- p~ ~'i. ~~A.T~SC~N ~-Ytcl T7(~R.F.TH7A T, DONALDSON his wife - --r--~,~ • . , to me well knov~m and known to me to bq the individualS_ described in aad who executed the foregoiag~~iaelrr..,'>>, ~'-,Y. ' ment~ and acknowledged before me that L..he,Y_ ezecuted t.he aame for the purpo~eg tl~erein eacpressed.'- . . ~I ~ , • S ~ • ~ , ~ ~ wrrxESS my u.na sna ot~cw seat thit.------+r. ._a. p ,-,_-----r,:~;:.~ , - I ~ - " ~ f ` ~ G y 1~ . ~ .r_......_ ; . ~ ~ NO PUD1iC 1n f0! ~~'4 ` : ~~~aN J ~ the ty and 3tate Aforesaid. ~ ! l~~.~ ~ i M~ COII1IIli~iO~lx_pI~lSit ~ ~~~~~r~~n~~~••~,•: STATS OF_-----_~.__.__.__~__~__._... t'wt,a~Y Sta~ ~.13.1974 UNTY OF.___._~.._ ~ - ~ (~p~nissaa~~a ~...,kr ~ s me peraonaU~ appeared._____~.__.^_._.-_ - . aad...__~___.___. to ms well lmown aad l~iwwn to ms W be the._.__ ~dent ~nd ~~'7 ~ 'vel ot ths corporstioa ~ respect~ Y naaned in the toregoing in~trumm~ and ~ W me to be Ws per~ons wlw aa anch ofIIcars of said corpontlon. ~ ~ , .aad ths sald ezecuted the aame; aad t,hen and tLere the ~aid_.r_~ ~ a~clmowledge before me tbat satd inatrument is the frce act and deed oi said corporation by them vely esecuted as such ofIIoers for th~ ~ purpoaes therein expresscd- that the seal therelinto attachcd b tLe co te seal by them ia like cspacity at- fuced: aII under snthorlty !n thein duly vested by the Board oi Directors of corporatian. W1TI1F~8 my hand aad a[!lcial ieal tbis_------ --d~Y ot 19..~ REC11a~€~ Notar~ PubHc in and for ~r fILEO ~N COUMTY sT. ao~E ~ ~o,sa~?s ~ CLE~K C~~+L`~!~ COURT jj~i ~[y comn~on e~m~re.: I ~c_coan v~~~F+EO--=~-'~' ~ ~ Z 2 w~ PN'13 2~98~ o a go~212 ~1566 ~ ~ pl F: ,ti : ~ r a ,,..,Y. ~,y,~~~~,,~ I ~I ~ ~^a~ ~ c~~: ~u