HomeMy WebLinkAbout1024 6. That (a) in thc event of any breach ot this morcgage or de(ault on thc part o[ the ~tortgagor. or (b) in the event a~y ~
oE said wms of money hcrein referred to be not promptly and tully paid within ten days ncxt a[ter the same scverally bo- ;
mme due and payable, without demand or aotice. or (c) in the event each and e~ery the stipulations, agrecmenu, rnnditions ~
and mvenanu oE said promissory note snd this morcgage, any or either. are not duly, prompdy a~d fully perEormed. dis-
charged. executed. e[[ected, completed, rnmplied with a~d abided br, then. in either or any such tvent. the said aggrcgate
sum mentioned in said pt~omissory note then remaining unpaid. with interest acaued. and aU mor~eys secured herebp. shall
become due and payable torthwith, or thereatter, at the option o[ said Mortgagee, u tull a~d oompletely as i[ all oE the
aaid wms oE moae~ ~ra~e originally scipulated w be paid on wch da~? ~?lrthi~8 in uid promisiory note. and/or ia this mort- ~
gage to the convary notwithstand'eng, and thereupon or thereafter at the option of raid Mortgagee. without notice or de- ;
mand. suit at law or in equity. therecotore. or therea[ter begun. may be prosecuted as i[ aU moneYs secured hereby had
matured prior to iu institution.
7. That in the event that at the beginning o[ or at any time pending any suit upon this mongage, or to foredox it. or
w reEoran it, aad/or to eaEome payment of any claims hereunder, said riortgagee shall apply to the coure having jurisdiction
thereoE for the appointment of a Receiver. such coun ~hall forthwith appoint a Receiver o[ said moregaged propetty all and
singular. induding aU and singular the rents, iacome, pro[its, issues a~d revenues trom wha[e~•er source derived. tach and
every o[ which. it being expressly understood. is hereby mortgaged as it specitically set forth and daaibed in the granting
and habendum dauses hereof, and such Receiver shaU have all the broad and e[tecti~e functions and powets in anywise
entrusted br a court to a Receiver. and such appointment ahall bt made by sach court as an admitted equity and a matter oE
absolute right to said 1lioregagee, and without re[erence to the adequacy or inadequac~r of ehe value of che propeny awrt-
gaged or to the solvency or insol~~enry of said 1liortgagor and/or oE the detendanu, and that such rent;, profits, income, iF ~
sues and revenua shall.be applied by such Receicer according to the lien and/or equity of said Atortgagee and the practice ~
of such rnurt.
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IN N'ITNESS WHEREOF, the said ??tortgagor has execvted this mortgage under seal on the day and year herein fint
above wri[cen. -
Sign sealed a elive in the praence o[:
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V cs~.)
Richard Verbic, as Trustee
Florida
S'I'ATE OF -
' Martin ~ u- }
, COUN'I'Y OF - - E
~ Betore me personauy appeared Richard _Verbie~_ as Trustee '
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to me well know and known to me to be the individuaL desaibed in and who executed the foregoing inswment, and
~ acknowledged betore me that he___ executed the same for the purposes therein expressd.
WITNESS my hand and official seal this 18th d,y ot Apr ~ _ ~g73_
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Not in and tor : ,Y
the County and State Aforesaid. ; ` "
11fy commission expira: ~ ~ ~
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Fu~.";c, SEaie ~i P~rid~ at tar,~ .
' = s : :y ~ - ~ : o
SI'ATE OF - - a - < •
COUI~TY OF Mr Co~~~ssior, Ex~'res lu~e 19. Z4' . a"s ;~~''i
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Betore me personally appeared - -
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and to me well~~qyq~ ~
jr y q11~1P.
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known to me to be the President and
respec[ively of the o~rporacion
named in the foregoing instrument, and known to me to be the persons who as wch oificets oE said corporacion, executed
~ and the. said
° the same; and then and there the said
~ did uknowledgr before me that said
~ instrument is the [ree act and deed of said corporation by them respecti~•elq executed as wch o(ficers tor the purposes there-
s in expressed; that the seal thereunto attached is the wrporate seai by them in like capacity a[[ixed; all under authority in
~ them duly vested by the Board of Dimtozs of said corpontion.
- ~VITNESS my hand and oE[icial seal this day of - - - 19 -
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rILED AND RECOROEO
ST. WCIE COUNTY fLA. ~ hTotary Public in and for
~ ROCE~ R7tTRAS ~ the Countr and Swte A[oraaid.
CLERK C=%~,Jlt COURt My commission expims:
pccAk~ Vzr~: ~?£0
Ant 13 3 s4 PH'73 2S2'718 0~ 2~~ ~1fl~
soox
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