HomeMy WebLinkAbout1725 d. Tl~at (a) ta the event ot any breach ot this mortgaae or default on the pnrt ot the I?fortgagor. o~ lbl tn
the event my of said sums of money henin refened W be not promptiy and tully paid within ten day~ next
~ites the same severally become dus and ps~able, without demand or notice. or ~c) in the event escd and every ;
ths supulationa. agreementa, condltions and rovena~ts oi sa~d prom~usoi y note and this mortgage, any or elther, j
ara not duly. promptly and tully pertormed. discharged. executed. eftected, completed. compUed with end abided !
by. then, ia e~ther or any such even~ the aaid aggregate sum mentioned in sa~d prom~ssory note thea remaining d
unpaid, with intaresC sccrued, and aU money~ secured h~reby. ahall becoma due and payable forthwith. or there- i
after, at the optlon of aaid Mortgagee. as tully and completely s~ it all of the said sun~s of money were originally
stipulated to be pai3 on such day, anything in aaid promiasory note. and~or in this mortgage to the contrary not-
withstanding; and thereupon or thereaftar at the option of said I~Iortgagee. ithout notice or demand, suit at
law or in equity. theretofore, or thereatter begun, ~nay be prosecuted aa it all moneys aecured hereby had mstured
prior W [ta institution.
7. That in ths event that at the beginning ot or at aay tlme pending any autt upon this mortgags. or to ~
foreclose it~ or to reform tt, aad/or to enfores payment ot any claims hereunder, eaid Mortgsgeo ahall apply
to the court having jurlsdicUon thereof tor the appointment ot a Receiver, auch court shaU forthwiW appoint
a Receiver ot said mortgage<! property all and aingular. including all and singular the rente. lncome. proHta.
isauw and revenues from whatever aource derived. each and every of which, it being expnseay underetood. i~
hereby mortgaged as it apecifically set forth and descrit.ed in the granting and habendum clausea hereot. and ~
such Receiver ahall have all the broad and etfective Nnctions and po~~•ers in anywise entrusted by a court
to • Recetver, and such appointment ahali be made by such court as an admitted equlty and a matter o! ab-
solute right to said Mortgagee. artd without reference to the adequacy or inadequacy of the value oi the prop- ~
erty mortgaged or to the aolvency or insolvency ot said Mortgagor and/or of the defendante. and that auch
rents. prot'its, income, i~uea and re~'enues ahall be applied by auch Eiecefver according to the lien and/or equity
of said Mortgagee and the pracUce of such courG }
8. ' . . . . .
above descri 1 loans or future advances made within twenty years from date hereof by the
mortgagee to ~aid mortgagors or r in title of said mortgagors of the property hereby rnnveyed•
providecl that the total unpaid balance of the in red hereby at any one time shall not exceed j
the maximum principal amount of _ _ _ . . Dollars
_ plus interest thereon and any disbursements made by or the pay-
II~T WITATFSS WHERFAF~ the said Mortgagor has executed thla mortgage under seal on c~ aay ana y~
herein !'irst above wrltten.
Sfgned~ sealed and dellvered in the presence of: #
~
w_i~~..~........... _ _ ~
Glenn P. Ander on ~
- ~ ,G~,,• ~
O1 S. Anderson
srw~ oF_.~ORIDA ~
~~?~~n~~, ~ r.
o~o'fi~~~~'IN----------------- GLENN P._._ .S~.AN1~F'•RSC~~
' O ~iore mb~~e~a11y sPPeare~..-.._-
:.:..:.~eT:..~..~~r.f~.¢...____._.._......_....__...~....._.
• well known ~nd~no~vn to me to be the individuel~ described in snd who executed the foregoing inshv-
' ~~i~,~g ack~wleiigsed before me that ~_he.y executed the same for the purposen therein ezpressed.
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k c 0•.,, ~~,,inq hand and ofilcial eeal this..._a,~-.~..._..._...dsy oi.__.__.....~..... l~Ll.l~..
, ~'FCC ^yr,~ ~
~ . ~'D`--
~ Notary Public in for
the County aad S te Atoresaid.
~ My commiesion ezpiree:
~ -
Hp~ry PuhnC. State of Florida at l.a~te
COUNF~ OF MY Commt~sion Expires Mar. 31. 1974
- Bonded by Transamec~ca Inwrance Co-
Betore~et,personallY sPPesred--_._._.._.•••--•--• .._.___.........~.r..
~
~
an~..~.._...__..._._............._.... . to ms well lmown aad
known to me to De the......___..~_ ..._._.._~_._.Presldent and_..... --..~.._.._.._.._._.r_....~....._.__.__ 8ecretar~
re~pectively of the corporaUoa
_
named in the fongoing inetnunent, aad known me to be the persons ~?Lo aa such olIIcera o! saiQ corporation.
executed the ~ame; and then aad there the said___......_._ ._---..._..._-----_.__.._.....___~._........_.._..._._...._...____.aad ths isid
~ aclQwwiedge bsiors me tLst ~ald
~ instrument is the lree act -and deed of said corporation by them res vely executed as a~ch ottfcers tor the ~
~ purpoaes therein e~cpreseed: that the eeal thereanto attached 1s the ca te seal by tbem !a Wce cspacltq d• ~
; fi:ed: all under anthorlty ta them dulp vested by the Board oi Directors of corporatlon.~ ~
~ oVl'P1VES8 my hand aad oi!lcial aeal t2ds.-------..~.~.--.._dsy ot....._...._ y 19~_.._ ~
~
~ ,
fIlEO A'10 P.EC~~DED Notary PubUc m and for
ST.4UGIE COUNIY flA. ~ the Ccunty and 3bte Aforesaid.
~ I~OCf h %AITRAS ~
CIERK ~Q;
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IiECOR~ ~E
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253220 ~
. sooK213 p~~?~ '
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