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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. V = 1 C~ ~ - I ~J? • L1 tr c ; ? ~ e~» ~7 , • ~ 19.ts~. ~ 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; ~f 0 ~OU..~~~ - IiECOR~ ~E ~ ~ 2 38 PM'13 ~ . ~ 253220 ~ . sooK213 p~~?~ ' _ _ - - - - . x~.~. - = -~z~~:: - :