The URL can be used to link to this page

Home My WebLink About1979 . . d. That (a) la tA~ svent o! any bresch ot this mortgaae or detault o~ the pnrt ot the 1?Iortgagor, or lbl ln U?e event any ot aald aums ot money hereln re[erred to be not promptly and fully pald w~thia ten daya next ~tter the same aeverally become due and payabte, without demand or not~ce, or ~c) in the event each and every the sGpelalions. s8reeme~ts, coadltione and covenants ot aaid pwm?sso~y note and thia mortgege, any or either, ara not duly, pwmptly and [ully pertormed. d~scharged, executed. ettecled. completed. complied with and abided by. then, in either or any such event, the aa?d aggregate sum mentianed ?n sa~d prom?ssory note theA remaining unpaid, with int~rest acerued, and aU money~ ~ecured h~reby. ahall become due and_ payable torthwith. or thete- after. at the option ot aaid Mortgagee, as fully a~id completely as if all ot the said suma of money were originally stipulated to be paid oa auch day, anything in said promissory note, and-or ia thia mortgage to the contrary not- withstanding• and thenupon or thereatter at the opti~~n ot said rlortgagee. ithout notice or demwnd, auit at law or ia equlty. theretofors, or thereaiter begun. may be prosecuted ae it all moneya aecured hereby had mstured prlor W its inaUtutiot~. 7. That in the event that at the beginning ot or at any time pending any auit upon thL mortgage~ or W ; ~ loreclose it, or W reform it~ and/or to enforce payment ot any claima hereunder. said Mortgagee ahall spply to the court having iurisdictlon thereof for the appointment ot a Receiver~ auch court ahall forthwiW appoint a Recefver ot aaid mortgaged ptoperty ell and aingula~ including all and aingular the rents. income. pmtits, isaues and revenues trom whatever source derived~ each and every of whieh. it being expressly understood. L hereby mortgaged as it apeclfically set fo~th and descrih.ed in the grunting and habendum clauses hereof. and such Receiver Mall have aU the broad and efiective functions and }wwere in anywise entn~sted by a court to s Receivec, and auch appointment shall be made by such court a~ an admitted equity and a matter of ab- { solute right to said Mortgagee. and wtthout ceterence to the adequacy or inadequacy o! the vatue oi the pmp- ~ erty mortgaged os to the aolvency or insolvency of aaid 1?tortgagor and/or ot the defendanta. and that such rents. pmfits. income, issuea and re~enuea shall be applied by such Receiver according to the liea and/or equity • of said Mortgagee and the pracUce of such court above described any additional loans or future advances made within twenty years y the mortgagee to said mortgagors or any successor in title o! said mor property hereby conveyed- provided that the total unpaid balance of the in ereby at any one time shall not exceed the maximum principal a . _ _ _ . . _ . _ _ _ . . Doilars plus interest thereon and any d~sbursements made by the morigagee for the pay- IId WTPNP'.33 VVHEREOF. the aald Mostgagor has sxecuted this mortgage under eeal on the day and year Aenin first above ~vritten. Sigaed, aealed and dellvered in the preaence of: . ~ ~ . . . B. Gerdowsky ~i4~t..~.Q.1 M ~ F LEO ARD RECORpEO - S~.tUCtE COtlMTY f~A, l RGCEP PO~TRAS CLERK C!RCUIT COURT ~ 8 RfCORO '~E?!c~EO sTw~ Q~.... FLCRLDA M~ Z g S9 AH '73 covri~~ b~:-=:~'I`IN ~ ~ ~ ' ~ M. B. GERDCWSKY . ' _ B9~p;s 1~?4,pe~Y aPPeai'ed------._._. _ i :--~'~',v...:.~,r~ •i--.....: ~ '=s ~ o ~N p~ ~own to me to be the individual..__ described in aad who executed the foregoing inetru• , ~~awZ.~before me thet .~5.-he.__. executed the same for the purpo~es therein expreased. . ~ ~ c - ~ K , ? ; r~r~~,~y h~a ~a orn~i.i c~..--------J ..........aay or_._.. Ma~ is . ! . f f t • ` ,lS.! 1r1~~'S...C ~ . l Notary Publlc d for ~ the Countq and tste Atoresaid. : ~ ~ My commieaion expires: ' STATE OF Np}~rv p~brc. State of Ftorida at LarBe ~ My Commission Expires Mar. 31. 1974 ; OF - ga~~ by Transart?enca Insurance Co. , Be me peraonallY aPPesred• ~ and to ms well lmoara and ~ known to me to be Lhe--• .............._.._..__Fresident Rad.......__.r..».~....._.._--......--..--.....__...._..........._.._... Secretar~ ; respectively oi tLe cotporatloa ` named in the toregoing instrummt, and W me to be ths personi who as sucb ofIIcers o! sa~d corporation. executed the ~ame; and Wen and the~5 the sald----- -..-~~...-..---._...._._.....__.--•--..--_.__....._......_.__..__......_.~...aad ths said ~ . did aclmowledge bsiors me ihat said } instrument is the iree act and deed of said corporaUon by them tlvelq execttted as auch ofAcers for the S ~ Purpo~es thereia expreaeed• that the seal thereunto attached fs the rate seal Dy tham !n liks capactty af- i ~ fixM: all under suthorlty tn Wem duly veeted by the Board oi Directors d corponUon. 3 WTPNFSS my hand and ottfcW ~eal tbis .............r.~_._..day oi... 19.____ ' ~ ~ . ~ Notary Public tn and tor the County and Stste Afoe~esaid~ I~y oommiasion ezpires: so~r.2~3 ~c~~9~ : _ _ . _ . . - Y~~~- - :