HomeMy WebLinkAbout2057 d. Tl~at (s) la th~ ~vent ot any breach ot thb mo~t~are or detault oo the part of the Mort~ or. or lbl to
the eve~t any ot aald aums o! money hereUa reterred 4 be not promptly snd tully paid w~thin~ ~yi aext
aites the satne severally become due and payable, without demand os not~ce, o~ ~c> in tha event each ~?nd every
the ~t~pulsUor?a. agreements. conditions and ~bvenantd ot said prom~asoiy note and thfa n?ortgage. any or elther, •
ua not duly, promptly and tully pertormed. discharged~ executed. eftecte~ complcted. compUed with snd abided
by. then~ in eithe~ or any such event, the said aggregate sum mentioned in suid peom~saory note G'~en rematning ~
unpaid, with intereat accrued, 4nd W moneys secured Arteby. ahall become due sr~d payable forthwith, or there-
atter. at the option o! said Mortgagee. es IWIy and completely e~a if all ot the said aums of mohey were originall,jr
stipulated to be paid oa such day, anything in aa;d prom~aaory note. andlor In thia morigage to the contruy not- ~
withstanding• snd thereupon or thereaftar at the option ot aaid biortgagee, w[thout notice or demand~ auit at s
lsw or in eqtilty. theretofore. or thereaiter begun. may be ptoaecuted aa it alt moneys secured hereby had maturad
pdor to !ts institutloa ~
7. That in the eveat that at ths Deginning ot or at any Wne pending anq suit upon thL mortgage. or Lo
foreclose it, or to retorm it~ and/or to enforoe payment oi any claime hereunder, said Mort '
v
to the court bsvin~ iurisdictlon thereoi tor the appointmea?t ot a Receiver, sach court ahall i~rthwit~h
a~pp~
R Recelver of said mortgaged pmperty all and aingular~ includtng aU and ai~gWar the rents, income p~~~
iasues and revenuea Lmra whatever soutce deHved, each ~u?d every of whicl~ it .being expreasty undeta to
d~ ~
hereby mortgagM as ii speclfically aet forth and deacrit.ed in the qranting and habendum clause~ hereot. and
sueh Receiver Mall have all the broad and eftective Lunctions and powe~y in anywise entcusted by a court
to a Receiver, aad auch appointment shall be made by auch court as an admitted eqWty aad s matter of ab-
~olute dght to asld Mortgsgee, and without reference to the adequacy or inadeqwtcy of the value of the prnp-
erty mortgaged or to tlie aolvency or inaolvency o! aatd Mortgago~ and/or ot the defendanta. end that auch
rents. pratits, income. issuas eu?d re~enues ahall be applied by auch Receiver according to t2?e lien and/or equity
oi said D[ortgagee aad the practice of such court.
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 yesrs irom date hereof by the
mortgagee to said mortgagors or any successor in title oi said mortgagors of the property hereby conveyed;
providecl that the total unpaid balance oi the indebtedness secured hereby at any one time shall not exceed
the n~aximum principal amount af . _ _ _ - . . _ llars
. Do
plus interest thereon and any disbursements made by the mortgagee for the ~,ay-
ment of taxes. levies or insurance on the pmperty encumbered~ hereby. with interest on such disbursements.
IN Wl'!'NE83 W~F. the sald ldortgagor he~ sxscuted this mortgage under seal on the day and year
herein flr~t above wr1tW~.
Sianed. ed ~nd deliv naence ot:
v
, LAKE MANOR PROPERTITS, INC.
By:
- I resi ent
. ,
~
~ ~~i ;
Its Treasurer ~ ~
STATE OF_..........__._......».
;
COUNTY OF......__.._ ~
Before ms perwaWy appeared..---..
Lo me well known and known to me to be the individual_... de~cribed in and who executed the foregoing instru-
ment, and ~?clcnowledged before me th,t ._.tie.... executed the aame for the purpo~ea thenin expreased.
WIT'NES3 my haud snd oiflMal seal this .............._..._.......d+~y oL....._ . . 19........
Notary Public fn and for ~~M ~
the Couatq and State Aforiasid. ;
S
STATE OF......~!Q~.~~._._..._..._.,_... My commfasion ex~ires: :
as, ;
OOUNTY OF....~~.~~._»....._......_ _
Betore me rsonau s ANDREW J. BUI:,I,OCH -
a r p~.._.____........_.....~..___ w... . ~
~TERNON STODDARD ~
anb_....._ _ to me welt kaown an3
knowa to me to be the
..............~...........~~...-..,Prsdeent aAd.......... Treasurer.......~~..__................_..~..
re ctivel oi LAKE MANOR.. P~Q~~~~$,~.,.,,~~,,,__.,_ tbe oorponttoa
~ Y
nsmed in the tongoing instrumeat~ aad lmoarn to me to be the per~on~ wha a~ iucL olIIcets ot said corporatl~, '
exxuted the aame; aad then aad thers the ~atd_._..»A~~..sT......~u~~H..__._........._.._......._.__aad tt~s ~ald
_VERNON STODDARD a~cknowledge bsior~ me tbat Wd ~
tnatrument Is the iree act and deed oi safd corporaUon Dy them respectively ezecuted as such ofIIcer~ for th~
Pue~poses therein expressed: that the seal thereunto attached b the oorporats ~eal by t6am fn t11ce cspaMty d-
tixed; all under wthorfty tn Wem daly veite~ by the Boud o! Dlrectors of said oorpontioa.
wrrr~ss my na:w aaa otncw u~s...---- 1--
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` • " Pubuc fn anQ tor +
FILE~ A~~ RECORDED ; ~ ; , : 'r ' ,~intp and $t~b Atore~a?d.
St. WC1C ..OUMTY FLA. ( - ~ ; ~0'* ~ . _ ~ , . s
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