HomeMy WebLinkAbout0994 8. That (s1 In the event ot any breach ot thi~ mortgage or dctault on the part ot the Atortgagor, or lb1 ta
the event any of said aums of money herein reterred to be not promptly anJ fully paid wUhin ten days next
~iter the same severaUy become due and payabie, without demand or not~ce, ur ~c) in the event each and every
tha atipulalions. agreements, conditiona and co~•enanta ut a31d promissoiy nute and this murtguge, any or either,
sre not duly. promptly and fully pertormed. d~scharged, euecuted, etfe~~teJ. com(~leted, complied with and aDided
by. then. in e~the~ or any such event, the said aggregate sum m~•nt~oned in s.1~d prom~ssory note then rnmaining
unpald, with intarest acerued, and sU money~ sec~u-ed hcreby, shall becume due and pa~•able torthwith, or there-
a[ter, at the option ot said Mortgagee, as tully a~i~ cumpletcly as 1t aU ot tt?e said swus of money were originally
stlpulated to be paid on auch day, anything tn sa~d prom~ssory note, and or in this mortgage to the contrary not-
withstanding; and thereupon or thereafter at the optiun of said 1?Iortgagee, ~~•ithout notice or demand. auit at
law or in equity. theretofore. or thereatter begun. may be prosecuted us it s?ll moneys secured hereby had matured
prior to its institution
T. That in the eveat that at the beginning ot or at any tlme pending any suit upon thls mortgage. os to
loreclose it, or to reform it. and/or to enforce payment ot any claims hereunder, aaid Mortgagee ahall apply
to the court having jurisdiction thereot for the appointment ot a Receiver, auch court shall forthwlth appoint
a Recetver of satd mortgaged property a1P and singular. including atl und aingular the rents, income. profits.
lssues and revenuea from whatever source derived, each and e~•ery of which, it being expresaly underatood. is
hereby mortgaged a~ it spec[fically set torth and descriEed in tne Rr:u~ting and habendum clauses hereof, and ~
such Receiver shall have ail the broad and etiective tunctions and },u~.•era in s~ny~~ ise entnt~ted by a court ~
to s Receiver. and such appointment shall be made by auch court as an admitted equity and a matter ot ab- ~
solute right to aaid Mortgagee. and without reference to the adequacy or inadequacy of the value oi the prop- !
erty mortgaged or to the solvency or insolvency ot eaid I?tortRagor and/or ot the detendants, and that such
nnta. protiW. income, is9uea and re~•enues shall be applied by such Receiver according to the lien and/or equity
o! aaid Mortgagee and the pracUce ot such court. .
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8. lt is understood and agreed that this mortgage is given to secure, in addition to the note or obligation ~
above described any additionat loans or future advances made within twenty years from date hereof by the
mortgagee to ~aid mortgagors or any successor in title oi said mortgagors of the property hereby conveyed•
provided that tl~e total unpa~d balance of the indebtedness secured hereby at any one time shall not exceed
the rincipal amount of fi.ve thousand twQ. hundred _s1Xt~@fl b~40/10(~ollars f
(a plus interest thereon and any disbursements made by the mortgagee for the pay- ~
ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
IId WTl'NES3 WIiERFAF, the aaid Mortgagor has executed this ~nortgage under eeal on the day and yesr
herein first ~bove arfttea.
Sigaed~ sealed deUve the ~ nc .
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sTw~ oF_..Florida..,..._._......___~ '
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coviv~r oF_..SYJ,~~:.~..-•-------•------- ; .
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' Befon me personally appeareb.._ ~4•.~:.~-1~ .
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~ to me well known and kno~vn to me to be the individusl__.. dtacribed in and who executed the foregoing i~fst~- • ~
~ ment, and acknowledged before me that .__.he.... executed the same for the purposea therein expressed. 4 z..
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WTrNES3 my hand and offlcial aeal thia..........~ 5.__.___day of__...__._._.._..._.....~~.~k..w.0.~~ j~~
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~ Notsry blic in aad for 7 n d : YG
the Co y and State Aforesaid.~ cr O -
a My commi N~TAHTi o A; ~
~ 3TATE OF-•-••-•• ~ PUBLIC. St~e~.of~~~ '
My Commission Ex~~re's,lqr 2 , ~ ~
~ BootlodDyAUTOOWhEiibl~i~~..••' i
COUNTY -OF-------•--•--•-....___..._____........---
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Betore me personslly appeared..------•-----•-....--•.......•----•----_____...__._.....~-------......._._.._._..._..._.....~........!~.,~ i'~n'"`~` 1
un '
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and to ms well lmorvn aad ~
known to me to be We--••--•--•---•---...._-...-•---••---.Preafdent and.._._.__._......_.___r.._.__ Secretar~
~ the oorporation
~ respectively of
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~ named in the foregoing inattvmw~ and known to me to be the pereons who as auch offlcers oi safd corporation. ;
~ ._aad U?e ssld f
~ executed the same; and then and there the said.._--•-........-_--••--------.._.._......w_._---_...._.---....._.__..._..........--
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---....___.._._...r_...._..._._did uknowledge before me that sald
instrument ia the free sct and deed of said corporation by them respecUvely executed as auch oMcers for the
purposee therein expressed; that ihe eeal tiiereunto attached 1s the corporate seai bY tUem in Wce caPacity af-
tixed; all under authorlty in them duly vested by the Board oi Dfrectors of aaid corporation .
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WTPNP'.S$ my hand and ofScial seal'tt:ts.-•---••---___.~__...day oi..__......_.._....-------•---•---------__...._._-., ,
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rlutary Publlc tn and for
; f~1 c~ a" ~ t•~ , ~ k~' the County and 3tats Aforesai~
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- - , t = Hy commiedon expires:
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