HomeMy WebLinkAbout1942 d. That (a) In ths event o! any bteach ot tht~ mortgsge or detault on the pnrt ot the 1?IqrtgRg,o. or tb) ta
the event any ot aaid aums ot mo~ey herein reterred to be nat promptly and tulty paid witAin t,i~ day~ next
atter the same aeverally become due snd payable, without demand or notcce, or tc) in the event each and every
the at~pulations. ag~eements, conditiona ~nd rovenants oi a~ud prom~ssn~y nute and th?a mortgage. any or efther.
are not duly. promptly and [ully pertormed. d~scharsed, executed, etfected~ completed. complfed witb and abided
by, then, in e~the~ or any such event~ the aaiJ aggregate sum mrnt~oned u~ sa~d promissory note then rematNng
unpa~d, with interest acerued~ and aU money~ sec:ured h.•reby, shai! becume due and payable forthwlth. or there-
atter, at the optlon ot said Mortgagee, a~ tully and completely as if all ot the said sunia ot money were originally
atlpulated to be psid oa auch day, anything in ~ald pron~issory note, and!oc 1n this mortgage to the contrary not-
withstandlog; and thereu~on o~ thereatter at the option ot saed 1?lortgagee. ~vithout notice or demand, aWt at
law or in equity. theretofore, or thereatter Degun. may be prosecuted es if all mQneys aecured hereby had tnatured
prior W tts institution.
7. That in ths avent that at the beginr?iag ot or at aay time pending any sWt upon this mortgags. or Lo
loreclwe it~ or to rrtorm i~ and/os to enforce payment o! any claims hereunder, aaid Mortgagee shall ~pply '
to the court having juriadiction thercot for the sppointment ot a Receiver, auch court shall torthwlth appoint
• Receiver of aaid mortgaged property atl and aidgular. including all and singular the rentn, tncome~ profits.
Lsues and revenues irom what~ver source derived, each and every of which, it being expressly underatood, is
hereby mortgaged as it npecifically set torth and deserit.ed in the grausting and habendum clau~ea hereot. and
aucA Receiver shall have a11 the broad and etfective functinns and }w~~•ers in anywise entrusted by a court
to s Receiver~ and auch appointment ahall be made bq auch court as an admitted equity and s matter of ab-
solute right to aaid Mortgagee. and wtthout reference to the adequacy or inadequacy of the value ot the prop-
erty mortgaged or to the aolvency or insolvency of aaid Diortgagor and/or ot the defendanta, and that auch ~
rents. proCits, income. issuea and ce~•enuea shall De applied by such Recefver accotdtng Lo the lien aad/or equity
ot said Mortgagee and the practice of auch 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 years from date hereof by the
mortgagee to ~sid mortgagors or any successor in title of saic~ mortgagors of the property hereby conveyed;
providecl that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed
the maximum principai amount of _ Dollars ~
_
plus interest thereon and any disbursements made by the mortgagee for the pay-
mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements.
IIV WITNES3 WHEREOF, the sald Mortg~gor ha~ executed thLs mortgage under seal on the day and year
herein lirst above ~?rlttea.
sealed and ve the presence of: '
- ` (SEAL)
GE ALD A E
~ .
~ .,c./ (SEAL) • ~
As to Gerald A. Snyde and M.AR LOU R
Ma.ry Lou Snyder
F LORIDA `
STATE OF--~ #
~
M. ~
cotnv~r oF_....~MAR'I'IN......._-•--•-- .
Betore ms peraonally appeared......__..~rald A. S~der and Mar~r Lou Snyder, his wi .
to me well known and known to me to tx Lhe tndividusi@_. dwcribed in aad who executed the foregp~~3netp~. ~
ment, and acknowledged before me tl?at t..ha_~I execuied the same for the purposes thnrein expresved:~
' ```~t1~Nl1Utl~I/I/~ . .
WITNESS m q hand and oiilcial eeal this.25 .................w.day oi......_Ma.~L......._...._._..~,~.•~ Q•~ v
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' No PuDlic in aad fo~ a„O~l1~
_
~ the . unty and 3tate A~~ j?- •
, ~ ~ . Jr ~
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; ~y ~0~~~9~~~i,8~~'s~ at t~ ~
; 3TATE OF_..----•---•••••--•••---•-•-------_••••-------
~ My Commissi 'rgs ,2B„~9Z6
: 1
ss•
4 COUNTY OF BonOedD~rAUTO " C' E
~
~ ~ ~~~''4~.~r= 5 y
F ..................«_"~._..~~...~.~.«....r._~~.«...~r+...«.~.~..........._~..r.~.~~ ..r~
! Before me peraonslly appeared___.__.
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~ iIId.--••-•..--------• LO nle W~ ~QIOVVII 8~
i
~ knowa to rae to be the__._..._._..._.._._.._.._....._.Preaident ~ad_......~.._ Secretar~
E
~ re~pecuvely of tLe corporstlon
~ -
~ named in the foregoing instnunent, end known to me to be ths perean~ ~vho as such ofticera of aaid oorporation.
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i executcd the same; and then and there the ~aid--------~----.~....------------...__~.....__~~....__._....»._.___......__._._aad the sald
s
~ ......dld acknowledge before me tt~at sald
instrument is the lree sct and deed of safd corporaUon by them respectively esecuted as auch oMcers for t}u
- pvrposea therein expreseed: that the sesl tt~ereunto attached is the corporate seal by tDem in like capacity ai-
- ti~ced: all under authority tn them duly vested by the Board oi Directors of said corporation.
,
s
; WITNFS3 my hand aad olAcial ~eal this--------------_-_._._...daq of_.........._...~...__._~.___......_... 19~ .
, i
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;
, ~
Notary PubHc !n and !or
Q R the Connty and 3tate Atoresaid.
L~p ?~y~~V~r l~M l ~y cotnmiesion expires:
i 11CtifA t0~tlt?s ~t ~ _
~`~°K cr~cv~t eov
Qt~E V~~~Flfo
` Rf GQRO pH
~
#
; 2S'7449 ~~x 215 ~A~E 1939
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