Loading...
HomeMy WebLinkAbout2924 8. That (a) !n ths event of any breach ot thia mo~tgage or de[ault on the part ot lhe I?fortgagor, or Ibl tn the event any ot asid aum~ of money herein re[erred to be not promptly an~1 fulty paid w~thin ten daya next after the same aeveraliy become due and payable, without demand or not,ce, u~ ~c) in the event each snd e~•ery the at~pulalions. agreements. cond~tiona and covenanW oi a11d p~om~sso~y note and thls nu,rtgage, any or either, are not duiy, promptly and tully pertormed, discharged, executed, etfected, rompleted, complied with and abided by. then. in elther oc any such event, the ssiJ aggregate sum m~•nt~oned ?n sa~d pru~niasory note the~ remaining unpa?d, wi~h int«est accrued, and ail moneys secured h~•reby, shall becume due and pa~•able torth~vith, or there- atter, at the option ot said Atortgagee. as fully and cornpletcly as if s?Il ot the said sun~s of money ~ere originally stlpulated to be paid on such day, anything in sa~d pron~issory note, and•or in this mortgage to the cont~ary not- withstanding; and thereupon or thereafter at the opti~~n ot said rtortsagee, ~~•ithout not?ce or demand~ auit st law or in equity, theretofore. or thereatter begun. may be prosecuted a9 it all moneys secured hereby had mstured prlor to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this morigage. or to foreclose it, or to reform i~ and/or to enforce payment ot any cleuma hereunder, aaid Mortgsgee stutll apply to the court having jurisdictlon thereof for the appointment ot a Receiver, auch court ehall forthwith appoint s Receiver of sald mortgaged property all and singvlar. including all und aingular the rents, income. profits issuea and revenuea from whatever source derived, ea.:h and every ot which, it being expresaly under~tood, ia hereby mortgaged as if apecifically set forih and descri~ed in the Rranting a~d haDendum clauses hereoi~ and such Receiver shall have all the broad and e[tective functions anci Ew~eers in anywise entnuted by a court to a Receiver. and such appointment shali be made by auch court as an adrnitted equity and a matter of 8a sotute right to sald Mortgagee, and without reterence to the adequacy or- inadequacy of the value of the prop- erty mortgaged or to the aolvency or insolvenry ot said Mortgagor and ior ot the delendants, and that auch rents. ptofita, income, iseuea aad re~•enues shal2 be applied by s~tch Recefver according to the lien and/or equity o! aaid Mortgagee and the practice of such court. agreed that lhis mortgage is given to secure, in addition to the note or obligation above descr? al loans or future advances made within twentv years from date hereof by.the mortgagee to ~aid mortgagors r in title of said mortgagors of the properly hereby conveyed; providecl that the total unpaid balance of the ~n ured hereby at any one time shall not exceed the maximum principal amount of _ Dollars (S plus interest thereon and any disbursements made by t e the pay- mrnt of taxes, levies or insurance on the propetty encumbered hereby, with interest II~T WiTNES3 WHEREOF. the satd Morigagor has executed this ri?ortgage under seal on tha day and year herein tirst above written. 3igned. sealed and delivered in the presence ot: / ` • f , . / / Wax en J,? Olson .~~:e~r.r~:.C.,~c.c~~...~t.~,r,t.,..~.._...._.. . , . /i~ _ ' ~ . : r' f ~`~~~~.~~'L Maxguerite J.~ OLson ^ sTw~ oF......FLQRIDA_.....__._. ~ cotnv~ oF__...11lGA~ZTIl~I---------------- s~ro~ me ~~.uy ap~,?na.........Warren J, ,.Olscm. ~~w~.ll.~r.g~,~~i~.e .~._..S?ls.on,....bi,s_ ~f to me well known and known to me to ?x the individual.._. described in and who executed tha focegoing lnet~y~~~~~~~ii~,,_:,. - ment, and acknowledged before me that ~._he3Z. executed the same for the purposea therein exprea9ed. ~~t ~~~i,` " ~ ' , •L~~ , : V : WTrNESS my hsad and oftlcial aesl thia...... :..?..S ._..__.day oi_...... _L.~...G..........._..:--5'a? V'.`~S ~ 2~ ~ - ~ ~ ~:l. i % = a ~ ~ O ~ • . ' ~ - ~ ~ i • ~ ~ ~ m~ ~ Q~ r4 Ot.$Cy/ P11~1~C ~7l ~ld ~O! r C.~S i ~`pS.i ~ v~ J' e County and Siste Atoresaid. ~J~'• ~'~,i_ L.•~ My commiasiott expina: ~'.~'~••••••••'~d~.~ ' • FWT;,~'t ; ~ ';'u~ ~t LARGE~r~~ ' ~ ! CO OF._ MY CC;.: _ ' _ ; ; . " ~ ~ PT. 1 l~l~ : , t 8onde0 7nw Gcn. i.. _r. uadetwrltef~ 1111`. E Betore m rsonally appeared....---••---...-•--•--•--...----•------_._~_..._......__._..... i t and.--• ..~....._....._._..r_..........__y to ms well laiowu aad ; - E r s known to me to be the_...._.__.._.._ ..........__._Preaideat and.._.----•--....._..r._.._._............._..._.__......___..........__ tar~ ~ ~ respectively oi the corporatlon ~ named in the foregoing inetnunent~ and known e to be ths peraoni who as euch ottlcers ot said corpontton, ' ._and the asld ; execvted the seme; and then and then the sa1d.------• s , ' _ ~d aC~[110W1!'d$A ~TO!! I11E LZ18C 6R1Q ; lnstrument ia the free act and deed ot satd corporatlon by them res ely executed as auch oMcere for ths pvcpo~ea therein expressed; that the eeal thereunto attached is the cotpo e aeal by them in like capacltq af- ti~ced; all under authority in them duly veated by the Board oi Dtrectora of aa! rporsUon. ~ Y ~ WITNE3$ my hand sad ofticial eeal thie.._._...-•-._.~._. da of---....---._.._..._..__ 19_..._~ ~ ~ . ' RECOEtUED Notary Public in and for 5 fIlEO AMO the County ar?d Siste .ifa~~al3- ~ Sj~ ROGfR P~ 7flASLA. ~ _ CLR~ ~~pRF Ea ~OUitT : RE~a ' 3 2 a9 Q~?'z3 : ; ~ { 258110 ~ °saoxz~5 PAGE~~.7 _ . ~ - - ~ ~ ~a t~-y~ ~ '-,z" ~ . . . , Y ~ =Y