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HomeMy WebLinkAbout2124 ~a d. That (a) la the event ot any•bresch ot thla mortgage or detault on the part ot the btortgRgor, or tb1 tn the eveat any ot safd aurr~ ot rrioney herefn reterred to be not promptly and fully pald within ten days next aiter the same severally become due and payable, without demand or notice, oc te) in the event eacb and every the atipulations, agreementa, cond~tiona and rovenanta ot a~~d prom~sso~y note and thia mortgage, aay or either,• •re net duly, prnmptly and tully pertormeei, discharged, executed, etfectel. completed. complied ~with snd abided by, then. in e~ther or sny such event, the siud agg~egate sum m. ntioned 1n sa~d promissory note then rema~ning unpald, with intareat accrued, and al! monaya secured h.~nby. ahall become due and pa~~able torthwith. or there- after, at the option oi aaid I?io~tgagee, es tully and comptetcly as it all ot the said sunia of money wete originally atipulated to be pai~ o~ auch day, anything in said pron~issory note, and-or in thia o~ortgage to the contruy noL- withstanding; atid thereupon or thereafter at the opti~~n ot said I~Iortgagee, ithout not?ce or demand~ suit at law or in equlty, theretofore. or therea[ter begun~ may be prosecuted as i[ all moneya secured hereDy had matured prior Lo its lnstitutioa 7. That in the event that at tt~e begilwfug ot or at any time pending any suit upon thls mortgags. or to lorecloae i~ or to reform it. and/or to entoroe payment ot any cisims hereunder, said Mortgagee shall spply to the court having furi9dietion thenot for the appointment o[ a Receiver. avch court ateall forthwith appolat a Recetver of sald mortgaged pmperty all and aingular~ including all and singular the rents, lncome, protiv, issues and revenuea fTOm whatever source derived~ esch and every of which. it being expreasiy understood. b hereby mortgaged as if apeclfically set torth and descr~t.ed in the gr.u~ting and haDendum clau~es hereot, and euch Receive~ ahaU have all the broad and etfective funetions and powe~ in anywise entru~ted by a court to a Receiver~ and such appointment aha11 be made by auch court as an admitted equlty and s matter ot ab- solute right to aald Mortgagee. end wtthout reterence to the i?dequacy or inadequacy of the value oi the prop- ' erty mortgaged or to the aolveacy or tnaolvency of said l~fortgagor and~or ot the defendante, and that auch ` reata. protits, income, is~ues and re~•enuea ~hall be applied by such Receiver accordtng to the liet~ and/or equity of said Mortgagee and the pracUce of auch cour~ 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation above described any additional ioans or future advances made within twenty years irom date hereof by the mortgagee to ~aid mortgagors or any successor in title oi said mortgagors of the property hereby conveyed; provided that the total unpaid balance of the i~debtedness secured hereby 3t any one time shall not exceed the maximum principal amount of _ _ Dollars plus interest thereon and any disbursements made by the mortgagee for the pay- m~nt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. IId W1TNE.S3 WHERFOF. the aald Mortgagor has executed thla mortgage under seal on the day and year herein first above ~rrlttea. 3igaed. sealed and delivered in the preaence ot: ` f ~ ~ ~.F1...~. ~,!~~~~...e...._.. _ . ~ . / STATE OF....~Io.t_'.L.~.G" ~ , ~ COUNTY OF.....~ tt~.~1./.! Gu E t{cShe f ` Beion me personally appeared..._.......~..__.e._.....__.....~ ..~.~y~A.~..Q~..M~Sh~:~~t.~...hLS.~•~i f e io me well known and known to me to be the individual.s described in end who executed the fongoing ittstru- ment, and acknowledged before m that t.he.~ executed the same for the purposes therein euprea~ed. ~ ~ • 3 Y WI1'1VES3 my band and oiHci~' ieal this..._...~'~..._....».__....day oL.._~.r........~........._..~~..... 29~ ' _ fiLEO ANU FE~~d0E0 ~ St.IUC!E ~4:?!ItY fl~. ~~~~-~--`~M I~~jl~L.~.c_. - RO~:"r ~~+i~aS f~ CL"c~f. L•';C~t, Ci=URT~ otary Public in and for ~ ~{c~!ry::: YE?.,~i:C ~_~...~~Couniy and State AfOresai~. . : Yc~. - ~ p. ' ~ _ ; ~M commiesion expiree: ' , i'•,' a oF . A~ I 1 3 ~6 PN Z ~ ' ~1 , . ; j, as,' ,~V~'~''• 97 COUNTY OF.---.._.._»..._..__...»»..._._...--- ,''it?-rt~•,Tys+~sft~f:~;, { Betore me personailY aPPesred••---•----.._....._-------_......_~ V 1 I `S `~t ......_._...._..___-~---~-~---1 v ' ~ ~ , . . • ` i t !?nb.....__ LO nfe Wlll laiOWn aDd ~ i E known to me to be tbe--°---._....__..-_---._.._...._.Preafdent ~nd.._...__._._......._._......_ Seceetar~ E ' respectively oi ~ the oorporsUoa ~ ~ named in the toregoing inetnunent, and kaown W me to be the peison~ wAo as such o3IIcers oi said corporstlon. i " eaecuted the same; and then and thero the said.---•....--•---..~......~_._..---....._._..___...._..._w....._.__..._......_.r...sad the eafd s ~ ._._dfd acknowledge befote me that said instrument ta the tree act and deed of aald corporaUon by them respectively executed as such oMcers for ths purpo~es therein expreseed: that the seal thereunto attached is the oorporate seal by them 1n like capacltq at- ~ fiued; all under authortty in them dulq veated by the Board oi Dlrectors o! aaid corporation. ~ E ° vvrrxE.sa my n.na ana orn~w w4 ............._.~._._..a.y or_....._..._........_._._.. Y...._._ ie._._._ s 4 r _ `~''his Instr~sment Yrepared By: ~ ' ...~.._.........._._.w.._ ; RQBERT H. St•:ITi-i Notary PuDllc 1n and for ' E}: e cu t i ve V i c e P re s id en t the County sna sate wroresata~ 5 a Jensen ~each Bank ity oommtesion euptna: f r • O • ~Oi. / ` Jensen Beach, Floric?a 33~57 ~ - ~ 5 E ~ ' ~ ~~2~7 ~ r ~ ~;r _ ~ : r 4~-~--xti F - - _ ~ s.._ _ z,~- a~ ~