Loading...
HomeMy WebLinkAbout2136 d. That (a) In the event ot any breach ot thi~ mortgage or default on the pxrt ot tl~e I~tortgxgor, or lbl tA ths event any of aatd aums o[ money herein refe~red to be not promptly and tully paid wuhfn ten days next after the same aeverally become due and payable, without demand or not?ce, or ~c) in the event each and every the st~pulations, agreements. coaditiona and covenants oL a.qid pmmisso~y note and this aiortgage~ any or either, are not duly. promptly and fully performed. d~scharged, executed, ettecleJ, completed. complied wiW and aDided ' by. then, in eithe~ or any such even~ the said aggregate sum mrnt~oned u? said promissory note then rcmalning unpa~d, with int~~e~t acc~ued, and aU money~ sec~~red h.•reby. sh~ll become due and payable torihwith. or there- after, at the option ot said Mortgagee, as tully and completely as it all ot the said sunia of money were originally ! atipulated to be paid on auch day. anything in said promissory note, and %or in thia mortgage to the contrary not- wicRstsnding; and thereupon or thereafter at the option ot said I?Iortgagee. ithout notice or demsnd~ suft at law or in equity. tharetofore. or thereatter begun, may be prosecuted as if all moneya secured hereby had matund prior to its institution. Z. That 1n the event that at the beginning ot or at any tima pending any aeilt upon Lhfs mortgage. or to lorecloae it, or to nform i~ and/or to enforca payment of any claims hereunder. aaid Mortgagee shaA apply to the couct having jurisdictlon thereof for the appointment ot a Receiver, auch court ahall forthwith appoint a Receiver of aald mortgaged pmperty ell and singular. induding all and singular the rents, income, profita. issues and revenuea trom whste~er source derived, each and every ot which. it being eupreasly understood, 1s hereby mortgaged a~ if apecificaliy sat torth and descriEed in the granting and habendum clawet hereof. and such Rece[ver ahall have all the broad and etfective functions and powera in anywise entrusted by a court to a Receiver, and auch appointment ahall be made by auch court as an admitted equity attd s tnattet ot ab- eoluts right to aaid Mortgsgee. and without nference to the sdequacy or ~nadequacy of the value oi the pmp- erty morigaged or to the solvency or inaolvency of aaid biortgagor and/or of the defendanta. aad thst auch nnta. protita. income, i~ues and rerenues shail be appl2ed by auch Receiver according to tbe liea and/or equity of ssid Mortgagee and the prectlce of such court 8. It is understood and agreed that this mortgage is given to secure, in additian to ~he note or obligation above described any additional loans or future advances made v~ithin twenty years trom date hereof by the mortgagee to said mortgagors or any successor in title oi said mortgagors oi the property hereby conveyed; providecl that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of Dollars (i 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 W1TI~ESS WHEREOF, the aaid Mortgagor has executM thls mortgage under seai on the day and year henin Mt above M?ritten. 8i aealed and delivered in the presence ot: ~ ' ~ ' ' . _ . ~N~~ CIL C. ONG ~ OSE HINE G. LONG srw~ oF.._..._......Florida ~ Martin COtJNTY OF_..___......._._ ~ , Belore me pereonally appeared....... Ceci1~C. Long and Josephine~G~Lonp~~~ to me well known and kno~vn to me to be the individual.... described in end who executed the fOriegoiiig fvatt7~- met?~ and acknowledged before me that ._..he___. executed the same for the purposes therein expr~sRed. ` . - - •~+Itr ' - WTTNESS mq hand and official eeal Lhis_.. ~.fL.~ day oL._.. M~rch "•.~;2~ • , ' .:.;~~t, ~ G_ ..SF~ - _ : t~`;s~• • . r ~ y . _ ~ ~ ~ tary Public 1n and fa~ w~. i.~ ~ Q; the Countq and State a4~qm o J ; o~`~ ~ ~ My commisslon ~,g~~~. ~ : ~ ~ ? 9TATE OF PI{8E • - t!~ ~ ~ ~ ~~c ~ ~~~1 : ~ ca~+ti~~s~sL~: ~ ~t~~~ ; COUNTY OF ~oaese in~u ~~r,. ~.,a •~w..••• . I ..~r~ S~(p:(\,~~~~` ' Betore me PersonallY sPPeand.•._......--•----••-••----......._.-----_......_._._._...._....._..»......_ .~.._.~~~~li:....._ ! and . ....._..r._..._.._... . to ms w~ Imoarn aad ; I known to me to be the_.........._.._......__.~.._.......Preafdent and...._.~....~..._.r_.._..._.._...._......__.__............_....~.._._ Sacretar~ ~ ~ respectively of . the corporaUon named in the foregoing instrumen~ and known to me to be the pereoni who as auch oiltcer~ ot sald corporatlon. i ~ ; ..___.._.___....._.__.~__..__._.._..__.._._..___......._..and the sald s ' eaecuted the same; aad then and there the eaid_....____..._..~. ~ d!d aclcnowledge betore me that eaid instrument ls the lree act and deed ot aald rnrporation by them reapectively executed as auch oflicers for ths purpwes thereln expreaeed: that the seal thereanto attached b the corporate seal by them in liks capaclty d- ( fixed; all under authorlty in them duly veated by the Board o! Directors of aaid corpontioa. ~ ; ~ 3 ; WI'PPJE$$ my hand aad ofAcial ~eal thia.....---....~_.__...__..dsy of i9~ t ~ fILEO AND RECOROED ST. LUCIE C4UNtY FIA. ~ ' ROCER POItRAS Notary Publlc in and for CLERK C!HCUtT COURT tbe County and State Aforesatd. RECORD VEP.,~~Ee._._____.. x~ ~~on ~p~,: ~ Auc i T 3 3z PN'73 i i = 261.'75~ ~ .~9~ D s~,~ 1 ~~1~~ s ~ . ~ b _ ~ ~ _ G ~ ,<~3 . . . . n. . . _ . . a' ~.....F~'°'sn'~'~,.`'~'.;;