HomeMy WebLinkAbout0524 d. T'Ast (a) fe the event of any breach ot thl~ mortgage or default on the part ot the Mortgagor, or lb) tn
the event any ot asid aurr~ o[ money hereln re[erred to be not promptly and tuUy paid within ten days next
atter the same severally become due and payable, without demand or notue, or ~c) itf the event each and every
the at~pulationa, agree3mcnta, conditiona and ravenanta of sa?d p~omissoi y nute and thia m~,rtoage, any or elther.
sre not duly. promptly and [ully performed. discharged, execute~f, ettected, completed, complied witA and abided
by. then. in either or eny such event, the seuJ aggregate sum m~~ntioned i~ sa~d promissory note then rnmaining
unpaid, with int~reat acerued, and aq money~ sec~ired h~•reby. ahall become due and payable torthwith, or thete-
atter, at the option of said biortgagee, as fully and completcly as i[ all ot the said suma of money were originally
atipulated to be paid on auch day, anything in said prom~ssory note, an~l-or in thi~ mortgage to the contrary not- _
withstanding; and thereupon or thereatter at the option ot said Aiortgagee. :rithout notice or demand. auit at
Lur nr in eouitv. theretofnr+d or thereafter beaun mav be orosecute.i se if all monevs aecured herrbv had matured
prlor to its institutioa
Z. That lq •the event that at the beginning ot or at eny time pending any auit upon thls mortgage. or to
loreclose i~ or to nform it, and/or to enforce payment ot any cla~ma hereunder, esid Mortgsgee shall apply
to the court having Jurisdiction thereot for the appointment ot a Receiver, auch court ahall forthwith appoint
. a Recefver of esid mortgaged property all and singular~ including a11 and aingular the nnts, income. protits.
iasues end tevenuea from whstever aource derived, earh and every ot which, ?t being expsessly understood, Sa
hereby mortgaged a~ it epecifically set forth and descr~ted in the Rnanting and habendum clauses hereof. and
such Receiver ahall have all the broad and etfective functions and pu~~•er~ in anywise entrusted Dy a couct
to s Receiver, and auch appointment shalt be made by auch court as an admitted equfty and s mattet ot ab-
solute right to aafd Mortgagee, and without nterence to the adequacy or inadequacy of the value of the prop-
erty-mosLgagsd-o~-Lu-Llu-solveacy-or -insulvency _of said I?tortgagor _andlor of tha detendaate. and that such
rente, Profita, ineome. iasusa and ro~enues shal! be i~pplied Dy suc!? IteCei~ec AcCO~'ding to th~ lisu aAd/os ~qu1Ly
of said Mostgsgee and the practice ot auch rnur~
~ agreed-thal-this~nortgage-is giverr to- secare;-irr addition -to the-note or obligativn
above descri 1 loans or future advances made w~thin twenty years from date hereof by the
mortgagee to ~aid mortgagors or r in title of said mortgagors ot the property hereby conveyed•
providcd that the total unpaid balance ot the in ured hereby at any one time shall not exceed
the r~aximum principal amount ot _ _ Dollars
(g j. pius inieresE iinereon and any ~i;sui?rr~ri?enis niatie ~,y irie m ti,e },ay-
. , --}tereby; wiNt-itttere~t-on--such-d~ .
IId WTPNE33 WHERDOF~ the said Mortgagor has executed thL~ mortgage under seal on the day and year
herein lirst abova ~rrltten.
3f sealed and dellvered in the preaence o[: '
- l`"1~Lf ~ - _ - - _ _ _ _ _ ' _ - _ _ _ _ - - -
.w.. .w.~-.. _ _ ~ % _ _
~ • C . N. Tilton, Trustee
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~.~'ILTOIV~TRUSTEE . _
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to me !as l~~1~~d lcnowt? to me to t,e the individual.__. described in sad who executed the foregoing inetru-
m~nt, ~'K~18l~~vleQged before me Lhat .__t?e..•. eacecuted the same for the purposea iherein expreesed.
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~ WITNES3 my hand and ofricial aeal thia..-•~1......•---..~.day oC 19
7.s~.
I
S ~ . _
€ _ . '~_.lS!/l~,,,I~
~ Notary Publlc in and for -
~ the County and State Af d.
, My commiesion expires:
~ 3TATE OF ~ate of Florida at Lante
~ : ~u~,;t. g 1974
Co-
~ UNTY OF_._..... . Nota~mm;ss~on EXP~~n~~lnsura~ce
~ _
by 7ra~~~
. tore me personWy appesred.__..-•---•-•°
~
~ aaii - ._.......~_..._._r.... to ms well known and
known to me to be th _......._.•--...._...._.._.._...Presideat w~__..~.~.....___....___.__._._..._......_...___...._.......~_..__ Secntar~
~ respectivelY of the corporatton
~
~ named in the foregoing instrumenf, owa to me to be the peraoni who as euch ofticer~ of said corpon on.
~ executed the same; aad then and thero the ~-..~_--.._..._..._.._.._.._.._.._._..._..__._._......_..._._..._........__...aad the safd
` did acknowledge befors me that sald
~ 1n~Wment f~ the free act and deed of aaid corporation by respectivelq e~cecuted as auch of!lcers for the
; purposes therein eapressed; that the aeal thereunto attached - e corporate seal by them in lilce capsclty af-
A; tixM: all under authority in them duly vested by the Board oi Di rs o! satd corporaUon.
~
a,
„ 19......_
- WTI'NF.38 my hand aad ofdcial eeal thie._._._.___.._..t___..day o..._a~ .
~
~ AND NECGitDEO Notary PubHc in and fd~_
FIlEO the County aad State Ato d.
~ ST.IUCtE C4UTR~S`A ~
r< aOCf R FO l[y cocna?iesion e~cpirea:
. REC~R~ vfa f1E,0 COURT ~
c:
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~ p~ 3~ 2 i3 PN'~3
9 p
~ 262'734
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600K 8 PAGE 5
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