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HomeMy WebLinkAbout0347 8. Thst (s) In the event ot any breact~ ot thi~ mortgage or de[auit on the p~rt ot the ~tortga~or, or Ib? ta the event any oi said aum~ of money here~n ~eferred to be not promptly an~1 fully paid w•~thin ten days next atter the s~me severally become due and payable, without demand ur notice, or ~cl in the e~•ent each and e~~ery the at~pulauons, ag~eemettts, conditions and covenapt9 nf said prom,s~~~iy no±e and this murteube, any or either, are not duly, proinptty and fully pertotme~, discharged, executed, effecteJ, comple~ed, cumplied w•ith and abided by, then, in cither or any such eveiit, tlie sa1~ aggregate sum m~•ntionr.i ~n sz;d F~roin„sory note the~ rema~ning unpaid, with inturest t?ccrued, and sU r.~oneys se~ ~~red h. reby, shall becume due and payable [ortt~a•fih, or there- ' atier, ai ihe option of sald ~~ortga~;ee, as fully and cumpiet~ly as ?f all ut the saui sunis of money ti•ere originally at~pulated to be paiJ on such day, anything in said prou~~ssor?~ note, an~l or in this ~uort~;~ge to the contrary not- w~thstanding; and thereupon or thereafter at the optn~n of sa,d ~lortg:igee, ~~•itliout notice or demand, suit at law or in equity, theretofore, or thereaiter begun, may be prosecuted as ~f all moneys secured hereby had matured prior to its institution. That in the event that at the beginning of or at any time pending at~y suit upon ihi9 mortgage~ or to foreclose i~ or to reform lt, and/or to enforce payment ot any clnlms hereunder, said rlortgagee ahall apply to the court having jurisdiction thereot for the appointment ot a Receiver, such court shail forthwith appoint a Receiver of said mortgaged property all and singiilar, including all and singular the rents, income, profits, issues and revenues from whatever source derived, ea~•h and e~•ei•y ot ~~°hich, it being expressly understood, la herebp mortgaged as it specifically set forth and descnted in the ~rsnGng and habendum clauses hereof. and auch Rece~ver shall have all the broad and effecti~•e fun~ti~ns and pur~ers in xnyti~•ise entrusted by a court ' to a Receiver, and such appointment shall be made by such cuurt as an ad~nitted equity and a matter o[ ab- solute right to sald 11lortgagee, srtd without reference to the adeyuacy or inadequacy of the value of the prop- erty mortgaged or to the solvency or insolvency o[ said atortgaRor and.'or of the defendants, and that auch rents, profits. income, issues and re~•enues shatl be a~~plied by such Ftecei~•er according to the lien and/or equity ot said Mortgagee and the practice of such court. 8. It is understood and agreed that this morlgage 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 ~aid mortgagors or any successu: in title of said mortgagors of the property hereby conve~ed; providecl that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of Dollars (S ptus 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. IN WITNESS WHEREOF. the aaid Mortgagor has executed this mortgage under seal on the day and year herein first above w~ritten. 3~ eale liver in the presence of: _ ? .,L~G'U~i , . , .t u:.c4~.-..... _C._~ f- ' ~ ~ ~-c .I ~ JjL.c E ~v ~L; ' _ . - STATE OF--• , ~ } Y. COUNTY OF_.._..._.....:..:•...._.-•-••--•••----••-- ~ Before me personally appeared ~.:~.:_~.r.::.:.'.:._---.__~.____..~ ^'-,r-..-- _ ~ -a~ ~ to me well kno~vn and kno~vn to me to bS_the.individual=.:. described in and who executed the loregoing inatru- ment, and acknowle3ged before me that :...he.:,. executed the same for the purposes there~n expressed. R'TP:IESS my hand and official aeal thia-•---...._~ ~__..day of.. L!_5~t~-~ _ 19~1~~ , N~~~ : . .=~'LQyk..__~.:... L . NOtery Public in and for i _ . the County sad State Aforest~id.. My commission expirea: ~ " _ ~ . ; 3TATE OF••-•---• NOTARY ~UELIC. State ot Ftorida akjaroe - ! My Comm~ss~~~ Exa.•s July 19. 247T ~ ~t~Y ~F""""""'.__.._...."-••""•""'•"" 86nded bY AU10 OWMEpJ INSURA~MC[. ~ ~ - ~ Betore me personally appeared•-•--•--•--------------•---..._...---••-•---•--------•-------._....___...._._.__.---_.-•-w_.._..._...._....__...._.. - k ~ and to me well known aad ~ known to me to be the .............••_-••-•----•--••--...~.~Preaideat and__.._.._._.._...._._-•---....--•------••-•------------•-•--•--..._.._........ 3ecretar~ s respectively of ..............••---._....-•••---...---••--•--...-•-.••--•----•••-----••---••-••-----.._.~-----.._.._._.r_.-----..._......-----------•-_..__..~ the corporaUon named in the toregoing inatrument, and known to me to be the peraons who ea auch ofIIcers of aalQ c4zporaUon, executed the same; and then and there the said..--•••••...------_••••---•...-----•---•----..._-•---•••---•--•--•-•--...-• .............•-----.aad the sald ~ ~ i ..............._.M._.._._..-----•- ._...._~.___.._::~____~.~__.__d1d scknowledge before me that eaid tnstrument Is the free sct and deed ot said corporation by them nspectively euecuted as auch otflcere for ths purposea therein expressed; that the aeal thereiu?to attached is the corporate aeal by them in like capacity af- fixed: all under authority in them duly veeted by the Board of Directors of sald corporat3on I ` WITNF.S9 my hand and ofricial aeal thie-•-•-•--...---------•---daY oi-•-.._..__._..__..••--•••••---_.......__.........__.., 19___._ s Notary PubDc in and tor FILF~ A~+' r!~.~pRL?ED the County and State Aioreasid. ST. lt•Cci . ~~htl' FtA. lriy comaiisefon e:pires• R6C•; "r. ~ '~AS ' - CIER~ c:, ~1~1' ;~URT j p~r~c~3 ~ :~cry Ocr t~ 3 06 Ph '~"s ~ 2Eiii~~~i - 80~c2~U PAG: 3~ 1