HomeMy WebLinkAbout1187 6. TAat ln the event ot any Dreach ot thia m~rtgage or detautt on the part of the 1?Iortgap o~~~~~ 1n
the eveat any ot said aums ot money herein reterreii to be not promptly and tully p~d within i~e~ days nexl
atter the same severslly become due and payable, without demand o~ not?ce, or ~c) in the ev~nt each and every
the supulatrons, agreements, cond~t~ona and ro~•enanta af said promis~o+y noie and thi9 mortgage. any or either.
are aot duly. promptly and [ully pectormed, d~scharged, executed, ef(ected, completed, complied with and abided
by. then. in c~the~ or ~ny such cve~t. qu sa~J aggregate sum m~ nt~oned ~n sa~d prom,ssory note then rema~ning
unpa~d, with interest accrued, and all a~oney~ securesf hcreby, ahall become due' and payable forthwith, or thero-
atter, at the option ot said Mortgagee, a~ tully and cumpletely as it ali o[ the said sums of money were orig~nally
st~pulated to be paid on such day, anythi~g in aaid promisso~y nole, and ~ or in thi~ niortgage to the contruy not-
~„a .w...~~.,nn or thereatter at the optiun ot said Atortsagee, ~~•ithout notice or demand. auit at
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1LW O~ in equlty~ ~IETC~Of01'e~ or thereafter begun. may ne prosecu~ed uy ii ai'l ui~i~cjo bi:~.:::::c~. 4:.~"~r
prlor to its institutioa
T. That in the event that at the beginning ot or at ewy time pending a,~y $~ic upon thls mortgage~ or to
foreclose 1~ or W retorm lt, and/or to entorce payment ot sny claims hereunder, said Mortgagee shW app:y
to the court having juriadiction thereof for the appuintment ot a Receiver. such court ahall forthwith appoint
a Receiver ot aaid mortgaged propetty all and aingular. including all and aingular the tenta, income, profits.
lssues and revenue~ Lrom whatever aource derived, each and e~ery ot which. it being expresaly underatood, b
hereby mortgaged aa i! specitically set forth and descnbed in the Rr:?nting and habendum clai~ses hereof, and
aucA Receiver ahsll have all the broad and ettective functions and po«e~~ in anywise entrusted by a court
to a Receiver, and auch appointment ahail be made by auch court as an admitted equity ~nd a mstter of ab-
solute right to aaid Mortgagee, and without reterence to the adequacy or ina~equacy ot the value of the ptop-
erty mortgaged or to the solvency or insolvency ot said Mort~agor and/or of the detendanta, and that such
rents. prnfiW. income, issuee and rereaues shall be applied by auch Receiver according to the liep and/or equlty
~f aaid Mortgagee and the practice ot_such court. _
8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation
above describeti any additional loans or tuture advances made withi~ twenty years from date hereoi by the
mortgagee to ~a~d mortgagors or any successor in title of said mortgagors of the property hereby conveyed;
provided that the tota! unpaid balance ot the indebtedness secured hereby at an one time shall noi exceed
• ~ ~ TN[1ii~A n
thq maximurr~ principai amount or-i3~E ~~Lav'^,~'l3...',~ ~ IFTY ~I_ _ NU ~O/ 100--- Doitars
(s150, 000. UU plus interest lhereon and any disbursements made by the mortgagee for the {,ay-
mrnt o[ taxes, levies or insurance on the property encumbered hereby, with interest on such dtsbursements.
IN WTPNESS WHEREOF, the aaid Mortgagor has ex ed thls ortgag der seal on cn~ aar .na ye.r
herein first aDove wrritten. " ,
Sf~ned. aealed and delivered in the presence ot: ~ / / (SEAL)
- N . SUTHE ND
- , c~s..lLQ~. ~ . . ~ (SEAL) .
~o, ` ~ h R ELL~ E. SUTHERLAND
_...L.Gi.~_!`~:...--~---.._~kr~..__ • I -
As to Mr Mrs . Sutherland ~ (SEAL}
and Mr . S~ ~Mrs . Dahlstrom ; J RO i
~ . (SEAL)
~ _ ANNA DAH STR011i
As to Laura B. Hancock '(SEAL)
.
STATE OF.._....E.Z.Or].~c~ -LAU B. HAN OCK
Indian River.~"
' COUNTY OF_......_••••......----•--..
~ ~=o~ me z.,o„~u , John H. Sutherland and Mardelle E. Su~herland his
M Y PPeand----•--..__...__.__._.._.........._.___.......__..~_.___.__._....._..._._.....».._.___.._..~...._......
I
! Wife; and Jonnie Dahlstrom and Anna Dahlstrom, his wife -
i ` ~......~......._r....»...
~ t kaown and knotivn io me to Ae the individual_~ described in and who eacecuted the foregoiag lnstru-
t'`~~~` aaknowledged before me that .thG3T. executed the same for the purposes therein expressed.
•y ' -~n} ~ ~ y .
; ~ llth October 19.73
: ~ ~ ~f/I1NES3 my hand and otflcial aeal this...-°-•---- • --.day of._ .
- ~p REC~~~~
~ ~ >0 ! ~ ~ c"''' ~~uCtE C4UN ~ .
' ROOER~t01~RJ~:_ T ~ ._~-~.~..~R _
C~ERK CI CUIT o0u~ Notary PubHc 1~ aad for
; , A•U;~L~G. f1EC4R~ VEi1~F~f0 cn~ couaty aaa sat~ uore~a.
, . :~r; v
~ ~ ~ My commission expires:
; ~ ~ F Q~~~,~,_._...--- ~ i i ~ ~'~3
{ .
' ' NOTARY pUgLIC STJ?TE OF F~UftiuA AT U1A~.+
~ QUUPTY O
• ~ 2~g5~~1 r COMMlSSIOM E7(PIRES !UN• ~ iy~
1 AENERAL INSURANCE UNDERINRITERS
Ir N~"
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i Before rrie personally appeared LAURA B. HANCOCK , a single person ,
; ~
; to me well known and known to me to be the individuel described in and who
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~ executed the foregoing instrument, and acknowledged before me that she executed
s • -
~ the sar:~e for the purposes therein expressed .
' WITNESS my hand and official seal this ~day of ~,p,~ , 1973. ;
~S -~X~ ~
' Notary Public in and for the County and State
• • aforesaid. My commission expires:
~
' l~ol~ey hiCK, St~e d Fiorii~ at Lr~~
_ (Notary SeB~~ , . . ~ 23, 1976
- : c wrw ~r w. ~ c...w ~r,r
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sQ~x?~~ oarfi~87
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