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HomeMy WebLinkAbout2713 d. That (al In the event of any breach ot thia mortgage or default on the pArt ot the Alortgagor, or ID) to the event any o! eaid aums ot money herein reterred to be not promptly and fully pud w~thin ten days next atter the same severally become due and payable, without demand or nutice, or ~c) in the event each and every Uis stipulatlons. sBreementa, condit~ona and rove~Ants ot ss~J prom~sso~ ti• note and th~+ mortgage. any or either, ars not duly, promptly snd tully pertormed, discharged. executed, e[[ected, compteted, complied vvilh and abided by, then, in e~the~ or any such event. the aaiJ aggregate sum m~•ntione.f ~n sa~d prom~ssory note tAen remauung unpa~d, with intvre3t acerue~, and al! moneys ~ecweci h~reby, shail becunu due a~d pa)•able torth~vith, or thera atter, at the opt?on of said ~tortgagee, as tully and cumpletcly vs ii all ot the said suius oi money were originally st~pulated to be pai~ on such ilay, anything in said prociussory note, an~1 or in th~s n~ort~Hge to the cont~ary not- withrtanding; and thereupon or thereatter at the oE?t~~~n ot said ~Iortgagee, ~~•ithout noGce or demand, suit at l~w or in equity, theretofore. or chereatter begun, may be prosecuteJ as it all moneys secured hereby had matured . prior to its inatitution. 7. That ln the e~ent thst st the Deginning ol or at any time pending any suit upon this mortgege. or to torecloae if, or to retorm it, end/or to enforce payment ot any clalnu hereunder, aaid 7?tortgsgee ahall apply to the court having jurisdiction thereot for the appointment oI a Recei'rer, such court shall forthwlth appoint a Receiver of said mortgaged pmpeMy all and singular. including all and singular the renW, income, profits, iasuea and n~enues from what~ver source derived, earh and e~•ery u[ «h~ch, it be~ng expresaly underatood, b hereby mortgaged as ff apecifically set torth and descr,ted in the Rr:,nt~ng and habendum clauses hereof, and suCh Receiver ahall have all the bmad and eUecti~~e tunc[inns and pu~4•er~ in anyv~lse entrusted by a court to a Receiver, and such appointment ~hall be made by auch cuurt a~ ttn sdmitted equity and a matter of ab- solute right to said Mortgagee, end without rcference to the adequacy or inadequacy ot the value oi the prop- etty moMgaged or to the aolvency or insolvency of said riort~aROr and~or ot the defendant~, and that auch rents, pmfits, income, isaues and re~•enues shall be aj~plied by such Recei~•er according Lo the lien and/or equity of said Mortgagee and the practlce oi such court. 8. It is understood and agreed that this mortgage is given to secure, in addition to the note or obligation above described any additional loans or tuture advances made within twenty years trom date hereot by tha mortgagee to said•mortgagors or any successur in title of said mortgagors ot the property hereby conveyed: provided that the totai unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amoun/ of- . ' Dotla~s ~s plus interest therec~n and any disbursements made by the mortgagee for the ~,ay- mrnt of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. IId WTPNE53 WHEREOF, the aald Mortgagor has executed this mo a e und4~ seal on the day and year herein lirat above w?rlttea. ~ / j' gl ae ed and delive the preaence ot: . - ; % ~,~i A - i `~-~v T+..S . r~- B COLIV~AN ~ _ • As to Ben olman and Jane L. / co an v~c~-s~~ , L.s. J L. N sTw~ oF_.... FLORIDA covrrry oF_.._~iAR'~IDT------------------- seton me perso:?auY sp~esre~--•-••-- BEN_.COLb[AN and JANS L. COL~AN1._ his..wife.___._. ..___...__w..__..._......._ . to me well known and kno~vn to me to be the individual S. described in and who executed the toregoing lnatru- ment, atid acknowledged before me that .~he_jl. executed the same for the purposes thereln expr~ssed. i wrrtvESS my nana ~a orn~ia ~a~ cnis-•---...-,~----......___aa r_.._..~.AL?~il is.?4 f ~`'L~~. J~ ~ ~ , - .7~ ~ . otary~~ Public in aad or ~ ' the Couaty and State Afonaaid. ~ / My commiesion expirea: C Q ~ ; . j' / , . C~ • ' :~BT~T~UF'=._ea:. ' NOTAIR rU9l1C. SfA1! ol f[DRIDA N U1RGE • : + ~ ~ SV ~ : ~ • ~ M~ COMMISSION ExPiRES IAN.' 19. 19)5 C~OZ1I~'~: 0~ .............__.__....----------••-•---1 8MWld 8? ~makNti 8anwers InsursM! Co. , , ;~"~~$e~~e mt peraonally appeared.. ._._._...._._.__..._..-•-r-_.___.._...._._..----....__....... . ; , ' • .._.....w LO me WEII 1Q10WD aDd aad...._._ knovrm to me to be the..._.._...._.._. __Preaident and___.._.._.._________._ 3ecretar~ re~pectively of the corporstlon named in the foregoing instrument, ai?d known to me to be the person~ who aa sucb ofiicers of sald corpontion. executed the ~ame; and then and there the said..._...-••---•-•-•--- ............._.._...and the eafd ' ..........~d1d aclctwwledge Deiore me that said instrument ta the tree act nnd deed ot sald corporaUon by them reapecUvelq executed es such oftieere tor ths purpoaea therem expressed; that the eeal thereunto attached is the corporate seal bq them in 1lke capacfty ai- ~ fbced; a11 under authority in them duly vested by the Board o! Directors of satd corporaUoa WiTrTF.39 my hand aad ofAcial ~eal this---------------~_~.....day ot..._...__...._......_---•-._.._..._..~...._.._---•.. 19----- • Notary PaDllc in and for ~~E~oaoEO the Couaty and State Aforesaid- ± F ~Ep ~'K ~~~11TY f~?• Hy eommladoa e~cpina: ~ s~~ aOGEa_ ~p~'t~~OURt CLER ~ K Ep :F IEO ~ ~f~~~ 3 Z3Q~,~a ~ ; p~ a s~225 ~27U? z~s~:t~. ~ ~ . ~ ~ , - - - ~-~a~~ ~ ~ f ` T _ . . _ _ _ ~