HomeMy WebLinkAbout1325 6. 'I'Aat (a1 in the event ot any brcach ot thi~ mottgage or default on the part ot the AfortgRgor, or lb~ tn
the event any ot eaid auma uf money here~n ~e[e~red to be not promptly and lully paid within ten days next
•iter the same ~everslly Decome due and payable, without demand or not,ce, or ~c) ~n the e~•ent each and every
the atipulat~ons, agreements, conditiona and covenanta of s:??d prom~sso~ y n~te and thls murteage, any or either,
ue aot duly. pmmptly and tu11y pertormed, d~scAarged, executed, ettecteJ. completed, compUed with and ab~ded
bv. then, ?n e~ther or any such event, the said aggregate sum m~~nt~oned ~n s:ud promissory note then rema~rung
unpa~d, with intereat accrued, and aU moneye secw~ed h.•reby, shall become due and pdyable forthwith, or there-
aiter, at the opt~on at ssid 111ortgagee, as tully and completcly as it all ot the said ~ums of money were originally
st~pulated to be paid on such day, anything in sa~d prom~ssory nnte, and or in this mortgage to the contrary not-
withstanding: and thereupon or thereafter at the option o[ said Dlortgagee. ~~•ithout noUce or demand. autt at
Lw or ia equlty. theretofore. or thereatter begun. may be p~osecuted a9 it all moneys secured hereby had mstused
prior to ita insUtutioa
7. That In the event that at the beginning ot or at any time pending any suit upon thts mortgage. or to ~
foreclox t~ or to reform 1~ and; or to enforce payment ot any clalms hereunder, aaid I?iortgagee shall spply
to Ne court having jurisdicUon thereof for the appointment ot a l2ecefver. auch court shall forthwith appoint
a Receiver ot said mortgaged property sll and singular. including ail and singular the rents. income, profita.
issues and revenues ETOm whstever source derived, each and e~~ery ot ~vhich. it being expressly underotood. L
bereby mortgaged aa if apecitically set forth and descrl~ed in the Rranting and habendum clauses hereof, and
such Receiver ahall have all the broad and etfective tuncti~ns and pu~cero in anyv?ise entru~ted by a court
to a Receiver. u?d auch appoiatment shall be made by auch court as an admitted equity and a matter of ab-
solute right to aald Mortgagee~ and without reterence to the adequacy or inadequacy ot the value of the prop-
erty mortgaged or to the aolvency or insolvency of eaid Aiort~ago~ and ior of the detendants, and that auch
renL. prorits. Income, isaues and re~'enues ahall be a~>plied by such Receleer sccording to the lien aad/or equity
o? aaid ~[ortgagee snd the practice ot auch courG '
. ~a~f or~"t-aaTror~'r
~a~it~c-^~~*a-
t.f1L TM.._.~r.~~~m rL~ ~ ~~~^S'i"~~-.L~.TT.~L~S~+.~S~'i.~ _ _ ~~~--~fr~~t
~ . _ _-~~p~~
a~las ~ ~~SHt~F~~l~
II~T WPPNES3 WHEREOF. the aaid Mortg~gor has executed Ws mortgage under aeal on the day and year
berein first above ~rrittea.
3ianed. sealed and deHvered in the presence
, / ~r~ ~ .
~
~ harles W. Bowr ng III
G ;
' - ,
J ie W. Bowrin
srw~ oF..__FLORIDA
cotr.v~r oF. PALM ~
B~AC ti_......_._
;-;~:L~. . ,
Refora me personallY aPP~and--..Cr.~3r.~~~I~L~...&~~.ing._~Ii_and__J.ul.ie_.~,C.....B4~g:;
his wife, - - : - 3
__.._..__.M. - - fl~„`
Lo me well known and kno~m to me to t~ the individual__S de~cribed in and who executed the foregoin$~
I.. - rf•
meat, and acknov~ledged before me that .__.hey_ executed the same for the purposey thereia expressec~ _
~ WITNESS my hand and offlcial eeal thia~._...---+?..~..___.dey oi..!~~~~'~=...._.....--.._... ....'..1@~~:».'1:'
~ . -
E / lR~~ ~ . . '
~ Notary PubIIc in and !or
~ the Coanty and State Aforesafd.
My commiesion expirea:
~ TL OF....•-----..._..----•---••------•----•-•---• Ne~ery ?rbi~. i~w~ ei fter:do ei taep~
W
E My C•nuniasion Eapi~•s Jw+. 21, 1977
` CO F.------•-....--•----•--•-----__._. _
~ Nnd~d by Am~rlca~ F'u~ i Casvolq Ca
Before rsonallY aPPeat'ed---•-----...-•-••-•--------•-•......_..._.___.._......___..._._._...__..._.»_...._..~ .r...._._._
5
~ w ms well knman aad
~ and.___._...-•--°-------•----
~
~ known tfl me to be the._......._--- ---._..---_.___._Preeident and__...__.._.____.__.__..__...._....--_-..-•--_.._._.._...~_._.__ Secretar~
~ respectively oi the corporaUon
~
named in the foregoing inetn~ment, end kna to me to be ihe peraon~ who as auch o!licers ot said corporatioa.
~ ..and the sald
eaccuted the ~ame; and then and there the eaid-•--•-
~
----•-------------._.--------..-~._..._..w_. .-_d!d acknowledge before me that said
instrument ia the free act and deed of said corporatlon by them pectlve~t ~tb ~~e~~p~~ty ~
purposes therefn eapresaed• that the seal thereunto attached is rpu
° tnced: sil under authority tn then? dnly veated by the Board of Directo f said corporaUon.
~
WITNES8 my hand and ofAciai seal this.....---....~._._._.__day oi...___.. 1..~~
- -
~ F~~fp ~N, RECOROED Q Notary Publlc in and for
s~.IUCIE COUNtY FLA. ` the Cauaty end Stste Ato
ROCEn PO~~RAS Hy commlasion e~cpins: ;
CIERK CtRCWt COURt ~
RECORD VERIi1E0 '
2 ~i PM'1'~ #
~t19 op `
- ~~226 ~1324
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