HomeMy WebLinkAbout1500 8. That (s) !n the evmt ot sny breach ot thia mortgage o~ detault on the part of the ~IortgHgor, or Ib? tn
the event any of aaid au?na ot money here~n ~efer~ed w be not promptly anJ fully paid within ten days next
after the same ~everally become due and peya~le, v~nthout demand or not~ce, ur ~cl ~n the e~•ent euch and every
the at~pulations, agreements, cond~t~ona and co~•enanta uf s:t?d p~onuti~~,~y n.,te and th~s nu~rtes+be, any or efther,
are not duly, p~omptly and tully performed, d~scharged, executed, eite~teJ, completed, complled M•ith and abided
by. then. in e~ther or any such event, the sa~d aggregate sum m~•nr,one.i in sa~d promissory note then remairung
unpa~d, with inturest accrued, and all money~ se~ured h.•reby. shall becunze due and papable torth~vith, or there-
after, at the option of said 1liortgagee, as [ully and cumpletcly as ~f all ot the sa~d sun~s ot moncy were originally
st~pulated to be paid on auch day, anything in ~ai~1 prou~issory note, an~i or in thi~ rnortgage to the contrary not-
withstanding; and thereupon or thereafter at the opti.~n ot said ~fortgagee, .~~ithout not~ce or demand~ auit at
law or in equity, theretofore. or therea[ter begun. may be prosecuted as if all money9 secured hereby had matured
prior to its institution.
7. That fn the event that at the Deginning ot or at any time pending any suit upon thls mortgage, or to
fonclose it~ or to reform lt. and/or to enforce payment of any claima hereunder, said riortgagee shall apply
to the court having jurisdictton thereof for the appo~ntment ot a Rece~ver, ~uch court ehall forthwith appoint
a Receiver ot said mortgaged property a11 and singular, includ~ng att and aingular the rents, lncome, profita,
lsauea end revenuea trom whatever source derived, ea: h and e~•ei•y of ~vhich, it be~ng expresaly understood, is
hereby mortgaged a~ if ~pecifically set torth and descr~ted in the ~runt~ng and haDendum clauses hereot, and
such Receiver shall have aA the broad and eEtective functi~ns and pu~•:ers in anpv?ise entrusted by a court
to a Receiver, and such appointment shall be made by such cuurt as an admitted equity at?d e matter of ab-
solute right to said Mortgagee, and without re[erence to the adeyuacy or inadequacy of the value of the prop-
erty inortgaged or to the solvency or insolvency ot said 1?iortgagor and!oc of the detendants, and that nuch
rents, pmfita. income, isaues and re~'enuea shal! be applied by such Recei~•er according to the lien and/or equity
of said Mortgagee and the practice of such court.
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a1 W1TNEgg WHEREOF~ the asid Mortgagor has executed thls mortgage under ~eal on the day and year
herein tint above written.
Slgned. aealed and dellvered in the pr nce of: .
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Alicia B. But~er ~
~ FLORIDA -
,
j STATE OF~~~...._.~-
. .~..~y~~ ~
` CpU1~1TY. :.=...e:.
~ JAMES J. BUTLER III and ALICIA B. BUTLER,__~~ ~
~
~ Belore me personally aP ;
• 'S"~t~,f e
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k to Mpwell kno~~ knovvn to me to be the individual_,~ described in and who executed the foregoing inatru-
~ owlfd~ed before me that t-he__y executed the same for the purposes therein expressed.
a
.
~ ~ 74
= - : ~ ~ .'ss. ' hRn " snd ottictal aeal ttua-----16th. ..day or....._ ALr i 1_..__......._.__. ia....._
~ ` ~ ~~iE : ~ ` .~2 L-~~~i~J_ L ~
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Notary Public in and for
n.•..,
~ • the County and State Aforesaid. i
~ f, "r ~
~ bi commission expires: :
~ ' " ~ , : • ~ . ~AR1f PUBLIC. STATE oi FLORIDA at IaR6'E ~
~ ,
~ TE OF-----•••-• MY COMMISSION EXPIRES OCT. 2. 1974
~ Cp OF_......-•-•-------•-•--••----• ss. ~Q 7H~tJ~k! EBEQ Ylf. 41F.SiEi.HO@~L
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Betore rsonally appeared..--•-••-•••-•-•-••---•--•-•-•-•••--._._..~.______. ;
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to me well ]mown and $
~ and ~
~ti
~
•°°-Pceaident and.._ 3ecse ~
~ known to me to be the•••••-•--°
~
e corporsUon
w~.
`a re~pectively oi ~ ~ ~ :
pe
- named in the toregoing inatnunmt, and wn to me to be the person~ ha aa euch ofScers o! aaid co ration.
-_<s
,;y ._and the aafd
eaecuted the same; and then and there the
_~..did uknowiedge before me that sald
,
Wtrument i~ the tree act and deed oi said corporaUon by respective~t~e ~tb ~~e ~~pg~~ty a~f°
purposea therein expressed• that the aesl thereunto attached s corpo
tued; all under authorlty 1n them duly vested by We Board of Di rs o! sald corporaUoa
,=rv~
19..~_
WITNF.S9 my hand and otricial seel thie....•-•-••._~..._.____.daY
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2~~0~.52 ' ,
Notary Pub11c tn or
: FILED RNO RECOftp~ 0 t,he Countq and State d•
A~~^= ST.t,UCtE COUNTY flA.
ROCEA PO~TRAS My cornmi~fon explres:
~~Y'~ CLEaK CI~CUIT CQURt
RECORO VEAsf1ED..~...~
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