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HomeMy WebLinkAbout0947 d. 17ut (a) In th~ ~veet ot any breach o! thls mortgaae or default on the p~t ot Ne rfortg~gor. or Ib? lA th~ event any ot uid ~urru ot money herein ret~rnd to ba not promptly end tully psld w~thin ten day~ next ' aites th~ saa?e sever~lly become due and payable, without dem~nd or not~ce, or ~cl in the event each ~nd every Y th~ ~t~pulaUons. aSreements. conditions and ~~ovenants of said p~om~sso~y note and th1~ mortgage. any or efther. ar~ not duly, promptly and tully pertormed. dl~chs~ged. executed, e([ected. completed, complied with and abided ~ by. then, in eithe~ or nny sucA event. the aaid aggr.;gate sum mrnt~oned ~n sa~d pram~ssory note the~ remaining unpud, with intrre3t accrued, and all moneys secured h~reby, shaU become due and payable forthwith, or there- ~tter, at the option ot aaid Mortgagee, w tully and completciy as i[ all ot the sa~d sum~ oi money were ortginally stipulated to be paid on auch day, anything in aatd promisaory note, an~i-or in thia mortgage to the contruy not- withstanding• ~nd thereupon or thereatter nt the option of satd 1?Iortgagee, ~~•ithout nouce or demand~ suit st 1~w or in eqWty, tharetofora, or thereafter Degun. may be prosecuted ae i[ all moaeys secured heceby had matured pdor Lo its institutiotL 7. That in the evesit that at the Deginnlna ot or at any tlme pending any auit upon thls mottgags. or to lorecloss i~ or to retorm it, and/or to enforce payment oi any cla,ma hereunder. aaid Mortgagee ahall apply to ths court havin6 iuriadiction thereof for the appointment ot s Rece~ve~, nuch court shall fosthwiW appoii?t a Recelver ot said mortgaged property all and aingvlar. fnclud(ng all and singular the rents. income. profita. fa~uq and sevenues tmm whatever wurce derived, each and every ot which, it be~ng expnssly undetatood. fi hereby mortgaged as if specificslly set forth and deacrited in the Rranting and habendum clausea hereof. and such Receiver shell- have all the broad and ettective tunctions and pu«•era i~ anywise entcusted by a eourt • to a Raceiver, and auch sppointment ahall be made by auch court as an admitted equfty aad a mattes of ab- ~olute right to aeld Mort~agee, and without reterence to the adequacy or inadcquacy o! the value o! the prop- erRy mort~aged or to the aolvertcy or insolvency ot said Mortgagor andior of the defendants, and that auch twfb„ profits. income, iasues and re~•enues shall be applied by such Receiver according Lo the llan and/or eqWty ot ~aid f[ortgsgee ~wd the practice ot such court. above described any additional loans or future advances made within twenty years fro y the mortgagee to said mortgagors or any successor in title ot said mort a perty hereby conveyed; provided that the total unpaid balance oi the inde ereby at any o~e time shall not exceed the maximum principal amo - Dollars , p us interest thereon and any disbur~ments made 6y the mortgagee for the pay- II~ q/lTNE.Sg WHERFOF. tt~s sald Mortgagor hsa executed thls mortgaga under seal on the day a,~a y~ herein fir~t above ~vrlttea 91~ued, sealed and deHvend in the prenence ot: ~ ~ . ~ ~ ~ Michael Jo eph Grella G - Loretta. Grella - . ~„~~~~~u:~ ~ ~ s•r~~i1.8~ _ ~ . (~Oj~T~' F ~ 0 • ~j ~ - : . . ~ ~ ' MICHL~EL JOSEPH GRELL d . _ .._~.C2~ET~'.A ` • H~oe. p~.o~ur •rM+~'~-----~.........._._....._...._..._._._ - I f,.:....~'+.~. ` ~_.~C.. _:~-~--•»---......~'.~.k~~,i,~.,.._ll].S. .VY].fa • ~ ~ tp~ me K,~{j v~i~Tf~kno~~~n to me to 1se the individual___. described in and who executed the foregoing inetru- ~ l '•~~,.~.y ~'~~il~ed betore me that ....he_... exeruted the samc for the purposea therein ezpreased. -,srle~.F n Q - / LQ ifl~ ' ~ 1~ 74 ~ ~ . . , . `~{~f~~,g3 my hand and offlctal seal U?it.__ 1 ,._...day ot..._.. ~j'~~. ~ _ ~1~.?. a-'..~.'L.G._ Notsry Publlc in aad f the County and Stste ores d. _ My commfesion expirea: ~ ST,?'l~ ~F ~S ~ UNTY OF e me peraonally appeand........-•----------•••-•--.._......__._._......_._..._.._....------........._.._.._......~.~....~.._.....__..~.........~ aad.._ .._._......_._._._._~..........._...r......_.._... .._.r.....M.. W ms wsli lwown aad ~ ~ i ~ knowu to me W bs the.._.••--•- ._.......Prestdent aad.._..._..._....._.....~.._._.»......_...._...._..---.._....._......_... Secretar~ ' ~ reapectively of ................_.~._.._..._.~.~._..r_..._......_......__.__ tbe corporaUoa . named in the tongoing instrumeat, and kno me to be ths perwn~ who y euch otticers of aald corpontion. - executed the same; and then aad there ths ~afd .___.__....._.._...._..__...._..__._..__...._..__..._......_........._.aa0 the MiA ~ dfd aclciwp?ledae befor~ me that sald ....._..._.._.........._.~._..r.... - ~ instrument 1s the free ~?ct and deed ot said corporatlon by tt~em re~ iq e~cecuted aa auch ohlcers for tt~ ~ purpose~ therein expreased: that the seal thereunto attached ii the carpo seal by Wem in like capaclty af- tiued; all under authorfty 1n them duly ve~ted by the Bosrd of Directors o! saf rs oa. ~ ~ ..d~ of...__........._ ]9......_ ~ Wl'PN~S9 my hand aad oftlcial ~eal t2~ia.--...---...__....._... y • ~ ~..1..«........~.~..».~....~~...»..~.....~..w.~~»~~...'.~... Notary Publlc tn and for F{LED An0 HECOROE~ ST.LUCIE COUNTY flA. ~[y commir~ion euptra: ~ ROGER Fl~'RAS CIERK Lt;+CUt7 COURT J?)C ~ 4FCOP,^ v~pt~1E~~_~~~iL .i~r 6 I sc PH'Z?I E' _t ~ ~ ~ ~ ;~~3389'7 ~ : _ - _ x - ' -~i' _ . __....,._._..~e.. _ ~ < _r._ .