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HomeMy WebLinkAbout1077 d. Ttut (a) In the event ot any breach ot thia mortgage or detault on the part ot the rlo~tgAgor, or Ib? tA the event any of ssid suma of money he~ein re[erred to be not promptly an~ tully pa~d w~thin days next after the same severally beCome due end payable, without demand or not~ce, or ~c~ in the e~•ent eac and every the at~pulations. sgreemertts, conditwns and covenancs ot slid prom~ss~uy nute and this murteage, any or either, are not duly, promptly and [ully perlo~med, d~schar~ed, executed, ~ ef[ecleJ, completed, complied w~th nnd abided by. then. in cKhe~ or any such event. the aaW aggregate sum m~•ntinne,i an sa:d p~omissory note then remauung unpa~d, with int«ea[ accrued, and all moneys se. ured h~ reby, shull becume due and payable forthwith, or there- afte~, at the option ot said ~tortgagee, a~ tully a~id cumpletcly as ?f all ot the aaid sun~s of money w•ere ortgmally atipulated to be pa~~ o~ auch day, anything in ~a~d pror~ussory note, and or ~n Lhis niortgage to the contrary not- w~thstanding; and thereupon or the~esfter at the opta~n ot sa~d ~Iortgagee, ~~-ithout nouce or demsnd. auit at law or in equlty. theretofore. or Lherea[ter begun. may ba p~osecuted as ?t all moneys secuced heteD~r had matured ; prior W its inatitutlon. ~ That in the event that st ths Deginning of or at any tlme pending any sult upon this mortgage. or to ~ foreclwe il. or to nform it. and/or to enforce payment ot eny cla?ms hereunder, ~sid 1?iortgagee shall apply ~ to the court having jurisdiction thereot for the appointment o[ a Receiver. auch court shall forthwith appoint ~ a Recelver ot aaid mortgaged pmperty a11 and aingular. including all and e~ngulnr the renW. income, profita. lssuea 1?nd revenuea from whatever source deri~~ed, ea~•h and e~•ery ot ~~hich, it being expres9ly underatood. ii ~ hereby mortgaged as if apecifically set forth and descrited in the Rranting and habendum clauses hereof, and such Receiver shall have all the broad and et[ecteve tu~cti~ns an~i Nt,~:•era in an~~vise ent~ted by a court i to a Receiver. and such appointment shall be made by such cuurt as an admitted equlty and a matter ot ab- ' solute right to said Mortgagee. and without reference to the adequacy or inadequscy of the value of the prop- ~ erty mortgaged or to the solvency or insolvency ot said :1SortRaRor and~or of the defendants, and that such ~ rents. ptofits, income, issuea and re~'enues ahall be a~~plied by such Recei~•er according to the lien and/or equity o! said Mortgsgee and the practice of such court. 8. It is understood and agreed that this mortgage is given to secure, in additiun to the note or obligation ~ above described any additional loans or future advances made within twenty years from date hereof by the mortgagee to ~aid mortgagors or any s~tccessor in title of said mortgagors of the property hereby conveyed; provlded that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of Dollars plus interest thereon and any disbursements made by the mortgagee for the pay- ment of taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. II~ W31NEgg WHEREOF. the sald Mortgagor has executed this mortgage under seal on the day snd year herein lirst above ~?rittea 8i ed. se ed and v in t presence ot: _ ' c L.S. _ ~ ~ . Wil i Mc i ams aL' .i'~~L~..~~,,~.~~~f1.~-----.... ~~to William Mct~illiams and < < $dythe McWilliams ~ ~ ~ t°~ L. S. ~ • E yi~ e McW iams ~ ~ ~ s~rw~ oF. I?~,.OB?IAA......_.____... ~ : ~ t covrrrY oF__..._..~AKTIid---------------~ . ; ~ ~ Beton me personauY apPeared...--~ILLIAM McWILLIAMS aud TDYTAE MeWILLIAMS.~_..__._ : .._._..._.w__.._.__.._.._._.._...._ .............._..--•------._...__._..__his__wi fe---»_....._ w_._....___..........~.....___~._....___.--- ~ ' ~ j to me v~eli known and kno~vn to me to be~he individualS_ described in and who executed the foregoing in~t~v-~ ' j ment, and acknowledged before me that .heX. executed the same for the purposes therein expr~ssed. , : i ~ ~ ~ ! WITNES3 my hand and offtcial aeal this__......-.l.yrr.------..--.dsy of__.....__.~ --~1~~-- ~ 18 7~ t -r` ' ~ ~ tf ~ ~ _L.~ . ~ j - r -r - xo Public in ana tor = i: G~ JV' = the Count and State Aforesatd. ' My commiasion expirea: ~ , ~ ; ~ , . . . STA'I'~ OF._......-•--•--.......-°----•••--•-°-•--•-•-'-~ '.i i ~r/ ~ . . . . . . : ~ ~~r:~sr~; - _ ' ' ~ ~ • ~ s~. • . . : ~ I. I~TS ~ 3 COUNTY OF • 1^,f Before me personallY aPPeared.----•--......_.. ....__._-_..-------_...----.........._.._..---__.._._._.~:.L.-.-~~._........._--- W ms well known aad and...._.....-••• ................_._...._..._.____----•-------......_....__.r......_. --•--.President and_......__..__...__.____.._..._._----•----..--••-.._..._...__._......_._ 3ecntar~/ known to me W be Lhe.........___.._..._.._---..._. the rnrporaUon reapectively of - - narncd in the toregotng inetnune.n~ and known to me to be the persons Who aa such oitlcen of said corporatton. -------------____......_-------_----.....--•-..._.._...aad the said executed the ~ame; aad then and there the safd ~ • .M.r._ ..-..did ackiwwledge before me that eafd ~3 ~ inatrument is the tree act and deed of said corporaUon by them respectlvely eaecuted as sucli uMcers for s ~ purposes therein expressed• that the eeal thereunto attached fs the corpor'ate seal bq Wem tn 1?1ce caPscity ai- ~ fixed: all under aathority in them duly vested by the Board of Directors ot satd corporaUoa W1TN8'88 my hand aad oitlcial seal thia..-•------..~..-_._.._daY ot--._._._.___._....~.....__.__.....~...._.._..._... 19.._.~ : ~ ~ 3 2g~g~9 Nctary PubHc tn and for fILED AMQ ~ECORDED the Couaty and 3tate Atoresaid. ~ ~ ST. lUCic COUNTY FLA. I~dy commis~foa ezpires: ROC~Fc ?~~1RAS CIERK C~nCW i COURT RECORp Y_~:F!Fr,.,.,_~ " ,~i 1 10 4~ AH'~~I ~ ~ t' ,L ~ ~~O p~~" ' ~ ~ V/~ _ . . r+ ~,s~ ~cL~'¢'; ; _ ~ ~ . ta ~+'4~-.2"' 2"rc'~T.`a~> ~ ~ g z- _ : .