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HomeMy WebLinkAbout1991 d. Tbat (a) ln ths event of any breacA of thi~ mortgage or detault on the part ot the rtortga gg~, or 1b~ in the event sny of uid sums of money heretn re[er~ed to be not pr~mptly and tully pud within IiY days next ~ites ihe aame aeverally become due and payable, vv~thout demand or n~tice, or ~cl in the event each and every the it~pulations, sgreemeata, cond?t?ons and rovenants ot ~a?d prom,saoi y note end this m~~rt~age. any or either. ~ ~re not duly. promptly snd tully pertormed, d~schar~ed, executed, e[fected. completed. complied with and ab~ded by. then. ~n eithe~ or ar?y such event, the ssW aggregate sum m~•nt~one.i ~n sa:d pmm~ssory note then remairung unpa~d, with i~turest accrued, and all money~ secured h.•reby. shall become due and pa)•able forthwith, or there- a[ter, at the option ot said Aiortgagee, as fully and co~npletcly as ~t all ot the said sums ot money were orig~nally atipulsted to be pa~~ on auch Jay, anything ~n sa~d prouussory nnte, an~l•or in this mortgage to the contrary not- with~tsnding: and thereupon or theresfter at the opt~~~n of said Aiortgagee, ~~ithout nouce or demand. auit at 1aw or in equity. thentofore. or thereatter begun. may be prosecuted as ?t all moneya secured hereby had matured pdor W ita insUtution. 7. That in ths event thst at the be8inning ot or at eu~y tlme pending any suit upon this mortgage. or to foreclose i~ or to reform f~ and/or to enforce pnyment ot any clalma hereunder, said 1?iortgagee shall apply to the court having jurisdiction thereot for the appo~ntment of a Rece?ver. auch court ahall forthwith appoint a Recefver of aaid mortgaged property e~ll and aingular. including all and 9ingular the rents. income. pmfits, iaeues and revenues fmm whatever source derived, ea~•h and e~•ei•y of hich, it being expressly understood, la henby mortgaged a~ it apecitically set forth and descrlted in the Rrsnting and habendum clauses hereot. and + such Receiver ahs11 have all the broad and ef[ecti~'e functi~ns and po~~'er~ in anywise entruated by a court to • Receiver. and auch appointment ahail be made Dy auch cuurt a~ an ndmitted equity end a mattes of ab- wlute right to ssid Mortgagee. s:?d vvtthout reterence to the ~deyuacy or inadequacy of the value of the prop- erty mortgaged or to the aolvency or insolvency ot aaid MortRagor and~or ot the defendants. and that such rents~ profits. income, isauea and re~~enues shall be a~~plied by such Receiver according to the lien and/or equlty of said Mortgagee and the practtce ot such caurt. 8. It is understaod and agreed that this mortgage is given to secure, in addition to the note or obligation above described any additional loans or future advances made within twenty years from date hereof by thz mortgagee to said mortgagors or any successor in title of said mortgagors of the property hereby conveyed; provided that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount of D°~~ars ~s plus interest thereon and any disbursements made by the mortgagee for the ~,ay- mrnt of taxe~, levies or insurance on the property encumbered hereby, with interest on such disbursements. ~N q/PrrTEgg WHEREOF. the asld Mortgagor has executed thia mortgage under aeal on the day and year herein fint al~ove rvrittea. gtaned. sealed and delivered in the presence of: ' , ~/1 C' ~'L d~-~~.~ •3 L? - ~:~~Q~ ~t c•~ L . S . _ ..c:~.= r~ . ~ C RLSS M. D V S As to Charles M. Davis and ~ J~% Jeaane L. Davis u~/' L.S. J L. DAVIS s~rw~ oF-------_--FLORI DA ~ - COUNTY OF.._.._..[.'f~- E.~+-uF~ K , , ~ a CHARLSS M. DAVIS .and ..JBANN~ L. DAVIS~_m._..__ ~ i'CBs~on me rsonally PPeand...........__._......_.._......_._.. hiS N Wi f@ ........................r- ! ~ . _ ` ; . ~ • . . _ ~ - . . . . ~-~Q~e:xi~ kisown and kno~an to me to be the individual $ described in and who executed the foregoing tnatru- : t~ ~~~l~owledged before me thst t.he~i_ executed the same for the purposes therein expressed- f . . . ~ • 1C : _ - ~ • ..aay or.-=------....~un~ is... 4 • ~ ' - < ~ ~ - . , ti' . G~7R1'~TFSS my hand and ofttcial aeal ihis... , ~ : ~ - ~ f nV;: _ - r• . _ . . , . . ~ . . ' ~ . `='r~'FF~G~ AL NOTARY SSAL) Notsry PuDBc in and t the County aad Stste onsald. . My commiaaion expirea: ~ 3TAT~ OF.-•--•....----••-••• NO~A11~ R1~L1C s~R~~~~~~ i sa. Mr ~MISSION R f. 's ~ COUNTY OF----------------•---•------..---..---...._ tuNE1tl1l It~1~1lIVU~E ~DE ~ ~ Befors me per~onslly aPPesred••----•--..~ to ms well Imown aad and.._.__._ .__..Preafdent and__._._...._.w....-------_.._._.._......~__..._........_.._..-----_.. Secretar7 known to me to be the-------------__....._._._.__. ~ the corporstlon respectively of named in the foregoing instnuneat, and known to me to be the persons who as auch o!llcen o! said corporatlon. , ....__.....___._......._.._aad the asid eaecuted the aame; and then and there t2?e sai ._.._._did acknowledga before me that safd { r insirument fa the free act and deed ol said corporaUon by them respecttvely executed as auch oMcere for s ~ f~~ under la thorlte y in thua duly vested by the Boardo Director~ oi astd ~~rpobiation ~ in Wce capacity af- . n . .VO 0~....~.»......~.~'.......~..~..........~~.+~...w..~~.~~.~ lY.-..~» ~~5~.~~s `ny n.na ~a orn~~ .aa c~a----------- _.r. r ~ ~ FIlEO AND REGORDEC NotarY P~bifc tn and for ST. LUC~E COUNTT FLA. - the County and State Atoresatd. ROGER ?OITRAS Hy cornml8aton e~cptrea: CLERK CE~CUIT COURt RECORD YERiFIEO~~~ ~ ~U!! Jl IZ 39 P~'7~ ~~~t~ ~ ~ BOOK ~?~A AA{~ ~a~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ri- ~ zti'^ Y - ~ _ ^ ~'~~^~~`y`~s~ ~.,a~~~.~~. `c~.a ''Cr r. . _e