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HomeMy WebLinkAbout0360 d, TAat (sl In t1~~ evertt ot any breach ot thls mortgaae or default on the ;?art of the ~Iortg~goc, or Ib1 ta ths eve~t any ot said sums ot muney hsrela ~eferced w be not , ~omptiy anc ~ully pud w~thin ten day~ next ' ~lter th~ same aeve~allj/ Decome due and payable, without demand o~ not~ce, c• cl i~ the evcnt each and every N~ at~pulate~na. sBrcemcnts, cond~t~ons nnd r~~enants ot said proai,s~o~y n~~te ani thie murtKage, a~y or etthet, u~ not duly. p~?mptly snd tully pcrtormed, d~~chwr~,ed, executed, etterteJ, completcd, compl?ed v?ith snd sDlded by, tRen. in e~the~ o~ ~ny such evertl, ~he a~?J n~;gregate sum m.~nt~oned ~n s.1+d prom~ssory note then rcma~n~ng yn~,a.d, w~th intrre~t accrued, and ali moneya ae~ured h.•reby. shall becume due and pa~•Able forthwith, or there- atter, at the optioa ot sa~d Moctgagec. a~ Iully and completely as it all o[ the sa?d sun~s of rnonry v?ere or~g?nally abpuiated to be ps~d on such day, anything in ~a~d pronilssory note, xnd or ie thia nior;guge ;o Li~e cont~ary not- w~thstanding; ~rtd thereupon or thereafter at the opt~.~n ot said Atortgagee, ~vithout not~ce o~ demand. suit it 1aw or in equlty. theretofore. or therea:ter begun. may 6e prosecute.i a~ 1t aU monaya secured hereDy had matured prlor to its ~rstitution. . T. Thst ln the event th~t st the Deg+..:•Ing ot or at uny tlme pendi~g sny suit upen thf~ mortgage. or to torecloss if~ or to taform It, and/or to et+force payment ot sny cls~ma h~reunder, ~sid Dto~tgagee shap apply to the cauct havins ~uriadictlon thercot for the appwntment ot a Rece~ve~, ~uch court shal! torthwith appoint a Recelver ot said mortgaged property all and aingular. including atl and aingular the renW, lncome, protits. fa~uea and revenua trom whatever source derlved, ea~•h and e~ery of wh~ch, it be~ng express:y undee~tood, 1a hereby mortgaged a~ it apecltically set torth and descrited in the grnnting and habendum clauses hereof, and •ucA Receiver shi?ll have all the broed snd et[ective [unct~ons an~f F~u~cer~ in xn}~vise entn~ted by a court to a Receiver, and such ~ppointment shall be made by such court a~ an admitted equlty and a matter ot ab- ~olute right to aald Mottgagee. and wiihout reterence to the adequacy or inedequacy ot the value of the prop- erty mortgsged or to the solvency or ir?~olvency o[ aaid MortRaRo~ andior of the dete~dant3, and that auch rent~, protits. income, is+ues and re~'enues ~haU be a~~plied Dy such Recei~er sccording to the llen and/or equity o! ~aid ~IorcgaBee and the practice ot auch caurt. above descri al loans or future advances made within twenty years trom date hereof by the mortgagee to ~aid mortgagors or ° r in title ot said mortgagors of the property hereby conveyed; providecl that the total unpaid balance of the in ured hereby at any one time shall not exceed the maximum principal amount oi Doiiars ~s plus interest therenn a~d any disbursements made by t e r the {,ay- IN WPTNESS WIiEREOF. the aald Mortgagor haa executed this mortgage under seal on the day and yeu herein fint aDove arltten. gl~nn ed and deUvered in the prcxnce ot: ^ ' - , • ll~ V~' / t~LS'-c"- ~ ~t. (Seal) ~ ~ .___j..__.._ ' ,-r- ~ Ransom R. Til on, Trustee ~~~L E 5`-~-~•----• - FILrU a•? RECOF.OEO ST_I.UC~i. ~OUNTY flA. R.:::_~ ~•::ii~AS I. • CtERt ":~i11T. COURT RfCn4(: r~=•~ ~C~ FLORIDA....._......_...~ ~JIH~! ~ I5 1 M~ 1`i STATE OF--•-••- ~ovrrr~r oF..---..p.~..-B~cx~.--- ? 2f? i~32 ' RANSOM R. TILTON, TRUSTEE, Beton me personally aPPeared•-°-_--.....___._---._.....__._.~----------------°---•--_- . . i - to me v?e11 =:nown end known to me to be the individual.__. described in and vrho executed Ehe foregoing inetru- ment, and acknowledged before me that .._.ha._. executed the same for ihe purposey thereia expres9ed. - ,,µu..•,~._, - ~ ~ ~ • ~ / WTi'NESS my hand and offlcial aeal ttua.•--••---28tY1 .day or..____.. une,~.--•--.' ....~.:~+c~ _ . , ~~L,~~.c~'~L..~~ ~ ~ ; ~i = " ~ Notary Public in and for: - . the County and State At4res11~ . Z-'= ~~7~ i3.b~~~=1975 My commiesion expirea: : ~ . . . - . . . TT OF---•••--• • , ~ . ' ~ s~. CO /J . f F--•-••--------•--------•--._. . . •~'~':r~~-,., Before me onally sgpeared..--••-•-•••---•--•-------••- to ms well laiown aad and....------•-••---.._..--•---....._.-•----•°- . ..._President and___..---__._. ...------••----....--•-------•-•--....._w_...._... Secretar~ known to me W be the..•--••-......__..._.._..._ the corporaUon . __..._..--°_..w....~..__-------•--------- reepectively of - . aamed in the foregoing instrument, and known to me e the personi who as such oitlcen o! aatd corpontlon, - - ..................-----------~------..._------....-------.ae we .~a executed t1~e ~ame: aad then end there the ~a1d•-------••--•-••-_-•••----- - ..did uknowledge before me that safd - " tnstrument 1~ the tree ~ct and deed ot sald corpo: sUon by them respecUvely e ted as aiuch of!lcers for tM urpoaes therein expressed: that the seai thereunia atLsched U ths corporste se W~ ~~e ~PaC1tY ~ [bced; ail under authorlty in them duly vated by the Board of Directors of sald corpora ....day of._....---------•----•--•--°-_._....----- 19..._._ WiTNF.gg my hand aad oitlcial ~sai this-----•~~•------ i- BOOK ~~+a7 PAGE ~6O ~ . - ~ ~ ~ ; ~ ~ _ - . - _ . -