HomeMy WebLinkAbout0412 G. 'th:~t (a) iu the c~•cnt of any L~eail~ oi thi. mortRa~e or drtault oo the part o[ thr ~Iur~gaRur. or (t,) in ~he c~•ent anr
o( said sums at money he~ein rc(er~ec! tn bc not pn~mptlY and (ully paid w•ithin30,,.da)s ae~t attc~ thr wm~ ~evcrally L~
c~me duc and payablc. Ni~hout demaad or nocice, or (c) in thc ~~~ent each :~ud every thc ctipulationc. aKra•mc~~t~, couditioos
and covenanu of ssid promi~wry note and this mo~tRage, any or either, are not duh•, pr~~mp~ly and (uliy Ex?[ormcd, dis-
cl~u~cd, ~%KIIIMI, etfecced, completcd, compliat with and abidtYi by, tl~cn. in eithr~ or any cuch even~. the .aid ap~re~ate
sum mentioned i~ sa~d promicsory note then remaini~~R unpaid. Miih intereat acau~Yt, an~1 atl mot~t~y ~tcu~rd hrreby, .hall
tkYOmc dur and pa~able (orthMith. or ~herea(ter. at the option o( .ai~f \tonga~ee, as full and completclv ac i[ all ot the
said wms oE money ~rere originally stipulated to be paid on wch dar. anything in said promis~ory ~sote, and /ot in this mort-
RaRe to the contrary• notwithstandinA; aud ther~u~,on or thercattcr at ~he opti~e~ of ti~id \IoriKaRcc, wi~haut n~.tice or de-
mand, suit at law or in equity. the~eto(o~e, or therea(ter begun, may be procecuteit as if :?11 moneys securcri I~e~ehy had
matu~cd prior to its institution. ?
7. That in tht event ehat at the brRiuning o[ or at a~;7 time pendinK any suit upon thic murt~;a~e, or t~ foreclose it. ~~r '
to re(orm it, and/or to eniorce payment o[ any daims hereunder. said \Ion~aKee shall appl~• to ~he cuur~ ha.inR juriuiic~ion ~
thermf tor the appoiniment o( a Receiver, such murt ~hall {otthwith appoiut a Receiver o! .aici mortRa~~~l pmperty aU and
siogular, includin~ all and sinp,ular the rentc, income, pro(its, i~sue~ and rt~•enuec (rom whate~er y~urce derived, each and ~
e~ery o[ Mhich, it beinR exprealy undentcxxl, :s hereby mortRaxecl as if s~xci(icaUy set tnrth and eteuYii?eet in the ~nting ~
and hahendu::. dauses hereot, am1 suth Recti~•~r sl~ail ha~•e all the brwd and e(fccti~•e func~iou, and powerx in anywise ~
entructed by a cou~t to a Rrcei~•er, and such appoiutme~u shall be made b~• +uch ceurt :~c an admittc~l ~~~uity and a mat[er oE ;
absnlutt ri~ht to said ~(ortgaRee, and without reference to tht :?dequacy or inaeter~uac~• of the ~~alue of the nrnpen ~ mort- ~
~~~Y1 or to the wh•ency or iny~henc~ ~~t caid ~(ort~a~;or and!or of i!~e defrud:~~~~c, a~~d tl~:~t .uih reut~. ~,r~(6;c, inrnn~r, i,• ~
sues and revenues shall be applied by- ~uch Recei~~er accorclinR to the lien and;or equitv ~t said ~1ort~aKee aud ~I~e pr~ttice
o[ suth court. ~ i
It is undento«i and agrccyl that thix mortqaKe is Ri~•en tu KYU~e, in addition to tl~~• uotr or obliRation abov ;
scribecl anp • loans or (uture advanccs made within tNenty }•ears trom date hereof by ~he mnr•h:,~^~ :c mortga- ~
gors o~ any successor in u ' mon~,ay;on oE the propert~ hereb~• conve~•c~t; pro~•' ~e to~al unpaid balance ot ~
the indcbtedness securrd hereby at an) onc um t c aximum principaf anww~t of A
:
. . _ _ . _ Ibllaa (S ) . plus interest thereon and any i
disbunemcnts mortgay,ee (or the pa~•ment oE taxcs. Ie~•ies or insuran ropcn~• encumberecl hereby.
c on such disbursements.
IN ~~'ITNESS N'HEREOF, the said \tortqa~or has executect this mortqage under seal on the day and year herein (irsc
abo~`e written. -
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Signed, s~fed and deii~•ered in thc presence of: t
~ ~
, ~
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- - . - - - _ _ .
W. R. Laughon, as Trustee
~
' sra-rE oF ------FLORIDA - - 3
1,. - ~s~
~ COU \TY OF ~R~N" _ ~.l,~G ~ _ _
~ Be[ore me personally appeared _ ~.._R. LI~UGHON~ dS .TY'USt@e _ - - ;
~ ~
i - - - - - _ - - - - - - - - - ~
i to me rrcll know and known co me to be the indieidual describeci in and who e~ecutrd th~ foregoiuR instroment, aud =
~ acknowledged before me tt~~a: .e ~zecuted the same for [he purposes therein erpresscl. ~
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~VITtiESS mv tund a~:d official seal this .~.I.__ da~ oE _ _ _ . -A St- - • - • 19 7-4
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•.rr;
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~ . :.z ;,:~DEO L ~~J -'-~~7 u.---
f7l : ; .,;pj'• rt~- ~otan Yublic in and for : ' j
G-
Sj' ~L . yQ~Pj el~e (:ount~• and Scace A( resaid. ~ ` : =
~G,
~ . .
~I c mission ex i ss: ~ ; r: ~
G` ' : ~ yw~~lf PUBLIC. ~T~ of FIORIDiII ~ lll~~ ~ ' -
"r,~ ~ . s Nx OOMMISSIO~ EXPIBES J14N. ~ ' _
. V ^~Y
SI'~TE OF ~ ~g ~ `1 ~ ' ~`ti -
- _ - - .
.A~c_ L2-- ~ - ~4 ~ - _ y
cour*~rsr oF - - - ~~p~p • ' '
- - (1
i~~ ~ ~
Refore me personally appeared - - ' ".,J/Ij;IjLI €'•~L,,`~~~a
o me well k
_ - • ~ nown ~n
and . . - - - - - - - -
known to me to be the - - . Presidenc and - - - . _ _ Secrctary
respecti~ely ot - - - - - - - - - - _ - - - . the rnrporation ~
~ named in the [oregoing instrumene, and known to m.: eo be [he penons who as such officers o( said cor~~oration. executed ~
the same: and thcn and chere che said - - - • - _ and tl~~ said
di1 acknowlodge b~fore me chat said
instrument is th~ free act and detd of said corpotation by them rtspecti~-ely executed as such of[icers for the purposes thert-
in expressed; that the sta) thereunto attached is the wrporate seal b} them in like capacit} a[(ixed; all under authoritc in -
chem dulr vesied by the Board of Gireccon of said c~rponcion.
WIT!~ESS mv hand and of[icial seal this day of - - _ - - - - - . 19 ~
- - _ - - - -
1~otary Public in and for
the Countr and Sate Aforesaid. _
My commission rxpims:
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~~~~~3i w,~f 4~.? ;
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