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HomeMy WebLinkAbout0732 6. 'I7~at (a) In th~ ~veat of any br~ach ot th~s mo~t~a~~ or dcfault on the part ot the Atartsa~~r: or 101 1a tM event any of uid ~ums ot money h~ran rel~~~ed co be not promptly and l~~lly pud w~chin ten day~ neat atter the ume aeve~~lly become due and payable, v~nthout demand or not,cc, ur ~c~ ~n the e~•ent each artd ev~~y th~ ~t~pul~t~oru. a~reemenb, cond~t~on• and rovenaob ot atid p~om~sso~y n~te and tA~s mnrc~a~e, a~y ar eltt~er, • ~r~ not duly, promplly and [u11y pcrlormed, d~schargcd, executed, etfecteJ, completed, complud with and ibide4 • Dy, then. i~ eithet or any such event. the sa~d aggregate sum mcntione~i ?n sa~d promissory note thee reniauur?s unpaid, with ~ntr~eit eccrued, and all money~ sec~~red h.reDy, shall becume due and pa~•able torthwtith, or thera alter, at the op[ion ot said \tortgagee, u tully and cnmpletcly ss i( all of the said aums ot money were ori~~nalty ~Upulated to be pa~d on auch day, a~ythln~ in aa~d prona~sorp-nete, a,n,f or in th~a mortgaee to th~ contrary not• witlutandins; and thereupon or theteatter at the o{~t~~~n ot sa~d 1?Iortgagee, ~cithout nobce or demand. ~ult ai law or ~n equlty, th~reWtor~, or thereatter be~un, may be prosecuted aa ~t a11 moneys aecured hereby had maturb prior W it~ in~tltution 7. Thst 4n the event t~et et the Qegf~ias o! or at a.zy tt~e Fer.ding ;,ny 3uit upc,n irii~ ju~~;r•re, or to loreclose i~ or W rsform It. andior to entorce pay-ment ot ~ny ciatims hereunder, sald Mort~e~ ~ha1l apply to the court hav~a~ jurisdictton thareof tor the appomtment ot a Rece~~•er, such court aha11 tp~thwith appolnt Receiver of sald mortgaged property all and smgular, includ~ng aU and singular tAe renta, Inconae, prot~ta, ~uea md revenuea trom whata~•er wurce de~i~~ed, ea~ A and e~•er~ o! wh~ch, it bemg expreuly underatood, la heceby mortgaged as it speci[~cally set torth and descr,ted in the Rranting and habendum clausea hereof. anA ~uch Receiver shall have all the broad end e[tect~~~e (unct~nne and E~~~~.•~r~ ~n an~~w~se entniited by a court to a Recelver, a~d auch ap~+olntment shall be made by such cuurt as an admitted equity and • mattes ot ab~ ~olute riaht to said Mort~agee, and wftl~out re[erence to the adeyuacy or inadequacy ot the valu~ of th~ prop. ~rty mortsaged or to the solvency or insolvency of uid 1?tortRaRor and ior ot the defendanL, and that such - rent~ profits, lncome, issuee and re~-enues •hall be a~~plied Dy auch Recelver accordlns to the li~n and/or pufty~ . of aaid ~tort~a~ee ~nd tha practlce of auch ceurt. ~ 8. it is unde~stood and agreed that this mortgage ~s R~ven to secure. in add~tion to the note nr obl~gation above descr~bed any additional loans or [uture advances made w~thin twenty years from date hercut by the mortgagee to sa~d mortqagors or any successor in tiUe ot said mortgagors of the property hereby conveyed; prov~ded that the total unpa~d balance ot the indebtedness secured hereby at any one time shall not exceed the max~mum principal amount ot FOUR THOUSAND EIGHT HUNDRED FORTY-TWO-- Dollars (3 t~ ~$l~2. Q_ Plus interest thereon and any disbursements made by the mortgagee for the pay- mrnt of taxes.~ev~ee or ~nsurance on the property encumbered hereby, with interest on such disbursementa. IId W1TI~S3 WHEREOF. tlfe sald Mortgaror hu execUted this mort~a~e under ~eal on t?is ~lay snd yeu heretn first apov~ wrrittea 1 ~ealed and delfve ed tn tAe presence ot: . , ~ . ~ ~ ~ 4 f s - v (S~) U E~ Charles B. Stevens S~G P oselda Stevens - , . . ~ ~ .~t-•.~ l_~~<< _ ~<< < a, i;; ~ ; BTATL OF..FLQRIAA. ~ . r. . CoUNTY oF...ST.__ LUCIE...-.----- - . Befory m~ p~rwnWy appeared-•-•--•--•..~ld~'.~S_..R~_..~te.ti.ens...a.nd...Rnselda-••Steuens~_. ~'j ._his__wife. of ~...Nw_..~:9.~...5~_x......Miami._~r.es,-•--EI ' to me well known ~nd known to me to he the individual deecnbed in and who eaecuted the foregol~, ltutry- ~ men~ and acknowled~ed before me that ....Ae.. _ executed the same for the purposes therein e~prwed: : i' > ' .L . ` . . ? L. L st'. • I WTINESS my h~nd and otficfal ~eal thi~.... J..~.~k1...._..._.day of ..................~d "•1~.-,.~~?~ ~ .ti ~ - , ~ - . , - - - - € xotary Pub tn tee. ' ~lol I I I € the County and State AY6l~i .-s:~ : . ` My commiasion expfrea: " ° - ~ ~ , ` ~ s'rw~ oF... : 3 . , - Notory Publ~c, S}ete of fior~do c:t [ttrgs CoUNTY oF._ SI'. I~JCIE ~ . My Comm~ss~on Far:res A;i*:1 6. !~0 Befor~ ms personally appeaied.-•-----.•-- ~O~d by I4s~er.con F~ra 6 Cwwl~y Co. ~ ana _y W m~ w~li known and ~ known to ms LO bA ChC--•-'--.......__...--• .................Pili:dEA~ <A~__._....»_._..._.._........._._..._...-••._-••••••-.._._._.».....--•-•-•... $~Cf~Laf~ i ~ reapectlvely of • . . . . tA~ corporatloa ` . : ~ nam~d in ths ton=otn= iiutnunui~ and known to me to bs th~ perw:u who a~ ~uch ofsc~n o[ ufd corporatloa. ~ executed the~sune: and then and th~ro the ~a1d ...............•••-•••--._......_...._...--••••----....._..-----••...._......------.............aad th~ sald ; ._..dld aelc~o~vl~~ bKor~ me that ~ald = instrument la the free act and deed of uld corpontlon by them »ap~cUvely esecut~d u such olQc~rs !or th~ ~ purpo~ei th~rein expreued; that the ~eal Nereunto attached L N~ oorporst~ ~eal Dy th~m in !!k~ capufty d- ~ tlxed: W under authorfty fn th~m duly vssted by We Board of Dfrectors ot safd corporatton. WITNS.48 tny hand aad ofAc1~1 wl Wa...-----•._.._..---••-•-d~y ot._..__..•--•._..........•-••--••---..~._.___..__ . ~ - 19-•--- 5 ~ E~ _ . . ~ Notary Publlc tn a~?d for t2~ Qoutstp and 8tat~ Ator'Mala. ~ Hy oou~mLdon s=pira: ~ ~ ~ ~ ~ ~ ~ . ~c~ ry ~q E':i ~~sJ FACE ie~? ~.~gSy riY _ Y' - ~ tr ~ . . . . .a~~ ~ . -t< .'r ...~~L~ 3 ~ ' ~