HomeMy WebLinkAbout0738 6. TAat l~l lA tU~ ~vent ot any bnacl~ ot thla mortga~e or detault on the part ot the 111ort~agor, ur Ibl lq
tM •vtnt ~ny ot ~aid aumi of money h~~an ~ettrred to pe not promptly and tuily pa?d with~n ten day~ n~~ct
atte~ th~ same ievetally becom,~ d~e and p~yable, vinthout demand or oot~cc, or ~c1 ~n the e~•en! each and ev~ry
tlt~ •t~pulat~ons, agreemeats, conditlons ~nd .•ove~Ants ot ~.Z~d prom:a~+~iy r.u;e and th~~ mur[~~r, any o~ titht?.
ar~ not duly, promptly and tully perto~med, discharged, executed, etlecteJ, completed, complied v?nth and •e~a~a
by, then. in eitMr or any such event. the said aggregate sum m~•nt~nned in sa,d prom~sso~y note then remsuun~
unpa~d, with interest acerued, ~nd all moneys secured h~reby, ahall became due and payable [orthwith, or there-
stter, at the option ot sa~d Morteagee, u lully and comptetcly as i( all o[ the aa~d sunis of money were orig?nally ~ ;
~t~pWated to be pa~3 on such day, anythins i~ ~aid pron~issory note, an~l or In th~s mortgage to th~ conlrary aot-
w?thstandins; and thereupon o~ thereatter et the opt~~:n ot sa,d btortgagee. ~~•ithout nouce or dcmand, ~ult ~t
Iaw or ie equity, tbtreWfore, or thereatter bt~un, may be prwecuted as ~t all moneys aecured hereby had maturb
pNor W ib iestltutlon _
7. T!u?t 3n t2~a svetst tl~at st the Deginni~~ ot or at at~y tlme pend~ng any suit upon thb mor:~a~e. or to
lonclo~ f~ or W retornn 1t, and; or to enforce paymeet ot ar?y cla~rru hereunder, said Mort~ea shW apply
to ths court havin~ ~utisdictlon thereol foc the appantment ot s Rece~~er, such eaurt ahall torthwith appoint
• Receiver ot said mortgaged property all and aingular. including •11 and s,ngular the rents, Income, profita.
I~sues and revenuea fmm whate~•er ~ource derivcd, ee: h and e~~ery ot w•hich, it Deina racpressly underatood, ls
he~eby mortgagM aa it specitically set torth and descr,ted in the Rrant?ng and haDendum clause~ hereof. and
~uch Reeelver shW have all the broad and ef[ect~ve fun~t~~ns an~i E~~n.~r~ in anyw~se cntn~ated by t court
to a ttece~ver, and such apF+otntment shall be madc by such cuurt as sn admitted equity and a matter ot ab-
~olut~ risht W eafd l~tort`agee, and without reterence to the adeyuacy or Inadequacy of the value ot th~ prop-
tTty tnort~ed or to the ~olvency or insolvency of uid 1?IortRagor a~dior of the detendant~, and thst iuch
rents, protits, income, issues and re.enues ihall De ai~plied by such Recel~•er accordlnt to the li~n and/or equity
of aaid ~[ort~asee and the practfce o[ auch court.
8. It is understood and agreed that th~s mortgage ~s Riven to secuce, in add~t~on to the note or obligation
above descr~bed any additional loans c~r tuture advances made within t~aenty years Irom date hereut by the
mortgagee to ~a~d mortqagors or any succeswr in titie of said mortgagors o[ the property hereby conveyed;
prov~ded that the total unpaid balance ot the indebtedness secured hereby at any one time shall not exceed
the maximum principal amount of T~i~EE THOUSAN~ FOUR ~IUNI~R~D TWO------- ~ltars
(S ~ 402. 1• Plus interes erenn and any isbursemen s ma e v the mortgagee tor the pay-
mrnt o~axes, levicc or insurance on the property encumbered hereby, w~th interest on such disbursements.
IId WiTNL33 WHEREOP'. tAe safd ldort~asor ha~ •xecuted thf~ mort~tae under aeal on Ne day and year
heretn tint apov~ arittea .
91Sned. ~eated and dellvered tn the p~seacf ot:
_ ~
_ ~ - /
.s~~' • _ . c t ~~~~~..~%r. (SF~L)
r.
~ ~ ~~O Sidney, G oe ~ !d~
''7~ . ~C 1.~",',~ ;r~ ~ ~H ~ /
(SEAL)
' ~ ~`yJ~ ~ Moira L. Poe
v
NP~v~~,
,
S~ t ' ~
STA'TE OF.~._... • ~ `
~
~
~
COUNTT O!'•--ST.:._~E ,
seror. m. wrw~ny .p~ana---..._Sidne~C._~...---Pne__and.__M~aira._.Lf--.Pm~.---his..w~ife....of ~
15621 SW 101 Ave., Miami, FL
to me well kaown and known to me to he the individual g descnbed in and who executed the foregoins lnstni-
i ment, ~nd acknowled~ed before me that ~.he_~j executed Lhe ume for Ne purposn thate?n eYprtased,
; ~ ,
j WITNES3 my hand and otticlal ~eal Uu~.....9.~ ..............day of._._..__....~....Md~.•-••--..._ 3Y..._.76
!
i }
.~.e(~ ~'~Lk:
xor.ry ~bu~ ~n ana:or Je~e~:M. . Dobens
~ the County and 9tats Atoresaf~., ~
~ My commtuion e:pires: ''>"j q~r,~ ~
~ 8TA'I'd OF-•. ~ - ~ - - ~~r _ i4 ~ •~9
~ ss. ` ,
~ COUN1'Y oR.. ST. LUCIE_.......---~-•--- ' - '
~ Betor~ me penonally sppeared..--••-•-...---
t
aad_.._...-•-•.-••-.--..._......__.....-•-•---....._..._._._.._._...-------~•-• W m~ ~r~ll laiown aad
:
~ known to m~ to be tbe ..............._._........._.........._Pra~dent and.._._._..___.._._._._...._.......---•------•---._...._..__.......•-_--.-- 8~cr~tar7
~ respectlvely of tA~ corporatloa
~ nam~d ta U?s foretotns inatrum~n~ and known W me to be th~ persoiu wbo iu ~ueh otsc~rs oi uld corporstton.
~
~ e:ecutM the aame: and Uun ~nd th~n the ~aib.----••--..._.. _ aad th~ sald
: •
~
~ d14 ael~now?l~s b~for~ me tAat ~atd
~ Uutrument u tAe free ut and deed ot iaid corporadon by them »ip~ctlvely es~cutea a~ nuh ofAc~n for t2a
~ Pue~po~ea ihareln exprea~M: that the ~eal thereanW attached ts N~ cocporst~ isal b~ them tt~ Wc~ capaclty a!•
~ t~ed: W undsr authortty In tham duly veated by the Board of Dlrectora of ~afd corpontloa
~ WITPTS38 my hand aad otflcW aM1 thla...---••----~.~-•-•--••dsy ot....._...._.._._...._.._..-_•---._.__..._..._.._... lY.._~
~ '
~
GORQR
~ ~~`Ep_,E~~DU~Z`l S~"'. Notarp PuDUc In ar~A tor
~ ~ ROC~F. FO~t~ ~ tM Ccw~ty and Stat~ wtorwid.
~ EaK cti~cu+1 a ~ 3~~ ~cr ~~n~ws~
~ C~ ~E~~f ~EO
~ aECea~ 6
~ y 3
~ ~
~ ~ ~L3 fa~ ~~38
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