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HomeMy WebLinkAbout0743 . A. Tut (~1 le th~ ~vent ot any b~eacl~ ot thls mort~y~e or d~tault on tAe pa~t of the I?tortsr~or, or 101 W tM event any ot uid aums ot money h~~an ret~rrcd to be not promptiy an~i luliy pa~d w~thin ten day~ nest ~tte~ the same severally become due and payable, v~nthout demand or not~c~~, ur ~c1 ~n tt~e e~~eot en~h and ev~ry thi st~pulatlons, a~~eemc~ts, cond~taans ut~d ceveoants ot s:?:d p~omja~o~y~ n•~te and th~~ m~~ri~a~e. any or elther, ar~ not duly, promptly ar~d (ully perlormed, discharged, executed, eftecte.l, comple[ed, complud w~th and t0~de4 by, tAen, ?o e~tAer or any such e~ent, the aarc! aggregate sum m~•nt;one4 .n sa~d pronuasary note then irru,~~Nns unpud, with ~~trre3t accrued, snd all mooeys aec~u ed h. rcDy, shall becum~ due and payable torthwith, or thera atter, at the opt~on ot aaid Morteagee, u tully and completcly as it all ot the saiq auma of money wtn orlg~n~lly ~tipulated to be pa~d on auch day, anythtng i~ ~a~d pron,~ssory note, an,l or ?n thi~_morigaee to th~ cont~ary not- w~thstandin`; a~d thereupon or thereatter at the opt~~~n o[ aa~d :?fortgagee, ~~•ithout not~ce ot dcmand. ~uit at 1aw or in equlty, th~retofon, or thereafter besun~ m~y bs prosecuted as ~t all moniys aecured hereby had malund p[ioi to iti instiWtlon. ~ That in th~ event that at ths Deginnin~ ot or at any tlme pending any .utt upon thls mor:~a~e, or to loreclosa ft, or W reiorm lt, and~or to entorce payment ot any cla~ms nereunder, said Mortgase~ ~hW apply to the court haWns ~unedictto~ thereo[ tor the appumtmenL ot a Rece~ver, euch court shall torthwith sppoint ~ Receivee ot sald mortgaged property all and s~ngular, including sll and s~ngutar the renta, Income, pro5ta. Is~ues and nvenues from whste:~er source der~vcd, ea~ h and e~•pry of ti•hich, it being expresaly anderstood. 1a hereby mortgaged as it apecit~cally set torth and deacnbed in the Rr:~nt~ng anJ habendum clausei hereof, and ~uch Recelver shall Aave all the broad and effect«~e tun~t~~ns and F>~,~•:~r~ ,n anyw~se entcusted by a court to ~ Rece~ver, and such apE+o~ntment shall ~e made by auch cuurt as an adm:tted equity and • mattee ot ab- wlute ri6ht to sald Mort~agee, and without reference to the adrquacy or inadequacy ot the valu~ of ths prop- ~rty morttaged or to the solvency or lnaolvency of w~d I?tort~wRor snd ~or ot the defendanta, and that auch rent~, pm[its, income, is~ues and re.•enuea shall De a~~plied by such Rece~~~er according to the ll~n and/or equlty ot ~ald ldottsagee and the practlce ot auch court. 8. It is understood and agreed that th~s mortgage ~s Riven to secure. ~n add~tion to the note or obl~gation above descnbed any add~t~onal loans or future advances made w~thin twe~ty years trom date hercr,f by the mortga~ee to sa~d mortgagors or any succes.wr in title ot said mortgagors of the property hereby conveyed; prov~ded that the total unpa~d balance of the indebtedness secured hereby at any one time shall not exceeci the maximum erinc~pal amount at~REE THOUSAND NINE HUND1tSD AND THIRTY---pb~~ars t S 3 9 30 . ~U plus interest thereon and any disburserr.ents made by the mortgagee tor the pa~ - mrnt~of taxes, levie~ or insurance on the property encumbered hereby, with ~nterest on such d~sburse~nent~. IId WITNES3 WHEREOF, the iafd l+[ort~or ha~ executed thi~ mortsagp under aeal on the dsy and year herein fint ~bove ~rrlttet~. Qi~n~e~ u~1~A rnel rlwl/v~rwA fn ?h1n~~~wnr~ f~f: / /~i _ ~ ~ ~ ~ d~t~ Y~ ~ ~.SFAIi~ , / ; O Ch e~ M~ r or rop (S~, ' v~~~ ~ ~ J ort ro ~~Q ~ Dor is . p •v. . _ . , ~~U~• - . . ~ ~ BTAZ'~ OF..FLQAIAA.._. ~ COVN'1t'Y oF...ST....Li]CIE . { . ! seror. m. p.r.onany aPpeana--.-....Charles_.M. _ Northro~ and Doris J. Northrop, ~ his wife of 19811 N.W. 5th Avenue, Miami, FL . I . . i ; to me well known and know~n to m~ to he the individuat S. descnbeA in and who executed the foregofns lnstru- ~ ment, and acknowled~ed before me th~t ~.he.~ executed the aame for the purposer there~n e~cpreased.. ~ ~ WITNESS my hand and ofticial ual Wi..... ~.~~.......-•---••day ot..._.••---.._._.~X•---...__.._.. -1~-»~~~ ~ . ~ `'C~aTIY~ '~Yt - ~'"~s~".' - f --~r+- ' ` Notuy Public in and for • ~ cn~ co,~,~cy ana saca wtonuw. J I~bens ~ My commtuion expirei: ~r1 ~ I~ ~ . ~ BTATE nF . . . . ` ~ ! - ~ . - . ~ . COUNi'Y oF._ST. LUCIE----------------• _ ~ Betor~ me personWy appeared ~ and.-• . -•--•-•••••------•-----••••••---•__._.~..--•---••-•-•--~.r..._.....--•-_---••--W••-•....... _to m~ wdl la~own aad ~ known to me to De the.--•------.._.._ .......................Pte~:dent as?d...-•••--....._.._.._.........----......--•---•-.••--••-•••----.-°.._....... 8~cntar~ ~ respectlvely ot ............•-•---....._.....-••-•••••••_..•-•-.__...._..._......-------------t....._.....•-•---•--•-•........._, th~ corponUoa ~ nam~d In the tore.soin~ uutnunsnt, and known to me to be th~ penon~ who a~ ~ucb offlc~ra ot ~ald corpos~tloq ~ exscuted the same; and then and th~n the sald-•-•-•••--••-.--••-• ._.........._._...__aad tlu sald _ ..__dW acknowl~e b~for~ me that ~afd - - ._~.r ~ irutrument 1~ the free ~ct and deed ot Wd corpontfon by them respecUvely eascutad a~ auch o!llc~rs tor tM ~ purpo~a thereta expressed: that the seal thenunto attached li th~ cArporat~ ~sa1 by tham tn Wc~ capaclty af- ? ftued: all unMr authorlty ln them duly vested by tbe Board of Dlrecton ot safd cotporation. ~ ~ WITN~:38 my nand aad ottfcl~l Mal thi~..........._~.._._._...d~y oi....---...__.._...•----•-••••••••-••-------..~_....__.~ lo.._-- ~ ~ ~ ~ • ~ KE,G~~ flj?. ~ Notary Publlc ln and for Ep p~M ~ th~ C.om?ty and Stat~ Aforwsd ~ st ~p~~ n Q o~~ R~pua~ ' ~cr oomo~,.aoo .sp~rs.: ~ ~LaO ~F ~ ~ ~ED ~ ~ °F~~ A oz~~ 16 ~ r ~ ~ ~ ~~3 ? ~ 336f ~ E~ z~ ~ ~ . ~ ~ - rv~ ~ _ _ _ _ _ _ - _ . .