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HomeMy WebLinkAbout0669 a. '1'Aat (a) le th~ ~vent ot any b~each ot th?s mortgs~e or detau{t on tfie pnrt ot the I?to~t~n~nr, or Ib~ W tA~ event wty ot u~d ~ums ot money hera~ ~el~rred to be not promptly and tu11y paid w~thin ten daya next siter tne same aeveral{y become due snd payable, w~thout de~nand or not~ce, or ~cl ~n the e~~ent eacb and every N~ •t~pulations, agreement~, cond~t~ona and rovenencs ot s:ud prom~ssm y ~ute and th~a n«~~tg~e. any or tltAer, u~ not duly. promptly and [ully pe~formed, diach~r~cd, executed, et[ected, compteted, compl~ed w~th and ~b~ded by. thet~. ~n e~ther or uny such event, the aud agg~egate sum m~•nt~oned ~n sz;d promissory note tAen remauung unpaid, with ~ntere$t acerued, and all money~ ~ec~~red h~reby, ahall becun~e due and pa)•able torthwith, or thete- siter, ai the option ot sa?d l~iortgagee, as fulfy an~i comptetcly aa 1t all ot the said sun~a ot money we~e orl~inaliy ~Upulated lo be pa~d on such day, anythfng tn aa~d protiusson• note, an~i or ~n thia mortgage to th~ contTary nOt- wltF?standing; and thereunon o~ thereettec at the opt,~m of said 1?tortgagee. ~~~~thout nouce or demand, auit ~t 1aw or in equity. th~nWtore. o~ thereatter be`un, msy be pcosecuted a~ ~f al1 moneys secured hereby had m~turtd p~ior W ib institution That tn the eveat that at the beginnln6 ot or st any tfine pending any auit upon thts moriga~e. or to toteclose it, or W tetorm It, and; or to enforce payment ot at~y claima hereunder, said Mortgase~ ahW spply to the court havins junadictlon thereot [or the appo?ntment of a RPCeieec, auch court ahall torthwith appoiat a Recelver ot said mortgagtd propecty. all and a~ngular. ~ncludirR all and s~ngular the rent~, Income, prnf~U. t~suea and revenuea f~om whatever source derived, es~ h and evPry ot H h~ch, it be,ng expressly understood. la hereby mortgaged as it specit~cally se~ torth and desrc~ted in the Rrant~ng and haDendum clauaea hereot~ and ~uch Rsceiver ahd! hsve olI the broad and ettect~ve tunct~nns and ~.~~~.~r~ ~n an~~~~se entrusted by a court to a Reee~ver, and auch ap(wintment ahal! be made by auch cuurt as an admitted equlty and • m~tter o! ~b- tolute rigf~t to sald I?tort`agee. and without reterence to the adeyuacy or inadequacy ot the value of the prop- ~rty inort6aged or to the solvency or inaolvency ot u~d 1?tort~aRor snd%or ot the detendutU, and th~t ~uC1~ renb. prohts. Income, issue~ and recenues shsp be at•plied by such Rccei~•er according to the lisn and/or equltr of safd 1lortsagee and the prsctice o~uch conrt. 8. It ~s understood and agreed t thls mortgage is Rwen to secure. ~n add~t~on to the note ~r obl~gation above descr~bed any add~tional loans ture advances made within twenty years f~om date hereuf b~ the mortgagee to sa~d mortgagors or any s r in titte of said mortgagors of the property hereby conveyed; prov~ded that the total unpaid balance o e indebtedness secured hereby at any one time shail not exceed the maximum principal amount ot ~SA~ '1~IA I~IUI~~ 'I~TI'Y-~-" Dollacs ~t 3~222.Q() 1. plus interest the and any disbursements made by the mortgagee for the pay- mr~.t ot taxes, leviec or msurance on the pro ty encumbered hereby. w?th interest on such disbursements. IId WiTP~LS3 WHEREOP', tAe sald Mortgas~~ executeb this mort~age under seal on the dsy and yeu herefn fint aDov~ w?eitten. ' O 9~~ned ed and deUvend in the pre . _ G~ / f ~ ~ - ~ t_ ~ ~ f , y {SE~I,) ~ r` Jr. ` ' (SEAL) . , t I- f/ / . ricUoa~ala c. Joa~es LI, t.C, ~ ~ s~rw~ oF. FI~?RIL~ ~ Marl i Jones a covrrr~r oF.._~~_. ~E . ...........1 " ~d.....John M~...~i~..,~x:.._s~__~'at._~t.,-_hiS..~tif.e_ of.__715_~ 152 St. , Be[on m~ psnonallY ~PP~ - Miami, FL & Mc~onald C. Jones and Marjorie Jones, his wife of 445 i~ 172 St. , N. Mi.ami, FL . to me well known and know-n tcs me to be the indivldual.S~ de~cnbed in nnd wDo executed ths foregoln~ lnstru- ment~ and acknowledged before me that ~.-he_.y executed the ~ame for the purposes there~n expreased. i WITNESS my hand and offtcial seal thii...~4th.....--•-•-•-day ot..._.._ ~1!__._..---•----•.-•--• 1~7.~ 2t~~~.. ..~G~-~. . € Notary Publlc ln end for S~„~,.a r the County and State Afo~7~" ~~'-;as~:; _ z ' ~ My commtsaion e~p?res: ~ 7 ; a•?~ ~ . ~ ~ ;d . ~ ~TATE OF_ Ib~+~ : ~ - . - . : ~ cotn~Y oF.. ST. IUCZE-• 7~ . ~ . . . ~ Before me personslly appeared. 5 W m~ w~ll k~nebrt; s~! s .na.--- . ~ . a known to me W be tDe-_•-•-----~--••------• .................PreMdent an~-°--•_--_..•-----•._..__.....-•---..._.......---•••-•--•••-•--.._...._.....__ S~creta.r7 ~ ~ ~ rtspectlvety of ths corpon on , . . ~ nam~d in the foresotnY tn~trument, and knov?rn to me to Qe th~ penon~ who a~ ~ucb ofllcers of ~a1A corporatloa. ~ executed the same: aad then ~nd th~ro tAs aa1d --••-•-•------...._............_................__._.aad the Mld . ~ ; --•-•.._..-•-••-----••------•----•--._.~_..._....~......_-.r.--•.....---•._...._._._.._....._d!A scknowledse b~for~ me that sald : < ~ instrummt ts the tree act and deed of sald corporatfon by them ra~pectively executeA as auch ottlcen !or th~ ~ purposes therdn expres~ed: that the ~ta! thereunto attached Ii tA~ corporate ~ea1 D7 tham in 11ke caPulty af- f1uM; all under authorlty In them duly vqtcd by the Board ot Dlrecton ot sald corporWon. } WITN1L98 my Rand and otAclal asal thi~......_.._..._.._.._. d~y of 1~..,._ ; , s i - . ~ p Notary PubHc In anA tor , ~~~oaCf ~ w• couacr .na sac. wrora.are. ~ fti?,E~ RE~ 4tir~~ S~A~ ~ ~ l[y comml~fon Neptew: ~ ~ st,~i~ C<<~ p~~TRACL t ~ : K ~`0 CUi . 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