HomeMy WebLinkAbout0681 A. Tbat (~1 In th~ ~veet o! any breach o[ thls mortgaae or detault on the part o! the J~[ort`r~or, or l01 tp
tM ever?t any of qid auma of money herc~e ret~rred to be not p'omptly and tully pud w~thin ten d~y~ ne~tt ~
~tter the ums severally become due ~nd payable, vintAout demsnd or not~ce, or ~cl in the e~•ent each and evtry
th~ ~Upulauona. a~rcements. condu~on• and ~ovenanta o[ at~d p~om,uo~y note and t~1s murt~a~e. any or elther,
ar~ not duly, promptly and fully per(o~med, d~acharged, executed, etlected, completed, complied v?nth and ab~ded
Oy. Nen. in e~ther or ar?y, such event. the suJ aggre~ate sum m~~nt~ened ~n aa~d prom,saory note then rema~nfn~
unpa~d, with intereat accrued, and ail money~ securad h.reby, ahall Oecome due and payaDle lorthwtith, or there-
atter. ~t the opt~on of aaid Mortgagee, ea tuily and comptetcly as it all ot the sa~d ,ums oi money we~e orlgin~lly
atip~lated to be pai~ on such day, anything 1n aa?d pron~iuory note, ami~or In thu mortgage to th• contruy aot-
w~thstaadln~• and thereupon or theres[ter at the opiu~~n ot sa~d btort~agee, ~~•ithout nouce or demand„ auft ~t
1aw or in eqWty, th~retotor~. or thenciter pe~ue, may be prosecuted as ~f a!1 moneys aecured hereby had nutwyd
pcloi W ita bfsUtutlotl.
T. That 1n th~ evwt th~t at ths Deginnias ot or at any tlme pending eny ~uit upon thb mor:ta~e, or to ~
totecloae i~ oe W teform 1t. and%or to enforce payment ot any cla~ms hereunder, said Mort~e~ shal! apply '
to the eourt havi~ ~urisdictlon thereof tor the appointment ot a Receiver, such eourt ihaU totthwith appoint
a Receiver ot said mortgaged property all and s?ngular. including all and s~ngular [he natt, lncome, prohta„
L~uea and revenues from whate~~er aource derived, ea~ h and ever~ of wh:zh, it Demg expressly understood. i~
he~eby mortgaged sa it speci(ically set forth and descr~Eed in the Rranting and h~bendum clause~ hereot. and ~
~uch Receivcr ahall h~ve ali the broad and etfect~ve funct~nns and p,u~.ers ,n anywise entrusted by a couet
to • Rece~ver, u~d auch ap~+oinlment shall be made by auch court as an admitted equlty and a matter ot ab~
wluta ri6ht to sald ~iortsagee, and withoui reterence to the adequacy or inadequacy ot the va1u~ ot tha prop-
~rtr mort~ed or to the aolvency or Insoivency ot uid MortRagor and ~or ot the detendant~. and that ~uch
tenL. pwtits, fncome, ~a~ues and re~•enues shall be a~~plied Dy auch Receia•er accord?n~ to the ll~n and/o! equlty
ot ~ald ~tortsasee and the practice ot ~uch court.
8. lt is understood and agreed that this martg3ge is Riven to secure, in add~tion to the note or obligatiun
above dexribed any additional loans or tuture advances made within twenty years from date hereui b~• the
mortgagee to ~a~d mongagors or any successor in title oi said mortgagors ot the nroperty hereby conveyed;
prov~ded that the total unpa~d_ balance of the indebtedness secured hereby at any one time shal n t exceed
the maximum pr ncipal amount ot THRgE THOUSAND TWO HUNDRED & TWENTY-~WB ~~~ars
<S 3,222.U~ plus interest tFiere~n and any d~sbursements made by the mortgagee for the pay-
mrnt of taxes, levie~ or insurance on the property encumbered hereby, with interest on such disbursements.
aT W1T'N!'S3 WHEREOF, Na sald Mort~or Aaa sxecuted thb mort;a6s under aesl on the Jay and year
heiein tirst aDovs writtea -
9f~ned. ~ealed and deUvered in tAe presence ot:
~4= ~ ~ (SFAL
)
W .
. . ~ Q / (SEAL)
8TA'I'6 OF.~'I~~IDA
~
COUNTY OF... ~....QC.et+~L
Je=
William J. Neel and Joan Z. Neel, his wife
Befor~ m~ parwnWy a .arad-•---•---•-.__ .
of 6109 Holiday ~ill Lane, Orlando, F~loric3~a~~~"'~~~~'~~~~~'~""~~~"""'""~'""""'-~'~"'~"""~"""
to me well known and known to me to Ae 4he ind~v~dualS• descrtbed in an~S who executed the fongoln~ instnt `
ment, and uknowledged Defore me that 1heX executed the same [or the purpoae~ thetew ~cpreakd.
' . '
i ' ' ' v ! .
WTi'NESS my hand and ottlclal ~eal thia~th _..-•-•----._..day ot._._. ~f._.....---•-• l~~i.:_...
S ~f~G ~ ~ ~
~ ~~L ~9C~L y ' ~ r~
; -K~- , t' ~
i ~__.....s.......~..:,~. -
f N~tary Lc in aad for - ' ~
~ ihe Councy and State Aforesai~i., ~ n~~.
~ •1„ •
; ~Y.Cft?~!!fssion_expirei: - . . -
~ STATSr OF.- . , r/gt:
~ covrrt~r oF_. ST. LiJCIE_.._....----•-- - " ~ ' ~ ~
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• M.... ~ mc.. . ~
~ Betor~ ma penonally appeared ~
~ .
= a
~ and-••--•-•........---•-•----•---- W m~ wtU la~ov~m aad
~
s k~wn to me to be the--••....-•---•---....___.....__._._Pr~dent aad..._.._..---•_--_-• S~creta*7
~ respectively ot th~ corpontron
~ nam~d tn the toretofnr irutnvn~at, and known to me to Ds th~ perwn~ wbo v~ucb ottfc~n ot ~ald corpontlon;
~
~ exscuted Ne same; anA then and tA~» the ~ald ..................__...._.............._...__...__........._._....--•.............-----•--•._....aad th~ Wd
~ .._..__..w_•---_._...._..did acknowl~e Mlon me Uut ~ald
~
1nsUvment fi the Iree act and deed ot said corporatlon by the~a reipsctlvely eaecuted v such otttctn tor th~
' pur~po~ea th~nin expreased: that ths ieal thereunto attacAed b tM rnrporats aeal Oy tb~m 1n Wcs c~pacfty d-
~ tt~ced; all under authority tn tl~sm duly ve~ted by the Board of Dlrectors oi iafd corporadon.
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~ W1TN~98 my f?and aad ottlclal Na! Wi---•-•-..__~..___...._d~y ot..........._.._._.._._ lY•----
3 KECOR~ED ` .
~ ~ 1.E~ ~UNTY Fl~
~.LU~~f ~
; f RO~f~ f ~tt R A~~RS 3~ p~ r Notary Pubiic tn ana for
~ AfC~aR ~E~iED.~'""~~ ~3~ Y~~w~~ p~
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