HomeMy WebLinkAbout0705 A. T1ut (a1 In th~ ~vent ot any breac!? ot tAis mortga~e or default on the part o! the I?to~tse~or, or 1p1 ta
th~ event ~tty o[ ~aid auma ot money he~cm ~eter~ed to be not promptly and fuily ~ud w~thin ta~ day~ next
~tter t~e aame severally become due and payable, w~thout demand or not~ce, or ~c~ yn the e~•ent eacA and every
the at~pulations, agreements, cond~t~ons and ~ovenanta ot ~aid prom,ss~i y n:,te and th~~ mnrt~a~e, any or tlther,
ar~ .not duly. promptly and iully performed, d~scl~arged, executed, ettectc.l, completed, c~cnplied witl~ and ab~ded
oy. then, ~n elther or ~~y such event, the aud agg~eRate sum m~•ntioned in sa~d prom,saory note then remautin~
unpa~d, with ~nta~est acerued, and ail moneys aecured h~reDy, shall became due and payable forthwlth, o~ thera
s(ter, st the opt~on of aaid Mortgagee, as tully and compietcly aa ~t all oI the sa~d suro~ oi moncy were ori~~n~lly
~t~pulated to be pa~d on such day, anythtng in ~aid proiiuasory note, ami or In th~a nior[guge to tA~ contruy aot-
w~tlutanding; an~ thereupon or thereatter at the optu~n ot sa,d Alort~agec, ~vlthout notice or demand, ~uit ~t
law or in equlty, th~retotore, or thereatter be~un, may be prosecuted as it all money~ ~ecured hereby hsd matus~d
prior to ib insUtutloa
T. That in tlie eveat that at the Deginning ot or at sny tlme pending any suit upon thti moriga~e, or to
toreclose it, or ta reform 1t, and: or tn enlorce payment of any cla~ma hereunder, aaid Mortgasee ahaU apply
to the court h~vin~ jurisdictloa thereot for the appolntment ot a Rece,ver, auch eourt ahali torthwith appoint
a Recelver o[ ssid mortgaged pwperty all and s~ngular. includ~ng all and a~ngular the renb. Income, prof~ta.
lNUes and revenues fmm wh~tever aource denved, ea~•h and e~•ery at w•h~ch, it bemg expressly understood, !a
rereby mortgaged aa it specltically set torth and descr~Eed in the Rr:~nt~ng and rabendum clau~ea hereot. and
~uch Receiver ahap h~ve all the broad and e[tecti~e tun~h~ns and }~,~v:era ~n an}~v,se ~ntrusted by a court
to a Receiver, and auch api?o~ntment shall De made by auch a~urt ~ an admittcd equfty and a matter of ap-
~oluta right to aald Mor[~agee, and without reference to the adeyuacy or ~nadequacy ot the value ot the prop-
~rty mort`aged or to the solvency or insolvency ot uid I?tortRaRor and~or of the detend~nt~, and that auch
rent~, proht~. Income, i~aues and re~•enues shall be a~~plied Dy such Rccei~•e~ according to the 11en at~d/or equlty
ot aald I~Iort~agee ~nd the practice o! auch ceurt.
8. It is understood and agreed that th~s mortgage ~s Riven to secure. ~n addition to the note ~,r :.bl~gation -
above desccihed an~• add~tional loans or future advances made w~thin twenty years trom date hereuf by the
mort~agee to sa~d mortgagors or any successor in title ot said mortgagors ot the property hereby conveyed;
prov~decl that the total unpa~d balance of the indebtedness secured hereby at any nne time~ shall not exceed
the r~x~n~incinal amount ot '17~iBE '!'Ei01J~11ND SEVEN M~IIxiED SIX'PY Z1?10 Dollars
(S + • 1, plus interest thereon and any disbursements made by the mortgagee for the pay-
m~nt ot taxes, levicc or incurance on the property encumbered hereby, w~th interest on such dishursements.
II~I W1TNE33 WHEREOF, ths safd lr[ortgaao~ hai executed this mort~age undcr aeal on the Jay and yeu
here~n tint above wrrltt~n.
Slan sealed and delivered f ~ prcaence ot: ~
.l C/
' ~ - ~ (SFAL)
; J s C. Thuraton
~ a, ~ . ~f
~ S ~ - - ' ~ " dit~-.,,''~"- (SFAL)
Mae Bell Thurston
STA'I'~ OF. F~J~RIAA.... f
CoUN'I'Y OF-- _ST._. IdJCIE--- ( ~
Jaiaes C. Thur~ton and Mae Bell Thuraton hia wife of
Heton ~as p~rwnally appeared_._._._
.
2180 N.td. 3rd St., Pa~ano Beach, Florida
to me weli known and know~n to me io he the indiv~dual8~. descnbed in and who exerute~ the toregoin= inatru-
' ment, and uknowledged betore me that .theY executed the same tor the purpoaes tharan expreased. -
I .
; WITNESS my hand nnd otfictal seal thii..218f ...--•-•---•..day ot----•MaY- .10_76
~ - : .
f . ~
~ . ~-1 la--f =-.._...fi. r~ n _
, ~_..~„~~j._ -
i Notary PoDllc in and for ~s
E the County and State Aforas~f~~ ~ m.
€ FI~I~ My commtssion expires: r-~ - • ~ _ • ~ '
~ ~ll:' f-;.c , ~ l~
STATE OF.- . - - ~ , ~ =
, . pO - ~ • :
COUNTY oF.. SP. LUCIE s~ ~I Q > ' - . :
~ .
Before me penonWy appeared._.._._.......- •
~
~ and to m~ w~ll lmown aad
~ known to me to be the..._...... -•---•--...--••...._....._.Prerdent aad.----••---...._.-_•-_-•_ S~cretar~
~ _ .
~ reapectively ot ths corporatlon
k named In the toregolns uuttumant~ and known to me to be ths penon~ wno a~ auch otflc~n of sald corporatlon.
~ e:ecuted the aame: anA then and tR~re ths wa .................•------.-••---.---•---------.--.....----._._.----------------.------.-------.-_ana eha wa
. .
' ..__did acknowl~e b~for~ me t3ut ~ald
f
lnairument ts the tree act and deed ot said corpontlon by them rospecttvely executed u iuch otAcen for th~
4 purposes therein expn~sed; that the ua1 thereunto attached ti the corporats aeal by them tn like capaclty at-
tUced; all under wthority !n them ~duly veated py ths Board oi Dfrectors of sald corporation.
~
4 WITN~'?98 my hand aad oftlclal ~sal thla._--•-•....._.__._._..day of..........._......._..._...•---•-•---•--•-----•----__.. 1~.._--
~ .
~6EU ~MJ
~ ~~iQiE ~Olfh~~~ xotaq Pubuc tn ana ror
; AGf~f r~t~01TR~¢ _~j~ 33~~;E,~ th~ COm1ty and Stat~ Ator+vdd.
r, alERi( ~ircU~t 4oURr \ ~[y oomaUsaon.upirea:
~ OFr,Qf.G V~P,~Fl~D~~
~ ~ ~0 3 4o PN'76
~
~
~ ~-_i 2~~ 706
~
~ .
~