HomeMy WebLinkAbout0080 ~ d. TAaI la) In the event ot any b~eacl~ ot thi~ mortgage or default on the part ot the Aturtgx~;or, ur ~b~ la
the event sny o[ aaid auma ot money hercin ~eter~e~ to be nat promptly an~i t~illy paid w•ith~n teii days next
~tter the aame severapy become due an~ payable, a~thout de~nand or nuhce, ur ~cl ~n the e~~ent ea~h and r~~ery
the st~pulat~ons, agreement~, cond~t?ona and covenant~ of a:?ui p~omas~~~: y n~.ie and thi~ murt~x~;e, any or either,
are not duly, promptly and [ully performed, d~~~harged, executed, ettectc.l, camE~leted, compl~ed w~th and aD~ded
Dy, then, ~n e~the~ or any such event, the ~a~d aggregate sum m~~nuone~i ?n s:i~d promissory note then rrn~sining
unpa~d, w~th ~nteresl ncerued, and sll moneya ~e~ in ed reby, shall becunu due and payable torth«•~th, or there-
a[ter, at the opt~on ot sa~d ~tort~agee, as fully and compietcty as ~f all ot the said sum9 ot money were orig?nally
st?pulated to be pai~ on auch day, anything ~n aa~d prou~is;ory nuie, and or in thi~ mortgage to the contrary ~ot-
w?tl?~tanding; and thereupon oc thereafter at the o~~tu~n ot said ~iorty;agee, ~~~ithout no~ice or demand. auit at
law or in equlty, theretotore, or thereatter begun, rns~• De prosecuted as it all money~ secured hereby had matund
prior W ita instltution.
7. That in tAs event that at the beginning ot or at any time pending any suit upon thi~ mor:gage, or ta
foreclo~e it, or to retorm tt, sndior to enforce payment ot any cla~m~ hereunder, aaid biottgsgee shall apply
to the court having jurisdictlon thereo[ tor the sppwntment ot a Rece~ver, auch court ahall torthwith appoint
a Receiver ot said mortgaged property W and singular. ~ncluciing aU nnd aingular the rents, tncome, profib.
isauea and revenues from whatever source deri~•ed, ea: h and e~•rry u[ whlch, it be~ng expresely underatood, 1a
• hereby mortgaged as it speci[~cally set toeth and descr~ted 1n the ~ranting and haDendum elau~es hereof, and
~uch Recelver shsll have all the broad and e[tect~~•e tun~ti~ns and {~~~~~~ra zn xnyvvise entrueted by a court
to a Rece~ver, and such appo~ntment ahall be made by nuch cuurt a~ an adrnitted equity and a matter ot ab-
wluta tlght to sald Dior[gagee, and without re[erence to the adeyuacy or inadequacy ot the value of the prop-
erty mort~aged or to the solvency or insolvency of ~aid Diort~agor and~or of the detendants, and that such
nnts, prohts, income, issuea and re.enues shall be aF~pl?ed by auch Recei~•er according to the lien and/or equity
. ot ssid Mortgagee and the practice of ~uch court.
8. It is understood and agreed that this mortgaRe is R~ven to secure. ~n add~Uon to the note ~~r ~~bl~Katic~n
above describeci any additional loans or tuture advances made within twenty years [rom datr here~,f by the
mortgagee ta ~a~d mortgagors or any successur in titlr ot said mortgaqnrs of the property hereby rnnve}•ed;
providcYl that the total unpaid balance of the indebtedness secured hereby at any ~~ne time ~hall not exceed
the maximum princ~pai amount ot Dollars
plus interest there~n and an~• disbursements made by the mortgagre for the Nay-
mrnt ot taxes, leviFC or tnsurance on !he property encurttbered hereby, v?•ith ~nterest on surh disbursements
II~I WITNESS tVHEREOF, the safd Mortgagor has executed thie mortgage under eeal on the day and year
herefn fir~t aDove ~rritten.
9faned, sealed and delivere~ fn the pre~ence ot: ~
. ~is~i'r. R.t.
i , ~ .
~ _ DEV-BUILD, LTD. , a Del~,w~
_ .~.x~~ ~ ~c~ ~.c:~.~---------- a ~ •
" ~ , Corporat ion °
~ EI Yi •7
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~ s to A. . c e holm, Jr . ~ t~~~~
~ gy ; L-l ! - S .
_ ts President ' ~ " _
~
STATE OF .....~'LQRIDA•--••...•••••-••-•- ~
covt~~rxoF..---~iARTIN- :
. .
II . Before me personally appe~red.-----•---••----• '
' - . _ - - '
to me well known and kno«~n tn me to he the ~rtdividusi descnbed ~n and who executed the [oregoing instnt-
~ ment, and uknow~lcdged before me that ....he.. . executed the same for the purpose~ there?n rxpreased.
~ WITNESS my hand and ofilclal seal ttus. ----••••---......_day ot._..-----------°••---..... 19._._._
Notary Publlc in ar~d for ~ r
the County snd State Aforesald.
~ •FLORIDA My com.mieaion expires:
STATE OF._ _ .
bii~RTI N ~ s~•
~ COUNTY OF...--..•--••---•~
Betore me peraonally apgeared.._..A.....~C......SCHENHQL~i,._..JR-•---...._..---....-•---------•---
and to me weU lrnown nad
~ known to me W be the ..............•-._.....-•-•••-•--...._.Prestdent ~d..._...__...._...._.-°-•---••-•-•-...-•--••••-- 3ecretar~
~ DEV-BUILD LTD. a_ Delaware cornoration co uration
respectively ot . - ..................1...... -----•------......._.w.--••-•-_-•_----•••--•--••-••-•°--- ~
~ named in the toregoing irutnunent, and known to me to be the Qersons who a~ such ofifcer~ ot safd corpontion.
~ A C . SCHENHOLbi JR.
~ executed the ~ame; and then and there the .aia.._....~.._...--•--. --•---•~---•-------------•-•-•-...---................ana cne s.ie
..d1d acknowledge befors me that sald
•
G"~ ln~irument t~ the free act and deed of aald cotporaUon by them re~pectlvely executed ts auch otAcere tor ths
purpo+es therein expreased; that the seal thereunto attached b the corporate seal by them in like capncity af-
tUced: nll under suthorlty 1n them duly veated by the Board of Directors of said corporaUon.
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...1
~ WITNE.gS my hand aad oftlcW ~eal thia_.`~~''_..___.._...d~Y flf•-•-.......__._.....`Ju . y....._.-----.....__.. 19••----
~s 3t~t j211 . . ~
c.~.t c..~ _r_.~
t.- •
,,_i":
t~ FiLED aK- ~"-~~RDED ,^~+i ~ otary PubHc 1n and for .
Sj tU C! E::; N T t" f L A. the County and 3tate Aloresaid
. R 0 ' - a - ; R aS . ~ ~ ~ ~ . ~Iy oommiasfon e:plres:
~ CiEF.~. .i; ~ v~ ~ t~ i . "
~E~~.~f _ . ~ ~ ,
~ .lu~ ZI 1134 ~H'76 . - ~ _ : : _ ~ . _ . . - :
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xs : ~ ~55 FAGE ~ ;
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