HomeMy WebLinkAbout0232 'I'Aat Is1 In th~ ~vent ot any bre~ch ot th~i mortts~e ot d~tault on the pnrt of th~ 1?To~t~R~or, ar 101 1~
th~ ~vent any ot uid •uma ot money h~~c~n ~eferred to be not prumptly an.1 lully paid w~th~n ta~ day~ n~=t
~tter the samt sevcrally Decome due and payable, vinthout dem~?r~d or not~cc, or ~ c~~n the event each and ev~ry
ths at~pulat~oni, a~reementi, cond~tio~a and rovenanq ot ~.zid promuam y n~,te and thia n?urt~ase, any o~ tltAer,
~r~ not duly, promptly and tully pcrto~med, diachargcd, execute~i, ettecte.t, completed, complied v?ntA and ~d?ded
Dy. thee. ~n e~the~ or at~y such event, the uiJ ~~gregate aum m.•nt,oned ~n sa~d prom~ssory not• then remuNn~
unpud, w~th ~ntereat acerued, and all money~ aecured h. reby, shall Deconu due and payable forthwith, or thtra
atter, •t the option ot sald Mort~aqee, ~s [ully and cnmpletely Ra ~t a11 ot thc sa?d numa ot money w~n o~~s~nally
~t~pulated to be paid on such day, ~nythlna ~n ~a~d pron~~ssory note, an~1 or ~n this oiortga~e to th~ cootrary eOt•
w~thatandin`; and thenupon or thereatter at the optu~n ~t sa~d Atort~a~ee. ~~~lthout not~ce or demanA. ~uit at
law or in equlty, tA~retoforo. or thereatter be~un, may be pro~ecuted u ~t sll moneys aecured heceby had matursd
prlor to its inatiwtlon.
That In the event tRat at the Deglnnies ot or at any tlme pending any ~uit upon thb mor:~a~t, or to
foreclose it, or to retorm ft, and~or to enforc~ payment ot any cl~~ma nereu~der, uid Mott~ti ~ha11 apply
to the court havlns junad~ctlon thereot tor the appointment ot a Receit•er, auch court ahW toKhwiW ~ppolat
a Receiver ot eaid mortgaged property all and a~ngular, including ali and aingular the rent~, Income, proht~,
lssues and nvenuea trom whatever wurce der~ved,~ eR,•h anJ eveey u[ v?h~ch, ~t being expreuly undentood. 1~
here~y mortgaged as it epecit~cally set torth and deacr~Ged In the Rr;?nt~ng and Anbendum clausea Aereot~ and
~uch Recelver shall have all the broad and etfect~ve tunrt~nns and ~~u~~Pr~ ~n xnyw,se entniated by a court
to ~ Rece~ver, and auch ap~+o~ntment ahall be made by such court as an adm~tted equlty and e mattet ot ~a
•olut~ ri~ht to aald Mort~agee, and without reference to the ~deyuncy or in~dequacy ot ihe valu~ ot th~ pwp-
~rty motttaaed or to L'~e wlvency or insolvency of u~d I?tortRaRor and~or ot the defendant~, and that auCA
nnt~, prohti, Income, ~ssue~ and re~ enues shall be •~~plied by ~uch R~cel~•er accordln~ to th~ li~n and/or ~qulty
of aald ~tort`asee and the pract~ce ot auch court.
B..It is understood and agreed that th~s mortgage is Riven to secure. ~n addition to the note or obl~g~tion
abave deacr~bed an~' add~t~onal loans or tuture advances made w~th~n tv?enty years trom date hereuf by the
mortgagee to sa~d mo~tqagon or any successor in title ot said mortgagors oi the property hereby conveyed;
providecl that the total u~paid balance of the indebtedness secured he~eby at any one time shall not exceed
the max~mum rincipal amount o[THREE THOUSAND FIVE HUNDRED EIGHTY Dollars
(S 3S $Q . ~g 1. plus ~nterest thereon and any d~sbursements made by the mortgagee for the Nay-
mrnt ot taxes, levi~c or ~nsurance on the propert~ encumbered hereby. with interest on such d~~bursement~.
IId VIt1TN~SS ~LUF}~ d Hort~or hu •xecuted thls mortta~e under ~eal on the Jay and yeu
here~n tint a~ov~ wrlttea
9f=ned, ~ealed and deUvered tn t~e prese~f~~~
~ _ - ~FQ~ • .
, ' ~ -
G c ! r r ~~~~0 ; ! ~ ~ ~ ~ ~S~~
- ' r ~ c~-
% • ~ l Kennet E.~~p orth
--S' ~ ~ ~ / I ~ ~ ~ ~ ' ! (SFAL)
Mar aret R. He worth
STA'I'a OF..FL~QRIDA.-•- • ~ w.
cot1N'rY OF.. SI'.__ I.IJCIE.... . {
~ seron en. p.r.orany aPpear.d....Kenneth E. .Hepworth and _Margaret R. Hepworth,
, .
~ his wife of 424 W. Four Seasons Rd., Lake Park, Fla. 33403
,
; to me weit known and know~n to me to be ;he individualS. describM ~n and who executed th~ toresofns 1n~trw
~ ment, and acknow•led~ed betore me that Zhe}~. executed the aame for the purpo~eY th~re?n ~zpr~u~d. -
~ WITNESS my Aand and otnc~.~ s~a~ w,.... ...._.8th.._..a.y or..._._July---•~---• i~..~s
,
E -..~'d ~ .~!'c.~.'.1~-
~ Notary PubLc !n a~ tor
~ the County anA StaU Alor~esal~. JeaAnrie M. Dobens
~ My commliaion e:pires: ~ ~ -i
srw~ oF_ ~ P _ ~ ~ .
~ coviv~^r oF..ST. ILCIE..._...~..._~ , ~
Betor~ me penonally appeared . . .............._.....-•.-•-••••-•---••_-•••-.•---••••-••-----•••..._.............__.._-•--.._.._.._......._:...__.Y--
and.._ to m~ wtll Imown aad
~ known to me to De the ...............--•.....................Pr~Mdent and_....._._...._.._.._.._. 8~c»tar7
~
~
~ respectlvely of - - .............•--•••----•-...._...._..._.......___••----•-•-•----_._.r..r......_..--•_•-...._.....--••-•. th~ corpontlon
~ naan~d in the fore~ofns ttutrum~nt~ and known to me to De th~ p~r~on~ who v ~ueh olIIc~r~ o! salA corporsUon.
~
« caacuted the same: aad then and th~r~ th~ wa..................-• ............._.......--~-----....................---...----.........._.......aaa eh...ia
-----------••----•--._.._...~_d1d ac1[nowl~~ b~tor~ m~ ihat ~a/d
~ tnstrument 1• the free aet and dMd of uld corporaUon by them »~pactlvaly ea~cut~d u sucb ofAcvn tor th~
~ purpoaea th~refn expres~ed; that the ~e~l Nereunto attached li th~ corporaU ~sal Dy tlfam 1n Uk~ capulty d-
fiued: all under authority tn th~m Quly veated Dy tde Hoard ot Directora of sald corporatlon.
a
WITI~SS my hand aad otAclal Nal Wi..._....._..._..-•--•-...day of..__......_....._......•-•...__.._._..__.......___.y IY.._._
~
~ .
~ PI~Efi r.~I'. nEC0A0E0
~ fT. LUy+~ •CJMTY FLA. Motar~? PubUc ln at~d for
4o~e ~~as , t!~ C.o~mtr and Stst~ Atorwid.
ci~ t K'=.c.~~T coiRt ~ G~ ~cr ~~~.~a~ ~pw.•
p~r~~r Y~K~=i`~ _ '~`'g+~
~ ~Ut. ZZ S 20 aM'~b '
~
~ 340302 ~ r t~5 FAr•E 2~'~.
x ~
rk, ,
ti;
~ . . _ ~ =s-y~" . . . . .,s