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HomeMy WebLinkAbout0238 a. TAat (s1 !e th~ ~veet of any breach o! this mortgs6e or detault on the prrt ot the 1?lortra~or, or Ibl ta th~ •vertt any ot ~aid sums ot money he~e~n ret~rred to be not promptly and'tufly pa~4 with~n ten day~ ne~ct atter the aame ieverally become due and pay:btar-w~thout demand or not~cc, or ~ c 1 in the e~•ent eacA and every Lhe ~t~pulstioni, a~rtementi, cond~tloni a~fd rovenanta ot s.~id prom,sso~y n.,te and th~a murt~a~e. any or tlther, ar~ aot duly, promptly and tulty pertormed, discha~ged, executed, et(ecteJ, compieted, complied vinth and abided by. chen, ir~ e~the~ or u~y such event, the aud aggregate sum m~•nt~oned in s~~d prom~saory note then rema~Nns uopud, with ?nte~est sccrued, and ~11 moneya sec~ired A~reby, shall Decome due and papable torth~vith, or there- atte~, at the option of said 1?to~tgagee, as tully and completcly aa ~f sll ot the said aums ot money wt~e origin~lly ~tipWated to be pai~ on such day, anythiog in ~aid prom~saory note, an,i or in this mort~age to th~ rontruy not- withstandina; and thereunon or thereatter at the opti~~n of sa~d rtortgagee, ~~•ithout nouce or demand. ~uit at law or in equlty. tb~retotoM or therea[ter De~ttn. msy be proaecuted as all moneys ~ecured hereby had matund pclo~ W its inatitutlon 7. That !n ths aveat th~t at ths begiru~fna ot or at any tlme pending sny auit upoa thi~ mor:~a~c. or to forecloss 1~ or to retorm 1t. andior to entona payment ot any claims hereunder. said Mortgase~ ahatl apply to the court hsvins iurisdletion thereof tor the appointment ot a Rece~ver, auch court sha11 torthwitA appoint a Recelver of sald mortgaged property all and sin6ular. including atl and singular the cents, income, prof~ta~ fa~ues and revenues irom whatever iource derived, ea~~h and every ot which, it bein6 expresaly undetstood, la hereby mortgaged aa it apecitically set torth and descnEed in the Rrant~ng and hsbendum clsusea hereof. and ~uch Recelvee shW have all the broad and etfect~ve funct,ons and ~H,~~•er~ i~-- anyw~se entn~sted by a couK to s Receivar. and such ap~?ointment shall be made by such cuurt as an admitted equlty ~u,d a matter ot ab~ wlut~ riaht to satd Mort~agee, and without retereace to the adeyuacy or inadequacy ot the value ot th~ prop- ~rty mort~ed or to the solvency or insolvency of wid l~iortRagor andior ot the de[endanU, and that auch rent~. prolita. income, issues and re~~enues shall be a~~plied by such Receivar sccording to Ue lf~n and/or equfty of ~atd f[ortsagee and the practice ot such court. 8. It is understood and agreed that this mortgage is Rive~ to secure, in addilion to the ~ote or obl~gation above described any add~tional loans or tuture advances made within twenty years trom date hereul by the mortgagee to ~a~d mortgegors or any successor in title ot said mortgagors of the property hereby conveyed; provided lhat the total unpa~d balance of the indebtedness secured hereb~y~at any one time shall not exceed the max~mum r ncipal amount o[ THREE THOUSAND FORTY TWU Dollars (i 3, 042. plus interest there~n and any disbursements made bv the mortgagee far the pap- mrnt of taxes, leviec or insurance on the property encumbered hereby, with i~terest on such disbursements.. IId W1TNS33 WHLrREOF. the sald Mortaator A~a ~xacuted thia mortsa~a under ieal on t]~e dsy and yeu herein tir~t above wrfttea. 8lsned. aealed and deUversd tn the presence ot: ~ , ~ u _ ~ (s~,) NE R . , STQLL ~ ---T-~-jaL~~c~.•c._,~i.t HARBAItA D. STULL srw~ra oF.~'LC?8I48 ..........~.r: - coin~rrY oF.~cx~--- ~ ~ Ne~ R. Stull and Barbara D. Stull his wife ! Beior~ m~ p~r~oaWy appeued.-•--.._......._._..._.._......_....._._...._..-----_..._..._ ' ! . .af._.Z?.'L4._Hiltma~e__Hl~d.._,...Mir.amar.,....F1n~cida._.._..._..._ ` :-.j... ' Lo me weli known and known to me to Ae the -i{?divtdual S, descnbed in and who e:eruted the tore~oins instru- i ment, and acknowledged before me that t.he.Y executed the same tor the purposey thercin e~cpreased. ~ € YVIZ'P1ES3 my Dand and otttcw .t.~ w,._....... 16th.._...a.y or---•---- June ~ ~~.?6 ~ ~ Notary PubLc ln aad !or ti w the County aad $tat~ Aforlsald. : ~ - Mytl'MlMt~elpll~lOr RORIDA At lARO~ ~ _BTATE OF---~~~.--•- Alr COAIMISSION Ex?IRIi MAR. 21. 19'JS ~ COUNTY oF__ ST. I~1CIE_ h1Dl0 t11Rq ~H+ERAt q~13~Itl1NCi IMDQVVRf1lM : Betor~ ms penonWy appeared ~ ~nd to m~ wall known aad f _•.._.....r.~~....._.r..~......«..r..r.r~.«..~..«...~~ .__......_.__~«...~~.r~ ~~.r..y ~ known W me to be tLe.._..--•...._..--• .....................Pr~deat aab___..___..____......_.._.___........_.--•...._.._._.....__............ 8~cr~tar~ ~ respectively of ..........••-•••••••-•........_......._.............................~......_.__.._____.---_._.._._._r........._..._....__....._..••-• t1~~ corpor~Uon nam~d [n ths foresoins irutrum~at, aad known to me to bs th~ psnon~ who ar ~ucb oi!!an of w1d eorporailoa. ~ eaecuted the same; anA then and th~r~ th~ uld ._.._....aad th~ sala =i ...._.~.~..~...._..__..~.....~_..._...~.dfd aekiwwl~e b~ton me that aaid f~ insWment u the tree act and daed ot sald eorpontfon bq them nipsctlvely exscvted as mch otAc~rs !or th~ ~ purpo~ca th~rein expres~ed: that the ~ea! thereunto ettached L th~ corpont~ ~eal br tham in Uk~ capulty d- s ff~ced; W undas authorlty In thsm dulq va~ted by the Board of Directors ot aafd cospontlon. , "s ; WI'P1~tS88 my hand aad oMclal Mal tNi...-•-•---.._._..__.._.day ot._._......_.._ lP..__._ ~ ~ f~~EG an: r_C~ ~ E - ~t. ~uc:~ ~ouN~r qOCE? POtTR~f ~ Notasr PubUc ln anQ for ~ CLEElI C;:,::JIT COURT ~ Camt7 a~A 8uu Atorwtd. ~ RECv?" V~?IFI~C oommi~don aupirw: ~ ~ J~ 11 8 z4 AM'?6 ~ y ~~0~5 ' n' P~iE _ ~ ~ ~ ~ ~ - ~ - .c _ - . . ~ ~ ,