HomeMy WebLinkAbout0253 d. Tbat (al 1n th~ ~veat o! any breacA ot tAu mortga~e or dctault on the part ol Ne !?to~tsr~o~, or 10? la
t~~ event any a[ u~d •ums ot money here~n ref~rred to be not p~omptly and fully pud w~thin te~~ day~ ne~tt
atter the aame aeverally become due and payable, vintAout d~mand or not~ce, ur ~c? ~n tt.e e~•ent euch and every
th~ it~pulat~ons, agreemcnW, cond~t~ons ~?nd rovenanta of ~a;d prom,ss~~~y m,te and th~a mart~~e, a~y or either,
ar~ not duly, promptly srid tully p~rtormed, diacha~~ed, execute~i, etfecte.l, completed, complied w~N and ap~ded
by, then. ?n e~tAe~ or any such event, the sa~d aggregate s~m m.~nt~oned ~n sa~d prorcussory note then rema~r.;n~
unpa~d, with ~ntrrest accrued, and a11 money~ ~eiuied h.reDy, ~h:.it beconie due and payable forthwith, or there-
~fter, at the option ot aaid Mortgagee, u tully an~i c~mpletcly as ~t ali ot the sa~d ~~irtia ot money were on~inally
~Upulated to be pald on auch ~ay, anythi~g ~n said pronussory note, an4 or ~n th~~ niortgage to th~ ront~uy not•
w~th~tanding; and thereupon or thereatler at the optn~n of sa~d 4fort~;agec, ~~•ithout nouce or demand. ~Wt ~t
1aw or in equlty, th~retofore, or thereatter begun, may be prosecuted a~ it ali rnoney~ ~ecured hereby had matus~d
peiOr W its 1naLlwtioa
7. Thst in ths event thst at the Deginn~ng ot o~ at any tkme pending any ~uit upon thfs mor:ea~e, or to
to~eclose it, or to reto~m 1t, and; o~ to enforce psyment o[ any cisim~ hereunder, said .titortgasee itta,ll apply
to the court havins ~urfsdictlon thereot tor the appo~ntment ot a Rece,•:er, auch eourt shall forthwith eppoint
a Recefver ot aafd mo~tgaged property all and ~,ngular. including aU and s~ngular the rent~, income, protiti.
fasues and nvenuea trom whatever source der?~•ed, ea~ h and every ut k•hzch, ~t De~ng expressly underatood. l~
hereby mortgnged a~ if apecit~cally set forth and de~cr~Eed in the Rr:~nting and haDendum clause~ hereof, and
~uch Receiver ahall have all tHe broad snd ettect~ve furtct~nns and t~„~tiFra ,n any.~•ise enln~sted by a court
to a Rece~ver, au~d ~uch spF+olntmenl ahall be made by ~uch cuurt ~s nn ndmltted equlty and a matter ot
~olute right to safd Morteagee, and without reterence to the adequacy or ~nadequacy ot tAe valu~ ot the prop-
~rty mortgaged or to the solvency or insolvertcy ot uid 1?tortRaRor snd ~or ot the defendants, and that aucA
renb, protiW, tncome, is~u~a and re~~enuea shall be ai~plied by auch Rece~t'er accorditfg to the Iisp aud/or eqWty
of uld ~tortgagee and the practice of auch court:
8. It is understood and agreed that th~s mortgage is R~ven to secure. ~n addition ta the note or o~l~gat~un
above dexnbed an~• add~tional loans or future advances made w~thin tw•enty years from date hercuf by the
mortgagee to ~aid mortqagors or any successor in title ot said mortgagors of the property hereby conveyed:
provided that the total unpaid balance of Lhe indebtedness secured hereby at an • one time shall n e ceed ~
the maximum principal amount ot EIGfIP 'I~~J(JSAND F~XJR f1UI~ID~ ~~OLJR ANDI~A~Q~~~ars
~s 8,4~4.~~ 1. Plus interest thereon and any d~sbutsements made by the mortgagee tor the pay-
mrnt o taxes, levies or insurance on the property encumbered hereb~•. w•ith interest on such di~bursements
IIJ WITNES3 WHEREOF, the uid Mortgagor ha~ executed t1?~a moK`age under seal on Ne day and yeu
herein lirst ~bove w~rfttea.
Sitned, ~ealed and delivered tn the presence ot:
~ ~~i~ ~ „
`--T~ ~ ~ C~ c.~ ~ ~ , ~ , 2 2~ ~i ~5~,~
~~RE~ _T 1~[''~,S R•
~ ~Q
~ / % t z ~ ; l< - (SFAL)
S~G~ I~1I7Y SE
.t:
- ~
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-~r
STA1'L OF. ~.I.C.?AIL~A._._.
r.
CovNTY OF.. .ST._ LL7CIE.... (
eeror. m. p.e~o~.nr aPaarea---•-.--- T~~s -
R' Jam~es--ar~d - Ma~'-.. Louise _James, his wife
! ' bird Wa A t 5-C N Palm Beach, Florida
s~.f.:.:~Q9:,,$U7~A~?.~.~......._.__..........Y.~....---P..._~---._...__....r..----~'---•-----------~---~---~------------------------~---........_...--
; tQ me wylI ltitown and known to me to he the individual. S de~cnbeA in and who executed the foregoln~ instrv-
E attAt,', altd •aElulowled~ed beLore me that .tAe..yexecuted the ~ame tor the purposes thsrein e~cprwed.
! • ~
` : wrl'NES~.my hai?a sna ornctal .eai cn„ .24th........asy or--- Agr.il .
~ i~__Zfi
E ' , . 3 ~ ' " ' ~GC~ ~ ILgtO~Ilr~(!~!~.
~ Notary Pubvc in a~d tor
~ the County and 3tate Aforeaald.
~ My commtssion e:pirer.
x STATE OF--- - .
V S!. h~•_r: ri < .
~ ~ ' or s., ~ , ~ .
~ COUIVI'Y OF.. ST. IdJCIE - . . - : v
. . ~
- ~ i,,, , ~ a
, . . :
.
~ so .a
Betors me peroonWy ap~.+eared . - : 3 t_ .L : .
. . .
~ '
~
and W m~ w~U irnown aad
~
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~ known to ms W be the.._....---.•--•-•-_••-•-•••-----••....Pre~:dent and......__._......_._......_.._.--•• 8~cretar~
,
~ reapecUvely of th~ corpontlon
~ nam~d in the foresoinr initrum~nt~ and lcaown to me to be ths penon~ who a~ ~uch ofscsts of u!d corpontlon.
~ executed the same: anA then and th~n ths sa1d ..................--•--.._.......--•......._....-•-•••-••-•••------•..._....-•--_.---.....--••---.aad the wld
5 ......................................._..._...._.~...._..~.....~.~..r.._._.....'_"_'....._.~.......»«~d ~cknowl~s b~tos~ me u,.c wa
~ fnatrument b the free act and deed of sdd corporation by them respectlvely e:ecuted sa such ottSc~n for th~
purposes therein expressed; that the ~e~l thereunto attached fi th~ ~orporats aeal bY tham 1n Wcs capulty at-
fbced: W undsr authorlty In Lhem duly veated by the Board of Directo~s ot sald corporatlon.
~ R?IZ'NE39 my hand aad oillcl~! th1~. ........----•-----••-•-day o!._._...._._.._• 19..___
a:
.
~ FILE~ ANi ~ECOROEO
iT. ~uCiE CO~HTr f~A. ~ .
z RGGi.~ P,iT~~~ , t~ Notary PuDUc in ~nd for
ClEfiK Cii ~UtT CCURT L- ttu C•ovAtp +nd Stab Atonrald.
~ P~COR.^• YEP,:~IED..~~ ~ ~[y oomm3~fon ~pira:
.y
t: ~ ZT $ 33 ~'1'~b _
~
~ 340313
~ ~F ~ 255 f ~~.f 251 i
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