HomeMy WebLinkAbout0259 b. '1~at 1~1 In th~ ~vent ot any breacN ot tA~s mort`a~e or detault on the part ot the 1?tort~~e~or, or 101 la
eve~t any ot ~a~d iuma ot money herc~n ret~rred co be not p~omptly and fi~lly pud w~thin tei~ day~ n~at
te~-ihe sune severally bccome due and p~yable, v~~tRout demand or nohce, or ~ c ~~n the e~~ent each •nd ewry
th~ •bpulauona, a~rcements, condit~on~ and rovenants ot aud prom~a~~iy n~,!e and th~~ m~~rtyaje, any or elther,
ar~ not duly, promptly and tu11y pcr(o~med, d~arhargcd, executed, ttfected, eompleted, compl~ed waN and ae~db
ey. tAen, ~n e~ther or ~ny such event, the suJ a~gregate sum m~•nt~oneA ?n ss,d From~saory note then rema~rue~
unpud, with ~ntrre3t accrued, a~d all money~ ucured A.reby, shall Decome due and p~~•abl~ lorthwhth, or thtr~-
~tter. ~t the opt~on ot aa~d Mortgagee, u[ully and cnmpletel~• us ,t all ot the said sums ot money w~r~ ori~tnaliy ;
~hpulated to be pa~d on auch day, anythin~ m~a~d pronassory note, and or ~n th~s mortg~~e to tM contrary rot-
w~thatsnding: and thereupon or therestter at the optu~n ot sa,d Atort~;aQee, u~ithout noGce or demand. ~u/t at
law or in equlty, th~ntofore. or thereatter be`un, may be prosecuted aa ~f all moneys ~ecured AereDy had matu»d
prlar W ib ~nstitutlon.
That in ths event that at the Deginn~na ot or at any tlme pend~ng any auit upoe tAla mor:ts~e, or to
lonclose it, or to ~etorm It, and ~ or to entorce payment ot any cl~~ma h~reunder, aaid Mort~t~ ~hail ~pply
to the court htvln~ jun~dlctlon thereot for the appantment ot a Reccit•er, such court ihall forthwith appotnt
a Recelver ot said mortgaged property all and smgular, including atl and singular the renti, lncome, prohb.
faaues and revenues irom whatevec source denved, ea~ h and e~vey of K~h~ch, ~t being expresaly undentood. L
rereby mortgaged aa it apecit~cally set torth and descnted in the ~rant:ng at?d raDendum elause~ hereot, ~n4
~uch Rece~ve~ sh~ll have all the broad and ef[ect~ve lun~t~nns anA {~+,~~Pr~ ,n xnyw•ise entnisted by a court
to a Rcce~ver, and ~uch ap(+o~r.tment ~hall be made by auch cuurt ~ an adm~tted squlty and • matter ot ~a
~olute nght to ~ald Mort~agee. and without reference to the adeyuacy or inadequacy ot the valW ot th~ prop-
erty morttaged or to G4e solvency or inaotvency ot u~d I?tort~aRor and ~or of the detendanta, and that ~uch
rent~, pro[~ts. Income, is~uea and re. enues shall be applied by su~h ReCelver ~ccordlnt to tl~e Ii~n and/or pWty
ot utd Mortsagee and the pract~ce ot auch court.
8. lt is understa?d and agreed that th~s mortgage ~s Riven to secure, in add~tion to the note or obl~gation
above descnbed any add~t~onal loans or tuture advances made w~thin tv?enty years from date hereut by the
mortgagee to ~aid mortgagors or any successor m t~tle ot said mortgaqors at the property hereby conveyed;
prov~ded tt~at tlie totai unpa~d balance ot the indebtedneu secured hereby at any one t~me shaU not exceed
the max~mum pr~nc~pal amount ot THREE TH~ SAND ~+IVE D~~a~ FIGH~+y Dollars
(S QI1 n 1. plus interes: therenn an~ any a~s6ursemen-Ts made~ tTie morTQagee for the pay-
mrn~A~t`aitles.`7~~FC or in~urance on the property encumbered hereby. w~th interest on such d~~bursements
IId WTTNESS VvHEREOF, the sald Mortgasor hu ~xecuted this mort~a~e under ual on the ~lay ~nd yeu
herein fint aDove ~?ritten.
1 , aealed and deUvered t A~ presence ot:
<<~~ (SFAL
lU )
, Ru ell R. Sch f
J nne Schaffner
STATZ OF..F.LQRIOA.-•• ~
ST LiJCIE ~
cotnv~r oF. - - i
' s~ro~. m. p.r.on.uy .ppe.r.a....._...~ussE.ll__.8.._Srhaffner---and-Soanne---SE~la~~~lei-,
i his wife .of 1254 SW 2nd Terr. , Pompano._.Beach~_.. FL....._33Q~Q...,.....,_..,......
~ to me well known and know~n to me ~o Ae the ~nd~v~dual g deacribed in and v~ho exect~ted tl~~ fore~oin~ instrw
; ment, and uknowled~ed before me that ~.he.y executed the eame tor the purpo~ea N~re?n e~tprwd.
E WTI'*IESS my han~ and oftlclal ~eal tlui.... .27.~~....._..day ot..__..__.~L1II@...._.._..._._._. 1~~~_
• ~ ~ ~
i
_
oc.n? ~,eu~ u~ .na r~ Bo~tfita I~arsen
; ch~ co~cy ana sc.a wronwa.
~ My~CO1TIT11YtOR~i~b1i<. S'r:ir.cf F?^f1~~'~lti.~
STA'TE OF_ _ - ~ • e
~ C_mr„~c -r E.•~.c~s
~ y .
.
COUNTY OF......_ ¢o:wrd Ly a-.:::can E~r~ L~~+'»~.~ s•
ST. LUCIE ~
~ -
~
? Beton me persoaally appeare3.._. . .
~
= ar~d ' W m~ w~D lmown aad
f . ~~~r~~...~~..«.~.. ~......~.~r....~.
~
i
" known to me W be tbe..._...._....._ .......................Prerdent and..---•--.._..._......_.._..•-•._....•-••--••---•-••••--.....__._...--••--• S~crrtar~
~
r respectively of th~ torponUon
~ nam~d ln the toresoins wtrum~a~ and knovrn to me to bs th~ penons wAo v ~ucb olDc~rs of salQ corpor~Uon.
3
ij
: eaecuted t1~e same: and then and th~» th~ Wa ..............•••-•----•-••••-•......-•--••-•-••--•••••••••-•-•--..._.....__.._..................aad th~ s~ld
~ ._._..._---._..~_...----_..~..d14 acltnowl~~ bKon m~ that ~alA
lnatrument Ii the tree act and dsed of idd corporaiion by them re~p~ctlvelr e:ecut~d a~ ivch otllc~rs for N~
purpoaes ther~efn expres~ed; that the ~eal thereunto attuhed la th~ rnrpocat~ Na1 br th~m in Wcs c~P~~~Y
- itscd: W under authortty In th~m duly veated by the Bosrd ot Directon ot sald corporsUoa.
:
; WITNS99 my hand aad oilfclal wal W~.. .._....•---••-•--•-...d~y ot...__._..._..--••••.........._......._------.._.._..~ IY.._--
p~
= _
_ fi~EU aN;, k:CUnDE~ Notar~ Pubuc ta and for
" ST. tUCii ~GUMTY FLA. ~~t~ ~ S~~ /?toe+~wd.
- RO.r,~~ Pr~iTRAS ~
;i CIEFKi•:`.f•lITCOURT ,~~L4 ~troomanlwoo~Ptew:
- p~r~}„r yrc• .f_Q
..rT.,.
~ ~Ill ZZ S 36 AM'76
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34o3i s 255 N~
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