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HomeMy WebLinkAbout0271 r T'Nat (~1 In t1~• ~ve~t ot ~ny breacl~ ot th~a mort~a~e o~ dctault on the pnrt ot tA• 111o~ts~~or, or ID1 t~ th~ event ~ny of sa~d •umi ot mortey h~re~n ~ef~rred to be not promptly ancf tully paiA w~tA~n ten day~ n~at after tt?e aame sevtrally become due and p~yable, vhtAout demand or not~cc, o~ icl ~n the e~•ent eacA ~nd ev~rr the ~t~pulat~ons, agreements, cond~t~on~ and rovenant~ ot a1~d prom,sso~ y note and th~s niurt~ase, a~y o~ tlther. ars not duly, promptly and tully perfo~med, diachargcd, ezecuted, e(tecled~ completed, compl~ed vinth and ~eid~ Dy, then. e~the~ or any such evenl, the u~J aggre~ate sum m~~nt~oned in ~a,d promisaory note then rcmauun~ unpa~d, with ~nterett accrued, ~nd all moaey~ aec~ired n. reby, ahall Mcome due and pa~•able [otthwith, or ther~- ~tter, at the option ot sa~d Mortgagee, as tully and cnmpletcly as it all ot the said sums of money w~r~ oti~in~lly ~t~pulated lo be pa~d on such day, snythln` in aaid p~on~~asory note, amt or in tA?a mort~aQc tn th• contnty aot- withstandin~; and thereu~on or thereatter at the opti~m ot sa~d Alort~asee. ithout notue or dcmand. ~ult at taw or ~n equlty, th~retofoce, or therealter De~un, may be proaecuted aa it all moneya aecured Aersby had matursA pNor W ib ~nstitutfoa Thst in th~ event that at the Deg~nnin` ot or at any time pend~ng any suit upon thls mor:sa~e. or to toreclose 1t, o~ to retorm It, and~or to entorce payment ot any cltima hereundec, sud Mort~N ~hal1 apply to the court havin~ jun~d~ctton thereot tor the appo?ntment o! a Recen•er, auch court ahW torthwith appoiat a Receiver ot said moKgaged property all •nd ~~ogular. includ~ng all and a~ng-~lar the ~ent~, income, proAta. lasuea and revenues t~om whatrver source der~~•ed, ea~ h and every o! k h~ch, ~t bang expressly understood, la hereby moregaged a~ it apeci[~cally se~. tortA and descr~Ged in the Rr:.nting and nabendum clausea hereot. and ~uch Rece~ver shall have all the broad and e[tert~ve tun~t~~ns and i~„~~~ra ,n nnyvv~se entn~sted by a court to • Recaver, and auch apF+olntm~nt ~hall be made by euch cuurt u~ sn adm~tted equtty and a matter ot ~a wiute naht to aald Mort~agee, and v~~thout refe~ence to the ~deyuacy or inadequacy ot the valw ot th~ prop- ~rty morttaged or to G'~e solvency or insolvency ot u~d I~tortRa~or and ~o~ ot the detendanL, and that auch rent~, proAt~. fncome. ~seues and retienues shap be •~~pl~ed Dy auch Rece1~•er accord3n` to the lf~lf and/oi ~quliy ot aald Hortsagee and the practice of ~uch cou~t. 8. lt is understood and agreed that this mortgage is ~[~ven to secure. ~n add~t~on to the note or ~bLg~tion above describ~ anti add~t~onal loans future advances made wlthin twenty years from date hereuf by the mortgagee to ~a~d :nortgaRors or any successor in t~Ue ot sa~d mortgagors oi the propeny hereby conveyed; prav~decl thTt the total unpaid balance of the ~ndebtedness secure~ ~hg~ ~ anv ~ne time shall not exceed !Se ma 7 16Up~~Ucipal amount of SF.V~T 1~ Q~ HIl~D~ ~lxl']E Dollars ~ . i. plus interest thereon and any d~sbursements made bv the mortgagee for the pa mrnt of taxes. levicc or ~ncurance on the property encumbered hereby. with interest on such disbursemen IIV WITNLS3 WHERLUF, tl~e said Mortgasor hu ~xecuted thia moet~a`e under ~eal on the day and yeu Aerein lirat aDov~ wrrittea. .~ealeA and dellvered tn the pnsence o~: / ~ - ~ l i i ~ `C.`• . ($FAI,~ , LL~-"~-" /~--E * Ma , ) ~~-r (SFAL ' Betty M~se~m ~ srw~ oF .F.L(?RIDA ~ a COUN'r~r oF. SP....LiJCIE--- ~ Hefon m~ p~raonally appeued......._. M3t~lEW N. Masem and Bettx Ma.sem, his wife of ~ . ....16841 SW 112th_ t7ourt, . Mi~ni~ Florida_. 33157 to me well known and known to me to Ae the ~ndividual .S deacnbed +n and who executed th~ fore~otn~ ln~tr~-, ment, and acknowted~ed De[ore me that ~hel7. e:ecuted the same tor the purpoies tA~re?a ucprw~d. ~ • ~ WTC:~iESS my hand and offtctal ~eal thi~.--....---27~1..._.day ot..__.._....-----`7t~'------••- lf__,76 : E ~ ' ~ = Notary PuDLc tn aad for ~ e the County and State Atoresald_ ~ - ~ My commfsdon expfrei: , _ y ~r~R,._ ~c C~ ar i S'1'A'TE OF.. F~ILaA • _ _ , ~ , ~ S'P. II.ICIE sa. Mr c..,:.~,,:;~,,. t.~ c. ~ _ C.'OUr1~I'Y OF......_. . otrc~?eJ br Arr.er~..n i.re L Cro~.e:~Jey ~ . ~ Betor~ me personally appeared.-- - a ~ ~ ~nd W m~ w~ll Imown aad ~ ` known to me to De the ..............._........._...._....._.Pre~:deat and......._.._....___.__.•---_.._._._........._..-•-••-..._..........._•--.-.•• S~aytar~ ~ r respectlvety of .........................._....---•-----•••-•._....._.____._..._..._.__._.r._...____.-----....____.._..---....._. t!u corponUon ~ n~m~d tn the toresoins initrumwC, and known to me to be th~ psrson~ wDo a~ ~ucJ~ oMc~n o! ~ald corpar~tlon, ~ ~ - . ' executed the same: and then and th~» th~ ~aid • . tad th~ ~a14 ~ .....••.--.............----._...---_._.._.~._~.._.~..___.._......_....._..~--•---._......__did ae][nowl~~ b~ton me that sal4 " lnstrument 1~ the free tet and deed of u1d corporation by them n~p~etively executed a~ ruch oMc~n tor W~ _ purpo~ea th~rein expreuM; that the seal Nereunto attached li th~ cotporat~ s~al by N~m in Wc~ capacity at- tlzed: W under autAority In tham duly ve~ted by the Board of DirecWra ot ~afd corpontlon. 4 WITN~.gB my Aand aad ofAclal Mal W~.-.-_--•~--•---•----•...~d~y of..._..----_..-----....•-•--•__._...••--..........._... 3Y---- fILED ~!~t: M~C~R~EO ~ fT. IUC~C C~JkTY FLA. t ' R~~~ ^~11TR~$ R Notary PubUc ln aifa for ~ CI.ERK C~ ^.UIT CC~Rt 4•~~ LM Ca~atp and atat~ Atot+rald. ~ p E ~ ~ y ~ . , ~ ~ ~ ~ Ky ooma~la+~ton aspirw: ~ ~ ~u~ 11 ~ kl p~ ~"r6 .F ~ 340~22 ~ :h ~ r'~` i FAGE ~~9 ~ ~ ~ 4? _ ~ _6 2 . . . . . . _ . _ . . . _ _ _ ~ . ~ . .:?.":3