HomeMy WebLinkAbout0289 d. Tl~at (al In t1~~ ~vent ot ~ny Ereac?~ ot this mortga~e o~ detault on the pnrt of the I?tortsa~or, or IDI ln
th~ event any ot uid suma ot money hare~n reter~ed tn be not promptly and fully pud w~thin ten daya next
attee the same sever~lly become due and payable, w~thout domand or not,ce, or ~cl ~n the e~•e~t ~eacA and every
th~ stipulations, ag~tementa, cond~t~ona and covenanq ot a.~~d prom~aso~y n~~te and th~a mu~t~a~e. any or eftbet.
u~ net duly, promptly and tully pertorme0, d~achacged, executed, effecteJ, com~~leted, comptud v?nth and abided
Dy, then. i~ e~the~ or any such event, the said aggregate sum m.•nt~ened m sa~d promissory note then remsuun~
unps~d, with intNreat accrued, and all moneys xc~u ed h. reby, shall becume dne and payable lorthwith, or thete-
after, at the option of aaid Mortgaqee, w fully and compietely a~ ft all o[ the said sunis ot money wera originally
~t~pulsted to be pa~d on such clsy, anything in ~aid pronussory note, an~i or in ihia mortgage to tht contruy not-
w~tAetandfng; and thereupon or thereaitee at the optu~n ot sa~d blortFaqee. ~~•ithout noGCe or Aemand~ ault at
law or in equlty, th~retofore. or the~eafter be~un, may be prosecuted at it all rhoneys aecured heteby had matund
peior W ita instituUon. o
7. That tn t1i~ eveat that at ths Deginnipg ot or •t any tlme pending any auit upon thL mor:`a~e. or to
foreclose it, or to ntorm It. and~or to enforce payment ot any cla~ma hereunder, safd Mortga~e~ ihW apply
to the court hsvins ~uriadictfon thereot for the appolntment o[ a fteceiver, auch court ahW tortl~wltR appoint
a Recelver ot satd morisaged property all and singular, including all and a?ngulu the rent~. lncome~ prohta,
Wues and nvenues Lrom whatever wurce derlved, ea: h and e~•ery o~ which, it be~ng expreasly understood. fa
hereby mortgagM as if specificaliy set torth and deacr~ted in the Rrant~ng and habendum clausea hereoi, and
~uch Receive~ shaU have all the broad and e[fecUve funct~~ns and t~u~~•e~~ 1n anyw~se entrusted by a court
to a Recelver, and such spF?ointment ehall be made by auch cuurt as an admitted equity and a matter ot ab-
wlute riaht to sdd I?iort~agee, and wfthout reterence to the adequacy or inadequacy ot the valua of th~ prop-
~rty mort~aged or to the solvency or in~olvency ot said DtortRagor and ~or ot the detendanta, anA that iuch
renta, protits. lncome, i~uea and re~•enues shsll Ge a~~plied by such Recelver according to tlie 11en and/or equity
of ~ald l~tortaagee and the practlce ol such court.
8. It is understood and agreed that this mortgage ~s Rive~ to secure, in addition to the note or obl~gation
above described any additional loans oc future adva~ces made w~thin twenty years trom date hereuf by the
mortgagee to sa~d mortgagors or any successor in title o! said mortgagors ot the property hereby conveyed;
provided that the totai unpaid balance ct the indebt ne r t o i all not exceed
the maxim m princ~pal amount of ON$ THOUS~ ~D ~~~QS~ Dollars
(S 1,90~ plus interest therenn and any disbursements made by the mortgagee for the pay-
mrnt of taxes, leviee or insurance on the property encumbered hereby, with interest on such disbursements.
II~I W1T'NE53 WHEREOP', the safd Mortgaaor he~ executcd thls mort~ags under ~eal oa the Jay and yeu
. herein firit above ~rrittea
9laned. aealed dellvered tn tne presence ot:
. ~r - R (SFAI,)
(SFAL)
4 O
STATE OF..F~/C~RRIAA ...................1 ;
_ } ~ .
COUNTY OF.-.ST-:.- LI~IE---------------- ~
~
Heton en~ p~rsonaliy appeare~__.~~RY__MERRITT and ROSETTA MSRRITT, his wife
~ of 5735 Kingsgate #A, Orlando, Florida -•-•~-•~---••-•~••----~-•-•M~
to me weli known and know~n to me to t,etthe_indlv~dual.s descnbed in and who executed t!~ foregofnr Instrq~-
' ment, and acknowledged Defore me that ._..heX. executed the ~ame tor the purposes tharan ezpreaaed,
~
i ~
~ WITNE53 my hand ~,a ornci~ .~v cr~s..23rd .............aay or...A~P~I.~------.......-- 1~:~6
k ~2'. "
E ~nnita._ L,a~...._., _
! .
s Notuy PnDLc !n and for . .
; the County and State Aforesaid. - - _ .
t My commfsafon e~cpfrNr+d~~ /r?Ik, i~ae ei Florido a~ /b.p.
~ STATE OF... . M~ Gmm:uien Enpln~ A~xil b," 19~
' ~a.
~ covrrt~r oF.. ~'I'. LOCIE ~«~•r ~r ~•~w~ a ca,~t~r cw
~ Befors me per~onally appeared
~
~ and W m~ well la~own aad
~
~
, known to ms to be the •--...._._Pte~ldent aa~._..__...._... S~cretar~
~
~ respectively of th~ corporaUon
~ n~med 1n the foresoin~ ir,atrumaa~ and known to me to be !h~ peraoruAwAo a~ rucA of!lcsn of sald corporatloa.
~ executeA the ume; and then and th~» the ~aid ..................-••-•--........_.......•---•-._.............---..._............•••............aad th~ said
' ._......_...._..__...._._.._..r_did acluwwl~s Mfon me that uld
3
~ instrument 1~ the free act and dsed of add corporaUon by them nspecUvely exscuted u nuh otAcers for th~
Purpoaea theretn exprea~ed: that the ~eal thenunto atiached fi th~ corporat~ ~eal by them in Wc~ capaeity at-
= fUced: all und~r tuthortty fa th~m duly vested by the Board of Dlnctors ot aatd corpor~tlon.
i
~ WITNSS9 my hand aad otltcW wl W~....-•---•-..___._.---.d~y of........._._.._...__._ 1~.._.._
.1
~ fitED 4N'_' `EC~P.DEO
ST LUG?E C~UNTY FLA.
; ROCEF t)11~~S ~ Notary PuDUc in and for
5 CIEf.K f.ti•~Ui? CCURT r ~ C~tY and Stab Atorrald.
~ p c ~ v_ E p f[y oonaazl~doa sspfrv:
~
e~ ~t ~ 49 aM ~~s
~ -
~
34033i
~ ~ ; _ ~ z55 PAGE ~
~~a
_ ~ . _ - . . _ 3__ _ ,~=v