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HomeMy WebLinkAbout0301 - ~ : - • Ttiat In th~ ~vent ot any DieaeA ot this lnortsap o~ detault on the p~?rt ot N~ I?torts~~or, or 1p~ ~a U?~ event any o! uid suma ot money here~n ~ehned to be not promptly and (ully pa~d w~thin ten day~ e~sR atte~ the aame ~everaUy become due and payable, w~thout demand or not~er, or ~c? ~n the e~•e~t escA •nd ~v~ry th~ ~t~putations. ~greemenb, cond~tions and covenanU ot s.1~d ptom~ss~i y note ~nd tha mr,~t~~e, sny or tlther. ar~ not duly. promptly ar.i tully perto~med, d~sch~~ged, executeQ etfected, compieted, complied vmth and ~D~4~ by, tAen. ~n e~tAe~ or u?y such event, the suJ aggregate sum mrnt~oneA ~n sa~d promissory note then rema~run~ unpa~d, w~th ~nterett acerued, •nd all money~ x~ ~~red h. reby, ahali become due and pa~•abl• lorthwitA, or th~r~. ~lter, at the opt~oa of u~d Mortgaqee, as tully and comptetcly aa 1f all ot the aaid suau o! money w~n orit~eally ~t~pulated to be pa~~ on auch day, anythlnr aa~A pron~~asory note, an~i or 1n th~s mottg~`e to th~ contrary not- withatandinr; and thenu~on or therestte~ et the optu~n ot sa~d I?fort~asee. ~~•~thout not~ce or demand. ~ult ~t law or in equfty, th~retofors, or the~eatter be~un, may De prosecuted as ~t all moncys ~ecured Aereby had matu»d prior to its ~nstitution. T. Thst tn ths ever~t tha2 aC the beginni~s ot os at any tlme pending any auit upon thia mor:ea~e, or to torecio~ it, or to retorm It, andro~ to enforce payment o[ any cl~?ma hereunder, uid Mort~N ~tt~l1 ~pplr to the court havin~ junsdictlon thereot tor the appo~ntment ot a Recei~•c~, ~uch court shall torthwiW appoiAt a Recefver ot said mortgaged property all and a~ngular,• including all and ~~ngular the rent~, lncome. prof~ti. fasues and revenues irom whatever source denved, ea~ h and ev~ry ot w~h~ch. ~t Deing expres~ty understood. 1a hereby mortgegcd as if spec?[~cally ser torth and descnEed in the ~r;~nt~ng and habendum clausei hereof. atfd ~uch Receiver shell Aave ~11 the broad snd etfect~ve tunct,nns and i,u~~~~~ ~n anyw~se entrusted Dy a court to a Rece~ver, and auch ap~+o~ntment shall De made by such cuurt as an admttted equfty and a rn~ttes ot tp- ~oluta n6ht to aald Mort~aRee, and without reterence to the adequacy or Inadequ~cy ot the valu~ ot th~ prop- trty mort`aged or to ~tie solvency or ~nsotvency ot uid 1?tortRaRor and ~er ot the detendanb, and that ~ucA rents prohti, Inceme. ~a~ues and re~enuea sha11 be a~~pl~ed by such Receiver accordins to tA~ Il~n aAd/oe ~quity of uld Mortsagee and the practice o! such cour[. 8. lt is understood and agreed lhat th~s mortgage ~s R~ven to secure. ~n add~tion to the note o~ obLgatiun above descr~brd any add~tional loans ~r tuture advances made within tu~enty years trom date hercuf by the m~rtgagee to said mortgagors or any successor in t~tle ot said mortgagors ot the property hereby conveyed; prov~ded that the total unpaid balance of the ~ndebtedness secured hereby -at -an,~r_qn~~(n e shall not exceed the m xi m~pl inc?pal amount ot N~~ ~~~Nj'~ u`~ Dollars ' tS ~ 9~~.UU I. plus terest thereon and any d~sbursements made by the mortgagee for the {,ay- mrnt o~ taxes. levirs or ~ncurant~~op the property encumbered hereby. with interest on such dubursements. /~ie IId WITNES3 WHEREOF, tAs sa14J~p~taa4or Au •aecuted this morttat~ under seal on tAe ~fay and yeu Aere~n lirst aDove wrtitte~ 9l~ned. ~ealed and dellvered tn the presence of: R~C`n ` Y~~~~O ~ K.~L ~5~~ . J J ~ ~ (SEAL) ~Y STA'r~ OF..kT~?RII~A.._. CUL7NT7i OF. ~ ~ ~ seror. m. p.:.on.uy ap~.r.a..._...~~?!~s_ J~~~?~1eY.__~. Ja°c~uelu~e. Hinct~cy~ his wife of , . ; 14900 SW 86th Ave. Miaani,, ._Florida 33158 E to me wdl known and know~n tn me !o hc the ~ndividual S. descnbed ~n end who extcutcd th~ fote~oittt /n~tru- ment, and acknowled~ed betore me that ~ hey. executed the ~une tor the purpo~_~ th~rcw ucpr~ss~d. ~ WITNESS my hand and ottlcla! ~eal thi~.... ~.~p_....._.day of._._.__~. V•~-~•._.._ •I1.~a~ 3 ~ % ~ --~.Q,.,~~.~.l~..._1,~..,... s Notary PuDLc in ~ad tos ; . ~ the Countr and Sbb Aforeaald ~ E . . My commtwion e.xpire~: . ' ' - ' # STATE OF . FIARIOA . . _ ' ~ ~ ~s. ~ ~ CoUM'Y OF._ST. U1CIE-----------------~ G~ i.a..,..~- ~fU 1 ~ Befor~ me personWY •PPe~red-••-- • ~ . ~11b "__.__._.._"'..__......___..y f0 m~ w~ll IQ10M?n a1ld ~ u ~ known to me to Ds the...••---••-•---- .......................Pr~dent atfd......_......~._...._...-•----•---........--•--......_...----•_••------•--- 8~cntae) ~ ; reapectively ot . .......................•---...._.-••--._..__...w--------°---•-...~...._......__....._._.._._.._......_. th~ corponUoa ~ ~ nam~d 1n the fore~oins us~trum~nt, aad known to me to be th~ ps~ who a~ rucD otDc~n of aatd eorporaUoa. ~ ft executed the aame: and then ar~d th~n th~ uid....._..--•-...-•--•-•--•--...-.-•-•-•---•---.._..••••---••-•--•...---•--•.......---•-..--•---....~ad tha a~14 . - • ..~._.r......_....--••--....._.~_.~..dtd ac~mwl~~ bKo» m• t2ut said tnstrument ti the tree act and deed o! aald corporatlon Dy them nsp~eUvely exscutb u~ucD otAc~n for th~ ~ purpo~ei therefn expreased; that tAe ~ea1 thereunto attached li U?~ corporat~ Nal by th~m tn 1ik~ capaelty af- ' ttued; ail und~r authorlty In th~m duly veated by the Soard of Dlrector~ ot aaid corporatfon. ~ ~ ; WITNS.98 my hand aad oftlclal Nal W~.........••-•-----_.._..d~y of..........__.--• lY..--- ~ FItEO ~NO ~EC~ROEO ST.IUC'E ~~UNtY fLA. ~ c i a A S Notar~ PuDUc in and for CIEkR C: 'rt:''T ~,..RT cn. co~h? ana aua wror...~a. ~ c• c K~ r Yy ocmmladoa s=ptrw : ~ .j, 2~ ~ 56 ~ b ~ ~UL ~ ~ ~ 34033'7 f'r ~ PACE ~ rtie~. 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