HomeMy WebLinkAbout0311 'Ihat 1~1 In th~ ~vent ot ~ny breach ot tAu mortgas~ o~ d~fault on the p~?rt ot the 1?to~ts~~ot, or 101 t~
N~ evei~t any ot ~a~d ~uma ot money h~ran rettned to be not pramptly and fully paid within ten d~y~ n~at
after the aame severslly become due and•.p~y~ble, v~nthout dem~nd or not~rc, o~ ~cl ~n tt,e e~~ent each ~nd ewry
N~ ~tipulat?ona, as~eements, condit~on~ ~nd•rovenants ot aa~d prom~asniy n,.te and thia m~,rt~a~e, aey or elther.
~r~ ~ot duly, promptly and tully performed, d~acharged, executed, et[ecte.l, complcted, compl:ed v?hth anA se~db
by, tAen, te e?thl~ or a~y such event, the sa?d agg~egate sum m~•nt~oned in s~~d prom~saory note ths~ remauuns
unpud, with irtterest accrued, and ail money~ aecured h~reby, ihall becon~e due and payabl~ lorthwitb, or tbtr~-
atter, at the optioe ot sa~d Mortgagee, aa tully an~l c~mptetcly a~ ~t all ot the aa~d sun~s ot money w~r~ o~is?n~llr
st~pulated to be pa~~ on such day, anyth~ng ~n ~aid pron+~a~ory note, ami or ~n this mortg~~e to tM contrary eot•
w~tRstandina; and thereupon o~ thereatter at the optu~n ot sa~d ~lort~agee, ~~~ithout not~ce or demand~ ~Wt ~t
law or ~n equlty, thtretofors. or the~eatter be~un, may be prosecuted aa ?t all moneya ~ecured hereby had maturb
prto~ w its ~nstiwtion.
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7. That In the rvent th~t at the Deginnlns ot or at any time pend~ng any suit upon thb mor:~a~e, or to
foreclose it, or to retorm It, and~o~ to enforce payment ot any cla~ms hereunder, said Mortsase~ ~hat! apply'
to the court hav?ns juri~dictlon tAereof tor the appantment ot a Rece~~•e~, auch court shaU forthwitA appoint
a Receiver ot eaid mortgaged p~operty all and amgular, including all and s~ngulsr the nnti, Income, prohU,
lques and revenuea t~om whatever source derlved, ea.•h and evri•y ot w~h~ch, ~t being expres~ly undentood, fi
Aereby mortgaged a.s i[ specitrcally se~ torth and descr?Eed in the Rranttng and haDendum clause~ henof, and
~ucA Rece~ver shall h~ve all tha braad nnd effecuve tunch~ns and ;~~,~~Pro ~n xny~+~se entniited by a court
to • Rece~ver, and auch aF~+c~~ntm~nt ahall Ce made by such cuurt a~ an ~dm~tted equtty and a matter o[ ta
wlute r~g~?t to sald Mort`~ee, and w~thout re(erence to the ~deyuacy or Inadequacy ot the valu~ of th~ prop-
•rty mortiaged or to Ghe solvency or inaolvency ot uid rtort~aRor and %or ot the detendant~, and that ~ucA
renL, profits. Income, ~s~ves rnd rPti enues ~hall ~e a~~pLcd by aucA Recef~•er accordin~ to tAe li~n and/or tqulty
of iaiA Mort~agee and the practlce ot ~uch court.
8 It is understood and agreed that this mortgage is R~ven to secure, in add~t~on to the note or obl~gation
above described any addu~onal loans nr future advances made w~th~n twenty years from date hereof by the
mortgagee to sa~d mortgagors or any successor in liUe ot said mortgagors ot the propert~ hereby conveyed;
prov~decl that the total unpa~d balanc of the ndebt_e_d 3e~ecu ed re at~a
~o~n~ ~me shall not exceed ~
the maximum principal amou~t ot ~1~ ~~~Y
Dollars
(S 3 82~n~ plus interest thereon and any d~sbursements made by the mortQagee for the pay-
mrnt of ~axes.-lev~~s or ~nsurance on the property encumbered, hereby. with ~nterest on such dubursements
IId WITNES3 WHEREOP', ths sdd Mort6ssor !~u ~xecutcd thia mort~ase under ~eal on the ~fay and yesr
here~n fint aDov~ writtea
91Sned, aealed and deUvered fn tAe prexnce o[:
~ j.
~e~~l,.~. - ~~rl~;~ /n (S~I..)
` J P
~ ~ ` ~ .
- ~1 (sF~I.)
' Payne
&TAT'a OF_~'LQRIDA ~
~a -
covl~TY oF ST.---LUCIE.. . _ . ~ -
i Heror. m. p.r.onauy .ppe.roa----.._Joi~_.P.~yAe_s~d.~id.fi~l.7Le..~d~f...~. ~e
; of 307 Fern Stieet, Jupit~er, Flari~]a 33458
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~ to me well known and know~n t~ me ;o Ae the ir.div~dual .g descnbed ~n and who executed th~ fore~olnt lnitru-
E ment, and acknoKled~ed before me th~t -the.~ executed the same for t!?e purpo~es th~re~n ~prw~d.
~ WTI'NESS my hand snd ottlcla! sea! Uu~.. ..---......_......dsy oL...aT1II1~_ •.l~;~b, • .
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~ Noc.ry Puouc t„ aae ror '-J~ M. ff~ieris
tne councy ana saa wtonsa~a
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~ ~ My commlision euptre~: ~ ' ~Q.
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FLDRILIA
~ s~rw~ og.
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ST. LUCIE _ -
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COUNTY OF. - • ,
~ Beton me persoaaUy appeared . ,
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~ ar~d.....--•-• W m~ w~U imown aad ~
~ known to ms W be the-••••- .............•-.PrM:dent and..-•-••_--_.._.._._.._.._._._........-••...-•--•....__._.._..._••------•...__ 9~cr~tar7 .
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' reapectlvely of • . CA~ corporatlon
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nam~d fn the fore~oins in~trum~nt~ and known to me to De th~ p~rwzu wDo a~ ru~ oMc~» of safd corpotatio0.
~ ~ -----....~a eh. ..~a
e:ecuted the same; and tAen and N~n th~ uld.................._..-.-•--•....._....•-••
' ..~..me .clc~?o~vl.as. e.ron m. wc ..la
; lnstrument li the tree act and deed of said corporstlon by theen re~p~etively executed ai nuh otActrt !or th~
_ purpwe~ therefn expreased; that the ~eal thereunto attuAeA ti th~ corporat~ Na1 by thsan in Wu capacfty a!-
- t1uM: W under authorlty fn them duly vqted by the Board oi DlncWrs oi sald corporatlon.
`z WTTNt88 my hand aad oflictal Mal W~ ..----.•-••._.._.__..._.day of.____....._.__ . lY••-•-
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~ tu~i~ „~uNtr r~~. .
s Notarr PubUc tn and for
NCui_:, n~`T~;~ th~ C.out?tr atld Sbt~ Atorvald.
ClEur, L'~ .:;~,~T C~JUl~T ~
; F f n At E ~ ~ ` ~ f ~ ~...~.•.•r Q 1ty ooenm~lon ~ptiw :
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~0341 ~55 P~~E 309
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