HomeMy WebLinkAbout0317 A. That ta) In th~ event ot ~ny Dreacl~ ot thia mortga~e o~ detautt on th~ pRrt ot the 11to~t~r~or, or I bl ~ ta
th~ event any ot u~d sums ot money h~ran ~eferred to be not promptly and lully pud w,chin ta~ d~y~ ee~tt
~tter the same sever~lly become due and payable, v~nthout demand o~ not~ce, or ~c1 in tl~e e~•ent each and every
th~ at~pulaUOns, agreeme~b, cond~tions and rovenanW o! s:tid p~omissmy nutt and th~a niu~t~~ge, a~y or either,
ar~ not duly, promptly and tuUy performed, diacharged, executed, ettectcd, com}?leted, compl~ed v?nth and ab~ded
py, then, in e~ther or any such event, the saiJ aggregate sum m~~nt~oned m sasd promassory note then remauun~ ~
unpa?d, with intCreat accrued, and ail money~ ae~ured h~ reby, shaU becume due and pa~•able torth~vith, or there-
~tter, at the option ot aaid Mortgagee, e.s Iully and compietcly as i[ all ot the sa?d ~ume ot money w~ere orl~inally ~
sUpulated lo be pai~ on auch day, anything in ~a~d ~ron~~ssory note, ami or ~n th~a mort~sge to tM cont~uy not- '
w~thstanding; and the~eupon or therea[ler at the opt~~~n ot 4a~d Aiort~agee. ~~•ithout notue or demand, ~uit at
law or in equlty, thtretofors, or there~tter begun, may be prosecnted as ~t all muneys aecured henDy had matu»d
prfor W its inatitution.
7. That in ths event that at the beginnin~ ot or at any tlms pending any autt upon thls mor:ga~e, or to
forecloae it, or to raform !t, and; or to enforce paymneat o! any cls~ma hereunder, said Mortgsgee ihali apply
to the court havine jurisdiction thereoi for the appo?ntment of a Recejti•er, such court ahall fotthwith appoint
a Receiver of said mortgaged property all and s~ngular, ~nclud,ng ali and aingulsr the rent~, Income, profita,
Lsuea and revenues t~onn whatever source deri~•ed, en: h and e~•ery o( whuh, it De~ng expressly undetatood. 1~
here4y mortgaged aa if specittcally set torth and descr~ted in the ~ranting and habendum clausea hereof. ind
~uch Receiver ~hall have all the broad and e[fect~ve funct~~ns and ;~~,~~~r~ in anyti?:se entrusted by a court
to ~ Rece~ver, and auch ap}~w~ntment ~halt be made by auch cuurt x~ an adm~tted equlty and • matter ot ab-
wlute rlght to sald Atortgagee, and without reference to the adeyuacy or inadequacy ot the value of the prop-
~rty morttaged or to the aolvency or insolvency at said ASortRaRor snd ~or o! the defendanU, and that aucA
renta, prof~b, fncoma, isnu~s and r~~ enuea shall br aE~pl~ed Dy such Recei~•er according Lo the lien and/or eqWty
of uid Mortgagee and~ the practlce of ~uch court.
8. It is understood and agreed that th~s mortgage ~s R?ven to scrure. ~n addition to the note or :,bl~gatiun
above descnbed any additional loans or future advances made with~n tv?enty yes?rs from date hercn,f by the
mortgagee to sa~d mortgagors or any successor in title of said mortgagors of the property hereby conveyed;
prov~dc~l that the total unpaid balance ot the indebtedness secured hereby at va~n _or~~ ~ ha~ ryq ceed
the max~mum principal amount ot ~g~ ~~TSANp FIVE H[JI~~ F•ICstl17(-~1A~ N~3/1~~~ars
<S 3~rj$2.~~ 1. plus interest therer~n and any d~sbursements made by the mortgagee for the pay~-
mrnt of taxrs, leviec or in~urance on the property encumbered hereby. with interest on such disbursements.
II~1 WTTNLS3 WHEREOF, the sald Mortgaaor ha~ executcd thla morteage under aeal on t?:e day and yeu
Rerein lirst above wrrlttea
3lsned, aealed and deliv in e presence o[:
.
. ~
~t''~ . < ~ is,C%~r ~ ~ (sFAI..)
, S , PR~CC~3CC. ~
. ~ ~r l~ ~ . (sFAi,)
r~.
B~~Y' J. P`~QC
s~rw~ og.k'~RIAA
SI' LUCI _
covx~r OF--------'-•---~----~--E............ ~
I' Befor~ m~ p~nonally appeared.----••---•-•-•--LQU.~S_. ~T_,__~~AG.~K f._.
JR._._and_.BETTY J. PTACEK,
' ._his...tntif~.~___4~_._E,~__..0....__~Qx_._ 3~96,_.__Ft._,__Pierce_,~_..Florida
:
to me well known and know-n to m~ ;o he the ~ndivtdual.._. descnbed in and who executed the toregoln~ in~tru-
i ment~ and uknowledged before me th~t ...-he_... executed the same tor the purpoaes theraa expres~ed.
f
t WITNESS my hand and oft~cta~ sea! uua.... .18_th.........~y o..._.P.pril.._...--•- - ~ 76
~ ~/ll/J~II~I~ ~
~ ..risci e ing._on. - . .
~ ' Notasy PubLc 1n aad for •
~ the County and State Aforesald.
My commtssion e:pires:
~ STA'I'B OF. FTARIDA ' . , : ; _ . _ . . .
- . _ ~ . . ,
` ST. IIJCIE ~a. - . ~ ~ . , ~
~ COUIVTY OF-- c r ' _ `a , .
.
~
~ . t.•. . . ~_,.~:;T , .
~ Betors me personaUy appeareb.......-----~--..-.-•-•. -
Y
~ and.--•-.•••----~ W m~ w~ll lmown aad ~
~
~
known to me to be the.••-•---••.--•-- .......................Pre~:dent and...._.._-••---..•••---__._.._.-----...••-••----....---•---•-------.........._. 8~csetar7
~ reapectlvety of . ...._.._..._..........•---•°•---......._.........__.._..r_._...-----._.~._~..---....••--•..._._.._._....._, ths corporatlon
named tn the Loreaotns ilutrum~ut, and known to me to be the person~ who a~ auch oMcen ot uld corpontton.
a
~ executed the eame: aad then ~nd th~ro the sa1d .................._.....----•-••--•--•••-......._...._._....--•---._......••--•-----..........._.and the ~afd
~ .~y~_.r....__. ....._._..____._..dld acknowladse b~fo» me Uut said
instrument Is the free act and deed of ~dd corporatton by ihem respectlvely executad as such otticers for th~
~ purposea therein expreised: that the sea! thereunto attached 1~ Ne corporate seal bq them !n Wce capaclty at-
ftued: W under authorlty In them duly veated by the Board of Directors ot u1d corporaUon.
=j
WITNE,'38 my hand aad o!lfclal ~sal Ws.........._._.~._...._day ot..._._.._._.._ lO_._..~
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f~~EO a,~ RECuR0E0 - -
~ SL iJClf. ~ ~UNtlr F~~. Notary Publlc tn ~nd for
y' 4e[._,: rr,:TR~c Uu Co~mty and Stab wtorwid.
~ CL~RK ;;:~CU'T CbURt Yy ~p~:
~ R f~~~_: , ~b
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~ Jdl 11 9 O1 A!!' Je
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~ ~~a~44
~4 C r~ 2~5 F,~~E 315
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