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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_._..~ r r ~ ' ' " _ 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 ~ ~ Jdl 11 9 O1 A!!' Je ~ . ~ ~~a~44 ~4 C r~ 2~5 F,~~E 315 . , . ~ ~ _ ~ ~ ? ~ ; 3Y .r___._ _ _ . _ . - . - ~~~5;