HomeMy WebLinkAbout0029 'l~at 1~1 In th~ ~vent o! any DreacA ot tA?s mort~a;~ o~ dtf~uft on the pwrt ot Nt 1?tort~~~or, o~ 101 t~
th~ event any ot uid •umi ot money htrcin reterred to be not promptly sn4 tully paid wuAin ten day~ neit
atttt tAe same severally Decome due attd p~yable, wntAout demand or not~ce, or ~c? ~n the •~•enf eacA ~nd tv~ry
th~ •l:p~lauons, a~reeme~t~, cond~t~on• and rovenanU ot aud promuso~y note and this uu~rt~aje, any o~ ~Ithe~.
ar~ not duly, pmmptly and tully perto~med, d~scharged, executeQ etlccted, completed, compi~ed with a~ ~e~d~d
er. then, ~n athe~ ot any such event, the auJ ~~gregate aum m~•nt~o~ed in sa.d promis~ory r?ot• tAen rems~n~rt~
unpud, w~th ~nterest accrued. •nd all money~ ucured reDy, shslt Decom~ due and pa)abl~ torthwith, or tf?~r~-
atttr, at the opt~on ot sa?d 1?tort~agee, u tully and cnmptetcly u it all ot the sa~d ~un~s ot money w~n o~fsinslly
~t~pulalcd to be pa~~ on such day, anythtns in said pron~~ssory notc, an.! or In th~• niorl~wse to th~ conttary aot-
w~thatandfnr; and thereupon or there~ttee at the opt~~~n n! sa:d :?tort~aree, ~.•ithout nouc~ or demanA~ ~uit at
law or ~n equity, th~retoton. or thereatter oe~un, may be prosecuted aa all moneys iecured hereby had matur~
prior W ib ~natitutlon.
T. That !a tAe event that ~t ths Deginnfn` ot or at any tlme pending any suit upoa thb mor:p~e. or to
l~rret!+~ !i, or io r~tor~n !i; 3nd: ~r io e3lg~sa ~a~rrlt2E i~! 3Ff~ C:Ststa ~gra:.::1~cP, 's~ic~ ~uftsssss ii~si~ iDpiy
to the court h~vin~ ~uti~dictlon thereo[ tor the appointment ot a Rere::er, auch court ~hW IorthwltJl appoillt
a Recelver ot said mortgagcd property ~11 and amgular, ~ncluding all end 's~ngular the rent~, fncoene, prohU, i
luucs and revenues trom whatrver iource denved, es,•h and ev~ry ot MM1CZl, It De~n6 e~cpraulr undentood, p
hereby mortgaged m it specif~cally aef torth and descnGed in the Rr:int~ng and haEendum clauaea hareof. and
wcA Aecelver lhall Aave W the broad and ef[ect~ve tunch~ns an4 ~~u~cPrs ,n anywi~e entnutM by a court
to ~ Rece~ver, and such appo~ntment ahall be made by such cuurt u an adm~tlcd equlty and a matttr ot ab~
wlut~ risht to sald Mortpgee, and v~nthout ~eterence to the adeyuacy or fnadequ~cy o! the valw o! tM prop-
~rty mo~t~ated or to G`~e iolvency or insolvency of ~a1d NtortRaRor and ~o~ ot the defendanta, apd tl~at ~ucA
renb, prohts. fncome, ~aaue~ s~d re:enucs shsll ~e s~~pl~ed by such Recel~•er ~ccocdins to tM It~n and/or pulty •
o! aald Idort~aste and the prsct~ce ot such court.
8. It u understood and agreed that th~s mortgaRe is Riven to secure. In addiUon to the note c,r obLgation
above descnbed any add~Uonal loans ~r future advances made w~thin twenty years from date hereuf by the
mortgagee to sa~d mo~tgagors or any successor ~n t~tle ot said mortg~gors ot the property hereby conveyed:
prov~ded th~t the totai unpa~d ba~nce o th~~~~1~Wtt~IA~H~xE:~ ~me~~l not exceed
the max~mum pnnc~pal amount Tf~ Dollars
4 482.~q plus ~nt hereon and any d~sbursements made by the mortgagee tor the pay-
mrnt dt taxes, ev~~~ or insurance o~ t('Fpperty encumbered hereby, with interest on such d~sbursements.
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~1 WITNSS3 ~VHERLUF, Ne ~aid Mort~Au •xecuted thts mort~a~~ under ~eai on t~e Jar and yeu
!4!s't:n !ii'!i =L+Qre !+?!"lii~
9fsued, ~ealed and dellvered tn the presence ot: ~R~O
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E112c~~'1 M. `I"~L77nYI~S
8TA'i't OF .~T~QFZIAA - ~
cotrt~r~r oF. ST . ...LUCI
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~ Belo» ea~ P~~Y aPP~u~...-...---~TOS6~i•+I.~-7.T3irm~euc -and-- Elizabeth.I~.--~hi~s.,_his..~tife
! of _956_. 22r~d._ Ave...~._Vero.. Beach-~---FL----. 32960.--....._.
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{ to me well known and know~n to m~ !o Ae the individu~l .S deacnbed tn and w1?o e:ecutM th~ tore~oin~ ltutrtM [
I ment, and acknowied~ed betore me ihat .the.y executed tht same for the purposes N~re~n s=pr~ss~d.
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WITNES3 my hand and offlc~~l ~eal tiut.... 3YC~ ..............day of...__._~~.......--•-••-.. _.y..:......, l~
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! - Notary PubLc tn aad fos ~
~ the Couaty and Stat~ Af6e~eaald:~
~ 1Ky commt~ion e~cplns: . ~ J '
g 8'TAT~ OF F7ARII]A ~~,~,.t F~.... S:_ ,
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~ Betor~ ms penonWy appeared......_.
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~ known to ms to be the.......-- -.Pr~Mdent and._..-••_-•-------...._._. .~cr~tat~
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; nam~d tn the toresofns instrum~nt, and known to me to bs tla p~r~on~ wAo v~u~ ofsc~r~ ot aa1Q eorporatton.
e:ecuted the ume: and th~n and th~n th~ wa ....--.-.--........_........_...---•--...._...__..---•...___......._............_aae t~. we
x ...._.d1d ackaowl~~ D~ton m~ Uut ~ata
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- instrument t~ tAe tree act and dNd of sald corpontlon Dy them n~p~etively e:~cutb v iucb ottfe~» tor t~
~ purpo~a th~nln e:preaaed; that N~ ~eal thercunto ~ttached b th~ corporat~ ~a1 D~ W~ tn Itk~ capacfty at-
= fuceG: W und~~ wthorlty In th~m Culr vated by W~ Board of Dlreetori ot uld corpontioa.
3 WI'1'NE88 my h~nd snd oilfclal Mal tAi~ ........_._.._.....d~y ot.----..._._-•-......_-••••--..._._.._-•----......_... lY..w
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~ Not,ar~? PuDUe In and tor
~ pEC~R0E0 ~ Co~mtr a~b 8tat~ Aloe+raid-
` F~~EO ~f ~-~~yNTY fL1~. ~q oomoif~loa asptew:
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