HomeMy WebLinkAbout0035 T?al la) In t?~~ ~vent ot any brcach ot thu mortt~e o~ d~fault on tlie pnrt ol N~ Utorts~~or, or 101 l~
tn~ event any ot uid ~uma of money hercin ~ef~rred to De not p~omptly an,f t~~ily paid w~tAin ten, dsy~ e~st
atter the aame sererally become due and payable, w~tAout dcmand or not~c~, o~ ~c? ~n the e~•ent ea~h and ev~rp
th~ •tipulauons, a~reements, condu~oni and eovcnanta o! ~.ud prom,s.o~y n:,te •nd tA~a mn~t~ate, any or elther,
ar~ not duly, promptly aad fully pertormed, disch~r~ed, ezecutcd, etfectc.l, completed, compl~ed v?ntb and ~Oid~d
by, tAen, ~n e?the~ or any sucA event, the aaiJ a~greRate sum m.•ntinneA ~n sa~d prumissory note tAen remauues
unpaid, w~th intrrett acerued, and all money~ se~ ~ired h~ reDy, shali becumc due ~nd pa~•abl• forthwlth, or thtn-
~tter, at the opt~on ot sa~d Mortgagee, u fUlly and c~mpletcly ~u s11 ot the aa,d ~un~s ot money w~r~ ons~nally
at~pulated to be pai~ on such day, anythln` in ~aiA pra~~~s3ory note, ami or in tAis o~ortgr~c to th• contrarr not-
w~thstandtna; and thereupon or thereafter at tAe opti~~n ot sa~d ~lort~a~ee. ~~ithout not~ce or deman4, ~ult st
iaw or ;n equlty, th~reWfori. or thereatter be~un, may be proaecuted aa it all moneyi aecurcd Aerepy had matur~A
prio~ to ita ~nstltutlon.
T. That 1n the event that at ths Deginnma ot or at ~any time pend?ng wn_y suit upon thL mor•.~a~~; ~~4
torectosa it, or to reform it, nnd~or to eatorce payment ot any cla~ma hercunder, itid Mort~N sAail ~pply
to the court havin~ ~unsdutlon thereof tor the appo~ntment ot a Receiver, such court ~hill toKhwith appo~nt
a Receiver ot said mortgaged propcsty al! and ain6ular.. ~ncluding all and s~ngular the rent~. Income. prof~t~.
lwues and revenues trom whattver wurce der~vcd, ea~ h aad ev~~y ot K huh. ~t being expres~ly undentood. f~
hereby mortgaged aa it speci[ically set torth and descnted in the ~ranting and AaDendum clau,d hereot. aad
~ucA Rece~ver shall Aave ~I! the broad snd effect~ve tunct~~ns a~A ~~~~~~rra anyw~se tntnuted Dy a court
to a Rece~ver, and auch ap~+ointment shall De made by such cuurt as •n admitted cqulty and ~ rnattt~ of ab-
~olut~ r~6ht to a~ld Morteagee, and without reterencc to the sdcyuacy or lnadequ~cy ot tAe valu~ of th~ prop-
~rty morttaged or to 4`~e wlvency or inwivency et w~d UtortRaRor and ior ot the detendaa4, and th~t ~ucA
renL, pronts, lncome. ~~ues and ct+lf+~s sAaU be ai~pliM by such Rece1~•er ~ceordins to tM lfu? and/or ~qulty
of wd Nortsa~ce and the practice ot ~uch court.
8. It ~s understood and agreed that th~s mortgage ~s R~ven to secure. ~n add~tion to the ~ote or obl~g~tiun
above descnbed any add~t~onal loans ~r tuture advances made w~th~n twenty years from date hereu! by the
mnrtgagee to <aid mortgagocs ar any successor ~n title ot said mortgagors ot the property hereby conveyed;
prov~decl that the total unpa~d balance of the indebtedness securcd hereby ~t any one t~me shall not exceed
the max~mum princ~pal amount ot TWO thousand tW0 hundred forty OII@------Bollars
tt 2~ 241 . p~ plus in t thereon and any d~sbursements made by the mortgagec for the pay-
mrnt of taxes. leviec or in~urance o property encumbered hereby. w~ttr interest on such d~sbursementa.
~T WITIVES3 WHEREOR, th~ sdd Mo~oT ~a~ •xecuted thb mo~a~~ under ieal on the Jsy nnd yeu
herein first abov~ ~vrtttea R
91tff ~ealed ~nd dellvered In the esence t: ~Y(/~ !
~ RFO L' _ -
~ ~
~~'~t ~ - ~ ~ 1~ s~r..) .
lorence Borak
, '
srw~rs oF.F.LC?RIOA.. a -
' Covrr['~r oF. SI'..---LUCIE._. ~
' s~ror. m. p.rw„aur . a.r.d.._Florence_. Boraks._.of _.2113_._N,_E_._..123rd...Street~__
North Miami., F~ 33181
~
,
` to me weil known and knov~~n to me ro ~e the ~ndiv~duai _ descr.bed m and who executed th~ fore~olat ttf~tru- .
~ ment, and acknowiedeed betore me that he. . c:ecuted the ~ame tor the purpoae~ LR~n~a vtprw~d.
~ 25th Au st _ 76
WTCNE53 my hand and oftlcttl ~eal thi~... .--•-•••--...._...day N-.. lfr._...
~ ~~~ir..KLC...w J
( .e
` oc.ry ~enc li, .ne ror i r~raine `R. Hatton
€ the Councy aaa sut~ Atoe~.
~ My commt ^ on e~pirer ~ ~ ` ~ i , !
~ STATE OF__FIDRII]A . ~y -
cocrt~rrY o~..ST. wC1E.- ~G`~ . ~`T v ~L
~ .
~ . .
` Betor~ me peraonally appeared...... .
~ +^a w m~ wW lwown ~d
~ .
~ known to ms to be the---•-..---.-••--•-•••••--......--••---.Pr~dcnt an~__.._._...__.._.--•--.._.._. 8~errtar~
° respectively ot rpo
~ t~ co nUoa
nam~d tn the foresoint insinun~nt, and lcuown to me to De th~ p~rson~ wbo a~ ~ucl~ ofsc~rs o[ ~ala corporatloa.
exscuteA the ume: and then and tA~r~ the ~afa........--••... ..aad ttw safA
; ..._..---••----°--....._......_Q!A atltuow?1~~ b~toe'~ nt~ tlut ~alA
` lrutrument 1~ the tree act and ds~d ot ufd corporatlon Oy then? n~p~Mlvely es~cuted ~u such oMc~r~ for tb~
purpo~es th~nin e:preaaeA: that the aal tJ~ereunw attacAed Is N~ corporat~ s~al br N~m tn Wc~ c~pulty at-
ftucd: W ur~d~r wthorfty tn them duly veated by th~ Board of Dlrectors ot raJd corpontloa.
~
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5 wI'I'Nl.39 my har?d and otllctal w! W~......._..-•-------.....d~y ot...__...._.._ 19.._~
~
Notar)? PubHc 1n and tor ~
~ ~pE9 t1~ (7ount~ ~A at~t~ Atosratd.
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