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HomeMy WebLinkAbout0087 'l~at lal 1n th~ ~vcnt ot any ~reacl~ ot thls mo~tgare or d~tault on the pnrt of N~ !?torts~~o~, o~ Ip1 y t?~~ event any ot ~a~d •uma ot money h~rcin ~el~rred to De. not promptly anJ fuliy paiA w?th~n len day~ n~st ~tter tAe aame aeve~ally Decome due and payaDle, vinthout d~mand or not~r.~, or ~c? ~n the e~•tnt ea~h a~0 ev~ry th~ ~t~pulat~ons, ~~reemcnta, cond~t~ons and ro~•rnants ot s:tud prom~s+rn y n~.te and thfs nwrt~a~e, iny or Nther. ar~ not duly, promptly ~nd lully pc~fo~med, d?~charg~d, executed, etfecteJ, compieted, complud w~1h ana ~bided by, then, ~n e~ther or ~ny such event, the suJ agg~egate sum mrntloncA in sz.d prom~ssory note t1~en temauuns unpud. w~th ~ntr~est ace~ued, anA ali money~ ae. nred h. reby, ahail becunu due and pa~•able torthw~th, or thtra •[te~, at the opt~on ot aa~d ltortgaRee, u[ully an~f cnmpletcly iw all ot tAe sa~d aunis o[ money wtn ori~~nallp at~pul~ted to be pai~ on auch ~ay, anything ~n ~a~d pron,issory note, amf or m th~s mott~rse to th• contwy nOt- w~th~tsnding; and therwpon or there~fter at the optr~n o/ sa,d Atort~a~ee, nithout oot~ce or deman4 ~ult ~t law or ~n equlty, th~retotore, or thcreatter De`un, may be prosecuted aa it all moneys securcd herepy 1ud matunA prior to-ita autitutlon. Tl~at tn tha event tt?~t at the Degtnn?ng ot or ~t any tlme pending any auit upon thb mor2ta~e, or to toreciox It, or to reform 1t, and-or to entorc~ payment ot ~ny cla~ms hereunder, aud Mort~KN ~Rall apply to the cou~t Aavint ~unadictlon thereoi for tAe ~ppointment ot a Recen•er, such co~rt ahW [orthwith appoitlt • Recelver ot sard mortgaged pro~e~ty al1 and aingular, including all and s~ngular the ~ent~, lncome, prof~b„ Usues and revenuca t~om whatrver source den~•ed, ee,•h and ~v~ry ol K•huh, ~t bang exprtsaly wfdentood, fa hereby morigaged aa it apecit~cally set torth and descnted In the ~r:.nt~ng and DaDendum clausq heteot, at~ auch Rece~ver ahall have all the broad snd eflecti~•e tun~ti~n~ and ;•~~~«r~ ~n xnyw~se entn~sted by a court to a Rece~ver, and auch ap~o~ntm~nt ahall be made by such cuurt us an adm~tted equlty anq a matter ot ab- wlute naAt to said Mort~~gee, and v~nthout refe~ence to the adeyuacy or In~dequacy ot the valu~ ot th~ prop- •tty mort~aged or to ~4e solvency or inaolve~cy of aa~d I?tort~sAor snd~or ot the de[endants, and that ~uch rent~, prol~ts, fncome. ~ssu~~ and r~l~nuea shall be ;j~plied by such Recei~•!r •ccordlns to th~ ll~n aad/or aqwty of Wd Mo~t~a~ee and the pract~ce ot euch court. 8]t is understocxl and agreed that this mortgage is R~ven to secure. ~n add~t~on to the note nr obl~g~tion abovP descr~bed am• addit:onal loans or future advances made w~th~n twenty years lrom date hereut by the mnnFa~ee to said mortRagors or any successor in t~tle o! said mortgagors ot the property hereby conveyed; prov~ded that the total unpa~d balance of the indebtedness secured hereby ~t any one t~me shall not exceed the r~ax~ y~p~ pr~r~,~ipa) amount of leven thousand three hundred four------ po~~ars ci 11 ~~U4 • UU pluc ~ t thereon and any disbursements made dy the mortRagee for the pay- mrnt ot taxes. lev~FC or insurance o~,property encumber.ed hereby, w~th ~nterest on such d~sbursements / ~ iiii~~~+uu ~W~DPAl~ •t~ 1I~ ~~~•s~~~~+~ .xecuied ihis moRsa~s under ~ey on ths Jay and yeu lfere~n tint aDove ~vrittea. 9f~ed, ed and dellvered 1n the x~ce o[: ~R~O ~~t / i t~- ~ ~ - (s~.) -r- ~Ta s D. C, rb~~tt~~ (S~, ~C' ll ~ - ,It~ .~~v ean B. Corbett - STATS OF .~LQRIDA.... ~ . ~ covrr~r~r oF ST... LUCIE. S ; James D. Corbett and Jean B. Corbett, his wife ~ , Betor~ m~ p~rwnally appe~nd_....--•.--••••-•--...-• ~ of 1656 Tenth Street, S.W., Largo, Florida 33540 . . - - - - - - - ~ ' to mt well knoW~n and kno«~n to m~ !o he the ~nd~vidu~lg . descnbed in and who executed th~ toterofn~ teutru- s ~ ment, and acknou~ledQed before me that~. heY executed the aame tor the purpo~er N~raa ~cprMNd. ~ Vb'ITNESS my hand ar.d offlcla! ~eal Wi ..2 2 ...............day f._.. Al1gL1St.-•••-•-•- 1~~76 ; ...._..'~'~.,1~w a~~ ~ . ~~.__L....... ~ Noiary PubLe ln aad tot~grrai.~s- R. Hatton ~ cne co~,,,cy ana aua wt ~ STATE OF_ F~I~ My commlufon e=pjrp: . ~ , ~ . ~ June 20 1980 . ! ~ covrrr~r og.. S'I'. LUCIE . ~ " ~ ~ ~ ~ ~ Befor~ me peraonallY •PP~~~-- . • ~ ' ~ . and W m~ w~ll la~own aaa " z ~ ~CT~t~Q - ~ knowr? to me to be the ........_.......................Pr~dent and.••--••_.._......__....__..._._......•••-•-••--•----•---•.......f.~... m - ~ respectlvely of . ...-••----°-•--f_.._._.._._~~.__......._........._.--••_--°-°• W~ corpontloa namsd !n the [oresoin~ trutnunu?t, and known to me to bs th~ pe»otu who a~ aucD oMc~n ot saJd eorporstlon. executed tAe ~ame: and then and then th~ sald......-•--•• .............••••--•.___......_._..._.....................aad t2N WQ ...._._.._..~.dfd ac~now?ld~~ b~fon m~ Nat ~ald ' s; lnstrument li the free act and dMd ot uld corpor~tlon by them nap~edvely es~cut~A a~ such otDe~n for tM purp~re~ thtre~n e:preised: that tAs seU thereunto sttacAed b tN~ carporst~ Nal by tb~m fn Wu capulty d- ~r tked: all under authortty In th~m duly vesteA by th~ Board oi Dlrecton ot aald corporaUon. ; ~ } ~ WITNS38 my hand aad ofllcfal Ma! thli....._..------•------...day ot...__..----.__....•-_••...._......-•--•...._....__, IY.._... ~ ~ ~ ~toEO ~ F~`Ep AN9 ~~NTy F~A. Notar~ PubUe In ~ tor sj. ~uctiE cou ta?s cn. co+mc~ .~a sc.a wror...~a. f2 kOGE~+~W`T COUlIt l~[r oo~aaw.doa.~cp~w: K C ~ ~ CLQF `~E~:itf0 aFCO ~ ~~6 ; ~ 14 yz ~ ~ ~ 2d ~.U` ~58 ~ s~ ~~~~~2:72 ~ ~:r f~~~ 87. ~ ~