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HomeMy WebLinkAbout0551 I . . , , . . ' 'L~ . ` I ~ 4 ~ 6. Thet (a) In the event ot any breach of tht~ mortgage or detault on the part ot tlie 1?tortgTg~r, or Ib~ tn the event any ot as~d sum~ ot money herein ~efer~ed tn be ~ot promptly and tully pnid within ten daya' Rext ~fte~ the aa?me severally Decome due and psyabte, w~thout demand or not~ce, or ~c) in tRe e~•ent eacA and e~~ery tha at~pulzt?ons, agceemettta. candc.io~s and roeenants ot s:~i~! p~om~s~.•~y nou and thi.r p1~~~L~~e. an~ or e:thPr, a~e not duly. promptly and tully per[or~ned, discha~~ed. execuied, effectal, completed. complied k ~t?~ and ab~drd Dy, then. ~n c~the~ or any such event. the awi~ agbreg:tte sum m~•nt~oaed ~n s.~id prom~tSOry notc Lhen rcmairsa,; unpaid~ with intete~t acerued, an~l atl moneys sec~u~eJ hrrrby. st~all become due nnV p.?yaDle tortha•itA, or thrre- atter, at tl?e optian ot said ~Lortgafiee. as tully and complctcly as .t all ot the s~id su:~~s o[ moa~y w•e~e originally at~pulated to be pai~ on such day, anything in ~a?d proni~ssory note, and~or in ;hia o~o~tgagr to the contritsy not- ~ w~thstnnding; and thereupon or thereatter at the option ot aaid I?Iort~;agee, ~rithout natice or demand. auit at law o~ i~ equity. theretotore, or thereatter Degun~ may be prosecuted as i[ all moncys secured henby had matured prior to its instituttoa 7. That in the event that at ths Deginning o~ or at any tfine pending any suit upon tht~ mor?.gage. or to toreeloae it, oc to seform !t. u~d/or to en[orce payment ot any cta~m~ hereu~der. aaid 1?tortgegee ahalt app!y to the eourt hsving Jurisdictlon thereot for tl~e appointment r! a Receiver. auch court stwl! iorthwith appo:nt a Recefver o[ stid mortgaged property all and aiogular. includ~ng sll and singular the rer. s~ Ir.come, pro•it~. ia~uca and nvenues t~om whstever ~ource derlved, ea~•h and ece~y ol ~~hich, it Deing expressly under~tood, is he~eby mo~tgaged a~ it apeci[ically set torth and descnted in the ~r.~nting an~ habendum clau~es hereot, ar~d such Receivee shi?il have a11 the Droad t~nd eflective tunctinns and {?~~~~•er~ in ~ny~~iae entni~ted by s court !o a Recrirsr. and auch agpgtntmcni ahall be msclc Dy such caart ~ an a~Icniited equity and a..~rtter ot aa solute right to aald I?fortgagee, and without re[ercnce to the adequacy or inadequacy ot the value ot the p:op- ~ erty mortgaged or to the solvency or insolYency of ~aid 1?tortRaRor and/or ot the defendant~, and t}~at auch ' rents, prot?ts„ income, isaues and re~rnues shall be a~~plied Dy sucA Recel~•er according to the llen e~?d/c+? equity ot sald Dtortga~ee and th~ practlce ot such cour~ j 8. It is understood and agcecd that this mortgage is given to secure. irt addition to the note or obligation above described any additional losns or future advances made within twenty years icom date hereof by thr mortgaqee to ~aid mortgagors or any successor in title ot said mortgagors ot the property hereby eonveyed: providecl that the total unpaid balsnce of the indebtedness secured hereby at any one time shall not exceed the maximum principal amount ot - . . - . - • - Dollars ' (S . plus intere~t thereon and any disbursemtnts made by the mortgagee for the pay- me~t o[ taxes. levies or insurance on the property e~cumbered hereby~ with interest on such disbursements. IN W1TNE53 WHEREOF. the sald Mortgagor has executed thia mortgage under aeal on tlie ?~y and yeu rerein tlret above ~?ritie~ Sf~nned. aled and d e in the p sence ot: ' I ' f ^ x ` ~ , - -1 _ _ . . . _ . _ . , - w ..~M..N.«M william T. Brennan ~ WI?NESS as to Nilliaai and Mildred Mil~~~-~-~ ~-j ru~~-c~- Brennan dred H. Hrennan ~ STATE OF••-_ FLORIDA ~ . c~Tn~r~r ~F. Ml~R~~~1 . . . . . Betote me personally appeareb......~._ W..~...~.~~..~.~@EQ - H_ RAFNN,N,,.____ ~ to me v~etl kno~vn and kno~vn to me to ~e the individusl___. de~cribed in and wT?o executed the fongoing 1n~tru- , me~ d acknowledged before me that ....he.... executed the ~ame for the purpo~e~ thereia expres~ed. '-S.T. / ~ I'+'t:a ~ :j ~ ~ ~T..~.. ~i~ia5~+. . ~ <°'~I ' r .t' ~ Vf/TINESS my hnnd and oftlclal aeal day oL. Y~.~ ~l ~ ~ ~ . K ~ ~ . •-y r. L ~ • '.~i3 Q -4. • ' ~ O ` : ~ f F . - i - s> ~t! - l~ ~ _ ~ i N M ' Public in and tor ' e unty and State Afonsald. f • ~ commis~ion ex ~res: ~ 7~ . t~:. , r 6T~~` ~OF p . ' ` i~CO~INTY OF _ - _ Eetore me per3onally appeared and to me weU Irnowa aad known to me to be the•-•-•-•---•--._.._._._........-•-•-Preetdent and~_____.~-------------------•• Secretar~ respectively ot the corporatton ` nsmed in the lorcgotng is?~trument, and known to me to be the persocu who e~ such of6¢ere of salQ corporaUo~ executed the aame: ~nd then and there the said .................__...._......__._.__.........._.__..._._........__..._.__._.__.~_..and the sisid ......................................_._...._...__.._..._..~...~..._..._~.~.~.~~.---...._.._......_~....~~..dld acknowledge before me that safd Instrument 1~ the [ree ect and deed ot ~ald corporRtion by them respectlvely executed a9 such otAcer~ for the purpos~~ therein expre~ed; thnt the seal thereunto atiached !e the corporate aea] by them tn Ilka capaclty at- t~xed; all un~+er euthorlty th them duly vested by the Bonrd ot D:rectora ot said corjwratioa. ~ ~VITNES9 my hand and ofttclsl seal Lhis......_......_.___.....day ot..........__._........_... . ~ 19.._~ ' . . . . . . _ _ . Notary Tu~lic In and tor the Ceun;~ and State Afore.+eld. - My comatls~lon rxplrte: _ . ; E r . RG~'.r ~U~„~ I'A1~t c~~~ .