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HomeMy WebLinkAbout0817 r Tbat 1~! le th~ ~vent ot any b~each of tA~s mort~a~e or Ctt~ult on th~ p+~rt of t!?~ Atori~~~or, or le~ t~ th~ event any ot w~d ~urru ot money h~rae rehrred to De aot promptly s~+i (ully pvd w~th~n ten day~ ntst after the iame severally become due ~nd payable, wnthout demand o~ oot~co, or ~c~ ~n tbe e~•~nt e~rA an0 ev~ry th~ ~t~pulat~ons, as~eeme~ta, cond~t~oni and co~•enanq ot s~id p~om~s~o~y n~te •nd th~s ninrtraie, any ot ~Ithe~, ar~ not duly, prompUy and tully perform~d, d~acAargM, ezecuted, e[[ecte.J. ~ompleted, compl~ed nnth and ~d~d~d by, then. ~n e~tAer or arty sucA evertt. the aaiJ asgr~gate sum m.•nt~eneA ~n aa~d promissory ~ote tAen remurun~ unpa~d, w~th ~ntrreat acerued, and all moneys xc+iial h~reby, ~hall becunu due •nd pa~•sbl• forthwlth, o~ th~ra ~tter. ~t the opt~on ot u~d Mort~sgee, u tully a~~d cnmpletcly u~! all ot the said sun~s of money w~n oN~tnally st~pulsted to be paW on such day, anythtn~ aaid p~on~~ssory ~ote, an~l or ~n th~s mortga~e to th~ contnry not- w~tAstandin~; and thereupoo oe thenafter e?t the opt~~~a of sa~d Atort~a~ee, ~~•~thout Rotice or demand. ~ult ~t 1aw or ~n equlty, th~retofon, or there~tter De~u~, may be prosecuted es it all moaeys iecured hereby had matur~ prior to 14 ~n~tltutfoi?. - - 7. That 1o tM e~eat that at the begtnnms of or at any tlme pend~ng any suit upon thb mo~r:~a~e, or to foreclose tt, or to r~torm 1t, and~or to entorce payment of ~ny cla~mi n~reunder, uid Mort~N ~hW apply~ to tha court h~v~ns ~unadictlon thereot tor the appantment ot s Recei~er, ~uch coure sRW torthwith appoiAt a Recelve~ ot sald mortgaged property all and smgular. includ;ng all and ~ingular the renti. Income. prot~ta„ Uaues and revenues t*om whate~er source denved, es~•h end e~•~ry ot veh~ch. ~t be~na e~cpressly undentood. b he~epy mortgaged aa it specitically se~ torth and descnGed ~n the ~r~ntmg and RaDendum clause~ hereot. uW ~uch Rece~ver shall h~ve ail the broad and etfect~~e fun~t~nn~ and {~~,~~Pra ~n anyw~se entn~ited by a court to a Reee~ver, and aucA appoi~tment ahall be made by such cuurt us an admitted equtty and t rr?~tt~r ot a~ ~olut~ rt~ht to aald Mort~ee. and v~nthout reference to the adeyuRCy or tnadequacy ot the valu~ ot th~ prop- tety most~ared or to Ghe solvency or inaolvency ot wid I?tort~aRor and'or ot the defendan4, and th~t ~ucR renb, prof~ts. Income, ~ssues •nd r~~~enuea ahall Gc a~~pl~ed py •uch Recelver aceordlns to th~ ll~ and/or pWty ot aa~d bior[sasee and the pracUce ot auch court. 8. It is understood and agreed that th~s mort~aRe is R~ven to secure, ~n add~t~on to the note r,~ obl~gatiun above descr~bed any add~t~onal loans ~r tuture advances made with~n twenty years from date hereuf b~ thr mortgagee to sa~d mortRagors or any successor in t~tle o! sa~d mo~tgagors ot the property hereby conveyed; prov~dc~l th~t the total unpaid balance at the ~ndeAtedncss secured hereby ~t any one t~me shal! not exceM the ~r~a x~r~u,~n ~r~cipal amount o[ Four thousand OD@ hundred twenty two--- po~~ars (i 4~ 1LL. plus ~nterest thereon and any d~sbursements made by the mortgagee foe the pay- mrnt ot taxes, IeviFS or ~nsurance o~ the property encumbertd hereby w~th interest on such dubursement~. II~I W17'N~33 WHERLrOF, tb~ uid lr[ortsa~or hv ~xacuted this mortsap under ~sa1 on trs day and yeu herein tint abon?~ aeittea ~ i Sl~ned, ae~lcd and ddlvered tn the presence o[: b o1~Y ~5~,~ ~ • Q,~lie A. ,Po ~ ~ t~, 4~ ~ • ~ ~v ° Beneathea Mary Poe c~,$~ 3 c . c d. ` . ~3~ ~ $ srw~rc oF.~RIOA.... ~ - ~ t~. a - COtTNTY oF _ST._. I.L~IE..-- ~ n ' ~ seton m~ arwaauy aPpeand.._..Q1.13.~._A,~....P.as_..ans~_Beneathea...Mar.~r._Po~,._. h~.~_.x~.~fe ' ,of 2138 ;~.l~t._ 29 Avenue,___ Gainesville~._ FL..~_.32605 _ I' to me weli known ~nd know~n to me !o A~ the individualS_ descn~M ~n ~nd who executed th~ (ontofn~ tnstru- 'I ment, and acknowledsed before me that t..he.~T. c:ecuted the aame tor ths purpoaes th~n?n a~cpr~Md. • . WTPNESS mr hand and oft~cl~l.~N cn,..l~...... r. _November~_ : , „ _ . ~ ' Notaq? PubLc 1n aerd LQ~~ ra~r~e .'1l;~ Hatton lA ene co~,ncr .aa saa Ato7''~= . . My commla~ion ~p~res: _ . ~ 8TA'I'~ OF.. J~.-: , J covrrrt oF._ST. I~7CIE-------------•.-- " June 20, 1980'~ Betor~ m~ personWy appesro~.-•-•-•• •fld "_""'._.._»....__._....___..y W ID~ w~ 1Q10Yr11 iOd known to m~ to Ds tbe ...............__....-------...._..._..Pr~dent and-----._....._.._.._.._.._.__...•-••...._..•-•-._..._...__..._~._..._.._ 6~entar~ reipectlvely o! - tM eorpontlon rwn~d tn Ns toraoie~ irutrum~n~ and knowa to me to bs th~ p~rsoa~~ wbo ~ su~h olDcsn o~ ~a1A corporftloa. - cx~cuted the same: and N~A at~d th~n eh. wd .................._......_..........------~---------------.__......_.......----------.__.._.....aa u~. wa ...~..__..__---._....__afa .clwo..l.as• e.1or. m. wc ..~a Instrument u the tree ut and dMd ot sald corpondon by theaf n~p~ctt~elp ea~cut~d a~ auch oMcyn for th~ purpo~ea thtnfn exprea~ed: that the ~eat thcreunto attuhed it tl~~ corporst~ Nal pr tb~m 1t~ 111c~ capaefty at• t1uM: W uud~r wthortty tn than dulr veated by tb~ Hoard of Olrecton of ~a1d corporaUoo. WTI`NZ88 my hatM and Otl1CiN Mal tJW...-.-••--._~..~._...._da~ ct»......._.~._ lY..__._ ~ - ' ~1 "E~,r" u?. ~{~~uC E COD ~ xoearp Pueilc 1n ana ror 110~Ef1 P0~1 C01{~ ~ t~ ~h? and stat~ Atorrate- . C~E~ vE*~ E ~[r ooma~l.~foe .:v~ew: ~ECOR ~,~(~3 . 0~4 ~ ~ ~ ~ - ° ~o~26i ~~E 8~~ .