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HomeMy WebLinkAbout0850 _ 'l1~at In th~ ~vent ot any b~e~cJ~ ot tA~s mort`s~e or d~tault an tA~ ~art ot t1~e Atort~R~or, or 101 ts t??~ wenl anY ot sa~d ~uma ot money h~ran ~eterred to be not premptly and lully pai4 w~thin ten day~ n~st ~tter th~ same severally become due and payable, v?nthout d~mand or ~ot~c.•, or ~cl ~n the t~~tnt tA~h and ev~~y th~ ~tipulat~ons, a~reemcnu, cond?Uon~ ~?d rovenanta ot s.»4 prom~s~o~y n•,te •nd th~s niurt~a~e. any or •Ithe~. ~ ~rs ewt duly, pwmptly u?d I~lly pcttornn~d. d~scharged, executed, eflecteJ, completed, compl~ed vnth ana ~~~d~ by. thee. ~n e~tAe~ or any such event, the ~a~J a`g~egate sum m.•nt~onM ,n sa~d promisao~y rtott then reeti~snrn= unpa~d. w:th interett ace~ued, and ~ll moneys se~ ~ired h. reby, shall becum~ due and. payaDl~ forth~+nth, or thtrM atter. at the opt~on ot sa~d Mo~t`aRee, as tully a~d comptetcl~ u~t alt of thc u~d`sun,s ot money wtn onsin~ll~r •t~pul~tM to be pa+d on aucle day, anytAtng tn sa~~t pror+.iss~ry notr, and or In th~s mortgtse to th~ contraty not- w~thatandin~: and thereu~?on or the~e~tter at the opt~~~n ~a~d !?tort~a~et. ~tl~out not~ce or demand. ~ult ~t taw or ~n equity. th~retofon. or tAe~eatter De~un. may be prosecuted as ~t ~11 moneys ~ecureA Aetedy ttad R?atus~ prfor to its ~rutituUon. T. That ln tlfs event tAat at th~ De`inn~na ot or at ~ny tlme psnding any auit upon thb mor:pse. or to toreciose it, o~ to ntorm !t, and~or to e~torc~ payment oe any cta~mi hereunder, wd Mortsssei ~ha1l applr to the court h~vlns iurisdlctloo thereot tor the appointmen[ ot a Recea~•er, such court ahW torthwitl~ appoint ~ Recelver ot said mortgaged property a!{ ~nd a~ngu{ar, including slt and i~ngul~r tAe renta, Incat~e. pwnta, , Ipuei and revenuea t~om whatever iource derived, ea; h and ev~ry of v?h~ch, it Oeir?t exprea~ly undtratood. la hereDy morlgaged as it ipec~t~cally se~ torth and deacr~ted in the ~rsnt~ng and hsbendum clawe~ h~reot. ufd ~uch R~eerve~ sh~ll have all the broad and effect~ve Iun~t~nn~ artA ;.~,.~~r~ ~n a~yvvtix entniited by a court to a Receiver, and such apt+o~ntm~nt shall De +nade by auch cuurt us An adm~tted equlty and a mattsr ot ae- ~otuta ri6ht to said Mortp6ee. ~nd wttAout re(crence to the adcyuacy or Inadequacy ot the ~alw ot th~ prop- tety moct~ased or to ~he iolvency o~ ~nwiv~ncy ot sud btortRaRor ~ndior ot the detendanta, aad th~t ~ueh renL, prol~ts. fncome, ~a.+ues and rP. enuei shsll De a~~p1~M Dy auch Reeelver sccordln~ to th~ U~n and/or puitr ot ~ald l~tort~a~e~ ~nd the prRCt~ce ot such court. 8 it ~s understood and agreed that ih~s mortgage ~s R~ven to secure, in addition to the note or obf~gat~on above descnbrd any addrt~onal loans or future adv~nces made w~th~n twenty years from date hereuf by the mort~agee to said mortgagors or any successor ~n t?tle ot sa~d mortgagors oi the propertv hereby conveved, NiutiiuC'v 2~inl l,ir iv~ii unFiii~ uaianCe ti~ ~~1P IDalDIl4f1CS5 SCCUiCA hereby ~t any 011@ 11T11! shali f1A1 eXC!!d the max~mum princ~pa) amount ot F~V~ }h~USan~ ti~~n~lr•or1 ~j~tv }~_~RaK~ ~ Do~1a~s c S 5~ 562. OU plus inte~t ef@tM Srtt[- n uY~tern~s~~m a tS8 trt ort mrnt of taxes. levicc or ~ncurance oo the property encumbered hereby with interest on such disbursementa II~i WT!`NE33 WHEREOF. th~ iald y[ort~or Au ~xecutcd this mortra~~ under ~ea! on t!?a Jay and ye~r l~ere~n tint ~bov~ wrtttai. •ealed and deUv 1 the presence ot: _ . + ~ ~ . ~ ~ 1 ~5~~~ ` ~ ~ ` r" ~ . . t~~,S,X ~/1 ' • ' (sFAi,) ~~c~._.__r . ~ ~ 3 g ~ ~ - ~o<-~ V o~ATi OF.~~QRU~A._.. ~ o c~[1N'P1[ o!'.....a_`Z'...-._ ~IE... ( a v. o~ George E. Richardson and Phyllis S. Richardson, S~is wife E ~ U Be:o» m~ p~r~onWr ~PPe~nd.---....._.._._...._._._. _ ~ o f 1 8 7 8 Cameo Wa C learwa er F 1 N S ` .__.Y.:....-~----••-~---•----.~.__._.a._._..~_..~. . L ^ to me well kno~vn and know~n to me co Ae the ind~vidual S descnbeA ~n and wAo executed th~ fore~oln~ Itutrw ,.Gq mmt, and acknov?~ledsed before ms ttut t he~L. eaecuted the aame for the purpoac~ thue?n ~prua~d. t"y . _ WITNES3 my hsnd ~nd ofttcW ~eal Uus_ ~ ~.....__...•••-•._.day t._. .KQY~~~ ....y. 1~ . II'~ ' ._`_~Z~-~.~ - ; x;e.n, ~,bu~ ~,,,e:~ l;~~raine R. ~n ~ the Couaty ~d stat~ Atosef~fa: :1 , ~ My commt~ston explrea: % . • : t. - ` ~ srw~ oF. ~?nA . June 20~ 1980 ` . u. i COUN!'! oF.. ST. LJCIE................. ~ ~ Beror. an. peraonWy aPP~~~ ! .na....---...._ .............._.........._.._......r......_..__._.._........ w m. ww Iwo..A .m _ . { known to m~ to bs tbe.......... .....Prrddent ae~d......_..._._._.--------•-•---..._............._......__ 8~cr+t+r7 ~ . reapeetlvetY ot . tM eorponUos { naiad tn tl~s tore~otnt ~~ovrn to me to Ds t!~ p~erons w!w ~s s~+eh oMc~ss s~n ~°ep°riu°°' ~ e:~cuted the s~me; i?nd tben ~d tMr~ th~ w1d ..._........._..._....••••-•---._..._.._...•••------.aad th~ Nla - ~ ; did selmoM?t~OS~ D~lor~ m~ Nat ~a1a ~ . . .r...._..__.._.__._._._....._ tnstrument 1s tAe tree act and dMd ot Wd eorpontlon by theu~ nsp~ctl~?elp es~vtb ~ ~uc~ otAc~r~ for tM € purpo~ea tA~retn expres~sd: ihat Ne ~eal thereunto ~ttuhed t~ th~ aorportit~ Mal br W~m tn Ulc~ cap~clty i tlued: .n ~a.r wchor~cy ~n e~.,n a~y vated by tb~ Board of Dfrecwn ot uW corpontloe. ~ WPTML9$ wy hand aad otlfCfat ~ th1~-..........w..__.....da~ ot IY.._-_ I' • ~ ~ REGOROE Notarp P»D11c tn ane for ~ f IlEO ANO ~ t~ Co~ttttp aAd S4i~ Atorwld- i~. aOCER 40 j~i?iL ~ f[r oo~na,s..aoe.:r?~+..: C`~a~ tACUIt C411M O~ ~ . 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