HomeMy WebLinkAbout0415 Tf~at (a) In Ws ~vtnt ot ~ny br~aN ot thl~ enortjap or d~t~ult on ttk put ot eh~ Afortq~or, o~ lel la
t!?~ ~vsnt any ot s~~d ~unu of mon~y b~nla rel~rnd to D~ tat promptly and tuUy pud w~thlo ten day~ rext
-~t~~< <h~ ~anw ~evt~aUy becom~ du~ ~ p~yapl~, witUout denu~nd o~ ~ot~ce, o~ ~c! ~o th~ event each and ~v~ry
th~ ~bpulauoeu. a~nemeota, conditiona and ~~ovenanta o! aa~d prom?sso~ y noce and th~s mnrtga~e. any o~ efther.
an not duly. proinptlY and tully perto~m~d. diac:har~ed. executsd, ettecteJ, completed. compl~ed with and apid~d
ey~ th~n~ u~ eithe~ o~ any such ev~n~ ths aud aS~~Kate sum m~~et~~nM i~ sa~d prom~ssory not~ then remtinins
unpa~d, with interett accrued. a~d aQ mon~y~ sec~ir~d h~reby. ahall become due ~nd pa~•able lorthwith. or then-
atter, at th~ option ot said lrtort~agee. ~s tWly and completely u i[ all ot the sa~d sums o[ money wer~ ori~inall,~?
atipulated to M psid oe such day, ~nythle~ in u~d promissory note, and or tn this mortga~e to th~ cont~uy aot-
withitandin~; ~nd thereupon or thenatttr at the opticut of aa~d Atortgagee, ~~ithout oot~ce or dcm~nd. ~ult at
!aw or in equity. th~retofon. or the~~atter pe~un. may b~ proaecuted as if all moneya secured hereby hsd matund
prlor W Ib tastltution.
T, 'That 1t~ th~ ~wnt th~t at th~ D~tnnla~ ot or aL-aw~ Wn~ pendieg any sutt upon thls mort~a~~, or Lo
loreclo~ f~ os to r~torm 1~ aad/or to ~nfora p[ymeet o! any cl~,m~ hereund~r. saJd Mortgase~ ~hall appl~r
tp th~ court havins ~urisdlctlon th~reot tor tl~e appointment of • Recave~, such court shall forthwith sppolnt
a Recelver ot uid mortsa`ed prop~rty al! ~nd untular. lrtcluding a11 and ~ingular the renta. income. protita,
tpuea and revenua from whate~er aource derlved. ea. h and every ot wh~ch. 1t bems cxpressly under~tood, la
her~by mortgagcd as it specifically sat torth and descriEed in the Rr.utting and haDendum clansea heseot. aeb
~ucb Rsceiver shaU Aave W the broad and ettective tunctions and {K~~.-era in aaywise entnuted by a court
to a Rseelvtr~ u~d ntcl~ apPoi~?tn?ent ahall be made by ~uch court as an admitted equity aud a autter ot tb-
wlub rf~ht to sald I~[ortsaae0. and without nterence to th~ adequacy or fnadequacy o! the value oi the prop-
-~rty mortta~ed oe to tht aolvency o~ inaolvency of ~aid Nort~[agor and ~~r ot the detendanta, and thst ~uch
rtnts, protlts. lncome, issue~ and reeenuea shall be ~pplied by such Recelver accordln~ to tha Usn aad/o~ equltr
ot wd xprttasee and the practlc~ ot such cour~
8. It is understood and agreed that thia mortQage is given to aecure, in addition to the note or obligation
above describtd any additional loana or tuture advances made within lwenty years irom date hereof by the
mortgagee to said mortgagors or any successor in title ot said mortgagors of the property hereby conveyed;
providecl that the total unpaid balance of the indebtedness secured hereby at any one time shall not exceed
the maximum principal amount ot - Dollats
plus interest therean and any disbursements made by the mortRaRee for 1he j,ay-.
ment of taxes, levies or insurance o~ the property encumbered hereby, with interest on such d~sbursements.
II~1 W1TrTd33 VV~iSR~O!', the utd b[oct~asoe Da~ •x~cuted thii morttase ueder ~eal on the day and yeas
l~erein firft abov~ weltt~o.
.
8ljued~ ~ealed and deHvered in th~ preaence ot: ~ ^
D
.
.
d~ ~ ~5~~~ ~ SE~.>
w~~~~~~ a g n i ton, as rustee
. . _ _ .~~!~~~..r
- r EO ANO RE0oRIrED p
5~~11CIE COUMTY ilA. '
ROCER FQlTRAS - ~
CtE~K C!:tCU1T CCURT
• , ycn~FiEO
srw~ oR._....FLORIDA~...._.µ._ APR 25 I 44 PN ~7Z
_
i~r ,.~#R.TIN.
~ e~eE%e:`a~p.r,oowr arwan~•----.....LAVAUGHN.._TILTON,---Trustee 3s40'73
. .
, ~ ~ r '
~„~,....w~, ~ r-i.t...~-a.ij.......y..t.ti....-.«..'-•-»
! - ~o
yds well,~cnown; and'~ known to me to tse the individual described i~ ar?d who executed the foregofn~ fiutrw
I ~pi~ a(a wladged beton m~ that ._..he.... executed the same for the purposes t1+~reu~ t:pre~sed-
~ r . ~ 1Y.1.~.
ti :J Y
E .v' ~°~~iT~1E$$~inq hand and offlclal ~eal this...-•-12.~1.........da or..___. .M~?B~Ii._.___~....~...
` - . ~ . ~ _~~~~`'7~i~C;~4~./. .r ..«r
~ - ~
Notary PubUc ta aad i
~ the County and StaU Atoresa~. /97~
My commtssion e~cpires: ~~k~'w"' ~
STA'PS OF--•---•-••-._........._...-•-...._._..--••.•---~
COUNTY OP'....__._......_.._•--_-•-••-••--•••--••_ ss.
Befora me rsoaall a
Pe Y P
u~d to m~ wW lcaowa ~ad
known to m~ to bs the ..............._......_..__._---....Prwtdeat aab._....._....._.._.._......_.._........_.__...._._....~_._._..._..__ S~cr~tar~
respectively of tI~ corporatloa
~
~ nam~d tn tl~e tonsotns liutsuin~u~ and knowA to me W bs th~ psr~on~ wbo a~ ~u~ ottfc~r~ ot safa corpor~tlon,
executed the same: aad then and th~n tM q1d..._._..._.....»......_._.._.._ .............._.....•..---.....____...__._._..~...aad th~ ntd
~
~ . _ .._..dld acl~aowl~~ bKor~ ms t2ut ~aM
irutrument U the tree ~ct and deed oi aaid corpontlon by them »ap~ctlvelr es~cut~d a~ ~+eh oMar~ fos tM ~
~ purpo~es th~nin acpreMed: that th~ ~esl thtrennto attac!?ed b th~ corpont~ ~sal br tb~ ta ltk~ cap~cltr
~ [f~ced: W undar wthocity tn thstn duly vMted by tb~ Boasd o! Directors ot ~ald oosporatloa.
~ _ ~ ~
~ , _ _ •
~ _ wn7tr,sa mr. ~a .oa orn~w ...i w........_.. _..a.~ ot....~...._.._._..._---..~..~.._ i
~ ~ . ;
~ ~ ~ Notsr~? P~DUc tn ar~A for
tt~ C•ounh aad 8t~t~ Atorwid.
BooK 418 P~r~1638
~ -
e~ic~~ ~cE