HomeMy WebLinkAbout0341 6. That (a) in the eve~t of any breach of thu mongage or defwlt on the part oi the Mortgago~, or (b) in the event any
uf uid :ums o[ moaey hercin ~efeRed to be not p~omptly and fully paid withia fi[teen dayi next afte~ the ume avenlly
become due and payable, without demsnd or notice. or (c) in tf~e event each and every the stipulations~ a~eemeats. condi-
tio~: and cove~ants of said pwmasory note and thia mortgage, any or either. src not duty. promptly and fully pertormed,
di~charged, executed. effected, completcd~ complied with and abided by. thea. in either o~ any :uch event. the ~id aggregate
sum mencioned in said promissory note then remainins unpaid, with interest accrued. and aU moneys ~cured hereby~ shall
become due and payable forthwith. or ehereafter, at the optan of uid Mon~ee, at fuU and completely a~ if all of the said
wms of moncy we~e originally stipulated to be paid on such day. anything ia ~aid pmmusory note. and/or in this mortgagc to
the cont'rary ootwithstandin`: and thereupon or thercafter at the optan of said Mortgaget. without notice or demand. suit at
law o~ in equity, theretoto~e. or thercaf?e~ begun, may be prosecuted as if all monrys secured hercby had matured prior to iti
institution. ~ i
a
r.ai ii. ii~c zvc,+t ti~ai ai inc ixginning oi or at any ~une penwng any suit upon tnis mortgage~ or to foreciose it. or to
reforn~ it. and/or to enforce payment of any claims hereunder. said Mortgagee shall apply to the court having jurisdiction
thereof [o~ the appointment of a Receive~. such court shall fonhwith appoint a Receiver of said mortgaged property al) and
singular. including all and singulu the rrnts. income~ profits. issues and revenues from whateve~ source derived~ each aad
every of which, it being expreuly under:tood. is hereby mongaged as if specifically set forth and described in the granting i
and habendum clauKt hereof~ and :uch Receiver shall have aU the boud and etfective functioru and powen in snywise
rntrusted by a court to a Receiver, and such appointment ~aii be made by such ~ourt as an admitted equity and a matter of
absolute right to said Mortgagee. and without refereace to the adeqwcy or inadequacy of the value of the property mortgaged
or to the solvency or insolvency of uid Mortgagor and/or of the defendanu. and that such renu. profits. income. issuea and
revenuea shall' be applied by :uch Receiver according to the lien and/or equity of said Martgagce and the practice of such
coun.
a re
8. understood and aareed that this mortgage is given to seture. in addition to the note or obligation above desrn d ;
any additwn ~e advances made within ten yean from date hereoE by the mortgagee to s~u r any
wccessor in title of said mortgago hcreby conveyed: provided that the tot 'tl~6iTance of the indebted-
neu secured hereby at any one time shail ~ot t:ce ' ' c' al
. .
Dollars . hereon aad my
disbunements made by the mort tues~ levies or insurance on the propcrty encumbere . with
i~terat o n s.
!N WITNESS WHEREOF. the said Mortgagor has eaecuted this mortgage under stal on the day and year herein Cust above ~
written. ~
Signed. sraled and deli~ered in the presence of: ~
. ! ,
~..~~t.`..~!:el....~ ' • ~ • •
/
~ • • • 81/sII00II
STATE OF.....~ •
COUNTY OF ...~M u'
, Bciore me nonall arcd ~ 8• Al~ J~.IB M• "SYA~90R Lia 11iie 3
P~ Y ~PPe F
k~~~ . ~
4 .................................................................:.......................•••.........................................................................................»....~,r . ~
to me weU known and known to me to be the individual... described in and who executed the fo oin i ~s'
re6 8 n1[tr{~iaM. ~t! . , .
; uknowledged betore me that~c.hej executed the sune for the purposcs therein expressed. • ,
f
; WITNESS my hand and official seal this 8th da of ul =~t 7~ ~
k y ...Y..... ...............u,r....~7~iQ~•4 ~
fiLEO RECORDEp ~ ~
.IUCI y ~
~ ST ROCER
p01TRAS ~A No •ary Publi • in and for ~ ~~.~V,4~, ,p~:=~
E 3i`2264 CLEhK CIRCUlT COURT the County and State Aforesaid. ~
~ ' ~~E''F;Ep S~ q~
~ 1Ny commission expins: f ~
SI' TE OF Y f4~ .,p• ,Rr R,RK ST~iE Of fLORDA ~T (A1~t: `
€ .........................J~..1fl.... .~..44.~,T ~ ~ c~,r?~ss~a~ ~w~~es ~n.» »s~
u. `a,,o~ , ws . u~o~vw
cou~v~r o wu ~
Before me person appeared . y
and . fTc
to me no~k wn and ~
~ known to me to be the President and Seaetary
F respectively of the' corporation ;
~ -
~ named in the [ortgoing instrument~ and known to mt t the persons as such officers of said corporation, executed the ,
~
~ the same: and then and there the uid .......................................................................an t e ' ~
d h said .
x did acknowledge before me that said ~
instrument is the free act and deed of sai ration by them respectively e: ed as such ofCcen for the purposes therein ~
~ exprcased; that the sea! thereunt uhed is the corporate seal by them in like capa ' affiued: all under authority in them ~
t
r
= duly vested by the Board of ctors of uid corporation. ;
~ l
~ WITNESS and and official xal this day of 19...... ~
~ ~x
e T
~ Y
~ Notary Public in and for 3
~ "I~is [nstrument Prepued By: the County and State Aforesud. ~
~ My commission e:piTes:
~ Fint National Bank and Trust Company of Stuart ~ Q ~
P. O. Drawer 2316 , 6~U1(~ ( ~~~E 1
Z
Stuart, Fla. 33444
~ _ - ~ l .
_ ~ .~~'~.~~~-h '
,