HomeMy WebLinkAbout0518 6. 'l~at (a) in tl~e event of any breach of this mortgage or default on the part of the Mortgagor~ or (b) ia tde event any
oi uid ~was of money herein referred to be aot pwmptly and fu1tY paid within fltteen day~ next atter the ~ame severally
bernme due and payable. without demand or notice. or (c) in the event cuh and every the ~tipulatioru~ aareement~. condi-
tions and coveoaats of ~id pmmissory note aad tl~ mortgage. sny or either. ut ~ot duly. pwmptly and [ully performed.
discharged, e:ecuted. eEfected. completed. complied with aad abided by. thea~ in tither or any ~uch eveat, the ssid a~resste
wm mentioned in uid promiswry note thea remainins unpaid, with intersst accrued, and all money: recured hereby. shsU
become due and payable forthwitb, or thercafter, at the optaa of said Moctgagee. as [ull wd completely as if all of the uid
wms of money were originally it~ulated to be paid o~ sucA day. snythias in taid promiswry note~ and/or ia thit mortaase to
the contrary notwithstanding; and thereupon or thereafter at the optan of said Mortgagee. without notke or demand. suh at
law o~ in equity. therctofore, or thereafter begun. may be prosecuted as it all moneys aecured hereby had matured prior to its
institution.
7. That ir. tAe event that at the begianina o[ or at any time pending any suit upon thu mortgage. or to forecloK it, or to
reform it. and/or tc+ enforce payment of any claims henunder.:aid hionaagee thall apply to the coun having jurisdiction
thercof tor the appoiatme~t of a Receiver. wch court shall focthwith appoint a Receiver of uid mortgaged property all and
singulu. iacludiag all and siagulu the rents, income, profits. iuues and reveaues lrom whaterer wurce derived, each aad
every of which. it beina exprealy nnderstood. is hereby mortgagcd as if specificaUy xt forth and detcribed in the Srantiaa
and habendwn clause: hereof~ and :uch Receiver shall have aU the boud aad effective fuactaw and powen w anywiie
entrusted by a rnurt. to a Receiver, md such appointment shall be made by such coun as m admitted equity aad a matter of
absolute right to said Mortgasee, and without nference to the adequacy or inadequacy of the value of the property mortsaged
or to the solvency or iasolvency of :aid Mortgagor and/or of the defendaats. and that wch reab. pw5ts. iucome. iu~es aad
revenua shall be applied by such Receiver according to the liea sad/or equity o~:aid Mongagce aad the pra~tice of such
court. -
8. It is uadentood aad agreed that this mongage a given to secure. in addition to the aote or obligation above descnbed ~
any additianal loans or future advances made within ten yean fwm dste hereoF by the mortgagee to said mottgagon or aay
successor in title of said mortgagon of the property her~by conveyed: provided that the total unpaid balance of the indebted-
ness setured hercby at any one time shaU not exceed the ma~cimum principal amouat ol
.......T..~. P.~..~~. . Dollan (i... 2~1..t000.00 plus intere:t thereoa and any
disburaement: made by the mortgagee for the paymcat of taxes, levies or uuura~fce on the property encumbered her~by. with
" interest on such disburseme~ts. •
1N WFl'NESS WHEREOF, the said Mongagor has ezecuted this mortgage uader seal on the day and year herein tust above -
written. -
3?6439 ~
Sign . sealed and delivered ip.~h re nce of:
.
~ .cl? fKfo RNO ttECOR fE~
l,lyCtE COUN?Y l -
............:.~.T, POItRAS
OCER
^ K CpR~ EO COURt W ter H. Nitz, J.
..............................................a:...... ~v. •
Auc 15 1121 AN'~~ c~iotte xitZ
STATE OF...
~'.~~IDA yI
„ps~+[Y /l.1tJC STAii 01 Fil:~q?A A~ u~RGt ~
(~OUNTY OF MY CG~W1AiSS10N fJ?IR~S fEf. 7 198~ `
~pNpfp i~+W (~ERAt INS t}.~ERaR1itRS
Before me personallY aPPeared ~~~..~~...~.'2i~..~?w..~ll~.
G~~..~a...~~
~ .~.:.~~....r:. .
. .
' to me wep known and known to me to be the individual... described in and who exccuted the forego~,~ni~~~rwnei~~;~~d'
~ uknowledged before me that ...he... executed the same for the putposes thercin cxprcssed. =
-~ITTNESS my 6and and official seal this ...............2~d............ dry of .A ...t...... .,'~Y
. - . : . A'
hotary Public in and for , ~ • •V . . ~ - -
the County md State Aforua;d::'.
My commission e:pircs: •0~t •
TF. OF TAIt Ck ti0?NJA A1 IPRIGE" , ~Ti~S~
S'~ NO lf h~UC S .
ss. M`! CG+~JASSSION ExtIRES fEb. ~ 14at ~
COU F ~QNOEO Ti+Rti GN'IERAI WS ilriDfR~~R1TERS
Before me Pe aPPeared
wd to me aol~
wn and
kaown to me to be the President and Seaetary
respectively of the oocpontian
~ named in the foregoing instrument. and known to me to be ns who as such officers of said corporation, ezecuted the
~ the same; aad then and therc the said ...........................................................and the said ~
. did uknowledge before me that :aid
instrument is the free act and of said corporation by them re:pectivety executed as fC~cets for the purposes therein ~
ezpretsed: that the seal reunto attached is the corponte xal by them in lilce capacity affiue ; der authority iw thea~ ;
duly vested by th d of DireMors of said corporation. "
W ESS my hand and official seal this day of
Notary Public in and for
Thia lnstnunent Prcpued By: the County and State Aforesaid.
My commission e:pites:
Fint National Bank and Tru:t Company of Stuart
P. O. Drawer 2816 GOOK 27~ PACE 51,5 ~
Stuart, Fta. 35494
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