HomeMy WebLinkAbout0652 'lhat (al la N• ~v~nt of anr breacn ot thta mo~tgaR~ o~ d~[ault on the p.~rt ot tRe titort~~~ac, or ~b~ In
N~ •v~nt a~y ot sa?Q sums ot rnoney h~~e~n referred eo pe not p~ornptly a~J luJly pud w~thln ten day~ nex!
~tt~r t~t aam~ aeveraUy pecom• due Rnd payabl~, v~ntRout de~nand or not?ce, o~ icl ~n trte ~vent eacA a~d e~ery
th~ st~pulol~oni. a~rkme~ta, co~d~tions and cova~~nq ot s.1~d prom~u~~~q nute and thu m~+~t~age, any o~ e~:het,
•r• not duly. promptiy aad lully peHormed, d~acha~~ed, e,eecuted, eft~cce.l. comatetr~i, compt~ed w•i~.?~ ~na aD~ded
er, tAtn. ~h e~the~ or any such ev~nt. the a~~J agg~egat~ sum m~•nc~~~e.f ?n s.t.J prom:ssory note thcn remairung
Yopaid, with intc~est a.:csued, and al! moneya ~ec~~raKP ubreby, shall Eeco7~e ~iu~ and ps3aDle fortA~v?th, or there.
atler, sc th~ option oE sa~d rtongaQee, ~s (ully and completely as sll o( tRe saW su,~~s oI money were on~nally
~t~pulst~d to M pa~d on such d~y, anyth~~g in aa~d p~onuuory n~tc, an~l or ~n th;a• n~ortfi:.gs to tA• contrary not-
r?~th~tandina; and thereupon or then~(tee ~t the opt~on ot sa~d ~tort~,aqc~, ~~•~t~out not~c~ or dcmand~ ~wt ~t
I~w p~ ~p equlty. th~~etofon. o~ th~re~tts~ beaur~, may D~ prosecut~! as iI all muneya s~cured he~eby had r.utur~d
pno~ to fts iast~tutioa,
t. That la N~ ~~~t that at tM b~=inaiA~ o[ or at ~nr t'isu~ pending aAy swt upo~ tAts rnoet6sL~. or to <
torselps~ it~ or to retorrn ft, ~nd/or to entorc~ pryment ot ~nr cl~ims i~~reund~r. aaid 1?toetg~N sha1,1 appty t
to th~ toust h~vin~ iuei~cttoe th~not to~ N~ appaAtment ot a R~rce~vrr, sucA tourt shsll [orthwith appo?nt
a, lteceirte of aatd mortt~~ ProP~Kr v1 and ainNlar, includina a!! and sinaulst th~ nnts, Ipcom~. prot~ts~,
1»u~s and revenues lc~ore wh~tever source denv~d, ~~~h and ev~ry of wh~ch, ~t De~na exprtsaly u~?d~ratood, ts
Aertsy enorcga~M as it spec~t~c~Uy s~t torth and described ~e fh~ Rrrnt~nr and hapendu~ etsuses hcertot. •ad
wclt R~cf~v~s shalJ Aav~ d] th~ broad and etleet~v~ tun~h~na an~f ~x,~: ers in wni~. ue entrustcd br • couet >
to ~ Ree~~v~r. ~nd such ~ppolatment shall M made py such court as an ~d~nitted puity au~ ~n~ttt~ ot aD-
aotut~ ri~At to satd IKoK~~, and wfthout nterenet to th~ adeyuacy or inadpuacp ot tAe va1u~ oi th• prop-
~rty mort~ased oe to tt~~ wlv~ncy o~ inaolv~~cy ot ss~d LtortR~RO~ and~or ot th~ d~f~ndaata, and that sucA
rsets, prohts. tneon?~. ?sw~s aed ?e.•enua shaU ~ appt/rd by sucA Rtce4~~e ~etordins to th~ Uat aad/or sQWt,y
ol saia Ltortsast~ and t!a psattic~ of weA tourt
a. 1t is undentood and a~reed ths! tl~is mortssse is s~ven to aeeure, in addition to the oote or obl~~ation
above descr~bed sny additiona! loaos or tuturt advsnces made witAin twee~ty yeacs trorn date he~eol by tht
mort~asee to ~a~d mortga~ors o~ any suceesw~ in title o! saic! mortas~ors ot the property heeeby eonveyed;
prov~deil th~t the total unpsid balaace ot the indebtedness secuced hereb~r at s~ one t~m~ shal! not exceed
the maximum pri~cipal amount ot THIRTY-ONE THOUSAND and 00/~00
~s ~31 000 .~10. 1. P1us incerest thenr?n and any disbunements rnsd~ bv tb~ enortRaaee tor the pay-
m~n ot~ taxes, ev~es or insurance on the property encumbered he~eby, with interest on such disbutsements.
II11 WlTNSSS WHSRt , tbs ~a1d ~Rortsy+or 1w ~x~eut~d ttis mort~~ u~dK. inl ott th~ day and ya+r
Aere~n ~Dor~ wnittm
3~ ed aad deU in tA~ pre~nc~ ot:
. ' `~L'' Riw~: ~
C. William Pi kney
. ~
Bernice A. P nckney
STwTS Ol~'.._..,_. _FLORI DA Y 'Y -
a
cot.~r~r or~_.._..~.~iP,A.T.IN. -
.,~'~..,;t.' e,r:~~ar. .
ILLIAM PINCKNEY and BERNICE A. PINCKNEY,
' ~~~:~p. p.~.u~ .r~.r.a..._.... ._.~.~._.Ia__.._.___..._._.
~ tiis wife'.'-
~
_..~:;....._._..-------y
. _
• to Au w~ll k}iovin and known to me to Ae th~ individual s d~scnDed ~n aAd wAo ex~cvted th~ toresoln~ ln~tru-
tnef~~ and scl~wi~d~~d betore m~ tlut .~,Zt~ijr. executed Ne aam~ [or Nt purposts th~ a~cyr~ss~d.
wr~ass my n.na u,a ornc~y s.a~ ws......._.._~.~._~asy or Dec er 1~. 77
. : #
.
(nota~X~y seal ) P1LE0 ~NO aECOROE~ i~ ~ ~
, st. ~uc~E cOUwTr F~A-
aocEa po~TR~s ~ M ~.rn weue ~ r
~i tRK vi;CU{1 COURT t COUA[y aad 3[~ ort
' , ~~._F~G1f0 My eommis~ion expires:
.STATt.OF...-•--..__...._..._----...__....__. " ~ hci~.:rcr r
2 PN 1~ My ~a ~~~-~L -
courrtz 0~---....._.~---.._--•~- . 0 mm~ss~o
E~ ~ s ~~~ry 8oi~pr~uTOOwaERS InS~anuarY 23. 19 ' :
Se[or~ me penonstiY appeaced. ••..--~3~~!V.~JI_~......__.._~_......,~••-..r._.a'i~E.~_._.. ~
~nd..__.• _ . Lo m• w~U kro.vn aod =
- known to rns to Ds tDe..__ - Araldcnt wnc1....___ Secntar~ `
te~~eetivtly ot . tJs• corporsUOo
nsmed ln the toresoin` ~ruttwnent, anR k~.c~vrn tr +ni t~ Dh Ch• jtraonf w}fo art suth at~ceri c,f sald carporatron,
executed the aame: and t1:tn anA tf+ers th• ~a;Q . . . . . --•-__._._.and th~ a~ld ~
. . . . _ . - - - - - ....._..dld ~ckrwwlcdge D~tor• m~ 11~at saJA '
I~Lrument la tAe lree att and dees3 ot aald rorpcre~:or, Dy tAen; res;.ectlvely executed a~ auch ottirer~ for tA•
purpose~ therEin expreaaed; tn~t t~e ~ea! thereeu~to et!r.cAed i~ tM corponta see~l by them in tika capaclty at-
ttxM: all under sutliorfty in thtm d~)y vtated ty LT~c ~+ce~d oi I~::ectc.r~ ~f AaJd corpt~rwtion.
WIT:tE39 my h~nd +,ad cflictal s~al tA,• ....day of._.~........._......_......_........___.___.~.., i9.._... '
- • . . ,
NoLr~i Pu~Ue 1n an0 for
ch. c«~cy .~a sc.w wro~wa
~tr cofna+L~sbe etptres:
aoaK 2~ ~cE
_ ~