HomeMy WebLinkAbout0428 Tut 1~1 ~n tA~ ~vent ot any Dre~cA ot t~u mo~t~~~ o~ d~tault on trt p+~rt of tA~ 1?fo~ts~~o~, or 101 t~
tM tv~nt any ot ~~ud ~uma of money h~rE~n ~ef~rred tp pe not p~omptly and l~~lly pa~4 with~o ten day~ n~~t
alttr t~e sam~ ieve~aUy Decom~ due and payable, v~nthout demand o~ not~cc, or ~c~ ~n the e~•ent eoch and ev~~y
tlu ~bpulations, Kreement~, condit~ons and roven~nts ot ~a~d p~om~sso~y n~,te and tha murtYaje, any or Nther,
~n not duly. promptly and tully pertorm~d, dacha~ged, executed, ettecle,l, completed, compl~ed vinUt and aD~A~
Oy. tl~en. ~n e~the~ o~ any such event, the suJ a`~regate sum m.•otioneA ~n sa~~ prom~ssory not~ then remsuun~
unpa~d, w~th ~ntr~est acc~ued, and all moneys xc~~red h~ reDy, ahall Decome du~ and paysblt torthwitA, or thtra
~tte~, at the option ot u~d Mort~aRee. u tully and completely as ~t s11 ot thc aa,d sums ot money w~n on<<nally
~t~pulated to be pa~d on ~uch day, inythins aa~d pron~~asory netc, ami or In th~s mortga~e to t~~ contraryr not-
w~tRstandin~; uM tAereupon or thereatt~r st the opt~~m ot sa~d Atortga~ee. ~~•itAout not~c~ or deman4, wlt ~t
Iaw or in pulty, tMrttofon, or tAereatter De~ui?, may De prosecuted u it sll moneys iecured h~reby had matursa
peior w lta institutlon
7. That 1n th~ e~eat tl?~t at ths Dt`inr?fn~ ot or at any tlme pending any sutt upon thl~ mor:pse. or to
loreclos~ it, or to reform tt, ar~d~or to enfor~r payment 'ot ar?y cla,mi hereund~r, said Mort~s~ ~hali apply
to the court havin~ ~urf~dictlon thereof tor the appantment ot a Rece~~•er, such court shalt toKhwiW appoiAt
• Recelver ot sald mortga~ed property all and s/ngular, Includ~ng all and a~ngulu the renb. lncotat, profiU,
la~uea and ravenup f~om whateve~ wurce denved, es: h and e~•ery o( veh~ch, it be~na expressly understood, 4
hereby mortgaged ss it ipecit~cally set [orth sod desc~~Eed in the grant~ng and hsDendum clauaea hKeot. a~W
~uch Recelver shall have all the broad and ellective tunct~nns and {~~~~cPr~ ~n anyw~se eatnuted Dy • tourt
to ~ Jtece~v~r, and such ~p~+o~ntmeat ~hsll be made by such cuurt as an ~dmitted equlty and a m~tt~s of aa
wlut~ iiaht to sald Mort~agee, and wtthout reference to the ~deyuacy o~ inadequ~cy ot tAe valw ot th~ prop-
~rty mort~ed or to G1e solveecy or iniolvency ot u?d 1?1ortRaRor and ~or ot the deterdanta, aad tl~at nuR
nnta, prohts, fncome, issues and rc~~enues shall De •~~piied by iuch Recel~'er actordlns to tM il~n aAd/OC lqulty
_ ot ~atd ~[ort~a~ee and the pract~ce ot ~uch court.
8. It is understood and agreed that this mortgoge is Rrven to secure, in add~tion to the note or cbl~g~tion
above descnbed any addit~onal loans or tuture advances made w~thin ~lwenty years from date hereut b~ the
mortgagee to ~a~d mortgagors or any successor in title of said mortgagors ot the property hereby conveyed;
prov~ded that the total unpa~d balance ot the indebtedness secured hereby at any one t~me shaU not exceed
the max~ u~p princ~pal amount 'j~]~~ SIX HU~ F.IC~~TY-F(X1R Dollars
(i ~~9$4.~~ l, plus t t ereen and any d~sbursements made by the mortgagee [or the pay-
~mrnt ot taxes, levice or ~n~urartce ~ property encumbered hereby. w~~th interest on such disbursements.
II~i W1TNdS3 WHLREOIr, th~ ia14 t/d~l~~a~p~ Da~ •xecutcd Nts mortsas~ under asal on ths day and yeu
herein first ~bov~ writta~ ~~~Y
S ~eated and deUve th presence ot: ~~R~O
/
? ~ ~
/ (SFAI,)
• L.
(SFAL)
- FXina R. C1oU.Se
srw~rs o~. FT~tIQA
SI' LUC _ _
cotn~rrz oF.....-----..----....-IE S
Beron m~ p~rso~nany appe~..... J~1 L.~Clause and Ddna R. Clouse, his wife of
_ 792. O~chi,d Dr.,~...Aayal~Palm Beachr. Flori,da__. _ 33411
to me we11 known and known to mc to he he individual5_. dqcnbed in and who executed th~ fore~oin~ Inatrw
~ enent~ and uknowled~ed before me that .~e~ txecuted the same for the purpo~ea th~rua ~pra~a~d.
i -
` WI'I'NES3 my hand and ottfcial enj,......._. ..1.l.fih_...e.y ot.._.._.. a,nuane~._...-----. .7Z~ _
~ p - ~ .
~ r~ 0 ANO~ C KDEU , ~
lT.LMCIE COUNIY fl+~. . -
~ 110CEA tO~f~~i ~I~Iotarp PuDLc ta aad !or ~ W
,
GI~aK CIRCU~T CQ'JRT -~e ~~cr and atat~ Aforesald. -
- ~ ~r - 'Jf e:~~cn ~ .
y commwfon e~cplre~:
BTAT'` OF.. • ~ - ~~f.
, • .
~ ~ w~E F~~ 10 8 29 AM'?B 3~~ ~
~ COUNT! OF..._._..• . "
" ~ ~ ~ ~
Beton m~ per~onWy appearsd......••
and_......-•••--•... to m~ w~ll ln~own aad
known to m~ to M tbe...-•-•--.._.._......_.._.._.._.._PrMSdeat wd._.._w._.._.........._.._.__ B~cntar7
~ resp~cUvely ot ................_._..._......_.._..._..._._.r..._. ~ th~ eorPuntloa
na~a~d 1a tA~ foresofns fn~trum~a~ and known to me to es th~ p~:soo~ wbo a~ nua olDar~ ot ~aid corpor~tlon.
e:acuted the same: and tMn and th~tr th~ ~aid....----•........_....__...---- .............._......_.._...---....__....---•-•••._.._...~aA t1u ~af~
~ . _.r~se a~lm~wbds. e.tor~ m. wc .a~a
tnstrument ti the tree aet and da~d ot aald eorponUon by them rs~p~eth?siy aucnbd u su¢A oMc~n !or tM
purpo~ea th~refn acprewd: that Na ~ea! thereunto attacAed i~ tM oorporst~ Na1 b~ tlaa? tu Wu c~paettr at-
~ ttued: W uad~r wthorlty In th~m dulr ~ated by tb~ Board of DfrecWn ot ~ald corpontla~.
~ wTl'xtSa my na:w .aa o!l+cw ..al w............._..__.....a.y ot_.........~.-----.._ 1._._._
~ .
~
~
- NOtar7 Poet~c fa anA tor
~ t~ Oo~ut~ ~ atat~ Atorwid- -
~ ~tp ooa~frloa a~vtrMS -
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BOOK ~~2 PAGE 4~Q
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