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6. That (a) in the event ot sny breach of this mortgage or default oa the put of the Moctgagor~ o~ (b) in the eveat any
o[ uid sums of money he~ein rcferred to be not pwmptly and fuQy paid within Cdteen daya next after the sune severally ~
become due and payable. with~ut dcmand or notice~ or (c) in the event euh and every the :tipulations. agreeme~ts. condi-
tiorts and covenants of uid promiuory aote and thu mortgage. aay or either, arc not duty. p~omptty and fully performed. ~
dixharged. executed. eficcted. completed. complied with and abided by, t6en. in either or any such event~ the said aggregate
sum mentioned in uid p~omisaory note then remaining u~paid. with interest acctued. and aA moneys ~ecured hercby, shall
becomr due and payable [orthwith. or thereatter, at the optan of uid Mortgagee. as full and completely as if all of the said
sums of money werc origiaally stipulatcd to be paid on such day. anything in uid promissory ~ote. andJor in this mortga~e to
the contrary notwithstanding: and thereupon or thereafter at thr option of uid Mortgagee. without notice or deraand. suit at
law o~ in equity. theretofore. or thereafter begun. may be proxcuted as i[ all rAOneyt secured hercby had matured prior to its
. institution.
7. That in the event that at the beginning of o~ at any time pending any suit upon thia mortgage, or to fonclose it. o~ to
reform it, and/or to enforce payment of any claims hercunder, said Mortgag~e shall apply to the court having jurisdiction
thereof for the appointment of a Receiver, such court shall iorthwith appoint a Receiver of uid mortgaged property aU and
singulu. including all and sinaulu the rents. income, profitt, is~uea and revenues from whatever source demred. each and
every of which. it being exprcssly undencood, is hereby mongaged as if tpeciCcally xt forth and described in the granting
and habendum dauses hareof. and such Receiver shall have all the boud and e[fective functions and powers in anywiK
entrusted by a court to a Rcceiver, and such appointme~t shall be made by such court ~s an admitted equity and a matter of .
absolutc right to said Mortgagee, and without rc[ereace to the adequacy or inadequacy of the value of the property mortgaged
or to the solvency or insolvency oE said llfortgagor and/or of ihe dcEcndants. and that such rents, profib. income. issue: and
revenues shall be applicd by suth Receiver acrnrding to the lien and/or equity oE uid Mortgagee and the pnctice of such.
court. ~ ~ .
8. It ia understood and agreed that this mortgage is given to securt. in addition to the note or obligation above described
any additional loans or future advances made within ten years from date hcreof by thc mortgagee to said mortgagors or any
. succeuor in title of said cnortgagors of the propeny hereby convcyed: provided that the total unpaid balance of the indebted- .
neu securcd hercby at any one time shall not excecd the maximum principal amount of ...TS~T811t.~•••FAL1~••-•••••-•••••••••••
Tt10U88~;11~ ..6:.. ~IQ~~sQQ-----,- Dollars (=~4.s Q Q~w.Q.Q....................) plus-interest thercon and any
,
' disbursements made by the mortgagee for the payment of taxes, levies or insurance on the property encumbered hereby; with
interest on such disburscments. ~
IN WITNESS WHEREOF. the uid I~fortgagor has e:ecuted this mortgage undcr seal on thc day and year hercin Ciist above
written.
Signcd. seaicd and delivercd in the presencc o[:
~ .........`:~....'...4....~~2.~...~.......~ ~ /~%~~G SW ~ -
>
~l/~• Walter T. Tiihonen
{ : ~'.:N~ v~[~ ' l~ .c.(/!`-f~~f-L~'t-~ 'k
~
MICHIGAN Helen M. Tiihonen
STATE OF ,
. .
~'~COUNTY OF f'~
i Before me personallY aPP~ued .......WALTER„ T. TIIHONE}~1..~~}4~...~~r.~'i~!I..~,?....'.j.'I.I~~UlF.~N.~
~
' ..........................~~~...4~i~,~~............................................................
to mc well known and known to me to be tht individual $ describcd in and who cxecuted the foregoing instrumeni, and
,
acknowledgcd befon mc that ~hel7. executed the sune for t purposes therein eapressed.
~ ...............dayo[.... .............................~........19..7f '
WITNESS my hand and ofFciai seal this . - :
p i~%%~ ,
. . . .
~~~IUC~~ C08Mir FlA ° j ' ,
- ROCER POITRAS otary lic in and for ;`~l~';~J~, ;
!:t~ pR :CO?T CO he County and State Aforesaid. ~ - , . • y~~ +
M commission cx ires• - f ~ " ~
Y P •2 g1.~ 'C: !
S'I'ATE OF .......................:.....................~i!~~ ' 8 ~ ~ ~ o ~N ~ ' ~ ~ ~
COUNTY OF - v•- I a`
~0~43~1 .
Bcfore mc penonally appeared
~ ".'Xii~;~`s;
and to me well Enown and
Icnown to me to be the President and Secrrtary
respectively of the corpontion
namcd in the [orcgoing instrumrnt, and known to mc to be the persons who as such of~cen of said corporation, executed the
s~
~ the same; and thcn and therc the said ......................................................................................................................and the said
~ did acknowledge befon mc that said ~
~ instrument is the free act and deed of said corporation by them respectively eaecuted u such offcen for the purposes thercin
e:presscd; that the seal thereunto attached 'u the corponte seal by them in like capacity af~aed; all under authority in them
-
duly vested by the Board of Directors of said corpont'an r
~ WITNESS my hand and of~cia! seal this...:~~.... day of ....../..l~ 197a
~ ~
;
~ Notary Public in and for
'R~is Instrument Prepucd By: SCOtt M. Kenney, ESQ. ~he County and State A[oresaid.
16~~ S. Federal HWy. ~?~y commission ezpirts:
_ Ft. Pierce, FL 33450
R~AcAtunt~it~c SJGN~V~ PAC~E B~IV
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