HomeMy WebLinkAbout0556 6. That (a) in the event o[ any breach of this mortgage or de[ault on the put of tht Mortgagor. or (b) in the event any
uf said sum• of money hercin referred to be not p~omptly and fully paid within fiftcen days next after the sunr severally
become due and payable. without demand or notice, or (c) in the event euh and every the :tipulations. agreemtnt:. condi• ;
tions and covenants of said promiswry note and thu mortgagc. aay or either, ut not duly. promptly and fully performed.
discharqed. executed. effrcted, completed. comptied with and abided by. then. in either or any such event. the uid aggregate
sum meationed in said promiuory ~ote then remaining unpaid. with interest accrued. and all moneys secured hereby, shall
become due and payable [orthwith. or thereafter. at the option of said Mortgagee. as full and completely as if all of the uid
sums of money werc o~iginally stipulated to be paid on sach day. anything in said promissory ~ote. and/ot in this mortgage to
the contrary notwithstanding; and thereupon or thercafter at the option of said Mortgagee. without ~otice or demand, suit at
law or in equity. therctofore. or thereafter begun~ ma)• be prosccuted as if all moneys :ecured hercby had matured prior to its
institution, .
7. That in the evcnt that at the beginning of or at any timr pending any suit upun this mortgage, or to (orecloscit. or to
re[orm it. andJor to rnforce paymcnt of any ciaims he~eunder. said Nlortg~ce shall apply to the cuurt having jurisdic:tion
thcreof for the appointment of a Rcceiver. such court shall (orthwith appoint a Receiver of said mortgaged property aQ and ~
singular. including all and singulu the rrnts. incomc. profits. issues and revenues irom whatever source derived. each and ~
every of which. it being cxpreuly understood. is hercby mortgagcd u if specifically set forth and described in the granti~g ~
and habcndum clauus hereof. and such Receive~ shal! have all the board and eftective functioiu and powen in anywise
entrusted by a court to a Receiver, and such appointment shali be made by such court u an admitted equity and a matter of ?
absolute right to said Mortgagee. and without relerence to thc adequacy or inadequacy of the value of the property mortgaged ~
or to the solvency or insolvency o[ said Mortgagor x~d/or of the defendants. and that such rents. profits. income. issues and #
rrvenues shall be applicd by such Receiver accurding to the lien and/or equity of said Mortgagee and the practice oC such ~
.
court. :
8. It is unders and agreed that this mortgage is givcn to ucure. in addition to the note or obligation above dcscribed
any additionat loans or u dvances made within ten yean from date hercof b the ' aqon or any
succcssor in titlc of said mortgagors ropeny hereby conv t at the tutal unpaid balancc of the indebted-
ness secu~ed hereby at any one time shali no - e mauimum principa! amount ot
Dollars Plus interest thercon and any
disbursements~ade-try~the mongagee for the payment of taxes. levies o. ' rance un the•property encumbercd hereby. with
interat ofi such disbursements. •
IN WITNESS WHEREOF, the said lliortgagor has executcd this mortgage under ual on thc day and year herrin first above
writtcn.
Signcd, scaled and delivcrc in th resencc of:
.~~,~;C./,,(~~!Y.`. a' .l'~G%!(~(~ ~c'J~C' ~
. . . .
Co a B. Jo n ~ .
'Barbara A. Johti n -
sT~T~ oF..........Florida
.
COUNTY OF :..M$~..tr.~~
BeCorc me personally appeared Conrad B. Johnson and Barbara A. Johnson,~.,,his._.wife
,
: ;
; to mc wcll known and known to me to be thc individual... describcd in and who cxecuted the forcgoing instrument. and
~ acknowledgcd bc[ore me that ...he... executed the samc for thc purpous thercin expressed.
~ WITNESS my hand and official scal this......... 4th. day of Au9uSt..... . 19..7$~
~ fIlEO AMO RECOROEO ~
~ ST.IUC~E COUwTr FL~ ..~,F:-=.
AOCE~ POITRAS hot Public in and Eor
t CIEpR CIRCUIT COURT . ~
~ ~ r F~ t^/ r p: i~ E 0 hc Couy~.~~ S}~~~~t1J~iU~1113 lI?1t*t?`
~ Aty comm~i~ p~~ 0~'? ~ .
a~~ i i i i ~ ~ aH ~ : - .
r tHfu G~I1L O~.IR~M~1~: ° J
~ STATF. OF ~ - _ _
~ NTY OF SS- ~1~~7U z~
~ Beforr me p ally apprared .................................................•-•.........................................•••..............................:~.`i.::..;.
~ to m known and
and
~
r
f_` :
~ known to me to be the Presidcnt and ccrctary -
~ respectively o( the corporation ~
~
~ namcd in the Eorcgoing instrument, and known to m c the per who as such officers of seid corporation. executcd thc y
thc same: and thcn and there the said ..............................................and the said
d~ nowledge before mc that said .
~ instrument is thc [rce ac4-atf decd of said corporation by them respectively exccuted as such offce or thc purpous thercin f
cxpresscd; that the'seal thcrcunto attached 'u thc corporate scal by thcm in likc capacity affixed: all undcr authority in them '
~ duly vcated by the Board of Dircctors of said corporation. ~
i~ • ~ ~
~ WIThESS my hand and ofGc~al seal this day of 19...... i
~
3
~ ~
~ ~ Notary Public in and for ;
~ This Instrument Prepued By: the County and State Aforesaid.
; .
My commiuion expires:
~
~
~ Fint Nationa! Bank and Trust Company of Stuart ~1 Q~~ 5
- P. O. Drawer 2316 ~
~ Stuart, Fla. 33494
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