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HomeMy WebLinkAbout0353 . d. 7'i:at f~l ta th• event ot any breach ot thfs mortgaae or detault on the part ot the rlortgxgor, or tb1 ln the event any ot ss~d suma ot mo~ey herein refe~red to be not promptly and tully ~aid w?thin ten day~ next •fter the saune aeverally Decome due and payable, w~thout demand or not,ce, ot ~c) ~n tAe event each and every the ~t~pulat~o~s, ~8r.eemcnt~, cond~t?ons and rovenants ot ~aid prom,ss~~y n~te and th~s oi~,rtaage, any or e~ther, are not duly, promptly and tully pcrtormed, d~scharged, executed, e(tected, completed, compl,ed w~~th and apided Dy, then. ~n e~ther or any such event, the s~iJ agg~egate sum m~•nUnned ?n sa~d prom,ssory note then rcmairung unpa~d, with interest accrued, and eQ moneys aecu~ed hcreby, shall become due and payabie torth~v~th, or there- •ttet, at the option ot sa~d Mortgagee, ss tully and completcly as if all ot the sa;d sums of money were orig~nally •tipulated to be pai~ on auch day, anythrog in ~aid promisso~y note, and•or ~n th~a mortgage to the contruy not- w~thstand~ng; and the~eupon or thereafter nt the opt~on of sa~d 1?lort~agee, ~~•ithoul not~ce or demand, suit at • Iaw or ~n equ~ty, thetetofore, o~ thereatter Eegun~ msy De prosecuted as ~t all moneya secured hereby had matured pnor to its institution 7. That in the event that at the beginnmg of or at any time pending any suit upon thia mor!gage. or to • foreclose it, or to reform it, and/or to entorce payment ot any cla~ms hereunder, ~aid Mortgagee ahaU apply to the court having junsd~etion thereof tor the appointmeni of a Recerver, auch court shall torthwlth appoint a Receive~ ot aaid mortgaged prope~ty ail and a~ngular, including all and s~ngular the rent~, lncome, profits, is~uea and revenuea f~om whatever source der~ved, ea: h and e~•ei•y of w•hich, ~t being expresaly underatood, 1s hereby mortgaged aa if apeei[~cally set torth and descrited ~n the ~r:anting and habendum clauaes hereof, and such Rece~ver shall have all the broad and ettect~ve (unch~ns and po~.•er~ in any~.•~se entrusted Dy a court to a Rece~ver, and auch appointment shal: be made Dy such court a~ an admiLted equity and a matter of ab- solute right to said bto~tgagee, and without reterence to the adequacy or ~nadequacy ot the va)ue of the prop- erty mortgaged or to the solvency or insolvency of aaid ]?tortRaRor and~or oi the detendant~, and that auch , rent~, prof~ta, income, ~~+ue~ and ~e.~enue~ aheli be a~>pl?ed by such Receiver according to the lien and; or equity ot sald Mortgagee and the pract~ce of ~uch courl. b. lt is understood and agreed that this mortgage is given to secure, in addition to the note or obligat~on above descr~bed an~ add~t~onal loanc or tuture advances made within tw~enty years from date hereof by the mon~agee tu ~aid mortgagors or an>• successor in title o! said mortgagors of the property hereb>• conveyed: prov~ded that the total unpa~d balance of the indebtedness secured hereby at any one time shall not exceed the max~mum principal amoun/ of Dollars (S plus interest thereon and any disbursements made b}• the mortRagee for the yay- mrnt of taxes, levies or insurance on the property encumbered hereby, with ~nterest on such disbursemenu W WITNESS ~YHEREOF, the ~aJd Mortgagor hsa executed th~ mortgage un eal on tt~e dny snd year heran t~nt aDov~ w~rltten. ; 9f6ned, aealed and delivered ~n the presence of: ' ~ ~ ~ ~1 ` 1::..1+:;.-•---•- ' ' ~ ~ . erle Di*~b.ath, sr. _._._~~~:~!G.__..~iS~J.:..~....::~' ~ca!i~---....__. STw~ oF......Florida__..... ~ cotnvrY oF._"~artin._...__ • • MFRLE DIMBATH ~ • $e,td~^a,lne per~onaily appeared--•-.....•--•----•---.... . ~ ,.r::--•-••-_-ra~.;~---=~^s ~ to fne'~e11 1C~~o~~and kno~vn to me to ne ihe indi~~dual.... de~cribed in and kho executed the foregoing lnntru- : rto4nt, and ac~tOV~edged before me that .._.he..._ executed the ~ame for the purpo~ey there~n e~cpres~ed. r C~ .4~ . • ~ : = ~ ~ ' •~WIT~i~6S my hand ana orrici~ seal t1ns---..-.8th-----.-----~Y of-------•-•-----September.--.---••----. 1e..~p ~1.-•••-•••:,~-~-~' ! ~•4' " ~r.-----•-•---•---_..•.----•--------- j • Notary ~blic in and for ! ~ . the County and State Afore~afd_ f My commiasion e:pitea: ~/3 -~o ` STATE OF.------•-----•----~------•-•-•---•-._...--~---- ~ ~ as. ~ COUIJ4'Y OF.--••---- . ~ Betore me personslly appeare~ ~ anb-•-•-•-•--••-•----•-••--•-----_ . to me weII known and ~ known to me to De LAe..-•----•-•----•-•-•-_-•-••-•-•••-•..President and..--•-_••-----•---------°-•-_-_••••---........-•-•-.._..._..•_------__.. Secretar~ ~ ~ • 3 reepecriyely ot the corporatlon ~ named 1n the toregoing initrument, and know-n to me to be the penoru who a~ such ofbcen of eafd corponUon, , ~ e:ecuted t??e same: and then and thero the ~afd..__..--•---....-_...:__.------•---•._.....__. ..and the sstd ' -.--.dld acknowledge before me thwt ~ald # - fnntrument L the tree act and deed oI sdd corporation by them reepecUvely eaecuted as aucA ofllcers for ths purpoaei therein expreaaed; that the ieal thereunto attached L the corporate seal by them in llke capacity af-~ ~ fu~ed: all under auNorlty In them duly verted by the Bo~rd_ o! Directora o1 said corporation. ~ WTTNl:S9 my hand and oftlcl~l ~eal Lh1~._..._.._ __...day of__._.---•--•--...-------•----------•-----__.., 16----- ~ _ ~ ' - - Notary PubUc in and for i tAe County and State Atoresald. 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