HomeMy WebLinkAbout0557 A. Taat (a1 tn t1a ~vent ot any bnach ot thls morts~~ o~ detault on the pi?rt ot the I?Ion~~?gos. or Ibt tn
th~ eveet any ot sald ~unu of money h~rs/a ref~rred W bs not promptly and tully pud withln ten dayi next
aite~ the same soverally becom~ du~ and payabis. without demand or notue, or ~c) ~n the event each and e«ry
the ~t~pulations, ~~eementa, coadltloria and ~wven~rtta o! u~d promissei y note •nd th~s m~~rtgage, a~y or elther.
ar~ not duly. promptly and tully peKo~m~d, discha~ged, extcuted, etlecteJ. completed, complied with snd abided
py. then. ~n e~ther or any such event. the uid .a~g~e~ate sum mrntioned ur aa~d pcom~ssory note then remauung
unp~~d, with intereat accruad, and all mo~eys secured hcteby, shall become due and payable torthwith, o~ there-
atter. at tha option of said lrloctgagee, u iWly and completely as it all ot the sud sum~ ot money were originally
~t~pulated to be pai3 on auch clsy, anythlns in aa~d promisaory note, an~i • or In this mortgage to tA~ cont~uy not-
w~thatandin~• and ther~u~on or thereatt~r st the option o[ said 1?Iortgagee. ~~ithout nouce or demu~d. auit at
Lw or ta equity. th~nWtore, or thereatter be~un, rruy be proaecuted as ~t alt moneya a~cured hereby had matured
prlor to ita lastltuUon.
7. That 1n the avent that at tM beeuuiiru ot or at aay Wne pending any auit upon thy mor.~a~e. or W
forecloss i~ oc to r~form tt, and/or to enforca payment ot any claim~ hereunder. aaid Mostgase~ ahaU apply
to ths court havir~ iuriedlctlon thereof tor the appoiatmeat ot a Recaver, such court shall forthwlW appotnt
a Recaiver of uid mortgaged property all aad sinaular. including all and aingulu the rents. income. pe~otita.
f~sues and revenues irom whatever wurce derivcd. each and evcry of which, it being expready underatood. ls
henby mortgagM ai it ~pecltically a~t forth and deur~h,ed in the Rrranting and haDendum clausea hereot, and
sucA Receiver ihall have all the broad ~nd effective Nnctinns and }w~~•ero in anyvrise entrwted Ay a court
to • Receivu. and such appointmeat ~hall be made by iuch couet as an admitted equity and a mattes ot ~b-
~olut~ ti`ht to s~ld Mort~sgee. and wlthout reterence to ths adequacy or inadequacy ot the valw o! tha prop-
tsq? mort~d or to th~ iolvency or ieuolvsncy ot p1d Mort~C+4Cor andioe ot tt?e defendanU. and that auch
rents. profits. income, isaues and re~e~ua shaU .be applled by iuch Recelver accordin~ W the llen and/or equlty '
o! uid l~[ostsagee and the pracUce ot auch eourt
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above descr~ or future advancea made within twenty years trom date hereof by the
mortgagee to said mortgagora or any ' le oi said mortgagors ot the property hereby conveyed;
provided that the total unpa~d balance of the indebt hereby at any one time shall not exceed
the maximum principal amount ot . Dollars
<i plus interest thereon and any disbursements made y the pay-
nt of .
1N WITNSS3 vVHERDOF. Ws sald l+[ortaaroe hu tsecuted this mortsars under ~eal on ths d~y Rnd yeu
herein ti»t abov~ Mrrittea
3t~ned, ~e and dellvered the presence ot:
A
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srw~ oF......~
FL ~i. .~.._..w._ ~ -
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COUNTY OF.... ~
Eeron m. pessonauY •Ppeared-•---
David~ La.p~~~}...~lld.. Ja~I..~C~.~..,._.~~~.~}.._..~~.~._
. .....Tet].~.e_.....___......_
to me well knbwn and know~n to me to Tx the individualS.. described in and who euecuted the foregofng inetru-
ment, a:?d acknowledged before ms Lhat ..bfe7f.. executed the ssme for the purposes tharein ~cpresaed.
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~ WIZ'NES3 my haad and offlcW seal thi~_ ~Q._ d~y oi..
~ ~ ~ . . ;
i ~ ~ ~ h~~~'r
~ ` ~ ~ ~
i a~ Notary Public !n aad for - • - ~ • ~~Z
~ ~ the County and State Afore~: ` ~1~,- ~ .
~ ~ ~ ~"w
~ My commission expin~: S • y~,~ ~ U,~
~o:~_ -y~ :
$TA'PE OF....-••••-• - D ~r' :
~ ~ ' =
~ COUNTY OF ~ ~jr,
~ - .,,J~ `~,i~ -
P~ Y pPeared.-.._...
Befor~ me rsonaU ~ - ?~,_t1t1ti
~ ~
~ and ......................................-_»......._......r.~..~ W~m~ well ]mown aad -
known to ms W bs the... _.PrMident and...... ~~7
respectively ot tA~ oorponqon
ed !n the fore~ofns fn~tnim~n~ known W me to be th~ P~rwn~ wbo a~ sucL ofti o! a~1d corporatlan.
execu the same: and t,Deu and th~re ths d-._ _.aad ttu ~afd
~ ..._..dfd aclrna~vled~s ba~or~ t ~afA
~ -
~ tnstrument b tha act a~ deed o! sald corpontlon them reapscttvaty e:scutad ~ aucb ottican t2N
Pnrposea thenin dcp : that the ~eal thereuato at ed f~ th~ corporat~ Mal by tbem tu Wu c~p~clty at-
[1sed; W undu authoslty them dulr ve~ted Dy the Board Directors ot ~aia oospor~tlon.
° oVTPI~Ja88 my f~and lldai Mal thl~...__._... 0~~.~.._........_..._•--..-------- i~..._._
~
~
~ Notasy Public In and for
~ ths Count~ aM St~b Aforasa?d•
- ][y oommLdoa ~spire~:
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~
~ OR
4 g~ 3~3 ~ 556
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