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HomeMy WebLinkAbout0942 ; i 6. That (a) in the event of any b~each of thi~ mongage or default on the part oi the Mortgagor, or (b) in the event any uf said tums oi money herci~ referred to be not promptly aad fully paid within Cifteen dayt next after the same stvently become due and payable. without demand o~ notice. or (c) in the event euh and every the:tipulations~ a~eemeau. condi- tionc and covenants of uid promiswry note and this mongage. any or either. are not duly. promptly and [uUy perfarmed, discharged, executed. efiected. completed. complied with and abided by. then. in either or any ~uch evcnt. the uid aggre~ate sum mentioned in iaid promiasory note then remainina unpaid, with i~terest accrued~ aad ap moneys xcurcd hereby. shall become due and payable forthwith. or thereafter, at the option of said Aiortgagee, as fuU and completely as if all of the uid sums of money werc originally stipulated to be paid on iuch day. any~hina ia said promitsory note. and/or in this mortgage to the co~t~ary ~otwilh:tandin6: and thereupon or thercafter at the option of said Mortgagee. without notice o~ detnand. wit at law or in equity, theretofore. or thercatter begun, may be prosecutcd ac if all moneys secured hercby bad matured prior to its institution. 7. That in the event that at the beginning of o~ at any time pending any suit upon this mortgage, or to foredost it~ or to reform it. and/~r to en[orce payment of any claims hercu~der. said Mortgagee shall apply to the court having jurisdiction thercof for the appointment of a Receiver, such coun shall Eonhwith appoint a Receiver of uid mortgaged property ail and singulu. including all and tingulu the rents. income. pmfits. issues and revenues from whateve~ source derived. each aad rvery of which~ it being expreuly understood, it hereby mortgaged as if speciGcally set forth and describcd in the granting and habendum dauses hereof~ and such Receive~ shall have aU the boud aud effective functions and powen iu anywise rntrusted by a court to a Receiver. and such appointment shall be made by such court as an admitted equity md a matter of ~bsolute right to said Mortgagce, and without reference to the adequacy or inadequacy o! the value of the property mongaged or to the solvency o~ insoive~cy of said Mortgagor and/or of the defendants. and that such rents. pro~ts, income. iswes and crvenues shall be applicd by such Receiver according to the lien and/or equity of said Mortgagee and the practice of such rnurt. . . a is mo gage ~s givcn o ucure, ~n a i wn to t c note or o igation any additiona! loans vances made within ten years from date hereof by the mort mortgagon or my successor in title of said mortgagors o rt henby conveycd: provid otal uapaid balance of the indebted- ness secured hercby at any one time shall not excee ' ruuipal amount of Doltars (f..................................... lus interest thereon and any disburxmcnts e mortgagee for the paymcnt of taxes. levies or insurance on the prope red hereby. with [N WITNESS WHEREOF. the uid Mortgagor hu exccuted this mortgage undcr seal on the day and year hercin first above i writtcn. Signe , sealed and d~li~~cre 'n the prctencc of: - ~ (SEAL) . ..:...l~~...... ana yron 1 c~t. (S~-) - rt yro STATE OP.... F~.O~IAA ' couNrv oF ~RTIN u' I' Before me pcrsonally appeued Diana. M,,. Myron, and Burt, My,ron,.,her., husband ~ i ; E to me well known and known to me to be the individual. . described in and who executed the foregoing instrument. and : acknowledgcd before me that t.hc~l. executed thc samc for the purposes thercin expressed. ~ ~ day o[ . F~brl~a!"Y i .79 j ~ 111(~'fN6SS my hand and oificial seal this _ ~ ~ _"'.r:~..~._ t.~::J ~'tCORDE ~ r'~ r ' _r ^ v.~ y C_ . . T ~ j - , - - . t - , - ' iV ary Public in.. d for , ` s•~ ~ ~J~ the County and State Aforesaid. , ; . / ~~t ' --/D-~ ~ b:: , , - 4~9l~+ I1fy commission expires: / ; ~ STA'n!~ OF.w~v~............ .t .2 A~~ I i . Z ~ ~ O~CT,M'~ .OF i........... " ~ ~ . _ . ~i~ ~ Before me personally appeazcd , ' ~ " " " to me well known and and x a ~ known to me to be the resident and Secretary ~ respectively o[ . . , ciF pOration namcd in the foregoinA instrument, and known to me to be t persons who as such ' ers of said corporation, cxecutcd the ~ _ ............................................................and the said ~ the same; and then and there the aaid ~ : » did acknowledge before me that said instrument is the tree act and dced of said corporation by t respecti cxccuted as such of~cers for the purposes therein ~ cxpressed; that the seal thereunto attached is the co ate scal by them in 'ke capacity aftixed; all under authority in them duly vcsted by the Board of Dircctors of said co ration. - ~ L t 19...... i = WITNESS my hand and offici this day of ' ~ ~ ~ ~ Notary Public in and ~ 'Il~is nstrument Prepucd By• the County and State Afo 'd. ~ My commission expires: ~ a,,;~.~ ~ .r~~ ? - First National Bank and Trust Company of Stuart ~ P. O. Drawcr 2316 s00K ~4 ~~rE 9~ Stuart, Fla 33494 ' ~ i - r _ .