HomeMy WebLinkAbout1840 G. "Th.u (a) in the c+cnt of any breach of Uri. mnrtl;age or default rn, the hart./, the \fc,rtgagor. ur (bl in the e+cnt any
oI +aid sums of mrntcy herein referred u, he not promptltr and fully paid within 1
~ da~+ ucxt alter the +:,mt +e+eralk be•
come due and payable, without demand or notice, or (c) in the event each and c+•en• the stipulatioua, agreement, crn~ditions
and covcuants of said promiswry note and this mortf;aRt, am• or either. are not dull, pn,mpth and fully performed, di+•
charged. executed, effected. completed, complied with and abided bv, then, in either or any +uch event. the uid aggregate
sum mentioned in said pmmi+sory note then rcmaininR unpaid, with interest accrued, and all moneys +ecurrd hereby, .hall `
1?cu,mc due and payable forthwith, or thereafter, at the optirn, of .aid \t„rtgagrt. as full and completeh as if all of the
said sums of money were originally stipulated to be paid on such day, anything in said promissory note, and/ot• in this most-
gage to the contrary notwithstanding; and thereulx,n or thereafter at the optiru, of said \Iortgagec. without notice or de-
mand, suit at law nr in equity, theretofore, or thereafter begun, may be prosecuted as it :+11 mouels secured hereby had
m:,turccl prior to it+ institution.
7. 7•hat in the event that at the beginning of or at any time I,entling any suit ulx,n this mortt;agr. or to foralo+c it. or
to reform it, and/or to enforce payment of any claims hereunder. said \Inrtg:tgce shall appll• tc, tl,e court Ita+ir,g juri~cliction
therrnf for the appointment o(a Receiver, wch court Shall forthwith appc,int a Receiver n( .:cid mc,rtgagrd property all and
singular, including all and singular the rents, income, profits, i~cue+ and revt•nuec fTOm whatever vnrrce derived. each and
every of which. it bring expre.+l}• uuderstocxl, is hereby mortgaged as if specifically set forth and de•urihed in the granting
and hahendum clauses hereof. and wch Receiver shall have all the hroad ar,d effective fuuctioi,+ and powrrs in anlwise
entrusted M• a coup to a lteeeiver, and such appointment shall bt made hl• wch cnurr as an admired equity and a matter n(
ab+olute right to said Mortgagee, and without reference to the adequacl• or inadecpacy of the .slue of the nn?Jx•rtl• mort-
gagcd or to the sc,lvencv or inv,lvcncy of .aid Mortgagor and (or of the defcndant+, and th:~t .wh rcnt~. I~rofa.. iwonu•, i•-
sues and revenues shall be applied by wch Receiver anording to the lien aud,'or equity of .aid \Irnt~.cy;rc and the praitice
of such court. -
8. The lien of this mortgage shall be subordinate to the lien of a
mortgage given to an institutional lender within twelve months from
date hereof to secure a loan to assist in paying for improvements on
the lands encumbered by this mortgage including a reasonable loan fee.
The term "institutional lender" shall include banks, savings and loan '
associations, insurance companies, real estate investment trusts and
their loan correspondents and any corporation that is an FHA approved
mortgagee. Mortgagee reserves the right to approve plans for any
buildings and landscaping upon the mortgaged property.
1\ WITNESS ~~'HEREOF, the .aid Mortgagor has executed this mortgage under seal on the da}- and fear herein first
above written.
rgn d, sea a d delivered th ~ resen a o[: `
J
C
- ~/-c
----Zl~tt.C!-... L~- - - Irene Crist
STATE OF FLORIDA J,~ .
COUNTY OF MARTIN ss'
IRENE CRIST ~ ~ , fi ^ -
Before mt personally appeared - - - - - - - - - - -
- - . - C~~. J,
- - _ _ . _ 3 - ~ ~ -
to me well know and known to me to be the individual. _ described in and w•ho executed the foregoiri~;Stst~i,irignt. ,anyt., ' '
acknowledged before me that he - executed the same for the purposes therein expres+d. •t
. J i
~41TNESS my fund and official seal this _ 3.1 - day of . nary.. ^ - .La tiQ` '
,r ,t
_ J IC~
_ !
• ~ - ~ ~ acv Publ'ee in and fci[
i tl?e (:Dort- and State Aforesaid.
436433 \fy commission cxpfl~lByp~y~~~ x
' 4n rO~nnte~~ ExOiRce~~~
STATE OF . ~ i r• ~ P~•4 ? ~5 RDA'DERi?fRUr,F";rye{ r1~ ,-~n91u•~R9TgS
€ { _ (Notary Seal)
COUNTY OF ~ si
l _ -
Before me perwnally appeared . - ~ . - . _ _ _
.
and ~ ~ - _ to me well known and
known to me to be the President and . _ _ Secretary
f '
respectively of _ . _ _ _ - - - - - ,the corporation ~
named in the foregoing instrument. and known to me to t,e the persons who as such officers of said corl,oration, executed
the same; and then and there the said . . . - . - and the said
{
- - _ - - - - - - - did acknowledge before me that said j
instrument is the free act and decd of said corporation by them respectisely executed as wch officer for the purposes there-
in expressed; that the seal thereunto attached is the corporate seal by them in like capacity affixed: all under authc,rity in
them duly s•ested by the Board of Directors of said corporation.
WITNESS my hand and official seal this day of _ - l9
j Notary Public in and for
the County and Sute Aforesaid.
afy commission expires'
Bo~~ 304 ~~E 1838