HomeMy WebLinkAbout2682 6. That (a) in the event of any breach of this mortgage or default on the put of the Mortgagor, or (b) in the event any
of said sums of money herein referred to be not promptly and lolly paid within [fifteen days next after the same severally
become due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreements, condi-
tions and covenants of said promissory note and this mortgage, any or either. ue not duly, promptly and fully performed,
discharged. executed, effected, completed, complied with and abided by, then, in either or any such event, the said aggregate
sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall
become due and payable forthwith, or thereafter, at the option of said Mortgagee, as full and completely u if all of the uid
sums of money were originally stipulated to be paid on such day. anything in said promissory note, and/or in this mortgage to
the contrary notwithstanding; and thereupon or thereafter at the option of said I?fortgagee, without notice or demand, suit at
law or in equity, theretofore, or thereafter begun, may be prosecuted as if all moneys secured hereby had matured prior to its
institution.
7. That in the event that at the beginning of or at any time pending any suit upon this mortgage, or to foreclose it, or to
reform it. and/or to eniorce payment of any claims hereunder, said Alortgagee shall apply to the court having jurisdiction
thereof for the appointment of a Receiver, such court shall forthwith appoint a Receiver of said mortgaged property all and
singular. including all and singular the rents, income, profits, issues and revenues from whatever source derived, each and
every of which, it being expressly undernood, is hereby mortgaged as if specifically set forth and described in the granting
and habendum clauses hereof, and such Receiver shall have all the board and effective functions and powers in anywise
entrusted by a court to a Receiver, and such appointment shall be made by such court as an admitted equity and a matter of
absolute right to said Mortgagee. and without reference to the adequacy or inadequacy of the value of the property mortgaged
or to the solvency or insolvency of said Mortgagor and/or of the defendants, and that such rents, profits, income, issue: and
revenues shall be applied by such Receiver according to the lien and/or equity of said Mortgagee and the practice of such
court.
any addition a advances made within ten years from date hereof b)• the mortgagee to said mortgagors or any
successor in title of said mortgago ere hereby conveyed; provided that the total unpaid balance of the indebted-
ness secured hereby at any one time shall not excee m principal amount of
Dollars s interest thereon and any
disbursements made by the mortgagee for the payment of taxes, levies or insurance on the property en eb .with
IN WITNESS WHEREOF, the said I?fortgagor has executed this mortgage under seal on the day and year herein first above
written.
Signed, !e a i re the nee ot: ~ ~ i
J (L.S.)
. ~ Rir~-~_-f/ a/~Cy/
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a~~ (L.S. )
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STATE OF.........FLORIDA
' COUNTY OF ....~'IA~~~ ,
Before me personally appeared
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DANIffi. H. KNOP and MARIA~i H. )XNOP his wife
.......................................f..................................................................::.s:...,,.. ,
r to me well known and known to me to be the individual.jdescribed in and who executed the foregoing instrumen(r and`; _
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acknowledged before me that t.he3T. executed the same for the purposes therein expressed.
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~ WITNESS my hand and official seal this v day of~. . ~ ........•...,tr.:, 19.~.~`~
Notary Public in and for. :Y.. , ~
(Notary Seal) r=~~EC RECORDED'_
the County and State Aforesaid. T-
. ~'!:UhTY, FLA. ~ ~ • .
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. - - - ~ S ~ i ~ riy commission ex ires•
~pr/p f,pTNRr ?uBUC STATE Of FLORIDA AT U?~,.."
STATE OF 4aX7 I v1 Mr Cc3ti!M,SSIOa E'•PIR:S SEPr . Z9 1982
~t)NDED itiRlJ GEtd-RA1 INS • UNDERWRITERS
COUNTY OF .............................i~~...~R....Z7 Pfd 3 ~ 1
Before me personally' appeared
and 1,C;.,..; ,.~,.PN.~ to me well known and
known to me to be the ....................C~:.~~K..~t~SZ..~i~j~si^deQ~a_.........................................:............................... Secretary
respectively of the corporation
named in the foregoing instrument. and known to me to be the persons who as such officers of said corporation. executed the
T' the same: and then and there the said ......................................................................................................................and the said
~4 did acknowledge before me that said
~ instrument is the free act and deed of said corporation by them respectively executed as such officers for the purposes therein
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expressed: that the seal thereunto attached is the corporate seal by them in like capacity affixed; all under authority in them
duly vested by the Board of Directors of said corporation.
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WITLESS m hand and offictal seal this da of I
Notary Public in and for
Thu Instrument Prepared By• the County and State Aforesaid.
My commission expires:
First National Bank and Trust Company of Stuart R 3(1~ , i ~~j7b
P. O. Drawer 2316
Stuart, Fla. 33494
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