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Home My WebLink About0532 6. That (a) in the eve~t of my b~each of this mortgage or defwlt on~the part of the Mortgagor. or (b) in the eveat any of uid aum: of money he~ei~ referred to be not promptly and fuUy paid withia fifteen dayt next ifter the same uverally become due and payable~ without demand or notice. or (c) in the event euh and every the ttipulations~ agreements. condi- tions and rnvenants of said promissory note and this mortgage~ my or either, are not duly. p~omptly and fully performed. 3i~har~zd. tre:.uicai, efie~t2d. w«Nletc3~ cvmplicd wiih and abided by. then. in ei~her or any such even~~ che said ~ggregate wm mentioned in said pwmiuory note then remaining unpaid. with interest accrued, and all moneys secured hereby~ shall become due and payable fonhwith, or thereafter~ at the optioa of said Mortgagee~ as full and corapletcly ss if aU of the said sums o[ muney wtre uciginaiiy stiputated to be paid on such day. mything in said promissory note. andJor in this mortgage to the contrary notwithstanding; and theceupoa or thercafter at the option of taid Mortgagee. without notice or demand, suit at law or in equity. theretofo~e, or thereafte~ beaun. may be prosecuted as if all moneys securcd hereby had matured prior to its inatitution. 7. 'fhat in the eve~t that at the beginning of or at any tune pending my suit upon this mortgage. or to foreclose it, or to ~ re[orm it. and/or to enforct payment of any claims hereunder, said Mortgagee shall apply to the court having jurisdiction thereo[ for the appointment of a Receiver, such court shall [orthwith appoint a Receiver of said mongaged pmperty all and singular, including all and singular the rent:. income~ profits. issues and rcvenues from whatever source derived. each and every ot which, it being expnssly understood. is hereby mortgaged as if specifically set forth and describtd in the granting aad habendum clauses hercof. and such Receiver shall hav~e all the board and effective functions and powen in anywix rntrusted by a coun to a Receiver, and such appointment shaU be made by such rnun is an admitted equity and a matter of absolute right to said Mortgagee~ and without rcference to the adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of uid Mortgagor and/or of the defendants. and that such rents. profita. income. iuues and rcvenues shall be applied by such Receiver according to the liea and/or equity of said Mongagee and the practice of such court. . . any addition urc advances made within ten yean irom date hereof by the mongagee to said mortg~gon or any successor in title of said mortgago o rty hereby conveyed; provided that the total unpaid balance of the indebted- ncu secured hereby at any one time shall not e: imum principal amount of Dollus (f.................................. lus interest thereon and any disbursements made by the mortgagee [or the payment of taxes. levies or insurance on the prope red hereby. with IN WITNESS WHEREOF. the said Mottgagor has executcd this mongage under seal on the day and year hercin first above writtcn. , Signed. sealcd and delivered in the preunce of: ~i' . J - r n ewe son . ~~...~1.. .............~....5~:~.-............. ~ Vera . W son , STATE OF.. COUNTY OF . ss. Bcforemepersonall ~~u~a .................I.B~l.I.N..NEN~LI...W~~.SQK..~~td..YERA..E ..NI.I.SON .h~s.~?tfe.'............ , to me weil known and known to me to be the individual.., described in and who executed the foregoing instrument, and ! acknowledged before me that t.he~f, executed the same for the purposes therein eapressed. ; • WITNESS my hand and official seal this ..............L~!.~............ day of ....................Md~"1',tl............................... 19.~~ ~ ~'r..-;:. . ~ ~.~...~..i..~~L~ ; . ~ ~ F ~%C . ~ ~ECOROED Notary Public in and for ~ ~ ~ • ~ : - ' ~ ; _ ; t U .•'riT" t' tA. the County and State Aforesaid. ~ • . - ~ • ~ • ~ ~ My commission expir c• ~ f . 4 ~3~ ~ , ~ F ~ _ ~ : , c• _ ~ _ . _ _ ~ co~ ~F- . AI~' 1 I . I2 - , ;y~= , ~ Before me y appeared ..~M~~~:.a.. ~ and t Y'. . to me well known and f known to me to be the .F ~ C:: ' L' i~~y ~ J~~ ~ .................`pres~dent and Secretary ~ respectively of . the corporation named in the foregoing instrument. and known to me be the p ns who as such officers of said corporation, executed the , . : the same: and then and therc the said ...........................................................................and the said ~ did acknowledge before me that said instrument is the frce act and detd of sai rporation by them respectively e uted as such officers for the purposes therein ~ expressed: that the seal thereunto ached is the corporate seal by them in like cap 't affixed: all under authority in them duly vcstcd by the Board of ' ctors of said corporation. G WiTNESS m d and ofCcial scal this day of 19...... ~ t ~ Notary Public in and for k "I~is Instrument Prepued By: the County and State Aforesaid. ~ ~ Sharen K. Wel ker My commission expires: : G~ K ~}0 ~ First National Bank and Trust Company of Stuart P. O. Drawer 2316 ;r ~ ~f`~ ` •J ~ Stuart. Pla. 33494 " _ _ _ - ~ 0_r_G ~ `4 L'f+-f.4 ~e; . _ r. : .y~ . . . . _ . . _ . . ' ~