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HomeMy WebLinkAbout2158 . . 6. That (a) in the event o[ any breach of this mortgage or default on the part of the Mortgagor, or (h) in the event any ` o[ said wms of money herein referred to be not promptly and [ully paid within ten days next after the same severally be- r come due and payable, without demand or notice, or (c) in the event each and every the stipulations. agrermettts, conditions and covenants of uid promissory note and this mortgage. any or either. are not duly, promptly and fully performed. dis- charged, executed, e[teaed, completed, complied with and abided by, then. in either or any such event. the said aggregate wm mentioned in said promissory note then rrtaaining uttpaicl, with interest accrued, and all moneys secured hereby, shall become due and payable forthwith, or thereafter, at the option o[ said 1ltortgagee, as full artd completely as i[ all of the uid wms of money were originally stipulated to be paid oa sudt day. anything in said promissory note, and/or in this trtort- gage to the contrary notwithstanding; and thereupon or thereafter at the option o[ uid Mortgagee, without notice or de- mand, suit at law or in equity, thereto[ore, or therea[ter begun, may he prusecutal as it all moneys secured Iterehy had matured prior to its institution. That in the event that at the beginning of or at any time pending any suit upon this mortgage, or to [oreclose it, or to reform it. and/or to enforce payment of any daittts hereunder, said Mortgagee shall apply to the court having juriuliction 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, pro[its, issues and resenua [rom whatever source derival, each and every of which, it being expresly understood, is hereby mortgaged as i[ specifically set forth and described iu the granting and habendum clauses hereof, and such Receiver shall have all the broad and e(tectis•e functions artcl powers in anywise entrusted by a court to a Receiver, and wch appointment shall be made by wch court as an admitted aluity and a matter o[ absolute right to said Mortgagee, and without reference to the adequacy or inadequacy o[ the value of the prolrerty mort- gaged or to the solvency or insolvency of said Mortgagor and/or o[ the defendants, and th,t such reut•, profits, income, i.- sues and revenues shall be applied by such Receiver according to the lien and/or equity of said Mortgagee and the practice of wch murt. f -di 1N WITNESS ~'VHEREOF, the said Mortgagor has executed this mortgage under scat on the day and year herein Pint above written. Signed, sealed and delive in the prose ce ot: - U 1 - 9~. F`'~-ems _ illiam H. c eny , may, v- a1~~ a c eny SI-ATE of - - ~LQRI DA COUNTY OF - MARTIN ~ .Before me personally appeared __-_--___WILL~AI~~..H.~-.-1?1GhLHEI~IY .and-. COLA.. A. McELHEtiY, his wife, to me well know-aced known to me to be the individuals. described in and who executed the foregoing instrument, and acknowledged 6N~ ute that they executed the same for a purposes th ein expressd. i - ;'~-3~1I'I'id~S ~ _ hand and official seal this ----~.--`day of - - _ - - . 197.9. ~i' . T - I\otary Pu r m and for the (-.Durst and State Aforesaid. E . ;,4~; ~fy commission expim: , ~ ~ r. ~ ~ NOTARY PUBLIC STATE OF FLORIDA AT IARt~ STA'1t'E Ql: t,~y CpfµtISS10N EXPIRES llllY 26, 1979 ' COUNTY OF - - - ss BONDEDTHRU GEt~RAL iNS. UNDERY+iRITERS Before me personally appeared - - - - - - - - - k z ~ and - - - - - - - - to me well known and s known to me to be the President and - - - . _ . Secretary t 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 same: and then and there the said - - - - - - and the said _______-___-T_-__- did acknowledge before me that said instrument is the free act and deed o[ said corporation by them respectively executed as such officers for the purlxnes there- in 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 uid corporation. - _ WITNESS my fund and of[icial seal this day of _ . 19 s FLED P.P~Q ~£COr~OEQ _ ~UC'~ CCU~:TY~FL:.. Notary Public in and for the Countv and State Aforesaid. :1fy commission expires: 4140433 . t '79 APR I I AM 14:03 o Rc~~~ a $ ~ ~ bJGlc JV6 PACE~1~ ~ _