HomeMy WebLinkAbout2205 Tbat taI In the event of any b»acA of fhb mortgage or default on the part of the 1?tortgagor, or 101 W
the event any of pid suns of money herein retorted to be not promptly and fully paid within ten days next
after the aan?e severally become duo and payable. without demand or notice, or rct rn the event each and Query
the strputattons. agreements. conditions and covenants of said prom,sFO+y n•~te and this mi+rtKage, any or either.
a» not duly. promptly and fully performed, drssharged, executed etfecteJ, completed, complied v?nt2t and abided
by. then, rn either or any such event, the satil aggregate sum ml•nt?ened +n saki promia~ory note then remarNng
tu?paid, with interest accrued, and all moneys secured h.•reby, shall become due and peyaDle forthwith, of thtro-
atter, at the option of said Mortgagee, as Tully and completely as +f all of the sa+d s++n?s .ot money wen originally
stipulated to be pa?d on such dry, anything in said promissory note, anA or rn this mortgage to the contrary not-
wrthstanding: and thereupon or thereafter at the option of said Utort~aRee, without notice or demand, suit at
law or rn equity. theretofore. or thereafter begun. may be prosecuted as all moneys secured he»by had matured
prior to Its institution.
T. That to rho event that at tM beginning of or at any time pending any suit upon fhb mortgage. or to
tosecloss tt, or to »form It, and/or to enforce payment of cry claims hereunder, said Mortgagee shall apply
to the court having ~urlsdictton 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,
tsyua and »venues from whatever source derived, ea.•h and every u! which, rt be+ng expressly undentood. V
hereby mortgaged as it specifically set forth and descriEed in the Rr:rnting and habendum clauses hereof. and
such Reserver shall have all the broad and e[fectrve funetinn~ and llll~~ •-rs in anywise entrusted by a court
to • Receiver, and such appointment shall be made by such court as an admitted equity and a matter of ab-
solute right to said Mortgagee. and without reference to the adequacy or inadequacy of the value of the prop
arty mortgaged or to the solvency or insolvency of said Mortgagor and for of the defendants, and that such
rent, profits. income, issues and re.•enues shall be applied by such Recei~•er according to the lien and/or equity
of wd )ttortgagee and the practice of such court.
above descri. ' - owns or future advances made within twenty years Irom date hereof by the
mortgagee to said mortgagors or title of said mortgagors of the property hereby conveyed-
provided that the total unpaid balance of the in red hereby at any one time shall not exceed
the maximum principal amount of Dollars.
plus interest thereon and any disbursements made byte a l,ay-
IN WTPN>l:3S WH>sRSOF, the Bald ]tortgagor has executed Nis mortgage under seal. on ths•.da`j; ai14 ,jiver-.
herein first above wrlttm G
o•
Signed, sealed and delivered in the presence ot: - = ~ ~
. . P~ ,_r~,
,j
' WES GL N CO ORAT' ~
Its Secretary
OF
COUNTY OF......__ ~
Be[o» me persorrallY aPPe
to ma well known and known to m~ to he the individual..-. din and who executed the foregoing instrw
meet. and acknowledged before me that ....he.... executed the ram purposes therein expressed. .
i
~ lY........
I V{lITNLrSS my hand and offlctal~seal this..----.-- •----_......----.day ot.......__.._.._......._..
Notary PirbUc In and !or
the County and State Atoresatd.
~ FLORIDA My commtasion expires:
srwTa oF-------------------------------------- - -
, MARTIN _ 'e'
i couNTY oF-------------
ARTHUR F. WOOD
Before me personWy appeat•ed_•
~ and........LEONARp --~......~QTTOM,._.1~_.~._._...._... to me ww lnrawn sad
known to me W be the........-......_......_ ...............Prestdent and.~..__.....~,....._..r.... Secretary
WESTGLEN CORPORATION ~
the oo ratioi; '
respectively of
Wanted In the foregoing instrument, and known to me to bs the persons who as such olflce» of wd corporation. -
ARTHUR F . WOOD ~1e a~
executed the same; and then and the» the said..........._....._......_......_
a .........LEONARD.. ~•...-..~•TTDM,.-. JR _.._.-._..did acbawledge before tree that we
instrument Is the tree act and deed of said corporation by them respectively executed v such oMoers for the ~
purposes tMn1n expressed: thin tM sea! theretaito attached is the corponb seal by them In like c.pacity at- .
fixed;Wunder authority to them duly vested by the Board of DirecWrs of said eorporatlob ,
t
April i~ 79
oit..._-..._.._.._...-....._.........._._........_..,
wrrrrrss my hand and otdcW coat this- -day ~
N / ,,„f•Ilt//,,,1,
E - Q -
~ - 1.°': F, Notary. - tie in and for = ` -
- . flu and State wtorasaEd. C~--~ ~ >
~ ' ~ `~4V >iey expires: i : ; _
Pit i~ : ~ : ~ _
1 - - - .z---- -
wr cosuuss:cv rx~:~s oECC,rkat.'e?..1!~.•~''~`~~; , ~ Mr
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