HomeMy WebLinkAbout0957 . „ .
~ :
6. That (a) in the eve~t of any breach of this mort~age or default on the part of the Mortgagor. or (b) in the event any
ut said •um: of money her~i~ ~ekrred to be not promptly and fully paid within ~fteen dsys next after the same :everally
become due and payable. without demand or notice~ or (c) in the event euh and every the atipulations. agreemenu. condi-
tions and covenants o[ said promiuory note and this mongage~ any or either~ ue not duly, promptly md fully performed.
discharged. executed, effected, completed. complied with and abided by. then. in cither or any :uch eve~t. the uid aggregate
sum mentioned in said promissory note then ~emaining unpaid~ with interest accrued. and all moneys secured hereby. shall
become due and payable [onhwith~ or thercafter. at the option of said Mongagee. at full and completely as if all o[ the said
wms of money were originally stipulatcd to be paid on such day, anything in uid promiswry note. and/or in this mortgagr to
the contrary notwithstanding; and the~eupon or thercaitcr at the option o[ said Mortgagee. without notice or demand. suit at
law or in equity. theretofore. or thereafter begun~ may be prosecuted as if all moneya ucured hercby 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, ot to fontlox it. or to ~
reform it. and/or to enforce payment of any claims hereunder. uid 1liortgagee shall apply to the court having jurisdiction ~
thercof for the appointment of a Receiver, such cou~t shall [orthwith appoint a Receive~ of said mongaged property aIl and
singular. including all and singulu thc rents. income. proCts, issues and revenues from whatever source derived. each and ~
every of which. it being expressly understaod, is hereby mo~tgaged as it speciCcally set forth and described in th~ granting
and habendum clauus hereof, an~ :uch Receiver shall have all the boud and effective functions and powen in anywise
entrusted by a court to a Receiver. and such appointmeat shaU be made by such court as an admitted equity and a matter of ~
absolute right to uid Moctgagee. and without reference to the adequacy or inadequacy of the value of the propeny mortgaged +
or to the aolvency or insolvency of uid Mortgagor and/or of the defendants. and that auch renta. pmCts. income. iswes and
revenues shall be applied by such Receiver according to the lien and/or equity of said Mortgagee md the pnctice of such
rnuK. .
is undentood and agreed that this mortgage is givcn to secure. in addition to the note or obtigatio
any additw or future advances made within ten years from date hereof by the su mortgagors oi any
successor in title oE su ors of the propeny hereby conveyed• ' e total unpaid balance of the indebted- i
neu securcd hereby at any one t~! not exce wa principal amount of
plus intcrest thereon and any
disb a e y the mortgagec for thc payment of taxes, insurance on the property encumbered hereby. with
interest on such disbursements. .
IN WI'I'NESS WHEREOF, the said Mortgagor has executed this mortgage under seal on the day and year herein ~nt abov
written.
Signed, sealed d deli~~~ed in the exncc of:
~'`~.~.~n . ~~~v
.~:7.~1.1.C~....... .,.L.~,~!~ erome T. Croghan '
...............t.4I. ;
r
' Florida ~
~ STATE OF
~ COUNTY OF I"iartin
u.
~ Jerome T. Croghan ;
i Bcfore me penonallY aPPeared }
j '
E to. •iite. yv~ti.~.pt~q. and known to me to be the individual... dfsrrlb`ed 'm and who exeeuted the foregoing instrumcnt, and
~ . ack Qw ~ioie me that ...he... cxecuted the same for the purposcs therein expressed.
~l _ ~{N~ESS~ hand and official seal chis ....6th.........••••.......•••. f ...April . 19.79
~ r . _ .
~ i~i' • - . ~M = . . _ _ '
~ ~ . '~•1 ' ' ;t'.~~i G;
. . ~ :
~ - ~~r~`" ~ " ~ - - Notary Public.in•and for .
~ ~
i~"`• ~ the County and State Atoresaid. :
~ '%'~~'_"~'.~-•-s . 441590 biy commission expires: .
3 p J
~ f n• ~T~uir w,~ ic s~~~ ac ~
g STATE OF .........~~?...............~n r~~ ~ 9 It:~R~~~ Ai lA~
~ MY i,CiMM'SSIUN FXVIR[s :JCI eS 1981 ' gd Y ~
~ COUNTY OF ss. ~ K~vt~U tMtN ~,t?rElt~u IN6. s
...l.V. ~~Ot~twRi Iffi :
~ Bcforc me pcrsonallY aPPrared ~ . , t
~ and to me well known and ~
~ known to me to be the President and Secretary - ~
~ respecti~ely of thc corporation ~
- named in the forcgoing instrument. and known to me to be the persons who as such ofticers of said corporation, cxecuted the
~
- the~same: and then and there the said ......................................................................................................................and the said
~ did acknowledgc befort me that said
instrument is the frcc act and deed of said corporation by them respectively exccuted as such officcrs for the purposcs therein
expressed: that the seal thereunto attached 'u the corporate seal by thcm in likc capacity affixed; all undcr authority in them
E duly rested by the Board of Dircctors of said corporation.
~
~ WITNF.SS my hand and official scal this day of 19......
~
9 "
y
~
Notary Public in and for
~ 'R~is Instrument Prepued By: the County and State Aforeuid.
~ 11~y commission expires:
; First National Bank and Trust Company of Stuart '
~ P. O. Drawer 2316 B~ P~
~ Stuart, Fla. 33494
p
. , _ i
~=,~nr;:.,. _ -
_ _ . ,