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HomeMy WebLinkAbout1969 _ : . , . . , . . . . . . . , ti, , . ; . . _ _ _ _ _ . - ~ - • • . ` 6. '1l~u (a) ja the event of any bresc6 of thi~ mort=a~e cr default oa the part oi the Nortaasor. or (b) in tl~e ev+eat any ot said sums oi money hereia referccd to be not promptly aad fully paid w~t6in tifteen dayt next aher the wae ~everaUy become due and payabk~ without demand or aotke, or (c) in the e~ent each aQd every the ~tjpulations. a~rcemeata. condj- tions aad oorermts of aid pwmLwry note aad ihb mort~~e. aay or ehher. are aot duly. promptly aad fuUy pert'ormed, dischar~ed. executed. eifected. completed, complied ~rith and abided by. tben, io either or any wcb event. the a~d a~re`ste aum meatioaed in ~ajd promiaory ewte then remaiaiK unPaid. with tater~st accrued. and all moneys acured hereby. ~hall become due and payable forthwith. or thereafter. at the option of tsid l~tortsa`ee, as full aad compktely a~ !t all of tbe aid auns of money were ori~laally stipulated to be paid oa such day. aaythios ia aid promi~wry note. and/or in thL mort~a~e to tbe conuary aotwit~tsadia~; and thereupoa or thereaftcr at the ~tbn of taW alo~a`ce. without notke or deaaaad. ~uit at law or ia equity. theretofore. or thereafter beaun. may prosecuted u if aU monrys ~ecured hereby hd matured prior to iu i~utitutioa ~ 7. 'I'hat iA the eveat that at the begiAains ot or at my tLne pendiug any suit upoa tha mortaage. or to foreclo~e it. or to reform it. and/or to a~force payment of aay claims heceunder. ~aid, Mort~ee ahall apply to the court having juridiction thereof tdr the appoiatanent of a Receiver, such court shaU forthwtth appoint s Receiver of uid mortgaaed property all aad ~ular, iacludins al! and singutu the rents. income. profits, issu~ ~nd rcvenua from whsterer wurce der'nred, euh aad every of whid~. it bein~ espresdy nnderstood. it heteby mortsssed as !E speciticallyr ~et forth and dacribed in tre prwtios aad 2~abendnm dausa her,eof. aad :ach Receive~ shaU ha~re all the board and effective Euactiou~ aad powea in anywisc - entrusted by a court to a Receir?er, and :uch appointment ~hall be msde by wch oourt as an admitted equjty and a matter of abaolute right to aaid blortaaaee, and without reference to the adequacy or iaadequacv of tde value of the property mort~ed or to the whrency or in:olveacy of said Mortsagor aad/or of the defeadaats. and t6at wch reats~ profiu. income, iswus and reveaues :hall be spplied by such Receiver ucordina to the l~en aad/or equity of said Mongagee md the practice of woh court. 8. It is uadentood md agrced that this mortgage is given to sccure~ in addition to the note or obligatioa above described any additanal loans or future advances made withiu ten yeus from date hereof by the mortgagee to said mortgagon or any wccessor iu title ot said mortgagors of the property heteby conveyed; provided that the total unpaid balance of the iadebted- ness ~ecurcd hacby at any one time shall not e:ceed the masimum principal unount of Dollu: (f.............................................). Plus intere~t thereon and any disbursements made by the mortgagee for the payment of tues. levies or insurance on the property eacumbered hereby. with ~ iuterat on ruch disbursements. . IN WTTIVESS WHEREOF, the said Mortgagor has executed this mortgage uader seal on the day and yeu hercin first above written. - Signed sealed and deli~ered ia the presencc of: . . . . . i ~ ~ ~ . . . MAL LM . WHITE ~.C~,~,~.~i~ ~ ANITA R. WHITE ~ STATE OF... PLORIDA aourrrv oF . ' s~ron ~~a ...~co~..W,...~~..T.~..§:..~~~A. R....h~~L7~.. (ki~s..K~~~l f to me we0 knowa and known to me to be the individualH described in and who executed the fortaoins ~m aod ~ xknowledged befon me that .Lhe.y executcd the saane for je purposes therein expretscd. ~ : M~ d of . .'''s'~'.: ' WITNESS my hand and official seai this ry , ~ . : . _ x: ~ 449'723 ~ c~. . . . • 4=; - ~ = y•~~:• f ~T• , Notary Public ia and for ' v=•%; . ~ 19~9 ~U~. -2 A~~ ~ I 2 the County and State Af~K . . ~ . • ~ My comm~sl~ion~~s. ` _ ~ ~ Mr OOMA41fS10M' ' ` STATE OF fiLEO AND t~c~Oe~LEO .........................................st~ttleiE~CUf!TY.FLA. ~~W 11r1 ~ . f ROGER POIT~,AS ~ cou~rrv oF ..........................................~L.Et!lE~C{RCUiT C4 - ' ~ ~ 31f ~ Beforc me personalty aPPeued ..fu.C,riF~; /F :If :i:: ~ and to me weA known and ~ _ known to me to be the President and Secretary ~ . ' rt~pectively ot the corpontan ~ ~ ~ named in the foregoing instrument. and known to me to be the persons who as such officen of said corporation, executed the s the same: and then and therc the said ......................................................................................................................aad the said ~ ~ did acknowledge before me that ~aid ~ instrumeat is the frce ut and deed of said torporation by them respectively e:ecuted as such ofCicen for the purposes therein ; eapressed: that tbe seal thereunto attached 'a the corporate seal by them in like capacity affi:ed: all under authority iu them . f € duly vested by the Board of Directors of said corporation. E ~ WlTNESS my hand and official stal thu day of 19...... ~ ~ a € Notary Public in aad for This laswment Prepued By: the County aad Sbte Aforcuid. E My commission expites: ; Fint National Bank a:~d Tnut Company of Stuart U R 311 ~ V W ~ P. O. Drawer 2916 BOOK PAGE ~ Stu~rt. Fii. 93494