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HomeMy WebLinkAbout1599 - ~t 6. That (a) in the event of any breach of this mortgage or default on the part of the !Mortgagor. or (b) in the went any of said wms of money herein refereed to be not promptly and fully paid within ten day: next after the Bacot stvenlly be- come due and payable. without demand or notice. or (c) in the event each and every the uipulatioste. agreements. condition: and covenants of said promissory note snd this mortgage. any or either. are not duly, promptly and fully performed. dis- charged. executed. etteaed, completed. complied with and abided by. then. in either or any wch event. the said aggregate wm mentioned in aid Promissory note then remaining unpaid. with intemt accrued. and all moneys secured hercby..hall become due and payable forthwith. or thereafter. at the option oI aid 1lfortgagee. as full and completely u ff all of the aid stints of money wttre origiaaUy stiptslated eo be paid oa wch day. anything in aid promiaory note. aad/a in this mort- gage to the contrary notwithstanding: and thereupon or thereafter at the option of said Mortgagee, without notice or da wand. wit at law or in equity. theretofore. or thereafter begun. may be prosecuted u if all moneys secured hereby bad matured prior to its institution. 7. That in the event that at the beginning o[ or at any time pending any wit upon chic mortgage. or to foreclose it. or to reform tt. and/or to entora payment of any daitns hereunder, said 1?iortgagee shall apply to the court having juri,diaion thereof fns the appointment of a Receiver, such court shall forthwith appoint a Receiver of .aid mortgaged property all and singular. including all and singular the renu, income. profits, issues and revenues [rom whatever source. derived. each and every of which, it being expressly understood, is hereby mortgaged as it specitinlly set forth and described itt the granting and habendum clauses hereof. and wch Receiver shall havY all ehe broad :ntl eftectise functions attd powers in anywise entrusted by a court to a Receiver. and such appointment shag be made by such court as an admitted equity and a matter of absolute right to aid Atoregagee, attd without reference to the adequacy or inadequacy of the value of the property mort• gaged or to the solvency or insolvency of said 1ltortgagor and;or o[ the defendatsta, and that such rent-. profits, income. it sues and revenues shall be applied by such ReceisYr according to the lien and/or equity of said Mortgagee and the pnctice of wch court. fi.~-~ •wsdessteed`-assd-agrec~d~ftac-ttmratongageisgirerr~o ~ecczsre:-in-~aeMitios+-to-ette-ttote•brbbNgation-abt~rrdrr stxibsd~n} addiaanal.loatst:~es •isrwse-aiw+tecrittode-widths ~wewty~•Bass i[~es?-data b~wt-by-the-+swugages>_w.said-srwstga• goss~cas?}wceesws3wsitloo4utid•[ctas~tgag~sru-ef-dtePr'°Pe*ty'l+e~reby-eettwy+dt~Pm"'tidsd ~batrtlw-+4tal-wspaid-balanca.oE- she•ixde6tedt+eu-secured`ltesrbJr:t-assy-ene-Blest shsdl-net-esceeed-iite~aseisatssn-p*isscipa~ itassttwt-eE------_---------~~ -----------_---------------Bolus:-~----r.----_----------.---rrpivrietereaehereoe-s+d-.n,- dis6nraeaos:sts•taada b+iC~be.aaostg~se-i~s.~~..ss~-t.xasrJevia~sat?susattc..ow-tlt[~ppop.u}.ttctsa4besoa-laeasby,- arit4_.it:seartst .ow.,wclt. disbssrata.nta IN WITNESS WHEREOF, the said ktortgagor hu executed this mortgage under seal on the day and yeae ~ijr2'i~ 's. above written. ~ r . ~t R ign led and d 'vesed in a presence o[: • V . ~j ~ Ys . p y, ~ - - - - OCBAN TOWBRS DBVBLOP _ ~~;,t ' ' CORPORATION - -,~c., _ - By =~~+wo 7 ~ Anthony H otolongo a/ _ • ~ _ STATE OF TOIIy SO OIIgO , PleSid~t ,',;°'1_ - . , ti;.~ - ~ COUNTY OF ss. i~•• _ ' ` - - , Before me personally appeared - - - - - - r to me well know and known to cot to be the individual- described in and who executed the foregoing instrument, and acknowledged before me that he... executed the setae for the purposes therein expressd. WITNESS my hand and official seal this day of - - - . . 19 Notary Public in and for the County and State Aforesaid. 1?fy commission expires: STATE OF __F1~.Ii~ - - COUNTY OF ------MBTtfn_________--_---___-- ~ ~ - Before me personally appeared Anthony H._Sotolongo 1kJa_Tony_ Sotolongo " _ iHfi - . to me well known and known to me to be ehe President $s1~ _ >~q>~ ~ of _QC8A11I_TQD$y_$~.OPMBNT CORPORATION__-_-- " - _ _ _ ,the corportitlouc'' t~ named in the to to instrument, and kttown to me to be the who as wch ottic , - ~ ~.i 8 Peiso~ e~ of said corporation.- t~lia~eds.• t `r; the same; and then and there the said .AIItYIQIIji.~,__.~S2~~Bp•0 8~1C/$_TQnjl_ SOtOlOI!_$O___-___-.__ ~ • r-.. : . - _ did acknowledge before _ 'f t instrument is the free act and deed of said co ntion b tr executed as wch office for the.-' r ' ` in expressed: that the seal thereunto attached is the ootponte seal by hinf in like capacity affixed: all u hi>il duly vested by the Board of Directors of said corpon ' _ WITNESS my hand and official seal this day of Ll8t... - - ~ „r - - ~ - - . -s Q_ otary Public in and for f the County and State A[oresaid. - ~~315 n My commission expires: ~ ~Zr•- ' - ~ ~0{lK PAGE 597 • ~