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HomeMy WebLinkAbout1478 _ ~ _ ~ ~ i c Tlut (a) In the event of any bnaeh of this mortsaga or default on the part of the 1?fortgagor. or Ib1 la ~ the event any of said sums of money henla referred to ba not promptly and fully paid w+thin ten days next aftsr We satna severally become due and payable, without demand or nonce. or tcl in the event each and eery the atipulatsons. asresmenta. conditions and etiovenants o! ss+d prom~ssn+y nets and th+s mortgage. any or either. are not duly. promptly and lolly performed. d+srharged, executed. etfecteJ. completed. eomphed with and abided ~ by. tl?en. to ether oe any such event. the said atsngate sum m~~ntionsd to ss~d pwm+ssory note then nmainins unpaid. with interest accrued. and all moneys secured hereby. shall Oecome due and pa~abte forthwith. or there- after. at the option o! said Mortgages. u fully and completely a~a it all of the said suns of money wen orisinally stipulated to be pa+d on such day. anythlns to sod pron+issory note. and or to this atortgasa to the contrary not- i withstanding; and thereupon oe thereafter at the opticut of said Mortgagee. ~e~ithout notice or demaa?d, suit at law or is equity. tberetofoser or tbeseaftsr besuq, tray b prosecuted ss if aq moneys secured herby bad matnnd prior to its institution 7. That In the event that at tM Mstnattts o! os st atgr time pending any suit upon fhb morceaae~ or to ti..~.cl~... cr is a:a:::.::~ ::.d:sr suvrc. psgrment of any flume hereunder, said Mortgagee shall apply ' to the Court batons jusisdictloa thereof for the appointment of • Recetvee. such court, shall forthwith appoint a RaeNver of said mortsa;sd property alt and sinsular. Including all and unsulae Ne rents. lnootae. protlts. issues and revenues floe! whatevse souses derlvtd. each sad every of which. it betna expt+essly ueaderstood,, L • hereby mortsasad a~ !t specifically eat forth and descnLed in the Rrrntms and habendutp clauses hereof, and such ivet•sbaL have dl the broad and ettsetiw functions and Ix..ecrs in aniwise entrusted by a court to a Receiver; and such appointment shall be made by such court as an admitted equ[ty and • .mattes of ab- solute Hght to• saki Mortsagee. and without reference to the adequuy or inadequacy of the valve o! the prop. erty mortgaged or to Ute solvency or insolvency of aald l?tortgagor andior of the detatdaats. sad that such nntar pr+otita~ Income. lasoaa and revenues shall ba applied by such Reeeaver aceoMins to the lisp atW/or equiq of said Mortsasea std the practlee of such court 8. It is understood and sprsed that this mortgage is elvers to secure. in addition to the note os oblisation above described ally additional loans or future advances made within twenty years from date lteseot by the mastgagee to said mortaasots or say successor in title o! said mortsason of the properq? hereby conveyed; provided that the total unpaid balance of the ind~~~~dnesa secured here aaf~t say one time shat Cwt exceed the maximum principal amount of E _Ve thOUS8n anc~. Do 1VA-----_--------- Dollars _ plus interest thereon and any disbursements madt by the mortgagee for-the pay- - - meat of taxes. levies os insurance oa the property encumbered hereby, with-interest oa such disbursements. IIt W!f'NL'~ • gild l[ortta~oe hat executed this martsase midair sea) ow the dp and ~ first } r ad r+esence ot: t - ~ F T. ' - 2</.~~ . - - EVA -RUTH WiLK aTATS of FLORIDA MARTIN ~ " COUNTY OF Before tae peaoaa3ly a. FRANCIS T . WZLK and EVA RUTH WILK ~ = i to the well ktwwn and known to me to betjhsj~ dividual.S described in sad who exscuted•~~~ s~~ot+e -,~~~1rL ~~r.,,_ mart, sad ack:wwlsdsed beton me that ...he.J! executed the asset toe the puspoaee thet~d~e~~s - Wl'1'NLrS3 my bead and ottlctal sad this.. 28th day of August - = : 3i~, w . ~a ~J r - ` r c fA sad I`_~ the County sad State I , ~:i G.~~ l~+ty commaasion expires: - . 8TAT1c OF..._.»»...»............»_._......».... COZJNTY OF ss. Alotery Public. State of taorlds st litpb. bly Ca'nmiss:on Expires June 18, 18!12 Before one personally appeared.. and.......».---._..» to tae well known and known to ms to be Ufa..».......... »»..»....._.Praatdent and...._._.___-___._ tlecrstasy respectively ot ..»»...M the corporaUoa named !n the toregoing ltutrument. sad known to me to De the persona who as such otfacsrs of said corporation,. executed the same; sad then sad than the add........»._......_.. sad the Bald ...».»..»..»_»..__,»,_»,w w+¢ ackaowlsdge b+fon me that add Instrument In the Tres act and deed of add corporation by theta reapacttvely executed sa such ottteers for the purposes therela exptYSaed; that the seal thereunto attached b the corporate seal Dy them Ia ltks apaclty a!- ~ taxed; ail under authority in them duly vested Dy the Board of Directors of said corporation. RTlNS9$ my hand and oftacid seal thin........»..._.._._.»._day ot....,..» ip Notary Pubilc In and for ~ the County and Sbte Aforesaid. ~ xy comtnaaaloa .=par..: - - - - _ ~~ox31S p~F1477