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HomeMy WebLinkAbout2137 0. Tbat laI In the event of any brlach of this mortgage or default on the part of the 1?longagor, or Ib1 to the event any of said sums of money he»in referred to bs not promptly and fully pad within len days next attar the rime severally become due and payable, without demand or notice, or ~ c t in the event each and every the stipulaUona, agreements, conditions an4 covenants of scud promis~~~i y r: ate and this m~~rtgage, any or either, ors not duly, promptly and fully performed, discharged, executed. effected, completed, complied with and abided by, then. in either or any such event, the and aggregate sum m••ntione4 in sa,d pmmisaory note then remaitung unpaid, with intrre~C accrued, and all moneys aeciired hereby, shall becunic due and r.+yable forthwith, or theca alter, at the option of said Mortgagee, as fully and completely as all oI the said ;irn~~ of money were originally stipulated to be p?iJ on such day, anything in said promissory. note, anA or m this mortgage to the contrary not- withstanding; and thereupon or thereafter at the option of sad i<tort~aRce, i~•ithout notice or demand. suit at law or in equity, the»totore, or thereafter begun. may be prosecuted as if all moneys secured hereby had matured priuc iu .w ;i~o:::::::L::. Z. That In the event that at the beginning of or at any time pending any suit upon this mortgage, or to foreclose It, or to reform It. and/or to enforce payment of any claims hereunder, awd 1?tortgagee shall apply to the court having jurisdiction thenot for the appointment of a Receiver, such court shall forthwith appoint s Receiver of said mortgaged property all and singular, includinf: all and singular the rents, Income, proAta, issues and revenues from whatever source derived, ea.•h and every iii ~.•hich, it bcinR expressly understood, u hereby mortgaged as it specifically set forth and described in the Rr:inting and habrndum clauses hereof, and ouch Receiver shall have all the broad and effective functions soli ;~~~v-: i~ in an>•vvise entrusted by a court to a Receiver, and such appointment shall be made by such court as an admitted equity and a matter of ab• solute right to said Mortgagee, grid without reference to the adequacy or inadequacy of ti?e value of the prop- erty mortgaged or to the solvency or insolvency of uit) Mortgagor and nor of the defendants, and that such rents, prohts, Income. issues and rccenuea shall be applieQ by such Receiver according to the lien and/or equity of wd Mortgagee and the practice of such court. above described any additional loans or future advances made within twenty year eo b the Y mortgagee to paid mortgagors or any successor in title of sal a property hereby conveyed; provided that the total unpaid balance secured hereby at any one time shall not exceed the maxima o Dollars i, plus interest thereon and any disbursements made by the mortgagee for the pay- II~ W1TN>rSS WHL~R]l:OR, the said Mortgagor hu executed this mortgage under seal on the day and year herein brat above wrlttea Signed, sealedJyttd livered in the prex / / ~l~ R er t ins (2) _ , era G. ins Florida STA'L'L OF - covNT~roF....Palm_Beach.--... " Liefore me personauy appeared..--...Robert.• Die;: _.~z},s~...~ax_ah...G.-...bias-.,-...his...wife_.-.-- to me well known and kno~~-n to me to he the individual described in and who executed the toregOing instru- ment, and acknowledged be[ore me that .t.he..}1 executed the same tar the purposes thsrem exprexsstl. 1Ni~~~ . WLTNESS my hand and official seat flue...--- - -~~~.....day o/.-. jf..~ . 't - Notary Public in and • '~Mtr`~ f~-- 3i y ; the County and State°~ -:.•~+t- ~ti. - My commission exp j~ ' AT LAS STATIC OF . 7 19>h aa- Notarial Se - • ~ COUNTY OF z Before me personally appeared_.......-......... ` and W ms wall known and known to me to be the ........_....---.-....-._......-Prssldent and......---............__....-•--- Secretary reapectlvely of _ . ......................................--......___.._.-..........._..r_...------................._....__....., the corporation named !n the toregotng instrument, and known to me to be the parsons who its such officers of wd corporation. executed the acme: and then and the» the saJd .................._.-.---........_...-........_-......---........................._-........_---and fire WQ ..._.._.--•-------•--....__.dfd aeknowl.aga beto» me that wd instrument Is the tree act and deed of said corporation by them »spectlvety executed v such otllce» tot file purposes thenln expressed; that the eeU thereunto attached 1s the corporate sea! by thea? to like capacity at• fixed:Wunder authority in thsm duly voted by the Board o! Dlrecto» of sold corporation. WITN6.98 my hand sad otAcla) awl th1s ............._.-_-_..-•-day ot----.....--_.•-.-.............-•---....._---..--.-.._-y lY..._._ 4899 - , Notary 1'ubUc In and for . ' y + ~ -S 1= ~ the County asi4 Slats wtoresald- My eomailsslon e:ptrtie: F : ~ ~ ~ 7v: . S~t.UG:Er'?:ba1):i. R~iR °v^IIFi:.:. 3~.9 Y~F~1~5 31~~