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HomeMy WebLinkAbout1659 w d. That tai to the event o! any breach of this mortgage or default on the part of the 1?fortgagor, or tb? to the event any of said sums of money herein referred to be not promptly and fully paid wUhin ten days next after the same severally become due and payable, without demand or nonce, or tcl in the event each and every the stipulations, agreements. conditions and ~•ovenants of said prom,sso~y note and this mortgage, any or either, are not duly, promptly and fully performed. discharged, executed, etfecteJ, completed, complied with and abided by, then, to either or any such event. the said aggregate sum mentioned ~n said promissory note then rema~rung unpa,d, with interest accrued, and sU moneys secured hereby, shall become due and payable forthwith, or there- atler, at the option of said Mortgagee, as fully and completely as if all of the said sums of money were originally at~pulated to be paid on such day, anything in said promissory note, an,1 • or in this mortgage to the contrary not- withstanding; and thereupon or thereafter at the option of said 1?lortgagee, ~eithout nonce or demand. suit at law or in equity, theretofore, or thereafter begun. may De prosecuted as it all moneys secured hereby had matured prior to its institution. 7. That in fhb evEni t;i.t at th a ba6l.rl:.g of or :say tlate pendi::g a.~y suit upon Lhls enorigage, ar to foreclose it. or to reform it, and/or to enforce payment of any clams hereunder. said Mortgagee shall apply to the court having jurisdiction thereof for the appointment of a Receiver, such court shall forthwith appoint . s Receiver of said mortgaged property ail and singular, including all and singular the rents, incomt, profits, issues and revenues from whatever source derived, each and every of which, it being expressly understood, 1s , hereby mortgaged as it specifically set Iorth and described in the Rr:~nting and habendum clauses hereof. and such Receiver shall have all the broad and e[fective- functions and lx,~ti•ers in xnyK•ise 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, and without reference to the adequacy or inadequacy of the value of the prop- erty mortgaged or to the solvency or insolvency of said Mortgaxor and~or of the defendants, and that such rents, profits, income, issues and re~•enues shall be applied by such Receiver according to the Ilen and/or equity of said Mortgagee and the practice of such court. above descn it:onal loans or future advances made within twenty years from date hereof by the mortgagee to said mortgago r in title of said mortgagors of the property hereby conveyed; provided that the total unpaid balance of a secured hereby at any one time shall not exceed the maximum principal amount of Dollars ~s plus interest thereon and any disbursements made y for the pay- 'the._prOpert~pnc W WITNESS WIiEREOF, the said Mortgagor has executed this mortgage under sesl on the day and year herein Lint above written. 9lgned, s an eliv in the presence ot: rgar u o f~.IUCIE~: e5 Jolla - 4+b834 3 c~E F': RECOFI' ~l' ' - u ~ ~ 5 STATE OF.....__..FLORIDA " 31 ai'f COUNTY OF..._...iEl.........__•.--•----~ j ~ - THOMAS GU MARGARET G[JI.I,O his wife Sefor~•mepersonally appeared . ~ •to me fireil :kri0urri sad kqo to me to he the individual S. described in and who executed the foregoing lnstrv inert, an~.siCknowlec~ed,ore me that ..they._ executed the same for the purposes therein expressed. _ , p.,~ hand and official seal this ..............l.-._..._...daY Of......._.... -~G"~'~- 19.9 ~ '•1 t y -r~_' • - Notary Public in and for the County and State Aforesaid. My commission expires: .3 sa. COUNTY OF Beto:s lne,personally appeared-•--• and....--•-•-•-•--•- to ms well lmown and known to me W be the_.........-.. .President and._....__..___.._.__.._.._.._.------...._.._...._._......_...--••----... Secretary re ctivei of the corporation sM Y named in the foregotng instrument. and known~o~me to be the persons who u such officers of said corporation, sad the said executed the acme; and then and there the said._........__.::.~--•--._......_.....---.- did acknowledge bstora me that said •-c-----_..._._ Instrument is the free act and deed of said corponUon by them respect ly executed as such otricen for the purposes therein expressed; that the seal thereunto attached V the corpo_ seal by Wem 1n like capacity at- tixed; all under authority fn them duly voted by the Board of Directors of acid ration. WTPNIl:38 my hand sad ofriclal seal this-...._._..._._._._.---.day of-----..._.....- 19.---- Notary PubUc to and for the County and State Aforesaid. a~321 Pa~Ei6~i~